Cyient Limited

BSE:532175 Stock Report

Market Cap: ₹98.6b

Cyient Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Sukamal Banerjee

Chief executive officer

₹57.1m

Total compensation

CEO salary percentage9.66%
CEO tenure1.3yrs
CEO ownershipn/a
Management average tenure1.3yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

Narrative Update May 03

532175: Future Returns Will Balance Buyback Upside With Margin And Execution Risks

Analysts have revised their price target for Cyient to ₹830 from ₹718.67, citing updated assumptions on discount rate, revenue, profit margin and a higher future P/E multiple. What's in the News The Board of Directors authorized a share buyback plan on April 23, 2026, proposing the repurchase of up to 6,400,000 shares for ₹7,200m at ₹1,125 per share, subject to shareholder approval via postal ballot (company announcement).
Narrative Update Apr 19

532175: Future Buyback Decision Will Support Confidence In Long Term Prospects

Analysts have adjusted their price target on Cyient to ₹1,097 from ₹1,291, reflecting updates to assumptions around revenue growth, profit margins, discount rate, and future P/E multiples. What's in the News The board will consider a share repurchase program, with a proposal for the buyback of equity shares on the agenda for the upcoming meeting, subject to regulatory approvals (company announcement).
Narrative Update Apr 04

532175: Future Returns Will Likely Struggle With Lower Margin And AI Data Execution Risk

Analysts have trimmed their price target on Cyient from ₹930 to about ₹719, reflecting updated assumptions around slightly lower profit margins, a different future P/E of roughly 13.9, modestly adjusted revenue growth expectations and a small change in the discount rate. What's in the News Cyient announced a partnership with Prospecta that combines Cyient's engineering and asset lifecycle expertise with Prospecta's cloud-native master data and governance platform to create AI ready master data at scale and address data fragmentation across operations and decision making (Key Developments).
Narrative Update Mar 21

532175: Data Partnership And Leadership Shift Will Support Stronger Long Term Outlook

Analysts have trimmed their fair value estimate for Cyient from ₹1,601.59 to ₹1,558.62 as they factor in a slightly higher discount rate, a modestly higher revenue growth assumption of 13.28%, an improved profit margin outlook of 11.04% and a lower future P/E of 22.95x. What's in the News Cyient announced a partnership with Prospecta to combine Cyient's engineering and asset lifecycle expertise with Prospecta's cloud-native master data management and data governance platform, targeting unified, AI-ready master data for large industrial operations (Key Developments).
Narrative Update Mar 07

532175: Future Returns Will Likely Reflect Governance Changes And Expansion Plans

Analysts have trimmed their price target on Cyient from ₹1,000 to ₹930, citing updated assumptions that include a slightly higher discount rate, a modestly different revenue growth outlook, a small change in projected profit margins, and a revised future P/E expectation. What's in the News Board meeting scheduled on Mar 3, 2026 to consider appointing Shrinivas Kulkarni as Chief Financial Officer from Apr 1, 2026, with current CFO Prabhakar Atla proposed to move to Chief Operating Officer on the same date (Board Meeting).
Narrative Update Feb 21

532175: Semiconductor Acquisition Plans Will Support Stronger Long Term Outlook

Analysts have nudged their fair value estimate for Cyient up from ₹1,579.67 to ₹1,601.59, citing updated assumptions for revenue growth, profit margins, a slightly lower discount rate, and a modestly adjusted future P/E multiple. What's in the News A board meeting is scheduled on Dec 17, 2025, to consider entering a definitive agreement for Cyient, through its wholly owned subsidiary Cyient Semiconductors Singapore Pte.
Narrative Update Feb 06

532175: Future Returns Will Likely Lag As Acquisition And Governance Plans Progress

Analysts have maintained their price target for Cyient at ₹1,000.00. The unchanged level reflects a mix of updated assumptions on revenue growth, profit margin and future P/E that they see as offsetting each other at this stage.
Narrative Update Jan 23

532175: Future Returns Will Likely Lag Despite Expansion And Governance Updates

Analysts have kept their price target for Cyient unchanged at ₹1,000, pointing to slightly adjusted assumptions around discount rate, revenue growth, profit margin and future P/E. These changes are intended to reflect a more refined view of the company’s risk profile and earnings power.
Narrative Update Jan 09

532175: Higher Discount Rate Will Pressure Future Returns Despite New Initiatives

