Is Cyient a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Cyient Ltd is a good quality company .

Is Cyient undervalued or overvalued?

The key valuation ratios of Cyient Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Cyient share price return in the past 10 years?

Cyient Ltd share price has appreciated 13% annually (CAGR) over the past ten years.

Is Cyient a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Cyient Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

Cyient Ltd - Stock Valuation and Financial Performance

Name: Cyient
Brand: Cyient

BSE: 532175 | NSE: CYIENT | IT - Software | Small Cap

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Cyient Share Price

₹1,777.20 -34.55 -1.91%
as on 21-Nov'24 16:59

10 Year X-Ray of Cyient:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	25.2%	21.7%	21.1%	22.7%	23.5%	17.5%	16.7%	22%	19.9%	22.7%	-
Value Creation Index ⓘ	0.8	0.6	0.6	0.7	0.7	0.3	0.2	0.6	0.5	1.0	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	2,736	3,094	3,586	3,914	4,618	4,427	4,132	4,534	6,016	7,147	7,207
Sales YoY Gr.	-	13.1%	15.9%	9.2%	18%	-4.1%	-6.7%	9.7%	32.7%	18.8%	-
Adj EPS ⓘ	27.7	25.9	30.2	32.2	44.1	27.5	35.5	45	48.2	66	59.4
YoY Gr.	-	-6.7%	16.9%	6.5%	37.1%	-37.7%	29.3%	26.8%	7%	36.9%	-
BVPS (₹) ⓘ	164.1	162.7	186.2	206.2	231.6	231.9	267.4	280.2	309	378.5	463.2
Adj Net Profit ⓘ	312	291	340	362	488	302	391	497	533	731	659
Cash Flow from Ops. ⓘ	362	278	420	296	370	582	856	635	554	726	-
Debt/CF from Ops. ⓘ	0.4	0.8	0.5	1	1	0.7	0.4	0.5	1.7	0.6	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	11.3%	9.1%	20%	18.8%
Adj EPS ⓘ	10.1%	8.4%	22.9%	36.9%
BVPSⓘ	9.7%	10.3%	12.3%	22.5%
Share Price	13%	34.9%	15.9%	-1.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	18.2	15.8	17.2	16.3	19.9	11.8	14.2	16.4	16.2	18.9	14.1
Op. Profit Mgn % ⓘ	14.3	13.3	13.3	13.7	13.7	12.4	14.6	18.2	16.7	18.2	17
Net Profit Mgn % ⓘ	10.8	9.2	9.4	9.2	10.5	6.8	9.5	11	8.9	10.5	9.2
Debt to Equity ⓘ	0.1	0.1	0.1	0.1	0.1	0.2	0.1	0.1	0.3	0.1	0
Working Cap Days ⓘ	178	158	155	190	191	212	216	165	124	128	93
Cash Conv. Cycle ⓘ	29	29	24	22	30	39	36	25	26	34	55

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 20.04%

Net Profit is growing at healthy rate in last 3 years 22.91%

Return on Equity has declined versus last 3 years average to 14.10%

Sales growth is not so good in last 4 quarters at 5.54%

Latest Financials - Cyient Ltd.

	Standalone	Consolidated
TTM EPS (₹)	106.9	59.4
TTM Sales (₹ Cr.)	2,402	7,207
BVPS (₹.) ⓘ	331.3	463.2
Reserves (₹ Cr.) ⓘ	3,622	5,085
P/BV ⓘ	5.47	3.91
PE ⓘ	16.95	30.49

From the Market
52 Week Low / High (₹)	1655.00 / 2457.00
All Time Low / High (₹)	4.15 / 2457.00
Market Cap (₹ Cr.)	20,108
Equity (₹ Cr.)	55.5
Face Value (₹)	5
Industry PE ⓘ	34.4

