Results · Professional & Local Services
Genrobotics posts 35% revenue growth in FY26
By Startup Enthusiast ·
- Date
- Company
- Genrobotics
- What it does
- Robots for hazardous jobs
- Kind
- Results
- Based in
- Thiruvananthapuram
- Founded
- 2017
What they do
Builds robots for hazardous jobs like sewer cleaning, medical rehab, defence, and space
What happened
FY26 revenue ₹43.7 Cr (up 35%), PAT ₹2.6 Cr (nearly 3x); targets ₹219.9 Cr in FY27
Why it matters
Plans ₹150 Cr Series B round; 80-90% for capacity expansion and international growth
The details
- Genrobotics reported FY26 operating revenue of ₹43.7 Cr, up 35% from ₹32.5 Cr in FY25.
- Profit after tax (PAT) rose to ₹2.6 Cr from ₹90 Lakh, nearly 3x higher.
- EBITDA (earnings before interest, taxes, depreciation, and amortisation) grew 74% to ₹6.6 Cr.
- EBITDA margin improved to 15.2% from 11.6%; PAT margin rose to 6% from 2.8%.
- The company targets ₹219.9 Cr revenue in FY27, over 5x YoY growth.
- It plans to raise a ₹150 Cr Series B round in the current fiscal year.
- Total funds raised to date exceed ₹100 Cr (including debt).
The bigger picture
- India's industrial robotics market is projected to grow to $1.55 Bn by 2030.
- Genrobotics secured an ₹80 Cr contract from Singapore's PUB in March 2026 for ~44 robots.
- It recently led a ₹1 Cr seed round in Estro Tech Robotics.
- The company is expanding its patent portfolio in the US as it scales medical robotics there.
About the business
- Genrobotics builds robots for hazardous and physically demanding jobs.
- Its best-known product is Bandicoot, a robot for manual sewer cleaning.
- It operates in sanitation, medical robotics, oil & gas, defence, and aerospace/space.
- Medical robotics includes rehabilitation systems for stroke, spinal cord injury, and Parkinson's.
- Defence products include autonomous rovers for reconnaissance and hazard neutralisation.
- Spacetech involves robotic arms for space debris removal and satellite servicing.
- Oil & gas: Wilboar robots clean tunnels, ducts, and pipelines in refineries.
- Sanitation contributes ~60% of revenue; medical robotics ~40%.
- Revenue pipeline for FY27 is ₹155 Cr, with nearly ₹100 Cr already booked.
- It has filed over 30 patents and holds 20+ IPs; 10 granted in India, South Africa, Singapore.
What happens next
- Targeting ₹150 Cr Series B round in FY27.
- 80-90% of fresh capital to expand production capacity; remainder for international presence.
- New facility in Kerala to double manufacturing footprint to 60,000 sq ft.
- Setting up manufacturing units in Uttar Pradesh and Hyderabad in coming months.
- 5-year target: manufacturing footprint of 5 Lakh sq ft; annual revenue ₹1,600 Cr.
- Expanding patent portfolio in the US as it scales medical robotics there.
- Targeting indigenous bipedal-walking demonstration by end of FY27.
Investors
- Zoho (existing) — Software company; invested in Genrobotics.
- Unicorn India Ventures (existing) — Venture capital firm; invested in Genrobotics.
- Peak XV Partners (existing) — Venture capital firm; invested in Genrobotics.
- Anand Mahindra (existing) — Businessman and chairman of Mahindra Group; invested in Genrobotics.
Founders
- Vimal Govind MK, CEO
- Arun George, Co-founder
- Nikhil NP, Co-founder
- Rashid K, Co-founder
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