Shares of Cyient DLM Ltd slipped as much as 6.8% to ₹448.20 on Tuesday morning after the company posted its Q1 FY26 earnings, which showed a sharp drop in net profit despite revenue and margin expansion.
For the quarter ended June 30, 2025, Cyient DLM reported a net profit of ₹7.5 crore, down 29.6% from ₹10.6 crore in the same quarter last year. This decline came despite an 8% year-on-year growth in revenue, which rose to ₹278.4 crore from ₹257.8 crore, supported by strong demand in aerospace and defence electronics.
Operating performance was steady, with EBITDA climbing 25% to ₹25 crore, compared to ₹20 crore last year. The EBITDA margin improved to 9%, up from 7.8% in Q1 FY25.
The company attributed the decline in profitability to a less favourable revenue mix and higher input costs during the quarter. Still, management reiterated a positive outlook for the rest of FY26, citing a healthy order book and robust pipeline opportunities.
At the time of writing, the stock was trading at ₹448.20, down 6.80% from its previous close of ₹480.90. The stock’s market cap stood at approximately ₹36.05 billion, with a P/E ratio of 53.03 and a 52-week range of ₹378.60 to ₹870.
