Rs 31,766 crore order book: Smart prepaid meters manufacturer reports stellar quarterly & half-yearly results, PAT Jumps 177 per cent

The stock gave multibagger returns of 100 per cent from its 52-week low; 520 per cent in 3 years and a whopping 1,550 per cent in 5 years.

Genus Power Infrastructures Ltd. started in 1995, is amongst the largest players in India’s electricity metering solutions industry, with a 27 per cent market share. The company is the market leader in various kinds of meters and has developed ‘smart metering solutions’, with in house R&D centre. The company also has an engineering, construction and contracts (ECC) division which complements the existing meters business. The company has manufacturing plants across Jaipur, Haridwar and Guwahati with a total installed capacity of over 10 million meters. The company’s key customers include the major State electricity boards (SEBs) and private utilities.

The company has a market cap of Rs 12,675 crore and has been maintaining a healthy dividend payout of 31.2 per cent with its order book standing at Rs 31,766 crore as of September 30, 2024. According to consolidated Quarterly Results, the net sales increased by 88 per cent to Rs 486.88 crore and net profit increased by 73 per cent to Rs 84.22 crore in Q2FY25 compared to Q2FY24. In its consolidated annual results, the net sales increased by 49 per cent to Rs 1,200.58 crore and net profit increased by 241 per cent to Rs 101.04 crore in FY24 over FY23. Looking at its half-yearly results, the net sales increased by 68 per cent to Rs 678.40 crore and net profit increased by 177 per cent to Rs 29.36 crore in H1FY25 compared to H1FY24.

The stock’s 52-week high is Rs 476 per share while its 52-week low is Rs 204.60. The stock gave multibagger returns of 100 per cent from its 52-week low; 520 per cent in 3 years and a whopping 1,550 per cent in 5 years. Investors should keep an eye on this small-cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.