CYIENTNSEQ3 FY2523 January 2025

Cyient Limited

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Management on call
Karthikeyan Natarajan Has Resigned As Executive Director And Chief Executive Officer Of Cyient Limited Effective Immediately. We Are Grateful To Karthik For His Contributions And Commitment To The Long
term success of the business, and we wish him the best for his future endeavours.
Key numbers — 40 extracted
rs 7
ders • The new office positions the company to explore and expand opportunities in additional sectors 7 © CYIENT 2025 | Confidential Business Highlights Financial Highlights DET Business Update • Bus
2.4%
ENT 2025 | Confidential Financial Highlights for the Quarter | DET 175.2M$ 1,480cr₹ Revenue ($) +2.4% cc QoQ | -1.9% cc YoY Revenue (₹) +2.1% QoQ | -0.8% YoY 13.5% EBIT -72 bps QoQ | -251 bps YoY 1
1.9%
idential Financial Highlights for the Quarter | DET 175.2M$ 1,480cr₹ Revenue ($) +2.4% cc QoQ | -1.9% cc YoY Revenue (₹) +2.1% QoQ | -0.8% YoY 13.5% EBIT -72 bps QoQ | -251 bps YoY 124Cr₹ 11.25₹
2.1%
ghts for the Quarter | DET 175.2M$ 1,480cr₹ Revenue ($) +2.4% cc QoQ | -1.9% cc YoY Revenue (₹) +2.1% QoQ | -0.8% YoY 13.5% EBIT -72 bps QoQ | -251 bps YoY 124Cr₹ 11.25₹ 245cr₹ PAT -29.9% QoQ | -
0.8%
Quarter | DET 175.2M$ 1,480cr₹ Revenue ($) +2.4% cc QoQ | -1.9% cc YoY Revenue (₹) +2.1% QoQ | -0.8% YoY 13.5% EBIT -72 bps QoQ | -251 bps YoY 124Cr₹ 11.25₹ 245cr₹ PAT -29.9% QoQ | -28.3% YoY E
13.5%
DET 175.2M$ 1,480cr₹ Revenue ($) +2.4% cc QoQ | -1.9% cc YoY Revenue (₹) +2.1% QoQ | -0.8% YoY 13.5% EBIT -72 bps QoQ | -251 bps YoY 124Cr₹ 11.25₹ 245cr₹ PAT -29.9% QoQ | -28.3% YoY EPS -30.0% Q
72 bps
1,480cr₹ Revenue ($) +2.4% cc QoQ | -1.9% cc YoY Revenue (₹) +2.1% QoQ | -0.8% YoY 13.5% EBIT -72 bps QoQ | -251 bps YoY 124Cr₹ 11.25₹ 245cr₹ PAT -29.9% QoQ | -28.3% YoY EPS -30.0% QoQ | -28.5% Yo
251 bps
enue ($) +2.4% cc QoQ | -1.9% cc YoY Revenue (₹) +2.1% QoQ | -0.8% YoY 13.5% EBIT -72 bps QoQ | -251 bps YoY 124Cr₹ 11.25₹ 245cr₹ PAT -29.9% QoQ | -28.3% YoY EPS -30.0% QoQ | -28.5% YoY FCF +38.7% Q
₹ 11.25
QoQ | -1.9% cc YoY Revenue (₹) +2.1% QoQ | -0.8% YoY 13.5% EBIT -72 bps QoQ | -251 bps YoY 124Cr₹ 11.25₹ 245cr₹ PAT -29.9% QoQ | -28.3% YoY EPS -30.0% QoQ | -28.5% YoY FCF +38.7% QoQ | +27.3% YoY 10
₹ 245
.9% cc YoY Revenue (₹) +2.1% QoQ | -0.8% YoY 13.5% EBIT -72 bps QoQ | -251 bps YoY 124Cr₹ 11.25₹ 245cr₹ PAT -29.9% QoQ | -28.3% YoY EPS -30.0% QoQ | -28.5% YoY FCF +38.7% QoQ | +27.3% YoY 10 © CY
29.9%
nue (₹) +2.1% QoQ | -0.8% YoY 13.5% EBIT -72 bps QoQ | -251 bps YoY 124Cr₹ 11.25₹ 245cr₹ PAT -29.9% QoQ | -28.3% YoY EPS -30.0% QoQ | -28.5% YoY FCF +38.7% QoQ | +27.3% YoY 10 © CYIENT 2025 | Con
28.3%
QoQ | -0.8% YoY 13.5% EBIT -72 bps QoQ | -251 bps YoY 124Cr₹ 11.25₹ 245cr₹ PAT -29.9% QoQ | -28.3% YoY EPS -30.0% QoQ | -28.5% YoY FCF +38.7% QoQ | +27.3% YoY 10 © CYIENT 2025 | Confidential Fi
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Guidance — 9 items
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17 © CYIENT 2025 | Confidential Connect With Us #DesigningTomorrowTogether www.cyient.com Follow us on l a i t n e d i f n o C | 5 2 0 2 T N E Y C I © 18 INVESTOR PRESENTATION ANNEXURE Q3 FY25 Message from the Management KRISHNA BODANAPU Executive Vice-Chairman & Managing Director Commenting on the results, Mr.
