Cyient
Market Cap
₹21.2b
Last Updated
2020/05/28 12:55 UTC
Data Sources
Company Financials +
Executive Summary
Cyient Limited provides geospatial, engineering design, information technology (IT) solutions, and data analytic services in North America, Europe, and the Asia Pacific.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet established dividend payer.
Similar Companies
Share Price & News
How has Cyient's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532175's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
4.1%
532175
4.3%
IN Software
3.8%
IN Market
1 Year Return
-64.4%
532175
-37.9%
IN Software
-20.9%
IN Market
Return vs Industry: 532175 underperformed the Indian Software industry which returned -40.2% over the past year.
Return vs Market: 532175 underperformed the Indian Market which returned -22.6% over the past year.
Shareholder returns
| 532175 | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.1% | 4.3% | 3.8% |
| 30 Day | -3.1% | 2.2% | 0.5% |
| 90 Day | -53.7% | -17.9% | -14.8% |
| 1 Year | -62.6%-64.4% | -35.0%-37.9% | -19.3%-20.9% |
| 3 Year | -56.0%-60.3% | -30.0%-36.9% | -9.6%-14.4% |
| 5 Year | -57.3%-62.9% | -18.0%-31.5% | 13.0%2.4% |
Price Volatility Vs. Market
How volatile is Cyient's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
Attractive Stocks To Profit From1 year ago | Simply Wall St
Attractive Stocks To Profit From2 years ago | Simply Wall St
April Defensive Stock PicksValuation
Is Cyient undervalued compared to its fair value and its price relative to the market?
10.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 532175 (₹196.35) is trading below our estimate of fair value (₹218.25)
Significantly Below Fair Value: 532175 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 532175 is good value based on its PE Ratio (6.3x) compared to the Software industry average (8.7x).
PE vs Market: 532175 is good value based on its PE Ratio (6.3x) compared to the Indian market (9.9x).
Price to Earnings Growth Ratio
PEG Ratio: 532175 is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: 532175 is overvalued based on its PB Ratio (0.8x) compared to the IN Software industry average (0.8x).
Next Steps
Future Growth
How is Cyient forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
7.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 532175's forecast earnings growth (7.3% per year) is above the savings rate (7.2%).
Earnings vs Market: 532175's earnings (7.3% per year) are forecast to grow slower than the Indian market (16.8% per year).
High Growth Earnings: 532175's earnings are forecast to grow, but not significantly.
Revenue vs Market: 532175's revenue (0.03% per year) is forecast to grow slower than the Indian market (6.6% per year).
High Growth Revenue: 532175's revenue (0.03% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 532175's Return on Equity is forecast to be low in 3 years time (13.3%).
Next Steps
Past Performance
How has Cyient performed over the past 5 years?
6.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532175 has high quality earnings.
Growing Profit Margin: 532175's current net profit margins (7.7%) are lower than last year (10.4%).
Past Earnings Growth Analysis
Earnings Trend: 532175's earnings have grown by 6.3% per year over the past 5 years.
Accelerating Growth: 532175's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 532175 had negative earnings growth (-28.4%) over the past year, making it difficult to compare to the Software industry average (-9.1%).
Return on Equity
High ROE: 532175's Return on Equity (13.3%) is considered low.
Next Steps
Financial Health
How is Cyient's financial position?
Financial Position Analysis
Short Term Liabilities: 532175's short term assets (₹24.7B) exceed its short term liabilities (₹11.1B).
Long Term Liabilities: 532175's short term assets (₹24.7B) exceed its long term liabilities (₹5.1B).
Debt to Equity History and Analysis
Debt Level: 532175's debt to equity ratio (14.6%) is considered satisfactory.
Reducing Debt: 532175's debt to equity ratio has increased from 8% to 14.6% over the past 5 years.
Debt Coverage: 532175's debt is well covered by operating cash flow (155.8%).
Interest Coverage: 532175's interest payments on its debt are well covered by EBIT (8.3x coverage).
Balance Sheet
Next Steps
Dividend
What is Cyient's current dividend yield, its reliability and sustainability?
7.64%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 532175's dividend (7.64%) is higher than the bottom 25% of dividend payers in the Indian market (0.85%).
High Dividend: 532175's dividend (7.64%) is in the top 25% of dividend payers in the Indian market (3.65%)
Stability and Growth of Payments
Stable Dividend: 532175's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532175's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.2%), 532175's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 532175's dividends in 3 years are forecast to be covered by earnings (53.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.1yrs
Average management tenure
CEO
Bodanapu Ganesh Krishna (43yo)
6.08yrs
Tenure
₹103,938,791
Compensation
Mr. Bodanapu Ganesh Venkat Krishna has been the Chief Executive Officer and Managing Director of Cyient Limited (formerly, Infotech Enterprises Ltd) since April 24, 2014. Mr. Krishna served as the Preside ...
