Cyient DLM Ltd

Cyient DLM announced its Q1FY27 financial results, reporting a 34.3% year-on-year revenue growth to INR 373.8 crores. EBITDA increased by 56.2% YoY to INR 39.2 crores, with margins at 10.5%. Profit After Tax (PAT) more than doubled, growing 118.2% YoY to INR 16.3 crores. The company achieved its highest-ever order book since IPO, standing at INR 2,598.9 crores, with an order intake of INR 551.9 crores and a book-to-bill ratio of 1.5x. The company highlighted growth in Aerospace and Industrial segments and plans to expand focus on AI infrastructure, data center technologies, and robotics.

Cyient DLM opened FY27 with a decisive return to growth: consolidated revenue rose 34.3% YoY to ₹373.8 Cr (from ₹278.4 Cr) and net profit more than doubled to ₹16.3 Cr (+118% YoY vs ₹7.5 Cr), reversing the ~17% revenue decline the company posted in FY26. Net margin widened to 4.4% from 2.6% a year ago and EBITDA margin held in double digits at ~10.5% (FY26: 10.3%), so the profit surge is operating leverage, not other income — reported other income was near-nil at ₹0.3 Cr versus ₹4.2 Cr in the year-ago quarter, meaning the bottom line grew despite a weaker non-operating line. This is a genuinely strong, YoY-clean print (no exceptional items either side of the comparison). Sequentially the picture is flatter and needs a caveat: revenue edged up just 1.3% QoQ and PAT fell 27% from Q4's ₹22.4 Cr, but Q4 carried a ~₹5.1 Cr one-off other-income gain (earnout liability fair-valuation) that inflated its base — strip that and the sequential operating trend is broadly stable rather than deteriorating. On expectations, there is no published Q1-specific street consensus; against management's own last-call guidance the quarter is on track — the promised 'return to growth' has arrived and the commitment to sustain double-digit EBITDA margins was met. The result lands alongside the board confirming Dr. Ganesh Natarajan to the board of US subsidiary Cyient DLM Inc and follows a quarter of leadership additions (Ramakanth Alapati as President & CSO), consistent with the stated push into automotive and AI-infrastructure and higher-value build-to-spec work. The swing factor into H2 remains execution of the record ₹2,416.6 Cr order book (1.5x book-to-bill), which underwrites the FY27 growth thesis but has yet to translate into margin expansion beyond the double-digit floor.

Cyient DLM Ltd has announced that Mr. Yadama Muralidhar, a Non-Executive Independent Director, will cease to hold his position upon completion of his term on July 20, 2026. Consequently, he will also step down from his roles in the Audit Committee, Risk Management Committee, and ESG and CSR Committee. The company expressed gratitude for his contributions during his tenure. This change is due to the natural completion of his term and not resignation.

Cyient DLM Ltd has announced that its Board of Directors will convene on July 21, 2026. The primary agenda item for this meeting is to consider and approve the un-audited financial results for the first quarter of the Financial Year 2027, which ended on June 30, 2026. This announcement is made in compliance with SEBI (LODR) Regulations, 2015. The company will also host this information on its investor relations website.

Cyient DLM Ltd has announced the closure of its trading window for the first quarter of the fiscal year 2027 (Q1 FY27), which ended on June 30, 2026. This closure is in accordance with SEBI regulations and the company's insider trading code. The window will remain shut from July 1, 2026, until 48 hours after the dissemination of the financial results for the quarter. This measure is standard practice to prevent insider trading during the sensitive period of financial reporting. The company will host this information on its investor relations website.

Cyient DLM Ltd has issued a notice for its 33rd Annual General Meeting (AGM) scheduled for Tuesday, June 30, 2026, at 11:00 AM IST. The meeting will be conducted via video conference and other audio-visual means. The company will also circulate its Annual Report for FY 2025-26, including the Business Responsibility and Sustainability Report (BRSR), to shareholders electronically. Key details regarding e-voting, including the cut-off date and timings, have also been provided. The filing highlights the company's strategic transformation towards a diversified, design-led manufacturing partner, emphasizing value-led expansion and strengthening core OEM relationships while diversifying into non-Aerospace & Defence verticals.

Cyient DLM Ltd has released its Annual Report for FY 2025-26, along with the Business Responsibility and Sustainability Report (BRSR) and the Notice of the 33rd Annual General Meeting (AGM). The AGM is scheduled for Tuesday, June 30, 2026, at 11:00 a.m. IST, conducted via video conference. The report highlights the company's strategic transformation towards a diversified, design-led manufacturing partner, focusing on value-led expansion through its 'SET' framework (Transform, Strengthen, Expand). Key initiatives include strengthening global OEM relationships, expanding into non-Aerospace & Defence verticals, and enhancing domestic market presence, supported by the Altek Electronics acquisition for North America expansion.

Cyient DLM has appointed Ramakanth Alapati as President & Chief Strategy and Growth Officer. Based in Dallas, USA, Ramakanth will lead strategic initiatives in emerging growth sectors and drive global customer pipeline development. He brings over two decades of experience in advanced electronics manufacturing and deep-tech environments. Rajendra Velagapudi, MD and CEO of Cyient DLM, welcomes Ramakanth, highlighting his expertise in scaling high-precision manufacturing capabilities and shaping strategic direction for global expansion.

Cyient DLM Ltd has appointed Mr. Ramakanth Alapati as President & Chief Strategy and Growth Officer, effective May 18, 2026. Mr. Alapati will also serve as a Senior Managerial Person of the Company. He brings over 20 years of experience in advanced packaging, foundry operations, capital equipment, and deep tech manufacturing. The appointment complies with SEBI Listing Regulations and related circulars.

Cyient DLM Ltd has released the Monitoring Agency Report for the quarter ended March 31, 2026, as per Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report, received from ICRA on May 13, 2026, indicates no deviation from the objects of the IPO issue, with utilization in line with the change of objects approved by a special resolution. The IPO issue size was ₹700 Crore, with net proceeds of ₹658.963 Crore.