Cyient DLM shares tumble 19% as EBITDA margin falls, profit rises 6% YoY in Q2; check numbers

The company's stock fell as its EBITDA (earnings before interest, tax, depreciation and amortisation) margin came under pressure and profit grew at a slower pace during the quarter under review. However, the firm recorded strong revenue growth.

Cyient DLM Q2 results

The company reported a 5.8% year-on-year (YoY) rise in its consolidated net profit to ₹34.01 crore in the July-September quarter of FY27, as against ₹32.15 crore in the same period of the preceding fiscal year.

Its revenue from operations surged 26.5% YoY to ₹393.1 crore for the reporting quarter, in comparison to ₹310.6 crore in the September quarter of the 2025-26 fiscal year (Q2 FY26).

At an operational level, its EBITDA, also known as operating profit, stood at ₹34.2 crore in the quarter ended September 30, 2026, marking a 9.5% YoY jump from ₹31.2 crore in the year-ago period.

However, its EBITDA margin contracted by 135 basis points (bps) YoY to 8.7% for the reporting quarter, from 10% in the second quarter of FY26.

Cyient DLM saw continued momentum across its key business segments, led by Aerospace and Industrial, with Defence and Medical also contributing to growth.

The aerospace segment contributed 47% to the firm’s revenue mix, followed by the industrial segment, which made up 31%. Med tech contributed 14%, while the defence segment contributed 7%. Auto and others made up the company’s remaining 1% of revenue.

The company clocked its highest-ever order book at ₹2,813.7 crore in Q2 FY27, reflecting a 22.8% YoY surge from ₹2,291.1 crore in the corresponding quarter of the preceding fiscal year.

Cyient DLM said that it remains positive on the outlook for the year, supported by its record order book and continued demand across its key end markets.

What the MD & CEO said

Commenting on the earnings, Rajendra Velagapudi, Managing Director and CEO of Cyient DLM, said: “We maintained strong growth momentum in Q2 FY27, supported by solid execution across our key business segments and a record-high order book, providing strong revenue visibility and confidence in our growth outlook.”

Looking ahead, Velagapudi stated that the company remains focused on strengthening its core business while investing in high-growth areas such as AI and data centre infrastructure, robotics, and semiconductor capital equipment to drive sustainable long-term growth.

Cyient DLM stock performance

At around 11:28 AM, the stock was trading 15.93% lower at ₹866.05 per equity share.

The scrip has lost 9% in the past week but gained 109% on a year-to-date (YTD) basis.

While the shares hit a 52-week high of ₹1,061 apiece on October 14, 2026, they touched a year’s low of ₹265.20 per unit on March 30, 2026.

Cyient DLM has a total market capitalisation of ₹6,881.74 crore as of October 16, 2026, according to data on the NSE.