Sector Alpha Week of 2026-07-24
Sector Alpha — machine-written from the numbers · Data as of 2026-07-24

Data Patterns (India) Ltd

DATAPATTNS
Aerospace & Defence - Equipments

Data Patterns (India) Ltd's price has outrun its earnings. +48.2% in a year against EPS +22.3% — the market is paying now for delivery later.

The sharpest disagreement: profits are rising, but only 19% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.

The price is in a confirmed uptrend (21 weeks in) while the P/E sits at the 98th percentile of its own 5-year range. Underneath, the last four quarters read improving — profit +21.1% year on year, and 19% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.

Stage
Consistent
fundamental trajectory, 12 quarters
Price
₹4,086
+48.2% 1Y
P/E
104.0×
98th pctile
of its own 5-year range
Revenue (Mar 26)
₹345 Cr
−12.9% YoY
Profit (Mar 26)
₹138 Cr
+21.1% YoY
Operating margin
56.0%
+18.0 pp YoY
ROCE
22%
FY26
ROIC
20.7%
vs WACC 12.0% → +8.7 pp
Cash conversion
19%
of profit, last 3 FY
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Data Patterns (India) Ltd trades at ₹4,086, in a confirmed uptrend and 21 weeks into that stage. That is +17.4% against its own 200-day average. It sits at 72% of a 52-week range of ₹2,183 to ₹4,822. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (1 week and counting).

Today the stock is in a confirmed uptrend — week 21 of stage 2, confirmed. At ₹4,086 it trades +17.4% versus its 200-day average and sits at 72% of its 52-week range (₹2,183–₹4,822).

Jul 26: ₹4,086 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 3-year window.
+17.4% versus the 200-day line, week 21 of stage 2
Price50-day avg200-day avg
S2S4S2S2₹5,093₹4,111₹3,130₹2,148₹1,167₹4,086₹3,480Jul 23Apr 24Feb 25Nov 25Jul 26
S2S4S2S2₹5,093₹4,111₹3,130₹2,148₹1,167₹4,086₹3,480Jul 23Feb 25Jul 26
Beating or trailing, week by week since 2021 Each cell is one week from 2021 to now (245 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Dec 21Jul 26

Against the market, two honest reads. Cumulative: over the last 4.6 years the stock moved +441% while the NIFTY 500 moved +57% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (1 week and counting; last ahead the week of 2026-07-10) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 98th percentile of its own range.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Data Patterns (India) Ltd trades at 104.0× P/E, about the priciest it has ever traded. Its long-run median P/E is 72.0×, measured across 4.6 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 104.0× is about the priciest it has ever traded, against a long-run median of 72.0× measured over 4.6 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 104.0× vs a 72.0× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 4.6-year window; loss-period spikes above 105× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
about the priciest it has ever traded
P/EMedianEPS (TTM) (quarterly)
113.0×₹35784.8×₹26856.5×₹17828.3×₹89.20.0×₹0.0×103.80×₹44Dec 21Mar 23May 24Jul 25Jul 26
113.0×₹35784.8×₹26856.5×₹17828.3×₹89.20.0×₹0.0×103.80×₹44Dec 21May 24Jul 26
PEG 2.81 PEG ratio per quarter — the P/E divided by the earnings-growth rate. The dashed line marks 1.0: below it the growth is cheap against the multiple, above it the price already prices the growth in. Computed here as quarter-end P/E ÷ trailing-twelve-month EPS growth (only quarters with positive growth), because a reported quarterly PEG is not held for this stock. Last 12 quarters; values above 6 pinned at the top.
above 1.0, the multiple already banks the growth
PEGPEG = 1.0
6.4×5.0×3.5×2.0×0.6××2.81×Q1 FY24Q3 FY24Q2 FY25Q1 FY26Q4 FY26
6.4×5.0×3.5×2.0×0.6××2.81×Q1 FY24Q2 FY25Q4 FY26
P/E
104.0×
98th percentile of 5y
PEG
3.91
derived from 3-year earnings growth

🚨 Why the multiple sits where it does: over the past year annual EPS moved +22.3% against a +48.2% price move — the price outran earnings, pushing the multiple UP its own range.

The price move, decomposed: over 3y, of the +26.3%/yr price move, ~+26.1%/yr came from earnings growth and ~+0.2 pp from the multiple (roughly flat). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.

Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.

→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.

