Cyient DLM Ltd
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]
- Market Cap ₹ 3,914 Cr.
- Current Price ₹ 493
- High / Low ₹ 873 / 350
- Stock P/E 57.5
- Book Value ₹ 120
- Dividend Yield 0.00 %
- ROCE 11.0 %
- ROE 7.33 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 4.08 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 832 | 1,192 | 1,520 | |
| 744 | 1,081 | 1,382 | |
| Operating Profit | 88 | 111 | 137 |
| OPM % | 11% | 9% | 9% |
| 6 | 28 | 26 | |
| Interest | 32 | 34 | 38 |
| Depreciation | 19 | 22 | 34 |
| Profit before tax | 43 | 82 | 92 |
| Tax % | 26% | 25% | 26% |
| 32 | 61 | 68 | |
| EPS in Rs | 6.00 | 7.72 | 8.58 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 11% |
| Stock Price CAGR | |
|---|---|
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| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -36% |
| Return on Equity | |
|---|---|
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| 5 Years: | % |
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| Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Equity Capital | 53 | 79 | 79 |
| Reserves | 145 | 830 | 870 |
| 356 | 192 | 301 | |
| 551 | 502 | 443 | |
| Total Liabilities | 1,105 | 1,603 | 1,694 |
| 161 | 192 | 346 | |
| CWIP | 1 | 1 | 6 |
| Investments | 90 | 66 | 31 |
| 853 | 1,344 | 1,311 | |
| Total Assets | 1,105 | 1,603 | 1,694 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 54 | -71 | -62 | |
| -142 | -428 | 127 | |
| 72 | 479 | -59 | |
| Net Cash Flow | -16 | -19 | 5 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 71 | 69 | 83 |
| Inventory Days | 240 | 184 | 188 |
| Days Payable | 161 | 123 | 82 |
| Cash Conversion Cycle | 150 | 131 | 189 |
| Working Capital Days | 65 | 96 | 136 |
| ROCE % | 14% | 11% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 4 Jul
- Shareholder Meeting / Postal Ballot-Outcome of AGM 3 Jul
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Announcement under Regulation 30 (LODR)-Change in Management
1 Jul - Rajendra Velagapudi appointed Managing Director and CEO of Cyient DLM Limited from July 1, 2025.
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Board Meeting Intimation for Q1FY26 Un-Audited Financial Results
1 Jul - Board meeting on 22 July 2025 to approve Q1 FY2026 unaudited financial results.
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Closure of Trading Window
30 Jun - Trading window closed from July 1, 2025, until 48 hours post financial results disclosure.
Concalls
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Apr 2025Transcript PPT REC
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Jan 2025Transcript PPT REC
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Oct 2024Transcript PPT REC
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Jul 2024Transcript PPT
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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 2023Transcript PPT
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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 a high emphasis on quality and customization according to customer requirements. Company enters into 3-5 year master service agreements (MSA) with its customers.