Data Patterns (India) Share Price

Data Patterns (India) Ltd

Data Patterns (India) Limited, originally incorporated as Indus Teqsite Private Limited on November 11, 1998, in Bangalore, has evolved into one of India’s leading defence and aerospace electronics solutions providers. The company underwent significant transformations in its corporate structure and business model before becoming a publicly listed entity in 2021. Following the merger with its erstwhile subsidiary, the company’s name was changed to Data Patterns (India) Private Limited on August 4, 2021. Shortly after, on August 12, 2021, it converted into a public limited company, and the name was officially changed to Data Patterns (India) Limited on September 13, 2021. The company's strategic growth and innovations in the defence and aerospace electronics sectors have firmly positioned it as one of the fastest-growing companies in this space in India.

Specialization in Defence and Aerospace Electronics

Data Patterns (India) is one of the few vertically integrated companies in India, specializing in providing defence and aerospace electronics solutions. The company’s offerings span across the entire spectrum of air, space, land, and sea platforms used in defence and aerospace applications. Data Patterns stands out for its comprehensive design capabilities, which encompass critical areas such as processors, power systems, radio frequencies (RF) and microwave solutions, embedded software, firmware, and mechanical engineering. The company has developed a strong competency in each of these domains, making it a key player in the indigenously developed defence products industry.

As a leading manufacturer of electronic boards and systems, Data Patterns has been instrumental in delivering cutting-edge solutions to the Indian defence and aerospace sectors. These solutions play a crucial role in advancing the country’s military and aerospace capabilities, ensuring that critical systems are developed and integrated to meet the specific needs of the armed forces. The company’s electronic hardware, software, firmware, and mechanical engineering expertise have enabled it to establish a significant presence in the sector.

Core Competencies and Technological Expertise

Data Patterns (India) is recognized for its broad range of core competencies in defence and aerospace electronics. The company’s strength lies in its ability to design, develop, and deliver a wide variety of products and systems, including electronic hardware, software, firmware, and mechanical designs. These products go through rigorous testing and validation processes, which include functional testing, environmental testing, and verification, ensuring that they meet the highest standards of quality and reliability.

One of the key technological areas where Data Patterns has demonstrated significant expertise is in the development of radar systems. The company’s Precision Approach Radars, for example, are among the most advanced radar systems designed for use in defence and aerospace applications. These radars are integral to the company’s portfolio, serving crucial roles in air traffic control, surveillance, and military operations. In FY 2021-22, Data Patterns completed the Factory Acceptance Test of its first Precision Approach Radar, a major milestone in the company's radar development journey.

In addition to radar systems, Data Patterns has developed solutions in satellite technology, signal processing, and weather radar systems. The company is also engaged in the manufacturing and installation of radar signal processors and weather radar systems, contributing to both military and civilian sectors. The company's ability to develop such complex systems highlights its leadership in advanced defence and aerospace technology solutions.

Significant Financial Milestones and Public Offering

Data Patterns (India) Limited made a significant financial move in December 2021 when it launched a public issue worth Rs. 588.22 crore. This public offering comprised a fresh issue of Rs. 240 crore and an offer for sale (OFS) of Rs. 348.22 crore by selling shareholders. The shares were listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) on December 24, 2021. This marked a key moment in the company’s journey, as it transitioned from being a private entity to a publicly traded company. The Data Patterns (India) Share Price attracted significant attention in the market, reflecting investor confidence in the company’s future growth prospects and its leading position in the defence and aerospace sector.

The company further strengthened its financial position by completing a Qualified Institutional Placement (QIP) in FY 2022-23, raising additional funds. A total of 4,097,319 equity shares of face value Rs. 2 each were issued at an issue price of Rs. 1,220.31 per equity share, with a premium of Rs. 1,218.31 per share. The QIP allowed Data Patterns to raise substantial capital, which is likely to support its continued growth and development in the highly competitive defence and aerospace electronics industry.

Product Developments and Key Achievements

Over the years, Data Patterns (India) has made several notable advancements in its product offerings. In FY 2022-23, the company achieved several significant milestones in its radar and satellite product lines. The manufacturing unit for Radar Signal Processors, a critical component in radar systems, was shipped in April 2022, marking a significant achievement in the company’s radar production capabilities. Furthermore, the company successfully manufactured and installed its Precision Approach Radars, further cementing its position as a leader in radar technology development.

Another major achievement came in November 2022, when the company launched its Nano Satellite for Hyper Spectral Imaging. This satellite is an important step forward in the field of remote sensing and satellite-based data collection, further expanding Data Patterns' footprint in space technologies. The company’s ability to develop such advanced satellite systems demonstrates its technological prowess and commitment to innovation in the aerospace sector.

Additionally, Data Patterns made significant progress with its weather radar systems. The Second C-Band Dual Polarimetric Doppler Weather Radar product was commissioned and installed at Kalpakkam in FY 2022-23. This weather radar is designed to provide high-resolution weather data, helping both civilian and military sectors with real-time weather monitoring and forecasting.

Strategic Vision and Future Growth

Looking ahead, Data Patterns (India) is well-positioned for continued growth, driven by its commitment to innovation and the development of next-generation defence and aerospace electronics. The company has developed a strong reputation for delivering high-quality, indigenously developed products, which are critical to India’s defence and aerospace sectors. With its diversified product portfolio, including radar systems, satellite technology, weather radar, and signal processing solutions, Data Patterns is poised to capitalize on the increasing demand for advanced electronics in these sectors.

The company’s focus on vertical integration allows it to maintain greater control over its manufacturing processes, ensuring the delivery of high-performance, reliable products. Additionally, its continued investment in research and development (R&D) will likely enable it to stay ahead of technological trends and expand its market share in both domestic and international markets.

Quick overview

Data Patterns (India) Limited’s journey from a private company to a publicly listed entity has been marked by a series of significant milestones and achievements. The company’s expertise in the design and manufacture of cutting-edge defence and aerospace electronics systems has made it a key player in India’s indigenous defence industry. With its strong product portfolio, technological innovations, and strategic financial moves, Data Patterns is set for continued growth. The Data Patterns India Share Price reflects the market's confidence in the company’s future, and its ability to deliver high-performance solutions will likely ensure its continued success in the years to come.