What Is the Order?
Data Patterns (India) Limited has officially received a contract valued at approximately ₹585.76 Crore from Bharat Electronics Limited. The project involves the procurement of Radar Electronics, a core competency for the company. The execution of this domestic order will proceed according to the specific timelines established in the underlying contract.
This win represents a major transition of business from the 'negotiated' phase into a confirmed order, reinforcing the company's reliability as a critical subsystem supplier for major defense projects.
Client Profile
- Bharat Electronics Limited is a prominent Indian state-owned aerospace and defense electronics company
- It operates as a prime contractor for the Ministry of Defence, leading large-scale system integrations
- BEL relies on specialized private sector partners like Data Patterns for high-end indigenous electronic solutions
- The relationship emphasizes the growing synergy within India's domestic defense manufacturing ecosystem
Business Impact and Order Book Status
The company previously announced an order book status of ₹2,654 Crore as of July 30, 2026. Since that announcement, Data Patterns has confirmed additional orders totaling ₹771.08 Crore. Within this recent intake, ₹745.93 Crore was previously categorized as negotiated business that had not yet been formally received.
The remaining ₹25.15 Crore represents entirely new orders. This steady conversion of the pipeline into formal contracts provides significant revenue visibility and confirms the company's ability to finalize large-scale defense agreements efficiently.
Financial Context
Data Patterns exhibits strong financial health with a Trendlyne Durability Score of 75 and a Piotroski Score of 8. While the stock trades at a premium with a PE ratio of 98.21, it has outperformed the broader sector with an 84.97 percent annual return. Trailing twelve-month revenue stands at ₹941.47 Crore, supported by consistent annual net profit growth of 22.34 percent.
With institutional holding at 24.48 percent and zero promoter pledges, the company maintains a stable ownership structure as it scales its operations in the high-growth General Industrials sector.
