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