| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 2,235 | 1,781 | +25.5% |
| EBITDA | 312 | 219 | +42.8% |
| EBITDA margin | 14.0% | 12.3% | +1.7 pts |
| Profit before tax | 200 | 201 | −0.8% |
| Net profit | 133 | 143 | −7.3% |
| EPS | ₹11.54 | ₹11.55 | −0.1% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 12,728 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 1,570 | 1,667 | 1,236 | 561 | 793 | ||
| 508 | 481 | 451 | 299 | −3.2 | ||
| 166 | 166 | 214 | 453 | 1,218 | ||
| 11,832 | — | — | — | — | ||
| 8,086 | 7,268 | — | 7,147 | 6,016 | ||
| — | — | — | +18.8% | — | ||
| 1,037 | 910 | — | 1,303 | 1,003 | ||
| 12.8% | 12.5% | — | 18.2% | 16.7% | ||
| 738 | 632 | — | 1,036 | 747 | ||
| 404 | 463 | — | 703 | 514 | ||
| 5.0% | 6.4% | — | 9.8% | 8.6% | ||
| ₹33.46 | ₹38.48 | — | ₹61.40 | ₹46.26 | ||
| — | — | — | +32.7% | — | ||
| — | 787 | — | 726 | 554 | ||
| — | −97.9 | — | −85.3 | −67.5 | ||
| 690 | 690 | — | 641 | 486 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 12,728.0 | |
| - Cash, Equiv & ST Investments | 793.3 | 560.6 | 1,236.0 | 1,666.9 | 1,569.9 | |
| + Minority Interest | -3.2 | 298.8 | 450.9 | 481.4 | 508.0 | |
| + Total Debt | 1,217.8 | 452.6 | 213.8 | 165.8 | 165.8 | |
| Enterprise Value | — | — | — | — | 11,831.9 | |
| Revenue | 6,015.9 | 7,147.2 | — | 7,268.2 | 8,086.1 | |
| Growth %, YoY | — | +18.8 | — | — | — | |
| EBITDA | 1,003.1 | 1,302.8 | — | 910.4 | 1,037.1 | |
| Margin % | 16.67 | 18.23 | — | 12.53 | 12.83 | |
| EBIT | 746.5 | 1,036.1 | — | 632.2 | 738.4 | |
| Net Income | 514.4 | 702.8 | — | 463.0 | 403.9 | |
| Margin % | 8.55 | 9.83 | — | 6.37 | 4.99 | |
| EPS, Adj (current shares) | 46.26 | 61.40 | — | 38.48 | 33.46 | |
| Growth %, YoY | — | +32.7 | — | — | — | |
| Cash from Operations | 553.9 | 726.1 | — | 787.4 | — | |
| Capital Expenditures | -67.5 | -85.3 | — | -97.9 | — | |
| Free Cash Flow | 486.4 | 640.8 | — | 689.5 | 689.5 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Cyient (NSE: CYIENT) had a market capitalisation of ₹11,894 crore at the 29 October 2026 close (₹1,134.90 a share), a PE ratio of 32.0 on the last four quarters' profit and a price-to-book ratio of 2.33. In FY26 its consolidated net profit attributable to shareholders was ₹428 crore on revenue of ₹7,268 crore; in Q2 FY27 (July–September 2026) it was ₹121 crore, down 4.8% year on year. Its debt-to-equity ratio was 0.44 on 30 September 2026. Promoters held 24.76% of the shares on 30 September 2026.
Cyient's PE ratio is 32.0 at the 29 October 2026 close (₹1,134.90 a share): a market capitalisation of ₹11,894 crore divided by consolidated net profit attributable to shareholders of ₹372 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹428 crore) it is 27.8. These four quarters include net exceptional items of −₹114 crore (one-off charges reported separately), so the ratio on recurring profit would differ.
Cyient's price-to-book (PB) ratio is 2.33 at the 29 October 2026 close: a market capitalisation of ₹11,894 crore divided by shareholders' equity (book value) of ₹5,098 crore on 30 September 2026. That is a book value of ₹486.48 per share against a share price of ₹1,134.90.
