NSE: CENTRUM · BSE: 501150
CENTRUM CAPITAL LIMITED
A diversified financial services holding company running a small commercial bank (Unity Bank), a wealth management and distribution business, an institutional broking business, and a housing finance arm. Banking is by far the largest revenue contributor at 75.2% of segment revenue in FY26, with Unity Bank's net advances at Rs 11,570 crore and a capital adequacy ratio of 26%. Wealth Management and Distribution accounts for 4.6% of segment revenue, with assets under management or distribution of around Rs 40,000 crore. Institutional Business contributes 4.0% of segment revenue and Housing Finance 5.5%, though the housing finance arm was divested to Weaver Services for about Rs 400 crore. The business is asset-heavy, with total assets of Rs 21,482.67 crore at FY26 end, and its biggest cost lines are other operating expenses at 46.7% of revenue and employee costs at 20.2%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Banking Business (75%), Wealth Management and Distribution (5%), Institutional Business (4%), Housing Finance (6%), Unallocated (14%). Diversified financial services holding company, asset-heavy with a banking-led mix.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 684 | 1,310 | 2,207 | 3,493 | 3,763 |
| EBITDA (ex other income) | 147 | 440 | 955 | 1,318 | 1,298 |
| margin % | 21.5 | 33.6 | 43.3 | 37.7 | 34.5 |
| Owners' profit | (177) | (150) | (99) | (187) | (138) |
| EPS, as reported (₹) | (4.25) | (3.60) | (2.39) | (4.51) | (3.13) |
| ROE % · ROCE % | (9.5) · — | (9.8) · — | (4.1) · — | (9.1) · — | (21.4) · 14.7 |
| Debt / equity (x) | — | — | — | — | 12.19 |
| Cash from operations | (544) | (4,054) | 120 | 2,532 | (1,814) |
| Capex | (48) | (22) | (102) | (288) | (231) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 784 | 877 | 1,116 | 846 | 823 | 878 | 1,030 | 912 |
| Profit before tax | 15 | (101) | 23 | (81) | (32) | (164) | 23 | (153) |
| Net profit | 8 | (59) | 24 | (107) | (9) | (135) | (31) | (149) |
| EPS (₹) | (0.57) | (1.26) | (0.49) | (0.33) | (0.96) | (2.23) | 0.29 | (1.90) |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Banking Business | 2,829 | 79.1 |
| Institutional Business | 149 | 4.2 |
| Wealth Management and Distribution | 123 | 3.4 |
| Housing Finance | 206 | 5.8 |
| Unallocated | 341 | 9.5 |
| Wealth Management & Distribution | 49 | 1.4 |
| Total, before eliminations | 3,697 | 100.0 |
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| CRISIL LTD | 33,999 | 38.5 | 10.39 | — | 13.7 | 16.1 | — | 30.6 |
| ONEMI TECHNOLOGY SOL LTD | 5,509 | 19.5 | 4.10 | 9.4 | 21.0 | 18.8 | — | 32.0 |
| GYFTR LIMITED | 1,234 | — | 2.54 | 37.9 | 4.5 | 5.3 | 32.8 | 4.3 |
| CENTRUM CAPITAL LIMITED ◆ | 969 | — | 0.74 | 9.7 | (21.4) | (2.5) | 49.7 | 29.7 |
| PRIME SECURITIES LIMITED | 968 | 172.9 | 3.78 | — | 5.1 | — | 25.7 | 19.0 |
| WEALTH FRST PORT. MG. LTD | 881 | 26.7 | 5.18 | 16.9 | 22.5 | 30.3 | — | 97.5 |
| REGENCY FINCORP LIMITED | 571 | 52.3 | 3.56 | — | 8.4 | — | — | 84.3 |
| STELLANT SECURITIES (INDIA) LT | 529 | — | 1687.57 | — | 18.2 | 18.2 | — | 56.7 |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/B | 0.7 | 1.0 | 44 of 105 | 59% |
| ROCE | (2.5) | 1.8 | 68 of 83 | 18% |
| ROE | (21.4) | 1.3 | 103 of 111 | 7% |
| Debt / Equity | 12.2 | 0.0 | 77 of 77 | 0% |
| EBITDA margin | 29.7 | 25.6 | 43 of 91 | 53% |
| Revenue growth | 7.8 | (4.1) | 37 of 85 | 57% |
| Profit growth | (39.1) | (0.2) | 71 of 109 | 35% |
| Market cap | 969 | 26 | 4 of 113 | 97% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 27 Oct 2026 · Brickwork finds no deviation in warrant proceeds use for September quarter | compliance | minimal | — | — |
| 19 Oct 2026 · Centrum Capital: Promoter Business Match Services creates fresh share pledge | ownership changes | high | — | — |
| 13 Oct 2026 · Promoter group JBCG Advisory acquires 1.17 crore shares via warrant exercise | ownership changes | medium | — | — |
| 12 Oct 2026 · JBCG Advisory creates pledge of 1.95 cr shares in Centrum Capital | ownership changes | high | — | — |
| 12 Oct 2026 · Centrum Capital promoter entity creates fresh pledges on 22.5 lakh shares | ownership changes | high | — | — |
| 8 Oct 2026 · Centrum Capital allots 1.17 crore shares on warrant conversion by JBCG | fund raising | high | — | — |
| 7 Oct 2026 · Routine compliance certificate under SEBI DP Regulations 74(5) for Q2 FY27 | compliance | minimal | — | — |
| 5 Oct 2026 · Centrum Capital notifies SEBI special window for physical share transfers | compliance | minimal | — | — |
| 1 Oct 2026 · JBCG Advisory creates pledge of 25 lakh Centrum Capital shares | ownership changes | medium | — | — |
| 28 Sept 2026 · Trading Window Closure for Q2 FY27 Financial Results | compliance | minimal | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.