KERNEX MICROSYS(I) LTD (KERNEX) financials

KERNEX MICROSYS(I) LTD (KERNEX) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

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

Market Cap: ₹2,978Cr.
Current Price: ₹1,772
Stock P/E: 16.3
ROE: 37.5%
ROCE: 43.5%
Book Value: ₹153
Dividend Yield: 0.00%
52W High / Low: ₹2,586/850

In Jun 2026, KERNEX MICROSYS(I) LTD (KERNEX) reported sales ₹502 Cr and net profit ₹110 Cr.

Annual TTM: sales ₹874 Cr, net profit ₹183 Cr.

Shareholding: Promoters 28.73% (Sep 2026), FIIs 1.19% (Sep 2026), DIIs 0.05% (Sep 2026), Government 0.06% (Sep 2026), Public 69.96% (Sep 2026).

KERNEX quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	41	37	83	53	45	72	255	502
Expenses	31	28	66	41	35	56	153	339
Operating Profit	10	8	17	12	10	17	101	163
OPM %	25%	23%	20%	23%	22%	23%	40%	32%
Other Income	0	0	1	1	1	0	1	0
Interest	3	1	2	3	5	9	12	13
Depreciation	1	1	1	1	1	2	2	2
Profit before tax	7	7	15	10	5	6	88	148
Tax %	-0%	-1%	-114%	23%	51%	3%	27%	26%
Net Profit	7	7	33	7	2	6	65	110
EPS in Rs	4.33	4.26	19.40	4.40	1.49	3.68	38.42	65.21
Raw PDF	—	—	—	—	—	—	—	—

KERNEX profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	15	16	5	2	19	190	426	874
Expenses	22	15	15	18	37	149	285	584
Operating Profit	-7	1	-10	-16	-17	41	141	291
OPM %	-49%	7%	-182%	-801%	-90%	22%	33%	33%
Other Income	18	2	-3	1	2	2	3	3
Interest	1	1	2	2	3	7	28	39
Depreciation	2	2	1	2	2	3	6	7
Profit before tax	8	0	-16	-19	-20	33	109	248
Tax %	-0%	12%	2%	2%	-0%	-53%	26%	—
Net Profit	8	0	-17	-20	-20	51	81	183
EPS in Rs	6.45	0.30	-13.26	-12.85	-12.18	30.38	47.99	108.80
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	—

KERNEX balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	12	12	12	12	15	17	17	17
Reserves	49	57	58	46	77	105	157	240
Borrowings	13	5	14	12	9	24	40	162
Other Liabilities	17	12	15	14	13	29	32	507
Total Liabilities	92	87	99	85	114	175	245	925
Fixed Assets	43	33	32	25	24	24	25	34
CWIP	0	0	0	0	0	2	7	0
Investments	1	11	8	8	13	13	13	9
Other Assets	48	43	60	51	77	136	200	882
Total Assets	92	87	99	85	114	175	245	925

KERNEX cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	-25	-8	1	-5	-34	-69	11	-101
Cash from Investing Activity	29	15	-9	-6	-5	-5	-9	-8
Cash from Financing Activity	-2	-1	-1	1	48	63	9	94
Net Cash Flow	1	5	-9	-10	9	-11	11	-14
Free Cash Flow	3	16	1	0	-35	-74	7	-116
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	205%	112%	86%	55%	215%	399%	26%	-69%

KERNEX shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	29.08%	29.08%	28.97%	28.97%	28.89%	28.85%	28.73%	28.73%
FIIs	1.16%	0.07%	0.52%	0.54%	0.07%	0.30%	2.48%	1.19%
DIIs	0.73%	1.10%	1.11%	0.39%	0.07%	0.02%	0.05%	0.05%
Government	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%
Public	68.96%	69.68%	69.34%	70.04%	70.91%	70.78%	68.69%	69.96%
No. of Shareholders	34,242	37,894	42,149	42,785	40,187	41,511	41,803	52,768

KERNEX key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	745	321	300	775	0	101	37	271
Inventory Days	894	137	978	1,026	4,282	2,151	191	803
Days Payable	20	20	307	337	823	574	58	957
Cash Conversion Cycle	1,619	438	971	1,463	3,458	1,678	170	117
Working Capital Days	533	191	199	467	2,137	1,182	128	152
ROCE %	-15%	-8%	1%	-13%	-20%	-14%	22%	44%

KERNEXUpdated 18 Oct 2026, 3:40

Kernex Microsys(i) Ltd

KERNEXUpdated 18 Oct 2026, 3:40

Market Cap

₹2,978Cr.

Current Price

₹1,772

High / Low

₹2,586/850

Stock P/E

16.3

ROE37.5%

ROCE43.5%

Book Value₹153

Face Value₹10.0

Dividend Yield0.00%

About

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

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	1	0	2	1	1	-1	10	-1	-0.56
Sep 2023	1	0	4	0	1	-4	11	-4	-2.76
Dec 2023	9	1	11	1	1	-3	1	-4	-2.09
Mar 2024	9	0	21	0	1	-12	-5	-12	-7.02
Jun 2024	29	1	24	0	1	4	-3	4	2.4
Sep 2024	41	3	31	0	1	7	0	7	4.33
Dec 2024	37	1	28	0	1	7	-1	7	4.26
Mar 2025	83	2	66	1	1	15	-114	33	19.4
Jun 2025	53	3	41	1	1	10	23	7	4.4
Sep 2025	45	5	35	1	1	5	51	2	1.49
Dec 2025	72	9	56	0	2	6	3	6	3.68
Mar 2026	255	12	153	1	2	88	27	65	38.42
Jun 2026	502	13	339	0	2	148	26	110	65.21

