Financial Performance Summary

Revenue Performance:

  • Q1FY27 Revenue: INR 373.8 crores
  • Year-over-Year Growth: 34.3%

Profitability Metrics:

  • EBITDA: INR 39.2 crores (56.2% YoY growth)
  • EBITDA Margin: 10.5% (maintained double-digit margins for fourth consecutive quarter)
  • PAT: INR 16.3 crores (118.2% YoY growth)
  • PAT Margin: 4.4% (expanded 168 bps YoY)

Order Book & Business Metrics:

  • Order Book: INR 2,598.9 crores (highest-ever since IPO)
  • Order Intake: INR 551.9 crores
  • Book-to-Bill Ratio: 1.5x

Cash Flow Position:

  • Free Cash Flow: INR -17.1 crores (reflecting investments in growth and buildup of critical inventory to support long-term programs)

Business Segment Performance

The quarter was marked by strong momentum across key business segments:

  • Aerospace and Industrial segments drove major growth
  • Other segments sustained momentum
  • Strong execution across customer programs supported by proactive supply chain initiatives and disciplined program management

Strategic Initiatives & Future Outlook

Strategic Investments:

  • Investments in strengthening Build-to-Specification capabilities are gaining traction
  • Increasing customer engagement and growing opportunity pipeline across key sectors

New Market Focus:

  • Expanding focus on new industry segments: AI infrastructure, data center technologies, robotics
  • Continuing strength in Build-to-Specifications (B2S) in highly complex and regulated industries: Aerospace & Defence and Healthcare

Management Commentary:

Rajendra Velagapudi, Managing Director and CEO, stated: "We have started FY27 with strong momentum, driven by disciplined execution and healthy demand across our key segments. The strong order intake demonstrates our readiness for future growth."

Market Positioning:

  • Leveraging engineering heritage and high-reliability manufacturing capabilities
  • Well positioned to participate in evolving market opportunities from global AI infrastructure investments
  • Focus on emerging technology-driven industries and next-generation product categories

Company Background

Cyient DLM (Established: 1993) is a leading Integrated Electronics Manufacturing Solutions provider offering Design Led Manufacturing (DLM) solutions with expertise in safety-critical electronics in highly regulated industries.