Centum Electronics Limited – Investor Presentation Summary

Key Operational Highlights

  • Revenue: ₹2,048 Mn, +11% YoY growth
  • EBITDA: ₹231 Mn with margin of 11.3%
  • PAT: ₹135 Mn with margin of 6.6%
  • Order book: ₹17,972 Mn, +31% YoY growth
  • Key drivers: Robust demand, steady execution, successful ramp-up and deliveries in key customers

Segment-wise Performance

BTS Business (Build To Specification):

  • Order book +40% YoY
  • Continuing to secure orders for complex payload electronics for ISRO program
  • Lower revenue contribution in current quarter, expected to accelerate in following quarters
  • New win: complex test systems for Aerospace & Defence applications

EMS Business (Electronics Manufacturing Services):

  • Revenue growth of 20% YoY
  • Order book +23% YoY driven by strong momentum and global semiconductor ramp-up
  • New wins from existing customers in Electrification
  • Healthy pipeline of new customers in Industrial segment
  • New win: Design Led Manufacturing opportunity for an Industrial application

Financial Highlights

Standalone Performance (Q1-FY27):

  • Revenue: ₹2,048 Mn
  • EBITDA: ₹231 Mn
  • PAT: ₹135 Mn
  • EPS: ₹9.17
  • Margins: EBITDA Margin 11.28%, PAT Margin 6.59%
  • YoY comparison: Revenue +10.7%, EBITDA (10.5)%, PAT (12.9)%
  • QoQ comparison: Revenue (40.5)%, EBITDA (49.2)%, PAT (58.7)%
  • Drivers: Higher operational revenue offset by increased total expenses and finance costs

Consolidated Performance (Q1-FY27):

  • Revenue: ₹2,041 Mn
  • EBITDA: ₹236 Mn
  • PAT: ₹1,055 Mn (includes ₹943 Mn profit from discontinued operations)
  • PAT from continuing operations: ₹112 Mn
  • EPS from continuing operations: ₹7.61

Key Risks

  • Not explicitly disclosed in the presentation

Geographical Revenue Split

  • Not specified in the presentation

Balance Sheet Snapshot

Standalone (FY26):

  • Net Assets: ₹11,059 Mn total assets
  • Equity: ₹4,315 Mn
  • Reserves: Included in Other Equity of ₹4,168 Mn
  • Current Assets: ₹9,258 Mn
  • Current Liabilities: ₹6,675 Mn
  • Working Capital: Positive working capital position

Capex & Cash Flow Health

  • Not specified in the presentation

Strategic & R&D Initiatives

Future Growth Focus Areas:

  • Multi-function Radar and Radar subsystems
  • Satellite Constellations for ISR applications
  • Avionics, Radar, and EW system for fighter aircraft and helicopters
  • T-90 Tank electronics
  • Payloads and electronics for communication and ISR for Drones
  • New Technology areas – Semiconductor Equipment, Security Systems
  • Energy & Industrial – Smart Energy, Automation
  • Automotive – EV / Battery Management Systems
  • Medical Devices – Point of Care diagnostics
  • AI-led solutions for Manufacturing, Industry 4.0

Strategic Collaborations:

  • Partnerships with global OEMs in Aerospace & Defence
  • Partnerships with premier academic institutions (IITs, NITs, IISc)
  • Collaborating with a dynamic network of startups

Industry Trends & Business Environment

  • Positioned in segments where partner selection is driven by reliability, qualification pedigree and platform trust
  • At the forefront of developing and localizing critical technologies addressing domestic capability gaps
  • Focus on Make in India – increasing presence in the domestic market
  • Moving up the value chain by delivering complete systems for Defence and Strategic sectors

Management Commentary & Growth Outlook

Strategic Outlook:

  • Well positioned for profitable growth supported by richer business mix
  • Exit from loss-making subsidiaries completed
  • Industry tailwinds supporting growth
  • Dual growth engines across ESDM value chain: BTS (18–20%+ margins) and EMS (stable cash flows)

Key Recognition:

  • Received Strategic Partner Award from a leading global Industrial/Energy conglomerate for Grid Automation Solutions

Subsidiary Update

Centum T&S Group S.A. Deconsolidation:

  • French subsidiaries entered Redressement Judiciaire (RJ) proceedings in Q4 FY26
  • Management provided for goodwill, intangibles and inventory related to these entities in FY26
  • Business classified as discontinued operations in FY26
  • On 4 June 2026, French court approved transfer of substantially all operating businesses and employees to successful bidders
  • Loss of control effective 4 June 2026, deconsolidated per Ind-AS 110
  • Profit on deconsolidation: ₹943 Mn
  • Court converted process into Liquidation Judiciaire on 2 July 2026

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: ₹55,798.31 Mn
  • Total outstanding shares: 14.74 Mn