Cyient Targets High Single-Digit Growth by FY27 Amid Turnaround Efforts
Earnings
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CNBC TV18•23-01-2026, 11:32
Cyient Targets High Single-Digit Growth by FY27 Amid Turnaround Efforts
- •Cyient aims for high single-digit, potentially near double-digit, revenue growth by FY27, following a stabilization year in FY26.
- •The Digital, Engineering, and Technology (DET) business is expected to drive growth, despite near-term challenges like furloughs and restructuring costs.
- •The company is confident in achieving medium-term margin aspirations through cost optimization and operating leverage.
- •Cyient's product-led semiconductor business is projected to become EBIT neutral in FY27, supported by strong order momentum and the Kinetic Technologies acquisition.
- •The acquisition of Kinetic Technologies, valued at approximately ₹900 crore, is expected to be EPS accretive in year two and will significantly boost the semiconductor business's top line.
Why It Matters: Cyient anticipates significant revenue growth and improved profitability by FY27, driven by its DET and semiconductor segments.
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