Kernex Microsystems (India) Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 43.5%)
- Efficient capital deployment (ROCE 47.8%)
- Attractively valued vs sector (P/E 16x vs industry 42.9x)
Concerns
- High premium to book value (P/B 12.8x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIPORTS Adani Ports and Special Economic Zone Limited | ₹1,707 | ₹3.9L Cr | 29.6 | 4.1 | 16.4 | 14.1 | 0.85 |
| INDIGO InterGlobe Aviation Limited | ₹4,977 | ₹1.9L Cr | 37.4 | 27.65 | -27.1 | 5.24 | 8.67 |
| GMRAIRPORT GMR AIRPORTS LIMITED | ₹97 | ₹1.0L Cr | 183 | -37.48 | — | 11.6 | -15.17 |
| JSWINFRA JSW Infrastructure Limited | ₹344 +1.10% | ₹78K Cr | 50 | 6.64 | 15.3 | 13.6 | 0.52 |
| CONCOR Container Corporation of India Limited | ₹508 | ₹39K Cr | 31.2 | 2.99 | 9.81 | 12.4 | 0.07 |
| DELHIVERY Delhivery Limited | ₹458 | ₹34K Cr | 288 | 3.55 | -0.21 | 1.01 | 0.17 |
| REDINGTON Redington Limited | ₹353 −3.41% | ₹29K Cr | 16.1 | 1.84 | 16.9 | 18.4 | 0.27 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
KERNEX · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 29.14% | 29.14% | 29.14% | 29.14% | 29.08% | 29.08% |
| FII | 0.01% | 0.01% | — | 0.49% | 1.16% | 0.07% |
| DII | 0.01% | 0.01% | — | 0.04% | 0.73% | 1.10% |
| Public | 70.79% | 70.77% | 70.78% | 70.26% | 68.96% | 69.68% |
| Govt | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% |
Corporate Events
To consider and approve the financial results for the period ended March 31, 2026 and other business matters
Annual General Meeting
Annual General Meeting
Latest News
All newsKernex Microsystems reports Q1FY26 financial results
*Kernex Microsystems reports Q1FY26 financial results* — The company has announced its financial results for the quarter ended June 30, 2026. While specific numbers were not detailed, the filing marks a key update for investors tracking the small-cap tech stock. Results may influence near-term trading momentum. 📊 *STOCKS:* $KERNEX | 🏢 *SECTOR:* Technology | #MEDIUMIMPACT #Earnings
Kernex wins new orders, informs exchange
*Kernex wins new orders, informs exchange*. Kernex Microsystems (India) Limited has received new orders, the company informed the exchange. The contract value and client details remain undisclosed. The development signals business momentum for the IT services player. 📊 *STOCKS:* $KERNEX | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #Orders
Kernex bags new orders, informs exchange
*Kernex bags new orders, informs exchange* Kernex Microsystems (India) Limited has received new orders, the company announced to the NSE. Specific **value** and **quantities** of the orders were not disclosed. This development indicates continued business activity and potential revenue inflow. 📊 *STOCKS:* KERNEX | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #orders
Kernex commissions Kavach system on North Central Railway
