Cyient DLM Shares Drop 19% as EBITDA Margin Falls, Revenue Surges 26.5% YoY
Cyient DLM shares fell sharply on Friday, October 16, after the company released its Q2 FY27 earnings. The stock dropped as much as 19.2%, reaching an intraday low of ₹832.20 per share, compared with Thursday’s closing price of ₹1,030.10. At 10:50 AM the share price was ₹872.90, a decline of 15.26 %.
Revenue from operations surged 26.5 % year‑on‑year to ₹393.1 crore in Q2 FY27, up from ₹310.6 crore in the September quarter of FY26. The growth reflects a 26.5 % increase in sales, while the company’s operating income remained under pressure due to a 135 bps decline in EBITDA margin.
Consolidated net profit rose 5.8 % YoY to ₹34.01 crore in the July‑September quarter of FY27, compared with ₹32.15 crore in the same period of FY26. However, EBITDA margin fell by 135 bps YoY, signalling pressure on earnings before interest, tax, depreciation and amortisation.
As of October 16, 2026, Cyient DLM’s market capitalisation stood at ₹6,929.77 crore on the NSE. The share price decline followed the company’s announcement of a modest profit increase amid a shrinking EBITDA margin, prompting investors to reassess valuation multiples in the electronics system design and manufacturing sector.