The defence electronics company saw second-quarter profit and revenue drop by over half due to sluggish project execution. In response, investors rallied around a massive 475% increase in order inflows that pushed the company's total order book to ₹2,698 crore. Management reiterated its full-year revenue growth guidance of 20–25%, requiring a dramatic operational recovery in the second half of the fiscal year. Brokerages like Nuvama kept a HOLD rating with a ₹4,500 target price, warning that converting the expanded backlog into revenue remains essential.
Key points
Accelerating project execution in the second half of FY27 is critical following a 31% rev…: Accelerating project execution in the second half of FY27 is critical following a 31% revenue drop in the first half.
Long-term revenue visibility is supported by a prospective pipeline estimated at ₹2,000–4…: Long-term revenue visibility is supported by a prospective pipeline estimated at ₹2,000–4,000 crore over the next 24 months.
Brokerages caution that future returns depend strictly on the company's ability to clear…: Brokerages caution that future returns depend strictly on the company's ability to clear execution bottlenecks and convert backlogs into delivered revenue.
Sources checked by our analysis pipeline: 1
Data Patterns shares have surged nearly 55% in 2026 so far, with the defence electronics stock surging over 9% on Monday, 9 November, despite reporting a weak set of Q2 FY27 results. Strong order inflows and management's confidence in a better second half appear to have supported the stock's rally.
The company reported a 57% year-on-year drop in revenue to ₹133 crore for the September quarter, while net profit declined 55% to ₹22 crore. EBITDA margin, however, remained relatively stable at 23.3%.
The decline in revenue and profit was largely due to subdued execution during the quarter. However, a sharp increase in fresh orders provided some support. Data Patterns secured orders worth ₹929.1 crore in Q2 FY27, marking a 475% jump from the corresponding period last year.
The company's order book stood at ₹2,698 crore, with services accounting for 21%, development orders for 36% and production orders for the remaining 43%. While the robust order inflows have improved revenue visibility, execution will be key to converting this pipeline into growth.
According to news reports, during its earnings call, Data Patterns'…
Market activity shows Ferrexpo equity facing downward pressure during today's trading session. Current reporting indicates that trading movement remains negative while additional details concerning the slide have not yet emerged. Observers await further updates to understand the specific drivers behind this downward performance.
Regional market participants drove strong momentum across domestic equities, pushing the Jakarta exchange into firmly positive territory by the closing bell. This solid upward push reflects sustained buying interest throughout the daily trading session. The performance demonstrates continued strength for local shares as market activities wrapped up for the day.