Cyient (CYIENT)₹1,093−3.48%IT Enabled Services
In the Sep 2026 quarter (consolidated), Cyient reported sales of ₹2,233 Cr, up 25.5% from Sep 2025, and net profit of ₹132 Cr, down 7.7% year on year. For the year to Mar 2026, sales were ₹7,258 Cr and net profit ₹462 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,818 | 1,859 | 1,673 | 1,846 | 1,923 | 1,906 | 1,709 | 1,779 | 1,846 | 1,924 | 2,071 | 2,233 |
| Expenses | 1,500 | 1,532 | 1,418 | 1,558 | 1,654 | 1,618 | 1,490 | 1,574 | 1,621 | 1,712 | 1,822 | 1,933 |
| Operating Profit | 327 | 336 | 266 | 298 | 278 | 299 | 228 | 215 | 236 | 222 | 264 | 310 |
| OPM % | 18.1% | 18.1% | 16.0% | 16.0% | 14.1% | 16.0% | 13.0% | 12.1% | 13.0% | 12.0% | 13.0% | 14.0% |
| Other Income | −31.99 | 22.98 | 20.98 | 50.95 | −16.99 | 40.96 | 69.92 | 70.92 | −10.99 | −44.98 | 7.01 | 9.01 |
| Interest | 28.96 | 31.94 | 25.96 | 27.96 | 19.96 | 18.95 | 15.96 | 15.98 | 13.97 | 13.97 | 21.97 | 36.95 |
| Depreciation | 65.74 | 66.80 | 65.79 | 65.76 | 67.79 | 67.79 | 67.74 | 71.77 | 69.79 | 67.77 | 76.71 | 83.65 |
| Profit before tax | 200 | 258 | 194 | 253 | 173 | 251 | 213 | 196 | 139 | 94.67 | 170 | 196 |
| Tax % | 23.0% | 24.0% | 24.0% | 27.0% | 26.0% | 26.0% | 26.0% | 27.0% | 30.0% | 31.0% | 36.0% | 33.0% |
| Exceptional items | −35.92 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10.97 | −26.96 | −16.96 | 0.00 | 0.00 |
| Net Profit | 153 | 197 | 148 | 187 | 128 | 186 | 157 | 143 | 96.87 | 65.85 | 109 | 132 |
| EPS (Rs) | 13.25 | 17.02 | 12.94 | 16.09 | 10.98 | 15.31 | 13.80 | 11.45 | 8.24 | 4.91 | 9.34 | 10.89 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,090 | 3,580 | 3,906 | 4,612 | 4,419 | 4,128 | 4,527 | 6,008 | 7,138 | 7,349 | 7,258 | 8,075 |
| Expenses | 2,692 | 3,122 | 3,405 | 3,999 | 3,897 | 3,569 | 3,731 | 5,031 | 5,866 | 6,251 | 6,395 | 7,087 |
| Operating Profit | 415 | 478 | 521 | 634 | 547 | 576 | 820 | 1,005 | 1,306 | 1,141 | 900 | 1,031 |
| OPM % | 13.1% | 13.1% | 13.0% | 14.1% | 12.0% | 14.1% | 18.1% | 17.1% | 18.1% | 15.0% | 12.0% | 12.8% |
| Other Income | 112 | 78.97 | 147 | 131 | 158 | 140 | 112 | 34.99 | −1.99 | 96.92 | 83.96 | −39.95 |
| Interest | 15.97 | 16.97 | 19.97 | 32.91 | 48.90 | 42.95 | 38.92 | 99.72 | 116 | 92.76 | 60.85 | 86.86 |
| Depreciation | 88.74 | 94.66 | 105 | 111 | 187 | 193 | 191 | 256 | 266 | 266 | 277 | 298 |
| Profit before tax | 420 | 442 | 540 | 618 | 467 | 476 | 695 | 679 | 915 | 872 | 642 | 600 |
| Tax % | 24.0% | 24.0% | 26.0% | 23.0% | 27.0% | 24.0% | 25.0% | 24.0% | 23.0% | 26.0% | 28.0% | — |
| Exceptional items | −4.99 | −19.96 | −3.99 | −2.99 | 0.00 | 0.00 | 0.00 | −30.93 | −45.89 | 2.99 | −48.88 | −43.92 |
| Net Profit | 319 | 339 | 402 | 476 | 341 | 364 | 521 | 514 | 702 | 647 | 462 | 403 |
| EPS (Rs) | 28.87 | 30.43 | 35.87 | 42.22 | 31.05 | 32.95 | 47.21 | 46.41 | 61.42 | 55.31 | 38.38 | 33.38 |
| Dividend payout % | 24.0% | 33.9% | 35.9% | 35.0% | 48.0% | 51.0% | 50.9% | 56.0% | 49.0% | 46.9% | 42.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 56.01 | 55.99 | 55.96 | 56.01 | 54.96 | 55.03 | 55.02 | 54.97 | 54.98 | 55.96 | 55.96 | 56.03 |
