Cyient DLM , a leading integrated partner for design-led manufacturing, has reported significant financial developments in its latest results. The company recorded a gain of ₹195.75 million as other income from the fair valuation of earnout liability, positively impacting its financial performance for the quarter. Additionally, Cyient DLM reported a remarkable 130% year-over-year growth in order intake for the first half of the year.

Financial Highlights

The company's quarterly results showcase several key financial metrics:

The reported PAT saw a substantial increase due to the one-off other income gains, including the ₹195.75 million from the fair valuation of earnout liability.

Operational Performance

Cyient DLM demonstrated strong operational resilience:

• Free Cash Flow stood at ₹27 crore, marking the fourth consecutive quarter of positive cash flow.
• H1 Order Intake exceeded ₹1,000 crore, representing a 130% YoY growth.
• The company added two strategic customers in the electric mobility ecosystem.

Management Commentary

Rajendra Velagapudi, MD & CEO of Cyient DLM, stated, "Our profitability has improved significantly this quarter, reflecting the disciplined execution and strategic choices we have made this year. We continue to strengthen our capabilities, expand our customer base, and build a robust pipeline."

Strategic Developments

• Cyient DLM is diversifying its portfolio, with Box-Build solutions driving healthy contribution from global markets outside India.
• The company secured major Build-to-Spec (B2S) projects during the quarter, expected to progress into the next phase of development in the near term.
• Investments are being made to enhance B2S capabilities, integrating advanced design, testing, and certification competencies.

Future Outlook

With a strong order intake growth and a pipeline of large deals in advanced stages, Cyient DLM is positioned for future growth. The company continues to leverage its engineering expertise and manufacturing capabilities to support new-age technologies, particularly in the rapidly evolving electric mobility sector.

The fair valuation gain on earnout liability, while a one-time event, contributes to the company's improved financial position and demonstrates its ability to manage financial obligations effectively.

Investors and stakeholders will likely keep a close watch on how Cyient DLM leverages this financial boost and strong order intake growth to fuel its strategic initiatives and drive sustainable growth in the coming quarters.

Cyient DLM Limited , a prominent player in the electronic manufacturing services sector, has announced the appointment of Dr. Ganesh Natarajan as an Independent Director to its Board. The appointment, effective from October 14, 2025, is for a three-year term, subject to shareholder approval.

Board Approval and Nomination Process

The decision to appoint Dr. Natarajan was made during a board meeting held on October 14, 2025. This appointment follows a recommendation from the company's Nomination and Remuneration Committee, adhering to corporate governance best practices.

Dr. Ganesh Natarajan's Profile

Dr. Natarajan brings a wealth of experience to Cyient DLM's board. He currently serves as the Chairman of several organizations, including:

• 5F World
• GTT Data Solutions
• EPPS
• Honeywell Automation India
• Lighthouse Communities

His illustrious career includes leading roles in the growth of APTECH and Zensar. Dr. Natarajan is also a published author and has held leadership positions in industry bodies, including chairing NASSCOM.

Implications for Cyient DLM

The addition of Dr. Natarajan to the board is expected to bring valuable insights in areas such as:

• Business transformation
• Innovation
• Strategic leadership

His extensive experience across multiple boards positions him well to contribute to Cyient DLM's governance and strategic direction.

Regulatory Compliance

In line with regulatory requirements, Cyient DLM has confirmed that Dr. Natarajan:

1. Is not related to any directors, key managerial personnel, or promoters of the company.
2. Has not been debarred from holding a directorship by any regulatory authority.

This appointment aligns with Cyient DLM's commitment to maintaining a strong and diverse board composition, potentially enhancing its corporate governance structure and strategic capabilities in the electronic manufacturing services industry.