| 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
- ₹607.90
- Market cap
- ₹5,034 Cr
- Revenue (annual)
- ₹701.6 Cr
- Net profit (annual)
- ₹107.8 Cr
- P/E (TTM)
- 43.8×Sector 40.4×
- 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 Legal & Regulatory
eMudhra Limited announced that the Economic Offence Wing, Navi Mumbai, closed the complaint filed by 3i Infotech Limited, deeming it a civil rather than criminal matter.
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 Results Update
eMudhra reported Q1 FY27 results with revenue of Rs. 1,925 million and PAT of Rs. 320 million. The company continues to see growth in enterprise solutions.
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 Board Meeting Date
eMudhra Limited scheduled a board meeting on July 29, 2026. The board will consider unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.