Profit Before Tax (PBT) fell 14.73% year-on-year (YoY) to Rs 72.12 crore in Q4 March 2023. Operational EBIDTA declined 16.13% YoY to Rs 73.35 crore during the quarter.

For the full year, net profit rose 31.96% to Rs 124 crore in the year ended March 2023, and net sales rose 45.87% to Rs 453.45 crore. PBT rose 29.41% to Rs 164.85 crore in FY23. Operational EBIDTA rose 21.82% YoY to Rs 171.81 crore during the year.

The company's order book stood at Rs 924 crore at the end of FY23, reflecting a 3x increase compared to order inflow in FY22. With orders finalised in April and May, the current order book is Rs 1,008 crore.

Srinivasagopalan Rangarajan, chairman & managing director, Data Patterns (India), said, This year, we have achieved excellent results of 32% YoY growth in PAT. Our order book of Rs. 924 Cr is healthy which is up 94% YoY. The Company has also made significant investments on human capital and infrastructure during the last year.

He also said that as communicated at the time of IPO, the Company has successfully smoothened the business through the year. Accordingly, the last quarter revenue moved from 70% of annual revenue in FY 21 to 55% in FY 22 to 41% in FY 23. Full year growth is more representative of business performance rather than the quarter.

Aligning with the sectoral opportunities, we are actively pursuing new product development. With the successful completion of the QIP of Rs.500 Cr., we have positioned ourselves for substantial revenue growth through new products in the domestic and international markets in the coming years.

Data Patterns is a leading defence and aerospace electronics solution provider in India, catering to indigenously developed defence products. The company has in-house design and development capabilities with over three decades of experience in the industry.

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Data Patterns (India) announced that the Board of Directors of the Company at its meeting held on 13 May 2023, has recommended a Final dividend of Rs.4.50 per share (i.e.225%), subject to the approval of the shareholders.

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Net profit of Data Patterns (India) declined 10.16% to Rs 55.36 crore in the quarter ended March 2023 as against Rs 61.62 crore during the previous quarter ended March 2022. Sales rose 8.54% to Rs 185.10 crore in the quarter ended March 2023 as against Rs 170.54 crore during the previous quarter ended March 2022.

For the full year,net profit rose 31.96% to Rs 124.00 crore in the year ended March 2023 as against Rs 93.97 crore during the previous year ended March 2022. Sales rose 45.87% to Rs 453.45 crore in the year ended March 2023 as against Rs 310.85 crore during the previous year ended March 2022.

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Data Patterns (India) will hold a meeting of the Board of Directors of the Company on 13 May 2023.

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