Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 3:12 am
Author: Getaka|Social: XLinkedIn

Kernex Microsystems (India) Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹974.12Fairly Valued by 1.90%vs CMP ₹956.00

P/E (30.5) × ROE (38.0%) × BV (₹103.00) × DY (2.00%)

₹783.87Overvalued by 18.01%vs CMP ₹956.00
MoS: -22% (Negative)Confidence: 59/100 (Moderate)Models: 1 Under, 7 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹2,096.4427%Under (+119.3%)
Graham NumberEarnings₹269.8016%Over (-71.8%)
DCFCash Flow₹721.0613%Over (-24.6%)
Net Asset ValueAssets₹103.589%Over (-89.2%)
EV/EBITDAEnterprise₹208.9411%Over (-78.1%)
Earnings YieldEarnings₹314.109%Over (-67.1%)
ROCE CapitalReturns₹69.549%Over (-92.7%)
Revenue MultipleRevenue₹169.657%Over (-82.3%)
Consensus (8 models)₹783.87100%Overvalued
Key Drivers: EPS CAGR 115.2% lifts DCF — verify sustainability. | Wide model spread (₹70–₹2,096) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 115.2%

*Investments are subject to market risks

Investment Snapshot

72
Kernex Microsystems (India) Ltd scores 72/100 (Strong)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health72/100 · Strong
ROCE 23.8% ExcellentROE 38.0% ExcellentD/E 0.32 ModerateInterest Coverage 0.0x RiskyProfitable 2/5 years Inconsistent
Smart Money40/100 · Moderate
FII holding stable No changeDII holding down 1.03% MF sellingPromoter holding at 28.9% Stable
Earnings Quality55/100 · Moderate
OPM expanding (-279% → -48%) ImprovingWorking capital: 146 days Capital intensive
Quarterly Momentum90/100 · Strong
Revenue (4Q): +124% YoY AcceleratingProfit (4Q): +983% YoY Strong
Industry Rank100/100 · Strong
P/E 30.5 vs industry 61.2 Cheaper than peersROCE 23.8% vs industry 16.4% Above peersROE 38.0% vs industry 15.9% Above peers3Y sales CAGR: 201% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Kernex Microsystems (India) Ltd Investor Signals

Computed from valuation, cash flow, balance sheet, ownership and quarterly trend data already available in this stock page.

Value Trap Score
60/100
Moderate
Derived from: Cheapness + weak quality + weak cash support
Current data: P/E 30.5 vs Ind 61.2 | ROCE 23.8% | ROE 38.0% | CFO/NP N/A
Balance Sheet Stress
20/100
Comfortable
Derived from: Leverage + debt servicing + liquidity + debt trend
Current data: D/E 0.32x | IntCov 0.0x | Current 1.90x | Borrow/Reserve 0.57x
Cash Flow Reliability
43/100
Mixed
Derived from: Cash backing of earnings + working capital pressure
Current data: CFO ₹0 Cr | NP ₹50 Cr | CFO/NP N/A
Ownership Accumulation
-75
Distribution
Derived from: FII + DII + promoter direction, adjusted by crowding
Current data: FII -0.47 pp | DII -0.32 pp | Prom -0.08 pp
Business Momentum
+17
Early weakness
Derived from: Latest quarter sales + profit + OPM change
Current data: Q Sales +54.1% | Q NP -7.1% | Q OPM -7.2 pp
Derived FieldValueHow it is derived
Valuation Gap %-18.0%((Fair Value - CMP) / CMP) × 100
Borrowings / Reserves0.57xLatest borrowings divided by latest reserves
CFO / Net ProfitN/ALatest operating cash flow divided by latest net profit
FII Change-0.47 ppLatest FII% minus previous FII%
DII Change-0.32 ppLatest DII% minus previous DII%
Promoter Change-0.08 ppLatest promoter% minus previous promoter%
Shareholder Count Change-2,598Latest shareholder count minus previous count
Quarterly Sales Change+54.1%Latest quarter sales vs previous quarter sales
Quarterly Profit Change-7.1%Latest quarter net profit vs previous quarter net profit
Quarterly OPM Change-7.2 ppLatest quarter OPM minus previous quarter OPM

