Kody Technolab Files Revised FY26 Financials; Reports Growth and Leadership Changes

Kody Technolab Limited's Board of Directors filed a revised integrated filing for the half year and year ended 31st March, 2026, submitted on 7th May, 2026. The revision corrects inadvertent clerical and grouping errors identified in the Consolidated Cash Flow Statement and Balance Sheet. The company clarified that all other figures and disclosures in the financial results remain unchanged, with no impact on revenue from operations, profit before or after tax, earnings per share, net worth, or total cash and cash equivalents. The statutory audit was conducted by M/s. Khandhar & Associates, Chartered Accountants, who issued an unmodified opinion on both standalone and consolidated financial results.

Standalone Financial Performance

The company's standalone financial results for the year ended 31st March, 2026 reflect growth across key income metrics compared to the previous year. The following table summarises the standalone audited financial results (Amount in Lakhs):

Metric:	H2 FY26 (31/03/2026) Audited	H1 FY26 (30/09/2025) Unaudited	H2 FY25 (31/03/2025) Audited	FY26 Full Year Audited	FY25 Full Year Audited
Revenue from Operations:	5,080.27	3,320.90	3,177.95	8,401.17	7,177.18
Other Income:	619.01	28.17	95.50	647.18	125.14
Total Revenue:	5,699.28	3,349.07	3,273.45	9,048.35	7,302.32
Total Expenses:	3,513.03	2,457.64	2,240.15	5,970.67	4,899.11
Profit Before Tax:	2,186.25	891.43	1,033.30	3,077.68	2,403.21
Total Tax Expenses:	665.81	225.88	291.35	891.69	640.97
Net Profit (Continuing Operations):	1,520.44	665.55	741.95	2,185.99	1,762.24
Basic EPS (₹):	10.64	5.22	5.82	15.29	13.82
Diluted EPS (₹):	10.42	4.71	5.25	15.13	12.46

On a standalone basis, paid-up equity share capital stood at ₹1,429.35 lakhs as at 31st March, 2026, compared to ₹1,274.76 lakhs as at 31st March, 2025. The standalone balance sheet total stood at ₹24,137.16 lakhs as at 31st March, 2026, against ₹11,174.10 lakhs as at 31st March, 2025. Cash and cash equivalents at the end of the year stood at ₹4,258.22 lakhs, compared to ₹418.96 lakhs at the beginning of the year.

Consolidated Financial Performance

The consolidated audited financial results for the year ended 31st March, 2026 are presented below (Amount in Lakhs):

Metric:	H2 FY26 (31/03/2026) Audited	H1 FY26 (30/09/2025) Unaudited	H2 FY25 (31/03/2025) Audited	FY26 Full Year Audited	FY25 Full Year Audited
Revenue from Operations:	4,860.36	3,167.82	3,177.95	8,028.18	7,177.18
Other Income:	644.25	28.27	95.50	672.52	125.14
Total Revenue:	5,504.61	3,196.09	3,273.45	8,700.70	7,302.32
Total Expenses:	3,585.05	2,411.06	2,240.15	5,996.11	4,899.11
Profit Before Tax:	1,919.56	785.03	1,033.30	2,704.59	2,403.21
Total Tax Expenses:	662.14	225.56	291.40	887.70	640.97
Net Profit (Continuing Operations):	1,228.35	447.89	741.90	1,676.24	1,762.24
Basic EPS (₹):	8.59	3.51	5.82	11.73	13.82
Diluted EPS (₹):	8.50	3.17	5.25	11.60	12.46

The consolidated balance sheet total stood at ₹26,610.95 lakhs as at 31st March, 2026, compared to ₹11,183.44 lakhs as at 31st March, 2025. Consolidated cash and cash equivalents at the end of the year were ₹4,285.54 lakhs, against ₹419.77 lakhs at the beginning of the year. Reserves and surplus on a consolidated basis stood at ₹18,441.22 lakhs as at 31st March, 2026.