Management X-Ray of Cyient:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

1.30

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Cyient

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Cyient

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	2,736	3,094	3,586	3,914	4,618	4,427	4,132	4,534	6,016	7,147
Operating Expenses ⓘ	2,344	2,684	3,122	3,379	4,004	3,879	3,584	3,717	5,013	5,858
Manufacturing Costs	103	118	134	149	171	170	158	189	286	322
Material Costs	46	189	274	307	419	392	526	571	696	966
Employee Cost	1,676	1,813	2,049	2,188	2,547	2,478	2,161	2,267	3,026	3,512
Other Costs ⓘ	520	564	666	735	868	839	739	691	1,004	1,058
Operating Profit ⓘ	392	411	464	535	614	549	548	818	1,003	1,289
Operating Profit Margin (%)	14.3%	13.3%	12.9%	13.7%	13.3%	12.4%	13.3%	18.0%	16.7%	18.0%
Other Income ⓘ	131	112	107	152	153	158	167	112	81	80
Interest ⓘ	6	16	17	20	33	49	43	39	100	116
Depreciation ⓘ	71	89	95	105	111	188	195	192	257	267
Exceptional Items ⓘ	0	-9	-26	-5	-4	0	0	0	-47	-68
Profit Before Tax ⓘ	446	421	444	541	620	468	477	698	681	918
Tax ⓘ	110	101	105	138	143	127	113	176	167	216
Profit After Tax	336	320	340	403	477	341	364	522	514	703
PAT Margin (%)	12.3%	10.3%	9.5%	10.3%	10.3%	7.7%	8.8%	11.5%	8.6%	9.8%
Adjusted EPS (₹)	31.4	29.0	30.5	36.0	43.3	31.1	33.1	47.3	46.5	61.5
Dividend Payout Ratio (%)	25%	24%	34%	36%	35%	48%	51%	51%	56%	49%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	1,844	1,829	2,097	2,322	2,557	2,550	2,941	3,093	3,418	4,201
Share Capital ⓘ	56	56	56	56	55	55	55	55	55	56
Reserves ⓘ	1,788	1,772	2,040	2,266	2,502	2,495	2,886	3,038	3,363	4,145
Minority Interest	12	7	3	0	-2	-3	-3	-3	-3	299
Debt	128	183	165	241	325	374	318	284	894	353
Long Term Debt	47	68	49	63	112	86	88	2	494	278
Short Term Debt	81	115	116	178	214	288	230	282	400	75
Trade Payables	275	310	392	381	370	373	453	526	714	688
Others Liabilities ⓘ	760	385	1,073	1,219	1,498	1,654	1,637	863	1,477	1,388
Total Liabilities ⓘ	3,020	2,713	3,730	4,163	4,748	4,948	5,346	4,763	6,500	6,928
Fixed Assets
Gross Block	1,358	1,307	1,439	1,577	1,855	2,276	2,439	2,541	4,160	4,310
Accumulated Depreciation	570	650	688	779	877	971	1,078	1,196	1,336	1,484
Net Fixed Assetsⓘ	789	657	751	798	978	1,305	1,361	1,345	2,825	2,826
CWIP ⓘ	10	10	27	52	104	146	88	13	45	57
Investmentsⓘ	101	160	196	143	55	41	34	445	518	436
Inventories	61	98	94	131	183	227	159	279	436	468
Trade Receivables	534	615	650	691	814	726	803	733	1,127	1,262
Cash Equivalents	623	695	878	981	971	952	1,465	1,267	719	984
Others Assetsⓘ	903	479	1,136	1,368	1,644	1,551	1,437	681	830	896
Total Assets ⓘ	3,020	2,713	3,730	4,163	4,748	4,948	5,346	4,763	6,500	6,928

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	362	278	420	296	370	582	856	635	554	726
PBT ⓘ	446	421	444	557	619	471	477	698	681	918
Adjustment ⓘ	0	54	39	71	64	225	239	199	350	346
Changes in Working Capital ⓘ	33	-94	37	-166	-171	33	269	-97	-349	-261
Tax Paid ⓘ	-117	-102	-100	-165	-142	-146	-129	-165	-129	-278
Cash Flow From Investing Activity ⓘ	-528	-85	-180	-87	-220	-157	-101	-382	-1,033	-533
Capex	2	-55	-104	-147	-144	-214	-95	-85	-65	-78
Net Investments	6	-119	-24	-22	48	23	27	-325	-113	-335
Others ⓘ	-536	88	-53	82	-124	33	-32	28	-855	-120
Cash Flow From Financing Activityⓘ	-32	-111	-93	-136	-232	-446	-253	-545	-109	-266
Net Proceeds from Shares ⓘ	7	2	2	1	2	2	4	12	8	715
Net Proceeds from Borrowing ⓘ	41	34	-4	10	50	32	-39	-45	148	-172
Interest Paid ⓘ	-6	-18	-17	-19	-30	-29	-21	-17	-66	-93
Dividend Paid ⓘ	-67	-134	-62	-157	-112	-263	-1	-295	-263	-306
Others ⓘ	-7	6	-11	30	-141	-188	-195	-200	63	-410
Net Cash Flow ⓘ	-198	82	146	74	-82	-21	503	-292	-588	-73

