Kernex Microsystems (India) Ltd.
•₹ 1,934.55.31%
2026-08-21
PROS
- Company has delivered good profit growth of 71.0% CAGR over last 5 years
- Latest quarter profit grew 1382.0% YoY, showing strong momentum
- Operating margins have improved to 21.5% from -115.8%
- Company has delivered good sales growth of 66.4% CAGR over last 5 years
- Working capital cycle has improved - days down from 1474 to 212
- Company maintains a comfortable, low leverage position
CONS
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -27.89x)
- Company has a low return on capital employed of -6.8%
- Company has a low return on equity of -7.4% over last 3 years
- Operating cash flow has been negative in recent years
- Effective tax rate is unusually low at -54.0% - earnings may be flattered
- Equity base is being diluted - shares outstanding up 34.1%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | SYRMA | 1491.90 | 78.15 | 28768.38 | 0.10 | 105.69 | 111.72 | 1588.62 | 68.29 | 17.70 | 10.17 |
| 2. | KAYNES | 3811.00 | 73.90 | 25546.91 | 0.00 | 56.43 | -24.37 | 946.02 | 40.47 | 14.67 | 15.60 |
| 3. | AVALON | 2240.85 | 112.06 | 14971.51 | 0.00 | 34.87 | 145.31 | 484.41 | 49.83 | 14.12 | 11.96 |
| 4. | UTLSOLAR | 481.20 | 0.00 | 14863.25 | 0.00 | 577.94 | — | 13456.93 | — | 40.63 | 18.94 |
| 5. | VIKRAMSOLR | 170.80 | 17.34 | 6189.01 | 0.00 | 19.78 | -85.17 | 1563.09 | 37.89 | 34.07 | 8.06 |
| 6. | CYIENTDLM | 714.80 | 69.11 | 5674.32 | 0.00 | 16.29 | 118.21 | 373.80 | 34.25 | 10.41 | 9.93 |
| 7. | SAATVIKGL | 399.70 | 20.48 | 5080.39 | 0.00 | 53.63 | -54.01 | 5110.10 | 458.04 | 55.18 | 6.62 |
| 8. | CENTUM | 3372.45 | 100.33 | 4978.42 | 0.15 | 10.55 | 135.70 | 204.15 | -22.53 | 26.02 | 11.54 |
| 9. | WEBELSOLAR | 82.79 | 11.86 | 3594.44 | 0.30 | 777.90 | 1511.56 | 3726.00 | 2053.88 | 59.38 | 33.70 |
| 10. | KERNEX | 1870.00 | 16.48 | 3142.28 | 0.00 | 109.85 | 1382.00 | 503.58 | 800.38 | 23.69 | 32.33 |
| 11. | MODINSULAT | 439.60 | 22.01 | 2072.45 | 0.00 | 29.60 | 94.43 | 188.30 | 33.19 | 10.53 | 16.89 |
| 12. | INA | 93.05 | 10.25 | 2051.30 | 0.00 | 380.25 | 796.94 | 7406.98 | 1766.82 | 34.98 | 9.74 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | 8 | 9 | 29 | 41 | 37 | 83 | 56 | 47 | 73 | 255 | 504 | |
| 1 | 5 | 13 | 21 | 24 | 31 | 28 | 66 | 43 | 33 | 56 | 149 | 356 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 |
| Interest | 0 | 0 | 1 | 1 | 1 | 3 | 1 | 2 | 3 | 5 | 9 | 12 | 13 |
| Depreciation | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| -1 | -4 | -9 | -13 | 3 | 7 | 7 | 15 | 10 | 9 | 6 | 92 | 148 | |
| Tax % | -9.30% | -10.46% | -0.59% | 4.88% | -4.08% | -0.29% | -0.85% | -114.01% | 22.41% | 28.35% | 3.35% | 25.91% | 25.85% |
| Net Profit | 0 | 0 | 0 | 0 | 4 | 7 | 7 | 33 | 7 | 7 | 6 | 68 | 110 |
| -1 | -3 | -5 | -8 | 2 | 4 | 4 | 19 | 4 | 4 | 4 | 41 | 7 | |
| Equity Capital | 15 | 15 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 15 | 15 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 1
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- -1
- Tax %
- -9.30%
- Net Profit
- 0
- -1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1
- 5
