Centrum Capital financials and balance sheet

NSE: CENTRUMBSE: 501150FinanceSmall Cap

₹17.84₹0.33 (1.82%)BSE ₹17.57

Share price at the NSE close on 23 Oct 2026. Previous close ₹18.17.

52-week range of traded prices to 23 Oct 2026

₹17.12Low, 23 Oct 2026₹35.90High, 10 Nov 2025

Next results date: the board meets on 13 Nov 2026 to consider: financial results and other business matters.

Market cap: ₹889 Cr1,409th largest listed
P/E: Lossover the last 12 months
P/B: 2.9
Dividend yield: Nonein the last 12 months
ROE: −73.4%
ROE without one-offs: −141.4%
ROCE: 4.6%
Debt to equity: 12.19
Volume, NSE: 5,34,35445.2% delivered

10 years at a glance

Consolidated: the company and its subsidiaries together. ₹ crore, years to March.Centrum Capital annual reports

Revenue, net profit and borrowings, ₹ crore

Revenue
Net profit
Borrowings
Loss

A loss in 6 of the 10 years shown

Operating and net margin, per cent

Operating margin
Net margin

From Apr 2019 leases sit on the balance sheet: rent is charged as depreciation and interest instead, so operating profit and total assets step up with nothing about the business having changed. Borrowings here leave lease liabilities out.

The years either side of a change of basis do not compare. From the year to Mar 2026, the company's revenue for that year, ₹3,763 Cr, differs from its quarters added, ₹3,577 Cr.

Results for the year to Mar 2026

Consolidated: the company and its subsidiaries together. ₹ crore.

From revenue to net profit

Revenue3,763
Materials and goods−150
Employee costs−761
Other expenses−1,756
Operating profit1,097
Depreciation−148
Other income+364
One-off items+201
Finance costs−1,767
Profit before tax−253
Tax−28
Net profit−281

What the company owns

Plant, investments and other assets₹19,568 Cr
Cash and bank₹1,284 Cr
Current investments₹574 Cr
Receivables₹58 Cr

What pays for it: net worth and liabilities

Borrowings₹16,058 Cr
Other liabilities₹3,892 Cr
Net worth₹1,318 Cr
Owed to suppliers₹215 Cr

Centrum Capital business segments, year to Mar 2026

A reportable segment is a line of business the company must report on its own. Consolidated, ₹ crore, as the company reports them. A segment at a loss has no share of profit.Centrum Capital segment results by quarter

Revenue by segment

₹3,356 CrTotal

Banking Business₹2,829 Cr84.3% of total
Housing Finance₹206 Cr6.1% of total
Wealth Management and Distribution₹172 Cr5.1% of total
Institutional Business₹149 Cr4.4% of total

Segment results by year

Consolidated, ₹ crore, years to March.

Banking Business
Revenue, ₹ crore
145
785
1,566
2,762
2,829
Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
−79
−115
18
13
−306
Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Housing Finance
Revenue, ₹ crore
52
68
71
93
175
214
206
Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
3
15
17
12
17
26
−7
Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Wealth Management and Distribution
Revenue, ₹ crore
139
120
232
230
168
209
172
Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
−11
1
51
57
3
3
−5
Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Institutional Business
Revenue, ₹ crore
38
66
82
73
115
142
149
Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
−16
−6
−6
−31
−12
−15
−15
Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26

