What we do Genus Power Infrastructures Ltd manufactures and supplies advanced smart metering solutions and services for power, gas, and water utilities, mainly in India. |
Founded in 1,992 |
Market share Leading Indian smart metering company with over 100 million meters installed and strong presence in AMISP projects. |
Problem solved Facilitates efficient energy measurement, real-time monitoring, and resource management through integrated smart meter technologies. |
Top clients or who we serve Power distribution companies (DISCOMs), utilities in power, gas, and water sectors; primarily B2B. |
Key management Mr. Rajendra Kumar Agarwal (Managing Director & CEO), Mr. Jitendra Kumar Agarwal (Joint Managing Director) |
Our journey and innovations Pioneered smart meters since 1992; launched India's first DLMS certified electronic meters; expanded to smart gas and water meters with advanced communication tech. |
Where we operate Primarily India with exports to Asia-Pacific and other global markets. |
Top products or what we offer Smart Single and Three-Phase Electricity Meters, Prepaid Meters, Smart Gas Meters, Smart Water Meters, AMISP turnkey solutions, Meter Data Management System (MDMS). |
Top brands - |
Raw materials needed Electronic components, semiconductor chips, plastic and metal for meter casings. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue highly recurring from multi-year AMISP contracts providing steady cash flows. |
Our industry position Market leader in smart metering with strong order book exceeding ₹30,100 crore, first mover in integrated AMISP solutions. |
Financial highlights FY 24-25 Revenue ₹2442 crore, PAT ₹311 crore, EBITDA margin 19.24%, with 103% growth in revenue year-on-year. |
Geographical revenue split ~89% India, ~11% Outside India. |
Order book Order book exceeds ₹30,109 crore, covering 8-10 year concessions mainly in India. |
Whats driving growth Government smart grid initiatives, digitalization of utilities, integrated AMISP contracts, advanced product launches. |
Our future plans Expand smart gas and water metering, enhance software offerings, and scale manufacturing capacity. |
Our green promise Reduced energy intensity by 41%, 17% electricity from renewables, eco-friendly manufacturing policies. |
Our people and values Diverse workforce with focus on innovation, inclusivity, and continuous development; robust CSR programs. |
Key challenges ahead Managing working capital amidst rapid scale-up, ensuring timely contract execution, navigating regulatory changes. |
Interesting facts First company in Asia Pacific to supply 1.5 million smart meters to EESL; operates integrated AMISP projects across India. |
Risks and strategy Mitigating supply chain and credit risks via backward integration and strong client contracts; leveraging technology edge for sustained growth. |