03 · Stage: Consistent

Stage: Consistent Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Data Patterns (India) Ltd reads as consistent on its fundamental arc. Consistent — revenue, profit and EPS growth have stayed positive through the window, with ROCE at 22.4% and holding. The read is built from 12 quarters across 4 curves, on full evidence.

Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. A missing point means that reading is not held for the quarter.
the trajectory the stage is read from
RevenueProfitEPS
106%51%76%40%46%28%16%16%−14%4.6%%%30.5%22.1%22.3%Jun 23Sep 24Mar 26
106%51%76%40%46%28%16%16%−14%4.6%%%30.5%22.1%22.3%Jun 23Sep 24Mar 26
ROCE Trailing-twelve-month operating profit (before interest and tax) as a share of average capital employed — total assets minus current liabilities, the standard textbook basis, %.
the return curve, computed quarterly
ROCE
25%24%22%20%18%%22.4%Jun 23Sep 24Mar 26
25%24%22%20%18%%22.4%Jun 23Sep 24Mar 26
Revenue growth
Steady high
latest +30.5% · span −5.5% to +97.4%
Profit growth
Steady high
latest +22.1% · span +7.8% to +48.0%
EPS growth
Steady high
latest +22.3% · span +7.8% to +40.4%
ROCE
Steady high
latest 22.4% · span 18.9%–24.8%

Why it matters: steady curves with healthy returns are the compounding setup — the risk is the price, not the business.

Growth, year by year: revenue +30.6% in FY26, profit +22.1% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn. Turnaround-year spikes shown pinned (▲).
Revenue YoYProfit YoYEPS YoY
141%332%99%217%57%103%15%−12%−28%−126%%%30.6%22.1%FY16FY21FY26
141%332%99%217%57%103%15%−12%−28%−126%%%30.6%22.1%FY16FY21FY26
TTM growth by quarter Trailing-twelve-month growth versus the year-ago TTM, per quarter, %: revenue (left axis); profit and EPS (right axis). The acceleration read compares the last 4 quarters (+30.5%) with the last 8 annualized (+33.3%).
revenue stabilising, profit stabilising
Revenue TTM YoYProfit TTM YoYEPS TTM YoY
106%51%76%40%46%28%16%16%−14%4.6%%%30.5%22.1%Jun 23Sep 24Mar 26
106%51%76%40%46%28%16%16%−14%4.6%%%30.5%22.1%Jun 23Sep 24Mar 26
Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue+30.6%+26.9%+32.8%+36.2%
Profit+22.1%+29.8%+37.1%+75.1%
EPS+22.3%+29.8%−31.7%+26.3%
Share price+48.2%+26.3%
Revenue YoY (Mar 26)
−12.9%
latest quarter vs a year ago
Profit YoY (Mar 26)
+21.1%
latest quarter vs a year ago
Revenue 10y
36.2%
long-run compound pace

→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.

04 · 4-Factor Sector Score

4-Factor Sector Score

65.0/100 — rank 5 of 24 in Aerospace & Defence - Equipments · 96% evidence confidence

Data Patterns (India) Ltd scores 65.0 out of 100 against the 24 companies it is compared with in Aerospace & Defence - Equipments, ranking 5. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

The four contributions add to the total exactly: 25.7 + 22.1 + 7.7 + 9.5 = 65. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

05 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

Data Patterns (India) Ltd reported ₹345 Cr of revenue in the Mar 26 quarter, −12.9% year on year. Over 10 years it has compounded at 36.2% a year. The last full year, FY26, came in at ₹925 Cr. The last four reported quarters add to ₹924 Cr.

Data Patterns (India) Ltd reported ₹345 Cr of revenue in the Mar 26 quarter, −12.9% year on year. Over 10 years it has compounded at 36.2% a year. The last full year, FY26, came in at ₹925 Cr. The last four reported quarters add to ₹924 Cr.

FY26 revenue came in at ₹925 Cr (+30.6% on the year), capping 10 years at 36.2% compound. The latest quarter (Mar 26) printed ₹345 Cr, −12.9% year on year.

