{"id":1189,"date":"2026-04-23T14:05:33","date_gmt":"2026-04-23T08:35:33","guid":{"rendered":"https:\/\/www.bullscreen.in\/news\/?p=1189"},"modified":"2026-04-24T17:19:57","modified_gmt":"2026-04-24T11:49:57","slug":"cyient-dlm-q4-results-2026-aerospace-drives-profit-growth-as-revenue-declines","status":"publish","type":"post","link":"https:\/\/www.bullscreen.in\/news\/cyient-dlm-q4-results-2026-aerospace-drives-profit-growth-as-revenue-declines\/","title":{"rendered":"Cyient DLM Q4 Results 2026: Aerospace Drives Profit Growth as Revenue Declines"},"content":{"rendered":"\n

Cyient DLM Limited<\/a> reported a mixed performance in its Q4 results 2026, with declining revenue but stable profitability supported by strong margins and a record order book.<\/p>\n\n\n\n

For the fourth quarter, revenue fell 27.6% year-on-year to \u20b93,691 million, reflecting the completion of large defense orders and softer demand in certain segments. However, EBITDA stood at \u20b9431 million, down 13.8% YoY, while margins improved to 11.7%, indicating better cost control and a shift toward higher-value offerings. Net profit for the quarter declined 24.9% to \u20b9224 million.<\/p>\n\n\n\n

For the full financial year under its Q4 results 2026, revenue dropped 17% YoY to \u20b912,615 million. Despite this, reported profit after tax rose 7.7% to \u20b9733 million, supported by lower finance costs and higher other income, including favorable foreign exchange gains. Normalized EBITDA margin improved to 10.3%, up 78 basis points year-on-year.<\/p>\n\n\n\n

A key highlight of the Q4 results 2026 was the company\u2019s order book, which reached \u20b924,166 million, the highest in the last 10 quarters. Annual order intake stood at 1.5 times revenue, maintaining a strong book-to-bill ratio above 1 across all quarters, signaling healthy demand visibility.<\/p>\n\n\n\n

Geographically, APAC contributed 40% of Q4 revenue, followed by North America at 35% and EMEA at 25%. Aerospace remained the largest segment with a 39% share, while industrial and medical technology contributed 28% and 21%, respectively. The defense segment saw a sharp 68% decline due to the completion of large contracts.<\/p>\n\n\n\n

Cyient DLM is increasingly focusing on high-growth segments such as automotive electronics and AI infrastructure, as part of its long-term strategy. The company has outlined a phased roadmap through 2032, targeting expansion into AI-driven infrastructure and deeper integration in manufacturing capabilities.<\/p>\n\n\n\n

The global EMS market is expected to grow from $650 billion in 2025 to $1.1 trillion by 2033, driven by rising digitization and defense spending. Against this backdrop, Cyient DLM\u2019s strategic shift and strong order pipeline position it well for recovery and long-term growth, despite near-term revenue pressures seen in its Q4 results 2026.<\/p>\n\n\n\n

<\/i><\/span>Cyient DLM Q4 Results 2026 \u2013 Key Financial Highlights <\/h2>
<\/div><\/div>\n\n\n\n
Metric<\/th>FY26 (Full Year)<\/th>YoY Change<\/th>Q4 FY26 (Quarter)<\/th>YoY Change<\/th><\/tr><\/thead>
Revenue<\/td>\u20b912,615 Mn<\/td>-17.0%<\/td>\u20b93,691 Mn<\/td>-27.6%<\/td><\/tr>
Reported EBITDA<\/td>\u20b91,268 Mn<\/td>-12.6%<\/td>\u20b9431 Mn<\/td>-13.8%<\/td><\/tr>
Normalized EBITDA<\/td>\u20b91,302 Mn<\/td>-10.2%<\/td>\u2014<\/td>\u2014<\/td><\/tr>
EBITDA Margin<\/td>10.3%<\/td>+78 bps<\/td>11.7%<\/td>\u2014<\/td><\/tr>
Profit After Tax<\/td>\u20b9733 Mn<\/td>+7.7%<\/td>\u20b9224 Mn<\/td>-24.9%<\/td><\/tr>
Order Book<\/td>\u20b924,166 Mn<\/td>+\u20b95,105 Mn<\/td>\u20b924,166 Mn<\/td>Highest (10 Qtrs)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

<\/i><\/span>Revenue Mix & Market Breakdown (Q4 FY26) <\/h2>
<\/div><\/div>\n\n\n\n
Category<\/th>Segment<\/th>Contribution<\/th><\/tr><\/thead>
Geography<\/td>APAC<\/td>40%<\/td><\/tr>
<\/td>North America<\/td>35%<\/td><\/tr>
<\/td>EMEA<\/td>25%<\/td><\/tr>
Industry<\/td>Aerospace<\/td>39%<\/td><\/tr>
<\/td>Industrial<\/td>28%<\/td><\/tr>
<\/td>Medical Tech<\/td>21%<\/td><\/tr>
<\/td>Defense<\/td>10%<\/td><\/tr>
Product Mix<\/td>PCBA<\/td>48%<\/td><\/tr>
<\/td>Box Build<\/td>36%<\/td><\/tr>
<\/td>Mechanical\/Others<\/td>15%<\/td><\/tr>
Business Split<\/td>Rest of World<\/td>92%<\/td><\/tr>
<\/td>India<\/td>8%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

<\/i><\/span>Key Financial Insights <\/h2>
<\/div><\/div>\n\n\n\n
Parameter<\/th>Details<\/th><\/tr><\/thead>
Order Intake<\/td>1.5x of annual revenue<\/td><\/tr>
Book-to-Bill Ratio<\/td>>1 across all quarters<\/td><\/tr>
Finance Cost<\/td>\u2193 34.4% YoY<\/td><\/tr>
Other Income<\/td>\u2191 54.8% YoY (Forex gains + earnout reversal)<\/td><\/tr>
Free Cash Flow<\/td>\u20b9281 Mn (Operating), \u20b991 Mn (Reported)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Strategic Roadmap (2026\u20132032)<\/strong><\/p>\n\n\n\n

Phase<\/th>Focus Areas<\/th><\/tr><\/thead>
Strengthen (2026\u201327)<\/td>Operational efficiency, domestic growth, B2S capabilities<\/td><\/tr>
Expand (2027\u201329)<\/td>AI infrastructure, Europe defense entry, vertical integration<\/td><\/tr>
Transform (2027\u201332)<\/td>Product platforms, tech partnerships, product-led growth<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Source: https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/e7a12b1b-7b23-40f8-886f-4ecd878344e6.pdf<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Cyient DLM Limited reported a mixed performance in its Q4 results 2026, with declining revenue…<\/p>\n","protected":false},"author":2,"featured_media":1192,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[260,264],"class_list":["post-1189","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace-defense","tag-cyientdlm","tag-q4-results-2026"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/1189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/comments?post=1189"}],"version-history":[{"count":3,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/1189\/revisions"}],"predecessor-version":[{"id":1193,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/1189\/revisions\/1193"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/media\/1192"}],"wp:attachment":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/media?parent=1189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/categories?post=1189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/tags?post=1189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}