The good meter sector is witnessing a big surge in demand, pushed by the Indian authorities’s push for modernization and power effectivity. Corporations like Genus Energy Infrastructures, HPL Electrical and Energy, and Adani Power Options are on the forefront, boasting strong order books that collectively quantity to Rs. 32,000 crore.
Listed below are a couple of good meter shares with a powerful order ebook price as much as Rs. 32000 Cr
1. Genus Energy Infrastructures Restricted
With a market capitalization of Rs. 11,959.78 crores, Genus Energy Infrastructures Restricted’s share worth closed at Rs. 393.60 per share, up by 2.37 % from its earlier shut of Rs. 384.50.
Genus Energy Infrastructures maintains a sturdy order ebook of INR 31,776 crores as of September 30, 2024, with concessions spanning 8-10 years. The corporate order covers 60% of the good meter market.
Genus Energy Infrastructures Restricted’s income has elevated from Rs. 259 crore in Q2 FY24 to Rs. 487 crore in Q2 FY25, which has grown by 88.03 %. The online revenue of Genus Energy Infrastructures Restricted has elevated by 69.39 % from Rs. 49 crore in Q2 FY24 to Rs. 83 crore in Q2 FY25.
Genus Energy Infrastructures Restricted was established in 1992 and is a part of the Kailash Group. The corporate focuses on manufacturing metering options and offering turnkey engineering companies. The corporate focuses on good metering applied sciences, together with electrical energy, fuel, and water meters, alongside endeavor energy transmission and distribution initiatives.
2. HPL Electrical and Energy Restricted
With a market capitalization of Rs. 3,375.78 crores, HPL Electrical and Energy Restricted’s share worth closed at Rs. 525 per share, down by 1.44 % from its earlier shut of Rs. 532.65
The corporate boasts a sturdy order ebook exceeding Rs. 3,500 crore as of November 9, 2024, guaranteeing short- to medium-term income visibility. Metering, Methods & Providers dominate the order ebook at over 95%, with good meters contributing greater than 99%. Moreover, metering tenders price Rs. 10,000 crore present promising progress alternatives.
HPL Electrical and Energy Restricted’s income has elevated from Rs. 350 crore in Q2 FY24 to Rs. 422 crore in Q2 FY25, which has grown by 20.57 %. The online revenue of HPL Electrical and Energy Restricted has dropped by one hundred pc from Rs. 11 crore in Q2 FY24 to Rs. 22 crore in Q2 FY25.
HPL Electrical and Energy Restricted was established in 1992 and is a outstanding Indian producer specializing in low-voltage electrical tools. Based mostly in Sonipat, the corporate produces a variety of merchandise together with metering options, switchgears, lighting tools, and wires and cables, serving each home and worldwide markets.
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3. Adani Power Options Restricted
With a market capitalization of Rs. 87,651.59 crores, Adani Power Options Restricted’s share worth closed at Rs. 729.65 per share, down by 2.91 % from its earlier shut of Rs. 751.50.
The corporate has secured good meter initiatives price Rs. 27,000 crores throughout states like Maharashtra, Bihar, and Andhra Pradesh. Deployment will start aggressively inside 12–18 months, supported by partnerships with Esyasoft, Airtel, and others. A capex of Rs. 1,000-2,000 crores is deliberate for FY2025 to drive set up efforts.
Adani Power Options Restricted’s income has elevated from Rs. 3,674 crore in Q2 FY24 to Rs. 6,184 crore in Q2 FY25, which has grown by 68.32 %. The online revenue of Adani Power Options Restricted has dropped by 172.18 % from Rs. 284 crore in Q2 FY24 to Rs. 773 crore in Q2 FY25.
Adani Power Options Restricted was established in 2015 and is headquartered in Ahmedabad and is a number one energy transmission firm in India. It operates over 12,200 circuit kilometers, specializing in good power options and serving tens of millions of shoppers, significantly in Mumbai.
Written By – Nikhil Naik
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