Power Surge: 4 Smart Meter Stocks Lighting Up Profit Charts

 

India’s smart meter revolution is gaining steam, and a few standout stocks are riding the wave with explosive profit growth. With the market projected to grow at a 15% CAGR through 2033, these companies are seeing strong tailwinds from digital grid upgrades and energy efficiency mandates.

 

Key Highlights:

•⁠  ⁠Genus Power Infrastructures: Posted a 412% YoY profit jump in Q4 FY25 and a 3-year CAGR of 76%, driven by turnkey smart metering projects.

 

•⁠  ⁠Syrma SGS Technology: Reported 58% YoY profit growth and a 3-year CAGR of 48%, with exposure to smart meters, automotive, and telecom sectors.

 

•⁠  ⁠HPL Electric & Power: Clocked a 3-year CAGR of 214%, benefiting from rising demand for smart metering and electrical equipment.

 

•⁠  ⁠Adani Energy Solutions: Though facing recent stock volatility, it boasts a 5-year CAGR of 19.6% and is expanding aggressively into smart metering and grid solutions.

 

Outlook:

With India targeting 250 million smart meter installations by 2030, these companies are well-positioned for long-term growth. Investors should watch for order book strength, margin expansion, and policy tailwinds as key catalysts.

 

 Source: Trade Brains