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Cyient DLM Q4 Results | Net profit, margins dip; order book strongRevenue dipped 13.8% year-on-year to ₹369 crore from ₹428 crore. EBITDA slid 25% at ₹42.9 crore from ₹57.2 crore a year ago. The EBITDA margin came in at 11.6%, compared with 13.4% in Q4FY25. Shares of Cyient DLM Ltd ended at ₹360.20, up by ₹14.65, or 4.24%, on the BSE today, April 21.By Jomy Jos Pullokaran  April 21, 2026, 5:55:39 PM IST (Published)3 Min ReadElectronic manufacturing services (EMS) firm Cyient DLM Ltd on Tuesday, April 21, reported a net profit of ₹22.4 crore for the fourth quarter ended March 31, 2026, down 27.7% from ₹31 crore in the same period last year.Revenue dipped 13.8% year-on-year to ₹369 crore from ₹428 crore. EBITDA slid 25% at ₹42.9 crore from ₹57.2 crore a year ago. The EBITDA margin came in at 11.6%, compared with 13.4% in Q4FY25.Order bookThe company reported a closing order book of ₹2,416.6 crore, the highest in the last 10 quarters, with a book-to-bill ratio above one across all four quarters and QoQ order book growth of 15% driven by a sustained book-to-bill ratio of 1.2. It said both EBITDA and PAT were at their highest levels in the last four quarters. Operating free cash flow for FY26 stood at ₹28.1 crore.ALSO READ | Cyient DLM Q3 profit, margins widen, revenue falls; M&A cost, labour code effect dampen numbersThe defence segment recorded a 68% year-on-year decline in Q4 due to the completion of large aerospace and defence orders, while aerospace remained the dominant segment in the overall mix.In product categories, PCBA accounted for 48% of revenue, continuing its strong share across industry segments. Box build revenue rose 17% year-on-year, while the share of other segments increased due to higher B2S contribution.Geographically, the rest of the world contributed a higher share of business, driven by increased demand from aerospace, medical, and industrial customers outside India. India accounted for 8% of revenue, largely from defence and automotive segments.ALSO READ | Cyient DLM Q2 Results | Net profit more than doubles to ₹32 crore; revenue slips 20%Finance costs declined 34.4% due to lower interest rates and reduced working capital borrowings, while other income increased 54.8% on favourable foreign exchange movements in the fourth quarter.The company noted that FY26 revenue growth was impacted by the completion of a large order in FY25. Employee expenses and other costs were influenced by B2S operations and US business activities.FY26 included one-time items such as an earnout reversal of ₹19.57 crore in Q2, wage code impact of ₹1.64 crore, and M&A expenses of ₹1.77 crore in Q3. While finance costs declined, other income was lower following the closure of fixed deposits in the first half of FY26.ALSO READ | Cyient DLM Q1 Results | Net profit falls 29.6% despite revenue and margin growthThe board has approved the re-appointment of BVR Mohan Reddy as non-executive, non-independent director of the company after he attains the age of 75 years, subject to shareholder approval.Shares of Cyient DLM Ltd ended at ₹360.20, up by ₹14.65, or 4.24%, on the BSE today, April 21.Continue Reading(Edited by : Shoma Bhattacharjee)TagsCyient DLMshare market today