Rs 2,124.16 Crore Order Book: Railway Kavach company receives order worth Rs 21,03,00,000 from Southern Railways
DSIJ Intelligence-1 / 24 Jul 2025/ Categories: Multibaggers, Trending

The stock gave multibagger returns of over 100 per cent from its 52-week low, 350 per cent in 3 years and a whopping 5,500 per cent in 5 years.
Kernex Microsystems (India) Ltd., as part of the KERNEX-VRRC JV, has secured a domestic Letter of Acceptance (LOA) from South Central Railway for the upgradation of Kavach Version 3.2 to 4.0. This project, valued at Rs 21.03 crore (including 18 per cent GST), will cover the Sadashivpet Road (excluding) - Bidar - Parli Vaijnath - Parbhani (excluding) section. The work is slated for completion within 24 months from the LOA date, signifying a crucial step in enhancing railway safety infrastructure.
About the Company
Kernex Microsystems (India) Ltd, established in 1991, is a leading provider of safety systems and software services for the railway industry. The company, an ISO 9001:2015 certified export-oriented unit, specialises in delivering turnkey electronic systems and technical support. Their product and service offerings encompass a wide range of solutions, including anti-collision devices, train collision avoidance systems, automatic level crossing gates, signalling systems, headway improvement technologies, and water management solutions. Kernex Microsystems leverages its expertise in wireless front-end, satellite communication, embedded systems, signal processing, network management, and software development to provide innovative and reliable solutions to the railway industry.
DSIJ’s 'Tiny Treasure' service recommends researched Small-Cap stocks with Inherent Growth Potential. If this interests you, download the service details here.
In its Quarterly Results, the net sales increased by 822 per cent to Rs 83 crore in Q4FY25 compared to Q4FY24. The company reported a turnaround net profit of Rs 33 crore in Q4FY25 compared to a net loss of Rs 13 crore in Q4FY24, an increase of 354 per cent. In its annual results, the net sales increased by 850 per cent to Rs 190 crore in FY25 compared to FY24. The company reported a turnaround net profit of Rs 50 crore in FY25 compared to a net loss of Rs 27 crore in FY24, an increase of 285 per cent.
The company has a market cap of over Rs 1,700 crore and its order book as of March 31, 2025, stands at Rs 2,124.16 crore. According to the shareholding of the company, the promoters own 28.97 per cent stake, FIIs own 0.52 per cent stake, DIIs own 1.11 per cent stake, the Government own 0.06 per cent stake and the rest of the stake is owned by the public i.e., 69.34 per cent. The stock gave multibagger returns of over 100 per cent from its 52-week low, 350 per cent in 3 years and a whopping 5,500 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.