Latest news with #DataPatterns
Business Standard
20-05-2025
- Business
- Business Standard
Data Patterns (India) gains after Q4 PAT climbs 60% YoY; recommends final dividend of Rs 7.90/ share
Data Patterns (India) rallied 3.17% to Rs 2,960 after the company's standalone net profit surged 60.45% to Rs 114.08 crore in Q4 FY25 as against Rs 71.10 crore posted in Q4 FY24. The companys revenue from operations zoomed 117.35% YoY to Rs 396.21 crore in the quarter ended 31 March 2025. Profit before tax was at Rs 153.11 crore in the fourth quarter of FY25, up 60.62% from Rs 95.32 crore posted in the same period a year ago. The operational EBITDA soared by 60.75% to Rs 149.5 crore in Q4 FY25, compared to Rs 93 crore reported in Q4 FY24. As of 31 March 2025, the order book stood at Rs 729.84 crore. Including orders under negotiation that have since been converted into confirmed orders, the total order book amounts to Rs 860.47 crore. On full year basis, the company's consolidated net profit grew by 22.08% to Rs 221.81 crore on 36.27% increase in revenue from operations to Rs 708.35 crore in FY25 over FY24. Srinivasagopalan Rangarajan, chairman & managing director, Data Patterns (India) said, we are happy to have delivered an excellent growth in revenue while maintaining consistent bottom line performance. Quarter 4 results were on expected lines. EBITDA for the quarter and full year 2024-25 was also as per our guidance. This achievement underscores the strength of our strategy, execution capabilities and commitment to operational excellence. Looking ahead, we are optimistic about robust order inflows and remain confident in our ability to sustain this growth trajectory. Meanwhile, the companys board has recommended a final dividend of Rs 7.90 per equity share for the financial year 202425. The final dividend, if approved by the shareholders at the ensuing Annual General Meeting scheduled for Friday, 08 August 2025, will be paid on or before Saturday, 06 September 2025. Data Patterns core competencies include design and development across electronic hardware, software, firmware, mechanical, and product prototypes, besides testing, validation, and verification. Its involvement has been across radars, electronic warfare suites, communications, avionics, small satellites, automated test equipment, COTS, and programs catering to Tejas light combat aircraft, light utility helicopters, BrahMos, and other communication & electronic intelligence systems.
Mint
19-05-2025
- Business
- Mint
Stock market today: Sensex today tumbles 270 points, Nifty slips below 25K in range-bound trade; IT stocks bleed
Stock market today: The Indian stock market extended its range-bound movement for the second session on Monday, May 19, and ended marginally in the red, with domestic technology stocks once again emerging as the biggest casualties. Both benchmark indices remained in a tight, consolidated range after touching a 7-month high on May 15. While the headline indices lacked clear direction, broader markets continued to attract investor interest. The Nifty 50 ended with a cut of 74 points, or 0.30%, to settle below the 25,000 mark at 25,945, while the Sensex fell by 271 points, or 0.33%, to close the session at 82,059. The Nifty Midcap 100 and Nifty Smallcap 100 indices, however, outperformed the benchmarks, with the former ending with a gain of 0.08%, while the latter surged by 0.51%, reflecting a continued risk-on sentiment among investors. After maintaining a steady upward trend last week, defence stocks witnessed some level of profit booking, with names like Paras Defence, Mazagon Dock Shipbuilders, Data Patterns (India), and HAL ending the session with cuts of up to 5.1%. Meanwhile, textile stocks attracted a good amount of buying interest in an otherwise subdued market, following India's imposed restrictions on Bangladeshi exports of ready-made garments and several other consumer goods through land ports. The move is aimed at ensuring fairness and equality in bilateral trade. Domestic technology stocks once again witnessed heavy selling pressure from Dalal Street investors amid growth concerns in their top revenue region—the U.S.