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Genus Power Sustains Revenue Guidance and Anticipates Robust Order Inflows
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Moneycontrol•06-10-2026, 14:14
Genus Power Sustains Revenue Guidance and Anticipates Robust Order Inflows
- •Genus Power maintains its revenue guidance of Rs 6,000 to Rs 6,500 crore for the current financial year with an 18 percent margin target.
- •The smart metering company reported a massive order book of Rs 24,000 crore as of June 30.
- •Strong order inflows are expected over the next six to 12 months as states like Kerala, Tamil Nadu, Haryana and Punjab release new tenders.
- •The company has invested nearly Rs 550 crore in its platform partnership with GIC and expects further investments of Rs 600-650 crore.
- •Smart-meter installations continue steadily across the country, with Uttar Pradesh seeing 10,000 to 15,000 installations daily.
Key Questions Answered
Genus Power is maintaining its revenue guidance between Rs 6,000 and Rs 6,500 crore for the current financial year, alongside an 18 percent margin target and a goal of one crore meter installations.
Genus Power has invested nearly Rs 550 crore in the platform partnership with GIC to date and anticipates investing an additional Rs 600 to Rs 650 crore based on its current order book.
Genus Power expects strong order inflows over the next six to 12 months as states including Kerala, Tamil Nadu, Haryana, and Punjab roll out new tenders.
