By BullScreen Editorial Team 
Cyient Limited reported its Q4 results 2026, highlighting a phase of stabilization and transformation as the company announced a ₹720 crore share buyback and accelerated investments in semiconductors.
For the full financial year ended March 31, 2026, the company posted consolidated revenue of $820.8 million (₹7,268 crore), marking a 5.7% decline in dollar terms. Profitability remained under pressure, with normalized EBIT margins at 9.5%, down 254 basis points year-on-year. However, normalized profit after tax stood at ₹534 crore, while earnings per share came in at ₹48.42. Free cash flow remained strong at ₹693 crore, supporting capital allocation plans.
In the Q4 results 2026, Cyient’s core Digital, Engineering, and Technology (DET) segment generated revenue of $163.5 million (₹1,500 crore). While revenue dipped 2.4% quarter-on-quarter in constant currency, it saw a marginal 0.8% rise in rupee terms due to favorable forex movement. For the full year, DET revenue reached $657.6 million, with normalized PAT growing 7.2% to ₹588 crore, indicating resilience in the core business.
The company also reported steady progress in its semiconductor business. Cyient Semiconductors delivered $7.2 million in Q4 revenue, marking its fourth consecutive quarter of growth. The segment’s full-year revenue stood at $25.7 million, supported by a strategic majority investment in Kinetic Technologies, adding over 250 products and more than 100 intellectual properties to its portfolio.
Meanwhile, Cyient DLM maintained a strong order momentum, with a book-to-bill ratio of 1.5x and continued double-digit profitability, driven by operational efficiency.
A key highlight of the Q4 results 2026 was the share buyback announcement. The company plans to repurchase up to 6.4 million shares at ₹1,125 per share, with promoters opting out, ensuring greater value for public shareholders.
Cyient continues to serve over 300 global clients, including 30% of the world’s top 100 innovators. Despite near-term revenue pressure, the company’s strategic focus on semiconductors, strong cash flows, and disciplined capital allocation position it for potential recovery and growth in FY27.
| Metric | Q4 FY26 / FY26 Data | Trend |
|---|---|---|
| Total Revenue | $820.8 Mn (₹7,268 Cr) | 🔻 Down 5.7% YoY |
| EBIT Margin | 9.5% | 🔻 Down 254 bps YoY |
| PAT | ₹534 Cr | Stable |
| EPS | ₹48.42 | — |
| Free Cash Flow | ₹693 Cr | Strong |
| Segment | Key Metrics | Performance Highlights |
|---|---|---|
| DET (Core Business) | Q4 Revenue | $163.5 Mn (₹1,500 Cr) |
| QoQ Growth | 🔻 Down 2.4% (CC) | |
| INR Growth | 🔼 Up 0.8% | |
| FY26 Revenue | $657.6 Mn | |
| FY26 PAT | ₹588 Cr (🔼 +7.2% YoY) | |
| Semiconductors | Q4 Revenue | $7.2 Mn |
| Growth Trend | 4th consecutive quarter growth | |
| FY26 Revenue | $25.7 Mn | |
| Strategic Move | Investment in Kinetic Technologies | |
| Cyient DLM | Order Book | 1.5x Book-to-Bill |
| Profitability | Double-digit margins |
| Area | Details |
|---|---|
| Share Buyback | ₹720 Cr buyback at ₹1,125/share |
| Shares to be Bought | Up to 6.4 million |
| Promoter Participation | ❌ Not participating (benefits public shareholders) |
| Client Base | 300+ global clients |
| Top Innovators Exposure | 30% of top 100 global innovators |
| Focus Area | Key Update |
|---|---|
| Semiconductor Expansion | 250+ products, 100+ IPs added |
| SCL Fab Project | Expected closure in Q1 FY27 |
| Capital Strategy | Strong cash + potential fundraising |
| FY27 Outlook | Focus on growth recovery & transformation |
Source: https://www.bseindia.com/xml-data/corpfiling/AttachLive/62da7ef8-93ba-4c88-bbc6-0a866ba92de0.pdf