About
Kernex Microsystems (India) Limited, together with its subsidiaries, engages in the manufacture and sale of safety systems and software services for railways in India and internationally. The company offers safety products for the railroad industry, such as LxGuard, a level crossing protection system; TrainSHIELD, a train collision avoidance system; SAFELx, a train actuated warning device; SENTINEX, a level crossing warning system; CASRY, a collision avoidance system for railyards; KMDAX, a multisection digital axle counter; ATRW, an automatic recording device for wagons; KTPIS, a train passenger information system; and BCPS2440, a battery charger cum power supply. It also provides turnkey product development, electronic product design, embedded software design, electronic manufacturing, ESS testing, offshore development, quality control, and training services. The company was incorporated in 1991 and is headquartered in Hyderabad, India.
Key Metrics
as of Sep 2026Market Cap3,047 Cr
P/E16.00
Div Yield0.00 %
Book Value₹148.00
52w High₹2,586.00
52w Low₹850.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 502.00 | 255.00 | 72.00 | 45.00 | 53.00 | 83.00 | 37.00 | 41.00 | 29.00 | 9.00 | 9.00 | 1.00 | 1.00 |
| Expenses | 339.00 | 153.00 | 56.00 | 35.00 | 41.00 | 66.00 | 28.00 | 31.00 | 24.00 | 21.00 | 11.00 | 4.00 | 2.00 |
| Operating Profit | 163.00 | 101.00 | 17.00 | 10.00 | 12.00 | 17.00 | 8.00 | 10.00 | 5.00 | -12.00 | -2.00 | -3.00 | -1.00 |
| OPM % | 32.00 | 40.00 | 23.00 | 22.00 | 23.00 | 20.00 | 23.00 | 25.00 | 18.00 | -131.00 | -27.00 | -407.00 | -64.00 |
| Other Income | 0.00 | 1.00 | 0.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 1.00 |
| Depreciation | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Interest | 13.00 | 12.00 | 9.00 | 5.00 | 3.00 | 2.00 | 1.00 | 3.00 | 1.00 | 0.00 | 1.00 | 0.00 | 0.00 |
| Profit before tax | 148.00 | 88.00 | 6.00 | 5.00 | 10.00 | 15.00 | 7.00 | 7.00 | 4.00 | -12.00 | -3.00 | -4.00 | -1.00 |
| Tax % | 26.00 | 27.00 | 3.00 | 51.00 | 23.00 | -114.00 | -1.00 | 0.00 | -3.00 | -5.00 | 1.00 | 11.00 | 10.00 |
| Net Profit | 110.00 | 65.00 | 6.00 | 2.00 | 7.00 | 33.00 | 7.00 | 7.00 | 4.00 | -12.00 | -4.00 | -4.00 | -1.00 |
| EPS in Rs | 65.21 | 38.42 | 3.68 | 1.49 | 4.40 | 19.40 | 4.26 | 4.33 | 2.40 | -7.02 | -2.09 | -2.76 | -0.56 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 426.00 | 190.00 | 19.00 | 2.00 | 5.00 | 16.00 | 15.00 | 7.00 | 13.00 | 12.00 | 12.00 | 20.00 |
| Expenses | 285.00 | 149.00 | 37.00 | 18.00 | 15.00 | 15.00 | 22.00 | 20.00 | 25.00 | 33.00 | 20.00 | 24.00 |
| Operating Profit | 141.00 | 41.00 | -17.00 | -16.00 | -10.00 | 1.00 | -7.00 | -12.00 | -11.00 | -21.00 | -8.00 | -4.00 |
| OPM % | 33.00 | 22.00 | -90.00 | -801.00 | -182.00 | 7.00 | -49.00 | -164.00 | -85.00 | -170.00 | -74.00 | -18.00 |
| Other Income | 3.00 | 2.00 | 2.00 | 1.00 | -3.00 | 2.00 | 18.00 | -4.00 | 1.00 | 25.00 | 2.00 | 2.00 |
| Interest | 28.00 | 7.00 | 3.00 | 2.00 | 2.00 | 1.00 | 1.00 | 2.00 | 2.00 | 3.00 | 4.00 | 3.00 |
| Depreciation | 6.00 | 3.00 | 2.00 | 2.00 | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 | 3.00 | 4.00 |
| Profit before tax | 109.00 | 33.00 | -20.00 | -19.00 | -16.00 | 0.00 | 8.00 | -21.00 | -15.00 | -1.00 | -14.00 | -10.00 |
| Tax % | 26.00 | -53.00 | 0.00 | 2.00 | 2.00 | 12.00 | 0.00 | -1.00 | -4.00 | 162.00 | -2.00 | -3.00 |
| Net Profit | 81.00 | 51.00 | -20.00 | -20.00 | -17.00 | 0.00 | 8.00 | -21.00 | -14.00 | -4.00 | -13.00 | -9.00 |
| EPS in Rs | 47.99 | 30.38 | -12.18 | -12.85 | -13.26 | 0.30 | 6.45 | -16.54 | -11.54 | -2.81 | -10.63 | -7.51 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17.00 | 17.00 | 17.00 | 15.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 |
| Reserves | 240.00 | 157.00 | 105.00 | 77.00 | 46.00 | 58.00 | 57.00 | 49.00 | 69.00 | 84.00 | 92.00 | 106.00 |
| Borrowings | 162.00 | 40.00 | 24.00 | 9.00 | 12.00 | 14.00 | 5.00 | 13.00 | 19.00 | 18.00 | 27.00 | 22.00 |
