Kernex Microsystems (India) Ltd.
•₹ 1,934.55.31%
2026-08-21
PROS
- Company has delivered good profit growth of 44.6% CAGR over last 5 years
- Latest quarter profit grew 1388.8% YoY, showing strong momentum
- Operating margins have improved to 21.5% from -148.6%
- Company has delivered good sales growth of 67.0% CAGR over last 5 years
- Working capital cycle has improved - days down from 1495 to 211
- Company maintains a comfortable, low leverage position
CONS
- Company has a low return on capital employed of -4.0%
- Company has a low return on equity of -3.9% over last 3 years
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -8.73x)
- Operating cash flow has been negative in recent years
- Effective tax rate is unusually low at -52.6% - earnings may be flattered
- Total debt has risen sharply - up 64.6% year on year
* 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 | 1443.00 | 75.59 | 27825.44 | 0.10 | 105.69 | 111.72 | 1588.62 | 68.29 | 17.70 | 10.17 |
| 2. | KAYNES | 3823.00 | 74.13 | 25627.35 | 0.00 | 56.43 | -24.37 | 946.02 | 40.47 | 13.38 | 15.60 |
| 3. | AVALON | 2242.60 | 112.15 | 14983.20 | 0.00 | 34.87 | 145.31 | 484.41 | 49.83 | 14.12 | 11.96 |
| 4. | UTLSOLAR | 481.20 | 0.00 | 14654.56 | 0.00 | 577.94 | — | 13456.93 | — | 40.63 | 18.94 |
| 5. | VIKRAMSOLR | 171.90 | 17.46 | 6228.87 | 0.00 | 19.78 | -85.17 | 1563.09 | 37.89 | 34.07 | 8.06 |
| 6. | CYIENTDLM | 731.15 | 70.69 | 5804.11 | 0.00 | 16.29 | 118.21 | 373.80 | 34.25 | 10.41 | 9.93 |
| 7. | CENTUM | 3449.60 | 102.62 | 5092.31 | 0.14 | 10.55 | 135.70 | 204.15 | -22.53 | 26.02 | 11.54 |
| 8. | SAATVIKGL | 400.45 | 20.52 | 5089.92 | 0.00 | 53.63 | -54.01 | 5110.10 | 458.04 | 55.18 | 6.62 |
| 9. | WEBELSOLAR | 83.04 | 11.90 | 3605.29 | 0.30 | 777.90 | 1511.56 | 3726.00 | 2053.88 | 59.38 | 33.70 |
| 10. | KERNEX | 1836.85 | 16.18 | 3086.57 | 0.00 | 109.85 | 1382.00 | 503.58 | 800.38 | 23.69 | 32.33 |
| 11. | MODINSULAT | 461.55 | 23.11 | 2175.93 | 0.00 | 29.60 | 94.43 | 188.30 | 33.19 | 10.53 | 16.89 |
| 12. | INA | 93.55 | 10.30 | 2062.33 | 0.00 | 380.25 | 796.94 | 7406.98 | 1766.82 | 34.98 | 9.74 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 9 | 9 | 29 | 41 | 37 | 83 | 53 | 45 | 72 | 255 | 502 | |
| 2 | 4 | 11 | 21 | 24 | 31 | 28 | 66 | 41 | 35 | 56 | 153 | 355 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 1 | 0 |
| Interest | 0 | 0 | 1 | 0 | 1 | 3 | 1 | 2 | 3 | 5 | 9 | 12 | 13 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| -1 | -4 | -3 | -12 | 4 | 7 | 7 | 15 | 10 | 5 | 6 | 88 | 148 | |
| Tax % | -10.13% | -11.23% | -1.45% | 5.23% | -3.60% | -0.28% | -0.85% | -114.16% | 22.53% | 50.69% | 3.28% | 26.99% | 25.90% |
| Net Profit | -1 | -4 | -4 | -12 | 4 | 7 | 7 | 33 | 7 | 2 | 6 | 65 | 110 |
| -0 | -3 | -2 | -7 | 2 | 4 | 4 | 19 | 4 | 1 | 4 | 38 | 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
- 2
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- -1
- Tax %
- -10.13%
- Net Profit
- -1
- -0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1
- 4
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- -4
- Tax %
- -11.23%
- Net Profit
- -4
- -3
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 9
- 11
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 1
- -3
- Tax %
- -1.45%
- Net Profit
- -4
- -2
- 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
- 0
- Depreciation
- 1
- -12
- Tax %
- 5.23%
- Net Profit
- -12
