Cyient Dlm Limited · NSE:CYIENTDLM
Cyient Dlm — Q4 FY26 Earnings Presentation
37 slides from Cyient Dlm's earnings presentation, Apr 21, 2026
Slide 1: Stock exchange filing cover letter
21 April, 2026 BSE Limited National Stock Exchange of India Ltd PJ Towers, 25th Floor, Exchange Plaza, Dalal Street, Bandra-Kurla Complex, Bandra (E), Mumbai 400001. Mumbai-400 051. Scrip Code: 543933 Scrip Code: CYIENTDLM Sub: Investor Presentation for the quarter and year ended 31 March, 2026 Plea
Slide 2: Investor Presentation Q4 FY26
INVESTOR PRESENTATION Q4 FY26 © CYIENT DLM 2026 | Confidential
Slide 3: Confidentiality Statement
CONFIDENTIALITY STATEMENT The information shared herein is strictly confidential, proprietary and unique to the company. It is only made and shared for the purpose and extent it is intended for and no other. Usage or sharing of the said information in any form, directly or indirectly and in any mann
Slide 4: Today's Presenters
TODAY’S PRESENTERS Krishna Bodanapu Rajendra Velagapudi Subramanian RM Chairman MD & Chief Executive Officer Chief Financial Officer 3 | © CYIENT DLM 2026 | Confidential
Slide 5: Business Overview
Business Finance Updates Overview 4 | © CYIENT DLM 2026 | Confidential
Slide 6: Industry Outlook & Key Highlights – Q4 FY26
BUSINESS OVERVIEW FINANCE UPDATES INDUSTRY OUTLOOK & KEY HIGHLIGHTS – Q4 FY26 EMS MARKET OUTLOOK ($Bn) KEY TRENDS KEY HIGHLIGHTS • Electronification and Digitization across • Awards and Recognition: industries • Increasing Defense spend across regions • Received global recognition at Global • Geopol
Slide 7: Key Strategic Initiatives
BUSINESS OVERVIEW FINANCE UPDATES KEY STRATEGIC INITIATIVES STRENTHEN → EXPAND → AND TRANSFORM: SET STRATEGY 2026- 2027 2027- 2029 2027- 2032 Strengthen Expand Transform - Focus on key markets - Expand into Automotive and India defense - Products/ Platforms Play - Focus on Domestic Market - AI Infra
Slide 8: Finance Updates
Business Finance Updates Overview 7 | © CYIENT DLM 2026 | Confidential
Slide 9: Dashboard – Q4 FY26 DLM Group
BUSINESS OVERVIEW FINANCE UPDATES DASHBOARD – Q4 FY26 DLM GROUP REVENUE EBITDA PAT Comments: • Steady growth in Order ₹ 3,691 Mn ₹ 431 Mn ₹ 224 Mn book. QoQ growth of 15% driven by sustained B2B ratio of 1.2 -13.8% YoY -24.9% YoY -27.6% YoY • Both EBITDA and PAT are highest in last 4 quarters. Order
Slide 10: Dashboard – FY26 DLM Group
BUSINESS OVERVIEW FINANCE UPDATES DASHBOARD – FY26 DLM GROUP REVENUE Normalized EBITDA Reported EBITDA Normalized PAT Reported PAT ₹ 12,615 Mn ₹ 1,302 Mn ₹ 1,268 Mn ₹ 563 Mn ₹ 733 Mn -17.0% YoY -10.2% YoY -12.6% YoY -24.0% YoY 7.7% YoY Normalized EBITDA Reported EBITDA Normalized PAT Reported PAT Or
Slide 11: Key KPI's Trend
BUSINESS OVERVIEW FINANCE UPDATES KEY KPI’s TREND 1 Revenue (INR Mn) EBITDA (INR Mn) Normalized Comments: One-off’s 4442 • EBITDA Margins improved with 4281 3894 3691 574 increase in revenue and operational 3106 3033 431 efficiency 2579 2784 361 316 312 309 200 251 34 • PAT moving in upward trend al
Slide 12: Key KPI's Trend (Order book, working capital days)
BUSINESS OVERVIEW FINANCE UPDATES KEY KPI’s TREND 2 All numbers are in Days and order book in ₹Mn Order Book DIO DPO 83 77 195 70 71 73 184 185 172 64 22,911 23,494 24,166 153 57 21,267 21,429 21,318 50 19,790 19,061 122 129 123 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q4'26 Q1'25 Q2'25 Q3'25 Q4'25
