Cyient DLM Limited (CYIENTDLM) AI Stock Analysis

• Market Cap: ₹34.20B
• Dividend Yield: N/A
• Average Volume (3M): 13.02K
• Price to Earnings (P/E): 52.6
• Beta (1Y): 1.15
• Revenue Growth: 24.95%
• EPS Growth: -2.24%
• Country: IN
• Employees: 722
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.90
• Shares Outstanding: 79,364,395
• 10 Day Avg. Volume: 15,769
• 30 Day Avg. Volume: 13,019
• PEG Ratio: 28.30
• Price to Book (P/B): 3.86
• Price to Sales (P/S): 2.41
• P/FCF Ratio: -16.04
• 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: ₹472.67
• Price Target Upside: 9.68% Upside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 3

• Rating: 64 Neutral
• Price Target: ₹488.00 ▲(13.24% Upside)

The most significant factor is the strong financial performance driven by revenue growth and profitability improvements. However, high liabilities, cash flow challenges, and an overvalued P/E ratio weigh down the overall score. Technical indicators suggest neutral momentum, adding to the cautious outlook.

Cyient DLM Limited Business Overview & Revenue Model

Company Description

Cyient DLM Limited provides electronic manufacturing solutions in India and internationally. The company offers integrated manufacturing, electronics manufacturing, mechanical manufacturing, additive manufacturing, and value-added services. It also engages in the machining of components for aerospace, automotive, and defense industries. The company serves aerospace and defense, automotive, communications, energy, geospatial, industrial and heavy equipment, healthcare and life sciences, mining, oil and gas, power generation, rail transportation, semiconductor, and utilities industries. The company was founded in 1991 and is based in Mysuru, India. Cyient DLM Limited is a subsidiary of Cyient Limited.

How the Company Makes Money

Cyient DLM Limited makes money through a revenue model that primarily revolves around providing design-led manufacturing solutions to its clients across various sectors. The company generates revenue through long-term contracts and projects with clients in aerospace, defense, medical technology, and industrial sectors. Its key revenue streams include fees for product design and engineering services, manufacturing and assembly of components, and after-market services such as maintenance and lifecycle management. Significant partnerships with industry leaders and adherence to stringent regulatory standards play a crucial role in securing contracts and driving earnings. Additionally, the company's strategic focus on innovation and tailored solutions helps in maintaining competitive advantages and sustaining growth in its financial performance.

Cyient DLM Limited Financial Statement Overview

Summary

Cyient DLM Limited shows strong revenue growth and profitability improvements, with a solid equity base. However, challenges in operational efficiency, high liabilities, and cash flow management need strategic focus.

Income Statement

Cyient DLM Limited has demonstrated robust revenue growth over the past few years, with the most recent annual revenue showing a significant increase of 27.5% compared to the previous year. The gross profit margin has improved to 27.1% from the prior year's 22.3%, indicating enhanced efficiency in managing production costs. Net profit margin also improved slightly to 4.5%. However, the EBIT margin has decreased to 6.8% from the previous year, suggesting some challenges in operational efficiency. Overall, the income statement reflects strong revenue growth, improved profitability, but slight operational efficiency concerns.

Balance Sheet

The balance sheet of Cyient DLM Limited shows a healthy equity position with a significant increase in stockholders' equity to 56.1% of total assets. The debt-to-equity ratio has improved to 0.32 from 0.21, suggesting better leverage management. However, total liabilities remain high in relation to total assets, posing potential risk. The return on equity has decreased to 7.2% from the previous year, indicating lower efficiency in generating returns from the equity. While the company maintains a stable equity base, high liabilities and declining ROE require attention.

Cash Flow

Cyient DLM Limited's cash flow statement indicates challenges with generating free cash flow, as seen by the negative free cash flow of -2.28 billion. The operating cash flow to net income ratio is negative, reflecting inefficiencies in cash generation from operations. Despite these challenges, the company has managed its capital expenditures effectively. Overall, the cash flow situation highlights significant areas for improvement in operational cash management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	15.40B	15.20B	11.92B	8.32B	7.21B	6.28B
Gross Profit	4.58B	1.71B	2.66B	1.87B	1.77B	1.33B
EBITDA	1.64B	1.63B	1.39B	940.91M	919.91M	548.27M
Net Income	649.43M	680.76M	611.96M	317.27M	397.95M	118.14M
Balance Sheet
Total Assets	0.00	16.94B	16.03B	11.05B	7.77B	6.45B
Cash, Cash Equivalents and Short-Term Investments	471.17M	2.82B	4.58B	773.41M	768.59M	163.95M
Total Debt	0.00	3.01B	1.92B	3.56B	3.37B	2.79B
Total Liabilities	-9.49B	7.44B	6.94B	9.07B	7.00B	6.07B
Stockholders Equity	9.49B	9.49B	9.09B	1.98B	771.12M	376.52M
Cash Flow
Free Cash Flow	0.00	-2.28B	-1.04B	445.03M	401.23M	75.41M
Operating Cash Flow	0.00	-623.94M	-705.41M	521.05M	485.37M	349.28M
Investing Cash Flow	0.00	1.27B	-4.28B	-1.42B	-324.14M	-9.01M
Financing Cash Flow	0.00	-587.28M	4.79B	721.78M	460.67M	-428.16M

Cyient DLM Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 430.95
• 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:CYIENTDLM, the sentiment is Negative. The current price of 430.95 is below the 20-day moving average (MA) of 453.97, below the 50-day MA of 445.27, and below the 200-day MA of 479.55, indicating a bearish trend. The MACD of -3.93 indicates Positive momentum. The RSI at 41.59 is Neutral, neither overbought nor oversold. The STOCH value of 13.14 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:CYIENTDLM.

Cyient DLM Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NUCLEUS	72 Outperform	₹26.41B	15.77	20.02%	1.24%	4.85%	1.23%
SYRMA	67 Neutral	₹154.63B	71.41	9.71%	0.19%	-3.83%	103.32%
CYIENTDLM	64 Neutral	₹34.20B	52.63	―	―	24.95%	-2.24%
DATAMATICS	63 Neutral	₹50.60B	23.86	15.02%	0.58%	15.72%	13.40%
AVALON	56 Neutral	₹67.26B	83.40	10.37%	―	46.95%	326.05%
CENTUM	53 Neutral	₹39.59B	565.58	0.61%	0.22%	8.64%	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%