GENUSPOWER Business Profile
Genus Power Infrastructure (GENUS) is engaged primarily in the manufacture and distribution of energy meters and undertakes power distribution projects. It was incorporated as Genus Overseas Electronics and got its present name on Mar. 31, 2007. The company is an integral part of the USD 300 million Kailash group, which has business interests in coal, paper, sugar, steel, electronics, besides energy meters. Group companies include Kailash coal and coke Co., Kailash Paper Products, Kailash Industries, KC Mercantile, Genus International Commodities (Singapore), and Genus Electrotech.
The ISO 9001:2000 certified company manufactures high-end programmable multi-functional intelligent single phase and three phase electronic meters with in-built advanced security and anti-tamper features, AMR (automatic meter reader) enabled meters, tri-vector meters, inverters, UPS, hybrid microcircuits and batteries. Turnkey power distribution projects are undertaken to provide complete solutions for power distribution systems.
Manufacturing units are located at Japur in Rajasthan and Haridwar in Uttaranchal with installed capacities of 1.85 million energy meters, 3 million hybrid micro circuits 50,000 taxi meters, 200,000 power inverters and 11 million printed circuit boards. The top-notch R&D laboratory is approved by the Ministry of Science and Technology, Government of India. The company is the first in India to obtain DLMS certification for energy meters.
A joint venture is in place with the Brazil based Mobix, one of the leaders in communication technology, to manufacture electronic energy meters and provide state-of-art AMR technology. In September 2007, the company bagged a prestigious Rs 1.25 billion order for supplying electronic energy meters and execution of turnkey power distribution projects. Catering to domestic clients like Ahmedabad Electricity Co., Surat Electricity Co., Tata Power, and Reliance Energy among others, products and services are offered to major export destinations such as USA, Germany, UK, Ireland, Canada, and Singapore among other countries.
The current market capitalization stands at Rs 244.72 crore. The company has reported a standalone sales of Rs 206.52 crore and a Net Profit of Rs 21.05 crore for the quarter ended September 2013.
The company management includes Ishwar Chand Agarwal - Executive Chairman, Kailash Chandra Agarwal - Non Executive Vice Chairman, Rajendra Kumar Agarwal - Managing Director & CEO, Jitendra Kumar Agarwal - Executive Director, Bhairon Singh Solanki - Independent Director, Rameshwar Pareek - Independent Director, Indraj Mal Bhutoria - Independent Director, Dharam Chand Agarwal - Independent Director, Udit Agarwal - Independent Director, Naveen Gupta - Independent Director.
The Registered office is located at 213, J S Arcade, Sector-18, Noida,Uttar Pradesh - 201301 and corporate office is at SPL-3, RIICO Industrial Area,Sitapura, Tonk Road, Jaipur,JAIPUR - 302022.