Kernex Microsystems (India) Limited (BSE BOM: 532686, NSE: KERNEX) informed that the company has received an order worth Rs 109 crore from South Central Railways. The company has received this order for signaling and telecommunication works to provide an automated block signaling system in the Vemulapadu-Muddanuru section of the Guntakal division, and it will be completed within 600 days
After this news yesterday, its stock had hit an upper circuit of 5 percent and now when we are writing this article, it is currently trading for Rs 594.50 with a decline of 2.26%.
Cernex Microsystems manufactures, installs, and maintains anti-collision equipment, and conceives, designs, and develops railway safety and signaling systems. The market cap of the company is Rs 1000 crore and the promoters hold 31.60% shares of the company, out of which 8.77% stocks are pledged. FIIs hold 0.03% and the government holds 0.07%. The public’s stake in the company’s shares is 68.30%.
| Shareholding Pattern | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
| Promoters | 31.27% | 31.27% | 31.60% | 31.60% | 31.60% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% |
| Government | 0.08% | 0.08% | 0.07% | 0.07% | 0.07% |
| Public | 68.66% | 68.65% | 68.34% | 68.33% | 68.30% |
| No. of Shareholders | 13,024 | 13,091 | 13,094 | 13,791 | 14,660 |
The company had net sales of Rs 1.41 crore and a net loss of Rs 4.53 crore in Q2FY24. If we look at the company’s last year’s results, its net sales were Rs 4 crore and net loss was Rs 20 crore.
| Profit & Loss | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
| Sales | 8 | 15 | 18 | 7 | 4 | 5 |
| Expenses | 21 | 22 | 14 | 16 | 21 | 20 |
| Operating Profit | -13 | -7 | 4 | -9 | -17 | -15 |
| OPM % | -158% | -49% | 21% | -142% | -416% | -296% |
| Net Profit + | -21 | 3 | 2 | -17 | -20 | -18 |
| EPS in Rs | -17.06 | 2.74 | 1.62 | -13.76 | -12.82 | -11.38 |
This stock has given very attractive returns to its investors. Investors have earned excellent returns of 120% in the last 1 year, 1832% in the last 3 years, and 2595% in the last 4 years. If you had invested ₹10,000 in its shares 5 years ago, today the price of those shares would have been ₹2.5 Lakh
| Period | Growth | Returns on ₹10k | CAGR |
| 1 Year | 120% | ₹21 Thousand | 119.63% |
| 2 Years | 334% | ₹43 Thousand | 108.28% |
| 3 Years | 1832% | ₹1.9 Lakh | 168.31% |
| 4 Years | 2595% | ₹2.6 Lakh | 127.85% |
| 5 Years | 2462% | ₹2.5 Lakh | 91.29% |
| 6 Years | 1166% | ₹1.2 Lakh | 52.66% |
| 7 Years | 1341% | ₹1.4 Lakh | 46.40% |
| 8 Years | 1041% | ₹1.1 Lakh | 35.58% |
| 9 Years | 835% | ₹93 Thousand | 28.20% |
| 10 Years | 1132% | ₹1.2 Lakh | 28.54% |
| 11 Years | 659% | ₹75 Thousand | 20.23% |
| 12 Years | 829% | ₹92 Thousand | 20.42% |
| 13 Years | 252% | ₹35 Thousand | 10.17% |
| 14 Years | 278% | ₹37 Thousand | 9.97% |
| 15 Years | 687% | ₹78 Thousand | 14.74% |
| 16 Years | 93% | ₹19 Thousand | 4.20% |
| 17 Years | 271% | ₹37 Thousand | 8.02% |
| 18 Years | 111% | ₹21 Thousand | 4.23% |
| MAX | 89% | ₹18 Thousand | 3.60% |
The company’s stock has been rising continuously since 2020. You can see the stock’s year-after-year performance below.
| Year | Open | Close | Gain/ Fall |
| 2005 | ₹313.55 | ₹278.95 | -11.03% |
| 2006 | ₹277.05 | ₹140.18 | -49.40% |
| 2007 | ₹142.73 | ₹305.10 | 113.76% |
| 2008 | ₹320.35 | ₹70.70 | -77.93% |
| 2009 | ₹74.00 | ₹149.30 | 101.76% |
| 2010 | ₹156.75 | ₹161.95 | 3.32% |
| 2011 | ₹169.55 | ₹61.30 | -63.85% |
| 2012 | ₹62.65 | ₹75.80 | 20.99% |
| 2013 | ₹78.00 | ₹48.20 | -38.21% |
| 2014 | ₹48.65 | ₹60.50 | 24.36% |
| 2015 | ₹60.40 | ₹51.50 | -14.74% |
| 2016 | ₹52.15 | ₹38.60 | -25.98% |
| 2017 | ₹38.65 | ₹45.20 | 16.95% |
| 2018 | ₹46.50 | ₹23.90 | -48.60% |
| 2019 | ₹23.20 | ₹20.25 | -12.72% |
| 2020 | ₹21.15 | ₹27.90 | 31.91% |
| 2021 | ₹29.25 | ₹124.00 | 323.93% |
| 2022 | ₹130.20 | ₹280.00 | 115.05% |
| 2023 | ₹280.45 | ₹572.70 | 104.21% |
| 2024 | ₹580.00 | ₹593.00 | 2.24% |
Disclaimer: This article is for informational purposes only and should not be considered investment advice.