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- -4
- Tax %
- -10.46%
- Net Profit
- 0
- -3
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 8
- 13
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 3
- -9
- Tax %
- -0.59%
- Net Profit
- 0
- -5
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 9
- 21
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 1
- -13
- Tax %
- 4.88%
- Net Profit
- 0
- -8
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 29
- 24
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 1
- 3
- Tax %
- -4.08%
- Net Profit
- 4
- 2
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 41
- 31
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 1
- 7
- Tax %
- -0.29%
- Net Profit
- 7
- 4
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 37
- 28
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 1
- 7
- Tax %
- -0.85%
- Net Profit
- 7
- 4
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 83
- 66
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 1
- 15
- Tax %
- -114.01%
- Net Profit
- 33
- 19
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 56
- 43
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 1
- 10
- Tax %
- 22.41%
- Net Profit
- 7
- 4
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 47
- 33
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 5
- Depreciation
- 1
- 9
- Tax %
- 28.35%
- Net Profit
- 7
- 4
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 73
- 56
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 9
- Depreciation
- 2
- 6
- Tax %
- 3.35%
- Net Profit
- 6
- 4
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 255
- 149
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 12
- Depreciation
- 2
- 92
- Tax %
- 25.91%
- Net Profit
- 68
- 41
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 504
- 356
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 13
- Depreciation
- 2
- 148
- Tax %
- 25.85%
- Net Profit
- 110
- 7
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 12 | 12 | 13 | 8 | 15 | 18 | 7 | 4 | 20 | 190 | 878 | |
| 21 | 33 | 25 | 21 | 22 | 14 | 16 | 21 | 42 | 149 | 594 | |
| Operating Profit | -7 | -19 | -11 | 8 | 11 | 5 | -8 | -16 | -22 | 42 | — |
| OPM % | -56 | -156 | -82 | 97 | 74 | 28 | -116 | -397 | -110 | 22 | — |
| Other Income | 2 | 2 | 1 | 21 | 18 | 1 | 2 | 1 | 1 | 1 | 2 |
| Interest | 6 | 4 | 2 | 2 | 6 | 1 | 3 | 1 | 3 | 7 | 39 |
| Depreciation | 3 | 3 | 2 | 2 | 2 | 2 | 1 | 2 | 2 | 3 | 7 |
| -16 | -2 | -15 | -22 | 3 | 2 | -17 | -20 | -27 | 33 | 256 | |
| Tax % | 2 | -115 | 4 | 1 | -1 | 3 | -2 | -2 | 0 | -54 | 25 |
| Net Profit | -16 | -4 | -15 | -21 | 3 | 2 | -17 | -20 | -27 | 50 | 191 |
| EPS | -13 | -3 | -12 | -17 | 3 | 2 | -14 | -15 | -16 | 30 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -13 | -3 | -12 | -17 | 3 | 2 | -14 | -13 | -16 | 30 | — |
| Minority Interest | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -13 | -3 | -12 | -17 | 3 | 2 | -14 | -13 | -16 | 30 | — |
Mar 2016
- 12
- 21
- Operating Profit
- -7
- OPM %
- -56
- Other Income
- 2
- Interest
- 6
- Depreciation
- 3
- -16
- Tax %
- 2
- Net Profit
- -16
- EPS
