KERNEX
Kernex Microsystems India Ltd
NSE BSELast Traded Price
₹1705.2
-28.2 (-1.63%)
Open
₹1732
High
₹1732
Low
₹1683.4
Prev Close
₹1733.4
Industry
Transport Related Services
Market Cap
2864.51 Cr
Filing History
Recent corporate announcements and filings for 532686
Governance
Neutral
2026-11-09 17:01
- Board Meeting scheduled on Saturday, 14th November 2026.
- To consider and approve Un-Audited Standalone and Consolidated Financial Results for Q2 and H1 ended 30th September 2026.
- Trading window to remain closed until 16th November 2026.
Financials
Positive
2026-10-13 13:31
- Kernex Microsystems (India) Limited received a revised credit rating from CARE Ratings Limited.
- Long-term/Short-term bank facilities upgraded to CARE BBB; Stable / CARE A3+ from CARE BBB-; Stable / CARE A3.
- Long-term bank facilities enhanced and upgraded to CARE BBB; Stable from CARE BBB-; Stable.
Financials
Positive
2026-10-13 13:28
- Kernex Microsystems received a revised credit rating from CARE Ratings Limited on October 13, 2026.
- Long-term bank facilities of ₹125.00 Crore upgraded to CARE BBB; Stable from CARE BBB-; Stable.
- Short-term bank facilities upgraded to CARE A3+ from CARE A3, with facility enhanced from ₹100.00 Crore.
- Additional long-term bank facilities of ₹10.00 Crore assigned CARE BBB; Stable.
- Long-term bank facilities of ₹525.00 Crore upgraded to CARE BBB; Stable from CARE BBB-; Stable, with facility enhanced from ₹175.00 Crore.
Governance
Neutral
2026-10-01 22:17
- Kernex Microsystems India Ltd held its 34th Annual General Meeting (AGM) on September 30, 2026.
- All 9 resolutions, including adoption of financial statements, re-appointment of directors and independent directors, and cost auditor remuneration, were passed with requisite majority.
- Voting results and scrutinizer report submitted pursuant to Regulation 44 of SEBI (LODR) Regulations, 2015.
Governance
Neutral
2026-09-30 15:33
- Kernex Microsystems India Ltd held its 34th Annual General Meeting (AGM) on September 30, 2026, through Video Conference.
- Shareholders considered standalone and consolidated financial statements for FY ended March 31, 2026.
- Re-appointment of Whole-Time Directors and Independent Directors, and approval of cost auditor remuneration were transacted.
Routine
Neutral
2026-09-25 15:02
- Trading window for designated persons and their immediate relatives closed from October 1, 2026.
- Closure pertains to the declaration of un-audited financial results for Q2 and half year ended September 30, 2026.
- Trading window will reopen 48 hours after the declaration of financial results.
Routine
Neutral
2026-09-25 14:48
- Trading window closure for designated persons and their immediate relatives effective from October 1, 2026.
- Closure will continue until 48 hours after the declaration of un-audited financial results for the quarter and half-year ended September 30, 2026.
Governance
Neutral
2026-09-22 15:53
CRITICAL RED FLAG DETECTED
- Addendum to FY2025-26 Boards' Report filed on Sept 22, 2026.
- Re-appointment of Mr. Adabala Seshagiri Rao and Mr. Pasupuleti Dinakara Rao as Independent Directors for 5 years.
- Appointment of Mrs. Renuka Rani C as Additional Independent Director.
- Mr. Ayyagari Viswanadha Sarma ceased as Independent Director from Sept 5, 2026 due to term expiry.
Governance
Neutral
2026-09-08 21:32
- 34th Annual General Meeting (AGM) of Kernex Microsystems (India) Limited will be held on Wednesday, 30th September 2026, at 11:00 A.M. (IST) via Video Conferencing/Other Audio - Visual Means.
- The cut-off date for the AGM is 23rd September 2026.
- The Register of Members and Share Transfer Books will remain closed from 24th September 2026 to 30th September 2026 for the purpose of the AGM.
Governance
Neutral
2026-09-08 21:31
- The 34th Annual General Meeting (AGM) of Kernex Microsystems (India) Limited will be held on Wednesday, 30th September 2026 at 11:00 A.M. (IST) via Video Conferencing/Other Audio - Visual Means.
- The cut-off date for the 34th AGM is 23rd September 2026.
- The Register of Members and Share Transfer Books will remain closed from Thursday, 24th September 2026 to Wednesday, 30th September 2026 for the purpose of the AGM.
