# Kody Technolab share price today (Kody Technolab Ltd, NSE: KODYTECH)

> Kody Technolab share price today: ₹1,546.30 at the NSE close on 4 November 2026, up 131.7% in a year. Kody Technolab (NSE: KODYTECH) is worth ₹2,229 crore, trades at a P/E of 102.0 and has closed between ₹667.25 and ₹1,569.95 over the past 52 weeks. > Kody Technolab Ltd's share price has risen faster than its earnings: +131.7% in a year, against +10.6% for earnings per share. KODYTECH · IT - Software · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/kody-technolab-ltd

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## Key numbers

- Price: ₹1,546.30 (+131.7% in a year)
- P/E: 102.0× (higher than 65% of the last 3.1 years)
- Revenue (Mar 2026): ₹51.0 Cr (+59.4% on a year ago)
- Profit (Mar 2026): ₹15.0 Cr (+114.3% on a year ago)
- Operating margin: 34.0% (flat on a year ago)
- ROCE: 22%, FY26
- ROIC: 7.5%, against a 12.0% cost of capital: −4.5 points
- Profit that came in as cash: 11%, last 3 years

The main question: profits are rising, but only 11% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Kody Technolab share price today? Kody Technolab Ltd's share price was ₹1,546.30 at the close on 4 November 2026. It has been rising for 20 weeks. That is 30.2% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹667 and ₹1,570, and at that close it sat 97% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 28 weeks in a row. Over the last 3.1 years the share price moved +1,472% while the NIFTY 500 moved +28%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Kody Technolab this quarter? Two changes stood out: highest quarterly profit in 8 quarters and highest quarterly revenue in 8 quarters. 1. Highest quarterly profit in 8 quarters Profit of ₹15 crore in the March 2026 quarter is the highest of the last 8 quarters. 2. Highest quarterly revenue in 8 quarters Revenue of ₹51 crore in the March 2026 quarter is the highest of the last 8 quarters. ## What are Kody Technolab's latest quarterly results? For January to March 2026 (the quarter ended 31 March 2026), Kody Technolab reported revenue of ₹51.0 crore, up 59.4% from ₹32.0 crore a year earlier, and a profit of ₹15.0 crore, up 114.3% from ₹7.00 crore. ### Kody Technolab results: January to March 2026 against a year earlier

| Measure | January to March 2026 | January to March 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹51.0 crore | ₹32.0 crore | +59.4% |
| Profit | ₹15.0 crore | ₹7.00 crore | +114.3% |
| Earnings per share | ₹10.63 | ₹5.82 | +82.6% |
| Operating margin | 34.0% | 34.0% | 0.0 points |

The next results, for April to June 2026, were due by 14 August 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). This page shows them once our weekly data update has read them. (From the company's reported quarterly results (quarter ended 31 March 2026). Revenue and profit in ₹ crore.)

## What is the Kody Technolab share price history? Kody Technolab closed at ₹1,546.30 on 4 November 2026, up 131.7% from ₹667.25 a year earlier (7 November 2025) and up 757.2% over three years. Its highest weekly close since September 2023 was ₹2,016.75 on 26 July 2024. ### Kody Technolab share price: then and now

| When | Close | Change to 4 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 30 Oct 2026 | ₹1,482.70 | +4.3% |
| 1 month ago · 1 Oct 2026 | ₹1,518.90 | +1.8% |
| 6 months ago · 8 May 2026 | ₹771.10 | +100.5% |
| 1 year ago · 7 Nov 2025 | ₹667.25 | +131.7% |
| 3 years ago · 3 Nov 2023 | ₹180.38 | +757.2% |
| Earliest and lowest weekly close in our records · 29 Sep 2023 | ₹98.38 | +1,471.8% |
| Highest weekly close since September 2023 · 26 Jul 2024 | ₹2,016.75 | −23.3% |
| 52-week high (weekly close) · 4 Sep 2026 | ₹1,569.95 | −1.5% |
| 52-week low (weekly close) · 7 Nov 2025 | ₹667.25 | +131.7% |

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (167 weekly closes from 29 September 2023 to 4 November 2026.)

## What is the latest news on Kody Technolab? 4 Nov 2026: Kody Technolab closed at ₹1,546.30, up 4.3% on the week and up 1.8% on the month. Results for January to March 2026: Revenue up 59.4% and profit up 114.3% on a year earlier. ## What dividend does Kody Technolab pay? Kody Technolab has paid no dividend on the NSE since its first NSE close in our records (29 September 2023), the start of the period we checked. No. Kody Technolab Ltd paid out 0% of its profit as dividends in each of its last 7 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 5 November 2026.)

