Robokidz group-entity sales accounted for 57% of FY25 revenue

Robokidz Eduventures Limited reported Rs 33.75 crore of sales to group entities of key managerial personnel in FY25, equivalent to 57.44% of its Rs 58.75 crore revenue from operations. The related-party disclosure identifies a substantial management-linked sales exposure that is not separated in the company’s operating revenue categories.

How much of Robokidz's FY25 revenue came from group entities?

Robokidz generated 57.44% of FY25 operating revenue through sales to group entities of key managerial personnel. The company reported Rs 33.75 crore in such sales for the year ended March 31, 2025, against Rs 58.75 crore of revenue from operations. The percentage is calculated by dividing the disclosed related-party sales by operating revenue.

The calculation uses revenue from operations rather than total income. Robokidz recorded Rs 40.57 lakh of other income in FY25, including Rs 36.12 lakh of interest on fixed deposits, Rs 2.66 lakh of rental income and Rs 1.50 lakh of grant income. Fixed deposits are bank deposits held for a specified term. Adding other income would produce a different denominator from the company’s sales disclosure.

The FY25 revenue statement divides operating revenue into Rs 53.25 crore from educational lab setups and Rs 5.51 crore from sale of services. The related-party table does not allocate the Rs 33.75 crore of group-entity sales between those two categories. It also does not identify which named group entity purchased the goods or services.

What changed in Robokidz's group-entity sales from FY24 to FY25?

Robokidz's group-entity sales rose by Rs 11.82 crore, or 53.91%, from FY24 to FY25. The disclosed amount increased from Rs 21.93 crore in the year ended March 31, 2024 to Rs 33.75 crore in FY25. Revenue from operations increased by Rs 20.59 crore over the same period, from Rs 38.17 crore to Rs 58.75 crore.

The group-entity share of operating revenue was effectively unchanged across the two years. It was 57.45% in FY24 and 57.44% in FY25, a difference of 0.01 percentage points. On the disclosed figures, group-entity sales and total operating revenue expanded at nearly the same rate rather than changing the reported revenue mix materially.

This comparison measures sales concentration, not profitability or cash collection. Robokidz reported restated profit after tax of Rs 4.98 crore in FY25, compared with Rs 2.42 crore in FY24, while group-entity sales increased by Rs 11.82 crore. The related-party table provides no separate margin, cost or profit figure for the sales to management-linked entities.

Which entities are in Robokidz's group-entity disclosure?

Robokidz lists six group entities in the related-party disclosure: Robokidz Retails Private Limited, Inaseinatic Digital Private Limited, Resonzam Synergy Private Limited, Bharat Gyan Vigyan foundation, Khaaan Impex and Technomed Enterprises. The FY25 Rs 33.75 crore sales figure is aggregated under “group entity of key managerial personnel,” rather than attributed to those entities individually.

The stated relationships differ by entity. Robokidz Retails Private Limited became a subsidiary on March 30, 2026 and was a company with common directors until March 29, 2026. Inaseinatic Digital Private Limited, Resonzam Synergy Private Limited and Bharat Gyan Vigyan foundation are described as group companies; Khaaan Impex is a proprietorship firm of key managerial personnel, while Technomed Enterprises is a partnership firm of key managerial personnel.

Key managerial personnel are individuals identified by the company in the related-party list, including directors and officers such as the company secretary and chief financial officer. The disclosure separately records director remuneration of Rs 40 lakh in FY25 and loans taken of Rs 1.88 crore from directors. These are separate transaction categories from the Rs 33.75 crore of sales to group entities.

Does the FY25 disclosure show collection from group-entity sales?

Robokidz's FY25 disclosure does not match group-entity sales with a group-entity trade receivables balance. Total trade receivables were Rs 14.30 crore at March 31, 2025. The related-party outstanding-balance table instead reports Rs 44,000 of trade receivables under key managerial personnel, which is a different relationship category from group entities of key managerial personnel.

The total receivables ageing schedule classified Rs 10.01 crore as due in less than six months, Rs 1.87 crore as due between six months and one year, and Rs 2.42 crore as due between one and two years at March 31, 2025. All Rs 14.30 crore were described as undisputed trade receivables considered good. An ageing schedule classifies receivables by the time elapsed from their due date, but this schedule does not identify related-party customers.

Consequently, the supplied disclosures do not establish what part of the Rs 33.75 crore FY25 group-entity sales had been collected by March 31, 2025. They also do not disclose the sales contracts, prices, credit periods or payment terms for the six named entities. Those omissions leave the customer-level composition and collection profile of the reported related-party sales unresolved.

What does FY26 show about Robokidz's group-entity sales reliance?

Robokidz reported no sales amount to group entities of key managerial personnel in the FY26 related-party sales row, while revenue from operations reached Rs 93.22 crore. The table shows a dash for FY26, compared with Rs 33.75 crore in FY25 and Rs 21.93 crore in FY24. A dash supports only that the table did not report a FY26 sales amount in that category.

FY26 operating revenue was Rs 34.47 crore higher than FY25 revenue from operations. Educational lab setups contributed Rs 72.02 crore in FY26, up from Rs 53.25 crore in FY25, while sale of services rose to Rs 21.21 crore from Rs 5.51 crore. The revenue statement does not name customers or establish whether FY26 growth came from unrelated customers, former related parties or another mix.

Other FY26 related-party transactions continued despite the blank sales row. Robokidz disclosed Rs 7.99 lakh of donations to group entities, Rs 10 lakh of advances given, Rs 10 lakh of advances recovered and Rs 93,000 of reimbursements involving group entities. These transactions are distinct from sales and are much smaller than the Rs 33.75 crore FY25 sales amount.

Conclusion

Robokidz's FY25 disclosures show that sales to group entities of key managerial personnel accounted for 57.44% of Rs 58.75 crore revenue from operations. The corresponding FY24 proportion was 57.45%, meaning the management-linked sales share remained almost level even as group-entity sales rose from Rs 21.93 crore to Rs 33.75 crore.

The next disclosure to watch is whether the FY26 dash for group-entity sales is followed by continued reporting without such sales as operating revenue rose to Rs 93.22 crore. The supplied records do not provide a customer-by-customer allocation, commercial terms or related-party receivables ageing for the Rs 33.75 crore FY25 sales exposure.