| Other Liabilities | 507.00 | 35.00 | 29.00 | 13.00 | 14.00 | 15.00 | 12.00 | 17.00 | 20.00 | 18.00 | 24.00 | 20.00 |
| Total Liabilities | 925.00 | 249.00 | 175.00 | 114.00 | 85.00 | 99.00 | 87.00 | 92.00 | 120.00 | 132.00 | 156.00 | 161.00 |
| Fixed Assets | 34.00 | 25.00 | 24.00 | 24.00 | 25.00 | 32.00 | 33.00 | 43.00 | 54.00 | 55.00 | 50.00 | 53.00 |
| CWIP | 0.00 | 7.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10.00 | 10.00 |
| Investments | 9.00 | 13.00 | 13.00 | 13.00 | 8.00 | 8.00 | 11.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Other Assets | 882.00 | 204.00 | 136.00 | 77.00 | 51.00 | 60.00 | 43.00 | 48.00 | 66.00 | 75.00 | 95.00 | 97.00 |
| Total Assets | 925.00 | 249.00 | 175.00 | 114.00 | 85.00 | 99.00 | 87.00 | 92.00 | 120.00 | 132.00 | 156.00 | 161.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -101.00 | 11.00 | -69.00 | -34.00 | -5.00 | 1.00 | -8.00 | -25.00 | 2.00 | -26.00 | -6.00 | 1.00 |
| Cash from Investing Activity | -8.00 | -9.00 | -5.00 | -5.00 | -6.00 | -9.00 | 15.00 | 29.00 | 0.00 | 30.00 | 0.00 | 1.00 |
| Cash from Financing Activity | 94.00 | 9.00 | 63.00 | 48.00 | 1.00 | -1.00 | -1.00 | -2.00 | -2.00 | -3.00 | 5.00 | -2.00 |
| Net Cash Flow | -14.00 | 11.00 | -11.00 | 9.00 | -10.00 | -9.00 | 5.00 | 1.00 | 0.00 | 0.00 | 0.00 | -1.00 |
| Free Cash Flow | -116.00 | 2.00 | -74.00 | -35.00 | 0.00 | 1.00 | 16.00 | 3.00 | 2.00 | 3.00 | -6.00 | 1.00 |
| CFO/OP % | -69.00 | 26.00 | 399.00 | 215.00 | 55.00 | 86.00 | 112.00 | 205.00 | -22.00 | 124.00 | 69.00 | -17.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 271.00 | 37.00 | 101.00 | 0.00 | 775.00 | 300.00 | 321.00 | 745.00 | 1,002.00 | 1,223.00 | 1,643.00 | 945.00 |
| Inventory Days | 609.00 | 204.00 | 2,151.00 | 4,282.00 | 1,026.00 | 978.00 | 137.00 | 894.00 | 1,670.00 | 293.00 | 1,779.00 | 6,386.00 |
| Days Payable | 726.00 | 58.00 | 574.00 | 823.00 | 337.00 | 307.00 | 20.00 | 20.00 | 1,103.00 | 236.00 | 962.00 | 3,258.00 |
| Cash Conversion Cycle | 154.00 | 183.00 | 1,678.00 | 3,458.00 | 1,463.00 | 971.00 | 438.00 | 1,619.00 | 1,568.00 | 1,279.00 | 2,460.00 | 4,073.00 |
| Working Capital Days | 152.00 | 153.00 | 1,182.00 | 2,137.00 | 467.00 | 199.00 | 191.00 | 533.00 | 630.00 | 842.00 | 1,100.00 | 752.00 |
| ROCE % | 44.00 | 22.00 | -14.00 | -20.00 | -13.00 | 1.00 | -8.00 | -15.00 | -12.00 | -18.00 | -7.00 | -4.00 |
Corporate Actions
20 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 23 Sep 2024 | — | — | — | Annual General Meeting |
| Other | 22 Sep 2023 | — | — | — | Annual General Meeting |
| Other | 22 Sep 2022 | — | — | — | Annual General Meeting |
| Other | 21 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 22 Sep 2020 | — | — | — | Annual General Meeting |
| Other | 20 Sep 2019 | — | — | — | Annual General Meeting |
| Other | 19 Sep 2018 | — | — | — | Annual General Meeting |
| Other | 21 Sep 2017 | — | — | — | Annual General Meeting |
| Other | 19 Sep 2016 | — | — | — | Annual General Meeting |
| Other | 16 Sep 2015 | — | — | — | Annual General Meeting |
| Other | 24 Sep 2014 | — | — | — | Annual General Meeting |
| Other | 19 Sep 2013 | — | — | — | Annual General Meeting |
| Dividend | 20 Sep 2012 | — | — | 1.00 | |
| Dividend | 19 Sep 2011 | — | — | 1.00 | |
| Other | 16 Sep 2010 | — | — | — | Annual General Meeting |
| Dividend | 08 Sep 2009 | — | — | 1.00 | |
| Dividend | 11 Sep 2008 | — | — | 1.00 | |
| Bonus | 16 Oct 2007 | 17 Oct 2007 | 1:10 | — | |
| Dividend | 30 Aug 2007 | — | — | 1.00 | |
| Dividend | 08 Sep 2006 | — | — | 1.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update4 Nov 2025 from care
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Rating update27 Apr 2022 from crisil
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Rating update5 Feb 2021 from crisil
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Rating update22 Jan 2021 from crisil
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Rating update28 Feb 2020 from crisil
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Rating update19 Feb 2020 from crisil