Cyient Limited has released its Investor Presentation for the second quarter of FY27. The presentation details financial results, business highlights, and segment performance. Key takeaways include sustained revenue growth across the group, strong order intake in DET, and improved EBIT margins for the DET segment. The company also provided updates on its Semiconductors and DLM businesses.
Cyient Unveils Q2 FY27 Investor Presentation
Cyient Limited has issued its Investor Presentation for the second quarter ending September 30, 2026. The comprehensive document outlines the company’s financial performance, strategic updates, and business segment performance for the period.
Key Financial Highlights
DET Segment Performance
The DET segment reported significant financial activity. Revenue in USD terms was $174.2 million, with a 7.5% quarter-on-quarter (QoQ) increase and a 6.3% year-on-year (YoY) rise. Organic CC revenue grew 1.6% QoQ and 0.4% YoY. EBIT for DET stood at 14.2%, showing a substantial increase of 107 bps QoQ and 206 bps YoY. Profit After Tax (PAT) Normalised was ₹1,535 million, with a PAT margin of 9.3%. Free Cash Flow (FCF) was ₹2,137 million.
Group Financial Performance
On a group level, Cyient reported revenue of $233.9 million, marking a 14.9% YoY growth in USD terms. Revenue in INR terms grew by 25.5% YoY to ₹2,235 crore. EBIT for the group was 10.2%, up 83 bps YoY. PAT for the group was ₹121 crore, down 4.8% YoY. An interim dividend of ₹12 per share was declared.
Business Updates
Cyient Semiconductors
The Semiconductors business experienced 8% QoQ revenue growth, marking the sixth consecutive quarter of sequential growth. Strong order intake for custom ASICs grew 50% QoQ. The company is investing in R&D for AI data center power products, expected to generate revenue in the next fiscal year. Excluding product R&D costs, the core business is EBIT-neutral.
Cyient DLM
DLM achieved a record order book with a book-to-bill ratio exceeding 1.6x, indicating strong revenue visibility. Revenue saw a growth of over 26.5% YoY and over 30% in H1 (YoY) in INR terms, driven by key segments like Aerospace and Industrial.
Cyient DET Business Units
DET’s business units showed varied performance. Transportation & Mobility revenue grew 4.5% QoQ and 16.5% YoY (cc). Networks & Infrastructure and Strategic Units experienced slight declines QoQ in constant currency. TAO Digital’s acquisition is expected to enhance platform software and data engineering capabilities.
Leadership Commentary
Mr. Krishna Bodanapu, Executive Vice Chairman & Managing Director, commented on the sustained momentum and continued investment for growth. Mr. Sukamal Banerjee, Executive Director & Chief Executive Officer, highlighted the strong quarter and the performance of the Intelligent Lifecycle Engineering strategy, noting improved predictability and profitability.
Source: BSE
