Cyient DLM Ltd - 543933 - SDD Compliance Certificate For The Quarter Ended September 30, 2023
SDD Compliance Certificate for the quarter ended September 30, 202328-10-2023
28-10-2023
Cyient DET Q2 FY24 net profit up 71% at 173 crore
Cyient DET declared an interim dividend of 12 per share21-10-2023
Cyient DLM Ltd - 543933 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Transcripts of earnings conference call for Q2 results held on 16 October 202319-10-2023
Cyient DLM Ltd - 543933 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Monitoring Agency Report issued by ICRA for the quarter ended 30 September 202318-10-2023
Cyient DLM Ltd - 543933 - Statement Of Deviation And Variation Pursuant To Reg. 32 For The Quarter Ended 30 September 2023
Statement of Deviation and variation pursuant to Reg. 32 for the quarter ended 30 September 202318-10-2023
Cyient DLM Ltd - 543933 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Publication of Q2 FY24 Financial Results18-10-2023
Buy Cyient DLM; target of Rs 870: Motilal Oswal
Motilal Oswal is bullish on Cyient DLM recommended buy rating on the stock with a target price of Rs 870 in its research report dated October 16, 2023.17-10-2023
Q2FY24 Quarterly Result Announced for Cyient DLM Ltd.
Electronic Components company Cyient DLM announced Q2FY24 results: I. Business Overview: - Revenue growth of 71.5% YoY, driven by the Aerospace and Defense segment. - Order Backlog at 22,866 million, with a YoY decrease of 2,601 million. - EBITDA at Rs 235 million, with a YoY decrease of 0.5% due to one-off PPV gains in FY23 and an adverse revenue mix in Q2FY24. - PAT growth of 106.4% YoY, aided by Other Income. II. Highlights of the Quarter: - CYIENT received the Honeywell Supplier Excellence Award for the development of products through early supplier engagement. - Recognized by IPC as a top Indian company contributing significantly to the Electronics sector. - New Bangalore facility to be inaugurated in December, with plans to expand the Mysore facility for cable harness. III. Sectoral Trends: -Aerospace & Defense: The global A&D; EMS market is expected to grow by 6% from 2021 to 2026, driven by emerging markets such as space and supersonics/hypersonic. - Medical Technology & Healthcare: The global MTH EMS market is projected to grow by 6% from 2021 to 2026, with a focus on value-based, patient-centric remote monitoring solutions. - Industrials: The global industrial EMS market is expected to grow by 6.5% from 2021 to 2026, driven by digitization and industry 4.0 concepts. IV. Growth Plans: - Expanding into new industries like Electric vehicles and 5G. - Tapping into emerging EMS destinations in new geographies. - Pursuing inorganic expansion strategy for client proximity, geographic footprint, and expanding capabilities. - Strengthening India Defense focus to add new logos to defense portfolio and tap into the Make in India focus. V. Financials: - Q2FY24 revenue of Rs 2,918 million, with a YoY growth of 71.5%. - EBITDA margin of 8.1%, with a YoY decrease of 571 bps. - PAT margin of 5.0%, with a YoY increase of 85 bps. - Key KPI trends include order book growth, DSO, DIO, DPO, customer advance, and NWC. VI. IPO Proceeds Utilization: - IPO proceeds were utilized for funding working capital requirements, capital expenditure, loan repayment/prepayment, inorganic growth, and general corporate purposes. Result PDF17-10-2023
Cyient DLM Ltd - 543933 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio Recording of Earnings call for Quarterly results17-10-2023
Cyient DLM Results Earnings Call for Q2FY24
Conference Call with Cyient DLM Management and Analysts on Q2FY24 Performance and Outlook. Listen to the full earnings transcript.16-10-2023