Slide 1: Data Patterns (India) Limited Investor Presentation Q1FY25
Data Patterns ( India ) Limited Investor Presentation Q1FY25 - July 2024
Slide 2: Content
1 Company Overview 2 Quarter Highlights Content 3 Journey & Background 4 Outlook 5 Financials 2
Slide 3: Data Patterns: 3 Decades of Expertise
Data Patterns: 3 Decades of Expertise Incorporated in 1998 955 Engineers 32% Revenue and 34% EBITDA CAGR (FY21-24) 68% Gross and 43% 15% ROE and 16% EBITDA Margins ROCE Rs 10,171 mn Order (FY24) (FY24) Book at 30th June • Fully integrated defense and aerospace electronics solution provider • Focused
Slide 4: Strong Outlook & Positioning Across the Portfolio
Strong Outlook & Positioning Across the Portfolio Radars Electronic Warfares Communication Systems Satellites Existing • 9 Precision Approach Radars • Delivered COMINT and ELINT systems • Developed systems for land, air and • Designed and built micro satellites successfully completed and delivered a
Slide 5: Strategic Priorities
Strategic Priorities Moving up the Value Chain through Leverage Existing Competencies Expanding Geographies: Investments in products building Full Systems: Using and enables scalability: Creating Compete in areas where Foreign and Technology: Capex reusable building blocks Additional Product Categor
Slide 6: FY24 Overview
Revenue Split (%) RADAR-40% x FY24 Overview 17% 35% 21% 27% 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Avionic-18% 6
Slide 7: Data Patterns- Outlook for Next Two Years
Data Patterns- Outlook for Next Two Years 20-25% 01 02 03 Revenue Growth over next two- Working in collaboration with Working towards building Strong Order Book in Pipeline three years. foreign OEMs to explore Full Systems at Rs 20-30bn over next two export potential years We achieved 16% YoY growth
Slide 8: CMD's Comment on Quarter's Performance
CMD’s Comment on Quarter’s Performance “This has been an encouraging start to the financial year 2025 with revenue growth of 16%, gross margins at 72% and EBITDA margins improved by 465bps at 36% reflecting operational excellence. Our current order book crosses 1100crs with an optimal production and
Slide 9: Q1FY25 Result Highlights
Q1FY25 Result Highlights Rs. 1,041 Mn Rs. 372 Mn Revenue EBITDA (EBITDA grew 33.4% YOY) Strong Balance Sheet; Net Enhanced infrastructure, Make in India QIP funds utilized for Product Debt Free Company policies, QIP investment in complete Development in Radar, EW, and products Communication system R
Slide 10: Diversified Revenue Profile
Revenue Growth across all Categories Production Development Service Rs 1,823 mn Rs 5,198mn 2% 4% Rs 4,535 mn Rs 1,395 mn 5% 5% 46% 42% Diversified Rs 1,083 mn Rs 1,041 mn 29% Revenue Profile 26% Rs 897 mn 4% 11% 7% 31% 59% 39% 69% 66% 54% 52% 58% 54% 37% Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 FY23 FY24
Slide 11: Q1FY25 Revenue Breakup
Products Customers 2% 11% 7% 18% 32% 35% Q1FY25 Revenue Breakup 19% 28% 13% 9% 15% 7% 4% EW Radar ATE Communication DRDO BrahMos Exports BEL HAL Others Avionics FCS AMC Naval Systems Services and Others 11
Slide 12: Q1FY25: Financial Performance
Particulars (Rs mn) Q1FY25 Q1FY24 YoY(%) Q4FY24 QoQ(%) Net Revenue 1,041 897 16.0 1,823 -42.9 Cost of materials consumed 415 402 3.2 507 -18.1 Purchase of Stock in trade - - - Changes in Inventories,WIP & SIP -127 -80 5 Total Raw Material Cost 288 322 -10.5 512 -43.6 Gross Profits 752 575 30.9 1,311
Slide 13: Strong Order Book Across Verticals
Order book as on date: Rs 11,474mn including orders negotiated till date Rs 1,367mn Orderbook Build-up Rs 10,831 mn Rs 10,171 mn 4% Rs 9,241 mn 4% 5% 51% Strong Order Book 53% 64% Across Verticals Rs 4,979 mn Rs 4,761 mn 14% 13% 6% 25% 45% 43% 80% 62% 31% FY 21 FY 22 FY 23 FY 24 Q1FY25 Production De
Slide 14: Order Book Build Up in Q1FY25
Diversified Order Book 2% 1% 2% 2% 3% 2% Order Book Build 19% Up in Q1FY25 1,041 1% 68% Radar EW Avionics AMC ATE FCS Naval System Satellite Services Tank Under Water 14
Slide 15: Order Inflow Continues to be Strong
Order Inflows – Q1FY25 and FY24 Rs 1,327 mn 1% Rs 9,014 mn 1% 38% Rs. 6,788 mn 3% Service 66% 26% Development Rs 381 mn Production 61% 7% 71% Order Inflow 40% 33% 54% Continues to be Q1FY24 Q1FY25 FY23 FY24 Strong Major order received in Q1FY25 Major order received in FY24 Product Customer Order Typ
Slide 16: Robust Performance in Q1
