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Data Patterns has emerged as a lowest bidder in a tender placed by Hindustan Aeronautics

ICICIdirect Research 22 Jul 2026 DISCLAIMER

News: As per the GeM portal (Government e-marketplace), Data Patterns has emerged as a lowest bidder in a tender placed by Hindustan Aeronautics (HAL) for Buffer amplifier and BITE (Built-In Test Equipment) modules. These components are complex defence electronic components, used in military aircrafts. The contract size is worth ~Rs 1300 crore

View: Data Patterns management also indicated in Q4FY26 earnings call that, company is set to receive one large single-vendor order in 2-3 months. Moreover, the company stated that orders worth ~Rs 1150 crore are in negotiation stages are expected to be received this year. With these contracts once placed, the company's order book will increase significantly to ~Rs 3200 crore (3.5x FY26 revenue), providing strong revenue visibility. Management remains confident of 20-25% revenue growth annually with maintaining healthy margin profile

Impact: Positive

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