Cyient Limited (CYIENT) AI Stock Analysis

• Market Cap: ₹126.05B
• Dividend Yield: 2.29%
• Average Volume (3M): 19.72K
• Price to Earnings (P/E): 20.0
• Beta (1Y): 1.58
• Revenue Growth: 3.64%
• EPS Growth: -4.78%
• Country: IN
• Employees: 12,733
• Sector: Technology
• Sector Strength: 88
• Industry: Conglomerates
• EPS (TTM): 13.95
• Shares Outstanding: 111,087,135
• 10 Day Avg. Volume: 22,323
• 30 Day Avg. Volume: 19,722
• 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: ₹1,376.25
• Price Target Upside: 21.29% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4

• Rating: 74 Outperform
• Price Target: ₹1,380.00 ▲(21.62% Upside)

Cyient Limited's overall stock score reflects its strong financial performance and moderate valuation, which are slightly offset by bearish technical indicators. The company's robust revenue growth, operational efficiency, and stable balance sheet are significant strengths. However, the stock's current trading position below key moving averages suggests caution in the short term.

Cyient Limited Business Overview & Revenue Model

Company Description

Cyient Limited provides geospatial, engineering design, information technology (IT) solutions, and data analytic services in North America, Europe, and the Asia Pacific. The company operates through segments, Services and Design Led Manufacturing. It offers engineering services, such as systems, mechanical, electrical, manufacturing, plant, network, and field engineering, as well as aftermarket, embedded systems, and intellectual property and allied services. The company also provides electronic and mechanical manufacturing services; and analytics, big data consulting, and Internet of Things and M2M services. In addition, it offers geospatial services, including data acquisition, remote sensing, photogrammetry, navigational data mapping, and location-based services. Further, the company provides digitization of drawings and maps, computer aided design/engineering, design and modelling, repair development engineering, reverse engineering application software development, software products development, consulting, analytics, and implementation services. The company serves aerospace and defense, automotive, communications, energy, geospatial, industrial and heavy equipment, medical technology and healthcare, mining, oil and gas, power generation, rail transportation, semiconductor, and utilities industries. The company was formerly known as Infotech Enterprises Limited and changed its name to Cyient Limited in May 2014. Cyient Limited was incorporated in 1991 and is headquartered in Hyderabad, India.

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: 1134.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• 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 1134.65 is below the 20-day moving average (MA) of 1205.68, below the 50-day MA of 1212.11, and below the 200-day MA of 1359.71, indicating a bearish trend. The MACD of -9.20 indicates Positive momentum. The RSI at 34.23 is Neutral, neither overbought nor oversold. The STOCH value of 2.46 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
CYIENT	74 Outperform	₹126.05B	19.97	―	2.29%	3.64%	-4.78%
NAVA	74 Outperform	₹192.95B	18.71	14.34%	1.17%	-1.10%	1.86%
BEML	71 Outperform	₹175.24B	58.63	10.13%	0.50%	-2.17%	4.39%
MSTCLTD	71 Outperform	₹34.07B	8.01	55.13%	9.40%	-58.05%	97.11%
CARBORUNIV	68 Neutral	₹175.07B	72.41	8.30%	0.44%	4.67%	-47.63%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

Cyient Limited Corporate Events

Cyient Limited Strengthens Leadership with New Independent Directors

Cyient Limited has announced the appointment of Mr. P.R. Ramesh and Mr. Madan Pillutla as Non-Executive Independent Directors, effective from August 18, 2025, for a term of three years. This strategic move is expected to strengthen the company’s governance framework and enhance its leadership capabilities, potentially impacting its market positioning positively by bringing in experienced professionals with a wealth of industry knowledge.