Cyient DLM Limited (CYIENTDLM) AI Stock Analysis

• Market Cap: ₹33.73B
• Dividend Yield: N/A
• Average Volume (3M): 27.32K
• Price to Earnings (P/E): 41.3
• Beta (1Y): 1.19
• Revenue Growth: 9.86%
• EPS Growth: 21.38%
• Country: IN
• Employees: 722
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 4.06
• Shares Outstanding: 79,364,395
• 10 Day Avg. Volume: 49,558
• 30 Day Avg. Volume: 27,323
• 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: ₹450.00
• Price Target Upside: 5.88% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: ₹491.00 ▲(15.53% Upside)

The overall stock score of 67 reflects strong financial performance driven by revenue growth and profitability improvements. However, challenges in operational efficiency, high liabilities, and cash flow management weigh on the score. Technical analysis provides mixed signals, and the high P/E ratio suggests overvaluation, limiting the stock's attractiveness.

Positive Factors

Revenue Growth

The strong revenue growth indicates a successful expansion in market reach and product adoption, enhancing long-term business sustainability.

Profitability Improvements

Improved profitability through better cost management strengthens the company's financial health and competitive position over time.

Equity Position

A strong equity base provides financial stability and flexibility, supporting long-term growth and investment opportunities.

Negative Factors

High Liabilities

High liabilities can strain financial resources, limiting the company's ability to invest in growth and manage economic downturns effectively.

Cash Flow Challenges

Negative free cash flow highlights inefficiencies in cash generation, which could impact the company's ability to fund operations and growth initiatives.

Operational Efficiency

Declining operational efficiency can erode profitability and competitiveness, necessitating strategic improvements to sustain long-term growth.

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 generates revenue primarily through its engineering and technology services, which involve project-based contracts, long-term partnerships, and service agreements with clients across different industries. Key revenue streams include consulting services, custom engineering solutions, and outsourcing of manufacturing processes. The company may also engage in strategic partnerships with technology providers and industry leaders to enhance its service offerings and expand its market reach. These collaborations often lead to joint ventures or co-development initiatives that contribute to additional revenue opportunities.

Cyient DLM Limited Financial Statement Overview

Summary

Cyient DLM Limited demonstrates strong revenue growth and profitability improvements, with a solid equity base. However, operational efficiency, high liabilities, and cash flow management present areas that require strategic focus. The company should prioritize improving its EBIT margins and cash flow generation to enhance its financial stability and operational efficiency.

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	922.34M	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: 425.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 425 is below the 20-day moving average (MA) of 426.13, below the 50-day MA of 439.79, and below the 200-day MA of 449.46, indicating a bearish trend. The MACD of -4.39 indicates Negative momentum. The RSI at 46.35 is Neutral, neither overbought nor oversold. The STOCH value of 55.49 is Neutral, 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
DATAMATICS	72 Outperform	₹49.92B	21.44	―	0.58%	18.81%	29.35%
NUCLEUS	72 Outperform	₹24.24B	15.03	―	1.34%	6.64%	4.63%
CYIENTDLM	67 Neutral	₹33.73B	41.30	―	―	9.86%	21.38%
SYRMA	66 Neutral	₹141.40B	57.97	―	0.20%	1.30%	111.88%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
AVALON	59 Neutral	₹58.72B	66.72	―	―	46.80%	201.41%
CENTUM	52 Neutral	₹35.38B	304.74	―	0.25%	10.29%	―

Cyient DLM Limited Corporate Events

Cyient DLM Appoints Giridhar Aramane as Independent Director

Cyient DLM Limited has announced the appointment of Mr. Giridhar Aramane as a Non-Executive Independent Director, effective November 26, 2025, for a term of three years, pending shareholder approval. This strategic addition to the board is expected to enhance the company’s governance and leverage Mr. Aramane’s extensive experience in the Indian Administrative Service, potentially strengthening Cyient DLM’s industry positioning and operational oversight.

Cyient DLM Limited Announces November 2025 Investor Meetings

Cyient DLM Limited has announced its participation in upcoming virtual investor meetings scheduled for November 2025. These meetings aim to engage with investors and analysts, ensuring compliance with SEBI regulations, while maintaining confidentiality of any unpublished price-sensitive information. This initiative reflects the company’s commitment to transparency and proactive communication with stakeholders.

Cyient DLM Releases Q2 2025 Monitoring Agency Report

Cyient DLM Limited has released its Monitoring Agency Report for the quarter ended September 30, 2025, as part of its compliance with SEBI regulations following its IPO. The report, prepared by ICRA Limited, provides insights into the company’s financial activities and regulatory adherence but does not comment on the quality or outcomes of the company’s spending. This release is crucial for stakeholders as it ensures transparency and accountability in the company’s financial operations post-IPO.

Cyient DLM Limited Secures SEBI Compliance Certification

Cyient DLM Limited has announced the receipt of a certificate from KFin Technologies Limited, confirming compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ending September 30, 2025. This certification ensures that the company has properly managed the dematerialization and rematerialization of its securities, maintaining transparency and regulatory compliance, which is crucial for its stakeholders and market operations.

Cyient DLM Limited Announces Investor Meet Schedule

Cyient DLM Limited has announced its participation in an upcoming investor meet, as part of its compliance with SEBI regulations. The company clarified that no unpublished price-sensitive information will be shared during these meetings, which are subject to changes based on the availability of analysts, investors, or company representatives.

Cyient DLM Limited Releases Q2 FY26 Earnings Call Transcript

Cyient DLM Limited has released the transcript of its earnings conference call for the second quarter of the fiscal year 2026. The call, which took place on October 14, 2025, discussed the company’s financial results and performance. This information is now available on the company’s website, providing stakeholders with insights into the company’s operational strategies and financial health.

Cyient DLM Releases Q2 Earnings Call Recording

Cyient DLM Limited announced the availability of a recording for their recent earnings call, which discussed the financial results for the second quarter. This announcement ensures transparency and accessibility for stakeholders, potentially impacting investor confidence and market perception positively.

Cyient DLM Limited Schedules Investor Meetings for September 2025

Cyient DLM Limited announced its participation in upcoming investor meetings scheduled for September 24 and 25, 2025. The meetings will involve key company executives, including the MD & CEO, CFO, and AVP, engaging with investors both physically and virtually. The company emphasized that no unpublished price-sensitive information will be disclosed during these sessions, maintaining compliance with regulatory standards.