Cyient Limited — Investor Meet, 30-07-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Cyient's Q1 FY26 DET revenue hit $162.7 million (INR1,393 Cr), with EBIT at 12%, impacted by wage hikes. PAT rose to INR163 Cr. The Semiconductor business carve-out is complete, targeting DET-level margins by Q3. Management is focusing on new deals, with non-renewal business growing to 21% of order intake. Key wins include a $23 million APAC comms deal and an AI partnership with a global medical devices leader. The company is in a stabilization phase, aiming for 15% DET EBIT margin in the medium term. Leadership expressed confidence in the business trajectory amidst a challenging market.