Cyient Ltd

Cyient Ltd

₹ 1,896 1.41%
27 Nov 9:47 a.m.
About

Cyient (formerly Infotech Enterprises Limited) is an Indian multinational technology company that is focused on engineering, manufacturing, data analytics, and networks and operations. Infotech Enterprises Ltd. was established in 1991 in Hyderabad.[1]

Key Points

World's Leading Outsourcing company ** Cyient is one among the world's top 30 outsourcing companies**[1] and operates through eight strategic business units: Aerospace & Defense; Transportation; Industrial, energy and natural resources; Semiconductor, Internet of things and Analytics; Medical and Healthcare; Utilities & Geospatial; Communications and Design-led-manufacturing (Cyient DLM).[2]
Cyient DLM’s IPO was completed in July-2023 with proceeds of ~700 crore.[3]
Cyient has its headquarters and development facilities in India and serves a global customer base through its subsidiaries and joint ventures in the USA, UK, Germany, Japan, Australia, Singapore, and India.[4]

  • Market Cap 21,043 Cr.
  • Current Price 1,896
  • High / Low 2,459 / 1,652
  • Stock P/E 42.7
  • Book Value 331
  • Dividend Yield 1.57 %
  • ROCE 22.2 %
  • ROE 17.1 %
  • Face Value 5.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 64.9%

Cons

  • Earnings include an other income of Rs.905 Cr.

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
429 456 477 509 517 605 597 624 628 598 612 570 623
311 312 347 394 434 448 442 436 448 439 442 448 460
Operating Profit 119 144 130 115 82 157 155 188 180 159 170 121 163
OPM % 28% 32% 27% 23% 16% 26% 26% 30% 29% 27% 28% 21% 26%
16 24 207 29 14 22 18 8 5 48 15 14 828
Interest 2 3 3 3 4 4 5 5 3 7 6 5 4
Depreciation 24 25 23 28 30 27 28 23 23 24 25 23 23
Profit before tax 108 141 312 112 63 147 139 167 158 176 154 108 964
Tax % 22% 25% 8% 26% 23% 24% 20% 24% 26% 22% 25% 26% 11%
84 106 287 83 48 111 112 127 118 137 115 80 854
EPS in Rs 7.61 9.64 26.05 7.53 4.39 10.07 10.12 11.51 10.61 12.40 10.38 7.19 76.98
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
1,052 1,224 1,294 1,246 1,292 1,440 1,615 1,523 1,380 1,750 2,228 2,461 2,402
769 880 992 995 1,012 1,065 1,184 1,202 1,037 1,238 1,718 1,765 1,789
Operating Profit 282 344 302 250 280 375 431 321 343 513 510 697 614
OPM % 27% 28% 23% 20% 22% 26% 27% 21% 25% 29% 23% 28% 26%
36 52 103 106 62 203 162 127 120 275 82 75 905
Interest 0 0 1 0 1 1 1 15 15 10 17 22 23
Depreciation 56 65 62 68 54 51 51 99 96 97 114 95 94
Profit before tax 261 332 343 288 287 526 541 334 352 681 462 655 1,402
Tax % 29% 23% 21% 19% 17% 24% 19% 26% 21% 16% 23% 24%
184 255 271 234 237 402 441 248 278 569 355 497 1,186
EPS in Rs 16.52 22.77 24.13 20.76 21.05 35.69 38.98 22.55 25.27 51.59 32.09 44.85 106.95
Dividend Payout % 27% 22% 33% 34% 50% 36% 38% 67% 67% 47% 81% 67%
Compounded Sales Growth
10 Years: 7%
5 Years: 9%
3 Years: 21%
TTM: -2%
Compounded Profit Growth
10 Years: 7%
5 Years: 2%
3 Years: 20%
TTM: 5%
Stock Price CAGR
10 Years: 14%
5 Years: 36%
3 Years: 20%
1 Year: -1%
Return on Equity
10 Years: 16%
5 Years: 16%
3 Years: 18%
Last Year: 17%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 56 56 56 56 56 56 55 55 55 55 55 56 56
Reserves 1,111 1,330 1,524 1,621 1,826 2,005 2,181 2,043 2,343 2,544 2,648 2,879 3,622
0 0 0 0 0 0 0 136 104 116 136 132 108
217 236 260 244 281 340 344 438 537 472 559 570 441
Total Liabilities 1,384 1,622 1,841 1,922 2,163 2,401 2,580 2,673 3,039 3,186 3,398 3,637 4,226
312 313 309 272 256 254 266 436 372 377 474 453 416
CWIP 23 4 3 1 16 46 76 63 77 7 0 1 1
Investments 206 185 480 538 553 577 538 511 501 891 1,509 1,449 1,393
844 1,121 1,049 1,112 1,338 1,523 1,700 1,664 2,089 1,911 1,414 1,734 2,415
Total Assets 1,384 1,622 1,841 1,922 2,163 2,401 2,580 2,673 3,039 3,186 3,398 3,637 4,226

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
123 144 216 258 236 240 230 342 648 301 265 309
-48 59 -283 -46 -2 18 40 -54 -34 -153 -692 123
-39 -47 -72 -160 -74 -189 -288 -407 -44 -428 -333 -358
Net Cash Flow 35 156 -139 52 160 68 -18 -119 570 -279 -760 73

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 63 79 84 82 83 105 115 136 114 96 116 139
Inventory Days
Days Payable
Cash Conversion Cycle 63 79 84 82 83 105 115 136 114 96 116 139
Working Capital Days 48 69 80 78 86 99 127 119 77 90 103 138
ROCE % 24% 26% 23% 18% 17% 26% 25% 16% 16% 27% 17% 22%

Shareholding Pattern

Numbers in percentages

4 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
23.41% 23.41% 23.40% 23.37% 23.36% 23.35% 23.35% 23.20% 23.20% 23.17% 23.16% 23.15%
34.72% 34.02% 32.68% 32.62% 31.07% 32.61% 36.57% 35.71% 34.11% 31.04% 29.47% 28.39%
22.76% 23.33% 23.88% 23.69% 24.92% 24.88% 21.31% 21.57% 22.69% 25.91% 27.08% 29.72%
19.11% 19.25% 20.04% 19.35% 19.67% 18.18% 17.86% 18.63% 19.13% 19.00% 19.45% 17.92%
0.00% 0.00% 0.00% 0.98% 0.98% 0.98% 0.92% 0.90% 0.89% 0.88% 0.84% 0.82%
No. of Shareholders 1,15,8661,16,2971,25,9901,24,6231,22,8521,21,5411,31,5071,45,6151,60,9211,62,0681,81,6401,82,884

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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