Cyient Limited (CYIENT) AI Stock Analysis

• Market Cap: ₹131.47B
• Dividend Yield: 2.23%
• Average Volume (3M): 35.44K
• Price to Earnings (P/E): 20.8
• Beta (1Y): 1.50
• Revenue Growth: 3.64%
• EPS Growth: -4.78%
• Country: IN
• Employees: 12,733
• Sector: Technology
• Sector Strength: 84
• Industry: Conglomerates
• EPS (TTM): 13.95
• Shares Outstanding: 111,085,030
• 10 Day Avg. Volume: 19,090
• 30 Day Avg. Volume: 35,442
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,331.25
• Price Target Upside: 14.15% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4

• Rating: 74 Outperform
• Price Target: ₹1,429.00 ▲(22.53% Upside)

Cyient Limited's overall stock score is driven primarily by its strong financial performance, characterized by consistent growth and operational efficiency. The technical analysis presents a mixed picture, suggesting some caution in the short term. Valuation metrics indicate a fair balance between growth expectations and current market conditions, contributing to a moderate overall score.

Cyient Limited Business Overview & Revenue Model

Company Description

Cyient Limited (CYIENT) is a global engineering and technology solutions company headquartered in India. The company operates across various sectors including aerospace, defense, rail transportation, communications, utilities, geospatial, industrial, energy, semiconductor, medical technology, and automotive. Cyient provides a range of services including engineering, manufacturing, data analytics, and network and operations solutions, helping clients design, build, and maintain complex systems and products.

How the Company Makes Money

Cyient Limited generates revenue through its diverse service offerings across multiple industries. The company's primary revenue streams include engineering services, which involve product and software development, system integration, and lifecycle support. Additionally, Cyient earns from manufacturing services, which encompass precision manufacturing of aerospace and defense components, among others. Data analytics and digital transformation services also contribute significantly, helping clients optimize operations and enhance decision-making through data-driven insights. Furthermore, Cyient forms strategic partnerships with leading global companies to enhance its market presence and service capabilities, which also plays a role in its revenue generation.

Cyient Limited Financial Statement Overview

Summary

Cyient Limited showcases strong financial performance with robust revenue growth, operational efficiency, and a healthy balance sheet. Despite slight pressure on net profit margins and a declining return on equity, the overall financial health remains sound, supporting future growth.

Income Statement

Cyient Limited demonstrates robust revenue growth with a 20.71% increase from 2023 to 2024 and a 2.99% increase from 2024 to 2025. The gross profit margin remains strong at 34.39% in 2025, showcasing effective cost management. However, the net profit margin slightly decreased to 8.37% in 2025 from 9.55% in 2024, indicating some pressure on profitability. The EBIT margin is notably high at 34.39% in 2025, pointing to operational efficiency. Overall, the income statement reflects strong growth and profitability, albeit with slight pressure on net margins.

Balance Sheet

The company maintains a healthy balance sheet with a decreasing debt-to-equity ratio from 0.18 in 2024 to 0.10 in 2025, indicating reduced leverage. Stockholders' equity has grown significantly, reflecting strong financial health. The equity ratio improved to 68.99% in 2025, underscoring the company's stability. However, the high proportion of equity compared to total assets may limit financial flexibility, and the declining return on equity from 16.03% in 2024 to 11.60% in 2025 suggests a dip in shareholder returns.

Cash Flow

Cyient Limited displays strong cash flow management with a free cash flow growth rate of 7.04% from 2024 to 2025. The operating cash flow to net income ratio is 1.28, indicating efficient cash generation relative to net income. Additionally, the free cash flow to net income ratio of 1.11 further highlights the company's ability to convert earnings into cash. Despite strong cash flows, the operating cash flow saw a modest increase year-on-year, suggesting limited growth in operational cash generation.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	73.60B	73.60B	71.47B	60.16B	45.34B	41.32B
Gross Profit	24.00B	25.32B	24.24B	14.21B	18.82B	16.35B
EBITDA	11.97B	11.43B	13.00B	10.23B	9.25B	7.14B
Net Income	6.16B	6.16B	6.83B	5.14B	5.22B	3.64B
Balance Sheet
Total Assets	76.95B	76.95B	70.04B	65.48B	47.87B	44.93B
Cash, Cash Equivalents and Short-Term Investments	14.80B	14.80B	10.59B	7.91B	13.00B	14.38B
Total Debt	5.24B	5.24B	7.88B	12.18B	5.73B	5.77B
Total Liabilities	19.34B	19.34B	24.47B	30.85B	16.74B	15.39B
Stockholders Equity	53.09B	53.09B	42.58B	34.67B	31.17B	29.57B
Cash Flow
Free Cash Flow	0.00	6.86B	6.41B	4.86B	5.70B	7.57B
Operating Cash Flow	0.00	7.90B	7.26B	5.54B	6.34B	8.56B
Investing Cash Flow	0.00	-1.45B	-5.33B	-10.33B	-3.82B	-1.01B
Financing Cash Flow	0.00	-582.00M	-2.66B	-1.09B	-5.45B	-2.11B

Cyient Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1166.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CYIENT, the sentiment is Negative. The current price of 1166.2 is below the 20-day moving average (MA) of 1192.88, below the 50-day MA of 1235.50, and below the 200-day MA of 1406.97, indicating a bearish trend. The MACD of -12.34 indicates Negative momentum. The RSI at 39.34 is Neutral, neither overbought nor oversold. The STOCH value of 19.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:CYIENT.

Cyient Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NAVA	74 Outperform	₹193.67B	18.78		1.18%	-1.10%	1.86%
CYIENT	74 Outperform	₹131.47B	20.83		2.23%	3.64%	-4.78%
BEML	67 Neutral	₹164.51B	54.14		0.49%	-2.17%	4.39%
CARBORUNIV	67 Neutral	₹180.54B	74.68		0.42%	4.67%	-47.63%
Sector *	61 Neutral	$35.52B	8.84	-11.06%	1.87%	8.55%	-8.14%
JSWHL	―	₹207.23B	117.03		―	―	―
MSTCLTD	67 Neutral	₹34.75B	8.17		9.10%	-58.05%	97.11%