Slide 13: Q4 FY26 Revenue Share
BUSINESS OVERVIEW FINANCE UPDATES Q4 FY26 REVENUE SHARE INDUSTRY PRODUCT CATEGORY MIX 2% 8% 15% 21% Aerospace 1% 39% PCBA Defence Box Build ROW Industrial 48% Cables INDIA Med Tech Mech & Others Others 36% 28% 10% 92% • Defense segment YoY degrowth at • PCBA business share continues to • Rest of the
Slide 14: Financials – Detailed DLM Group
BUSINESS OVERVIEW FINANCE UPDATES FINANCIALS – DETAILED DLM GROUP Amount in ₹ Mn Details Q4 FY26 Q4 FY25 YoY % Notes: Revenue 3,691 4,281 -13.8% • Year-over-year revenue growth influenced by the completion of a large order in FY25. Material cost 2,247 2,806 -19.9% • Finance costs declined by 34.4%,
Slide 15: Financials – DLM Group FY26
BUSINESS OVERVIEW FINANCE UPDATES FINANCIALS – DLM GROUP FY26 Amount in ₹ Mn Details FY26 FY25 YoY Notes: Revenue 12,615 15,196 -17.0% • YoY revenue growth was affected by the completion of a large order in FY25. Material cost 7,522 11,082 -32.1% • Employee expenses and other costs impacted by B2S E
Slide 16: EBITDA & PAT Walk – Reported to Normalized
BUSINESS OVERVIEW FINANCE UPDATES EBITDA & PAT Walk – Reported to Normalized EBITDA PAT Details FY26 Details FY26 Reported EBITDA 1,268 Reported PAT 733 Margin % 10.1% Margin % 5.8% Exceptional Items Exceptional Items M&A expenses 18 M&A expenses (Nett of taxes) 13 Wage Code Impact 16 Wage Code Impa
Slide 17: IPO Proceeds Utilization
BUSINESS OVERVIEW FINANCE UPDATES IPO PROCEEDS UTILIZATION Amount in ₹Mn Amount to Utilization Utilization Objects of the Issue be utilized (Actuals) % Funding incremental working capital requirements ₹ 3,279 ₹ 3,279 100.0% of our Company Funding capital expenditure of our Company ₹ 67 ₹ 67 100.0% R
Slide 18: Q&A
Q&A 17 | © CYIENT DLM 2026 | Confidential
Slide 19: Thank You
THANK YOU www.cyientdlm.com www.cyientdlm.com
Slide 20: Investor Presentation Q4 FY26
INVESTOR PRESENTATION Q4 FY26 © CYIENT DLM 2026 | Confidential
Slide 21: Confidentiality Statement
CONFIDENTIALITY STATEMENT The information shared herein is strictly confidential, proprietary and unique to the company. It is only made and shared for the purpose and extent it is intended for and no other. Usage or sharing of the said information in any form, directly or indirectly and in any mann
Slide 22: Today's Presenters
TODAY’S PRESENTERS Krishna Bodanapu Rajendra Velagapudi Subramanian RM Chairman MD & Chief Executive Officer Chief Financial Officer 3 | © CYIENT DLM 2026 | Confidential
Slide 23: Business Overview
Business Finance Updates Overview 4 | © CYIENT DLM 2026 | Confidential
Slide 24: Industry Outlook & Key Highlights – Q4 FY26
BUSINESS OVERVIEW FINANCE UPDATES INDUSTRY OUTLOOK & KEY HIGHLIGHTS – Q4 FY26 EMS MARKET OUTLOOK ($Bn) KEY TRENDS KEY HIGHLIGHTS • Electronification and Digitization across • Awards and Recognition: industries • Increasing Defense spend across regions • Received global recognition at Global • Geopol
Slide 25: Key Strategic Initiatives
BUSINESS OVERVIEW FINANCE UPDATES KEY STRATEGIC INITIATIVES STRENTHEN → EXPAND → AND TRANSFORM: SET STRATEGY 2026- 2027 2027- 2029 2027- 2032 Strengthen Expand Transform - Focus on key markets - Expand into Automotive and India defense - Products/ Platforms Play - Focus on Domestic Market - AI Infra
