| Revenue growth | ASSP segment represents 50-60% of business; rest split between services and ASIC. |
|---|---|
| Margins | ASSP targets 50-60% gross margins; services remain the lowest margin segment. |
| Order book | $100 million qualified ASIC pipeline and L1 bidder for SCL modernization. |
| Demand visibility | Strong tailwinds from India's Semiconductor Mission and global AI infrastructure expansion. |
| Management confidence | Highly optimistic about AI data center power demand and strategic IP positioning. |
Growth
Growth is driven by the Kinetic acquisition and a pivot toward AI data center power solutions and custom ASIC platforms.
Outlook
Targeting EBITDA break-even by late FY27 or early FY28 while scaling a $100 million qualified ASIC pipeline.
Risks
Substantial execution risk exists in the long-cycle R&D transition and potential dilution from aggressive future capital needs.
Earnings Call filed with BSE, NSE: CYIENT. Summary written with AI assistance from the document.
Cyient Ltd: key numbers
- Share price
- ₹1,094.70
- Market cap
- ₹12,164 Cr
- Revenue (annual)
- ₹7,268 Cr
- Net profit (annual)
- ₹427.9 Cr
- P/E (TTM)
- 32.2×Sector 22.1×
- Promoter holding
- 24.70%+1.42% QoQ
- FII holding
- 14.53%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Cyient Ltd
All →Cyient Management Change
Cyient announced Independent Director Nitin Prasad's three-year tenure completed on 21 September 2026. He also ceased from the Nominations and Remuneration Committee.
Cyient Employee Stock Options
Cyient Ltd allotted 6,155 equity shares to its associates upon the exercise of stock options under the ARSUS 2020 plan.
Cyient Annual General Meeting
Cyient Ltd has issued a Postal Ballot notice seeking shareholder approval for the appointment of Mr. Murali Yadama as a Non-Executive Independent Director.
Cyient Capital Structure Change
Bandhan Mutual Fund acquired 36,186 Cyient Limited equity shares in the open market on 3 Sep 2026. Its stake rose to 5.0265% of paid-up capital, triggering a SAST Reg 29(1) non-promoter disclosure.
Cyient Acquisition
Cyient Limited has successfully completed the 100% stake acquisition of Tao Digital Solutions Inc., following its initial announcement regarding the deal on 30 May 2026.
Cyient Merger & Restructuring
Cyient Limited announced the dissolution of its UK-based step-down subsidiary, Blom Aerofilms Ltd, effective September 1, 2026. This closure has no material impact on the company.