Data Patterns (India) Ltd
DATAPATTNSData Patterns (India) Ltd's price has outrun its earnings. +78.1% in a year against EPS +22.3% — the market is paying now for delivery later.
The sharpest disagreement: the price moved +78.1% in a year while annual EPS moved +22.3% — the difference is re-rating, and re-rating has to be repaid with earnings.
The price is in a confirmed uptrend (29 weeks in) while the P/E sits at the 96th percentile of its own 5-year range. Underneath, the last four quarters read deteriorating — profit −15.4% year on year, and 19% of the last 3 years' profit arrived as cash. What settles it: whether earnings grow into a price that has already moved.
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 ₹4,829, in a confirmed uptrend and 29 weeks into that stage. That is +25.7% against its own 200-day average. It sits at 100% of a 52-week range of ₹2,183 to ₹4,830. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 1 straight week.
Today the stock is in a confirmed uptrend — week 29 of stage 2, confirmed. At ₹4,829 it trades +25.7% versus its 200-day average and sits at 100% of its 52-week range (₹2,183–₹4,830).
Against the market, two honest reads. Cumulative: over the last 4.7 years the stock moved +540% while the NIFTY 500 moved +54% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 1 straight week — 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.
Story check
Data Patterns (India) Ltd's story is not scored yet against the markers our research file set on 17 May 2026. Where it sits in its own cycle: EXPANDING_MID_STAGE. Still open: Three consecutive quarters of missed conversion timelines; Rs 1,090 Cr 'expected in 1-2 months' as of May 2026 — same language used in Feb 2026 and Nov 2025.
Our read, 17 May 2026. A defence-electronics compounder with multi-decade programme locks — but management has consistently over-promised timelines, and the order book is real while the conversion dates are not.
From the numbers. PE cycle at 89th percentile — AT_PEAK classification from pe_pb_expansion_snapshots. EPS trajectory is accelerating (Q4 FY26 EPS 24.72 vs Q1 FY26 4.55). DII buying active. FII ownership grew from 5% to 11.4% over 6…
From the price. Price stage 2, week 29 — above its 200-day line, relative strength rising.
From the research. A defence-electronics compounder with multi-decade programme locks — but management has consistently over-promised timelines, and the order book is real while the conversion dates are not.
🚨 Where they disagree. PE cycle at 89th percentile — AT_PEAK classification from pe_pb_expansion_snapshots. EPS trajectory is accelerating (Q4 FY26 EPS 24.72 vs Q1 FY26 4.55). DII buying active. FII ownership grew from 5% to 11.4% over 6 quarters — sustained institutional accumulation. The cycle_is_first_expansion flag is true — no prior peak-trough cycle on record. Premium multiple is supported by the structural franchise but leaves zero margin for execution error.
What is proven. A defence-electronics compounder with multi-decade programme locks — but management has consistently over-promised timelines, and the order book is real while the conversion dates are not.
What is not proven yet. Three consecutive quarters of missed conversion timelines; Rs 1,090 Cr 'expected in 1-2 months' as of May 2026 — same language used in Feb 2026 and Nov 2025.
The test written in advance. Repeated Management Timeline Miss on Negotiated Order Conversion — Repeated Management Timeline Miss on Negotiated Order Conversion Q1 FY27 concall: formal signed order book exceeds Rs 1,600 Cr by the next result.
The test written in advance. Working Capital Creep — Target Silently Revised Upward — Working Capital Creep — Target Silently Revised Upward Q1 FY27 working capital days vs 320-340 target; any further upward revision by the next result.
The test written in advance. Revenue Lumpiness — Q4 to Q1 De-rating Risk — Revenue Lumpiness — Q4 to Q1 De-rating Risk Q1 FY27 revenue relative to implied run-rate for 20-25% FY27 growth (Rs 270-290 Cr/Q) by the next result.
