Centum Electronics Ltd
Founded in 1993, Centum Electronics Limited is one of the largest Electronics System Design and Manufacturing (ESDM) companies in India. It offers entire spectrum of design services and manufacturing of systems, subsystems for mission critical products in Defence, Space, Aerospace, Industrial, Transportation and Medical sectors.[1]
- Market Cap ₹ 3,298 Cr.
- Current Price ₹ 2,236
- High / Low ₹ 3,046 / 1,140
- Stock P/E 48.3
- Book Value ₹ 392
- Dividend Yield 0.27 %
- ROCE 16.6 %
- ROE 12.0 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 21.5%
Cons
- Stock is trading at 5.71 times its book value
- Promoter holding has decreased over last quarter: -4.53%
- Company has a low return on equity of 10.7% over last 3 years.
- Company has high debtors of 153 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 292 | 316 | 332 | 387 | 355 | 499 | 482 | 425 | 348 | 501 | 633 | 750 | 835 | |
| 247 | 274 | 289 | 337 | 355 | 429 | 411 | 362 | 305 | 447 | 554 | 648 | 716 | |
| Operating Profit | 45 | 42 | 43 | 50 | 0 | 70 | 71 | 62 | 43 | 54 | 79 | 102 | 119 |
| OPM % | 15% | 13% | 13% | 13% | 0% | 14% | 15% | 15% | 12% | 11% | 12% | 14% | 14% |
| 6 | 11 | 12 | 7 | 8 | 37 | 4 | 4 | 4 | 5 | 7 | 7 | 10 | |
| Interest | 6 | 3 | 5 | 8 | 15 | 27 | 28 | 17 | 15 | 16 | 18 | 19 | 20 |
| Depreciation | 7 | 7 | 6 | 8 | 12 | 12 | 13 | 16 | 16 | 16 | 18 | 19 | 18 |
| Profit before tax | 39 | 43 | 43 | 41 | -19 | 68 | 35 | 33 | 15 | 26 | 49 | 71 | 93 |
| Tax % | 21% | 25% | 25% | 25% | 14% | 14% | 28% | 28% | 23% | 26% | 26% | 26% | |
| 30 | 32 | 32 | 31 | -22 | 58 | 25 | 24 | 12 | 19 | 36 | 53 | 68 | |
| EPS in Rs | 24.54 | 25.50 | 25.60 | 24.20 | -16.95 | 45.03 | 19.43 | 18.61 | 9.13 | 15.06 | 28.13 | 35.90 | 47.27 |
| Dividend Payout % | 10% | 12% | 12% | 21% | -6% | 11% | 13% | 22% | 27% | 27% | 21% | 17% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 9% |
| 3 Years: | 29% |
| TTM: | 30% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 16% |
| 3 Years: | 60% |
| TTM: | 103% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 38% |
| 3 Years: | 46% |
| 1 Year: | 6% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 10% |
| 3 Years: | 11% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 15 | 15 |
| Reserves | 92 | 119 | 148 | 174 | 147 | 204 | 223 | 242 | 252 | 270 | 300 | 549 | 562 |
| 32 | 59 | 70 | 150 | 208 | 205 | 188 | 143 | 99 | 107 | 118 | 96 | 125 | |
| 64 | 114 | 143 | 145 | 192 | 237 | 212 | 137 | 182 | 315 | 393 | 455 | 587 | |
| Total Liabilities | 200 | 305 | 374 | 483 | 561 | 660 | 636 | 534 | 546 | 705 | 823 | 1,115 | 1,288 |
| 36 | 32 | 40 | 113 | 109 | 103 | 123 | 120 | 114 | 109 | 113 | 110 | 130 | |
| CWIP | 0 | 0 | 21 | 0 | 1 | 10 | 1 | 2 | 0 | 5 | 0 | 8 | 1 |
| Investments | 3 | 3 | 4 | 52 | 49 | 49 | 49 | 64 | 63 | 76 | 108 | 154 | 154 |
| 161 | 270 | 309 | 317 | 402 | 498 | 463 | 348 | 369 | 514 | 601 | 844 | 1,004 | |
| Total Assets | 200 | 305 | 374 | 483 | 561 | 660 | 636 | 534 | 546 | 705 | 823 | 1,115 | 1,288 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 26 | -3 | 41 | 6 | -24 | 32 | 66 | 94 | 68 | 21 | 84 | -20 | |
| -14 | -1 | -30 | -97 | -13 | -6 | -4 | -20 | -6 | -13 | -66 | -102 | |
| -8 | 23 | 2 | 60 | 36 | -30 | -60 | -69 | -58 | -9 | -7 | 156 | |
| Net Cash Flow | 4 | 20 | 14 | -31 | -0 | -3 | 1 | 5 | 4 | -1 | 11 | 35 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 91 | 104 | 98 | 84 | 97 | 136 | 129 | 86 | 94 | 153 | 127 | 153 |
| Inventory Days | 102 | 195 | 229 | 243 | 361 | 262 | 287 | 252 | 357 | 268 | 260 | 241 |
| Days Payable | 66 | 81 | 121 | 108 | 166 | 124 | 148 | 86 | 130 | 176 | 135 | 122 |
| Cash Conversion Cycle | 128 | 219 | 206 | 219 | 292 | 275 | 268 | 252 | 320 | 244 | 252 | 272 |
| Working Capital Days | 49 | 56 | 26 | 14 | -10 | 19 | 29 | 31 | 47 | 48 | 59 | 76 |
| ROCE % | 36% | 28% | 23% | 18% | -1% | 16% | 15% | 12% | 8% | 11% | 16% | 17% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8h
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Intimation Of Cessation Of Independent Director, Mr. Thiruvengadam Parthasarathi (00016375) Pursuant To Completion Of Tenure
26 Dec - Mr. Thiruvengadam Parthasarathi ceases as independent director effective close of business 27 December 2025, end of second term.
- Closure of Trading Window 26 Dec
-
Announcement under Regulation 30 (LODR)-Change in Directorate
19 Dec - Appointment of Apurva Chandra as Non-Executive Independent Director effective 19-Dec-2025 for five-year term, subject to shareholder approval.
-
Intimation Of Reconstitution Of Various Committees Of The Board Under Regulation 30 Of SEBI (LODR) Regulations, 2015
19 Dec - Audit, Risk Management and CSR committees reconstituted effective 28 Dec 2025; new chairs and members named.
Annual reports
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Business Segments
a) Engineering R&D (ER&D) Services (22% of Q2FY25 revenue):[1]
The division specializes in designing and certifying electronic hardware, embedded software, and RF products, leveraging over 650 global design engineers for mission-critical applications.