Kody Technolab Ltd.
•₹ 1,4350.27%
2026-08-21
PROS
- Company has a good return on equity (ROE) track record: 3 Years ROE 74.9%
- Company has a healthy return on capital (ROCE) of 45.3%
- Operating margins have improved to 35.1% from 17.9%
- Working capital cycle has improved - days down from 399 to 82
- Company comfortably covers its interest (24.9x coverage)
- Company maintains a comfortable, low leverage position
CONS
- Operating cash flow has been negative in recent years
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.72x)
- Stock is trading at 22.1x its book value
- Free cash flow has been persistently negative
- Rich enterprise valuation - EV/EBITDA of 46.1x
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | TCS | 2287.00 | 16.62 | 827456.62 | 4.81 | 13420.00 | 4.69 | 72275.00 | 13.93 | 66.25 | 25.67 |
| 2. | INFY | 1117.05 | 14.97 | 453305.21 | 4.30 | 7775.00 | 12.29 | 48211.00 | 14.03 | 42.84 | 23.66 |
| 3. | HCLTECH | 1322.50 | 20.60 | 358882.21 | 4.08 | 4626.00 | 20.34 | 34579.00 | 13.94 | 31.20 | 19.87 |
| 4. | WIPRO | 179.50 | 13.45 | 177780.78 | 6.13 | 3356.30 | 0.59 | 24478.60 | 10.59 | 18.49 | 18.93 |
| 5. | TECHM | 1582.20 | 30.20 | 155076.76 | 3.22 | 1486.30 | 31.67 | 15711.90 | 17.68 | 23.04 | 17.43 |
| 6. | LTM | 4535.00 | 25.72 | 134517.77 | 1.65 | 1468.60 | 17.06 | 11608.00 | 17.96 | 30.25 | 17.75 |
| 7. | OFSS | 11720.00 | 29.90 | 102061.42 | 3.41 | 1415.50 | 120.52 | 3125.20 | 68.73 | 45.50 | 60.04 |
| 8. | PERSISTENT | 5510.00 | 45.20 | 86920.25 | 0.73 | 483.04 | 13.67 | 4303.23 | 29.09 | 35.09 | 16.19 |
| 9. | COFORGE | 1815.00 | 45.76 | 80390.07 | 0.87 | 531.70 | 49.19 | 5527.70 | 49.86 | 24.70 | 19.14 |
| 10. | MPHASIS | 2420.00 | 24.18 | 46192.17 | 2.56 | 489.51 | 10.82 | 4384.05 | 17.46 | 23.31 | 18.15 |
| 11. | LTTS | 3538.70 | 28.44 | 37537.66 | 1.64 | 357.10 | 12.97 | 2940.10 | 11.47 | 27.70 | 18.65 |
| 12. | KODYTECH | 1401.15 | 120.51 | 2019.98 | 0.00 | — | — | — | — | 27.16 | — |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
No standalone quarterly results found
We don't have this information yet. Please check back later.