Revenue (INR Mn) EBITDA (INR Mn) and Margins (%) 16% 33% 1,823 930 1,041 897 372 279 Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 Robust 31% 51% 36% Performance in Q1 Profit Before Taxes (INR Mn) and Margins (%) Net Profit (INR Mn) and Margins (%) 27% 25% 711 953 328 435 349 258 Q1FY24 Q4FY24 Q1FY25 Q1
Slide 17: Corporate Overview
Corporate Overview 17
Slide 18: Over Last Three Decades
Over Last Three Decades • Successful IPO Launch • Initiated expansion of manufacturing facility with doubling of available floor area • Started building of capacity to handle large and heavy equipment and integration of large radars and mobile EW systems, satellite integration facility • Designed wi
Slide 19: Operating in High Growth Categories
Commercial off the Radars Electronic Warfares Shelfs • Surveillance and COTS modules designed in • Surveillance Radars intelligence gathering context of reusable building • Weather Radars (“SIGINT”) blocks for building Military • Coastal Surveillance • Further divided into Electronics systems with a
Slide 20: Consistent Track Record of Profitable Growth
Rs mn 30%+~ % growth CAGR FY21-FY24 ~ 32% Revenue CAGR from FY21-FY24 Order Book (Rs mn) Revenue from operations (Rs mn) 10,831 5,198 9,241 4,534 3,108 4,979 4,761 2,240 Consistent Track Record of FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 Profitable High Profitability ~ 34% EBITDA CAGR from FY21-FY24
Slide 21: Growing Profitability
Improving PAT Lower debt levels/ leverage Improving ROEROEROCE and ROCE Rs mn Debt-Equity ratio 38% 1,817 0.16 33% 31% 1,240 Growing 24% 22% 939 16% Profitability 0.01 17% 556 15% … - FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24* 21
Slide 22: Working Capital
Debtor Days Creditor CreditorDays Days Debtor Day 308 45 280 254 233 36 35 20 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 Working Capital Inventory Days Cash Cash Conversion Conversion Cycle Cycle (Days) 187 427 432 155 141 355 329 120 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 22
Slide 23: Excellent Cultural Fit & Alignment
A mission- driven workforce with a culture of innovation State-of-the-art & well-resourced facilities • 10.28 Acres of land in Chennai, SIPCOT ~200,000 sq.ft- • Large Systems • Additional Integration Hangar Aggregate of built-up area of manufacturing facilities • Augmented EMS Line Environmental • 2
Slide 24: Sustainability Goals through CSR Activities
Key activities done in FY24 with many more others… New Building with area of Repaired existing Day Care centre for government run school Dementia Patients 5600 sq ft for school for special kids building Sustainability Goals through Plans for FY25 CSR Activities To create a sustainable and Holistic C
Slide 25: Highly Reputed & Experienced Management
Mr. Srinivasagopalan Rangarajan Ms. Rekha Murthy Rangarajan Promoter, Chairman & Managing Director Promoter, Whole Time Director Highly Reputed & Experienced Mr. Vijay Ananth K Whole Time Director, COO & Chief Information Mr. Desinguraja Parthasarathy Chief Technology Officer Management Security Off
Slide 26: Annexure
\ Ht q | —f——. ] A DATA PATTERNS A 7 at KSHITIJ=2 MARITIME FATE &
Slide 27: Historical Statement of Profit and Loss
Historical Statement of Profit and Loss Particulars (Rs. Mn) FY21 FY22 FY 23 FY24 June-24 Revenue from Contract with Customers 2,240 3,109 4,535 5,198 1041 Other Income 26 40 92 460 123 Total Revenue 2,266 3,148 4,627 5,658 1164 Expenses: a) Cost of materials consumed 630 916 1,941 1,808 415 b) Chan
Slide 28: Historical Balance Sheet
Historical Balance Sheet Particulars (Rs. Mn) Mar-21 Mar-22 Mar-23 Mar-24 Particulars (Rs. Mn) Mar-21 Mar-22 Mar-23 Mar-24 ASSETS EQUITY AND LIABILITIES Non-current assets Equity (a) Share capital 17 104 112 112 (a) Property, Plant and Equipment 292 442 913 1,205 (b) Other Equity 2,062 5,641 11,559
Slide 29: Historical Cash Flow Statement
Historical Cash Flow Statement Particulars (Rs. Mn) FY21 FY22 FY23 FY24 Net Profit before tax 745 1,274 1,648 2,422 Adjustments for : Add : Depreciation 56 66 85 161 Add : Interest And Finance Charges 145 110 77 93 Add : Liquidated Damages (LD) Written Off - 13 45 9 Add : Unrealized Forex Gain/Loss
Slide 30: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Data Patterns (India) Limited (the “Company”) solely for the information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities and s
Slide 31: Questions?
Questions? Monali Jain Sheetal Khanduja monali@GoIndiaadvisors.com sheetal@GoIndiaadvisors.com M:+91 7597304020 M:+91 9769364166