The shares of this smallcap stock jumped around 3 percent in Monday’s trading session after reporting an increase in net profits by 112 percent YoY. In one year, the stock has delivered a multibagger return of 102 percent to its shareholders.
Price Movement:
With a market capitalization of Rs. 11,289 crores, the shares of Genus Power Infrastructures Ltd started Monday’s trading session on a higher note at Rs. 383.85, gaining around 3 percent, also recorded as the company’s fresh 52-week high compared to its previous close of Rs. 365.60 apiece.
What Happened:
Such a positive movement in the share price was observed after the company declared Q1FY25 results. Quarterly, the revenue decreased marginally by around 1.4 percent from Rs. 420.12 crores during the March quarter to Rs. 414.16 crores in the June quarter. Contrastingly, the net profits surged by 68 percent from Rs. 29.42 crores to Rs. 48.73 crores during the same timeframe.
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Comparing the same metrics YoY basis, the revenue zoomed by 59 percent from Rs. 261.11 crores during Q1FY24 to Rs. 414.16 crores in Q1FY25. In addition, the net profits magnified by 112 percent from Rs. 23.02 crores to Rs. 48.73 crores during the same period.
Important Financial Ratios:
In terms of key financial metrics, the company reported a Return on Equity (RoE) of 5.51 percent and a return on capital employed (RoCE) of 11.09 percent for the period spanning FY23-24. Furthermore, the net profit margin during FY23-24 was 8.41 percent.
Management Guidance:
For Fiscal Year 2025, the company targets revenue of Rs. 2,500 crores. They also expect an EBITDA of 15 to 16 percent. The revenue guidance is driven by their strong order book valued at over Rs. 21,000 crores, including SPV and GIC platforms.
Furthermore, Genus Power’s growth strategy includes a joint venture with Gem View Investment, aimed at capitalizing on the government’s push for smart metering solutions, with plans to install 25 crore smart meters by 2025.
Shareholding Pattern:
According to the latest shareholding pattern, Promoters hold 42.66 percent of the shares, Foreign Institutional Investors (FIIs) own 17.91 percet, Domestic Institutional Investors (DIIs) hold 4.81 percent, and Retail Investors possess the remaining 34.62 percent.
Company Profile:
Genus Power Infrastructures Limited, incorporated in 1992 is a part of the Kailash Group. It is engaged in manufacturing and providing Metering and Metering Solutions and undertaking ‘Engineering, Construction, and Contracts’ on a turnkey basis.
The company is a market leader in various kinds of meters and has developed ‘smart metering solutions’, with in house R&D centre.
Written By Vaibhav Patil
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