The call ran from 4:02 PM to 4:46 PM IST (44 min).
Key takeaways
Q2 revenue ₹209 Cr (+19.6%), EBITDA margin 24.5%, PAT ₹33.4 Cr (+26%). A TLS security incident forces FY27 guidance cut to ~₹800 Cr revenue and ~₹125 Cr PAT.
| Revenue growth | Q2 income +19.6% YoY; H1 +23.4%; incident hit falls in H2. |
|---|---|
| Margins | EBITDA margin 24.5% in Q2; ~25% targeted FY28-30. |
| Demand visibility | PQC, DPDP demand rising; conventional digital signatures flat to 8-10%. |
| Management confidence | Balanced: confident tone, but guidance cut and incident acknowledged. |
Growth
Q2 income +19.6%, PAT +26%; enterprise platforms +36%. Operating cash flow hit by creditor payments.
Outlook
FY27 guided ~₹800 Cr revenue, ~₹125 Cr PAT (from ~₹825 Cr, ~₹137 Cr); no growth % given.
Risks
TLS incident (1% of revenue) cuts FY27 guidance ~₹25 Cr revenue, ~₹10-12 Cr PAT; US reputation, Middle East spillover.
Summary by ALFA Finder, written with AI assistance from the earnings call transcript the company filed, published . Open it on ALFA Filings ›
The results behind this call
eMudhra Q2 FY27 Results: Net Profit ₹33.5 Cr, Up 26.9% YoY
eMudhra Ltd reported revenue from operations of ₹207 Cr (+19.7% YoY) and net profit of ₹33.5 Cr (+26.9% YoY) for Q2 FY27.
- Key figure
- Net profit ₹33.5 Cr · +26.9% YoY
What management said last time
Full summary →From the call summary published .
Outlook they gave
Management reaffirmed organic growth guidance of 18% and PAT growth of 25%.
Growth they described
Inorganic growth contributed 13%, while Enterprise Solutions grew 50% YoY, now 65% of revenue.
Call details
| Company | Emudhra Limited |
|---|---|
| NSE symbol | EMUDHRA |
| ISIN | INE01QM01018 |
| Call | Q2 FY27 earnings call |
| Date | Thursday, 5 November 2026 |
| Time | 4:00 PM IST |
| Length | 44 min |
Emudhra Limited: key numbers
- Share price
- ₹384.45
- Market cap
- ₹3,184 Cr
- Revenue (annual)
- ₹701.6 Cr
- Net profit (annual)
- ₹107.8 Cr
- P/E (TTM)
- 26.0×Sector 46.5×
- Promoter holding
- 54.40%+0.00% QoQ
- FII holding
- 3.54%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.