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Cyient DLM

Cyient DLM

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

Quarterly Results ( Figures in Rs. Crores.)

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Profit & Loss ( Figures in Rs. Crores.)

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Major Shareholders

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Shareholders more than 1%

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Fund houses invested in the stock (Figures in % Equity Capital )

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Overview

The company was originally incorporated as ‘Rangsons Electronics Private Limited’ at Mysuru, Karnataka as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated June 30, 1993 issued by the Registrar of Companies, Karnataka at Bengaluru. The name of the company was changed to ‘Cyient DLM Private Limited’ pursuant to a special resolution passed by its Shareholders on December 22, 2016 and a fresh certificate of incorporation pursuant to a change of name dated January 18, 2017 was issued by the Registrar of Companies, Karnataka at Bengaluru. Subsequently, pursuant to a change in its registered office by way of a resolution passed by its Shareholders on August 1, 2019, a certificate of registration of regional director order in relation to the change of State was issued by the RoC on July 3, 2020. The company was converted from a private limited company to a public limited company pursuant to a special resolution passed by its Shareholders on November 25, 2022, and the name of the company was changed to ‘Cyient DLM Limited’. A fresh certificate of incorporation dated December 13, 2022 consequent upon change of name on conversion to a public limited company was issued by the RoC.

Cyient DLM has been a trusted electronics and mechanical manufacturing partner and systems supplier to some of the largest players across multiple industries. As an integrated manufacturing partner that provides Design Led Manufacturing (DLM) solutions to customers, it takes ownership of design, manufacturing, testing, and certification support to ensure that customers' products meet robust standards in reliability, safety, and performance. It has expertise in safety-critical electronics in highly regulated industries. Its engineers have significant design and manufacturing expertise that helps its customers build complex products and achieve faster time-to-market.

It is an integrated Electronic Manufacturing Services (EMS) and solutions provider with a focus on the entire life cycle of a product, including design, build and maintain. its solutions primarily comprise manufacture of: (i) printed circuit board (PCB) assembly (PCBA), (ii) cable harnesses, and (iii) box builds which are used in safety critical systems such as cockpits, inflight systems, landing systems, and medical diagnostic equipment, which it provides to its clients as Build-to-print (B2P) or Build-to-specification (B2S) services. It was incorporated on June 30, 1993 and have many years of experience in developing high mix, low-to-medium volume highly complex systems. 

Business area of the company

The company is engaged in providing total electronic manufacturing solutions in the fields of medical, industrial, automotive, telecommunication, defense and aerospace applications and machining of components for aerospace, automotive and defense industries.

Products and Services of the company 

  • PCB assembly 
  • Cable harnesses 
  • Box builds
  • Build-to-print (B2P)
  • Build-to-specification (B2S) 

Awards, accreditations or recognitions

  • 2000: Awarded the ‘Supplier Performance Award’ by GE Medical Systems, South Asia.
  • 2005: Awarded the ‘Best Supplier - Printed Circuit Assembly for 2004-05’ by Larsen and Toubro Limited.
  • 2007: Awarded the ‘Best Supplier Award - Printed Circuit Assembly for the year 2006-07’ by Larsen and Toubro Limited.
  • 2011: Awarded for ‘Excellence in Quality, Cost & Delivery for the year 2010’ by Bosch Limited.
  • 2012: Awarded for ‘High Growth in Electronic Hardware Exports - Tier II & III Region in 2011-12’ by Software Technology Parks of India.
  • 2013: Awarded for ‘Excellence in Quality, Cost & Delivery for the year 2012’ by Bosch Limited.
  • 2013: Awarded the ‘Award for ABB Sustainability’ by ABB Inc.
  • 2014: Awarded the ‘Bosch Supplier Award’ for the India region by Bosch Limited.
  • 2014: Awarded the ‘Supplier Award’ by ABB Inc.
  • 2014: Awarded the ‘Best Electronics Manufacturing Services Company Award’ by India Electronics and Semiconductor Association (IESA).
  • 2014: Awarded for ‘Best Performance in Highest Growth in Electronic Hardware Exports - Tier II & III Region in 2013-14’ by Software Technology Parks of India.
  • 2015: Awarded the ‘Performance Award’ by ABB Inc.
  • 2014: Awarded for ‘Best Performance in High Growth in Electronic Hardware Exports - Tier II & III Regions in 2014-15’ by Software Technology Parks of India.
  • 2017: Awarded the ‘Lakshya 2020’ award by Bosch Limited.
  • 2019: Awarded the ‘Platinum (First) Prize in Manufacturing Sector (Medium Category)’ by Federation of Indian Chambers of Commerce and Industry (FICCI).
  • 2020: Awarded for ‘On Conformity Delivery performance’ by the Thales Group.
  • 2020: Awarded for being the ‘Highest Exporter in Electronic Hardware – Tier II & III Region in 2019-20’ by Software Technology Parks of India.
  • 2021:  Awarded the ‘Partnership Recognition for 2020-21’ certificate by Bharat Electronics Limited.
  • 2022: Received accreditation from NADCAP for ‘Electronics - Cable and Harness Assemblies’.
  • 2022: Received accreditation from NADCAP for ‘Electronics Printed Board Assemblies’.

History and milestone

  • 1993: Incorporation of the company.
  • 2015: Acquisition of 1,011,580 Equity Shares amounting to 74.00% of the equity share capital of the company by Cyient Limited.
  • 2016: Change in the name of the company from ‘Rangsons Electronics Private Limited’ to ‘Cyient DLM Private Limited’.
  • 2018: Merger of Techno Tools Precision Engineering Private Limited, an erstwhile wholly owned subsidiary, into of the company.
  • 2019: Acquisition of remaining 355,420 Equity Shares amounting to 26.00% of the equity share capital of the company by Cyient Limited.
  • 2020: Established a manufacturing facility in Hyderabad.
  • 2022: Entered into a New Product Introduction Contract with Honeywell Inc. for the supply of next generation cockpit avionics modules.


Brands Of Cyient DLM

Brands Of Cyient DLM

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