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NSE:CYIENTDLM

CYIENT DLM LIMITED

Capital Goods › Aerospace & Defense
₹755.10
at close · 27 Oct 2026
▲ 3.20 (+0.43%)

Latest filings

  1. Cyient DLM to meet Avener Capital and Carnelian Capital on 27 Oct 2026 · Board & Shareholder Meetings
  2. Record backlog and growth outlook offset by near-term margin pressure · Investor Communications
  3. Newspaper Publication of Q2 FY27 Financial Results · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates as an integrated Electronics Manufacturing Services (EMS) provider focused on high-reliability, high-complexity assemblies for aerospace, defense, medical, industrial and automotive customers, with manufacturing at facilities including a Nadcap-certified cable harness line in Mysore. Aerospace anchors the revenue mix and grew 40% year-on-year in Q1 FY27, while industrial grew 90% year-on-year in the same quarter. Key aerospace customers include Honeywell, Thales and Safran, with Honeywell and Thales wins set to ramp over the next 18 months, and the business is using existing capabilities to expand into AI data centre and robotics adjacencies through a Build-to-Spec (B2S) platform expected to contribute revenue in 12-18 months. Materials are the largest cost at 62.2% of revenue and employees account for 18.0%, reflecting a labour- and parts-intensive assembly model. The international revenue mix is heavy, exposing results to currency moves, and working capital stood at 161 days in Q1 FY27. For FY26, revenue was ₹1,261.485 crore at a 12.93% EBITDA margin, with net profit of ₹73.282 crore.

Revenue mix · reported segments
Aerospace42.0%
Industrial32.0%
Operating scale
Order book
₹2,598 croresQ1 FY27
Book-to-bill
1.5xQ1 FY27
Aerospace share of mix
42%
Industrial share of mix
32%
Rest of World revenue share
94%
Build-to-Spec lab
15,000 sq ft (expanded from 6,000)Q1 FY27
Who pays it
Aerospace OEMs such as Honeywell, Thales and Safran, plus industrial, medical, defense and automotive customers; 94% of revenue from outside India
Biggest cost
Materials (electronic components and parts) at 62.2% of revenue
Kind of business
High-reliability, order-book-driven EMS assembly business with high working capital and heavy international exposure
Where it sits
Focused on high-reliability, high-complexity sub-segments of the global EMS market, which management sizes at $625-650 billion today expanding toward $1.1 trillion by 2030
Market Cap
₹5,993 Cr
P / E (TTM)
73.0×
EV / EBITDA
34.7×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
10.5%·
ROCE (FY26)
ROE 7.2% · margin 12.9%
Leverage
0.10·
Debt / Equity · low
Net debt ₹26 Cr
Revenue FY24→FY26
1.1×▲
Margin +0.7 pts
₹1,192 Cr → ₹1,261 Cr
Cash conversion
-0.39×▼
Operating cash ÷ profit · 3 yrs
₹-79 Cr on ₹203 Cr
Moves on a normal day
1.70%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 25 Aerospace & Defense peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#13/23
P/B#6/23
ROCE#20/26
ROE#18/23
Debt / Equity#14/23
EBITDA margin#19/23
Revenue growth#11/23
Profit growth#3/21

Scorecard

Measured from the filed financials, judged against its Aerospace & Defense peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Returns on capital 10.5%
#20 of 26 in Aerospace & Defense on the latest reported figures
Over 3 years it reported ₹203 Cr of profit and an operating cash outflow of ₹79 Cr — -0.39×
Less than 60p of every ₹1 of profit arrived as cash
Heavy working capital — 197 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

CYIENTDLM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from CYIENT DLM LIMITED's filed financials and exchange disclosures

What does CYIENT DLM LIMITED do?

CYIENT DLM LIMITED is a Aerospace & Defense company listed on NSE and BSE, trading under the symbol CYIENTDLM.

Is CYIENT DLM LIMITED profitable?

Yes. Over the trailing twelve months CYIENT DLM LIMITED reported a net profit of ₹82 Cr on revenue of ₹1,357 Cr.

Does CYIENT DLM LIMITED pay a dividend?

Not in the latest reported year — CYIENT DLM LIMITED's dividend payout for FY26 was nil.

Is CYIENT DLM LIMITED debt-free?

No. It reported borrowings of ₹106 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹26 Cr after cash. Debt stands at 0.10× equity. That is higher than 59% of its 23 Aerospace & Defense peers.

Is CYIENT DLM LIMITED expensive compared with its peers?

On trailing P/E, CYIENT DLM LIMITED ranks 13 of 23 in Aerospace & Defense — cheaper than 46% of them, against an industry median of 70.8×. This is a position, not a valuation judgement.

How much does the CYIENT DLM LIMITED share price move in a day?

On a typical session CYIENT DLM LIMITED moves 1.70% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track CYIENT DLM LIMITED's announcements?

Every NSE and BSE filing by CYIENT DLM LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.