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 2 | 4 | 11 | 22 | 72 | |
| 3 | 3 | 7 | 16 | 47 | |
| Operating Profit | -0 | 1 | 4 | 8 | 26 |
| OPM % | -2 | 18 | 41 | 34 | 37 |
| Other Income | 0 | 0 | 0 | 1 | 1 |
| Interest | 0 | 0 | 0 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 1 |
| -0 | 1 | 4 | 7 | 24 | |
| Tax % | 6 | -6 | 29 | 25 | 27 |
| Net Profit | -0 | 1 | 3 | 5 | 18 |
| EPS | -4 | 23 | 8 | 8 | 14 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -2 | 12 | 3 | 4 | 14 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -2 | 12 | 3 | 4 | 14 |
Mar 2021
- 2
- 3
- Operating Profit
- -0
- OPM %
- -2
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- 6
- Net Profit
- -0
- EPS
- -4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
Mar 2022
- 4
- 3
- Operating Profit
- 1
- OPM %
- 18
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- -6
- Net Profit
- 1
- EPS
- 23
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2023
- 11
- 7
- Operating Profit
- 4
- OPM %
- 41
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 4
- Tax %
- 29
- Net Profit
- 3
- EPS
- 8
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2024
- 22
- 16
- Operating Profit
- 8
- OPM %
- 34
- Other Income
- 1
- Interest
- 1
- Depreciation
- 0
- 7
- Tax %
- 25
- Net Profit
- 5
- EPS
- 8
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2025
- 72
- 47
- Operating Profit
- 26
- OPM %
- 37
- Other Income
- 1
- Interest
- 1
- Depreciation
- 1
- 24
- Tax %
- 27
- Net Profit
- 18
- EPS
- 14
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 165%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 205%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- 84%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 45%
- 3 Years:
- 75%
- Last Year:
- 38%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - |
| Equity Capital | 0 | 0 | 3 | 6 | 13 |
| -2 | -1 | 1 | 31 | 42 | |
| 0 | 0 | 0 | 1 | 13 | |
| Trade Payables | 0 | 1 | 0 | 1 | 10 |
| 2 | 3 | 9 | 3 | 34 | |
| Total Liabilities | 1 | 2 | 15 | 42 | 112 |
| ASSETS | - | - | - | - | - |
| 0 | 0 | 6 | 6 | 7 | |
| Capital Work in Progress | 0 | 0 | 1 | 4 | 8 |
| 0 | 0 | 0 | 0 | 28 | |
| 0 | 0 | 0 | 0 | 7 | |
| 0 | 0 | 0 | 17 | 35 | |
| Cash & Bank | 0 | 0 | 0 | 8 | 4 |
| 1 | 2 | 8 | 7 | 23 | |
| Total Assets | 1 | 2 | 15 | 42 | 112 |
| Total Debt | 2 | 2 | 7 | 1 | 13 |
| Net Working Capital | -0 | 0 | 5 | 25 | 16 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 1 |
| Book Value per Share | -1711.60 | -1090.30 | 13.53 | 58.22 | 42.89 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 2 | 2 | 7 | 1 | 13 |
| Net Working Capital | -0 | 0 | 5 | 25 | 16 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 1 |
| Book Value per Share | -1711.60 | -1090.30 | 13.53 | 58.22 | 42.89 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2021
- Equity Capital
- 0
- -2
- 0
- Trade Payables
- 0
- 2
- Total Liabilities
- 1
- 0
- Capital Work in Progress
- 0
- 0
- 0
- 0
- Cash & Bank
- 0
- 1
- Total Assets
- 1
- Total Debt
- 2
- Net Working Capital
- -0
- Contingent Liabilities
- 0
- Book Value per Share
- -1711.60
- Face Value
- 10.00
- Total Debt
- 2
- Net Working Capital
- -0
- Contingent Liabilities
- 0
- Book Value per Share
- -1711.60
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 0
- -1
- 0
- Trade Payables
- 1
- 3
- Total Liabilities
- 2
- 0
- Capital Work in Progress
- 0
- 0
- 0
- 0
- Cash & Bank
- 0
- 2
- Total Assets
- 2
- Total Debt
- 2
- Net Working Capital
- 0
- Contingent Liabilities
