Analysis published 16 May 2026

AI-generated · cited to primary sources · not investment advice

Data Pattern (543428) Nov 2025 Filing Analysis

01 · Management Credibility

Does management do what it says?

ExceededOrder Book to Revenue Ratio
80/100

In Q3FY26 alone, the company received order inflows of Rs 2,428 Mn (approx. Rs 243 Cr). Management now expects an additional Rs 500 Cr in the remaining part of the year (Q4), indicating progress toward the H2 target. (1 in progress, 1 exceeded across 2 tracked commitments)

Strong Order Book in Pipeline at Rs 20-30bn over next 18-24 months

Data Pattern · Investor PPT · Nov 2025 · p.8
Defense Export Expansion

Strategic initiative to build a dedicated marketing organization to drive defense exports. (+4 more commitments)

The Transportable Precision Approach Radar, TPAR, exported to European customer has successfully completed client acceptance. We expect some positive traction from international markets.

Data Pattern · Concall Transcript · Nov 2025 · p.3

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03 · Future Growth

Where does growth come from?

DAC Large Order Approvals

Management is signaling a massive acceleration in the order pipeline, expecting INR 2,000 to 3,000 crores in orders over the next 18-24 months. (1 accelerating across 1 signal)

your guidance is close to around INR1,000 crores in second half and INR2,000 crores to INR3,000 crores in 18 to 24 months.

Data Pattern · Concall Transcript · Nov 2025 · p.7

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