Cyient Limited — Q1FY27 earnings call summary

Filed 30 July 2026 · Official transcript

EBIT margin target of 15% deferred to H1 FY28 due to slower revenue ramp; cost controls on track
Free cash flow Rs.114 Cr, 80.5% conversion; capex higher due to IT refresh and project ramp
Transportation & mobility segment grew 3% q-q and 14.8% y-y; energy vertical weak but turnaround expected in 2-3 quarters
Q1 FY27 revenue $162.5M for DET, down 0.5% q-q and 0.9% y-y in constant currency
Semiconductor segment pipeline >$100M; breakeven expected in FY28 due to R&D and amortization
Geopolitical and macro uncertainties persist, impacting discretionary projects and energy segment growth
Order intake up 5.3% y-y; 5 large deals won last two quarters; $300M+ large deal pipeline
EBIT margin improved to 13.2%, up 79 bps q-q normalized; PAT Rs.141 Cr, down 13.5% y-y