Cyient Limited, formerly known as Infotech Enterprises Limited, is an Indian multinational technology company that specializes in engineering, manufacturing, data analytics, and networks and operations. The company was established in 1991 in Hyderabad by B. V. R. Mohan Reddy and adopted the Cyient name in 2014 after approval from a shareholders' vote.
Partnering with over 300 customers, including 40% of the top 100 global innovators, Cyient solves today's problems to create a digital, autonomous, and sustainable tomorrow. With 16,000 employees from 22 nationalities, the company has established itself as a leader in intelligent engineering solutions across multiple sectors.
Cyient operates through well-defined business segments that cater to diverse industrial needs. The Digital, Engineering & Technology (DET) segment, which contributed 79% of revenue in FY25 versus 85% in FY23, includes Transportation, Connectivity, Sustainability, and New Growth Areas (NGA) like HiTech, Automotive, Semiconductor, and Medical Technologies.
The company serves various industries, including aerospace and defense, communications, rail transportation, healthcare and life sciences, utilities, energy, heavy equipment and industrial, power generation, oil and gas, semiconductor, and automotive. Cyient offers digital services and solutions such as product lifecycle management, manufacturing operations management, service management, geospatial enterprise applications, application engineering, digital advisory services, core digital transformation technologies, and experience design studio services. It also provides custom turnkey ASIC solutions, semiconductor design services, automotive solutions, and geospatial services comprising earth observation, LiDAR, underground mapping, data acquisition, and geospatial solutions.
For FY25, Cyient reported revenue of ₹5,816 Crore with a 12.2% net profit decline, reflecting the challenging market conditions. The company delivered US$ 870 million in revenue at a year-over-year growth of 1.5% in constant currency, with EBIT of 12% (decline of 258 bps YoY), PAT of ₹622 Crore (de-growth of 15.4%), and free cash flow of ₹688 Crore at YoY growth of 6.2%.
For Q4 FY25, the company reported revenue of ₹1,909.20 Crore and net profit of ₹186.40 Crore as of March 2025. Net sales rose 5.8% year-over-year to ₹1,926.40 Crore in Q3 FY25, while consolidated net profit fell 16.9% to ₹122.30 Crore in Q3 FY25 as against ₹147.20 Crore posted in Q3 FY24.
Cyient has a market capitalization of ₹14,376 Crore as per recent data. The company has a market capitalization of ₹15,020 Crore as of May 27, 2025, and is classified as a Mid Cap company according to Value Research. The P/B ratio stands at 2.83 times as of May 27, 2025, representing a 29% discount to its peers' median range of 4.00 times. The P/E ratio is 24.40 times, a 45% discount to its peers' median range of 44.38 times.
The company has launched its semiconductor subsidiary and appointed Suman Narayan as the CEO of Cyient Semiconductors on April 8, 2025. Suman is a globally recognized professional in the semiconductor industry. The recent carve-out, Cyient Semiconductors Private Limited, focuses on Technology Development and Disruption led by AI.
Sukamal Banerjee has joined as Executive Director and Chief Executive Officer (CEO) of Cyient DET. As the company continues to strengthen its core engineering offerings and build technology-led intelligent engineering solutions, Sukamal will provide a solid and stable foundation to lead Cyient DET through a transformative growth phase.
In FY25, the DET segment order intake was US$ 836 million, and the company won 24 large deals in DET business with a total contract potential of US$ 370.8 million. Order intake for DET for the full year stood at US$ 836 million, down year-over-year by about 7%, with the company winning 24 large deals in DET business with a total contract potential of US$ 370.8 million in FY25.
Cyient currently holds 135 patents and operates 30+ technology platforms. The company's innovations, including intelligent software-defined products and robust cloud platforms, ensure a smarter, more autonomous, and greener future. The 'CyientifIQ Experience Center' showcases over 100 intelligent engineering and technology solutions developed with 10+ industry leaders.
The company has business presence across Germany, Japan, Australia, Singapore, Finland, the US, and the UK, with headquarters in Hyderabad, Telangana, India. Cyient maintains a strong presence in the United States, Europe, and Asia, with a network of offices in over 20 countries.
The company has been maintaining a healthy dividend payout of 50.5%, demonstrating its commitment to returning value to shareholders. In the quarter ending September 2024, Cyient declared a dividend of ₹12, translating to a dividend yield of 2.28%.
Cyient continues to position itself as a technology leader in the engineering services space, with strong capabilities in emerging areas like semiconductors, sustainability solutions, and intelligent engineering. Despite facing headwinds in FY25, the company's diversified portfolio, strong client relationships, and strategic investments in high-growth areas provide a foundation for future growth.```
