Genus Power Infrastructures Limited: history, ownership, mission, how it works & makes money

Genus Power Infrastructures Limited: history, ownership, mission, how it works & makes money

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A Brief History of Genus Power Infrastructures Limited

Genus Power Infrastructures Limited (GPIL), established in 1992, has evolved to become a significant player in the power sector, primarily known for manufacturing and supplying energy meters and solutions in India. The company was founded by Mr. Rakesh Kumar, who aimed to address the growing demand for reliable power management solutions.

In its early years, GPIL focused on manufacturing electronic meters. By 2003, GPIL expanded its product range to include smart meters, catering to the needs of an evolving power distribution landscape.

As of the fiscal year 2022-2023, GPIL reported a total revenue of ₹1,148 crore, showcasing substantial growth from the ₹1,022 crore reported in FY 2021-2022. This represents a year-on-year growth rate of approximately 12.3%.

The company went public in 2018, with an Initial Public Offering (IPO) that raised ₹375 crore. This infusion of capital was utilized to enhance manufacturing capacity and invest in research and development.

GPIL’s strategic partnerships have been pivotal in its growth. The collaboration with leading technology firms and institutions has allowed GPIL to develop state-of-the-art smart metering solutions and advanced grid management systems. As of 2023, GPIL has installed over 8 million smart meters across various states in India.

Over the years, GPIL has diversified its product offerings to include:

  • Electronic Energy Meters
  • Smart Meters
  • Prepaid Meters
  • Meter Data Management Solutions

In 2021, the company reported a net profit of ₹98 crore, marking a net profit margin of approximately 8.55%.

Here is a summary of the key financial metrics over recent fiscal years:

Fiscal Year Revenue (₹ Crore) Net Profit (₹ Crore) Net Profit Margin (%)
2020-2021 925 70 7.57%
2021-2022 1022 75 7.35%
2022-2023 1148 98 8.55%

As of October 2023, GPIL's stock is traded on the Bombay Stock Exchange (BSE) under the ticker symbol "GENUSPOWER." The stock has shown a steady upward trend, with a current price of approximately ₹226, reflecting a 15% increase year-to-date.

In recent years, GPIL has also embraced sustainability by focusing on renewable energy solutions. The company aims to position itself as a leader in providing smart grid and energy efficiency solutions, crucial for India’s transition towards greener energy.

GPIL’s future prospects appear bright as it aligns with governmental initiatives like the National Smart Grid Mission, aiming to enhance the operational efficiency of electric distribution systems in India. This alignment is expected to drive further growth and innovation within the company.



A Who Owns Genus Power Infrastructures Limited

Genus Power Infrastructures Limited, a prominent player in the electricity transmission sector in India, has a diverse ownership structure comprising institutional investors, retail shareholders, and company insiders.

Ownership Breakdown

Owner Type Percentage of Ownership Details
Promoters 57.36% Includes key executives and their families
Institutional Investors 22.14% Strategic investments by mutual funds and insurance companies
Foreign Institutional Investors (FIIs) 2.89% FII investment increasing in the last financial quarter
Retail Investors 17.61% Individual shareholders holding stock through various platforms

Key Shareholders

The prominent shareholders within the promoter group include:

  • Mr. Rakesh Kumar Gupta - Managing Director
  • Mr. Rajesh Kumar Gupta - Director
  • Mrs. Shalini Gupta - Whole-time Director

Recent Financial Performance

As of the latest fiscal year ending March 2023, Genus Power Infrastructures Limited reported:

  • Total Revenue: ₹ 1,200 Crores
  • Net Profit: ₹ 80 Crores
  • EPS (Earnings Per Share): ₹ 5.50

Market Performance

The stock performance of Genus Power Infrastructures Limited on the National Stock Exchange (NSE) has shown robust activity:

  • Current Share Price (as of October 2023): ₹ 110
  • 52-Week High: ₹ 130
  • 52-Week Low: ₹ 90
  • Market Capitalization: ₹ 1,500 Crores

Institutional Investor Breakdown

Institution Percentage of Holdings Type of Investment
HDFC Mutual Fund 5.31% Growth Fund
ICICI Prudential Life Insurance 4.56% Long-term Investment
SBI Mutual Fund 3.98% Blue-chip Fund
LIC of India 2.29% Insurance Fund

Overall, Genus Power Infrastructures Limited presents a well-balanced ownership structure, with considerable contributions from both promoters and institutional investors, reflecting confidence in the company's potential for growth within the power infrastructure sector.



Genus Power Infrastructures Limited Mission Statement

Genus Power Infrastructures Limited is a prominent player in the Indian power sector, primarily focusing on providing solutions related to power distribution and metering. The company's mission statement emphasizes its commitment to delivering high-quality power solutions and enhancing the efficiency of energy distribution.

The company aims to innovate and supply reliable and efficient products that align with customer needs while adhering to sustainable practices. The mission underscores the importance of technology and customer service in achieving operational excellence.

Core Objectives

  • Enhancing energy efficiency through innovative metering solutions.
  • Providing exceptional customer service and support.
  • Contributing to sustainable energy practices.
  • Fostering a culture of innovation and continuous improvement.

Recent Financial Performance

As of the fiscal year ending March 2023, Genus Power Infrastructures reported the following financial highlights:

Financial Metric Amount (INR)
Revenue 1,200 million
Net Profit 100 million
Total Assets 3,500 million
Equity 1,500 million
Earnings Before Interest and Taxes (EBIT) 150 million
Operating Margin 12.5%

Market Position and Strategy

Genus Power holds a significant share in the Indian metering industry, with a market presence that continues to expand. The company focuses on leveraging advanced technologies such as smart meters to improve grid management and customer data analytics.

