ALFA Finder| Revenue growth | 10.6% YoY growth in INR terms; -0.5% QoQ constant currency. |
|---|---|
| Margins | Normalized DET EBIT margin up 79 bps QoQ to 13.2%. |
| Order book | Record order book for Cyient DLM with 1.5+ book-to-bill ratio. |
| Demand visibility | Strong in transportation and connectivity; cautious in energy and discretionary projects. |
| Management confidence | Balanced but cautious regarding discretionary spending and revenue ramp-up timelines. |
Growth
Revenue grew 10.6% YoY in INR terms but declined 0.5% QoQ in constant currency.
Outlook
EBIT margin goal of 15% delayed from Q4 FY27 to H1 FY28 due to slower revenue ramp-up.
Risks
Energy segment contraction and geopolitical disruptions in West Asia causing discretionary spending delays.
Last quarter's promises, checked
Delivered
- Guided 40-50% dividend payout → delivered 16 INR final dividend (= BEAT)
- Guided double-digit DLM profitability → delivered 10.3% (= BEAT)
- Guided semiconductor revenue growth → delivered $7.2M (5% sequential growth) (= BEAT)
Partly delivered
- Guided mid-to-high single-digit organic growth → delivered -0.5% QoQ CC (= PARTIAL)
Missed
- Guided 15% EBIT margin by Q4 FY27 → delayed to H1 FY28 (= MISS)
Earnings Call Transcript filed with NSE, NSE: CYIENT. Summary written with AI assistance from the document.
Cyient Ltd: key numbers
- Share price
- ₹1,104.30
- Market cap
- ₹12,271 Cr
- Revenue (annual)
- ₹7,268 Cr
- Net profit (annual)
- ₹427.9 Cr
- P/E (TTM)
- 33.0×Sector 23.6×
- Promoter holding
- 24.76%+1.48% QoQ
- FII holding
- 14.72%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Cyient Ltd
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Cyient Earnings Call Transcript: Key Takeaways
Cyient delivered solid sequential growth led by robust performance in DET and DLM segments, bolstered by the integration of Thau Digital.
Cyient Acquisition Worth ₹0.01 Cr
Cyient Ltd will acquire the remaining 49% stake in subsidiary CSSPL for ₹0.01 Crore, making it a wholly-owned subsidiary.
- Value
- ₹0.01 Cr
- Execution
- 120 days
Cyient Results Update
Cyient reported its Q2 FY27 financial performance showing revenue and EBIT growth. The board also declared an interim dividend of ₹12 per share.
Cyient Employee Stock Options
Cyient Limited has announced the grant of 23,000 stock options and 26,400 restricted stock units to its associates.