Cyient DLM Share Price Surges Over 12% After Strong Q4 Results

Market Performance

Cyient DLM share price jumped 12.3% in early trade on April 23, 2025, reaching an 11-week high of ₹540. This spike comes from the company's best-ever quarterly results since its listing in July 2023.

The stock has rallied over 35% from its recent low of ₹378.60 (April 7, 2025) and is now trading nearly 94% above its IPO price of ₹265 per share.

Despite the recent surge, it remains about 40% lower than its all-time high of ₹870 recorded in February 2024.

Main News

Cyient DLM reported a 36.5% year-on-year increase in net profit for Q4FY24, driven by robust growth in the aerospace and industrial segments.

The company's revenue rose 18.3% yearly, supported by strong order momentum and increased demand from international clients.

Here's a closer look at the financials:

Revenue

• ₹428 crore in Q4FY24, up from ₹361.8 crore in Q4FY23
• FY24 full-year revenue stood at ₹1,520 crore, compared to ₹1,192 crore in FY23

EBITDA

• ₹57.3 crore in Q4FY24, versus ₹38 crore a year ago

EBITDA Margins

• Expanded to 13.4%, up from 10.5% in Q4FY23

Net Profits

• ₹31 crore in Q4FY24, compared to ₹22.7 crore in Q4FY23
• FY24 net profit rose 11.5% to ₹68 crore

Company Details

Cyient DLM, a design-led manufacturing (DLM) solutions provider, continues to show resilience across verticals:

• The aerospace segment surged 53% YoY, becoming a key revenue driver
• The defense segment declined 43% YoY due to reduced contributions from a top client
• Industrial and Med-tech segments rose 84% and 296% YoY, respectively, aided by the Altek acquisition
• PCBA business registered a steady 13% YoY growth
• Box Build segment posted 8% YoY growth
• Cable and Mechanical categories grew 167% YoY

From a regional perspective, international demand surged, increasing the contribution of the Rest of the World (ROW). In contrast, India's business stood at 29%, which was primarily supported by defense.

Cyient DLM's full-stack capability—spanning design, testing, manufacturing, and certification—makes it a crucial player in safety-critical electronics across regulated industries.

Summary of the Article

• Cyient DLM share price surged 12.3%, hitting ₹540 after a stellar Q4 performance
• Q4 net profit climbed 36.5%, revenue rose 18.3%, and EBITDA margins expanded
• Aerospace, industrial, and med-tech segments showed strong momentum
• The stock has rebounded 35% since early April, trading 94% above the IPO price
• The company continues to benefit from international demand and strategic acquisitions