CYIENTDLMNSEQ4 FY2621 April 2026

Cyient DLM Limited

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Key numbers — 40 extracted

rs,

21 April, 2026 BSE Limited PJ Towers, 25th Floor, Dalal Street, Mumbai 400001. Scrip Code: 543933 National Stock Exchange of India Lt

rs 650

ation (previously IPC) event IEMI 2026, and individual wins for employees and DLM in-house trainers 650 2025 2033 GEOGRAPHY SPLIT (%) APAC, 40% NAM, 35% EMEA, 25% • India Market Spend- India def

40%

idual wins for employees and DLM in-house trainers 650 2025 2033 GEOGRAPHY SPLIT (%) APAC, 40% NAM, 35% EMEA, 25% • India Market Spend- India defense, Rail etc. • Automotive Traction: Key

35%

for employees and DLM in-house trainers 650 2025 2033 GEOGRAPHY SPLIT (%) APAC, 40% NAM, 35% EMEA, 25% • India Market Spend- India defense, Rail etc. • Automotive Traction: Key Milestones

25%

es and DLM in-house trainers 650 2025 2033 GEOGRAPHY SPLIT (%) APAC, 40% NAM, 35% EMEA, 25% • India Market Spend- India defense, Rail etc. • Automotive Traction: Key Milestones: INDUSTRY

55%

ndia defense, Rail etc. • Automotive Traction: Key Milestones: INDUSTRY SPLIT (%) Consumer/IT, 55% Telecom, 10% Industrial, 20% Automotiv… Rail, 2% A&D, 4% Medical, 3% • IATF audit cleared

10%

ail etc. • Automotive Traction: Key Milestones: INDUSTRY SPLIT (%) Consumer/IT, 55% Telecom, 10% Industrial, 20% Automotiv… Rail, 2% A&D, 4% Medical, 3% • IATF audit cleared and LOC receive

20%

otive Traction: Key Milestones: INDUSTRY SPLIT (%) Consumer/IT, 55% Telecom, 10% Industrial, 20% Automotiv… Rail, 2% A&D, 4% Medical, 3% • IATF audit cleared and LOC received • Series supply

estones: INDUSTRY SPLIT (%) Consumer/IT, 55% Telecom, 10% Industrial, 20% Automotiv… Rail, 2% A&D, 4% Medical, 3% • IATF audit cleared and LOC received • Series supply started for automotiv

INDUSTRY SPLIT (%) Consumer/IT, 55% Telecom, 10% Industrial, 20% Automotiv… Rail, 2% A&D, 4% Medical, 3% • IATF audit cleared and LOC received • Series supply started for automotive produ

IT (%) Consumer/IT, 55% Telecom, 10% Industrial, 20% Automotiv… Rail, 2% A&D, 4% Medical, 3% • IATF audit cleared and LOC received • Series supply started for automotive product line • Se

rs 5

ntake: 1.5 times of FY26 revenues. Maintained consistent Book to Bill Ratio of >1 in all 4 quarters 5 | © CYIENT DLM 2026 | Confidential BUSINESS OVERVIEW FINANCE UPDATES KEY STRATEGIC INITIATIVE

Guidance — 13 items

Comments

opening

“8 | © CYIENT DLM 2026 | Confidential ₹ 3,691 Mn₹ 431 Mn₹ 224 Mn-13.8% YoY-24.9% YoY-27.6% YoY₹ 24,166 Mn11.7%6.1% 672 Mn QoQ-173 bps YoY-116 bps YoYREVENUEEBITDAOrder BookEBITDA MarginPATPAT Margin BUSINESS OVERVIEW FINANCE UPDATES DASHBOARD – FY26 DLM GROUP • • The Closing Order Book is the highest in last 10 quarters.”

Notes

opening

“• • Year-over-year revenue growth influenced by the completion of a large order in FY25.”

Notes

opening

“13 | © CYIENT DLM 2026 | Confidential Revenue3,691 4,281 -13.8%Material cost2,247 2,806 -19.9%Employee Cost576 611 -5.7%Other Expense437 290 50.9%EBITDA431 574 -25.0%EBITDA %11.7%13.4%-174 bpsD&A109 105 4.0%Finance cost56 86 -34.4%Other income51 33 54.8%Profit before Tax317 417 -24.0%Tax 92 106 -13.1%PAT 224 310 -27.7%PAT % 6.1%7.3%-117 bpsDetailsQ4 FY25Q4 FY26 YoY % BUSINESS OVERVIEW FINANCE UPDATES FINANCIALS – DLM GROUP FY26 Amount in ₹ Mn”

Notes

opening

“• • • • YoY revenue growth was affected by the completion of a large order in FY25.”

Notes

opening

“FY26 One-time items include: • Earnout reversal of INR 195.7M in Q2 • Wage code impact of INR 16.4M, and M&A expenses totaling INR 17.7M in Q3 Finance costs declined owing to lower interest rates and reduced working capital loans.”

Notes

opening

“• Other income decreased due to the closure of Fixed deposits in the first half of FY26.”

Notes

opening

“• Automotive Traction: Key Milestones: INDUSTRY SPLIT (%) Consumer/IT, 55% Telecom, 10% Industrial, 20% Automotiv… Rail, 2% A&D, 4% Medical, 3% • IATF audit cleared and LOC received • Series supply started for automotive product line • Series production started for Key account in Semiconductor Equipment Mfg sector, opening up further opportunities within them in other commodities, and also into other companies • Record Order Intake: 1.5 times of FY26 revenues.”

