IT Consulting & Software company Cyient announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Cyient DET* Revenue at Rs 1472 crore, with QoQ de-growth of 0.5% and YoY de-growth of 1.2%. Cyient DET* CC Revenue de-growth at 1.9% QoQ and de-growth at 3.4% YoY. Cyient DET* EBIT of Rs 191 crore, with a margin of 13%. Cyient DET* PAT at Rs 163 crore, with YoY de-growth of 6%. Cyient DET* FCF at Rs 215 crore, FCF to PAT conversion 132%. FY25 Financial Highlights: Cyient DET* Revenue at Rs 5816 crore, YoY de-growth of 1.6%. Cyient DET* CC Revenue de-growth at 3% YoY. Cyient DET* EBIT of Rs 787 crore, with a margin of 13.5%. Cyient DET* PAT at Rs 605 crore, with YoY de-growth of 12.2%. Cyient DET* FCF at Rs 801 crore, FCF to PAT conversion 132%. Final dividend of Rs 14 per share; Total dividend for FY25 at Rs 26 per share. NOTE: *Cyient DET (Digital, Engineering, and Technology) segment Krishna Bodanapu, Executive Vice Chairman and Managing Director, Cyient, said: “For FY25, Cyient Group delivered USD 870 million in revenue at a YoY growth of 1.5% in constant currency, EBIT of 12%, decline of 258 bps YoY, PAT of Rs 622 crore de-growth of 15.4%, and FCF of Rs 688 crore at YoY growth of 6.2%. I am also happy to share that we have launched our semiconductor subsidiary and as we shared with you on April 8, 2025 appointed Suman Narayan as the CEO of Cyient Semiconductors. Suman is a globally recognized professional in the semiconductor industry. At a group level, we now have three well-balanced growth vectors for the future. Our recent carve-out, Cyient Semiconductors Private Limited, focuses on Technology Development and Disruption led by AI. The DET business focuses on Technology Services with Engineering competence as the core, and our DLM business focuses on Engineeringled Product manufacturing opportunities. With this, we are well-positioned to address a wide spectrum of growth opportunities in this emerging macro and geopolitical environment. On the DET front, for FY25, DET business delivered revenue at USD 688 million, de-growth of 3% constant currency YoY. DET EBIT margin stood at 13.5%, declined by 261 bps YoY. Order intake for DET for the full year stood at USD 836 million, down YoY by about 7%, part of the de-growth is attributed to evolving uncertainties through FY25 compared to the previous year. We won 24 large deals in DET business with a total contract potential of USD 370.8 million in FY25. I would also like to extend a warm welcome to Sukamal Banerjee, who has joined us as Executive Director and Chief Executive Officer (CEO) of Cyient DET. As we continue to strengthen our core engineering offerings and build technology-led intelligent engineering solutions, Sukamal will provide a solid and stable foundation to lead Cyient DET through a transformative growth phase. Given our balanced portfolio, we see many opportunities that we can capitalize on for the DET business. Our top customers have demonstrated strong growth this fiscal year despite the headwinds in demand. While there are some uncertainties in the near term, we are working very closely with our customers in navigating through the current challenges. We expect this to last at least through the first half of FY26. I am confident that with our market positioning, global presence, and the new leadership in place, we will emerge stronger to drive sustainable growth in the medium – long term.” Result PDF
Conference Call with Cyient Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
IT Consulting & Software company Cyient announced Q3FY25 results Cyient DET Revenue at Rs 1480 crore, with QoQ growth of 2.1% and YoY degrowth of 0.8%. Cyient DET CC Revenue growth at 2.4% QoQ and degrowth of 1.9% YoY. Cyient DET EBIT of Rs 200 crore, with a margin of 13.5%. Cyient DET PAT at Rs 124 crore, with YoY degrowth of 28.3%. Cyient DET Order Intake grew by 5% YoY. Krishna Bodanapu, Executive Vice Chairman and Managing Director, said: “Cyient Group witnessed positive Q3FY25 results, with quarterly Group revenue at USD 228 million, growth of 4.5% YoY in constant currency. Our Semiconductor business continues to witness excellent traction. We have expanded our partnership with Allegro Microsystems and established a Center of Excellence (CoE) at our Manikonda campus to develop next-generation magnetic sensors and power semiconductor products for the automotive industry. The CoE will be crucial in accelerating the development of power integrated circuit (IC) product portfolios, essential components in electric vehicles, advanced driver-assistance systems (ADAS), and other automotive applications. This development strengthens Cyient's position as a leading partner for companies seeking to develop and manufacture cutting-edge semiconductor products. Further, we are delighted to announce that we have secured approval from our Board of Directors to explore additional capital raise options for our recently announced Semiconductor subsidiary. This aligns with our strategy for semiconductor business towards capital readiness and to drive accelerated growth in the near-medium term. Cyient’s Digital, Engineering and Technology (DET) business delivered revenue at USD 175.2 million, a growth of 2.4% QoQ and degrowth of 1.9% YoY in constant currency. This was driven by growth in Aerospace, Connectivity, and New Growth Areas. The EBIT margin for DET stood at 13.5%, a contraction of 72 bps QoQ, largely led by wage increases and currency headwinds. Our order book has witnessed a strong uptick. Order Intake for Q3, at USD 312.3 million, is the highest ever for Cyient DET, with a QoQ growth of close to 100% and YoY growth of 5%. We have also won 13 large deals in DET business with a total contract potential of USD 234.5 million in Q3FY25. Our pipeline for the year has improved, with large deals contributing significantly to a strong pipeline, positioning us for sustainable growth in the medium term. Karthikeyan Natarajan has decided to step down as Executive Director and Chief Executive Officer of Cyient Limited effective immediately. I have taken charge of the business's operations for the interim. We are grateful to Karthik for his contributions and commitment to the long-term success of the business, and we wish him the best in his future endeavors.” Result PDF