CEO Compensation Analysis
Compensation vs Market: Bodanapu Ganesh's total compensation ($USD1.37M) is above average for companies of similar size in the Indian market ($USD336.31K).
Compensation vs Earnings: Bodanapu Ganesh's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 6.08yrs | ₹81.13m | 1.32% ₹280.2m | |
| MD, CEO & Executive Director | 6.08yrs | ₹103.94m | 1.74% ₹368.9m | |
| Chief Financial Officer | 9.17yrs | ₹28.18m | 0.041% ₹8.8m | |
| Chief Compliance Officer & Company Secretary | no data | ₹2.93m | 0.00015% ₹31.8k | |
| President & COO | 0.17yr | no data | 0.020% ₹4.1m | |
| Manager of Investor Relations | no data | no data | no data | |
| Senior VP & Global General Counsel | no data | no data | no data | |
| Senior Vice President of Communications & Rail Transportation | 1.33yrs | no data | no data | |
| Senior Vice President of Corporate Strategy & Marketing | 4.08yrs | no data | no data | |
| Senior VP & Global Head of Human Resources | 4yrs | no data | no data |
4.1yrs
Average Tenure
51yo
Average Age
Experienced Management: 532175's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 6.08yrs | ₹81.13m | 1.32% ₹280.2m | |
| MD, CEO & Executive Director | 6.08yrs | ₹103.94m | 1.74% ₹368.9m | |
| Independent Director | 6.08yrs | ₹1.20m | 0.0046% ₹964.7k | |
| Non-Executive & Non-Independent Director | 10.08yrs | no data | no data | |
| Non-Independent & Non-Executive Director | 22.75yrs | ₹1.20m | 0.027% ₹5.8m | |
| Additional Independent Director | 1.08yrs | no data | 0.0046% ₹964.7k | |
| Chairman of Cyient Inc | 0.50yr | no data | no data | |
| Additional Independent Director | 1.58yrs | ₹1.41m | 0.54% ₹114.0m | |
| Additional Independent Director | 1.08yrs | no data | no data | |
| Independent Director | 3.08yrs | ₹2.81m | no data |
4.6yrs
Average Tenure
61yo
Average Age
Experienced Board: 532175's board of directors are considered experienced (4.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 532175 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Cyient Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Cyient Limited
- Ticker: 532175
- Exchange: BSE
- Founded: 1991
- Industry: Systems Software
- Sector: Software
- Market Cap: ₹21.202b
- Shares outstanding: 109.97m
- Website: https://www.cyient.com
Number of Employees
Location
- Cyient Limited
- Plot No. 11
- Software Units Layout
- Hyderabad
- Andhra Pradesh
- 500081
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 532175 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Aug 1998 |
| CYIENT | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Aug 1998 |
| 632175 | BSE (Mumbai Stock Exchange) | INR5(FOREIGN PREMIUM) | IN | INR | Jun 2018 |
Biography
Cyient Limited provides geospatial, engineering design, information technology (IT) solutions, and data analytic services in North America, Europe, and the Asia Pacific. The company operates in three segments: Utilities, Geospatial and Communications; Manufacturing and Industrial Products; and Design Led Manufacturing. It offers engineering services, such as mechanical engineering, plant engineering, aftermarket, manufacturing engineering, embedded software and electronic, engineering application software development, electrical engineering, semiconductor design services, and intellectual property and allied services. The company also provides electronic and mechanical manufacturing services; analytics, big data consulting, and IoT and M2M services; and network and operation services comprising data management, IT, network engineering and operation, utility system, IT service management, and SD wide area network services. In addition, it offers geospatial services, including acquisition, remote sensing, photogrammetry, navigational data mapping, navigational database generation, and location-based services. Further, the company provides digitization of drawings and maps, computer aided design/engineering, design and modelling, repair development engineering, reverse engineering application software development, software products development, consulting, analytics, and implementation services. It serves aerospace and defense, communications, rail transportation, medical technology and healthcare, utilities, navigation, heavy equipment and industrial, power generation, oil and gas, semiconductor, infrastructure, and mining industries. The company was formerly known as Infotech Enterprises Limited and changed its name to Cyient Limited in May 2014. Cyient Limited was founded in 1991 and is headquartered in Hyderabad, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/05/28 12:55 |
| End of Day Share Price | 2020/05/28 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.