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Earnings Call

Cyient DLM Earnings Call: Key Takeaways

Cyient DLM reported Q4 FY26 revenue of ₹3,691M and EBITDA of ₹431M (11.7% margin). Management focuses on transitioning from a manufacturing partner to a value-adding strategic partner with a record order book.

Highlights
MarginsSustaining double-digit EBITDA margins; 11.7% in Q4 FY26.
Order bookRecord ₹24,166M; includes ₹0.5B sales pipeline.
Demand visibilityStrong visibility for FY27; book-to-bill ratio of 1.5x for FY26.
Management confidenceHigh confidence for FY27 growth backed by record order book.

Growth

FY26 revenue stood at ₹12,615M, down 17% YoY. However, reported PAT increased 7.7% YoY to ₹733M.

Outlook

Record order book of ₹24,166M provides strong visibility for FY27; targeting 100-120 net working capital days.

Risks

Geopolitical uncertainties in West Asia impacted supply chains and delivery schedules in Q4.

Source

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

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Cyient DLM Ltd: key numbers

Share price
₹931.40
Market cap
₹7,394 Cr
Revenue (annual)
₹1,261 Cr
Net profit (annual)
₹73.28 Cr
P/E (TTM)
90.0×Sector 41.4×
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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US step-down subsidiary renamed from Altek Electronics Inc to Cyient DLM Electronics Inc for brand alignment. No change to ownership, operations, assets, or legal status.