₹ crore	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue of all businesses	464	494	662	1,181	2,025	3,327	3,356
Company revenue, as in its results	470	500	684	1,310	2,207	3,493	3,763
Revenue	–	–	145	785	1,566	2,762	2,829
Revenue growth	–	–	–	443.3%	99.5%	76.4%	2.4%
Profit	–	–	−79	−115	18	13	−306
Profit growth	–	–	–	–	–	−24.9%	–
Margin	–	–	−55.0%	−14.6%	1.1%	0.5%	−10.8%
Return on capital	–	–	−8.6%	−6.7%	1.0%	0.7%	−19.7%
Assets	–	–	9,916	9,238	14,496	19,362	19,682
Liabilities	–	–	8,991	7,529	12,744	17,527	18,126
Capital employed	–	–	926	1,709	1,752	1,834	1,556
Revenue	52	68	71	93	175	214	206
Revenue growth	–	30.6%	4.4%	30.6%	88.6%	22.2%	−3.6%
Profit	3	15	17	12	17	26	−7
Profit growth	–	487.4%	11.4%	−27.3%	39.6%	52.4%	–
Margin	5.0%	22.4%	24.0%	13.3%	9.9%	12.3%	−3.5%
Return on capital	0.7%	3.8%	4.1%	2.9%	3.8%	5.5%	–
Assets	619	671	696	1,216	1,489	1,661	0
Liabilities	232	270	279	785	1,035	1,186	0
Capital employed	387	401	417	431	455	475	0
Revenue	139	120	232	230	168	209	172
Revenue growth	–	−13.5%	92.5%	−1.0%	−26.7%	24.3%	−17.7%
Profit	−11	1	51	57	3	3	−5
Profit growth	–	–	3,327.9%	11.9%	−95.0%	12.8%	–
Margin	−7.9%	1.2%	21.8%	24.7%	1.7%	1.5%	−2.8%
Return on capital	–	–	335.1%	73.3%	3.4%	3.5%	−5.4%
Assets	243	168	166	238	135	150	141
Liabilities	276	192	151	160	52	58	52
Capital employed	−33	−23	15	77	83	92	89
Revenue	38	66	82	73	115	142	149
Revenue growth	–	72.4%	24.0%	−11.0%	58.1%	22.8%	5.0%
Profit	−16	−6	−6	−31	−12	−15	−15
Margin	−40.8%	−8.7%	−6.9%	−42.0%	−10.6%	−10.8%	−10.1%
Return on capital	−33.7%	−16.2%	−22.0%	−212.9%	−25.7%	−23.7%	−39.9%
Assets	74	46	34	47	177	171	56
Liabilities	28	10	8	33	129	106	19
Capital employed	46	36	26	14	48	65	38
Revenue	234	240	132	0	–	–	–
Revenue growth	–	2.5%	−44.9%	−100.0%	–	–	–
Profit	16	3	−5	0	–	–	–
Profit growth	–	−78.6%	–	–	–	–	–
Margin	6.9%	1.4%	−4.0%	–	–	–	–
Return on capital	4.6%	0.9%	–	–	–	–	–
Assets	1,571	1,658	0	0	–	–	–
Liabilities	1,216	1,276	0	0	–	–	–
Capital employed	355	382	0	0	–	–	–
	0	–	–	–	–	–	–
Profit	68	–	–	–	–	–	–
Assets	0	–	–	–	–	–	–
Liabilities	0	–	–	–	–	–	–
Capital employed	0	–	–	–	–	–	–
Revenue	94	100	139	190	269	278	526
Profit	−12	64	−53	9	63	13	175
Assets	1,693	1,877	3,320	2,838	2,838	3,229	3,898
Liabilities	685	914	1,283	1,734	1,855	2,478	2,813
Revenue	−88	−94	−117	−61	−87	−111	−119
Profit	−6	−30	−24	−1	−14	−27	−37
Assets	−1,271	−1,259	−1,637	−1,837	−1,750	−1,982	−2,295
Liabilities	−325	−278	−206	−377	−172	−392	−845
	–	–	–	–	–	–	0
Profit	–	–	–	–	–	–	201
Assets	–	–	–	–	–	–	0
Liabilities	–	–	–	–	–	–	0

Profit is before tax and finance costs, the way companies report their segments.

