Centum Electronics Ltd(NSE: CENTUM):
According to the cabinet decision, up to 74% FDI in satellite manufacturing, operation, and data products is allowed through automatic route.
Approval is required for more than 74% FDI in satellite manufacturing, operation, and data products. Up to 49% of FDI in satellite launch vehicles, space ports, and related systems can come through the automatic route.
Approval is required for more than 49% FDI in satellite launch vehicles, spaceports and related systems. 100% FDI for satellite components and user segments can come through the automatic route.
Action can be seen in the shares – Action can be seen in the shares of companies related to the space sector.
Companies supply equipment ranging from electronic components to metal gears for rocket communication and navigation.
shares of spacecraft supplier companies
Talking about the shares of spacecraft supplier companies, the industrial gas-providing company Linde India will be kept under eye.
The focus will also be on Centum Electronics, a company that provides vital modules and systems for space missions.
Similarly, a big impact can be seen in the shares of satellite communication provider Avantel. ISRO’s name is also included in the list of customers of this company.
Experts say that space companies can benefit. He says that in the future these companies may also get opportunities in global projects.
What Is FDI?
FDI means Foreign Direct Investment. If put in simple words, foreign investment.
Companies outside the country invest in India, that is, they open their company in India or invest in an Indian company, that is FDI. And FDI has a major share in Forex.
In this kind of situation, the choice will be very unique for companies. Foreign companies will come to India, investment will increase. Besides, job opportunities will also increase.
About Centum Electronics Ltd
Centum Electronics Limited is engaged in Electronic System Manufacturing Design and Design (ESDM).
It sells electronic systems subsystems, modules, assembled circuit boards as well as design and development services.
It also offers a wide range of testing and manufacturing solutions, such as box build PCBA, system integration & electromechanical assembly.
It offers services like Architecture, Feasibility and System development System simulation, aftermarket and Test tools design and qualification batch, test tool acceptance, Value engineering Obsolescence management and cost analysis.
Fundamental Analysis of Centum Electronics Ltd
| Market Cap | ₹ 2,251 Cr. |
| Current Price | ₹ 1,755 |
| 52-wk High | ₹ 1,948.65 |
| 52-wk Low | ₹497 |
| Stock P/E | 28.92 |
| Book Value | ₹ 158 |
| Dividend | 0.22 % |
| ROCE | 7.65 % |
| ROE | 3.23 % |
| Face Value | ₹ 10.0 |
| P/B Value | 11.0 |
| OPM | 10.6 % |
| EPS | ₹ 23.2 |
| Debt | ₹ 351 Cr. |
| Debt to Equity | 1.72 |
Centum Electronics Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹1800 | ₹1932 |
| 2025 | ₹2000 | ₹2232 |
| 2026 | ₹2432 | ₹2654 |
| 2027 | ₹2765 | ₹2865 |
| 2028 | ₹2900 | ₹3131 |
| 2029 | ₹3213 | ₹3423 |
| 2030 | ₹3546 | ₹3765 |
Centum Electronics Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 58.80% |
| Mar 2023 | 58.80% |
| June 2023 | 58.80% |
| Sept 2023 | 58.80% |
| Dec 2023 | 58.79% |
| FII Holding | |
| Dec 2022 | 0.03% |
| Mar 2023 | 0.08% |
| June 2023 | 0.11% |
| Sept 2023 | 0.48% |
| Dec 2023 | 0.38% |
| DII Holding | |
| Dec 2022 | 6.17% |
| Mar 2023 | 6.34% |
| June 2023 | 7.66% |
| Sept 2023 | 7.93% |
| Dec 2023 | 7.25% |
| Public Holding | |
| Dec 2022 | 34.99% |
| Mar 2023 | 34.78% |
| June 2023 | 33.42% |
| Sept 2023 | 32.78% |
| Dec 2023 | 33.57% |
Centum Electronics Ltd Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹930 Cr |
| 2020 | ₹883 Cr |
| 2021 | ₹817 Cr |
| 2022 | ₹780 Cr |
| 2023 | ₹1,110 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹27 Cr |
| 2020 | ₹16 Cr |
| 2021 | ₹12 Cr |
| 2022 | ₹-53 Cr |
| 2023 | ₹30 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 1.44 |
| 2020 | 1.33 |
| 2021 | 1.29 |
| 2022 | 1.34 |
| 2023 | 1.25 |
Last 10 Years’ Profit Growth:
| 10 Years: | -3% |
| 5 Years: | 20% |
| 3 Years: | -33% |
| Current Year: | 218% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 10% |
| 5 Years: | 7% |
| 3 Years: | 4% |
| Last Year: | 3% |
Sales Growth Over 10 Years:
| 10 Years: | 13% |
| 5 Years: | 3% |
| 3 Years: | 1% |
| Current Year: | 32% |
Conclusion
This article is a complete guide about Centum Electronics Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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