- -7
- 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
- 4
- Tax %
- -3.60%
- 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 %
- -0.28%
- 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 %
- -114.16%
- Net Profit
- 33
- 19
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 53
- 41
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 3
- Depreciation
- 1
- 10
- Tax %
- 22.53%
- Net Profit
- 7
- 4
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 45
- 35
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 5
- Depreciation
- 1
- 5
- Tax %
- 50.69%
- Net Profit
- 2
- 1
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 72
- 56
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 9
- Depreciation
- 2
- 6
- Tax %
- 3.28%
- 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
- 153
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 12
- Depreciation
- 2
- 88
- Tax %
- 26.99%
- Net Profit
- 65
- 38
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 502
- 355
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 13
- Depreciation
- 2
- 148
- Tax %
- 25.90%
- Net Profit
- 110
- 7
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 12 | 12 | 13 | 7 | 15 | 16 | 5 | 2 | 19 | 190 | 874 | |
| 20 | 33 | 25 | 20 | 22 | 15 | 15 | 18 | 37 | 149 | 599 | |
| Operating Profit | -6 | -19 | -11 | 9 | 11 | 3 | -8 | -15 | -15 | 43 | — |
| OPM % | -54 | -155 | -80 | 114 | 75 | 19 | -149 | -734 | -80 | 23 | — |
| Other Income | 2 | 2 | 1 | 21 | 18 | 2 | 2 | 1 | 2 | 2 | 3 |
| Interest | 4 | 3 | 2 | 2 | 1 | 1 | 2 | 2 | 3 | 7 | 39 |
| Depreciation | 3 | 3 | 2 | 2 | 2 | 2 | 1 | 2 | 2 | 3 | 7 |
| -14 | -1 | -15 | -21 | 8 | 0 | -16 | -19 | -20 | 33 | 248 | |
| Tax % | 2 | -162 | 4 | 1 | -0 | 12 | -2 | -2 | 0 | -53 | 26 |
| Net Profit | -13 | -4 | -14 | -21 | 8 | 0 | -17 | -20 | -20 | 51 | 183 |
| EPS | -11 | -3 | -12 | -17 | 6 | 0 | -13 | -15 | -12 | 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 | -11 | -3 | -12 | -17 | 6 | 0 | -13 | -13 | -12 | 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 | -11 | -3 | -12 | -17 | 6 | 0 | -13 | -13 | -12 | 30 | — |
Mar 2016
- 12
- 20
- Operating Profit
- -6
- OPM %
- -54
- Other Income
- 2
- Interest
- 4
- Depreciation
- 3
- -14
- Tax %
- 2
- Net Profit
- -13
- EPS
- -11
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -11
Mar 2017
- 12
- 33
- Operating Profit
- -19
- OPM %
- -155
- Other Income
- 2
- Interest
- 3
- Depreciation
- 3
- -1
- Tax %
- -162
- 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 %
- -80
- Other Income
- 1
- Interest
- 2
- Depreciation
- 2
- -15
- Tax %
- 4
- Net Profit
- -14
- 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
- 7
- 20
- Operating Profit
- 9
- OPM %
- 114
- Other Income
- 21
- Interest
- 2
- Depreciation
- 2
- -21
- 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 %
- 75
- Other Income
- 18
- Interest
- 1
- Depreciation
- 2
- 8
- Tax %
- -0
- Net Profit
- 8
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2021
- 16
- 15
- Operating Profit
- 3
- OPM %
- 19
- Other Income
- 2
- Interest
- 1
- Depreciation
- 2
- 0
- Tax %
- 12
- Net Profit
- 0
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2022
- 5
- 15
- Operating Profit
- -8
- OPM %
- -149
- Other Income
- 2
- Interest
- 2
- Depreciation
- 1
- -16
- Tax %
- -2
- Net Profit
- -17
- 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 2023
- 2
- 18
