Centum Electronics Limited – Investor Presentation Summary
Key Operational Highlights
- Operational Revenue for Q1-FY27 stood at ₹2,048 million.
- The company serves domestic and global OEMs across Defence, Aerospace, Industrial, Transportation, and Medical sectors.
- Key drivers include strong design engineering, end-to-end product realization, and MIL/Space-grade manufacturing capabilities.
Segment-wise Performance
- Business is split across two verticals: Electronics Manufacturing Services (EMS) and Build-To-Specification (BTS).
- Q1-FY27 Revenue across business verticals was presented but a specific segment-wise financial breakdown was not provided in the data.
Financial Highlights
Standalone Performance (Q1-FY27):
- Revenue: ₹2,048 million
- EBITDA: ₹231 million
- PAT: ₹135 million
- EPS: ₹9.17
- EBITDA Margins: 11.28%
- PAT Margins: 6.59%
YoY Standalone Comparison:
- FY24 Revenue: ₹6,328 million, EBITDA: ₹787 million, PAT: ₹363 million, EBITDA Margin: 12.44%, PAT Margin: 5.74%
- FY25 Revenue: ₹7,761 million, EBITDA: ₹941 million, PAT: ₹456 million, EBITDA Margin: 12.12%, PAT Margin: 5.88%
- FY26 Revenue: ₹9,731 million, EBITDA: ₹1,209 million, PAT: (₹1,171) million, EBITDA Margin: 12.42%, PAT Margin: (12.04)%
- The PAT loss in FY26 was due to an exceptional item of (₹2,033) million.
Consolidated Performance (Q1-FY27):
- Operational Revenue: ₹2,041 million
- EBITDA: ₹236 million
- PAT: ₹1,055 million
- EBITDA Margins: 11.56%
- PAT Margins: 51.69%
- The high PAT includes a profit after tax from discontinued operations of ₹943 million.
Geographical Revenue Split
Not Specified
Balance Sheet Snapshot (Standalone, as of FY26)
- Total Assets: ₹11,059 million
- Non-Current Assets: ₹1,801 million
- Current Assets: ₹9,258 million (including Inventories: ₹4,568 million; Trade Receivables: ₹3,073 million; Cash and Cash Equivalents: ₹378 million; Bank balances other than above: ₹822 million)
- Equity: ₹4,315 million
- Non-Current Liabilities: ₹69 million
- Current Liabilities: ₹6,675 million (including Borrowings: ₹1,198 million; Trade Payables: ₹2,549 million)
Capex & Cash Flow Health
Not Specified
Strategic & R&D Initiatives
- Focus on developing and localizing critical technologies for Defence and Strategic sectors.
- Moving up the value chain to deliver complete systems for multi-function radar, satellite subsystems, electronic warfare payloads, missile control, and avionics.
- Strategic collaborations with global OEMs in Aerospace & Defence, premier academic institutions (IITs, NITs, IISc), and a network of startups.
- For the EMS business, focus is on Make in India, China+1, and new technology areas like Semiconductor Equipment, Security Systems, Smart Energy, and EV/Battery Management Systems.
Industry Trends & Business Environment
Key Growth Drivers for EMS:
- China+1 diversification by global OEMs.
- Government incentives (PLI, EMC 2.0, ISM 2.0).
- Semiconductor expansion in India.
- High-value vertical expansion (Industrial, medical, aerospace, EV electronics growing at 32%+ CAGR).
- Value-chain upgrade from assembly to design-led (ODM) manufacturing.
Key Growth Drivers for BTS:
- Rising defence budgets & indigenisation mandates.
- Global OEMs seeking Indian defence partners.
- Modernisation across radar, EW & missile platforms.
- Space sector expansion (ISRO and private space activity).
- High entry barriers due to stringent qualification requirements.
Management Commentary & Growth Outlook
- The company is "Well positioned for profitable growth, supported by a richer business mix, exit from loss-making subsidiaries and industry tailwinds."
- The presentation emphasizes the company's role as a "Trusted Partner for Defence & Strategic Electronics and High Reliability Electronics Manufacturing."
Capital Market Data (As on 30th June, 2026)
- CMP: ₹3,785.25
- 52 Week H/L: ₹3,910.00/₹2,051.55
- Avg. Vol. ('000): 65.89
- Avg. turnover (Mn): 180.45
- Market Capitalization (INR Mn): ₹55,798.31
- Total outstanding shares (Mn): 14.74