Cyient Share Price Target 2024-2030 Fundamentals & Quarterly Results

Cyient Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 Fundamentals & Quarterly Results – Cyient Limited (Previously Infotech Enterprises Ltd) came into being in 1991. This company is involved in providing all kinds of global technology services and solutions with special focus on geospatial, engineering design, IT solutions and data analysis. With major headquarters and development centres located in India; the company caters to its customers worldwide through subsidiaries based in the USA, UK, Germany, Japan, Australia, Singapore and India.

Some of the services Cyient provides are drawing and map digitization, photogrammetry work among others CAD/CAE computer-aided design/engineering things designing & modeling; repair development engineering tasks; reverse engineering application software development initiatives besides several software products creation efforts as well as offering consultancy services that encompass analytics; implementation among others areas too. Apart from these areas it also provides software services/solutions within manufacturing utilities telecommunications transportation & logistics local government sector while at the same time financial markets.Cyient Share Price Target

Cyient LTD Overview

Cyient (previously referred to as Infotech Enterprises Limited) is a multinational company of India dedicated to engineering as well as manufacturing, analytics of data and networks besides operations. Infotech Enterprises Ltd. began its journey in 1991 within the city of Hyderabads.

Company Name Cyient Limited
Listed atNSE & BSE
Head Office4TH FLOOR,’A’ WING,PLOT NO. 11,SOFTWARE UNITSLAYOUT INFOCITY,MADHAPUR , HYDERABAD, Telangana, India – 500081.
Board Of Directors
  • Mr.Ganesh Venkat Krishna Bodanapu Chairman & Non-Exe.Director
  • Mr.Jehangir Ardeshir Independent Director
  • Mr.Pillutla Madan Mohan Independent Director
  • Ms.Vanitha Datla Independent Director
  • Mr.Ajay Kumar Independent Director
  • Mr.Muralidhar Yadama Independent Director
  • Mr.Rajendra Velagapudi Managing Director
  • Mr.Venkat Rama Mohan Reddy Bodanapu Non Executive Director
Official Websitecyient.com

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Cyient Business Profile

Cyient, which ranks among the top 30 outsourcing companies worldwide, has eight strategic business units: Aerospace & Defense; Transportation; Industrial, Energy and Natural Resources; Semiconductor, Internet of Things and Analytics; Medical and Healthcare; Utilities & Geospatial; Communications; and Design-led Manufacturing (Cyient DLM).

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Cyient DLM got its IPO finished in July 2023 resulting to earnings of ~700 crore. Through its subsidiaries and joint ventures Cyient serves its worldwide customer base from India where it has its headquarters and development facilities.

Services

This includes digitalizing drawings and maps, photogrammetry, computer-aided design/engineering, design and modelling, repairs, development engineering reverse engineering applications software development software products development consulting analytics implementation. Areas of specialization for Cyient are aerospace and defence healthcare telecommunications rail transport semiconductors geospatial industries energy.

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Design Led Manufacturing

Cyient provides full-scale solutions in aerospace engineering manufacturing that cover all aspects from concept designing to maintenance. The company specializes in electronics production, wire harnessing, PCB assembly, in-circuit testing, aerospace CNC machining, precision tooling, vibration testing and first article inspection with its portfolio encompassing design-build-maintenance phases of product life cycle which offers original equipment manufacturers (OEMs) a one stop shop for improving processes involved in making aircraft components. In H1FY24, this organization’s largest deal pipeline contains $100 million worth of Large deals.

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Manufacturing Facilities

DLM industries are located in Mysore and UK . The DLM is producing printed circuit board assemblies , cable harnesses and other electronic systems.

Cyient has a presence in a total of 22 countries all over the world. About 54 percent are derived from the Americas, 27 percent from Europe, the Middle East, and Africa, and about 19 percent from Asia Pacific (including India) for fiscal FY23.

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R&D Infrastructure

With in-house Research and Development capabilities, Cyient is primarily motivated by research work. A platform called CyientifIQ has been created to offer innovative solutions to over 300 companies and its R&D expenditures represented 1.18% of all revenues in FY23.

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Concentration of Revenue

The organization is having a clientele of over 300+ globally which includes 29 Fortune 500 companies, spanning various industries. Nevertheless, its leading 5 clients account for approximately 28% of its revenue from services in the fiscal year 2023.

