14 Nov 2025 | 5 Mins Read
Choice recommends buying Centum Electronics with a target of Rs 3000
Flipitmoney
Centum Electronics reported Q2FY26 revenue growth of 14.2% YoY, mostly driven by domestic defence and space customers. A healthy order pipeline of INR 1,413 Cr is expected to boost performance. Strategic partnerships have strengthened CTE's position, and a 30% H2FY26 revenue growth is expected, with a full-year EBITDA margin of 13-15%. A BUY rating with a target price of INR 3000 is maintained.