- -13
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -13
Mar 2017
- 12
- 33
- Operating Profit
- -19
- OPM %
- -156
- Other Income
- 2
- Interest
- 4
- Depreciation
- 3
- -2
- Tax %
- -115
- Net Profit
- -4
- EPS
- -3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -3
Mar 2018
- 13
- 25
- Operating Profit
- -11
- OPM %
- -82
- Other Income
- 1
- Interest
- 2
- Depreciation
- 2
- -15
- Tax %
- 4
- Net Profit
- -15
- EPS
- -12
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -12
Mar 2019
- 8
- 21
- Operating Profit
- 8
- OPM %
- 97
- Other Income
- 21
- Interest
- 2
- Depreciation
- 2
- -22
- Tax %
- 1
- Net Profit
- -21
- EPS
- -17
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -17
Mar 2020
- 15
- 22
- Operating Profit
- 11
- OPM %
- 74
- Other Income
- 18
- Interest
- 6
- Depreciation
- 2
- 3
- Tax %
- -1
- Net Profit
- 3
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2021
- 18
- 14
- Operating Profit
- 5
- OPM %
- 28
- Other Income
- 1
- Interest
- 1
- Depreciation
- 2
- 2
- Tax %
- 3
- Net Profit
- 2
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2022
- 7
- 16
- Operating Profit
- -8
- OPM %
- -116
- Other Income
- 2
- Interest
- 3
- Depreciation
- 1
- -17
- Tax %
- -2
- Net Profit
- -17
- EPS
- -14
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -14
Mar 2023
- 4
- 21
- Operating Profit
- -16
- OPM %
- -397
- Other Income
- 1
- Interest
- 1
- Depreciation
- 2
- -20
- Tax %
- -2
- Net Profit
- -20
- EPS
- -15
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -13
Mar 2024
- 20
- 42
- Operating Profit
- -22
- OPM %
- -110
- Other Income
- 1
- Interest
- 3
- Depreciation
- 2
- -27
- Tax %
- 0
- Net Profit
- -27
- EPS
- -16
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -16
Mar 2025
- 190
- 149
- Operating Profit
- 42
- OPM %
- 22
- Other Income
- 1
- Interest
- 7
- Depreciation
- 3
- 33
- Tax %
- -54
- Net Profit
- 50
- EPS
- 30
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 30
TTM
- 878
- 594
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 39
- Depreciation
- 7
- 256
- Tax %
- 25
- Net Profit
- 191
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 26%
- 5 Years:
- 66%
- 3 Years:
- 206%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 71%
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- 47%
- 5 Years:
- 90%
- 3 Years:
- 67%
- 1 Year:
- 73%
RETURN ON EQUITY
- 10 Years:
- -12%
- 5 Years:
- -10%
- 3 Years:
- -7%
- Last Year:
- 38%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 15 | 17 | 17 |
| 84 | 75 | 64 | 43 | 46 | 50 | 30 | 67 | 90 | 140 | |
| 27 | 24 | 26 | 20 | 11 | 20 | 18 | 11 | 28 | 40 | |
| Trade Payables | 13 | 11 | 6 | 0 | 1 | 1 | 2 | 0 | 16 | 20 |
| 19 | 10 | 12 | 8 | 9 | 8 | 15 | 9 | 8 | 2 | |
| Total Liabilities | 156 | 133 | 120 | 84 | 79 | 92 | 78 | 102 | 159 | 219 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 50 | 55 | 54 | 43 | 33 | 32 | 25 | 24 | 24 | 25 | |
| Capital Work in Progress | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 25 | 10 | 9 | 2 | 1 | 8 | 7 | 14 | 72 | 53 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 24 | |
