Cyient Ltd.

NSE: CYIENT | BSE: 532175 | ISIN: INE136B01020 | Industry: IT Consulting & Software
| Mid-range Performer
1293.4000 6.20 (0.48%)
NSE May 15, 2025 15:31 PM
Volume: 411.5K
 

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Cyient Ltd.
13 Jan 2017
1293.40
0.48%
IDBI Capital
lower than our forecast. EBIT margin declined by 80bps QoQ to 10.7% missing our forecast. As a result, EPS of Rs8.4, -3.3% QoQ was also a miss. Revenue from top-5 clients continued to outperform the company growth and was +0.2% QoQ, post a 16% CQGR in H1FY17. During the quarter US$10m+ clients grew by 1 QoQ to 11 and US$5m+ clients grew by 2 QoQ to 21. Cyient added 20 new clients in Q3FY17. For FY17, Cyient has reiterated its guidance for core business revenue growth of 10%+ and a 50% growth in DLM (design led manufacturing) business i.e., Rangsons. It has also maintained its EBITDA margin target of flattish margin YoY resulting in a double digit earnings growth....
Emkay decreased Sell price target of Cyient Ltd. to 1270.0 on 25 Apr, 2025.
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