Genus Innovation Limited - energy and power in Haridwar, Uttarakhand, India. FY 2026 financials & compliance.
CIN U51311UR1998PLC001289 Incorporated 27 January 1998 ROC Uttarakhand HQ Haridwar, Uttarakhand, India
Active Public Limited Company energy and power MSME · Medium
Data last updated
Revenue · FY 2025
₹301.24 Cr
▼ 9% YoY
Net profit · FY 2025
₹2.94 Cr
Net margin 1%
EBITDA · FY 2025
₹29.9 Cr
EBITDA margin 9.9%
Authorised capital
₹30.6 Cr
Registered with MCA
Paid-up capital
₹39.74 Lakh
Issued & subscribed
Open charges
₹337.63 Cr
Satisfied ₹338.75 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
477
Provident fund records

About Genus Innovation Limited

Data last updated:

Genus Innovation Limited is a public limited company based in Haridwar, Uttarakhand, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 27 January 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Uttarakhand, under CIN U51311UR1998PLC001289. Its GSTIN is 05AACCG4460D1Z2 (Uttarakhand). The company holds 23 GST registrations, of which 18 are active.

The company has an authorised share capital of ₹30.6 Cr and a paid-up capital of ₹39.74 Lakh. It was formerly known as K. C. Mercantile Ltd and K.C. Mercantile Limited. It is led by directors including Narayan Prasad Todi (Whole-Time Director) and Yash Todi (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 22 Begumpur Industrial Area Ip – IV Bahadrabad, Haridwar, Uttarakhand, India – 249402.

As per the financials filed for FY 2025, the company reported a revenue of ₹301.24 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.94 Cr (net margin 1%) and EBITDA of ₹29.9 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 7% over five years.

The company has about 477 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 2 brands: Genus Innovation and Genus Power Infrastructure. As per MCA filings, the company has open charges of ₹337.63 Cr and satisfied charges of ₹338.75 Cr on record. Court records list 26 cases involving the company, including 20 filed by the company and 6 filed against it; 3 cases are pending.

Genus Innovation Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0000160). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website genusinnovation.com.

Company details

CIN U51311UR1998PLC001289
Registration Number 001289
Incorporation Date 27 January 1998
ROC Uttarakhand
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-RJ-17-0000160

Name history

Genus Innovation has undergone 2 name changes throughout its history. The company was previously known as K. C. Mercantile Ltd, and K.C. Mercantile Limited. The current legal name is Genus Innovation Limited.

Company NameStatus
Genus Innovation LimitedCurrent
K. C. Mercantile LtdPrevious
K.C. Mercantile LimitedPrevious

CIN history

Genus Innovation has one previous CIN (Corporate Identification Number): U51311RJ1998PLC014605. The current CIN is U51311UR1998PLC001289, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U51311UR1998PLC001289Current
U51311RJ1998PLC014605Previous

Recognitions & Rankings of Genus Innovation

MSME (Udyam registered) Ministry of MSME
Category
Medium (2022-23)
Udyam number
UDYAM-RJ-17-0000160

Contact details

Genus Innovation Limited's registered office is in Haridwar, Uttarakhand. Its website is genusinnovation.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Plot No. 22 Begumpur Industrial Area Ip – IV Bahadrabad, Haridwar, Uttarakhand, India – 249402
  • Industry
    Energy and Power, Power Equipment Manufacturers

To see the full contact details of Genus Innovation Limited, buy the company report.

Comprehensive company report
Genus Innovation Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Genus Innovation operates two associated brands: Genus Innovation and Genus Power Infrastructure. Each brand links to its own profile.

BrandDescriptionWebsite
Designs and manufactures inverters, UPS, batteries, and solar solutions for power backup.genusinnovation.com
Advanced metering infrastructure, smart meters and, solar panel manufacturergenus.in

Business activity

The main business activity of Genus Innovation is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment and electrical equipment, general purpose and special purpose machinery & equipment, transport equipment. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC9Computer, electronic, Communication and scientific measuring & control equipment
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Genus Innovation Limited, buy the company report.

Financials of Genus Innovation Limited

FY 2025 filings available

Genus Innovation Limited reported revenue of ₹301.24 Cr (down 9% YoY) for FY 2025.

Revenue · FY 2025
₹301.24 Cr ▼ 9%
Net profit · FY 2025
₹2.94 Cr margin 1%
EBITDA · FY 2025
₹29.9 Cr margin 9.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 3%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 8%
5 years · compounded
▲ 9%

Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 32% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹29.9 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.94 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin9.9%
Net Profit Margin1%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Genus Innovation Limited, buy the company report.

Board of directors of Genus Innovation Limited

Genus Innovation has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sharmila AgarwalDirector13 May 20197 Years 5 MonthsCurrent
Udit AgarwalAdditional Director29 Mar 20251 Years 7 MonthsCurrent
Narayan Prasad TodiWhole-Time Director01 Apr 200818 Years 7 MonthsCurrent
Dharam Chand AgarwalAdditional Director29 Mar 20251 Years 7 MonthsCurrent
Yash TodiWhole-Time Director01 Aug 20188 Years 3 MonthsCurrent

Auditor

Genus Innovation Limited is audited by D. Khanna & Associates for the financial year 2025.

