Cyient is a global engineering and technology solutions company that plays a multifaceted role in the space industry. Cyient provides geospatial services and solutions, including LiDAR and remote sensing, and partners with organizations like SPRINT for space data and technology projects. They offer design, build, and maintenance services for aerospace systems and components, contributing to digital operations, autonomous product design, and sustainable solutions for clients like Deutsche Aircraft. Cyient DLM, a subsidiary, focuses on design-led manufacturing solutions, including electronics for aerospace and defense, and has certifications like AS9100 and NADCAP.
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The new members of OMF include ESRI, Cyient, InfraMappa, Nomoko, Precisely, PTV Group, SafeGraph, Sanborn, and Sparkgeo.
Cyient will provide New Product Introduction manufacturing of initial builds for the Honeywell Anthem and is ramping low-rate production orders to support demand in 2022.
Dr. BVR Mohan Reddy founded Cyient, formerly Infotech Enterprises, in 1991 to provide engineering services to global markets.
Dr. BVR Mohan Reddy established the "Engineered in India" brand and led Cyient to contribute more than USD 5 billion in cumulative exports to international customers including many Fortune 100 companies.
Cyient will assist in selling, implementing, and supporting the AS9145 PPAP solution during the platform’s global rollout.
Cyient received the 2020 Supplier Performance Award from Thales.
Cyient received the 2020 Supplier Performance Award for achieving on-conformity delivery performance excellence.
Cyient reported consolidated revenue of $135,000,000 (INR 1,003.3 crore) for 2021-04-01 ended 2020-09-30.
Cyient’s Transportation business unit grew 21.3% quarter-over-quarter and 2020-12-10.2% year-over-year in 2021-04-01.
Cyient’s services revenue for 2021-04-01 was $114,100,000 (INR 848.7 crore).
Cyient reported a gross profit of INR 3,584 million and EBITDA of INR 1,589 million for 2021-04-01.
Cyient generated free cash flow of $27,300,000 in 2021-04-01.
Cyient reported EBIT of INR 1,105 million and PBT of INR 1,091 million for 2021-04-01.
Cyient’s Energy & Utilities business unit grew 0.1% quarter-over-quarter and 2020-12-31.4% year-over-year in 2021-04-01.
Cyient’s Medical and Healthcare business unit grew 49.4% quarter-over-quarter and 68.4% year-over-year in 2021-04-01.
Cyient’s Aerospace & Defense business unit witnessed de-growth of 10.4% quarter-over-quarter and 34.8% year-over-year in 2021-04-01.
Cyient generated free cash flow of INR 2,032 million in 2021-04-01 and reported DSO of 90 days, lower by 10 days quarter-over-quarter.
Cyient’s Portfolio business unit grew 5.4% quarter-over-quarter and 2020-12-22.3% year-over-year in 2021-04-01.
Cyient reported other income of INR 93 million for 2021-04-01 and a PAT percentage of 8.4% for the quarter.
Cyient’s Communications business unit grew 7.9% quarter-over-quarter and 5.8% year-over-year in 2021-04-01 and became the company’s largest vertical.