FY26 revenue ₹925 Cr (+30.6% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
36.2% a year over 10 years
RevenueYoY growth
999141%74999%50057%25015%0−28%₹ Cr%₹92530.6%FY16FY21FY26
999141%74999%50057%25015%0−28%₹ Cr%₹92530.6%FY16FY21FY26
Mar 26: ₹345 Cr (−12.9% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Revenue (quarterly)YoY growth
428258%321184%214111%10737%0−37%₹ Cr%₹345−12.9%Jun 23Sep 24Mar 26
428258%321184%214111%10737%0−37%₹ Cr%₹345−12.9%Jun 23Sep 24Mar 26

Pace check: the last four quarters averaged +66.9% growth against the decade's 36.2% — the current year is running faster than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew +30.5% over the last 4 quarters against +33.3%/yr over the last 8 — stabilising; TTM profit +22.1% vs +22.0%/yr — stabilising.

→ Revenue slipped — did margins hold as it scaled? Next: 56.0% this quarter (+18.0 pp YoY).

06 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Data Patterns (India) Ltd's operating margin is 56.0% in the Mar 26 quarter, +18.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 16.0% to 45.0%. The current quarter is running above every full year in that window.

Data Patterns (India) Ltd's operating margin is 56.0% in the Mar 26 quarter, +18.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 16.0% to 45.0%. The current quarter is running above every full year in that window.

The latest quarter's operating margin is 56.0%, +18.0 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 16.0%–45.0%.

Why the margin moved: operating margin went +18.2 pp year on year while gross margin went +24.5 pp — the gain came mostly from the gross line: input costs and pricing.

FY26: 40.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 13-year window.
within a 16.0–45.0% band over 13 years
operating marginYoY change (pp)
47%15%39%8.8%31%3.0%22%−2.8%14%−8.6%%%40%1%FY14FY20FY26
47%15%39%8.8%31%3.0%22%−2.8%14%−8.6%%%40%1%FY14FY20FY26
Mar 26: 56.0% operating margin (+18.0 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
59%21%49%11%39%1.0%29%−8.9%19%−19%%%56%18%Jun 23Sep 24Mar 26
59%21%49%11%39%1.0%29%−8.9%19%−19%%%56%18%Jun 23Sep 24Mar 26

→ Margins held — did that reach the bottom line? Next: profit +21.1% in the latest quarter.

07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Data Patterns (India) Ltd earned ₹138 Cr of net profit in the Mar 26 quarter, +21.1% year on year. It is the 3rd consecutive quarter of growth. Full-year FY26 profit was ₹271 Cr. The 10-year compound rate is 75.1%. That is 40.0% of the quarter's revenue. The same quarter a year earlier earned ₹114 Cr.

Data Patterns (India) Ltd earned ₹138 Cr of net profit in the Mar 26 quarter, +21.1% year on year. It is the 3rd consecutive quarter of growth. Full-year FY26 profit was ₹271 Cr. The 10-year compound rate is 75.1%. That is 40.0% of the quarter's revenue. The same quarter a year earlier earned ₹114 Cr.

Mar 26 profit was ₹138 Cr, +21.1% year on year — the 3rd consecutive quarter of growth. On the full year, FY26 printed ₹271 Cr (+22.1%), and the 10-year compound rate is 75.1%.

FY26 profit ₹271 Cr (+22.1% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
75.1% a year over 10 years
Net profitYoY growth
293761%220539%146317%7394%0−128%₹ Cr%₹27122.1%FY16FY21FY26
293761%220539%146317%7394%0−128%₹ Cr%₹27122.1%FY16FY21FY26
Mar 26: ₹138 Cr (+21.1% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
3rd straight quarter of growth
Net profit (quarterly)YoY growth
14994%11263%7532%371.2%0−30%₹ Cr%₹13821.1%Jun 23Sep 24Mar 26
14994%11263%7532%371.2%0−30%₹ Cr%₹13821.1%Jun 23Sep 24Mar 26

Why profit moved: revenue contributed −12.9% and the margin +18.0 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.

Pace comparison, last four quarters: profit +23.0% vs revenue +66.9%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.

→ Profit rose — but did the cash follow? Next: 19% of the last 3 years' profit arrived as cash.

08 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 19% of Data Patterns (India) Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹80.0 Cr of operating cash against ₹271 Cr of profit. After ₹61.0 Cr of capital spending, ₹19.0 Cr was left as free cash.