| Cash & Bank | 5 | 6 | 6 | 7 | 15 | 18 | 19 | 33 | 19 | 34 |
| 67 | 62 | 51 | 31 | 30 | 35 | 25 | 31 | 39 | 83 | |
| Total Assets | 156 | 133 | 120 | 84 | 79 | 92 | 78 | 102 | 159 | 219 |
| Total Debt | 33 | 24 | 26 | 21 | 11 | 20 | 18 | 11 | 28 | 40 |
| Net Working Capital | 33 | 27 | 23 | 5 | 18 | 23 | 21 | 44 | 79 | 110 |
| Contingent Liabilities | 15 | 18 | 18 | 16 | 45 | 21 | 25 | 37 | 61 | 92 |
| Book Value per Share | 77.27 | 70.13 | 60.94 | 44.49 | 47.18 | 50.12 | 34.17 | 53.14 | 63.61 | 93.47 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 33 | 24 | 26 | 21 | 11 | 20 | 18 | 11 | 28 | 40 |
| Net Working Capital | 33 | 27 | 23 | 5 | 18 | 23 | 21 | 44 | 79 | 110 |
| Contingent Liabilities | 15 | 18 | 18 | 16 | 45 | 21 | 25 | 37 | 61 | 92 |
| Book Value per Share | 77.27 | 70.13 | 60.94 | 44.49 | 47.18 | 50.12 | 34.17 | 53.14 | 63.61 | 93.47 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 12
- 84
- 27
- Trade Payables
- 13
- 19
- Total Liabilities
- 156
- 50
- Capital Work in Progress
- 10
- 25
- 0
- Cash & Bank
- 5
- 67
- Total Assets
- 156
- Total Debt
- 33
- Net Working Capital
- 33
- Contingent Liabilities
- 15
- Book Value per Share
- 77.27
- Face Value
- 10.00
- Total Debt
- 33
- Net Working Capital
- 33
- Contingent Liabilities
- 15
- Book Value per Share
- 77.27
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 12
- 75
- 24
- Trade Payables
- 11
- 10
- Total Liabilities
- 133
- 55
- Capital Work in Progress
- 0
- 10
- 0
- Cash & Bank
- 6
- 62
- Total Assets
- 133
- Total Debt
- 24
- Net Working Capital
- 27
- Contingent Liabilities
- 18
- Book Value per Share
- 70.13
- Face Value
- 10.00
- Total Debt
- 24
- Net Working Capital
- 27
- Contingent Liabilities
- 18
- Book Value per Share
- 70.13
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 12
- 64
- 26
- Trade Payables
- 6
- 12
- Total Liabilities
- 120
- 54
- Capital Work in Progress
- 0
- 9
- 0
- Cash & Bank
- 6
- 51
- Total Assets
- 120
- Total Debt
- 26
- Net Working Capital
- 23
- Contingent Liabilities
- 18
- Book Value per Share
- 60.94
- Face Value
- 10.00
- Total Debt
- 26
- Net Working Capital
- 23
- Contingent Liabilities
- 18
- Book Value per Share
- 60.94
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 12
- 43
- 20
- Trade Payables
- 0
- 8
- Total Liabilities
- 84
- 43
- Capital Work in Progress
- 0
- 2
- 0
- Cash & Bank
- 7
- 31
- Total Assets
- 84
- Total Debt
- 21
- Net Working Capital
- 5
- Contingent Liabilities
- 16
- Book Value per Share
- 44.49
- Face Value
- 10.00
- Total Debt
- 21
- Net Working Capital
- 5
- Contingent Liabilities
- 16
- Book Value per Share
- 44.49
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 12
- 46
- 11
- Trade Payables
- 1
- 9
- Total Liabilities
- 79
- 33
- Capital Work in Progress
- 0
- 1
- 0
- Cash & Bank
- 15
- 30
- Total Assets
- 79
- Total Debt
- 11
- Net Working Capital
- 18
- Contingent Liabilities
- 45
- Book Value per Share
- 47.18
- Face Value
- 10.00
- Total Debt
- 11
- Net Working Capital
- 18
- Contingent Liabilities
- 45
- Book Value per Share
- 47.18
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 12
- 50
- 20