Profit and loss

Consolidated, ₹ crore, years to March.Centrum Capital quarterly results

₹ crore	Mar 2017	Mar 2018	Mar 2019Filed 30 May	Mar 2020Filed 26 Jun	Mar 2021Filed 23 Jun	Mar 2022Filed 31 May	Mar 2023Filed 19 May	Mar 2024Filed 29 May	Mar 2025Filed 16 May	Mar 2026Filed 21 May
Revenue from operations	6,863	9,884	377	470	500	684	1,310	2,207	3,493	3,763
	6,865	9,751	–	–	–	–	–	–	–	2,666
Materials and goods bought	–	9,345	1	0	0	58	84	115	116	150
Employee costs	–	–	–	–	–	–	–	–	–	761
Other expenses	–	–	–	–	–	–	–	–	–	1,756
Operating profit before depreciation	−2	133	–	–	–	–	–	–	–	1,097
Operating margin	0.0%	1.3%	–	–	–	–	–	–	–	29.1%
Materials, % of revenue	–	–	–	–	–	–	–	–	–	4.0%
Employee costs, % of revenue	–	–	–	–	–	–	–	–	–	20.2%
Other expenses, % of revenue	–	–	–	–	–	–	–	–	–	46.7%
Depreciation and amortisation	7	8	–	20	19	21	38	71	111	148
Operating profit after depreciation	−8	125	–	–	–	–	–	–	–	949
Other income	132	51	18	11	13	20	55	32	168	364
Finance costs	48	96	154	199	238	330	636	1,022	1,564	1,767
Profit before one-off items and tax	76	80	−260	−55	−32	−184	−179	−109	−188	−454
One-off items	0	0	–	68	0	0	0	2	0	201
Profit before tax	76	80	167	13	−32	−184	−179	−107	−188	−253
	30	38	–	12	10	6	4	−36	−40	28
Current tax	–	–	–	−6	11	6	15	4	10	37
Deferred tax	–	–	–	18	−1	0	−11	−40	−50	−9
Share of profit of joint ventures and associates	–	–	−1	–	–	–	–	–	–	–
	30	32	73	1	−42	−190	−183	−71	−149	−281
Belonging to the company's shareholders	30	32	73	14	−47	−177	−150	−99	−187	−138
Belonging to outside owners of subsidiaries	–	–	–	−14	5	−13	−33	28	39	−143
Other comprehensive income	–	–	–	0	−1	−4	1	−1	0	2
Total comprehensive income	–	–	–	0	−42	−194	−182	−73	−148	−280
Net margin	0.4%	0.3%	19.5%	0.2%	−8.4%	−27.8%	−14.0%	−3.2%	−4.3%	−7.5%
Net margin without joint ventures and associates	–	–	19.7%	–	–	–	–	–	–	–

Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2017 and Mar 2018 they do not, so they are left blank. Tax is left blank for the year to Mar 2019: profit before tax less the tax charge stated does not come to the profit after tax the same statement states, so the tax charge is not shown. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2019: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2020, Mar 2021, Mar 2022, Mar 2023, Mar 2024 and Mar 2025: borrowing is this company's raw material rather than a claim against it, and it has no trading cycle, so netting its debt against its cash, adding its interest bill back to its profit or counting days of inventory are not figures about it.

Balance sheet

Consolidated, ₹ crore, at 31 March.

₹ crore	Mar 2019Filed 30 May	Mar 2020Filed 26 Jun	Mar 2021Filed 23 Jun	Mar 2022Filed 31 May	Mar 2023Filed 19 May	Mar 2024Filed 29 May	Mar 2025Filed 16 May	Mar 2026Filed 21 May
	729	817	776	1,989	1,876	1,743	1,626	1,318
	675	622	580	675	593	441	279	312
Share capital	–	42	42	42	42	42	42	49
Reserves	–	580	538	633	552	399	238	263
Belonging to outside owners of subsidiaries	53	195	197	1,315	1,283	1,302	1,346	1,006
	1,361	1,734	1,925	6,114	2,653	4,364	4,307	16,058
Repayable after a year	955	–	–	–	–	–	–	6,409
Repayable within a year	405	–	–	–	–	–	–	9,649
	1,037	–	–	–	–	–	–	11,171
Trade payables	–	–	–	–	–	–	–	215
Other financial liabilities	–	–	–	–	–	–	–	996
Other liabilities	566	–	–	–	–	–	–	204
Provisions	20	–	–	–	–	–	–	107
	1,099	–	–	–	–	–	–	8,994
Other financial liabilities	–	–	–	–	–	–	–	2,579
Other liabilities	133	–	–	–	–	–	–	–
Provisions	10	–	–	–	–	–	–	6
Total assets	2,864	2,929	3,160	12,495	11,740	17,384	22,589	21,483
	1,058	–	–	–	–	–	–	14,353
Plant in use, after depreciation	180	29	58	316	445	578	866	808
Plant being built	–	0	0	30	3	4	129	153
Intangible assets	148	–	–	–	–	–	–	132
Goodwill	–	–	–	–	–	–	–	48
Intangible assets being developed	–	–	–	–	–	–	–	10
Investments	57	–	–	–	–	–	–	3,584
Loans given	781	–	–	–	–	–	–	8,537
Other financial assets	–	–	–	–	–	–	–	124
Deferred tax	28	–	–	–	–	–	–	863
Other assets	11	–	–	–	–	–	–	92
	1,807	–	–	–	–	–	–	7,130
Inventories	66	0	0	0	0	0	0	0
Trade receivables	93	–	–	–	–	–	–	58
Cash and cash equivalents	217	169	209	4,399	599	670	908	987
Other bank balances	44	222	263	232	182	125	548	297
Current investments	47	–	–	–	–	–	–	574
Loans given	1,239	–	–	–	–	–	–	4,580
Other financial assets	–	–	–	–	–	–	–	146
Tax paid in advance	–	–	–	–	–	–	–	68
Other assets	101	–	–	–	–	–	–	420
Net debt	1,053	–	–	–	–	–	–	14,200

Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there. Net debt is left blank for the years to Mar 2020, Mar 2021, Mar 2022, Mar 2023, Mar 2024 and Mar 2025: borrowing is this company's raw material rather than a claim against it, and it has no trading cycle, so netting its debt against its cash, adding its interest bill back to its profit or counting days of inventory are not figures about it.

Cash flow

Consolidated, ₹ crore, years to March.

₹ crore	Mar 2021Filed 23 Jun	Mar 2022Filed 31 May	Mar 2023Filed 19 May	Mar 2024Filed 29 May	Mar 2025Filed 16 May	Mar 2026Filed 21 May
	−40	−544	−4,054	120	2,532	−1,814
	–	–	–	–	–	−1,771
	–	–	–	–	–	−2,395
Receivables	–	–	–	–	–	5
Payables	–	–	–	–	–	17
Other working capital	–	–	–	–	–	−2,416
Tax paid	–	–	–	–	–	−43
Capital spending	5	48	22	102	288	231
Free cash flow	−46	−592	−4,076	18	2,244	−2,045
	−56	−286	142	−1,550	−1,704	1,459
Plant and property sold	–	–	–	–	–	0
Interest received	–	–	–	–	–	4
	137	5,019	112	1,501	−590	436
Borrowings raised	–	–	–	–	–	493
Interest paid	–	–	–	–	–	−267
Lease payments	–	–	–	–	–	−52
Dividends paid	0	0	0	0	0	0
Shares bought back	0	0	0	0	0	0
Shares issued	0	0	0	2	5	262
Net change in cash	40	4,190	−3,800	71	238	80

Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Consolidated, ₹ per share, years to March.Centrum Capital dividend history

₹ per share	Mar 2017	Mar 2018	Mar 2019Filed 30 May	Mar 2020Filed 26 Jun	Mar 2021Filed 23 Jun	Mar 2022Filed 31 May	Mar 2023Filed 19 May	Mar 2024Filed 29 May	Mar 2025Filed 16 May	Mar 2026Filed 21 May
Earnings per share	₹0.72	₹0.77	₹1.77	₹0.35	−₹1.13	−₹4.25	−₹3.60	−₹2.39	−₹4.51	−₹3.13
Diluted earnings per share	₹0.72	₹0.77	₹1.77	₹0.35	−₹1.13	−₹4.25	−₹3.60	−₹2.39	−₹4.51	−₹3.10
Dividend per share	–	–	₹0.05	–	–	–	–	–	–	–
Book value per share	–	–	₹16.23	₹14.94	₹13.93	₹16.22	₹14.26	₹10.59	₹6.71	₹6.40
Dividend payout	–	–	2.8%	–	–	–	–	–	–	–
Shareholder yield	–	–	–	–	0.0%	0.0%	0.0%	−0.2%	−0.6%	−20.7%
Market cap at the year end (₹ crore)	1,454	2,609	1,325	377	1,171	1,075	786	1,188	971	1,268

