Genus Power Infrastructures Limited, a smart metering solutions provider, announced its audited financial results for the quarter and year ended 31 March 2025 on 31 May 2025.

Key Highlights:

• As on 31 March 2025, the total order book, including all SPVs and GIC Platform, stands at approximately ₹ 30,110 crore (net of taxes). These concessions are for 8-10 years, providing robust future revenue visibility.

Q4 FY25 Standalone Performance:

• Revenue stood at ₹ 936.8 crore, a significant increase of 123% compared to ₹ 420.1 crore in Q4 FY24, driven by accelerated execution of smart metering projects.
• EBITDA reached ₹ 208.5 crore, up 276% from ₹ 55.5 crore in Q4 FY24. EBITDA margin improved significantly by 905 basis points year-on-year to 22.3%, reflecting operating leverage and cost control.
• Profit After Tax (PAT) was ₹ 129.3 crore, more than quadrupling from ₹ 31.4 crore in Q4 FY24, translating strong operating growth into bottom-line gains.

FY25 Standalone Performance:

• Revenue more than doubled to ₹ 2,442.0 crore from ₹ 1,200.6 crore in FY24.
• EBITDA stood at ₹ 469.9 crore, up 247% from ₹ 135.3 crore in FY24. EBITDA margin improved by 797 basis points year-on-year to 19.2%.
• Profit After Tax (PAT) was ₹ 298.2 crore, marking a 297% increase from ₹ 75.2 crore in FY24.

Other Developments:

• The Hon'ble National Company Law Tribunal (NCLT), Allahabad Bench, sanctioned the Scheme of Arrangement for the demerger of the Strategic Investment Business of Genus Power Infrastructures Ltd into Genus Prime Infra Ltd via its order dated 24 April 2025.

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

• "FY25 has been a breakthrough year for Genus Power, marked by outstanding growth, strong execution, and significant margin expansion."
• "Our business continues to benefit from the accelerated rollout of smart metering projects under RDSS, the robustness of our integrated operations, and the trust placed in us by utilities across the country."
• He highlighted the robust Q4 FY25 revenue growth of 123% year-on-year and 55% sequentially, driven by project execution ramp-up and enhanced smart meter offtake.
• Mr. Agarwal noted the sharp margin expansion in both Q4 and full-year FY25, attributing it to operating leverage and disciplined cost structures.
• He mentioned that while working capital saw temporary elongation during the execution ramp-up, it is expected to normalize as project lifecycles mature.
• The strategic backward integration into software solutions like Meter Data Management (MDM) and Head-End Systems (HES) further enables better control and long-term operating leverage.
• He affirmed the company's healthy balance sheet, well-contained net debt, and future JV-related investments largely funded through internal accruals.
• Despite temporary moderation in fresh tendering, the current order book offers multi-year revenue visibility, and the company is confident of sustaining its growth trajectory.