What the company does. FY26 closed with revenue +31% (Rs 925 Cr), EBITDA margin expanding from 35% to 40%, PAT +22% — structural margin recovery fully delivered after Q2 FY26 anomaly. Order book surged 216% YoY to Rs 2,062 Cr (including Rs 1,090 Cr negotiated) — 2-3 years of revenue visibility, but management has missed three consecutive negotiated-order conversion timelines by 1-2 quarters. At PE 79x / 89th percentile of cycle, every delay in order-to-revenue conversion extends the premium valuation window — execution timing, not business quality, is the risk.
| Dial | Now | Was | Why it matters | Watch line |
|---|---|---|---|---|
| Order Book Surge — Multi-Year Revenue… | HIGH | — | Order inflows +216% YoY to Rs 1,121 Cr in FY26; order book at Rs 2,062 Cr provides 2-3 years of visibility — all single-tender… | Q1 FY27 concall: formal signed order book exceeds Rs 1,600 Cr |
| Operating Leverage on IP-Heavy Mix | HIGH | — | EBITDA margin 40% FY26 vs 35% FY25; Q4 FY26 hit 56% — in-house IP systems with zero bought-out dependency drive structurally… | Q1 FY27 concall: formal signed order book exceeds Rs 1,600 Cr |
| BrahMos Seeker Series Production | HIGH | — | BrahMos seeker development complete; production orders forecast 4-5 months ahead with customer mid-FY27 delivery requirement… | Q1 FY27 concall: formal signed order book exceeds Rs 1,600 Cr |
| Export Expansion — European / Global OEM… | MEDIUM | — | Export order book Rs 53 Cr; TPAR precision approach radar exported to European customer; global OEM contracts expected within… | Q1 FY27 concall: formal signed order book exceeds Rs 1,600 Cr |
| EW Self-Protection Jammer Pod + Anti-Drone… | MEDIUM_HIGH | — | EW jammer pod advancing toward IAF flight testing; anti-drone systems demonstrated to Army and Air Force; Rs 7,400 Cr MoD EW… | Q1 FY27 concall: formal signed order book exceeds Rs 1,600 Cr |
| India Defence Indigenisation Mandate (PIL… | HIGH | — | India's positive indigenisation list restricts 300+ defence imports — structurally advantages qualified incumbents like Data… | Q1 FY27 concall: formal signed order book exceeds Rs 1,600 Cr |
Lever 6 · Order-book wins — BUILDING. Order inflows +216% YoY to Rs 1,121 Cr in FY26; order book at Rs 2,062 Cr provides 2-3 years of visibility — all single-tender or already-negotiated production work. What proves it keeps working: Order Book Surge — Multi-Year Revenue Visibility. It stops working if Q1 FY27 concall: formal signed order book exceeds Rs 1,600 Cr.
Lever 12 · New product launch — BUILDING. EBITDA margin 40% FY26 vs 35% FY25; Q4 FY26 hit 56% — in-house IP systems with zero bought-out dependency drive structurally superior margins when they land. What proves it keeps working: Operating Leverage on IP-Heavy Mix. It stops working if Q1 FY27 concall: formal signed order book exceeds Rs 1,600 Cr.
Lever 1 · Operating leverage — BUILDING. BrahMos seeker development complete; production orders forecast 4-5 months ahead with customer mid-FY27 delivery requirement — but this milestone has been '1-2 months away' since August 2025. What proves it keeps working: BrahMos Seeker Series Production. It stops working if Q1 FY27 concall: formal signed order book exceeds Rs 1,600 Cr.
Lever 10 · New geographies — BUILDING. Export order book Rs 53 Cr; TPAR precision approach radar exported to European customer; global OEM contracts expected within 3-4 months for development phase. What proves it keeps working: Export Expansion — European / Global OEM Partnerships. It stops working if Q1 FY27 concall: formal signed order book exceeds Rs 1,600 Cr.
Sources: our stock research file (17 May 2026) · quarterly results through Jun 26 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Data Patterns (India) Ltd reported ₹116 Cr of revenue in the Jun 26 quarter, +17.2% 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 ₹941 Cr.
