Cyient DLM Ltd

Cyient DLM has allotted 18,972 equity shares to associates of the Company on 04 June 2026 upon exercise of stock options under Cyient DLM RSU plan 2023.

Revenue from operations jumped 21.66% QoQ to Rs 369.08 crore in the quarter ended 31 March 2026. However, on a year-on-year (YoY) basis, performance remained weaker, with net profit declining 27.70% and revenue falling 13.77% compared to Q4 FY25. Profit before tax (PBT) stood at Rs 31.68 crore, rising 112.47% QoQ but declining 23.97% YoY. EBITDA came in at Rs 43.1 crore, up 39.48% sequentially but down 24.91% YoY. EBITDA margin improved to 11.7% from 10.2% in Q3 FY26, though it was lower than 13.4% in Q4 FY25. The company's order book stood at Rs 2,416.6 crore, marking a 2.86% QoQ increase and 26.78% YoY growth, indicating steady demand visibility. Cyient DLM, a subsidiary of Cyient, is one of the leading integrated electronic manufacturing services (EMS) and solutions providers with capabilities across the value chain and the entire life cycle of a product.

Net profit of Cyient DLM declined 27.71% to Rs 22.44 crore in the quarter ended March 2026 as against Rs 31.04 crore during the previous quarter ended March 2025. Sales declined 13.78% to Rs 369.08 crore in the quarter ended March 2026 as against Rs 428.06 crore during the previous quarter ended March 2025. For the full year,net profit rose 7.64% to Rs 73.28 crore in the year ended March 2026 as against Rs 68.08 crore during the previous year ended March 2025. Sales declined 16.99% to Rs 1261.49 crore in the year ended March 2026 as against Rs 1519.63 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales369.08428.06 -14 1261.491519.63 -17 OPM %11.6713.41 -10.059.03 - PBDT42.5752.14 -18 135.91125.79 8 PBT31.6841.67 -24 93.1691.72 2 NP22.4431.04 -28 73.2868.08 8 Powered by Capital Market - Live

Revenue from operations jumped 21.66% QoQ to Rs 369.08 crore in the quarter ended 31 March 2026. However, on a year-on-year (YoY) basis, performance remained weaker, with net profit declining 27.70% and revenue falling 13.77% compared to Q4 FY25. Profit before tax (PBT) stood at Rs 31.68 crore, rising 112.47% QoQ but declining 23.97% YoY. EBITDA came in at Rs 43.1 crore, up 39.48% sequentially but down 24.91% YoY. EBITDA margin improved to 11.7% from 10.2% in Q3 FY26, though it was lower than 13.4% in Q4 FY25. The company's order book stood at Rs 2,416.6 crore, marking a 2.86% QoQ increase and 26.78% YoY growth, indicating steady demand visibility. Cyient DLM, a subsidiary of Cyient, is one of the leading integrated electronic manufacturing services (EMS) and solutions providers with capabilities across the value chain and the entire life cycle of a product. The counter rallied 3.52% to end at Rs 357.70 on the BSE.

Cyient DLM will hold a meeting of the Board of Directors of the Company on 21 April 2026.

On a year on year (YoY) basis, the company's consolidated net profit increased 2.18% while revenue from operations declined 31.72% in Q3 FY26. Profit before tax (PBT) stood at Rs 14.90 crore, down 0.67% YoY. The quarter reflected the financial impact of customer side slowdowns and certain one off items that are temporary in nature. Despite this, the company delivered a sustained double digit EBITDA margin supported by a healthy revenue mix. After adjusting for one- offs costs, M&A cost of Rs 1.77 crore & Wage code impact of Rs 1.64 crore , PAT (normalised) for Q3 stood at Rs 13.84 crore, representing 4.6% of revenues, an increase of 73bps YoY. EBITDA (normalised) came in at Rs 30.94 crore for Q3, with a 10.2% margin, reflecting a 207bps improvement YoY. During the quarter, the order book stood at Rs 2,349.4 crore, registering the growth of 9.64% compared with Rs 2,142.9 crore in Q3 FY25. During the quarter, the company secured new program wins across medical, industrial, aerospace, and mobility sectors with a total order intake of Rs 387 crore, and volume ramp-ups are expected in Q4. It also added two new logos in high reliability electronics manufacturing, strengthening its Medical and Industrial segments. Rajendra Velagapudi, MD and CEO of Cyient DLM, stated that the company remains firmly focused on execution, customer value, and operational rigor. He noted that while near term challenges are being addressed with targeted actions, Cyient DLM continues to build a resilient foundation for sustainable long term growth. As part of this commitment, the company is strengthening its global reach through the addition of sales leaders across key geographies and a more focused go to market approach, aligning business development, engineering, and delivery teams closely with industry verticals to drive sharper customer focus. Cyient DLM, a subsidiary of Cyient, is one of the leading integrated electronic manufacturing services (EMS) and solutions providers with capabilities across the value chain and the entire life cycle of a product.Powered by Capital Market - Live