Analysts have trimmed their fair value estimate for Cyient from ₹1,050 to ₹1,000, citing updated assumptions around slightly higher discount rates, a modestly different revenue growth outlook, and a small adjustment to expected profit margins and future P/E levels. What's in the News A board meeting is scheduled on January 22, 2026 to consider and approve unaudited financial results for the quarter and nine months ended December 31, 2025 (company filing).
Narrative Update Dec 15

532175: AI Skilling Expansion Will Support Stronger Long Term Outlook

Narrative Update on Cyient Analysts have modestly trimmed their price target on Cyient from ₹1,601 to about ₹1,580. This reflects a slightly higher growth outlook, offset by marginally lower margin and fair value assumptions, while future valuation multiples remain broadly unchanged.
Narrative Update Sep 05

Digital Transformation And Semiconductor Focus Will Unlock New Opportunities

Despite no changes in either the discount rate (16.01%) or future P/E (22.46x), Cyient’s consensus analyst price target remained unchanged at ₹1291. What's in the News Cyient Semiconductors has entered a strategic channel partner agreement with GlobalFoundries, becoming an authorized reseller of GF's semiconductor manufacturing services and technologies, expanding access to advanced semiconductor capabilities.

CEO Compensation Analysis

How has Sukamal Banerjee's remuneration changed compared to Cyient's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

₹4b

Dec 31 2025n/an/a

₹5b

Sep 30 2025n/an/a

₹6b

Jun 30 2025n/an/a

₹6b

Mar 31 2025₹57m₹6m

₹6b

Compensation vs Market: Sukamal's total compensation ($USD605.67K) is above average for companies of similar size in the Indian market ($USD397.08K).

Compensation vs Earnings: Insufficient data to compare Sukamal's compensation with company performance.


CEO

Sukamal Banerjee

1.3yrs
Tenure
₹57,058,390
Compensation

Mr. Sukamal Banerjee is Chief Executive Officer and Executive Director at Cyient Limited since February 19, 2025. Mr. Banerjee was Chief Executive Officer at Xoriant Corporation since March 2023 and served...


Leadership Team

NamePositionTenureCompensationOwnership
Sukamal Banerjee
CEO & Executive Director1.3yrs₹57.06mno data
Ganesh Venkat Bodanapu
MD & Executive Vice-Chairman12.1yrs₹199.33m1.74%
₹ 1.7b
Venkat Rama Mohan Bodanapu
Founder Chairman and Non-Executive & Non-Independent Director35.3yrs₹7.20m0.37%
₹ 360.3m
Prabhakar Atla
President & COOless than a yearno data0.011%
₹ 10.5m
P. N. S. Narasimham
President & Head of Corporate Functionsno datano datano data
Shrinivas Kulkarni
Chief Financial Officerless than a yearno datano data
K.A. Prabhakaran
Senior VP & CTO1.2yrsno datano data
Mayur Maniyar
Manager of Investor Relationsno datano datano data
Sudheendhra Putty
Chief Compliance Officer & Company Secretary18.8yrs₹3.29mno data
Navroze Palekar
VP & General Counselno datano datano data
Kavita Kurup
Chief People Officer & Senior VP1yrno datano data
John Renard
President of Europe10.1yrsno datano data
1.3yrs
Average Tenure
57yo
Average Age

Experienced Management: 532175's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Sukamal Banerjee
CEO & Executive Director1.3yrs₹57.06mno data
Ganesh Venkat Bodanapu
MD & Executive Vice-Chairman12.1yrs₹199.33m1.74%
₹ 1.7b
Venkat Rama Mohan Bodanapu
Founder Chairman and Non-Executive & Non-Independent Director34.8yrs₹7.20m0.37%
₹ 360.3m
Muthiah Murugappan
Non-Executive Chairman28.8yrs₹2.40m0.027%
₹ 26.8m
Peter Longo
Chairman of Cyient Inc6.5yrsno datano data
Vikas Sehgal
Independent Director7.6yrs₹4.99m0.76%
₹ 753.5m
Debjani Ghosh
Non-Executive Independent Director1.3yrs₹600.00kno data
Nitin Prasad
Independent Director2.7yrs₹2.40mno data
Prathivadibhayankara Ramesh
Independent Directorless than a yearno datano data
Sunil Bhumralkar
Independent Director1.3yrsno datano data
Madan Pillutla
Independent Directorless than a yearno datano data
2.7yrs
Average Tenure
66yo
Average Age

Experienced Board: 532175's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 01:50
End of Day Share Price 2026/05/07 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cyient Limited is covered by 41 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ashwin MehtaAmbit Capital
Moez ChandaniAmbit Capital
Nitin BhasinAmbit Capital