Why this happened. The FY26 order book surge is the central thesis. Rs 1,121 Cr of FY26 inflows (radars, avionics, EW, communication systems) versus Rs 522 Cr the prior year. As of March 31 2026, the order book including negotiated orders stood at Rs 2,062 Cr. Additionally, management identifies Rs 1,900 Cr in repeat-order pipeline for FY27 from already-delivered customer-accepted systems — these are single-tender production orders with lower execution uncertainty than development work. The key risk is timing: management has missed three consecutive quarterly milestones on negotiated order conversion.
FY26 revenue came in at ₹925 Cr (+30.6% on the year), capping 10 years at 36.2% compound. The latest quarter (Jun 26) printed ₹116 Cr, +17.2% year on year.
Pace check: the last four quarters averaged +72.4% 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 +33.9% over the last 4 quarters against +32.7%/yr over the last 8 — stabilising; TTM profit +24.2% vs +18.9%/yr — accelerating.
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 27.0% in the Jun 26 quarter, −5.0 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 sits inside that band.
Why this happened. The BrahMos seeker is the highest-profile single catalyst. Development is complete, flight testing done. Management in May 2026 said production orders are 4-5 months ahead given customer's mid-FY27 delivery requirement. However, this is the fourth consecutive call in which production orders are described as imminent: August 2025 (1-2 months), November 2025 (negotiations complete, contract has to come), February 2026 (deliveries in 1-2 months ahead of schedule), May 2026 (4-5 months from development completion). When it lands, it is expected to be a large recurring production order with monthly deliveries — hence HIGH magnitude. Until it converts, it is a watch item not a driver.
The latest quarter's operating margin is 27.0%, −5.0 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 −5.3 pp year on year while gross margin went −0.9 pp — the loss came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.
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 ₹22.0 Cr of net profit in the Jun 26 quarter, −15.4% year on year. Full-year FY26 profit was ₹271 Cr. The 10-year compound rate is 75.1%. That is 19.0% of the quarter's revenue. The same quarter a year earlier earned ₹26.0 Cr.
Jun 26 profit was ₹22.0 Cr, −15.4% year on year. On the full year, FY26 printed ₹271 Cr (+22.1%), and the 10-year compound rate is 75.1%.
🚨 Why profit moved: revenue contributed +17.2% and the margin −5.0 pp — the quarter was revenue-led despite a thinner margin.
Pace comparison, last four quarters: profit +24.5% vs revenue +72.4%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.
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.
🚨 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.
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.
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.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
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 +7.8 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: 19.8% − 12.0% = a +7.8 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.
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.
Why this happened. Electronic warfare is a multi-year structural opportunity. Data Patterns has the RWR component from the Rs 7,400 Cr MoD jammer tender and is developing the full jammer pod. Anti-drone systems (detection, spoofing, jamming) are in advanced development with Army and Air Force demonstrations completed. These are not near-term revenue drivers but establish the product portfolio for the next 2-3 year contract cycle.
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.
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.
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 is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
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 100.0× P/E, at the pricey end of its own range (96th percentile). Its long-run median P/E is 72.4×, measured across 4.7 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 100.0× is at the pricey end of its own range (96th percentile), against a long-run median of 72.4× measured over 4.7 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
🚨 Why the multiple sits where it does: over the past year annual EPS moved +22.3% against a +78.1% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 3y, of the +30.8%/yr price move, ~+24.6%/yr came from earnings growth and ~+6.2 pp from the multiple (expanding). 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.
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.
Why it matters: steady curves with healthy returns are the compounding setup — the risk is the price, not the business.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| 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 | +78.1% | +30.8% | — | — |
4-Factor Sector Score
58.3/100 — rank 8 of 25 in Aerospace & Defence - Equipments · 100% evidence confidence
Data Patterns (India) Ltd scores 58.3 out of 100 against the 25 companies it is compared with in Aerospace & Defence - Equipments, ranking 8. Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
The four contributions add to the total exactly: 22.8 + 19.8 + 3 + 12.7 = 58.3. 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.
Said versus delivered
What Data Patterns (India) Ltd's management promised, set against what actually arrived — 4 tracked promises on the record. Read straight from the company’s own earnings calls. A promise that slipped stays on this page after it is met.
