Driven by defence and space contracts, Centum Electronics reported a 24% revenue rise and stronger margins in Q2, even as subsidiary losses trimmed consolidated gains.
Bengaluru-based ESDM firm Centum Electronics has reported a strong second quarter, with its standalone performance showing double-digit growth, despite consolidated results being affected by subsidiary losses.
For Q2 FY26, its standalone operational income rose 18.4% year-on-year (YoY) to ₹2055 million. The company’s EBITDA margin improved to 11.97%, highlighting better operational efficiency.
Net profit stood at ₹130 million, translating to a 6.33% PAT margin. In the first half (H1), standalone revenue increased 24% to ₹3906 million, with an EBITDA margin of 12.88%.
Growth was primarily driven by the build-to-spec (BTS) business, catering to Defence and Space customers. This segment continues to strengthen Centum’s position in sectors marked by advanced technology and high entry barriers.
At the consolidated level, Q2 revenue grew 11.9% YoY to ₹2906 million. However, the EBITDA margin dropped to 6.16%, reflecting losses from subsidiaries. Consolidated PAT stood at ₹42 million, with a margin of 1.45%.
Among the company’s recent achievements, it has signed memoranda of understanding (MoUs) with Garden Reach Shipbuilders & Engineers (GRSE) to collaborate on navigation systems for the Indian Navy, and with Bharat Electronics Limited (BEL) to develop advanced defence electronics, including radar and electronic warfare systems.
The firm also delivered around 400 key modules for ISRO’s CMS-03 satellite mission. Centum stated that it is also assessing strategic actions for its European operations and progressing with the divestment of its Canadian business to streamline operations.
As of September 30, Centum’s consolidated order book stood at ₹18,151 million, providing solid revenue visibility.
