Cyient Limited — Investor Meet, 29-04-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Cyient's DET segment reported Q4 revenue of INR 1,500 Cr with 12.4% EBIT margin, driven by operational efficiencies despite revenue softness. Full-year DET revenue was INR 5,819 Cr. Management noted Q4 client budget delays and geopolitical impacts on energy deals. Outlook targets mid-to-high single-digit organic growth and 15% EBIT margin by Q4 FY27.

Order intake was strong, up 23% YoY in Q4. A buyback of up to INR 720 Cr at INR 1,125/share was approved, with promoters opting out, signaling conviction. Cyient Semiconductor plans a small fundraise (10-12% dilution) for value unlock, targeting $100M revenue for FY27. AI is seen as an opportunity, not a threat.