- Category
- Medium (2022-23)
- Udyam number
- UDYAM-RJ-17-0000160

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
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 Name | Status |
|---|---|
| Genus Innovation Limited | Current |
| K. C. Mercantile Ltd | Previous |
| K.C. Mercantile Limited | Previous |
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.
| CIN | Status |
|---|---|
| U51311UR1998PLC001289 | Current |
| U51311RJ1998PLC014605 | Previous |
Recognitions & Rankings of Genus Innovation
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
- Website
- Social Media
- Registered AddressPlot No. 22 Begumpur Industrial Area Ip – IV Bahadrabad, Haridwar, Uttarakhand, India – 249402
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Genus Innovation Limited, buy the company report.
- 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
Brands
Genus Innovation operates two associated brands: Genus Innovation and Genus Power Infrastructure. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Designs and manufactures inverters, UPS, batteries, and solar solutions for power backup. | genusinnovation.com | |
| Advanced metering infrastructure, smart meters and, solar panel manufacturer | genus.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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | |
| C | Manufacturing | C10 | Electrical 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 availableGenus Innovation Limited reported revenue of ₹301.24 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹29.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.94 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharmila Agarwal Also directs: Genus Innovation Limited | Director | 13 May 2019 | 7 Years 5 Months | Current |
| Udit Agarwal | Additional Director | 29 Mar 2025 | 1 Years 7 Months | Current |
| Narayan Prasad Todi Also directs: Genus Innovation Limited, Genus Apparels Limited, Hi-Print Electromack Private Limited and 3 more | Whole-Time Director | 01 Apr 2008 | 18 Years 7 Months | Current |
| Dharam Chand Agarwal Also directs: Genus Innovation Limited | Additional Director | 29 Mar 2025 | 1 Years 7 Months | Current |
| Yash Todi Also directs: Genus Innovation Limited, Hi-Print Electromack Private Limited, Ganpati Global Private Limited and 5 more | Whole-Time Director | 01 Aug 2018 | 8 Years 3 Months | Current |
Auditor
Genus Innovation Limited is audited by D. Khanna & Associates for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. Khanna & Associates | FY 2025 | 012917N |
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 category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2026 | 101226430 | Others | ₹103.34 Cr | Open | |
| 14 Nov 2025 | 101194288 | Others | ₹10 Cr | Open | |
| 24 Feb 2025 | 101063469 | Others | ₹5 Cr | Open | |
| 16 Nov 2024 | 101013519 | Others | ₹55 Cr | Open | |
| 25 Jan 2023 | 100672674 | Hdfc Bank Limited | ₹13.35 Lakh | Open |
To see the full charge records of Genus Innovation Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Genus Innovation Limited has 26 court cases on record: 20 filed by Genus Innovation, 6 filed against it. 3 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 22 | 5 | 1 |
| District courts | 3 | 1 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Civil suit | Filed by the company against Scott Power Corporation Equipment Trading LLC | Pending |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against Gaston Energy Private Limited | Pending |
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against Gaston Energy Private Limited | Disposed |
| District court, Haridwar, Uttarakhand | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Genus Innovation Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
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)
| Supplier | Amount due | Due since | Reported 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.
| Company Name | CIN | Shares held |
|---|---|---|
| Genus Mobility Solutions Limited | U72100DL2013PLC253588 |
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.
GST
Genus Innovation has 23 GST registrations: 18 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AACCG4460D1Z2 | Uttarakhand | Active | 01 Jul 2017 |
| 05AACCG4460D2Z1 | Uttarakhand | Active | 26 Mar 2025 |
| 03AACCG4460D1Z6 | Punjab | Active | 01 Jul 2017 |
| 06AACCG4460D1Z0 | Haryana | Active | 01 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.
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:
- Narayan Prasad Todi - Whole-Time Director
- Yash Todi - Whole-Time Director
- Sharmila Agarwal - Director
- Udit Agarwal - Additional Director
- Dharam Chand Agarwal - Additional Director
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.

