Investor Presentation

15 October 2026 BSE Limited National Stock Exchange of India Ltd PJ Towers, 25th Floor, Exchange Plaza, Dalal Street, Bandra-Kurla Complex, Bandra (E), Mumbai 400001. Mumbai-400 051. Scrip Code: 543933 Scrip Code: CYIENTDLM Sub: Investor Presentation for the quarter ended 30 September 2026 Please find enclosed d investor Presentation issued by the company on the financial results for the quarter ended 30 September 2026. This information will also be hosted on the Company’s website, at http://www.cyientdlm.com This is for your information and records. For Cyient DLM Limited S Krithika Company Secretary and Compliance Officer Cyient DLM Limited Mysore Office Registered Office Plot no.347, D1 &2, KIADB Plot No.5G, Survey No.99/1 www.cyientdlm.com Electronics City, Hebbal Industrial Mamidipalli Village, Company.Secretary@cyientdlm.com Area, Mysore 570 016, GMR Aerospace & Industrial Park, T: +91 8214282222/4004500 Karnataka, India Rajiv Gandhi International Airport F: +91 8214000369 Shamshabad, Hyderabad – 500 108 CIN: L31909TG1993PLC141346 INVESTOR PRESENTATION Q2 FY27 © CYIENT DLM 2026 | Confidential CONFIDENTIALITY STATEMENT The information shared herein is strictly confidential, proprietary and unique to the company. It is only made and shared for the purpose and extent it is intended for and no other. Usage or sharing of the said information in any form, directly or indirectly and in any manner whatsoever, might constitute a violation of laws or regulations in vogue in geographies in which the company operates, besides breaching confidentiality. The users shall meet any liability emanating from such violation and shall indemnify company for any loss, damage, expense, penalty, fine, fee, charges incurred by company on account of any such violation. 2 | © CYIENT DLM 2026 | Confidential TODAY’S PRESENTERS Krishna Bodanapu Rajendra Velagapudi Subramanian RM Chairman MD & Chief Executive Officer Chief Financial Officer 3 | © CYIENT DLM 2026 | Confidential Business Finance Updates Overview 4 | © CYIENT DLM 2026 | Confidential GLOBAL EMS MARKET: A ~$1 Trillion Opportunity in the Making EMS spend compounds from ~$650 Bn toward ~$1 Tn; AI infrastructure, semicap and robotics are the fastest-growing pools $649 Bn $853 Bn ~$1.1 Tn $230 Bn Global EMS market, 2025 Base case 2030 · 5.6% CAGR Upside case 2030 · 9.8% CAGR High-reliability EMS by 2030 (DLM est.) THREE STRUCTURAL TAILWINDS EXPANDING CYIENT DLM’S ADDRESSABLE MARKET Semiconductor Capital AI & Data Center Infrastructure Robotics & Automation Equipment $6.7 Tn $165.9 Bn $111 Bn Cumulative global data-center capex needed by 2030 Record 2026 equipment sales, +23.2% YoY (SEMI) Global robotics market by 2030, ~14% CAGR from ~$50 Bn (McKinsey) in 2025 (ABI Research) • Capacity demand to rise ~2.7x, from 82 GW (2025) to • Five straight years of growth to a record $229.5 Bn by • Humanoid robots are the fastest-growing segment at 219 GW (2030); AI ~70% of total 2028 ~40–47% CAGR to 2030 • ~$3.1 Tn of AI capex flows to chips and computing • Driven by AI logic, HBM memory and advanced • Labor shortages and Industry 4.0 sustain multi-year hardware — the core electronics value pool packaging investment automation investment • DLM view: ~$58 Bn addressable EMS opportunity • India: ISM incentives seed domestic equipment and • Rising sensor, motion-control and power content lifts subsystem manufacturing EMS value per system Sources: MarketsandMarkets EMS report (Apr 2026); Stratistics MRC (upside case); McKinsey, “The cost of compute” (Apr 2025); SEMI Mid-Year Total Equipment Forecast (Jul 2026); ABI Research; BCC Research / TBRC (humanoids). High-reliability EMS and data-center EMS figures are Cyient DLM estimates. 