Cyient Ltd. News and Updates

Name: Latest research reports of Cyient Ltd. authored by Chola Wealth Direct and published by - Trendlyne research reports.
Item: Cyient Ltd.
Rating: 5
Author: Chola Wealth Direct

Keep track of all breaking news on Cyient Ltd. from all sources in a single place.

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Cyient Ltd.

25 Apr 2017

1334.00

-0.95%

EAENING UPDATE - CYIENT LTD

Buy: Cyient Ltd.

Target

Chola Wealth Direct

Background: Cyient is a mid cap IT Company with FY17 revenues of INR 35.9bn specializing in engineering solutions, including product development and life cycle support, process, network & content engineering. In 4QFY17: Ex- DLM business, revenue share by geography: Americas (57.1%), Europe, Middle East, Africa & India (25.1%), and Asia Pacific (17.8%). Revenue share by business unit: Aerospace and Defense (35.7%), Transportation (9.7%), Semiconductor (4.2%), Medical & healthcare (1.9%), Utilities & Geospatial (18.5%), Communication (21.4%). Design Led Manufacturing Business: Revenue by segment, Aerospace and defense (9.2%), Industrial (20.6%), Medical (9.7%), Communication (59.3%) and others (1.2%). Onshore/Offshore split: Onshore (39.2%), Offshore (60.8%). Revenue contribution: Top 5 clients...

Cyient Ltd. has lost -28.03% in the last 6 Months

Cyient Ltd.

24 Apr 2017

1334.00

-0.95%

First State Investments hikes stake in Cyient

Business Line

First State Investments has hiked its stake by 1.03 percentage points in Cyient, formerly Infotech Enterprises, by buying 11.60 lakh shares in the open market. In a BSE filing, Cyient said Colonial...

Number of FII/FPI investors decreased from 303 to 257 in Mar 2025 qtr

First State Investments hikes stake in Cyient to 9.45%

Business Line | 24 Apr 2017

Cyient Ltd.

24 Apr 2017

1334.00

-0.95%

Cyient Ltd

Hold: Cyient Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research US$ revenues grew 3.8% QoQ to $141 million and were below our 4.3% QoQ growth and US$141.7 million estimate. In constant currency terms, revenue grew 3.6% Revenues in rupees grew 2.6% QoQ to | 941 crore, below our 3.3% QoQ growth and | 947.6 crore estimate EBITDA margins declined 10 bps QoQ to 13.3%, below our 14.0% estimate. Margins were adversely impacted mainly by below...

Cyient Ltd. has lost -28.03% in the last 6 Months

Cyient Ltd.

21 Apr 2017

1334.00

-0.95%

Cyient (4QFY17): Good show, priced in. Maintain NEUTRAL

Neutral: Cyient Ltd.

Target

HDFC Securities

Cyient 4Q numbers were decent on the revenue front, owing to a revival in the core engineering business (52% of revenue, 3.5% QoQ). Management is optimistic about Cyient?s growth targets. It has guided for double-digit growth in the core business (ex-DLM), 20% YoY growth in DLM and a 50bps margin expansion.

Cyient Ltd. has lost -28.03% in the last 6 Months

Cyient Ltd.

21 Apr 2017

1334.00

-0.95%

Result Review of Cyient Ltd (CYL)

Buy: Cyient Ltd.

Recommendation Target

IDBI Capital

business grew by 3.2% QoQ (in US$), in-line line with our forecast. However the DLM business grew by 8.7% QoQ, beat our forecast....

Cyient Ltd. has lost -28.03% in the last 6 Months

Cyient Ltd.

20 Apr 2017

1334.00

-0.95%

Cyient net profit declines 17% to about Rs 78 cr

Business Line

Cyient, the engineering services firm formerly known as Infotech Enterprises, has registered revenue of Rs 941 crore in the fourth quarter ended March 31, 2017, as against Rs 917 crore in the...

Number of FII/FPI investors decreased from 303 to 257 in Mar 2025 qtr

Cyient Ltd.

20 Apr 2017

1334.00

-0.95%

Cyient - 4QFY17 Result Update

Buy: Cyient Ltd.

Reliance Securities

Commendable Show on All Counts; FY18 Looks Encouraging Cyient has delivered a strong show in 4QFY17 - on expected lines - with its USD revenue growing by a healthy 3.8% QoQ (3.6% in CC terms) to US$141mn. A healthy 3.3% sequential growth in Core Services business is a positive factor, in our view. While the DNO business grew by a good pace of 3% QoQ, the ENGG business clocked a solid 3.5% QoQ growth. DLM segment grew by 8% QoQ vs. our expectation of double-digit growth. The Management looks forward to an encouraging FY18 with double-digit growth in the Core Services business, 20% growth in DLM, 50bps expansion in EBITDA margin (led by Core Services) and double-digit growth in earnings....