Kernex Microsystems India Ltd
- P/E
- 14.2x
- 52-week range
- 850 – 2,580
- ROE
- 44%
- ROCE
- 48%
- Sector
- Transport Services
- Industry
- Transport Related Services
- Listed on
- NSE, BSE
About
Kernex Microsystems (India) Limited is engaged in the manufacture and sale of safety systems and software services for railways. The Company provides a track record in providing professional electronic systems that can operate under stringent/harsh environmental conditions. Its capabilities include concept, design, validation, manufacture, evaluation, installation and providing technical and maintenance support, on turnkey basis. The Company offers a range of products, including LxGuard, TrainSHIELD, SAFELx, Sentinex, Casry, KMDAX, Automatic Timing (Recording) Device for Railway Wagons (ATRW), and KTPIS. The Company also provides a range of value-added embedded research and development (R&D) services and electronics manufacturing services (EMS/CEM) to its customers. The Company offers services in turnkey product development, electronic product design, embedded software design, electronic manufacturing, ESS testing, offshore development, and quality control.
Quick check
The five things to look at first. Open one for more.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE BBB | Stable | 12 Oct 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 12 Oct 2026 | ▲ Upgrade1 notch | CARE BBB- / CARE A3 → CARE BBB | Low | CARE | ₹ 660 Cr. | |
| 4 Nov 2025 | New rating | CARE BBB- / CARE A3 | — | CARE | ₹ 275 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 13 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 29 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 12 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 13 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 14 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
| 23 May 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1 | 8 | 9 | 29 | 41 | 37 | 83 | 56 | 47 | 73 | 255 | 504 |
| Expenses | 5 | 13 | 21 | 24 | 31 | 28 | 66 | 43 | 33 | 56 | 149 | 341 |
| Operating Profit | −3 | −4 | −12 | 5 | 10 | 9 | 17 | 13 | 14 | 17 | 105 | 163 |
| OPM % | −242% | −54% | −139% | 17% | 25% | 23% | 21% | 22% | 30% | 23% | 41% | 32% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 |
| Interest | 0 | 1 | 1 | 1 | 3 | 1 | 2 | 3 | 5 | 9 | 12 | 13 |
| Depreciation | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | −4 | −9 | −13 | 3 | 7 | 7 | 15 | 10 | 9 | 6 | 92 | 148 |
| Tax % | 10% | 1% | −5% | −4% | 0% | −1% | −114% | 22% | 28% | 3% | 26% | 26% |
| Net Profit | −5 | −9 | −13 | 4 | 7 | 7 | 33 | 7 | 7 | 6 | 68 | 110 |
| EPS in Rs | −2.85 | −5.07 | −7.53 | 2.16 | 4.09 | 4.28 | 19.45 | 4.45 | 3.92 | 3.59 | 40.63 | 65.37 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 44%
- 5 Years
- 88%
- 3 Years
- 374%
- TTM
- 305%
- 10 Years
- 22%
- 5 Years
- 116%
- 3 Years
- 86%
- TTM
- 253%
- 10 Years
- 47%
- 5 Years
- 90%
- 3 Years
- 67%
- TTM
- —
- 10 Years
- 1%
- 5 Years
- 14%
- 3 Years
- 26%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Kernex Microsystems India Ltd | ₹ 1,610.10 | — | 14.2x | — | 44% | — |
| HFCL | ₹ 240.45 | ₹ 36,803 Cr. | 108.8x | 7.3x | 0% | 0% |
| ITI | ₹ 215.45 | ₹ 20,719 Cr. | — | 13.3x | 0% | 0% |
| Paras Defence and Space Technologies | ₹ 1,181.80 | ₹ 9,524 Cr. | 134.7x | 16x | 0% | 0% |
| Tejas Networks | ₹ 410.00 | ₹ 7,297 Cr. | — | 3.4x | 0% | 0% |
| Avantel | ₹ 136.55 | ₹ 3,606 Cr. | 283.4x | 12.3x | 0% | 0% |
Management
- Satyanarayana Raju Kalidindi
- Chief Executive Officer
- Srikanth P
- Chief Financial Officer
- Prasada Rao Kalluri
- Compliance Officer, Company Secretary
- Sreelakshmi Manthena
- Managing Director, Director
- Badari Narayana Raju Manthena
- Whole Time Director
- Sita Ramaraju Manthena
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.