- Operating Profit
- -15
- OPM %
- -734
- Other Income
- 1
- Interest
- 2
- Depreciation
- 2
- -19
- 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
- 19
- 37
- Operating Profit
- -15
- OPM %
- -80
- Other Income
- 2
- Interest
- 3
- Depreciation
- 2
- -20
- Tax %
- 0
- Net Profit
- -20
- 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 2025
- 190
- 149
- Operating Profit
- 43
- OPM %
- 23
- Other Income
- 2
- Interest
- 7
- Depreciation
- 3
- 33
- Tax %
- -53
- Net Profit
- 51
- 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
- 874
- 599
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 39
- Depreciation
- 7
- 248
- Tax %
- 26
- Net Profit
- 183
- 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:
- 24%
- 5 Years:
- 67%
- 3 Years:
- 228%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 45%
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- 48%
- 5 Years:
- 92%
- 3 Years:
- 70%
- 1 Year:
- 82%
RETURN ON EQUITY
- 10 Years:
- -9%
- 5 Years:
- -8%
- 3 Years:
- -4%
- Last Year:
- 35%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 92 | 84 | 69 | 49 | 57 | 58 | 41 | 77 | 105 | 156 | |
| 27 | 18 | 19 | 13 | 5 | 14 | 12 | 8 | 24 | 39 | |
| Trade Payables | 13 | 8 | 7 | 0 | 1 | 3 | 3 | 3 | 20 | 16 |
| 10 | 10 | 12 | 8 | 9 | 10 | 14 | 8 | 7 | -0 | |
| Total Liabilities | 155 | 132 | 119 | 83 | 84 | 97 | 82 | 111 | 173 | 228 |
| 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 |
| 1 | 1 | 1 | 1 | 11 | 8 | 8 | 13 | 13 | 13 | |
| 25 | 10 | 9 | 2 | 1 | 8 | 7 | 14 | 72 | 52 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 19 | |
| Cash & Bank | 5 | 6 | 6 | 7 | 13 | 17 | 19 | 32 | 19 | 34 |
| 64 | 60 | 50 | 29 | 27 | 32 | 23 | 29 | 40 | 85 | |
| Total Assets | 155 | 132 | 119 | 83 | 84 | 97 | 82 | 111 | 173 | 228 |
| Total Debt | 27 | 18 | 19 | 13 | 5 | 14 | 12 | 9 | 24 | 40 |
| Net Working Capital | 40 | 34 | 28 | 10 | 18 | 23 | 23 | 41 | 79 | 110 |
| Contingent Liabilities | 15 | 18 | 18 | 14 | 22 | 21 | 25 | 37 | 60 | 87 |
| Book Value per Share | 83.56 | 76.85 | 65.45 | 49.26 | 55.70 | 56.06 | 42.46 | 59.70 | 72.68 | 102.93 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 27 | 18 | 19 | 13 | 5 | 14 | 12 | 9 | 24 | 40 |
| Net Working Capital | 40 | 34 | 28 | 10 | 18 | 23 | 23 | 41 | 79 | 110 |
| Contingent Liabilities | 15 | 18 | 18 | 14 | 22 | 21 | 25 | 37 | 60 | 87 |
| Book Value per Share | 83.56 | 76.85 | 65.45 | 49.26 | 55.70 | 56.06 | 42.46 | 59.70 | 72.68 | 102.93 |
| 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
- 92
- 27
- Trade Payables
- 13
- 10
- Total Liabilities
- 155
- 50
- Capital Work in Progress
- 10
- 1
- 25
- 0
- Cash & Bank
- 5
- 64
- Total Assets
- 155
- Total Debt
- 27
- Net Working Capital
- 40
- Contingent Liabilities
- 15
- Book Value per Share
- 83.56
- Face Value
- 10.00
- Total Debt
- 27
- Net Working Capital
- 40
- Contingent Liabilities
- 15
- Book Value per Share
- 83.56
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 12
- 84
- 18
- Trade Payables
- 8
- 10
- Total Liabilities
- 132
- 55
- Capital Work in Progress
- 0
- 1
- 10
- 0
- Cash & Bank
- 6
- 60
- Total Assets
- 132
- Total Debt
- 18
- Net Working Capital
- 34
- Contingent Liabilities
- 18
- Book Value per Share
- 76.85
- Face Value
- 10.00
- Total Debt
- 18
- Net Working Capital
- 34
- Contingent Liabilities
- 18
- Book Value per Share
- 76.85
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 12