FY26: operating cash of ₹80.0 Cr against reported profit of ₹271 Cr, leaving free cash of ₹19.0 Cr after ₹61.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 19% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY26: CFO ₹80.0 Cr vs profit ₹271 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 11-year window, annual resolution.
19% of 3-year profit arrived as cash
Operating cashNet profitFree cash
30917235−103−240₹ Cr₹80₹271₹19FY16FY21FY26
30917235−103−240₹ Cr₹80₹271₹19FY16FY21FY26
FY26: CFO = 30% of profit (three-year rate 19%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash; outlier years shown pinned.
Conversion100%
328%227%125%24%−78%%30%FY16FY21FY26
328%227%125%24%−78%%30%FY16FY21FY26

🚨 Why conversion sits at 19%: the cash cycle tightened 75 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner. Less than 70% of profit arriving as cash is the thing to watch on this page.

Router verdict: the bigger cash user is investment — capital spending ran 5.2× depreciation over three years, so the next section's job is to check what that build-out is buying.

→ So follow the cash to where it goes. Next: ₹274 Cr of building over 3 years.

09 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Data Patterns (India) Ltd's cash conversion cycle runs 499 days in FY26, down from 574 days in FY21. Capital spending ran ₹274 Cr over the last 3 years. At FY26 sales of ₹925 Cr each day of that cycle holds about ₹2.5 Cr, so roughly ₹1,265 Cr sits inside the business at any moment.

FY26: debtors at 287 days, inventory at 294 days — roughly 9.7 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 499 days, tighter than FY21's 574.

The full loop: cash goes out to suppliers and production on day 0; stock waits 294 days to sell; customers pay about 287 days after that; and suppliers themselves are paid at 82 days — netting out to the 499-day cycle.

In money terms: at FY26 sales of ₹925 Cr, each day of the cycle holds about ₹2.5 Cr — so the 499-day loop keeps roughly ₹1,265 Cr sitting inside the business at any moment.

FY26: a 499-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 13-year window.
−75 days vs FY21
Cash cycleInventory daysDebtor daysPayable days
1,7321,275819362−95days499d294d287d82dFY14FY17FY20FY23FY26
1,7321,275819362−95days499d294d287d82dFY14FY20FY26

On the investment side: capital spending of ₹274 Cr over the last 3 fiscal years against ₹53.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹74.0 Cr (FY26) — capacity paid for but not yet earning.

FY26: capex ₹61.0 Cr, work-in-progress ₹74.0 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
a build-out
CapexWork-in-progress
1219160300₹ Cr₹61₹74FY16FY18FY21FY23FY26
1219160300₹ Cr₹61₹74FY16FY21FY26

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

→ Does all this activity actually earn its cost of capital? Next: ROCE is 22% and the ROIC − WACC spread is +8.7 pp.

10 · Return on capital

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

Data Patterns (India) Ltd earns a ROCE of 22% in FY26. That is up from a trough of 4% in FY16. Return on invested capital clears the cost of that capital by +8.7 percentage points, so growth here adds value rather than only size. The wiring behind it is 29.3% net margin on 0.48× asset turns.

FY26 ROCE is 22%, recovered from a FY16 trough of 4% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY26): 29.3% net margin × 0.48× asset turns × 1.11× balance-sheet leverage ≈ 15.6% on equity. Margin is doing the heavy lifting; leverage is modest — this is an earned return, not a borrowed one.

The capstone test — ROIC − WACC: 20.7% − 12.0% = a +8.7 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. A spread this wide means every rupee reinvested creates more than a rupee of value — the engine compounds.

FY26: ROCE 22% Return on capital employed by fiscal year, % (line); ROIC by fiscal year, % (line). 12-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the climb back from FY16's 4%
ROCEROIC (annual)WACC
42%32%22%11%1.2%%22%22%FY15FY20FY26
42%32%22%11%1.2%%22%22%FY15FY20FY26
Q4 FY26: ROCE 19.6% (TTM) vs WACC 12.0% Trailing-twelve-month ROCE and ROIC, per quarter, %; dashed line = the cost of capital. Last 12 quarters, put on a trailing-twelve-month basis and anchored to the annual figure.
ROCE (TTM)ROIC (TTM)WACC
27%23%19%15%11%%19.6%22.4%Q1 FY24Q2 FY25Q4 FY26
27%23%19%15%11%%19.6%22.4%Q1 FY24Q2 FY25Q4 FY26

→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.00.

11 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.

