Centum Electronics Limited has announced that it will conduct an investor and analyst meeting on May 28, 2026. The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The meeting is scheduled to be held in Mumbai and will feature both group discussions and one-on-one sessions. It is being organized as part of the 360 ONE Capital 16th Annual Investor Conference, titled TRINITY INDIA 2026.

Meeting Details

The company provided specific logistical details regarding the upcoming interaction with investors and analysts. The event will be conducted in person, allowing for direct engagement between the company's management and market participants.

Regulatory Disclosure

Centum Electronics clarified that no unpublished price sensitive information will be shared during the meeting. The announcement was formally communicated to the stock exchanges to ensure compliance with regulatory requirements. The communication was signed by Indu H S, Company Secretary and Compliance Officer.

Centum Electronics held its Board of Directors meeting on May 14, 2026, approving the audited standalone and consolidated financial results for the fourth quarter and full year ended March 31, 2026. The statutory auditors, S.R. Batliboi & Associates LLP, issued an unmodified audit opinion on both the standalone and consolidated financial statements. The board recommended a final dividend of Rs 5 per equity share (50%) on the face value of Rs 10 each, subject to shareholder approval at the ensuing Annual General Meeting. Additionally, 18,033 equity shares were allotted to employees under the Centum Restricted Stock Unit Plan 2021, raising the paid-up equity share capital from Rs 14,74,09,830 to Rs 14,75,90,160. Following the results, an earnings conference call was held on May 15, 2026 at 2:00 PM IST with Joint Managing Director Mr. Nikhil Mallavarapu and CFO Mr. Sundararajan Parthasarathy representing the company; the audio recording of the call has since been uploaded to the company's website at www.centumelectronics.com/financial-results/ , pursuant to Regulation 30 and 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Business and Operational Highlights

The company delivered record-level performance across several metrics in FY26. Standalone revenue from operations reached ₹973 crs, the highest ever reported, marking a 25.4% YoY increase. Q4 revenue stood at ₹344 crs, up 25.6% YoY and 44.4% QoQ. FY26 EBITDA grew 28.4% YoY to ₹121 crs, while profit before tax (before exceptional items) surged 62.7% YoY to ₹100 crs. Return on Capital Employed (ROCE) stood at 21%, and net working capital days improved by approximately 11% to 142 days. The company closed FY26 with an order book of ₹1,645 crs, up 22.7% YoY.

Segment Performance

The Build to Specification (BTS) business recorded FY26 revenue growth of 37% YoY, driven by strong execution across key programs, with its order book expanding 28% YoY on the back of strategic value-chain progression to Systems. Key wins included a marquee AESA Radar order from HAL for the UHM platform (₹570+ crs for the full program) and a second complete Radar System order for satellite and space debris tracking. The Electronic Manufacturing Services (EMS) business posted FY26 revenue growth of 21% YoY, supported by successful ramp-up and deliveries for a global semiconductor equipment OEM and new order wins in defence exports. The business also completed 80+ successful New Product Introductions (NPIs) and won new business from industrial customers for electrification and grid automation.

During FY26, Centum Electronics achieved SAMAR Maturity Level 5 certification — the highest level — joining the ranks of very few Indian companies, enabling participation in defence tenders for safety-critical, mission-critical, and non-critical projects. The company was also awarded the "Committed" badge on EcoVadis, a globally recognised independent ESG rating platform.

Revenue Mix

The following table presents the revenue distribution across industry verticals, business verticals, and geographies on a standalone basis for FY26:

Standalone Financial Performance

On a standalone basis, Centum Electronics reported strong revenue growth for FY26. Sales/income from operations rose to Rs 9,706.25 million from Rs 7,741.86 million in the previous year. Total income for the full year stood at Rs 9,888.72 million compared to Rs 7,826.62 million. However, exceptional items — primarily a provision of Rs 1,537.83 million for the carrying value of investment in Centum T&S Group Société Anonyme (S.A.) and Rs 396.00 million for trade receivables from Canada subsidiaries — led to a standalone net loss of Rs 1,170.50 million for the year, against a profit of Rs 456.31 million in the prior year. Excluding exceptional items, profit before tax from operations stood at Rs 1,003.88 million, up from Rs 617.04 million.

The following table summarises the key standalone financial metrics:

The standalone EBITDA for FY26 stood at INR 1,209 mn (12.42% margin), up 28.4% YoY from INR 941 mn (12.12% margin). Adjusted ROCE improved to 21.16% in FY26 from 12.40% in FY25. Total borrowings to equity stood at 0.28x in FY26, compared to 0.17x in FY25. Adjusted net working capital days declined to 142 in FY26 from 159 in FY25.