Ratios

Consolidated, years to March.Centrum Capital PE ratio and valuation

Ratio	Mar 2018	Mar 2019Filed 30 May	Mar 2020Filed 26 Jun	Mar 2021Filed 23 Jun	Mar 2022Filed 31 May	Mar 2023Filed 19 May	Mar 2024Filed 29 May	Mar 2025Filed 16 May	Mar 2026Filed 21 May
Revenue growth	44.0%	−96.2%	24.5%	6.5%	36.7%	91.6%	68.5%	58.3%	–
Net profit growth	6.1%	130.6%	−99.0%	–	–	–	–	–	–
Earnings per share growth	6.9%	129.9%	−80.2%	–	–	–	–	–	–
	–	10.9%	2.2%	−7.8%	−28.2%	−23.6%	−19.2%	−52.1%	−46.8%
	–	–	−8.7 pts	−10.0 pts	−20.4 pts	4.6 pts	4.4 pts	−32.9 pts	5.3 pts
From the net margin	–	–	−9.2 pts	−9.0 pts	−13.7 pts	15.7 pts	14.3 pts	−3.7 pts	16.4 pts
From asset turnover	–	–	0.4 pts	−0.1 pts	10.1 pts	−3.0 pts	−3.7 pts	−3.5 pts	0.8 pts
From borrowing	–	–	0.1 pts	−0.9 pts	−16.7 pts	−8.2 pts	−6.2 pts	−25.7 pts	−12.0 pts
Return on capital employed	–	–	–	–	–	–	–	–	5.5%
Interest cover	1.3	–	–	–	–	–	–	–	0.5
Debt to equity	–	1.87	–	–	–	–	–	–	12.19
Receivable days	–	90	–	–	–	–	–	–	6
Inventory days	–	16,541	–	–	–	–	–	–	0
Payable days	–	–	–	–	–	–	–	–	524
Cash conversion cycle, days	–	–	–	–	–	–	–	–	−519
Working capital days	–	839	–	–	–	–	–	–	364
Asset turnover	–	0.13	0.16	0.16	0.09	0.11	0.15	0.17	0.17
Assets per rupee of net worth	–	4.24	4.47	5.07	12.48	19.11	28.17	55.53	74.58
Sales per rupee of plant	–	2.10	–	–	–	–	–	–	4.65
Capital spending to depreciation	–	–	–	0.28	2.24	0.57	1.43	2.59	1.56
Plant being built, % of plant in use	–	–	0.0%	0.1%	9.6%	0.8%	0.6%	14.9%	19.0%

Interest cover is left blank for the year to Mar 2017: operating profit after depreciation is a loss, and a loss covers no interest bill. Debt to equity, interest cover, receivable days, inventory days, payable days, cash conversion cycle, days, return on capital employed and working capital days are left blank for the years to Mar 2020, Mar 2021, Mar 2022, Mar 2023, Mar 2024 and Mar 2025: borrowing is this company's raw material rather than a claim against it, and it has no trading cycle, so netting its debt against its cash, adding its interest bill back to its profit or counting days of inventory are not figures about it. Revenue growth is left blank for the year to Mar 2026: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Consolidated: the company and its subsidiaries together. Each window ends with the year to Mar 2026.

Return on assets, latest year: −0.6%
Cash from operations against operating profit: −165.4%

Measure	10 years	5 years	3 years
Revenue growth, yearly rate	–	49.7%	42.1%
Return on equity, average	–	−34.0%	−39.4%
Net margin, average	−4.5%	−11.3%	−5.0%
Asset turnover, average	–	0.14	0.17

Where the cash came from and went

Consolidated: the company and its subsidiaries together. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore	5 years	3 years	Latest year
Cash from operations	−3,760	838	−1,814
Cash from investing	−1,940	−1,796	1,459
Cash from financing	6,478	1,347	436
Capital spending	691	621	231
Dividends paid	0	0	0
Shares bought back	0	0	0
Shares issued for cash	269	269	262
Borrowings raised	–	–	493
Borrowings repaid	–	–	0

Accounting checks

Consolidated, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

Check	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets	–	–	–	–	1.80	8.17	30.77	9.33	−4.89	0.34
Inventory growth less cost-of-goods growthOur threshold 0 percentage points	–	–	–	0.00	–	–	–	–	–	–
Assets under construction, years of additionsOur threshold 2 years of additions	–	–	–	–	0.00	0.11	0.02	0.02	0.32	1.70
Effective tax ratePublished threshold 17.16 per cent	39.82	47.94	52.97	94.35	–	–	–	–	–	–

A threshold marked as ours has no published figure; it is the line we read the check against.