- 69
- 19
- Trade Payables
- 7
- 12
- Total Liabilities
- 119
- 54
- Capital Work in Progress
- 0
- 1
- 9
- 0
- Cash & Bank
- 6
- 50
- Total Assets
- 119
- Total Debt
- 19
- Net Working Capital
- 28
- Contingent Liabilities
- 18
- Book Value per Share
- 65.45
- Face Value
- 10.00
- Total Debt
- 19
- Net Working Capital
- 28
- Contingent Liabilities
- 18
- Book Value per Share
- 65.45
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 12
- 49
- 13
- Trade Payables
- 0
- 8
- Total Liabilities
- 83
- 43
- Capital Work in Progress
- 0
- 1
- 2
- 0
- Cash & Bank
- 7
- 29
- Total Assets
- 83
- Total Debt
- 13
- Net Working Capital
- 10
- Contingent Liabilities
- 14
- Book Value per Share
- 49.26
- Face Value
- 10.00
- Total Debt
- 13
- Net Working Capital
- 10
- Contingent Liabilities
- 14
- Book Value per Share
- 49.26
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 12
- 57
- 5
- Trade Payables
- 1
- 9
- Total Liabilities
- 84
- 33
- Capital Work in Progress
- 0
- 11
- 1
- 0
- Cash & Bank
- 13
- 27
- Total Assets
- 84
- Total Debt
- 5
- Net Working Capital
- 18
- Contingent Liabilities
- 22
- Book Value per Share
- 55.70
- Face Value
- 10.00
- Total Debt
- 5
- Net Working Capital
- 18
- Contingent Liabilities
- 22
- Book Value per Share
- 55.70
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 12
- 58
- 14
- Trade Payables
- 3
- 10
- Total Liabilities
- 97
- 32
- Capital Work in Progress
- 0
- 8
- 8
- 0
- Cash & Bank
- 17
- 32
- Total Assets
- 97
- Total Debt
- 14
- Net Working Capital
- 23
- Contingent Liabilities
- 21
- Book Value per Share
- 56.06
- Face Value
- 10.00
- Total Debt
- 14
- Net Working Capital
- 23
- Contingent Liabilities
- 21
- Book Value per Share
- 56.06
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 12
- 41
- 12
- Trade Payables
- 3
- 14
- Total Liabilities
- 82
- 25
- Capital Work in Progress
- 0
- 8
- 7
- 0
- Cash & Bank
- 19
- 23
- Total Assets
- 82
- Total Debt
- 12
- Net Working Capital
- 23
- Contingent Liabilities
- 25
- Book Value per Share
- 42.46
- Face Value
- 10.00
- Total Debt
- 12
- Net Working Capital
- 23
- Contingent Liabilities
- 25
- Book Value per Share
- 42.46
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 15
- 77
- 8
- Trade Payables
- 3
- 8
- Total Liabilities
- 111
- 24
- Capital Work in Progress
- 0
- 13
- 14
- 0
- Cash & Bank
- 32
- 29
- Total Assets
- 111
- Total Debt
- 9
- Net Working Capital
- 41
- Contingent Liabilities
- 37
- Book Value per Share
- 59.70
- Face Value
- 10.00
- Total Debt
- 9
- Net Working Capital
- 41
- Contingent Liabilities
- 37
- Book Value per Share
- 59.70
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 17
- 105
- 24
- Trade Payables
- 20
- 7
- Total Liabilities
- 173
- 24
- Capital Work in Progress
- 0
- 13
- 72
- 5
- Cash & Bank
- 19
- 40
- Total Assets
- 173
- Total Debt
- 24
- Net Working Capital
- 79
- Contingent Liabilities
- 60
- Book Value per Share
- 72.68
- Face Value
- 10.00
- Total Debt
- 24
- Net Working Capital
- 79
- Contingent Liabilities
- 60
- Book Value per Share
- 72.68
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 17
- 156
- 39
- Trade Payables
- 16
- -0
- Total Liabilities
- 228
- 25
- Capital Work in Progress
- 0
- 13
- 52
- 19
- Cash & Bank
- 34
- 85
- Total Assets
- 228
- Total Debt
- 40
- Net Working Capital
- 110
- Contingent Liabilities
- 87
- Book Value per Share
