CYIENT LIMITED — Quarter and year ended 31 March 2026
The document contains audited consolidated and standalone financial results for the quarter and year ended March 31, 2026, along with segment reporting and cash flow statements.
| Sl. No | Particulars | Consolidated Results | Standalone Results |
|---|---|---|---|
| Quarter Ended | Year Ended | ||
| 31-Mar-26 Audited (refer note 10) | 31-Dec-25 Unaudited | ||
| 1 | Income | ||
| (a) | Revenue from contracts with customers | 19,269 | 18,485 |
| (b) | Other income (refer note 3) | 266 | 309 |
| Total income | 19,535 | 18,794 | |
| 2 | Expenses | ||
| (a) | Employee benefits expense | 10,440 | 10,210 |
| (b) | Cost of materials consumed | 2,657 | 1,981 |
| (c) | Changes in inventories of finished goods, stock-in-trade and work-in-progress | (304) | (38) |
| (d) | Finance costs | 145 | 141 |
| (e) | Depreciation and amortisation expense | 679 | 701 |
| (f) | Impairment of non-current assets (refer note 5) | 278 | – |
| (g) | Other expenses | 3,961 | 3,960 |
| Total expenses | 17,856 | 16,955 | |
| 3 | Profit before share of profit/(loss) from a joint venture, an associate, exceptional items and tax (1-2) | 1,679 | 1,839 |
| 4 | Share of loss from a joint venture and an associate | (17) | (23) |
| 5 | Profit before exceptional items and tax (3+4) | 1,662 | 1,816 |
| 6 | Exceptional items (refer note 4) | (712) | (426) |
| 7 | Profit/(loss) before tax (5+6) | 950 | 1,393 |
| 8 | Tax expense | ||
| (a) | Current tax | 726 | 506 |
| (b) | Deferred tax | (431) | 185 |
| Total tax expense | 295 | 421 | |
| 9 | Net Profit/(loss) for the period/year (7-8) | 655 | 972 |
| Attributable to: | |||
| Shareholders of the Company | 548 | 918 | |
| Non-controlling interests | 107 | 54 | |
| 10 | Other comprehensive income | ||
| (a) | Other comprehensive income not to be reclassified to profit or loss in subsequent periods: | ||
| (i) Re-measurement gain/(loss) on defined benefit plans | 17 | 4 | |
| Income tax effect on above | (6) | (1) |
| Particulars | Consolidated As at 31-Mar-2026 Audited | Consolidated As at 31-Mar-2025 Audited | Standalone As at 31-Mar-2026 Audited | Standalone As at 31-Mar-2025 Audited |
|---|---|---|---|---|
| ASSETS | ||||
| Non-current assets | ||||
| Property, plant and equipment | 4,747 | 4,745 | 2,373 | 2,332 |
| Right-of-use assets | 2,448 | 2,824 | 477 | 926 |
| Capital work-in-progress | 48 | 75 | 27 | 16 |
| Goodwill | 19,717 | 18,040 | 110 | 110 |
| Other intangible assets | 3,931 | 3,678 | 454 | 534 |
| Intangible assets under development | – | 714 | – | – |
| Investment accounted for using the equity method | 499 | 563 | – | – |
| Financial assets | ||||
| (a) Investments | 1,981 | 2,798 | 18,820 | 14,426 |
| (b) Loans | – | – | – | 1,016 |
| (c) Other financial assets | 310 | 318 | 168 | 169 |
| Deferred tax assets (net) | 1,838 | 861 | 732 | 217 |
| Income tax assets (net) | 633 | 707 | 217 | 375 |
| Other non-current assets | 430 | 168 | 13 | 18 |
| Total non-current assets | 36,582 | 35,491 | 23,391 | 20,244 |
| Current assets | ||||
| Inventories | 6,528 | 5,766 | – | – |
| Contract assets | 5,746 | 3,918 | 1,048 | 1,610 |
| Financial assets | ||||
| (a) Investments | 2,094 | 1,654 | 1,783 | 1,654 |
| (b) Trade receivables | 13,055 | 14,067 | 5,696 | 9,848 |
| (c) Cash and cash equivalents | 14,575 | 10,706 | 9,408 | 6,526 |
| (d) Bank balances other than cash and cash equivalents | 488 | 2,436 | 2 | 2 |
| (e) Loans | 1,333 | – | – | 1,285 |
| (f) Other financial assets | 133 | 427 | 80 | 306 |
| Other current assets | 2,710 | 2,481 | 1,223 | 1,335 |
| Total current assets | 46,662 | 41,455 | 19,240 | 22,566 |
| TOTAL ASSETS | 83,244 | 76,946 | 42,631 | 42,810 |
| EQUITY AND LIABILITIES | ||||
