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 ₹ 4,404 Cr.
- Current Price ₹ 2,988
- High / Low ₹ 3,067 / 1,310
- Stock P/E 79.2
- Book Value ₹ 274
- Dividend Yield 0.20 %
- ROCE 12.0 %
- ROE -3.14 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 282%
Cons
- Stock is trading at 10.9 times its book value
- The company has delivered a poor sales growth of 5.52% over past five years.
- Company has a low return on equity of -0.39% over last 3 years.
- Promoter holding has decreased over last 3 years: -11.9%
* 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 Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 425 | 488 | 404 | 692 | 778 | 930 | 883 | 817 | 780 | 923 | 1,091 | 1,155 | 1,251 | |
| 341 | 387 | 354 | 636 | 754 | 848 | 786 | 729 | 710 | 847 | 1,005 | 1,059 | 1,135 | |
| Operating Profit | 84 | 101 | 51 | 56 | 23 | 82 | 97 | 88 | 70 | 76 | 86 | 97 | 116 |
| OPM % | 20% | 21% | 13% | 8% | 3% | 9% | 11% | 11% | 9% | 8% | 8% | 8% | 9% |
| 1 | 7 | 8 | 32 | 13 | 7 | 5 | 6 | -52 | 7 | 2 | -6 | -65 | |
| Interest | 8 | 5 | 7 | 18 | 22 | 35 | 37 | 30 | 26 | 27 | 35 | 33 | 32 |
| Depreciation | 16 | 17 | 17 | 23 | 28 | 28 | 41 | 45 | 43 | 44 | 45 | 44 | 39 |
| Profit before tax | 62 | 87 | 36 | 46 | -14 | 27 | 23 | 19 | -52 | 12 | 8 | 14 | -20 |
| Tax % | 28% | 31% | 28% | 19% | 7% | -1% | 31% | 38% | 2% | 45% | 135% | 114% | |
| 44 | 60 | 26 | 37 | -15 | 27 | 16 | 12 | -53 | 7 | -3 | -2 | -32 | |
| EPS in Rs | 27.90 | 34.49 | 20.74 | 26.93 | -14.74 | 21.91 | 15.47 | 13.32 | -23.70 | 7.62 | 1.38 | 1.67 | -21.33 |
| Dividend Payout % | 6% | 9% | 14% | 19% | -7% | 23% | 16% | 30% | -11% | 53% | 434% | 359% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 6% |
| 3 Years: | 14% |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 1182% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 50% |
| 3 Years: | 73% |
| 1 Year: | 101% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 2% |
| 3 Years: | 0% |
| Last Year: | -3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 118 | 156 | 179 | 197 | 177 | 206 | 192 | 210 | 191 | 198 | 190 | 391 | 390 |
| 53 | 89 | 81 | 279 | 390 | 357 | 372 | 374 | 320 | 308 | 242 | 187 | 211 | |
| 112 | 169 | 188 | 377 | 493 | 515 | 497 | 381 | 396 | 551 | 618 | 647 | 779 | |
| Total Liabilities | 295 | 427 | 461 | 865 | 1,073 | 1,091 | 1,074 | 978 | 920 | 1,070 | 1,063 | 1,239 | 1,394 |
| 75 | 72 | 72 | 250 | 239 | 205 | 256 | 253 | 239 | 220 | 238 | 217 | 240 | |
| CWIP | 0 | 0 | 21 | 11 | 27 | 14 | 11 | 19 | 12 | 28 | 10 | 15 | 1 |
| Investments | 0 | 0 | 1 | 45 | 14 | 12 | 40 | 49 | 7 | 10 | 8 | 0 | 0 |
| 220 | 354 | 366 | 559 | 793 | 860 | 766 | 658 | 661 | 812 | 806 | 1,007 | 1,153 | |
| Total Assets | 295 | 427 | 461 | 865 | 1,073 | 1,091 | 1,074 | 978 | 920 | 1,070 | 1,063 | 1,239 | 1,394 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 64 | 28 | 68 | -53 | -27 | 50 | 109 | 81 | 103 | 71 | 202 | -29 | |
| -28 | -18 | -36 | -70 | -31 | -22 | -11 | 13 | -15 | -10 | -44 | -58 | |
| -27 | 22 | -25 | 97 | 66 | -33 | -102 | -66 | -81 | -88 | -133 | 107 | |
| Net Cash Flow | 9 | 32 | 6 | -26 | 8 | -4 | -4 | 28 | 7 | -27 | 25 | 19 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 83 | 83 | 92 | 99 | 113 | 108 | 103 | 96 | 117 | 131 | 76 | 97 |
| Inventory Days | 107 | 185 | 223 | 216 | 295 | 225 | 242 | 205 | 272 | 230 | 220 | 213 |
| Days Payable | 60 | 64 | 114 | 144 | 205 | 138 | 183 | 115 | 138 | 185 | 154 | 135 |
| Cash Conversion Cycle | 131 | 203 | 202 | 171 | 203 | 195 | 162 | 187 | 251 | 175 | 142 | 175 |
| Working Capital Days | 43 | 46 | 36 | -7 | 17 | 12 | -17 | -5 | -23 | -20 | -6 | 7 |
| ROCE % | 35% | 36% | 14% | 15% | 1% | 10% | 12% | 8% | 6% | 8% | 10% | 12% |
Insights
In beta| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Consolidated Net Working Capital Days Days |
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| Consolidated Order Book INR Million |
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| Total Employees Count |
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| Build-to-Specification (BTS) Order Book INR Million |
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| Electronic Manufacturing Services (EMS) Order Book INR Million |
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| Number of Design Engineers Count |
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| Standalone Order Book INR Million ・Standalone data |
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| Patents Held Count |
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| Number of Suppliers Count |
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| R&D Expenditure (Percentage of Turnover) % ・Standalone data |
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Documents
Announcements
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Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
16 Mar - Postal ballot approved two independent directors and restructuring/divestment of Centum UK and T&S France, passed March 16, 2026.
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
16 Mar - Postal ballot approved March 16, 2026: two independent directors appointed; restructuring/divestment of UK and France subsidiaries approved.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 16 Mar
- Announcement under Regulation 30 (LODR)-Investor Presentation 7 Mar
- Announcement under Regulation 30 (LODR)-Investor Presentation 7 Mar
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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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
from nse
Concalls
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Mar 2026TranscriptAI SummaryPPT
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Mar 2026Transcript PPT REC
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Dec 2021TranscriptAI SummaryPPT
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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.