Cyient Declares Rs 16 Dividend: What Investors Need to Know
Cyient Ltd. has announced an interim dividend of Rs 16 per equity share for the fiscal 2025, marking the company’s first dividend payout this fiscal. The company will distribute nearly Rs 177 crore to shareholders, with the board fixing October 24 as the record date for the purpose of dividend payment.
Record Date and Dividend Payment
The record date is crucial for investors, as it determines which shareholders are eligible to receive the dividend. The company will pay the interim dividend by November 12. This move is expected to boost investor sentiment, especially considering the company’s stock market trends in recent times.
Financial Performance
Cyient’s consolidated net profit fell 17% year-on-year to Rs 127.50 crore in the three months ended September 2025. Despite this, the company’s revenue during the second quarter rose 4% to Rs 1,781 crore in the July-September period, as against Rs 1,711.80 crore over the last quarter. Operating income, or earnings before interest and taxes, fell 10% year-on-year to Rs 146.60 crore, with the margin expanding to 8.2% versus 9.5%.
Stock Market Reaction
The quarterly earnings were shared after market hours, and the stock settled 3.82% higher at Rs 1,168 apiece on the NSE, compared to a 1.03% advance in the benchmark Nifty 50. However, the company’s shares have fallen 36.01% in the last 12 months and 35.74% year-to-date.
Analyst Ratings and Price Target
Out of 24 analysts tracking the company, seven maintain a ‘buy’ rating, ten recommend a ‘hold,’ and seven suggest ‘sell,’ according to Bloomberg data. The average 12-month consensus price target implies an upside of 6.5%. This suggests that analysts are cautiously optimistic about the company’s prospects, despite the current market volatility.
Investor Takeaway
The dividend announcement is a positive move for investors, especially those looking for regular income from their investments. However, it’s essential to consider the company’s overall financial performance and the current market trends before making any investment decisions. Investors can visit our website for more information on stock market analysis and investing strategies.
