Genus Power Standalone December 2022 Net Sales at Rs 200.40 crore, up 2.31% Y-o-Y
14-03-2023
GENUS POWER INFRASTRUCTURES LTD.-$ - 530343 - Disclosure/Detail In Respect Of Incorporation Of A Step-Down Subsidiary Company
Disclosure/Detail In Respect Of Incorporation Of a Step-Down Subsidiary Company13-03-2023
GENUS POWER INFRASTRUCTURES LTD.-$ - 530343 - Disclosure/Detail In Respect Of Incorporation Of Wholly-Owned Subsidiary Company
Disclosure/Detail In Respect Of Incorporation Of Wholly-Owned Subsidiary Company13-03-2023
GENUS POWER INFRASTRUCTURES LTD.-$ - 530343 - Disclosure/Detail In Respect Of Incorporation Of Wholly-Owned Subsidiary Company
Disclosure/detail in respect of incorporation of wholly-owned subsidiary company by Genus Power Infrastructures Limited ('the Company'), pursuant to Regulation 30 of the SEBI (LODR) Regulations, 201506-03-2023
GENUS POWER INFRASTRUCTURES LTD.-$ - 530343 - Disclosure/Detail In Respect Of Incorporation Of Step-Down Subsidiary Company
Disclosure/detail in respect of incorporation of step-down subsidiary company, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201524-02-2023
GENUS POWER INFRASTRUCTURES LTD.-$ - 530343 - Disclosure/Detail In Respect Of Incorporation Of Step-Down Subsidiary Company
Disclosure/detail in respect of incorporation of step-down subsidiary company, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201520-02-2023
GENUS POWER INFRASTRUCTURES LTD.-$ - 530343 - Circulation Of Information To The Holders Of Physical Securities For Generating Awareness On Availability Of Dispute Resolution Mechanism At Stock Exchanges Against Listed Companies / Registrar To An Issue And Share Transfer Agents (Rtas)
Circulation of information to the holders of physical securities for generating awareness on availability of Dispute Resolution Mechanism at Stock Exchanges against Listed Companies / Registrar to an issue and Share Transfer Agents (RTAs)15-02-2023
GENUS POWER INFRASTRUCTURES LTD.-$ - 530343 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of Analysts/Institutional Investor Meet/Con. Call10-02-2023
GENUS POWER INFRASTRUCTURES LTD.-$ - 530343 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Recording of Conference Call.06-02-2023
Q3FY23 Quarterly Result Announced for Genus Power Infrastructures Ltd.
Genus Power Infrastructures announced Q3FY23 results: Q3FY23: Revenue stood at Rs 200.4 crore, up by 2.3%, as against Q3FY22 revenue of Rs 195.9 crore. Continued low availability of semiconductors and other critical electronic components hampered revenue expansion and lowered capacity utilization. We anticipate a sharp revenue rebound in FY24 on account of robust order book and healthy order inflow, and on the expectation that normalcy in the supply chain will be restored EBITDA stood at Rs 20.5 crore, as against Rs 20.9 crore of Q3FY22. Operating margins have remained subdued on account of higher raw material costs and lower capacity utilization Profit After Tax was up by 41.6% at Rs 11.6 crore for Q3FY23 against Rs 8.2 crore in Q3FY22. Commenting on the performance Mr. Jitendra Kumar Agarwal, Joint Managing Director, Genus Power Infrastructures said, “We have recently received a huge order inflow for installation of 29.49 lakh smart prepaid meters, which will give lot of visibility to our revenues for coming years. It also signals a strong start to order inflow for our industry. We anticipate a sharp revenue rebound in coming quarters on account of robust orderbook and healthy order inflow, and restoration of normalcy in the supply chain. In the current quarter, the supply chain issues for semiconductors continued to persist along with that of other essential electronic components. Inadequate capacity utilization led to subdued top-line growth and also had adverse impact on our operating margins. The implementation of the Revamped Distribution Sector Scheme (RDSS) will result in a radical transformation of the Indian metering industry, resulting in a projected multi-fold increase in annual industry size. This will also result in a shift in the Indian metering industry from conventional to smart meters, allowing for higher operating margins. The Indian metering industry will see strong order inflows, healthy topline growth, higher operating margins, and an improved working capital cycle beginning in FY24. Allocation to the Revamped Distribution Sector Scheme (RDSS) was doubled to Rs 12,000 crore in the 2023-24 Union Budget. The budget also ushered in a key measure for the financial health of states' distribution utilities by tying 0.5% of their deficit to power sector reforms, as an extension from last year. Continued fiscal support is an added incentive for the states to undertake power distribution reforms. These reforms will yield in the upgradation of the DISCOM network and metering, thereby curbing AT&C; losses. In comparison to conventional meters, the cost of smart meters can be anywhere from three to four times higher. In addition to that, they come packaged with a broad range of after-sales services. As a result of this, we anticipate a significant increase in revenue from smart meters, which typically have higher operating margins than traditional meters. All of this will, in the years to come, have the effect of reshaping the economic dynamics of the industry of smart meters in India. We build everything in-house, from conceptualization, design, tools room, molding machines, assembly lines, and test labs, so we can meet the highest industry standards. This is our most valuable USP because it allows us to customize products to meet our clients' metering needs in a timely and cost-effective manner. We have developed our service capabilities concurrently with our technological capabilities, as we offer end-to-end service solutions such as meter installation, meter maintenance, data analytics, MDM solutions, etc. This gives us a significant competitive advantage over our competitors. We have been in the electricity metering business for over two decades and currently have the largest market share in India, accounting for approximately 27%. We hope to re-establish our leadership position in the smart metering industry by building on our inherent strengths. As the largest player in the Indian metering sector, we are well positioned to benefit from the industry's multi-fold expansion.” Result PDF06-02-2023