## Which stock lists is Kody Technolab on? Kody Technolab is on 2 of our India lists: Momentum stocks and IT stocks. - [Momentum stocks Market cap cr: 2229.7089094220005](https://www.sectoralpha.in/momentum-stocks-india)
- [IT stocks Market value (₹ crore): 2229.7089094220005](https://www.sectoralpha.in/sectors/it-stocks-india)

## Is Kody Technolab profitable? Kody Technolab Ltd earned ₹15.0 Cr of net profit in the Mar 2026 quarter, +114.3% on the same quarter a year earlier. Full-year FY26 profit was ₹22.0 Cr. That is 29.4% of the quarter's revenue. The same quarter a year earlier earned ₹4.0 Cr. 1 of the last 8 reported quarters were loss-making. For the full year, FY26 profit was ₹22.0 Cr (+22.2% on the year before). Why profit moved: revenue changed +59.4% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +264.8% and revenue +174.2%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Kody Technolab make, and is it growing? Kody Technolab Ltd reported ₹51.0 Cr of revenue in the Mar 2026 quarter, +59.4% on the same quarter a year earlier. Over 6 years it has grown 109.3% a year on average. The last full year, FY26, came in at ₹84.0 Cr. FY26 revenue was ₹84.0 Cr, +16.7% on the year before. Recent pace: the last four quarters grew +174.2% on average, against 109.3% a year over the longer run, so this year is growing faster than its own long-run rate. ## How much of every ₹100 of sales does Kody Technolab keep? Kody Technolab Ltd's operating margin was 34.0% in the Mar 2026 quarter, about the same as the same quarter a year ago. Over the last four quarters it has moved +2.0 percentage points. Across 7 years it has been between −35.0% and 40.0%. The latest quarter is within that range. In the latest quarter it moved +0.0 percentage points on the same quarter a year ago. Why the margin moved: operating margin changed +1.7 percentage points on the year while gross margin changed −15.8 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Kody Technolab's profit turning into cash? Over the last 3 years, 11% of Kody Technolab Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹4.0 Cr of operating cash against ₹22.0 Cr of profit. After ₹33.0 Cr of spending on assets, free cash was −₹29.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 11% of profit came in as cash: the cash cycle got 70 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 70 days longer. The next section looks at where the cash is stuck. ## Where does Kody Technolab's cash go? Kody Technolab Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 173 days in FY26, up from 103 days in FY21. It spent ₹42.0 Cr on assets over the last 3 years. Customers take 173 days to pay, and stock sits for 42 days on average. At FY26 sales of ₹84.0 Cr, each day of that cycle ties up about ₹0.2 Cr, so roughly ₹40.0 Cr is tied up in the business at any time. FY26: customers took 173 days to pay and stock sat for 42 days, about 1.4 months of sales sitting as stock, for a full cycle of 173 days, longer than FY21's 103. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 42 days. Customers pay about 173 days after that. Suppliers are paid at 121 days. Together that makes the 173-day cycle. Spending on assets: ₹42.0 Cr over the last 3 years, against ₹3.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹16.0 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is Kody Technolab's P/E ratio, and how does it compare with its own history? Kody Technolab Ltd's P/E is 102.0×, in the middle of its own history: higher than 65% of past readings. Its usual P/E (the middle reading) is 86.7×, over 3.1 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +10.6% while the price moved +131.7%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved +104.7% a year; about +87.5% a year came from earnings growth and about +17.2 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Kody Technolab business getting better or worse? Kody Technolab Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 6 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Kody Technolab earn on its capital? Kody Technolab Ltd earned a