Cyient Limited — Investor Meet, 23-10-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Cyient's Q2 FY26 DET revenue saw a 0.5% QoQ constant currency growth to $164.4 million (₹1,438 crores), with EBIT improving 16bps QoQ to 12.2%. DET PAT was ₹137 crores, impacted by lower FX tailwinds than prior quarters. Group FCF stood strong at ₹173 crores, with an interim dividend of ₹16 declared, reflecting board confidence.

Semiconductor revenue rebounded 12% QoQ, targeting EBIT-neutral by FY27. DLM achieved 130% YoY H1 order intake and robust double-digit margins. Management anticipates a stronger H2 for DET, driven by pipeline growth and ongoing cost optimization. Strategic initiatives focus on a performance culture and digital/AI technology adoption, aiming for 15% DET EBIT by Q4 FY27. Management is confident in the outlook and strategic direction.