Cyient DLM Ltd
Cyient DLM is a leading electronics system design and manufacturing player, which provides system design, integration, testing, and manufacturing of electronic components and subsystems for original equipment manufacturers (OEMs) in the aerospace and defense sectors and other high-tech engineering segments. It has customers in India, Europe, North America, China and Japan.[1]
- Market Cap ₹ 5,407 Cr.
- Current Price ₹ 682
- High / Low ₹ 884 / 580
- Stock P/E 81.3
- Book Value ₹ 115
- Dividend Yield 0.00 %
- ROCE 14.1 %
- ROE 11.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is expected to give good quarter
- Company has delivered good profit growth of 140% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Electronics Industry: Electronics - Components
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|
480 | 457 | 628 | 721 | 832 | 1,192 | 1,233 | |
462 | 443 | 582 | 636 | 744 | 1,081 | 1,122 | |
Operating Profit | 19 | 14 | 46 | 84 | 88 | 111 | 111 |
OPM % | 4% | 3% | 7% | 12% | 11% | 9% | 9% |
2 | 8 | 9 | 8 | 6 | 28 | 36 | |
Interest | 14 | 18 | 21 | 22 | 32 | 34 | 33 |
Depreciation | 8 | 11 | 18 | 19 | 19 | 22 | 24 |
Profit before tax | -1 | -7 | 16 | 51 | 43 | 82 | 89 |
Tax % | -43% | -7% | 24% | 22% | 26% | 25% | |
-1 | -7 | 12 | 40 | 32 | 61 | 66 | |
EPS in Rs | -5.78 | -49.01 | 86.39 | 291.15 | 6.00 | 7.72 | 8.40 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 24% |
TTM: | 40% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 140% |
3 Years: | 73% |
TTM: | 116% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 2% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 18% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 1 | 1 | 53 | 79 |
Reserves | 34 | 24 | 36 | 76 | 145 | 830 |
160 | 308 | 279 | 337 | 356 | 192 | |
271 | 260 | 328 | 363 | 551 | 502 | |
Total Liabilities | 466 | 593 | 645 | 777 | 1,105 | 1,603 |
48 | 106 | 186 | 172 | 161 | 192 | |
CWIP | 1 | 77 | 2 | 3 | 1 | 1 |
Investments | 0 | 0 | 0 | 0 | 90 | 66 |
417 | 410 | 457 | 601 | 853 | 1,344 | |
Total Assets | 466 | 593 | 645 | 777 | 1,105 | 1,603 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
29 | 16 | 35 | 49 | 54 | -71 | |
-10 | -88 | -1 | -32 | -142 | -428 | |
-2 | 72 | -43 | 46 | 72 | 479 | |
Net Cash Flow | 17 | 0 | -9 | 62 | -16 | -19 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 91 | 44 | 132 | 77 | 71 | 69 |
Inventory Days | 170 | 223 | 115 | 181 | 240 | 184 |
Days Payable | 92 | 105 | 140 | 129 | 161 | 127 |
Cash Conversion Cycle | 170 | 161 | 106 | 129 | 150 | 126 |
Working Capital Days | 52 | 43 | 54 | 76 | 65 | 97 |
ROCE % | 4% | 11% | 20% | 16% | 14% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
1d - Enclosed certificate from RTA as per SEBI (DP) Regulations
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Cyient DLM acquires US-based Altek Electronics.
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Announcement under Regulation 30 (LODR)-Acquisition
1d - Cyient DLM acquires 100% stake in Altek Electronics.
-
Board Meeting Outcome for Outcome Of Board Meeting
2d - Board approved acquisition of US entity by Cyient DLM.
-
Board Meeting Intimation for Quarterly Results Of The Company Q2FY25
2d - Board meeting to approve Q2 financial results.
Concalls
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Jul 2024Transcript PPT
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Apr 2024Transcript PPT REC
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Jan 2024Transcript PPT
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Jan 2024TranscriptNotesPPT
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Oct 2023Transcript PPT
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Jul 2023Transcript PPT
Business Profile[1]
Co. develops Low volume, high mix (LVHM) products which is a type of contract manufacturing setup, having a high emphasis on quality and customization according to customer requirements. Company enters into 3-5 year master service agreements (MSA) with its customers.