- 102.93
- Face Value
- 10.00
- Total Debt
- 40
- Net Working Capital
- 110
- Contingent Liabilities
- 87
- Book Value per Share
- 102.93
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -6 | -26 | 2 | -25 | -8 | 1 | -5 | -34 | -69 | 11 | |
| Cash from Investing | 0 | 30 | -0 | 29 | 15 | 4 | 6 | -5 | -5 | -9 |
| Cash from Financing | 5 | -3 | -2 | -2 | -1 | -1 | 1 | 48 | 63 | 9 |
| -0 | 0 | 0 | 1 | 5 | 4 | 2 | 9 | -11 | 11 | |
| Free Cash Flow | -6 | -26 | 2 | -25 | -8 | 0 | -5 | -35 | -72 | 7 |
| OCF / Net Profit | 0.44 | 7.39 | -0.17 | 1.21 | -1.00 | 2.45 | 0.32 | 1.73 | 3.40 | 0.21 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -63 | -56 | -36 | -73 | -120 | -105 |
| OCF / Net Profit | 0.44 | 7.39 | -0.17 | 1.21 | -1.00 | 2.45 | 0.32 | 1.73 | 3.40 | 0.21 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -63 | -56 | -36 | -73 | -120 | -105 |
Mar 2016
- -6
- Cash from Investing
- 0
- Cash from Financing
- 5
- -0
- Free Cash Flow
- -6
- OCF / Net Profit
- 0.44
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.44
- Cumulative 5-Year FCF
- 0
Mar 2017
- -26
- Cash from Investing
- 30
- Cash from Financing
- -3
- 0
- Free Cash Flow
- -26
- OCF / Net Profit
- 7.39
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 7.39
- Cumulative 5-Year FCF
- 0
Mar 2018
- 2
- Cash from Investing
- -0
- Cash from Financing
- -2
- 0
- Free Cash Flow
- 2
- OCF / Net Profit
- -0.17
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.17
- Cumulative 5-Year FCF
- 0
Mar 2019
- -25
- Cash from Investing
- 29
- Cash from Financing
- -2
- 1
- Free Cash Flow
- -25
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 0
Mar 2020
- -8
- Cash from Investing
- 15
- Cash from Financing
- -1
- 5
- Free Cash Flow
- -8
- OCF / Net Profit
- -1.00
- Cumulative 5-Year FCF
- -63
- OCF / Net Profit
- -1.00
- Cumulative 5-Year FCF
- -63
Mar 2021
- 1
- Cash from Investing
- 4
- Cash from Financing
- -1
- 4
- Free Cash Flow
- 0
- OCF / Net Profit
- 2.45
- Cumulative 5-Year FCF
- -56
- OCF / Net Profit
- 2.45
- Cumulative 5-Year FCF
- -56
Mar 2022
- -5
- Cash from Investing
- 6
- Cash from Financing
- 1
- 2
- Free Cash Flow
- -5
- OCF / Net Profit
- 0.32
- Cumulative 5-Year FCF
- -36
- OCF / Net Profit
- 0.32
- Cumulative 5-Year FCF
- -36
Mar 2023
- -34
- Cash from Investing
- -5
- Cash from Financing
- 48
- 9
- Free Cash Flow
- -35
- OCF / Net Profit
- 1.73
- Cumulative 5-Year FCF
- -73
- OCF / Net Profit
- 1.73
- Cumulative 5-Year FCF
- -73
Mar 2024
- -69
- Cash from Investing
- -5
- Cash from Financing
- 63
- -11
- Free Cash Flow
- -72
- OCF / Net Profit
- 3.40
- Cumulative 5-Year FCF
- -120
- OCF / Net Profit
- 3.40
- Cumulative 5-Year FCF
- -120
Mar 2025
- 11
- Cash from Investing
- -9
- Cash from Financing
- 9
- 11
- Free Cash Flow
- 7
- OCF / Net Profit
- 0.21
- Cumulative 5-Year FCF
- -105
- OCF / Net Profit
- 0.21
- Cumulative 5-Year FCF
- -105
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -10.63 | -2.81 | -11.54 | -16.54 | 6.45 | 0.30 | -13.26 | -12.84 | -12.18 | 30.38 |
| Book Value (₹) | 83.56 | 76.85 | 65.45 | 49.26 | 55.70 | 56.06 | 42.46 | 59.70 | 72.68 | 102.93 |
| 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 (₹) | -8.06 | -0.76 | -9.74 | -14.86 | 7.83 | 1.54 | -12.11 | -11.30 | -10.78 | 32.07 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | -52.64% | -154.52% | -79.63% | 113.98% | 75.48% | 18.58% | -148.58% | -734.38% | -90.28% | 21.51% |
