Centum Electronics Limited has submitted its investor presentation for March 2026 to stock exchanges under SEBI Regulation 30, providing comprehensive insights into the company's business operations and financial performance.

Company Overview and Market Position

Centum Electronics positions itself as India's leading provider of end-to-end electronics system design and manufacturing solutions. The company operates across high-growth sectors including Defense, Aerospace & Space, Electronics Manufacturing Services (EMS), and Engineering Research & Development (ER&D).

Business Segment Performance

The company's revenue distribution across industry verticals shows Defense, Space & Aerospace contributing 50%, Industry & Energy at 26%, Transportation & Automotive at 16%, and Healthcare at 8% based on 9M FY26 data.

Across business verticals, Electronic Manufacturing Services (EMS) accounts for 53% of revenue, Build to Specification (BTS) contributes 30%, and Engineering R&D Services (ER&D) represents 17% of the business mix.

Financial Performance

For the nine months ended FY26, Centum Electronics reported consolidated operational revenue of INR 8,728 Mn. The company's consolidated EBITDA stood at INR 776 Mn with margins of 8.89%. However, the company reported a consolidated PAT loss of INR 530 Mn, representing negative margins of 6.07%.

Order Book and Growth Strategy

As of December 31, 2025, the company maintains a consolidated order book of INR 17,001 Mn. The order book composition includes EMS at INR 7,148 Mn (42.04%), BTS at INR 8,344 Mn (49.08%), and ER&D at INR 1,509 Mn (8.88%).

The company has secured significant orders including a strategic partnership with GRSE for Air Navigation Program and a major development and production order from HAL for Active Electronically Scanned Array (AESA) Radar Systems for the Utility Helicopter-Maritime (UH-M) platform. The HAL order comprises Phase 1 worth INR 66 crore over 2 years and Phase 2 valued at INR 500 crore over five years.

Market Opportunities

The presentation highlights substantial growth opportunities across key markets. The Global EMS Market is expected to grow from USD 789 Bn in CY23 to USD 1,304 Bn by CY28, representing a CAGR of 10.6%. The Indian EMS Market shows even stronger growth potential, projected to expand from USD 29 Bn in FY24 to USD 97 Bn by FY29E at a CAGR of 27.4%.

India's Defense Production is anticipated to grow from USD 15 Bn in FY24 to USD 35 Bn by FY29E, while Defense Exports are expected to increase from USD 2 Bn to USD 6 Bn over the same period.

Global Presence and Capabilities

Centum Electronics operates design centers strategically located worldwide with manufacturing facilities in India. The company maintains an average relationship of 10-15 years with top customer groups and serves as a single-source supplier for approximately 80% of its manufactured products.

Geographically, Europe & UK contribute 51% of revenue, India accounts for 36%, and North America and Rest of World represent 13% based on 9M FY26 data.

Leadership and Governance

The company is led by Chairman and Managing Director Apparao V Mallavarapu, who founded Centum Electronics in 1993. The leadership team includes Joint Managing Director Nikhil Mallavarapu and several independent directors bringing diverse expertise from various industries.

Stock Performance

As of December 31, 2025, Centum Electronics shares were trading at INR 2,343.00 with a market capitalization of INR 34,526.80 Mn. The stock has a 52-week range of INR 3,045.95 to INR 1,140.15. The shareholding pattern shows promoters holding 46.89%, public shareholders at 33.16%, and DIIs at 19.95%.

Centum Electronics has secured a significant ₹66 crore order from Hindustan Aeronautics Limited for the design and development of Active Electronically Scanned Array (AESA) radar systems for the Utility Helicopter-Maritime (UH-M) programme. The company announced this major defense contract through a regulatory filing under Regulation 30 of SEBI Listing Obligations on February 24, 2026.

Project Specifications and Structure

The AESA radar system is specifically designed to detect, classify, and track multiple maritime targets, enhancing the operational and surveillance capabilities of the UH-M platform in maritime environments. The project has been structured in two distinct phases with clear timelines and deliverables.

Development Timeline

Phase-1 Implementation

The current order covers Phase-1, focusing on the design and development of AESA radar systems with a gross value of ₹78 crore including GST. This phase is scheduled for completion over the next two financial years, establishing the technical foundation for the maritime surveillance capabilities.

Phase-2 Production Plans

Upon successful execution of Phase-1, the programme is expected to progress to Phase-2, which will involve serial production and supply of AESA radar systems. This phase carries an indicative value of ₹500 crore with delivery scheduled over five years from receipt of the serial production order.

Strategic Defense Partnership

This contract represents a significant milestone for Centum Electronics in the defense electronics sector, demonstrating the company's system-level design, development, and manufacturing capabilities in advanced radar technology. The order aligns with the company's focus on high-reliability electronics and system-level solutions for defense and aerospace applications, while strengthening its long-standing relationship with Hindustan Aeronautics Limited.

Company Profile

Centum Electronics Limited is one of India's leading Electronics System Design and Manufacturing (ESDM) companies, serving the Defence, Aerospace, Space, Industrial, Transportation, and Medical sectors, with capabilities spanning concept-to-commissioning and high-reliability electronics solutions.