- Trade Payables
- 1
- 8
- Total Liabilities
- 92
- 32
- Capital Work in Progress
- 0
- 8
- 0
- Cash & Bank
- 18
- 35
- Total Assets
- 92
- Total Debt
- 20
- Net Working Capital
- 23
- Contingent Liabilities
- 21
- Book Value per Share
- 50.12
- Face Value
- 10.00
- Total Debt
- 20
- Net Working Capital
- 23
- Contingent Liabilities
- 21
- Book Value per Share
- 50.12
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 12
- 30
- 18
- Trade Payables
- 2
- 15
- Total Liabilities
- 78
- 25
- Capital Work in Progress
- 0
- 7
- 0
- Cash & Bank
- 19
- 25
- Total Assets
- 78
- Total Debt
- 18
- Net Working Capital
- 21
- Contingent Liabilities
- 25
- Book Value per Share
- 34.17
- Face Value
- 10.00
- Total Debt
- 18
- Net Working Capital
- 21
- Contingent Liabilities
- 25
- Book Value per Share
- 34.17
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 15
- 67
- 11
- Trade Payables
- 0
- 9
- Total Liabilities
- 102
- 24
- Capital Work in Progress
- 0
- 14
- 0
- Cash & Bank
- 33
- 31
- Total Assets
- 102
- Total Debt
- 11
- Net Working Capital
- 44
- Contingent Liabilities
- 37
- Book Value per Share
- 53.14
- Face Value
- 10.00
- Total Debt
- 11
- Net Working Capital
- 44
- Contingent Liabilities
- 37
- Book Value per Share
- 53.14
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 17
- 90
- 28
- Trade Payables
- 16
- 8
- Total Liabilities
- 159
- 24
- Capital Work in Progress
- 0
- 72
- 5
- Cash & Bank
- 19
- 39
- Total Assets
- 159
- Total Debt
- 28
- Net Working Capital
- 79
- Contingent Liabilities
- 61
- Book Value per Share
- 63.61
- Face Value
- 10.00
- Total Debt
- 28
- Net Working Capital
- 79
- Contingent Liabilities
- 61
- Book Value per Share
- 63.61
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 17
- 140
- 40
- Trade Payables
- 20
- 2
- Total Liabilities
- 219
- 25
- Capital Work in Progress
- 0
- 53
- 24
- Cash & Bank
- 34
- 83
- Total Assets
- 219
- Total Debt
- 40
- Net Working Capital
- 110
- Contingent Liabilities
- 92
- Book Value per Share
- 93.47
- Face Value
- 10.00
- Total Debt
- 40
- Net Working Capital
- 110
- Contingent Liabilities
- 92
- Book Value per Share
- 93.47
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -4 | -26 | 3 | -25 | -11 | 3 | -5 | -36 | -71 | 15 | |
| Cash from Investing | 0 | 30 | -0 | 29 | 25 | 1 | 6 | -1 | -5 | -9 |
| Cash from Financing | 3 | -4 | -2 | -2 | -6 | -1 | 0 | 45 | 64 | 5 |
| -0 | 0 | 1 | 1 | 7 | 3 | 2 | 9 | -11 | 11 | |
| Free Cash Flow | -4 | -26 | 3 | -25 | -11 | 3 | -5 | -37 | -73 | 10 |
| OCF / Net Profit | 0.22 | 6.31 | -0.21 | 1.18 | -3.28 | 1.62 | 0.27 | 1.80 | 2.66 | 0.29 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -63 | -56 | -35 | -75 | -123 | -101 |
| OCF / Net Profit | 0.22 | 6.31 | -0.21 | 1.18 | -3.28 | 1.62 | 0.27 | 1.80 | 2.66 | 0.29 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -63 | -56 | -35 | -75 | -123 | -101 |
Mar 2016
- -4
- Cash from Investing
- 0
- Cash from Financing
- 3
- -0
- Free Cash Flow
- -4
- OCF / Net Profit
- 0.22
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.22
- Cumulative 5-Year FCF
- 0
Mar 2017
- -26
- Cash from Investing
- 30
