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Genus Power Infrastructures Ltd Earnings Release 2026

Feb 10, 2026

62663_rns_2026-02-10_008dca95-39e1-41dd-a038-e395c9798bc4.pdf

Earnings Release

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February 10, 2026

BSE Limited, (Corporate Relationship Department), P J Towers, Dalal Street, Fort, Mumbai- 400 001 BSE Code: 530343

National Stock Exchange of India Ltd., (Listing & Corporate Communications), Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex, Bandra (E) Mumbai - 400 051.

NSE Symbol: GENUSPOWER

- Sub: Press Release on the Unaudited Financial Results for the quarter and nine months ended December 31, 2025

Dear Sir/Madam,

We enclose herewith a copy of Press Release on the Unaudited Financial Results for the quarter and nine-months ended December 31, 2025.

Thanking you,

Yours truly,

For Genus Power Infrastructures Limited

PURAN Digitally signed by PURAN SINGH SINGH RATHORE Date: 2026.02.10 RATHORE 11:44:04 +05'30'

Puran Singh Rathore

Joint Company Secretary & Compliance Officer

Encl. as above

Genus Power Infrastructures Limited (A Kailash Group Company) Corporate Identity Number L51909UP1992PLC051997

Corporate Office: SPL-3, RIICO Industrial Area, Sitapura, Tonk Road, Jaipur-302022, (Raj.), India T. +91-141-7102400/500 • F. +91-141-2770319, 7102503 E. [email protected] • W. www.genuspower.com

Registered Office: G-123, Sector-63, Noida, Uttar Pradesh-201307 (India) T. +91-120-2581999 E. [email protected]

Earnings Release

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GENUS POWER INFRASTRUCTURES LIMITED

Announces Q3FY26 Results

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As on 31[st] December 2025, our total order book including all SPVs and GIC Platform stands at about Rs. 27,217 Crore (net of taxes) and these Concessions are for 8-10 years

Jaipur – 10[th] February 2026 – Genus Power Infrastructures Ltd., a Smart Metering solutions provider & manufacturer for the Power Distribution Industry and a leading AMISP player, announced its unaudited financial results for the quarter and nine months ended December 31[st] , 2025.

Standalone Financial Snapshot Q3FY26:

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*Net PAT from continuing operations

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Standalone Financial Snapshot 9MFY26:

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*Net PAT from continuing operations

Performance Highlights for Q3FY26 (standalone):

  • Revenue stood at Rs. 1,122.4 crore , up 85.8% y-o-y, as against Q3FY25 revenue of Rs. 604.2 crore, driven by strong execution of the smart metering order book and continued scale-up across multiple state-level deployments. On a q-o-q basis, revenue declined marginally by 2.3%, primarily due to the festive season (Dussehra and Diwali), which led to temporary delays in on-ground smart meter installation activities.

  • EBITDA stood at Rs. 232.2 crore , up 98.8% y-o-y, as compared to Rs. 116.8 crore in Q3FY25. EBITDA margin expanded by 136 basis points y-o-y to 20.7% , reflecting strong operating leverage, improved absorption of fixed costs and disciplined cost management. On a q-o-q basis, EBITDA declined modestly in line with revenue seasonality.

  • Profit After Tax (from continuing operations) stood at Rs. 147.6 crore for Q3FY26, registering a strong 117.3% y-o-y growth, compared to Rs. 67.9 crore in Q3FY25. PAT margins improved to 13.2% , supported by robust operating performance and scale benefits, notwithstanding higher finance costs.

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  • Our total order book , as on 31[st] December 2025, stands at about Rs. 27,217 crore (net of taxes) offering clear visibility for strong revenue growth in the coming years.

Performance Highlights for 9MFY26:

  • Revenue stood at Rs. 3,213.8 crore , registering a strong 113.5% y-o-y growth, as against Rs. 1,505.2 crore in 9MFY25, driven by sustained momentum in smart meter executions, rapid ramp-up across projects and favourable sectoral tailwinds.

  • EBITDA stood at Rs. 676.2 crore , up 158.6% y-o-y, compared to Rs. 261.4 crore in 9MFY25. EBITDA margin expanded meaningfully by 367 basis points y-o-y to 21.0%, reflecting superior operating leverage, execution efficiencies and tighter cost controls at higher scale.

  • Profit After Tax (from continuing operations) stood at Rs. 424.3 crore for 9MFY26, marking a sharp 157.1% y-o-y increase, as against Rs. 165.0 crore in 9MFY25. PAT margin improved to 13.2%, driven by margin expansion at the operating level and improved profitability across the execution cycle.

  • Overall performance for 9MFY26 underscores the Company’s ability to translate strong order book execution into profitable growth, while maintaining healthy margins despite normal variations in product mix and quarterly execution phasing.

Kindly Note: The variance in Profit After Tax (PAT) between the standalone and consolidated financials of Genus Power Infrastructures Limited primarily arises from mark-to-market (MTM) gains or losses associated with Genus Paper & Boards Limited. It is important to note that these fluctuations represent notional accounting adjustments rather than realized profits or losses.

– Demerger of Strategic Investment Business Key Update

  • Pursuant to the approval received from the Registrar of Companies for the Scheme of Arrangement involving the demerger of the Strategic Investment Business of Genus Power Infrastructures Limited into Genus Prime Infra Limited, the Board had fixed February 06, 2026 as the Record Date.

