Data Patterns (India) Ltd
This has reference to our earlier communication bearing letter no.SEC/SE/121/2025-26 dated March 15, 2026 on the intimation of receipt of a contract for a value of Rs.279 Crore for supply ....
ORDERS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 15 Mar 2026, 09:45 PM IST · BSE ID: 5ce8de70-539c-4c78-a554-f8e382677bdd
View Original BSE Filing (PDF)
💡
In Simple Terms
The company corrected its weather radar order — it is actually worth Rs. 288 Crore for 32 units, not Rs. 279 Crore for 34 units as earlier stated.
🤖 AI Summary
- Data Patterns corrected order value to Rs. 288 Crore for 32 Doppler Weather Radars
- Indian Metrological Department awarded domestic contract to supply weather radar equipment
- Original filing stated Rs. 279 Crore for 34 units — figures corrected via corrigendum today
- No promoter group interest in awarding entity; not a related party transaction
- Execution timeline follows contract terms; material disclosure under Reg 30 LODR
🔢 Key Numbers — exact figures from BSE filing, not rounded
Corrected Order Value
Rs. 288 Crore
Corrected Unit Quantity
32 units
Original (Incorrect) Order Value
Rs. 279 Crore
Original (Incorrect) Unit Quantity
34 units
Awarding Entity
Indian Metrological Department
🏢 How This Affects the Company
Contract value confirms Rs. 288 Crore domestic order from Indian Metrological Department, expanding company's defense and weather systems portfolio. Adds to secured order backlog for meteorological infrastructure.
Rs. 288 Crore order recognized as material revenue stream. Contract execution follows customer specification timeline, affecting cash flow timing and working capital requirements.
Supply of 32 Doppler Weather Radars requires manufacturing capacity, quality assurance, and delivery logistics. Execution scope and timeline are contractually defined.
👥 What This Means For Shareholders
✅
Action Required
No action required. Filing is informational corrigendum correcting earlier material disclosure.
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Who Is Affected
All shareholders holding Data Patterns equity. Order value correction affects revenue guidance credibility and order book assessment. No differential shareholder impact.
🔍
Management Signal
Corrigendum filing demonstrates commitment to accuracy in material disclosures but reveals initial reporting control weakness requiring remediation.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Order execution status updates — track quarterly progress in supply and delivery of 32 radar units
Revenue recognition schedule — monitor when Rs. 288 Crore is booked across quarters based on delivery milestones
Internal control audit findings — follow management commentary on corrigendum cause and remediation measures
LOW RISK
Corrigendum corrects factual errors in domestic government order. No contract execution, regulatory, or counterparty risk signaled. Internal reporting control gap noted.
💡 Investor Takeaway
Data Patterns corrected order value to Rs. 288 Crore (32 units) from initially stated Rs. 279 Crore (34 units). Indian Metrological Department contract confirmed domestic, non-related party. Execution timeline contractually defined. No promoter conflict of interest.
⚖️ Strengths & Concerns
✅ Positives
- Large domestic government contract at Rs. 288 Crore reduces export dependency and ensures payment certainty from credible buyer
- No related party involvement; transaction at arm's length with clear governance and independent buyer evaluation
⚠️ Concerns
- Corrigendum indicates internal control gap — initial filing contained factual errors in order value and quantity disclosed to exchanges
- Execution timeline unspecified in filing — only states 'as per contract', creating visibility gap for investors on revenue recognition schedule
📅 Company Track Record
Data Patterns filed order win announcement on March 15, 2026 (SEC/SE/121/2025-26) stating Rs. 279 Crore for 34 Doppler Weather Radars from Indian Metrological Department. Same day, company filed corrigendum (SEC/SE/122/2025-26) correcting both value and quantity to Rs. 288 Crore for 32 units due to inadvertent error in initial communication.
Based on publicly available historical data. For context only.