Kernex Microsystems (India) Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Excellent return on equity (ROE 43.5%)
- ✓Efficient capital deployment (ROCE 47.8%)
Concerns
- ✗High premium to book value (P/B 14.4x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIPORTS Adani Ports and Special Economic Zone Limited | ₹1,818 | ₹4.2L Cr | 32.7 | 4.37 | 16.4 | 14.1 | 0.85 |
| INDIGO InterGlobe Aviation Limited | ₹5,115 | ₹2.0L Cr | 37.4 | 28.42 | -12.2 | 7.12 | 8.67 |
| GMRAIRPORT GMR AIRPORTS LIMITED | ₹110 | ₹1.2L Cr | 561 | -46.7 | — | 11.6 | -15.17 |
| JSWINFRA JSW Infrastructure Limited | ₹345 -1.12% | ₹80K Cr | 50.2 | 6.65 | 15.4 | 13.7 | 0.52 |
| CONCOR Container Corporation of India Limited | ₹481 | ₹37K Cr | 29.9 | 2.83 | 9.81 | 12.4 | 0.07 |
| DELHIVERY Delhivery Limited | ₹466 | ₹37K Cr | 206 | 3.61 | 1.87 | 2.82 | 0.17 |
| REDINGTON Redington Limited | ₹270 +0.17% | ₹22K Cr | 13.5 | 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 news →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 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]
Services · Transport Services