- 0
- Book Value per Share
- -1090.30
- Face Value
- 10.00
- Total Debt
- 2
- Net Working Capital
- 0
- Contingent Liabilities
- 0
- Book Value per Share
- -1090.30
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 3
- 1
- 0
- Trade Payables
- 0
- 9
- Total Liabilities
- 15
- 6
- Capital Work in Progress
- 1
- 0
- 0
- 0
- Cash & Bank
- 0
- 8
- Total Assets
- 15
- Total Debt
- 7
- Net Working Capital
- 5
- Contingent Liabilities
- 0
- Book Value per Share
- 13.53
- Face Value
- 10.00
- Total Debt
- 7
- Net Working Capital
- 5
- Contingent Liabilities
- 0
- Book Value per Share
- 13.53
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 6
- 31
- 1
- Trade Payables
- 1
- 3
- Total Liabilities
- 42
- 6
- Capital Work in Progress
- 4
- 0
- 0
- 17
- Cash & Bank
- 8
- 7
- Total Assets
- 42
- Total Debt
- 1
- Net Working Capital
- 25
- Contingent Liabilities
- 0
- Book Value per Share
- 58.22
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 25
- Contingent Liabilities
- 0
- Book Value per Share
- 58.22
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 13
- 42
- 13
- Trade Payables
- 10
- 34
- Total Liabilities
- 112
- 7
- Capital Work in Progress
- 8
- 28
- 7
- 35
- Cash & Bank
- 4
- 23
- Total Assets
- 112
- Total Debt
- 13
- Net Working Capital
- 16
- Contingent Liabilities
- 1
- Book Value per Share
- 42.89
- Face Value
- 10.00
- Total Debt
- 13
- Net Working Capital
- 16
- Contingent Liabilities
- 1
- Book Value per Share
- 42.89
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 0 | 0 | -2 | -9 | -8 | |
| Cash from Investing | -0 | -0 | -7 | -4 | -35 |
| Cash from Financing | -0 | 0 | 8 | 21 | 38 |
| 0 | 0 | -0 | 8 | -4 | |
| Free Cash Flow | 0 | -0 | -9 | -13 | -13 |
| OCF / Net Profit | -1.45 | 0.13 | -0.62 | -1.85 | -0.43 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 |
| OCF / Net Profit | -1.45 | 0.13 | -0.62 | -1.85 | -0.43 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 |
Mar 2021
- 0
- Cash from Investing
- -0
- Cash from Financing
- -0
- 0
- Free Cash Flow
- 0
- OCF / Net Profit
- -1.45
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.45
- Cumulative 5-Year FCF
- 0
Mar 2022
- 0
- Cash from Investing
- -0
- Cash from Financing
- 0
- 0
- Free Cash Flow
- -0
- OCF / Net Profit
- 0.13
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.13
- Cumulative 5-Year FCF
- 0
Mar 2023
- -2
- Cash from Investing
- -7
- Cash from Financing
- 8
- -0
- Free Cash Flow
- -9
- OCF / Net Profit
- -0.62
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.62
- Cumulative 5-Year FCF
- 0
Mar 2024
- -9
- Cash from Investing
- -4
- Cash from Financing
- 21
- 8
- Free Cash Flow
- -13
- OCF / Net Profit
- -1.85
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.85
- Cumulative 5-Year FCF
- 0
Mar 2025
- -8
- Cash from Investing
- -35
- Cash from Financing
- 38
- -4
- Free Cash Flow
- -13
- OCF / Net Profit
- -0.43
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.43
- Cumulative 5-Year FCF
- 0
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - |
| EPS (₹) | -108.00 | 621.30 | 8.45 | 7.67 | 13.82 |
| Book Value (₹) | -1711.60 | -1090.30 | 13.53 | 58.22 | 42.89 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | -0.72 | 13.34 | 3.23 | 4.15 | 14.93 |
| PROFITABILITY | - | - | - | - | - |
| Operating Margin % | -1.82% | 17.87% | 40.84% | 30.13% | 35.10% |
| Net Margin % | -4.35% | 16.18% | 26.65% | 21.77% | 24.55% |
| ROE % | 0.00% | 0.00% | 163.02% | 23.40% | 38.40% |