ROCE of 22% in FY26. Its return on capital used (ROIC) is 4.5 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 26.2% net margin and 0.35× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 26.2% net margin × 0.35× asset turnover × 1.18× leverage (assets divided by equity) ≈ 10.8% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 7.5% − 12.0% = −4.5 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 7.5% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 11.3%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Kody Technolab have too much debt? Kody Technolab Ltd has total debt of ₹8.0 Cr against shareholder equity of ₹215 Cr as of Mar 2026, so its debt is 0.04× its equity, which is very little. Year by year, that ratio went from 1.40 in FY23 to 0.04 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Kody Technolab shareholding pattern? Promoters cut their stake in Kody Technolab Ltd by 4.2 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 68.8% of the company. Foreign institutions moved +0.1 points over the same period, to 0.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −4.2 points over 8 quarters, to 68.8%; Foreign institutions: +0.1 points over 8 quarters, to 0.1%; Domestic institutions: +0.1 points over 8 quarters, to 0.2%. Why the owners changed: promoters drove it (−4.2 points). They reduced their stake. ## How far is Kody Technolab from balance-sheet trouble? For Kody Technolab Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Kody Technolab rank in its industry? 53.5 out of 100, rank 61 of 69 in IT - Software, with 35% of the evidence available. It is provisional, so it is ranked below companies with full evidence. Kody Technolab Ltd scores 53.5 out of 100 against the 69 companies it is compared with in IT - Software, ranking 61. Some evidence is missing, so the score is pulled toward the middle on purpose. The four parts add up to the total exactly: 18.2 + 14.3 + 8.8 + 12.2 = 53.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Kody Technolab compared with? Kody Technolab ranks 61 of 69 IT - Software companies on the 4-Factor Sector Score, with 53.5 out of 100. 1. [Coforge Ltd](https://www.sectoralpha.in/stocks/coforge-ltd) COFORGE · leader · Most evidence points up · 100% evidence 69.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.4/35 · Revenue 41.5% · Profit 56.3% · Operating margin change 1 points · 100% evidence Capital efficiency 16.4/25 · ROCE 23.5% · Operating margin 20% · 100% evidence Valuation 11.3/20 · P/E 41.7× · PEG 0.57 · 100% evidence Relative strength 18.5/20 · Lead over its industry 24.5% · Lead over NIFTY 500 35.5% · 1 year 15% · 100% evidence · 12 of 12 weeks ahead Exact sum: 23.4 + 16.4 + 11.3 + 18.5 = 69.6 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Expleo Solutions Ltd](https://www.sectoralpha.in/stocks/expleo-solutions-ltd) EXPLEOSOL · breaking out · Most evidence points up · 81% evidence 68.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.6/35 · Revenue 10.4% · Profit 39.4% · Operating margin change 4 points · 88% evidence Capital efficiency 15.4/25 · ROCE 24.2% · Operating margin 15% · 100% evidence Valuation 18.7/20 · P/E 8.5× · PEG 0.33 · 100% evidence Relative strength 9.6/20 · Lead over its industry n/a · Lead over NIFTY 500 -2.7% · 1 year -20.7% · 25% evidence · 8 of 12 weeks ahead Exact sum: 24.6 + 15.4 + 18.7 + 9.6 = 68.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Cigniti Technologies Ltd](https://www.sectoralpha.in/stocks/cigniti-technologies-ltd) CIGNITITEC · Too little evidence to rank firmly · 55% evidence 68.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.8/43.75 · Revenue 14% · Profit 96.1% · Operating margin change 2 points · 47% evidence Capital efficiency 20.8/31.25 · ROCE 34.1% · Operating margin 18% · 75% evidence Valuation 19.5/25 · P/E 11.4× · PEG 0.74 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 27.8 + 20.8 + 19.5 = 68.1 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 4. [Metalic Technoforge Ltd](https://www.sectoralpha.in/stocks/metalic-technoforge-ltd) META · turning · Too little evidence to rank firmly · 51% evidence 67.