---
title: "Kernex Microsystems (India) Ltd (KERNEX) — Share Price, Financials & Analysis"
symbol: "KERNEX"
company: "Kernex Microsystems (India) Ltd"
canonical: "https://tapetide.com/stocks/KERNEX"
isin: "INE202H01019"
nse_symbol: "KERNEX"
bse_code: "532686"
sector: "Information Technology"
industry: "IT Enabled Services"
market_cap_cr: 2832.89
generated_at: "2026-09-13T19:20:06.679Z"
---

# Kernex Microsystems (India) Ltd (KERNEX)

Canonical page: https://tapetide.com/stocks/KERNEX

## Company

- **NSE Symbol:** KERNEX
- **BSE Code:** 532686
- **ISIN:** INE202H01019
- **Sector:** Information Technology
- **Industry:** IT Enabled Services
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2005-12-20
- **CEO:** Mr. Pamidi Srikanth
- **Employees:** 363
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** kernex.in

## About

Incorporated in 1991, Kernex Microsystems Ltd manufactures and sells Safety Systems and Software services for Railways[1]

## Latest Price

- **Price:** ₹1732.1
- **Change:** +22.6 (+1.32%)
- **Open:** ₹1709.2
- **Day High:** ₹1750
- **Day Low:** ₹1673.1
- **Previous Close:** ₹1709.5
- **Volume:** 144751
- **As Of:** 2026-09-11T09:59:54+00:00

## Key Fundamentals

Observed at 2026-09-11T04:48:29.911187Z.

- **Market Cap:** ₹2832.89 Cr
- **Classification:** Microcap
- **P/E (reported):** 15.1
- **P/E (TTM):** 15.26
- **EPS (TTM):** ₹113.51
- **Book Value:** ₹147.65
- **Price to Book:** 11.58
- **Dividend Yield:** 0%
- **ROE:** 31.82%
- **ROCE:** 24.33%
- **Debt to Equity:** 0.65
- **Revenue (yearly):** ₹430.22 Cr
- **Net Income:** ₹93.84 Cr
- **EBITDA:** ₹148.77 Cr
- **52-Week High:** ₹2580
- **52-Week Low:** ₹850
- **RSI (14):** 39.57

## Tapetide Score

- **Score:** 54 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 65.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 45.34 | 9% |
| growth | 98.9 | 9% |
| momentum | 86.34 | 12% |
| ownership | 69.9 | 24% |
| quality | 31.98 | 22% |
| valuation | 49.28 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has delivered good profit growth of 116% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.1%
- Company's median sales growth is 15.8% of last 10 years

