CENTUM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Centum Electronics reported FY2026 standalone revenue of Rs 9,706.25 million, up ~25% YoY, with Q4 standalone profit of Rs 326.83 million. However, the company posted a standalone net loss of Rs 1,170.50 million for the full year due to massive exceptional items totaling Rs 2,033.07 million. These exceptional charges include: Rs 1,537.83 million write-off of investment in Centum T&S Group Societe Anonyme (under Redressement Judiciaire/French insolvency), Rs 396 million provision for trade receivables from Canada subsidiaries, and Rs 100.78 million inventory provision. The Board decided to discontinue Canadian subsidiary operations and is in the process of regulatory filings for liquidation. Consolidated net loss for the year was Rs 518.06 million. The Board recommended a final dividend of Rs 5 per share (50%) subject to shareholder approval. 18,033 equity shares were allotted under the RSU Plan 2021. The company raised Rs 2,100 million via QIP in March 2025, with Rs 595.38 million still unutilized in fixed deposits.
Despite strong operational performance with ~25% revenue growth, the massive write-downs from overseas subsidiary failures have severely impacted bottom line. The large inventory and receivables buildup (inventories up from Rs 3,274 million to Rs 4,568 million) indicates working capital pressure. The QIP proceeds provide balance sheet cushion. Dividend payment is positive for shareholders if approved at AGM.