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Recent events
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Centum Electronics To Invest Up To 2 Million Euro In Centum T&S Group
March 19 (Reuters) - Centum Electronics Ltd CENT.NS:
CENTUM ELECTRONICS LTD - TO INVEST UP TO 2 MILLION EURO IN CENTUM T&S GROUP
Source text: ID:nBSEbKqNcs
Further company coverage: CENT.NS
(([email protected];))
March 19 (Reuters) - Centum Electronics Ltd CENT.NS:
CENTUM ELECTRONICS LTD - TO INVEST UP TO 2 MILLION EURO IN CENTUM T&S GROUP
Source text: ID:nBSEbKqNcs
Further company coverage: CENT.NS
(([email protected];))
Centum Electronics Says Floor Price For Issue Set At 1,219.65 Rupees Per Share
March 10 (Reuters) - Centum Electronics Ltd CENT.NS:
CENTUM ELECTRONICS LTD - FLOOR PRICE FOR ISSUE SET AT 1,219.65 RUPEES PER SHARE
Source text: ID:nBSEbM7Hr3
Further company coverage: CENT.NS
(([email protected];;))
March 10 (Reuters) - Centum Electronics Ltd CENT.NS:
CENTUM ELECTRONICS LTD - FLOOR PRICE FOR ISSUE SET AT 1,219.65 RUPEES PER SHARE
Source text: ID:nBSEbM7Hr3
Further company coverage: CENT.NS
(([email protected];;))
Centum Electronics Dec-Quarter Consol Loss After Tax 193 Million Rupees
Feb 14 (Reuters) - Centum Electronics Ltd CENT.NS:
DEC-QUARTER CONSOL LOSS AFTER TAX 193 MILLION RUPEES
DEC-QUARTER CONSOL TOTAL INCOME 2.84 BILLION RUPEES
Source text: [ID:]
Further company coverage: CENT.NS
(([email protected];))
Feb 14 (Reuters) - Centum Electronics Ltd CENT.NS:
DEC-QUARTER CONSOL LOSS AFTER TAX 193 MILLION RUPEES
DEC-QUARTER CONSOL TOTAL INCOME 2.84 BILLION RUPEES
Source text: [ID:]
Further company coverage: CENT.NS
(([email protected];))
Centum Electronics To Invest Up To 2 Mln Euros In Centum T&S Group SA
Jan 21 (Reuters) - Centum Electronics Ltd CENT.NS:
TO INVEST UP TO 2 MILLION EURO IN CENTUM T&S GROUP SA
Source text: ID:nNSE7GfBJF
Further company coverage: CENT.NS
(([email protected];;))
Jan 21 (Reuters) - Centum Electronics Ltd CENT.NS:
TO INVEST UP TO 2 MILLION EURO IN CENTUM T&S GROUP SA
Source text: ID:nNSE7GfBJF
Further company coverage: CENT.NS
(([email protected];;))
India's push for home-grown satellite constellation gets 30 aspirants
By Nivedita Bhattacharjee
BENGALURU, Dec 24 (Reuters) - Thirty Indian companies have answered the space regulator's call to build and operate constellations of Earth observation (EO) satellites in a groundbreaking private-public partnership to reduce the country's reliance on foreign data for defense, infrastructure management and other critical mapping needs.
"We have received 9 applications ... Each applicant represents a consortium, involving a total of 30 companies," said Pawan Goenka, chairman of the Indian National Space Promotion and Authorisation Centre, or IN-SPACe.
The regulator had sought "expressions of interest" (EoI) in July to build home-grown satellite constellations as part of a broader strategy to monetize the sector and ensure data sovereignty.
India is doubling down on its small satellite and data services market to carve out a leading role in the global commercialization of space. The market for such services, increasingly key for industries ranging from telecoms to climate monitoring, is projected to reach $45 billion by 2030.
The applicants for IN-SPACe's latest effort in this regard include startups such as Google-backed Pixxel and Baring Private Equity-backed SatSure, as well as larger entities like Tata Group's Tata Advanced Systems. The companies did not immediately respond to requests for comment.
