Kernex Microsystems (India) Ltd (KERNEX) — FY26 Annual Report | 8 September 2026

Kernex Microsystems (India) Ltd's FY2025-26 Annual Report filed on September 8, 2026, details governance updates including new director appointments like Srilakshmi Manthena as Managing Director effective May 23, 2025, and reappointments of Vinta Janardhan Reddy and Badari Narayana Raju Manthena following the 33rd AGM on September 29, 2025. The report confirms SEBI and Companies Act compliance, robust governance structures, and adherence to accounting standards. It highlights strategic focus on railway signaling projects like Kavach systems, with revenue recognition tied to project milestones. No dividends were declared, and internal financial controls were deemed effective by auditors. Key financial metrics show declining Net Profit Ratio and Trade Payables Turnover, while Return on Capital Employed improved. Arbitration provisions and recoverability of tax assets remain under review amid GST and contract uncertainties.