Cyient DLM Reports Robust Q1 FY27 Growth: Net Profit Doubles as Order Book Reaches Record High

Integrated electronics manufacturing solutions provider Cyient DLM Limited announced its unaudited financial results for the first quarter ended June 30, 2026. Powered by strong execution in its design-led manufacturing business, the company posted a sharp year-on-year expansion across operational revenue, margins, and net profitability, alongside recording its highest-ever order book since its initial public offering.

Key Financial Highlights

Revenue from Operations: Clambered to ₹3,738.00 million (₹373.8 crores) in Q1 FY27, representing a 34.3% year-on-year growth compared to ₹2,784.27 million reported in Q1 FY26 (and up sequentially from ₹3,690.77 million in Q4 FY26).

EBITDA & Operating Margins: Consolidated EBITDA expanded 56.2% year-on-year to ₹392.00 million (₹39.2 crores), delivering an operating margin of 10.5% and marking four consecutive quarters of healthy double-digit margins.

Profit Before Tax (PBT): More than doubled to ₹222.10 million in Q1 FY27, compared to ₹101.01 million in the corresponding quarter of the previous fiscal year.

Net Profit After Tax (PAT): Surge of 118.2% year-on-year to reach ₹162.85 million (₹16.3 crores) with net profit margins expanding by 168 basis points YoY to 4.4%.

Total Comprehensive Income: Stood at ₹166.08 million for the quarter, compared to ₹74.26 million in Q1 FY26.

Order Book and Cash Flow Dynamics

Cyient DLM demonstrated continued commercial momentum across both existing and new customer segments during the quarter:

Record Order Book: Reached a historic high of ₹25,989.00 million (₹2,598.9 crores).

Order Intake & Book-to-Bill: Registered total order intake of ₹5,519.00 million (₹551.9 crores), yielding a healthy Book-to-Bill ratio of 1.5x.

Free Cash Flow: Reported at ₹(171.00) million (₹-17.1 crores), reflecting active capital investments towards long-term growth and strategic inventory buildup to support upcoming delivery commitments.

Consolidated Expense Breakdown

Total consolidated expenses for Q1 FY27 were ₹3,518.55 million, compared to ₹2,725.02 million in Q1 FY26:

Cost of Materials Consumed: Accounted for ₹2,168.74 million (up from ₹1,616.89 million in Q1 FY26).

Changes in Inventories: Recorded at ₹150.91 million for finished goods, work-in-progress, and stock-in-trade.

Employee Benefits Expense: Rose to ₹644.31 million from ₹577.82 million in Q1 FY26.

Finance Costs: Stood at ₹61.23 million (down from ₹86.16 million in Q1 FY26).

Depreciation & Amortization: Totaled ₹110.95 million.

Other Expenses: Stood at ₹382.41 million.

Tax Provisioning: Total tax outlay for the quarter was ₹59.25 million (comprising current tax of ₹49.01 million and deferred tax of ₹10.24 million).

Standalone Performance Summary

On a standalone basis for Q1 FY27, Cyient DLM reported:

Revenue from Operations: ₹2,828.87 million (up from ₹2,063.30 million in Q1 FY26).

Profit Before Tax: ₹222.93 million (compared to ₹152.50 million in Q1 FY26).

Net Profit After Tax: ₹166.99 million (up from ₹112.72 million in Q1 FY26).

Share Capital and Earnings Per Share

Paid-Up Equity Share Capital: Maintained at ₹793.64 million (face value of ₹10 per share).

Other Equity: Stood at ₹9,327.44 million on a consolidated basis as per the audited balance sheet for the year ended March 31, 2026.

Earnings Per Share (EPS): Basic and diluted consolidated EPS for Q1 FY27 stood at ₹2.05 per share (not annualized), rising sharply from ₹0.94 per share in Q1 FY26.

Commenting on the performance, Rajendra Velagapudi, Managing Director and CEO of Cyient DLM, said, "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.

As we move forward, we will continue to expand our focus on new industry segments such as AI infrastructure, data center technologies, robotics, that require high-reliability electronics manufacturing, and we will continue to strengthen our position in Build-to-Specifications (B2S) in highly complex and regulated industries such as Aerospace & Defence and Healthcare."

Business Highlights

The quarter was marked by strong momentum across key business segments, with Aerospace and Industrial driving major growth, while other segments sustained the momentum. The company continued to execute strongly across customer programs, supported by proactive supply chain initiatives and disciplined program management. The strategic investments made in strengthening our Build-to-Specification capabilities are beginning to gain traction, reflected in increasing customer engagement and a growing opportunity pipeline across key sectors.

Cyient DLM's highest-ever order book reinforces customer confidence and provides strong visibility for future growth. The healthy book-to-bill ratio of 1.5x was driven by continued engagement with existing customers and wins from new customers.

As the global AI infrastructure investments continue to evolve, Cyient DLM is increasing its focus on emerging technology-driven industries and next-generation product categories, including AI infrastructure, data centre technologies, and robotics. Leveraging its engineering heritage and high-reliability manufacturing capabilities, Cyient DLM is well positioned to participate in these evolving market opportunities.

Shares of Cyient DLM Limited was last trading in BSE at Rs. 622.80 as compared to the previous close of Rs. 596.30. The total number of shares traded during the day was 66523 in over 1812 trades.

The stock hit an intraday high of Rs. 628.45 and intraday low of 587.00. The net turnover during the day was Rs. 40456589.00.

Source : Equity Bulls

Keywords

CyientDLM INE055S01018 IndustrialProducts Q1FY27 Q1FY2027 ResultUpdate