Data Patterns has agreed to acquire ST Advanced Composites for ₹10 crore, a strategic move designed to bring the production of composite parts in-house for its radar and other defence programmes.
The company’s board of directors approved the transaction, signalling a push toward greater vertical integration in its aerospace and defence electronics supply chain.
The acquisition comes as Data Patterns reported a 14% decline in net profit for the first quarter, with earnings settling at ₹22 crore.
The acquisition comes as Data Patterns reported a 14% decline in net profit for the first quarter, with earnings settling at ₹22 crore.
The dip in profitability underscores the operational pressures facing the firm, even as it invests in long-term capability building through targeted M&A.
By internalising the manufacturing of composite components, Data Patterns aims to reduce reliance on external suppliers for critical parts used in its radar systems.
This shift is likely to improve supply chain resilience and potentially lower costs over time, though the immediate impact on margins remains to be seen.