Cyient - Focus On Execution Returning: ICICI Securities
Investing in five pillars (potential high growth industries) to benefit from the ongoing mega trends identified by the company,
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ICICI Securities Report
We attended Cyient Ltd.’s Analyst Meet in Hyderabad, which provided greater visibility on the company’s efforts to achieve steady profitable growth.
Cyient acknowledged the gaps in its portfolio and operations and has put robust strategy in place to fill those gaps. Key focus areas of the renewed strategy include –
investing in five pillars (potential high growth industries) to benefit from the ongoing mega trends identified by the company,
revamped sales team and optimised sales incentive structure,
large deal wins – Mr. Karthikeyan Natarajan (Chief Operating Officer) has brought in rigour in large deals. Cyient has a pipeline of $1 billion across 12 emerging themes and
synergising operations with focus on improving operating metrics like utilisation, employee pyramid, offshoring etc.
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