Kody Technolab Reports Audited Financial Results and Key Leadership Changes
Kody Technolab Limited announced key outcomes from its Board of Directors meeting held on May 6, 2026, including the approval of its standalone and consolidated audited financial results for the half and year ended March 31, 2026. The meeting also formalized several senior management transitions and appointments.In terms of governance, the Company reported the resignation of Mr. Sanjaykumar Kidecha from his post as Chief Operating Officer (COO) effective May 6, 2026. The resignation was accepted following his promotion to Chief Executive Officer (CEO).
The Board also announced several strategic appointments:
- Mr. Sanjaykumar Kidecha was appointed as Chief Executive Officer (CEO) effective May 6, 2026.
- Mr. Nirav Panchal was appointed as Chief Operating Officer (COO) effective May 6, 2026.
- Mr. Savant Fernandez was appointed as Chief Marketing Officer (CMO) effective May 6, 2026.
- M/s. Jitendra Parmar & Associates, Company Secretaries, Ahmedabad, were appointed as Secretarial Auditor of the Company for the Financial Year 2025-26.
Financial Performance Highlights (As of March 31, 2026)
The Company released detailed financial statements for the half and year ended March 31, 2026. Key figures for the standalone results are provided below.Standalone Audited Financial Results (Amounts in Lakhs)
| Metric | Half Year ended 31/03/2026 | Year to date figures for the year ended 31/03/2026 |
|---|---|---|
| Total Revenue | 5,699.28 | 9,048.35 |
| Total Expenses | 3,513.03 | 5,970.67 |
| Profit Before Tax | 2,186.25 | 3,077.68 |
| Profit/(Loss) for the Period | 1,520.44 | 2,185.99 |
| Basic Earnings Per Share (EPS) | 10.64 | 15.29 |
The Consolidated Statement of Audited Financial Results shows the following consolidated revenue and profit figures:
Consolidated Financial Results (Amounts in Lakhs)
| Metric | Half Year ended 31/03/2026 | Year to date figures for the year ended 31/03/2026 |
|---|---|---|
| Total Revenue | 5,504.61 | 8,700.70 |
| Total Expenses | 3,585.05 | 5,996.11 |
| Profit Before Tax | 1,919.56 | 2,704.59 |
| Profit/(Loss) for the Period | 1,228.35 | 1,676.24 |
Financial Position Overview
The balance sheet statements reflect the Company’s financial standing, with significant movements observed in equity and liabilities.Standalone Assets and Liabilities (Amounts in Lakhs)
| Particulars | As on 31st March, 2026 | As on 31st March 2025 |
|---|---|---|
| Total Equity & Liabilities | 24,137.16 | 11,174.10 |
| Total Assets | 24,137.16 | 11,174.09 |
Consolidated Assets and Liabilities (Amounts in Lakhs)
| Particulars | As on 31st March, 2026 | As on 31st March 2025 |
|---|---|---|
| Total Equity & Liabilities | 26,610.95 | 11,168.74 |
| Total Assets | 26,610.95 | 11,168.74 |
The Company's cash flow statement noted that the net cash from operating activities was ₹398.26 Lakh for the year ended March 31, 2026, compared to ₹992.66 Lakh for the same period in the previous year. The net cash flow from financing activities totaled ₹9,961.34 Lakh.
KODYTECH Stock Price Movement
On Wednesday, Kody Technolab Limited shares rallied to close at ₹751.5, edging higher by 2.00% from the previous session. The stock finished significantly above its previous day’s closing level of ₹736.8.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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