Comments

opening

Notes

opening

“• • Year-over-year revenue growth influenced by the completion of a large order in FY25.”

Notes

opening

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Risks & concerns — 2 flagged

FY26 One-time items include: • Earnout reversal of INR 195.7M in Q2 • Wage code impact of INR 16.4M, and M&A expenses totaling INR 17.7M in Q3 Finance costs declined owing to lower interest rates and reduced working capital loans.

— Notes

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Opening remarks

Comments

• Steady growth in Order book. QoQ growth of 15% driven by sustained B2B ratio of 1.2 • Both EBITDA and PAT are highest in last 4 quarters. 8 | © CYIENT DLM 2026 | Confidential ₹ 3,691 Mn₹ 431 Mn₹ 224 Mn-13.8% YoY-24.9% YoY-27.6% YoY₹ 24,166 Mn11.7%6.1% 672 Mn QoQ-173 bps YoY-116 bps YoYREVENUEEBITDAOrder BookEBITDA MarginPATPAT Margin BUSINESS OVERVIEW FINANCE UPDATES DASHBOARD – FY26 DLM GROUP • • The Closing Order Book is the highest in last 10 quarters. Although revenue was subdued, EBITDA margins remained in the double digits, reflecting improved product mix, and efficient cost control. 9 | © CYIENT DLM 2026 | Confidential ₹ 12,615 Mn₹ 1,302 Mn₹ 1,268 Mn₹ 563 Mn₹ 733 Mn-17.0% YoY-10.2% YoY-12.6% YoY-24.0% YoY7.7% YoY₹ 24,166 Mn10.3%10.1%4.5%5.8% 5,105 Mn YoY78 bps YoY51 bps YoY-41 bps YoY133 bps YoYREVENUENormalized EBITDAReported PATOrder BookNormalized EBITDA MarginReported PATMarginNormalized PATNormalized PAT MarginReported EBITDAReported EBITDA Margin BUSINESS OVERVIEW FINANC

Comments

• • EBITDA Margins improved with increase in revenue and operational efficiency PAT moving in upward trend along with revenues. • Q3FY26 one-off in EBITDA trend relates to Wage code impact and M&A expenses • Q2FY26 one-off in PAT trend pertains One-off’s to Earnout reversal 196 126 10 | © CYIENT DLM 2026 | Confidential 25793894444242812784310630333691Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26Q4'26200316361574251312309431Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26Q4'2610615517031075321138224Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26Q4'267.8%8.1%8.1%13.4%9.0%10.0%10.2%11.7%Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26Q4'26Revenue (INRMn)EBITDA (INRMn) Normalized PAT (INRMn) Normalized EBITDA % Normalized BUSINESS OVERVIEW FINANCE UPDATES KEY KPI’s TREND 2 All numbers are in Days and order book in ₹Mn * Operating Free cashflow for the year stands at INR 281 Mn. Reported FCF to be @ 91Mn 11 | © CYIENT DLM 2026 | Confidential 184 122 129 123 185 172 195 153 Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26Q4'2692 82 76 76 74 72 76 74 Q

Notes

• • Year-over-year revenue growth influenced by the completion of a large order in FY25. Finance costs declined by 34.4%, reflecting lower interest rates and decreased working capital borrowings. • Other income rose by 54.8%, driven by favorable foreign exchange movements. 13 | © CYIENT DLM 2026 | Confidential Revenue3,691 4,281 -13.8%Material cost2,247 2,806 -19.9%Employee Cost576 611 -5.7%Other Expense437 290 50.9%EBITDA431 574 -25.0%EBITDA %11.7%13.4%-174 bpsD&A109 105 4.0%Finance cost56 86 -34.4%Other income51 33 54.8%Profit before Tax317 417 -24.0%Tax 92 106 -13.1%PAT 224 310 -27.7%PAT % 6.1%7.3%-117 bpsDetailsQ4 FY25Q4 FY26 YoY % BUSINESS OVERVIEW FINANCE UPDATES FINANCIALS – DLM GROUP FY26 Amount in ₹ Mn

Notes

• • • • YoY revenue growth was affected by the completion of a large order in FY25. Employee expenses and other costs impacted by B2S and US Operations. FY26 One-time items include: • Earnout reversal of INR 195.7M in Q2 • Wage code impact of INR 16.4M, and M&A expenses totaling INR 17.7M in Q3 Finance costs declined owing to lower interest rates and reduced working capital loans. • Other income decreased due to the closure of Fixed deposits in the first half of FY26. 14 | © CYIENT DLM 2026 | Confidential Revenue12,615 15,196 -17.0%Material cost7,522 11,082 -32.1%Employee Cost2,268 1,862 21.8%Other Expense1,557 800 94.5%EBITDA Normalized1,302 1,452 -10.3%EBITDA % Normalized10.3%9.6%77 bpsEBITDA Reported1,268 1,372 -7.5%EBITDA % Reported10.1%9.0%103 bpsD&A428 341 25.5%Finance cost272 375 -27.6%Other income167 262 -36.2%Profit before Tax770 998 -22.8%Tax 207 257 -19.4%PAT Normalized 563 740 -24.0%PAT Normalized %4.5%4.9%-41 bpsPAT Reported733 681 7.6%PAT % Reported5.8%4.5%133 bpsDetailsY

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