Goenka said he expects technical evaluations to be completed by the end of January, after which a tender will be floated to determine the winning bidder.
IN-SPACe's eligibility criteria include applicants raising or investing at least 850 million rupees ($10 million) in space-related activities, having a valuation of 8.5 billion rupees, or a turnover of 2 billion rupees in the past three years.
They must also set up spacecraft control centres in India or partner with ground station service providers for operational needs.
The government plans to loan up to 3.5 billion to the winner, with private companies expected to cover the remaining costs, according to a source familiar with the matter.
Since opening the sector to private players in February, India has established a 10-billion-rupee venture fund to support space startups.
The country has also unveiled ambitious plans for crewed space exploration and a mission to Venus, but the primary focus remains on fostering commercial ventures and scaling up private sector participation.
India currently sources much of its EO data from foreign companies and agencies like the European Space Agency (ESA) and the Indian Space Research Organisation (ISRO).
IIFCL Projects Ltd, an advisory arm under the Ministry of Finance, is overseeing the bidding process.
($1 = 85.1920 Indian rupees)
(Reporting by Nivedita Bhattacharjee in Bengaluru; Editing by Savio D'Souza)
(([email protected]; Mobile: +91 9920455129; X: @tweetsfromnivi;))
By Nivedita Bhattacharjee
BENGALURU, Dec 24 (Reuters) - Thirty Indian companies have answered the space regulator's call to build and operate constellations of Earth observation (EO) satellites in a groundbreaking private-public partnership to reduce the country's reliance on foreign data for defense, infrastructure management and other critical mapping needs.
"We have received 9 applications ... Each applicant represents a consortium, involving a total of 30 companies," said Pawan Goenka, chairman of the Indian National Space Promotion and Authorisation Centre, or IN-SPACe.
The regulator had sought "expressions of interest" (EoI) in July to build home-grown satellite constellations as part of a broader strategy to monetize the sector and ensure data sovereignty.
India is doubling down on its small satellite and data services market to carve out a leading role in the global commercialization of space. The market for such services, increasingly key for industries ranging from telecoms to climate monitoring, is projected to reach $45 billion by 2030.
The applicants for IN-SPACe's latest effort in this regard include startups such as Google-backed Pixxel and Baring Private Equity-backed SatSure, as well as larger entities like Tata Group's Tata Advanced Systems. The companies did not immediately respond to requests for comment.
Goenka said he expects technical evaluations to be completed by the end of January, after which a tender will be floated to determine the winning bidder.
IN-SPACe's eligibility criteria include applicants raising or investing at least 850 million rupees ($10 million) in space-related activities, having a valuation of 8.5 billion rupees, or a turnover of 2 billion rupees in the past three years.
They must also set up spacecraft control centres in India or partner with ground station service providers for operational needs.
The government plans to loan up to 3.5 billion to the winner, with private companies expected to cover the remaining costs, according to a source familiar with the matter.
Since opening the sector to private players in February, India has established a 10-billion-rupee venture fund to support space startups.
The country has also unveiled ambitious plans for crewed space exploration and a mission to Venus, but the primary focus remains on fostering commercial ventures and scaling up private sector participation.
India currently sources much of its EO data from foreign companies and agencies like the European Space Agency (ESA) and the Indian Space Research Organisation (ISRO).
IIFCL Projects Ltd, an advisory arm under the Ministry of Finance, is overseeing the bidding process.
