# Kernex Microsystems (India) share price today (Kernex Microsystems (India) Ltd, NSE: KERNEX)

> Kernex Microsystems (India) share price today: ₹1,583.00 at the NSE close on 3 November 2026, up 21.5% in a year. Kernex Microsystems (India) (NSE: KERNEX) is worth ₹2,659 crore, trades at a P/E of 14.0 and has closed between ₹908.35 and ₹2,448.90 over the past 52 weeks. > Kernex Microsystems (India) Ltd's multiple is near its low because earnings grew even faster than a 18× rise in the share price over five years. The multiple is low because of growth, not neglect. Results are still improving, and its P/E is higher than only 32% of its own 7-year history. KERNEX · Railways - Kavach/Springs · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/kernex-microsystems-indialtd

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## Key numbers

- Price: ₹1,583.00 (+21.5% in a year)
- P/E: 14.0× (lower than 68% of the last 6.7 years)
- Revenue (Jun 2026): ₹504 Cr (+800.0% on a year ago)
- Profit (Jun 2026): ₹110 Cr (+1,471.4% on a year ago)
- Operating margin: 32.0% (+10.0 points on a year ago)
- ROCE: 48%, FY26
- ROIC: 55.1%, against a 12.0% cost of capital: +43.1 points
- Profit that came in as cash: −59%, last 3 years