- Cash from Financing
- -4
- 0
- Free Cash Flow
- -26
- OCF / Net Profit
- 6.31
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 6.31
- Cumulative 5-Year FCF
- 0
Mar 2018
- 3
- Cash from Investing
- -0
- Cash from Financing
- -2
- 1
- Free Cash Flow
- 3
- OCF / Net Profit
- -0.21
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.21
- Cumulative 5-Year FCF
- 0
Mar 2019
- -25
- Cash from Investing
- 29
- Cash from Financing
- -2
- 1
- Free Cash Flow
- -25
- OCF / Net Profit
- 1.18
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.18
- Cumulative 5-Year FCF
- 0
Mar 2020
- -11
- Cash from Investing
- 25
- Cash from Financing
- -6
- 7
- Free Cash Flow
- -11
- OCF / Net Profit
- -3.28
- Cumulative 5-Year FCF
- -63
- OCF / Net Profit
- -3.28
- Cumulative 5-Year FCF
- -63
Mar 2021
- 3
- Cash from Investing
- 1
- Cash from Financing
- -1
- 3
- Free Cash Flow
- 3
- OCF / Net Profit
- 1.62
- Cumulative 5-Year FCF
- -56
- OCF / Net Profit
- 1.62
- Cumulative 5-Year FCF
- -56
Mar 2022
- -5
- Cash from Investing
- 6
- Cash from Financing
- 0
- 2
- Free Cash Flow
- -5
- OCF / Net Profit
- 0.27
- Cumulative 5-Year FCF
- -35
- OCF / Net Profit
- 0.27
- Cumulative 5-Year FCF
- -35
Mar 2023
- -36
- Cash from Investing
- -1
- Cash from Financing
- 45
- 9
- Free Cash Flow
- -37
- OCF / Net Profit
- 1.80
- Cumulative 5-Year FCF
- -75
- OCF / Net Profit
- 1.80
- Cumulative 5-Year FCF
- -75
Mar 2024
- -71
- Cash from Investing
- -5
- Cash from Financing
- 64
- -11
- Free Cash Flow
- -73
- OCF / Net Profit
- 2.66
- Cumulative 5-Year FCF
- -123
- OCF / Net Profit
- 2.66
- Cumulative 5-Year FCF
- -123
Mar 2025
- 15
- Cash from Investing
- -9
- Cash from Financing
- 5
- 11
- Free Cash Flow
- 10
- OCF / Net Profit
- 0.29
- Cumulative 5-Year FCF
- -101
- OCF / Net Profit
- 0.29
- Cumulative 5-Year FCF
- -101
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -12.75 | -3.24 | -11.77 | -17.06 | 2.74 | 1.62 | -13.77 | -12.82 | -15.76 | 29.98 |
| Book Value (₹) | 77.27 | 70.13 | 60.94 | 44.49 | 47.18 | 50.12 | 34.17 | 53.14 | 63.61 | 93.47 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | -10.18 | -1.19 | -9.98 | -15.38 | 4.13 | 2.86 | -12.62 | -11.41 | -14.54 | 31.55 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | -54.89% | -155.80% | -81.82% | 96.66% | 73.60% | 27.76% | -115.81% | -396.93% | -116.71% | 21.50% |
| Net Margin % | -131.23% | -32.92% | -110.60% | -262.16% | 23.02% | 11.03% | -258.76% | -495.60% | -136.29% | 26.37% |
| ROE % | -15.19% | -4.40% | -17.96% | -32.37% | 5.98% | 3.32% | -32.67% | -32.07% | -28.30% | 38.02% |
| ROCE % | -7.28% | 1.50% | -12.27% | -21.67% | 12.65% | 4.63% | -18.19% | -23.15% | -21.02% | 23.69% |
| -10.05% | -2.80% | -11.63% | -20.93% | 4.20% | 2.36% | -20.27% | -22.35% | -20.52% | 26.52% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 1568 | 1386 | 1068 | 1152 | 342 | 248 | 626 | 0 | 94 | 28 |
| Inventory Days | 765 | 520 | 258 | 248 | 46 | 96 | 425 | 958 | 799 | 120 |
| Payable Days | 958 | 355 | 1696 | 257 | 14 | 75 | 146 | 136 | 235 | 68 |