Financials
Positive
2026-09-04 08:48
- Q1 FY26-27 Consolidated Revenue ₹504 Cr vs ₹56 Cr (▲800% YoY)
- EBITDA ₹163 Cr vs ₹13 Cr (▲1153.85% YoY)
- PAT ₹110 Cr vs ₹7 Cr (▲1471.43% YoY)
- EBITDA Margin 32.34% vs 23.21% (▲913bps)
Financials
Positive
2026-09-04 08:40
- Q1 FY26-27 Consolidated Revenue ₹504 Cr vs ₹56 Cr (▲800% YoY)
- EBITDA ₹163 Cr vs ₹13 Cr (▲1154% YoY)
- PAT ₹110 Cr vs ₹7 Cr (▲1471% YoY)
- EBITDA Margin 32.34% vs 23.21% (▲913bps)
Business Update
Positive
2026-08-20 11:07
- Order Win: Kernex Microsystems (India) Ltd. won an order from Integral Coach Factory (ICF), Chennai
- Order Value: ₹31.87 Crores (Incl. GST)
- Details: For Supply, Installation, Testing and Commissioning of On-board KAVACH system (upgradation from version 3.2 to 4.0, including hardware and software).
- Completion Timeline: On or before March 31, 2027.
Business Update
Positive
2026-08-20 11:01
- Order Win: Kernex Microsystems (India) Ltd. won order from Integral Coach Factory (ICF), Chennai
- Order Value: ₹31.87 Cr. (Incl. GST)
- Completion Timeline: On or before 31/03/2027
- Scope: Supply, Installation, Testing, and Commissioning of On-board KAVACH upgradation from version 3.2 to 4.0, including hardware and software as per RDSO Specification.
Business Update
Positive
2026-08-17 15:19
- CLW-II order: 1,360 of 3,024 units supplied. Remaining 1,664 units to be dispatched by November 2026, with installation by February 2027.
- Diversification: Secured ~₹15.90 Cr order.
- Expects 3% annual AMC revenue for 11 years post-warranty.
Business Update
Positive
2026-08-17 15:17
- CLW-II Order Execution: Total order for 3,024 units from Chittaranjan Locomotive Works (CLW).
- 1,360 units supplied as of August 13, 2026.
- Remaining 1,664 units: 175 units for dispatch in August 2026, 1,025 units (95% complete) for dispatch in September/October 2026, and the balance by November 2026.
- Installation and commissioning to be completed by February 5, 2027.
- Company expects to earn Annual Maintenance Contract (AMC) revenue of ~3% of capital cost per annum for 11 years post warranty.
- Diversification: Secured an additional order of approximately ₹15.90 crore.
Governance
Neutral
2026-08-13 12:09
- The Board of Directors met on August 13, 2026.
- Approved Un-Audited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026.
- Re-appointed Mr. Badari Narayana Raju Manthena as Whole-Time Director for a further period of three years effective September 2, 2026.
- Re-appointed Mr. Sitarama Raju Manthena as Whole-Time Director for a further period of three years effective September 2, 2026.
Routine
Neutral
2026-08-13 12:09
- The provided document is largely blank, containing only the company header 'KERNEX MICROSYSTEMS (INDIA) LTD.' and 'Continuation Sheet...' on one page. No other substantive information, financial results, or business updates are present for analysis.
Governance
Neutral
2026-08-13 12:08
- Re-appointment of Mr. M Sitarama Raju (DIN: 08576273) as a Whole-Time Director.
- Re-appointed for a period of 3 years effective from 2nd September 2026.
Financials
Positive
2026-08-13 12:07
- Q1 FY27 Consolidated Revenue ₹503.58 Cr vs Q1 FY26 ₹55.93 Cr (▲800.41% YoY)
- EBITDA ₹162.82 Cr vs ₹12.58 Cr (▲1194.11% YoY)
- PAT ₹109.85 Cr vs ₹7.41 Cr (▲1382.46% YoY)
- EBITDA Margin 32.33% vs 22.49% (▲984bps)
- Outstanding order book of ₹3,641 Cr.
- Re-appointment of two Whole Time Directors for three years.
- Auditors highlighted recoverability risk for ₹4.23 Cr long-outstanding trade receivables and ₹2.65 Cr bank guarantees.
Routine
Neutral
2026-08-13 12:03
The provided PDF contains no readable text, therefore analysis regarding financial results, business updates, governance changes, or ownership details cannot be performed.
Governance
Neutral
2026-08-07 15:42
- Board Meeting scheduled for August 13, 2026.
- To consider and approve Un-Audited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026.
