| Revenue growth | 27.8% YoY for Q1 FY27. |
|---|---|
| Margins | Adj. EBITDA margin at 27.5%; EBITDA margin at 26.2%. |
| Order book | Major wins in UAE Police, Kenyan regulator, and India Tax Dept. |
| Demand visibility | Strong for AI trust, CLM, and post-quantum readiness. |
| Management confidence | High on product-led growth and international expansion. |
Growth
EBITDA grew 40.4% YoY to Rs. 504 Mn; PAT rose 27.9% YoY to Rs. 320 Mn.
Outlook
Launching UAE Trust Services in Q2; focusing on Post-Quantum cryptography and AI governance solutions.
Risks
Trust Services saw -3% YoY growth due to token supply chain disruptions caused by CCA security mandates.
Last quarter's promises, checked
Delivered
- Guided FY26 Revenue INR 675-700 Cr → delivered on track with Q2 run rate (= BEAT)
- Guided Cryptas integration underway → delivered European revenue contribution (= BEAT)
- Guided U.S. Data Center operationalization → delivered first issuances started (= BEAT)
Partly delivered
- Guided PAT margin 15.5-16% → delivered 15.1% in Q2 (= PARTIAL)
Missed
- Guided Trust Services growth → delivered -3% YoY due to supply chain (= MISS)
Investor Presentation filed with NSE, NSE: EMUDHRA. Summary written with AI assistance from the document.
eMudhra Ltd: key numbers
- Share price
- ₹653.45
- Market cap
- ₹5,411 Cr
- Revenue (annual)
- ₹701.6 Cr
- Net profit (annual)
- ₹107.8 Cr
- P/E (TTM)
- 47.0×Sector 41.4×
- Promoter holding
- 54.40%+0.00% QoQ
- FII holding
- 3.92%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from eMudhra Ltd
All →eMudhra Business Update
eMudhra is appointed as a Validation Agent by LEIL to simplify LEI issuance, integrating the process into its existing digital identity and trust services.
eMudhra Earnings Call Transcript: Key Takeaways
eMudhra reports 27.8% YoY income growth, heavily propped by the IdenTrust acquisition. Core trust services faced headwinds from global security token transitions, leading to temporary volume declines.
- Call
- Guides 25% growth
eMudhra Q1 FY27 Results: Net Profit ₹32 Cr, Up 28.0% YoY
eMudhra Ltd reported revenue from operations of ₹190.7 Cr (+29.5% YoY) and net profit of ₹32 Cr (+28.0% YoY) for Q1 FY27.
- Key figure
- Net profit ₹32 Cr · +28.0% YoY
eMudhra Earnings Call: Key Takeaways
eMudhra delivered strong FY26 performance with 35.1% revenue growth and 26.2% PAT growth, driven by expansion in Enterprise Solutions and international markets.
eMudhra Earnings Call: Key Takeaways
eMudhra delivered 35.1% YoY revenue growth in FY26, driven by international expansion and AI-integrated trust infrastructure across 15 global offices.
eMudhra Earnings Call: Key Takeaways
eMudhra delivered robust FY26 results with Total Income of ₹7,132 Mn (+35.1% YoY) and PAT of ₹1,100 Mn (+26.2% YoY). The firm is pivoting towards AI-driven trust infrastructure and international expansion.