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.8/43.75 · Revenue 100% · Profit 100% · Operating margin change 0 points · 83% evidence Capital efficiency 20.2/31.25 · ROCE 44% · Operating margin 11% · 76% evidence Valuation 14.3/25 · P/E 6.6× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 32.8 + 20.2 + 14.3 = 67.3 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 5. [Sahana Systems Ltd](https://www.sectoralpha.in/stocks/sahana-systems-ltd) SAHANA · leader · Too little evidence to rank firmly · 54% evidence 66.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.4/35 · Revenue 100% · Profit 100% · Operating margin change -3 points · 27% evidence Capital efficiency 18.4/25 · ROCE 39.8% · Operating margin 29% · 57% evidence Valuation 12.0/20 · P/E 14.5× · PEG n/a · 50% evidence Relative strength 17.2/20 · Lead over its industry 12.3% · Lead over NIFTY 500 22.7% · 1 year 5.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 18.4 + 18.4 + 12 + 17.2 = 66 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. [Silver Touch Technologies Ltd](https://www.sectoralpha.in/stocks/silver-touch-technologies-ltd) SILVERTUC · quiet · Most evidence points up · 100% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.9/35 · Revenue 21.7% · Profit 88% · Operating margin change 5 points · 100% evidence Capital efficiency 21.3/25 · ROCE 29.8% · Operating margin 21% · 100% evidence Valuation 11.2/20 · P/E 31.6× · PEG 1.11 · 100% evidence Relative strength 3.0/20 · Lead over its industry -21.7% · Lead over NIFTY 500 -13.9% · 1 year 52.9% · 100% evidence · 2 of 12 weeks ahead Exact sum: 29.9 + 21.3 + 11.2 + 3 = 65.4 · What this means: Earnings are strong; relative strength in its sector is -21.7% and the one-year return is 52.9%. 7. [NINtec Systems Ltd](https://www.sectoralpha.in/stocks/nintec-systems-ltd) NINSYS · turning · Most evidence points up · 93% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.2/35 · Revenue 18.8% · Profit 23.3% · Operating margin change 2 points · 100% evidence Capital efficiency 22.4/25 · ROCE 54% · Operating margin 27% · 100% evidence Valuation 6.6/20 · P/E 48.1× · PEG 2.08 · 65% evidence Relative strength 18.2/20 · Lead over its industry 57.5% · Lead over NIFTY 500 70.4% · 1 year 113.7% · 100% evidence · 4 of 12 weeks ahead Exact sum: 18.2 + 22.4 + 6.6 + 18.2 = 65.4 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 8. [Unified Data- Tech Solutions Ltd](https://www.sectoralpha.in/stocks/unified-data-tech-solutions-ltd) breaking out · Too little evidence to rank firmly · 56% evidence 63.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.0/35 · Revenue n/a · Profit n/a · Operating margin change 2 points · 26% evidence Capital efficiency 18.3/25 · ROCE 34.1% · Operating margin 15% · 95% evidence Valuation 10.2/20 · P/E 17.3× · PEG n/a · 15% evidence Relative strength 17.8/20 · Lead over its industry 11.5% · Lead over NIFTY 500 22% · 1 year -7.6% · 100% evidence · 8 of 12 weeks ahead Exact sum: 17 + 18.3 + 10.2 + 17.8 = 63.3 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 9. [ASM Technologies Ltd](https://www.sectoralpha.in/stocks/asm-technologies-ltd) leader · Evidence leans up · 61% evidence 63.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.1/35 · Revenue 67.8% · Profit 89.5% · Operating margin change 2 points · 83% evidence Capital efficiency 15.9/25 · ROCE 27% · Operating margin 23% · 95% evidence Valuation 8.7/20 · P/E 124× · PEG n/a · 15% evidence Relative strength 12.3/20 · Lead over its industry n/a · Lead over NIFTY 500 66.2% · 1 year 78.6% · 25% evidence · 12 of 12 weeks ahead Exact sum: 26.1 + 15.9 + 8.7 + 12.3 = 63 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Tanla Platforms Ltd](https://www.sectoralpha.in/stocks/tanla-platforms-ltd) TANLA · turning · Evidence leans up · 85% evidence 62.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.7/35 · Revenue 17.7% · Profit 15.4% · Operating margin change 0 points · 100% evidence Capital efficiency 18.3/25 · ROCE 26.3% · Operating margin 16% · 100% evidence Valuation 14.0/20 · P/E 15× · PEG 1.07 · 100% evidence Relative strength 11.7/20 · Lead over its industry n/a · Lead over NIFTY 500 26.7% · 1 year 2.8% · 25% evidence · 3 of 12 weeks ahead Exact sum: 18.7 + 18.3 + 14 + 11.7 = 62.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [String Metaverse Ltd](https://www.sectoralpha.in/stocks/string-metaverse-ltd) breaking out · Evidence leans up · 83% evidence 62.5 out of 100 Growth Capital Valuation Relative
12. [Tech Mahindra Ltd](https://www.sectoralpha.in/stocks/tech-mahindra-ltd) TECHM · leader · Evidence leans up · 85% evidence 62.1 out of 100 Growth Capital Valuation Relative
