Genus Power Infrastructure: GIC Affiliate Cancels ₹650 Crore Block Deal 6 days ago
Chiswick Investment Pte. Ltd, an affiliate of Singapore's GIC, cancelled a planned block deal to sell up to 5.8% stake in Genus Power Infrastructures Ltd. The deal was valued at approximately ₹650 crore with a floor price of ₹360 per share. Following the news, Genus Power's stock declined 1.42% to ₹379.65 in early trading on June 13.
GIC Affiliate to Offload Up to 5.88% Stake in Genus Power Infrastructures 6 days ago
Genus Power Provides Conservative EBITDA and Revenue Guidance Jun 03, 2025
Genus Power Targets INR4,000 Crore Revenue by FY26, Focuses on Long-Term Growth Jun 03, 2025
Genus Power Infrastructure: Q4 Profit More Than Doubles, Shares Hit Six-Month High Jun 02, 2025
More news about Genus Power Infrastructures
31May 25
Genus Power Infra's Order Book Soars to Rs 30,110 Crore
Genus Power Infra has announced an order book of approximately Rs 30,110.00 crore as of March 31. This figure includes orders from all Special Purpose Vehicles (SPVs) and the GIC platform. The substantial order book indicates a strong market position and potential for future revenue growth in the power infrastructure sector.
30May 25
Genus Power Infrastructures Reports Impressive Q4 Results with Soaring Profits and Revenue
Genus Power Infrastructures announced impressive Q4 results with net profit soaring to ₹123.00 crore, a five-fold increase from ₹24.30 crore year-over-year. Revenue doubled to ₹936.80 crore, and EBITDA margin expanded to 20.95%. The company's strong performance is attributed to its smart metering business, positioning it as a key player in India's evolving power distribution sector.
17Mar 25
Genus Power Infrastructures Expands Smart Metering Footprint with Strategic Stake Acquisition
A subsidiary of Genus Power Infrastructures Ltd is acquiring a 13% stake in Durg Rajnandgaon Jagdalpur Smart Metering. This move aligns with the growing demand for smart metering solutions in India's power sector and could enhance Genus Power's portfolio in the infrastructure and power management industry. The acquisition capitalizes on the increasing adoption of smart metering technologies across India, driven by government initiatives to reduce power losses and improve distribution efficiency.
13Mar 25
Genus Power Infrastructures Expands Smart Metering Footprint with Strategic Acquisition
Genus Power Infrastructures' subsidiary, Genus Power Solutions Private Limited (GPSPL), has signed an agreement to acquire a 13% stake in Durg Rajnandgaon Jagdalpur Smart Metering Private Limited. The acquisition involves purchasing 13,000 equity shares at ₹1 each, totaling ₹13,000. This move aligns with Genus Power's strategy to strengthen its position in the smart metering industry. Upon completion, the acquired company will become a wholly-owned subsidiary of GPSPL and a step-down subsidiary of Genus Power Infrastructures Limited.
21Feb 25
Genus Power Forecasts 30-40% Revenue Growth for FY26 Amid Smart Meter Rollout
Genus Power Infrastructures Ltd. expects a 30-40% revenue increase for FY26, building on a projected Rs. 2,500 crore revenue for the current fiscal year. Q3 FY25 saw EBITDA margins reach 19%, though management guides for 15-16% long-term. Smart meter production has increased from 2 million to 3 million per quarter. The company maintains a strong order book despite a temporary slowdown in new tenders. Southern states are expected to become more active in smart metering tenders next fiscal year. The company's gross debt stands at Rs. 1,200 crore, with net debt around Rs. 300-400 crore.