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:12 am

Market Cap 1,606 Cr.
Current Price 956
Intrinsic Value₹783.87
High / Low 1,434/672
Stock P/E30.5
Book Value 103
Dividend Yield0.00 %
ROCE23.8 %
ROE38.0 %
Face Value 10.0
PEG Ratio0.26

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Kernex Microsystems (India) Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Kernex Microsystems (India) Ltd 1,606 Cr. 956 1,434/67230.5 1030.00 %23.8 %38.0 % 10.0
Servotech Power Systems Ltd 1,546 Cr. 68.4 168/57.547.8 10.70.07 %20.8 %19.0 % 1.00
Modern Insulators Ltd 1,080 Cr. 229 290/77.416.1 1060.00 %8.98 %7.36 % 10.0
Salzer Electronics Ltd 931 Cr. 526 1,148/48917.9 3150.47 %12.8 %10.6 % 10.0
Igarashi Motors India Ltd 927 Cr. 294 665/27168.1 1480.85 %7.73 %5.30 % 10.0
Industry Average12,116.17 Cr516.5461.1898.010.35%16.40%15.91%6.47

All Competitor Stocks of Kernex Microsystems (India) Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 2.110.520.961.418.318.9128.6841.2236.8183.0755.9347.1272.60
Expenses 6.387.121.464.8212.8121.2623.8330.9728.2365.9543.3532.8555.81
Operating Profit -4.27-6.60-0.50-3.41-4.50-12.354.8510.258.5817.1212.5814.2716.79
OPM % -202.37%-1,269.23%-52.08%-241.84%-54.15%-138.61%16.91%24.87%23.31%20.61%22.49%30.28%23.13%
Other Income 1.95-1.510.470.260.500.080.240.260.330.620.360.490.48
Interest 0.81-1.260.210.401.250.521.033.061.221.612.554.699.12
Depreciation 0.351.360.620.563.260.530.630.650.620.930.840.971.88
Profit before tax -3.48-8.21-0.86-4.11-8.51-13.323.436.807.0715.209.559.106.27
Tax % 5.17%2.07%9.30%10.46%0.59%-4.88%-3.79%-0.29%-0.85%-114.01%22.41%28.35%3.35%
Net Profit -3.66-8.37-0.94-4.53-8.57-12.673.576.827.1332.537.416.526.06
EPS in Rs -2.63-5.33-0.57-2.85-5.07-7.532.164.094.2819.454.453.923.59

Last Updated: March 4, 2026, 4:16 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 24, 2026, 6:16 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 2818121213815187420190259
Expenses 2725203325212214162142149198
Operating Profit 2-7-9-21-12-13-74-9-17-234161
OPM % 6%-37%-76%-171%-87%-158%-49%21%-142%-416%-117%22%23%
Other Income 322251-4181-31112
Interest 33642261313718
Depreciation 4433222212235
Profit before tax -2-13-16-2-15-2232-17-20-273240
Tax % -16%-2%-2%115%-4%-1%-1%2%2%2%-0%-54%
Net Profit -2-13-16-4-15-2132-17-20-275053
EPS in Rs -1.69-10.11-12.74-3.24-11.78-17.062.741.62-13.76-12.82-15.7629.9831.41
Dividend Payout % 0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-550.00%-23.08%75.00%-275.00%-40.00%114.29%-33.33%-950.00%-17.65%-35.00%285.19%
Change in YoY Net Profit Growth (%)0.00%526.92%98.08%-350.00%235.00%154.29%-147.62%-916.67%932.35%-17.35%320.19%

Kernex Microsystems (India) Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:26%
5 Years:66%
3 Years:206%
TTM:359%
Compounded Profit Growth
10 Years:20%
5 Years:44%
3 Years:79%
TTM:347%
Stock Price CAGR
10 Years:40%
5 Years:126%
3 Years:58%
1 Year:31%
Return on Equity
10 Years:-11%
5 Years:-2%
3 Years:1%
Last Year:38%

