Latest news with #GenusPower
Economic Times
16-06-2025
- Business
- Economic Times
I-Sec downgrades Genus Power Infrastructures to Add, target price Rs 440
ICICI Securities has downgraded Genus Power Infrastructures from Buy to Add with a revised target price of Rs 440 (Earlier Rs 376). The current market price of Genus Power Infrastructures is Rs 376.45. Genus Power, incorporated in 1992, is a Small Cap company with a market cap of Rs 11708.83 crore, operating in Electric /Electronics sector. ADVERTISEMENT Genus Power's key products/revenue segments include Electronic Energy Meters, Other Services, Other Operating Revenue, Export Incentives, Income From Contracts and Scrap for the year ending 31-Mar-2024. Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 957.55 crore, up 55.18% from last quarter Total Income of Rs 617.06 crore and up 119.74 % from last year same quarter Total Income of Rs 435.76 crore. The company has reported net profit after tax of Rs 119.02 crore in the latest quarter. The company's top management includes Chand Agarwal, Mansukh Patel, Prakash, Chandra Garg, Chavaly, Mario Torpy, Kumar Agarwal, Kumar Agarwal, Chandra Agarwal, Gupta. Company has Kapoor Patni & Associates as its auditors. As on 31-03-2025, the company has a total of 30 crore shares outstanding. Investment Rationale Given the recent run-up in the stock price, ICICI Securities has downgraded its rating on the stock to ADD, from Buy, with a revised target price of Rs 440/share (Rs 376 earlier), valuing the stock at 25x FY27E PAT. Promoter/FII Holdings Promoters held 39.38 per cent stake in the company as of 31-Mar-2025, while FIIs owned 22.38 per cent, DIIs 3.3 per cent. (You can now subscribe to our ETMarkets WhatsApp channel) Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of Please consult your financial adviser before taking any position in the stock/s mentioned.
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Business Standard
13-06-2025
- Business
- Business Standard
Genus Power shares drop 4% on reports of block deal being called off
Shares of Genus Power Infrastructure fell nearly 4 per cent on Friday's intraday trade on reports that the proposed stake sale worth ₹650 crore was called off. The electrical equipment maker's stock fell as much as 3.92 per cent during the day to ₹369.9 per share, the steepest intraday fall since June 3 this year. The stock pared losses to trade 3 per cent lower at ₹373.9 apiece, compared to a 0.83 per cent decline in Nifty 50 as of 11:32 AM. Shares of the company extended gains to their second day, and have fallen by over 13 per cent from their recent highs of ₹430, which it hit earlier this month. The counter has fallen 2.5 per cent this year, compared to a 4.4 per cent advance in the benchmark Nifty 50. Genus Power has a total market capitalisation of ₹11,410.98 crore, according to BSE data. Track LIVE Stock Market Updates Here Genus Power block deal called off According to Bloomberg, Chiswick Investment, an affiliate of Singapore's sovereign wealth fund GIC, was seeking to offload about ₹650 crore in shares via block deals. It offered 11.1 million shares, with an overallotment option of 6.9 million shares, with the floor price set at ₹360 per equity share, a 6.5 per cent discount to Thursday's close, according to the term sheet viewed by the news agency. Chiswick Investment had about a 15.13 per cent stake in the company as of March 2025, according to BSE data. Genus Power Q4 results The company reported a Profit After Tax (PAT) of ₹129.3 crore for Q4FY25, marking a more than fourfold increase from ₹31.4 crore in Q4FY24. The sharp rise reflects the company's ability to effectively convert operational gains into bottom-line performance, Genus Power said, in a statement. Revenue for the quarter stood at ₹936.8 crore, up 123 per cent year-on-year (Y-o-Y) from ₹420.1 crore, driven by rapid progress in its ongoing smart metering projects. About Genus Power Genus Power Infrastructures, established in 1995, is among India's leading players in the electricity metering solutions industry. The company holds a market leadership position across various types of meters and has developed advanced smart metering solutions through its in-house research and development (R&D) capabilities.
