Cyient DLM announced its financial results for the quarter and year ended March 31, 2026. Despite a challenging demand environment, the company maintained double-digit EBITDA margins and demonstrated strong execution. The firm reported a record Order Book of INR 2,416.6 crores, its highest in the last eight quarters. Strategic focus on industrial and medical segments, alongside automotive operational milestones, helped the company navigate global headwinds and continue its growth trajectory.
Financial Performance Overview
For the fourth quarter (January-March 2026), Cyient DLM reported revenue of INR 369.1 crores, a 21.7% increase quarter-on-quarter. The EBITDA for the quarter stood at INR 43.1 crores, reflecting a 11.7% margin. Profit After Tax (PAT) for the same period was INR 22.4 crores, representing 6.1% of total revenues.
On a full-year basis, the company reported normalized EBITDA of INR 130.2 crores with a 10.3% margin, showing a year-on-year improvement of 78 bps. Normalized PAT for FY26 reached INR 56.3 crores. The company’s disciplined financial management, including reduced finance costs and improved working capital efficiency, supported these results.
Operational Milestones and Order Growth
The company achieved a strong FY26 Order Intake of over INR 1,843 crores, marking an increase of INR 510.5 crores compared to the previous year. With a Book-to-Bill ratio of 1.5 for the year and a robust order book of INR 2,416.6 crores, Cyient DLM maintains a positive outlook for the medium term. Key growth drivers included the automotive segment, which successfully cleared the IATF audit and commenced series production across its product lines.
Strategic Outlook for FY27
Looking ahead, Cyient DLM remains committed to operational excellence and deepening customer relationships. The company plans to transform its business model by strengthening product-led capabilities, developing new platforms, and forging technology partnerships. These initiatives aim to create strategic growth levers that extend beyond traditional electronics manufacturing services, supported by a strong project pipeline and continued investment in infrastructure.
Source: BSE
