Cyient DLM Ltd

Announced during Aero India 2025, Cyient DLM, an integrated partner for design-led manufacturing, has been awarded a strategic Avionics manufacturing program by Thales, a global technology leader. Under this collaboration, Cyient DLM will manufacture high-reliability Printed Circuit Board Assemblies (PCBAs) for Thales's next-generation flight avionics systems, further strengthening its position as a trusted manufacturing partner in the global Aerospace & Defense ecosystem. These mission-critical PCBAs will be deployed in leading commercial aircraft platforms, reinforcing Cyient DLM's expertise in high-reliability electronics. Anthony Montalbano, CEO, Cyient DLM, said, We are honoured to have been chosen by Thales for this prestigious program. This collaboration highlights Cyient DLM's strong capabilities in delivering high-reliability electronics for the aerospace industry, and we look forward to supporting Thales with world-class manufacturing solutions.Powered by Capital Market - Live

This contract with Boeing is a significant achievement for Cyient DLM, showcasing our advanced manufacturing capabilities and unwavering commitment to excellence, the company said in a regulatory filing. Anthony Montalbano, CEO, Cyient DLM, said, 'This contract with Boeing is a significant achievement for Cyient DLM, showcasing our advanced manufacturing capabilities and unwavering commitment to excellence. We are honored to collaborate with Boeing, a global leader in aerospace, and we look forward to strengthening this relationship by consistently delivering products that meet the highest industry standards.' 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 company's consolidated net profit dropped 40.4% to Rs 10.99 crore in Q3 FY25 as compared with Rs 18.44 crore in Q3 FY24. Revenue from operations jumped 38.37% YoY to Rs 444.23 crore during the quarter.Powered by Capital Market - Live

Cyient DLM as part of its ongoing commitment to Corporate Social Responsibility (CSR), continues to make significant strides in improving education and supporting community development in India. In its latest initiative, the company helped improve student well-being by upgrading the sanitation facilities and safeguarding the school buildings' by providing rooftop waterproofing solutions at their adopted Government Higher Primary Schools in Mysuru's Bastipura and Kumbarakoppal areas. The newly upgraded facilities were officially inaugurated at a ceremony attended by the senior leadership from Cyient DLM and Cyient. The event highlighted the company's dedication to driving positive social change in the regions surrounding its operations. The leadership team, including Suchitra Royroth, Head of Business Excellence at Cyient DLM, Krishna Deevi, Head of CSR at Cyient, and Neeraja Polisetty, Head of HR at Cyient DLM, engaged with the children and also witnessed the direct impact of the infrastructure upgrades will have on over 700 students in the area.Powered by Capital Market - Live

Kaynes Technology India Ltd, Netweb Technologies India Ltd, Elecon Engineering Company Ltd and India Cements Ltd are among the other losers in the BSE's 'A' group today, 22 January 2025.Cyient DLM Ltd crashed 13.33% to Rs 517 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 2.36 lakh shares were traded on the counter so far as against the average daily volumes of 13818 shares in the past one month.Kaynes Technology India Ltd lost 11.36% to Rs 5304.3. The stock was the second biggest loser in 'A' group.On the BSE, 1.04 lakh shares were traded on the counter so far as against the average daily volumes of 23824 shares in the past one month.Netweb Technologies India Ltd tumbled 10.85% to Rs 1911.7. The stock was the third biggest loser in 'A' group.On the BSE, 1.34 lakh shares were traded on the counter so far as against the average daily volumes of 21004 shares in the past one month.Elecon Engineering Company Ltd slipped 9.39% to Rs 548.5. The stock was the fourth biggest loser in 'A' group.On the BSE, 58001 shares were traded on the counter so far as against the average daily volumes of 23734 shares in the past one month.India Cements Ltd shed 9.39% to Rs 315.6. The stock was the fifth biggest loser in 'A' group.On the BSE, 5.24 lakh shares were traded on the counter so far as against the average daily volumes of 1.02 lakh shares in the past one month.Powered by Capital Market - Live