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Krishna Bodanapu, Executive Vice Chairman and Managing Director, said “Cyient Group witnessed positive Q3 FY25 results, with quarterly Group revenue at US$ 228 Mn, growth of 4.5% YoY in constant currency.
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We have also won 13 large deals in DET business with a total contract potential of $234.5 Mn in Q3 FY25.
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Our pipeline for the year has improved with large deals contributing significantly to a strong pipeline, positioning us for sustainable growth in the medium term.
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This is in line with our strategy for Semiconductor business towards capital readiness and to drive accelerated growth in the near-medium term.” 2 © CYIENT 2025 | Confidential Message from the Management Commenting on the results, Mr.
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Prabhakar Atla, President and Chief Financial Officer, said, “Q3 FY25 DET revenues stood at US$ 175.2 Mn representing a growth of 2.4% QoQ in constant currency terms.
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The EBIT margin for the quarter is 13.5%, down by 72 bps over Q2 FY25, primarily on account of wage hikes and currency headwinds.
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The PAT for Q3 FY25 is ₹124 Crores, a de-growth of 30% QoQ led by significant negative movement in other income especially from unrealized forex losses – arising due to major currency movements during the quarter.
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Q2 FY25 cash position includes pending FY25 interim dividend disbursal of ₹1,331 Mn.
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Opening remarks
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Investor Relations Media Relations Mayur Maniyar M: +91 9224126705 E: mayur.maniyar@cyient.com Phalguna Jandhyala M: + 91 7330604488 E: phalguna.harijandhyala@cyient.com 16 © CYIENT 2025 | Confidential Disclaimer All the references to Cyient’s financial results in this update pertain to the company’s consolidated operations comprising: Wholly-owned and step down subsidiaries: Cyient Europe Limited; Cyient Inc.; Cyient GmbH; Cyient Australia Pty Ltd; Cyient Singapore Private Limited; Cyient KK; Cyient Israel India Limited; Cyient Insights Private Limited; Cyient Canada Inc.; Cyient Defense Services Inc; Cyient Benelux BV; Cyient Schweiz GmbH; Cyient SRO; Cyient NV; Cyient AB; Integrated Global Partners Pty Limited; Integrated Global Partners Pte. Limited; Integrated Global Partners SpA; IG Partners South Africa (Pty) Ltd; Workforce Delta Pty. Ltd.; Grit Consulting Pte. Ltd.; Celfinet - Consultoria EM Telecomunicacoes S.A.; Metemesonip, Unipessoal Lda; Celfinet UK Telecommunications Cons
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Investor Relations Media Relations Mayur Maniyar M: +91 9224126705 E: mayur.maniyar@cyient.com Phalguna Jandhyala M: + 91 7330604488 E: phalguna.harijandhyala@cyient.com 14 © CYIENT 2025 | Confidential Disclaimer All the references to Cyient’s financial results in this update pertain to the company’s consolidated operations comprising: Wholly-owned and step down subsidiaries: Cyient Europe Limited; Cyient Inc.; Cyient GmbH; Cyient Australia Pty Ltd; Cyient Singapore Private Limited; Cyient KK; Cyient Israel India Limited; Cyient Insights Private Limited; Cyient Canada Inc.; Cyient Defense Services Inc; Cyient Benelux BV; Cyient Schweiz GmbH; Cyient SRO; Cyient NV; Cyient AB; Integrated Global Partners Pty Limited; Integrated Global Partners Pte. Limited; Integrated Global Partners SpA; IG Partners South Africa (Pty) Ltd; Workforce Delta Pty. Ltd.; Grit Consulting Pte. Ltd.; Celfinet - Consultoria EM Telecomunicacoes S.A.; Metemesonip, Unipessoal Lda; Celfinet UK Telecommunications Cons
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