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 ₹ 5,050 Cr.
- Current Price ₹ 637
- High / Low ₹ 884 / 580
- Stock P/E 75.1
- Book Value ₹ 118
- Dividend Yield 0.00 %
- ROCE 14.1 %
- ROE 11.1 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 5.39 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -14.5%
* 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
Part of Nifty Total Market BSE SmallCap BSE Industrials BSE Allcap Nifty Microcap 250
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|
| 832 | 1,192 | 1,330 | |
| 744 | 1,081 | 1,211 | |
| Operating Profit | 88 | 111 | 119 |
| OPM % | 11% | 9% | 9% |
| 6 | 28 | 34 | |
| Interest | 32 | 34 | 37 |
| Depreciation | 19 | 22 | 26 |
| Profit before tax | 43 | 82 | 90 |
| Tax % | 26% | 25% | |
| 32 | 61 | 67 | |
| EPS in Rs | 6.00 | 7.72 | 8.49 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 43% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 91% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -3% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|
| Equity Capital | 53 | 79 | 79 |
| Reserves | 145 | 830 | 858 |
| 356 | 192 | 343 | |
| 551 | 502 | 411 | |
| Total Liabilities | 1,105 | 1,603 | 1,692 |
| 161 | 192 | 198 | |
| CWIP | 1 | 1 | 6 |
| Investments | 90 | 66 | 66 |
| 853 | 1,344 | 1,422 | |
| Total Assets | 1,105 | 1,603 | 1,692 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| 54 | -71 | |
| -142 | -428 | |
| 72 | 479 | |
| Net Cash Flow | -16 | -19 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| Debtor Days | 71 | 69 |
| Inventory Days | 240 | 184 |
| Days Payable | 161 | 127 |
| Cash Conversion Cycle | 150 | 126 |
| Working Capital Days | 65 | 97 |
| ROCE % | 14% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Copy of newspaper publication in connection with postal ballot notice dated 12 November 2024.
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 14 Nov
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Intimation Of Receipt Of STPI IT Export Award Award
14 Nov - Cyient DLM awarded for Best Performer in Electronic Hardware Exports.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 12 Nov
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
6 Nov - Cyient DLM partners with Honeywell for aircraft cooling technology.
Concalls
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Oct 2024TranscriptNotesPPT
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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.