Choice Institutional Equities is bullish on Data Patterns has recommended buy rating on the stock with a target price of Rs 3300 in its research report dated November 13, 2025.
The company is focusing on indigenous solutions and transitioning to a full systems integrator
A LocalCircles survey has revealed that digital insurance platforms are using tactics such as pre-ticked boxes, policy bundling and 'privacy zuckering' to push unwanted products and collect excessive data, prompting regulatory scrutiny.
The defence solutions company is focusing on complete systems to grow its addressable market
Defence stocks rallied sharply on May 19 after the Defence Acquisition Council approved emergency procurement of arms worth around Rs 40,000 crore.
Growing order book, international expansion, and a debt-free balance sheet to aid long-term growth
The company expects better order inflows in the second half, given the pipeline of orders which are pending for approvals. It is investing heavily in R&D and product development
Stock Of The Day: Data Patterns, a key player in the defence electronics sector, is positioned for strong growth after a recent correction in stock price. The company benefits from India's import bans on 780 defence items, creating opportunities to fill supply gaps. With a robust order book of Rs 1000 crore, strong focus on radar, electronic warfare, and government initiatives like Make-1 and Make-2, Data Patterns anticipates securing projects worth Rs 2000-3000 crore in the next 3-4 years. Improved execution and rising EBITDA margins have driven 27% earnings growth. The company expects 20-25% revenue growth and additional Rs 1000 crore in orders for FY25.
Stock valuation reasonable in light of improving earnings visibility and robust order pipeline
The company's total revenue from operations rose by 16 percent on-year to Rs 104 crore in Q1FY25
While assuming charge of the Defence Ministry for a second tenure, Rajnath Singh set an ambitious target to export over Rs 50,000 crore worth of defence equipment by 2028-2029.
Jefferies said that the defence player's Q4 EBITDA of Rs 93 crore was in-line with estimates, as higher margins offset the lower revenue growth.
In terms of levels, immediate resistance for Nifty is noted at 22,900, followed by further resistance at 23,170 and 23,400. Conversely, crucial support levels are identified at 22,500 and 22,300.
Stocks of most large defence players have seen rapid gains over last five years. For example, HAL has gained over 9x, BEL has gained around 6x and Data Patterns has gained nearly 3x (over the last three years; listed in 2021).
Defence export opportunity could average a 21 percent growth rate in FY23-30. While India’s defence exports rose 16 times in FY17-24 to $3 billion, the brokerage estimates it to reach $7 billion by Fy30
Price Volume breakout was seen in Data Patterns , Adani Energy Solutions, Sobha, PB Fintech, infibeam Avenues, Bharat Dynamics and Mahindra Holidays.
Other buyers in Data Patterns were Kotak Mahindra Mutual Fund and Mirae Asset Mutual Fund
Among sectors, auto was the biggest gainer being up more than 2 percent while Nifty Energy and PSU Bank ended up in the red.