Cyient DLM Share Price

Cyient DLM is principally engaged in providing total electronic manufacturing solutions in the fields of medical, industrial, automotive, telecommunication, defence, and aerospace applications, and machining of components for aerospace, automotive, and defence industries. Cyient DLM share price on the NSE and BSE is a reflection of how market participants respond to a company’s performance and broader business developments within its industry. It captures the sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries. 

Cyient DLM stock price is influenced by various factors such as order book growth, revenue from key verticals, margin performance, raw material costs, and global supply chain dynamics. In the longer run, strategies such as capacity expansion, customer diversification, and technological capabilities in areas like additive manufacturing affect stock market sentiments. All these factors need to be monitored closely to have an idea about Cyient DLM stock price movements. 

Cyient DLM live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant ͏monitoring of Cyient DLM live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market. 

Furthermore, monitoring the Cyient DLM share͏ price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook. 

Cyient DLM Limited Company Fundamentals 

Cyient DLM Company Background 

Cyient DLM is an integrated electronics and mechanical manufacturing partner that provides Design Led Manufacturing (DLM) solutions across multiple industries. The company was originally incorporated on 30 June 1993 as Rangsons Electronics Private Limited and later became part of the Cyient group, adopting the name Cyient DLM in 2017. It supports customers throughout the product lifecycle, including design, manufacturing, testing, and certification, ensuring adherence to reliability, safety, and performance standards. The company has particular expertise in safety-critical electronics for highly regulated sectors, leveraging engineering knowledge to facilitate the development of complex products and help reduce time-to-market. Cyient DLM operates three manufacturing facilities with a combined floor space of approximately 350,000 square feet. It employs over 900 associates directly in manufacturing, supported by an additional 7,000 design associates through the broader Cyient Services arm. The company integrates design, production, quality management, and supply chain processes to support customer requirements efficiently. It provides structured support in value engineering, production optimization, and process integration, enabling clients to manage costs while maintaining product standards. Its operations span multiple sectors, providing a consistent framework for design-led manufacturing and supply chain management. 

Cyient DLM Company Product Lines 

Integrated Design Led Manufacturing (DLM) Solutions 

• Endtoend product lifecycle support from design and development to manufacturing and certification. 
• Systems engineering and design support for complex products.  

Electronics Manufacturing 

• Complex Printed Circuit Board Assembly (PCBA) including highmix, low/medium volume production. 
• Wave/selective soldering, convection and vapor phase reflow. 
• Testing, inspection, conformal coating, and encapsulation.  

Mechanical Manufacturing 

• Precision machining and fabrication of mechanical components for industrial and regulated sectors. 
• Castings and precision parts for aerospace, defense, automotive, and industrial equipment.  

Additive Manufacturing 

• Ondemand tooling and parts through 3D printing to accelerate development and prototype cycles.  

ValueAdded Services 

• New Product Introduction (NPI) assistance. 
• Supply chain support, sustainment solutions, and aftermarket services 

Industry Coverage: 

• Aerospace & Defense, Healthcare & Lifesciences, Industrial and Heavy Equipment, Automotive and Communications sectors. 

Cyient DLM Company Revenue Model 

Cyient DLM’s revenue primarily stems from its end-to-end electronic manufacturing services. 

• Contract Manufacturing – Fees for electronics and mechanical manufacture, including PCBA, box builds, precision machining, and assemblies.  
• Design and Engineering Services – Payments for design, prototyping, and integrated product lifecycle solutions.  
• ValueAdded Services – Revenue from NPI, supply chain integration, testing, inspection, and sustainment support.  
• Additive Manufacturing Services – Charges for tooling, prototype and product development using advanced manufacturing technologies.  
• Aftermarket & AfterSales Support – Ongoing support and maintenance services tied to products delivered 

Cyient DLM Geographic Presence 

Cyient DLM has a global manufacturing footprint and serves international markets: 

Manufacturing Facilities (India): 

• Hyderabad (Telangana) – Integrated electronics manufacturing, PCBA, cable harnesses & testing. 
• Bengaluru (Karnataka) – Precision mechanical machining and assemblies. 
• Mysuru (Karnataka) – Electronics manufacturing including PCBA and box builds.  