The headline equity benchmarks traded with moderate gains in mid-morning trade. The Nifty traded above the 23,050 mark. IT shares advanced after declining in the past trading session. The market is expected to be volatile today due to the announcement of earnings results from major heavyweight Nifty stocks including HDFC Bank, Hindustan Unilever, and Bharat Petroleum Corporation. At 11:30 IST, the barometer index, the S&P BSE Sensex, rose 251.32 points or 0.33% to 76,089.67. The Nifty 50 index added 42.20 points or 0.18% to 23,067.05. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index dropped 1.76% and the S&P BSE Small-Cap index fell 1.97%. The market breadth was weak. On the BSE, 964 shares rose and 2,719 shares fell. A total of 163 shares were unchanged. IPO Update: The initial public offer (IPO) of Denta Water and Infra Solutions received bids for 1,92,84,450 shares as against 52,50,000 shares on offer, according to stock exchange data at 11:15 IST on 22 January 2024. The issue was subscribed to 3.67 times. The issue opened for bidding on 22 January 2024 and it will close on 24 January 2024. The price band of the IPO is fixed between Rs 279 and Rs 294 per share. An investor can bid for a minimum of 50 equity shares and in multiples thereof. Buzzing Index: The Nifty IT index jumped 1.21% to 42,204.20. The index dropped 1.07% in the past trading session. Wipro (up 2.70%), Tata Consultancy Services (up 2.26%), Infosys (up 1.87%), Tech Mahindra (up 1.86%), LTIMindtree (up 0.86%), HCL Technologies (up 0.66%) and Mphasis (up 0.14%) advanced. On the other hand, Persistent Systems (down 6.30%), L&T Technology Services (down 0.49%) and Coforge (down 0.23%) edged lower. Stocks in Spotlight: Cyient DLM slumped 12.34% after the company's consolidated net profit dropped 40.4% to Rs 10.99 crore in Q3 FY25 as compared with Rs 18.44 crore in Q3 FY24. Revenue from operations jumped 38.37% YoY to Rs 444.23 crore during the quarter. Tata Technologies slipped 2.20%. The company reported 7.13% jump in consolidated net profit to Rs 168.64 crore in Q3 FY25 as compared with Rs 157.41 crore in Q2 FY25. Revenue from operations rose 1.16% to Rs 1,317.38 crore in Q3 FY25 as compared with Rs 1,296.45 crore in Q2 FY25. Dalmia Bharat added 1.12%. The company reported a consolidated net profit tumbled 76.81% to Rs 61 crore on 11.74% decrease in revenue from operations to Rs 3,181 crore in Q3 FY25. Global Markets: Asian stocks traded mixed on Wednesday, with Chinese stocks falling following comments from President Donald Trump about imposing a 10% tariff on China. After being sworn in, Trump vowed to sign a series of executive orders, including one declaring a national emergency at the U.S.-Mexico border. However, the initial executive actions stopped short of introducing new tariffs on the three largest U.S. trading partners. Instead, the president directed his administration to address unfair trade practices on a global scale, hinting at a more measured approach to trade policy. Wall Street had a decent showing on Tuesday as investors digested the potential impact of Trump's policy announcements. Netflix stole the spotlight with stellar earnings. The Dow Jones Industrial Average rose 1.2% to 44,025.81 points, the S&P 500 climbed 0.9% to 6,049.24 points, while the NASDAQ Composite gained 0.6% to 19,756.7. Netflix Inc. shares surged over 14% in after-hours trading to $993.99, following the announcement of a record-breaking 19 million new subscriber additions in Q4 2024'far exceeding expectations. Meanwhile, President Trump unveiled a $500 billion joint venture named Stargate, involving tech heavyweights like OpenAI, Oracle, SoftBank, Microsoft, NVIDIA, and others. The initiative aims to build advanced AI data centers and energy-generation facilities in Texas over the next four years. This massive collaboration is expected to elevate the U.S.'s AI capabilities to unprecedented levels. Powered by Capital Market - Live

Revenue from operations jumped 38.37% YoY to Rs 444.23 crore during the quarter. Profit before tax (PBT) increased 39.2% YoY to Rs 15.01 crore in Q3 FY24. Adjusted EBITDA stood at Rs 294 crore, registering the growth of 21.9% as compared with Rs 359 crore in Q3 FY24. EBITDA margin fell 109 bps to 8.1% in Q3 FY25 as against 9.2% in the corresponding quarter last year. The orderbook stood at Rs 2,142.9 crore as on 31st December 2024 as compared with Rs 2,294.9 crore as on 31st December 2023 and Rs 1,979 crore as on 30 September 2024. 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 declined 40.40% to Rs 10.99 crore in the quarter ended December 2024 as against Rs 18.44 crore during the previous quarter ended December 2023. Sales rose 38.38% to Rs 444.24 crore in the quarter ended December 2024 as against Rs 321.04 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales444.24321.04 38 OPM %6.339.17 - PBDT25.0330.46 -18 PBT15.0124.69 -39 NP10.9918.44 -40 Powered by Capital Market - Live

Cyient DLM will hold a meeting of the Board of Directors of the Company on 21 January 2025.Powered by Capital Market - Live

Arcedo Systems is a premier provider of integrated renewable energy solutions. As part of this MoU, Arcedo will design, engineer, install, and maintain the solar power plant. The project will operate under a long-term power purchase agreement (PPA), where Cyient DLM will procure solar power generated at the facility. Anthony Montalbano, CEO, Cyient DLM, stated, At Cyient DLM, sustainability is a core pillar of our operational strategy and a key driver of our commitment to creating a positive impact on the environment. This MoU with Arcedo Systems to establish this solar power plant is a significant step forward towards our commitment in reducing our carbon footprint and embracing renewable energy solutions.' 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 company reported consolidated net profit of Rs 15.50 crore in Q2 FY25, up 5.44% as against Rs 15.50 crore posted in Q2 FY24. Revenue from operation was at Rs 389.40 crore in Q2 FY25, registering a growth of 33.44% year on year. The scrip fell 1.69% to currently trade at Rs 698.60 on the BSE. Powered by Capital Market - Live

The company has inked a 16-year program forecast to develop liquid cooling loops that will be used in select applications of Micro VCS. Micro VCS is poised to redefine cabin temperature control. Crafted meticulously while prioritizing sustainability and efficiency, Micro VCS represents a leap forward in shaping the future of aircraft. Anthony Montalbano, CEO, Cyient DLM, said, 'We are honoured to have been selected by Honeywell Aerospace Technologies to work with them on Micro VCS. This strategic collaboration brings to market the collective strengths in aviation technology of Honeywell AT and Cyient DLM, to drive forward the development of Micro VCS.' 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 company reported consolidated net profit of Rs 15.50 crore in Q2 FY25, up 5.44% as against Rs 15.50 crore posted in Q2 FY24. Revenue from operation was at Rs 389.40 crore in Q2 FY25, registering a growth of 33.44% year on year.Powered by Capital Market - Live