Integrated Filing — IndAS



General information about company

Scrip Code 532686
NSE Symbol KERNEX
MSEI Symbol NOTLISTED
ISIN INE202H01019
Name of company Kernex Microsystems (India) Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 13-08-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 07-08-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment Safety Systems for Railways
Start date and time of board meeting 13-08-2026   09:45:00
End date and time of board meeting 13-08-2026   11:50:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
No such event occured



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 50,203.27 50,203.27
Other income 47.88 47.88
Total income 50,251.15 50,251.15
2 Expenses
(a) Cost of materials consumed 26,680.78 26,680.78
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (2,135.47) (2,135.47)
(d) Employee benefit expense 1,393.29 1,393.29
(e) Finance costs 1,322.49 1,322.49
(f) Depreciation, depletion and amortisation expense 194.41 194.41
(f) Other Expenses
1 Project Execution Expenses 4,019.13 4,019.13
2 Other Expenses 4,088.57 4,088.57
3 Amount Transferred to Capital Expenditure (98.34) (98.34)
Total other expenses 8,009.36 8,009.36
Total expenses 35,464.86 35,464.86
3 Total profit before exceptional items and tax 14,786.29 14,786.29
4 Exceptional items 0.00 0.00
5 Total profit before tax 14,786.29 14,786.29
6 Tax expense
7 Current tax 4,688.31 4,688.31
8 Deferred tax (859.17) (859.17)
9 Total tax expenses 3,829.14 3,829.14
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 10,957.15 10,957.15
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 10,957.15 10,957.15
17 Other comprehensive income net of taxes 0.00 0.00
18 Total Comprehensive Income for the period 10,957.15 10,957.15
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1,680.36 1,680.36
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 65.21 65.21
Diluted earnings (loss) per share from continuing operations 65.21 65.21
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 65.21 65.21
Diluted earnings (loss) per share from continuing and discontinued operations 65.21 65.21
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1.The Unaudited Standalone Financial Results for the quarter ended June 30, 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 13, 2026. The same have been subject to limited review by the statutory auditors in compliance with Regulation 52 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended.2.The Unaudited Standalone Financial Results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 Interim Financial Reporting (Ind AS 34), prescribed under section 133 of the Act, 2013 read with the relevant rules issued here under ('Ind AS') and other accounting principles generally accepted in India.3.The Company is engaged in the manufacture and sale of Safety Systems and Software services for railways. The Company has business operations mainly in India and Egypt . The Company is a public limited Company incorporated and domiciled in India and has its registered office at Plot No.38 (part) to 41, Survey No.1/1, Hardware Park, Raviryal Village, Maheswaram Mandal, Hyderabad - 501 510. The Company has its primary listings on the BSE Limited and National Stock Exchange in India. The principal accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. The company operates on one reportable segement, hence segment reporting as per Ind AS 108 is not applicable4.Emphasis of Matter – Management's Assessment of Certain Financial Assets The Statutory Auditors have included an Emphasis of Matter in their audit report regarding the Company’s assessment of the recoverability of certain financial assets, as detailed below. The Management, based on internal evaluation and reasonable certainty of recovery, believes these assets are good and fully recoverable. Accordingly, no further provision is considered necessary at this stage: (a) Trade receivables from customers amount to Rs.422.73 lakhs (Previous Year: Rs.422.73 lakhs), with an Expected Credit Loss (ECL) provision of Rs.334.59 lakhs for the current quarter (Previous Year: Rs. 309.59 lakhs). These receivables have been outstanding for more than three years. (b) (b) Bank guarantees amounting to Rs.265.03 lakhs given to one of the customers are currently under arbitration/conciliation proceedings 5.During the quarter, the company has allotted 1,200 equity shares of Rs. 10 each fully paid-up, on exercise of stock options by employees in accordance with the company's stock option scheme. 6.As at the reporting date, the Company's aggregate outstanding order book is Rs. 3641 Crores (Including GST), with CLW being the major order under execution against which supplies have been completed to the extent of 45% as on date of 13-08-2026.7.During this Quarter , the Company has recognised a provision of Rs.30.05 Crore towards warranty obligations on KAVACH and signalling systems delivered under its railway safety contracts and this amount is included under Other Expenses. 8.The figures for the corresponding previous periods have been regrouped/ reclassified wherever necessary, to make them comparable 9.The above Financial Results for the quarter ended June 30, 2026, are available on the company's website and stock exchanges websites BSE (www.bseindia.com) and NSE (www.nseindia.com),in compliance with SEBI LODR Regulations.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 0.00 0.00