The Next 30:#43 Cyient (Infotech Enterprise)

In FY2014, the company's business momentum picked up considerably and particularly in H2 of the fiscal saw good escalation leading to positive growth. The company says that the backlog and order pipeline are very healthy. The company is very confident that this momentum will continue during the current FY15. With a good performance over FY14 only puts stress on the company to outperform it in FY15. With this in mind, the company is focusing on the key operating levers such as utilization, sales efficiency, and management overhead to improve operating margins in the current financial year.

Considerable amount of effort and money has been invested in branding, reorganization, and sales compensation restructuring. All three initiatives are expected to translate into accelerated growth and better efficiency. The impact of these will be seen in the second half of the FY15.

The aerospace business unit had a good fourth quarter with USD growth of 5.8% QoQ led by North America delivering more than 6% growth. The utilities business continued to grow with strong performance in both from IT/assets and OT projects, while for the full year, its telecom business showed robust growth. The company recently acquired Softential, a US-based firm that specializes in solutions for telecommunications and cable operators. The company also won some awards-it received the "Boeing Performance Excellence Award (BPEA)"-4th year in a row. And it also won the ‘Highly Commended Transport Supplier of the Year 2014' as part of London Transport Awards.