🚨 Negotiated Order Conversion Timeline Slipped · 31 July 2026. In Nov 2025, management said negotiated contracts should arrive within 2 to 3 months, and in Feb 2026 it narrowed the expectation to 1 to 2 months because only documentation remained. In Jul 2026, management said a key program had already taken an additional six months and was extended by another two months, materially revising the conversion timeline; although the delay was attributed to program approvals, this is a significant change for order-book and inflow assumptions.
BrahMos Seeker Timeline Reversed · 31 July 2026. In Feb 2026, management stated that the seeker trials were complete and that delivery was imminent, with production orders expected thereafter. In Jul 2026, management described the first quantities as still going for quality testing and flight trials, indicating a material backward shift from near-production readiness; management acknowledged delays but did not fully reconcile the change in status.
🚨 Working Capital Long-Term Target Significantly Revised Upward · 15 May 2026. In both the Nov 2025 and Feb 2026 calls, management explicitly guided investors to a long-term steady-state cash conversion cycle of 270 to 300 days over a three-to-five-year horizon, with the Nov 2025 call suggesting the figure could fall even further below 270 days. Without any explanation, the May 2026 call replaced this target with a materially higher range of 320 to 340 days, raising the forward baseline by 20 to 70 days versus all prior guidance and directly impacting cash flow and return-on-capital projections.
🚨 FY26 Order Inflows Fell Well Short of Management-Confirmed Threshold · 15 May 2026. In the Nov 2025 call, when an analyst asked directly whether management was confident in FY26 order inflows crossing the INR1,500 crore mark, management gave an unambiguous affirmative and added it expected even more contracts in the coming months. Full-year FY26 formal order inflows reported in the May 2026 call came in at 1,121 crores, approximately 25% below that threshold, and no explanation was offered on the May 2026 call for the shortfall.
Every quote above is taken word for word from the company’s own earnings calls.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Sigma Advanced System LtdSIGMAADV | 77.9/100Favorable setup82% evidence | LEADER | 28.4/35 Revenue 100% · PAT 20.3% · OPM change 307 pp 95% evidence | 17.2/25 ROCE 60.8% · OPM 16% 76% evidence | 12.5/20 P/E 95.1× · PEG — 50% evidence | 19.8/20 RS sector 113.1% · RS bench 161.3% · 1Y 481.8%12 of 12 weeks ahead 100% evidence |
| Exact sum: 28.4 + 17.2 + 12.5 + 19.8 = 77.9 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 2Paras Defence and Space Technologies LtdPARAS | 70.7/100Favorable setup82% evidence | LEADER | 25.8/35 Revenue 36.6% · PAT 54.8% · OPM change 2 pp 95% evidence | 17.1/25 ROCE 17.2% · OPM 25% 76% evidence | 9.0/20 P/E 125× · PEG — 50% evidence | 18.8/20 RS sector 29.1% · RS bench 66.5% · 1Y 117.2%12 of 12 weeks ahead 100% evidence |
| Exact sum: 25.8 + 17.1 + 9 + 18.8 = 70.7 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 3MTAR Technologies LtdMTARTECH | 67.2/100Favorable setup90% evidence | TURNING | 30.4/35 Revenue 53.5% · PAT 100% · OPM change 6 pp 100% evidence | 15.3/25 ROCE 15.1% · OPM 24% 100% evidence | 8.0/20 P/E 165× · PEG — 50% evidence | 13.5/20 RS sector 29.8% · RS bench 63% · 1Y 419.4%5 of 12 weeks ahead 100% evidence |
