EMUDHRABSEeMudhra LtdMediumNeutral
Announced Thu, 7 May · 12:36 IST

Earnings Presentation on the financial results of the Company for the quarter and financial year ended March 31, 2026.

Order Pipeline DisclosedInvestor Communications View source PDF

EMUDHRA · price

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Price reaction · full curve 14 horizons · vs prior close
+2.9%1-day move
₹503.75
prior close
₹543.55
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AI summary

eMudhra reported FY2026 total income of Rs. 7,132 Mn, up 35.1% YoY, with PAT of Rs. 1,100 Mn (+26.2% YoY). Adjusted PAT was Rs. 1,218 Mn (+28.8%) with margins of 17.1%. The company has three business lines: Enterprise Solutions (59% of revenue, 55% growth), Trust Services (20%, 32% growth), and Services (21%, flat growth). Geographically, 64% of revenue is international with North America (34%) and India (36%) as key markets. The company declared a dividend of Rs. 1.25 per share and has Rs. 2,380 Mn order book for FY2027 (+24.8% YoY). R&D spend is maintained at 7-8% of revenue with a focus on Post-Quantum Cryptography and AI integration across all four platforms.

Likely market impact

Strong 35% revenue growth and 28.8% adjusted PAT growth indicate robust business momentum. The disclosed order book of Rs. 2,380 Mn provides near-term revenue visibility. International revenue now at 64% shows successful geographic diversification. Net cash position of Rs. 1,268 Mn and 101.2% cash conversion ratio support shareholder returns and growth investments.