Data Patterns (India) Ltd carries total debt of ₹5.0 Cr against shareholder equity of ₹1,736 Cr as of Mar 26, a debt-to-equity of 0.00 — effectively unlevered. On the annual view that ratio went from 0.02 in FY22 to 0.00 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.

Mar 26: total debt of ₹5.0 Cr against shareholder equity of ₹1,736 Cr — a debt-to-equity of 0.00. On the annual view, debt-to-equity went from 0.02 (FY22) to 0.00 (FY26). The returns on this page are earned, not borrowed.

FY26: debt ₹5.0 Cr at 0.00× equity Total debt by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 5-year window.
Total debtDebt-to-equity
100.022×70.016×50.010×20.004×0−0.002×₹ Cr×₹50.00×FY22FY24FY26
100.022×70.016×50.010×20.004×0−0.002×₹ Cr×₹50.00×FY22FY24FY26
Mar 26: debt ₹5.0 Cr, debt-to-equity 0.00 Total debt per quarter, ₹ Cr (bars); debt-to-equity, × (line). Last 12 quarters. India reports the full balance sheet half-yearly, so the intervening quarter carries the prior reading forward.
Total debt (quarterly)Debt-to-equity
80.011×60.008×40.005×20.002×0−0.001×₹ Cr×₹50.00×Jun 23Sep 24Mar 26
80.011×60.008×40.005×20.002×0−0.001×₹ Cr×₹50.00×Jun 23Sep 24Mar 26

→ Who owns this, and are they adding or leaving? Next: Domestic institutions added 3.5 points over 8 quarters.

12 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Domestic institutions added 3.5 points of Data Patterns (India) Ltd over 8 quarters, the biggest move on the register. That takes domestic institutions to 12.0% of the company. Foreign institutions moved −2.4 points over the same window, to 12.5%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Domestic institutions: +3.5 points over 8 quarters to 12.0%; Foreign institutions: −2.4 points over 8 quarters to 12.5%; Promoters: +0.0 points over 8 quarters to 42.4%.

Why the register moved: rotation — foreign institutions −2.4 points against domestic institutions +3.5 points over 8 quarters, with promoters holding steady — one class of institutions handing the register to the other, not a verdict change by the people closest to the numbers.

Fiscal-year ends: promoters +0.0 pts from Mar 24 to Mar 26 Shareholding at each fiscal-year end (March quarter), % of the company. 3 year-ends held.
PromotersForeign inst.Domestic inst.Public
45%35%25%15%4.6%%42.4%12.5%11.7%33.4%Mar 24Mar 25Mar 26
45%35%25%15%4.6%%42.4%12.5%11.7%33.4%Mar 24Mar 25Mar 26
Domestic institutions added 3.5 points over 8 quarters Shareholding by holder class, % of the company, quarterly, last 13 quarters.
PromotersForeign inst.Domestic inst.Public
45%35%24%13%2.4%%42.4%12.5%12.0%33.1%Jun 23Dec 24Jun 26
45%35%24%13%2.4%%42.4%12.5%12.0%33.1%Jun 23Dec 24Jun 26

→ One last check: does the safety math agree? Next: the balance-sheet safety line.

13 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Data Patterns (India) Ltd: the Z-score reads 49.67. A Z-score above roughly 3 reads as safe and below roughly 1.8 as the distress zone, so this sits well clear of distress. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure.

Why it matters: a Z-score of 49.67 sits well clear of the distress zone — the balance sheet is not the risk here.

The safety line in one sentence: the Z-score reads 49.67.

