Data Patterns (India) Ltd. designs and manufactures radar.

- Strong financial growth: FY2025–26 total revenue reached ₹952.73 crore, compared with ₹754.69 crore in FY2024–25. - Higher profitability: FY2025–26 profit after tax increased to ₹271.37 crore from ₹221.81 crore. - High operating margins: Reported EBITDA was approximately ₹371 crore, with a margin of about 40%. - Defence technology expertise: In-house design and engineering capabilities support specialised, technically complex products. 2. Weaknesses - Long procurement cycles: Government and defence orders can take time to negotiate, approve and execute. - High receivables: Trade receivables increased to ₹728 crore in FY2025–26, requiring monitoring of collections and cash conversion. - Project concentration: Large contracts can cause quarterly revenue to fluctuate with delivery schedules. - Specialised workforce dependence: Engineering and product development require experienced technical staff. 3. Opportunities - Radar and electronic warfare: Modernisation of defence systems can support demand for advanced electronics. - Naval and airborne systems: Opportunities exist in avionics, fire-control systems and naval electronics. - Order pipeline: The company reported ₹1,121 crore of orders secured during FY2025–26 and an additional ₹1,090 crore of negotiated orders awaiting conversion, according to its results release. - Import substitution: Domestic production of specialised defence electronics can reduce reliance on overseas suppliers. 4. Threats - Order delays or cancellations: Defence procurement timelines can shift due to budgetary or administrative changes. - Competition: Other domestic defence manufacturers and established international suppliers compete for contracts. - Technology obsolescence: New radar, sensor and electronic warfare technologies require continuous investment.