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Data Patterns (India) Limited Earnings Release 2023

Oct 31, 2022

59610_rns_2022-10-31_7a454e43-24f9-4e63-a078-097a21db3633.pdf

Earnings Release

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Date: 31.10.2022

To To Na�onal Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, 25[th] Floor, P.J. Towers, Bandra(E), Dalal Street, Mumbai -400051 Mumbai- 400 001 NSE Symbol- DATAPATTNS Company Code: 543428

Sub: Key Highlights of Data Pa�erns Financial Results

Dear Sir/Madam,

We send herewith a copy of Press Release that is issued by the Company today, in connec�on with the above.

We request you to kindly take the note of the same and oblige.

Thanking You.

For Data Pa�erns (India) Limited

BHASINMANVI Digitally signed by MANVI BHASINDN: C=IN, O=PERSONAL, T=1378, OID.2.5.4.65=f0b27f303e3cc8a6da91f95551bd598964aab888271f2e5d3b2d48d1b2c30046, PostalCode=110085, S=Delhi, SERIALNUMBER=3c0768b9bf1c50ea6ce42f252de7b5cceaf6647f293b0599ec1987d5424166aa, CN=MANVI BHASINReason: I am the author of this documentLocation: your signing location hereDate: 2022-10-31 17:26:11Foxit Reader Version: 10.0.1

Manvi Bhasin

Encl as above

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Press Release

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Data Patterns reports growth of 51% in revenue and 63% in PAT in Q2

Chennai, October 31, 2022: The Board of Directors at Data Patterns (India) Limited (NSE: DATAPATTNS | BSE: 543428), a vertically integrated Defence and Aerospace electronics solutions provider catering to the indigenously developed defence products industry, today approved the limited review financial results for the quarter ended September 30, 2022.

Performance Highlights

Performance Highlights
INR in Cr.
Particulars Q2 – FY23 Q2 – FY22 H1 – FY23 H1 – FY22
Total Income 90.01 59.52 160.09 97.17
Revenue from Operations 88.16 59.22 156.53 96.45
Operational EBIDTA 30.16 20.56 51.38 37.84
Profit Before Tax(PBT) 28.65 16.74 48.05 30.79
Profit After Tax(PAT) 21.05 12.89 35.26 23.22

Q2 (2022 – 2023)

  • Total Revenue for Q2 increased by 51% from Rs. 59.52 Cr in quarter ended September 30, 2021 to Rs. 90.01 Cr in quarter ended September 30, 2022.

  • The Company’s Earnings before Interest, Tax, Depreciation and Amortization (Operational EBIDTA) increased by 47% from INR 20.56 Cr for the quarter ended September 30, 2021 to INR 30.16 Cr in the corresponding quarter ended September 30, 2022

  • Profit Before Tax (PBT) improved by 71% from INR 16.74 Cr in the quarter ended September 30, 2021.to INR 28.65 Cr in the quarter ended September 30, 2022

  • Profit After Tax (PAT) increased by 63% from Rs. 12.89 Cr in the quarter ended September 30, 2021 to Rs. 21.05 Cr in the quarter ended September 30, 2022.

Press Release

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H1 (2022 – 2023)

  • Company’s total Revenue for the half year ended September 30, 2022 was Rs. 160.09 Cr, an increase of 65% over the first half revenue of Rs. 97.17 Cr in FY 2021-22.

  • Operational EBIDTA increased by 36% from INR 37.84 Cr for the quarter ended September 30, 2021 to INR 51.38 Cr in the corresponding quarter ended September 30, 2022.

  • Profit Before Tax (PBT) improved by 56% to Rs. 48.05 Cr for the half year ended September 30, 2022 as compared to INR 30.79 Cr in the corresponding half year ended September 30, 2021.

  • Profit After Tax (PAT) increased by 52% from Rs. 23.22 Cr in the half year ended September 30, 2021 to Rs. 35.26 Cr in the half year ended September 30, 2022.

ORDER BOOK

  • Orders on hand as on date

  • Negotiation completed & yet to receive order

  • INR 883.98 Cr

  • INR 128.13 Cr

  • Including orders negotiated converted into orders, the order book will be INR 1,012 Cr

  • Order book as on April 01, 2022 was Rs. 476.18 Cr

From the CMD’s Desk

Commenting on the company’s performance, Mr. Srinivasagopalan Rangarajan, Chairman & Managing Director, Data Patterns (India) Limited said, ““Data Patterns is uniquely positioned to benefit from the strong sectoral tailwinds given our R&D strength and our manufacturing capabilities. Our current quarterly performance is one of the best in the history of the company and has surpassed our internal targets. We are confident of delivering on our stated guidance of 25%-30% topline growth given our strong and growing order book”.

Press Release

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About Data Patterns

Data Patterns’ core competencies include design and development across electronic hardware, software, firmware, mechanical, product prototype besides its testing, validation and verification. Its involvement has been across Radars, Electronic Warfare Suites, Communications, Avionics, Small Satellites, Automated Test Equipment, COTS and programmes catering to Tejas Light Combat Aircraft, Light Utility Helicopter, BrahMos and other Communication & Electronic Intelligence Systems.

The company works closely with the defence PSUs such as Hindustan Aeronautics Ltd and Bharat Electronics Ltd as well as government organisations involved in defence and space research like DRDO and ISRO.

For further information, kindly contact:

Manvi Bhasin (Company Secretary)
Data Patterns (India) Limited
E-mail: [email protected]
Rashmi Sharma / Vijay Shekhar
Concept PR
M:+91 96771 99365 /+91 97890 52198

DISCLAIMER:

Certain statements that are made in the Press Release may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like significant changes in economic environment in India and overseas, tax laws, inflation, litigation, etc. Actual results might differ substantially from those expressed or implied. Data Patterns (India) Limited will not be in any way responsible for any action taken based on such statements and discussions; and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.