Centum Electronics Q2 FY27 Results: Consolidated Net Profit ₹22.93 Crore on Total Income of ₹314 Crore
- Earnings
- electronics manufacturing
Reviewed byKeshav SehgalBlacklitt Research
Centum Electronics said in a filing on 4 Nov 2026 that consolidated total income for the quarter ended 30 Sep 2026 was ₹314.38 crore and consolidated net profit was ₹22.93 crore. Standalone total income was ₹314.38 crore and standalone net profit was ₹22.81 crore.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹314.38 crore, up 57.7% YoY and 52.3% QoQ
- Net profit and EPS: ₹22.93 crore; basic EPS ₹15.53
- Finance costs: ₹5.45 crore, up 21.3% YoY; 1.7% of total income
Standalone
The company on its own, without its subsidiaries
- Total income: ₹314.38 crore, up 51.0% YoY and 51.8% QoQ
- Net profit and EPS: ₹22.81 crore, up 76.7% YoY and 68.6% QoQ; basic EPS ₹15.45 against ₹8.74 a year earlier
- Net profit margin: 7.26% of total income, against 6.20% a year earlier and 6.53% in the quarter before
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 314.38 | 199.36 | +57.7% | 206.46 | +52.3% | |
| Other income | 1.59 | 0.26 | +502.7% | 0.75 | +111.0% |
| 22.93 | n/a | n/a | n/a | n/a | |
| Profit before tax | 30.85 | 19.62 | +57.2% | 15.95 | +93.4% |
| Finance costs | 5.45 | 4.49 | +21.3% | 4.42 | +23.3% |
| Depreciation | 5.71 | 5.01 | +14.0% | 5.50 | +3.9% |
| Tax expense | 7.92 | 4.57 | +73.4% | 4.71 | +68.1% |
| EPS, basic (₹) | 15.53 | n/a | n/a | 71.47 | -78.3% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Total income rose 57.7% to ₹314.38 crore from ₹199.36 crore a year earlier, and profit before tax rose 57.2% to ₹30.85 crore. Tax expense rose 73.4% to ₹7.92 crore and is 25.7% of profit before tax, which leaves net profit of ₹22.93 crore.
Other income of ₹1.59 crore is 0.5% of total income and 5.2% of profit before tax. Finance costs rose 21.3% to ₹5.45 crore, which is 1.7% of total income. Depreciation of ₹5.71 crore is up 14.0% on ₹5.01 crore a year earlier.
The filing puts the profit on deconsolidation of Centum T&S Group Societe Anonyme (S.A.) at ₹81.23 crore in the quarter ended 30 Jun 2026, the quarter before this one. The same notes present that group and its underlying overseas subsidiaries as discontinued operations from 4 Jun 2026, and the profit before tax row is for continuing operations.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 314.38 | 208.14 | +51.0% | 207.09 | +51.8% | |
| Other income | 1.59 | 0.26 | +502.7% | 0.75 | +111.0% |
| 22.81 | 12.91 | +76.7% | 13.53 | +68.6% | |
| Profit before tax | 30.73 | 17.48 | +75.8% | 18.25 | +68.4% |
| Finance costs | 5.45 | 4.46 | +22.3% | 4.38 | +24.4% |
| Depreciation | 5.71 | 5.01 | +14.0% | 5.50 | +3.9% |
| Tax expense | 7.92 | 4.57 | +73.4% | 4.72 | +67.8% |
| Net profit margin | 7.26% | 6.20% | +1.05 pp | 6.53% | +0.72 pp |
| EPS, basic (₹) | 15.45 | 8.74 | +76.8% | 9.17 | +68.5% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone total income rose 51.0% to ₹314.38 crore from ₹208.14 crore a year earlier. Net profit rose 76.7% year on year to ₹22.81 crore, faster than total income (up 51.0%), and rose 68.6% on the quarter before, when total income rose 51.8%.
Profit before tax rose 75.8% to ₹30.73 crore, and tax expense rose 73.4% to ₹7.92 crore. Finance costs rose 22.3% to ₹5.45 crore.
The standalone statement shows an exceptional item of ₹2.75 crore for the six months ended 30 Sep 2026. The notes say the company recovered ₹2.44 crore of trade receivables from its Canada subsidiaries in the quarter ended 30 Jun 2026 and wrote back liabilities of ₹31.50 lakh, both disclosed as exceptional items. The Board decided on 19 Dec 2025 to discontinue the business operations of those subsidiaries, and the company is making the regulatory filings for the liquidation of the Canadian operations.
Inference
The Board has approved, subject to shareholders' approval, raising the borrowing limit under Section 180(1)(c) of the Companies Act, 2013 from ₹500 crore to ₹1,000 crore, and creating mortgages and charges on movable and immovable assets to secure borrowings up to ₹1,000 crore, including existing borrowings.
The company allotted 1,810,345 equity shares in a Qualified Institutional Placement in the year ended 31 Mar 2025 at ₹1,160 a share. It said the net proceeds of ₹200.68 crore were to be used for repayment or prepayment of certain borrowings and general corporate purposes, and that unutilised QIP funds of ₹52.06 crore were invested in mutual funds at 30 Sep 2026.
The company says it has not given any guarantees over and above its ₹153.78 crore investment in Centum T&S Group Societe Anonyme (S.A.), and that management expects no incremental exposure from the liquidation proceedings. The filing does not give the reason for the proposed increase in borrowing limits or what the new borrowings will fund.
Filed with BSE on . Reference: Original filing (PDF)
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