About Kardex Group
Kardex Group is a company based in Zurich (Switzerland) founded in 1898. The company has 2,680 employees. Kardex Group has completed 2 acquisitions, including MLOG Logistics and Rocket Solution. Kardex Group offers products and services including Vertical Lift Module, AutoStore Solutions, and Intuitive Picking Assistant. Kardex Group operates in a competitive market with competitors including GreyOrange, Third Wave Automation, Agility Robotics, Kindred and Symbotic, among others.
- Headquarter Zurich, Switzerland
- Employees 2,680
- Stage Public
- SectorsTransportation, Automotive & LogisticsIndustrial Goods & Manufacturing Technology
- Email••••••••
- Phone•••• ••••
- Website kardex.com/en
- Social LinkedIn YouTube
- Legal Name Kardex Holding Ag
- Annual Revenue₹57.26 Cr
FY 2025 · -8% YoY
- Net Profit₹6.04 Cr
FY 2025 · 11% margin
- EBITDA₹8.24 Cr
FY 2025 · 14% margin
- Employee Count2,680
- Investments & AcquisitionsMLOG Logistics
& 1 more
Associated legal entities of Kardex Group
Kardex Group operates through Kardex India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kardex India Private Limited CIN U90001KA2008PTC048350 | Active | 20 Nov 2008 | Bangalore, Karnataka | ₹57.3 Cr | 28 | 3 | View details |
Products & Services of Kardex Group
Kardex Group offers a comprehensive portfolio of products and services, including Vertical Lift Module, AutoStore Solutions, and Intuitive Picking Assistant.
Enclosed system for compact, high-capacity storage and retrieval.
Scalable robotic system for efficient order fulfillment.
Enhances productivity in picking processes for warehouses.
Apps and channels of Kardex Group
its YouTube channel Kardex has 3.6K subscribers and 30 videos.
Videos from Kardex Group
The most watched videos on Kardex Group's YouTube channel, Kardex (3.6K subscribers). Click a video to play it here.
More on Kardex.
Board of directors of Kardex India Private Limited (Kardex Group)
Kardex India Private Limited is the primary company behind Kardex Group. The board of Kardex India Private Limited currently have 3 directors; the longest-serving is Balegara Krishnamurthy Aswathnarayan, appointed in 2017. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Balegara Krishnamurthy Aswathnarayan DIN 02378334 | Whole-time director | 01 Feb 2017 | 9 yrs 8 mo | Kardex India Private Limited |
| Salil Kumar DIN 06774629 | Managing Director | 23 Dec 2021 | 4 yrs 9 mo | Kardex India Private Limited |
| Beng Hong Lim DIN 02547659 | Director | 01 Apr 2024 | 2 yrs 6 mo | Kardex India Private Limited |
People of Kardex Group
191 people are tracked at Kardex Group (77 in leadership, 7 in board & advisors, 107 in team); the tracked headcount is 2,680.
| Name | Role | Group |
|---|---|---|
Igor Scheludkow | Regional People And Culture Director Europe East | Leadership |
Martin Thumm | Regional Human Resources Director | Leadership |
Urs Siegenthaler | Head of Division Kardex Remstar | Leadership |
Felix Bondarenko | Director For Development Excellence | Leadership |
David Ramos | Regional Director Life Cycle Service Europe West | Leadership |
Alfredo Sabatino | Director Life Cycle Service | Leadership |
Gabriel Meier | Regional Director Marketing & Communication | Leadership |
Francesco Chiaramonte | Director Life Cycle Services | Leadership |
Norbert Knöbl | Director Finance & Administration At/si/hu/ro - Managing Director | Leadership |
Bruce Gonzales | Regional Business Director | Leadership |
Bruno Skraber | Director New Business | Leadership |
Pim de Vrind | Managing Director Kardex Remstar Benelux | Leadership |
Karl Desouza | Regional Director New Business - North East Europe | Leadership |
Jeffrey Cha | Regional Director - Life Cycle Service Asia Pacific | Leadership |
Jens Hardenacke | CEO | Leadership |
Thomas Reist | CFO | Leadership |
Rene Blum | Regional Director Finance & Administration, CEEU | Leadership |
Sebastian Betz | Regional Director Human Resources | Leadership |
Maurizio Carraro | Managing Director & Director New Business | Leadership |
Mark Dunaway | President - North America | Leadership |
171 more people are available in the full profile.
Complete people profiles for Kardex Group
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IPO & Listings of Kardex Group
Kardex Group is a publicly listed company on the SIX with ticker symbol KARN in Switzerland, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date23 Apr 2009
- Listed onSWX: KARN
- Listed entityKardex Holding AG
- Exchange sectorElectronic technology
- ISINCH0100837282
- Share price276.00 CHF (-1.08% on the day) · 2026-05-11
- Market capitalisation2,151,212,804.00 CHF
- Price to earnings54.4
- EPS (diluted, trailing year)5.07 CHF
- Dividend yield2.15%
- Volume (last session)1,397
- Analyst consensusStrong buy
Financials of Kardex Group
Figures of Kardex India Private Limited, the primary company behind Kardex Group, for FY 2025. Revenue was ₹57.26 Cr (-8% year on year). Net profit was ₹6.04 Cr (11% margin). EBITDA was ₹8.24 Cr (14% margin). Revenue has grown at a compounded annual rate of +21% over three years and +29% over five years.
