Cyient, formerly known as Infotech Enterprises Limited, is a global Engineering and Technology solutions company founded in 1991 with its base in Hyderabad, India. The company specializes in collaborating with its customers to design digital enterprises, develop intelligent products and platforms, and address sustainability challenges.
As a culturally inclusive, socially responsible, and environmentally sustainable organization, Cyient is committed to designing a better tomorrow in partnership with its stakeholders. As investors consider Cyient’s potential for future growth, we will delve into its share price targets for the years 2024 to 2030 and assess whether it presents a prudent long-term investment opportunity.
Stock history of Cyient
Cyient Limited, previously known as Infotech Enterprises, is an Indian global corporation offering engineering, manufacturing, geospatial, and digital technology solutions to various sectors worldwide. Founded in 1991 by B.V.R. Mohan Reddy in Hyderabad, India, the company initially focused on computer-aided design and drafting services. Today, Cyient operates in over 20 countries and boasts a workforce of over 15,000 individuals, solidifying its position as a significant global provider of engineering and technology solutions.
Since its IPO in 1997, Cyient has been listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). The company’s stock history reflects its financial performance and the prevailing market conditions, resulting in various ups and downs.
Despite the fluctuations, Cyient has demonstrated a consistent growth trajectory and adaptability to changing market dynamics, cementing its dominant position in the sector. This resilience and global presence bode well for the company’s potential for continued growth and expansion.
As for the price target, given the company’s track record of growth and global reach, it may attract investors who are seeking a long-term investment opportunity. However, it’s essential to consider market conditions and other relevant factors before making any investment decisions. Investors should conduct thorough research, consult with financial advisors, and carefully evaluate the company’s performance and prospects before setting a specific price target for Cyient’s stock in the years to come.
You can buy Cyient shares from the following trading platforms:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| March 2024 | 2,203.20 | 1,915.83 |
| April 2024 | 2,139.03 | 1,860.03 |
| May 2024 | 2,107.42 | 1,832.54 |
| June 2024 | 2,183.28 | 1,898.51 |
| July 2024 | 2,161.45 | 1,879.52 |
| August 2024 | 2,247.91 | 1,954.70 |
| September 2024 | 2,337.83 | 2,032.89 |
| October 2024 | 2,291.99 | 1,993.03 |
| November 2024 | 2,360.75 | 2,052.82 |
| December 2024 | 2,419.77 | 2,104.14 |
In 2024, Cyient’s share price is projected to fluctuate within a range of ₹1,915.83 to ₹2,419.77. The company’s market cap stands at ₹22,608 Cr., with a current price of ₹2,040 as of March 2nd, 2024. Its high/low for the year is ₹2,459/₹910. Cyient’s stock P/E is 31.6, with a book value of ₹364 and a dividend yield of 1.28%.
| When | Maximum Price | Minimum Price |
| January 2025 | 2,468.16 | 1,898.58 |
| February 2025 | 2,531.45 | 1,947.27 |
| March 2025 | 2,630.17 | 2,023.21 |
| April 2025 | 2,578.60 | 1,983.54 |
| May 2025 | 2,503.50 | 1,925.77 |
| June 2025 | 2,616.15 | 2,012.43 |
| July 2025 | 2,564.86 | 1,972.97 |
| August 2025 | 2,644.18 | 2,033.99 |
| September 2025 | 2,736.73 | 2,105.18 |
| October 2025 | 2,807.88 | 2,159.91 |
| November 2025 | 2,878.08 | 2,213.91 |
| December 2025 | 2,950.03 | 2,269.26 |
In 2025, Cyient’s share price is forecasted to range from ₹1,898.58 to ₹2,950.03.
