Kernex Microsystems India Ltd. (IN:KERNEX)
:KERNEX
Want to see IN:KERNEX full AI Analyst Report?
Top Page
Kernex Microsystems India Ltd.
(KERNEX)
Select Model
Select Model
Rating:65Neutral
Price Target:
₹1,318.00
▲(26.37% Upside)
Action:ReiteratedDate:04/23/26
The score is driven primarily by improved financial fundamentals (profitability turnaround and positive free cash flow) and strong bullish technicals (price above key moving averages with positive MACD). These positives are moderated by a very high P/E valuation and some risk signals from historical revenue/cash-flow volatility and rising liabilities.
Positive Factors
Profitability turnaround
A meaningful shift to positive net income on nearly 1,898M revenue signals sustained operational improvements and better contract execution. Durable profitability supports reinvestment in R&D, strengthens bidding credibility on large tenders, and improves ability to fund growth without persistent external financing.
Negative Factors
Revenue and cash-flow volatility
Historic swings in revenue and cash flow make multi-period forecasting and resource planning challenging. For a project-driven business, volatility can force conservative bidding, restrict investment timing, and increase working-capital pressure during lean cycles, weakening long-term margin predictability.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability turnaround
A meaningful shift to positive net income on nearly 1,898M revenue signals sustained operational improvements and better contract execution. Durable profitability supports reinvestment in R&D, strengthens bidding credibility on large tenders, and improves ability to fund growth without persistent external financing.
Read all positive factors
Kernex Microsystems India Ltd. (KERNEX) vs. iShares MSCI India ETF (INDA)
Market Cap
₹21.80B
Dividend YieldN/A
Average Volume (3M)18.93K
Price to Earnings (P/E)84.8
Beta (1Y)1.18
Revenue Growth123.77%
EPS Growth946.70%
CountryIN
Employees228
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)3.60
Shares Outstanding16,802,422
10 Day Avg. Volume35,381
30 Day Avg. Volume18,926
Financial Highlights & Ratios
PEG Ratio-0.10
Price to Book (P/B)8.70
Price to Sales (P/S)7.24
P/FCF Ratio131.86
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Kernex Microsystems India Ltd. Business Overview & Revenue Model
Company Description
Kernex Microsystems (India) Limited, together with its subsidiaries, engages in conceptualizing, designing, developing, manufacturing, installing, and maintaining of level crossing protection systems and anti-collision systems for the railroad sec...
How the Company Makes Money
Kernex primarily makes money by executing railway technology and safety system contracts. Revenue is typically generated through (1) project/contract income from the design, supply, installation, integration, testing, and commissioning of railway ...
Kernex Microsystems India Ltd. Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
70
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Mar 2025 | Jun 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.23B | 1.90B | 195.98M | 40.40M | 66.52M | 183.23M |
| Gross Profit | 911.26M | 749.32M | -13.45M | 12.18M | 30.17M | 142.12M |
| EBITDA | 535.10M | 422.53M | -197.83M | -160.34M | -121.29M | 50.86M |
| Net Income | 538.09M | 502.37M | -264.12M | -198.15M | -171.99M | 20.17M |
Balance Sheet | ||||||
| Total Assets | 4.61B | 2.36B | 1.59B | 1.02B | 775.31M | 922.98M |
| Cash, Cash Equivalents and Short-Term Investments | 357.20M | 150.21M | 39.08M | 152.94M | 67.64M | 51.57M |
| Total Debt | 888.72M | 403.23M | 279.92M | 107.02M | 180.54M | 202.46M |
| Total Liabilities | 2.88B | 791.41M | 525.17M | 196.12M | 292.07M | 295.42M |
| Stockholders Equity | 1.74B | 1.58B | 1.07B | 821.51M | 482.33M | 626.52M |
Cash Flow | ||||||
| Free Cash Flow | -467.20M | 104.14M | -764.44M | -280.78M | -47.71M | 25.80M |
| Operating Cash Flow | -439.94M | 145.46M | -716.30M | -273.87M | -46.14M | 32.75M |
| Investing Cash Flow | -42.28M | -88.44M | -45.92M | -6.27M | 62.92M | 9.83M |
| Financing Cash Flow | 413.10M | 54.12M | 648.37M | 451.46M | 326.00K | -14.56M |
Kernex Microsystems India Ltd. Technical Analysis
Positive
1043.00
Price Trends
1069.85
Positive
1124.44
Positive
1138.86
Positive
Market Momentum
35.59
Negative
63.89
Neutral
85.95
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:KERNEX, the sentiment is Positive. The current price of 1043 is above the 20-day moving average (MA) of 1018.55, below the 50-day MA of 1069.85, and below the 200-day MA of 1138.86, indicating a bullish trend. The MACD of 35.59 indicates Negative momentum. The RSI at 63.89 is Neutral, neither overbought nor oversold. The STOCH value of 85.95 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:KERNEX.
Kernex Microsystems India Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | ₹261.43B | 39.42 | ― | 1.38% | 0.76% | -19.96% | |
65 Neutral | ₹21.80B | 84.78 | ― | ― | 123.77% | 946.70% | |
64 Neutral | ₹50.50B | 125.84 | ― | 0.21% | 10.79% | -3.84% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | ₹94.18B | 47.16 | ― | 0.19% | 4.62% | 14.07% | |
58 Neutral | ₹8.23B | 9.73 | ― | ― | 12.28% | 4.28% | |
53 Neutral | ₹15.67B | 163.07 | ― | ― | 18.25% | ― |
* Technology Sector Average
IN:KERNEX
Kernex Microsystems India Ltd.
1,352.30
597.10
79.07%
IN:BBOX
Black Box Limited
640.45
249.61
63.87%
IN:KELLTONTEC
Kellton Tech Solutions Ltd.
15.86
-5.96
-27.31%
IN:MAPMYINDIA
C.E. Info Systems Ltd.
930.10
-898.98
-49.15%
IN:RAMCOSYS
Ramco Systems Limited
420.10
25.60
6.49%
IN:TATAELXSI
Tata Elxsi Limited
4,130.35
-1,567.53
-27.51%
Kernex Microsystems India Ltd. Corporate Events
Kernex Microsystems Closes Trading Window Ahead of FY26 Results
Mar 31, 2026
Kernex Microsystems (India) Ltd. has announced the closure of its trading window for designated persons and their immediate relatives from April 1, 2026, in line with its code of conduct and SEBI’s Prohibition of Insider Trading Regulations,...
Kernex Forms Joint Venture to Develop Advanced Rail Signalling on Kavach Platform
Mar 7, 2026
Kernex Microsystems India Ltd. has entered into a joint venture agreement with Bharat Heavy Engineering Pvt. Ltd. to develop a Moving Block System integrated with Automatic Train Supervision and Automatic Train Operation on the Kavach platform and...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.