Centum Electronics Ltd
Centum Electronics is involved in the design and manufacture of advanced microelectronics modules, frequency control products, printed circuit board assembly and resistor networks catering to the Communications, Military, Aerospace, Transportation and Industrial electronics markets. [1]
- Market Cap ₹ 1,891 Cr.
- Current Price ₹ 1,468
- High / Low ₹ 1,970 / 497
- Stock P/E 145
- Book Value ₹ 158
- Dividend Yield 0.27 %
- ROCE 7.65 %
- ROE 3.23 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 24.0%
Cons
- Stock is trading at 9.27 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 3.48% over past five years.
- Company has a low return on equity of 4.10% over last 3 years.
- Company has high debtors of 151 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
Sector: Electronics Industry: Electronics - Components
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
257 | 283 | 425 | 488 | 404 | 692 | 778 | 930 | 883 | 817 | 780 | 923 | 1,009 | |
224 | 247 | 341 | 387 | 354 | 636 | 754 | 848 | 786 | 729 | 710 | 847 | 914 | |
Operating Profit | 33 | 36 | 84 | 101 | 51 | 56 | 23 | 82 | 97 | 88 | 70 | 76 | 95 |
OPM % | 13% | 13% | 20% | 21% | 13% | 8% | 3% | 9% | 11% | 11% | 9% | 8% | 9% |
1 | 1 | 1 | 7 | 8 | 32 | 13 | 7 | 5 | 6 | -52 | 7 | 6 | |
Interest | 6 | 6 | 8 | 5 | 7 | 18 | 22 | 35 | 37 | 30 | 26 | 27 | 32 |
Depreciation | 15 | 16 | 16 | 17 | 17 | 23 | 28 | 28 | 41 | 45 | 43 | 44 | 44 |
Profit before tax | 13 | 15 | 62 | 87 | 36 | 46 | -14 | 27 | 23 | 19 | -52 | 12 | 25 |
Tax % | 33% | 35% | 28% | 31% | 28% | 19% | -7% | -1% | 31% | 38% | -2% | 45% | |
9 | 10 | 44 | 60 | 26 | 37 | -15 | 27 | 16 | 12 | -53 | 7 | 13 | |
EPS in Rs | 5.81 | 7.50 | 27.90 | 34.49 | 20.74 | 26.93 | -14.74 | 21.91 | 15.47 | 13.32 | -23.70 | 7.62 | 10.11 |
Dividend Payout % | 17% | 59% | 6% | 9% | 14% | 19% | -7% | 23% | 16% | 30% | -11% | 53% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 3% |
3 Years: | 1% |
TTM: | 20% |
Compounded Profit Growth | |
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10 Years: | -3% |
5 Years: | 20% |
3 Years: | -33% |
TTM: | 206% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 32% |
3 Years: | 68% |
1 Year: | 162% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 7% |
3 Years: | 4% |
Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 12 | 12 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
Reserves | 86 | 88 | 118 | 156 | 179 | 197 | 177 | 206 | 192 | 210 | 191 | 198 | 191 |
64 | 62 | 53 | 89 | 81 | 279 | 390 | 357 | 372 | 374 | 320 | 308 | 351 | |
76 | 102 | 112 | 169 | 188 | 377 | 493 | 515 | 497 | 381 | 396 | 551 | 587 | |
Total Liabilities | 238 | 264 | 295 | 427 | 461 | 865 | 1,073 | 1,091 | 1,074 | 978 | 920 | 1,070 | 1,142 |
72 | 63 | 75 | 72 | 72 | 250 | 239 | 205 | 256 | 253 | 239 | 220 | 256 | |
CWIP | 0 | 0 | 0 | 0 | 21 | 11 | 27 | 14 | 11 | 19 | 12 | 28 | 0 |
Investments | 0 | 0 | 0 | 0 | 1 | 45 | 14 | 12 | 40 | 49 | 7 | 10 | 10 |
166 | 200 | 220 | 354 | 366 | 559 | 793 | 860 | 766 | 658 | 661 | 812 | 876 | |
Total Assets | 238 | 264 | 295 | 427 | 461 | 865 | 1,073 | 1,091 | 1,074 | 978 | 920 | 1,070 | 1,142 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
16 | 17 | 64 | 28 | 68 | -53 | -27 | 50 | 109 | 81 | 103 | 71 | |
-14 | -6 | -28 | -18 | -36 | -70 | -31 | -22 | -11 | 13 | -15 | -10 | |
-2 | -7 | -27 | 22 | -25 | 97 | 66 | -33 | -102 | -66 | -81 | -74 | |
Net Cash Flow | 0 | 3 | 9 | 32 | 6 | -26 | 8 | -4 | -4 | 28 | 7 | -13 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 117 | 132 | 83 | 83 | 92 | 99 | 113 | 108 | 103 | 96 | 117 | 151 |
Inventory Days | 116 | 138 | 107 | 185 | 223 | 216 | 295 | 225 | 242 | 205 | 272 | 230 |
Days Payable | 70 | 102 | 60 | 64 | 114 | 144 | 205 | 138 | 183 | 115 | 138 | 185 |
Cash Conversion Cycle | 162 | 167 | 131 | 203 | 202 | 171 | 203 | 195 | 162 | 187 | 251 | 195 |
Working Capital Days | 122 | 123 | 88 | 113 | 110 | 93 | 142 | 101 | 71 | 95 | 72 | 67 |
ROCE % | 11% | 11% | 35% | 36% | 14% | 15% | 1% | 10% | 12% | 8% | 6% | 8% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Nov - Compliance pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
15 Nov - Was organized with Analysts/Investors on Friday, November 10, 2023 at 14:00 hrs
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Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Nov - Extracts of the unaudited consolidated financial results of the Company for the second quarter ended 30th September, 2023 published today i.e 11th November, 2023 in …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
10 Nov - Was organized with the Analysts / Investors on Friday, November 10, 2023 from 14:00 hrs has been uploaded on website of the Company.
- Announcement under Regulation 30 (LODR)-Investor Presentation 10 Nov
Annual reports
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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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Financial Year 2010
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Concalls
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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Jun 2023TranscriptNotesPPT
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Dec 2021TranscriptNotesPPT
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Feb 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 Segment
Electronic Manufacturing Services (26%): It offers a wide range of manufacturing solutions from Printed Circuit Board Assemblies to Complex Finished products, Line Replaceable Units (LRU), and complete system integration.
Engineering R&D services (37%): Conceptualizing, designing, and certifying Electronic Hardware, Embedded Software, FPGA, Analog, Radio Frequency products, Power Electronics, etc.
Strategic Electronics (37%): It provides Built to Specification services, which include quickly and efficiently taking a project from conceptualization to mass production quickly and efficiently. [1] [2]