Kernex Microsystems (India) Ltd.
Snapshot View

68.50 -1.60 ▼-2.3%

05 August 2021, 01:34:00 P.M.
Volume: 2,176

Overview View Details

Sector Information Technology Compare with Sector peers
Industry IT - Software Compare with Industry peers
Website http://www.kernex.in
Financial Indicators
Market Cap 87.62 Cr.
Earnings per share (EPS) 0.56 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 124.11 Trailing Twelve Months Ending 2021-06
Industry PE 32.95 Trailing Twelve Months Ending 2021-06
Book Value / Share 47.41 Trailing Twelve Months Ending 2021-06
Price to Book Value 1.48 Calculated using Price: 70.10
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.25 Cr. 12,499,655 Shares
FaceValue 10
Company Profile

Kernex Microsystems was incorporated on September 15, 1991 as a private limited company with the object of designing, developing, installing and maintaining software packages for domestic and international markets. They are registered as 100% Export Oriented Unit (EOU) with Software Technology Parks of India, Department of Electronics, Govt. of India, New Delhi.

The company is presently engaged in the business of manufacturing, installing and maintaining of anti-collision systems as well as conceptualizing, designing, and developing certain railway safety and signal systems for Konkan Railways Corporation Ltd. These safety and signal systems are suitable for medium to low speed & density railway tracks like in India and other developing countries.

It entered into technology partnership with Konkan Railway Corporation Ltd, Navi Mumbai for design, engineering and development of anti-collision systems for providing safety to trains in Railways. It hold exclusive license for manufacturing, installation, commissioning and maintenance of anti-collision systems in India. The company also has an outsourced facility for the Konkan Railways Corporation Ltd. for manufacture and supply of ACDs and related accessories.

The company is a technology partner for the development and implementation of ADDs for Metro Sky-Bus Urban Transportation System, Advanced Railway Signal Systems and other safety systems. It holds the exclusive marketing rights of ACD systems all over the world except India.

They developed and exported software packages from 1993 to 2003 namely “Mimex” for GUI application, LearnX a self learning tool, ELX, Flicker, MathX, EzEc Builder, Netcare, E-DOCS, etc. With E-DOCS, They provided powerful, extensible and affordable document management and imaging solutions to companies and organizations looking to reduce their dependence on paper distributed information more efficiently and assist collaboration among users. MathX was an interactive mathematical wizard on MS-Windows, NT and 95 for evaluating complete expressions and solving intricate equations. It provided an easy to use interface to combine equations, graphics and text in single/multiple documents. EzEc Builder package was an integrated Electronic Commerce Tool to create and maintain supermarkets on Internet. It provided a BackOffice administration and an extensive set of canned reports. A virtual ERP, with all facets of electronics commerce, inventory control, financial accounting and customer management. Their turnover increased from Rs. 4.5 Million to Rs. 78 Million during fiscal year 1993 to 2003. In the domestic market, we also developed Intelligent Data Acquisition System and installed on Konkan Railways in 53 stations from 1997 to 1999.

The company started developing Railway Safety systems from 1999 and successfully developed and demonstrated a prototype of ACDs to Konkan Railway Corporation and Members of the Railway Safety Board. In March 2000 we entered into a Memorandum of Understanding with KRCL for Technical Collaboration for developing full scale networked Anti-Collision Systems (ACDs). They, jointly with KRCL, took up an intensive analysis of the major accidents that occurred in India, The functional requirements of the clients and operational safety procedures have been fully considered, for designing the logics of Anti Collision Systems. Based on the concept and domain knowledge provided by Konkan Railway Corporation Ltd, we developed the networked Anti-Collision Devices, using Global Positioning System, Radio Data Communication, Application Logics and Inter facing these with an Auto Breaking System developed by KRCL.

With operations in USA and planned operations in Far East, Africa and Middle East, Kernex is truly a global player in the offing.

Product range of the company includes:

  • Raksha kavach- It is a fully integrated, state of the art electronic control system designed to minimize collisions and increase safety on any railway network, both freight as well as passenger trains. It is a non-vital system providing an additional layer of safety in train operations to prevent dangerous train collisions, caused due to human errors or limitations and equipment failures.
  • Auto Control System - Auto control system (ACS) from is a cost-effective solution for rail based urban mass transportation. It can be used in both Manual and Auto mode operations. It supports Drivers, Station managers and Supervising staff with automatic functions and display information. This system monitors and controls continuously rail movements, Rail and station operations with the help of fail-safe signaling methodologies
  • Satdham Safety System (SSS)- The present signal systems involve fixed optical signals and physical monitoring wherein track circuits and relays are used. These are further linked and net worked with complex logical paths and routes on which a train is to be received or dispatched. Physical wiring and very large number of relays with on / off status are combined and designs with layout plans for wiring are prepared laboriously to ensure interlocking of signals.
  • Auto Tracking And Safety System (ATS) - Advancements in Modern communication technology can effectively be used to provide solutions and improve quality and efficiency of our transportation system. ATS is a fleet tracking, security and management solution for owners of vehicles to obtain information on the location and status of each vehicle in real-time.
  • Accurex- Accurex is a state of art Data Acquisition System developed and engineered by Kernex Microsystems ( India ) Ltd., Hyderabad . Accurex follows open systems standard and can be used for a wide range of applications such as Railways, Process Industries, R&D establishments, Defence establishments etc. Accurex comprises of a Central Monitoring Unit (CMU) and a number of Intelligent Data Acquisition Systems (IDAS) connected on a wide area network, which can be based on a copper cable, Telephone network, Optical Fibre cable, VHF/UHF/Microwave/GSM Radio network or Satellite link.
  • Edocs- Edocs is a 100% browser-based document management system that transforms the way businesses work with both paper and electronic documents. Enterprise and/or departmental applications involving: Document Management and Workflow Scanning PDF file management It can be easily implemented at a fraction of the cost of older client/server systems. The cornerstone of EDOCS's architecture is a COM-based API, which integrates seamlessly with other Windows® NT-based Internet, Intranet, or extranet applications.