Leadership Restructuring

The Board approved a series of senior leadership changes effective 6th May, 2026. Mr. Sanjaykumar Kidecha tendered his resignation as Chief Operating Officer due to a change in designation, and was simultaneously appointed as Chief Executive Officer. The company confirmed that there are no material reasons for his resignation other than those stated in his resignation letter. The key appointments are summarised below:

Appointment:	Name:	Designation:	Effective Date:
CEO:	Mr. Sanjaykumar Kidecha	Chief Executive Officer	6th May, 2026
COO:	Mr. Nirav Panchal	Chief Operating Officer	6th May, 2026
CMO:	Mr. Savant Fernandez	Chief Marketing Officer	6th May, 2026

Mr. Sanjaykumar Kidecha holds a Bachelor in Engineering and joined the company on March 21, 2023, bringing an overall experience of 8 years in Finance and Accounts related matters. Mr. Nirav Panchal is a solutions-driven marketing and operations leader with a postgraduate background in Management and 18+ years of experience across diverse roles, and has been involved in taking robotics deployments to live client rollouts across India and UAE markets. Mr. Savant Fernandez brings over 14 years of experience across strategic marketing, go-to-market planning, brand development, and corporate communications, with a 3-year association with the company during which he led the market entry strategy for the company's robotics portfolio in India.

Secretarial Auditor Appointment and Fund Utilisation

The Board also appointed M/s. Jitendra Parmar & Associates, Company Secretaries, Ahmedabad (FRN: S2023GJ903900) as Secretarial Auditor of the company for the Financial Year 2025-26. The firm is a peer-reviewed firm under ICSI with over 9 years of corporate legal experience across private as well as public listed companies, with expertise in Corporate Laws, Financial Management, Business Management, Income Tax Planning, and GST Laws.

The Board reviewed the Statement of Deviations/Variations for proceeds of preferential issues. For the preferential issue of equity shares dated 19th February, 2026, the amount raised was Rs.15,00,52,500/-, with no deviation or variation reported in the utilisation of funds. For the preferential issue of convertible warrants dated 19th February, 2026, the amount raised was Rs.16,49,94,375/-, with no deviation reported. For a separate preferential issue of convertible warrants, the total amount raised was Rs.65,58,00,000/-, and no deviation or variation in fund utilisation was reported for the half year ended 31st March, 2026. The company operates in a single segment, namely IT and IT-enabled services, and AS17 relating to segment-wise reporting is accordingly not applicable.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.00%	+8.87%	-0.84%	+15.56%	-14.27%	+331.99%

Kody Technolab , a technology company, has announced a strategic partnership with Falcon Tech Robotics and Hypermedia to launch the 360 Odigo Robot. This collaboration marks a significant step for Kody Technolab as it aims to strengthen its position in the Middle East robotics market.

Key Partnership Details

Partner	Role
Kody Technolab	Main company
Falcon Tech Robotics	Collaboration partner
Hypermedia	Collaboration partner

Product Launch

The partnership focuses on the launch of the 360 Odigo Robot, a new product that could potentially enhance Kody Technolab's offerings in the robotics sector. While specific details about the robot's capabilities and features are not provided, the collaboration suggests a combined effort to leverage each company's expertise in bringing this product to market.

Strategic Implications

This partnership appears to be a strategic move for Kody Technolab, with several potential benefits:

Market Expansion: By partnering with established players in the Middle East, Kody Technolab may be able to expand its presence in the region's robotics market.
Technological Synergy: The collaboration could lead to the integration of complementary technologies from each partner, potentially resulting in a more advanced or versatile product.
Competitive Positioning: Launching the 360 Odigo Robot might help Kody Technolab differentiate itself in the competitive robotics industry.

While the announcement signals Kody Technolab's ambitions in the robotics sector, it's important to note that the success of this venture will depend on various factors, including the product's performance, market reception, and the effectiveness of the partnership.

Investors and industry observers will likely be watching closely to see how this collaboration unfolds and what impact it may have on Kody Technolab's market position and financial performance in the coming months.