Kernex Microsystems (India) Ltd

Kernex Microsystems (India) Ltd. announced the appointment of Mrs. C Renuka Rani as an Additional Director designated as Independent Director for a period from September 6, 2026, to September 30, 2028, and Mr. A Seshagiri Rao and Mr. P Dinakara Rao as Independent Directors for five-year terms, both subject to shareholder approval, while Mr. A V Sarma has ceased to be an Independent Director and member of various committees upon completion of his two-year term on September 5, 2026.

Kernex Microsystems (India) Ltd. currently trades at Rs 1873.9, after declining 16.44% over the last week. Kernex Microsystems (India) Limited announced that it has been awarded an order valued at Rs 31.87 Crores (including GST) from Integral Coach Factory, Chennai, for the supply, installation, testing, and commissioning of On-board Kavach system upgrades from version 3.2 to 4.0, as per RDSO Specification No. RDSO/SPN/196/2020, including warranty and CAMC. The order, which is expected to be completed on or before March 31, 2027, represents a domestic contract and does not involve any related party transactions. Trading volume reached 1.55 lakh shares today, a decrease of 93.13% compared to the one-week average volume. Kernex Microsystems (India) Ltd surged by 76.85% year-over-year, outperforming the NIFTY50 index's 3.61% loss.

Kernex Microsystems (India) Ltd share price tumbled by 8.52% to Rs 2186.7. The Company's net profit saw a strong growth of 60.95% to Rs 109.85 crore, while revenue from operations increased sharply by 97.81% to Rs 503.58 crore in Q2FY26 over Q1FY26. The market capitalization of Transport Related Services industry group stocks on BSE stood at Rs 12019.05 crore, expanding by 60.85%. It has slipped by 1.72% over last one week and surged by 16.73% in last one month while the market capitalization of Kernex Microsystems (India) Ltd has declined by 10.42% and 55.91% in the same period respectively. Profit before tax (PBT) of Kernex Microsystems (India) Ltd stood at Rs 148.14 crore in Q2 FY26, jumping 1451.20% year-on-year, and surging by 60.81% quarter-on-quarter. EBITDA came in at Rs 162 crore, rallying 1228.40% YoY and surging by 55.79% sequentially. Total expenses surged 126.07% to Rs 342.7 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 268.03 crore, witnessing a sharp rise of 131.40% YoY, while employee benefits expense was at Rs 13.93 crore, witnessing a strong rise of 47.56% YoY. For the TTM ended FY26, revenue from operations witnessed a strong growth of 868.21% to Rs 189.77 crore, while net profit witnessed a sharp fall of 287.38% to Rs 50.05 crore, compared to previous TTM. EBITDA saw a sharp decline of 2469% to Rs 39.36 crore, and PBT collapsed by 221.31% to Rs 32.51 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 14.55 crore in FY26, as against Rs 71.63 crore in FY25. Kernex Microsystems (India) Ltd surged by 92.35% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 2.83% during the same period.

Kernex Microsystems (India) Ltd. is up 3.46% to Rs 2291.7 today, building on recent momentum that has seen the stock rise 3.92% over the last week. Kernex Microsystems (India) Limited announced that it has been awarded an order valued at Rs 66.62 Crores (including GST) from Integral Coach Factory, Chennai, for the supply, installation, interfacing, testing, and commissioning of on-board KAVACH equipment for EMU/MEMU, with completion expected on or before March 31, 2028. The order, awarded domestically, encompasses warranty and CAMC services and falls outside of any related party transactions, according to a regulatory filing. Trading volume totaled 78321 shares today, a decrease of 20.01% from the one-week average volume. Kernex Microsystems (India) Ltd. jumped by 109.63% year-over-year, outperforming the 1.55% loss registered by the NIFTY50 index.

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