CYIENT
Cyient Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
CYIENT
FY26 → FY28 · 2 years of guidance · ~1.7 years from today₹848 today
BEAR
₹745
-12%-8% a yr
0% a year · 19.3x exit
BASE
₹785
-7%-4% a yr
0.1% a year · 20.4x exit
BULL
₹908
+7%+4% a yr
0.1% a year · 23.5x exit
Where the market has priced it
7x22x today33x
- the guided figure reached earnings through a low-confidence bridge
- FY27 one quarter filed — the pace is shown, not judged: guided +0.3%, filed +21.3% across 1 quarter(s)
- this company's own median multiple sits 41% below its filed-industry peers; the scenario uses its own
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹38.51 (screener) |
|---|---|
| Guided growth | 0.1% a year, said on the call of 30-Jul-2026 · transcript |
| Read across as | operating: unlabelled growth figure, read as revenue — low confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 19.33x / 20.35x / 23.52x, this company’s own p20 / median / p80 across 10 filed years |
| Filed-industry peers | median 34.45x across 20 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)2 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from NSE earnings-call filings · extracted, not interpreted
generic growth 0.3%
Network and infrastructure rebounded to grow 0.3% quarter-over-quarter constant currency and 2.5% year-over-year constant currency which is what we anticipated post our Q4 setback and what we had highlighted to be a quarter specific problem
Call 30-Jul-2026 · bridge confidence low · transcript PDF
Pace against its own guidance
FY27
one quarter filed — the pace is shown, not judged
guided 0.3%
filed 21.3%
1 of 4 quarters