### Weaknesses

- Stock is trading at 11.7 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 28.7%
- Company has high debtors of 268 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 120.46% | 140.43% | 343.6% |
| ebitda margin growth | 54.06% | 55.66% | -133.34% | -137.43% |
| net income growth | 60.76% | 87.68% | 86% | 116% |
| revenue growth | 97.3% | 125.01% | 374% | 88% |
| roce | 55.3% | -209.59% | -208.86% | -8.48% |
| roe | 60.95% | -226.52% | -5.91% | 888.2% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1 | 8 | 9 | 29 | 41 | 37 | 83 | 56 | 47 | 73 | 255 | 504 |
| Expenses | 5 | 13 | 21 | 24 | 31 | 28 | 66 | 43 | 33 | 56 | 149 | 341 |
| Operating Profit | -3 | -4 | -12 | 5 | 10 | 9 | 17 | 13 | 14 | 17 | 105 | 163 |
| OPM % | -242 | -54 | -139 | 17 | 25 | 23 | 21 | 22 | 30 | 23 | 41 | 32 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 |
| Interest | 0 | 1 | 1 | 1 | 3 | 1 | 2 | 3 | 5 | 9 | 12 | 13 |
| Depreciation | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | -4 | -9 | -13 | 3 | 7 | 7 | 15 | 10 | 9 | 6 | 92 | 148 |
| Tax % | 10 | 1 | -5 | -4 | 0 | -1 | -114 | 22 | 28 | 3 | 26 | 26 |
| Net Profit | -5 | -9 | -13 | 4 | 7 | 7 | 33 | 7 | 7 | 6 | 68 | 110 |
| EPS in Rs | -2.85 | -5.07 | -7.53 | 2.16 | 4.09 | 4.28 | 19.45 | 4.45 | 3.92 | 3.59 | 40.63 | 65.37 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 13 | 8 | 15 | 18 | 7 | 4 | 20 | 190 | 430 | 878 |
| Expenses | 25 | 21 | 22 | 14 | 16 | 21 | 42 | 149 | 281 | 579 |
| Operating Profit | -12 | -13 | -7 | 4 | -9 | -17 | -23 | 41 | 149 | 299 |
| OPM % | -87 | -158 | -49 | 21 | -142 | -416 | -117 | 22 | 35 | 34 |
| Other Income | 1 | -4 | 18 | 1 | -3 | 1 | 1 | 1 | 2 | 2 |
| Interest | 2 | 2 | 6 | 1 | 3 | 1 | 3 | 7 | 28 | 39 |
| Depreciation | 2 | 2 | 2 | 2 | 1 | 2 | 2 | 3 | 6 | 7 |
| Profit before tax | -15 | -22 | 3 | 2 | -17 | -20 | -27 | 32 | 117 | 256 |
| Tax % | -4 | -1 | -1 | 2 | 2 | 2 | 0 | -54 | 25 | — |
| Net Profit | -15 | -21 | 3 | 2 | -17 | -20 | -27 | 50 | 88 | 191 |
| EPS in Rs | -11.78 | -17.06 | 2.74 | 1.62 | -13.76 | -12.82 | -15.76 | 29.98 | 52.58 | 113.51 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 15 | 17 | 17 | 17 |
| Reserves | 75 | 64 | 43 | 46 | 50 | 36 | 67 | 90 | 141 | 231 |
| Borrowings | 24 | 26 | 21 | 11 | 20 | 18 | 11 | 28 | 40 | 162 |
| Other Liabilities | 21 | 19 | 16 | 16 | 12 | 14 | 11 | 27 | 42 | 509 |
| Total Liabilities | 133 | 121 | 93 | 85 | 95 | 80 | 104 | 161 | 240 | 919 |
| Fixed Assets | 55 | 54 | 43 | 33 | 32 | 25 | 24 | 24 | 25 | 34 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 2 | 7 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 78 | 68 | 50 | 53 | 63 | 55 | 78 | 135 | 208 | 885 |
| Total Assets | 133 | 121 | 93 | 85 | 95 | 80 | 104 | 161 | 240 | 919 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -26 | 3 | -23 | -11 | 3 | -5 | -36 | -71 | 15 | -100 |
| Cash from Investing Activity | 30 | 0 | 26 | 25 | -12 | -7 | -1 | -5 | -9 | -8 |
| Cash from Financing Activity | -4 | -2 | -2 | -6 | -1 | 0 | 45 | 64 | 5 | 94 |
| Net Cash Flow | 0 | 1 | 1 | 7 | -10 | -11 | 9 | -11 | 11 | -14 |
| Free Cash Flow | 4 | 3 | 6 | 12 | 3 | 1 | -37 | -76 | 6 | -107 |
| CFO/OP | 122 | -26 | 176 | 153 | 86 | 49 | 214 | 311 | 36 | -65 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 1236 | 996 | 674 | 316 | 239 | 596 | 0 | 94 | 45 | 268 |
| Inventory Days | 293 | 1915 | 844 | 266 | 962 | 967 | 2141 | 2098 | 207 | 787 |
| Days Payable | 325 | 1225 | 405 | 20 | 101 | 177 | 43 | 460 | 76 | 938 |
| Cash Conversion Cycle | 1205 | 1686 | 1114 | 562 | 1099 | 1385 | 2098 | 1731 | 177 | 117 |
| Working Capital Days | 629 | 505 | 272 | 236 | 164 | 226 | 1219 | 1161 | 152 | 150 |
| ROCE % | -18 | -12 | -15 | -8 | 4 | -13 | -23 | -21 | 24 | 48 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 31.6% | 29.15% | 29.15% | 29.15% | 29.15% | 29.09% | 29.09% | 28.97% | 28.97% | 28.9% | 28.85% | 28.73% |
| FIIs | 0.03% | 0% | 0.01% | 0% | 0.49% | 1.16% | 0.07% | 0.52% | 0.54% | 0.07% | 0.3% | 2.48% |
| DIIs | 0% | 0% | 0.01% | 0% | 0.04% | 0.73% | 1.1% | 1.11% | 0.39% | 0.07% | 0.02% | 0.05% |
| Government | 0.07% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% |
| Public | 41.34% | 43.53% | 44.11% | 46.7% | 43.52% | 46.67% | 47.13% | 49.76% | 50.33% | 52.13% | 51.76% | 51.2% |
| Others | 26.97% | 27.26% | 26.66% | 24.08% | 26.75% | 22.29% | 22.56% | 19.58% | 19.71% | 18.77% | 19.01% | 17.49% |
| No. of Shareholders | 14660 | 15007 | 16240 | 22241 | 27058 | 34242 | 37894 | 42149 | 42785 | 40187 | 41511 | 41803 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 5 / 6 / 8

