Cyient Ltd

EBIT improved by 9.5% quarter-on-quarter (QoQ) to Rs 201.2 crore while EBIT margin expanded by 20 basis points QoQ to in June 2026 quarter. Profit before tax in Q1 FY27 stood at Rs 171.1 crore, up by 80.1% from Rs 95 crore in Q4 FY26. Krishna Bodanapu, executive vice chairman and managing director, Cyient, said: Q1 FY27 marks a strong start to the year for Cyient Group, reinforcing the underlying strength of our business and the tangible results of the investments we have made over the last few quarters. Cyient Semiconductors delivered a strong quarter, achieving its fifth consecutive quarter of organic growth in the core business, while successfully advancing the integration of Kinetic Technologies. The quarter also marked the completion of a fundraise with EAAA India Alternatives Ltd (Edelweiss) at a post-money valuation of $500 million, a strong vote of confidence in our strategy and a foundation to invest in growth, scale our platform, and capitalize on a rapidly expanding pipeline. Cyient DLM also had a strong start to the year, the highest-ever order book, healthy revenue growth, and sustained double-digit EBITDA margins, reinforcing our confidence in delivering long-term value to all our stakeholders. Cyient DET delivered steady performance during the quarter, with good growth in key segments such as Transportation and Connectivity, healthy order intake backed by a strong pipeline, and continued investments in strengthening our AI capabilities to drive scalable, domain-led growth. During the quarter, we also successfully completed our share buyback program through the tender offer route, with the promoter group, directors, and key managerial personnel choosing not to participate ' reinforcing their continued confidence in the long-term value of the company. Cyient is a global lifecycle engineering company powering mission-critical industries from design to aftermarket across products, plants, and networks. The scrip had advanced 1.12% to end at Rs 840 on the BSE on Friday. Powered by Capital Market - Live

Net profit of Cyient declined 32.31% to Rs 104.10 crore in the quarter ended June 2026 as against Rs 153.80 crore during the previous quarter ended June 2025. Sales rose 21.26% to Rs 2075.70 crore in the quarter ended June 2026 as against Rs 1711.80 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales2075.701711.80 21 OPM %12.6513.33 - PBDT247.80281.60 -12 PBT171.10213.60 -20 NP104.10153.80 -32 Powered by Capital Market - Live

Cyient will hold a meeting of the Board of Directors of the Company on 23 July 2026.

Cyient has fixed 17 June 2026 as record date for the purpose of determining the entitlement and the names of equity shareholders who are eligible to participate in the buyback.

Cyient announced that the 35th Annual General Meeting(AGM) of the company will be held on 1 July 2026.

Cyient has entered into a definitive agreement to acquire 100% stake in Tao Digital Solutions Inc., a company incorporated in USA, subject to customary closing conditions. The acquisition includes cash consideration, including upfront payment and performance-linked earnout. The transaction implies an enterprise value of US$ 218 million, i.e., ~9.5x CY27E EBITDA, excluding management incentives, and retention schemes. The deal is expected to close on or before 30 September 2026. Tao Digital Solutions Inc. is a global digital engineering firm focused on data, product, and AI-led services, with strengths in data platforms, AI-enabled solutions, and cloud services.

Cyient Semiconductors today announced a strategic financing transaction with funds managed by EAAA India Alternatives (Edelweiss) and affiliated co-investors. The transaction includes an equity investment of approximately USD 10 Mn (Rs 100 crore) at a post-money equity valuation of USD ~500 Mn (Rs 4600 crore), alongside structured debt capital, enabling the company to strengthen its capital structure and support the continued scale-up of its global semiconductor business. The transaction is subject to definitive agreements and customary closing conditions. The equity investment is alongside a USD 20 Mn in structured debt designed to support long-duration growth. The combined ~ USD 30 Mn will be deployed across three strategic priorities: advancing the company's product R building in-house semiconductor validation and testing infrastructure in India to strengthen development and qualification capabilities; and supporting working capital requirements as Cyient Semiconductors scales larger, longer-cycle global customer programs.

Cyient Semiconductors launched seven new gallium nitride (GaN) power devices for the Indian market, developed using Navitas Semiconductor's (Nasdaq: NVTS) industry leading GaN technology. The launch marks Cyient Semiconductors' first commercial GaN product family and a major milestone in advancing India's domestic power semiconductor ecosystem. The new portfolio is designed to address the rapidly growing demand for high-efficiency, high-power-density solutions across AI data centers, telecommunications, consumer fast charging, industrial power systems, and e-mobility platforms. Building on the strategic collaboration announced in December 2025, the partnership enables customers in India to access commercially available GaN power solutions with enhanced local support, supply assurance, and alignment with emerging domestic sourcing initiatives. Under the agreement, Cyient Semiconductors will license Navitas's proven GaN technology for use in India, accelerating the adoption of high-performance GaN solutions across a broad range of markets. In addition, Cyient Semiconductors will serve as a second source for select Navitas GaN devices already in mass production and strengthening supply chain resilience. Compared to traditional silicon devices, GaN power semiconductors enable significantly higher switching speeds, lower conduction losses, and improved thermal efficiency. These advantages allow system designers to reduce power losses, shrink solution size, simplify thermal management, and increase overall system performance. Cyient Semiconductors' initial GaN portfolio targets power applications up to 650 V, including consumer USB-PD chargers, laptop and mobile adapters; AC-DC power supplies; AI data center and telecommunications power systems; and e-mobility charging platforms. Looking ahead, Cyient Semiconductors plans to expand its GaN portfolio through partnerships with local OSATs. Over time, the licensing agreement with Navitas Semiconductor is expected to enable the domestic manufacturing of GaN power devices in India.

Cyient has allotted 3,140 equity shares to associates of the company upon exercise of stock options under Plan ASOP 2015 and ARSUS 2020.

The Board of Cyient at the meeting held on 23rd April 2026 has considered the Final Dividend for the financial year 2025-26 and has not recommended any Dividend.