In FY26, Cyient's return on equity (ROE) was 7.8% and its return on capital employed (ROCE) was 9.7%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities).
Cyient's market capitalisation was ₹11,894 crore at the 29 October 2026 close: 10.48 crore shares at ₹1,134.90 each.
Cyient's basic earnings per share (EPS) were ₹38.78 in FY26. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹34.24.
In 2026, Cyient has declared one dividend: ₹12 (interim) with record date 28 October 2026.
No. Cyient had borrowings of ₹2,480 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.44. Its cash and current investments were ₹1,646 crore, so its net debt was ₹834 crore.
Cyient's debt-to-equity ratio was 0.44 on 30 September 2026: borrowings of ₹2,480 crore against total equity of ₹5,606 crore. A year earlier, on 30 September 2025, it was 0.03.
In FY26, Cyient generated ₹787 crore of cash from operations and spent ₹97.9 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹690 crore.
Cyient's net worth — shareholders' equity in its consolidated balance sheet — was ₹5,098 crore on 30 September 2026, down 8.4% from ₹5,564 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹11,894 crore at the 29 October 2026 close.
Cyient's book value per share was ₹486.48 on 30 September 2026: shareholders' equity of ₹5,098 crore divided by the 10.48 crore shares in issue, down 3.0% from ₹501.28 a year earlier. The share price at the 29 October 2026 close was ₹1,134.90.
Cyient's dividend yield is 1.06% at the 29 October 2026 close: dividends of ₹12 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹1,134.90. They were ₹12 on 28 October 2026 (interim).
Promoters held 24.76% of Cyient on 30 September 2026, up 1.48 percentage points from 23.28% the previous quarter and up 1.48 percentage points from 23.28% a year earlier, according to the shareholding pattern filed with NSE.
Cyient's latest results are for Q2 FY27 (July–September 2026), filed on 22 October 2026: consolidated net profit attributable to shareholders ₹121 crore, down 4.8% from ₹128 crore in Q2 FY26; revenue from operations ₹2,235 crore, up 25.5% year on year.
In FY26 (April 2025–March 2026), Cyient's consolidated net profit attributable to shareholders was ₹428 crore, on revenue from operations of ₹7,268 crore. Over three years, from FY23, net profit was down 16.8%.
On 30 September 2026, Cyient's shares were held by promoters 24.76%, foreign portfolio investors (FII/FPI) 14.71%, domestic institutions (DII) 38.96% (including mutual funds at 30.60%) and retail and other non-institutional investors 21.09%. Over the year, FII holding was down 2.85 percentage points from 17.56% and DII holding was up 0.55 percentage points from 38.41%.
On FY26 consolidated figures, against LTTS and KPIT Tech: Cyient's operating margin of 8.7% is the lowest of the three (LTTS 14.5%, KPIT Tech 14.8%; peer average 14.6%); its return on equity of 7.8% is the lowest of the three (LTTS 20.4%, KPIT Tech 19.8%; peer average 20.1%); its revenue growth over three years of 6.5% a year is the lowest of the three (LTTS 11.1% a year, KPIT Tech 24.3% a year; peer average 17.7% a year).
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Cyient's PE ratio is 27.8, the second highest of the three: LTTS 35.5 and KPIT Tech 22.7, a peer average of 29.1. Each is the company's market capitalisation at that price divided by its FY26 net profit.
Cyient has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
In FY26, Cyient earned net profit attributable to shareholders of ₹428 crore on revenue of ₹7,268 crore, against ₹1,279 crore on ₹10,996 crore for LTTS. Cyient's operating margin was 8.7% (LTTS 14.5%) and its return on equity 7.8% (LTTS 20.4%). At the 29 October 2026 close, Cyient's market capitalisation was ₹11,894 crore against ₹45,370 crore for LTTS, and its PE ratio on FY26 profit 27.8 against 35.5.
From Cyient's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.