International Exposure: 

• Altek Electronics, EMS Company Focussed  on PCB Assemblies, Box Builds and Cable Harness- Connecticut USA 

Cyient DLM Leadership  

Some of the key leaders for Cyient DLM Limited as of January 2026 are 

• Rajendra Velagapudi – Managing Director and Chief Executive Officer 
• B.V.R. Mohan Reddy – Non-Executive Director 
• Krishna Bodanapu – Non-Executive Chairman 
• Jehangir Ardeshir – Independent Director 
• Vanitha Datla – Independent Director 
• Murali Yadama – Independent Director 
• Ganesh Natarajan – Independent Director 
• Giridhar Aramanen – Independent Director 
• R.M. Subramanian – Vice President & Chief Financial Officer 
• Pooja Jamwal – Head of Corporate Development 
• Suchitra Royroth – Chief of Business Excellence 
• Kaushal Jadia – Chief Technology Officer 
• Mujeeb Rahiman – Head of Operations – India 
• David Altschuler – Vice President 

Cyient DLM Key Milestones 

• 1993: Incorporated as Rangsons Electronics on 30 June 1993. 
• 2015: Cyient acquired a majority stake in Rangsons Electronics on 4 February 2015. 
• 2017: Rangsons Electronics was renamed Cyient DLM on 18 January 2017. 
• 2018: Techno Tools merged with Cyient DLM Private Limited. 
• 2019: Construction commenced for a state-of-the-art manufacturing facility at the Hyderabad SEZ. 
• 2020: Operations began at the Hyderabad DLM plant. 
• 2020: Awarded “Highest Exporter in Electronics Hardware (Tier II and III)” for 2019–20 by MEIT. 
• 2020: Received the Thales Global Best Supplier Award. 
• 2021: Implemented the Kinaxis Rapid Response tool to address demand–supply challenges. 
• 2021: Received the NASSCOM Award for Social Impact Solution for COVID-19 support in manufacturing RT-PCR units. 
• 2022: Awarded a multi-million-dollar contract by Honeywell for manufacturing and testing LRUs for the aviation industry’s first cloud-based cockpit avionics suite. 

Industry Perspective 

Cyient DLM operates in the Electronics Manufacturing Services (EMS) and design-led manufacturing industry, a segment focused on outsourced production of electronic assemblies, printed circuit board assemblies (PCBA), box builds, testing, and value-added engineering services for original equipment manufacturers (OEMs). The global EMS market was valued at approximately USD 880 billion in 2021, with forecasts estimating continued growth to over USD 1,145 billion by 2026, reflecting a 5+ % CAGR driven by rising demand for connected devices, smart technologies, and advanced manufacturing processes.  Other research indicates the broader global EMS market could grow from around USD 610 billion in 2024 to over USD 1,030 billion by 2032 at a 6.9 % CAGR, supported by expanding applications in automotive electronics, industrial automation, aerospace, healthcare, and telecommunications. In India, the domestic EMS market is also expanding. India’s share of the global EMS industry is projected to rise significantly, with forecasts suggesting growth from roughly 2 % (USD 20 billion) of the global market to about 7 % (USD 80 billion) by 2026–27, representing one of the fastest growing EMS sectors globally. Key drivers include increased outsourcing by OEMs, the “China + 1” supply chain strategy, and government initiatives to strengthen electronics manufacturing, making the sector a strategic growth area for companies like Cyient DLM. 

Cyient DLM stands to benefit from the sustained growth of the global and Indian EMS industry through increased outsourcing by OEMs, rising demand for design-led manufacturing, and expansion in safety-critical and regulated sectors. Strong industry CAGR, supply-chain diversification, and government support for electronics manufacturing create opportunities for higher order inflows, deeper customer integration, and long-term revenue visibility. 

Cyient DLM Limited Stock Market Presence: Listings & Index Representation 

Cyient DLM Limited listed on the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) on July, 2023, following its public offer. 

Cyient DLM Limited is an emerging entity in the Indian stock market, listed on major exchanges such as NSE (CYIENTDLM) and BSE (543937). Its inclusion in prominent indices like S&P BSE Industrials, S&P BSE MidSmallCap, S&P BSE SmallCap, S&P BSE AllCap, Nifty Total Market, and Nifty Microcap 250 underscores the company’s significance in India’s engineering and manufacturing sector. 

