CENTUMIndustrials

Centum Electronics Limited

Aerospace & Defense · ISIN INE320B01020 · BSE 517544 · NSE EQ · FV ₹10
Last price
₹4,343
+1.57%today
What this company does

Centum Electronics Limited operates in Aerospace & Defense, part of the Industrials sector. It booked ₹204 cr of revenue in its latest quarter (Q1 FY27) and kept 52.0% of sales as profit. It is the 3rd largest of 9 Aerospace & Defense companies we track, by market value.

In the report:
59out of 100
Equitytale Health Score
Mixed

Healthier than 59% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 166–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
67

At close. Not part of the score.

Profitability & returns78

How much profit it earns on the money it employs

Balance sheet45

How much it owes, and whether earnings cover the interest

Cash quality91

Whether reported profit actually arrives as cash

Growth & consistency44

Whether sales and profit have grown, and how steadily

Valuation3

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 52% net margin
Profit up 2,274% vs last year
Promoters hold 47%
No promoter shares pledged
Strong 124% return on equity
Turns profit into real cash
Watch-outs
! Sales down 25% vs last year

What if I invest in CENTUM?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹4,343 +1.57%
latest close · 2026-09-17
1-year return
+800.5%
52-wk low ₹39052-wk high ₹4,450
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio142.7High
LowAverageHigh
P/B ratio175.44High
Below bookModerateHigh
EV / EBITDA582.8High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity123.8%Strong
WeakFairStrong ▸15%
Return on capital12.8%Fair
WeakFairStrong
Net margin52.0%Strong
ThinDecentStrong
EBITDA margin12.7%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.38Comfortable
LowModerateHigh ▸1
Interest cover4.6×Okay
RiskyOkayStrong ▸5×
Current ratio1.37Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹60,214 cr
Book value
₹25
EPS
₹7.61
latest quarter
Net debt
₹84 cr
owes more than its cash
Enterprise value
₹60,298 cr
EBITDA
₹103 cr
annualised
EBIT
₹81 cr
annualised
Operating margin
10.0%
Return on assets
32.6%
Earnings yield
0.70%
P/S
73.74
Sales / share
₹58.9
Tax rate
29.6%
Face value
₹10
Shares
13.9 cr
Working capital
₹249 cr
Current assets
₹914 cr
Current liabilities
₹665 cr
Delivery %
37.5%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2024 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹10₹19, midpoint ₹14

