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Data Patterns IPO- Investment Rationale, Business Strategy, Financials, Risks: HDFC Securities Retail Research

Data Patterns IPO- Investment Rationale, Business Strategy, Financials, Risks: HDFC Securities Retail Research

A Tejas LCA MK1A Trainer light combat aircraft armed with BrahMos missiles sits on display during the Aero India Air Show at Air Force Station Yelahanka in Bengaluru, India. (Photographer: Karen Dias/Bloomberg)
A Tejas LCA MK1A Trainer light combat aircraft armed with BrahMos missiles sits on display during the Aero India Air Show at Air Force Station Yelahanka in Bengaluru, India. (Photographer: Karen Dias/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

HDFC Securities Retail Research's IPO Report

Data Patterns India Ltd. is among the few vertically integrated defence and aerospace electronics solutions provider catering to the indigenously developed defence products industry.

With net profitability growth of approximately 164% between fiscal 2020 and fiscal 2021, Data Patterns is one of the fastest growing companies in the defence and aerospace electronics sector in India.

It has proven in-house design and development capabilities and experience of more than three decades (including through its erstwhile subsidiary) in the defence and aerospace electronics space. Its offerings cater to the entire spectrum of defence and aerospace platforms – space, air, land and sea.

Between fiscal 2019 and fiscal 2021, it was amongst the highest growing companies in terms of revenues amongst key Indian defence and aerospace companies.

Click on the attachment to read the full IPO report:

HDFC Securities Retail Research Data Patterns (India) Ltd IPO Note.pdf

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