2 min read

Data Patterns Moat Analysis: Score & Risks

Moat Note · First-pass

Data Patterns (India) Ltd.

A first-pass moat teardown of Data Patterns (India) Ltd., built from single-pass filing evidence. Free note — provisional, and the full two-pass deep dive may revise it.

Moat & Margin16 Aug 2026 First-pass · ~3 min
5.16 / 10
NARROWIndustrial OEM-led

First-pass narrow read — primary edge in Cost Advantage. Provisional, single-pass evidence.

Provisional score · subject to modification based on new evidence

Data Patterns (India) Ltd. scores 5.16 on MoatSCORE 6.0 — a narrow moat in Capital Goods. This is a first-pass note: the dimensional read and the filing receipts below come from a single GFIP evidence pass, not the full two-pass deep corpus behind our flagship deep dives. Provisional — published free while the deep version is queued.

The teardown

Seven dimensions of moat

Ordered by contribution. Each dimension carries a verified filing quote, graded [M] mechanism or [O] outcome.

D3Cost Advantage6
M · Mechanism Verified verbatim

“unlocking operating leverage across our facilities.”

Data Patterns (India) Ltd. · FY2024-25 Annual Report · p.9
D6Efficient Scale6
M · Mechanism Verified verbatim

“The facility includes an EMS line, clean rooms, board, box and rack level integration capability and environmental testing to cater to the requirements of quality and complex production.”

Data Patterns (India) Ltd. · Annual Report · p.6
D2Switching Costs5.7
M · Mechanism Verified verbatim

“Other than the order book, additional single vendor contracts based on already supplied products, which can fructify into contract this financial year stands at INR1,900 crores.”

Data Patterns (India) Ltd. · Earnings Call · p.4
D4Price Discretion5.5
M · Mechanism Verified verbatim

“and also be competitive in pricing when bidding for defence and aerospace projects”

Data Patterns (India) Ltd. · Annual Report · p.21
D5Intangible Assets4.8
M · Mechanism Verified verbatim

“we have one patent long back, 10 years, 15 years back they did”

Data Patterns (India) Ltd. · Earnings Call · p.18
D1Network Effects4.5
No verified filing quote surfaced for this dimension in the first-pass evidence sweep.
D7Counter-PositioningExcluded
Excluded for this archetype.
D8Ungoverned RiskUnscored · Layer 2.5

D8 rating: ADEQUATE. Not part of the moat score — it governs the cost of equity and the fade window. First-pass; not yet deep-reviewed.

The barrier gate

The barrier gate — first-pass

Replication — can a rival copy it?6.0
How hard it is for a rival to copy the edge (first-pass estimate).
Bypass — can a rival route around it?6.0
How easily a rival can route around the edge (first-pass estimate).

Effective barrier 6 — at or above 6, consistent with a narrow read. First-pass estimate.

What would change our mind
  1. Deep two-pass review. This draft rests on a single GFIP evidence pass; the full 10-year AR + concall corpus may move the read.

  2. The barrier gate. A firmer replication or bypass estimate is the most likely thing to shift the band.

  3. Adverse events. Any governance, regulatory or funding shock captured in D8 could re-rate the fade window.

First-pass note — provisional single-pass MoatSCORE 6.0 read, not the full deep dive. Educational research, not investment advice; no buy/sell recommendation, no price target. Moat & Margin is not a SEBI-registered Research Analyst or Investment Adviser.