



Capital Goods | Small Cap
Cyient DLM Ltd presents a mixed but generally positive financial picture, characterized by extraordinary growth and a very strong, low-debt financial structure. The company's solvency is exceptional, meaning it has very little reliance on borrowed money, which significantly reduces financial risk. This is complemented by excellent profitability and rapid expansion in sales and earnings. However, a major area of concern is its operational efficiency. The company is currently slow in converting its inventory into sales and collecting payments from customers. While its ability to meet short-term obligations appears adequate, its cash flow from core operations is strained. The future outlook hinges on its ability to sustain growth while addressing these operational inefficiencies. The current high-growth phase shows signs of slowing in future projections, which is a key factor to watch.
Cyient DLM Ltd presents a mixed but generally positive financial picture, characterized by extraordinary growth and a very strong, low-debt financial structure. The company's solvency is exceptional, meaning it has very little reliance on borrowed money, which significantly reduces financial risk. This is complemented by excellent profitability and rapid expansion in sales and earnings. However, a major area of concern is its operational efficiency. The company is currently slow in converting its inventory into sales and collecting payments from customers. While its ability to meet short-term obligations appears adequate, its cash flow from core operations is strained. The future outlook hinges on its ability to sustain growth while addressing these operational inefficiencies. The current high-growth phase shows signs of slowing in future projections, which is a key factor to watch.
Overall Valuation Score
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Markets Today NSE
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0.00
Avg Price
0.00
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0
Last Traded Quantity
0
Last Traded Time
N/A
Price Movement Indicator
Today's Low: 0.00
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P/E RATIO (TTM)
97.04
Industry Median
74.48
Small Cap Median
74.48
P/E RATIO
74.64
P/B RATIO
5.38
Industry Median
10.83
Small Cap Median
10.83
P/S RATIO
4.34
Industry Median
4.00
Small Cap Median
4.00
Others
PEG RATIO
0.00
EV/EBITDA RATIO
33.67
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹688.95 as on Aug 12, 2026.
The company is in a phase of exceptional and broad-based growth. It has demonstrated an outstanding ability to increase its revenues, profits, and overall size. This rapid expansion points to strong market acceptance and a successful business strategy. However, it's important to note that financial projections indicate this explosive growth is expected to slow down significantly and even reverse in the coming years, suggesting the current pace may not be sustainable.
| Growth Ratios | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Revenue Growth Rate | 43.27 | 27.52 | -17.04 | |
| Operating Profit Growth Rate | 26.14 | 23.42 | -7.3 | |
| Earnings Per Share (EPS) Growth | 28.67 | 11.14 | 7.58 | |
| Asset Growth Rate | 45.07 | 5.68 | -3.07 | |
| Net Income Growth Rate | 90.62 | 11.48 | 7.35 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Hind Rectifiers Ltd | 7.86 | 110.63 | Neutral | 84.00 | 16.78 | 39.00 |
| 2 | Aimtron Electronics Ltd | 7.39 | 74.31 | Neutral | 66.00 | 19.00 | 46.00 |
| 3 | KRN Heat Exchanger and Refrigeration Ltd | 7.27 | 108.28 | Neutral | 112.00 | 10.89 | 76.00 |
| 4 | Cyient DLM Ltd | 7.07 | 74.64 | Neutral | 127.00 | 7.10 | 73.00 |
| 5 | Centum Electronics Ltd | 6.05 | -107.96 | Undervalued | 135.00 | -79.31 | -52.00 |
| 6 | Marine Electricals (India) Ltd | 5.69 | 83.21 | Overvalued | 94.00 | 3.78 | 59.00 |
| 7 | Vinyas Innovative Technologies Ltd | 5.63 | 55.19 | Neutral | 61.00 | 24.53 | 31.00 |
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Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 1 Hour Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bearish
Concall Report⬤27th Apr 26
Q4 FY26 Earnings Conference Call
BULLISH SENTIMENT
Quarterly Report⬤21st Apr 26
Audited Consolidated & Standalone Results – Q4 & FY Ended Mar 31, 2026
UNDEFINED SENTIMENT
Quarterly Report⬤20th Jan 26
