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.

18 Jan 2016

1299.10

-0.42%

EARNINGS UPDATE - CYIENT

Buy: Cyient Ltd.

Target

Chola Wealth Direct

Background: Cyient is a mid cap IT Company with FY15 revenues of INR 27.3bn specializing in engineering solutions, including product development and life cycle support, process, network & content engineering. In 3QFY16: Ex- PR business, revenue share by geography: Americas (63.6%), Europe, Middle East, Africa & India (23.2%), and Asia Pacific (13.2%). Revenue share by operating unit: Engineering (62.5%), Data transformation, Network & Operation (37%), and others (0.5%). Revenue share by industry: Aerospace & defense (37.7%), Transportation (10.2%), Off-highway equipment (4.8%), Semiconductor (4.3%), Medical & Electronics (1.5%), Utilities (8.8%), Communication (19.4%), Energy & Natural resources (6%), Commercial & Geospatial (6.9%) and others (0.4%). Onshore/Offshore split:...

Cyient Ltd. is trading below its 100 day SMA of 1394.2

Cyient Ltd.

18 Jan 2016

1299.10

-0.42%

Cyient Ltd

Hold: Cyient Ltd.

ICICI Securities Limited

Cyient Ltd. is trading above its 50 day SMA of 1230.5

Cyient Ltd.

14 Jan 2016

1299.10

-0.42%

Cyient (3QFY16): Disappointment all-round. Maintain NEUTRAL

Hold: Cyient Ltd.

HDFC Securities

Cyient posted rev of US$ 118.4mn (flat QoQ, 0.2% CC), below our est by 3%. The core biz continued to falter, with rev down 0.1% QoQ (USD terms). We believe the company could face growth headwinds in the key aerospace biz (new programs falling), as well as issues in off-highway equipment (mining), semiconductor and energy (totally ~53% of rev).

Cyient Ltd. is trading above its 50 day SMA of 1230.5

Cyient Ltd.

14 Jan 2016

1299.10

-0.42%

Reduced billing days drag Cyient's net profit by 14% to Rs86.84 crore

livemint

Cyients revenue grew 9.8% to `781.79 crore from `771.66 crore a year ago

Cyient Ltd. has an average target of 1625.14 from 7 brokers.

Cyient net profit down 14%

Business Line | 14 Jan 2016

Cyient Ltd.

19 Oct 2015

1299.10

-0.42%

EARNINGS UPDATE - CYIENT

Buy: Cyient Ltd.

Recommendation Target

Chola Wealth Direct

Background: Cyient is a mid cap IT Company with FY15 revenues of INR 27.3bn specializing in engineering solutions, including product development and life cycle support, process, network & content engineering. With 12,094 employee's spread across 35 locations, Cyient caters to multiple industries & its clientele includes 22 Fortune 500 & 27 Global 500 blue chip organizations. Cyient established a 49:51 strategic JV with Pratt & Whitney for its associate aerospace engineering company. It operates in two segments: Data Transformation, Network & Operations (DNO) segment catering to utility, transportation & government verticals & contributes 35.2% of revenues while the Engineering (ENGG) segment addresses solutions in the engineering, manufacturing & industrial product verticals & contributes 63.6% of revenues. The company's business is spread across...

Cyient Ltd. is trading below its 100 day SMA of 1394.2

Cyient Ltd.

16 Oct 2015

1299.10

-0.42%

Cyient: Rich valuations unsustainable given weak core business

Business Standard

Higher volatility in revenues and margins of its acquisitions will reduce earnings predictability and visibility going forward

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

Cyient Ltd.

16 Oct 2015

1299.10

-0.42%

Cyient (2QFY16): Services business continues to falter. Maintain SELL

Sell: Cyient Ltd.

HDFC Securities

Cyient posted revenue of US$ 118.4mn (up 3.6% QoQ, 4.2% CC), which was below our estimate by 1.6%. The services business continues to falter and is down 0.1% QoQ (USD terms). We believe Rangsons? lower profitability and predictability will lead to Cyient stretching margin levers at cost of revenue. Retain SELL with a revised TP of Rs 558 (Rs 528) at 13x one-year forward rolling EPS

Cyient Ltd. has lost -26.94% in the last 6 Months

Cyient Ltd.

15 Oct 2015

1299.10

-0.42%

Cyient net profit increases 9.3% even as operating margin falls

livemint

The companys operating margin, which fell to 15.1% from 16.1%, was impacted by budget cuts at a few large customers

Cyient Ltd. is trading above its 50 day SMA of 1230.5

Cyient Q2 net up 9% to Rs 98.5 crore

Business Standard | 16 Oct 2015 1 more

Cyient Ltd.

06 Oct 2015

1299.10

-0.42%

The man who came from nowhere

Business Line

BVR Mohan Reddy of Cyient has beaten the odds to build a world-class aeronautics solutions firm in India, writes Amrita Nair-Ghaswalla

Cyient Ltd. has an average target of 1625.14 from 7 brokers.

Cyient Ltd.

03 Oct 2015

1299.10

-0.42%

Top management rejig at Cyient

Business Line

Cyient has appointed Venki Padmanabhan as the Senior Vice-President of its Systems and Solutions business, and the CEO of Rangsons Electronics Pvt Ltd (REPL), its electronics system design and man...