Cyient DLM has announced securing significant new contracts worth ₹387 crores across multiple sectors, marking a substantial business development for the engineering and manufacturing services company. The contracts span diverse industries including medical, industrial, aerospace, and mobility sectors, showcasing the company's broad market reach and capabilities.

Contract Portfolio Overview

The secured contracts represent a diversified portfolio across key growth sectors:

Business Impact and Outlook

The company has indicated expectations of increased volume in the fourth quarter, suggesting these contracts will contribute to enhanced business activity in the near term. This multi-sector approach demonstrates Cyient DLM's strategy of maintaining a diversified client base across various high-growth industries.

Strategic Positioning

The contract wins across medical, industrial, aerospace, and mobility sectors highlight the company's comprehensive service offerings and technical capabilities. This diversification strategy helps mitigate sector-specific risks while capitalizing on growth opportunities across multiple industries. The substantial contract value of ₹387 crores represents a significant addition to the company's order book and reinforces its market position in the engineering and manufacturing services space.

Cyient DLM Limited announced its unaudited financial results for the third quarter of FY26, ended December 31, 2025, revealing a challenging quarter marked by significant revenue decline despite maintaining profitability. The board of directors approved these results at their meeting held on January 20, 2026.

Financial Performance Overview

The company's consolidated financial performance showed mixed results for Q3FY26. While revenue faced substantial pressure, the company managed to sustain its profit margins and even achieved modest growth in net profit.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company demonstrated better profitability metrics despite revenue challenges. The consolidated results showed revenue of ₹8,924.08 million compared to ₹10,915.71 million in the corresponding period of FY25, marking an 18% decline.

Standalone vs Consolidated Results

The standalone results showed similar trends with Q3FY26 revenue at ₹2,172.98 million compared to ₹3,573.03 million in Q3FY25, representing a 39% decline. Standalone net profit for the quarter was ₹78.87 million versus ₹155.83 million in the previous year, showing a 49% decrease.

Corporate Developments

During the quarter, the board approved several significant corporate actions:

• IPO Fund Utilization: Approved variation in the objects of IPO funds subject to shareholder approval through postal ballot
• Committee Reconstitution: Restructured the Nomination and Remuneration Committee, Audit Committee, and Risk Management Committee with new member compositions
• Board Meeting Duration: The board meeting commenced at 1:45 PM IST and concluded at 3:30 PM IST

IPO Proceeds Utilization Status

The company provided an update on the utilization of its IPO proceeds as of December 31, 2025:

Other Financial Highlights

The company reported other income of ₹42.92 million for Q3FY26 compared to ₹68.50 million in Q3FY25. Total expenses decreased to ₹2,927.32 million from ₹4,360.77 million year-over-year, primarily driven by lower material costs and reduced other expenses. The company maintained its focus on electronic manufacturing services, which remains its only reportable business segment according to Ind AS 108 Operating Segments.