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Cyient DLM CYIENTDLM

Aerospace Component Manufacturing & MRO: Electronics Manufacturing Services (EMS) for Aerospace & Defence integrated manufacturing

Mapped in 3 themes: Aerospace Component Manufacturing & MRO, Semicon 2.0 + Mobile Phones (MPMS) and Electronic Components (ECMS).

From publicly available information

Where Cyient DLM sits in the supply chain

Cyient DLM appears in 3 supply-chain layers across 3 themes: Aerospace Component Manufacturing & MRO, Semicon 2.0 + Mobile Phones (MPMS) and Electronic Components (ECMS).

Semicon 2.0 + Mobile Phones (MPMS) › PCBA & sub-assemblies

Indirect supplier

Hyderabad EMS company building circuit boards and boxes mainly for aerospace, defence, medical and industrial customers

Other companies in this layer

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Electronic Components (ECMS) › EMS & SMT assembly

Operator

Design-led EMS for aerospace, defence, medical and industrial customers - a buyer of the high-reliability boards ECMS fabs will make

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Revenue and profit

₹ CrFY24FY25FY26
Revenue1,1921,5201,261
Net profit616873

Latest-year revenue ₹1,261 Cr (FY26, company-wide). Wider screens show FY22 onwards.

Strengths · in Aerospace Component Manufacturing & MRO

  • Dedicated EMS platform for Aerospace & Defence with Cyient Group backing, giving it access to parent-level customer relationships and engineering expertise uncommon among pure contract manufacturers

Risks · in Aerospace Component Manufacturing & MRO

  • EMS/contract-manufacturing margins are structurally thinner than IP-driven component makers
  • Aerospace & Defence is combined with other EMS end-markets in some disclosures

Common questions

What does Cyient DLM do?

In Aerospace Component Manufacturing & MRO: Electronics Manufacturing Services (EMS) for Aerospace & Defence integrated manufacturing. NextResearch maps it in 3 supply chains: Aerospace Component Manufacturing & MRO, Semicon 2.0 + Mobile Phones (MPMS) and Electronic Components (ECMS).

Where does Cyient DLM sit in the supply chain?

Cyient DLM (NSE: CYIENTDLM) is mapped in 3 supply-chain layers: Avionics, Electronics, RF/Microwave & Mission Systems (Aerospace Component Manufacturing & MRO); PCBA & sub-assemblies (Semicon 2.0 + Mobile Phones (MPMS)); and EMS & SMT assembly (Electronic Components (ECMS)).

Who are Cyient DLM's peers?

In the Avionics, Electronics, RF/Microwave & Mission Systems layer of Aerospace Component Manufacturing & MRO: Bharat Electronics, Data Patterns (India), Astra Microwave Products, Apollo Micro Systems, Zen Technologies, Cyient and 7 more.

What is Cyient DLM's market cap and valuation?

As of 30 Oct 2026: market cap ₹5,958 Cr, P/E 71.0x, ROCE 9.9%, ROE 7.5%, dividend yield 0%.