Cyient DLM Reports Q2 FY27 Results: Revenue Up 26.5% YoY, Order Book Hits INR 2,813.7 Crores
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 15 Oct 2026, 05:23 PM IST · BSE ID: e2cbe7c1-1948-47e0-aa98-9f3c8c348d48
View Original BSE Filing (PDF)
💡
In Simple Terms
Cyient DLM's Q2 FY27 sales increased significantly, profits grew, and its future work orders reached a new high.
🤖 AI Summary
- Cyient DLM reported Q2 FY27 revenue of INR 393.1 crores, representing a 26.5% year-on-year growth.
- Normalized PAT increased 25.8% YoY to INR 15.82 crore, with an EBITDA margin of 8.7% for Q2 FY27.
- The order book reached an all-time high of INR 2,813.7 crores, increasing by INR 214.8 crores QoQ.
- Reported PAT for Q2 FY27 stood at INR 34.0 crore, including a one-off gain of INR 18.2 crore earnout reversal.
- Free cash flow for Q2 FY27 was INR 17.2 crore, and Altek Electronics integration was completed.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue for Q2 FY27
INR 393.1 crores
26.5%
Q2 FY27 EBITDA
INR 34.2 crore
9.5%
Normalized PAT Q2 FY27
INR 15.82 crore
25.8%
Reported PAT Q2 FY27
INR 34.0 crore
Order Book
INR 2,813.7 crores
Free cash flow Q2 FY27
INR 17.2 crore
🏢 How This Affects the Company
The company reported continued momentum across its Aerospace and Industrial segments, with new customer logos added, indicating expanding market reach and business pipeline. The completion of Altek Electronics integration strengthens its global operating footprint.
Revenue growth of 26.5% YoY and a 25.8% YoY increase in normalized PAT contributed to improved profitability. The all-time-high order book of INR 2,813.7 crores provides revenue visibility, while INR 17.2 crore free cash flow reflects enhanced cash generation.
Investments in sales, strategy, and Build to Specifications (B2S) capabilities are underway to support growth. The integration of Altek Electronics, now Cyient DLM Electronics Inc., expands the company's operational presence in the U.S.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results announcement.
👤
Who Is Affected
Existing shareholders are affected by the company's financial performance, which showed Q2 FY27 revenue of INR 393.1 crores and normalized PAT of INR 15.82 crore.
🔍
Management Signal
Management intends to focus on strengthening core business while investing in high-growth areas and expanding global footprint through acquisitions.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 financial results — check revenue and normalized PAT growth trends.
Updates on order intake across Aerospace and Industrial segments.
Further details on investments in AI and data center infrastructure areas.
LOW RISK
The filing reports positive financial results, strong order book, and strategic growth initiatives.
💡 Investor Takeaway
Cyient DLM reported Q2 FY27 revenue of INR 393.1 crores, a 26.5% YoY increase. Normalized PAT rose 25.8% YoY to INR 15.82 crore. The company’s order book reached INR 2,813.7 crores, an all-time high, confirming strong business momentum and future revenue visibility.
⚖️ Strengths & Concerns
✅ Positives
- Q2 FY27 revenue grew by 26.5% YoY to INR 393.1 crores, demonstrating strong top-line expansion.
- Order Book reached an all-time high of INR 2,813.7 crores, providing future revenue visibility for the company.
⚠️ Concerns
- EBITDA margin for Q2 FY27 was 8.7%, a decrease from the reported PAT margin of 4.0% (normalized) and 8.6% (reported).
- Reported PAT of INR 34.0 crore for Q2 FY27 included a one-off gain of INR 18.2 crore, impacting core profitability comparison.
📅 Company Track Record
Cyient DLM reported Q1 FY27 consolidated revenue up 34.25% to INR 3,738.00 Million and Q1 FY27 revenue up 34.3% to INR 373.8 crores, with an order book at INR 2,598.9 crores. In Q2 FY27, revenue grew by 26.5% YoY to INR 393.1 crores, with the order book increasing to INR 2,813.7 crores QoQ.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Cyient DLM's revenue for Q2 FY27?
Cyient DLM reported a revenue of INR 393.1 crores for Q2 FY27, which represents a 26.5% year-on-year growth.
How much did Cyient DLM's normalized PAT increase in Q2 FY27?
Cyient DLM's normalized PAT increased by 25.8% year-on-year to INR 15.82 crore for Q2 FY27.
What is the current value of Cyient DLM's order book?
The order book for Cyient DLM reached an all-time high of INR 2,813.7 crores as of September 30, 2026.
What was Cyient DLM's free cash flow in Q2 FY27?
Cyient DLM generated a free cash flow of INR 17.2 crore during Q2 FY27, indicating an improvement in cash generation.
Did Cyient DLM complete any acquisitions in Q2 FY27?
Yes, Cyient DLM completed the integration of Altek Electronics, an acquisition in Connecticut, U.S., which has been renamed Cyient DLM Electronics Inc.
Questions based on this BSE filing only. For information purposes.