Chennai. 31 January 2023. The Board of Directors at Data Patterns (India) Limited (NSE: DATAPATTNS | BSE: 543428), a vertically integrated Defense and Aerospace electronics solutions provider catering to the indigenously developed defense products industry, today approved the limited review financial results for the quarter ended December 31, 2022.

Data Patterns reportQ3 (2022 – 2023)

  • Total Revenue for Q3 increased by 155% from Rs. 44.54 Cr in quarter ended December 31, 2021 to Rs. 113.66 Cr in quarter ended December 31, 2022. 
  • The Company’s Earnings before Interest, Tax, Depreciation and Amortization (Operational EBIDTA) increased by 202% from INR 15.59 Cr for the quarter ended December 31, 2021 to INR 47.04 Cr in the corresponding quarter ended December 31, 2022
  • Profit Before Tax (PBT) improved by 275% from INR 11.91 Cr in the quarter ended December 31, 2021.to INR 44.64 Cr in the quarter ended December 31, 2022
  • Profit After Tax (PAT) increased by 272% from Rs. 8.96 Cr in the quarter ended December 31, 2021 to Rs. 33.32 Cr in the quarter ended December 31, 2022.

9 Months Ended (2022 – 2023)

  • Company’s total revenue for the nine months ended December 31, 2022 was Rs. 273.75 Cr, an increase of 93% over the revenue for the corresponding nine months ended in FY 2021-22 of Rs. 141.69 Cr. 
  • Operational EBIDTA increased by 84% from INR 53.45 Cr for the nine months ended December 31, 2021 to INR 98.46 Cr in the corresponding nine months ended December 31, 2022.
  • Profit Before Tax (PBT) improved by 118% to Rs. 92.73 Cr for the nine months ended December 31, 2022 as compared to INR 42.62 Cr in the corresponding nine months ended December 31, 2021.
  • Profit After Tax (PAT) increased by 113% from Rs. 32.16 Cr in the nine months ended December 31, 2021 to Rs. 68.65 Cr in the nine months ended December 31, 2022. 

ORDER BOOK

  • Orders on hand as on date – INR 890.40 Cr
  • Negotiation completed & yet to receive order – INR 123.86 Cr
  • Including orders negotiated converted into orders, the order book will be INR 1,014 Cr 
  • Order book as on April 01, 2022 was Rs. 476.18 Cr

Commenting on the company’s performance, Srinivasagopalan Rangarajan, Chairman & Managing Director, Data Patterns (India) Limited said, “We exceeded our own internal goals by achieving revenue growth of 2x times in 9MFY23, the best ever in our company’s history. With the expectation of new orders in Q4, we are focused on improving execution effectiveness to promote operating leverage and maintaining a diversified order book. With the new manufacturing facility anticipated to commence in Q4 of FY 2023, we are well positioned to benefit from the strong sectoral tailwinds given our R&D prowess and our manufacturing capabilities.”