General industrial company Data Patterns announced Q2FY23 results: Q2FY23: Total Revenue for Q2 increased by 51% from Rs. 59.52 crore in Q2FY22 to Rs. 90.01 crore in Q2FY23. The Company’s Earnings before Interest, Tax, Depreciation and Amortization (Operational EBIDTA) increased by 47% from Rs. 20.56 crore for the Q2FY22 to Rs. 30.16 crore in the corresponding Q2FY23 Profit Before Tax (PBT) improved by 71% from Rs. 16.74 crore in Q2FY22.to Rs. 28.65 crore in Q2FY23 Profit After Tax (PAT) increased by 63% from Rs. 12.89 crore in Q2FY22 to Rs. 21.05 crore in Q2FY23 H1FY23: The company’s total Revenue for H1FY23, 2022 was Rs. 160.09 crore, an increase of 65% over the first half revenue of Rs. 97.17 crore in H1FY22. Operational EBIDTA increased by 36% from Rs. 37.84 crore for Q2FY22 to Rs. 51.38 crore in the corresponding Q2FY23. Profit Before Tax (PBT) improved by 56% to Rs. 48.05 crore for H1FY23, 2022 as compared to Rs. 30.79 crore in the corresponding H1FY23. Profit After Tax (PAT) increased by 52% from Rs. 23.22 crore in H1FY23, 2021 to Rs. 35.26 crore in H1FY23. Commenting on the company’s performance, Mr. Srinivasagopalan Rangarajan, Chairman & Managing Director, of Data Patterns (India) Limited said, “Data Patterns is uniquely positioned to benefit from the strong sectoral tailwinds given our R&D; strength and our manufacturing capabilities. Our current quarterly performance is one of the best in the history of the company and has surpassed our internal targets. We are confident of delivering on our stated guidance of 25%-30% topline growth given our strong and growing order book”. Result PDF
Conference Call with Data Patterns (India) Management and Analysts on Q1FY23 Performance and Outlook. Listen to the full earnings transcript.
Conference Call with Data Patterns (India) Management and Analysts on Q4FY22 Performance and Outlook. Listen to the full earnings transcript.
Conference Call with Data Patterns (India) Management and Analysts on Q3FY22 Performance and Outlook. Listen to the full earnings transcript.
Data Patterns (India) declares Q3FY22 result: Revenue from operations for Q3FY22 grew by 96.0% to INR 438 mn as against INR 224 mn in Q3FY21 EBITDA grew 32x to INR 156 mn in Q3FY22 as against INR 5 mn in Q3FY21 PBT came at INR 119 mn in Q3FY22 as against loss of INR 43 mn in Q3FY21 Net Profit for Q3FY22 grew by 3x to INR 90 mn as against Loss of INR 44 mn in Q3FY21 Net Revenue for 9MFY22 doubled to INR 1403 mn as against INR 669 mn in 9MFY21 EBITDA grew 14x to INR 535 mn in 9MFY22 as against INR 35 mn in 9MFY21 PBT for 9MFY22 grew 5x to INR 426 mn as against loss of INR 102 mn in 9MFY21 Net Profit for 9MFY22 grew 4x to INR 322 mn as against loss of INR 104 mn in 9MFY21 Commenting on the financial performance Mr. Srinivasagopalan Rangarajan, Chairman & Managing Director, Data Patterns (India) Limited, said: We debut with strong earnings in our first results post IPO. In Q3FY22 our topline has doubled and we have maintained high profitability. Our strong order book and bidding pipeline gives us good visibility of strong growth trajectory. Macro environment remains favorable, and we are confident of delivering superior performance over next few years. We maintain our focus on superior project execution, developing high quality products and delivering cost efficient solutions to other customers” Results of the quarters are dependent on the type of contracts executed in that quarter and hence not comparable across the periods (quarters). Result PDF