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 ₹ 3,405 Cr.
- Current Price ₹ 2,315
- High / Low ₹ 2,699 / 1,140
- Stock P/E
- Book Value ₹ 276
- Dividend Yield 0.26 %
- ROCE 12.2 %
- ROE -3.91 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 8.40 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -7.23%
- The company has delivered a poor sales growth of 5.52% over past five years.
- Company has a low return on equity of -1.78% over last 3 years.
* 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
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 425 | 488 | 404 | 692 | 778 | 930 | 883 | 817 | 780 | 923 | 1,091 | 1,155 | |
| 341 | 387 | 354 | 636 | 754 | 848 | 786 | 729 | 710 | 847 | 1,005 | 1,059 | |
| Operating Profit | 84 | 101 | 51 | 56 | 23 | 82 | 97 | 88 | 70 | 76 | 86 | 97 |
| OPM % | 20% | 21% | 13% | 8% | 3% | 9% | 11% | 11% | 9% | 8% | 8% | 8% |
| 1 | 7 | 8 | 32 | 13 | 7 | 5 | 6 | -52 | 7 | 2 | -6 | |
| Interest | 8 | 5 | 7 | 18 | 22 | 35 | 37 | 30 | 26 | 27 | 35 | 33 |
| Depreciation | 16 | 17 | 17 | 23 | 28 | 28 | 41 | 45 | 43 | 44 | 45 | 44 |
| Profit before tax | 62 | 87 | 36 | 46 | -14 | 27 | 23 | 19 | -52 | 12 | 8 | 14 |
| 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 | |
| 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 | -1.31 |
| Dividend Payout % | 6% | 9% | 14% | 19% | -7% | 23% | 16% | 30% | -11% | 53% | 434% | -457% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 6% |
| 3 Years: | 14% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -58% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 56% |
| 3 Years: | 74% |
| 1 Year: | 38% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 1% |
| 3 Years: | -2% |
| Last Year: | -4% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 15 |
| Reserves | 118 | 156 | 179 | 197 | 177 | 206 | 192 | 210 | 191 | 198 | 190 | 391 |
| 53 | 89 | 81 | 279 | 390 | 357 | 372 | 374 | 320 | 308 | 226 | 187 | |
| 112 | 169 | 188 | 377 | 493 | 515 | 497 | 381 | 396 | 551 | 634 | 647 | |
| Total Liabilities | 295 | 427 | 461 | 865 | 1,073 | 1,091 | 1,074 | 978 | 920 | 1,070 | 1,063 | 1,239 |
| 75 | 72 | 72 | 250 | 239 | 205 | 256 | 253 | 239 | 220 | 238 | 225 | |
| CWIP | 0 | 0 | 21 | 11 | 27 | 14 | 11 | 19 | 12 | 28 | 10 | 8 |
| Investments | 0 | 0 | 1 | 45 | 14 | 12 | 40 | 49 | 7 | 10 | 8 | 0 |
| 220 | 354 | 366 | 559 | 793 | 860 | 766 | 658 | 661 | 812 | 806 | 1,007 | |
| Total Assets | 295 | 427 | 461 | 865 | 1,073 | 1,091 | 1,074 | 978 | 920 | 1,070 | 1,063 | 1,239 |
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 | 214 | -29 | |
| -28 | -18 | -36 | -70 | -31 | -22 | -11 | 13 | -15 | -10 | -44 | -59 | |
| -27 | 22 | -25 | 97 | 66 | -33 | -102 | -66 | -81 | -88 | -145 | 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 | 165 | 135 |
| Cash Conversion Cycle | 131 | 203 | 202 | 171 | 203 | 195 | 162 | 187 | 251 | 175 | 132 | 175 |
| Working Capital Days | 88 | 113 | 110 | 93 | 142 | 101 | 71 | 95 | 72 | 65 | 41 | 50 |
| ROCE % | 35% | 36% | 14% | 15% | 1% | 10% | 12% | 8% | 6% | 8% | 10% | 12% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Jun
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
2 Jun - Postal ballot for re-appointment of MD, continuation post 70 years, new independent director, and joint MD designation.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
30 May - Centum Q4 FY25: 24% Q-o-Q revenue growth, Rs.1736 Cr order book, CFO retirement, positive FY26 outlook.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
27 May - Audio recording of 26 May 2025 analyst call uploaded on company website.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 24 May
Annual reports
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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
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Financial Year 2011
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Concalls
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May 2025Transcript PPT
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Mar 2025Transcript PPT
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Feb 2025TranscriptNotesPPT
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Dec 2024TranscriptNotesPPT
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Dec 2024Transcript PPT
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Jun 2024Transcript PPT REC
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Mar 2024Transcript PPT
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Dec 2023TranscriptNotesPPT
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Nov 2023Transcript PPT
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Jun 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Dec 2021TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Feb 2021TranscriptNotesPPT
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Dec 2020TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Sep 2020TranscriptNotesPPT
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Sep 2020TranscriptNotesPPT
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.