Cyient DLM stock price is tracked by retail and institutional investors. Its inclusion in these indices reflects its market capitalisation and role in the industrial ecosystem. Listing on NSE and BSE ensures liquidity, while index presence can influence institutional holdings and benchmark tracking within the capital goods and manufacturing sector. 

Cyient DLM Limited Stock Performance and Share Price History 

Cyient DLM share price on NSE and BSE reflects its position as a specialized engineering manufacturer. Performance is driven by order inflows, revenue growth, operating margins, and sectoral demand cycles. Investors compare Cyient DLM share price today with broader indices and sectoral peers to gauge relative performance. 

These underlying factors are often visible through real market movements across different periods. Similar trends are observed during earnings-driven movements. Broader sector sentiment has also played a role in influencing the Cyient DLM share price. In addition to operational and sector-led factors, corporate actions can also have a significant impact on Cyient DLM share price movements short-term even when a company’s fundamentals remain stable. This shows how corporate actions can trigger short-term swings within a sector influenced by global supply chains and industrial demand. 

While short-term movements reflect events and announcements, longer-term valuation trends are visible through Cyient DLM share price 52-week high and low, providing context beyond daily or weekly changes. Highs indicate strong order book visibility and margin stability, while lows align with market corrections or sector volatility. These levels capture impacts of economic cycles, input cost pressures, and earnings visibility, providing context for the stock’s historical performance. 

Cyient DLM’s stock performance reflects the trading behaviour of a capital goods and manufacturing company. The company’s diversified industry verticals, integrated manufacturing capabilities, and focus on complex assemblies have shaped its Cyient DLM share price history. The stock has shown phases of sharp gains and consolidation since its listing. 

Post its listing in 2023, the Cyient DLM share price witnessed strong momentum, with the stock reaching its all-time high in the latter part of the year, driven by investor optimism around its business model and growth prospects. Following this peak, the Cyient DLM stock price entered a phase of correction and consolidation. In 2024, the Cyient DLM share price saw periods of decline, influenced by broader market volatility and sector-specific headwinds. 

Cyient DLM’s stock performance over time has followed industry and market cycles. For instance, the Cyient DLM share price reached an all-time high above ₹883 in October 2023, supported by strong post-listing interest. Over longer horizons, the stock delivered meaningful returns, with gains of 35.6 percent over three and five-year periods. More recent performance shows a decline of 30.22% over one year, contrasting with positive returns of 8.52% for the Nifty 50, indicating company-specific and sectoral challenges. 

The recent decrease in the Cyient DLM share price aligns with its underperformance against major indices over the past year. The stock declined 30.22% compared to the sector’s gain of 13.58%, influenced by factors such as quarterly revenue fluctuations, margin pressures visible in operating profit, and a broader de-rating in its sector. Short-term data shows the Cyient DLM share price today at ₹359.35, which is 33.75% below its 52-week high of ₹542.4. Quarterly seasonality data indicates negative returns in multiple quarters of 2024 and 2025, contributing to the annual decline of 37.96% in 2025. 

Cyient DLM Limited Investor Relevance and Portfolio Role 

Cyient DLM offers exposure to the engineering and manufacturing services sector, focusing on high-precision manufacturing and global supply chains. Inclusion in indices like S&P BSE Industrials and S&P BSE SmallCap highlights its relevance within the industrial segment. Its operational focus on aerospace, medical, and other regulated industries makes it a strategic holding for portfolios seeking manufacturing sector exposure. 

Cyient DLM equity is held by a mix of domestic and international institutional investors. Top institutional stakeholders include Cyient Limited, HDFC Asset Management Company Limited, Nippon Life India Asset Management Limited, Aditya Birla Sun Life AMC Limited, Amansa Capital Pte. Ltd., Morgan Stanley, ICICI Prudential Asset Management Company Limited, DSP Asset Managers Pvt. Ltd, Franklin Resources, Inc., and Franklin Templeton Mutual Fund. 

