GENUS POWER INFRASTRUCTURES LTD.-$ - 530343 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Genus Power Infrastructures Limited has informed the Exchange about Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended December 31, 2022. GENUS POWER INFRASTRUCTURES LTD.-$ - 530343 - Closure of Trading Window
Intimation of Closure of Trading Window for the Company's Designated Persons and their immediate relatives. GENUS POWER INFRASTRUCTURES LTD.-$ - 530343 - Announcement under Regulation 30 (LODR)-Credit Rating
This is to inform that India Ratings and Research (Ind-Ra) has affirmed Genus Power Infrastructures Ltd's (GPIL) Long-Term Issuer Rating at 'IND A+'. The Outlook is Stable. GENUS POWER INFRASTRUCTURES LTD.-$ - 530343 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of Analysts/Institutional Investor Meet/Con. Call Q2FY23 Quarterly Result Announced for Genus Power Infrastructures Ltd.
Genus Power Infrastructures announced Q2FY23 results: Q2FY23: Revenue stood at Rs 218.6 crore, up by 23%, as against Q2FY22 revenue of Rs 177.8 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 H2FY23 on account of robust orderbook and healthy order inflow, and normalcy in supply chain to be restored within the next three months. Post that, we expect to carry forward that momentum in FY24 EBITDA stood at Rs 16.9 crore, an increase of 16.1%, as against Rs 14.5 crore of Q2FY22. Operating margins were impacted by rising raw material costs and lower capacity utilization Profit After Tax was up by 56% at Rs 10.2 crore for Q2FY23 against Rs 6.6 crore in Q2FY22 Order book: In April 2022, we received a letter of award (LOA) for appointment of Advanced Metering Infrastructure Service Provider (AMISP) including design of AMI system with supply, installation and commissioning of about 10 Lakhs Smart Prepaid Meters, DT Meter level energy accounting and FMS of these smart meters from a state utility. The total order, worth Rs 828.57 crore (net of tax), is the single largest order finalized by any state utility in India for AMISP As on 30th September 2022, our order book stood at Rs 1,761 crore (net of tax) Commenting on the performance Mr. Jitendra Kumar Agarwal, Joint Managing Director, Genus Power Infrastructures said, “In the current quarter we continued to face supply chain issues for semiconductors and other essential electronic components, as also disclosed in our previous earnings call. Inadequate capacity utilization affected our top-line growth and also had adverse impact on our operating margins. However, our operations are expected to pick up significantly in H2FY23. We anticipate that 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 metres, allowing for higher operating margins. System integrators (also known as Advanced Metering Infrastructure Service Providers, or simply AMISPs) will be responsible for all capital expenditures in the new TOTEX (CAPEX + OPEX) model under the Design Build Finance Own Operate and Transfer (DBFOOT) arrangement, relieving SEBs of any financial burden. The Indian metering industry will see strong order inflows, healthy topline growth, higher operating margins, and an improved working capital cycle beginning in FY24. SEBs are increasingly convinced of the TOTEX model, in which they will incur no capital expenditures for smart metres and instead make monthly (guaranteed) payments to AMISPs under the 'pay-as-you-save model.' We, as a company, will serve as both an AMISP (as per our limited appetite) and a smart metering vendor (a.k.a. technology provider) to other AMISPs. The TOTEX model will result in increased cash flow for SEBs, reducing the current working capital cycle significantly. Meters supplied to other AMISPs will be paid on an LC basis. Furthermore, because AMISPs will bear a significant portion of the capex, smart metre quality and timely delivery will be critical factors to consider when placing orders with metering companies, rather than simply selecting the lowest bidder. In comparison to conventional metres, the cost of smart metres 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 metres, which typically have higher operating margins than traditional metres. All of this will, in the years to come, have the effect of reshaping the economic dynamics of the industry of smart metres in India. We build everything in-house, from conceptualization, design, tools room, moulding 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 customise 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, and 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 PDF GENUS POWER INFRASTRUCTURES LTD.-$ - 530343 - Disclosures Of Related Party Transactions For The Half Year Ended On September 30, 2022
Disclosures of Related Party Transactions for the Half Year ended on September 30, 2022 GENUS POWER INFRASTRUCTURES LTD.-$ - 530343 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Recording of Conference Call. GENUS POWER INFRASTRUCTURES LTD.-$ - 530343 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation - November 2022 GENUS POWER INFRASTRUCTURES LTD.-$ - 530343 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release on the Unaudited Financial Results for the quarter ended September 30, 2022 GENUS POWER INFRASTRUCTURES LTD.-$ - 530343 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisements of unaudited financial results.