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Investor Presentation

Centum Electronics Investor Presentation: Key Takeaways

Centum Electronics reported Q1 FY27 standalone revenue growth of 11% YoY. The company is transitioning towards a higher-margin 'Build to Specification' (BTS) model while deconsolidating loss-making French subsidiaries.

Highlights
Revenue growth11% YoY standalone; 20% YoY EMS growth.
MarginsStandalone EBITDA margin 11.28% vs 13.95% YoY.
Order bookINR 17,972 Mn total; BTS portion up 40% YoY.
Demand visibilityStrong; Order book up 31% YoY.

Growth

Standalone revenue grew 11% YoY to INR 2,048 Mn. Standalone PAT was INR 135 Mn (6.6% margin).

Outlook

Order book stands at INR 17,972 Mn (+31% YoY). BTS revenue expected to accelerate in upcoming quarters.

Risks

EBITDA margins compressed 267 bps YoY. Lower revenue contribution from the BTS segment in Q1.

Last quarter's promises, checked

Delivered

  • Divestment of French subsidiary by July 2026 → Deconsolidated June 4, 2026 (= BEAT)
  • Medium-term growth target of 25-30% → FY26 Standalone revenue grew 25% (= BEAT)

Partly delivered

  • BTS revenue growth target 30% → Q1 FY27 BTS revenue delayed/lower (= PARTIAL)

Missed

  • EBITDA margin guidance 13-15% → FY26 Standalone margin 12.42% (= MISS)
  • EBITDA margin guidance 13-15% → Q1 FY27 Standalone margin 11.28% (= MISS)
Source

Investor Presentation filed with NSE, NSE: CENTUM. Summary written with AI assistance from the document.

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Centum Electronics Ltd: key numbers

Share price
₹4,802.30
Market cap
₹7,089 Cr
Revenue (annual)
₹962.7 Cr
Net profit (annual)
₹-46.65 Cr
P/E (TTM)
142.9×Sector 41.4×
Promoter holding
46.82%-0.06% QoQ
FII holding
3.31%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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