A fundamental analysis of Cyient (CYIENT) covering revenue trends, profitability, valuation, and shareholding patterns.
Cyient Revenue Trend
The top line held its ground: Cyient came in at ₹7,445 Cr in FY2026, on par with FY2025.
Stepping back, the 10-year revenue CAGR of 9.1% shows Cyient has been growing at a moderate, sustainable pace.
At ₹7,445 Cr in annual revenue, Cyient is one of the mid-sized players in the computers - software space.
| Year | Revenue | YoY % |
|---|---|---|
| FY2026 | ₹7,445 Cr | -0.2% |
| FY2025 | ₹7,457 Cr | +3.4% |
| FY2024 | ₹7,213 Cr | +18.3% |
| FY2023 | ₹6,097 Cr | +31.2% |
| FY2022 | ₹4,646 Cr | — |
View Cyient's full 10-year revenue trend with CAGR analysis →
Cyient Profitability
Earnings pressure was evident — Cyient's net profit fell 28.6% to ₹463 Cr in FY2026.
The company's net margin contracted to 6.2% in FY2026 from 8.7% in FY2025.
On an EPS basis, the company earned ₹38.54 (diluted) in FY2026 versus ₹55.51 in FY2025.
Is Cyient Undervalued
The P/E Ratio model estimates an intrinsic value of ₹922, implying a 6.3% upside from the current price.
Cyient shares are currently trading at ₹867.40.
Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹922 | 6.3% upside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for Cyient with detailed assumptions →
Cyient Shareholding Pattern
A stable promoter holding of 23.3% over 4 quarters suggests the management group is comfortable with its position.
The FII stake is at 15.3% as of March 2026, compared to 21.4% in the year-ago period.
The DII stake stands at 41.0% as of March 2026, versus 35.6% in the year-ago period.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 23.3% | 15.3% | 41.0% | 19.8% |
| Dec 2025 | 23.3% | 15.3% | 39.5% | 21.3% |
| Sep 2025 | 23.3% | 17.6% | 38.4% | 20.1% |
| Jun 2025 | 23.3% | 21.4% | 35.6% | 19.0% |
Track quarterly shareholding changes for Cyient →
Cyient Balance Sheet
Proportional view as of 13 Jul 2026. Hover blocks for details.
Assets
Liabilities & Equity
Total assets stood at ₹83.24B at the end of FY2026, up 8.2% from ₹76.95B a year earlier.
Intangibles & Goodwill is the largest block at 28.4%, followed by Receivables at 22.6% and Cash & ST Investments at 20.0%.
Equity makes up 74.0% of liabilities and equity, with debt at 5.2% and operating liabilities at 20.8%. Over the year, debt is down 16.0% and equity is up 7.0%.
Balance sheet composition — FY 2026
| Category | Value |
|---|---|
| Cash & ST Investments | 16.67B |
| Receivables | 18.80B |
| Inventories | 6.53B |
| Property, Plant & Equipment | 4.80B |
| Investments | 2.48B |
| Intangibles & Goodwill | 23.65B |
| Other Assets | 10.32B |
| Category | Value |
|---|---|
| Equity | 61.63B |
| Short-term Debt | 1.78B |
| Long-term Debt | 2.53B |
| Trade Payables | 5.37B |
| Other Liabilities | 11.93B |
Cyient — The Bottom Line
To sum up Cyient's financial position: the data paints a clear picture for investors evaluating this computers - software stock.
Revenue of ₹7,445 Cr in FY2026, broadly flat versus the prior year.
Long-term revenue has been compounding at 9.1% annually over 10 years.
The company is profitable, with a net margin of 6.2% and net income of ₹463 Cr.
The P/E Ratio model implies 6.3% upside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
For the complete 10-year financial history with interactive charts and growth analysis, explore Cyient's detailed profile on Craytheon.