| Reserves | 1,794 | 1,780 | 2,067 | 2,296 | 2,517 | 2,515 | 2,911 | 3,073 | 3,420 | 4,215 | 5,268 | 5,642 |
| Borrowings | 148 | 215 | 212 | 284 | 370 | 714 | 579 | 575 | 1,222 | 791 | 515 | 432 |
| Other Liabilities | 581 | 669 | 800 | 773 | 928 | 869 | 945 | 1,069 | 1,817 | 1,886 | 1,801 | 2,139 |
| Total Liabilities | 2,579 | 2,721 | 3,134 | 3,409 | 3,871 | 4,153 | 4,491 | 4,773 | 6,516 | 6,946 | 7,640 | 8,269 |
| Fixed Assets | 790 | 658 | 753 | 800 | 980 | 1,307 | 1,365 | 1,349 | 2,830 | 2,832 | 2,937 | 3,089 |
| CWIP | 10.03 | 10.02 | 26.07 | 52.17 | 104 | 146 | 88.20 | 13.03 | 44.11 | 57.16 | 79.21 | 5.01 |
| Investments | 101 | 160 | 195 | 142 | 54.80 | 40.87 | 33.90 | 444 | 516 | 434 | 500 | 455 |
| Other Assets | 1,678 | 1,893 | 2,160 | 2,416 | 2,732 | 2,659 | 3,004 | 2,968 | 3,126 | 3,622 | 4,124 | 4,719 |
| Inventories | 61.16 | 98.34 | 94.34 | 131 | 183 | 228 | 159 | 280 | 437 | 470 | 578 | 655 |
| Trade receivables | 534 | 614 | 650 | 691 | 814 | 726 | 804 | 733 | 1,127 | 1,262 | 1,406 | 1,307 |
| Cash & equivalents | 624 | 697 | 880 | 982 | 971 | 954 | 1,467 | 1,270 | 721 | 985 | 1,316 | 1,509 |
| Total Assets | 2,579 | 2,721 | 3,134 | 3,409 | 3,871 | 4,153 | 4,491 | 4,773 | 6,516 | 6,946 | 7,640 | 8,269 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 361 | 277 | 418 | 295 | 369 | 580 | 853 | 633 | 552 | 724 | 787 | 785 |
| Cash from investing activity | −450 | −54.22 | −154 | −57.19 | −191 | −147 | −104 | −379 | −1,010 | −539 | −135 | 159 |
| Cash from financing activity | −31.90 | −111 | −92.66 | −136 | −231 | −444 | −252 | −542 | −109 | −265 | −57.84 | −567 |
| Net cash flow | −118 | 113 | 174 | 103 | −51.95 | −10.01 | 498 | −287 | −562 | −76.96 | 598 | 376 |
| Capex | 81.80 | 128 | 108 | 147 | 151 | 214 | 97.63 | 64.81 | 67.75 | 84.75 | 104 | 97.75 |
| Free cash flow | 280 | 150 | 315 | 149 | 226 | 369 | 759 | 571 | 488 | 647 | 686 | 691 |
| CFO / OP % | 119.0% | 92.0% | 109.0% | 89.0% | 81.0% | 133.0% | 171.0% | 98.0% | 68.0% | 77.0% | 92.0% | 118.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 70 | 71 | 65 | 63 | 63 | 59 | 70 | 58 | 67 | 63 | 69 | 65 |
| Inventory days | — | 189 | 124 | 156 | 160 | 211 | 110 | 178 | 228 | 177 | 185 | 303 |
| Days payable | — | 599 | 522 | 453 | 323 | 347 | 314 | 336 | 374 | 189 | 126 | 249 |
| Cash conversion cycle | 70 | −338 | −332 | −234 | −100 | −77 | −134 | −100 | −79 | 51 | 127 | 118 |
| Working capital days | 44 | 42 | 28 | 37 | 48 | 36 | 25 | 24 | 18 | 44 | 65 | 69 |
| ROCE % | 25.0% | 21.9% | 22.0% | 22.9% | 24.0% | 17.0% | 15.0% | 20.0% | 19.9% | 22.0% | 17.0% | 11.9% |
For the Sep 2026 quarter, Cyient reported sales of ₹2,233 Cr, up 25.5% year on year and net profit of ₹132 Cr, down 7.7% year on year. The operating margin was 14.0%.
Cyient's sales for the year to Mar 2026 were ₹7,258 Cr; over the last twelve months they were ₹8,075 Cr.
Net profit for the year to Mar 2026 was ₹462 Cr, and ₹403 Cr over the last twelve months. Earnings per share over the same trailing period were ₹33.38.
Cyient reported borrowings of ₹432 Cr at Mar 2026, against cash and equivalents of ₹1,509 Cr.
Cash from operations was ₹785 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹691 Cr.