13. [Infosys Ltd](https://www.sectoralpha.in/stocks/infosys-ltd) INFY · breaking out · Evidence leans up · 82% evidence 61.7 out of 100 Growth Capital Valuation Relative
14. [InfoBeans Technologies Ltd](https://www.sectoralpha.in/stocks/infobeans-technologies-ltd) INFOBEAN · quiet · Evidence leans up · 100% evidence 61.6 out of 100 Growth Capital Valuation Relative
15. [Zensar Technologies Ltd](https://www.sectoralpha.in/stocks/zensar-technologies-ltd) ZENSARTECH · turning · Evidence leans up · 100% evidence 61.6 out of 100 Growth Capital Valuation Relative
16. [Tata Consultancy Services Ltd](https://www.sectoralpha.in/stocks/tata-consultancy-services-ltd) TCS · breaking out · Evidence leans up · 100% evidence 60.9 out of 100 Growth Capital Valuation Relative
17. [Sasken Technologies Ltd](https://www.sectoralpha.in/stocks/sasken-technologies-ltd) SASKEN · turning · Evidence leans up · 100% evidence 60.8 out of 100 Growth Capital Valuation Relative
18. [Birlasoft Ltd](https://www.sectoralpha.in/stocks/birlasoft-ltd) BSOFT · breaking out · Evidence leans up · 100% evidence 59.5 out of 100 Growth Capital Valuation Relative
19. [Seshaasai Technologies Ltd](https://www.sectoralpha.in/stocks/seshaasai-technologies-ltd) STYL · quiet · Evidence leans up · 68% evidence 59.5 out of 100 Growth Capital Valuation Relative
20. [Xchanging Solutions Ltd](https://www.sectoralpha.in/stocks/xchanging-solutions-ltd) XCHANGING · quiet · Evidence leans up · 85% evidence 59.1 out of 100 Growth Capital Valuation Relative
21. [RNIT AI Solutions Ltd](https://www.sectoralpha.in/stocks/rnit-ai-solutions-ltd) AUTOPALIND · breaking out · Evidence leans up · 69% evidence 59.1 out of 100 Growth Capital Valuation Relative
22. [Danlaw Technologies India Ltd](https://www.sectoralpha.in/stocks/danlaw-technologies-india-ltd) breaking out · Evidence leans up · 68% evidence 58.8 out of 100 Growth Capital Valuation Relative
23. [Softtech Engineers Ltd](https://www.sectoralpha.in/stocks/softtech-engineers-ltd) SOFTTECH · breaking out · Evidence leans up · 79% evidence 58.3 out of 100 Growth Capital Valuation Relative
24. [R Systems International Ltd](https://www.sectoralpha.in/stocks/r-systems-international-ltd) RSYSTEMS · losing its lead · Evidence leans up · 96% evidence 57.0 out of 100 Growth Capital Valuation Relative
25. [HCL Technologies Ltd](https://www.sectoralpha.in/stocks/hcl-technologies-ltd) HCLTECH · leader · Evidence leans up · 82% evidence 56.7 out of 100 Growth Capital Valuation Relative
26. [Datamatics Global Services Ltd](https://www.sectoralpha.in/stocks/datamatics-global-services-ltd) DATAMATICS · quiet · Evidence leans up · 81% evidence 55.8 out of 100 Growth Capital Valuation Relative
27. [Wipro Ltd](https://www.sectoralpha.in/stocks/wipro-ltd) WIPRO · turning · Evidence leans up · 100% evidence 55.4 out of 100 Growth Capital Valuation Relative
28. [Subex Ltd](https://www.sectoralpha.in/stocks/subex-ltd) SUBEXLTD · breaking out · Evidence leans up · 64% evidence 55.4 out of 100 Growth Capital Valuation Relative
29. [Ksolves India Ltd](https://www.sectoralpha.in/stocks/ksolves-india-ltd) KSOLVES · quiet · Evidence leans up · 100% evidence 52.8 out of 100 Growth Capital Valuation Relative
30. [Capillary Technologies India Ltd](https://www.sectoralpha.in/stocks/capillary-technologies-india-ltd) CAPILLARY · breaking out · Too little evidence to rank firmly · 59% evidence 52.6 out of 100 Growth Capital Valuation Relative
31. [LTM Ltd](https://www.sectoralpha.in/stocks/ltm-ltd) LTM · losing its lead · Evidence leans up · 100% evidence 51.1 out of 100 Growth Capital Valuation Relative