Last Updated: September 5, 2025, 9:00 am

Balance Sheet

Last Updated: December 4, 2025, 1:31 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 12121212121212121215171717
Reserves 115101847564434650366790141157
Borrowings 26283324262111201811284089
Other Liabilities 202027211916161214112742199
Total Liabilities 17416215713312193859580104161240461
Fixed Assets 58535055544333322524242534
CWIP 1010100000003270
Investments 0000000000000
Other Assets 107999778685053635578135208427
Total Assets 17416215713312193859580104161240461

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + -1-6-4-263-23-113-5-36-7115
Cash from Investing Activity + -11030-02625-12-7-1-5-9
Cash from Financing Activity + 7-23-4-2-2-6-1045645
Net Cash Flow 5-8-00117-10-119-1111
Free Cash Flow -3-6-44361231-37-766
CFO/OP -78%83%40%122%-26%176%153%86%49%214%311%36%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-24.00-35.00-42.00-45.00-38.00-34.00-18.00-16.00-27.00-28.00-51.001.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 7111,0431,6431,2369966743162395960745
Inventory Days 1,7792931,9158442669629672,1412,098195
Days Payable 9623251,225405201011774346076
Cash Conversion Cycle 7111,0432,4601,2051,6861,1145621,0991,3852,0981,644164
Working Capital Days 5147488896295052722361642261,2191,003146
ROCE %0%-6%-7%-18%-12%-15%-8%4%-13%-23%-21%24%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 31.60%31.60%31.60%29.14%29.14%29.14%29.14%29.08%29.08%28.97%28.97%28.89%
FIIs 0.00%0.00%0.03%0.01%0.01%0.00%0.49%1.16%0.07%0.52%0.54%0.07%
DIIs 0.00%0.00%0.00%0.01%0.01%0.00%0.04%0.73%1.10%1.11%0.39%0.07%
Government 0.07%0.07%0.07%0.06%0.06%0.06%0.06%0.06%0.06%0.06%0.06%0.06%
Public 68.34%68.33%68.30%70.79%70.77%70.78%70.26%68.96%69.68%69.34%70.04%70.91%
No. of Shareholders 13,09413,79114,66015,00716,24022,24127,05834,24237,89442,14942,78540,187

Shareholding Pattern Chart

No. of Shareholders

Kernex Microsystems (India) Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Bank of India Small Cap Fund 1,338 0.01 0.168,3382026-01-26 05:37:49-83.95%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 29.98-16.61-14.67-13.771.62
Diluted EPS (Rs.) 29.95-16.61-14.67-13.771.62
Cash EPS (Rs.) 31.55-12.97-11.41-12.622.86
Book Value[Excl.RevalReserv]/Share (Rs.) 94.2263.3753.0638.6650.21
Book Value[Incl.RevalReserv]/Share (Rs.) 94.2263.3753.0638.6650.21
Revenue From Operations / Share (Rs.) 113.2311.692.615.3214.66
PBDIT / Share (Rs.) 25.21-11.61-10.57-6.164.07
PBIT / Share (Rs.) 23.52-14.57-12.11-7.312.82
PBT / Share (Rs.) 19.40-15.99-12.64-13.491.66
Net Profit / Share (Rs.) 29.86-15.94-12.95-13.771.62
NP After MI And SOA / Share (Rs.) 29.98-15.76-12.82-13.761.62
PBDIT Margin (%) 22.26-99.24-404.38-115.8127.75
PBIT Margin (%) 20.77-124.60-463.47-137.4119.26
PBT Margin (%) 17.12-136.73-483.80-253.4811.31
Net Profit Margin (%) 26.37-136.28-495.60-258.7611.02
NP After MI And SOA Margin (%) 26.47-134.76-490.52-258.5611.02
Return on Networth / Equity (%) 31.81-24.77-24.12-35.653.22
Return on Capital Employeed (%) 24.33-22.70-22.26-18.545.33
Return On Assets (%) 21.24-16.64-19.49-22.182.18
Long Term Debt / Equity (X) 0.000.000.010.000.00
Total Debt / Equity (X) 0.250.260.130.370.32
Asset Turnover Ratio (%) 0.960.150.040.070.17
Current Ratio (X) 2.482.384.161.741.90
Quick Ratio (X) 1.770.973.461.491.58
Inventory Turnover Ratio (X) 3.051.200.420.351.95
Interest Coverage Ratio (X) 6.11-8.19-19.89-2.343.49
Interest Coverage Ratio (Post Tax) (X) 8.23-10.24-23.37-2.882.39
Enterprise Value (Cr.) 1306.18942.85358.77186.0485.65
EV / Net Operating Revenue (X) 6.8848.1188.8127.974.67
EV / EBITDA (X) 30.91-48.47-21.96-24.1516.84
MarketCap / Net Operating Revenue (X) 6.8547.6894.2428.164.53
Price / BV (X) 8.248.774.633.881.32
Price / Net Operating Revenue (X) 6.8547.6994.2428.164.53
EarningsYield 0.03-0.02-0.05-0.090.02

