Data Patterns India (DATAPATTNS) Q2 26/27 earnings summary

Executive summary

• H1 FY27 order inflows reached ₹1,046 crore, nearly 3x H1 FY26; order book was ₹1,723.6 crore at September 30, with ₹2,698 crore of visibility including negotiated orders.

• Q2 revenue and profitability fell YoY against exceptionally strong Q2 FY26 execution; management expects stronger H2 and maintained FY27 guidance.

• Strategy focuses on indigenous product development, integrated defense systems, expanded manufacturing capacity and export growth.

Financial highlights

• Consolidated Q2 FY27 revenue was ₹133.25 crore versus ₹307.46 crore YoY; PBT was ₹29.39 crore versus ₹66.36 crore, and PAT was ₹21.82 crore versus ₹49.19 crore.

• Consolidated H1 FY27 revenue was ₹249.28 crore versus ₹406.79 crore; PBT was ₹58.87 crore versus ₹100.31 crore, and PAT was ₹43.88 crore versus ₹74.69 crore.

• Q2 EBITDA was ₹31.4 crore, down 54.1% YoY, with a 23.6% margin; H1 EBITDA was ₹62.8 crore, down 37.5%, with a 25.2% margin.

• H1 order inflows totaled ₹1,046 crore, including ₹929 crore in Q2 versus ₹167 crore in Q2 FY26.

Outlook and guidance

• FY27 guidance remains 20%-25% revenue growth and 35%-40% EBITDA margin; H2 revenue is expected to exceed H1 as deliveries pick up.

• Production is underway for Q3 and Q4 deliveries; execution typically skews toward Q4, with acceleration expected over the next five months.

• ₹956 crore of negotiated orders await formal receipt, with most expected to be formalized within one to two months, subject to approvals.

• FY27 expected order inflow is ₹2,000 crore, excluding received and negotiated orders; pipeline opportunities are ₹20-40 billion over 24 months.

• Priorities include full-system product development, export marketing and infrastructure for future contracts.