Auditor firmFinancial yearFirm registration number
D. Khanna & AssociatesFY 2025012917N

Shareholding

The shareholding of Genus Innovation Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2025FY 2024FY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Genus Innovation Limited, buy the company report.

Charges & borrowings

Open charges
₹337.63 Cr
Satisfied charges
₹338.75 Cr
Breakdown by lending institutions
Others₹337.50 Cr
Hdfc Bank Limited₹0.13 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Jan 2026101226430Others₹103.34 CrOpen
14 Nov 2025101194288Others₹10 CrOpen
24 Feb 2025101063469Others₹5 CrOpen
16 Nov 2024101013519Others₹55 CrOpen
25 Jan 2023100672674Hdfc Bank Limited₹13.35 LakhOpen

To see the full charge records of Genus Innovation Limited, buy the company report.

Total charge records: 18 View all charges

MSME payment delays

Genus Innovation Limited has 18 MSME Form 1 returns on record between 2019 and 2024, listing 2,305 overdue payments to 206 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 206)

SupplierAmount dueDue sinceReported on
Multi Modal Overseas Private Limited
an individual supplier
Gahlot Electronics Private Limited
Truworth Infotech Private Limited
Rapidbox Logistics Private Limited

To see the full MSME payment records of Genus Innovation Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Genus Innovation has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.

1
Subsidiary companies
1
Associated companies
Key subsidiaries
Company NameCINShares held
Genus Mobility Solutions LimitedU72100DL2013PLC253588

To see the full group structure of Genus Innovation Limited, buy the company report.

Employees & EPFO

Genus Innovation Limited has a workforce of 477 employees on its EPFO records as of Oct 11, 2025, across 2 active EPFO establishments.

Employee count
477
Active EPFO establishments
2
Employee growth
3.7%

GST

Genus Innovation has 23 GST registrations: 18 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
23
Active
18
Cancelled / inactive
5
GSTINStateStatusRegistered on
05AACCG4460D1Z2UttarakhandActive01 Jul 2017
05AACCG4460D2Z1UttarakhandActive26 Mar 2025
03AACCG4460D1Z6PunjabActive01 Jul 2017
06AACCG4460D1Z0HaryanaActive01 Jul 2017

To see the full GST registrations and return filing status of Genus Innovation Limited, buy the company report.

Recent activity

Genus Innovation Limited has 17 board changes on record since 2008: 6 appointments and 11 cessations. The latest: Dharam Chand Agarwal was appointed as Additional Director on 29 Mar 2025.

Charges
A charge with Others amounted to Rs. 103.34 Cr with Charge ID 101226430 was registered on 22 Jan 2026.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101194288 was registered on 14 Nov 2025.
AGM
Genus Innovation Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Genus Innovation Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttarakhand.
Appointed
Dharam Chand Agarwal was appointed as Additional Director.
Appointed
Udit Agarwal was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101063469 was registered on 24 Feb 2025.
Charges
A charge with Others amounted to Rs. 55.00 Cr with Charge ID 101013519 was registered on 16 Nov 2024.
Charges
A charge with Others of Rs. 151.98 Cr registered on 01 Jun 2016 with Charge ID 100034785 was modified on 08 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 100672674 was registered on 25 Jan 2023.
Ceased
Amrit Lal Todi ceased to be Director.
Charges
A charge registered on 30 May 2020 via Charge ID 100341314 with Others was fully satisfied on 08 Jun 2022.

37 earlier events are in the company report.

Frequently asked questions

Genus Innovation is an active public limited company based in Haridwar, Uttarakhand, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 27 January 1998 (28+ years old) and is registered under CIN U51311UR1998PLC001289.

Genus Innovation has 5 current directors:

The latest financial statements of Genus Innovation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Genus Innovation is 05AACCG4460D1Z2, registered in Uttarakhand. The company has 23 GST registrations in all, of which 18 are active and 5 are cancelled or inactive. Other active GSTINs include 05AACCG4460D2Z1 (Uttarakhand), 03AACCG4460D1Z6 (Punjab), 06AACCG4460D1Z0 (Haryana).

The CIN (Corporate Identification Number) of Genus Innovation is U51311UR1998PLC001289. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Genus Innovation has 26 court cases on record: 20 filed by the company and 6 filed against it. 3 are pending. Most are in the high courts.

Genus Innovation was incorporated on 27 January 1998, making it 28+ years old. It is registered with the Registrar of Companies, Uttarakhand.

Dharam Chand Agarwal was appointed as Additional Director on 29 Mar 2025. Udit Agarwal was appointed as Additional Director on 29 Mar 2025. Amrit Lal Todi ceased to be Director on 26 Aug 2022. Genus Innovation has 17 board changes on record in total.

Yes, Genus Innovation is registered as a medium enterprise under Udyam registration (number: UDYAM-RJ-17-0000160).

Genus Innovation has 18 MSME Form 1 returns on record between 2019 and 2024, listing 2,305 overdue payments to 206 micro and small suppliers. The latest return was filed on 23 Apr 2024.

Genus Innovation can be reached through the website genusinnovation.com. Its registered office is in Haridwar, Uttarakhand, India.