Cyient DLM reported Q4 FY26 revenue of ₹3,691 Mn, a 13.8% YoY decline, primarily due to the completion of a large defense order from FY25.
The company achieved a record order intake of 1.5x FY26 revenues and maintained a book-to-bill ratio above 1 for all four quarters, with a closing order book of ₹24,166 Mn.
Strategic initiatives under the 'SET' strategy focus on strengthening key markets, expanding into automotive and defense, and transforming through product platforms and potential M&A.
Normalized FY26 PAT was ₹563 Mn (-24% YoY), though reported PAT showed a 7.7% YoY increase to ₹733 Mn due to one-time items like an earnout reversal.