Genus Power Infrastructures Limited — Investor Meet, 06-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Genus Power reported Q4 revenue of INR937 Cr, up 123% YoY and 55% QoQ, led by smart meter projects. EBITDA jumped 276% YoY to INR208 Cr (22.3% margin), and PAT more than quadrupled to INR129 Cr. FY25 revenue doubled to INR2,442 Cr; EBITDA rose 247% to INR470 Cr (19.2% margin); PAT grew nearly 4x to INR298 Cr. The INR30,110 Cr order book provides long-term visibility, with new tenders picking up, especially in Southern states. Capacity increased from 10M to 15M meters. FY26 targets INR4,000 Cr revenue (+60% YoY) with 18% EBITDA margin, backed by execution confidence. Export and non-electric meter pilots underway, with meaningful revenue expected in 2-3 years. Working capital will improve gradually; net debt-to-equity around 0.5-0.6. The company holds a ~27% market share and anticipates strong, sustainable growth despite sector risks.