| Exact sum: 30.4 + 15.3 + 8 + 13.5 = 67.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4Azad Engineering LtdAZAD | 64.0/100Mixed-positive evidence93% evidence | LEADER | 24.2/35 Revenue 29% · PAT 41.4% · OPM change 1 pp 100% evidence | 12.8/25 ROCE 11.9% · OPM 37% 100% evidence | 8.2/20 P/E 132× · PEG 2.29 65% evidence | 18.8/20 RS sector 15.1% · RS bench 50.7% · 1Y 80.6%10 of 12 weeks ahead 100% evidence |
| Exact sum: 24.2 + 12.8 + 8.2 + 18.8 = 64 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5Rossell Techsys LtdROSSTECH | 62.9/100Mixed-positive evidence83% evidence | BREAKING OUT | 28.8/35 Revenue 82.9% · PAT 68.8% · OPM change 1.8 pp 100% evidence | 8.0/25 ROCE 11.5% · OPM 14.4% 100% evidence | 8.9/20 P/E 173× · PEG — 15% evidence | 17.2/20 RS sector 13.1% · RS bench 48.2% · 1Y 69.8%8 of 12 weeks ahead 100% evidence |
| Exact sum: 28.8 + 8 + 8.9 + 17.2 = 62.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 6Sika Interplant Systems LtdSIKA | 62.4/100Mixed-positive evidence94% evidence | BREAKING OUT | 19.1/35 Revenue 0.5% · PAT 9.8% · OPM change 1.1 pp 100% evidence | 21.9/25 ROCE 34.6% · OPM 19.5% 100% evidence | 13.0/20 P/E 66.4× · PEG 1.01 100% evidence | 8.4/20 RS sector -10.2% · RS bench 7.8% · 1Y -4.3%8 of 9 weeks ahead 70% evidence |
| Exact sum: 19.1 + 21.9 + 13 + 8.4 = 62.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 7Vinyas Innovative Technologies LtdVINYAS | 60.0/100Thin evidence · provisional57% evidence | BREAKING OUT | 21.7/35 Revenue 65% · PAT 100% · OPM change 3 pp 48% evidence | 19.0/25 ROCE 21.4% · OPM 13% 95% evidence | 10.8/20 P/E 63.1× · PEG — 15% evidence | 8.5/20 RS sector -17.6% · RS bench 31.3% · 1Y 24.9%11 of 11 weeks ahead 70% evidence |
| Exact sum: 21.7 + 19 + 10.8 + 8.5 = 60 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 8Data Patterns (India) Ltdthis pageDATAPATTNS | 58.3/100Mixed-positive evidence100% evidence | LEADER | 22.8/35 Revenue 33.9% · PAT 24.2% · OPM change -5 pp 100% evidence | 19.8/25 ROCE 21.9% · OPM 27% 100% evidence | 3.0/20 P/E 100× · PEG 3.94 100% evidence | 12.7/20 RS sector 7.7% · RS bench 40.5% · 1Y 95%10 of 12 weeks ahead 100% evidence |
| Exact sum: 22.8 + 19.8 + 3 + 12.7 = 58.3 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 9Jaykay Enterprises LtdJAYKAY | 54.3/100Mixed-positive evidence74% evidence | ASLEEP | 29.0/35 Revenue 100% · PAT 100% · OPM change 1.8 pp 95% evidence | 8.1/25 ROCE 8.2% · OPM 14.2% 95% evidence | 11.1/20 P/E 61.2× · PEG — 15% evidence | 6.1/20 RS sector -20.9% · RS bench 1.6% · 1Y 13.3%1 of 10 weeks ahead 70% evidence |
| Exact sum: 29 + 8.1 + 11.1 + 6.1 = 54.3 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -20.9% and the one-year return is 13.3%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 10Astra Microwave Products LtdASTRAMICRO | 53.5/100Mixed-positive evidence100% evidence | LEADER | 16.0/35 Revenue 3.9% · PAT 17.4% · OPM change -1 pp 100% evidence | 17.7/25 ROCE 20.3% · OPM 19% 100% evidence | 4.8/20 P/E 84.4× · PEG 3.3 100% evidence | 15.0/20 RS sector 7.8% · RS bench 39.8% · 1Y 66.6%12 of 12 weeks ahead 100% evidence |