The customer list of the company includes:

  • Konkan Railway Corporation Limited (also a technical partner)
  • North-East Frontier Railway
  • SKYBUS METRO Corporation Limited
  • DAXPRO, Kuala Lumpur, Malaysia
  • Electronic Corporation of India Limited
  • Singareni Collieries Company Limited
  • Wolverine Information Systems Inc. U.S.A
  • JKL Corporation Fremont, CA, U.S.A

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-2.28%
1 Week
-9.63%
1 Month
-24.02%
3 Month
+66.87%
6 Month
+180.74%
1 Year
+283.75%
2 Year
+238.27%
5 Year
+92.15%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 3.27 0.28 -1.65 -10.52 -15.19 -4.40 -17.96 -32.37 5.98
Return on Capital Employed (%) 6.96 3.65 0.39 -6.47 -7.28 1.50 -12.27 -21.67 12.65
Return on Assets (%) 2.52 0.22 -1.26 -7.55 -10.05 -2.80 -11.63 -20.93 4.20

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 128 128 127 113 97 88 76 56 59
Non Curr. Liab. 0 0 0 0 3 7 9 0 3
Curr. Liab. 37 32 47 48 56 39 35 28 17
Minority Int.
Equity & Liab. 164 161 174 161 156 133 120 84 79
Non Curr. Assets 81 80 74 70 67 68 62 51 44
Curr. Assets 83 81 100 92 89 66 58 33 35
Misc. Exp. not W/O
Total Assets 164 161 174 161 156 133 120 84 79

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 44 28 30 20 12 12 13 8 15
Other Income 2 3 3 2 2 2 1 21 18
Total Income 46 31 33 21 14 14 14 29 33
Total Expenditure -35 -23 -28 -26 -21 -33 -25 -21 -22
PBIDT 11 8 5 -5 -7 -19 -11 8 11
Interest -4 -4 -3 -3 -6 -4 -2 -2 -6
Depreciation -1 -3 -4 -4 -3 -3 -2 -2 -2
Taxation -2 -1 0 0 0 -2 1 0 0
Exceptional Items 24 -25
PAT 4 0 -2 -13 -16 -4 -15 -21 3

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 8 4 -1 -6 -4 -26 3 -25 -11
Cash Fr. Inv. -1 0 -1 1 0 30 0 29 25
Cash Fr. Finan. -10 -7 7 -2 3 -4 -2 -2 -6
Net Change -2 -4 5 -8 0 0 1 1 7
Cash & Cash Eqvt 12 8 13 6 5 6 6 7 15

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 22.33 22.33 22.33 22.34 22.34 22.34 22.34 22.34 22.34
Public 77.67 77.67 77.67 77.66 77.66 77.66 77.66 77.66 77.66
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Sun, 01 Aug 2021
Disclosure Under Regulation 32(1) Of SEBI (Listing Obligations And Disclosure Requirements) <BR> Regulations 2015<BR>
Pursuant to SEBI circular- CIR/CFD/CMD1/162/2019 dated 24th December 2019 regarding Format on Statement of Deviation or Variation for proceeds of public issue/rights issue/preferential issue Qualified Institutions Placement (QIP) etc. in reference to Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we would like to inform that the said Regulation 32(1) is not applicable for the Company as we have not raised funds and hence not submitting Annexure A as per the SEBI circular.

This is for your information and necessary records.
Sun, 01 Aug 2021
Board Meeting Outcome for Outcome Of Board Meeting Held On 01.08.2021
Pursuant to Regulation 30 read with Part A of Schedule III of the Listing Regulations we hereby inform you that the Board of Directors of the Company at its 205th Board Meeting held on 1st August 2021 had inter-alia transacted the following items of the business:

i) Approved the Un-audited Standalone and Consolidated Financial Results of the Company for the first quarter ended 30th June 2021 as reviewed by the Audit Committee and Statutory Auditors of the Company.

ii) Taken note of the Limited Review Report on Quarterly Standalone and Consolidated Financial Statements of the Company for the quarter ended 30th June 2021 as required under Regulation 33 of SEBI (LODR) Regulations 2015.

iii) Approved the Directors Report along with the Management Discussion and Analysis Corporate Governance Report and other relevant annexures forming part of the report.

The aforesaid Board Meeting commenced at 08:00 A.M. and concluded at 12.15 P.M.

Sun, 01 Aug 2021
Financial Results For The Quarter Ended On 30.06.2021
Please find enclosed herewith the following documents in terms of Regulation 33 of SEBI (LODR) Regulations 2015:

1. Un-Audited Standalone and Consolidated Financial Results of the Company for the first quarter ended 30th June 2021.

2. Limited Review Report on Quarterly Standalone and Consolidated Financial Statements of the Company for the first quarter ended on 30th June 2021 as required under Regulation 33 of SEBI (LODR) Regulations 2015

This is for your information and necessary records.

Technical Scans View Details

Wed, 04 Aug 2021
Opening at High Opening at High
Closing Below Previous Low Closing Below Previous Low
Close Crossing 50 SMA From Above Close Crossing 50 SMA From Above
Black Marubozu Black Marubozu
Bearish Engulfing Bearish Engulfing

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