Cyient DLM Ltd

Cyient DLM Ltd

₹ 675 1.69%
17 May 12:45 p.m.
About

Cyient DLM is a leading electronics system design and manufacturing player, which provides system design, integration, testing, and manufacturing of electronic components and subsystems for original equipment manufacturers (OEMs) in the aerospace and defense sectors and other high-tech engineering segments. It has customers in India, Europe, North America, China and Japan.[1]

Key Points

Business Profile[1]
Co. develops Low volume, high mix (LVHM) products which is a type of contract manufacturing setup, having a high emphasis on quality and customization according to customer requirements. Company enters into 3-5 year master service agreements (MSA) with its customers.

  • Market Cap 5,354 Cr.
  • Current Price 675
  • High / Low 884 / 401
  • Stock P/E 87.5
  • Book Value 115
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE 11.1 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Stock is trading at 5.86 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Electronics Industry: Electronics - Components

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Dec 2023 Mar 2024
277 321 362
245 292 324
Operating Profit 32 29 38
OPM % 12% 9% 11%
-1 9 8
Interest 9 8 9
Depreciation 5 6 6
Profit before tax 17 25 31
Tax % 27% 25% 26%
13 18 23
EPS in Rs 2.38 2.33 2.87
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
832 1,192
744 1,081
Operating Profit 88 111
OPM % 11% 9%
6 28
Interest 32 34
Depreciation 19 22
Profit before tax 43 82
Tax % 26% 25%
32 61
EPS in Rs 6.00 7.72
Dividend Payout % 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 43%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 93%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
Equity Capital 53 79
Reserves 145 830
356 192
551 502
Total Liabilities 1,105 1,603
161 192
CWIP 1 1
Investments 90 66
853 1,344
Total Assets 1,105 1,603

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
54 -71
-142 -428
72 479
Net Cash Flow -16 -19

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
Debtor Days 71 69
Inventory Days 240 184
Days Payable 161 127
Cash Conversion Cycle 150 126
Working Capital Days 65 97
ROCE %

Shareholding Pattern

Numbers in percentages

4 Recently
Jun 2023Sep 2023Dec 2023Mar 2024
66.66% 66.66% 66.66% 66.66%
7.17% 6.23% 6.32% 7.04%
12.18% 12.28% 11.22% 12.56%
13.99% 14.82% 15.80% 13.73%
No. of Shareholders 44,79147,88359,71157,978

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents