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Results · Professional & Local Services

Genrobotics posts 35% revenue growth in FY26

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Date
Company
Genrobotics
What it does
Robots for hazardous jobs
Kind
Results
Based in
Thiruvananthapuram
Founded
2017
Sector
Professional & Local Services

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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