Cyient DLM Limited (CYIENTDLM) AI Stock Analysis

• Market Cap: ₹36.73B
• Dividend Yield: N/A
• Average Volume (3M): 27.32K
• Price to Earnings (P/E): 45.0
• Beta (1Y): 1.16
• 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: -0.24% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 65 Neutral
• Price Target: ₹485.00 ▲(7.51% Upside)

Cyient DLM Limited's overall stock score is driven by strong financial performance, particularly in revenue growth and profitability. However, operational efficiency and cash flow management need improvement. The technical analysis indicates neutral momentum, and the valuation suggests the stock is overvalued, which impacts its attractiveness.

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 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: 451.10
• 50DMA: Positive
• 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 451.1 is above the 20-day moving average (MA) of 447.85, above the 50-day MA of 447.34, and below the 200-day MA of 463.35, indicating a neutral trend. The MACD of 1.54 indicates Negative momentum. The RSI at 49.45 is Neutral, neither overbought nor oversold. The STOCH value of 34.77 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	₹51.00B	24.90	―	0.56%	15.72%	13.40%
NUCLEUS	70 Outperform	₹26.47B	15.81	―	1.24%	4.85%	1.23%
SYRMA	67 Neutral	₹150.18B	69.88	―	0.19%	-3.83%	103.32%
CYIENTDLM	65 Neutral	₹36.73B	44.97	―	―	9.86%	21.38%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
AVALON	61 Neutral	₹74.69B	92.60	―	―	46.95%	326.05%
CENTUM	52 Neutral	₹37.16B	530.87	―	0.24%	8.64%	―

Cyient DLM Limited Corporate Events

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.