Page 1 of 6

Centum Electronics Limited

Regd. Office: No. 44, KHB Industrial Area, Yelahanka New Township, Bangalore - 560 106
Website : www.centumelectronics.com CIN - L85110KA1993PLC013869
Statement of consolidated unaudited results for the quarter and half year ended 30 September 2016
Quarter ended
2016
Sl.
No.

Particulars

Income from operations

a) Net sales / income from operation (net of excise duty)
b) Other operating income
Total income from operations (net)
Expenses
a) Cost of materials consumed
b) Changes in inventories of work-in-progress
c) Employees benefits expense
d) Depreciation and amortisation expense
e) Other expenses
Total expenses
Profit/ (loss) from operations before other income, finance
costs and exceptional items

(Rs in lakhs, except as otherwise stated)

Half year ended
Year ended
2016
2015
2016

2015

30-September

30-June

30-September

30-September

30-September

31-March

Unaudited

Unaudited

Unaudited

Unaudited

Unaudited

Audited

19,044.74

10,417.30

9,855.57

29,462.04

18,624.30

40,448.14

19,044.74

10,417.30

9,855.57

29,462.04

18,624.30

40,448.14

10,827.68
(1,771.90)
7,279.95
716.07
2,437.67
19,489.47
(444.73)

8,951.21
(2,478.66)
1,461.13
435.17
1,354.40
9,723.25
694.05

5,300.40
1,146.13
1,166.60
394.03
1,230.48
9,237.64
617.93

19,778.89
(4,250.56)
8,741.08
1,151.24
3,792.07
29,212.72
249.32

11,613.07
(100.48)
2,428.09
784.69
2,212.57
16,937.94
1,686.36

25,661.23
115.01
5,388.29
1,664.89
4,465.32
37,294.74
3,153.40

4
5

Other income
Profit/ (loss) from ordinary activities before finance costs
and exceptional items

1,981.62
1,536.89

164.85
858.90

113.61
731.54

2,146.47
2,395.79

366.88
2,053.24

841.14
3,994.54

6
7

Finance costs
Profit/ (loss) from ordinary activities after finance costs but
before exceptional items

313.92
1,222.97

87.98
770.92

98.82
632.72

401.90
1,993.89

189.26
1,863.98

403.49
3,591.05

8
9
10
11
12
13
14
15

Exceptional items
Profit / (loss) from ordinary activities before tax
Tax expense
Net profit / (loss) from ordinary activities after tax
Extraordinary items
Net profit / (loss) for the period
Minority interest in subsidiary profit / (loss)
Net profit / (loss) from ordinary activities after tax and
minority interest

1,222.97

391.19
379.73

632.72

391.19
1,602.70

1,863.98

3,591.05

94.74
284.99
284.99
21.45

178.11
454.61
454.61
(29.08)

562.66
1,040.04
1,040.04
(114.07)

554.67
1,309.31
1,309.31
(19.58)

1,007.61
2,583.44
2,583.44
(42.62)

890.57

263.54

483.69

1,154.11

1,328.89

2,626.06

16
17

Paid-up equity share capital (Face value of Rs 10 each)

Reserve excluding revaluation reserves as per balance
sheet of previous accounting year

1,271.21
-

1,270.81
-

1,260.55
-

1,271.21

1,260.55

1,266.09
17,854.61

7.01
6.91

2.08
2.05

3.84
3.75

9.12
9.00

10.55
10.32

20.81
20.44

7.01
6.91

2.08
2.05

3.84
3.75

9.12
9.00

10.55
10.32

20.81
20.44

467.92
755.05
755.05
(135.52)

18 a) Earnings / (loss) per share (before extraordinary item) (of

Rs.10 each, not annualised)(except 31-March)
Basic (in Rs.)
Diluted (in Rs.)
b) Earnings / (loss) per share (before extraordinary item) (of
Rs.10 each, not annualised)(except 31-March)
Basic (in Rs.)
Diluted (in Rs.)

Digitally signed by MALLAVARAPU VENKATA APPARAO

Date: 2016.11.14 14:41:26 +05:30
Reason: Digitally signed as per Information Technology Act, 2000.
Location: Bangalore

Page 2 of 6

Statement of assets and liabilities is given below:

Particulars
EQUITY AND LIABILITIES
Shareholders' funds
Share capital
Reserves and surplus
Minority interest
Non-current liabilities
Long term borrowings
Long term provisions
Current liabilities
Short term borrowings
Trade payables
Other current liabilities
Short term provisions

ASSETS
Non-current assets
Fixed assets
Non-current investments
Deferred tax assets (net)
Long term loans and advances

Current assets
Inventories
Trade receivables
Cash and bank balances
Short-term loans and advances

(Rs in lakhs, except as otherwise stated)

As at
30 September
31 March
2016
2016
Unaudited
Audited

1,271.21
18,992.58
20,263.79

1,266.09
17,854.61
19,120.70

3,727.74

3,021.00

10,114.13
502.42
10,616.55

270.00
270.00

13,010.90
13,643.94
23,106.69
532.19
50,293.72

8,141.91
6,813.59
8,133.17
565.53
23,654.20

84,901.80

46,065.90

19,012.39
1,990.80
737.83
2,933.51
24,674.53

9,284.32
132.60
534.61
2,140.46
12,091.99

25,215.47
14,173.50
5,075.80
15,762.50
60,227.27

15,729.90
10,239.88
6,320.79
1,683.34
33,973.91

84,901.80
-

46,065.90
-

Page 3 of 6
Notes:
1

The above financial results have been reviewed and approved by the Board of Directors of the Company at their meeting held on 14 November 2016 . These results
includes the results of Company's subsidiaries, Centum Rakon India Private Limited, Centum Electronics UK Limited and step down subsidiaries of Centum Electronics
UK Limited.

