Cyient has announced its financial results for the quarter and year ended 31 March 2026. The company reported consolidated revenue of $209.9 million for Q4 and $820.8 million for FY26. Additionally, the Board has approved a share buyback program for up to ₹720 crore at a price of ₹1,125 per equity share, signaling strong confidence in the company’s long-term intrinsic value and financial position.
Quarterly and Annual Financial Performance
Cyient’s performance for the period ending 31 March 2026 reflects a focused strategic transformation. For the fourth quarter, the group recorded revenue of $209.9 million, while annual revenue stood at $820.8 million. The DET (Design, Engineering, and Technology) segment reported revenue of $163.5 million for the quarter, maintaining a normalized EBIT margin of 12.4%. For the full fiscal year, the DET segment delivered revenue of $657.6 million with a normalized PAT of ₹588 crore, representing a 7.2% year-on-year growth.
Strategic Milestones and Business Growth
The company achieved notable success in its semiconductor division, which saw its fourth consecutive quarter of sequential growth, reaching $7.2 million in revenue. A significant highlight includes the closure of a majority investment in Kinetic Technologies, which adds immediate product scale and deepens IP capabilities in power management and interface solutions. Furthermore, the company has secured major deals in the aerospace, rail, and telecommunications sectors, strengthening its role as a strategic engineering partner.
Share Buyback Initiative
Demonstrating its commitment to shareholder value, the Board of Directors has approved a share buyback of up to 6.4 million equity shares. This initiative represents 5.76% of the total paid-up equity share capital. The buyback will be conducted through a tender offer at ₹1,125 per share, with an aggregate consideration not exceeding ₹720 crore. The Promoters and members of the Promoter family will not participate, ensuring the full benefit of the buyback is directed toward public shareholders.
Leadership and Outlook
Cyient has strengthened its leadership team with several critical appointments, including Shrinivas Kulkarni as CFO, Prabhakar Atla as COO, Raj Ravindranathan as CGO, and Beatrice Lippus as Head of Operations – Europe. As the company enters FY27, management remains confident in its scalable operating model, disciplined cost execution, and its continued investment in AI-enabled engineering solutions to drive long-term growth.
Source: BSE