32. [TechNVision Ventures Ltd](https://www.sectoralpha.in/stocks/technvision-ventures-ltd) TECHNVISN · quiet · Evidence leans up · 64% evidence 51.1 out of 100 Growth Capital Valuation Relative
33. [Saksoft Ltd](https://www.sectoralpha.in/stocks/saksoft-ltd) SAKSOFT · basing · Evidence leans up · 96% evidence 50.9 out of 100 Growth Capital Valuation Relative
34. [BLS E-Services Ltd](https://www.sectoralpha.in/stocks/bls-e-services-ltd) BLSE · leader · Evidence leans up · 78% evidence 50.5 out of 100 Growth Capital Valuation Relative
35. [Mphasis Ltd](https://www.sectoralpha.in/stocks/mphasis-ltd) MPHASIS · breaking out · Evidence leans up · 81% evidence 50.3 out of 100 Growth Capital Valuation Relative
36. [Excelsoft Technologies Ltd](https://www.sectoralpha.in/stocks/excelsoft-technologies-ltd) EXCELSOFT · breaking out · Too little evidence to rank firmly · 59% evidence 50.3 out of 100 Growth Capital Valuation Relative
37. [Blue Cloud Softech Solutions Ltd](https://www.sectoralpha.in/stocks/blue-cloud-softech-solutions-ltd) BLUECLOUDS · turning · Evidence leans down · 64% evidence 49.9 out of 100 Growth Capital Valuation Relative
38. [ACS Technologies Ltd](https://www.sectoralpha.in/stocks/acs-technologies-ltd) ACSTECH · Evidence leans down · 74% evidence 49.5 out of 100 Growth Capital Valuation Relative
39. [Magellanic Cloud Ltd](https://www.sectoralpha.in/stocks/magellanic-cloud-ltd) MCLOUD · basing · Evidence leans down · 81% evidence 49.2 out of 100 Growth Capital Valuation Relative
40. [Dynacons Systems & Solutions Ltd](https://www.sectoralpha.in/stocks/dynacons-systems-solutions-ltd) DSSL · quiet · Evidence leans down · 96% evidence 48.5 out of 100 Growth Capital Valuation Relative
41. [IZMO Ltd](https://www.sectoralpha.in/stocks/izmo-ltd) IZMO · quiet · Evidence leans down · 81% evidence 48.0 out of 100 Growth Capital Valuation Relative
42. [Mastek Ltd](https://www.sectoralpha.in/stocks/mastek-ltd) MASTEK · quiet · Evidence leans down · 100% evidence 47.1 out of 100 Growth Capital Valuation Relative
43. [Sonata Software Ltd](https://www.sectoralpha.in/stocks/sonata-software-ltd) SONATSOFTW · quiet · Evidence leans down · 96% evidence 46.9 out of 100 Growth Capital Valuation Relative
44. [AvenuesAI Ltd](https://www.sectoralpha.in/stocks/avenuesai-ltd) CCAVENUE · quiet · Evidence leans down · 89% evidence 44.8 out of 100 Growth Capital Valuation Relative
45. [Unicommerce eSolutions Ltd](https://www.sectoralpha.in/stocks/unicommerce-esolutions-ltd) UNIECOM · turning · Evidence leans down · 78% evidence 44.6 out of 100 Growth Capital Valuation Relative
46. [Allied Digital Services Ltd](https://www.sectoralpha.in/stocks/allied-digital-services-ltd) ADSL · basing · Evidence leans down · 74% evidence 42.1 out of 100 Growth Capital Valuation Relative
47. [Hexaware Technologies Ltd](https://www.sectoralpha.in/stocks/hexaware-technologies-ltd) HEXT · basing · Evidence leans down · 85% evidence 42.0 out of 100 Growth Capital Valuation Relative
48. [Hypersoft Technologies Ltd](https://www.sectoralpha.in/stocks/hypersoft-technologies-ltd) quiet · Evidence leans down · 80% evidence 40.9 out of 100 Growth Capital Valuation Relative
49. [Kellton Tech Solutions Ltd](https://www.sectoralpha.in/stocks/kellton-tech-solutions-ltd) KELLTONTEC · quiet · Evidence leans down · 96% evidence 38.9 out of 100 Growth Capital Valuation Relative
50. [3i Infotech Ltd](https://www.sectoralpha.in/stocks/3i-infotech-ltd) 3IINFOLTD · Too little evidence to rank firmly · 58% evidence 38.9 out of 100 Growth Capital Valuation Relative
51. [Innovana Thinklabs Ltd](https://www.sectoralpha.in/stocks/innovana-thinklabs-ltd) INNOVANA · basing · Evidence leans down · 81% evidence 37.6 out of 100 Growth Capital Valuation Relative
52. [Mindteck (India) Ltd](https://www.sectoralpha.in/stocks/mindteck-indialtd) MINDTECK · Most evidence points down · 76% evidence 32.8 out of 100 Growth Capital Valuation Relative