—after global rating agency Moody's downgraded the U.S. government's credit rating to Aa1 from Aaa, citing rising debt and interest costs. The Nifty IT index ended the session with a decline of 1.37%, settling at 37,450. IT companies, which derive a substantial portion of their revenue from the U.S., had jumped 5.8% last week, marking the IT index's second-biggest weekly gain in 2025. The rating action also pushed U.S. Treasury yields higher, potentially making equities in emerging markets such as India less attractive to foreign investors. Bond yields were further boosted after U.S. President Donald Trump's sweeping tax-cut bill was approved by a key congressional committee. Further, U.S. consumer sentiment weakened, according to a survey released by the University of Michigan on Friday. The index of consumer sentiment dropped to 50.8, down from 52.2 in April, marking the second-lowest reading on record, behind June 2022, which further dented investor sentiment towards tech stocks. Other sectoral losers included Nifty Media, Nifty Oil & Gas, and Nifty FMCG, all of which ended with cuts of up to 0.60%. On the winning side, realty stocks emerged as the top sectoral performers, extending their winning streak to the fourth consecutive trading session, with Nifty Realty ending the session up 2.26% at the 932 level on expectations that the Indian economy could recover in the current fiscal year, potentially boosting urban consumer demand. Meanwhile, Nifty PSU Bank, Nifty Pharma, Nifty Auto, and Nifty Metal all ended with gains ranging between 0.10% and 1.47%. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Mint
19-05-2025
- Business
- Mint
Divi's Laboratories to Texmaco Rail: Here are 5 stocks that declared dividend
Dividend Stocks: Divi's Laboratories, Texmaco Rail & Engineering , Galaxy Surfactants, Data Patterns (India) Limited, Dhanuka Agritech Limited : Here are 5 stocks that declared dividend. Check for Dividend payout and record date details Divi's Laboratories Limited: Divi's recommended a final dividend of ₹ 30/- (i.e. 1,500% considering the face value of share) be paid out for each equity share of face value ₹ 2/- each for the fiscal year 2024–2025. The Divid's dividend is however , subject to shareholders approval at the subsequent 35th Annual General Meeting (AGM) Following the conclusion of the AGM, the dividend must be paid within the stipulated period. The 35th AGM of the Members of the Company will be held on Monday, August 11, 2025. The record date for the purpose of the payment of Divi's Laboratories dividend is July 25, 2025. Texmaco Rail & Engineering Limited' A 75% (seventy five per cent) dividend considering face value of share, or Re. 0.75/-per fully paid-up equity share of Re. I/-each, is recommended by Texmaco Rail & Engineering. After being approved at the Annual General Meeting (or "AGM"), the dividend on equity shares will be credited or sent to the members not later than 30 (thirty) days after the AGM date. Galaxy Surfactants Limited: The Board of Galaxy Surfactants in addition to Considering and approving the Audited Financial Results (Consolidated and Standalone) of the Company for the quarter & year ended March 31, 2025, also recommended final dividend of Rs.4/- per equity share having face value of Rs. 10/- each for financial year 2024-2025. Data Patterns (India) Limited: For the fiscal year 2024–2025, Data Patterns recommended a final dividend of Rs. 7.90 (Rupees Seven and Ninety Paise Only) per equity share of Rs. 2 . If approved by the shareholders at the following annual general meeting, which is scheduled for Friday, August 8, 2025, the final dividend will be paid on or before Saturday, September 06, 2025. Dhanuka Agritech Limited: The board of Dhanuka Agritech recommended Final Dividend @ 100% considering the face value of the share. This dividend of Dhanuka Agritech comes Rs. 2/- per Equity Share having a face value of Rs, 2/- per share to the Members of the Company and the same will be paid within 30 days of AGM subject to the approval of Members at ensuing 40!" Annual General Meeting (AGM) of the Company. The Record Date set by Dhanuka Agritech, for the purpose of payment of the Final Dividend stands on 18th July, 2025. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.
Economic Times
19-05-2025
- Business
- Economic Times
Defence stocks detonate in Rs 1.8 lakh crore boom. Is a ceasefire on the charts?