| 1375 | 1551 | -370 | 1143 | 374 | 268 | 906 | 822 | 657 | 79 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.35x | 0.28x | 0.34x | 0.37x | 0.18x | 0.32x | 0.42x | 0.13x | 0.26x | 0.26x |
| Interest Coverage (x) | -1.55x | 0.49x | -6.12x | -8.42x | 1.58x | 2.42x | -4.12x | -16.41x | -8.27x | 5.70x |
| 1.59x | 1.69x | 1.67x | 1.18x | 2.10x | 1.90x | 1.74x | 3.44x | 2.55x | 2.48x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -39.02% | 3.37% | 8.16% | -38.85% | 82.90% | 23.13% | -63.70% | -39.27% | 385.15% | 868.33% |
| Operating Profit Growth % | -24.19% | -187.59% | 43.20% | 172.24% | 39.27% | -53.57% | -251.47% | -108.15% | -34.50% | 295.92% |
| Net Profit Growth % | -26.04% | 74.58% | -263.35% | -44.95% | 116.06% | -41.01% | -951.85% | -16.32% | -33.41% | 287.38% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -22.95% | 290.21% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 25.89x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 8.77x | 8.30x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | -43.74x | 30.93x |
Mar 2016
- EPS (₹)
- -12.75
- Book Value (₹)
- 77.27
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -10.18
- Operating Margin %
- -54.89%
- Net Margin %
- -131.23%
- ROE %
- -15.19%
- ROCE %
- -7.28%
- -10.05%
- Debtor Days
- 1568
- Inventory Days
- 765
- Payable Days
- 958
- 1375
- Debt to Equity (x)
- 0.35x
- Interest Coverage (x)
- -1.55x
- 1.59x
- Revenue Growth %
- -39.02%
- Operating Profit Growth %
- -24.19%
- Net Profit Growth %
- -26.04%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- -3.24
- Book Value (₹)
- 70.13
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -1.19
- Operating Margin %
- -155.80%
- Net Margin %
- -32.92%
- ROE %
- -4.40%
- ROCE %
- 1.50%
- -2.80%
- Debtor Days
- 1386
- Inventory Days
- 520
- Payable Days
- 355
- 1551
- Debt to Equity (x)
- 0.28x
- Interest Coverage (x)
- 0.49x
- 1.69x
- Revenue Growth %
- 3.37%
- Operating Profit Growth %
- -187.59%
- Net Profit Growth %
- 74.58%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -11.77
- Book Value (₹)
- 60.94
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -9.98
- Operating Margin %
- -81.82%
- Net Margin %
- -110.60%
- ROE %
- -17.96%
- ROCE %
- -12.27%
- -11.63%
- Debtor Days
- 1068
- Inventory Days
- 258
- Payable Days
- 1696
- -370
- Debt to Equity (x)
- 0.34x
- Interest Coverage (x)
- -6.12x
- 1.67x
- Revenue Growth %
- 8.16%
- Operating Profit Growth %
- 43.20%
- Net Profit Growth %
- -263.35%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -17.06
- Book Value (₹)
- 44.49
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -15.38
- Operating Margin %
- 96.66%
- Net Margin %
- -262.16%
- ROE %
- -32.37%
- ROCE %
- -21.67%
- -20.93%
- Debtor Days
- 1152
- Inventory Days
- 248
- Payable Days
- 257
- 1143
- Debt to Equity (x)
- 0.37x
- Interest Coverage (x)
- -8.42x
- 1.18x
- Revenue Growth %
- -38.85%
- Operating Profit Growth %
- 172.24%
- Net Profit Growth %
- -44.95%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 2.74
- Book Value (₹)
- 47.18
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.13
- Operating Margin %
- 73.60%
- Net Margin %
- 23.02%
- ROE %
- 5.98%
- ROCE %
- 12.65%