| Net Margin % | -109.45% | -28.51% | -108.40% | -276.60% | 55.13% | 2.39% | -309.30% | -991.08% | -105.74% | 26.85% |
| ROE % | -11.92% | -3.50% | -16.22% | -28.84% | 12.29% | 0.53% | -26.92% | -27.32% | -19.06% | 34.60% |
| ROCE % | -7.07% | 1.61% | -11.96% | -21.19% | 12.39% | 1.68% | -17.90% | -19.94% | -14.37% | 22.32% |
| -8.43% | -2.44% | -11.49% | -20.45% | 9.62% | 0.41% | -18.50% | -20.49% | -14.35% | 25.43% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 1568 | 1381 | 1066 | 1264 | 351 | 301 | 824 | 0 | 101 | 23 |
| Inventory Days | 765 | 520 | 258 | 270 | 47 | 113 | 528 | 1932 | 811 | 119 |
| Payable Days | 958 | 310 | 1243 | 281 | 14 | 179 | 350 | 819 | 333 | 65 |
| 1375 | 1590 | 81 | 1253 | 384 | 235 | 1002 | 1113 | 578 | 77 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.26x | 0.19x | 0.23x | 0.22x | 0.08x | 0.20x | 0.23x | 0.09x | 0.20x | 0.23x |
| Interest Coverage (x) | -2.39x | 0.60x | -5.98x | -8.14x | 7.28x | 1.46x | -5.76x | -7.50x | -6.46x | 5.93x |
| 1.85x | 2.16x | 1.98x | 1.47x | 2.57x | 1.97x | 2.02x | 3.38x | 2.59x | 2.64x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -44.41% | 3.37% | 8.16% | -43.83% | 95.62% | 6.53% | -65.59% | -62.61% | 863.18% | 882.73% |
| Operating Profit Growth % | -201.51% | -197.42% | 44.26% | 180.40% | 29.53% | -73.78% | -375.18% | -84.80% | -4.70% | 378.93% |
| Net Profit Growth % | -41.48% | 73.61% | -311.23% | -43.33% | 138.99% | -95.39% | -4558.10% | -19.80% | -2.76% | 349.53% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 5.21% | 349.53% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 25.55x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 7.67x | 7.54x |
| 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 | -61.00x | 30.41x |
Mar 2016
- EPS (₹)
- -10.63
- Book Value (₹)
- 83.56
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -8.06
- Operating Margin %
- -52.64%
- Net Margin %
- -109.45%
- ROE %
- -11.92%
- ROCE %
- -7.07%
- -8.43%
- Debtor Days
- 1568
- Inventory Days
- 765
- Payable Days
- 958
- 1375
- Debt to Equity (x)
- 0.26x
- Interest Coverage (x)
- -2.39x
- 1.85x
- Revenue Growth %
- -44.41%
- Operating Profit Growth %
- -201.51%
- Net Profit Growth %
- -41.48%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- -2.81
- Book Value (₹)
- 76.85
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.76
- Operating Margin %
- -154.52%
- Net Margin %
- -28.51%
- ROE %
- -3.50%
- ROCE %
- 1.61%
- -2.44%
- Debtor Days
- 1381
- Inventory Days
- 520
- Payable Days
- 310
- 1590
- Debt to Equity (x)
- 0.19x
- Interest Coverage (x)
- 0.60x
- 2.16x
- Revenue Growth %
- 3.37%
- Operating Profit Growth %
- -197.42%
- Net Profit Growth %
- 73.61%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -11.54
- Book Value (₹)
- 65.45
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -9.74
- Operating Margin %
- -79.63%
- Net Margin %
- -108.40%
- ROE %
- -16.22%
- ROCE %
- -11.96%
- -11.49%
- Debtor Days
- 1066
- Inventory Days
- 258
- Payable Days
- 1243
- 81
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- -5.98x
- 1.98x
- Revenue Growth %
- 8.16%
- Operating Profit Growth %
- 44.26%
- Net Profit Growth %
- -311.23%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -16.54
- Book Value (₹)
- 49.26
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -14.86
- Operating Margin %
- 113.98%
- Net Margin %
