Data Patterns shares have surged nearly 55% in 2026 so far, with the defence electronics stock surging over 9% on Monday, 9 November, despite reporting a weak set of Q2 FY27 results. Strong order inflows and management's confidence in a better second half appear to have supported the stock's rally.
The company reported a 57% year-on-year drop in revenue to ₹133 crore for the September quarter, while net profit declined 55% to ₹22 crore. EBITDA margin, however, remained relatively stable at 23.3%.
The decline in revenue and profit was largely due to subdued execution during the quarter. However, a sharp increase in fresh orders provided some support. Data Patterns secured orders worth ₹929.1 crore in Q2 FY27, marking a 475% jump from the corresponding period last year.
The company's order book stood at ₹2,698 crore, with services accounting for 21%, development orders for 36% and production orders for the remaining 43%. While the robust order inflows have improved revenue visibility, execution will be key to converting this pipeline into growth.
According to news reports, during its earnings call, Data Patterns' management expressed confidence in delivering a stronger performance in the second half of FY27, citing its healthy order book and expectations of improved execution.