($1 = 85.1920 Indian rupees)
(Reporting by Nivedita Bhattacharjee in Bengaluru; Editing by Savio D'Souza)
(([email protected]; Mobile: +91 9920455129; X: @tweetsfromnivi;))
Centum Electronics To Consider Proposal For Raising Funds
Nov 7 (Reuters) - Centum Electronics Ltd CENT.NS:
CENTUM ELECTRONICS LTD - TO CONSIDER PROPOSAL FOR RAISING FUNDS
CENTUM ELECTRONICS- TO CONSIDER FUND RASE VIA QUALIFIED INSTITUTIONAL PLACEMENT OR OTHER MODES
Source text: ID:nBSEbQtyZM
Further company coverage: CENT.NS
(([email protected];))
Nov 7 (Reuters) - Centum Electronics Ltd CENT.NS:
CENTUM ELECTRONICS LTD - TO CONSIDER PROPOSAL FOR RAISING FUNDS
CENTUM ELECTRONICS- TO CONSIDER FUND RASE VIA QUALIFIED INSTITUTIONAL PLACEMENT OR OTHER MODES
Source text: ID:nBSEbQtyZM
Further company coverage: CENT.NS
(([email protected];))
India's Centum Electronics jumps after order win
** Shares of Centum Electronics Ltd CENT.NS rise as much as 4.8% to 1,786 rupees
** Electronic products maker got order from Defense Research and Development Organisation (DRDO) on Friday for about 1.10 bln rupees ($13.11 million)
** Stock on track to gain for 4th straight day
** More than 35,000 shares traded as of 1:06 p.m. IST, 1.9x their 30-day moving avg
** CENT last up 1.7%, adding to YTD gains of 28.5% so far
($1 = 83.8825 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Shares of Centum Electronics Ltd CENT.NS rise as much as 4.8% to 1,786 rupees
** Electronic products maker got order from Defense Research and Development Organisation (DRDO) on Friday for about 1.10 bln rupees ($13.11 million)
** Stock on track to gain for 4th straight day
** More than 35,000 shares traded as of 1:06 p.m. IST, 1.9x their 30-day moving avg
** CENT last up 1.7%, adding to YTD gains of 28.5% so far
($1 = 83.8825 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
Centum Electronics Gets Order From Defense Research And Development Organisation
March 5 (Reuters) - Centum Electronics Ltd CENT.NS:
CENTUM ELECTRONICS LTD - RECEIPT OF ORDER FROM DEFENSE RESEARCH AND DEVELOPMENT ORGANISATION
CENTUM ELECTRONICS LTD - RECEIPT OF ORDER WORH 1.87 BILLION RUPEES
Source text for Eikon: ID:nBSE3Jh3Wg
Further company coverage: CENT.NS
(([email protected];))
March 5 (Reuters) - Centum Electronics Ltd CENT.NS:
CENTUM ELECTRONICS LTD - RECEIPT OF ORDER FROM DEFENSE RESEARCH AND DEVELOPMENT ORGANISATION
CENTUM ELECTRONICS LTD - RECEIPT OF ORDER WORH 1.87 BILLION RUPEES
Source text for Eikon: ID:nBSE3Jh3Wg
Further company coverage: CENT.NS
(([email protected];))
Centum Electronics Says Making Further Investment Of Upto 3 Million Euro In Centum T&S Group SA
Feb 29 (Reuters) - Centum Electronics Ltd CENT.NS:
MAKING FURTHER INVESTMENT OF UPTO 3 MILLION EURO IN CENTUM T&S GROUP SA
INVESTMENT IN CENTUM T&S VIA CENTUM ELECTRONICS UK
Source text for Eikon: ID:nNSEbCLVQt
Further company coverage: CENT.NS
(([email protected];))
Feb 29 (Reuters) - Centum Electronics Ltd CENT.NS:
MAKING FURTHER INVESTMENT OF UPTO 3 MILLION EURO IN CENTUM T&S GROUP SA
INVESTMENT IN CENTUM T&S VIA CENTUM ELECTRONICS UK
Source text for Eikon: ID:nNSEbCLVQt
Further company coverage: CENT.NS
(([email protected];))
Centum Electronics Posts Dec-Quarter Consol PAT
Feb 7 (Reuters) - Centum Electronics Ltd CENT.NS:
CENTUM ELECTRONICS DEC-QUARTER CONSOL PAT 72.5 MILLION RUPEES VERSUS LOSS 96.7 MILLION RUPEES
CENTUM ELECTRONICS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.88 BILLION RUPEES VERSUS 1.89 BILLION RUPEES
CENTUM ELECTRONICS LTD - DIVIDEND 3 RUPEES PER SHR
Source text for Eikon: ID:nNSEbfnWzL
Further company coverage: CENT.NS
(([email protected];))
Feb 7 (Reuters) - Centum Electronics Ltd CENT.NS:
CENTUM ELECTRONICS DEC-QUARTER CONSOL PAT 72.5 MILLION RUPEES VERSUS LOSS 96.7 MILLION RUPEES
