Centum Electronics Limited (IN:CENTUM)
:CENTUM
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Centum Electronics Limited
(CENTUM)
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Rating:55Neutral
Price Target:
₹2,877.00
▲(28.70% Upside)
Action:ReiteratedDate:01/13/26
The score is driven mainly by mixed financial performance—stronger gross margin and improved leverage are offset by a net loss, negative ROE, and weak cash flow sustainability. Technicals are neutral-to-soft with negative MACD and price below key moving averages, and valuation is a major headwind given the very high P/E and minimal dividend yield.
Positive Factors
Material gross margin expansion
A near-term structural improvement in gross margin indicates meaningful gains in manufacturing efficiency, better pricing or favorable program mix. Sustained higher conversion margins support reinvestment, provide buffer against component cost swings, and improve resilience across mission-critical contracts.
Negative Factors
Net loss and negative ROE
A net loss and negative ROE signal the company isn't generating returns on shareholder capital. Persisting losses erode retained earnings and constrain internal funding for R&D, capacity expansion or working capital, increasing dependence on external financing and raising execution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Material gross margin expansion
A near-term structural improvement in gross margin indicates meaningful gains in manufacturing efficiency, better pricing or favorable program mix. Sustained higher conversion margins support reinvestment, provide buffer against component cost swings, and improve resilience across mission-critical contracts.
Read all positive factors
Centum Electronics Limited (CENTUM) vs. iShares MSCI India ETF (INDA)
Market Cap
₹41.38B
Dividend Yield0.25%
Average Volume (3M)3.46K
Price to Earnings (P/E)―
Beta (1Y)1.42
Revenue Growth10.29%
EPS GrowthN/A
CountryIN
Employees1,290
SectorTechnology
Sector Strength88
IndustryHardware, Equipment & Parts
Share Statistics
EPS (TTM)-41.90
Shares Outstanding14,740,983
10 Day Avg. Volume2,847
30 Day Avg. Volume3,465
Financial Highlights & Ratios
PEG Ratio22.89
Price to Book (P/B)5.13
Price to Sales (P/S)1.84
P/FCF Ratio-43.34
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)45.9
Revenue Forecast (FY)₹13.66B
Centum Electronics Limited Business Overview & Revenue Model
Company Description
Centum Electronics Limited designs, manufactures, and sells electronic products in India, the United Kingdom, rest of Europe, North America, and internationally. The company offers embedded computers and power converters, test tools, LRU and data ...
How the Company Makes Money
CENTUM primarily makes money by delivering engineering and manufacturing services and finished electronic assemblies to customers, earning revenue through a mix of (1) manufacturing/assembly contracts and supply of electronic modules/subsystems, w...
Centum Electronics Limited Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
71
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 11.98B | 11.31B | 10.60B | 8.84B | 7.33B | 7.67B |
| Gross Profit | 3.46B | 5.35B | 1.01B | 4.66B | 4.20B | 4.10B |
| EBITDA | 1.08B | 905.87M | 783.52M | 741.56M | 68.33M | 870.07M |
| Net Income | 109.35M | 24.56M | 17.75M | 98.16M | -305.43M | 171.56M |
Balance Sheet | ||||||
| Total Assets | 13.94B | 12.39B | 10.64B | 10.73B | 9.23B | 9.80B |
| Cash, Cash Equivalents and Short-Term Investments | 1.95B | 1.78B | 481.21M | 352.71M | 574.10M | 453.90M |
| Total Debt | 2.11B | 1.87B | 2.25B | 3.06B | 3.19B | 3.73B |
| Total Liabilities | 10.03B | 8.45B | 8.67B | 8.69B | 7.24B | 7.40B |
| Stockholders Equity | 4.04B | 4.05B | 2.03B | 2.11B | 2.04B | 2.23B |
Cash Flow | ||||||
| Free Cash Flow | 312.82M | -479.32M | 1.81B | 491.76M | 847.34M | 559.85M |
| Operating Cash Flow | 547.29M | -293.51M | 2.14B | 709.32M | 1.03B | 806.03M |
| Investing Cash Flow | -448.05M | -588.22M | -440.16M | -112.49M | -149.32M | 119.45M |
| Financing Cash Flow | -22.39M | 1.07B | -1.45B | -880.54M | -811.79M | -659.67M |
Centum Electronics Limited Technical Analysis
Positive
2235.35
Price Trends
2527.97
Positive
2435.74
Positive
2465.91
Positive
Market Momentum
80.84
Positive
54.73
Neutral
44.29
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CENTUM, the sentiment is Positive. The current price of 2235.35 is below the 20-day moving average (MA) of 2771.15, below the 50-day MA of 2527.97, and below the 200-day MA of 2465.91, indicating a bullish trend. The MACD of 80.84 indicates Positive momentum. The RSI at 54.73 is Neutral, neither overbought nor oversold. The STOCH value of 44.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:CENTUM.
Centum Electronics Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | ₹157.51B | 34.37 | ― | 0.20% | 1.30% | 111.88% | |
63 Neutral | ₹22.21B | 73.43 | ― | ― | 9.86% | 21.38% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | ₹64.28B | 44.93 | ― | ― | 46.80% | 201.41% | |
55 Neutral | ₹41.38B | -13.94 | ― | 0.25% | 10.29% | ― | |
54 Neutral | ₹15.26B | 84.78 | ― | ― | 155.87% | ― | |
51 Neutral | ₹7.38B | 78.58 | ― | 1.07% | 12.25% | -28.69% |
* Technology Sector Average
IN:CENTUM
Centum Electronics Limited
2,807.25
1,182.55
72.79%
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-39.40%
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-56.04%
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76.32%
Centum Electronics Limited Corporate Events
Centum Electronics Shareholders Clear Director Appointments, Approve Overseas Restructuring Plan
Mar 16, 2026
Centum Electronics Limited has announced the results of a postal ballot conducted via remote e-voting, in which shareholders approved all resolutions with the requisite majority. The key decisions include the appointment of two independent directo...
Centum Electronics Shareholders Approve Board Changes and Global Restructuring via Postal Ballot
Mar 16, 2026
Centum Electronics Limited has announced the results of a postal ballot conducted via remote e-voting under Indian company law and SEBI listing regulations. Shareholders approved all resolutions set out in the February 14, 2026 notice, with the de...
Centum Electronics to Engage Investors at 11th Valorem Conference in Mumbai
Mar 16, 2026
Centum Electronics Limited has notified the stock exchanges about its participation in the 11th Annual Valorem Conference – Resilient Corporates, Relentless India, to be held in Mumbai on 23 March 2026. The in-person investor and analyst mee...
Centum Electronics Wins Rs 29.4 Crore GRSE Order for Advanced Naval Navigation Systems
Jan 20, 2026
Centum Electronics has secured a Rs 29.40 crore domestic order from Garden Reach Shipbuilders Engineers Limited to supply Advanced Naval Navigation Systems, to be executed by February 2028. The contract, emerging from an earlier memorandum of und...
Centum Electronics Elevates Strategic Electronics Head to Group CTO Role
Jan 8, 2026
Centum Electronics has announced a change in its senior management, elevating Dr. Vinod Chippalkatti from President of the Strategic Electronics Business Unit to the role of Chief Technology Officer (CTO) for the Centum Group with immediate effect...
Centum Electronics Files SEBI Regulation 74(5) Compliance Certificate for December Quarter
Jan 5, 2026
Centum Electronics Limited has submitted to the stock exchanges a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31 December 2025. The company’s registrar and...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.