- 4.20%
- Debtor Days
- 342
- Inventory Days
- 46
- Payable Days
- 14
- 374
- Debt to Equity (x)
- 0.18x
- Interest Coverage (x)
- 1.58x
- 2.10x
- Revenue Growth %
- 82.90%
- Operating Profit Growth %
- 39.27%
- Net Profit Growth %
- 116.06%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 1.62
- Book Value (₹)
- 50.12
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.86
- Operating Margin %
- 27.76%
- Net Margin %
- 11.03%
- ROE %
- 3.32%
- ROCE %
- 4.63%
- 2.36%
- Debtor Days
- 248
- Inventory Days
- 96
- Payable Days
- 75
- 268
- Debt to Equity (x)
- 0.32x
- Interest Coverage (x)
- 2.42x
- 1.90x
- Revenue Growth %
- 23.13%
- Operating Profit Growth %
- -53.57%
- Net Profit Growth %
- -41.01%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- -13.77
- Book Value (₹)
- 34.17
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -12.62
- Operating Margin %
- -115.81%
- Net Margin %
- -258.76%
- ROE %
- -32.67%
- ROCE %
- -18.19%
- -20.27%
- Debtor Days
- 626
- Inventory Days
- 425
- Payable Days
- 146
- 906
- Debt to Equity (x)
- 0.42x
- Interest Coverage (x)
- -4.12x
- 1.74x
- Revenue Growth %
- -63.70%
- Operating Profit Growth %
- -251.47%
- Net Profit Growth %
- -951.85%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- -12.82
- Book Value (₹)
- 53.14
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -11.41
- Operating Margin %
- -396.93%
- Net Margin %
- -495.60%
- ROE %
- -32.07%
- ROCE %
- -23.15%
- -22.35%
- Debtor Days
- 0
- Inventory Days
- 958
- Payable Days
- 136
- 822
- Debt to Equity (x)
- 0.13x
- Interest Coverage (x)
- -16.41x
- 3.44x
- Revenue Growth %
- -39.27%
- Operating Profit Growth %
- -108.15%
- Net Profit Growth %
- -16.32%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- -15.76
- Book Value (₹)
- 63.61
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -14.54
- Operating Margin %
- -116.71%
- Net Margin %
- -136.29%
- ROE %
- -28.30%
- ROCE %
- -21.02%
- -20.52%
- Debtor Days
- 94
- Inventory Days
- 799
- Payable Days
- 235
- 657
- Debt to Equity (x)
- 0.26x
- Interest Coverage (x)
- -8.27x
- 2.55x
- Revenue Growth %
- 385.15%
- Operating Profit Growth %
- -34.50%
- Net Profit Growth %
- -33.41%
- -22.95%
- P/E (x)
- 0.00x
- P/B (x)
- 8.77x
- Dividend Yield %
- 0.00%
- -43.74x
Mar 2025
- EPS (₹)
- 29.98
- Book Value (₹)
- 93.47
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 31.55
- Operating Margin %
- 21.50%
- Net Margin %
- 26.37%
- ROE %
- 38.02%
- ROCE %
- 23.69%
- 26.52%
- Debtor Days
- 28
- Inventory Days
- 120
- Payable Days
- 68
- 79
- Debt to Equity (x)
- 0.26x
- Interest Coverage (x)
- 5.70x
- 2.48x
- Revenue Growth %
- 868.33%
- Operating Profit Growth %
- 295.92%
- Net Profit Growth %
- 287.38%
- 290.21%
- P/E (x)
- 25.89x
- P/B (x)
- 8.30x
- Dividend Yield %
- 0.00%
- 30.93x
Documents
Announcements
- Bagging/Receiving of orders/contracts
2026-08-20 - Kernex Microsystems (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
- Updates
2026-08-17 - Kernex Microsystems (India) Limited has informed the Exchange regarding 'Update on Operations'.
Annual Reports
Credit Ratings
Nothing filed yet.