Investors are betting that the government will respond to the success of indigenous weaponry on the battlefield with a fresh barrage of defence orders. With investors expecting a fresh wave of orders in the wake of Operation Sindoor , where India's indigenous missiles and desi drones danced past Pakistan's radars while our own airspace stood shielded with clinical precision, defence stocks have rallied by a jaw-dropping Rs 1.8 lakh crore from May 9. Drone-maker ideaForge Technology has led the sortie, soaring 56% (from May 8), while warship-builders Cochin Shipyard and GRSE have cruised ahead with 41% and 40% gains from May 9, respectively. Investors are betting that the government will respond to the success of indigenous weaponry on the battlefield with a fresh barrage of defence orders. The situation also opens a new frontier: exports. The numbers back the optimism. Alongside ideaForge's 56%, Mishra Dhatu Nigam, Zen Technologies, Paras Defence, and Data Patterns have all jumped over 30%. Defence PSU heavyweight HAL, the maker of Tejas jets and Dhruv helicopters, is up 16%. But for those tracking the sector's longer arc, the Sindoor spark is just the latest chapter. Between July 2022 and July 2024, the Nifty Defence index clocked a blistering 350% rally, only to crash 38% by February 2025 as markets turned cautious. Operation Sindoor has now reignited that fire—and how. Also read | Markets don't lie! Stock tickers in Shenzhen, Mumbai expose Pakistan's claims of victory According to Sanjeev B Zarbade of Antique, 'We continue to be positive on the Indian defence shipyards sector given strong order outlook, a robust policy framework favouring indigenisation, and substantial government investment.' Zarbade points to the Rs 8.45 lakh crore in Defence Acquisition Council (DAC) approvals between FY22–25, which is over 3.3x the amount cleared in the previous three coming years could be flush with even bigger orders. 'We expect significant order inflows in FY26–27 for defence shipyards,' Zarbade said. The pipeline includes eight next-gen destroyers under Project 18 worth Rs 800 billion, and 12 submarines under Project 76 that could cost Rs 1,200–1,500 billion. India is also expected to firm up plans for a third aircraft carrier by 2028, with deployment eyed for 2038. Brokerage Jefferies has loaded up on optimism, maintaining Buy ratings on HAL (target Rs 4,715), Data Patterns (Rs 2,690), and BEL (Rs 325). The house expects robust double-digit EPS growth and strong capital efficiency, backed by the defence capex pipeline. But even as the cannons boom, some see smoke Shami, EVP and Senior Portfolio Manager at OmniScience Capital, warned that valuations have gone into combat mode. 'The Nifty India Defence index has rallied more than 60% from the Feb 25 bottom and currently trades at a P/E of 61,' Shami said, comparing it to the overheated July 2024 levels when the index traded at 73x earnings before a 38% fall. 'From a long-term horizon, we continue to believe in the defence theme as a potentially high-growth opportunity. We expect the defence budget to continue to expand, and the Indian defence players continue to enhance their capabilities across land, air, sea, and cyber domains. We believe in having a broad-based approach to take exposure to the defence theme. We find reasonable valuations in some of the DPSUs, strategic resource companies and select engineering & logistics firms. From a long-term investment viewpoint, follow valuation discipline, ignore hysteria and avoid momentum traps,' he said. Also read | War drums with Pakistan may force FIIs to hit brakes after Rs 50,000 crore buying spree Geojit's Anand James flagged technical exhaustion as well. 'The average daily RSI has surged past 70, entering the overbought zone. Stocks like GRSE, Mazagon Dock, Data Patterns, and BDL could be vulnerable to profit booking,' he said, though he noted that Cochin Shipyard and BEL could benefit from sectoral rotation. Speaking of Cochin Shipyard, not everyone is sold on its rally. Kotak Institutional Equities, in a notably cautious note, maintained a Sell rating. 'Cochin Shipyard results came in line, but the lack of naval orders remains a concern,' Kotak said. 'Ship repair orders for INS Vikrant and Vikramaditya have been key to CSL's performance, but these contracts are one-time in nature.' The firm added that possible tie-ups with global names like Maersk or Drydocks World could act as a catalyst, but for now, it has pegged the fair value at Rs 850. So, where does this leave investors? Trapped in the crossfire between explosive optimism and valuation anxiety. The fundamentals remain formidable: A rising defence budget, Make-in-India momentum, and the geopolitical necessity of arming smarter and faster. But as always in the markets, even the sharpest weapons can misfire when fired at the wrong price. As Shami summed up: 'Follow valuation discipline. Ignore hysteria.' (Data: Ritesh Presswala) (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
19-05-2025
- Business
- Time of India
Defence stocks detonate in Rs 1.8 lakh crore boom. Is a ceasefire on the charts?
