Cyient Q4 Review - Strong Show Continues: Prabhudas Lilladher 
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Cyient Q4 Review - Strong Show Continues: Prabhudas Lilladher 

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Prabhudas Lilladher Report

Cyient Ltd. reported strong beat in revenue growth (up 6% quarter-on-quarter U.S. dollar) led by strong demand momentum in design-led manufacturing (up 16.4% QoQ U.S. dollar) and broad-based recovery in services (up 3.7% QoQ U.S. dollar).

They also reported robust Q4 FY21 order book of $238 million, up 22.4% QoQ and sustained strong large deal wins with total contract value potential of $91 million.

As guided by the management, we believe that the company will report strong double-digit growth in revenue in FY22 led by ramp up of deals won in FY21 and broad-based deal pipeline.

Click on the attachment to read the full report:

Prabhudas Lilladher Cyient Q4FY21 Result Review.pdf

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