Slide 26: Finance Updates
Business Finance Updates Overview 7 | © CYIENT DLM 2026 | Confidential
Slide 27: Dashboard – Q4 FY26 DLM Group
BUSINESS OVERVIEW FINANCE UPDATES DASHBOARD – Q4 FY26 DLM GROUP REVENUE EBITDA PAT Comments: • Steady growth in Order ₹ 3,691 Mn ₹ 431 Mn ₹ 224 Mn book. QoQ growth of 15% driven by sustained B2B ratio of 1.2 -13.8% YoY -24.9% YoY -27.6% YoY • Both EBITDA and PAT are highest in last 4 quarters. Order
Slide 28: Dashboard – FY26 DLM Group
BUSINESS OVERVIEW FINANCE UPDATES DASHBOARD – FY26 DLM GROUP REVENUE Normalized EBITDA Reported EBITDA Normalized PAT Reported PAT ₹ 12,615 Mn ₹ 1,302 Mn ₹ 1,268 Mn ₹ 563 Mn ₹ 733 Mn -17.0% YoY -10.2% YoY -12.6% YoY -24.0% YoY 7.7% YoY Normalized EBITDA Reported EBITDA Normalized PAT Reported PAT Or
Slide 29: Key KPI's Trend
BUSINESS OVERVIEW FINANCE UPDATES KEY KPI’s TREND 1 Revenue (INR Mn) EBITDA (INR Mn) Normalized Comments: One-off’s 4442 • EBITDA Margins improved with 4281 3894 3691 574 increase in revenue and operational 3106 3033 431 efficiency 2579 2784 361 316 312 309 200 251 34 • PAT moving in upward trend al
Slide 30: Key KPI's Trend (Order book, working capital days)
BUSINESS OVERVIEW FINANCE UPDATES KEY KPI’s TREND 2 All numbers are in Days and order book in ₹Mn Order Book DIO DPO 83 77 195 70 71 73 184 185 172 64 22,911 23,494 24,166 153 57 21,267 21,429 21,318 50 19,790 19,061 122 129 123 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q4'26 Q1'25 Q2'25 Q3'25 Q4'25
Slide 31: Q4 FY26 Revenue Share
BUSINESS OVERVIEW FINANCE UPDATES Q4 FY26 REVENUE SHARE INDUSTRY PRODUCT CATEGORY MIX 2% 8% 15% 21% Aerospace 1% 39% PCBA Defence Box Build ROW Industrial 48% Cables INDIA Med Tech Mech & Others Others 36% 28% 10% 92% • Defense segment YoY degrowth at • PCBA business share continues to • Rest of the
Slide 32: Financials – Detailed DLM Group
BUSINESS OVERVIEW FINANCE UPDATES FINANCIALS – DETAILED DLM GROUP Amount in ₹ Mn Details Q4 FY26 Q4 FY25 YoY % Notes: Revenue 3,691 4,281 -13.8% • Year-over-year revenue growth influenced by the completion of a large order in FY25. Material cost 2,247 2,806 -19.9% • Finance costs declined by 34.4%,
Slide 33: Financials – DLM Group FY26
BUSINESS OVERVIEW FINANCE UPDATES FINANCIALS – DLM GROUP FY26 Amount in ₹ Mn Details FY26 FY25 YoY Notes: Revenue 12,615 15,196 -17.0% • YoY revenue growth was affected by the completion of a large order in FY25. Material cost 7,522 11,082 -32.1% • Employee expenses and other costs impacted by B2S E
Slide 34: EBITDA & PAT Walk – Reported to Normalized
BUSINESS OVERVIEW FINANCE UPDATES EBITDA & PAT Walk – Reported to Normalized EBITDA PAT Details FY26 Details FY26 Reported EBITDA 1,268 Reported PAT 733 Margin % 10.1% Margin % 5.8% Exceptional Items Exceptional Items M&A expenses 18 M&A expenses (Nett of taxes) 13 Wage Code Impact 16 Wage Code Impa
Slide 35: IPO Proceeds Utilization
BUSINESS OVERVIEW FINANCE UPDATES IPO PROCEEDS UTILIZATION Amount in ₹Mn Amount to Utilization Utilization Objects of the Issue be utilized (Actuals) % Funding incremental working capital requirements ₹ 3,279 ₹ 3,279 100.0% of our Company Funding capital expenditure of our Company ₹ 67 ₹ 67 100.0% R
Slide 36: Q&A
Q&A 17 | © CYIENT DLM 2026 | Confidential
Slide 37: Thank You
THANK YOU www.cyientdlm.com www.cyientdlm.com