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