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1729.23 | Buy |
| EMA (10) | 1754.78 | Sell |
| SMA (20) | 1796.01 | Sell |
| EMA (20) | 1831.75 | Sell |
| SMA (50) | 2060.87 | Sell |
| EMA (50) | 1928.17 | Sell |
| SMA (100) | 1878.01 | Sell |
| EMA (100) | 1833.89 | Sell |
| SMA (200) | 1498.76 | Buy |
| EMA (200) | 1615.96 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 41.12 | Neutral |
| MACD (12,26,9) | -102.22 | Buy |
| Stochastic (14,3,3) | 28.64 | Neutral |
| ADX (14) | 30.01 | Buy |
| Williams %R (14) | -65.31 | Neutral |
| ATR (14) | 114.88 | High Volatility |
| ROC (12) | -6.9 | Sell |
| Stoch RSI (14) | 74.34 | Neutral |
| UO (7,14,28) | 40.24 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7e612a75-f8d0-4845-9606-7f562a5d0020.pdf) |
| 2026-09-08 | [Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e780ddac-bb0a-46d9-bfb5-9cadc7bff829.pdf) |
| 2026-09-08 | [34Th Annual General Meeting On 30Th September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c5c3f2b3-5269-48e8-9b56-a7b83ff210ae.pdf) |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=61f74bff-bc19-42b8-8c68-78ac2eb27973.pdf) |
| 2026-09-08 | [Book Closure For The Purpose Of 34Th AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7fc11391-12e6-4929-b9b8-3ee3fc164dee.pdf) |
| 2026-09-05 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7b8de5da-133c-4eeb-a471-479b47c89283.pdf) |
| 2026-08-20 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1fa46f13-a618-4fe5-a634-ed942c302e46.pdf) |
| 2026-08-17 | [Updates On Companys Operations](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=09458665-9c23-4d2a-9b19-7a28a8716555.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=12bb69aa-1394-491a-80f7-17532970aa5e.pdf) |
| 2026-08-07 | [Board Meeting Intimation for Considering Un-Audited Standalone And Consolidated Financial Results For The First Quarter Ended On 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0298fd83-e9f9-4c50-ab2e-793b8754d24d.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2c1dfb57-f903-4584-9449-056cb9105fac.pdf) |
| 2025-03-24 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=172387c2-fb40-477b-8a62-bc8fa65eeb07.pdf) |
| 2024-02-24 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=111cfb1a-f0c6-4438-96ee-027f66ac0905.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Results For The Quarter Ended 30 June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a51069e6-ac0b-4dea-a379-1caf60efaa9d.pdf) |
| 2026-05-29 | [Results For The FY 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=214382c5-a7ed-4ab0-a318-19d5963b7a6d.pdf) |
| 2026-02-12 | [Unaudited Financial Results For The Quarter And Nine Months Ended On 31.12.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=154ebafb-5f0b-44ce-802f-46614702bbef.pdf) |
| 2025-11-13 | [Un-Audited Financial Results For The Quarter And Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47347850-4996-43cd-87a7-be3b73888663.pdf) |
| 2025-08-14 | [Results For The Quarter Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2932ca21-8ab3-4b15-803a-b40fb2a73db3.pdf) |
| 2025-05-23 | [Results For The Quarter And Financial Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9d0545ca-7954-4c60-8fee-123d800149ef.pdf) |
| 2025-02-13 | [Financial Results For The Quarter Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7628db5b-74b6-40f3-b97e-30a01ccfb8c1.pdf) |
| 2024-11-14 | [Financial Results For The Quarter And Half Year Ended 30-09-2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cb71ae9c-7334-40dc-94ff-498051cb2fb1.pdf) |
| 2024-07-31 | [Un-Audited Financial Results For The Quarter Ended On 30.06.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fe3f7fb7-f655-449d-9985-6b9402cf9dc3.pdf) |
| 2024-07-13 | [Financial Results For The Quarter And Year Ended On 31St March 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=80da40ed-e0b1-46be-ba67-7fa172665bfe.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Board meeting 12 Feb 2026 to approve unaudited Q3/9M results; trading window closed till 14 Feb 2026. | [Board Meeting Intimation for Intimation For Approval Of Un Audited Financial Results 9 Feb - Board meeting 12 Feb 2026 to approve unaudited Q3/9M results; trading window closed till 14 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/281c8e8b-d565-4249-9ba9-f364bb6325d1.pdf) |