Standalone Revenue and Order Book Trend

Consolidated Financial Performance

On a consolidated basis, the Group reported total income from continuing operations of Rs 9,685.65 million for FY26, compared to Rs 7,468.53 million in FY25. Profit after tax from continuing operations improved significantly to Rs 1,007.11 million from Rs 504.22 million, representing a growth of 99.9% YoY. However, discontinued operations — comprising Centum T&S Group Société Anonyme (S.A.) and its underlying overseas subsidiaries, as well as the Canada subsidiaries — recorded a loss after tax of Rs 1,525.17 million for the year. As a result, the consolidated net loss for the period stood at Rs 518.06 million, compared to a net loss of Rs 19.27 million in the prior year.

Consolidated EBITDA for FY26 grew 36.8% YoY to INR 1,354 mn, with EBITDA margins expanding 85 basis points to 14.22%. Diluted EPS from continuing operations improved to INR 68.19 in FY26 from INR 38.49 in FY25, a growth of 77.2% YoY.

Exceptional Items and Discontinued Operations

The financial results were significantly impacted by exceptional items and discontinued operations. On the standalone front, the company filed for Redressement Judiciaire (judicial reorganisation) for Centum T&S Group Société Anonyme (S.A.) and certain overseas subsidiaries, leading to a full provision of Rs 1,537.83 million against the carrying value of its investment. Additionally, the Board had decided in December 2025 to discontinue the Canada subsidiaries — Centum E&S and Centum T&S — resulting in provisions for trade receivables of Rs 396.00 million and inventory of Rs 100.78 million.

On the consolidated basis, the Group provided for goodwill on consolidation of Rs 376.23 million, intangible assets of Rs 178.33 million, and inventory of Rs 100.78 million relating to the overseas subsidiaries under Redressement Judiciaire proceedings. Canada operations were discontinued during Q4 FY26, with wind-up proceedings expected to commence in Q1 FY27. Preliminary bids for the European entity were received in April 2026, with final bids expected to be submitted to the Court by June 1, 2026. The determination of cessation of control will be decided based on the final court order, likely in the first week of June, during Q1 FY27.

Balance Sheet and Cash Flow Highlights

The standalone balance sheet as at March 31, 2026 reflected total assets of Rs 11,059.12 million, with total equity of Rs 4,315.02 million. Current assets stood at Rs 9,258.35 million, driven by inventories of Rs 4,567.76 million and trade receivables of Rs 3,073.09 million. On the consolidated basis, total assets were Rs 13,027.12 million, including assets held for sale of Rs 2,084.43 million related to the discontinued overseas operations. Total consolidated equity stood at Rs 3,250.75 million.

On the cash flow front, standalone net cash from operating activities was Rs 284.36 million for FY26, compared to a net outflow of Rs 156.96 million in FY25. Consolidated net cash from operating activities improved to Rs 603.88 million from a net outflow of Rs 293.51 million in the prior year.

Stock Performance and Shareholding

As on March 31, 2026, Centum Electronics' stock was trading at a CMP of ₹2,765.15, with a 52-week high/low of ₹3,066.00/₹1,310.30. Market capitalisation stood at INR 40,747.67 mn, with total outstanding shares of 14.74 mn. Average volume was 59.35 thousand shares, with average turnover of INR 145.76 mn. Over the one-year period ending March 31, 2026, the stock delivered approximately 70% returns, significantly outperforming the Sensex, which ended the same period slightly below 0%.

The shareholding pattern as of March 31, 2026 showed Promoters holding 46.88%, DIIs at 21.51%, and Public at 31.61%.

Corporate Actions and Auditor Re-appointments

The Board approved the re-appointment of KPMG Assurance and Consulting Services LLP as Internal Auditor and M/s. K.S. Kamalakara & Co. as Cost Auditors for Financial Year 2026-27. The Board also approved amendments to the Policy on Related Party Transactions. The company recognised an incremental cost of Rs 31.81 million towards employee benefits during FY26 following the implementation of the New Labour Codes, effective November 21, 2025. The unutilised funds from the Qualified Institutional Placement (QIP) conducted in the prior year, amounting to Rs 595.38 million, have been placed in fixed deposits with banks, with Rs 4.80 million held in a current account as at March 31, 2026.