Cyient Q4 FY26: Buyback signal amid mixed growth across DET, DLM, and Semiconductors

FY26 segment revenues were: DET INR 5,819 crore, DLM INR 1,261.5 crore, Semiconductors INR 228.3 crore, and Others INR 34.3 crore (as per segment reporting table).

DET revenue was $163.5 million (INR 1,500 crore) and normalized EBIT margin was 12.4% in Q4 FY26.

The board approved a tender-offer buyback up to INR 720 crore at INR 1,125 per share for up to 6.4 million shares (5.76% of paid-up equity), subject to shareholder approval.

Cyient Semiconductors reported FY26 revenue of $25.7 million with normalized EBIT of negative $11.2 million and normalized PAT of negative $9.5 million.

Management stated it is aspiring for mid- to high single-digit organic growth in FY27 and reiterated an aspiration to reach about 15% EBIT margin by Q4 FY27, subject to quarterly volatility in project-based energy.

Statutory notes state the acquisition was completed on April 8, 2026, after the FY26 reporting date; the investor presentation describes it as a majority investment adding 250+ products and 100+ IPs.