Kernex Microsystems (India) (KERNEX) — Announcement

📢 Key Event
Kernex updates CLW-II order progress and new diversification order

🔄 What Changed
Updated dispatch schedule and warranty provision methodology

🔮 What's Next
Full dispatch completion by November 2026; installation by 5 February 2027

💡 Investor Takeaway
Shareholders should note execution progress on key orders and new diversification revenue potential.

⚠️ Risks
Forward-looking statements may differ materially from actual results

Kernex Microsystems (India) Limited announced an update on its CLW-II order from Chittaranjan Locomotive Works, confirming 1,360 units supplied as of 13 August 2026, with 175 units in pre-dispatch and 1,025 units approximately 95% complete for dispatch in September and October 2026, targeting full completion by November 2026 and installation by 5 February 2027. The company also disclosed a Rs 18.90 crore order in other verticals and reiterated its four-year warranty provision under Ind AS 37, with future AMC revenue expected at 3% of capital cost annually for 11 years. The filing emphasizes execution certainty and contractual obligations without new financial guidance.

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About Kernex Microsystems (India) Limited (KERNEX)

Capital Goods · Electronics · Listed on NSE

Market Cap: ₹3,033.47 Cr P/E: 15.9 ROE: 120.8% ROCE: 148.5%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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