Centum Electronics credit rating upgraded after UK exit
pre-market1 source ↓written by the desknot a recommendation
- as of 30
- ₹1,797 cr
Centum Electronics Ltd received a credit rating upgrade from CARE, now rated BBB+ for long-term and A2 for short-term facilities. This follows the strategic exit from loss-making UK subsidiaries, enhancing financial health despite ongoing high working capital needs. The company reported an order book of ₹1,797 cr as of 30 June 2026, focusing on high-margin operations in India.
Not investment advice. For informational purposes only.