| 7 Mar - Kernex forms 51:49 JV with Bharat Heavy Engineering to develop Moving Block System integrated with Kavach ATS/ATO and CTC. | [Announcement under Regulation 30 (LODR)-Joint Venture 7 Mar - Kernex forms 51:49 JV with Bharat Heavy Engineering to develop Moving Block System integrated with Kavach ATS/ATO and CTC.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e536ea4f-4379-4496-bcd3-9fed6da5e8f1.pdf) |
| 31 Mar - Trading window closed from 1 April 2026 until 48 hours after audited FY2026 results. | [Closure of Trading Window 31 Mar - Trading window closed from 1 April 2026 until 48 hours after audited FY2026 results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7f945af-6a22-42a5-99c2-e4191ad07731.pdf) |
| 3 Apr - BLW awarded Kernex Rs. 91.12 crore order for 112 KAVACH loco equipment sets, executable by 15 Feb 2027. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 3 Apr - BLW awarded Kernex Rs. 91.12 crore order for 112 KAVACH loco equipment sets, executable by 15 Feb 2027.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9b5f0496-6f6e-4b42-93d9-e4ad45af5649.pdf) |
| 2 Feb - 43,000 equity shares Rs.10 allotted under KMIL ESOS-2023 listed for trading from Feb 3, 2026. | [Listing And Trading Approval 2 Feb - 43,000 equity shares Rs.10 allotted under KMIL ESOS-2023 listed for trading from Feb 3, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/392f4d4f-8b2c-4276-8061-692c3b838a00.pdf) |
| 13 Apr - Received Rs. 67.53 crore PLW order for KAVACH equipment, to be executed by 15 April 2027. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 13 Apr - Received Rs. 67.53 crore PLW order for KAVACH equipment, to be executed by 15 April 2027.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6c567b53-adbe-4a0d-b29f-1ddff6b63cc0.pdf) |
| 12 Feb - Q3/9M Dec 31,2025 results; consolidated profit ₹605.88L (quarter), ₹1,999.20L (9M); auditor qualification; ₹3,268 Cr order book. | [Unaudited Financial Results For The Quarter And Nine Months Ended On 31.12.2025 12 Feb - Q3/9M Dec 31,2025 results; consolidated profit ₹605.88L (quarter), ₹1,999.20L (9M); auditor qualification; ₹3,268 Cr order book.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/154ebafb-5f0b-44ce-802f-46614702bbef.pdf) |
| 11 Feb - BLW awarded Rs.411.17 Crore contract for 505 KAVACH onboard units; 12-month delivery. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 11 Feb - BLW awarded Rs.411.17 Crore contract for 505 KAVACH onboard units; 12-month delivery.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/27ab246e-c5eb-4698-af4b-8b8f9b431bca.pdf) |
| — | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ceb993a8-044d-41df-aac4-e16b3d71e042.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Mar 2025 | [Concall - Mar 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/172387c2-fb40-477b-8a62-bc8fa65eeb07.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/111cfb1a-f0c6-4438-96ee-027f66ac0905.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2012 from nse](https://archives.nseindia.com/annual_reports/AR_KERNEX_2011_2012_17092012110614.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dd8d97d8-f22d-4e24-a97b-b4832bf3458e.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8c844ad1-c9cc-426e-b0be-d771ae7c7675.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/23eb64dc-4611-4ed4-8df8-e080f77e7918.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532686/77057532686.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532686/71800532686.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532686/66887532686.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532686/5326860319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532686/5326860318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532686/5326860317.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:20:06.679Z.