Cyient Limited · NSE:CYIENT
Cyient — Q2 FY27 Earnings Presentation
35 slides from Cyient's earnings presentation, Oct 22, 2026
Slide 1: Cover letter to stock exchanges
22 October 2026 BSE Limited National Stock Exchange of India Ltd PJ Towers, 25th Floor Exchange Plaza Dalal Street Bandra-Kurla Complex, Bandra(E) Mumbai 400 001. Mumbai-400 051 Scrip Code: 532175 Scrip Code: CYIENT Dear Sir/Madam, Sub: Investor Presentation Please find enclosed Investor Presentatio
Slide 2: Investor Presentation Q2 FY27
Investor Presentation Q2 FY27
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: Leadership Team
Leadership Team Krishna Bodanapu Sukamal Banerjee Shrinivas Kulkarni Executive Vice-Chairman & Executive Director & Chief Financial Officer Managing Director Chief Executive Officer © CYIENT 2026 | Confidential 3
Slide 5: Glossary
Glossary • Cyient Group Business Segments: o Cyient DET o Cyient DLM o Cyient Semiconductors o Cyient Others • Cyient DET Business Units: o Transportation & Mobility: Aerospace + Rail + Automotive o Networks & Infrastructure: Connectivity + Utilities o Strategic Units: Mining & Minerals + Energy + H
Slide 6: Business Highlights, DET Business Update, Financial Highlights
Business Highlights DET Business Update Financial Highlights • Updates for the Group • BU performance • DET • Group © CYIENT 2026 | Confidential 5
Slide 7: Business Highlights
Business Highlights • Updates for the Group • • • © CYIENT 2026 | Confidential 6
Slide 8: Updates for the Group | Q2 (1/2)
UPDATES FOR THE GROUP | Q2 (1/2) Sustained revenue growth, Strong demand momentum Advancing power solutions amid near-term margin pressures in custom ASIC for AI data centers Revenue grew 8% QoQ, marking the 6th Order intake for the custom ASIC business We continue to invest in R&D in consecutive qu
Slide 9: Updates for the Group | Q2 (2/2)
UPDATES FOR THE GROUP | Q2 (2/2) Record order book with Sustained growth momentum Strengthening the foundation book-to-bill of 1.6x across segments for scalable growth Order book momentum continued for Strong revenue growth of 26.5% YoY and Investments in sales and strategic the 6th consecutive quar
Slide 10: DET Business Update
DET Business Update • • BU performance • • © CYIENT 2026 | Confidential 9
Slide 11: BU Performance for the Quarter
BU Performance for the Quarter Cyient DET organic CC revenue grew 1.6% QoQ and 0.4% YoY. DET Business Units (US$ Mn) Q2FY27 QoQ (cc) QoQ ($) YoY (cc) YoY ($) Transportation & Mobility 75.8 4.5% 4.3% 16.5% 14.1% Networks & Infrastructure 52.8 -0.3% -0.6% -1.0% 0.6% Strategic Units 35.3 -1.5% -2.3% -2
Slide 12: Business Highlights, DET Business Update, Financial Highlights
Business Highlights DET Business Update Financial Highlights • Updates for the Group • BU performance • DET • Group © CYIENT 2026 | Confidential 11
Slide 13: Financial Highlights for the Quarter | DET
Financial Highlights for the Quarter | DET 174.2M$ 1,664 Cr₹ 14.2% Revenue ($) Revenue (₹) EBIT 7.5% cc QoQ | 6.3% cc YoY Organic CC: 1.6% QoQ | 0.4% YoY +8.1% QoQ | +15.7% YoY +107 bps QoQ | +206 bps YoY Organic: 2.1% QoQ | 9.3% YoY 153Cr₹ 14.59₹ 214 Cr₹ PAT EPS FCF +8.7% QoQ | 11.9% YoY +14.2% QoQ
Slide 14: Financial Highlights for the Quarter | Group
Financial Highlights for the Quarter | Group 233.9M$ 2,235 Cr₹ 10.2% Revenue ($) Revenue (₹) EBIT +15.3% cc YoY +25.5% YoY +83 bps YoY +14.9% $ YoY 121Cr₹ 11.54₹ 12₹ PAT EPS Interim Dividend -4.8% YoY -0.2% YoY © CYIENT 2026 | Confidential 13
Slide 15: About Cyient
About Cyient Cyient is a global lifecycle engineering services company powering mission-critical industries from design to aftermarket across products, plants, and networks. With 300+ customers and 15,000+ associates across 30+ countries, we combine human expertise, deep domain knowledge, and AI to
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
Slide 17: Thank You
Thank You www.cyient.com Follow us on
Slide 18: Annexure
Investor Presentation Annexure Q2 FY27
Slide 19: Message from the Management
Message from the Management Commenting on the results, Mr. Krishna Bodanapu, Executive Vice Chairman and Managing Director, said:“Q2 FY27 reflects sustained momentum across Cyient Group, with record order books and continued investment in our next phase of growth. Cyient Semiconductors grew revenue
