Kernex Microsystems (India) Ltd

Kernex Microsys. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Kernex Microsystems (India) Ltd

₹ 1,307 -2.18%
11 Nov 11:21 a.m.
kernex.in BSE: 532686 NSE: KERNEX
About

Incorporated in 1991, Kernex Microsystems Ltd manufactures and sells Safety Systems and Software services for Railways[1]

Key Points

Business Overview:[1][2]
KML, an ISO 9001:2015 certified, 100% Export Oriented Unit, provides turnkey electronic systems and technical support. It specializes in anti-collision devices, railway safety and signal systems, train collision avoidance systems, and automatic level crossing gates.

Website BSE NSE
  • Market Cap ₹ 2,191 Cr.
  • Current Price ₹ 1,307
  • High / Low ₹ 1,584 / 622
  • Stock P/E 40.4
  • Book Value ₹ 104
  • Dividend Yield 0.00 %
  • ROCE 22.3 %
  • ROE 34.4 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has delivered good profit growth of 54.9% CAGR over last 5 years
  • Debtor days have improved from 68.6 to 36.6 days.

Cons

  • Stock is trading at 12.9 times its book value
  • Promoter holding is low: 29.0%
  • Company has a low return on equity of 3.22% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Services Services Transport Services Transport Related Services

Part of BSE SmallCap BSE Allcap BSE Services

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
0.91 0.41 0.26 0.43 0.96 0.82 8.57 8.94 28.68 41.16 36.80 83.02 53.40
3.34 3.99 4.69 6.30 1.57 4.16 10.85 20.64 23.65 30.77 28.39 66.07 41.13
Operating Profit -2.43 -3.58 -4.43 -5.87 -0.61 -3.34 -2.28 -11.70 5.03 10.39 8.41 16.95 12.27
OPM % -267.03% -873.17% -1,703.85% -1,365.12% -63.54% -407.32% -26.60% -130.87% 17.54% 25.24% 22.85% 20.42% 22.98%
0.22 0.35 0.45 0.28 0.64 0.42 0.68 0.28 0.46 0.49 0.50 0.74 0.62
Interest 0.45 0.45 0.78 0.30 0.20 0.35 1.22 0.47 0.98 3.00 1.21 1.58 2.55
Depreciation 0.32 0.36 0.35 1.36 0.62 0.56 0.63 0.53 0.63 0.65 0.62 0.93 0.84
Profit before tax -2.98 -4.04 -5.11 -7.25 -0.79 -3.83 -3.45 -12.42 3.88 7.23 7.08 15.18 9.50
Tax % 1.01% 2.23% 3.52% 2.48% 10.13% 11.23% 1.45% -5.23% -3.35% -0.28% -0.85% -114.16% 22.53%
-3.02 -4.12 -5.30 -7.42 -0.86 -4.26 -3.50 -11.77 4.02 7.25 7.14 32.51 7.37
EPS in Rs -2.19 -2.99 -3.84 -4.80 -0.56 -2.76 -2.09 -7.02 2.40 4.33 4.26 19.40 4.40
Raw PDF
Upcoming result date: 13 November 2025

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
28 20 12 12 13 7 15 16 5 2 19 190 214
27 24 20 33 25 20 22 15 15 18 37 149 166
Operating Profit 2 -4 -8 -21 -11 -12 -7 1 -10 -16 -17 41 48
OPM % 6% -18% -74% -170% -85% -164% -49% 7% -182% -801% -90% 22% 22%
3 2 2 25 1 -4 18 2 -3 1 2 2 2
Interest 3 3 4 3 2 2 1 1 2 2 3 7 8
Depreciation 4 4 3 3 2 2 2 2 1 2 2 3 3
Profit before tax -2 -10 -14 -1 -15 -21 8 0 -16 -19 -20 33 39
Tax % -19% -3% -2% 162% -4% -1% -0% 12% 2% 2% -0% -53%
-2 -9 -13 -4 -14 -21 8 0 -17 -20 -20 51 54
EPS in Rs -1.36 -7.51 -10.63 -2.81 -11.54 -16.54 6.45 0.30 -13.26 -12.85 -12.18 30.38 32.39
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 25%
5 Years: 67%
3 Years: 228%
TTM: 356%
Compounded Profit Growth
10 Years: 22%
5 Years: 55%
3 Years: 81%
TTM: 450%
Stock Price CAGR
10 Years: 42%
5 Years: 120%
3 Years: 53%
1 Year: 71%
Return on Equity
10 Years: -9%
5 Years: 0%
3 Years: 3%
Last Year: 34%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 12 12 12 12 12 12 12 12 12 15 17 17
Reserves 117 106 92 84 69 49 57 58 46 77 105 157
21 22 27 18 19 13 5 14 12 9 24 40
20 20 24 18 20 17 12 15 14 13 29 35
Total Liabilities 170 161 156 132 120 92 87 99 85 114 175 249
58 53 50 55 54 43 33 32 25 24 24 25
CWIP 10 10 10 0 0 0 0 0 0 0 2 7
Investments 1 1 1 1 1 1 11 8 8 13 13 13
102 97 95 75 66 48 43 60 51 77 136 204
Total Assets 170 161 156 132 120 92 87 99 85 114 175 249

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-2 1 -6 -26 2 -25 -8 1 -5 -34 -69 11
-1 1 0 30 -0 29 15 -9 -6 -5 -5 -9
1 -2 5 -3 -2 -2 -1 -1 1 48 63 9
Net Cash Flow -2 -1 -0 0 0 1 5 -9 -10 9 -11 11

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 711 945 1,643 1,223 1,002 745 321 300 775 0 101 37
Inventory Days 6,386 1,779 293 1,670 894 137 978 1,026 4,282 2,151 204
Days Payable 3,258 962 236 1,103 20 20 307 337 823 574 58
Cash Conversion Cycle 711 4,073 2,460 1,279 1,568 1,619 438 971 1,463 3,458 1,678 183
Working Capital Days 561 752 1,100 842 630 533 191 199 467 2,137 1,182 153
ROCE % 1% -4% -7% -18% -12% -15% -8% 1% -13% -20% -14% 22%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
31.27% 31.60% 31.60% 31.60% 29.14% 29.14% 29.14% 29.14% 29.08% 29.08% 28.97% 28.97%
0.00% 0.00% 0.00% 0.03% 0.01% 0.01% 0.00% 0.49% 1.16% 0.07% 0.52% 0.54%
0.00% 0.00% 0.00% 0.00% 0.01% 0.01% 0.00% 0.04% 0.73% 1.10% 1.11% 0.39%
0.08% 0.07% 0.07% 0.07% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06%
68.65% 68.34% 68.33% 68.30% 70.79% 70.77% 70.78% 70.26% 68.96% 69.68% 69.34% 70.04%
No. of Shareholders 13,09113,09413,79114,66015,00716,24022,24127,05834,24237,89442,14942,785

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Credit ratings

Concalls

  • Mar 2025
    Transcript
    Notes
    PPT
  • Feb 2024
    Transcript
    Notes
    PPT