Data Patterns India (DATAPATTNS) Q3 24/25 earnings summary

Executive summary

• Q3 FY25 delivered strong margins and execution despite customer delivery deferments, with optimism for full-year revenue growth and a robust order book at Rs 11.8bn.

• Focus on in-house design, manufacturing, and expanding exports, with strategic R&D and infrastructure investments driving next-generation product development.

• Unaudited financial results for the quarter and nine months ended December 31, 2024, were approved by the Board on February 5, 2025.

Financial highlights

• Q3 revenue reached INR 117.04 crore, up 29% quarter-on-quarter but down 16.1% year-over-year; nine-month revenue at INR 312 crore, down 7.5% YoY.

• Gross margin improved to 80.3% in Q3; EBITDA margin at 46.2%; net profit for the quarter was INR 44.66 crore.

• Order book at INR 1,184 crore as of December 2024, with INR 89 crore in recently negotiated orders.

• Net debt-free balance sheet with over INR 575 crore in cash and cash equivalents as of Dec 31.

Outlook and guidance

• Confident in achieving 20%-25% revenue growth for FY25, maintaining EBITDA margins between 35%-40%.

• Targeting INR 20-30 billion in new orders over the next 18 months, with a robust bidding pipeline.

• Continued investments in technology and product development, with planned capex of over Rs 150 crore in the next two years.