The main question: profits are rising, but only −59% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Kernex Microsystems (India) share price today? Kernex Microsystems (India) Ltd's share price was ₹1,583.00 at the close on 3 November 2026. It has been rising for 25 weeks. That is 3.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹908 and ₹2,449, and at that close it sat 44% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 12 weeks running. Over the last 11 years the share price moved +4,990% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Kernex Microsystems (India) this quarter? Three changes stood out: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare), operating margin up 10 points on a year earlier and highest quarterly profit in 15 quarters. 1. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare) In the June 2026 quarter revenue was ₹504 crore, +800% on a year earlier. 2. Operating margin up 10 points on a year earlier 32% in the June 2026 quarter, from 22%. 3. Highest quarterly profit in 15 quarters Profit of ₹110 crore in the June 2026 quarter is the highest of the last 15 quarters. ## What are Kernex Microsystems (India)'s latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Kernex Microsystems (India) reported revenue of ₹504 crore, up 800.0% from ₹56.0 crore a year earlier, and a profit of ₹110 crore, up 1,471.4% from ₹7.00 crore. ### Kernex Microsystems (India) results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹504 crore | ₹56.0 crore | +800.0% |
| Profit | ₹110 crore | ₹7.00 crore | +1,471.4% |
| Earnings per share | ₹65.37 | ₹4.45 | +1,369.0% |
| Operating margin | 32.0% | 22.0% | +10.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Kernex Microsystems (India) share price history? Kernex Microsystems (India) closed at ₹1,583.00 on 3 November 2026, up 21.5% from ₹1,302.80 a year earlier (31 October 2025) and up 1,720.6% over five years. Its highest weekly close since March 2016 was ₹2,448.90 on 7 August 2026. ### Kernex Microsystems (India) share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹1,585.90 | −0.2% |
| 1 month ago · 1 Oct 2026 | ₹1,643.85 | −3.7% |
| 6 months ago · 30 Apr 2026 | ₹1,347.80 | +17.5% |
| 1 year ago · 31 Oct 2025 | ₹1,302.80 | +21.5% |
| 3 years ago · 3 Nov 2023 | ₹637.50 | +148.3% |
| 5 years ago · 4 Nov 2021 | ₹86.95 | +1,720.6% |
| 10 years ago · 4 Nov 2016 | ₹39.45 | +3,912.7% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹31.10 | +4,990.0% |
| Highest weekly close since March 2016, also the 52-week high · 7 Aug 2026 | ₹2,448.90 | −35.4% |
| Lowest weekly close since March 2016 · 8 May 2020 | ₹11.41 | +13,773.8% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹908.35 | +74.3% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (562 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Kernex Microsystems (India)? 3 Nov 2026: Kernex Microsystems (India) closed at ₹1,583.00, down 0.2% on the week and down 3.7% on the month. Results for April to June 2026: Revenue up 800.0% and profit up 1,471.4% on a year earlier. ## What dividend does Kernex Microsystems (India) pay? Kernex Microsystems (India) has paid no dividend on the NSE since 1 April 2021, the start of the period we checked. No. Kernex Microsystems (India) Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is Kernex Microsystems (India) on? Kernex Microsystems (India) is not on any of our India lists this week. ## Is Kernex Microsystems (India) profitable? Kernex Microsystems (India) Ltd earned ₹110 Cr of net profit in the Jun 2026 quarter, +1,471.4% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹88.0 Cr. That is 21.8% of the quarter's revenue. The same quarter a year earlier earned ₹7.0 Cr. 3 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was ₹88.0 Cr (+76.0% on the year before). Why profit moved: revenue changed +800.0% on a year earlier and the margin moved +10.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +390.8% and revenue +279.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Kernex Microsystems (India) make, and is it growing? Kernex Microsystems (India) Ltd reported ₹504 Cr of revenue in the Jun 2026 quarter, +800.0% on the same quarter a year earlier. That is the 11th quarter in a row with growth on the year before. Over 10 years it has grown 43.0% a year on average. The last full year, FY26, came in at ₹430 Cr. The last four reported quarters add to ₹879 Cr. FY26 revenue was ₹430 Cr, +126.3% on the year before. Recent pace: the last four quarters grew +279.8% on average, against 43.0% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +305.1%, against +332.5% a year over the last 8 quarters (rolling over). ## How much of every ₹100 of sales does Kernex Microsystems (India) keep? Kernex Microsystems (India) Ltd's operating margin was 32.0% in the Jun 2026 quarter, 10.0 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 13 years it has been between −416.0% and 35.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +9.8 percentage points on the year while gross margin changed +0.6 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead. ## Is Kernex Microsystems (India)'s profit turning into cash? Over the last 3 years Kernex Microsystems (India) Ltd's operations used more cash than they brought in, so cash conversion was −59%, a gap worth watching. In FY26 its operations used ₹100 Cr of cash, against ₹88.0 Cr of profit. After ₹8.0 Cr of spending on assets, free cash was −₹108 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Kernex Microsystems (India)'s cash go? Kernex Microsystems (India) Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹430 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹18.0 Cr on assets over the last 3 years. Averaged over those years that is 1.4% of FY26 revenue a year. Spending on assets: ₹18.0 Cr over the last 3 years, against ₹11.