NSE: CENTUM · BSE: 517544 · ISIN INE320B01020
Centum Electronics Limited stock analysis
Centum Electronics Limited ranks #1733 in the TickerSutra evidence-ranked universe with a score of 51/100 and 95% data confidence. The latest captured fundamentals show ROCE of 25.5%, quarterly sales growth of 14.3% and quarterly profit growth of -36.9%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 25.5%
- Institutional ownership is rising
- No promoter shares are reported as pledged
Risks and constraints
- CFO/EBITDA is below 0.6×
- Valuation is above 40× earnings
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹780cr | ₹70cr | ₹-53cr | 9.0% |
| 2023 | ₹923cr | ₹76cr | ₹7cr | 8.0% |
| 2024 | ₹1,091cr | ₹86cr | ₹-3cr | 8.0% |
| 2025 | ₹740cr | ₹99cr | ₹-2cr | 13.0% |
| 2026 | ₹953cr | ₹135cr | ₹-52cr | 14.0% |
| TTM | ₹1,059cr | ₹125cr | ₹49cr | 12.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Centum Electronics Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
RoutineAnalysts/Institutional Investor Meet/Con. Call UpdatesBSE · 22 Sept 2026Centum Electronics Limited has informed the Exchange about Schedule of meet and Presentation
MANAGEMENT COMMENTARY
Signals from filed documents
And as we close some of these opportunities, they will have a meaningful contribution both in terms of revenue and margin to the overall business. But on a broader level, once businesses like this, let's say, global BTS start contributing to our P&L, do you think that it will be at a higher margin than the BTS that we do here, the domestic BTS business? Nikhil Mallavarapu: No, I would say probably we're still targeti
Centum leadership was recognised at the ASI Awards, with its CMD conferred Distinguished Fellow and CTO receiving the ASI Award for Spacecraft Technology. Awarded the Export Performance Award at ELCINA’s 50th Year Celebrations, acknowledging Centum’s strong presence in international markets. The accolade reinforces its commitment to quality, customer focus, and export excellence.
MARGIN EXPANSION AND EXECUTION DISCIPLINE A key feature of the year was the improvement in profitability alongside growth. The expansion in EBITDA and profit before exceptional items reflects better operating leverage, improved mix, disciplined execution, and tighter working capital management. As we scale, our focus will remain on profitable growth rather than growth for its own sake.
Have we started construction of the facility? And secondly, what is the capex plans for this year and next year? So this one, the design stage is complete, and we'll be starting the construction soon.
Domestic electronics manufacturing increased from ` 1.9 lakh crore in FY 2014-15 to ` 11.3 lakh crore in FY 2024-25, representing a nearly six-fold expansion over the period. Electronics exports grew at an even faster pace, rising from ` 38,000 crore to ` 3.27 lakh crore during this period, marking an approximately eight-fold increase. The growth trajectory indicates a steady acceleration over the decade, with manufa
This provides a strong revenue visibility for the coming years. Overall, we remain confident in the strength of our business fundamentals with a focused India ESDM platform, a healthy order book, expanding customer engagements and a strong opportunity pipeline across both BTS and EMS businesses, we believe the company is well positioned to deliver sustainable long-term growth. With that, we can now open the floor for
Centum Electronics Limited 56 Operational Risks Long and unpredictable timelines for securing defence and space contracts can affect revenue visibility. L1-based tendering processes may lead to aggressive pricing and margin pressures. Delays in certification and approvals from government agencies can extend execution cycles.
BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT: As required under Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Business Responsibility and Sustainability Report is provided in a separate section and forms part of the Annual Report as “Annexure – 7”. EMPLOYEE STOCK OPTION PLAN: As a measure of rewarding the employees, your Company had introduced Restricted Stock Uni
Failure to anticipate market trends, delays in product development, or unsuccessful R&D initiatives could weaken Centum’s market position and growth prospects. Regulatory and Compliance Risks Centum operates in highly regulated sectors, where changes in laws, compliance standards, or environmental regulations can increase operational complexity and costs. Delays in obtaining necessary certifications or approvals may
Further, the Board of Directors, at its meeting held on May 14, 2026, approved the allotment of 18,033 equity shares, resulting in an increase in the paid-up share capital from ₹ 14,74,09,830/- (divided into 1,47,40,983 equity shares) to ₹ 14,75,90,160/- (divided into 1,47,59,016 equity shares) as on the date of this Report. Details of utilization of funds raised through Qualified Institutional Placement (QIP) During
Any downturn, volatility, or policy shift in these industries – such as changes in government spending, regulatory frameworks, or technological disruptions – could adversely affect revenue and profitability. Customer Concentration A significant portion of Centum’s revenue is derived from a limited number of key customers, including government agencies and large corporations. The loss of, or a substantial reduction in
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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