CENTUM ELECTRONICS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.88 BILLION RUPEES VERSUS 1.89 BILLION RUPEES
CENTUM ELECTRONICS LTD - DIVIDEND 3 RUPEES PER SHR
Source text for Eikon: ID:nNSEbfnWzL
Further company coverage: CENT.NS
(([email protected];))
Stocks linked to India's moon mission lift off
** Shares of cos linked to the Indian space agency's moon mission surge between 4%-18%, after the country landed its spacecraft on the lunar south pole
** Larsen & Toubro LART.NS and Centum Electronics CENT.NS, which supplied equipment, hit record highs
** Precision engineering firm MTAR Technologies MTAR.NS, which counts ISRO among its clients, jumped as much as 10% to its highest since Jan 5, 2022
** Paras Defence and Space Technologies PRAF.NS advanced 17.3%, while Indo National INNL.NS, which supplied four electronics components for the launch vehicle, jumped 5%
** India on Wednesday made history as its Chandrayaan-3 lander successfully touched down on the moon's south pole, thought to be a potential source of water and oxygen
(Reporting by Rama Venkat in Bengaluru)
** Shares of cos linked to the Indian space agency's moon mission surge between 4%-18%, after the country landed its spacecraft on the lunar south pole
** Larsen & Toubro LART.NS and Centum Electronics CENT.NS, which supplied equipment, hit record highs
** Precision engineering firm MTAR Technologies MTAR.NS, which counts ISRO among its clients, jumped as much as 10% to its highest since Jan 5, 2022
** Paras Defence and Space Technologies PRAF.NS advanced 17.3%, while Indo National INNL.NS, which supplied four electronics components for the launch vehicle, jumped 5%
** India on Wednesday made history as its Chandrayaan-3 lander successfully touched down on the moon's south pole, thought to be a potential source of water and oxygen
(Reporting by Rama Venkat in Bengaluru)
India's moon mission-linked companies gain ahead of landing attempt
BENGALURU, Aug 23 (Reuters) - Larsen & Toubro (L&T) LART.NS and other companies that supplied equipment and materials for India's mission to the moon jumped on Wednesday, hours before the country attempts to land a spacecraft on the lunar south pole.
The Indian Space Research Organisation's (ISRO) Chandrayaan-3 spacecraft will attempt to land on the lunar south pole at 6:04 p.m. IST (1234 GMT) on Wednesday, in a mission seen as crucial to lunar exploration and the country's standing as a space power.
The mission has received heightened attention after Russia's Luna-25 mission failed less than a week earlier.
Industrial conglomerate L&T, which manufactured some segments of the booster that launched the spacecraft, ended 1.5% on the day.
India's space center in Sriharikota also uses L&T's tracking radar used to monitor launch vehicles.
Alloy maker Mishra Dhatu Nigam MISR.NS, which supplied cobalt and nickel base alloys for the launch vehicle, jumped 3.4%, while Indo National INNL.NS, which supplied four electronics components for the launch vehicle, jumped 5%.
Precision engineering firm MTAR Technologies MTAR.NS, which counts ISRO among its clients, jumped nearly 5%, while Paras Defence and Space Technologies PRAF.NS added 5.4%.
Industrial gas firm Linde India LIND.NS climbed 3.2% and is up nearly 19% so far this week, while Centum Electronics CENT.NS, which supplied modules for the mission, surged 14.2%.
(Reporting by Chris Thomas in Bengaluru; Editing by Savio D'Souza)
(([email protected]; +91 80 6210 0487;))
BENGALURU, Aug 23 (Reuters) - Larsen & Toubro (L&T) LART.NS and other companies that supplied equipment and materials for India's mission to the moon jumped on Wednesday, hours before the country attempts to land a spacecraft on the lunar south pole.