  • Eligible shareholders have been entitled to receive 1 equity share (FV Rs. 2) of the Resulting Company for every 6 equity shares (FV Re. 1) held in the Company, with the Resulting Company taking necessary steps for listing of its equity shares on BSE post allotment.

Disclosure in Relation to ED Proceedings:

  • The Directorate of Enforcement (“ED”) had conducted a search under the Prevention of Money Laundering Act, 2002 at the Company’s corporate office and at the residence of the Chairman on December 3, 2024. The Company extended full cooperation to the authorities and provided all information and clarifications as sought. No communication, notice, show-cause or direction has been received by the Company or its officials from any authority or court pursuant to the said matter, and the management is confident that all due compliances have been duly made.

  • The Company’s operations continue in the normal course of business, with manufacturing, project execution and supply commitments remaining unaffected. The financial position, contractual obligations, governance framework, internal controls and compliance mechanisms of the Company remain sound and fully operational.

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  • This disclosure is being made in the interest of transparency, and the Company will make further disclosures, if required, in accordance with applicable regulatory requirements upon any material development.

Commenting on the performance Mr. Jitendra Kumar Agarwal, Joint Managing Director, Genus Power Infrastructures said,

“Genus Power delivered another strong quarter and a robust nine-month performance in FY26, underpinned by accelerating execution across its AMISP portfolio under the RDSS framework. For Q3FY26, revenues remained healthy despite a sequential moderation attributable to festive-season related constraints, including Dussehra and Diwali, which temporarily slowed on-ground installation activity across several states. Importantly, this moderation was operational in nature and not reflective of demand or execution capability. On a year-on-year basis, performance remained strong, supported by scale-up across multiple live projects and steady progress in system integration and commissioning milestones.

For 9MFY26, the Company demonstrated sharp growth across revenue, EBITDA and profitability, reflecting sustained execution momentum, operating leverage and disciplined cost management. EBITDA margins remained healthy. The Company continued to benefit from its integrated AMISP model, which combines manufacturing, EPC execution, system integration and long-term operations and maintenance, thereby enabling superior margin resilience at scale.

Recently, the Company achieved a key milestone as it received Operational Go-Live (OGL) for two of the Rajasthan smart metering projects. As on date, 16 AMISP projects covering nearly 2.50 crore smart meters have achieved OGL status, enabling commencement of invoicing upon successful Site Acceptance Tests (SAT). This expanding OGL footprint materially enhances long-term cash flow visibility and reinforces the sustainability of the Company’s earnings profile.

We expect installation pace to accelerate meaningfully from Q4 onwards as multiple large RDSS projects transition into active revenue generation phases. Accordingly, we expect to commission approximately 80–90 lakh smart meters during FY26, supported by strong manufacturing throughput, integrated deployment capabilities and improved coordination with utilities. Looking ahead, we remain highly confident on execution visibility and expect Q4FY26 to be a strong execution quarter, driven by seasonally favourable installation conditions, a larger base of OGL-enabled projects and accelerated rollout across key states.

The Company’s order book remains robust at approximately Rs. 27,000 crore (net of taxes) attributable primarily to Genus’s own AMISP projects covering ~2.75 crore smart meters, providing multi-year execution and annuity revenue visibility over 8–10 year concession periods. Around 80% of AMISP revenues accrue directly to Genus, underscoring the quality and profitability of the order book. Manufacturing capacity has been scaled to over 18 million meters annually, supported by facilities in Jaipur, Haridwar and the recently commissioned Guwahati plant, ensuring readiness for sustained high-volume execution.”

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About Genus Power Infrastructures Ltd.:

Genus Power Infrastructures Limited (Genus) is India’s leading brand in the design and manufacturing of smart end-to-end metering solutions for Electricity, Gas, and Water. It is a key player in the Advanced Metering Infrastructure Service Provider (AMISP) ecosystem, executing utility projects under the TOTEX (Total Expenditure) model with complete hardware, infrastructure, and operational services.

Established in 1995, Genus is a BSE- and NSE-listed company with fully integrated manufacturing facilities in Jaipur, Haridwar, Guwahati and Kotputli, supported by a Government of India–recognised in-house R&D centre. The Company has an installed manufacturing capacity of over 18 million meters annually and serves major state electricity boards and private utilities across India.

Genus’s solutions integrate indigenous hardware, field-proven communication technologies, and proprietary digital platforms—including Head End Systems and Meter Data Management Systems—enabling secure, scalable, and reliable deployments. In addition to electricity smart metering, Genus has developed smart metering solutions for gas and water, leveraging its core technology, manufacturing, and systems integration capabilities. With a strong execution track record under the Revamped Distribution Sector Scheme (RDSS), Genus continues to support India’s power distribution reforms through improved billing efficiency, loss reduction, and the development of a resilient digital utility infrastructure.

For more information about the Company and its businesses, please visit our website www.genuspower.com

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Safe Harbor:

Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results changed assumptions or other factors.

For further details please contact:

Company: Investor Relations Advisors:
Genus Power Infrastructures Ltd
CIN No: L51909UP1992PLC051997
Ankit Jhanjhari
Email id:[email protected]
Strategic Growth Advisors Pvt Ltd.
CIN No: U74140MH2010PTC204285
Shogun Jain / Parin Narichania
Email id:[email protected]/
[email protected]
Tel No: 7738377756 / 9930025733

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