Cyient DLM Limited

rs,

22 July 2025 BSE Limited PJ Towers, 25th Floor, Dalal Street, Mumbai 400001. Scrip Code: 543933 National Stock Exchange of India Lt

6.9%

cal-for- local manufacturing Increase in EMS Manufacturing • EMS industry is expected to grow at 6.9% in 2025-32, as compared to 5% for In-house manufacturing Emerging Sectors driving Electronific

5%

rease in EMS Manufacturing • EMS industry is expected to grow at 6.9% in 2025-32, as compared to 5% for In-house manufacturing Emerging Sectors driving Electronification o Renewable Technologies

₹5150

BOARD – Q1 FY26 CONSOLIDATED • Order Backlog increase resulting from a record order intake of ~ ₹5150 Mn during the quarter. This is the highest quarterly Order Intake in the past 10 quarters. Nearl

50%

during the quarter. This is the highest quarterly Order Intake in the past 10 quarters. Nearly 50% of this new OI is executable in FY26 • Healthy EBITDA growth resulting from better Revenue mix

INR 802

ix which is a sustainable change for the rest of the year • Consolidated FCF for the quarter is INR 802M. This is the third quarter in a row where we have generated positive cash • PAT YoY growth imp

₹ 2,784

lting from the M&A which was not there the previous year 10 | © CYIENT DLM 2025 | Confidential ₹ 2,784 Mn₹ 251 Mn₹ 75 Mn8.0% YoY25.3% YoY-29.6% YoY₹ 21,318 Mn9.0%2.7% 2,257 Mn QoQ125 bps YoY-143 bps YoYR

₹ 251

the M&A which was not there the previous year 10 | © CYIENT DLM 2025 | Confidential ₹ 2,784 Mn₹ 251 Mn₹ 75 Mn8.0% YoY25.3% YoY-29.6% YoY₹ 21,318 Mn9.0%2.7% 2,257 Mn QoQ125 bps YoY-143 bps YoYREVENUEEB

₹ 75

which was not there the previous year 10 | © CYIENT DLM 2025 | Confidential ₹ 2,784 Mn₹ 251 Mn₹ 75 Mn8.0% YoY25.3% YoY-29.6% YoY₹ 21,318 Mn9.0%2.7% 2,257 Mn QoQ125 bps YoY-143 bps YoYREVENUEEBITDAPAT

8.0%

was not there the previous year 10 | © CYIENT DLM 2025 | Confidential ₹ 2,784 Mn₹ 251 Mn₹ 75 Mn8.0% YoY25.3% YoY-29.6% YoY₹ 21,318 Mn9.0%2.7% 2,257 Mn QoQ125 bps YoY-143 bps YoYREVENUEEBITDAPATOrder

25.3%

there the previous year 10 | © CYIENT DLM 2025 | Confidential ₹ 2,784 Mn₹ 251 Mn₹ 75 Mn8.0% YoY25.3% YoY-29.6% YoY₹ 21,318 Mn9.0%2.7% 2,257 Mn QoQ125 bps YoY-143 bps YoYREVENUEEBITDAPATOrder BacklogEB

29.6%

previous year 10 | © CYIENT DLM 2025 | Confidential ₹ 2,784 Mn₹ 251 Mn₹ 75 Mn8.0% YoY25.3% YoY-29.6% YoY₹ 21,318 Mn9.0%2.7% 2,257 Mn QoQ125 bps YoY-143 bps YoYREVENUEEBITDAPATOrder BacklogEBITDA Margi

“• Revenue growth impacted by completion of large order in FY25 offset by addition of revenue from M&A • Major share of revenue is from Export market Costs & Margins: • Material cost ratio improved due to better mix and improved supply chain efforts.”

Comments

1

Revenue

1

Comments

• Q1 numbers are consolidated inclusive of US Operations • Revenue drop is majorly due to completion of a large order in FY25 offset by inclusion of the acquisition that was concluded in H2 last year • EBITDA growth is healthy due to mix and marginal increase in volumes • PAT impacted by amortization of intangibles which is a non- cash item and reduced interest income due to IPO proceeds utilization 11 | © CYIENT DLM 2025 | Confidential 125793894444242812784Q1'25Q2'25Q3'25Q4'25Q1'26200316361574251Q1'25Q2'25Q3'25Q4'25Q1'2610615517031075Q1'25Q2'25Q3'25Q4'25Q1'267.8%8.1%8.1%13.4%9.0%Q1'25Q2'25Q3'25Q4'25Q1'26Revenue (INRMn)EBITDA (INRMn)PAT (INRMn)EBITDA % BUSINESS OVERVIEW FINANCE UPDATES KEY KPI’s TREND - CONSOLIDATED All numbers are in Days and order book in ₹Mn Up by ₹2260 Mn 12 | © CYIENT DLM 2025 | Confidential 184 122 129 123 185 Q1'25Q2'25Q3'25Q4'25Q1'2692 82 76 76 74 Q1'25Q2'25Q3'25Q4'25Q1'267757705071Q1'25Q2'25Q3'25Q4'25Q1'26171 127 119 127 165Q1'25Q2'25Q3'25Q4'25Q1'2628 20 16 22

Revenue

• Revenue growth impacted by completion of large order in FY25 offset by addition of revenue from M&A • Major share of revenue is from Export market Costs & Margins: • Material cost ratio improved due to better mix and improved supply chain efforts. Also, material cost is lower in our US operations • Employee cost and other expense increase YoY is due to inclusion of US operations • D&A increase is due to amortization of intangibles of the acquired entity • Other income is lower because of reduction in treasury income due to lower deposits (IPO proceeds utilization) and lower interest rates 14 | © CYIENT DLM 2025 | Confidential Revenue2,784 2,579 8.0%Material cost1,665 1,927 -13.6%Employee Cost578 328 76.2%Other Expense291 124 135.0%EBITDA251 200 25.3%EBITDA %9.0%7.8%125 bpsD&A105 67 57.1%Finance cost86 80 7.3%Other income42 89 -53.0%Profit before Tax101 142 -28.7%Tax 26 36 -25.8%Profit after Tax 75 106 -29.6%PAT %2.7%4.1%-143 bpsDetailsQ1 FY26Q1 FY25YoY BUSINESS OVERVIEW FINANCE UPDAT