Related companies · same sector · Aerospace & Defence - Equipments Every company is compared on the shape of its own curves, not static ratios. The Revenue, EPS and ROCE columns each draw that company's last 12 quarters as a mini line of the ACTUAL level (trailing-twelve-month revenue and EPS, and the ROCE itself) — so a line that climbs is a business getting bigger, a line that sinks is one shrinking. The colour tracks the same line: green when it is rising or steadily healthy, amber when it is rolling over from a high (still elevated but turning down), red when it is falling, grey when flat or stuck. Colour and direction always agree — a green line never points down. The ROCE curve is the return on capital (annual readings for peers, so a slightly coarser line than the quarterly one at the top of this page). The Stage column then runs the same 12-quarter trajectory classifier used at the top of the page on each company and names where it sits. What lands a company in each bucket: CONSISTENT — growth stays positive across the window and returns are healthy (ROCE ≥ 15%, or ROE ≥ 12% for lenders); IMPROVING — profit or EPS fell into real decline, bottomed a few quarters back, and has climbed back to positive and held there; TURNING AROUND — the same kind of trough but more recent, with the latest quarters just lifting off it (an early, unconfirmed turn); TOPPING OUT — growth is still positive but decelerating hard from its own peak while returns have stopped rising; DETERIORATING — two or more growth curves are shrinking (latest below zero) and staying there, not one soft quarter; MIXED — the curves genuinely disagree, or no clean majority, so no single word fits; NO READ — fewer than eight usable quarters. It is a like-for-like read of every company against its own past, not a ranking against the group.
CompanyP/EMkt capRevenueEPSROCEStage
Data Patterns (India) Ltd this page104.0×₹25,666 CrTurning around
Hindustan Aeronautics Ltd33.6×₹3.1L CrConsistent
Bharat Electronics Ltd48.8×₹3L CrMixed
Bharat Dynamics Ltd108.0×₹45,564 CrDeteriorating
MTAR Technologies Ltd184.0×₹17,856 CrImproving
Astra Microwave Products Ltd89.2×₹17,217 CrMixed
Zen Technologies Ltd87.9×₹15,970 CrDeteriorating
Azad Engineering Ltd119.0×₹15,751 CrMixed
Aequs Ltd₹15,374 Cr
Apollo Micro Systems Ltd130.0×₹14,652 CrMixed
BEML Ltd101.0×₹14,269 CrMixed
Sigma Advanced System Ltd35.7×₹9,911 CrNo read
Paras Defence and Space Technologies Ltd112.0×₹9,632 CrMixed
Mishra Dhatu Nigam Ltd56.0×₹7,357 CrMixed
Dynamatic Technologies Ltd142.0×₹7,102 CrTurning around
AXISCADES Technologies Ltd86.6×₹6,839 CrMixed
AXISCADES Technologies Ltd82.5×₹6,520 CrTopping out
Avantel Ltd253.0×₹4,344 CrDeteriorating
Ideaforge Technology Ltd₹4,326 CrNo read
Rossell Techsys Ltd164.0×₹3,707 CrNo read
Sika Interplant Systems Ltd68.8×₹2,416 CrMixed
NIBE Ltd414.0×₹2,332 CrTurning around
Jaykay Enterprises Ltd32.1×₹2,152 CrNo read
DCX Systems Ltd₹2,013 CrDeteriorating
Sika Interplant Systems Ltd49.4×₹1,813 CrMixed
Vinyas Innovative Technologies Ltd51.9×₹1,602 CrNo read
12 · Frequently asked questions

Frequently asked questions

What is Data Patterns (India) Ltd's share price today?

Data Patterns (India) Ltd trades at ₹4,086, +48.2% over the past year. The company is valued at ₹25,666 Cr. The stock sits at 72% of its 52-week range of ₹2,183–₹4,822, +17.4% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 21 weeks in. — as of 24 July 2026.

What were Data Patterns (India) Ltd's latest quarterly results?

Data Patterns (India) Ltd reported revenue of ₹345 Cr and net profit of ₹138 Cr for the Mar 26 quarter. Revenue fell 12.9% and profit rose 21.1% year on year. Earnings per share were ₹24.72. The operating margin was 56.0%, 18.0 pp higher than a year earlier. — as of 24 July 2026.

What is Data Patterns (India) Ltd's revenue?

Data Patterns (India) Ltd reported revenue of ₹345 Cr in the Mar 26 quarter, −12.9% year on year. For the full FY26 fiscal year, revenue was ₹925 Cr (+30.6%). Over the last 10 years revenue compounded at 36.2% a year. — as of 24 July 2026.

What is Data Patterns (India) Ltd's profit?

Data Patterns (India) Ltd earned ₹138 Cr of net profit in the Mar 26 quarter, +21.1% year on year — the 3rd straight quarter of growth. Full-year FY26 profit was ₹271 Cr. The operating margin ran 56.0% in the latest quarter. — as of 24 July 2026.

What is Data Patterns (India) Ltd's market cap?

Data Patterns (India) Ltd's market capitalisation is ₹25,666 Cr at a share price of ₹4,086. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.

What is Data Patterns (India) Ltd's P/E ratio?

Data Patterns (India) Ltd trades at a P/E of 104.0×, at the 98th percentile of its own 5-year range, against a long-run median of 72.0×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.

