Cyient DLM Ltd

Cyient DLM Ltd

₹ 441 -1.50%
02 May - close price
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 3,494 Cr.
  • Current Price 441
  • High / Low 873 / 350
  • Stock P/E 51.3
  • Book Value 120
  • Dividend Yield 0.00 %
  • ROCE 11.0 %
  • ROE 7.33 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 3.68 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
277 217 292 321 362 258 389 444 428
245 197 268 292 324 238 358 416 371
Operating Profit 32 20 24 29 38 20 32 28 57
OPM % 12% 9% 8% 9% 11% 8% 8% 6% 13%
-1 1 9 9 8 9 7 7 3
Interest 9 9 8 8 9 8 11 10 9
Depreciation 5 5 5 6 6 7 7 10 10
Profit before tax 17 7 20 25 31 14 21 15 42
Tax % 27% 23% 26% 25% 26% 25% 26% 27% 26%
13 5 15 18 23 11 15 11 31
EPS in Rs 2.38 0.94 1.85 2.33 2.87 1.34 1.95 1.39 3.91
Raw PDF

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
10 Years: %
5 Years: %
3 Years: %
1 Year: -36%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
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 6

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 161 127 82
Cash Conversion Cycle 150 126 189
Working Capital Days 65 97 136
ROCE % 14% 11%

Shareholding Pattern

Numbers in percentages

5 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
66.66% 66.66% 66.66% 66.66% 66.66% 52.16% 52.16% 52.16%
7.17% 6.23% 6.32% 7.04% 5.14% 7.76% 3.64% 2.38%
12.18% 12.28% 11.22% 12.56% 17.44% 27.77% 29.41% 28.64%
13.99% 14.82% 15.80% 13.73% 10.75% 12.31% 14.78% 16.81%
No. of Shareholders 44,79147,88359,71157,97877,90693,9341,05,4891,08,911

* 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.

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