- Trading window will remain closed until August 15, 2026.
Business Update
Positive
2026-08-02 09:06
- Order Win: Kernex Microsystems (India) Ltd. won an order from Integral Coach Factory (ICF), Chennai.
- Order Value: ₹66.62 Crores (Incl. GST).
- Completion Timeline: On or before March 31, 2028.
- Details: For Supply, Installation, Interfacing, Testing, and Commissioning of On-board KAVACH Equipment for EMU/MEMU.
Business Update
Positive
2026-08-02 09:02
- Order Win: Kernex Microsystems (India) Ltd. won an order from Integral Coach Factory ("ICF"), Chennai.
- Order Value: ₹66.62 Crores (Incl. GST).
- Nature of Order: Supply, Installation, interfacing with Electrics of EMU/MEMU, Testing and Commissioning of On-board KAVACH Equipment.
- Completion Timeline: On or before March 31, 2028.
Governance
Neutral
2026-07-31 16:49
- All 7 resolutions put to postal ballot were passed by shareholders with requisite majority on July 29, 2026.
- Resolutions include increasing borrowing powers, creating charge on assets, increasing managerial remuneration for 3 directors, appointing Mrs. Parvathi Manthena as Director, and approving a related party transaction.
Governance
Neutral
2026-07-31 16:45
- Voting results for the Postal Ballot transacted on July 29, 2026, were announced by Kernex Microsystems (India) Ltd.
- Shareholders approved increasing the Board's borrowing powers and creating a charge/security on company assets.
- Resolutions to increase managerial remuneration for Mr. M B Narayana Raju, Mr. M Sitarama Raju, and Ms. Sreelakshmi Manthena were passed.
- The appointment of Mrs. Parvathi Manthena as a Director and a related party transaction for Mr. Alluri Sitarama Raju Manthena were also approved.
Governance
Neutral
2026-07-31 16:43
- Postal Ballot results announced on July 31, 2026, for resolutions passed on July 29, 2026.
- Members approved increasing Board's borrowing powers, creating charges on assets, increasing managerial remuneration for three directors, appointing a new director, and a related party transaction.
Routine
Neutral
2026-07-14 11:39
New Filing detected. See link for details.
Routine
Neutral
2026-07-14 11:36
New Filing detected. See link for details.
Ownership
Neutral
2026-07-06 17:23
- Listing and trading approval received for 1,200 equity shares of ₹10/- each.
- Shares were allotted under the Kernex Microsystems (India) Limited Employee Stock Option Scheme 2023.
- Approval granted by NSE and BSE on July 6, 2026, with trading effective July 7, 2026.
Routine
Neutral
2026-07-06 17:20
- Kernex Microsystems (India) Ltd. received listing and trading approval for 1,200 equity shares of Rs. 10/- each, allotted under its Employee Stock Option Scheme 2023.
- The shares are admitted to dealings on NSE and BSE effective from July 7, 2026.
Business Update
Positive
2026-07-02 12:41
- Kernex Microsystems successfully commissioned Kavach Version 4.0 on 207 km of North Central Railway. Total Kavach 4.0 coverage in NCR is now 652 km (572 km by Kernex), supporting train speeds up to 160 kmph, including installations at 39 stations.
Business Update
Positive
2026-07-02 12:40
- Kernex successfully commissioned Kavach Version 4.0 on the 207 km Tundla-Panki Dham section of North Central Railway.
- The system, covering 572 km by Kernex in NCR, supports train operations up to 160 kmph and integrates with Hitachi Electronic Interlocking System.
Routine
Neutral
2026-06-30 15:47
- Intimation of closure of trading window for designated persons.
- The window closes from July 1, 2026.
- It will reopen 48 hours after the declaration of un-audited financial results for the first quarter ended on June 30, 2026.
Routine
Neutral
2026-06-30 15:46
- The trading window for dealing in the Company's securities will close from July 1, 2026.
- It will reopen 48 hours after the declaration of un-audited financial results for the quarter ended June 30, 2026.
Routine
Neutral
2026-06-30 11:35
New Filing detected. See link for details.
Governance
Neutral
2026-06-29 15:53
- Postal Ballot Notice for resolutions including increasing borrowing powers (up to ₹1,000 Cr), creating charges on assets, revising managerial remuneration for three KMPs (with ₹55 Lakhs one-time bonus each for FY25-26), director appointment, and related party transaction for GM (Operations).
Governance
Neutral
2026-06-29 15:48
- Postal Ballot Notice seeks shareholder approval for:
- Increasing Board borrowing powers by ₹1,000 Cr.