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Kernex Microsystems (India)'s P/E ratio, and how does it compare with its own history? Kernex Microsystems (India) Ltd's P/E is 14.0×, near the low end of its own history: it has been lower only 32% of the time. Its usual P/E (the middle reading) is 34.8×, over 6.7 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks. Why the multiple is where it is: over the past year earnings per share moved +75.4% while the price moved +21.5%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +78.7% a year; about +189.2% a year came from earnings growth and about −110.5 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Kernex Microsystems (India) business getting better or worse? Kernex Microsystems (India) Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Kernex Microsystems (India) earn on its capital? Kernex Microsystems (India) Ltd earned a ROCE of 48% in FY26. That is up from a low of −23% in FY23. Its return on capital used (ROIC) is 43.1 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 20.5% net margin and 0.47× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 20.5% net margin × 0.47× asset turnover × 3.71× leverage (assets divided by equity) ≈ 35.7% on equity. The margin does most of the work; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 55.1% − 12.0% = +43.1 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value. The 55.1% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 36.5%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Kernex Microsystems (India) have too much debt? Kernex Microsystems (India) Ltd has total debt of ₹162 Cr against shareholder equity of ₹247 Cr as of Jun 2026, so its debt is 0.66× its equity. Year by year, that ratio went from 0.38 in FY22 to 0.66 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Kernex Microsystems (India) shareholding pattern? No group of Kernex Microsystems (India) Ltd's owners changed its stake by a full percentage point over the last two years. Promoters moved −0.4 points over the same period, to 28.7%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: +0.7 points over 8 quarters, to 1.2%; Promoters: −0.4 points over 8 quarters, to 28.7%; Domestic institutions: +0.0 points over 8 quarters, to 0.1%. ## How far is Kernex Microsystems (India) from balance-sheet trouble? For Kernex Microsystems (India) Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Kernex Microsystems (India) rank in its industry? 66.9 out of 100, rank 2 of 4 in Railways - Kavach/Springs, with 80% of the evidence available. Kernex Microsystems (India) Ltd scores 66.9 out of 100 against the 4 companies it is compared with in Railways - Kavach/Springs, ranking 2. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 32 + 16 + 10 + 8.9 = 66.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Kernex Microsystems (India) compared with? Kernex Microsystems (India) ranks 2 of 4 Railways - Kavach/Springs companies on the 4-Factor Sector Score, with 66.9 out of 100. 1. [HBL Engineering Ltd](https://www.sectoralpha.in/stocks/hbl-engineering-ltd) HBLENGINE · turning · Most evidence points up · 82% evidence 78.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.0/35 · Revenue 62.9% · Profit 100% · Operating margin change -9 points · 100% evidence Capital efficiency 23.0/25 · ROCE 59.3% · Operating margin 23% · 100% evidence Valuation 15.2/20 · P/E 27.6× · PEG 1.01 · 85% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 7.8% · 1 year -20.4% · 25% evidence · 3 of 12 weeks ahead Exact sum: 28 + 23 + 15.2 + 12.5 = 78.7 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. Kernex Microsystems (India) Ltd this page KERNEX · quiet · Most evidence points up · 80% evidence 66.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.0/35 · Revenue 100% · Profit 100% · Operating margin change 10 points · 100% evidence Capital efficiency 16.0/25 · ROCE 47.8% · Operating margin 32% · 100% evidence Valuation 10.0/20 · P/E 13.8× · PEG n/a · 0% evidence Relative strength 8.9/20 · Lead over its industry -0.7% · Lead over NIFTY 500 8.8% · 1 year 19.9% · 100% evidence · 2 of 12 weeks ahead Exact sum: 32 + 16 + 10 + 8.9 = 66.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Frontier Springs Ltd](https://www.sectoralpha.in/stocks/frontier-springs-ltd) FRONTSP · turning · Evidence leans up · 77% evidence 61.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.8/43.75 · Revenue 27.4% · Profit 37.2% · Operating margin change -2 points · 100% evidence Capital efficiency 28.8/31.25 · ROCE 50.6% · Operating margin 25% · 100% evidence Valuation 5.5/25 · P/E 25.8× · PEG 2.77 · 85% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 26.8 + 28.8 + 5.5 = 61.1 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 4. [Quadrant Future Tek Ltd](https://www.sectoralpha.in/stocks/quadrant-future-tek-ltd) QUADFUTURE · leader · Evidence leans down · 71% evidence 42.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.0/35 · Revenue 7.1% · Profit -61.2% · Operating margin change 26.9 points · 74% evidence Capital efficiency 0.0/25 · ROCE -15.5% · Operating margin -8.3% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 18.7/20 · Lead over its industry 3.5% · Lead over NIFTY 500 14.2% · 1 year 21.1% · 100% evidence · 12 of 12 weeks ahead Exact sum: 14 + 0 + 10 + 18.7 = 42.7 · What this means: Relative strength against the index is 14.2%, and revenue and profit growth are weak. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Railways - Kavach/Springs](https://www.sectoralpha.in/sectors/railways-kavach-springs), all 4 compared on one page. ## Which companies are close to Kernex Microsystems (India) in size? Kernex Microsystems (India) is the 2nd largest of 4 Railways - Kavach/Springs companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: HBL Engineering. Just below it: Quadrant Future Tek and Frontier Springs. ### Railways - Kavach/Springs companies close in size

