Cyient Limited · NSE:CYIENT

Cyient — Q1 FY26 Earnings Presentation

34 slides from Cyient's earnings presentation, Jul 24, 2025

  1. Slide 1: Cover letter to BSE and NSE

    24 July 2025 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: 532175 Scrip Code: CYIENT Dear Sir/Madam, Sub: Investor Presentation Please find enclosed Investor Presentation i

  2. Slide 2: Investor Presentation Q1 FY26

    INVESTOR PRESENTATION Q1 FY26

  3. 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

  4. Slide 4: Leadership Team

    Leadership Team KRISHNA BODANAPU SUKAMAL BANERJEE PRABHAKAR ATLA Executive Vice-Chairman & Executive Director & CEO President & CFO Managing Director © CYIENT 2025 | Confidential 3

  5. Slide 5: Business Highlights – Highlights for the Group

    Business Highlights DET Business Update Financial Highlights • Highlights for the Group • Business Highlights • DET • BU performance • Group • Key Updates Annexures © CYIENT 2025 | Confidential 4

  6. Slide 6: Business Highlights – DET Business Update

    Business Highlights DET Business Update Financial Highlights • Highlights for the Group • BU performance • DET • Business Highlights • Group • Key Updates Annexures © CYIENT 2025 | Confidential 5

  7. Slide 7: Glossary

    Glossary • Cyient Group Business Segments: • Cyient DET • Cyient DLM • Cyient Semiconductors • Cyient Others • Cyient DET Business Units: • Transportation & Mobility: Aerospace + Rail + Automotive • Networks & Infrastructure: Connectivity + Utilities • Strategic Units: Mining & Minerals + Energy + H

  8. Slide 8: Highlights for the Group

    Highlights for the Group Cyient Semiconductors Cyient Semiconductors’ collaboration with MIPS • Carve out process initiated in FY25 is now completed as • Strategic collaboration to develop domain-optimized per plan; to be reported as a separate segment ASIC (application-specific integrated circuit)

  9. Slide 9: DET Business Update

    Business Highlights DET Business Update Financial Highlights • Highlights for the Group • BU performance • DET • Business Highlights • Group • Key Updates Annexures © CYIENT 2025 | Confidential 8

  10. Slide 10: BU Performance for the Quarter

    BU Performance for the Quarter Cyient DET revenue grew by 0.9% QoQ and 1.0% YoY in US$ terms DET Business Units (US$ Mn) Q1 FY26 QoQ (cc) QoQ ($) YoY (cc) YoY ($) Transportation & Mobility 64.0 1.2% 2.5% 7.1% 7.3% Networks & Infrastructure 50.2 -5.2% -2.9% -1.0% -0.2% Strategic Units 48.0 -2.3% 1.9%

  11. Slide 11: Business Highlights for the Quarter

    Business Highlights for the Quarter Key Deals Analyst Recognitions • Large Deal: A leading APAC based CSP selected Cyient as a • Zinnov: partner to expand their wireless infrastructure in a deal worth o Cyient has expanded its leadership presence from 9 to >$20mn 11 verticals and recognized as Tier

  12. Slide 12: Financial Highlights

    Business Highlights DET Business Update Financial Highlights • Highlights for the Group • BU performance • DET • Business Highlights • Group • Key Updates Annexures © CYIENT 2025 | Confidential 11

  13. Slide 13: Financial Highlights for the Quarter | DET

    Financial Highlights for the Quarter | DET 162.7M$ 1,393cr₹ 12.0% Revenue ($) Revenue (₹) EBIT -1.5% cc QoQ | 0.0% cc YoY -0.3% QoQ | +3.6% YoY -63 bps QoQ | -61 bps YoY +0.9% $ QoQ | +1.0% $ YoY 163Cr₹ 14.81₹ 113cr₹ PAT EPS FCF +7.4% QoQ | +30.0% YoY +7.3% QoQ | +29.6% YoY Note: Above metrics exclu

  14. Slide 14: Financial Highlights for the Quarter | Group

    Financial Highlights for the Quarter | Group 200M$ 1,712cr₹ 9.5% Revenue ($) Revenue (₹) EBIT -1.2% cc YoY +2.2% YoY -239 bps YoY -0.4% $ YoY 154Cr₹ 13.95₹ 200cr₹ PAT EPS FCF +6.9% YoY +6.7% YoY +1428.2% YoY © CYIENT 2025 | Confidential 13

  15. Slide 15: About Cyient

    About Cyient Cyient (Estd: 1991, NSE: CYIENT) delivers intelligent engineering solutions across products, plants, and networks for over 300 global customers, including 30% of the top 100 global innovators. As a company, Cyient is committed to designing a culturally inclusive, socially responsible, a

  16. Slide 16: Disclaimer

    Disclaimer All the references to Cyient’s financial results in this update pertain to the company’s consolidated operations comprising: Wholly-owned and step down subsidiaries: Cyient Europe Limited; Cyient Inc.; Cyient GmbH; Cyient Australia Pty Ltd; Cyient Singapore Private Limited; Cyient KK; Cyi

  17. Slide 17: Connect With Us

    #DesigningTomorrowTogether Connect www.cyient.com With Us Follow us on © CYIENT 2025 | Confidential 16

  18. Slide 18: Annexure Q1 FY26

    INVESTOR PRESENTATION ANNEXURE Q1 FY26

  19. Slide 19: Message from the Management

    Message from the Management Commenting on the results, Mr. Krishna Bodanapu, Executive Vice Chairman and Managing Director, said “This quarter Q1FY26, Cyient Group has delivered yet another resilient performance in line with our expectations across our segments. At a Group level, our cash position a

