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...