1. [HBL Engineering Ltd](https://www.sectoralpha.in/stocks/hbl-engineering-ltd) ₹22,158 crore
2. Kernex Microsystems (India) Ltd ₹2,627 crore
3. [Quadrant Future Tek Ltd](https://www.sectoralpha.in/stocks/quadrant-future-tek-ltd) ₹1,541 crore
4. [Frontier Springs Ltd](https://www.sectoralpha.in/stocks/frontier-springs-ltd) ₹1,513 crore

[All 4 Railways - Kavach/Springs companies, largest first](https://www.sectoralpha.in/sectors/railways-kavach-springs#all-companies)

### Companies close in size in other industries

1. [Mufin Green Finance Ltd](https://www.sectoralpha.in/stocks/mufin-green-finance-ltd) ₹2,632 crore · Finance & Investments - Others
2. [The Anup Engineering Ltd](https://www.sectoralpha.in/stocks/the-anup-engineering-ltd) ₹2,630 crore · Capital Goods - Engineering Heavy
3. Kernex Microsystems (India) Ltd ₹2,627 crore
4. [Stove Kraft Ltd](https://www.sectoralpha.in/stocks/stove-kraft-ltd) ₹2,626 crore · Domestic Appliances
5. [Hubtown Ltd](https://www.sectoralpha.in/stocks/hubtown-ltd) ₹2,613 crore · Realty - Construction & Contracting

## What else do people ask about Kernex Microsystems (India)? ### What is Kernex Microsystems (India)'s share price today? Kernex Microsystems (India) Ltd's share price is ₹1,583.00, +21.5% over the past year. The whole company is worth ₹2,659 Cr on the market. In the last 52 weeks it traded between ₹908 to ₹2,449; today it is 44% of the way up from the low, 3.5% below its 200-day average (as of 3 November 2026). ### What were Kernex Microsystems (India)'s latest quarterly results? Kernex Microsystems (India) Ltd reported revenue of ₹504 Cr and net profit of ₹110 Cr for the Jun 2026 quarter. Revenue rose 800.0% and profit rose 1,471.4% compared with a year earlier. Earnings per share were ₹65.37. The operating margin was 32.0%, 10.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Kernex Microsystems (India)'s market cap? Kernex Microsystems (India) Ltd's market capitalisation is ₹2,659 Cr at a share price of ₹1,583.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Kernex Microsystems (India) performing? Kernex Microsystems (India) Ltd's share price has been rising for 25 weeks. In its latest quarter, revenue rose 800.0% and profit rose 1,471.4% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 12 weeks running (as of 3 November 2026). ### Will Kernex Microsystems (India)'s share price go up? This page does not forecast Kernex Microsystems (India) Ltd's share price. What it shows instead: the share price is ₹1,583.00, and it has been rising for 25 weeks. Its P/E of 14.0× is higher than 32% of its own last 7 years (as of 3 November 2026). ### Who owns Kernex Microsystems (India)? Promoters own 28.7% of Kernex Microsystems (India) Ltd, foreign institutions 1.2%, domestic institutions 0.1% and the public 70.0% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Does Kernex Microsystems (India) have too much debt? Kernex Microsystems (India) Ltd has a moderate amount of debt: its debt is 0.65× its equity, and its operating profit is 5 times its interest bill. FY26 borrowings were ₹162 Cr against equity of ₹248 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Kernex Microsystems (India) in its business cycle? Kernex Microsystems (India) Ltd's FY26 operating margin was 35.0%, against a 13-year range of −416.0% to 35.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 32.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Kernex Microsystems (India) story? The main question: profits are rising, but only −59% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Kernex Microsystems (India) a stock worth studying right now? What the numbers show: Kernex Microsystems (India) Ltd's multiple is near its low because earnings grew even faster than a 18× rise in the share price over five years. The multiple is low because of growth, not neglect. Results are still improving, and its P/E is higher than only 32% of its own 7-year history. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.