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹204 cr
Other Income₹2 cr
Total Income₹206 cr
Cost of Materials₹181 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-50 cr
Employee Benefit Expense₹32 cr
Finance Costs₹4 cr
Depreciation & Amortisation₹5 cr
Other Expenses₹17 cr
Total Expenses₹191 cr
Profit before Tax₹16 cr
Tax Expense₹5 cr
Net Profit₹106 cr
Net margin on total income51.1%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹131 cr43.7%
Employee benefit expense₹32 cr10.6%
Finance costs₹4 cr1.5%
Depreciation & amortisation₹5 cr1.8%
Other expenses₹17 cr5.8%
Tax expense₹5 cr1.6%
Profit for the period₹106 cr35.1%
Total income ₹206 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue331 cr340 cr204 cr
Total income334 cr348 cr206 cr
Expenses316 cr302 cr191 cr
Profit before tax-39 cr46 cr16 cr
Tax-7 cr11 cr5 cr
Net profit (owners' share)-62 cr1 cr106 cr
Net margin (owners' share, on revenue)-18.6%0.4%52.0%
EPS (₹)-23.3723.707.61
YoY (latest quarter): total income -25.3% · net profit +2,273.8%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹1,303 cr
Shareholder equity
₹343 cr
parent shareholders
Total debt
₹122 cr
Cash
₹38 cr
Cash flow · H1 FY26
Operating
₹55 cr
Investing
₹-45 cr
Financing
₹-2 cr
Peer comparison
Aerospace & Defense · by market value
CompanyPriceMarket capP/E
Hindustan Aeronautics Limited₹4,788₹3.20 L cr50.4
Bharat Electronics Limited₹395₹2.89 L cr68.7
Centum Electronics Limitedthis company₹4,343₹60,214 cr142.7
Bharat Dynamics Limited₹1,152₹42,224 cr88.9
Garden Reach Shipbuilders & Engineers Limited₹2,340₹26,803 cr38.8
Data Patterns (India) Limited₹4,411₹24,702 cr279.9
AXISCADES Technologies Limited₹1,852₹16,469 cr
Aequs Limited₹229₹15,380 cr
Astra Microwave Products Limited₹1,608₹15,265 cr309.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.12%
trailing 12 months
Dividend / share (TTM)
₹5
Last dividend
₹5
ex 31 Jul 2026
ActionDetailEx-date
Dividend₹5 / share31 Jul 2026
Dividend₹6 / share25 Jul 2025
Dividend₹3 / share31 Jul 2024
Dividend₹3 / share20 Feb 2024
Dividend₹4 / share2 Aug 2023
Dividend₹2.5 / share2 Aug 2022
Who owns it · 2026-06-30
No pledge
Promoter
46.8%
FII / Foreign
3.3%
DII / Domestic
19.7%
Retail / others
30.2%
Promoter stake down 12.0% over the last 12 quarters.
Smart-money activity
Insider trades
SoldVinod Srinivasrao Chippalkatti · Designated Person309 · ₹13.4 L9 Sep 26
SoldVinod Srinivasrao Chippalkatti · Designated Person309 · ₹13.4 L9 Sep 26
BoughtArun Mahadev Sonar · Designated Person2,000 · ₹75.9 L26 Aug 26
Bulk / block deals
short · NSE141 Jun 26
short · NSE125 May 26
short · NSE766 Apr 26
Stake changes
SoldM S Swarnakumari · promoter→ 0.08% · 20026 May 26
SoldApparao V Mallavarapu · promoter→ 35.57% · 6.66 L8 Aug 25
Bought3P India Equity Fund→ 7.52% · 3.00 L8 Aug 25
Promoter pledges
PledgedM/s Bhavesh R Thakkar HUF3.85 L · 9.92% held5 Mar 21
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 13 Aug 2026
See the official result
1
Adoption of Standalone Financial Statements
Backed by 100% of shareholders other than promotersneeded 50%
28.94 L votes for, 10 against · 0% of mutual funds and other big investors said no
2
Adoption of Consolidated Financial Statements
Backed by 100% of shareholders other than promotersneeded 50%
28.94 L votes for, 16 against · 0% of mutual funds and other big investors said no
3
Declaration of Dividend
Backed by 100% of shareholders other than promotersneeded 50%
28.94 L votes for, 12 against · 0% of mutual funds and other big investors said no
4
Retirement of Director by rotation
Backed by 100% of shareholders other than promotersneeded 50%
28.94 L votes for, 35 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 5 named members
owning 46.8% between them · as of 2026-06-30
APPARAO VENKATA MALLAVARAPU35.45%
NIKHIL MALLAVARAPU4.42%
TANYA MALLAVARAPU4.37%
SWARNALATHA MALLAVARAPU2.50%
M S SWARNAKUMARI0.08%
Business done with them
FY2025 · 2 of the group
The company paid ₹4 cr to companies in the promoter group last year — about 0.3% of its ₹1,155 cr revenue.
Mr. Nikhil Mallavarapu
Other payments to them · Remuneration
also owns 4.42% of the company
₹4 cr
company paid
Tanya Mallavarapu
Other payments to them · Director's sitting fees (including commission paid to non-executive directors)
also owns 4.37% of the company
₹6.8 L
company paid

The company also transacted with 9 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹210 cr raised in Mar 2025 by selling shares to large investors

As of Jun 2026, the company says it has spent 70% of what it set aside, leaving ₹60 cr still to be spent. Crisil Ratings Limited watches the spending on the exchange’s behalf.

Repayment / pre-payment, in part or in full, of certain outstanding borrowings availed by the Company
100%
₹115 cr of ₹115 cr
Capital expenditure for purchase of new equipment and machinery
73%
₹26 cr of ₹35 cr
General Corporate Purposes
0%
₹0 cr of ₹51 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.