With investors expecting a fresh wave of orders in the wake of Operation Sindoor , where India's indigenous missiles and desi drones danced past Pakistan's radars while our own airspace stood shielded with clinical precision, defence stocks have rallied by a jaw-dropping Rs 1.8 lakh crore from May 9. Drone-maker ideaForge Technology has led the sortie, soaring 56% (from May 8), while warship-builders Cochin Shipyard and GRSE have cruised ahead with 41% and 40% gains from May 9, respectively. Investors are betting that the government will respond to the success of indigenous weaponry on the battlefield with a fresh barrage of defence orders. The situation also opens a new frontier: exports. The numbers back the optimism. Alongside ideaForge's 56%, Mishra Dhatu Nigam , Zen Technologies , Paras Defence , and Data Patterns have all jumped over 30%. Defence PSU heavyweight HAL , the maker of Tejas jets and Dhruv helicopters, is up 16%. But for those tracking the sector's longer arc, the Sindoor spark is just the latest chapter. Between July 2022 and July 2024, the Nifty Defence index clocked a blistering 350% rally, only to crash 38% by February 2025 as markets turned cautious. Operation Sindoor has now reignited that fire—and how. Also read | Markets don't lie! Stock tickers in Shenzhen, Mumbai expose Pakistan's claims of victory According to Sanjeev B Zarbade of Antique, 'We continue to be positive on the Indian defence shipyards sector given strong order outlook, a robust policy framework favouring indigenisation, and substantial government investment.' Zarbade points to the Rs 8.45 lakh crore in Defence Acquisition Council (DAC) approvals between FY22–25, which is over 3.3x the amount cleared in the previous three years. The coming years could be flush with even bigger orders. 'We expect significant order inflows in FY26–27 for defence shipyards,' Zarbade said. The pipeline includes eight next-gen destroyers under Project 18 worth Rs 800 billion, and 12 submarines under Project 76 that could cost Rs 1,200–1,500 billion. India is also expected to firm up plans for a third aircraft carrier by 2028, with deployment eyed for 2038. Brokerage Jefferies has loaded up on optimism, maintaining Buy ratings on HAL (target Rs 4,715), Data Patterns (Rs 2,690), and BEL (Rs 325). The house expects robust double-digit EPS growth and strong capital efficiency, backed by the defence capex pipeline. But even as the cannons boom, some see smoke signals. Ashwini Shami, EVP and Senior Portfolio Manager at OmniScience Capital, warned that valuations have gone into combat mode. 'The Nifty India Defence index has rallied more than 60% from the Feb 25 bottom and currently trades at a P/E of 61,' Shami said, comparing it to the overheated July 2024 levels when the index traded at 73x earnings before a 38% fall. 'From a long-term horizon, we continue to believe in the defence theme as a potentially high-growth opportunity. We expect the defence budget to continue to expand, and the Indian defence players continue to enhance their capabilities across land, air, sea, and cyber domains. We believe in having a broad-based approach to take exposure to the defence theme. We find reasonable valuations in some of the DPSUs, strategic resource companies and select engineering & logistics firms. From a long-term investment viewpoint, follow valuation discipline, ignore hysteria and avoid momentum traps,' he said. Also read | War drums with Pakistan may force FIIs to hit brakes after Rs 50,000 crore buying spree Geojit's Anand James flagged technical exhaustion as well. 'The average daily RSI has surged past 70, entering the overbought zone. Stocks like GRSE, Mazagon Dock, Data Patterns, and BDL could be vulnerable to profit booking,' he said, though he noted that Cochin Shipyard and BEL could benefit from sectoral rotation. Speaking of Cochin Shipyard, not everyone is sold on its rally. Kotak Institutional Equities, in a notably cautious note, maintained a Sell rating. 'Cochin Shipyard results came in line, but the lack of naval orders remains a concern,' Kotak said. 'Ship repair orders for INS Vikrant and Vikramaditya have been key to CSL's performance, but these contracts are one-time in nature.' The firm added that possible tie-ups with global names like Maersk or Drydocks World could act as a catalyst, but for now, it has pegged the fair value at Rs 850. So, where does this leave investors? Trapped in the crossfire between explosive optimism and valuation anxiety. The fundamentals remain formidable: A rising defence budget, Make-in-India momentum, and the geopolitical necessity of arming smarter and faster. But as always in the markets, even the sharpest weapons can misfire when fired at the wrong price. As Shami summed up: 'Follow valuation discipline. Ignore hysteria.' (Data: Ritesh Presswala) ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