Prominent mutual fund holders include various schemes from the asset management companies listed as institutional holders, reflecting its coverage in small-cap and sector-focused funds. 

Beyond fundamentals and ownership, Cyient DLM’s stock is monitored in derivatives markets, where open interest and F&O quotes reflect expectations on order book growth and margin trends. Technical indicators such as RSI and MACD provide additional insight into short-term momentum shifts in Cyient DLM stock price. While primarily used for near-term trading, these tools can also help gauge market sentiment around quarterly results and sector news. 

Cyient DLM’s beta values indicate higher volatility compared to the broader market. The beta ranges from 1.17 in the three-month daily range to 1.64 in the one-month daily and two-year two-week ranges, with a weekly one-year beta of 1.59. These figures, consistently above 1, show that the Cyient DLM share price has experienced more pronounced swings than the market average. This reflects its status as a smaller-cap stock in a cyclical sector, where the Cyient DLM share price can be more sensitive to company-specific news and industrial sector dynamics, unlike more stable large-cap stocks. 

Cyient DLM Limited Sectoral Relevance and Peer Positioning 

Cyient DLM sector relevance stems from its integrated manufacturing solutions, precision engineering, and vertical specialization in aerospace and medical segments, establishing it as a key player in India’s engineering services ecosystem. Peer comparisons with other EMS providers such as Kaynes Technology, Syrma SGS Technology, and Dixon Technologies  focus on order book size, clientele, operational margins, and technological capabilities rather than short-term stock moves. These benchmarks help investors assess operational scale, execution efficiency, and positioning within global manufacturing supply chains. 

Cyient DLM’s market cap shows significant volatility since its listing. As of January 22, 2026, the market cap stood at ₹29.12 billion, representing a decrease of 11.74% from a month prior and a substantial 44.99% decline over one year. The market cap reached a peak of approximately ₹68.98 billion in late 2023 post-listing before trending downwards. It decreased from ₹53.51 billion at the end of 2023 to ₹53.10 billion in 2024, and further to ₹33.00 billion by December 2025. This trajectory highlights the market’s changing valuation of the company amidst its growth phase and sectoral conditions. 

Cyient DLM earnings history demonstrates a pattern of revenue growth with fluctuating profitability. Total revenue grew from ₹628.03 crore in March 2021 to ₹1,519.63 crore in March 2025, a compound annual growth rate of 27.43% over five years. Net income followed a volatile path, rising from ₹11.81 crore in March 2021 to ₹68.08 crore in March 2025. However, quarterly data shows variability; for instance, net profit declined to ₹7.9 crore in December 2025 from ₹34.9 crore in March 2025. Operating profit margins have also fluctuated quarterly, ranging from 6.33% to 16.91%, reflecting the impact of input costs and operational leverage. 

Cyient DLM EPS shows considerable variation due to changes in profitability and share capital. Basic EPS on a TTM (Trailing Twelve Months) basis was ₹8.5 as of December 2025. Annual basic EPS reported was ₹8.58 for March 2025, ₹8.42 for March 2024, and ₹7.75 for March 2023. Notably, EPS saw a significant spike to ₹291.11 in March 2022 due to a much lower share count pre-IPO, making historical comparisons post-listing more relevant. The 1-year CAGR for EPS was a modest 1.92%, indicating a period of stabilized earnings post its public listing. 

Cyient DLM P/E ratio history reflects shifting market valuations against its earnings. The latest FY P/E ratio stood at 53.34 as of March 2025, a decrease from 85.56 in March 2024. The Trailing Twelve Months P/E was 35.58. The P/E ratio drastically fell by 37.66% from March 2024 to March 2025 as the Cyient DLM share price corrected while earnings grew modestly. The P/E ratio with a value of 85.56 was the highest in the last five years as of March 2024, indicating a period of high earnings multiples post-IPO, which subsequently moderated. 

Summary 

Cyient DLM Limited is a specialized engineering manufacturing services company listed on Indian stock exchanges. The Cyient DLM share price is influenced by sectoral demand, order books, and margin trends. Its stock performance shows volatility, with significant price movements since its listing. The company holds a position in several sectoral indices and is held by various institutional investors, reflecting its role in the industrial manufacturing segment within investment portfolios.