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    Cyient DLM

    Design-led EMS maker of PCBAs, cable harnesses, box builds for aerospace, defence, medical, industrial OEMs

    Capital Goods
    Industrials
    View CYIENTDLM earnings calls
    ₹473.65
    +17.18% from avg

    Overview

    Price

    ₹473.65

    Market Cap

    ₹5.3k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY23FY24FY25FY26FY26
    LiabilitiesEquity Capital5379797979
    Reserves145830870907933
    Borrowings356192301211172
    Other Liabilities551502443483458
    Total Liabilities1.1k1.6k1.7k1.7k1.6k
    AssetsFixed Assets161192346342355
    CWIP11642
    Investments9066312730
    Other Assets8531.3k1.3k1.3k1.3k
    Total Assets1.1k1.6k1.7k1.7k1.6k

    Valuation

    Assumptions

    Current — CYIENTDLM
    Price
    ₹474
    EPS (TTM)
    ₹8.19
    PE (TTM)
    57.8
    Profit growth
    -5.0%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (58.0×) and current (57.8×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹474
    vs
    Fair value · 15% return
    ₹147
    69%Overvalued

    At -5% growth and a 58× exit, ₹474 only delivers your return if you pay ₹147. The price is currently baking in 17% growth.

    EPS grows -5%/yr for 5 years, then fades to 6% over 2, exits at 58×.

    YearGrowthEPS (₹)
    FY27-5.0%7.78
    FY28-5.0%7.39
    FY29-5.0%7.02
    FY30-5.0%6.67
    FY31-5.0%6.34
    FY320.5% ·fade6.37
    FY336.0% ·fade6.75

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Cyient DLM

    Guides on how to read this kind of business and the numbers that matter.