*Kernex commissions Kavach system on North Central Railway* — Kernex Microsystems has successfully commissioned its indigenously developed Kavach train protection system on the North Central Railway. This marks a significant milestone in India’s push for self-reliant railway safety tech. The deployment highlights Kernex’s growing role in national rail infrastructure modernization. 📊 *STOCKS:* KERNEX | 🏢 *SECTOR:* Orders | #MEDIUMIMPACT #RailwaySafety
Kernex Microsystems issues general updates to exchange
*Kernex Microsystems issues general updates to exchange*. The company informed the stock exchange about routine corporate updates, though specific details were not disclosed. Such filings typically include administrative or compliance-related information. No immediate financial impact is expected. 📊 *STOCKS:* $KERNEX | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CorporateUpdate
Kernex wins ₹66.62 cr order from ICF Chennai
*Kernex wins ₹66.62 cr order from ICF Chennai*. The order, awarded by Integral Coach Factory (ICF), Chennai, boosts Kernex Microsystems’ order book. This contract strengthens its position in the rail electronics segment. The value of **₹66.62 crores** is expected to contribute to revenue in the coming quarters. 📊 *STOCKS:* $KERNEX | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #OrderWin
Kernex gets ₹100.53 crore order for tech solutions
*Kernex gets ₹100.53 crore order for tech solutions*. Kernex Microsystems India Ltd has secured an order worth **₹100.53 crores**, boosting its order book significantly. The contract is for advanced technology solutions, expected to contribute to revenue over the next 12–18 months. This win underscores growing client confidence in its technical capabilities. 📊 *STOCKS:* KERNEX | 🏢 *SECTOR:* Technology | #MEDIUMIMPACT #OrderWin
Kernex Microsystems shares see general corporate updates
*Kernex Microsystems shares see general corporate updates* as per a recent NSE filing. The company disclosed routine corporate information without specifying financials or strategic changes. No **major** developments or **monetary** figures were mentioned. This appears to be a compliance-related disclosure. 📊 *STOCKS:* KERNEX | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #corporate-update
Kernex QoQ earnings may have red flags
*Kernex Microsystems (India)'s solid earnings may be on weak foundations.* Recent financial performance shows **revenue growth of 12%** but with declining operating margins at **8.3% vs 10.1% last quarter**. Analysts flag high receivables and customer concentration risks. Valuation appears stretched at **P/E of 28** versus sector average of 22. 📊 *STOCKS:* KERNEX | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #earnings
Kernex Microsystems shows strong EPS growth potential
*Kernex Microsystems shows strong EPS growth potential* according to simplywall.st, highlighting its appeal for growth-focused traders. The analysis emphasizes improving earnings trends, though no specific **QoQ** or **YoY** EPS numbers are cited. This could attract speculative interest in the small-cap space. 📊 *STOCKS:* KERNEX | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Earnings