| When | Maximum Price | Minimum Price |
| January 2026 | 3,038.53 | 2,337.33 |
| February 2026 | 3,116.44 | 2,397.26 |
| March 2026 | 3,237.99 | 2,490.76 |
| April 2026 | 3,174.50 | 2,441.92 |
| May 2026 | 3,082.03 | 2,370.80 |
| June 2026 | 3,220.73 | 2,477.48 |
| July 2026 | 3,157.57 | 2,428.90 |
| August 2026 | 3,255.23 | 2,504.02 |
| September 2026 | 3,369.16 | 2,591.67 |
| October 2026 | 3,456.76 | 2,659.05 |
| November 2026 | 3,543.18 | 2,725.52 |
| December 2026 | 3,631.76 | 2,793.66 |
In 2026, Cyient’s share price is anticipated to fluctuate between ₹2,337.33 and ₹3,631.76.
| When | Maximum Price | Minimum Price |
| January 2027 | 3,704.40 | 2,849.54 |
| February 2027 | 3,799.38 | 2,922.60 |
| March 2027 | 3,947.56 | 3,036.58 |
| April 2027 | 3,870.15 | 2,977.04 |
| May 2027 | 3,757.43 | 2,890.33 |
| June 2027 | 3,926.52 | 3,020.40 |
| July 2027 | 3,849.53 | 2,961.17 |
| August 2027 | 3,968.58 | 3,052.76 |
| September 2027 | 4,107.48 | 3,159.60 |
| October 2027 | 4,214.28 | 3,241.75 |
| November 2027 | 4,319.63 | 3,322.80 |
| December 2027 | 4,427.63 | 3,405.87 |
| When | Maximum Price | Minimum Price |
| January 2028 | 4,516.18 | 3,473.98 |
| February 2028 | 4,631.98 | 3,563.06 |
| March 2028 | 4,812.62 | 3,702.02 |
| April 2028 | 4,718.26 | 3,629.43 |
| May 2028 | 4,580.83 | 3,523.72 |
| June 2028 | 4,786.97 | 3,682.29 |
| July 2028 | 4,693.11 | 3,610.08 |
| August 2028 | 4,838.26 | 3,721.74 |
| September 2028 | 5,007.60 | 3,852.00 |
| October 2028 | 5,137.79 | 3,952.15 |
| November 2028 | 5,266.24 | 4,050.95 |
| December 2028 | 5,397.89 | 4,152.23 |
| When | Maximum Price | Minimum Price |
| January 2029 | 5,505.85 | 4,235.27 |
| February 2029 | 5,647.03 | 4,343.87 |
| March 2029 | 5,867.26 | 4,513.28 |
| April 2029 | 5,752.22 | 4,424.78 |
| May 2029 | 5,584.68 | 4,295.91 |
| June 2029 | 5,835.99 | 4,489.22 |
| July 2029 | 5,721.56 | 4,401.20 |
| August 2029 | 5,898.51 | 4,537.32 |
| September 2029 | 6,104.96 | 4,696.12 |
| October 2029 | 6,263.69 | 4,818.22 |
| November 2029 | 6,420.28 | 4,938.68 |
| December 2029 | 6,580.79 | 5,062.14 |
| When | Maximum Price | Minimum Price |
| January 2030 | 6,712.40 | 5,163.39 |
| February 2030 | 6,884.52 | 5,295.78 |
| March 2030 | 7,153.01 | 5,502.32 |
| April 2030 | 7,012.76 | 5,394.43 |
| May 2030 | 6,808.50 | 5,237.31 |
| June 2030 | 7,114.89 | 5,472.99 |
| July 2030 | 6,975.38 | 5,365.68 |
| August 2030 | 7,191.11 | 5,531.62 |
| September 2030 | 7,442.80 | 5,725.23 |
| October 2030 | 7,636.31 | 5,874.09 |
| November 2030 | 7,827.22 | 6,020.94 |
| December 2030 | 8,022.90 | 6,171.46 |
Financial Condition of Cyient: Last 5 years
| Narration | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| Sales | ₹4,618 Cr | ₹4,427 Cr | ₹4,132 Cr | ₹4,534 Cr | ₹6,016 Cr |
| Expenses | ₹3,985 Cr | ₹3,881 Cr | ₹3,557 Cr | ₹3,717 Cr | ₹5,013 Cr |
| Operating Profit | ₹633 Cr | ₹546 Cr | ₹575 Cr | ₹818 Cr | ₹1,003 Cr |
| OPM (%) | 14% | 12% | 14% | 18% | 17% |
| Other Income | ₹131 Cr | ₹158 Cr | ₹140 Cr | ₹112 Cr | ₹35 Cr |
| Interest | ₹33 Cr | ₹49 Cr | ₹43 Cr | ₹39 Cr | ₹100 Cr |
| Depreciation | ₹111 Cr | ₹188 Cr | ₹194 Cr | ₹192 Cr | ₹257 Cr |
| Profit Before Tax | ₹620 Cr | ₹468 Cr | ₹477 Cr | ₹698 Cr | ₹681 Cr |
| Tax (%) | 23% | 27% | 24% | 25% | 24% |
| Net Profit | ₹477 Cr | ₹341 Cr | ₹364 Cr | ₹522 Cr | ₹514 Cr |
| EPS (Rs) | ₹42.33 | ₹31.14 | ₹33.06 | ₹47.35 | ₹46.52 |
| Dividend Payout (%) | 35% | 48% | 51% | 51% | 56% |
