Q1 FY27 earnings transcript: revenue up 28%, EBITDA margin at 26.2%
EMUDHRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
eMudhra reported Q1 FY27 total income of INR 1,925 million, up 28% YoY, with EBITDA at INR 504 million (40% growth, 26.2% margin) and PAT at INR 320 million (28% growth, 16.6% margin). Cryptas contributed around INR 200 million. Enterprise Solutions grew 50% YoY, making up 65% of revenue. Trust Services saw a temporary dip due to FIPS 140-3 token transition, expected to normalize by September. Guidance of 18% organic growth and 25% PAT growth is unchanged. Three-year vision targets doubling of PAT, with Enterprise Solution seen growing 20-25% yearly.
Strong quarter with margin expansion; Cryptas expected profitable in FY27. Watch UAE Trust Service launch by Q2 end and token transition normalization.