| ROCE % | 0.00% | 370.63% | 69.14% | 28.45% | 38.44% |
| -9.77% | 36.48% | 34.71% | 17.18% | 22.87% | |
| EFFICIENCY | - | - | - | - | - |
| Debtor Days | 103 | 115 | 138 | 191 | 132 |
| Inventory Days | 0 | 0 | 0 | 4 | 18 |
| Payable Days | 0 | 0 | 0 | 51 | 77 |
| 103 | 115 | 138 | 144 | 72 | |
| FINANCIAL HEALTH | - | - | - | - | - |
| Debt to Equity (x) | -0.88x | -1.48x | 1.60x | 0.03x | 0.24x |
| Interest Coverage (x) | 0.00x | 0.00x | 17.13x | 11.15x | 24.93x |
| 0.75x | 1.29x | 2.93x | 5.38x | 1.50x | |
| GROWTH | - | - | - | - | - |
| Revenue Growth % | 0.00% | 54.75% | 185.21% | 105.04% | 219.60% |
| Operating Profit Growth % | 0.00% | 1621.51% | 551.88% | 68.64% | 250.54% |
| Net Profit Growth % | 0.00% | 675.28% | 369.81% | 67.48% | 260.47% |
| 0.00% | 0.00% | 0.00% | -9.25% | 80.24% | |
| VALUATION | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 61.97x | 68.72x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 16.33x | 22.15x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 79.37x | 46.13x |
Mar 2021
- EPS (₹)
- -108.00
- Book Value (₹)
- -1711.60
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.72
- Operating Margin %
- -1.82%
- Net Margin %
- -4.35%
- ROE %
- 0.00%
- ROCE %
- 0.00%
- -9.77%
- Debtor Days
- 103
- Inventory Days
- 0
- Payable Days
- 0
- 103
- Debt to Equity (x)
- -0.88x
- Interest Coverage (x)
- 0.00x
- 0.75x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 621.30
- Book Value (₹)
- -1090.30
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 13.34
- Operating Margin %
- 17.87%
- Net Margin %
- 16.18%
- ROE %
- 0.00%
- ROCE %
- 370.63%
- 36.48%
- Debtor Days
- 115
- Inventory Days
- 0
- Payable Days
- 0
- 115
- Debt to Equity (x)
- -1.48x
- Interest Coverage (x)
- 0.00x
- 1.29x
- Revenue Growth %
- 54.75%
- Operating Profit Growth %
- 1621.51%
- Net Profit Growth %
- 675.28%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 8.45
- Book Value (₹)
- 13.53
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.23
- Operating Margin %
- 40.84%
- Net Margin %
- 26.65%
- ROE %
- 163.02%
- ROCE %
- 69.14%
- 34.71%
- Debtor Days
- 138
- Inventory Days
- 0
- Payable Days
- 0
- 138
- Debt to Equity (x)
- 1.60x
- Interest Coverage (x)
- 17.13x
- 2.93x
- Revenue Growth %
- 185.21%
- Operating Profit Growth %
- 551.88%
- Net Profit Growth %
- 369.81%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 7.67
- Book Value (₹)
- 58.22
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.15
- Operating Margin %
- 30.13%
- Net Margin %
- 21.77%
- ROE %
- 23.40%
- ROCE %
- 28.45%
- 17.18%
- Debtor Days
- 191
- Inventory Days
- 4
- Payable Days
- 51
- 144
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 11.15x
- 5.38x
- Revenue Growth %
- 105.04%
- Operating Profit Growth %
- 68.64%
- Net Profit Growth %
- 67.48%
- -9.25%
- P/E (x)
- 61.97x
- P/B (x)
- 16.33x
- Dividend Yield %
- 0.00%
- 79.37x
Mar 2025
- EPS (₹)
- 13.82
- Book Value (₹)
- 42.89
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 14.93
- Operating Margin %
- 35.10%
- Net Margin %
- 24.55%
- ROE %
- 38.40%
- ROCE %
- 38.44%
- 22.87%
- Debtor Days
- 132
- Inventory Days
- 18
- Payable Days
- 77
- 72
- Debt to Equity (x)
- 0.24x
- Interest Coverage (x)
- 24.93x
- 1.50x
- Revenue Growth %
- 219.60%
- Operating Profit Growth %
- 250.54%
- Net Profit Growth %
- 260.47%
- 80.24%
- P/E (x)
- 68.72x
- P/B (x)
- 22.15x
- Dividend Yield %
- 0.00%
- 46.13x
Documents
Announcements
Nothing filed yet.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
May 2026