Unfortunately, neither genus or hpl provide the cost they are charging for smart meters or margins, I have only read the last 2-3 concalls at most so not sure if this was provided before or maybe I missed that. HPL did state in the recent concall that they don’t provide the number due to competitive reasons. We would probably need to do some approximations to get potential revenue and margins.
Overall, HPL and Genus have not more than 2 cr meters / year capacities (with expansions) and to get to 15 cr installations within 3-4 years, there is enough scope for Salzer to not underprice their product. Purely my gut feeling.
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