DBT Bureau
Pune, 27 July 2026
Cyient DLM, an integrated electronics manufacturing solutions partner for Design-Led Manufacturing, reported its financial results for the quarter ending June 30, 2026, delivering strong growth, sustained double-digit margins, and the highest order book since IPO.
Financial Highlights
- Revenue for Q1FY27 at INR 373.8 crores, with YoY growth 34.3%
- EBITDA grew 56.2% YoY at INR 39.2 crores with margins at 10.5%, achieving healthy double-digit margins for the fourth consecutive quarter
- PAT more than doubled to INR 16.3 crores, registering 118.2% YoY growth, with margins at 4.4%, expanding 168 bps YoY
- Recorded the highest-ever Order Book at INR 2,598.9 crores
- Order Intake stood at INR 551.9 crores, with a healthy Book-to-Bill ratio of 1.5x, driven by both existing and new customers
- Free Cash Flow stood at INR -17.1 crores, reflecting investments in growth and the buildup of critical inventory to support long-term programs
Commenting on the performance, Rajendra Velagapudi, Managing Director and CEO of Cyient DLM, said, “We have started FY27 with strong momentum, driven by disciplined execution and healthy demand across our key segments. The strong order intake demonstrates our readiness for future growth.
As we move forward, we will continue to expand our focus on new industry segments such as AI infrastructure, data center technologies, robotics, that require high-reliability electronics manufacturing, and we will continue to strengthen our position in Build-to-Specifications (B2S) in highly complex and regulated industries such as Aerospace & Defence and Healthcare.”
Business Highlights
The quarter was marked by strong momentum across key business segments, with Aerospace and Industrial driving major growth, while other segments sustained the momentum. The company continued to execute strongly across customer programs, supported by proactive supply chain initiatives and disciplined program management. The strategic investments made in strengthening our Build-to-Specification capabilities are beginning to gain traction, reflected in increasing customer engagement and a growing opportunity pipeline across key sectors.
Cyient DLM’s highest-ever order book reinforces customer confidence and provides strong visibility for future growth. The healthy book-to-bill ratio of 1.5x was driven by continued engagement with existing customers and wins from new customers.
As the global AI infrastructure investments continue to evolve, Cyient DLM is increasing its focus on emerging technology-driven industries and next-generation product categories, including AI infrastructure, data centre technologies, and robotics. Leveraging its engineering heritage and high-reliability manufacturing capabilities, Cyient DLM is well positioned to participate in these evolving market opportunities.
