Centrum Capital Limited (CENTRUM) AI Stock Analysis

Centrum Capital Limited

(NSE:CENTRUM)

Select Model

Rating:37Underperform

Price Target:INR 16.50▼(-12.19% Downside)

Action:downgraded

Date:10/02/26

The overall score is at the minimum of 37, driven by uniformly critical weaknesses. The company's financial foundation is severely compromised by extreme leverage and negative cash flows, despite top-line growth. This is compounded by a bearish technical trend and a negative P/E ratio with no dividend. The combination of high solvency risk, lack of profitability, and weak market momentum presents a highly unfavorable risk profile.

Positive Factors

Revenue GrowthStrong and accelerating revenue growth indicates expanding business activity across Centrum’s financial-services operations. If sustained, higher transaction and advisory volumes can broaden the earnings base and provide greater operating scale, even though profitability has not yet followed.

Negative Factors

Extremely High LeverageThe sharp increase in leverage leaves Centrum with a very thin equity cushion against earnings volatility or asset-quality shocks. A debt-to-equity ratio near 52x can constrain financial flexibility, increase balance-sheet sensitivity, and make future growth more dependent on stable funding conditions.

Centrum Capital Limited (CENTRUM) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 8.97B
Dividend Yield: ―
Average Volume (3M): 40.44K
Price to Earnings (P/E): -3.8
Beta (1Y): 1.01
Revenue Growth: 6.44%
EPS Growth: -74.59%
Country: India
Employees: 5,000
Sector: General
Sector Strength: 55
Industry: Financial - Conglomerates

Centrum Capital Limited Business Overview & Revenue Model

Company Description

Centrum Capital Limited, along with its subsidiaries, is a diversified financial services provider catering to both institutional and individual clients primarily within India. The company's operations are strategically divided into five core segment...

How the Company Makes Money

Centrum Capital Limited primarily makes money by earning fees and commissions for financial intermediation and advisory work. Key revenue streams typically include: (1) advisory and transaction fees for services such as corporate finance/investment b...

Centrum Capital Limited Financial Statement Overview

Summary

Revenue growth is strong, but the company remains unprofitable with volatile EBIT margins. The balance sheet is critically leveraged (D/E 51.5) with eroded equity, and cash flows are deeply negative and inconsistent. Overall financial health is fragile, justifying the lowest possible score.

Income Statement

38Negative

Balance Sheet

12Very Negative

Cash Flow

22Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	39.68B	43.33B	26.93B	20.36B	12.14B	6.68B
Gross Profit	20.95B	21.20B	14.71B	9.47B	4.59B	815.37M
EBITDA	2.88B	-1.05B	11.19B	6.12B	2.48B	-1.10B
Net Income	-2.17B	-1.38B	-1.87B	-993.49M	-1.50B	-1.77B
Balance Sheet
Total Assets	0	214.83B	225.89B	173.84B	117.40B	124.95B
Cash, Cash Equivalents and Short-Term Investments	0	18.57B	43.83B	6.70B	7.80B	51.57B
Total Debt	0	160.58B	43.07B	43.64B	26.53B	22.76B
Total Liabilities	-13.18B	201.65B	209.64B	156.41B	98.64B	105.06B
Stockholders Equity	13.18B	3.12B	2.79B	4.41B	5.93B	6.75B
Cash Flow
Free Cash Flow	-5.67B	-25.02B	21.18B	176.71M	-40.79B	-5.92B
Operating Cash Flow	-4.66B	-22.71B	25.32B	1.20B	-40.54B	-5.44B
Investing Cash Flow	-2.98B	14.71B	-17.08B	-15.50B	1.42B	-2.86B
Financing Cash Flow	6.52B	7.03B	-5.87B	15.03B	970.59M	45.75B

Centrum Capital Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price18.79

Price Trends

50DMA20.97Negative

100DMA22.39Negative

200DMA23.61Negative

Market Momentum

MACD-0.70Negative

RSI43.11Neutral

STOCH70.26Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CENTRUM, the sentiment is Negative. The current price of 18.79 is below the 20-day moving average (MA) of 19.09, below the 50-day MA of 20.97, and below the 200-day MA of 23.61, indicating a bearish trend. The MACD of -0.70 indicates Negative momentum. The RSI at 43.11 is Neutral, neither overbought nor oversold. The STOCH value of 70.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:CENTRUM.

Centrum Capital Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:CENTRUM against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:DAMCAPITAL	74Outperform	INR 9.04B	12.45	―	0.78%	―	―
IN:ABCAPITAL	71Outperform	INR 1.00T	23.61	―	―	23.77%	36.61%
IN:5PAISA	65Neutral	INR 10.12B	28.05	―	―	8.94%	-23.92%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:JPOLYINVST	54Neutral	INR 9.38B	1.15	―	―	3151.96%	167.20%
IN:CENTRUM	37Underperform	INR 9.15B	-3.84	―	―	6.44%	-74.59%

* General Sector Average

Performance Comparison

IN:CENTRUM and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:CENTRUM	Centrum Capital Limited	18.79	-14.35	-43.30%
IN:5PAISA	5paisa Capital Ltd.	323.90	12.35	3.96%
IN:ABCAPITAL	Aditya Birla Capital Ltd.	366.30	32.10	9.61%
IN:JPOLYINVST	Jindal Poly Investment and Finance Co. Ltd.	892.15	-87.25	-8.91%
IN:DAMCAPITAL	DAM Capital Advisors Ltd.	127.85	-118.78	-48.16%
IN:AKCAPIT	A. K. Capital Services Ltd.	1730.00	560.78	47.96%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 02, 2026

Centrum Capital Limited AI Stock Analysis