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	20	3	24	2	4	-10	-3	-9	-7.51
Mar 2016	12	4	20	2	3	-14	-2	-13	-10.63
Mar 2017	12	3	33	25	3	-1	162	-4	-2.81
Mar 2018	13	2	25	1	2	-15	-4	-14	-11.54
Mar 2019	7	2	20	-4	2	-21	-1	-21	-16.54
Mar 2020	15	1	22	18	2	8	0	8	6.45
Mar 2021	16	1	15	2	2	0	12	0	0.3
Mar 2022	5	2	15	-3	1	-16	2	-17	-13.26
Mar 2023	2	2	18	1	2	-19	2	-20	-12.85
Mar 2024	19	3	37	2	2	-20	0	-20	-12.18
Mar 2025	190	7	149	2	3	33	-53	51	30.38
Mar 2026	426	28	285	3	6	109	26	81	47.99
TTM	874	39	584	3	7	248	—	183	108.8

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	28.73%
FIIs	1.19%
DIIs	0.05%
Government	0.06%
Public	69.96%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Government	Public
Dec 2023	29.14%	0.01%	0.01%	0.06%	70.79%
Mar 2024	29.14%	0.01%	0.01%	0.06%	70.77%
Jun 2024	29.14%	0%	0%	0.06%	70.78%
Sep 2024	29.14%	0.49%	0.04%	0.06%	70.26%
Dec 2024	29.08%	1.16%	0.73%	0.06%	68.96%
Mar 2025	29.08%	0.07%	1.1%	0.06%	69.68%
Jun 2025	28.97%	0.52%	1.11%	0.06%	69.34%
Sep 2025	28.97%	0.54%	0.39%	0.06%	70.04%
Dec 2025	28.89%	0.07%	0.07%	0.06%	70.91%
Mar 2026	28.85%	0.3%	0.02%	0.06%	70.78%
Jun 2026	28.73%	2.48%	0.05%	0.06%	68.69%
Sep 2026	28.73%	1.19%	0.05%	0.06%	69.96%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	12	106	22	20	161	53	10	1	97	161
Mar 2016	12	92	27	24	156	50	10	1	95	156
Mar 2017	12	84	18	18	132	55	0	1	75	132
Mar 2018	12	69	19	20	120	54	0	1	66	120
Mar 2019	12	49	13	17	92	43	0	1	48	92
Mar 2020	12	57	5	12	87	33	0	11	43	87
Mar 2021	12	58	14	15	99	32	0	8	60	99
Mar 2022	12	46	12	14	85	25	0	8	51	85
Mar 2023	15	77	9	13	114	24	0	13	77	114
Mar 2024	17	105	24	29	175	24	2	13	136	175
Mar 2025	17	157	40	32	245	25	7	13	200	245
Mar 2026	17	240	162	507	925	34	0	9	882	925

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	1	1	-2	-1
Mar 2016	-6	0	5	0
Mar 2017	-26	30	-3	0
Mar 2018	2	0	-2	0
Mar 2019	-25	29	-2	1
Mar 2020	-8	15	-1	5
Mar 2021	1	-9	-1	-9
Mar 2022	-5	-6	1	-10
Mar 2023	-34	-5	48	9
Mar 2024	-69	-5	63	-11
Mar 2025	11	-9	9	11
Mar 2026	-101	-8	94	-14

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	945	1,643	1,223	1,002	745	321	300	775	0	101	37	271
Inventory Days	6,386	1,779	293	1,670	894	137	978	1,026	4,282	2,151	191	803
Days Payable	3,258	962	236	1,103	20	20	307	337	823	574	58	957
Cash Conversion Cycle	4,073	2,460	1,279	1,568	1,619	438	971	1,463	3,458	1,678	170	117
Working Capital Days	752	1,100	842	630	533	191	199	467	2,137	1,182	128	152
ROCE %	-4%	-7%	-18%	-12%	-15%	-8%	1%	-13%	-20%	-14%	22%	44%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of KERNEX MICROSYS(I) LTD (KERNEX)?

The reported market capitalisation for KERNEX MICROSYS(I) LTD (KERNEX) is ₹2,978Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of KERNEX?

The current price shown for KERNEX MICROSYS(I) LTD (KERNEX) on Fincrux is ₹1,772 with a 52-week high/low of ₹2,586/850.

What is the P/E ratio of KERNEX MICROSYS(I) LTD (KERNEX)?

The stock P/E for KERNEX MICROSYS(I) LTD (KERNEX) is 16.3 on Fincrux, with ROE at 37.5% and ROCE at 43.5%.

What were KERNEX latest quarterly results?

For Jun 2026, KERNEX MICROSYS(I) LTD (KERNEX) reported sales ₹502 Cr and net profit ₹110 Cr (figures in ₹ crore unless noted).

What are KERNEX annual sales and net profit?

For TTM, KERNEX MICROSYS(I) LTD (KERNEX) shows sales of ₹874 Cr and net profit of ₹183 Cr on the Fincrux profit & loss statement.

Who owns KERNEX MICROSYS(I) LTD (KERNEX)?

Latest shareholding for KERNEX MICROSYS(I) LTD (KERNEX) on Fincrux: Promoters 28.73% (Sep 2026), FIIs 1.19% (Sep 2026), DIIs 0.05% (Sep 2026), Government 0.06% (Sep 2026), Public 69.96% (Sep 2026).

Where can I find KERNEX MICROSYS(I) LTD (KERNEX) financials?

KERNEX MICROSYS(I) LTD (KERNEX) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show KERNEX balance sheet and cash flow?

Yes. The KERNEX MICROSYS(I) LTD (KERNEX) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 3:40