Shares of Data Patterns tumbled 4.85% on the National Stock Exchange after the defence electronics supplier posted a 55.6% drop in second-quarter net profit.
Earnings collapsed to ₹21.97 crore for the quarter ended September, down from ₹49.19 crore in the corresponding period last year. Operational revenue fell 56.7% to ₹133.25 crore against ₹307.46 crore a year earlier. Total income stood at ₹141.44 crore, down from ₹313.40 crore. The stock shed ₹192.20 to close at ₹3,767.70 on the NSE as institutional desks unloaded shares across the afternoon session.
Earnings before interest, tax, depreciation, and amortisation dropped 54.2% year-on-year to ₹31.44 crore from ₹68.48 crore. Yet operating profitability held up. EBITDA margins expanded 132 basis points to 23.59% compared with 22.27% a year ago, reflecting disciplined cost controls despite depleted throughput. Profit before tax settled at ₹29.52 crore against ₹66.36 crore. During the quarter, Data Patterns also completed a ₹1.50 crore buyout of ST Advanced Composites Pvt Ltd, taking 100% control on September 17.
| Financial Metric | Q2 FY27 | Q2 FY26 | YoY Change |
|---|---|---|---|
| Revenue from Operations | ₹133.25 Cr | ₹307.46 Cr | -56.7% |
| Total Income | ₹141.44 Cr | ₹313.40 Cr | -54.9% |
| Operational EBITDA | ₹31.44 Cr | ₹68.48 Cr | -54.2% |
| EBITDA Margin | 23.59% | 22.27% | +132 bps |
| Net Profit (PAT) | ₹21.97 Cr | ₹49.19 Cr | -55.6% |
Fresh contract wins told an entirely different story.
Capital commitments poured into the company at three times last year's pace. Data Patterns secured ₹929 crore in new orders during the second quarter alone, lifting first-half order inflows to ₹1,046 crore. The company's total order pipeline reached ₹2,697.83 crore by late September—nearly tripling the ₹926.48 crore order book recorded on April 1, 2026. The current tally includes ₹1,742.07 crore in active order-book contracts alongside ₹955.76 crore in completed commercial negotiations pending final paperwork.
For the six months ended September, total income slipped 37.4% to ₹264.78 crore while half-year net profit dropped to ₹44.03 crore from ₹74.69 crore. Chairman and Managing Director Srinivasagopalan Rangarajan attributed the revenue decline to an unusually steep execution baseline in the prior fiscal year.
Rangarajan confirmed that the company is bidding for larger complete-system defence contracts spanning radar systems, electronic warfare gear, and avionics communications. Production milestones are scheduled to bunch heavily into the second half of the fiscal year. Management maintained its full-year FY27 financial guidance unchanged, stating that delivery dispatch schedules will make the second half of the fiscal year substantially stronger than the first.