Kernex Microsystems (India) Ltd

Kernex Microsystems (India) announced that Integral Coach Factory, Chennai has awarded an order valued at Rs. 100.53 crore to the company for the supply, installation, interfacing with Electrics of Trainset, testing and commissioning of On-board KAVACH Equipment as per ROSO Specification No. ROSOISPNIJ 9612020, Version 4.0 or latest Trainset (Including Warranty and CAMC).

Kernex Microsystems (India) announced that the company-built Kavach Version 4.0 has been successfully commissioned on the 207 km Tundla-Panki Dham section of the North Central Railway. As reported by Indian Railways, the upgraded Kavach Version 4.0 supports train operations at speeds of up to 130 kmph (in the newly commissioned 207 route kilometres). With this, the total Kavach Version 4.0 coverage in the North Central Railway has increased to 652 route kilometres, of which 572 route kilometres have been executed by KERNEX. The Company is further pleased to inform that the Kavach Version 4.0 system executed by KERNEX has successfully demonstrated support for train operations at speeds of up to 160 kmph over an executed section of 175 route kilometres, showcasing Kernex's readiness to support India's ambitious vision for high-speed rail modernization. The commissioning involved successful trial runs using the Kanpur Shatabdi Express and Sikkim Mahananda Express equipped with the Kernex-built Kavach system. The project also achieved successful integration with the Hitachi Electronic Interlocking System without any operational issues, demonstrating the robustness and interoperability of the Company's indigenous Kavach solution. The project includes Kavach installations at 39 stations, commissioning of 10 W AP-7 locomotives, installation of more than 4,600 RFID tags, construction of 17 communication towers, laying of 48-corc optical fibre cable, and establishment of 30 dedicated equipment rooms. Prior to commissioning, the system successfully underwent extensive testing and validation by the Research Designs and Standards Organisation (ROSa), North Central Railway and Independent Safety Assessment (ISA) by Italcertifier, Italy.

Net profit of Kernex Microsystems (India) rose 109.45% to Rs 68.26 crore in the quarter ended March 2026 as against Rs 32.59 crore during the previous quarter ended March 2025. Sales rose 206.46% to Rs 254.58 crore in the quarter ended March 2026 as against Rs 83.07 crore during the previous quarter ended March 2025. For the full year,net profit rose 75.84% to Rs 88.34 crore in the year ended March 2026 as against Rs 50.24 crore during the previous year ended March 2025. Sales rose 126.71% to Rs 430.22 crore in the year ended March 2026 as against Rs 189.77 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales254.5883.07 206 430.22189.77 127 OPM %41.2920.61 -34.5821.50 - PBDT94.2516.13 484 122.8635.33 248 PBT92.1215.20 506 117.0432.51 260 NP68.2632.59 109 88.3450.24 76 Powered by Capital Market - Live

Kernex Microsystems (India) has received a letter of intent from Jindal Steel for design, supply, installation, testing and commissioning of an advanced Yard Safety Management & Automation System (Le. Torpedo & Loco Tracking System) for an amount of 15.90 crore (Excl. GST).

Kernex Microsystems (India) has received an order worth Rs 475.21 crore from Chittaranjan Locomotive Works, Chittaranjan, Barddhaman for the supply, installation, testing and commissioning of on board KA VACH Loco Equipment as per RDSO Specification No. RDSO/SPN/196/2020, Version 4.0 or latest.

The contract involves the supply, installation, testing and commissioning of onboard Kavach locomotive equipment in accordance with RDSO Specification No. RDSO/SPN/196/2020 Version 4.0 or the latest applicable version. According to the company, the order is scheduled to be executed within 12 months from the date of the contract. The company also clarified that neither its promoters nor promoter group entities have any interest in the awarding authority and that the transaction does not qualify as a related-party transaction. Kernex Microsystems (India) is engaged in the manufacture and sale of safety systems and software services for railways. The company reported a 15.88% fall in consolidated net profit to Rs 6.04 crore despite a 97.23% increase in revenue to Rs 72.60 crore in Q3 FY26 as compared with Q3 FY25. Powered by Capital Market - Live

Kernex Microsystems (India) will hold a meeting of the Board of Directors of the Company on 29 May 2026.

The contract, valued at Rs 67.53 crore, involves deployment of KAVACH systems in accordance with RDSO Specification No. RDSO/SPN/196/2020 (Version 4.0 or latest), the company said in a regulatory filing. The scope of work includes end-to-end execution covering supply, installation, testing and commissioning of the onboard equipment. The order is to be executed on or before 15 April 2027. Kernex Microsystems clarified that the contract has been awarded by a domestic entity and does not fall under related party transactions. The company also confirmed that neither the promoter nor promoter group has any interest in the awarding entity. Kernex Microsystems (India) is engaged in the manufacture and sale of safety systems and software services for railways. Kernex Microsystems (India) reported a 15.88% fall in consolidated net profit to Rs 6.04 crore despite a 97.23% increase in revenue to Rs 72.60 crore in Q3 FY26 as compared with Q3 FY25. Shares of Kernex Microsystems (India) rose 0.84% to Rs 1,175.95 on the BSE.

Kernex Microsystems (India) announced that PCMM Office, Patiala has awarded an order valued at Rs. 67.53 crore to the Company for the supply, installation, testing and commissioning of On-board KA VACH Loco Equipment as per RDSO Specification No. ROSO/SPN/196/2020, Version 4.0 or latest.

The contract involves the supply, installation, testing, and commissioning of 112 sets of onboard KAVACH locomotive equipment, in line with RDSO Specification No. RDSO/SPN/196/2020 (Version 4.0 or latest). The project is scheduled to be completed on or before 15 February 2027. The company clarified that neither its promoter nor its promoter group entities have any interest in the awarding authority. Kernex Microsystems (India) is engaged in the manufacture and sale of safety systems and software services for railways. The company had reported a 15.88% fall in consolidated net profit to Rs 6.04 crore despite a 97.23% increase in revenue to Rs 72.60 crore in Q3 FY26 as compared with Q3 FY25.