Centum Electronics Q2 Revenue Surges 52% YoY

Operational Revenue: ₹3,121 Mn, increased 51.9% YoY (from ₹2,055 Mn in Q2 FY26) and 52.4% QoQ (from ₹2,048 Mn in Q1 FY27)
EBITDA: ₹396 Mn, increased 63.0% YoY (from ₹243 Mn) and 71.4% QoQ (from ₹231 Mn)
EBITDA Margin: 12.69%, improved by 87 bps YoY (from 11.82%) and 141 bps QoQ (from 11.28%)
Profit Before Tax (PBT): ₹307 Mn, increased 75.4% YoY (from ₹175 Mn) and 67.8% QoQ (from ₹183 Mn)
PBT Margin: 9.8%, improved by 140 bps YoY and 230 bps QoQ
Profit After Tax (PAT): ₹228 Mn, increased 76.7% YoY (from ₹129 Mn) and 68.9% QoQ (from ₹135 Mn)
PAT Margin: 7.31%, improved by 103 bps YoY (from 6.28%) and 72 bps QoQ (from 6.59%)
Diluted EPS: ₹15.45, increased 76.8% YoY (from ₹8.74) and 68.5% QoQ (from ₹9.17)
Other Income: ₹23 Mn, decreased 14.8% YoY (from ₹27 Mn)
Depreciation: ₹57 Mn, increased 14.0% YoY (from ₹50 Mn) and 3.6% QoQ (from ₹55 Mn)
Finance Cost: ₹55 Mn, increased 22.2% YoY (from ₹45 Mn) and 25.0% QoQ (from ₹44 Mn)

Operational Revenue: ₹3,121 Mn, increased 58.7% YoY (from ₹1,967 Mn) and 52.9% QoQ (from ₹2,041 Mn)
EBITDA: ₹397 Mn, increased 49.8% YoY (from ₹265 Mn) and 68.2% QoQ (from ₹236 Mn)
EBITDA Margin: 12.72%, decreased by 75 bps YoY (from 13.47%) but improved 116 bps QoQ (from 11.56%)
PAT from Continuing Operations: ₹229 Mn, increased 51.7% YoY (from ₹151 Mn)
Total PAT: ₹229 Mn (compared to ₹41 Mn in Q2 FY26 which included ₹110 Mn loss from discontinued operations)
Diluted EPS from Continuing Operations: ₹15.53, increased 52.6% YoY (from ₹10.18)

Operational Revenue: ₹5,162 Mn, increased 37.5% YoY (from ₹3,753 Mn)
EBITDA: ₹632 Mn, increased 15.8% YoY (from ₹546 Mn)
EBITDA Margin: 12.24%, decreased by 231 bps YoY (from 14.55%)
PAT from Continuing Operations: ₹341 Mn, increased 4.0% YoY (from ₹328 Mn)
PAT from Discontinued Operations: ₹943 Mn profit (compared to ₹242 Mn loss in H1 FY26)
Total PAT: ₹1,284 Mn (compared to ₹86 Mn in H1 FY26)
PAT Margin: 24.87% (compared to 2.29% in H1 FY26)
Diluted EPS from Continuing Operations: ₹23.14, increased 4.0% YoY (from ₹22.25)

Order Book as of September 2026: ₹19.5 Bn, increased 38% YoY
BTS (Build to Specification) segment revenue grew 84% YoY in Q2 and 39% YoY in H1
EMS/DLM segment revenue grew 41% YoY in Q2 and 32% YoY in H1
BTS order book increased 68% YoY
EMS order book increased 30% YoY

Secured export order to design, develop and supply advanced electronics systems worth ₹305 Mn
Follow-on order secured on Advanced naval navigation system worth approximately ₹515 Mn
Key design milestones achieved on the indigenous AESA Radar (UH-M) program
Key program win with existing semiconductor customer, displacing the incumbent
3 new marquee customer wins across Defence, Transportation and Industrial segments
DLM-win from existing customer

Net Working Capital: 136 days, improved by 6 days
Receivables: DSO improved by 9 days to 106 days, driven by collection drive in September
Inventory increased driven by business growth and supply chain constraints, with ~50% of net inventory covered by customer prepayments
Debt: Increased by ₹115 Mn to ₹1,335 Mn due to higher working capital requirements
Cash: ₹1,270 Mn including ~₹490 Mn of restricted cash
QIP balance: ~₹530 Mn as of September 2026

GSLV-F17 / GISAT-1A (EOS-05) mission success with 200+ Centum subsystems and modules onboard, contribution recognized by ISRO leadership
CII National Energy Management Award 2026: Second consecutive year of recognition for excellence in energy management

FY26 Standalone PAT was (₹1,171) Mn due to exceptional items of (₹2,033) Mn
FY26 Consolidated PAT was (₹518) Mn due to discontinued operations loss of (₹1,525) Mn
H1-FY27 represents a significant recovery from FY26 performance