Cyan Limited (CYAN) financial ratios

Cyan Limited earned a net margin of 198.4% in FY2024 against a five-year average of -245.2% (Inv. Banks / Inv. Cos. / Securities Cos. median 35.1%). Return on equity was 31.8%, compared with a sector median of 18.1%. The current ratio stood at 9.19× and debt was — of equity. Cash took about 3 days to cycle through receivables, inventory and payables.

FY2024 vs the Inv. Banks / Inv. Cos. / Securities Cos. median

Net margin: 198.4%; Sector median 35.1%
Return on equity (ROE): 31.8%; Sector median 18.1%
Return on assets (ROA): 28.8%; Sector median 7.8%
Dividend payout ratio: 44.2%; Sector median 0.0%

Median of the 34 companies in the sector with the figure for their latest fiscal year.

CYAN financial ratios (annual) (Rs mn)
Rs mn	FY2024 Jan – Dec 2024	FY2023 Jan – Dec 2023	FY2022 Jan – Dec 2022	FY2021 * Jan – Dec 2021	FY2020 Jan – Dec 2020	FY2019 Jan – Dec 2019	FY2018 Jan – Dec 2018	FY2017 Jan – Dec 2017	FY2016 Jan – Dec 2016	FY2015 Jan – Dec 2015	FY2014 Jan – Dec 2014	FY2013 * Jan – Dec 2013	FY2012 Jan – Dec 2012	FY2011 Jan – Dec 2011	FY2010 * Jan – Dec 2010	FY2009 * Jan – Dec 2009	FY2008 * Jan – Dec 2008	FY2007 Jan – Dec 2007	FY2006 Jan – Dec 2006	FY2005 Jan – Dec 2005
Profitability
Pre-tax margin	239.7%	159.5%	(1,768.4%)	32.6%	91.7%	40.0%	(64.8%)	(227.9%)	159.5%	102.5%	119.9%	175.4%	97.1%	(33.2%)	60.3%	—	83.4%	99.3%	90.2%	74.1%
Net margin	198.4%	145.4%	(1,669.9%)	30.6%	69.8%	41.3%	(67.0%)	(228.8%)	154.5%	69.2%	104.9%	170.2%	92.3%	(38.4%)	64.3%	—	72.7%	98.7%	92.6%	66.9%
Effective tax rate	17.3%	8.9%	—	6.2%	23.9%	(3.2%)	—	—	3.1%	32.4%	12.5%	3.0%	5.0%	—	(6.6%)	—	12.9%	0.6%	(2.7%)	9.8%
Returns
Return on equity (ROE)	31.8%	23.4%	(28.2%)	9.4%	15.6%	5.0%	(10.6%)	(19.8%)	25.0%	9.4%	18.2%	24.1%	37.5%	(5.2%)	3.3%	(22.9%)	2.8%	98.6%	67.8%	30.1%
Return on assets (ROA)	28.8%	20.2%	(20.4%)	7.1%	12.9%	4.1%	(9.1%)	(17.3%)	21.3%	8.5%	17.3%	23.2%	36.5%	(5.1%)	3.1%	(21.9%)	2.7%	93.3%	50.9%	18.8%
Leverage
Debt to equity	—	0.0%	20.8%	37.3%	9.6%	10.0%	11.5%	0.0%	5.8%	—	—	—	—	—	0.9%	0.0%	—	—	—	57.1%
Debt to capital	—	0.0%	17.2%	27.2%	8.7%	9.1%	10.4%	0.0%	5.5%	—	—	—	—	—	0.9%	0.0%	—	—	—	36.3%
Debt to assets	—	0.0%	16.2%	25.7%	7.8%	8.4%	9.4%	0.0%	5.0%	—	—	—	—	—	0.8%	0.0%	—	—	—	31.7%
Assets to equity	1.11×	1.16×	1.38×	1.32×	1.21×	1.21×	1.17×	1.14×	1.18×	1.11×	1.05×	1.04×	1.03×	1.03×	1.05×	1.04×	1.04×	1.06×	1.33×	1.60×
Dividends
Dividend payout ratio	44.2%	0.0%	—	332.9%	16.4%	0.0%	—	—	74.2%	743.7%	440.3%	49.8%	15.0%	—	35.6%	—	30.3%	2.5%	9.3%	25.3%
Earnings retention rate	0.56×	1.00×	—	(2.33×)	0.84×	1.00×	—	—	0.26×	(6.44×)	(3.40×)	0.50×	0.85×	—	0.64×	—	0.70×	0.97×	0.91×	0.75×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

CYAN: frequently asked questions

What is CYAN's EPS?

Cyan Limited reported basic earnings per share of Rs 9.06 for FY2024 (Jan – Dec 2024).

Does CYAN pay dividends?

Yes. Cyan Limited declared a dividend of Rs 5.00 per share for FY2024.

What was CYAN's revenue and profit in FY2024?

Cyan Limited reported revenue of Rs 281.2 mn and profit attributable to shareholders of Rs 557.7 mn for FY2024 (Jan – Dec 2024).

What is CYAN's book value per share?

Cyan Limited's book value per share was Rs 31.98 at the end of FY2024.

Information only, not investment advice.