Data Patterns reports Q4 PAT of INR 61.62 crore

Data Patterns reports Q4 PAT of INR 61.62 crore

Wed, 05/25/2022 - 14:02
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New Delhi, May 25

The Board of Directors at Data Patterns (India) Limited (NSE: DATAPATTNS | BSE: 543428)a vertically integrated Defence and Aerospace electronics solutions provider catering to the indigenously developed defence products industry, today approved the audited financial results for the quarter and year ended March 31, 2022.

 Q4 (2021 – 2022)

 §  Total Income stood at INR 173.07-cr in the quarter ended March 31, 2022 as against INR 157.59-cr in the corresponding quarter in FY21

§  Revenue from operations for the fourth quarter of FY22 stood at INR 170.54-cr as compared to INR 157.06-cr in the fourth quarter of FY21

§  The Company’s Earnings before Interest, Tax, Depreciation and Amortization (Operational EBITDA) stands at INR 87.46-cr for the January – March 2022 quarter, as against INR 88.70-cr in January – March 2021

§  Profit Before Tax (PBT) stood at INR 84.57-cr for the fourth quarter of FY22 as compared to INR 84.68-cr in the fourth quarter of FY21

§  Profit After Tax (PAT) stands at INR 61.62-cr in Q4 (2021 – 2022) as against INR 65.96-cr in Q4 (2020 – 2021)

 FY 2021 – 2022

 §  Total Income stood at INR 314.81-cr for the 12 months ended March 31, 2022 as against INR 226.55-cr in the corresponding period in FY21

§  Revenue from operations for FY22 stood at INR 310.85-cr as compared to INR 223.95-cr in FY21

§  The Company’s Earnings before Interest, Tax, Depreciation and Amortization (Operational EBITDA) stands at INR 141.04-cr for January – March 2022, as against INR 91.99-cr for January – March 2021

§  Profit Before Tax (PBT) stood at INR 127.38-cr for FY22 as compared to INR 74.52-cr in FY21

§  Profit After Tax (PAT) stands at INR 93.97-cr in 2021 – 2022 as against INR 55.56-cr in the 2020 – 2021

 From the CMD’s Desk

 Commenting on the company’s performance, Mr. Srinivasagopalan Rangarajan, Chairman & Managing Director, Data Patterns (India) Limited said, “Our results are in line with our expectations. Our primary focus now is to create a strong order book and increase operational efficiency. We continue to invest heavily in next-gen technology to keep increasing our product portfolio and sustain growth. We have large project orders in the pipeline which allows us to scale up rapidly. Data Patterns has enormous capabilities in design of electronics systems for defence and aerospace requirement.  We believe that substantial scale can be achieved in the Aerospace and Defence markets in India, thanks to the Atmanirbhar Bharat initiatives and defence procurement procedure being modified to enable more ‘Make in India’ defence equipment. The capabilities developed in-house for the electronics and software can be re-used to address opportunities like medical instrumentation, automotive, telecom etc. in the other markets. A large international market exists for design services in electronics and embedded software.  Based on our existing competencies, we would like to address these export opportunities for design services and prototype manufacturing in the coming years.”