Cyient Launches Cyient Semiconductors to Scale ASIC Turnkey Solutions

IT solutions provider Cyient Ltd announced on April 8, 2025, the launch of its wholly owned subsidiary, Cyient Semiconductors, formalising its entry into the semiconductor domain.

Cyient Semiconductors will focus on scaling Application-Specific Integrated Circuit (ASIC) turnkey solutions, leveraging Cyient’s 25-year legacy in semiconductor design for industrial, automotive, medical, and data centre applications.

Global Footprint and Vision

Cyient Semiconductors has built high-performance teams across India, the US, Germany, Belgium, the Netherlands, and Taiwan. This global presence is aimed at addressing the growing demand for high-performance semiconductor solutions across industries.

Krishna Bodanapu, Executive Vice Chairman and Managing Director, Cyient, told CNBC TV18, “Our vision is to align Cyient’s semiconductor capabilities with the national agenda set by the Ministry of Electronics and Information Technology, aiming to build a robust semiconductor ecosystem in India.”

He added, “With the growing demand for high-performance semiconductor solutions, Cyient Semiconductors will play a crucial role in providing end-to-end ASIC turnkey and IC design services, supporting India’s journey toward self-reliance in the semiconductor ecosystem.”

DET Segment Q3 FY25 Performance

In the third quarter, Cyient reported revenue of ₹1,480 crore from its Digital, Engineering, and Technology (DET) segment, marking a 2.1% quarter-on-quarter increase but a 0.8% year-on-year decline.

DET EBIT stood at ₹200 crore with a margin of 13.5%. Profit after tax for the segment was ₹124 crore, reflecting a 28.3% year-on-year decline.

Order intake for Q3 FY25 reached an all-time high of $312.3 million, representing nearly 100% QoQ growth and a 5% increase YoY. The company secured 13 large deals in the DET segment, contributing a contract value of $234.5 million.

Cyient Share Price Performance

As of the end of the trading session on April 8, 2025, Cyient’s shares closed at ₹1,159.00 on the NSE, up 3.37%. The Deliverable/Traded Quantity for the day stood at 33.06%. The company’s current market capitalisation is ₹12,869.41 crore.

Conclusion

Cyient’s entry into the semiconductor space through Cyient Semiconductors marks a strategic expansion into a critical sector aligned with India’s broader vision of electronics self-reliance. With a strong global footprint and experience in ASIC design, the company is positioned to play a significant role in India’s growing semiconductor ecosystem.

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