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Kernex Microsystems India Ltd. (KERNEX) AI Stock Analysis
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Kernex Microsystems India Ltd.
(NSE:KERNEX)
The score is primarily constrained by weak cash flow quality and higher financial risk from the 2026 cash outflow and increased debt, despite strong revenue growth and improved reported profitability. Technical indicators also point to bearish near-term momentum. Valuation is a partial offset with a reasonable P/E, but it does not fully counterbalance the cash flow and trend risks.
Kernex Microsystems India Ltd. (KERNEX) vs. iShares MSCI India ETF (INDA)
- Market Cap
- INR 26.84B
- Dividend Yield
- ―
- Average Volume (3M)
- 19.27K
- Price to Earnings (P/E)
- 12.5
- Beta (1Y)
- 1.63
- Revenue Growth
- 304.50%
- EPS Growth
- 251.76%
- Country
- India
- Employees
- 609
- Sector
- General
- Sector Strength
- 55
- Industry
- Software - Application
Kernex Microsystems India Ltd. Business Overview & Revenue Model
Company Description
Kernex Microsystems (India) Limited, along with its associated companies, offers end-to-end solutions for the railway sector, spanning from initial concept and design through manufacturing, installation, and ongoing maintenance. Their primary experti...
Kernex Microsystems India Ltd. Financial Statement Overview
Summary
Strong revenue acceleration and a clear profitability turnaround in 2025–2026 support the score, but earnings quality is a major concern: 2026 operating cash flow and free cash flow turned deeply negative while debt increased sharply, raising liquidity and execution risk until cash conversion normalizes.
Income Statement
78PositiveBalance Sheet
63PositiveCash Flow
35Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Jun 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.78B | 4.30B | 1.90B | 195.98M | 40.40M | 66.52M |
| Gross Profit | 3.61B | 1.69B | 749.32M | -13.45M | 12.18M | 30.17M |
| EBITDA | 3.00B | 1.51B | 422.53M | -197.83M | -160.34M | -121.29M |
| Net Income | 1.91B | 883.36M | 502.37M | -264.12M | -198.15M | -171.99M |
Balance Sheet | ||||||
| Total Assets | 0 | 9.19B | 2.36B | 1.59B | 1.02B | 775.31M |
| Cash, Cash Equivalents and Short-Term Investments | 270.02M | 14.59M | 150.21M | 39.08M | 152.94M | 67.64M |
| Total Debt | 0 | 1.62B | 403.23M | 279.92M | 107.02M | 180.54M |
| Total Liabilities | -2.47B | 6.72B | 791.41M | 525.17M | 196.12M | 292.07M |
| Stockholders Equity | 2.47B | 2.48B | 1.58B | 1.07B | 821.51M | 482.33M |
Cash Flow | ||||||
| Free Cash Flow | -467.20M | -1.42B | 104.14M | -764.44M | -280.78M | -47.71M |
| Operating Cash Flow | -439.94M | -1.28B | 145.46M | -716.30M | -273.87M | -46.14M |
| Investing Cash Flow | -42.28M | -75.69M | -88.44M | -45.92M | -6.27M | 62.92M |
| Financing Cash Flow | 413.10M | 1.22B | 54.12M | 648.37M | 451.46M | 326.00K |
Kernex Microsystems India Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:KERNEX, the sentiment is Negative. The current price of 1562.20 is below the 20-day moving average (MA) of 1683.27, below the 50-day MA of 1729.78, and below the 200-day MA of 1587.15, indicating a bearish trend. The MACD of -47.87 indicates Positive momentum. The RSI at 37.78 is Neutral, neither overbought nor oversold. The STOCH value of 20.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:KERNEX.
Kernex Microsystems India Ltd. Peers Comparison
Overall Rating
IN:TATAELXSI73Outperform
IN:KELLTONTEC68Neutral
IN:MAPMYINDIA64Neutral- IN:KERNEX58Neutral
IN:RAMCOSYS57Neutral
IN:BBOX51Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| IN:TATAELXSI | 73Outperform | INR 236.14B | 35.23 | ― | 1.98% | 10.01% | -0.08% |
| IN:KELLTONTEC | 68Neutral | INR 5.79B | 6.53 | ― | ― | 9.34% | 2.71% |
| IN:MAPMYINDIA | 64Neutral | INR 43.58B | 31.64 | ― | 0.44% | 1.83% | -12.91% |
| IN:KERNEX | 58Neutral | INR 26.25B | 12.45 | ― | ― | 304.50% | 251.76% |
| IN:RAMCOSYS | 57Neutral | INR 19.08B | 64.91 | ― | ― | 10.73% | 236.66% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| IN:BBOX | 51Neutral | INR 141.16B | 60.68 | ― | 0.13% | 12.20% | 2.98% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IN:KERNEX | Kernex Microsystems India Ltd. | 1562.20 | 262.85 | 20.23% | |
| IN:BBOX | Black Box Limited | 794.85 | 240.80 | 43.46% | |
| IN:KELLTONTEC | Kellton Tech Solutions Ltd. | 10.90 | -10.65 | -49.42% | |
| IN:MAPMYINDIA | C.E. Info Systems Ltd. | 795.00 | -1007.67 | -55.90% | |
| IN:RAMCOSYS | Ramco Systems Limited | 507.10 | -115.65 | -18.57% | |
| IN:TATAELXSI | Tata Elxsi Limited | 3790.00 | -1551.49 | -29.05% |
Kernex Microsystems India Ltd. Corporate Events
Kernex Microsystems Confirms SEBI Regulation 74(5) Compliance for September Quarter
Kernex Microsystems (India) Ltd. has submitted a compliance certificate to the stock exchanges confirming adherence to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30 September 2026. The certifi...
Kernex Microsystems Updates Independent Board Appointments in Annual Report Addendum
Kernex Microsystems (India) Ltd. has issued an addendum to its Board’s Report for the 2025-26 financial year, incorporating updates that form an integral part of its 34th Annual Report. The company has dispatched this addendum electronically to...
Kernex Microsystems Sets 34th AGM, Tables FY26 Accounts and Board Reappointments
Kernex Microsystems (India) Ltd. has convened its 34th Annual General Meeting for 30 September 2026 at 11:00 a.m. IST, to be conducted via two-way video conferencing and other audio-visual means from its registered office. The AGM notice, which forms...
Kernex Microsystems Sets Record Date and Book Closure for 2026 AGM
Kernex Microsystems (India) Ltd. has scheduled its 34th Annual General Meeting for September 30, 2026, at 11:00 a.m. IST, to be conducted via video conferencing or other audio-visual means in line with guidance from corporate and securities regulator...
Kernex Highlights KAVACH-Focused Growth Strategy in New Investor Presentation
Kernex Microsystems India Ltd. has released an investor presentation outlining its business profile, the KAVACH opportunity, current order book, manufacturing capabilities, and recent financial performance. The document also highlights new business o...
Kernex Wins Rs 66.62-Crore KAVACH Order from Integral Coach Factory
Kernex Microsystems India Ltd., a rail safety and signalling technology provider, specializes in delivering on-board train protection systems and associated installation, testing, and maintenance services for electric multiple units within India̵...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 19, 2026