Centum Electronics Limited — PPTs, 15-02-2025: Investor Presentation

**Financial Highlights:** For Q3-FY25, Centum Electronics reported standalone operational income of INR 1,807 Mn with an EBITDA of INR 213 Mn, yielding an EBITDA margin of 11.79%. However, consolidated performance shows operational income at INR 2,813 Mn and a negative net profit of INR (193) Mn, reflecting a PAT margin of (6.86)%. Over the nine-month period, standalone revenue reached INR 4,804 Mn while net profit stood at INR 232 Mn, with a diluted EPS of 17.84 INR. Consolidated operational revenue for the period was INR 7,867 Mn, but the net profit turned negative at (235) Mn.

**Strategic Initiatives and Growth Drivers:** Centum's solid order book of ~INR 16,749 Mn is fueled by strong demand, particularly in high-margin segments. With 75% of revenues coming from advanced economies, the company remains well-positioned in high-growth markets, particularly in Defence, Aerospace, and Electronics Manufacturing Services (EMS).

**Business Developments:** The company secured an Export Award for FY 2023-24 for best electronic hardware exports, affirming its robust performance in the export sector.

**Market Position and Competitive Advantage:** Centum holds a dominant position as a single-source supplier for ~80% of its products to marquee clients. Its extensive supply chain and presence across major international markets provide a competitive edge.

**Investor Implications:** Centum's diverse portfolio and strong order book present a positive outlook despite recent setbacks in consolidated profitability. Investors should watch closely for potential revenue growth in Q4, particularly driven by its BTS business and operational improvements.