- -276.60%
- ROE %
- -28.84%
- ROCE %
- -21.19%
- -20.45%
- Debtor Days
- 1264
- Inventory Days
- 270
- Payable Days
- 281
- 1253
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- -8.14x
- 1.47x
- Revenue Growth %
- -43.83%
- Operating Profit Growth %
- 180.40%
- Net Profit Growth %
- -43.33%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 6.45
- Book Value (₹)
- 55.70
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 7.83
- Operating Margin %
- 75.48%
- Net Margin %
- 55.13%
- ROE %
- 12.29%
- ROCE %
- 12.39%
- 9.62%
- Debtor Days
- 351
- Inventory Days
- 47
- Payable Days
- 14
- 384
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- 7.28x
- 2.57x
- Revenue Growth %
- 95.62%
- Operating Profit Growth %
- 29.53%
- Net Profit Growth %
- 138.99%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 0.30
- Book Value (₹)
- 56.06
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.54
- Operating Margin %
- 18.58%
- Net Margin %
- 2.39%
- ROE %
- 0.53%
- ROCE %
- 1.68%
- 0.41%
- Debtor Days
- 301
- Inventory Days
- 113
- Payable Days
- 179
- 235
- Debt to Equity (x)
- 0.20x
- Interest Coverage (x)
- 1.46x
- 1.97x
- Revenue Growth %
- 6.53%
- Operating Profit Growth %
- -73.78%
- Net Profit Growth %
- -95.39%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- -13.26
- Book Value (₹)
- 42.46
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -12.11
- Operating Margin %
- -148.58%
- Net Margin %
- -309.30%
- ROE %
- -26.92%
- ROCE %
- -17.90%
- -18.50%
- Debtor Days
- 824
- Inventory Days
- 528
- Payable Days
- 350
- 1002
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- -5.76x
- 2.02x
- Revenue Growth %
- -65.59%
- Operating Profit Growth %
- -375.18%
- Net Profit Growth %
- -4558.10%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- -12.84
- Book Value (₹)
- 59.70
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -11.30
- Operating Margin %
- -734.38%
- Net Margin %
- -991.08%
- ROE %
- -27.32%
- ROCE %
- -19.94%
- -20.49%
- Debtor Days
- 0
- Inventory Days
- 1932
- Payable Days
- 819
- 1113
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- -7.50x
- 3.38x
- Revenue Growth %
- -62.61%
- Operating Profit Growth %
- -84.80%
- Net Profit Growth %
- -19.80%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- -12.18
- Book Value (₹)
- 72.68
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -10.78
- Operating Margin %
- -90.28%
- Net Margin %
- -105.74%
- ROE %
- -19.06%
- ROCE %
- -14.37%
- -14.35%
- Debtor Days
- 101
- Inventory Days
- 811
- Payable Days
- 333
- 578
- Debt to Equity (x)
- 0.20x
- Interest Coverage (x)
- -6.46x
- 2.59x
- Revenue Growth %
- 863.18%
- Operating Profit Growth %
- -4.70%
- Net Profit Growth %
- -2.76%
- 5.21%
- P/E (x)
- 0.00x
- P/B (x)
- 7.67x
- Dividend Yield %
- 0.00%
- -61.00x
Mar 2025
- EPS (₹)
- 30.38
- Book Value (₹)
- 102.93
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 32.07
- Operating Margin %
- 21.51%
- Net Margin %
- 26.85%
- ROE %
- 34.60%
- ROCE %
- 22.32%
- 25.43%
- Debtor Days
- 23
- Inventory Days
- 119
- Payable Days
- 65
- 77
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- 5.93x
- 2.64x
- Revenue Growth %
- 882.73%
- Operating Profit Growth %
- 378.93%
- Net Profit Growth %
- 349.53%
- 349.53%
- P/E (x)
- 25.55x
- P/B (x)
- 7.54x
- Dividend Yield %
- 0.00%
- 30.41x
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.