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 ₹ 2,168 Cr.
- Current Price ₹ 1,684
- High / Low ₹ 2,011 / 663
- Stock P/E 72.4
- Book Value ₹ 158
- Dividend Yield 0.24 %
- ROCE 7.65 %
- ROE 3.23 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 24.0%
Cons
- Stock is trading at 10.6 times its book value
- 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 | 1,110 | |
224 | 247 | 341 | 387 | 354 | 636 | 754 | 848 | 786 | 729 | 710 | 847 | 993 | |
Operating Profit | 33 | 36 | 84 | 101 | 51 | 56 | 23 | 82 | 97 | 88 | 70 | 76 | 117 |
OPM % | 13% | 13% | 20% | 21% | 13% | 8% | 3% | 9% | 11% | 11% | 9% | 8% | 11% |
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 | 33 |
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 | 46 |
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 | 30 | |
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 | 23.24 |
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: | 32% |
Compounded Profit Growth | |
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10 Years: | -3% |
5 Years: | 20% |
3 Years: | -33% |
TTM: | 218% |
Stock Price CAGR | |
---|---|
10 Years: | 25% |
5 Years: | 31% |
3 Years: | 63% |
1 Year: | 147% |
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
- Closure of Trading Window 2d
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
18 Mar - Compliance under regulation 30 of SEBI (LODR) Regulations, 2015
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 13 Mar
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
5 Mar - Regarding receipt of order from DRDO
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Investor Presentation
5 Mar - Reg 30 of the SEBI LODR Regulations, 2015, we hereby enclose the investor presentation.
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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Mar 2024Transcript PPT
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Feb 2024TranscriptNotesPPT
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Dec 2023TranscriptNotesPPT
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Dec 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 & Revenue contribution as of H1FY24[1]
Engineering R&D (ER&D) Services (30%) – Involves conceptualizing and designing of Electronic Hardware, Embedded Software, FPGA, Analog, Radio Frequency products, etc.