The results for the quarter and half year ended 30 September 2016 have been subjected to a "Limited review" by the Statutory Auditor of the Company. An unqualified
review report has been issued by them thereon.

The Board of Directors of the Company has considered and approved the investment of 51% controlling stake in Adetel Group SA, France through Centum Electronics
UK Limited on 17 June 2016. The said transaction was completed on 04 July 2016. Consequent to the acquisition, the results of Adetel Group SA, France have been
consolidated in the current quarter. During the quarter ended 30 June 2016, the Company had incurred expenses amounting to Rs. 391.19 lakhs on account of
professional charges, travelling, finance costs etc. in connection with the said investment which is shown under exceptional items.

The Company including its subsidiaries are an integrated business unit which addresses the Electronics System Design & Manufacturing (ESDM). This is in context of
Accounting Standard 17 (AS-17) on Segmental Reporting, is considered to constitute one single primary segment.

Financial results for the quarter and half year ended (standalone information):

(Rs in lakhs, except as otherwise stated)

Quarter ended
2016

Particulars

a. Net sales / income from operation

b. Profit before tax
c. Profit after tax
d. Basic earning per share (In Rs.)
e. Diluted earning per share (In Rs.)
6

Half year ended

Year ended

2015

2016

2015

2016

30-September

30-June

30-September

30-September

30-September

31-March

Unaudited

Unaudited

Unaudited

Unaudited

Unaudited

Audited

10,572.14
1,444.20
996.07
7.84
7.73

8,677.77
323.51
241.51
1.90
1.88

7,808.41
731.29
513.62
4.08
3.98

19,249.91
1,767.71
1,237.58
9.78
9.65

14,617.07
2,521.40
1,921.56
15.26
14.92

33,166.89
4,319.17
3,240.67
25.69
25.23

Previous period's figures have been regrouped and reclassified, wherever necessary to conform to current period's presentation.
For Centum Electronics Limited

Place:
Date:

Bangalore
14 November 2016
Sd/Sd/Apparao V Mallavarapu
Chairman & Managing Director

Page 4 of 6
Centum Electronics Limited
Regd. Office: No. 44, KHB Industrial Area, Yelahanka New Township, Bangalore - 560 106
Website : www.centumelectronics.com CIN - L85110KA1993PLC013869
Statement of standalone unaudited results for the quarter and half year ended 30 September 2016
(Rs in lakhs, except as otherwise stated)
Quarter ended
Half year ended
Year ended
2016
2015
2016
2015
2016
Sl.
No.

Particulars

30-September

30-June

30-September

30-September

30-September

31-March

Unaudited

Unaudited

Unaudited

Unaudited

Unaudited

Audited

Income from operations

a) Net sales / income from operation (net of excise
duty)

10,572.14

8,677.77

7,808.41

19,249.91

14,617.07

33,166.89

b) Other operating income

Total income from operations (net)

10,572.14

8,677.77

7,808.41

19,249.91

14,617.07

33,166.89

7,187.37
(371.00)
1,225.61
185.74
845.44
9,073.16
1,498.98

7,700.66
(2,216.03)
1,201.53
179.53
1,127.43
7,993.12
684.65

4,437.48
622.47
909.91
131.47
1,020.32
7,121.65
686.76

14,888.03
(2,587.03)
2,427.14
365.27
1,972.87
17,066.28
2,183.63

9,666.26
(755.30)
1,902.82
260.10
1,765.12
12,839.00
1,778.07

22,041.45
(904.43)
4,381.29
623.63
3,578.76
29,720.70
3,446.19

Expenses
a) Cost of materials consumed
b) Changes in inventories of work-in-progress
c) Employees benefits expense
d) Depreciation and amortisation expense
e) Other expenses
Total expenses
Profit/ (loss) from operations before other income,
finance costs and exceptional items

4
5

Other income
Profit/ (loss) from ordinary activities before finance
costs and exceptional items

104.97
1,603.95

106.79
791.44

114.28
801.04

211.76
2,395.39

874.18
2,652.25

1,164.77
4,610.96

6
7

Finance costs
Profit/ (loss) from ordinary activities after finance costs
but before exceptional items

159.75
1,444.20

76.74
714.70

69.75
731.29

236.49
2,158.90

130.85
2,521.40

291.79
4,319.17

8
9
10
11
12
13
14
15

Exceptional items
Profit / (loss) from ordinary activities before tax
Tax expense
Net profit / (loss) from ordinary activities after tax
Extraordinary items
Net profit / (loss) for the period
Paid-up equity share capital (Face value of Rs 10 each)
Reserve excluding revaluation reserves as per balance
sheet of previous accounting year