| Exact sum: 16 + 17.7 + 4.8 + 15 = 53.5 · Decision use: Price leads the evidence: RS versus the benchmark is 39.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 11Hindustan Aeronautics LtdHAL | 52.3/100Mixed-positive evidence100% evidence | BREAKING OUT | 13.9/35 Revenue 7.4% · PAT 12.2% · OPM change 1 pp 100% evidence | 20.4/25 ROCE 32% · OPM 28% 100% evidence | 8.2/20 P/E 35.2× · PEG 3.54 100% evidence | 9.8/20 RS sector -17.1% · RS bench 11.6% · 1Y 11.4%8 of 12 weeks ahead 100% evidence |
| Exact sum: 13.9 + 20.4 + 8.2 + 9.8 = 52.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 12Apollo Micro Systems LtdAPOLLO | 51.8/100Mixed-positive evidence100% evidence | FADING | 19.6/35 Revenue 68.8% · PAT 74.2% · OPM change -10 pp 100% evidence | 13.4/25 ROCE 14.5% · OPM 21% 100% evidence | 7.2/20 P/E 129× · PEG 1.6 100% evidence | 11.6/20 RS sector 6.4% · RS bench 38.8% · 1Y 38.6%8 of 12 weeks ahead 100% evidence |
| Exact sum: 19.6 + 13.4 + 7.2 + 11.6 = 51.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 13Dynamatic Technologies LtdDYNAMATECH | 48.5/100Mixed-negative evidence83% evidence | TURNING | 18.3/35 Revenue 17.3% · PAT 0% · OPM change 3 pp 100% evidence | 9.3/25 ROCE 10.2% · OPM 13% 100% evidence | 9.2/20 P/E 140× · PEG — 15% evidence | 11.7/20 RS sector -6.1% · RS bench 25% · 1Y 82.9%3 of 12 weeks ahead 100% evidence |
| Exact sum: 18.3 + 9.3 + 9.2 + 11.7 = 48.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 14Mishra Dhatu Nigam LtdMIDHANI | 45.5/100Mixed-negative evidence100% evidence | TURNING | 16.6/35 Revenue 18.2% · PAT 13.4% · OPM change -5 pp 100% evidence | 11.5/25 ROCE 11.3% · OPM 15% 100% evidence | 7.5/20 P/E 62.1× · PEG 5.62 100% evidence | 9.9/20 RS sector -9.5% · RS bench 20.5% · 1Y 18.7%4 of 12 weeks ahead 100% evidence |
| Exact sum: 16.6 + 11.5 + 7.5 + 9.9 = 45.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 15Bharat Electronics LtdBEL | 45.0/100Mixed-negative evidence100% evidence | TURNING | 14.7/35 Revenue 19.8% · PAT 11.8% · OPM change -3 pp 100% evidence | 19.3/25 ROCE 36.4% · OPM 25% 100% evidence | 7.5/20 P/E 48.1× · PEG 3.54 100% evidence | 3.5/20 RS sector -27.8% · RS bench -2.2% · 1Y 9%0 of 12 weeks ahead 100% evidence |
| Exact sum: 14.7 + 19.3 + 7.5 + 3.5 = 45 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 16Ideaforge Technology LtdIDEAFORGE | 44.5/100Mixed-negative evidence74% evidence | ASLEEP | 26.7/35 Revenue 100% · PAT 100% · OPM change 152.7 pp 74% evidence | 1.3/25 ROCE -2.8% · OPM 3.4% 100% evidence | 8.5/20 P/E 928× · PEG — 15% evidence | 8.0/20 RS sector -3.5% · RS bench 24.1% · 1Y 44.1%7 of 12 weeks ahead 100% evidence |
| Exact sum: 26.7 + 1.3 + 8.5 + 8 = 44.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 17High Energy Batteries (India) Ltd504176 | 43.3/100Mixed-negative evidence67% evidence | TURNING | 6.7/35 Revenue 1.5% · PAT -3.5% · OPM change -32.1 pp 95% evidence | 14.2/25 ROCE 20.4% · OPM -26.5% 76% evidence | 12.3/20 P/E 38.9× · PEG — 50% evidence | 10.1/20 RS sector — · RS bench 4.7% · 1Y —4 of 4 weeks ahead 25% evidence |
