Cyient DLM Limited (CYIENTDLM) announced its financial results for the quarter ending September 30, 2026, delivering continued revenue growth, healthy profitability, and an all-time high order book. The company reported revenue of INR 393.1 crores, marking a 26.5% year-on-year growth. The normalized profit after tax (PAT) increased by 25.8% to INR 15.82 crores. The order book reached an all-time high of INR 2,813.7 crores, increasing by INR 214.8 crores quarter-on-quarter.

Financial Highlights

The financial highlights for Q2 FY27 include:

• Revenue: INR 393.1 crores with 26.5% YoY growth
• EBITDA: INR 34.2 crore with a 9.5% YoY increase
• Normalized PAT: INR 15.82 crore, up by 25.8% YoY
• Order Book: INR 2,813.7 crores, an all-time high

Business Highlights

Cyient DLM maintained strong growth momentum in Q2 FY27, supported by solid execution across key business segments, including Aerospace and Industrial. The company added three new customer logos and saw order intake increase by 11% QoQ and 15.4% YoY. Cyient DLM is also investing in high-growth areas such as AI infrastructure, data centre technologies, robotics, and semiconductors.

Rajendra Velagapudi, Managing Director and CEO of Cyient DLM, commented, “We maintained strong growth momentum in Q2 FY27, supported by solid execution across our key business segments and a record-high order book, providing strong revenue visibility and confidence in our growth outlook.”

Looking ahead, Cyient DLM remains focused on strengthening its core business while investing in high-growth areas to drive sustainable long-term growth.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Cyient DLM Limited

Cyient DLM Limited belongs to the Industrials › Aerospace & Defense sector. Here’s a quick read on where the business and the stock stand today.

Cyient gains 77.0% over three months and trades near its 52-week highs. The PEG reaches 3.12. The stock trades on brand and index weight, not on growth. Thin margins at 6.1% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock trades at 97% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. The business grows revenue at 14.9% and profits at 32.2%, with D/E of 0.32. The stock reflects that strength. Moreover, when fundamentals and price action align, the PEG of 3.12 premium is usually justified. Check Fundamentals of Cyient DLM Limited.

Cyient DLM Limited (CYIENTDLM) showcased a stellar performance in Q2 FY27, with a record order book and robust revenue growth. The company reported a 26.5% year-over-year revenue increase, driven by strong growth in Aerospace and Industrial segments. The order book reached an all-time high, reflecting the company’s expanding footprint and strategic pivot towards higher margins.

Strategic Pivot and Margin Expansion

The company’s strategic pivot aims to elevate margins from the current ~9-11% to a projected ~13-18% by FY30+. This is achieved through expanding into new sectors like AI/data-center infrastructure, robotics, and semiconductor capital equipment, while enhancing its Build to Specification (B2S) platform.

Financial Highlights

The normalized PAT grew 25.8% YoY to ₹158 Mn, driven by a healthy order book and revenue growth. The EBITDA margin reflects continued investment into sales, strategy, and strengthening capabilities. Notably, excluding one-off income of ₹182 Mn, the PAT stands at ₹158 Mn for the quarter.

Product Mix and Market Expansion

The shift to higher-value integration is evident with Box Build seeing an 86% YoY growth. Cyient DLM Electronics Inc. was formed by integrating Altek Electronics, extending its reach across geographies. The company continues to build its next growth engines by expanding into AI/data-center infrastructure, robotics, and semiconductor capital equipment.

Looking ahead, Cyient DLM Limited (CYIENTDLM) is poised for sustained growth and margin expansion, underpinned by its strategic initiatives and robust market positioning.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Cyient DLM Limited

Cyient DLM Limited belongs to the Industrials › Aerospace & Defense sector. Here’s a quick read on where the business and the stock stand today.

Cyient gains 77.0% over three months and trades near its 52-week highs. The PEG reaches 3.12. The stock trades on brand and index weight, not on growth. Thin margins at 6.1% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock trades at 97% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. The business grows revenue at 14.9% and profits at 32.2%, with D/E of 0.32. The stock reflects that strength. Moreover, when fundamentals and price action align, the PEG of 3.12 premium is usually justified. Check Fundamentals of Cyient DLM Limited.

Cyient DLM Limited (NSE: CYIENTDLM) has reported stellar performance for Q1 FY27, marking a significant milestone with a record order book and robust financial metrics. The company’s order book reached INR 2,598.9 crore, the highest ever since its IPO, driven by both existing and new clients. The order intake was INR 551.9 crore, resulting in a book-to-bill ratio of 1.5x.

Strong Revenue and Margin Growth

The consolidated revenue for Q1 FY27 stood at ₹3,738 crore, marking a 34.3% year-on-year (YoY) increase. The earnings before interest, taxes, depreciation, and amortization (EBITDA) surged to ₹392 crore, a 56.2% YoY rise. The EBITDA margin improved by 147 basis points (bps) to 10.5%, reflecting consistent double-digit margins for four consecutive quarters.

Profitability and Financial Health

The profit after tax (PAT) more than doubled to ₹163 crore, up from ₹75 crore in Q1 FY26, driven by strong revenue and a healthy mix. The PAT margin expanded to 4.4%, up from 2.7% YoY. The company’s finance cost declined by 29% YoY, primarily due to lower working capital borrowings, while other expenses grew in line with revenue.

As Cyient DLM Limited continues to expand its footprint and diversify its product portfolio, the company is well-positioned to capitalize on the growing demand in the electronics manufacturing services (EMS) sector. With a strong focus on high-reliability segments and strategic pivots, the company is set to deliver sustained growth in the coming quarters.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Cyient DLM Limited

Cyient DLM Limited belongs to the Industrials › Aerospace & Defense sector. Here’s a quick read on where the business and the stock stand today.

Cyient gains 66.6% over three months and trades near its 52-week highs. Thin margins at 5.8% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue grows at 14.9% and profits at 32.2% CAGR. The market consistently rewards this kind of compounding. RSI hits 74, a level that signals the stock runs hot. Notably, buyers drove volume on 17 recent sessions — though at these levels, some profit-taking is normal. The business grows revenue at 14.9% and profits at 32.2%, with D/E of 0.00. The stock reflects that strength. Moreover, when fundamentals and price action align, the PEG of 2.00 premium is usually justified. Check Fundamentals of Cyient DLM Limited.