Over the past five years, Cyient has showcased consistent growth in its financial performance. The company’s revenue from sales has demonstrated a positive upward trend, reaching ₹6,016 crores in March 2023, indicating a rising demand for its engineering and technology solutions across various sectors. Despite facing expenses, Cyient has effectively managed to maintain a healthy operating profit, with an Operating Profit Margin (OPM) ranging from 12% to 18%, reflecting the company’s adeptness in cost management.
Another notable aspect is the company’s Other Income, which witnessed some fluctuations but remained relatively stable, pointing to a diversified revenue stream. Cyient’s net profit has shown steady growth, reaching ₹514 crores in March 2023, showcasing the company’s proficiency in generating profits and sustaining growth.
Furthermore, the Earnings per Share (EPS) has consistently increased over the years, signifying that the company is successfully creating value for its shareholders. The Dividend Payout ratio, representing the percentage of earnings distributed to shareholders as dividends, has shown an upward trend, indicating Cyient’s commitment to rewarding its shareholders.
In summary, Cyient’s financial figures and ratios reveal a promising trajectory, indicating the company’s robust financial performance and potential for growth. The steady rise in sales, stable profitability, and improved EPS and Dividend Payout ratio demonstrate Cyient’s adaptability to market challenges, ability to seize growth opportunities, and dedication to enhancing value for its stakeholders. As a result, the company appears well-positioned for continued growth in the foreseeable future.
FAQS
It is anticipated that Cyient’s share price will increase to ₹2,419.77 by the end of 2024.
The share price target of Cyient for 2025 might be around ₹2,950.03.
The per-share price of Cyient might reach around ₹8,022.90 by the end of 2030.
Would Cyient be considered a large-cap company?
Cyient Ltd., established in 1991, operates in the IT Software sector and is categorized as a mid-cap company with a market capitalization of ₹22,608 Crore.
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Conclusion
Based on the analysis of Cyient’s financial figures and ratios over the past five years, the company has demonstrated steady and consistent growth in its revenue, profitability, and other key performance indicators. The increasing sales revenue, steady operating profit, and improving earnings per share (EPS) reflect Cyient’s ability to effectively manage its operations and adapt to changing market conditions.
Furthermore, the company’s commitment to rewarding shareholders is evident from the rising Dividend Payout ratio, indicating a positive outlook for investors seeking regular dividends.
Considering these factors, investing in Cyient appears to be a potentially profitable opportunity. The company’s strong financial performance, coupled with its growing presence in engineering and technology solutions across various sectors, suggests that Cyient has the potential for continued growth in the future.
However, it is essential to remember that all investments carry inherent risks, and past performance does not guarantee future results. Investors should conduct thorough research, consider their risk tolerance, and seek advice from financial experts before making any investment decisions.
In conclusion, based on the financial figures and overall performance, Cyient seems to be a promising investment option with a potential for profitable returns. However, investors should exercise prudence and conduct a comprehensive analysis to make informed investment decisions.
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