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Earnings Call Transcript

Centum Electronics Earnings Call Transcript: Key Takeaways

Q2 revenue rose 52% to ₹312 Cr and PAT rose 77%, with EBITA margin at 12.7%. Management again avoided quarterly guidance, leaning on a ~₹2,000 Cr order book. The ₹540 Cr inventory build amid component shortages is the watch point.

Centum Electronics Q2 FY27 concall: date, live audio and summaryConcall page →
Guidance and delivery
Management target Revenue 30.0%
Highlights
Revenue growthQ2 revenue +52% YoY to ₹312 Cr; H1 +32% to ₹517 Cr.
MarginsQ2 EBITA margin 12.69%, up 87 bps YoY; BTS 20–22% band.
Order book~₹2,000 Cr, up ~38% YoY; BTS ₹959 Cr, up 47%.
Demand visibilityOrder book ~₹2,000 Cr, up 38%; semicon demand rising quarterly; AI/data-centre driven.
Management confidenceConfident but evasive; refused quarterly guidance, cites medium-term visibility.

Growth

Q2 revenue +52%, EBITA +63%, PAT +77%; H1 only +32%, so Q2 is the outlier. Receivable days improved to 106.

Outlook

No quarterly guidance. Medium-term revenue CAGR 25–30%, 'closer to 30'; EBITA margin 12.5–13% now, 14–15% in 3–4 years.

Risks

Inventory ₹540 Cr vs 50% prepayment cover; PCB lead times 40–50 weeks; borrowings up; limits nearly used at ~₹490 Cr.

Source

Earnings Call Transcript filed with BSE, NSE: CENTUM. Summary written with AI assistance from the document.

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Centum Electronics Ltd: key numbers

Share price
₹4,103.10
Market cap
₹6,057 Cr
Revenue (annual)
₹962.7 Cr
Net profit (annual)
₹-46.65 Cr
P/E (TTM)
88.7×Sector 46.5×
Promoter holding
46.81%-0.01% QoQ
FII holding
3.73%Current quarter

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

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