Joshua, who has been working in Dubai since the age of 15, gets a call from his family to return home. How he, with the magical support of his sister Jenny, figures to live life in between the joy, pressures, expectations and tragedy is what Koode is about.
Koodevide? movie goes on to show the story taking place between three characters Alice (Suhasini) who lives with her brother and who is a teacher at a convent school in Ooty. A neglected and unruly son of a MP Xavier Puthooran (Jose Prakash) who joins the school in Alice's class. Alice manages to turn him (Rahman) into a prize student. Her boy friend Capt. Thomas (Mammootty) who feels intensely jealous of the attention Alice bestows upon Ravi. He kills the boy apparently by accident but later surrenders to the police, leaving Alice frustrated in all aspects of her life.
Damanan and Madanan are thieves, who have been trying to pull off a good burglary. The break-in they plan goes downhill and the duo jump into a river in an attempt to escape. They lose consciousness while swimming, but both see a dream in which they are washed ashore in a land sans commercialization.