The Indian Space Research Organisation's (ISRO) Chandrayaan-3 spacecraft will attempt to land on the lunar south pole at 6:04 p.m. IST (1234 GMT) on Wednesday, in a mission seen as crucial to lunar exploration and the country's standing as a space power.
The mission has received heightened attention after Russia's Luna-25 mission failed less than a week earlier.
Industrial conglomerate L&T, which manufactured some segments of the booster that launched the spacecraft, ended 1.5% on the day.
India's space center in Sriharikota also uses L&T's tracking radar used to monitor launch vehicles.
Alloy maker Mishra Dhatu Nigam MISR.NS, which supplied cobalt and nickel base alloys for the launch vehicle, jumped 3.4%, while Indo National INNL.NS, which supplied four electronics components for the launch vehicle, jumped 5%.
Precision engineering firm MTAR Technologies MTAR.NS, which counts ISRO among its clients, jumped nearly 5%, while Paras Defence and Space Technologies PRAF.NS added 5.4%.
Industrial gas firm Linde India LIND.NS climbed 3.2% and is up nearly 19% so far this week, while Centum Electronics CENT.NS, which supplied modules for the mission, surged 14.2%.
(Reporting by Chris Thomas in Bengaluru; Editing by Savio D'Souza)
(([email protected]; +91 80 6210 0487;))
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What does Centrum Electronics do?
Centum Electronics Limited specializes in providing mission critical services for Defence, Aerospace, Space, Medical, Transportation, and Industrial segments. They are a strategic supplier to global OEMs and public entities like Indian DPSUs, Ordinance Factories, DRDO, and ISRO.
Who are the competitors of Centrum Electronics?
Centrum Electronics major competitors are DCX Systems, Moschip Technologies, RIR Power Electronic, Apollo Micro Systems, Creative Newtech, TVS Electronics, Richa Info Systems. Market Cap of Centrum Electronics is ₹2,481 Crs. While the median market cap of its peers are ₹1,628 Crs.
Is Centrum Electronics financially stable compared to its competitors?
Centrum Electronics seems to be less financially stable compared to its competitors. Altman Z score of Centrum Electronics is 3.2 and is ranked 8 out of its 8 competitors.
Does Centrum Electronics pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Centrum Electronics latest dividend payout ratio is 435.65% and 3yr average dividend payout ratio is 244.08%
How has Centrum Electronics allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Inventory, Short Term Loans & Advances
How strong is Centrum Electronics balance sheet?
Balance sheet of Centrum Electronics is strong. But short term working capital might become an issue for this company.
Is the profitablity of Centrum Electronics improving?
No, profit is decreasing. The profit of Centrum Electronics is -₹30.35 Crs for TTM, ₹1.77 Crs for Mar 2024 and ₹9.82 Crs for Mar 2023.
Is the debt of Centrum Electronics increasing or decreasing?
Yes, The debt of Centrum Electronics is increasing. Latest debt of Centrum Electronics is ₹153 Crs as of Sep-24. This is greater than Mar-24 when it was ₹30.95 Crs.
Is Centrum Electronics stock expensive?
Centrum Electronics is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Centrum Electronics is 0.0, while 3 year average PE is 41.1. Also latest EV/EBITDA of Centrum Electronics is 35.93 while 3yr average is 18.68.
Has the share price of Centrum Electronics grown faster than its competition?
Centrum Electronics has given better returns compared to its competitors. Centrum Electronics has grown at ~47.39% over the last 2yrs while peers have grown at a median rate of 35.3%
Is the promoter bullish about Centrum Electronics?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Centrum Electronics is 51.52% and last quarter promoter holding is 58.75%
Are mutual funds buying/selling Centrum Electronics?
The mutual fund holding of Centrum Electronics is increasing. The current mutual fund holding in Centrum Electronics is 8.64% while previous quarter holding is 4.68%.