53. [Aurionpro Solutions Ltd](https://www.sectoralpha.in/stocks/aurionpro-solutions-ltd) AURIONPRO · basing · Most evidence points down · 93% evidence 29.7 out of 100 Growth Capital Valuation Relative
54. [Moschip Technologies Ltd](https://www.sectoralpha.in/stocks/moschip-technologies-ltd) MOSCHIP · quiet · Most evidence points down · 65% evidence 26.1 out of 100 Growth Capital Valuation Relative
55. [Quick Heal Technologies Ltd](https://www.sectoralpha.in/stocks/quick-heal-technologies-ltd) QUICKHEAL · turning · Most evidence points down · 80% evidence 22.9 out of 100 Growth Capital Valuation Relative
56. Orient Technologies Ltd ORIENTTECH · quiet · Most evidence points down · 76% evidence 21.2 out of 100 Growth Capital Valuation Relative
57. [Covance Softsol Ltd](https://www.sectoralpha.in/stocks/covance-softsol-ltd) Too little evidence to rank firmly · 31% evidence 62.9 out of 100 Growth Capital Valuation Relative
58. [Exato Technologies Ltd](https://www.sectoralpha.in/stocks/exato-technologies-ltd) losing its lead · Too little evidence to rank firmly · 43% evidence 59.2 out of 100 Growth Capital Valuation Relative
59. [TAC Infosec Ltd](https://www.sectoralpha.in/stocks/tac-infosec-ltd) TAC · quiet · Too little evidence to rank firmly · 48% evidence 58.5 out of 100 Growth Capital Valuation Relative
60. [Veefin Solutions Ltd](https://www.sectoralpha.in/stocks/veefin-solutions-ltd) VEEFIN · basing · Too little evidence to rank firmly · 43% evidence 54.2 out of 100 Growth Capital Valuation Relative
61. Kody Technolab Ltd this page KODYTECH · leader · Too little evidence to rank firmly · 35% evidence 53.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.2/35 · Revenue 100% · Profit 100% · Operating margin change 0 points · 27% evidence Capital efficiency 14.3/25 · ROCE 21.6% · Operating margin 34% · 71% evidence Valuation 8.8/20 · P/E 97.8× · PEG n/a · 15% evidence Relative strength 12.2/20 · Lead over its industry n/a · Lead over NIFTY 500 50% · 1 year 160.4% · 25% evidence · 12 of 12 weeks ahead Exact sum: 18.2 + 14.3 + 8.8 + 12.2 = 53.5 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 62. [Optivalue Tek Consulting Ltd](https://www.sectoralpha.in/stocks/optivalue-tek-consulting-ltd) OPTIVALUE · Too little evidence to rank firmly · 32% evidence 51.4 out of 100 Growth Capital Valuation Relative
63. [Workmates Core2cloud Solution Ltd](https://www.sectoralpha.in/stocks/workmates-core2cloud-solution-ltd) Too little evidence to rank firmly · 26% evidence 51.3 out of 100 Growth Capital Valuation Relative
64. [Trident Techlabs Ltd](https://www.sectoralpha.in/stocks/trident-techlabs-ltd) TECHLABS · Too little evidence to rank firmly · 27% evidence 47.5 out of 100 Growth Capital Valuation Relative
65. [ERP Soft Systems Ltd](https://www.sectoralpha.in/stocks/erp-soft-systems-ltd) Too little evidence to rank firmly · 36% evidence 46.7 out of 100 Growth Capital Valuation Relative
66. [Sancode Technologies Ltd](https://www.sectoralpha.in/stocks/sancode-technologies-ltd) Too little evidence to rank firmly · 35% evidence 46.5 out of 100 Growth Capital Valuation Relative
67. [63 Moons Technologies Ltd](https://www.sectoralpha.in/stocks/63-moons-technologies-ltd) 63MOONS · leader · Too little evidence to rank firmly · 46% evidence 45.6 out of 100 Growth Capital Valuation Relative
68. [XT Global Infotech Ltd](https://www.sectoralpha.in/stocks/xt-global-infotech-ltd) XTGLOBAL · Too little evidence to rank firmly · 40% evidence 45.4 out of 100 Growth Capital Valuation Relative
69. [IDream Film Infrastructure Company Ltd](https://www.sectoralpha.in/stocks/idream-film-infrastructure-company-ltd) quiet · Too little evidence to rank firmly · 42% evidence 34.9 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [IT - Software](https://www.sectoralpha.in/sectors/it-software), all 69 compared on one page. ## Which companies are close to Kody Technolab in size? Kody Technolab is the 29th largest of 68 IT - Software companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: BLS E-Services, Sasken Technologies and TechNVision Ventures. Just below it: NINtec Systems, Saksoft and Blue Cloud Softech Solutions. ### IT - Software companies close in size

