Genus Power Infrastructures Ltd — Earnings Release 2026

May 19, 2026

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May 19, 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 Audited Financial Results for the quarter and year ended March 31, 2026

Dear Sir/Madam,

We enclose herewith a copy of Press Release on the Audited Financial Results for the quarter and year ended March 31, 2026.

Thanking you,

Yours truly,

For Genus Power Infrastructures Limited

PURAN Digitally signed by PURAN SINGH SINGH RATHORE Date: 2026.05.19 RATHORE 09:25:58 +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. info@genus.in • W. www.genuspower.com

Registered Office: G-123, Sector-63, Noida, Uttar Pradesh-201307 (India) T. +91-120-2581999 E. info@genus.in

Earnings Release

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GENUS POWER INFRASTRUCTURES LIMITED

Announces Q4FY26 and FY26 Results

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• As on 31[st] March 2026, our total order book including all SPVs and GIC Platform stands at about Rs. 25,173 Crore (net of taxes) and these Concessions are for 8-9 years

Jaipur, 19[th] May 2026 – Genus Power Infrastructures Ltd., a Smart Metering solutions provider & manufacturer for the Power Distribution Industry and a leading AMISP player, announced its audited financial results for the quarter and year ended March 31[st] , 2026.

Standalone Financial Snapshot Q4FY26:

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*Net PAT from continuing operations

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Standalone Financial Snapshot FY26:

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*Net PAT from continuing operations

Performance Highlights for Q4FY26 (standalone):

• Revenue stood at Rs. 1,523.7 crore , registering a robust 62.7% y-o-y growth as against Q4FY25 revenue of Rs. 936.8 crore, driven by strong execution momentum in the smart metering business with accelerated project implementation across key state utilities and healthy order book conversion. On a q-o-q basis, revenue increased by 35.8%, reflecting improved execution intensity and ramp-up in project activities during the quarter.

• Moderation in Gross Profit Margin was mainly due to change in product mix, with a higher contribution from project business involving elevated raw material consumption towards hardware, software and communication costs. Additionally, imported raw material usage in meter manufacturing resulted in adverse impact from exchange rate fluctuations.

• EBITDA stood at Rs. 284.0 crore , up 36.2% y-o-y, compared to Rs. 208.5 crore in Q4FY25. EBITDA margin stood at 18.6% during the quarter. On a q-o-q basis, EBITDA increased by 22.3%, supported by higher scale of operations and improved execution throughput.

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• Profit After Tax (from continuing operations) stood at Rs. 180.7 crore for Q4FY26, registering a healthy 41% y-o-y growth, compared to Rs. 128.0 crore in Q4FY25. PAT margin stood at 11.9% reflecting continued profitability despite moderation in gross margins.

• Our total order book , as on 31[st] March 2026, stands at about Rs. 25,173 crore (net of taxes) – offering strong revenue visibility over the coming years.

Performance Highlights for FY26 (standalone):

• Revenue stood at Rs. 4,737.5 crore , registering a strong 94.0% y-o-y growth as against FY25 revenue of Rs. 2,442.0 crore, driven by sustained acceleration in smart metering project execution, strong order book conversion and continued scale-up across multiple state-level deployments.

• EBITDA stood at Rs. 960.2 crore , up 104.3% y-o-y, compared to Rs. 469.9 crore in FY25. EBITDA margin improved by 102 basis points y-o-y to 20.3% , reflecting operating leverage benefits, efficient execution capabilities and disciplined cost management, despite moderation in gross margins.

• Profit After Tax (from continuing operations) stood at Rs. 605.0 crore for FY26, marking a sharp 106.5% y-o-y increase, as against Rs. 293.0 crore in FY25. PAT margin improved to 12.8% , supported by strong operating performance, scale efficiencies and sustained growth in project execution.

• The Company delivered a strong overall operational and financial performance during FY26, underpinned by healthy execution momentum, improving operating scale, while maintaining robust profitability metrics across the execution cycle.

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

• The Hon’ble National Company Law Tribunal (“NCLT”), Allahabad Bench, vide its order dated April 24, 2025, approved the Scheme of Arrangement involving the demerger of the Strategic Investment Business of the Company into Genus Prime Infra Limited. Pursuant to the Scheme, Genus Prime Infra Limited approved the allotment of 5,07,76,631 equity shares of face value of Rs. 2 each to the eligible shareholders of Genus Power Infrastructures Limited holding shares as on the Record Date, i.e., February 06, 2026.

• 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.