| Exact sum: 6.7 + 14.2 + 12.3 + 10.1 = 43.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 18Zen Technologies LtdZENTEC | 41.4/100Mixed-negative evidence69% evidence | FADING | 5.1/35 Revenue -23.4% · PAT -27.8% · OPM change -14 pp 95% evidence | 16.7/25 ROCE 16.2% · OPM 27% 76% evidence | 10.2/20 P/E 85.6× · PEG — 15% evidence | 9.4/20 RS sector -6.6% · RS bench 13.1% · 1Y 16.5%5 of 10 weeks ahead 70% evidence |
| Exact sum: 5.1 + 16.7 + 10.2 + 9.4 = 41.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 19BEML LtdBEML | 40.5/100Mixed-negative evidence91% evidence | BREAKING OUT | 15.9/35 Revenue 12.8% · PAT -40.1% · OPM change 8.2 pp 74% evidence | 3.5/25 ROCE 7.7% · OPM 0.2% 100% evidence | 10.7/20 P/E 94.4× · PEG 1.18 100% evidence | 10.4/20 RS sector -17% · RS bench 12% · 1Y -0.9%6 of 12 weeks ahead 100% evidence |
| Exact sum: 15.9 + 3.5 + 10.7 + 10.4 = 40.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 20Bharat Dynamics LtdBDL | 35.2/100Mixed-negative evidence93% evidence | TURNING | 12.1/35 Revenue -18.7% · PAT -7.1% · OPM change 33 pp 100% evidence | 13.3/25 ROCE 13.8% · OPM 15% 100% evidence | 5.9/20 P/E 83.8× · PEG 4.44 65% evidence | 3.9/20 RS sector -35.7% · RS bench -12.4% · 1Y -17.6%2 of 12 weeks ahead 100% evidence |
| Exact sum: 12.1 + 13.3 + 5.9 + 3.9 = 35.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 21AXISCADES Technologies LtdAXISCADES | 33.1/100Adverse evidence93% evidence | ASLEEP | 11.9/35 Revenue 3.5% · PAT -55% · OPM change -2.3 pp 100% evidence | 3.9/25 ROCE 3.6% · OPM 4.7% 100% evidence | 10.9/20 P/E 238× · PEG 1.39 65% evidence | 6.4/20 RS sector -12% · RS bench 17% · 1Y 27.5%0 of 12 weeks ahead 100% evidence |
| Exact sum: 11.9 + 3.9 + 10.9 + 6.4 = 33.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 22Avantel LtdAVANTEL | 32.1/100Adverse evidence83% evidence | ASLEEP | 9.9/35 Revenue -3.2% · PAT -67.2% · OPM change 4.6 pp 100% evidence | 10.2/25 ROCE 9.6% · OPM 24.8% 100% evidence | 8.6/20 P/E 242× · PEG — 15% evidence | 3.4/20 RS sector -26.5% · RS bench -1.1% · 1Y -11.6%4 of 12 weeks ahead 100% evidence |
| Exact sum: 9.9 + 10.2 + 8.6 + 3.4 = 32.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 23NIBE LtdNIBE | 24.1/100Adverse evidence66% evidence | FADING | 3.0/35 Revenue -5.2% · PAT -80% · OPM change -24 pp 95% evidence | 5.4/25 ROCE 4.8% · OPM -15% 76% evidence | 10.0/20 P/E — · PEG — 0% evidence | 5.7/20 RS sector -29.8% · RS bench 4.7% · 1Y 7.1%7 of 11 weeks ahead 70% evidence |
| Exact sum: 3 + 5.4 + 10 + 5.7 = 24.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 24DCX Systems LtdDCXINDIA | 24.0/100Adverse evidence71% evidence | BASING | 5.9/35 Revenue -46.5% · PAT -80% · OPM change -10.9 pp 95% evidence | 4.2/25 ROCE 0.9% · OPM -10.4% 95% evidence | 10.0/20 P/E — · PEG — 0% evidence | 3.9/20 RS sector -27.1% · RS bench -12.3% · 1Y -37.9%1 of 10 weeks ahead 70% evidence |
| Exact sum: 5.9 + 4.2 + 10 + 3.9 = 24 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 25Aequs LtdAEQUS | 39.1/100Thin evidence · provisional35% evidence | BREAKING OUT | 14.9/35 Revenue — · PAT — · OPM change -7.3 pp 45% evidence | 4.2/25 ROCE 1.7% · OPM 3.7% 76% evidence | 10.0/20 P/E — · PEG — 0% evidence | 10.0/20 RS sector — · RS bench — · 1Y —12 of 12 weeks ahead 0% evidence |
| Exact sum: 14.9 + 4.2 + 10 + 10 = 39.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Data Patterns (India) Ltd's share price today?
