Here's why Centum Electronics are trading with gains of 5% on Thursday

Shares of Centum Electronics Ltd rose over 5% on Thursday after the company announced a strategic teaming agreement with Indra Air Traffic Inc, a global leader in defence, air traffic, and space technologies.

Under the partnership, both companies will jointly develop and manufacture advanced air navigation systems for the Indian naval forces.

The collaboration aims to strengthen operational readiness and deliver mission-critical, cutting-edge systems, with manufacturing to be undertaken in India.

The development comes as Centum continues to project strong growth for FY26. The company has maintained its standalone revenue guidance of 30% growth, with management confident of achieving the required 36% expansion in the second half.

Standalone EBITDA margins are expected to range between 13–15%, while consolidated revenue growth is pegged at 18%, with consolidated EBITDA margins of 12–13%.

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Centum ended Q2 FY26 with a robust order book of ₹1,815 crore on a consolidated basis and ₹1,417 crore standalone.

In H1 FY26, revenue grew 24% year-on-year to ₹391 crore, while EBITDA jumped 68% to ₹50 crore, lifting margins to 12.88%. Net profit surged 182% to ₹29 crore.

As of 2:25 pm, the stock traded at ₹2,386.10, up 4.83%, after hitting an intraday high of ₹2,431.90.