Cyient DLM posts 26 per cent rise in normalised Q2 profit as order book hits record

Manufacturing growth drives quarterly earnings

Design-led electronics manufacturing company Cyient DLM has posted a 25.8 per cent increase in normalised profit after tax to ₹15.82 crore for the second quarter ending 30 September 2026, driven by sustained demand in high-tech manufacturing segments.

Revenue for the quarter climbed 26.5 per cent year-on-year to ₹393.1 crore. The company's reported profit after tax reached ₹34.0 crore, a figure that includes an exceptional one-off gain of ₹18.2 crore resulting from an earnout reversal.

Operating earnings before interest, tax, depreciation, and amortisation (EBITDA) reached ₹34.2 crore, up 9.5 per cent compared to the same period last year. This yielded an EBITDA margin of 8.7 per cent, alongside a normalised profit margin of 4.0 per cent.

Record order book strengthens revenue outlook

New contract wins and expanding order intake pushed the company's order book to a record high of ₹2,813.7 crore at the end of the quarter, adding ₹214.8 crore on a quarter-on-quarter basis. Order intake grew 11 per cent over the previous quarter and 15.4 per cent year-on-year, maintaining a book-to-bill ratio of 1.6.

Free cash flow generation for the quarter improved to ₹17.2 crore, reflecting disciplined execution and working capital management.

Aerospace and Industrial segments led operational growth during the quarter, with Defence and Medical divisions also adding to total volume. Cyient DLM secured three new key customer logos across its core and emerging operations during the period.

Global footprint and emerging technology Focus

Cyient DLM has completed the integration of its US acquisition in Connecticut, formerly known as Altek Electronics. The unit has been rebranded as Cyient DLM Electronics Inc. to strengthen the firm's global operating footprint and direct onshore presence for North American clients.

Rajendra Velagapudi, managing director and chief executive officer of Cyient DLM, said the firm maintained strong momentum through solid execution and a record order book. He indicated that the company is expanding investments into high-growth segments, including artificial intelligence, data centre infrastructure, robotics, and semiconductor capital equipment.