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

“Genus Power Infrastructures Limited delivered a landmark performance in FY26, reflecting the Company’s strong execution capabilities, deep domain expertise in advanced metering infrastructure services (“AMISP”) and sustained momentum in India’s smart metering transformation journey. During the year, the Company witnessed accelerated execution across multiple projects under the Revamped Distribution Sector Scheme (“RDSS”), supported by large-scale rollout activities, increasing operational go-live (“OGL”) milestones and strong traction across key state utility programs. The Company achieved significant growth across revenue, profitability and project execution metrics, supported by healthy order book conversion and disciplined operational management.

During the year, Genus Power crossed the milestone of installation of more than 1 crore smart meters under RDSS programs, further reinforcing its position amongst the leading smart metering players in the country. The Company also continued to maintain strong manufacturing throughput, with manufacturing capacity currently exceeding 18 million meters annually, enabling it to support both captive AMISP requirements as well as supplies to utilities and other AMISP operators. We remain highly confident on the long-term opportunity landscape, as against an estimated requirement of over 31-32 crore smart meters in India, only ~15.6 crore meters have so far been tendered, indicating a substantial multi-year growth runway for the industry and the Company.

We remain focused on balancing rapid growth with prudent financial discipline and improving cash flow dynamics as the project base matures and additional projects transition into recurring billing phases. While the business currently requires elevated working capital investments due to simultaneous execution across multiple projects and geographies, we expect gradual normalization in working capital intensity as installations convert into operational projects and cash flow generation improves over the coming quarters.

In addition to the core smart metering business, the Company continues to invest in adjacent opportunities including smart gas meters, smart water meters and export markets, which can emerge as meaningful longterm growth drivers. India’s gas metering opportunity alone could potentially involve nearly 12 crore gas meter installations over the next six to seven years, while water metering is expected to provide significant local and global opportunities over the medium term as utilities increasingly focus on digitization and resource management. Simultaneously, the Company is strengthening its international market presence, with export revenues to scale meaningfully over the next few years.

We expect FY27 to mark another phase of significant scale-up in project execution, with the Company wellpositioned to achieve revenue of approximately Rs. 6,000 - 6,500 crore, driven by increasing rollout intensity across existing projects, AMISP portfolio with all projects having achieved OGL milestone and continued conversion of the large executable order book into revenues. Supported by strong manufacturing capabilities, integrated end-to-end technology offerings, proven execution expertise and disciplined operational management, the Company remains favourably positioned to deliver sustained growth, maintain healthy profitability metrics and further consolidate its leadership position within India’s rapidly evolving smart metering and digital power infrastructure ecosystem.”

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About Genus Power Infrastructures Ltd.:

Genus Power Infrastructures Limited (GPIL) is a BSE- and NSE-listed company and India’s leading provider of end-to-end smart energy measurement solutions for electricity, gas, and water. With major market share, Genus is the country’s largest manufacturer of smart meters for the power sector and a key player in the Advanced Metering Infrastructure Service Provider (AMISP) ecosystem, delivering utility projects under the TOTEX model with integrated hardware, software, infrastructure, and operational services.

Genus offers comprehensive metering solutions, including FMS, communication systems, and proprietary software platforms such as Head End Systems, Meter Data Management (MDM), and mobile applicationsenabling remote monitoring, demand response, and data-driven grid optimization. The company is continuously advancing its platform toward SaaS, cross-energy integrations, and AI-based predictive solutions. With ISO 9001 and ISO 14001 certifications and compliance with IS, IEC, and MID standards, Genus operates large-scale, fully integrated manufacturing facilities in Jaipur, Haridwar, and Guwahati. Its automated SMT lines, robot-assisted moulding, and lean manufacturing processes — supported by complete forward and backward integration—ensure precision, speed, and consistent quality.

Backed by a Government of India–recognized R&D centre, Genus delivers innovative, reliable, and energyefficient technologies for utilities in India and across Africa, the Middle East, Southeast Asia, Pacific, and SAARC regions. A key enabler of India’s National Smart Grid Mission, Genus Power is shaping the future of smart energy management through productivity, innovation and purpose. Our focus remains on delivering innovative, customized solutions at an affordable cost, supported by robust in-house R&D and state-of-the-art manufacturing facilities, accredited by the Ministry of Science and Technology, Government of India. In a world transitioning toward renewable and decentralized power, we ensure that energy does not merely exist — it propels prosperity by working effortlessly for every user.

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

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.

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For further details please contact:

Company:	Investor Relations Advisors:
Genus Power Infrastructures Ltd CIN No: L51909UP1992PLC051997 Ankit Jhanjhari Email id:cs@genus.in	Strategic Growth Advisors Pvt Ltd. CIN No: U74140MH2010PTC204285 Shogun Jain / Parin Narichania Email id:shogun.jain@sgapl.net/ parin.n@sgapl.net Tel No: 7738377756 / 9930025733

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