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CYCYIENTDLM

Cyient DLM Q3 FY26 results (Oct–Dec 2025) and concall

Capital Goods · Concall AI · Call held 20 Jan 2026

Cyient DLM reported a challenging Q3 FY26 with revenue declining 31.7% YoY to INR 3,033 million due to the completion of a large FY25 order and tariff-related uncertainties. Despite this, the company maintained strong order momentum with INR 387 crores in new wins and a book-to-bill ratio of 1.3, growing its order book to INR 23.5 billion. Normalized EBITDA margin expanded by 207 bps YoY to 10.2%, driven by improved mix and operational efficiencies. Management expressed confidence in a strong Q4 FY26 and substantial FY27 growth, with the worst of revenue challenges behind them.

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What they filed

Q3 FY26: revenue down 31.8%, net profit up 0.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue444 428 278 311 303 −32%
EBITDA28 57 25 31 28 +0%
Net profit11 31 7 32 11 +0%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.