Net profit of Cyient DLM rose 2.18% to Rs 11.23 crore in the quarter ended December 2025 as against Rs 10.99 crore during the previous quarter ended December 2024. Sales declined 31.71% to Rs 303.35 crore in the quarter ended December 2025 as against Rs 444.24 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales303.35444.24 -32 OPM %9.076.33 - PBDT25.6825.03 3 PBT14.9115.01 -1 NP11.2310.99 2 Powered by Capital Market - Live

Cyient DLM will hold a meeting of the Board of Directors of the Company on 20 January 2026.Powered by Capital Market - Live

Cyient DLM has approved the appointment of Mr. R M Subramanian as the Chief Financial Officer (CFO) and Key Managerial Person (KMP) of the company effective 24 October 2025, upon the transition of Mr. Shrinivas Kulkarni from his present role to assume a strategic role within the Cyient Group.Powered by Capital Market - Live

However, revenue from operations fell 20.23% YoY to Rs 310.63 crore in the quarter ended 30 September 2025. Profit before tax stood at Rs 36.48 crore in Q2 FY26, up 74.62% as compared with Rs 20.89 crore in Q2 FY25. During the quarter, EBITDA stood at Rs 31.2 crore, registering de-growth of 1.26% as compared with Rs 31.6 crore in Q4 FY24. EBITDA margin improved to 10% in Q2 FY26 as against 8.1% recorded in the corresponding quarter last year. Free Cash Flow stood at Rs 27 crores in Q2, marking four consecutive quarters of positive cash flow and reflecting strong cash generation despite one-time land acquisition costs in Q2 On a half-year basis, the company's net profit soared 52.01% to Rs 39.60 crore, while revenue fell 9% to Rs 589.06 crore in H1 FY26 over H1 FY25. H1 order intake crossed Rs 1,000 crore, representing a 130% YoY growth. Rajendra Velagapudi, MD & CEO of Cyient DLM, said, Our profitability has improved significantly this quarter, reflecting the disciplined execution and strategic choices we have made this year. We continue to strengthen our capabilities, expand our customer base, and build a robust pipeline. Order intake has seen a 130% YoY growth in H1, and the pipeline of large deals in advanced stages are expected to drive future growth. During the quarter, Cyient DLM added two strategic customers, a Japanese eVTOL company focused on next-generation mobility and an EV charging solutions provider, both aligned with the rapidly evolving electric mobility ecosystem. This expansion is in line with Cyient DLM's strategy to diversify, particularly around the automotive and electric vehicle domains. Buildto-Spec (B2S) elements in the programs underscore the company's growing role as a partner in end-to-end product realization, from design and engineering to manufacturing. Cyient DLM continues to leverage its deep engineering expertise and manufacturing capabilities to support new-age technologies, integrating advanced electronics, power systems, and connectivity solutions that enable cleaner and smarter mobility. The company continues to diversify its portfolio, with Box-Build solutions driving healthy contribution from global markets outside India. Cyient DLM demonstrated operational resilience with stable EBITDA performance and improved material cost ratios, driven by supply chain efficiencies and favourable mix. The firm also secured a few major B2S projects during the quarter, which are expected to progress into the next phase of development in the near term. The company continues to invest in enhancing its B2S capabilities, integrating advanced design, testing, and certification competencies to serve complex requirements in high-reliability sectors. The company continues to strengthen its go-to-market (GTM) approach, aligning business development, engineering, and delivery teams more closely to industry verticals for sharper customer focus. The company is also pursuing opportunities to expand its global footprint, leveraging its strong presence in India and the U.S. to serve strategic customers across A&D, Industrial, Medical, and Automotive sectors. Cyient DLM, a subsidiary of Cyient, is one of the leading integrated electronic manufacturing services (EMS) and solutions providers with capabilities across the value chain and the entire life cycle of a product. Powered by Capital Market - Live