Slide 1: Data Patterns (India) Limited Investor Presentation Q2FY25
Data Patterns ( India ) Limited Investor Presentation Q2FY25 – Nov 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 1,020 Engineers 32% Revenue and 34% EBITDA CAGR (FY21-24) 74% Gross and 37% 15% ROE and 16% Rs 9,714 Mn Order EBITDA Margins ROCE Book as on 30th (H1FY25) (FY24) September • Fully integrated defense and aerospace electronics solution provide
Slide 4: Strong Outlook & Positioning Across the Portfolio
Strong Outlook & Positioning Across the Portfolio Radars Electronic Warfares Communication Systems Satellites • 9 Precision Approach Radars • Delivered COMINT and ELINT systems Existing • 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
Data Patterns- Outlook 20-25% 01 02 03 Revenue Growth over next two-three Working in collaboration with Working towards building Strong Order Book in Pipeline years. foreign OEMs to explore Full Systems at Rs 20-30bn over next 18 export potential months We were able to maintain the revenues despite
Slide 8: CMD's Comment on Quarter's Performance
CMD’s Comment on Quarter’s Performance ““We are pleased to report healthy and improved margins during H1 of FY 2024-25 driven by our continued focus on operational efficiency and more favourable product mix. Revenue for the quarter was impacted due to deferment of delivery schedule by the customer,
Slide 9: Q2FY25 Result Highlights
Q2FY25 Result Highlights Rs. 910 Mn Rs. 343 Mn Rs. 5,575 Mn Revenue EBITDA Cash, Bank & Investment (as on 30th Sept) 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 pr
Slide 10: Diversified Revenue Profile
Revenue Maintained in H1 despite Deferment of Delivery Schedule by Customer Production Development Service Rs 1,823Mn 2% Rs 1,980 Mn Rs 1,951Mn 5% 9% Rs 1,395 Mn Diversified 5% 46% 18% Rs 1,083 Mn Revenue Profile Rs 1,041 Mn 50% 26% 4% Rs 910 Mn 11% 8% 2% 31% 59% 73% 69% 52% 90% 45% 58% 37% Q2FY24 Q
Slide 11: Q2FY25 Revenue Breakup
Products Customers 0.6% 1.7% 11.9% 20.1% 23.4% 7.2% Q2FY25 Revenue Rs 910 Mn Rs 910 Mn 8.4% Breakup 47.8% 19.0% 0.7% 11.7% 47.4% EW Radar ATE Avionics DRDO BrahMos Exports BEL Others AMC Naval Systems Services and Others 11
Slide 12: Q2FY25: Financial Performance
Particulars (Rs mn) Q2FY25 Q2FY24 YoY(%) Q1FY25 QoQ(%) H1FY25 H1FY24 YoY (%) Net Revenue 910 1,083 -16.0 1,041 -12.6 1,951 1,980 -1.5 Cost of materials consumed 496 484 2.5 415 19.5 911 886 2.8 Purchase of Stock in trade Changes in Inventories,WIP & SIP -277 -134 -127 -404 -197 Total Raw Material Co
Slide 13: Strong Order Book Across Verticals
Order book as on date: Rs 12,806 mn Including Orders Negotiated till Date Rs 2,274 mn Orderbook Build-up Rs 10,831 mn 4% Rs 10,171 mn Rs 9,714 mn Rs 9,241 mn 4% 5% 5% 51% Strong Order Book 53% 55% Across Verticals Rs 4,979 mn 64% Rs 4,761 mn 14% 13% 6% 25% 45% 43% 80% 40% 62% 31% FY 21 FY 22 FY 23 F
Slide 14: Order Book Build Up in H1FY25
Diversified Order Book Order Book Build-Up 0.7% 1.9% 0.1% 1.0% 1.6% 3.6% 3.1% Order Book Build 20.7% Up in H1FY25 1,951 66.6% 0.8% Radar EW Avionics AMC ATE FCS Navel System Services Tank 14
Slide 15: Order Inflow During Q2 & H1 FY25
Order Inflows – Q2FY25 and H1FY25 Rs. 1,446 Mn Rs 2,771 Mn 2% 1% 34% 36% Service Development Rs. 454 Mn Rs. 835 Mn Production 64% 63% 37% 23% 18% 63% 59% Order Inflow Q2FY24 Q2FY25 H1FY24 H1FY25 During Q2 & H1 Major order received in Q2FY25 Major order received in H1FY25 FY25 Product Customer Order
Slide 16: Excellent Margins in Q2
Revenue (INR Mn) EBITDA (INR Mn) and Margins (%) -16% 1083 407 1041 372 910 343 Q2FY24 Q1FY25 Q2FY25 Q2FY24 Q1FY25 Q2FY25 Excellent Margins 38% 36% 38% in Q2 Profit Before Taxes (INR Mn) and Margins (%) Net Profit (INR Mn) and Margins (%) -10% -14% 463 338 328 435 400 303 Q2FY24 Q1FY25 Q2FY25 Q2FY24
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 9,714 4,534 3,108 4,979 4,761 2,240 1,951 Consistent Track Record of FY21 FY22 FY23 FY24 H1FY25 FY21 FY22 FY23 FY24 H1FY25 Profitable High Profitability ~ 34% E
Slide 21: Profitability
Improving PAT Lower debt levels/ leverage ImprovingROE ROE and ROCE ROCE Rs Mn Debt-Equity ratio 38% 1,817 0.16 33% 31% 1,240 24% 22% Profitability 939 0.01 17% 15% 16% … 631 556 - FY21 FY22 FY23 FY24 H1FY25 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
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Slide 27: Historical Statement of Profit and Loss
Historical Statement of Profit and Loss Particulars (Rs. Mn) FY21 FY22 FY 23 FY24 Sept-24 Revenue from Contract with Customers 2,240 3,109 4,535 5,198 1,951 Other Income 26 40 92 460 244 Total Revenue 2,266 3,148 4,627 5,658 2,195 Expenses: a) Cost of materials consumed 630 916 1,941 1,808 911 b) Ch
Slide 28: Historical Balance Sheet
Historical Balance Sheet Particulars (Rs. Mn) Mar-21 Mar-22 Mar-23 Mar-24 Sept-24 Particulars (Rs. Mn) Mar-21 Mar-22 Mar-23 Mar-24 Sept-24 ASSETS EQUITY AND LIABILITIES Non-current assets Equity (a) Share capital 17 104 112 112 112 (a) Property, Plant and Equipment 292 442 913 1,206 1,328 (b) Other
Slide 29: Historical Cash Flow Statement
Historical Cash Flow Statement Particulars (Rs. Mn) FY21 FY22 FY23 FY24 Sept-24 Net Profit before tax 745 1,274 1,648 2,422 835 Adjustments for : Add : Depreciation 56 66 85 161 66 Add : Interest And Finance Charges 145 110 77 93 58 Add : Liquidated Damages (LD) Written Off - 13 45 9 1 Add : Unreali
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 8078675682 M:+91 9769364166