• Revenue and margin guidance: Genus has guided for ₹6,000 to ₹6,500 crore in revenue for the upcoming financial year and remains confident in maintaining an 18% EBITDA margin despite cost pressures.
• Electricity meter demand: India requires 31 to 32 crore smart electricity meters with only 15.6 crore ordered and 6.5 crore installed to date, offering strong domestic market visibility over the next five years.
• Bidding pipeline: Around 7 to 8 crore smart meter tenders will be decided in the next 9 to 12 months, with Genus planning to bid on all tenders to sustain its market share after winning 3.61 crore of the 15.5 crore meters awarded so far.
• Gas meter opportunity: Government mandates to convert existing setups and add 12 crore smart gas meters present a ₹35,000 crore addressable market over the next five to six years, while water metering is also beginning to gain traction.