Data Patterns (India) Ltd trades at ₹4,829, +78.1% over the past year. The company is valued at ₹27,036 Cr. The stock sits at the very top of its 52-week range (₹2,183–₹4,830), +25.7% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 29 weeks in. — as of 11 September 2026.
What were Data Patterns (India) Ltd's latest quarterly results?
Data Patterns (India) Ltd reported revenue of ₹116 Cr and net profit of ₹22.0 Cr for the Jun 26 quarter. Revenue rose 17.2% and profit fell 15.4% year on year. Earnings per share were ₹3.94. The operating margin was 27.0%, 5.0 pp lower than a year earlier. — as of 11 September 2026.
What is Data Patterns (India) Ltd's revenue?
Data Patterns (India) Ltd reported revenue of ₹116 Cr in the Jun 26 quarter, +17.2% 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 11 September 2026.
What is Data Patterns (India) Ltd's profit?
Data Patterns (India) Ltd earned ₹22.0 Cr of net profit in the Jun 26 quarter, −15.4% year on year. Full-year FY26 profit was ₹271 Cr. The operating margin ran 27.0% in the latest quarter. — as of 11 September 2026.
What is Data Patterns (India) Ltd's market cap?
Data Patterns (India) Ltd's market capitalisation is ₹27,036 Cr at a share price of ₹4,829. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 11 September 2026.
What is Data Patterns (India) Ltd's P/E ratio?
Data Patterns (India) Ltd trades at a P/E of 100.0×, at the 96th percentile of its own 5-year range, against a long-run median of 72.4×. This is a comparison with the stock's own history, not a value call — as of 11 September 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 11 September 2026.
Is Data Patterns (India) Ltd overvalued?
On its own history, Data Patterns (India) Ltd looks expensive: its P/E of 100.0× sits at the 96th percentile of its 5-year range (long-run median 72.4×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 11 September 2026.
Is Data Patterns (India) Ltd growing?
Not right now — Data Patterns (India) Ltd's latest numbers are shrinking: latest-quarter revenue +17.2% year on year, profit −15.4%, and the margin −5.0 pp at 27.0%. The 10-year compound rates are 36.2% (revenue) and 75.1% (profit). The earnings engine currently reads: deteriorating — as of 11 September 2026.
How is Data Patterns (India) Ltd performing?
Data Patterns (India) Ltd is in a confirmed uptrend, 29 weeks in. Its latest quarter's revenue rose 17.2% and profit fell 15.4% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 1 week. This describes what the data did, not a rating. — as of 11 September 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 +33.9% latest, profit growth +24.2% latest, eps growth +24.9% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 11 September 2026.
Is Data Patterns (India) Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 29 of stage 2), trading +25.7% versus its 200-day average and at the very top 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 11 September 2026.
Is Data Patterns (India) Ltd beating the market?
On recent form, yes — Data Patterns (India) Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 1 straight week, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 4.7 years the stock moved +540% against the NIFTY 500's +54% — ahead of the index over the full window. — as of 11 September 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 ₹4,829, the price is in a confirmed uptrend 29 weeks in. Its P/E of 100.0× sits at the 96th percentile of its own 5-year range. — as of 11 September 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 11 September 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 11 September 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 11 September 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 11 September 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 11 September 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 27.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 11 September 2026.
What could break the Data Patterns (India) Ltd story?
The sharpest disagreement: the price moved +78.1% in a year while annual EPS moved +22.3% — the difference is re-rating, and re-rating has to be repaid with earnings. 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 11 September 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. +78.1% in a year against EPS +22.3% — the market is paying now for delivery later. The sharpest open question: whether earnings grow into a price that has already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 11 September 2026.
Not SEBI Registered !! Not Investment advice !!