Cyient Limited — Updates, 24-04-2025: Press Release

**Financial Highlights**: For Q4 FY25, Cyient reported a revenue of ₹1,472 crores, reflecting a slight QoQ decline of 0.5%, and a YoY decrease of 1.2%. EBIT stood at ₹191 crores, with a margin of 13%, while PAT was ₹163 crores, showing a YoY decline of 6%. In FY25, the total revenue reached ₹5,816 crores, down 1.6% YoY. The EBIT margin for the year was 13.5%, with a PAT of ₹605 crores, a drop of 12.2%. The free cash flow for the fiscal year amounted to ₹801 crores.

**Strategic Initiatives and Growth Drivers**: Cyient has launched a semiconductor subsidiary, appointing Suman Narayan as CEO. This move aims to enhance its technology-driven initiatives. The company has a diversified approach with three growth vectors: semiconductor technology, digital engineering services, and engineering-led product manufacturing.

**Business Developments**: The company secured 24 large deals in its DET business with a total contract potential of approximately $370.8 million in FY25, though order intake dropped about 7% YoY, attributed to uncertainties.

**Market Position and Competitive Advantage**: Cyient’s DET segment remains strong with a recognized position in Industry 4.0 and various accolades for its engineering solutions. These achievements highlight its competitive advantage in delivering innovative services and products globally.

**Investor Implications**: Despite facing near-term challenges, Cyient's balanced portfolio and recent leadership changes position it well for sustainable growth. Investors may consider the medium to long-term prospects positively as the company adapts to market conditions.