5 | © CYIENT DLM 2026 | Confidential STRATEGIC PIVOT: Path from ~9–11% to ~13–18% Margins STRENGTHEN EXPAND TRANSFORM TODAY FY27-29 FY30+ Foundation we bank on Same stack, new sectors B2S platform moat 4 INDUSTRIES · FOUNDATION 7 INDUSTRIES · +3 NEW 7 INDUSTRIES · + NEW PLATFORMS Aerospace & Defense Medical Aerospace & Defense Medical Aerospace & Defense Medical Industrial/Semicon Automotive / EV Industrial Automotive / EV Industrial Automotive / EV Semicon Cap Robotics AI Data Center Robotics Equipment Semicon Cap AI Data Center Equipment Expanded Electronic Product Capabilities Margins ~9–11% · proven core stack Margins ~11–13% · same stack, new sectors Margins ~13–18% · B2S platform moat 6 | © CYIENT DLM 2026 | Confidential 6 Q2 HIGHLIGHTS: RECORD ORDER BOOK, PROFITABLE GROWTH Revenue growth Record order book 26.5% YoY, delivering continued revenue growth, strong growth Order book at an all-time high, Q2 book-to-bill at 1.6x. in Aerospace and Industrial, continued traction in Defence and Medtech . Shifting Product Mix New logo wins Box Build +86% YoY drives the shift to higher-value integration. Three new logos added across core and new growth areas. Stronger global footprint Building the next growth engines Altek Electronics integration completed and renamed Cyient Expanding into AI/data-center infrastructure, robotics and DLM Electronics Inc., extending reach to customers across semiconductor capital equipment, while strengthening Build to geographies. Specification (B2S) or Electronics Products . 7 | © CYIENT DLM 2026 | Confidential 7 Business Finance Updates Overview 8 | © CYIENT DLM 2026 | Confidential BUSINESS OVERVIEW FINANCE UPDATES DASHBOARD – Q2 FY27 REVENUE EBITDA Normalized PAT Reported PAT ₹ 3,931 Mn ₹ 342 Mn ₹ 158 Mn ₹ 340 Mn 26.5% YoY 9.5% YoY 25.8% YoY 5.8% YoY Normalized PAT Reported PAT Order Book EBITDA Margin Margin Margin ₹ 28,137 Mn 8.7% 4.0% 8.7% 2,148 Mn QoQ -135 bps YoY -2 bps YoY -170 bps YoY Comments: • Strong performance driven by healthy order book and revenue growth. • Order book reached all-time high. • Normalized PAT grew 25.8% YoY to ₹158 Mn, keeping pace with revenue. • Normalized to Reported PAT bridge is due to one-off Earnout reversal of INR 182M 9 | © CYIENT DLM 2026 | Confidential BUSINESS OVERVIEW FINANCE UPDATES KEY KPI’s TREND 1 Revenue (INR Mn) EBITDA (INR Mn) Normalized Comments: One-off’s • Q2 FY27 revenue continued its 3931 431 3691 3738 positive growth trend, reflecting 3106 3033 342 2784 312 309 strong business momentum • EBITDA margin reflects continued 275 investment into sales, strategy and strengthening capabilities. Q1'26 Q2'26 Q3'26 Q4'26 Q1'27 Q2'27 Q1'26 Q2'26 Q3'26 Q4'26 Q1'27 Q2'27 • PAT: Excluding one off income of 182M, PAT will be INR 158M for the quarter, achieved 25.8% YoY EBITDA % Normalized PAT (INR Mn) Normalized One-off’s 11.7% 321 10.0% 10.2% 10.5% 9.0% 8.7% 196 126 158 Q1'26 Q2'26 Q3'26 Q4'26 Q1'27 Q2'27 Q1'26 Q2'26 Q3'26 Q4'26 Q1'27 Q2'27 10 | © CYIENT DLM 2026 | Confidential BUSINESS OVERVIEW FINANCE UPDATES KEY KPI’s TREND 2 All numbers are in Days and order book in ₹Mn Order Book (INR Mn) DIO (Days) DPO (Days) 195 71 73 28,137 185 68 25,989 172 64 63 22,911 23,494 24,166 153 162 162 21,318 Q1'26 Q2'26 Q3'26 Q4'26 Q1'27 Q2'27 Q1'26 Q2'26 Q3'26 Q4'26 Q1'27 Q2'27 Q1'26 Q2'26 Q3'26 Q4'26 Q1'27 Q2'27 DSO (Days) Customer Advance (Days) NWC (Days) 160 161 76 145 74 72 74 73 21 139 Q1'26 Q2'26 Q3'26 Q4'26 Q1'27 Q2'27 Q1'26 Q2'26 Q3'26 Q4'26 Q1'27 Q2'27 Q1'26 Q2'26 Q3'26 Q4'26 Q1'27 Q2'27 * Operation free cash flow for Q2 FY27: INR 172Mn 11 | © CYIENT DLM 2026 | Confidential BUSINESS OVERVIEW FINANCE UPDATES Q2 FY27 REVENUE SHARE INDUSTRY PRODUCT CATEGORY MIX 1% 7% Aerospace PCBA Defence 47% Box Build INDIA Industrial 48% Cables ROW Med Tech 31% Mech & Others Auto & Others 37% 7% 93% • Aerospace and Industrial segments • PCBA business share continues to • Rest of the World (ROW) share of leading the share and delivered remain high and delivered 19% YoY business continues to be higher 62% and 29% YoY growth growth from increased demand in respectively. Aerospace, Medical & Industrial • Box Build is the 2nd highest share in customers outside of India • Defense segment YoY growth at product category with YoY growth of 13% 86% • In [Showing first 8,000 characters — download PDF for full document]