Cyient DLM Limited
NSE: CYIENTDLM · Aerospace & Defense · sector
Key numbers
Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 29 companies in Aerospace & Defense (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹146 cr vs borrowings ₹106 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 5.5x in the last 12 months.
- Operating cash flow was below net profit in 3 of the last 3 years (FY26, FY25, FY24).
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 38% of net profit in the last 12 months.
- Debtor days went from 69 (FY24) to 89 (FY26).
- No dividend in the last 3 financial years.
- Price ₹748.30 on 2026-10-26: -29.5% from the 52-week high, +182.2% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 444 | 428 | 278 | 311 | 303 | 369 | 374 | 393 |
| EBITDA | 28 | 57 | 25 | 31 | 27 | 43 | 39 | 34 |
| OPM % | 6.3% | 13.4% | 9.0% | 10.0% | 9.1% | 11.7% | 10.5% | 8.7% |
| Other income | 7 | 3 | 4 | 23 | 4 | 5 | 0 | 23 |
| Net profit | 11 | 31 | 7 | 32 | 11 | 22 | 16 | 34 |
| EPS (₹) | 1.39 | 3.91 | 0.94 | 4.05 | 1.42 | 2.83 | 2.05 | 4.28 |
| Revenue YoY | -31.7% | -13.8% | +34.3% | +26.5% | ||||
| Profit YoY | +2.2% | -27.7% | +118.4% | +5.8% |
Consolidated figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|
| Revenue | 1,192 | 1,520 | 1,261 | 1,439 |
| EBITDA | 111 | 137 | 127 | 144 |
| Net profit | 61 | 68 | 73 | 84 |
| EPS (₹) | 7.75 | 8.58 | 9.23 | 10.58 |
| Revenue growth | +27.5% | -17.0% | -1.5% | |
| Profit growth | +11.2% | +7.6% | +2.9% | |
| Dividend / share (₹) | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | -1.5% |
| Net profit | – | – | +2.9% |
| EPS | – | – | – |
| Share price | – | +5.4% (2y) | +67.4% |
Balance sheet
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Shareholders' equity | 909 | 949 | 1,012 |
| Borrowings | 134 | 244 | 106 |
| Cash & equivalents | 537 | 288 | 146 |
| Total assets | 1,603 | 1,694 | 1,642 |
| Fixed assets | 137 | 180 | 176 |
| Capital work in progress | 1 | 6 | 2 |
| Investments | 66 | 0 | 10 |
| Receivables | 226 | 347 | 307 |
| Inventory | 464 | 571 | 647 |
| Payables | 320 | 250 | 273 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Cash from operations | -71 | -62 | 54 |
| Cash from investing | -428 | 127 | 164 |
| Cash from financing | 479 | -59 | -188 |
| Capex | 34 | 50 | 45 |
| Free cash flow | -104 | -112 | 9 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| ROE % | 6.7% | 7.2% | 7.2% |
| ROCE % | 11.2% | 10.8% | 10.8% |
| Debtor days | 69 | 83 | 89 |
| Inventory days | 184 | 188 | 314 |
| Payable days | 127 | 82 | 133 |
| Cash conversion cycle (days) | 126 | 189 | 270 |
| Working capital days | 241 | 180 | 211 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 52.11% |
| FIIs | 2.43% |
| DIIs | 27.12% |
| of which Mutual funds | 25.39% |
| of which Insurance | 0.00% |
| Government | 0.02% |
| Public (non-institutions) | 18.32% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 52.16% | 52.16% | 52.12% | 52.12% | 52.12% | 52.12% | 52.11% | 52.11% |
| Promoter group | % |
|---|---|
| Cyient Limited | 52.11% |
| Public holders above 1% | % |
|---|---|
| HDFC Mutual Fund | 7.90% |
| Nippon Life India Trustee Ltd | 5.25% |
| Aditya Birla SUN Life Mutual Fund | 4.41% |
| Franklin India Multi CAP Fund | 2.85% |
| ICICI Prudential Mutual Fund | 2.03% |
| Axis Mutual Fund Trustee Limited | 1.72% |
1,06,855 shareholders. Pledged: – of promoter shares.
Peers in Aerospace & Defense
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| HAL | ₹3,19,342 cr | 34.3x | 7.8x | 24.5% | 30.2% | 29.6% | +7.1% | 1.05% |
| BEL | ₹2,65,346 cr | 43.2x | 11.1x | 28.0% | 34.1% | 28.6% | +15.9% | 0.79% |
| BDL | ₹37,719 cr | 72.4x | 8.9x | 12.6% | 16.8% | 12.7% | -0.6% | 0.51% |
| GRSE | ₹21,411 cr | 26.7x | 8.2x | 34.0% | 41.2% | 11.1% | +39.8% | 0.95% |
| DATAPATTNS | ₹21,133 cr | 78.8x | 12.2x | 16.5% | 21.4% | 39.3% | +26.8% | 0.21% |
| AEQUS | ₹16,257 cr | – | 10.9x | -7.6% | 1.1% | 7.6% | – | – |
| APOLLO | ₹15,269 cr | 118.8x | 11.6x | 12.7% | 11.6% | 22.6% | +44.9% | 0.06% |
| ASTRAMICRO | ₹14,226 cr | 75.3x | 10.8x | 15.7% | 18.6% | 28.6% | +12.6% | 0.15% |
| ZENTEC | ₹13,947 cr | 77.1x | 7.4x | 10.3% | 14.6% | 32.6% | +46.5% | 0.13% |
| CYIENTDLM | ₹5,940 cr | 70.7x | 5.6x | 8.2% | 11.0% | 10.0% | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-06-20 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- B2P (Build-to-Print): The manufacturing process entails producing products based on thorough engineering drawings and detailed specifications provided by the client. This approach spans various industries, including Aerospace, Defence, Healthcare, and Life Sciences, ensuring that each product meets the stringent requirements specific to each sector.
- B2S (Build-to- Specification): Our manufacturing process involves collaborating closely with clients to develop product specifications. We take these specifications and design and manufacture the products in-house, ensuring they meet the standards set by the client.
| Sector | Industrials |
| Industry | Aerospace & Defense |
| Sub-industry | Aerospace & Defense |
| Symbol | CYIENTDLM |
| BSE code | 543933 |
| ISIN | INE055S01018 |
| Face value | ₹10.0 |
| Incorporated | 1993-06-30 |
| Website | www.cyientdlm.com |
| Plants (India / abroad) | 4 / 1 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.