Quarterly Financial Results Q3 FY 2025–26
NEUTRAL SENTIMENT
Concall Report⬤24th Dec 25
Q3 FY26 Conference Call Transcript
BULLISH SENTIMENT
Cyient DLM Ltd. is a leading Electronics Manufacturing Services (EMS) provider, a subsidiary of Cyient Ltd. It specializes in design-led manufacturing for highly regulated industries like aerospace, defense, medical, and industrial. The company offers end-to-end solutions including PCB assemblies, cable harnesses, and box-builds for complex systems.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Cyient DLM Ltd's P/E ratio (TTM) is 97.04, compared to the industry median of 74.48 and large cap median of 74.48.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Cyient DLM Ltd's P/B ratio is 5.38, compared to the industry median of 10.83 and large cap median of 10.83.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Cyient DLM Ltd's P/S ratio is 4.34, compared to the industry median of 4.00 and large cap median of 4.00.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Cyient DLM Ltd's PEG ratio is 1.80.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Cyient DLM Ltd's EV/EBITDA ratio is 33.67.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Cyient DLM Ltd's ROE is 7.21%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Cyient DLM Ltd's ROA is 7.73%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Cyient DLM Ltd's ROCE is 10%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Cyient DLM Ltd's operating margin is 10.07%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Cyient DLM Ltd's net margin is 5.79%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Cyient DLM Ltd's current ratio is 2.58.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Cyient DLM Ltd's debt-to-equity ratio is 0.14.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Cyient DLM Ltd's interest coverage ratio is 4.44.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Cyient DLM Ltd's DPS is ₹0.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Cyient DLM Ltd's EPS is 7.58.
(Source line: "Ratios as of 12 Aug 2026, based on last traded price of ₹688.95. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
1993: Incorporated as Rangsons Electronics Pvt Ltd. 2015: Cyient Ltd acquires a 74% stake in Rangsons Electronics, marking its entry into EMS. 2018: Cyient Ltd further increases its stake to 95%. 2022: Rangsons Electronics Pvt Ltd is renamed Cyient DLM Ltd, reflecting its strategic focus on Design-Led Manufacturing. 2023: Successfully launched its Initial Public Offering (IPO) and listed on NSE and BSE.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Printed Circuit Board Assemblies (PCBAs) | 67% (FY23) | Operating Profit |
| Cable Harnesses | 20% (FY23) | Operating Profit |
| Box Builds | 13% (FY23) | Operating Profit |
Krishna Bodanapu (Chairman): MD & CEO of Cyient Ltd, the parent company, providing strategic vision. Rajeev Sharma (MD & CEO): Leads Cyient DLM's growth strategy and operational excellence, with over 30 years of experience in the electronics industry.
No major subsidiaries reported.
Initial Public Offering (IPO) in July 2023, raising approximately ₹592 crores.
References
The Cyient DLM Ltd share price today is ₹688.95 on NSE (CYIENTDLM), as of 12 Aug 2026.
As of 12 Aug 2026, Cyient DLM Ltd share price is ₹688.95, with previous close ₹N/A. Today's range is ₹N/A to ₹N/A. The 52-week range is ₹N/A to ₹N/A.
As of today, Cyient DLM Ltd's market cap is ₹5,470.26 crore (Mid Cap).
Cyient DLM Ltd's current P/E ratio is 97.04, compared to the COMMERCIAL SERVICES & SUPPLIES sector average of 45.
Cyient DLM Ltd's current P/B ratio is 5.38.
Cyient DLM Ltd's current dividend yield is N/A. Last dividend of ₹0.00 per share was declared on N/A.
Cyient DLM Ltd's EPS (TTM) is ₹7.58.
Cyient DLM Ltd. is a leading Electronics Manufacturing Services (EMS) provider, a subsidiary of Cyient Ltd. It specializes in design-led manufacturing for highly regulated industries like aerospace, defense, medical, and industrial. The company offers end-to-end solutions including PCB assemblies, cable harnesses, and box-builds for complex systems.
Cyient DLM Ltd is promoted by Cyient Limited, holding 52.12% as of 12 Aug 2026.
Cyient DLM Ltd is listed on NSE (CYIENTDLM) and BSE (543933). Its next quarterly results are expected on August 2024.