Genus Power Reports Strong Q3FY26 Results with 86% Revenue Growth to ₹1,122 Crores
Genus Power Infrastructures delivered exceptional Q3FY26 performance with revenue growth of 86% to ₹1,122 crores and net profit surge of 117% to ₹148 crores, driven by strong smart metering execution. The company maintains a substantial order book of ₹27,217 crores and appointed Mr. Nathu Lal Nama as Executive Director.

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Genus Power Infrastructures Limited announced robust unaudited financial results for the quarter and nine months ended December 31, 2025, demonstrating strong operational performance and revenue growth. The company released detailed financial highlights through a comprehensive press release on February 10, 2026.
Q3FY26 Financial Performance
The company delivered exceptional financial performance during the quarter, with significant year-over-year growth across all key metrics despite seasonal challenges.
Standalone Quarterly Results
| Metric: | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations: | ₹1,122.36 crores | ₹604.20 crores | +85.73% |
| EBITDA: | ₹232.20 crores | ₹116.80 crores | +98.80% |
| EBITDA Margin: | 20.70% | 19.34% | +136 bps |
| Profit Before Tax: | ₹191.00 crores | ₹96.00 crores | +100.00% |
| Net Profit: | ₹147.62 crores | ₹67.91 crores | +117.39% |
| PAT Margin: | 13.20% | 11.20% | +200 bps |
| Earnings per Share (Basic): | ₹4.85 | ₹2.23 | +117.49% |
Revenue growth was driven by strong execution of the smart metering order book and continued scale-up across multiple state-level deployments. The company noted a marginal 2.30% quarter-on-quarter decline due to festive season impacts (Dussehra and Diwali), which temporarily delayed on-ground smart meter installation activities.
Nine-Month Performance Highlights
| Parameter: | 9MFY26 | 9MFY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations: | ₹3,213.79 crores | ₹1,505.24 crores | +113.48% |
| EBITDA: | ₹676.20 crores | ₹261.40 crores | +158.60% |
| EBITDA Margin: | 21.00% | 17.33% | +367 bps |
| Net Profit: | ₹424.27 crores | ₹165.02 crores | +157.09% |
| PAT Margin: | 13.20% | 11.00% | +220 bps |
| Earnings per Share (Basic): | ₹13.96 | ₹5.43 | +157.09% |
Order Book and Operational Milestones
The company maintains a robust order book position of ₹27,217 crores (net of taxes) as of December 31, 2025, providing clear revenue visibility for the coming years. This includes ₹25,053 crores orders to be executed pursuant to the joint venture agreement with Gem View Investment Pte. Ltd.
Key Operational Achievements
| Achievement: | Details |
|---|---|
| Total Order Book: | ₹27,217 crores (net of taxes) |
| Concession Period: | 8-10 years |
| OGL Projects: | 16 AMISP projects covering 2.50 crore smart meters |
| Manufacturing Capacity: | Over 18 million meters annually |
| Expected FY26 Installations: | 80-90 lakh smart meters |
The company achieved Operational Go-Live (OGL) for two Rajasthan smart metering projects, bringing the total OGL-enabled projects to 16, covering nearly 2.50 crore smart meters.
Board Appointments and Corporate Developments
Based on the recommendation of the Nomination and Remuneration Committee, the Board approved the appointment of Mr. Nathu Lal Nama as Additional Director and Whole Time Director (Executive Director) for a period of two years.
| Appointment Details: | Information |
|---|---|
| Name: | Mr. Nathu Lal Nama |
| DIN: | 10302325 |
| Position: | Additional Director and Whole Time Director |
| Tenure: | Two years |
| Effective Date: | February 09, 2026 |
| Additional Role: | Chief Financial Officer (CFO) |
Mr. Nathu Lal Nama, aged 61 years, is a qualified Chartered Accountant with four decades of professional experience in manufacturing industries. He has been associated with the company since July 2008 and has served as Chief Financial Officer since May 2018.
Strategic Business Updates
The company completed the demerger of its Strategic Investment Business into Genus Prime Infra Limited, with February 06, 2026 fixed as the Record Date. Eligible shareholders are entitled to receive 1 equity share of the Resulting Company for every 6 equity shares held in Genus Power.
Regarding ED proceedings, the company disclosed that following a search conducted on December 3, 2024, no communication, notice, or direction has been received from any authority. The company's operations continue normally with manufacturing, project execution, and supply commitments remaining unaffected.
Historical Stock Returns for Genus Power Infrastructures
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.15% | -0.51% | +2.18% | -25.28% | -2.56% | +591.17% |


































