Cyient Foundation Partners with AICTE to Establish Innovation Cluster in Visakhapatnam
Cyient Foundation, the CSR arm of Cyient Ltd, has collaborated with the All India Council for Technical Education (AICTE) to create an innovation cluster in Visakhapatnam. The initiative aims to promote technological development and support emerging technologies in the region. The cluster is expected to benefit local startups and educational institutions by providing resources, mentorship, and collaboration opportunities. This partnership reflects Cyient Ltd's commitment to fostering innovation and supporting local communities, potentially enhancing its reputation and strengthening ties with educational institutions.
06May 25
Cyient's U.S. Subsidiary Hit with $26,780 IRS Penalty, Company Challenges Decision
Cyient Inc., a US subsidiary of Cyient Ltd., has been penalized $26,779.74 by the IRS for alleged non-compliance with the Affordable Care Act's Employer Shared Responsibility Provisions. The company is challenging the decision and working with its Health Insurance broker to seek cancellation of the penalties. Cyient Ltd. states that this penalty will not materially impact its financials.
Cyient Limited announced its Q4 and FY25 financial results, showing a 39% YoY increase in net profit to ₹1,631.00 crore, but a 0.5% QoQ decrease in revenue to ₹14,719.00 crore. The company's stock fell 9.5% due to weak performance and lack of FY26 guidance. For FY25, Cyient's DET segment revenue declined 3% YoY to $687.70 million, with EBIT margin at 13.50%. The company won 24 large deals worth $370.80 million in FY25 but faced challenges with order intake down 7.3% YoY. Cyient launched a semiconductor subsidiary and recommended a final dividend of ₹14.00 per share.
24Apr 25
Cyient Reports Mixed Q4 Results; Expects Challenges to Persist in FY26
Cyient Limited's Q4 FY25 saw revenue decline of 0.50% QoQ and 1.20% YoY to ₹14,719.00 crore, with EBIT margin at 13.00%. Full-year FY25 revenue decreased 1.60% YoY to ₹58,158.00 crore, while EBIT margin fell to 13.50%. Despite challenges, the company achieved record FCF of ₹801.00 crore for DET, became debt-free, and announced a final dividend of ₹14.00 per share. Cyient launched strategic initiatives including a semiconductor subsidiary and new leadership appointments to drive future growth.
Cyient Limited announced its Q4 and FY25 financial results, showing a 0.9% sequential revenue drop to ₹1,909.20 crore in Q4, but with improved EBIT margins at 12.3%. Q4 PAT surged 31.6% QoQ to ₹163.00 crore. FY25 revenue declined 1.6% YoY to ₹58,158.00 crore. The company launched its semiconductor business as a subsidiary, made key leadership appointments, and secured strategic engagements. Cyient DET is now debt-free with a cash balance of ₹13,437.00 crore. A final dividend of ₹14 per share was recommended. Due to ongoing economic challenges, FY26 guidance was withheld.
09Apr 25
Cyient Launches Semiconductor Subsidiary, Tapping into Global Chip Market
Cyient Ltd has established a fully owned semiconductor subsidiary, Cyient Semiconductors, to capitalize on the expanding semiconductor market. The new entity will focus on ASIC turnkey solutions, leveraging Cyient's 25-year expertise in semiconductor design. Led by CEO Suman Narayan, the subsidiary has a global presence across multiple countries. This strategic move aligns with India's national agenda to build a robust semiconductor ecosystem and aims to tap into a market projected to reach $2 trillion by 2032.
08Apr 25
Cyient Launches Semiconductor Subsidiary, Expands Global Chip Market Presence
Cyient has established a fully owned subsidiary, Cyient Semiconductors, focusing on ASIC turnkey solutions and semiconductor design services. The new venture aims to capitalize on the growing semiconductor market, offering specialized services across various industries. With a global presence and 25+ years of experience, Cyient Semiconductors aligns with India's national agenda to build a robust semiconductor ecosystem. The subsidiary will serve sectors including HPC, data centers, industrial automation, communications, automotive, and healthcare.
07Apr 25
Cyient Ltd. Sees Major Block Trade: 502,380 Shares Change Hands for Rs. 55.21 Crores
A significant block trade of Cyient Ltd. shares occurred on the National Stock Exchange (NSE). 502,380 shares were sold at Rs. 1,099.00 per share, totaling Rs. 55.21 crores. This large transaction may indicate changes in major shareholding patterns or institutional investor activity, potentially influencing market perceptions of the stock.
A substantial block trade of Cyient Ltd. shares occurred on the National Stock Exchange (NSE). The transaction involved 159,151 shares, valued at Rs. 20.20 Crores, with each share priced at Rs. 1,269.05. This large-scale trade has drawn attention from investors and market analysts, potentially indicating significant interest from institutional investors or major stakeholders.
06Mar 25
Cyient Ltd. Sees Significant Block Trade on NSE Worth ₹62.99 Crore
A significant block trade of approximately 485,392 Cyient Ltd. shares occurred on the National Stock Exchange (NSE) at ₹1,297.80 per share, totaling ₹62.99 crore. This large-scale transaction in the Indian technology company's stock could potentially impact short-term trading patterns. While the identities of the parties involved remain undisclosed, the size suggests institutional investor involvement.
04Mar 25
Cyient Partners with American Data Solutions to Transform Content Management
Cyient and American Data Solutions (ADS) have formed a strategic partnership to innovate in content management. Announced on March 4, 2025, the alliance combines Cyient's engineering expertise with ADS' advanced technologies. The collaboration aims to create AI-driven, cloud-based solutions for efficient content creation, storage, and distribution. This partnership is expected to streamline operations, improve content accessibility, and enhance decision-making capabilities for businesses across various industries.
20Feb 25
Cyient Ltd: New CEO Appointed Amid Market Uncertainty
Cyient Limited has appointed Sukamal Banerjee as its new Executive Director and CEO, effective February 19, 2025, for a five-year term. This follows the sudden resignation of former CEO Karthikeyan Natarajan, which caused a 20% stock price drop. Banerjee, with 26 years of experience from HCL Tech's ER&D business, will lead Cyient's DET business and join the Board of Directors. The company aims to strengthen its core engineering offerings and build technology-led intelligent engineering solutions under Banerjee's leadership.