1. [BLS E-Services Ltd](https://www.sectoralpha.in/stocks/bls-e-services-ltd) ₹2,668 crore
2. [Sasken Technologies Ltd](https://www.sectoralpha.in/stocks/sasken-technologies-ltd) ₹2,606 crore
3. [TechNVision Ventures Ltd](https://www.sectoralpha.in/stocks/technvision-ventures-ltd) ₹2,374 crore
4. Kody Technolab Ltd ₹2,138 crore
5. [NINtec Systems Ltd](https://www.sectoralpha.in/stocks/nintec-systems-ltd) ₹1,745 crore
6. [Saksoft Ltd](https://www.sectoralpha.in/stocks/saksoft-ltd) ₹1,713 crore
7. [Blue Cloud Softech Solutions Ltd](https://www.sectoralpha.in/stocks/blue-cloud-softech-solutions-ltd) ₹1,702 crore

[All 68 IT - Software companies, largest first](https://www.sectoralpha.in/sectors/it-software#all-companies)

### Companies close in size in other industries

1. [Algoquant Fintech Ltd](https://www.sectoralpha.in/stocks/algoquant-fintech-ltd) ₹2,143 crore · Finance & Investments - Others
2. [Gateway Distriparks Ltd](https://www.sectoralpha.in/stocks/gateway-distriparks-ltd) ₹2,142 crore · Logistics
3. Kody Technolab Ltd ₹2,138 crore
4. [Globus Spirits Ltd](https://www.sectoralpha.in/stocks/globus-spirits-ltd) ₹2,136 crore · Alcoholic Beverages
5. [Stallion India Fluorochemicals Ltd](https://www.sectoralpha.in/stocks/stallion-india-fluorochemicals-ltd) ₹2,136 crore · Industrial Gas

## What else do people ask about Kody Technolab? ### What is Kody Technolab's share price today? Kody Technolab Ltd's share price is ₹1,546.30, +131.7% over the past year. The whole company is worth ₹2,229 Cr on the market. In the last 52 weeks it traded between ₹667 to ₹1,570; today it is 97% of the way up from the low, 30.2% above its 200-day average (as of 4 November 2026). ### What were Kody Technolab's latest quarterly results? Kody Technolab Ltd reported revenue of ₹51.0 Cr and net profit of ₹15.0 Cr for the Mar 2026 quarter. Revenue rose 59.4% and profit rose 114.3% compared with a year earlier. Earnings per share were ₹10.63. The operating margin was 34.0%, 0.0 percentage points higher than a year earlier (as of 4 November 2026). ### What is Kody Technolab's market cap? Kody Technolab Ltd's market capitalisation is ₹2,229 Cr at a share price of ₹1,546.30. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Kody Technolab performing? Kody Technolab Ltd's share price has been rising for 20 weeks. In its latest quarter, revenue rose 59.4% and profit rose 114.3% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 28 weeks running (as of 4 November 2026). ### Will Kody Technolab's share price go up? This page does not forecast Kody Technolab Ltd's share price. What it shows instead: the share price is ₹1,546.30, and it has been rising for 20 weeks. Its P/E of 102.0× is higher than 65% of its own last 3 years (as of 4 November 2026). ### Who owns Kody Technolab? Promoters own 68.8% of Kody Technolab Ltd, foreign institutions 0.1%, domestic institutions 0.2% and the public 30.9% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 4.2 percentage points over 8 quarters (as of 4 November 2026). ### Does Kody Technolab have too much debt? No, Kody Technolab Ltd has little debt: its debt is 0.04× its equity, and its operating profit is 15 times its interest bill. FY26 borrowings were ₹8.0 Cr against equity of ₹205 Cr. So the returns on this page come from the business, not borrowed money (as of 4 November 2026). ### Where is Kody Technolab in its business cycle? Kody Technolab Ltd's FY26 operating margin was 34.0%, against a 7-year range of −35.0% to 40.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 34.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Kody Technolab story? The main question: profits are rising, but only 11% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Kody Technolab a stock worth studying right now? What the numbers show: Kody Technolab Ltd's share price has risen faster than its earnings: +131.7% in a year, against +10.6% for earnings per share. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ## Lists

- Momentum stocks: https://www.sectoralpha.in/momentum-stocks-india
- IT stocks: https://www.sectoralpha.in/sectors/it-stocks-india

This is research, not advice. We’re not SEBI-registered.