Genus Power Reports 136% Revenue Surge, Raises FY26 Guidance to Rs 4,500 Crores

Genus Power Infrastructures Limited , a leading player in the smart metering sector, has reported a remarkable financial performance for the second quarter of fiscal year 2026, with standalone revenue surging 136% to Rs 1,149.00 crores. The company's EBITDA more than tripled to Rs 244.00 crores, driven by significant progress in smart metering projects transitioning to operational phases.

Strong Financial Performance

The company's Q2 FY26 results showcase impressive growth:

Metric	Q2 FY26	YoY Growth
Revenue	Rs 1,149.00 crores	136%
EBITDA	Rs 244.00 crores	>200%
EBITDA Margin	21.30%	456 bps
PAT	Rs 148.00 crores	162%
PAT Margin	12.90%	-

For the first half of FY26, Genus Power reported:

Revenue: Rs 2,091.00 crores (up 132% YoY)
EBITDA: Rs 444.00 crores (>3x growth)
EBITDA Margin: 21.20%
PAT: Rs 277.00 crores (up 185% YoY)

Revised Guidance and Market Outlook

Buoyed by the strong performance, Genus Power has revised its FY26 revenue guidance upward from Rs 4,000.00 crores to Rs 4,500.00 crores, with an EBITDA margin of 20%. The company also provided guidance for FY27, projecting revenue between Rs 5,500.00-6,000.00 crores with a sustained EBITDA margin of 20%.

The company's Vice Chairman, Kailash Agarwal, highlighted the robust market opportunity in the smart metering sector. He noted that out of the total 25 crore meters envisaged under the RDSS scheme, 15 crore smart meters have already been awarded, with the remaining 10 crore expected to be tendered in the next 12-18 months.

Operational Highlights

Manufacturing Capacity: In H1 FY26, Genus Power manufactured around 90 lakh meters, with a current production rate of approximately 50,000 meters per day.
Installation Target: The company aims to install over 80 lakh meters in FY26, with 36 lakh meters already installed in H1.
Order Book: As of September 30, 2025, Genus Power's total order book stood at Rs 28,758.00 crores (net of taxes) for about 3.6 crore meters.
Operational Go-Live (OGL): Out of 24 AMISP projects being implemented, 13 projects totaling 2.10 crore meters have received OGL certificates.

Future Outlook

Genus Power is well-positioned to capitalize on the growing smart meter market in India. The company is also exploring opportunities in export markets and diversifying into gas and water metering solutions. With a strong order book and improving operational efficiencies, Genus Power is poised for sustained growth in the coming years.

Jitendra Agarwal, Joint Managing Director, expressed confidence in the company's future, stating, "We are very well placed in taking care of whatever the requirement of Make In India or Made In India comes in future."

As the smart metering sector continues to expand under government initiatives, Genus Power Infrastructures Limited appears set to maintain its strong market position and drive further growth in the coming years.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.77%	-6.98%	+7.28%	-11.61%	-23.57%	+1,069.38%

Genus Power Infrastructures Limited , a leading player in the power infrastructure sector, has reported a remarkable financial performance for the second quarter of the fiscal year 2025-26. The company's robust results underscore its strong position in the market and effective execution of its business strategies.

Financial Highlights

Metric	Q2 FY2025-26	Q2 FY2024-25	YoY Change
Net Profit	₹1.48 billion	₹583.00 million	+154%
Revenue	₹11.50 billion	₹4.90 billion	+135%
EBITDA	₹2.44 billion	₹813.70 million	+200%
EBITDA Margin	21.27%	16.71%	+456 bps

Key Performance Indicators

Net Profit

Genus Power Infrastructures witnessed a substantial increase in net profit, which more than doubled to ₹1.48 billion from ₹583.00 million in the same quarter last year, marking a 154% year-on-year growth.

Revenue

The company's revenue showed impressive growth, more than doubling to ₹11.50 billion compared to ₹4.90 billion in the corresponding quarter of the previous year, representing a 135% increase.

EBITDA Performance

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) saw a significant rise to ₹2.44 billion from ₹813.70 million, showcasing a 200% year-on-year growth.

Margin Improvement

The EBITDA margin expanded by 456 basis points to 21.27% from 16.71% in the same period last year, indicating enhanced operational efficiency.

Market Position and Future Outlook

The strong financial results reflect Genus Power Infrastructures' solid market position in the power infrastructure sector. The company's ability to more than double its revenue and significantly increase profitability suggests effective execution of its business strategies and possibly an expanding market share.

The substantial improvement in EBITDA and EBITDA margin indicates that Genus Power Infrastructures has successfully managed its operational costs while scaling up its business. This efficiency in operations could be a key factor in sustaining profitability as the company continues to grow.

As the power infrastructure sector continues to evolve, particularly with the increasing focus on smart metering and advanced power solutions, Genus Power Infrastructures appears well-positioned to capitalize on emerging opportunities in the market.

Investors and market analysts will likely keep a close watch on how the company maintains this growth trajectory and leverages its current momentum to further strengthen its market position in the coming quarters.