- Creating charges on assets.
- Revised remuneration for 3 KMPs and a related party transaction.
- Appointment of a new Director.
- E-voting: June 30 - July 29, 2026. Results by July 31, 2026.
Ownership
Neutral
2026-06-17 15:45
- Kernex Microsystems (India) Ltd. allotted 1,200 Equity Shares of face value Rs.10/- each at an exercise price of Rs.25/- under the KMIL ESOS - 2023.
- This increases the company's paid-up capital from Rs. 16,80,24,220/- to Rs. 16,80,36,220/-.
Governance
Neutral
2026-06-17 15:41
- Kernex Microsystems (India) Ltd. allotted 1,200 equity shares of face value ₹10 each under the KMIL ESOS - 2023 upon exercise of options by eligible employees at an exercise price of ₹25 per share.
- The total paid-up capital increased from ₹16,80,24,220 to ₹16,80,36,220.
Governance
Neutral
2026-05-29 14:14
KERNEX MICROSYSTEMS (INDIA) LTD. announced a rectification on May 29, 2026, regarding the outcome of its Board Meeting. The Board approved the re-appointment of M/s. Thirupathi & Associates as the Internal Auditors for the Financial Year 2026-27. The company clarified that the earlier reference to them as Cost Auditors should be read as Internal Auditors.
Governance
Positive
2026-05-29 13:50
Kernex Microsystems (India) Ltd. announced on May 29, 2026, that Mr. E. B. Rao's designation has changed from Chief Operating Officer (COO) to President - Diversification and New Business Opportunities. This move indicates a strategic focus on expanding the company's business avenues.
Governance
Neutral
2026-05-29 13:49
Kernex Microsystems (India) Ltd. announced the Board's approval for a change in designation of Mr. E. B. Rao from Chief Operating Officer (COO) to President - Diversification and New Business Opportunities, effective May 29, 2026. This change is in compliance with Regulation 30 of SEBI LODR Regulations.
Governance
Positive
2026-05-29 13:36
The Board of Directors of Kernex Microsystems (India) Ltd., in its meeting on May 29, 2026, approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. Additionally, the Board approved the appointment of Mrs. Parvathi Manthena (DIN 11537664) as a Non-Executive Director and the re-appointment of M/s. Thirupathi & Associates and M/s. MPR & Associates as Cost Auditors for FY 2026-27. Mrs. Manthena, a promoter for over 20 years, is expected to add significant value to the Board.
Governance
Neutral
2026-05-29 13:32
The Board of Directors of Kernex Microsystems (India) Ltd., at its meeting on May 29, 2026, approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. Additionally, Mrs. Parvathi Manthena was appointed as a Non-Executive Director, and M/s. Thirupathi & Associates and M/s. MPR & Associates were re-appointed as Cost Auditors for the financial year 2026-27.
Financials
Positive
2026-05-29 13:30
Consolidated Revenue ₹25,457.69 Lakhs vs ₹8,306.96 Lakhs (▲206.45% YoY), EBITDA ₹10,511.69 Lakhs vs ₹1,712.01 Lakhs (▲514.0% YoY), PAT ₹6,825.09 Lakhs vs ₹3,253.04 Lakhs (▲109.8% YoY). EBITDA Margin 41.30% vs 20.61% (▲2069bps). The Board also approved the appointment of Mrs. Parvathi Manthena as a Non-Executive Director and re-appointed Cost Auditors. The auditors noted an Emphasis of Matter regarding long-outstanding trade receivables (₹422.73 Lakhs with ₹309.59 Lakhs ECL provision) and bank guarantees (₹265.03 Lakhs) under arbitration, though their opinion remained unmodified.
Financials
Positive
2026-05-29 13:28
Consolidated Revenue ₹254.58 Cr vs ₹83.07 Cr (▲206.45% YoY), EBITDA ₹105.12 Cr vs ₹17.12 Cr (▲514.00% YoY), PAT ₹68.25 Cr vs ₹32.53 Cr (▲109.80% YoY). EBITDA Margin 41.29% vs 20.61% (▲2068bps).
Business Update
Positive
2026-05-28 18:27
Order Win: Kernex Microsystems (India) Ltd. won an order from Jindal Steel Limited (JSL) for the design, supply, installation, testing, and commissioning of an advanced Yard Safety Management & Automation System (Torpedo & Loco Tracking System) for ₹15.90 Crores (Excl. GST). This project diversifies Kernex's presence beyond traditional railway-focused operations into industrial applications.
