Data Patterns (India) Limited (DATAPATTNS) Q2 Results FY27 Preview: Date, Time, Expectations & Key Things To Watch

Data Patterns (India) Limited is a Chennai-based defence and aerospace electronics company that builds radars, electronic warfare systems, avionics and test equipment for MOD, DRDO, DPSUs and international clients. The Q2 print will speak to whether customer-approval delays that held Q1 revenue growth to +16.81% have normalised, and how the company bridges from a 27.0% EBITDA margin in Q1 toward its guided 35-40% band for FY27.

Data Patterns (India) Limited Q2 Results Date and Time

The board of Data Patterns (India) Limited meets on November 06, 2026 to approve the Q2/H1 FY27 financial results.

The earnings call for Q2/H1 FY27 is scheduled for November 09, 2026 at 11:00 AM IST, hosted by Go India Advisors. Participants include CMD Srinivasagopalan Rangarajan, Whole-time Director Rekha Murthy Rangarajan and CFO Venkata Subramanian.

What to expect from Data Patterns (India) Limited's Q2 FY27 results

The quarter is a test of whether the 'temporary delays in customer approvals' that held Q1 FY27 revenue growth to +16.81% YoY — below the guided 20-25% band — normalised during July-September 2026.

The demand backdrop has been strong: the Defence Acquisition Council cleared acquisitions worth Rs. 1.10 lakh crore on September 7, 2026 (including Arudhra Radars for the Navy and a Ground-Based Multi-Purpose Jammer for the IAF) and a further Rs. 2.12 lakh crore on October 26, 2026, with radar and jammer content directly adjacent to Data Patterns' product set.

On margins, the company must bridge from Q1's 27.0% EBITDA margin to its 35-40% FY27 guidance, and the YoY comparison is favourable since Q2 FY26's 22% margin contained a low-margin strategic contract of around Rs. 180 Crs; however, electronic-component input costs were rising through the window, with low-bromine epoxy resin up around 70% and copper foil up over 30% over 8-9 months, and ELCINA flagging continued material-cost pressure into the subsequent quarter.

Order momentum is the other watch area: the order book stood at Rs. 2,654 crores as of July 30, 2026, including a Rs. 585.76 crores BEL radar-electronics order received on August 20, 2026 for which no execution timeline has been disclosed. Management has said it remains 'confident of achieving the full year guidance, growth guidance of 20% to 25% revenue growth while maintaining EBITDA margins in the 35% to 40% range', and the November 09 call is likely to cover the margin bridge, order-inflow phasing and the STAC acquisition completion.

Key Things To Watch

Performance vs Guidance Tracking: Where the company stands against its stated FY27 targets:

• Revenue growth — 20-25% for FY27 — Q1 FY27 delivered +16.81%, below the band; watch H2 weighting
• EBITDA margin — 35-40% for FY27 — Q1 FY27 came in at 27.0%, below the band; watch the recovery path
• Fresh order inflows — around Rs. 2,000 Cr for FY27 — over Rs. 226 Cr received by July 30 plus the Rs. 585.76 Cr BEL order on August 20
• STAC completion — 100% stake — indicative 3 months from July 30, 2026; no completion announcement as of November 5, 2026

Margin bridge to the 35-40% band

• Q1 FY27 EBITDA margin of 27.0% versus full-year guidance of 35-40%; management says look annually — probe the implied H2 margin ramp
• Q1 other expenses rose 64% YoY on facility revamping repairs and a Rs. 2 crores provision against long-standing receivables
• Watch whether the margin band is re-clarified to the 38-40% short-term framing given at the Q4 FY26 concall

Order inflow phasing and book composition

• Firmly-received versus negotiated split of the Rs. 2,654 crore order book — management previously said it had not classified the production/development split
• Execution timeline for the Rs. 585.76 crore BEL radar-electronics order — none disclosed so far
• Counter-drone contract conversion (3-6 months from July 2026) and BrahMos seeker commercial orders (FY27) against their stated windows

Strategic initiatives update

• STAC integration and first consolidated subsidiary status — whether Q2 is reported standalone or with a subsidiary line
• Su-30 jammer pod flight trials expected before December 2026, followed by commercial production
• Initial export OEM contracts due within 3-4 months of May 2026; first antenna redesign order for a fighter aircraft system has delivery in 6-8 months

Risks and narrative shifts to monitor

• Whether the 'temporary delays' framing on customer approvals persists if Q2 revenue recognition remains uneven
• Customer-approval and government-process delays — management has said delays arise from government agencies' approval processes, not from its own execution
• The deferred order-flow reconciliation from Q3 FY26, which management had asked to follow up via email and was not published