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	19.57	17.43	17.3	18.25	19.56	13.36	13.25	17.31	15.8	18.45
ROCE (%)	25.17	21.68	21.1	22.66	23.47	17.49	16.65	21.96	19.92	22.71
Asset Turnover Ratio	1.03	1.08	1.12	0.99	1.04	0.91	0.8	0.9	1.07	1.06
PAT to CFO Conversion(x)	1.08	0.87	1.24	0.73	0.78	1.71	2.35	1.22	1.08	1.03
Working Capital Days
Receivable Days	68	68	64	62	59	63	68	62	56	61
Inventory Days	8	9	10	10	12	17	17	18	22	23
Payable Days	1,788	566	467	460	328	346	286	313	325	265

Cyient Ltd Stock News

Cyient Ltd FAQs

What is the share price of Cyient?

Company share prices are keep on changing according to the market conditions. The closing price of Cyient on 21-Nov-2024 16:59 is ₹1,777.2.

What is the market cap of Cyient?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Cyient stood at ₹20,107.6.

What is the P/E ratio of Cyient?

The latest P/E ratio of Cyient as of 21-Nov-2024 16:59 is 16.95.

What is the P/B ratio of Cyient?

The latest P/B ratio of Cyient as of 21-Nov-2024 16:59 is 5.47.

What is the 52-week high and low of Cyient?

The 52-week high of Cyient is ₹2,457 and the 52-week low is ₹1,655.

What is the TTM revenue of Cyient?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Cyient is ₹2,402 ( Cr.) .

About Cyient Ltd

Cyient, founded in 1991, is a global engineering and technology solutions company. It engages with customers across their value chain helping to design, build, operate, and maintain the products and services that make them leaders and respected brands in their industries and markets. Customers draw on Cyient’s expertise in engineering, manufacturing, and digital technology to deliver and support their next-generation solutions that meet the highest standards of safety, reliability, and performance.

With over thousands of employees in many countries, Cyient partners with clients to operate as part of their extended team in ways that best suit their organization’s culture and requirements. Cyient’s industry focus includes aerospace and defense, healthcare, telecommunications, rail transportation, semiconductor, geospatial, industrial, and energy.

Business area of the company

The company provides engineering and technology solutions to global industry leaders. As a Design, Build, and Maintain partner, for leading global organizations, Cyient takes solution ownership across the value chain to help clients focus on their core, innovate, and stay ahead of the curve. The company leverages digital technologies, advanced analytics capabilities, and its domain knowledge and technical expertise, to solve complex business problems.