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Business Standard
13-06-2025
- Business
- Business Standard
Stocks to Watch Today, June 13: OMCs, IndiGo, Genus Power, Dixon, Autos
Stocks to Watch Today, Friday, June 13, 2025: Indian stock markets are looking to open lower on Friday, June 13. Investor sentiment took a hit this morning after Israel launched air strikes against Iran, potentially hitting the country's nuclear facilities. According to reports, US President Donald Trump was informed ahead of Israel's plans ahead of the strikes, but the United States did not participate in the military operation. At 8:00 AM, GIFT Nifty was trading 257 points lower at 24,680 level. Catch Stock Market LIVE Updates Today LIVE Meanwhile, here is a list of stocks to watch today: Oil stocks: Brent crude and US WTI crude futures soared 11 per cent each on Friday after Israel launched a series of airstrikes against Iran's nuclear facilities this morning. Brent crude is at $76.8/barrel, while US WTI is at $75.5/barrel. Sectors using oil as one of the key inputs, such as oil marketing companies, aviation, tyres, paints, etc will be on radar today. Genus Power share price: According to reports, Chiswick Investment Pte. could sell 3.6 per cent stake in Genus Power Infrastructures via block deals. The affiliate of Singapore sovereign wealth fund has an option to increase the sale by an additional 2.28 per cent. The floor price has been set at ₹360 per share. Auto Stocks: US President Donald Trump, said on Thursday, that he may raise auto tariffs very soon and "in not so distant future" in a bid to spur domestic manufacturing. The Trump administration already levies 25 per cent tariffs on imported automobiles. Dixon Technologies share price: The company has entered into a binding term sheet to form a 50:50 joint venture with Signify Innovations India to manufacture lighting products and accessories as an original equipment manufacturer (OEM). The JV aims to enhance execution quality and strengthen Dixon's position in the lighting ecosystem. Canara Bank share price: The company will raise capital worth ₹9,500 crore via debt instruments in FY26. Torrent Power share price: The company's subsidiary, Torrent Green Energy, has won two Letter of Awards to build 300 Mw wind power projects under SECI's Tranche XVIII at ₹3.97/unit tariff. The ₹2,650??'crore project boosts its renewables pipeline to 3.3 Gw. NBCC share price: NBCC (India) Limited has been awarded work orders for the construction of Navodaya Vidyalaya Samiti in four states, including Arunachal Pradesh, Manipur, and Assam. The total order costs ₹518.5 crore. Jubilant Pharmova share price: The company has approved to sell and transfer its active pharmaceutical ingredient (API) business to its wholly-owned subsidiary, Jubilant Biosys Ltd, on a slump sale basis. Crompton Greaves Consumer Electricals share price: The company has secured a Letter of Award from Maharashtra Energy Development Agency (MEDA) to supply and install 4,500 off??'grid solar pumping systems in Maharashtra. This ₹100.68-crore order expands Crompton's presence in rural electrification. DCM Shriram share price: The Board of Directors, on Thursday, approved to acquire 100 per cent equity share capital of Hindusthan Specialty Chemicals for ₹375 crore, marking a strategic entry into the epoxy and advanced-materials segment. The deal, subject to regulatory approvals, is expected to close by September 2025. Capri Global share price: The companyy has raised ₹2,000 crore through its QIP, issuing 136.5 million shares at ₹146.5 each, to fund expansion and technology upgrades. Some of the notable QIB investors include Quant Mutual Fund, 3P Investment, BlackRock, Think Investments, Allspring Global Investments, ICICI Prudential Life Insurance, HDFC Life Insurance, ICICI Lombard General Insurance, SBI General Insurance, HDFC Ergo General Insurance, TATA AIF, and MK Ventures Capital among others. Udaipur Cement Works share price: The Jaipur bench of NCLT has approved the Scheme of Amalgamation and Arrangement between Udaipur Cement Works, Hansdeep Industries & Trading Company, and Hidrive Developers and Industries with JK Lakshmi Cement. This consolidation is likely to simplify group structure and improve operational efficiency. Talbros Automotive Component share price:
Mint
03-06-2025
- Business
- Mint
From ₹15 to ₹419: This small-cap stock turned ₹1 lakh into ₹28 lakh in 5 years. Did you invest?
Multibagger small-cap stock in focus: Genus Power Infrastructures, one of the largest players in India's electricity metering solutions industry, has delivered handsome returns to its shareholders in recent years, multiplying their wealth as the stock price on Dalal Street has maintained a steady upward trajectory over the past five years, emerging as one of the biggest wealth creators. The shares displayed a strong recovery after notable pullbacks and managed to recoup losses in the following months, as a growing order book and improving fundamentals continued to attract investor interest in the company. The company, which is engaged in manufacturing and providing metering and metering solutions, has seen its share price skyrocket from ₹ 15 to the current trading price of ₹ 419, resulting in a massive surge of 2,700% in just five years. If an investor had invested ₹ 1 lakh during that period and held the position to date, the investment would have grown to ₹ 28 lakh. The stock underwent a three-month correction after hitting a new all-time high of ₹ 485 in December 2025 but regained strength in April and gained further momentum in May, ending the month with a 40% rise. It also kicked off June with a 6% gain, as investors cheered the company's better-than-expected March quarter results and its expanding order book, positioning Genus Power as one of the key beneficiaries of the ongoing smart meter rollout. GPIL is poised to become one of the largest beneficiaries of the ongoing smart meter installation drive under the ₹ 3 trillion Revamped Distribution Sector Scheme (RDSS). As of 31st March 2025, its total order book stands at approximately ₹ 30,110 crore (net of taxes), providing strong visibility into future revenue growth. Notably, the order book is over twice the company's market capitalization. The RDSS aims to replace conventional meters and structurally transform the financial dynamics of the power sector. GPIL, the largest listed smart electricity meter company in India, offers end-to-end services, including the implementation of Advanced Metering Infrastructure (AMI) and Facility Management Services (FMS) post-deployment. In Q4FY25, the company reported revenue from operations of ₹ 937 crore, marking a growth of 123% year-on-year and 55% sequentially. This strong performance, according to the company, was driven by the continued ramp-up in project execution and increased offtake of smart meters. EBITDA for the quarter surged to ₹ 208 crore, up 276% year-on-year, with a sharp margin expansion of 905 basis points to 22.3%, supported by operating leverage and disciplined cost control. On the bottom line, net profit jumped 312% YoY to ₹ 129 crore from ₹ 31.4 crore. For the full year FY25, the company delivered revenue of ₹ 2,442 crore, more than doubling from ₹ 1,201 crore in the previous year. Net profit also rose significantly by 247% to ₹ 470 crore. The company noted that its working capital position experienced temporary elongation during the execution ramp-up phase but expects it to progressively normalize as project lifecycles mature and monthly OpEx-based payments stabilize. Additionally, the company highlighted that its strategic backward integration into software solutions such as Meter Data Management (MDM) and Head-End Systems (HES) enables better operational control and enhances long-term operating leverage. During the March quarter, retail shareholders marginally increased their stake in the company to 34.5% from 34.3% in the December quarter. Mutual funds maintained a stable holding at 3.8%, while foreign institutional investors (FIIs) trimmed their stake to 22.4% from 22.8% in Q3FY25. The promoter holding in the company remained unchanged at 39.4%.
Mint
03-06-2025
- Business
- Mint
From ₹15 to ₹419: This small-cap stock turned ₹1 lakh into ₹28 lakh in 5 years. Did you invest?
Multibagger small-cap stock in focus: Genus Power Infrastructures, one of the largest players in India's electricity metering solutions industry, has delivered handsome returns to its shareholders in recent years, multiplying their wealth as the stock price on Dalal Street has maintained a steady upward trajectory over the past five years, emerging as one of the biggest wealth creators. The shares displayed a strong recovery after notable pullbacks and managed to recoup losses in the following months, as a growing order book and improving fundamentals continued to attract investor interest in the company. The company, which is engaged in manufacturing and providing metering and metering solutions, has seen its share price skyrocket from ₹ 15 to the current trading price of ₹ 419, resulting in a massive surge of 2,700% in just five years. If an investor had invested ₹ 1 lakh during that period and held the position to date, the investment would have grown to ₹ 28 lakh. The stock underwent a three-month correction after hitting a new all-time high of ₹ 485 in December 2025 but regained strength in April and gained further momentum in May, ending the month with a 40% rise. It also kicked off June with a 6% gain, as investors cheered the company's better-than-expected March quarter results and its expanding order book, positioning Genus Power as one of the key beneficiaries of the ongoing smart meter rollout. GPIL is poised to become one of the largest beneficiaries of the ongoing smart meter installation drive under the ₹ 3 trillion Revamped Distribution Sector Scheme (RDSS). As of 31st March 2025, its total order book stands at approximately ₹ 30,110 crore (net of taxes), providing strong visibility into future revenue growth. Notably, the order book is over twice the company's market capitalization. The RDSS aims to replace conventional meters and structurally transform the financial dynamics of the power sector. GPIL, the largest listed smart electricity meter company in India, offers end-to-end services, including the implementation of Advanced Metering Infrastructure (AMI) and Facility Management Services (FMS) post-deployment. In Q4FY25, the company reported revenue from operations of ₹ 937 crore, marking a growth of 123% year-on-year and 55% sequentially. This strong performance, according to the company, was driven by the continued ramp-up in project execution and increased offtake of smart meters. EBITDA for the quarter surged to ₹ 208 crore, up 276% year-on-year, with a sharp margin expansion of 905 basis points to 22.3%, supported by operating leverage and disciplined cost control. On the bottom line, net profit jumped 312% YoY to ₹ 129 crore from ₹ 31.4 crore. For the full year FY25, the company delivered revenue of ₹ 2,442 crore, more than doubling from ₹ 1,201 crore in the previous year. Net profit also rose significantly by 247% to ₹ 470 crore. The company noted that its working capital position experienced temporary elongation during the execution ramp-up phase but expects it to progressively normalize as project lifecycles mature and monthly OpEx-based payments stabilize. Additionally, the company highlighted that its strategic backward integration into software solutions such as Meter Data Management (MDM) and Head-End Systems (HES) enables better operational control and enhances long-term operating leverage. During the March quarter, retail shareholders marginally increased their stake in the company to 34.5% from 34.3% in the December quarter. Mutual funds maintained a stable holding at 3.8%, while foreign institutional investors (FIIs) trimmed their stake to 22.4% from 22.8% in Q3FY25. The promoter holding in the company remained unchanged at 39.4%. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
