Cyient DLM Limited

rs,

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

130%

EVOTL company focused on future of mobility • EV Charging company with a focus on EV solutions • 130% YoY growth on H1 OI Pipeline: Large deals in pipeline at advanced stages Strategic Updates • Str

₹4,977 million

IDATED • Order backlog expanded during the quarter, driven by robust order intake of approximately ₹4,977 million. • Despite a decline in revenue due to the completion of a large order, EBITDA remained nearly flat

₹ 3,106

mained nearly flat YoY, reflecting operational resilience 8 | © CYIENT DLM 2025 | Confidential ₹ 3,106 Mn₹ 312 Mn₹ 126 Mn₹ 321 Mn-20.2% YoY-1.4% YoY-18.7% YoY108.0% YoY₹ 22,911 Mn10.0%4.0%10.3% 1,593 Mn

₹ 312

rly flat YoY, reflecting operational resilience 8 | © CYIENT DLM 2025 | Confidential ₹ 3,106 Mn₹ 312 Mn₹ 126 Mn₹ 321 Mn-20.2% YoY-1.4% YoY-18.7% YoY108.0% YoY₹ 22,911 Mn10.0%4.0%10.3% 1,593 Mn QoQ192 b

₹ 126

YoY, reflecting operational resilience 8 | © CYIENT DLM 2025 | Confidential ₹ 3,106 Mn₹ 312 Mn₹ 126 Mn₹ 321 Mn-20.2% YoY-1.4% YoY-18.7% YoY108.0% YoY₹ 22,911 Mn10.0%4.0%10.3% 1,593 Mn QoQ192 bps YoY8

₹ 321

flecting operational resilience 8 | © CYIENT DLM 2025 | Confidential ₹ 3,106 Mn₹ 312 Mn₹ 126 Mn₹ 321 Mn-20.2% YoY-1.4% YoY-18.7% YoY108.0% YoY₹ 22,911 Mn10.0%4.0%10.3% 1,593 Mn QoQ192 bps YoY8 bps638 b

20.2%

operational resilience 8 | © CYIENT DLM 2025 | Confidential ₹ 3,106 Mn₹ 312 Mn₹ 126 Mn₹ 321 Mn-20.2% YoY-1.4% YoY-18.7% YoY108.0% YoY₹ 22,911 Mn10.0%4.0%10.3% 1,593 Mn QoQ192 bps YoY8 bps638 bps YoYRE

1.4%

l resilience 8 | © CYIENT DLM 2025 | Confidential ₹ 3,106 Mn₹ 312 Mn₹ 126 Mn₹ 321 Mn-20.2% YoY-1.4% YoY-18.7% YoY108.0% YoY₹ 22,911 Mn10.0%4.0%10.3% 1,593 Mn QoQ192 bps YoY8 bps638 bps YoYREVENUEEBIT

18.7%

ience 8 | © CYIENT DLM 2025 | Confidential ₹ 3,106 Mn₹ 312 Mn₹ 126 Mn₹ 321 Mn-20.2% YoY-1.4% YoY-18.7% YoY108.0% YoY₹ 22,911 Mn10.0%4.0%10.3% 1,593 Mn QoQ192 bps YoY8 bps638 bps YoYREVENUEEBITDAReported

108.0%

| © CYIENT DLM 2025 | Confidential ₹ 3,106 Mn₹ 312 Mn₹ 126 Mn₹ 321 Mn-20.2% YoY-1.4% YoY-18.7% YoY108.0% YoY₹ 22,911 Mn10.0%4.0%10.3% 1,593 Mn QoQ192 bps YoY8 bps638 bps YoYREVENUEEBITDAReported PATOrder

₹ 22,911

T DLM 2025 | Confidential ₹ 3,106 Mn₹ 312 Mn₹ 126 Mn₹ 321 Mn-20.2% YoY-1.4% YoY-18.7% YoY108.0% YoY₹ 22,911 Mn10.0%4.0%10.3% 1,593 Mn QoQ192 bps YoY8 bps638 bps YoYREVENUEEBITDAReported PATOrder BacklogEBITDA

Comments

1

Notes

1

Revenue

1

Comments

• EBITDA growth is healthy due to mix and marginal increase in volume • PAT: Excluding one off income of 195.75M, PAT will be INR 126M for the quarter, 68.4% QoQ and - 18.7% YoY 9 | © CYIENT DLM 2025 | Confidential 257938944442428127843106Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26200316361574251312Q1'25Q2'25Q3'25Q4'25Q1'26Q2'2610615517031075321Q1'25Q2'25Q3'25Q4'25Q1'26Q2'267.8%8.1%8.1%13.4%9.0%10.0%Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Revenue (INRMn)EBITDA (INRMn)PAT (INRMn)EBITDA %126195 BUSINESS OVERVIEW FINANCE UPDATES KEY KPI’s TREND - CONSOLIDATED All numbers are in Days and order book in ₹Mn * Reported (FCF) is INR 270M. After adjusting for the one-time land acquisition cost of INR 190M, the normalized FCF stands at INR 460M 10 | © CYIENT DLM 2025 | Confidential 184 122 129 123 185 172 Q1'25Q2'25Q3'25Q4'25Q1'26Q2'2692 82 76 76 74 72 Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26775770507173Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26171 127 119 127 165139Q1'25Q2'25Q3'25Q4'25Q1'26Q2'2628 20 16 22 21 33 Q1'25Q2'25Q3'25Q4'25Q1'26Q

Notes

• Revenue growth impacted by completion of large order • 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 higher because of One off Earnout Reversal (INR 195.75M) • Reported Effective Tax Rate (ETR) is at 11.8% due to one-off Other income which is part of capital gain. Excluding that one-off, ETR stands at 25.8%. • Normalized PAT is excluding the one-off gains in other income 12 | © CYIENT DLM 2025 | Confidential Revenue3,106 3,894 -20.2%Material cost1,826 3,092 -40.9%Employee Cost529 336 57.7%Other Expense439 150 191.8%EBITDA312 316 -1.4%EBITDA %10.0%8.1%192 bpsD&A106 69 53.8%Finance cost68 110 -37.9%Other income227 71 219.2%Profit before Tax365 209 74.6%Tax 43 54 -20.3%Reported PAT321 155 108.0%Reported PAT %10.3%4.0%638 bpsNor

Revenue

• Revenue growth impacted by completion of large order Costs & Margins: • Material cost ratio improved due to better mix and improved supply chain efforts. • 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 higher because of One off Earnout Reversal (INR 195.75M) • Normalized PAT is excluding the one off Earnout reversal 13 | © CYIENT DLM 2025 | Confidential Revenue5,891 6,473 -9.0%Material cost3,491 5,019 -30.5%Employee Cost1,107 664 66.8%Other Expense730 274 166.2%EBITDA563 516 9.0%EBITDA %9.5%8.0%157 bpsD&A211 136 55.4%Finance cost154 190 -18.8%Other income268 160 67.8%Profit before Tax466 350 32.9%Tax 70 90 -22.6%Reported PAT396 260 52.1%Reported PAT %6.7%4.0%270 bpsNormalized PAT200 260 -23.1%Normalized PAT %3.4%4.0%-62 bpsDetailsH1 FY26H1 FY25YoY BUSINESS OVERVIEW FINANCE UPDATES IPO PROCEEDS UTILIZATION – Q2FY26 Amount in ₹Mn 14 | © CYIENT DLM 2025 | Con