Cyient Q2 FY27: Revenue up 25% YoY, Rs 12 dividend, TAO deal closes
CYIENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 9.6 pts more than Nifty Smallcap 250 and 9.5 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Cyient posted Q2 FY27 consolidated revenue of Rs 22,350 Mn, up 25.5% YoY from Rs 17,810 Mn, boosted by Kinetic Technologies and TAO Digital acquisitions. Net profit was Rs 1,325 Mn versus Rs 1,429 Mn last year. Board declared an interim dividend of Rs 12 per share (240% on face value of Rs 5). The company also acquired the remaining 49% in Cyient Solutions and Systems, making it fully owned. Total assets crossed Rs 115 Bn with goodwill and borrowings rising sharply post TAO buy.
Strong top-line growth from acquisitions; PAT flat YoY. Rs 12 dividend signals confidence. Borrowings rose to Rs 24.8 Bn to fund TAO, raising debt load.