Jaipur based Genus Power Infrastructure is one
of the largest company making energy meters
in India.It also engaged in Power Distribution
Management Projects, Hybrid microcircuits, Inverters,
Batteries, Home UPS and Online UPS.Genus is the first
company introduced pre-paid energy meters
in India ,having lot of potential in future.
Till FY 2009 company posted very good performance .
In March 2009 company posted a profit of Rs.48 Cr
(excluding extra ordinary item).But in October 2009 ,
there was a fire in Indian Oil depot
in Jaipur - very close to the factory of Genus-broke
out and its factory damaged seriously which led to
production disturbance for few months. This unfortunate
event badly affect the performance of Genus in just
previous FY 2010 ,where company posted a profit
of Rs.15 Cr. But now ,company started production from
its new unit at Haridwar from the beginning of this
financial year. Currently company having an order book
around Rs.900/- Cr which gives good visibility for
earnings in near future. Considering the changed
situation and government thrust in rural
electrification ,there is good future for Genus

Power Infrastructure.Currently it is quoting around Rs.210/- ,a decent BUY.

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