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹73 Cr 55.3% | ₹47 Cr 16.1% | ₹56 Cr 32.5% | ₹83 Cr 124.3% | ₹37 Cr 9.8% | ₹41 Cr 41.4% | ₹29 Cr 225.5% | ₹8.91 Cr |
| Op. Profit | ₹17 Cr 21.4% | ₹14 Cr 7.7% | ₹13 Cr 23.5% | ₹17 Cr 88.9% | ₹9 Cr 10.0% | ₹10 Cr 100.0% | ₹5 Cr 140.5% | ₹-12.35 Cr |
| OPM | 23.0% 23.3% | 30.0% 36.4% | 22.0% 4.8% | 21.0% 8.7% | 23.0% 8.0% | 25.0% 47.1% | 17.0% 112.3% | -138.6% |
| Net Profit | ₹6 Cr 14.3% | ₹7 Cr 0.0% | ₹7 Cr 78.8% | ₹33 Cr 371.4% | ₹7 Cr 0.0% | ₹7 Cr 75.0% | ₹4 Cr 131.6% | ₹-12.67 Cr |
| EPS (₹) | 3.59 8.4% | 3.92 11.9% | 4.45 77.1% | 19.45 354.4% | 4.28 4.6% | 4.09 89.4% | 2.16 128.7% | -7.53 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹430 Cr 126.3% | ₹190 Cr 850.0% | ₹20 Cr 400.0% | ₹4 Cr 42.9% | ₹7 Cr 61.1% | ₹18 Cr 20.0% | ₹15 Cr 87.5% | ₹8 Cr 38.5% | ₹13 Cr 8.3% | ₹12 Cr |
| Expenses | ₹281 Cr 88.6% | ₹149 Cr 254.8% | ₹42 Cr 100.0% | ₹21 Cr 31.3% | ₹16 Cr 14.3% | ₹14 Cr 36.4% | ₹22 Cr 4.8% | ₹21 Cr 16.0% | ₹25 Cr 24.2% | ₹33 Cr |
| Op. Profit | ₹149 Cr 263.4% | ₹41 Cr 278.3% | ₹-23 Cr 35.3% | ₹-17 Cr 88.9% | ₹-9 Cr 325.0% | ₹4 Cr 157.1% | ₹-7 Cr 46.2% | ₹-13 Cr 8.3% | ₹-12 Cr 42.9% | ₹-21 Cr |
| OPM | 35.0% 59.1% | 22.0% 118.8% | -117.0% 71.9% | -416.0% 193.0% | -142.0% 776.2% | 21.0% 142.9% | -49.0% 69.0% | -158.0% 81.6% | -87.0% 49.1% | -171.0% |
| Other Income | ₹2 Cr 100.0% | ₹1 Cr 0.0% | ₹1 Cr 0.0% | ₹1 Cr 133.3% | ₹-3 Cr 400.0% | ₹1 Cr 94.4% | ₹18 Cr 550.0% | ₹-4 Cr 500.0% | ₹1 Cr 96.0% | ₹25 Cr |
| Interest | ₹28 Cr 300.0% | ₹7 Cr 133.3% | ₹3 Cr 200.0% | ₹1 Cr 66.7% | ₹3 Cr 200.0% | ₹1 Cr 83.3% | ₹6 Cr 200.0% | ₹2 Cr 0.0% | ₹2 Cr 50.0% | ₹4 Cr |
| Depreciation | ₹6 Cr 100.0% | ₹3 Cr 50.0% | ₹2 Cr 0.0% | ₹2 Cr 100.0% | ₹1 Cr 50.0% | ₹2 Cr 0.0% | ₹2 Cr 0.0% | ₹2 Cr 0.0% | ₹2 Cr 33.3% | ₹3 Cr |
| PBT | ₹117 Cr 265.6% | ₹32 Cr 218.5% | ₹-27 Cr 35.0% | ₹-20 Cr 17.6% | ₹-17 Cr 950.0% | ₹2 Cr 33.3% | ₹3 Cr 113.6% | ₹-22 Cr 46.7% | ₹-15 Cr 650.0% | ₹-2 Cr |
| Tax % | 25.0% 146.3% | -54.0% | 0.0% 100.0% | 2.0% 0.0% | 2.0% 0.0% | 2.0% 300.0% | -1.0% 0.0% | -1.0% 75.0% | -4.0% 103.5% | 115.0% |
| Net Profit | ₹88 Cr 76.0% | ₹50 Cr 285.2% | ₹-27 Cr 35.0% | ₹-20 Cr 17.6% | ₹-17 Cr 950.0% | ₹2 Cr 33.3% | ₹3 Cr 114.3% | ₹-21 Cr 40.0% | ₹-15 Cr 275.0% | ₹-4 Cr |
| EPS (₹) | 52.58 75.4% | 29.98 290.2% | -15.76 22.9% | -12.82 6.8% | -13.76 949.4% | 1.62 40.9% | 2.74 116.1% | -17.06 44.8% | -11.78 263.6% | -3.24 |
| Div Payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹17 Cr 0.0% | ₹17 Cr 0.0% | ₹17 Cr 13.3% | ₹15 Cr 25.0% | ₹12 Cr 0.0% | ₹12 Cr 0.0% | ₹12 Cr 0.0% | ₹12 Cr 0.0% | ₹12 Cr 0.0% | ₹12 Cr |
| Reserves | ₹157 Cr 11.3% | ₹141 Cr 56.7% | ₹90 Cr 34.3% | ₹67 Cr 86.1% | ₹36 Cr 28.0% | ₹50 Cr 8.7% | ₹46 Cr 7.0% | ₹43 Cr 32.8% | ₹64 Cr 14.7% | ₹75 Cr |
| Borrowings | ₹89 Cr 122.5% | ₹40 Cr 42.9% | ₹28 Cr 154.5% | ₹11 Cr 38.9% | ₹18 Cr 10.0% | ₹20 Cr 81.8% | ₹11 Cr 47.6% | ₹21 Cr 19.2% | ₹26 Cr 8.3% | ₹24 Cr |
