Kody Technolab Ltd – Company Report
1. Company Overview
Kody Technolab Ltd, incorporated in 2017 and headquartered in Ahmedabad, Gujarat, is a fast-growing technology and robotics company focused on AI-driven innovation and digital transformation. With operations spanning India, USA, Canada, and the UK, Kody serves clients globally across robotics, IoT, and custom software development verticals. The company went public in April 2023 and is listed on the National Stock Exchange (NSE). Its portfolio integrates robotics manufacturing, enterprise automation, and AI-led consulting for multiple sectors.
- Incorporated: 2017
- Headquarters: Ahmedabad, Gujarat, India
- Listed On: NSE
- Market Cap (July 2025): ~₹949 crore
- Focus Areas: Robotics, AI, IoT, custom software, digital transformation
- Employee Strength: 50–200
2. Products and Services
Kody Technolab delivers intelligent automation solutions and scalable technology platforms, with a strong blend of product development, software services, and robotics exports:
Robotics Solutions:
Flagship Products:
- Dasher (Serving Robot)
- Odigo (Advertising Robot)
- Vulcan (Cleaning Robot)
- Athena (Surveillance Robot)
- Skändä – India’s first indigenous AI humanoid
Industries Served:
- Hospitality, events, public safety, retail, cleaning, and industrial sectors
Precision Agriculture Robotics:
- Development of drones and autonomous farm solutions in partnership with Indowings and Ray Nano
Custom Software & AI Integration:
- Enterprise software development (web and mobile)
- IoT solutions and legacy system modernization
- Full-stack development and AI consultancy for enterprise transformation
Global Deployments & Collaborations:
- Exports to Europe and the Middle East
- Joint ventures and MoUs with partners in UAE, India, and Africa
- Custom robot manufacturing for client-specific industrial needs
3. Recent News and Financial Performance
Business Developments:
- November 11, 2025: Kody Technolabs JV company Falcon Tech Robotics LLC has signed an agreement with LuLu Group International to deploy 290 Odigo AI-powered robots across LuLu’s hypermarkets and malls in the United Arab Emirates.
- February 11, 2025: Received a work order from Sobha Advanced Industries LLC (UAE) for two AMRs
- February 4, 2025: Formed Falcon Tech Robotics LLC with Platinum Group (UAE) for robotics manufacturing in the Middle East
- December 26, 2024: The company has entered into a Joint Venture (JV) agreement with Platinum Group for Businessmen Services LLC for manufacturing and dealing with robots in the UAE and exporting from the UAE and other GCC countries in the Middle Eastern region.
- October 22, 2024: Signed a MoU with Ray Nano Science for manufacturing robots, drones, and autonomous vehicles
- October 15, 2024: Showcased Odigo robot at GITEX 2024, in collaboration with Etisalat (e &)
- July 8, 2024: Secured a ₹70.67 crore export order for Dasher, Odigo, and Vulcan robots with a five-month delivery timeline
- May 15, 2024: Launched Athena, India’s first commercial autonomous surveillance robot, at Tuneland Festival, GIFT City
- January 12, 2024: Announced ₹30 crore export order for Dasher from international clients
- January 10, 2024: Introduced Skändä, a humanoid AI robot, at Vibrant Gujarat Global Summit 2024; endorsed under “Make in India” by PM Modi
4. Financial Performance (FY2025)
| Key Metric | FY2025 |
|---|---|
| Revenue from Operations | ₹72 crore |
| Net Profit | ₹18 crore |
| Operating Margin | 35% |
| EPS | ₹13.8 |
| Return on Equity (ROE) | 30% |