Cyient DLM Limited disclosed a net profit of Rs 22.4 crore for the quarter ending March 31, marking a 27.7% decrease from the previous financial year’s Rs 31 crore. The firm’s revenue also saw a decline of 13.8% year-on-year, amounting to Rs 369 crore compared to Rs 428 crore in the corresponding period last fiscal year.
The company’s EBITDA fell by 25% to Rs 42.9 crore, with the EBITDA margin shrinking from 13.4% to 11.6% year-on-year. Despite the quarterly performance dip, Cyient DLM Limited reported a robust order book of Rs 2,416.6 crore by the quarter’s end, the highest in the past eight quarters.
For the full financial year FY26, the company registered an order intake exceeding Rs 1,843 crore, up by Rs 510.5 crore from the preceding financial year. Notably, both EBITDA and profit after tax (PAT) reached their highest levels in the last four quarters, while operating free cash flow stood at Rs 28.1 crore.
The defence segment experienced a significant 68% year-on-year decline in the quarter due to the fulfillment of major aerospace and defence orders. However, aerospace continued to be the primary contributor to the company’s overall business. Financially, finance expenses dropped by 34.4% due to lower interest rates and reduced working capital borrowings, while other income surged by 54.8% supported by favorable foreign exchange movements. Cyient DLM Limited’s shares closed at Rs 360.20 on the BSE, marking a 4.24% increase on Tuesday.