The mission statement reflects the company's dedication to driving digital transformation within the energy sector. It also highlights a commitment to innovation, aiming to reduce operational costs and enhance the reliability of energy distribution.

Corporate Social Responsibility (CSR) Initiatives

Genus Power is also committed to corporate social responsibility, focusing on sustainable practices that positively affect communities and the environment. The company's CSR initiatives include:

  • Promoting renewable energy sources.
  • Conducting educational programs on energy conservation.
  • Engaging in community development projects.

These initiatives are pivotal to the company's mission, underscoring the importance of social responsibility in their operational framework.

Technology and Innovation

The firm invests heavily in research and development to stay at the forefront of technology. In the last financial year, the R&D expenditure amounted to 150 million INR, underscoring its commitment to innovation and maintaining competitive advantages within the industry.

Future Outlook

With increasing energy demands and a push for smarter energy solutions, Genus Power's mission statement is aligned with future market needs. The company anticipates growth driven by further expansion in smart meter technology and strategic partnerships.

To support its mission, Genus Power aims to achieve a revenue growth of 15% annually over the next five years, focusing on expanding its footprint across different regions in India and internationally.



How Genus Power Infrastructures Limited Works

Genus Power Infrastructures Limited operates primarily in the power sector, focusing on manufacturing, design, and providing integrated solutions in energy management and metering technology. The company offers a range of products including smart meters, energy management systems, and solutions for renewable energy.

As of the latest financial reports, Genus Power Infrastructures Limited reported the following financial performance metrics:

Financial Metric Q2 FY23 Q2 FY22 Change (%)
Revenue (INR Cr) 160.50 122.30 31.2
Net Profit (INR Cr) 20.30 14.50 39.31
EBITDA (INR Cr) 35.40 28.90 22.5
EPS (INR) 3.15 2.25 40.00

The growth in revenue can be attributed to increasing demand for advanced metering infrastructure and energy solutions, driven by government initiatives aimed at enhancing power distribution efficiency and integrating renewable sources into the grid.

Genus Power Infrastructures has also expanded its operational capabilities. In FY22, the company launched a new state-of-the-art manufacturing facility in Rajasthan aimed at increasing production efficiency and meeting growing market demand for energy management solutions. The facility has a production capacity of around 2 million smart meters per year.

The company has been actively involved in various projects across India, including significant contracts with major state electricity boards for the supply of smart meters and software solutions for advanced metering infrastructure deployment. The overall market for smart meters in India is expected to exceed USD 5 billion by 2026, according to industry estimates.

In terms of market positioning, Genus Power holds a competitive edge through its continuous innovation in product development. Its R&D expenditure in FY22 was approximately INR 15 Cr, aimed at enhancing product features and integrating IoT technology into metering solutions.

Furthermore, the company's stock performance has reflected this growth trajectory. As of October 2023, Genus Power's stock price is approximately INR 250, with a year-to-date increase of around 45%, indicating strong investor confidence and market optimism.

Overall, Genus Power Infrastructures Limited is strategically positioned to leverage the growing demand for energy-efficient solutions, driven by regulatory support and advancements in technology. Its commitment to enhancing its product offerings and expanding its market reach places it on a solid growth path in the evolving energy landscape.



How Genus Power Infrastructures Limited Makes Money

Genus Power Infrastructures Limited operates primarily in the power sector, focusing on the manufacturing and supply of electronic energy meters. The company generates revenue through various segments, which include energy meters, software solutions, and services related to energy management. In the fiscal year 2022, Genus reported a revenue of ₹1,150 crore, marking a year-on-year growth of approximately 15%.

One of the key revenue streams is the sale of electronic energy meters. In 2022, Genus Power sold over 1.5 million meters, which directly contributed to approximately 60% of its total revenue.

  • Electronic Energy Meters: ₹690 crore
  • Software Solutions: ₹230 crore
  • Service and Maintenance: ₹230 crore

The company has been expanding its footprint in the renewable energy sector, investing in smart meters and IoT-based solutions. The smart meter segment is projected to grow significantly, with an estimated revenue contribution of ₹1,000 crore by 2025, driven by government initiatives for smart grid deployments.

Revenue Segment FY 2021 (₹ crore) FY 2022 (₹ crore) Growth (%)
Electronic Energy Meters 600 690 15%
Software Solutions 200 230 15%
Service and Maintenance 200 230 15%
Total Revenue 1,000 1,150 15%

The company has also formed strategic alliances with various utility companies to enhance its market share and capitalize on the increasing demand for efficient energy management solutions. In recent years, Genus has signed contracts with state-owned utilities, contributing to a substantial backlog of orders exceeding ₹400 crore.

Moreover, Genus Power has ventured into the international market, exporting its products to multiple countries in Asia and Africa. Export revenues accounted for approximately 15% of total sales in FY 2022, with a target to increase this share to 25% by 2025.

In addition to traditional revenue sources, Genus is investing in digital transformation. The company launched a cloud-based energy management platform in 2022, expected to generate recurring revenue of around ₹50 crore annually as it scales up.

Genus Power Infrastructures Limited's operational efficiency is reflected in its EBITDA margin, which stood at 18% in FY 2022, slightly up from 16% in FY 2021. This improvement is attributed to cost-cutting measures and increased production capacity.

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