Odyssey Corporation has filed its annual report for FY26, disclosing a standalone revenue from operations of ₹4,661.53 lakh and a profit after tax (PAT) of ₹967.25 lakh. The Board approved the results on September 4, 2026, recommending a final dividend of Re 0.05 per share.

The company's 31st Annual General Meeting (AGM) is scheduled for Wednesday, September 30, 2026. Shareholders will vote on the adoption of audited financial statements and the re-appointment of Ms. Tanaisha Devang Vyas as a Non-Executive Non-Independent Director.

Financial Performance for FY26

Standalone revenue grew significantly to ₹4,661.53 lakh from ₹2,833.99 lakh in the previous year. Profit before tax rose to ₹1,127.81 lakh compared to ₹329.76 lakh in FY25. Consolidated revenue stood at ₹4,937.73 lakh with a consolidated PAT of ₹982.73 lakh.

AGM Agenda and Corporate Actions

The AGM will be held via Video Conferencing or Other Audio Visual Means (OAVM) starting at 11:00 am. Key agenda items include the appointment of M/s CLB & Associates as Statutory Auditors for five years, replacing M/s ABN & Co. E-voting commences on September 26, 2026, and concludes on September 29, 2026.

The register of members and share transfer books will remain closed from September 24 to September 30, 2026. If declared at the AGM, the dividend will be paid within 30 days to shareholders on record as of September 23, 2026.

Auditor Appointment

M/s CLB & Associates is appointed as Statutory Auditors starting from the conclusion of the 31st AGM. M/s Jaymin Modi & Co. serves as the Scrutinizer for the e-voting process. Wilson Marshal John, Whole Time Director, signed the disclosure.

Odyssey Corporation reported a standalone net profit of ₹6.42 crore for the quarter ended June 30, 2026, marking a 397% year-on-year increase from ₹1.29 crore in Q1FY26. Consolidated net profit rose to ₹6.49 crore from ₹1.56 crore during the same period. The significant profit growth was largely attributed to a surge in other income rather than operational performance, highlighting a divergence between top-line sales and bottom-line results.

Standalone revenue from operations fell to ₹13.21 crore in Q1FY27, down from ₹6.75 crore in Q1FY25 but significantly lower than the ₹19.79 crore recorded in the preceding quarter (Q4FY26). However, other income jumped to ₹6.99 crore from ₹1.19 crore year-on-year, providing a substantial boost to the bottom line. The Board of Directors approved the unaudited financial results at a meeting held on August 10, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Overview

The company’s financials for the quarter reflect the impact of capital structure changes and non-operating gains. Equity share capital increased to ₹44.75 crore from ₹40.82 crore following the conversion of warrants.

For the full fiscal year FY26, standalone net profit stood at ₹9.67 crore compared to consolidated net profit of ₹9.82 crore. Total comprehensive income for the quarter was ₹12.38 crore on a standalone basis and ₹12.45 crore on a consolidated basis.

What the Numbers Show

The most notable aspect of Odyssey Corporation’s Q1FY27 results is the disproportionate contribution of other income to net profit. While operational revenue declined sequentially from ₹19.79 crore in Q4FY26 to ₹13.21 crore, other income surged nearly six-fold year-on-year. This indicates that the reported profit growth is not driven by core business operations but by non-recurring or financial gains. Investors should note that reserves excluding revaluation reserve stood at zero as of the reporting date, down from ₹130.53 crore in the previous audited balance sheet, suggesting potential adjustments or transfers in equity accounts.

Capital Structure Changes

During the quarter, the company converted 78.5 lakh warrants of ₹14 each into an equal number of equity shares of ₹5 each, with a premium of ₹9 per warrant credited to the securities premium account. This transaction increased equity capital from ₹40.82 crore to ₹44.75 crore. Additionally, 75.5 lakh warrants amounting to ₹2.64 crore lapsed and were forfeited by the company. The statutory auditors carried out a limited review of the financial results and expressed an unqualified opinion.