Slide 20: Message from the Management
Message from the Management Commenting on the results, Mr. Sukamal Banerjee, Executive Director and Chief Executive Officer, said, “Q2 FY27 was a strong quarter for Cyient. More importantly, it was the quarter our Intelligent Lifecycle Engineering strategy began to show in the numbers. We delivered
Slide 21: Glossary
Glossary • Cyient Group Business Segments: o Cyient DET o Cyient DLM o Cyient Semiconductors o Cyient Others • Cyient DET Business Units: o Transportation & Mobility: Aerospace + Rail + Automotive o Networks & Infrastructure: Connectivity + Utilities o Strategic Units: Mining & Minerals + Energy + H
Slide 22: DET Metrics
DET Metrics © CYIENT 2026 | Confidential 5
Slide 23: Income Statement | DET
Income Statement | DET DET DET UOM Q2FY27 Q1FY27 Q2 FY26 Operating Revenue $ Mn 174.2 162.5 164.4 Operating Revenue ₹ Mn 16,642 15,402 14,385 Total Cost ₹ Mn 13,681 12,836 12,052 EBITDA (Normalised) ₹ Mn 2,961 2,566 2,333 EBITDA margin % 17.8% 16.7% 16.2% Depreciation and Amortization expenses ₹ Mn
Slide 24: Income Statement | Semiconductor
Income Statement | Semiconductor Semiconductor UOM Q2FY27 Q1FY27 Q2FY26 Operating Revenue $ Mn 19.3 17.9 6.2 Operating Revenue ₹ Mn 1,847 1,697 542 EBITDA ₹ Mn -178 -176 -211 EBITDA margin % -9.6% -10.4% -38.9% Depreciation and Amortization expenses ₹ Mn 122 107 25 EBIT ₹ Mn -300 -284 -235 EBIT marg
Slide 25: Other Income | DET
Other Income | DET Other Income (₹ Mn) DET Q2 FY27 Q1 FY27 Q2 FY26 Income from Investments 85 265 188 Realised gains/(losses) on Fwd Contracts -145 -161 -78 Unrealised Fx gains/(losses) -30 -73 149 Others 12 25 0 Total -78 55 259 © CYIENT 2026 | Confidential 8
Slide 26: Cash Generation | DET
Cash Generation | DET Cash Flow Summary (₹ Mn) DET Q2 FY27 Q1 FY27 Q2 FY26 Profit before tax 2,142 1,854 1,922 Non-cash & non-operating items 880 435 751 Operating profit before WC changes 3,022 2,289 2,674 DSO Movement (Receivables) 91 87 997 Other WC changes 2 (775) -1,420 Operating CF after WC ch
Slide 27: Cash Position for the Quarter | DET
Cash Position for the Quarter | DET Cash Position (₹ Mn) DET Q2FY27 Q1FY27 Q2 FY26 Cash & Cash Equivalent including treasury investments 11,583 16,553 14,173 Cash & Bank balances 4,032 1,886 3,384 Investments in FDs 4,679 7,701 7,579 Investment in MFs and Commercial Papers 1,347 5,455 1,558 Other tr
Slide 28: Other Metrics | DET (1/2)
Other Metrics | DET (1/2) Revenue by Geography (%) DET Q2FY27 Q1FY27 Q2 FY26 Americas 53.9% 52.6% 49.7% Europe, Middle East, Africa 22.7% 24.8% 28.4% Asia Pacific (including India) 23.5% 22.5% 21.9% Revenue by Currency (%) DET Q2FY27 Q1FY27 Q2 FY26 USD 55.6% 54.0% 47.8% EURO 15.1% 15.5% 15.5% GBP 4.
Slide 29: Other Metrics | DET (2/2)
Other Metrics | DET (2/2) Employees DET (excl. TAO Digital) Q2FY27 Q1FY27 Q2 FY26 Total Headcount 14,151 14,175 13,634 Technical & Pool 13,100 13,151 12,560 Non-Technical 418 387 399 Support 633 637 675 Voluntary Attrition (LTM) 14.6% 14.4% 16.8% No. of Million $ Clients DET (excl. TAO Digital) Q2FY
Slide 30: Group Balance Sheet & Income Statement
Group Balance Sheet & Income Statement © CYIENT 2026 | Confidential 13
Slide 31: Balance Sheet Extract | Group
Balance Sheet Extract | Group Group Balance Sheet (₹ Mn) Q2 FY27 Q1 FY27 Q2 FY26 Exchange Rate (₹/$) Q2FY27 Q1FY27 Q2 FY26 ASSETS Average 95.57 94.71 87.42 Non-current assets - PPE, CWIP, ROU assets and Other intangible assets 17,919 13,486 11,578 Closing 95.97 94.65 88.72 - Goodwill 42,411 24,554 1
Slide 32: Income Statement | Group
Income Statement | Group Group UOM Q2FY27 Q1FY27 Q2 FY26 Operating Revenue $ Mn 233.9 219.0 203.5 Operating Revenue ₹ Mn 22,350 20,757 17,810 EBITDA (Normalised) ₹ Mn 3,123 2,779 2,395 EBITDA margin % 14.0% 13.4% 13.4% Depreciation and Amortization expenses ₹ Mn 839 767 722 EBIT (Normalised) ₹ Mn 2,
Slide 33: About Cyient
About Cyient Cyient is a global lifecycle engineering services company powering mission-critical industries from design to aftermarket across products, plants, and networks. With 300+ customers and 15,000+ associates across 30+ countries, we combine human expertise, deep domain knowledge, and AI to
Slide 34: 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
Slide 35: Thank You
Thank You www.cyient.com Follow us on