Addverb, a Noida-based robotics and warehouse automation company, reported ₹700 crore in annual revenue for the last fiscal year with an order book of approximately ₹1,300 crore. The firm is expanding its 'Bot Verse' manufacturing facility in Greater Noida, which it describes as the world’s largest single-location facility for mobile robots with an annual production capacity of 100,000 units, to support potential revenues of up to ₹8,500 crore. Historically reliant on e-commerce and retail, which previously accounted for over 90% of earnings, these sectors now represent about 30% of total revenue, with consumer goods and chemicals contributing similar proportions. Emerging demand is coming from electronics and new energy sectors, driven by capital spending in solar module and battery manufacturing plants. In February, the company introduced 'Elixis-W,' its first Indian-made wheeled humanoid robot, and is developing legged versions, collaborative robots, and quadrupeds for surveillance and defense. Addverb’s future performance will depend on maintaining profit margins while investing in research and development at its 'Bot Valley' center in Noida, and its success in executing large-scale orders from the energy and electronics sectors.