SYNOPSIS: Falcon Tech Robotics, the UAE JV of Kody Technolab, partnered with Hypermedia to deploy 360 Odigo AI robots across 30 malls and the Dubai Expo, expanding regional adoption following earlier LuLu Group orders.
During Thursday’s trading session, shares of a leading technology company specializing in advanced robotics and AI-driven automation for commercial, retail, and industrial environments surged nearly 16.4 percent on NSE, after entering into a partnership with UAE-based Hypermedia FZ-LLC for robot deployment.
With a market cap of Rs. 1,071 crores, shares of Kody Technolab Limited closed in the green at Rs. 840 on NSE, up by around 15 percent, as against its previous closing price of Rs. 728.05. The stock hit its 52-week high at Rs. 2,070 on 9th December 2024, and is trading at a discount of over 59 percent from its current price levels.
What’s the News:
As per the latest disclosures filed with the NSE, Falcon Tech Robotics LLC, the UAE-based joint venture of Kody Technolab Limited and a provider of AI-driven robotic solutions, has entered into partnership with Hypermedia FZ-LLC, a Digital Out-of-Home (DOOH) company based in the UAE. Under this agreement, both companies will collaborate on the deployment of 360 Odigo robots across Hypermedia’s network of 30 malls and the Dubai Expo site.
This partnership reflects the growing integration of AI-enabled robotics within the DOOH advertising sector and demonstrates Kody Technolab’s progress in expanding its robotics presence in the region. With this agreement following the recently announced order of 290 Odigo units from LuLu Group International, total Odigo robot deployments in the UAE now exceed 600 units for November 2025. Together, these developments indicate increasing adoption of the company’s robotic solutions across large commercial spaces.
As part of the arrangement, Falcon Tech Robotics will roll out Odigo robots across all 30 malls managed by Hypermedia – with around 12 robots allocated per mall – in addition to installations at the Dubai Expo site.
Odigo, developed by Kody Technolab Ltd, is an AI-powered advertising and customer-guidance robot. Its capabilities will enable Hypermedia to offer programmable, mobile advertising inventory that can be customized by location, time, and audience segments. A centralized dashboard will allow Hypermedia to manage campaigns, schedule updates, and access analytics such as impressions, interactions, and navigation data, providing advertisers with measurable insights.
Falcon Tech Robotics will oversee the full deployment of the solution, supporting Kody Technolab Ltd’s ongoing efforts to expand its global footprint in the robotics space.
Financials & More:
Kody Technolab reported a marginal decline in consolidated revenue from operations, experiencing a decrease of around 0.3 percent HoH, from Rs. 31.77 crores in H2 FY25 to Rs. 31.67 crores in H1 FY26.
Likewise, the company’s net profit decreased during the same period, from Rs. 7.4 crores to Rs. 4.5 crores, reflecting a fall of more than 39 percent HoH.
Kody Technolab Limited specializes in helping businesses undergo Digital Transformation by leveraging latest technologies and trends. It is engaged in the business of offering services including custom development, AI consultation & implementation, IOT services, manufacturing and assembly of robots and associates and IT consulting services.
Written by Shivani Singh
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