- ₹57.26 CrRevenue · FY 2025 · -8% YoY
- ₹6.04 CrNet profit · 11% margin
- ₹8.24 CrEBITDA · 14% margin
- ₹2.61 CrPaid-up capital
- 28Employees (provident fund records)
- +21%Revenue CAGR, 3 years
- +29%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 796.3M CHF | 39.0M CHF | 103.5M CHF |
| 2024 | 752.4M CHF | 76.9M CHF | 106.7M CHF |
| 2023 | 682.1M CHF | 64.7M CHF | 96.7M CHF |
| 2022 | 566.8M CHF | 37.9M CHF | 65.2M CHF |
| 2021 | 491.6M CHF | 47.4M CHF | 71.4M CHF |
Balance sheet, profit and loss, cash flow and ratios of Kardex India Private Limited are on its company page.
Detailed financial statements for Kardex Group
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Investments & Acquisitions by Kardex Group
Kardex Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include MLOG Logistics and Rocket Solution.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Innovative intralogistics solutions for automated small parts storage are provided. | rocketsolution.de | Unterhaching, Germany | 2019 | Dec 2025 | •••• | |
Freight forwarding and logistics transportation services are provided internationally. | mlog-logistics.de | Neuenstadt Am Kocher, Germany | 2011 | Jun 2010 | •••• |
Complete acquisition details for Kardex Group
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Timeline of Kardex Group
4 dated milestones of Kardex Group across 127 years, from founding to its latest funding, stage changes and deals.
- Founded Kardex Group is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires MLOG Logistics.
- Acquisition Acquires Rocket Solution.
Competitors of Kardex Group
Kardex Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GreyOrange, Third Wave Automation, Agility Robotics, Kindred and Symbotic, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| greyorange.com | 2012 | Roswell, United States | $545.23M | – | AI and SaaS-based robots for warehouse automation are provided. | |
| thirdwave.ai | 2018 | Union, United States | $82M | – | AI and cloud-driven automation is delivered for warehouse material handling. | |
| agilityrobotics.com | 2015 | Albany, United States | $178M | 225 | Bipedal robots are developed for locomotion, navigation, and manipulation applications. | |
| kindred.ai | 2014 | San Francisco, United States | $28M | 5 | Provider of a pick and place robot for e-commerce applications | |
| symbotic.com | 2007 | Wilmington, United States | – | 668 | Warehouse automation solutions are developed using AI and robotics technology. | |
| locusrobotics.com | 2014 | Wilmington, United States | $438.45M | 375 | Automated robotic solutions are provided for warehouse operations. | |
| jdl.com | 2007 | Beijing, China | $2.5B | – | Warehouse automation tools and last-mile transportation solutions are provided. | |
| gxo.com | 1995 | Greenwich, United States | – | 22,424 | AI-enabled warehouse automation solutions are provided for material handling. | |
| vecnarobotics.com | 2018 | Cambridge, United States | $193M | 138 | Robotic solutions for workflow automation are developed across industries. |
Detailed competitors of Kardex Group
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Web traffic of Kardex Group
The website of Kardex Group (kardex.com) receives about 153.2K visits a month.
- Monthly visits153.2K
▲ 6.7% vs previous month
Websites whose visitors overlap most with Kardex Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| autostoresystem.com | 100% | 122.1K | #302,658 | View details | |
kardex-remstar.de | kardex-remstar.de | 100% | – | – | – |
| universal-robots.com | 96% | 304.6K | #141,588 | View details | |
| mobile-industrial-robots.com | 96% | 58.7K | #556,864 | View details | |
| alegra.com | 91% | 3.2M | #11,522 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 19 similar websites and full traffic analytics for Kardex Group
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Latest news on Kardex Group
Complete news archive for Kardex Group
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Similar companies to Kardex Group
10 companies that operate in the same segment as Kardex Group (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Frequently Asked Questions about Kardex Group
Kardex Group was founded in 1898.
Kardex Group is headquartered in Zurich, Switzerland.
Kardex Group has 2,680 employees.
The primary company behind Kardex Group, Kardex India Private Limited, reported revenue of ₹57.26 Cr for FY 2025, down 8% year on year.
Founded in 1898 and headquartered in Zurich, Switzerland, Kardex Group operates in the automated storage and material handling sector. Systems including automated storage and retrieval (ASRS) units, conveyor setups, and control interfaces are developed, manufactured, and distributed. Manual storage racks for office applications are also provided to support diverse inventory needs across industrial and commercial environments.
Kardex Group's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.
Kardex Group offers Vertical Lift Module, AutoStore Solutions, and Intuitive Picking Assistant.
Yes, Kardex Group is publicly traded on SIX under the ticker symbol KARN.
Kardex Group has made 2 acquisitions, including MLOG Logistics, and Rocket Solution.
Kardex Group operates through Kardex India Private Limited.
The legal entities of Kardex Group currently have 3 directors, including Balegara Krishnamurthy Aswathnarayan, Salil Kumar, Beng Hong Lim.
The website of Kardex Group receives about 153 thousand visits a month.