Awards and recognitions

General Procurement Key Supplier of the Year, UTC Supply Chain Management, 2006
ACE Gold Status, UTC, 2007
GITA Excellence Award, GITA-ANZ, 2008
International Edison Award, EEI, 2008
Supplier Gold, UTC, 2008
TomTom Performance Cup, TomTom, 2009
Supplier Productivity Innovation Award, Pratt & Whitney, 2010
Geospatial Excellence Award, MapAsia, 2010
Best IT Implementation Award 2010, PCQuest, 2010
B.V.R Mohan Reddy Receives the Prestigious Leadership Award, ASME, 2011
Recognized for Innovative HR Practices, Asia Pacific HRM Congress, 2011
Boeing Performance Excellence Award, The Boeing Company 2012
Supplier of the Year, Hamilton Sundstrand, 2011 and 2010
Highest Productivity Award, Pratt & Whitney, 2012, 2011, and 2009
Among Global Outsourcing 100 List, IAOP, 2012
Supplier of the Year, The Boeing Company, 2012, 2010
Leader in R&D Services for Aerospace & Defense and Transportation, Zinnov Consulting, 2012, 2011
Golden Peacock Award for Demonstrated Excellence in Corporate Governance 2012
Leader in Engineering Services and Outsourced Product Development, Global Services 100, 2012
Best Indian Company in the US in Technology and Communications, Indo-American Chamber of Commerce (IACC), 2012
National Award for Excellence in Corporate Governance, ICSI, 2014
Global Services Supplier of the Year, Alstom Transportation, 2014
An ‘Established and Expansive’ Player in Engineering Research and Development (ER&D), Zinnov, 2015
Supplier of the Year Award, Boeing, 2015
Positioned in the Winner’s Circle, HfS Blueprint Report for Aerospace Engineering Services, 2017
Golden Peacock Award for Risk Management, Institute of Directors, 2017
Geospatial Solutions Company of the Year Award, Geospatial World Forum, 2017
Most Innovative Organizations in India, CII, 2017
Leader in Corporate Innovation Award, Indo-American Chamber of Commerce, 2017
Everest Group’s V&V Engineering Services Peak Matrix Assessment, 2018
Zinnov Zones’ ER&D Services Report, 2018
Leader in Transportation Services, Zinnov Zones, 2018
Cornerstone Partner, Esri, 2018
Best Railway Signalling Design Company, Internal Transport News (ITN), 2018
Top 10 Telecom Engineering Service Providers, HfS Research, 2018
Pratt & Whitney Supplier Awards, 2018
Everest Group’s Peak Matrix Assessment, 2019

