According to reports from The Financial Express, GRSE's revenue increased from ₹17,544.5 million in FY22 to ₹70,021.6 million in FY26, representing a 41.34% CAGR over four years. The company's growth was driven by execution across large naval programs including P17A Advanced Frigates, Anti-Submarine Warfare Shallow Water Crafts, and Survey Vessels. In contrast, Data Patterns' revenue grew from ₹3,110 million in FY22 to ₹9,250 million in FY26, translating to a 31.32% CAGR. The electronics manufacturer's growth was attributed to products moving from development stage to serial production.
As reported by The Financial Express, GRSE's EBITDA increased from ₹1,050 million in FY22 to ₹7,290 million in FY26, achieving a 62.32% CAGR. The company's PAT grew from ₹1,895.30 million to ₹6,529 million during the same period, representing a 36.24% CAGR. Data Patterns generated EBITDA of ₹3,710 million in FY26 despite its smaller revenue base, with PAT increasing from ₹939.7 million to ₹2,713.7 million, achieving a 30.36% CAGR. The electronics manufacturer maintained higher margins with EBITDA margin of 40.11% compared to 10.4% for GRSE in FY26.
According to The Financial Express, GRSE operates as a Defence Public Sector Undertaking under the Ministry of Defence, primarily catering to Indian Navy and Coast Guard shipbuilding requirements. The company's revenue remains heavily dependent on the domestic defence market with over 95% linked to India, while Data Patterns is a vertically integrated defence and aerospace electronics manufacturer with 90-95% domestic revenue. GRSE's order book stands at ₹135,962.6 million with shipbuilding accounting for around 95%, while Data Patterns maintains a firm order book of ₹9,200 million with an opportunity pipeline of ₹26,540 million including negotiated contracts.
As reported by The Financial Express, GRSE reported strong Q1 FY27 performance with revenue increasing 39% YoY to ₹18,150 million and PAT growing 44% to ₹1,730 million. The company's order book stands at ₹135,962.6 million with shipbuilding accounting for around 95%. Data Patterns showed revenue growth of 17% YoY to ₹1,160 million, but PAT declined 13.2% to ₹221 million due to higher employee costs from adding 82 engineers and customer inspection timing. Data Patterns expects FY27 revenue growth of 20-25% with EBITDA margins normalizing in the 35-40% range.
According to latest market data, Data Patterns India Ltd share price is currently at ₹4,251.3 as of October 1, 2026, showing a 61.59% return over the past year despite a 5.84% decline in the last month. The company's market capitalization stands at ₹23,800.50 crore with a PE ratio of 88.74 and P/B ratio of 310.08. GRSE trades at ₹2,361 per share with a market capitalization of ₹270,450 million, while Data Patterns trades at ₹4,402 per share with a market cap of ₹246,450 million. GRSE trades at 41.4 times earnings compared to Data Patterns at 91.2 times earnings. The P/B ratio stands at 10.3x for GRSE and 14.2x for Data Patterns, while EV/EBITDA multiples are 30.5x and 65.0x respectively.