Business Update
Positive
2026-05-28 18:20
Order Win: Kernex Microsystems (India) Ltd. won an order from Jindal Steel Limited (JSL) for the design, supply, installation, testing and commissioning of an advanced Yard Safety Management & Automation System (Torpedo & Loco Tracking System). The Order Value is ₹15.90 Crores (Excl. GST).
Business Update
Positive
2026-05-27 12:56
Kernex Microsystems (India) Ltd. has received an order from Chittaranjan Locomotive Works (CLW) valued at ₹475.21 Crores. The order is for the supply, installation, testing, and commissioning of On-board KAVACH Loco Equipment, with a completion timeline of 12 months from the date of contract.
Business Update
Positive
2026-05-27 12:51
Order Win: Kernex Microsystems (India) Ltd. won an order from Chittaranjan Locomotive Works (CLW) for the Supply, Installation, Testing and Commissioning of On-board KAVACH Loco Equipment. Order Value: ₹475.21 Crores. Completion Timeline: 12 months from the date of contract.
Governance
Neutral
2026-05-22 15:33
Kernex Microsystems (India) Ltd. announced that a Board Meeting will be held on May 29, 2026, to consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. The trading window for designated persons will remain closed until May 31, 2026.
Business Update
Positive
2026-04-13 13:22
Kernex Microsystems (India) Ltd. received an order from PCMM Office, Patiala, valued at Rs. 67.53 Crores for the Supply, Installation, Testing and Commissioning of On-board KAVACH Loco Equipment. The order is to be executed on or before April 15, 2027.
Business Update
Positive
2026-04-13 13:18
Kernex Microsystems (India) Ltd. has been awarded an order valued at Rs. 67.53 Crores (Incl. GST) by PCMM Office, Patiala, for the Supply, Installation, Testing, and Commissioning of On-board KAVACH Loco Equipment. The order is to be executed on or before April 15, 2027.
Routine
Neutral
2026-04-10 14:51
Kernex Microsystems (India) Ltd. submitted a certificate confirming compliance with SEBI (Depositories and Participants) Regulations, 2018, Regulation 74(5) for the quarter ended March 31, 2026, regarding dematerialized/rematerialized securities.
Business Update
Positive
2026-04-03 21:00
BLW HQ-STORES issued a counter offer to M/s KERNEX MICROSYSTEMS INDIA LIMITED for the supply, installation, testing, and commissioning of 112 sets of On-board KAVACH equipment with a purchase value of Rs. 911,177,120.00. The offer is dated 02/04/2026.
Business Update
Positive
2026-04-03 20:55
Kernex Microsystems (India) Ltd. received an order valued at Rs. 91.12 Crores from Banaras Locomotive Works (BLW) for the supply, installation, testing, and commissioning of 112 sets of On-board KAVACH Loco Equipment. The order is to be executed by Feb 15, 2027.
Routine
Neutral
2026-03-31 19:37
Kernex Microsystems announced the closure of the trading window for designated persons and their relatives from April 1, 2026, until 48 hours after the declaration of audited financial results for the financial year ended March 31, 2026, as per SEBI regulations.
Routine
Neutral
2026-03-31 19:36
Kernex Microsystems (India) Ltd. announced the closure of its trading window for designated persons and their relatives from April 1, 2026, until 48 hours after the declaration of audited financial results for the financial year ended March 31, 2026.
Business Update
Positive
2026-03-07 20:15
Kernex Microsystems (India) Ltd entered a Joint Venture with Bharat Heavy Engineering Private Limited with a 51% stake to develop a Moving Block System integrated with ATS and ATO on the Kavach platform and CTC, signifying a new business opportunity.
Business Update
Positive
2026-03-07 20:13
Kernex Microsystems entered a Joint Venture agreement with Bharat Heavy Engineering Private Limited (BHEL) (51% Kernex, 49% BHEL) to develop a Moving Block System integrated with ATS and ATO on the Kavach platform and CTC.
Routine
Neutral
2026-02-12 11:12
New Filing detected. See link for details.
Business Update
Positive
2026-02-11 16:27
Kernex Microsystems received an order valued at Rs. 411.17 Crores (incl. GST) from Banaras Locomotive Works. The order is for the supply, installation, testing, and commissioning of 505 On-board KAVACH Loco Equipment, to be completed within 12 months.
Ownership
Neutral
2026-02-02 17:22
Kernex Microsystems (India) Limited secured listing and trading approval from NSE and BSE on February 2, 2026, for 43,000 equity shares (Rs. 10/- each) allotted under its ESOP 2023, effective February 3, 2026.