1,444.20
448.13
996.07
996.07
1,271.21
-

391.19
323.51
82.00
241.51
241.51
1,270.81
-

731.29
217.67
513.62
513.62
1,260.55
-

391.19
1,767.71
530.13
1,237.58
1,237.58
1,271.21
-

2,521.40
599.84
1,921.56
1,921.56
1,260.55
-

4,319.17
1,078.50
3,240.67
3,240.67
1,266.09
14,812.97

16

a) Earnings / (loss) per share (before extraordinary

item)
(of Rs.10 each, not annualised)(except 31 st March)
1.90
1.88

4.08
3.98

9.78
9.65

15.26
14.92

25.69
25.23

1.90
1.88

4.08
3.98

9.78
9.65

15.26
14.92

25.69
25.23

Basic (in Rs.)

Diluted (in Rs.)
b) Earnings / (loss) per share (after extraordinary item)
(of Rs.10 each, not annualised) except 31 March)
Basic (in Rs.)
Diluted (in Rs.)

7.84
7.73

7.84
7.73

Digitally signed by MALLAVARAPU VENKATA APPARAO

Date: 2016.11.14 14:41:26 +05:30
Reason: Digitally signed as per Information Technology Act, 2000.
Location: Bangalore

Page 5 of 6
Statement of assets and liabilities is given below:

Particulars
EQUITY AND LIABILITIES
Shareholders' funds
Share capital
Reserves and surplus

Non-current liabilities
Long term borrowings
Long term provisions
Current liabilities
Short term borrowings
Trade payables
Other current liabilities
Short term provisions

ASSETS
Non-current assets
Fixed assets
Non-current investments
Deferred tax assets (net)
Long term loans and advances

Current assets
Inventories
Trade receivables
Cash and bank balances
Short-term loans and advances

(Rs in lakhs, except as otherwise stated)

As at
30 September
31 March
2016
2016
Unaudited
Audited

1,271.21
16,075.19
17,346.40

1,266.09
14,812.97
16,079.06

3,800.10
219.63
4,019.73

202.97
202.97

8,750.29
7,186.14
8,843.08
446.94
25,226.45

6,996.74
6,042.88
7,562.93
538.00
21,140.55

46,592.58

37,422.58

8,348.31
4,650.12
382.54
2,262.52
15,643.49

6,077.51
418.20
401.02
1,900.67
8,797.40

16,378.18
9,575.11
3,078.44
1,917.36
30,949.09

13,286.04
8,875.59
5,076.01
1,387.54
28,625.18

46,592.58

37,422.58

Page 6 of 6

Notes:
1

The above financial results have been reviewed and approved by the Board of Directors of the Company at their meeting held on 14 November 2016 .

The results for the quarter and half year ended 30 September 2016 have been subjected to a "Limited review" by the Statutory Auditor of the Company. An
unqualified review report has been issued by them thereon.

The Board of Directors of the Company has considered and approved the investment of 51% controlling stake in Adetel Group SA, France through Centum
Electronics UK Limited on 17 June 2016. The said transaction was completed on 04 July 2016. Consequent to the acquisition, Adetel Group SA, France and its
subsidiaries have become subsidiaries of the Company. During the quarter ended 30 June 2016, the Company had incurred expenses amounting to Rs.391.19
lakhs on account of professional charges, travelling, finance costs etc. in connection with the said investment which is shown under exceptional items.

The Company is an integrated business unit which addresses the Electronics System Design & Manufacturing (ESDM). This is in context of Accounting Standard
17 (AS-17) on Segmental Reporting, is considered to constitute one single primary segment.

Financial results for the quarter and half year and year ended (consolidated information):

(Rs in lakhs, except as otherwise stated)

Quarter ended
2016
Particulars

a. Net sales / income from operation

b. Profit from ordinary activities before tax
c. Profit after tax before minority interest
d. Profit after tax after minority interest
e. Basic earning per share (In Rs.)
f. Diluted earning per share (In Rs.)
6

Half year ended

Year ended

2015

2016

2015

2016

30-September

30-June

30-September

30-September

30-September

31-March

Unaudited

Unaudited

Unaudited

Unaudited

Unaudited

Audited

19,044.74
1,222.97
755.05
890.57

10,417.30
379.73
284.99
263.54

9,855.57
632.72
454.61
483.69

29,462.04
1,602.70
1,040.04
1,154.11

18,624.30
1,863.98
1,309.31
1,328.89

40,448.14
3,591.05
2,583.44
2,626.06

7.01
6.91

2.08
2.05

3.84
3.75

9.12
9.00

10.55
10.32

20.81
20.44

Previous period's figures have been regrouped and reclassified, wherever necessary to confirm to current period's presentation.

For Centum Electronics Limited

Place:
Date:

Bangalore
14 November 2016
Sd/Sd/Apparao V Mallavarapu
Chairman & Managing Director