Does Data Patterns (India) Ltd pay a dividend?

Yes — Data Patterns (India) Ltd's dividend payout was 21% of profit in FY26, and it recorded a payout in 10 of its last 13 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.

Is Data Patterns (India) Ltd overvalued?

On its own history, Data Patterns (India) Ltd looks expensive against its own history: its P/E of 104.0× sits at the 98th percentile of its 5-year range (long-run median 72.0×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.

Is Data Patterns (India) Ltd growing?

Yes — Data Patterns (India) Ltd is growing: latest-quarter revenue −12.9% year on year, profit +21.1%, and the margin +18.0 pp at 56.0%. The 10-year compound rates are 36.2% (revenue) and 75.1% (profit). The earnings engine currently reads: improving — as of 24 July 2026.

How is Data Patterns (India) Ltd performing?

Data Patterns (India) Ltd is in a confirmed uptrend, 21 weeks in. Its latest quarter's revenue fell 12.9% and profit rose 21.1% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 1 week. This describes what the data did, not a rating. — as of 24 July 2026.

What stage is Data Patterns (India) Ltd in?

Consistent — revenue, profit and EPS growth have stayed positive through the window, with ROCE at 22.4% and holding. The read comes from the last 12 quarters of growth (revenue growth +30.5% latest, profit growth +22.1% latest, eps growth +22.3% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 24 July 2026.

Is Data Patterns (India) Ltd in an uptrend?

Yes — the price is in a confirmed uptrend (week 21 of stage 2), trading +17.4% versus its 200-day average and at 72% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.

Is Data Patterns (India) Ltd beating the market?

Not lately — on a trailing-13-week view Data Patterns (India) Ltd is currently behind the NIFTY 500 (1 week and counting; last ahead the week of 2026-07-10), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 4.6 years the stock moved +441% against the NIFTY 500's +57% — ahead of the index over the full window. — as of 24 July 2026.

Will Data Patterns (India) Ltd's share price go up?

This page publishes no price forecast for Data Patterns (India) Ltd. What it measures instead: the share price is ₹4,086, the price is in a confirmed uptrend 21 weeks in. Its P/E of 104.0× sits at the 98th percentile of its own 5-year range. — as of 24 July 2026.

Who owns Data Patterns (India) Ltd?

Promoters hold 42.4% of Data Patterns (India) Ltd, foreign institutions 12.5%, domestic institutions 12.0% and the public 33.1% (latest quarter). The biggest move on the register over the last two years: Domestic institutions added 3.5 points over 8 quarters. — as of 24 July 2026.

Does Data Patterns (India) Ltd have too much debt?

No — Data Patterns (India) Ltd's debt-to-equity is 0.00, and operating profit covers the interest bill 31×. FY26 borrowings were ₹5.0 Cr against equity of ₹1,736 Cr. The returns on this page are earned, not borrowed — as of 24 July 2026.

What is Data Patterns (India) Ltd's capex?

Data Patterns (India) Ltd spent ₹274 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹61.0 Cr, with ₹74.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.

What is Data Patterns (India) Ltd's cash flow?

Data Patterns (India) Ltd generated ₹80.0 Cr of operating cash flow in FY26 and ₹19.0 Cr of free cash flow after ₹61.0 Cr of capital spending. Reported profit that year was ₹271 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 24 July 2026.

Is Data Patterns (India) Ltd's profit real cash?

Not fully — over the last 3 fiscal years, 19% of Data Patterns (India) Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹80.0 Cr against reported profit of ₹271 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 24 July 2026.

How financially safe is Data Patterns (India) Ltd?

On the balance sheet, the Z-score reads 49.67 — above roughly 3 is safe, below roughly 1.8 is the distress zone. That sits well clear of trouble. — as of 24 July 2026.

Where is Data Patterns (India) Ltd in its business cycle?

Data Patterns (India) Ltd's FY26 operating margin was 40.0%, against a 13-year band of 16.0%–45.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 56.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.

What could break the Data Patterns (India) Ltd story?

The sharpest disagreement: profits are rising, but only 19% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.

Is Data Patterns (India) Ltd a stock worth studying right now?

This is not investment advice. The machine read: Data Patterns (India) Ltd's price has outrun its earnings. +48.2% in a year against EPS +22.3% — the market is paying now for delivery later. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.

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