  20. Slide 20: Message from the Management

    Message from the Management Commenting on the results, Mr. Prabhakar Atla, President and Chief Financial Officer, said, “Q1 FY26 DET revenue stood at US $162.7 Mn, a de-growth of 1.5% QoQ in constant currency terms while remaining flat YoY. Q1 FY26 DET EBIT margin stood at 12%, down by 63 bps QoQ pr

  21. Slide 21: Glossary

    Glossary • Cyient Group Business Segments: • Cyient DET • Cyient DLM • Cyient Semiconductors • Cyient Others • Cyient DET Business Units: • Transportation & Mobility: Aerospace + Rail + Automotive • Connectivity & Networks: Connectivity + Utilities • Strategic Units: Mining & Minerals + Energy + Hea

  22. Slide 22: DET Metrics

    DET METRICS 5

  23. Slide 23: Income Statement | DET

    Income Statement | DET DET UOM Q1 FY26 Q4 FY25 Q1 FY25 Operating Revenue $ Mn 162.7 161.3 161.2 Operating Revenue ₹ Mn 13,925 13,967 13,442 Cost of Revenue ₹ Mn 8,714 8,517 8,184 Gross profit ₹ Mn 5,212 5,450 5,258 Gross margin % 37.4% 39.0% 39.1% Sales and Marketing expenses ₹ Mn 767 756 654 Genera

  24. Slide 24: Other Income | DET

    Other Income | DET Other Income (₹ Mn) DET Q1 FY26 Q4 FY25 Q1 FY25 Income from Investments 143 184 74 Realised gains/(losses) on Fwd Contracts -36 -22 7 Unrealised Fx gains/(losses) 499 212 41 Others 2 17 24 Total 608 391 146 Note: Above metrics exclude the contribution from Cyient Semiconductors se

  25. Slide 25: Cash Generation | DET

    Cash Generation | DET Cash Flow Summary (₹ Mn) DET Q1 FY26 Q4 FY25 Q1 FY25 Profit before tax 2,194 2,185 1,848 Non-cash & non-operating items 663 734 735 Operating profit before WC changes 2,857 2,919 2,583 DSO Movement (Receivables) -140 -709 707 Other WC changes -1,038 912 -1,079 Operating CF afte

  26. Slide 26: Cash Position for the Quarter | DET

    Cash Position for the Quarter | DET Cash Position (₹ Mn) DET Q1 FY26 Q4 FY25 Q1 FY25 Cash & Cash Equivalent including treasury investments 14,684 12,344 7,340 Cash & Bank balances 4,722 2,857 3,695 Investments in FDs 6,688 6,314 1,050 Investment in MFs and Commercial Papers 1,232 1,120 416 Other tre

  27. Slide 27: Other Metrics | DET (1/2)

    Other Metrics | DET (1/2) Revenue by Geography (%) DET Q1 FY26 Q4 FY25 Q1 FY25 Americas 50.9% 50.8% 46.7% Europe, Middle East, Africa 27.9% 30.4% 32.7% Asia Pacific (including India) 21.2% 18.8% 20.6% Note: Above metrics exclude the contribution from Cyient Semiconductors segment Revenue by Currency

  28. Slide 28: Other Metrics | DET (2/2)

    Other Metrics | DET (2/2) Employees DET Q1 FY26 Q4 FY25 Q1 FY25 Total Headcount 13,623 13,777 14,733 Technical & Pool 12,560 12,683 13,594 Non-Technical 403 422 491 Support 660 672 648 Voluntary Attrition (LTM) 16.9% 16.5% 16.0% Note: Above metrics exclude the contribution from Cyient Semiconductors

  29. Slide 29: Group Balance Sheet & Income Statement

    Group Balance Sheet & Income Statement 12

  30. Slide 30: Balance Sheet Extract | Group

    Balance Sheet Extract | Group Group Balance Sheet (₹ Mn) Q1 FY26 Q4 FY25 Q1 FY25 Exchange Rate (₹/$) Q1 FY26 Q4 FY25 Q1 FY25 ASSETS Average 85.57 86.60 83.42 Non-current assets - PPE, CWIP, ROU assets and Other intangible assets 11,897 12,036 11,816 Closing 85.58 85.50 83.46 - Goodwill 18,808 18,040

  31. Slide 31: Income Statement | Group

    Income Statement | Group Group UOM Q1 FY26 Q4 FY25 Q1 FY25 Operating Revenue $ Mn 200.0 211.8 192.5 Operating Revenue ₹ Mn 17,118 19,092 16,757 Cost of Revenue ₹ Mn 11,114 12,196 10,773 Gross profit ₹ Mn 6,004 6,896 5,984 Gross margin % 35.1% 36.1% 35.7% Sales and Marketing expenses ₹ Mn 835 834 728

  32. Slide 32: About Cyient

    About Cyient Cyient (Estd: 1991, NSE: CYIENT) delivers intelligent engineering solutions across products, plants, and networks for over 300 global customers, including 30% of the top 100 global innovators. As a company, Cyient is committed to designing a culturally inclusive, socially responsible, a

  33. Slide 33: Disclaimer

    Disclaimer All the references to Cyient’s financial results in this update pertain to the company’s consolidated operations comprising: Wholly-owned and step down subsidiaries: Cyient Europe Limited; Cyient Inc.; Cyient GmbH; Cyient Australia Pty Ltd; Cyient Singapore Private Limited; Cyient KK; Cyi

  34. Slide 34: Connect With Us

    #DesigningTomorrowTogether Connect www.cyient.com With Us Follow us on © CYIENT 2025 | Confidential 17

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