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Cyient Fundamentals & Quarterly Results

MetricValue
Market Cap₹ 22,046 Cr.
Current Price₹ 1,987
High / Low₹ 2,459 / 1,542
Stock P/E31.6
Book Value₹ 384
Dividend Yield1.50 %
ROCE (Return on Capital Employed)21.9 %
ROE (Return on Equity)18.8 %
Face Value₹ 5.00
FCF (Free Cash Flow) Prev Year₹ 489 Cr.
Debt to Equity Ratio0.18
Debt (Previous Year)₹ 1,218 Cr.
Reserves₹ 4,203 Cr.
Quick Ratio1.82
Current Ratio2.10
Free Cash Flow (Current Year)₹ 648 Cr.

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Cyient Quarterly Results

MetricSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales (₹ Cr.)1,3961,6181,7511,6861,7781,8211,8611,676
Expenses (₹ Cr.)1,1921,3351,4291,3711,4531,4951,5261,411
Operating Profit (₹ Cr.)205283322316326326335265
OPM %15%18%18%19%18%18%18%16%
Other Income (₹ Cr.)-219-16-17-322321
Interest (₹ Cr.)3126262827293226
Depreciation (₹ Cr.)6370736866666766
Profit Before Tax (₹ Cr.)108206208219240200259195
Tax %27%24%21%23%24%23%24%24%
Net Profit (₹ Cr.)79156163169184153197148
EPS (₹)7.1614.1214.7615.2016.1013.2817.0612.97

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CAGR Report

Metric10 Years5 Years3 YearsTTM/Last Year
Compounded Sales Growth12%9%20%11%
Compounded Profit Growth11%9%26%16%
Stock Price CAGR16%34%24%7%
Return on Equity17%16%18%19%

Cyient Shareholding Pattern

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Jun 2024
Promoters22.18%22.18%22.48%22.87%23.47%23.41%23.35%23.17%23.16%
FIIs (Foreign Institutional Investors)56.99%41.75%45.85%43.52%38.47%34.02%32.61%31.04%29.47%
DIIs (Domestic Institutional Investors)7.26%26.11%20.53%20.73%21.24%23.33%24.88%25.91%27.08%
Public13.57%9.97%11.14%12.88%16.83%19.25%18.18%19.00%19.45%
Others0.00%0.00%0.00%0.00%0.00%0.00%0.98%0.88%0.84%
No. of Shareholders20,08725,38534,22344,01157,3161,16,2971,21,5411,62,0681,81,640

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Cyient Share Price Target 2024-2030 Forecast

YearInitial TargetMid-Year TargetYear-End Target
2024₹2445.97₹3205.86₹3661.8
2025₹3735₹3511₹4191
2026₹4275₹4019₹4797
2027₹4893₹4599₹5490
2028₹5600₹5263₹6283
2029₹6409₹6024₹7192
2030₹7336₹6895₹8230

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CYIENT Share Price Target 2025

MonthTarget
January₹3735
February₹3810
March₹3886
April₹3757
May₹3632
June₹3511
July₹3651
August₹3797
September₹3949
October₹4028
November₹4109
December₹4191

CYIENT Share Price Target 2026

MonthTarget
January₹4275
February₹4361
March₹4448
April₹4300
May₹4157
June₹4019
July₹4180
August₹4347
September₹4521
October₹4611
November₹4703
December₹4797

CYIENT Share Price Target 2027

MonthTarget
January₹4893
February₹4991
March₹5091
April₹4921
May₹4757
June₹4599
July₹4783
August₹4974
September₹5173
October₹5276
November₹5382
December₹5490

CYIENT Share Price Target 2028

MonthTarget
January₹5600
February₹5712
March₹5826
April₹5632
May₹5444
June₹5263
July₹5474
August₹5693
September₹5921
October₹6039
November₹6160
December₹6283

CYIENT Share Price Target 2029

MonthTarget
January₹6409
February₹6537
March₹6668
April₹6446
May₹6231
June₹6024
July₹6265
August₹6516
September₹6777
October₹6913
November₹7051
December₹7192

CYIENT Share Price Target 2030

MonthTarget
January₹7336
February₹7483
March₹7633
April₹7379
May₹7133
June₹6895
July₹7171
August₹7458
September₹7756
October₹7911
November₹8069
December₹8230

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