Milestones

1991 August:- Infotech Enterprises was incorporated as a private limited company
1995 August: - The company received its first ISO 9002 certification from BVQi London for its conversion services
1997 April - Acquisition of SRG Infotech a 16-year-old local software company providing software services in oracle and Visual basic client server environments. The acquisition brought into the company the assets, customers, technologies, employees and over 500 person years of expertise
1997 October - Partner in Development with IBM for developing Enterprise wide Information System. Infotech Enterprises diversifies into Business software development by adding 50 developers, creating an independent profit center.
1998 December - Infotech Enterprises signs a break-through contract to provide GIS conversion, Consulting and Mapping services worth US$ 5.5 million to Analytical Surveys, Inc. (ASI)
1999 January - Infotech Enterprises enters into an agreement with Navionics Italy the world leader in seamless marine electronic charts for digitization and Conversion services
1999 June - Infotech and ASI sign a long term contract for ASI to source $ 33 million in conversion and software services from Infotech Enterprises
1999 July - Infotech Enterprises establishes a wholly-owned subsidiary Infotech Software Solutions Inc in the United States of America in the state of California. The corporation is primarily engaged in the business of supplying computer software and related service
1999 August - Infotech Enterprises announces acquisition of European based GIS software solution company- Dataview Solutions Limited The company acquired Dataview with an upfront cash payment of $1.80 million and issue of stock of Infotech for $1.80 million over the next two years
1999 September - Infotech Enterprises acquires Cartographic Sciences Pvt. Ltd, Mumbai from Analytical Surveys Inc. US
2000 January - Inauguration of the state-of-the-art software development centre spread across 1,30,000 sq ft area in Infocity, Hyderabad. The state-of-the-art development centre is build at an approx. cost of Rs12 crore and can accommodate 4000 software engineers
2000 April - Merger of Cartographic Sciences with Infotech Enterprises
2000 May - Infotech Enterprises entered into a Master Services Agreement with Pratt & Whitney, division of UTC Group
2000 October - Infotech Enterprises announces the acquisition of a German company, Advanced Graphics Software GmbH (AGS). AGS is a nine-year-old mechanical engineering software and services company specializing in 3D CAD/CAM.
2000 November - Infotech Enterprises won a multimillion dollar GIS project from the Dutch multi-national group, FUGRO
2001 April - Infotech Europe acquires European GIS distributor Map Centric a leading independent GIS distributor in Europe
2001 May - Infotech Enterprises bags a contract worth US $ 7 million to provide Photogrammetry service to Triathlon a leading full fledged geomatics company in Canada
2001 May - Infotech ranks 5th among Top Ten Exporters from Andhra Pradesh for the year 2000-2001
2001 June - Infotech Enterprises acquires ten acres of land to set up a software development campus at Manikonda, Hyderabad.
2001 December - Infotech Enterprises announces the opening of the state-of-the-art engineering services facility in Bangalore, India
2002 February - Infotech Enterprises announces strategic business relationship with Pratt and Whitney Division of United Technologies Corporation, a Fortune 100 company. Pratt and Whitney to participate with up to 18% equity stake in Infotech, demonstrating long term partnering intent and endorsing Infotech Business competence
2002 September - Infotech Bags The Federation Of Andhra Pradesh Chambers of Commerce & Industry (FAPPCI) best Information Technology (IT) industry of the state of Andhra Pradesh -2001-2002
2003 September - Infotech announces the inauguration of a new development centre in Puerto Rico to provide engineering design services and it signs long term outsourcing contact with Bombardier Transportation to provide Engineering Services in India
2004 January - Infotech Enterprises acquires VARGIS -- a GIS Company in the US
2004 September - Infotech divests 51% of its stake in Infotech Aerospace Services Inc in favor of United Technologies International Corporation
2005 March - Infotech acquires Tele Atlas India. Tele Atlas parent company joins as a strategic partner with preferential allotment of shares
2005 March - Infotech opens branch office in Singapore
2005 April - Infotech opens branch office in Melbourne, Australia
2005 May - Inaugurated Geospatial production facility at Frostburg, Maryland, USA
2005 September - Won a landmark GIS contract from KPN Telecom and also signs a 5-year major Engineering Design Agreement with Alstom Transport
2006 March - Signs a major GIS contract with GE for Swisscom and Attained AS9100 certification for MFG-SBI
2007 February - Infotech Enterprises set-up a development center at Kakinada at the newly developed STPI facility
2007 May - Joint venture between Infotech and HAL
2007 June - Joint venture between Infotech and Geospace Integra
2008 March - Infotech GIS forays into Oil and Gas. Signed contract with IHS
2008 March - TeleAtlas extends relationship with Infotech – signs another multi year contract.
2008 May - Infotech signs a three year GIS and data management contract with Powercor, Australia & Citipower limited.
2008 July - Infotech signs a MoU with Dassault Aviation.
2008 July - Infotech enters a strategic partnership with Alten Group, S.A. France.
2008 August - Commences operations in Japan.
2008 September - Infotech acquired TTM (Time to Market), forays into Hitech Industry.
2008 September - Won the GITA excellence award for EGIS implementation from GITA ANZ
2008 September - Infotech’s own facility at Noida inaugurated.
2008 October - Bombardier Transportation renews multi year term contract with Infotech.
2008 December - Inaugurated a Centre of Excellence for Terex in its Bangalore facility.
2009 January - Awarded RBNQA Performance Excellence Trophy
'2011 - Infotech establishes Integrated Global Aerospace PracticeAwarded ''Supplier of the Year'' by Boeing.Infotech Enterprises Receives Award for its Contribution to German-Indian Business Relationsnfotech Enterprises Ltd. wins Asia's Best Employer Brand Awards 2011 for 'Innovation in Retention Strategy'.
2012 - Infotech Enterprises wins Golden Peacock Award for Demonstrated Excellence in Corporate Governance.
2014- Infotech Enterprises Limited adopted the Cyient name.
2015- Cyient was recognized with the 2015 Supplier of the Year Award by Boeing for the third time, on April 13, 2016.
2016- Cyient to establish a state-of-the-art technology development center in Warangal
2016-: Cyient Inaugurates Global Design Center in Bengaluru for SMEC
2016- Zinnov Zones 2016 Rates Cyient in the Leadership Zone in Four Industry Verticals.
2017- Cyient Partners with ANSYS to Accelerate Innovation and Proof of Concept Designs across Industries.
2017- Cyient Recognized as ‘Leaders in Corporate Innovation’ by Indo-American Chamber of Commerce (IACC).
2018- Cyient Featured in the Top 20 Most Promising Aerospace Tech Solutions Providers List.
2019- Cyient Positioned as an “Established and Expansive” Player in Zinnov Zones’ ER&D Services Report for 2018.