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Genus Power Reaffirms Up To Rs 6500 Crore Revenue Guidance
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CNBC TV18•06-10-2026, 13:51
Genus Power Reaffirms Up To Rs 6500 Crore Revenue Guidance
- •Genus Power Infrastructures maintains its revenue guidance of Rs 6,000 crore to Rs 6,500 crore for the financial year 2027.
- •The company is backed by a robust order book of Rs 24,000 crore as of June 30 and aims to complete one crore metre installations this year.
- •Management anticipates strong order inflows over the next six to 12 months with new tenders expected from states like Keralam, Tamil Nadu, Haryana and Punjab.
- •Joint MD Jitendra Kumar Agarwal dismissed consumer pushback reports as isolated events, highlighting steady nationwide rollouts.
- •The joint venture platform with GIC has invested Rs 550 crore to date, with plans to deploy an additional Rs 600 crore to Rs 650 crore.
Key Questions Answered
Genus Power Infrastructures has reaffirmed its revenue guidance of ₹6,000 crore to ₹6,500 crore for the financial year 2027 while maintaining an 18% margin target.
Order inflows are anticipated to remain strong over the next 6 to 12 months as states including Keralam, Tamil Nadu, Haryana, and Punjab issue new tenders.
Genus Power has invested ₹550 crore to date in its joint venture platform with GIC, with plans to deploy an additional ₹600 crore to ₹650 crore to execute its current order book of 3.61 crore meters.
