Cyient DLM Ltd
Incorporated in June 1993, Cyient DLM has been a trusted electronics and mechanical manufacturing partner and systems supplier to some of the largest players across multiple industries. As an integrated manufacturing partner that provides Design Led Manufacturing (DLM) solutions to customers, we take ownership of design, manufacturing, testing, and certification support to ensure that customers' products meet robust standards in reliability, safety, and performance.[1]
- Market Cap ₹ 5,478 Cr.
- Current Price ₹ 691
- High / Low ₹ 884 / 401
- Stock P/E 89.5
- Book Value ₹ 115
- Dividend Yield 0.00 %
- ROCE 14.1 %
- ROE 11.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 140% CAGR over last 5 years
Cons
- 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
480 | 457 | 628 | 721 | 832 | 1,192 | |
462 | 443 | 582 | 636 | 744 | 1,081 | |
Operating Profit | 19 | 14 | 46 | 84 | 88 | 111 |
OPM % | 4% | 3% | 7% | 12% | 11% | 9% |
2 | 8 | 9 | 8 | 6 | 28 | |
Interest | 14 | 18 | 21 | 22 | 32 | 34 |
Depreciation | 8 | 11 | 18 | 19 | 19 | 22 |
Profit before tax | -1 | -7 | 16 | 51 | 43 | 82 |
Tax % | 43% | 7% | 24% | 22% | 26% | 25% |
-1 | -7 | 12 | 40 | 32 | 61 | |
EPS in Rs | -5.78 | -49.01 | 86.39 | 291.15 | 6.00 | 7.72 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 24% |
TTM: | 43% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 140% |
3 Years: | 73% |
TTM: | 91% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 18% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 1 | 1 | 53 | 79 |
Reserves | 34 | 24 | 36 | 76 | 145 | 830 |
160 | 308 | 279 | 337 | 356 | 192 | |
271 | 260 | 328 | 363 | 551 | 502 | |
Total Liabilities | 466 | 593 | 645 | 777 | 1,105 | 1,603 |
48 | 106 | 186 | 172 | 161 | 192 | |
CWIP | 1 | 77 | 2 | 3 | 1 | 1 |
Investments | 0 | 0 | 0 | 0 | 90 | 66 |
417 | 410 | 457 | 601 | 853 | 1,344 | |
Total Assets | 466 | 593 | 645 | 777 | 1,105 | 1,603 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
29 | 16 | 35 | 49 | 52 | -71 | |
-10 | -88 | -1 | -32 | -142 | -428 | |
-2 | 72 | -43 | 46 | 74 | 479 | |
Net Cash Flow | 17 | 0 | -9 | 62 | -16 | -19 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 91 | 44 | 132 | 77 | 71 | 69 |
Inventory Days | 170 | 223 | 115 | 181 | 240 | 184 |
Days Payable | 92 | 105 | 140 | 129 | 161 | 127 |
Cash Conversion Cycle | 170 | 161 | 106 | 129 | 150 | 126 |
Working Capital Days | 52 | 43 | 54 | 76 | 65 | 97 |
ROCE % | 4% | 11% | 20% | 16% |
Documents
Announcements
- Revised Compliance Report As Per Reg. 40(9) & 40 (10) Of Listing Regulations 13h
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
13h - Transcript of Investor Meeting held on 23 April 2024
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 14h
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Announcement under Regulation 30 (LODR)-Newspaper Publication
25 Apr - Newspaper Publication of financial results for the quarter and half year ended 31 March 2024
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
24 Apr - Investor call held in relation with Q4 results.
Concalls
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Apr 2024Transcript PPT REC
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Jan 2024Transcript PPT
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Jan 2024TranscriptNotesPPT
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Oct 2023TranscriptNotesPPT
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Jul 2023Transcript PPT
Business Profile[1]
Co. develops Low volume, high mix (LVHM) products which is a type of contract manufacturing setup, having high emphasis on quality and customization according to customer requirements. Company enters into 3-5 year master service agreements (MSA) with its customers