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Cyient Share Price in Focus; Completes Acquisition of 100% Stake in US-Based Tao Digital Solutions

Written by: Team Angel OneUpdated on: 7 Sept 2026, 5:46 pm IST
Cyient completes acquisition of a 100% stake in US-based Tao Digital Solutions after announcing the transaction on 30 May 2026.
Cyient Share Price in Focus
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Cyient Ltd has completed the acquisition of a 100% stake in Tao Digital Solutions Inc., a company incorporated in the US. The acquisition was completed on a fully diluted basis, according to the company’s exchange filing dated September 4, 2026.  

The company had announced the acquisition on 30 May 2026. The latest filing confirms that the transaction has now been completed.  

Cyient Ltd Q1FY27 Revenue 

The acquisition update comes as Cyient DET reports its financial performance for the first quarter of FY27. Revenue stood at ₹1,540 crore, up 2.7% quarter-on-quarter (QoQ) and 10.6% year-on-year (YoY). 

On a constant currency (CC) basis, revenue declined 0.5% QoQ and 0.9% YoY. The reported revenue growth was therefore higher than the movement recorded on a constant currency basis. 

EBIT and PAT 

Cyient DET reported an EBIT of ₹203 crore in Q1FY27, with an EBIT margin of 13.2%. 

Profit after tax (PAT) stood at ₹141 crore, 2.1% higher than the previous quarter, but 13.5% lower than the corresponding quarter of the previous year. 

Free Cash Flow 

Free cash flow (FCF) was ₹114 crore during Q1FY27. FCF to normalised PAT conversion stood at 80.5%. 

The quarterly results therefore included growth in reported revenue and sequential PAT, while constant currency revenue declined on both a quarterly and yearly basis. PAT was also lower compared with the year-ago quarter. 

About Tao Digital Solutions 

Tao Digital Solutions is incorporated in the United States. Following completion of the transaction, Cyient holds 100% of the company on a fully diluted basis.  

Read MoreWhy IFCI Share Price Is Rising Ahead of NSE IPO? Does It Have Stake in NSE! 

Cyient Ltd Share Price Performance  

As of 7 September 2026, 11:50 am, Cyient share price was trading at ₹1,084.00, down 1.62%, from the previous closing price. 

Conclusion 

Cyient has completed the acquisition of the full stake in Tao Digital Solutions following its May announcement. Cyient DET reported ₹1,540 crore revenue and ₹141 crore PAT in Q1FY27. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Sep 7, 2026, 12:16 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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