- Cyient has 300 customers across 14 countries
- Net debt free and healthy cash flow with OCF/EBITDA ~80%
Cyient Ltd (Cyient) offers engineering & development services to aerospace & defence, transportation, E&U, communication and others.
Cyient Ltd (Cyient) offers engineering & development services to aerospace & defence, transportation, E&U, communication and others.
Cyient reported strong Q4 results.
Q4FY24 Financial Highlights:
FY24 Financial Highlights:
Commenting on the results, Krishna Bodanapu, Executive Vice Chairman and Managing Director, Cyient, said, “This year has been a very exciting and a momentous one for the Cyient Group in terms of delivering a balanced performance around growth and profitability, executing key initiatives such as DLM divestiture and margin expansion, and building a balanced portfolio of offerings to drive sustainable future growth.
For the year FY24, Cyient Group delivered USD 863 Million in revenue at a YoY growth of 15.6% in cc, EBIT of 14.5% with 173 bps expansion YoY, PAT of Rs 735 Crore at YoY growth of 30%, and FCF of Rs 648 Crore at YoY growth of 32.6%.
Cyient’s Digital, Engineering and Technology (DET) delivered USD 179.3 Million at an EBIT of 16% for Q4 FY24. We closed 9 large deals with a total contract potential of ca. USD 200 Million this quarter, taking our order intake for the quarter to USD 228 Million.
For FY24, Cyient DET delivered USD 713.9 Million at 12.6% YoY revenue growth in cc, 16.1% EBIT with 246 bps expansion YoY. PAT for the year was Rs 689 Crore, up 31.6% YoY while FCF for the year was Rs 754 Crore, a significant growth of 71.4% YoY. The full year Order Intake of USD 902 Million translates to 15% growth YoY with contributions from our key large units such as Sustainability, Transport and Connectivity.
For FY25, our order book looks strong, and we will continue to focus and invest on strengthening our intelligent engineering and technology solutions across key industries and megatrends.
We are also confident that our presence in key industry verticals through our balanced portfolio will help us deliver balanced outcomes in the evolving market and geo-political uncertainties.”
Financials( ₹ in Cr) | Cyient Ltd | Tata Consultancy Services Ltd | Infosys Ltd | HCL Technologies Ltd | Wipro Ltd |
---|---|---|---|---|---|
Price | 1,885.80 | 3,821.35 | 1,430.25 | 1,473.85 | 464.60 |
% Change | -1.52 | -0.80 | -0.57 | -2.01 | 0.78 |
Mcap ₹ Cr | 20,911.64 | 1,382,598.06 | 593,677.75 | 399,953.52 | 242,759.91 |
Revenue TTM ₹ Cr | 6,015.90 | 240,893.00 | 153,670.00 | 101,456.00 | 90,487.60 |
Net Profit TTM ₹ Cr | 514.40 | 46,099.00 | 26,248.00 | 14,845.00 | 11,366.50 |
PE TTM | 28.98 | 29.91 | 22.94 | 25.99 | 21.81 |
1 Year Return | 62.91 | 20.32 | 16.76 | 39.91 | 23.68 |
ROCE | 17.62 | 62.85 | 44.74 | 27.62 | 17.11 |
ROE | 15.63 | 51.04 | 37.12 | 23.32 | 15.89 |
Equity Capital: 3,466.70 Cr FV: 5.00
Period | MF Net Purchase / (sold) | FII Net |
---|---|---|
LAST 1M | 20,210.21 | -2,261.46 |
LAST 3M | 84,754.55 | 29,205.23 |
LAST 6M | 143,739.62 | 78,027.80 |
LAST 12M | 219,616.53 | 194,212.30 |
Date | Action Type | Ratio |
---|---|---|
Nov 01, 2023 | Dividend | 240 |
Jun 12, 2023 | Dividend | 320 |
Oct 25, 2022 | Dividend | 200 |
Cyient Ltd. is an Indian multinational engineering and technology solutions company that offers services such as engineering, manufacturing, digital, and geospatial. It was incorporated in 1991, with its headquarters in Hyderabad. For the quarter ended June 2022, the company’s total income was Rs 1,283.80 crore, up 4.32% from the previous quarter ended March 2022. On 26 August 2022, its market capitalisation stood at Rs 9,424 crore.
Cyient Ltd.’s shares are listed on the Bombay Stock Exchange with the code 532175 and on the National Stock Exchange with the code CYIENT.
The company offers engineering solutions, including product development and life-cycle support, process, network, and content engineering. Its operations persist in two segments—Network & Content Engineering (N&CE) and Engineering, Manufacturing, Industrial Products (EMI). These segments service customers in the industries of telecom, gas, power, transportation, and local government. Cyient Ltd. delivers services and solutions to a diversified base of over 300 customers, including 29 Fortune 500 companies across various industries.
On 30 June 2022, the company’s shareholding pattern indicated a promoter stake of 23.4%, foreign institutional investor stake of 32.68%, domestic institutional investor stake of 23.88%, and public stake of 20.04%. In the June 2022 quarter, the company’s promoters initiated pledges of 1.30% of their holdings. The promoter holdings decreased from 23.41% to 23.40%, while the mutual fund holdings increased from 21.97% to 22.52%. Vineyard Point Software Pvt. Ltd. is the leading promoter with a 12.69% share.
Mr B V R Mohan Reddy is the founder and executive chairman of Cyient Ltd. The other board members include Mr Krishna Bodanapu, Mr Vivek Narayan Gour, Mr Vikas Sehgal, Mr Ajay Aggarwal, Mr M M Murugappan, Mr Vinai Thummalapally, Mr Karthikeyan Natarajan, Mr Alain De Taeye, Mr Ramesh Abhishek, and Ms Matangi Gowrishankar. The auditors of the company are S R Batliboi & Associates LLP. On 30 June 2022, the company disclosed a total of 11.04 crore shares outstanding.
On 26 August 2022, Cyient Ltd.’s share price closed at Rs 854.80 on BSE and it closed at Rs 853.05 on NSE. The 52-week high for Cyient Ltd.’s share price was Rs 1,292, and the 52-week low for the company’s share price was Rs 720.
Cyient Ltd.’s peers include Tata Consultancy Services Ltd., Infosys Ltd., HCL Technologies Ltd., and Wipro Ltd.
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4th Floor A-Wing Plot No 11, Software Unit Layout Madhapur, Hyderabad, Telangana, 500081
Tel | : | 91-40-67641000/67641696/23124006 |
: | Company.Secretary:cyient.com; company.secretary:in | |
Website | : | http://www.cyient.com |
Karvy Computershare Pvt Ltd
AGM Date (Month) | : | Jun |
Face Value Equity Shares | : | 5 |
Market Lot Equity Shares | : | 1 |
BSE Code | : | 532175 |
NSE Code | : | CYIENT |
Book Closure Date (Month) | : | Jun |
BSE Group | : | A |
ISIN | : | INE136B01020 |
You can buy Cyient Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Cyient Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Apr 26, 2024 04:02 PM the closing price of Cyient Ltd was Rs.1,885.80.
Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of Apr 26, 2024 04:02 PM, the market cap of Cyient Ltd stood at Rs. 20,911.64.
The latest PE ratio of Cyient Ltd as of Apr 26, 2024 04:02 PM is 28.98
The latest PB ratio of Cyient Ltd as of Apr 26, 2024 04:02 PM is 0.20
The 52-week high of Cyient Ltd share price is Rs. 2,458.95 while the 52-week low is Rs. 1,150.00
According to analyst recommendations, Cyient Ltd Share has a "Buy" rating for the long term.