Cyient announced its investor presentation for Q3 FY26. Key highlights include updates on the Cyient Group, DET business, and financial performance. The company reported growth in its DET business and strategic partnerships in semiconductors. The presentation provides details on revenue, profitability, and strategic initiatives driving future growth. Detailed financial metrics are available in the annexure.
Group Business Updates
Cyient continues to focus on embracing intelligence across human and artificial domains. Key updates for the group include:
- Acquisition of a majority stake in Kinetic Technologies.
- Partnership with Navitas to accelerate GaN adoption in India.
- Launch of India’s First Indigenous Silicon Platform for Smart Utilities.
Cyient DLM
Cyient DLM reported strong order book momentum, resulting in soft revenue performance due to pushouts.
DET Business Performance
Cyient DET revenue grew by 1.9% QoQ and -0.7% YoY in constant currency. The revenue split by business unit is as follows:
- Transportation & Mobility: $67.9 million
- Networks & Infrastructure: $53.7 million
- Strategic Units: $44.9 million
Financial Highlights for DET
Key financial figures for Cyient DET in Q3 FY26:
- Revenue: $167 million (+1.9% cc QoQ | -0.7% cc YoY)
- EBIT: 12.4% (+25 bps QoQ)
- PAT: $150 million (9.1% QoQ | 40.2% YoY)
Financial Highlights for Group
Key financial figures for the Cyient Group in Q3 FY26:
- Revenue: $207.3 million (-10.3% cc YoY)
- EBIT: 9.5% (-193 bps YoY)
- PAT: $128 million (0.1% YoY)
Source: BSE