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Earnings Call

Cyient DLM Earnings Call: Key Takeaways

Cyient DLM reported FY26 revenue of ₹12,615 Mn with a shift towards its 'SET' strategy (Strengthen-Expand-Transform) focusing on Aerospace and Defense.

Highlights
Revenue growthFY26 -17.0% YoY; Q4 -13.8% YoY.
MarginsEBITDA margins remained double-digit (10.1% reported) despite revenue pressure.
Order book₹24,166 Mn; highest in last 10 quarters.
Demand visibilityStrong; consistent Book-to-Bill ratio >1 in all 4 quarters.
Management confidenceHigh; citing record order intake 1.5x FY26 revenues.

Growth

FY26 revenue fell 17% YoY; however, Q4 EBITDA and PAT reached 4-quarter highs at ₹431 Mn and ₹224 Mn.

Outlook

Targeting vertical integration and M&A in Europe Defense (2027-2029) and product platforms play by 2032.

Risks

Revenue volatility due to large order completions in FY25; material costs impacted by product mix changes.

Source

Earnings Call filed with NSE, NSE: CYIENTDLM. Summary written with AI assistance from the document.

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Cyient DLM Ltd: key numbers

Share price
₹917.95
Market cap
₹7,287 Cr
Revenue (annual)
₹1,261 Cr
Net profit (annual)
₹73.28 Cr
P/E (TTM)
88.8×Sector 40.2×
Promoter holding
52.11%-0.01% QoQ
FII holding
0.24%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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