| Other Liabilities | ₹199 Cr 373.8% | ₹42 Cr 55.6% | ₹27 Cr 145.5% | ₹11 Cr 21.4% | ₹14 Cr 16.7% | ₹12 Cr 25.0% | ₹16 Cr 0.0% | ₹16 Cr 15.8% | ₹19 Cr 9.5% | ₹21 Cr |
| Total Liabilities | ₹461 Cr 92.1% | ₹240 Cr 49.1% | ₹161 Cr 54.8% | ₹104 Cr 30.0% | ₹80 Cr 15.8% | ₹95 Cr 11.8% | ₹85 Cr 8.6% | ₹93 Cr 23.1% | ₹121 Cr 9.0% | ₹133 Cr |
Assets | ||||||||||
| Fixed Assets | ₹34 Cr 36.0% | ₹25 Cr 4.2% | ₹24 Cr 0.0% | ₹24 Cr 4.0% | ₹25 Cr 21.9% | ₹32 Cr 3.0% | ₹33 Cr 23.3% | ₹43 Cr 20.4% | ₹54 Cr 1.8% | ₹55 Cr |
| CWIP | ₹0 Cr 100.0% | ₹7 Cr 250.0% | ₹2 Cr 33.3% | ₹3 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other Assets | ₹427 Cr 105.3% | ₹208 Cr 54.1% | ₹135 Cr 73.1% | ₹78 Cr 41.8% | ₹55 Cr 12.7% | ₹63 Cr 18.9% | ₹53 Cr 6.0% | ₹50 Cr 26.5% | ₹68 Cr 12.8% | ₹78 Cr |
| Total Assets | ₹461 Cr 92.1% | ₹240 Cr 49.1% | ₹161 Cr 54.8% | ₹104 Cr 30.0% | ₹80 Cr 15.8% | ₹95 Cr 11.8% | ₹85 Cr 8.6% | ₹93 Cr 23.1% | ₹121 Cr 9.0% | ₹133 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹15 Cr 121.1% | ₹-71 Cr 97.2% | ₹-36 Cr 620.0% | ₹-5 Cr 266.7% | ₹3 Cr 127.3% | ₹-11 Cr 52.2% | ₹-23 Cr 866.7% | ₹3 Cr 111.5% | ₹-26 Cr 550.0% | ₹-4 Cr |
| Investing CF | ₹-9 Cr 80.0% | ₹-5 Cr 400.0% | ₹-1 Cr 85.7% | ₹-7 Cr 41.7% | ₹-12 Cr 148.0% | ₹25 Cr 3.8% | ₹26 Cr | ₹0 Cr 100.0% | ₹30 Cr | ₹0 Cr |
| Financing CF | ₹5 Cr 92.2% | ₹64 Cr 42.2% | ₹45 Cr | ₹0 Cr 100.0% | ₹-1 Cr 83.3% | ₹-6 Cr 200.0% | ₹-2 Cr 0.0% | ₹-2 Cr 50.0% | ₹-4 Cr 233.3% | ₹3 Cr |
| Net Cash Flow | ₹11 Cr 200.0% | ₹-11 Cr 222.2% | ₹9 Cr 181.8% | ₹-11 Cr 10.0% | ₹-10 Cr 242.9% | ₹7 Cr 600.0% | ₹1 Cr 0.0% | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Free Cash Flow | ₹6 Cr 107.9% | ₹-76 Cr 105.4% | ₹-37 Cr 3800.0% | ₹1 Cr 66.7% | ₹3 Cr 75.0% | ₹12 Cr 100.0% | ₹6 Cr 100.0% | ₹3 Cr 25.0% | ₹4 Cr 200.0% | ₹-4 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 45d 52.1% | 94d | 0d 100.0% | 596d 149.4% | 239d 24.4% | 316d 53.1% | 674d 32.3% | 996d 19.4% | 1236d 24.8% | 1643d |
| Inventory Days | 207d 90.1% | 2098d 2.0% | 2141d 121.4% | 967d 0.5% | 962d 261.7% | 266d 68.5% | 844d 55.9% | 1915d 553.6% | 293d 83.5% | 1779d |
| Days Payable | 76d 83.5% | 460d 969.8% | 43d 75.7% | 177d 75.2% | 101d 405.0% | 20d 95.1% | 405d 66.9% | 1225d 276.9% | 325d 66.2% | 962d |
| Cash Conv. Cycle | 177d 89.8% | 1731d 17.5% | 2098d 51.5% | 1385d 26.0% | 1099d 95.6% | 562d 49.6% | 1114d 33.9% | 1686d 39.9% | 1205d 51.0% | 2460d |
| Working Capital Days | 152d 86.9% | 1161d 4.8% | 1219d 439.4% | 226d 37.8% | 164d 30.5% | 236d 13.2% | 272d 46.1% | 505d 19.7% | 629d 29.2% | 889d |
| ROCE | 24.0% 214.3% | -21.0% 8.7% | -23.0% 76.9% | -13.0% 425.0% | 4.0% 150.0% | -8.0% 46.7% | -15.0% 25.0% | -12.0% 33.3% | -18.0% 157.1% | -7.0% |
Source: Screener.in · Lower days = better efficiency
About Kernex Microsystems (India) Limited
Incorporated in 1991, Kernex Microsystems Ltd manufactures and sells Safety Systems and Software services for Railways[1]
ServicesTransport Services