Data Patterns Share-Fundamental analysis for long term investment?


In this post we will do a Data Patterns share analysis in depth,  all about like their fundamentals, future view, company’s outlook, their financials, shareholding patterns, share forcast etc.  Based on company’s fundamentals and technical analysis, we will try to predict Data Patterns share price target 2023,2024,2025-2030.

data patterns share analysis

About Data Patterns

Data Patterns is a leading player in India’s Defence and Aerospace industry. The Company is respected for its proprietary capabilities: design to manufacture, testing to validation and support for products throughout the life cycle.

Data Patterns is the only Indian company in the Defence and Aerospace sectors to offer complete systems.

 Data Patterns’ core competence covers the entire spectrum of electronics including Processors, Power, RF and Microwave, Embedded Software and Firmware.

Data Patterns has succeeded in building products in high technology domains such as Radars, Electronic Warfare (EW), Communications, Satellite Systems, Video, Control Systems and Navigation, besides others.

 It is one of the few Indian companies offering indigenously developed products catering to the entire spectrum of Defence platforms – space, air, land, and sea.

Company’s Background

 Company was incorporated as Indus Teqsite Private Limited on November 11, 1998, at Bangalore, Karnataka, as a private limited company. The merger with our erstwhile subsidiary, the name of our Company was changed to Data Patterns (India) Private Limited.

Company was converted into a public limited company on August 12, 2021 and the name was changed to Data Patterns (India) Limited.

Data Patterns IPO (Initial Public Offering)

Data Patterns (India) Limited got its equity shares listed on BSE Limited and National Stock Exchange Limited on December 24, 2021, through an Initial Public Offering (IPO).

 The issue size of the IPO was INR 648.22 Crore with INR 300 Crore as fresh allotment of shares and INR 348.22 Crore through an Offer for Sale by the existing shareholders. Primary allotment consisted of INR 60 Crore of private placement and INR 240 Crore through the IPO.

Data Patterns Share Price Target 2023: Technical Analysis

Data Patterns Share Price Target 2023

YearData Patterns Share Price in 2023  
2023₹1265  to  ₹1340
Data Patterns Share Price Target 2023

Company Overview

Company NameData Patterns (India) Ltd  
Chairman and Managing DirectorS. Rangarajan
Market Cap (Cr.)₹ 6,036
52 W High / Low₹ 1,480 / 575
Stock P/E46.4
Book Value₹ 114
P/B (Price to Book Value)10.2
Face Value₹ 2.00
ROCE33.4 %
ROE24.0 %
Dividend Yield 0.30 %
Data is based on Jan 2023

Business Overview:

Key Highlights:

  • Data Patterns’ modern manufacturing facility consists of 2,00,000 square feet factory built on 5.75 acres of land in SIPCOT IT Park in Chennai.
  • Data Patterns is also in the process of acquiring an additional 2.81 acres of adjacent land for further expansion.
  • The Launch Countdown System for ISRO (Sriharikota) was designed and developed for the first time in India by Data Patterns.
  • Data Patterns designed and developed a number of test equipment for the first time in India – Sea King ATE, Laser Guided Bomb Kit Tester, Digital Flight Control Computer, Generic RF ATE, Satellite Bus Management System and Brahmos Missile Checkout Equipment.
  • Data Patterns developed a Data Buoy and Tsunami-Warning System used in the following applications: wind speed and direction, atmospheric pressure; air temperature, humidity and conductivity; sea surface temperature; current speed and direction and wave parameters;

Product Portfolio:

  • Radars, Underwater electronics/communications/other systems, Electronic warfare suite, BrahMos programme, Avionics, small satellites, ATE for defence and aerospace systems, Commercial off the shelf (COTS).

Revenue Mix

  • Data Patterns derives a significant portion (~45-50%) of its total sales from contracts with GoI entities.

Order Book

  • The company has a strong Order book of INR 581.3 cr. as of September 30, 2021.
  • Current order book production contracts were INR 389.82 cr, development contracts were INR 123.35 cr  and Service Contracts INR 68.14 cr.
  • In terms of product categories Radars accounts for INR 362.81 cr, followed by Services with INR 68.44 cr, Avionics at INR 41.02 cr.

On-Going Projects

  • The company is currently engaged in the supply of critical products to several prestigious defence projects in India, including the Light Combat Aircraft (LCA), the HAL Dhruv, Light Utility Helicopter (LUH) and the BrahMos missile programme, precision approach radars and various communications intelligence (COMINT) and electronic intelligence (ELINT) systems

Indian defence electronics market review

  • The Indian defence electronics market size was pegged at $1.88 Billion in 2021 and is anticipated to reach $ 6.99 Billion by 2030. The market grew at a CAGR of 4.5% between 2016 and 2020.
  • Currently, over 60% of the electronic components used in Indian defence equipment are supplied by foreign OEM.
  • The cumulative market opportunity for the defence electronics segment is expected to be approximately $ 39 Billion

Data Patterns Financial Review (Important Points for Investors)

  • Company sales are continuously increasing and from last 3 years compound sales growth is 33%.
  • Company’s operating profit is continuously increasing, from last 2 years company’s operating margin increased from average 20% to 40%.
  • On balance sheet you can check they have good  and that is continuously increasing on march 2022 company total reserves was INR 564 crore which was INR 206 crore in March 2021.
  • Company is almost debt free, On march 2022 have only INR 9 crore of debt, their debt to equity ratio is only 0.02.
  • Till Sep 2022, company’s total fixed asset value was around INR 69 crore.
  • Company’s compound profit growth from last 3 years is 130%, and in last 5 years is 163%, which is very impressive.
  • Company’s return on equity (ROE) is 24%, and from last 3 years ROE is also 24%
  • Till March 2021, company has very low equity (share capital) of only INR 2 crore, but in March 2022 company have increased it to INR 10 crore.
  • Company paying dividend to their shareholders, in march 2021 and March 2022 company’s dividend payout was 20% and 19% respectively.
  • Company’s book value is ₹ 114, and the share price is trading almost 10 times of their book value, little bit higher side, so could buy in a correction.
  • The good thing is company’s share price have corrected from its high around INR 1400 to INR 1000, and currently trading around these level so buying opportunity.
  • Company’s share price is trading above their 200 Dema, that is a good thing.
  • Company’s PEG ratio is 0.28, which is in very comfortable zone.

Data Patterns Share Price Target 2024-2025

Data Patterns Share Price Target 2024

YearData Patterns Share Price in 2024  
2024₹1450  to  ₹1640
Data Patterns Share Price Target 2024

Data Patterns Share Price Target 2025

YearData Patterns Share Price in 2025  
2025₹1960  to  ₹2040
Data Patterns Share Price Target 2025


Company has no subsidiaries.

Data Patterns Shareholding Patterns:

HoldingsYear 2022(Dec)%
Data Patterns Shareholding Patterns

Data Patterns Share Price Target 2030

YearData Patterns Share Price in 2030  
2024₹5100  to  ₹6120
Data Patterns Share Price Target 2030

data pattern share analysis, data patterns share price target 2023, data patterns share price target 2024, data patterns share price target 2025, data patterns  share price target 2030,Conclusion:

Overall , Data Patterns is a company with strong fundamentals, company have no debt, company sells are increasing, they have robust order pipeline and company continuously generating profit, so in coming year we can expect a good growth in the company.

Here is the end of the post Data Patterns share price target 2023, 2024, 2025-2030, hope you got some value, please post your valuable comments below in comment section.

Source: Data Patterns Annual Report and Internet

Disclaimer: On this page all the mentioned entries are based on the date the post was written, these could be change in future.

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