| Equity | ||||
| Equity share capital | 556 | 555 | 556 | 555 |
| Other equity | 56,263 | 52,540 | 35,341 | 37,114 |
| Equity attributable to shareholders of the Company | 56,819 | 53,095 | 35,897 | 37,669 |
| Non-controlling interests | 4,814 | 4,509 | – | – |
| Total equity | 61,633 | 57,604 | 35,897 | 37,669 |
| LIABILITIES | ||||
| Non-current liabilities | ||||
| Financial liabilities | ||||
| (a) Borrowings | 778 | 982 | – | – |
| (b) Lease liabilities | 1,756 | 2,072 | 137 | 538 |
| (c) Other financial liabilities | 17 | 107 | – | 1 |
| Provisions | 2,387 | 1,746 | 1,841 | 1,368 |
| Deferred tax liabilities (net) | 741 | 734 | – | – |
| Total non-current liabilities | 5,679 | 5,641 | 1,978 | 1,907 |
| Current liabilities | ||||
| Financial liabilities | ||||
| (a) Borrowings | 880 | 1,156 | – | – |
| (b) Lease liabilities | 897 | 924 | 312 | 383 |
| (c) Trade payables | ||||
| (i) Total outstanding dues of micro enterprises and small enterprises | 95 | 84 | 59 | 41 |
| (ii) Total outstanding dues of creditors other than micro enterprises and small enterprises | 5,273 | 3,850 | 2,312 | 1,101 |
| (d) Other financial liabilities | 4,113 | 3,040 | 1,283 | 842 |
| Income tax liabilities (net) | 452 | 523 | 23 | 22 |
| Provisions | 1,630 | 1,355 | 448 | 373 |
| Other current liabilities | 2,592 | 3,769 | 319 | 472 |
| Total current liabilities | 15,932 | 13,701 | 4,756 | 3,234 |
| Total liabilities | 21,611 | 19,342 | 6,734 | 5,141 |
| TOTAL EQUITY AND LIABILITIES | 83,244 | 76,946 | 42,631 | 42,810 |
| Particulars | Quarter Ended 31-Mar-26 Audited (refer note 10) | Quarter Ended 31-Dec-25 Unaudited | Quarter Ended 31-Mar-25 Audited (refer note 10) | Year Ended 31-Mar-26 Audited | Year Ended 31-Mar-25 Audited |
|---|---|---|---|---|---|
| Segment revenue | |||||
| Digital, Engineering & Technology (DET) | 14,996 | 14,883 | 13,967 | 58,189 | 55,150 |
| Design Led Manufacturing (DLM) | 3,691 | 3,033 | 4,280 | 12,615 | 15,196 |
| Semiconductors | 658 | 611 | 752 | 2,283 | 3,008 |
| Others | 78 | 105 | 107 | 343 | 360 |
| Total | 19,423 | 18,632 | 19,106 | 73,430 | 73,714 |
| Less: Inter segment revenue | 154 | 147 | 14 | 748 | 110 |
| Revenue from contracts with customers | 19,269 | 18,485 | 19,092 | 72,682 | 73,604 |
| Segment results | |||||
| Digital, Engineering & Technology (DET) | 1,854 | 1,847 | 1,826 | 6,911 | 7,397 |
| Design Led Manufacturing (DLM) | 330 | 190 | 467 | 1,075 | 1,058 |
| Semiconductors | (327) | (334) | 78 | (1,078) | 468 |
| Others (refer note 5) | (291) | (23) | (20) | (331) | (77) |
| Total | 1,566 | 1,680 | 2,351 | 6,577 | 8,846 |
| Less: Finance costs | 145 | 141 | 191 | 608 | 928 |
| Add: Exceptional items (refer note 4) | (712) | (423) | – | (928) | – |
| Add: Other unallocable income (net) | 258 | 300 | 407 | 1,517 | 881 |
| Add: Share of loss from an associate* | (17) | (23) | (42) | (113) | (49) |
| Profit before tax | 950 | 1,393 | 2,525 | 6,445 | 8,750 |
| Tax expense | 295 | 421 | 661 | 1,815 | 2,267 |
| Profit for the period/year | 655 | 972 | 1,864 | 4,630 | 6,483 |
| Particulars | As at 31-Mar-26 Audited | 31-Dec-25 Unaudited | 31-Mar-25 Audited |
|---|---|---|---|
| Segment assets | |||
| Digital, Engineering & Technology (DET) | 39,071 | 38,051 | 37,340 |
| Design Led Manufacturing (DLM) | 17,236 | 16,422 | 16,015 |
| Semiconductors | 3,661 | 3,674 | 3,576 |
| Others | 333 | 616 | 620 |
| Unallocable | 22,943 | 20,971 | 19,395 |
| Total segment assets | 83,244 | 79,734 | 76,946 |
| Segment liabilities | |||
| Digital, Engineering & Technology (DET) | 10,938 | 9,052 | 8,699 |
| Design Led Manufacturing (DLM) | 3,893 | 4,047 | 3,697 |
| Semiconductors | 703 | 655 | 418 |
| Others | 47 | 38 | 16 |
| Unallocable | 6,030 | 5,868 | 6,512 |