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Earnings Call

Cyient DLM Earnings Call: Key Takeaways

Cyient DLM reported a revenue decline of 13.8% YoY for Q4, though margins remained healthy above 10%. Growth was hit by geopolitical delays and a high base effect, despite a record-high order book.

Highlights
Revenue growthRevenue fell 13.8% YoY in Q4; full-year revenue down 17%.
MarginsEBITDA margins sustained at 10%+, reflecting improved business mix.
Order bookRecord backlog; book-to-bill ratio of 1.5x for the year.
Demand visibilityStrong visibility through a record order book of ₹24.2 billion.
Management confidenceBalanced confidence despite temporary headwinds, citing record order backlog.

Growth

Growth quality is questionable with 17% annual revenue decline, primarily due to large order completions.

Outlook

Order book at ₹24.2 billion provides visibility; management expects growth in FY27.

Risks

Geopolitical disruption in West Asia and supply chain volatility remain key execution risks.

Source

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

Read the document ↗

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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