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FY26 Financials: Revenue Edges Up, Profit Falls
Odyssey Technologies Ltd reported its financial results for the fiscal year 2025-26, indicating a marginal increase in revenue but a decline in profit. Revenue from operations reached ₹2,730.18 lakh, a slight rise from ₹2,725.69 lakh in the previous fiscal year. However, Profit After Tax for FY26 decreased to ₹402.33 lakh, down from ₹433.13 lakh reported in FY25. Consequently, basic Earnings Per Share (EPS) for FY26 stood at ₹2.53, a drop from ₹2.72 in the prior year.
AGM Scheduled, ₹1 Dividend Proposed
In conjunction with the annual report release, Odyssey Technologies announced its 36th Annual General Meeting (AGM), scheduled to be held virtually via Video Conferencing (VC) or Other Audio Visual Means (OAVM) on June 3, 2026. Shareholders will vote on several key proposals, including the adoption of the financial statements, the re-appointment of directors, and a proposed final dividend of ₹1 per share. The company has set May 6, 2026, as the record date for determining eligibility for this proposed dividend.
Historical Performance
Looking at past performance, Odyssey Technologies reported Revenue from Operations of ₹2,725.69 lakh and a Profit After Tax of ₹433.13 lakh for FY 2024-25. This followed FY 2023-24 figures of ₹2,584.55 lakh in revenue and ₹405.92 lakh in Profit After Tax. The company has a history of declaring dividends, and the latest proposal continues this shareholder return practice.
Investor Significance
This filing provides shareholders with crucial information regarding the company's financial health and strategic direction. The upcoming AGM will involve decisions on company leadership and profit distribution. The proposed dividend offers a direct return to investors, while the re-appointment of directors is key for corporate governance and business continuity.
Risks Identified
No significant risks were explicitly mentioned in the company's filing or identified through verified research at the time of reporting.
Industry Peers
Odyssey Technologies operates within the IT services sector. Its key listed peers, which compete in similar areas of IT services and software solutions, include Kellton Tech Solutions and Saksoft.
Key Figures at a Glance
- Revenue from Operations FY2025-26: ₹2,730.18 lakh (Consolidated)
- Revenue from Operations FY2024-25: ₹2,725.69 lakh (Consolidated)
- Profit After Tax FY2025-26: ₹402.33 lakh (Consolidated)
- Profit After Tax FY2024-25: ₹433.13 lakh (Consolidated)
- Basic EPS FY2025-26: ₹2.53 (Consolidated)
- Basic EPS FY2024-25: ₹2.72 (Consolidated)
What to Monitor Next
Investors will likely watch the outcome of the 36th AGM, particularly the shareholder votes on the financial statements and dividend approval. Management commentary during any post-AGM discussions or future earnings calls regarding the dip in profitability will also be important. Future financial performance, focusing on margin trends, and any new business initiatives or client wins disclosed in subsequent reports will be key areas to track.