Cyient Limited — Investor Meet, 30-07-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Cyient reported Q1 FY27 DET revenue of INR 1540 Cr (+10.6% YoY) with normalized EBIT margin at 13.2% (+114 bps YoY), driven by cost optimization despite muted growth from discretionary project delays and energy business contraction. Consolidated PAT was INR 114 Cr.

Order intake for DET was strong, up 5.3% YoY, with new business up 64% YoY. The 15% EBIT goal is now targeted for H1 FY28 due to slower revenue ramp-up. Semiconductor business saw strong growth (+5% QoQ organic, $17.9M combined with Kinetic), but breakeven is expected in FY28 due to investments. Management remains confident in strategic shifts like lifecycle engineering and AI integration (TAO acquisition), while acknowledging macro headwinds affecting some segments.