Genus Power Infrastructures (GPIL), incorporated in 1992, is engaged in the manufacture and distribution of electronic energy meters, power distribution management projects, hybrid microcircuits, inverters, batteries, home UPS and online UPS in India and abroad. The company is part of $300 million Kailash Group.
Currently, GPIL has manufacturing facilities at Jaipur and Alwar in Rajasthan and Haridwar in Uttaranchal. It owns a subsidiary namely Genus Urja (formerly as Genus Consumer Products) that is engaged in generation of power. Headquartered in Jaipur, India, the company also has offices in USA, Singapore and China.
Genus exports its products to UK, USA, as well as developing countries including Korea, Singapore, Germany, Brazil and Ireland,among others. The company has received ISO 9001: 2000 certification for its quality management.
The company has clientele namely Ahmedabad Electricity Co, Surat Electricity Co, Tata Power, KSEB, ASEB, RSEB, MSEB, MPSEB (state electricity boards), UPPCL, UPCL, DHBVNL, JKPDD among others, ITI – Bangalore / Mankapur / Rai Bareli CDOT – Bangalore / New Delhi, Central Electronics, BSNL – Bangalore / Thiruvanthpuram / Chennai, DRDO – Jodhpur Maruti Udyog, Instrumentation– Kota, BEL – Bangalore / Kotdwar and Reliance Energy.
Products
Genus manufactures residential meters, industrial meters, grid meters, group meters, AMR solutions,
reference meters, special meters and Software for electricity management server. the company manufactures batteries, solar products, UPS and inverters.
It undertakes engineering construction and contracts and also manufactures hybrid micro units.
Key Highlights
- 1992– The company was incorporated as Genus Overseas Electronics.
- 1994– Genus established a manufacturing unit for thick film hybrid microcircuits and SMT PCB assemblies.
- 1996– It launched unique tamper proof single and three phase electronic energy meters in India.
- 1997– The company received ISO 9001:1994 and IECQ certifications.
- 1998– The company emerged as the largest manufacturer of energy meters.
- 1999– Genus launched multi–functional and multi–tariff meters.
- 2002– The company’s design and development received recognition by Department of Scientific and Industrial Research, Government of India.
- 2004– It launched India’s first ‘Sure Sine Wave Super Inverter’. Genus installed lean manufacturing by collaborating with TBM consultants, USA.
- 2005– It launched AMR/pre–payment meter. Company forayed in projects related to power distribution management.
- 2006– Genus formed two joint venture companies in Brazil. The company set up a manufacturing unit located at Haridwar
- 2007– it implemented ERP software package SAP successfully
- 2009 – First company in India with STS certification for its prepayment meters
- 2010 – Solar Hybrid Inverters launched
- 2011 – Outstanding Performance award by NDPL Towards AT& loss Reduction.
First company in india with SABS certification for its prepayment meters.
Awards
In the year 2000, the company was rated as 7th turnaround company of India by Business World, India
The company was amongst top 100 Electronic companies in India by EFY in the year 2004.
It was first in India to receive DLMS certification for energy meters in the year 2007.
My Outlook For the Stock:
Genus has the distinction of paying dividends for 13 consecutive years and that it has a very impressive business model and quality management.Genus had posted good results despite the tough environment it was operating in and things would improve dramatically thanks to the Government’s initiatives towards the power and infra sector.
in near future there are so many good things also coming for this sector and "genus" also gets benefits of that, and the stock is consolidated from last 1 year after it made a high of 62.50 ,at current market price it's almost corrected around 50% from it's 52 week high. so, as per my view this is the right time to enter in the stock. i already bought it at 50 at the time of Diwali, accumulated below that price and hold for the target of 90-95 with 1-2 year view.
Genus is a “long-term multi-bagger” stock.
Excellent analysis of Genus power. Now genus should show its jalva😀😀😀
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