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Kernex Microsystems (India) Ltd. is a Public Limited Listed company incorporated on 16/09/1991 and has its registered office in the State of Telangana, India. Company's Corporate Identification Number(CIN) is L30007TG1991PLC013211 and registration number is 013211. Currently Company is involved in the business activities of Installation of industrial machinery and equipment. Company's Total Operating Revenue is Rs. 189.65 Cr. and Equity Capital is Rs. 16.76 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Electric Equipment - GeneralPlot No.38 (part) to 41, Hyderabad Telangana 501510Contact not found
Management
NamePosition Held
Mr. Adabala Seshagiri RaoChairman & Ind.Director
Ms. Sreelakshmi ManthenaManaging Director
Mr. Sitarama Raju ManthenaWhole Time Director
Mr. Manthena Badari Narayana RajuWhole Time Director
Mr. Pasupuleti Dinakara RaoIndependent Director
Mr. Ayyagari Viswanadha SarmaIndependent Director
Dr. Anji Raju ManthenaDirector
Dr. Janardhana Reddy VintaDirector

FAQ

What is the intrinsic value of Kernex Microsystems (India) Ltd and is it undervalued?

As of 04 April 2026, Kernex Microsystems (India) Ltd's intrinsic value is ₹783.87, which is 18.01% lower than the current market price of ₹956.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (38.0 %), book value (₹103), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Kernex Microsystems (India) Ltd?

Kernex Microsystems (India) Ltd is trading at ₹956.00 as of 04 April 2026, with a FY2026-2027 high of ₹1,434 and low of ₹672. The stock is currently in the middle of its 52-week range. Market cap stands at ₹1,606 Cr..

How does Kernex Microsystems (India) Ltd's P/E ratio compare to its industry?

Kernex Microsystems (India) Ltd has a P/E ratio of 30.5, which is below the industry average of 61.18. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Kernex Microsystems (India) Ltd financially healthy?

Key indicators for Kernex Microsystems (India) Ltd: ROCE of 23.8 % indicates efficient capital utilization; ROE of 38.0 % shows strong shareholder returns. Dividend yield is 0.00 %.

Is Kernex Microsystems (India) Ltd profitable and how is the profit trend?

Kernex Microsystems (India) Ltd reported a net profit of ₹50 Cr in Mar 2025 on revenue of ₹190 Cr. Compared to ₹-17 Cr in Mar 2022, the net profit shows an improving trend.

Does Kernex Microsystems (India) Ltd pay dividends?

Kernex Microsystems (India) Ltd has a dividend yield of 0.00 % at the current price of ₹956.00. The company is currently not paying meaningful dividends.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Kernex Microsystems (India) Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
Explore Industry-wise Stock Analysis Reports