eMudhra Share Price

Commercial Services company eMudhra announced Q4FY26 & FY26 results Consolidated Financial Highlights: Total income for Q4FY26 stood at Rs 1,966 million, reflecting a growth of 2.9% QoQ from Rs 1,911 million in Q3FY25 and a growth of 31.7% YoY from Rs 1,493 million in Q4FY25. EBITDA for Q4FY26 reached Rs 441 million, up 2.1% QoQ from Rs 432 million in Q3FY25 and up 25.5% YoY compared to Rs 351 million in Q4FY25. Profit After Tax (PAT) for Q4FY26 was Rs 296 million, representing an increase of 2.0% QoQ from Rs 290 million in Q3FY25 and a growth of 21.6% YoY from Rs 243 million in Q4FY25. For the full year FY26, total income was Rs 7,132 million, showing a significant increase of 35.1% YoY compared to Rs 5,278 million in FY25. Annual EBITDA for FY26 stood at Rs 1,654 million, registering a growth of 32.6% YoY from Rs 1,248 million in FY25. Net profit for the full year FY26 grew by 26.2% YoY to reach Rs 1,100 million, compared to Rs 872 million in FY25. Basic EPS for FY26 was Rs 13.14, an increase of 26.3% YoY from Rs 10.41 in FY25. The company maintained a debt-free balance sheet with total cash and investments of Rs 1,269 million. Cash flow from operations for FY26 was Rs 1,329 million, representing 101.2% of PBT. Business Highlights Segment-wise Performance: Enterprise Solutions: This segment accounts for 59% of total revenue. It delivered 55% YoY growth in FY26, consisting of 23% organic growth and 32% inorganic growth. Within Enterprise Solutions, the revenue mix by segment was Cybersecurity (76%) and Paperless (24%). Trust Services: This segment (retail DSC and eSign business) contributed 20% to the total revenue. Services: This segment contributed 21% to the total revenue. Geographic Performance: International revenue now constitutes 64% of total revenue, having grown 38.7% YoY. North America remains the company's largest international market. Sector Performance (Enterprise Solutions): The revenue mix by sector was Enterprise (41%), Government & Defence (32%), and BFSI (27%). Order Book: The order book for Enterprise Solutions reached Rs 2,380 million for FY2027, representing a growth of 24.8% YoY. Customer Base: The company has 1,374 enterprise customers, with 25 customers contributing more than Rs 5 crore annually. Revenue Stability: Recurring revenue accounts for 65% of the total revenue. Operational Scale: In India, emSigner processes over 3.5 lakh transactions daily across BFSI and Capital Markets. Research and Innovation: The company invested Rs 601 million in organic IP and Rs 762 million through acquisitions during FY26. Srinivasan, Executive Chairman, eMudhra, said: “FY26 was a year of strong, broad-based growth for eMudhra. Total income rose 35.1% to Rs 7,132 million, EBITDA came in at Rs 1,654 million and PAT grew 26.2% to Rs 1,100 million. Our Enterprise Solutions segment, which now accounts for 59% of revenue, delivered 55% YoY growth (Organic 23%, Inorganic 32%), driven by large-scale Certificate Lifecycle Management and Identity & Access Management deployments across Defence, Banking and Government — a clear validation that our platforms are being chosen for the most mission-critical workloads globally. In India, emSigner continues to process over 3.5 lakh transactions daily in BFSI and Capital Markets, and the Government’s push towards eSign and eStamping adds a new and durable layer of volume growth. Trust Services, our retail DSC and eSign business remains a highly cash-generative anchor for the business. Internationally, revenue grew 38.7% and now constitutes 64% of our total business. North America is our largest international market, where we are building out a recurring enterprise CLM install base across Education, IoT and Financial Services. In Europe, our Cryptas and Primesign acquisition is opening doors into the highly regulated EU market, with NIS2 and DORA mandates acting as strong demand catalysts. The Middle East, Asia Pacific and Africa are emerging growth frontiers — we closed meaningful wins at Central Banks, BFSI, customs authorities and critical infrastructure operators across these regions. We believe Artificial Intelligence is a structural tailwind for eMudhra. The rise of autonomous AI agents creates an entirely new class of machine identities that require cryptographic authentication, auditable signatures and certificate infrastructure — precisely what our platforms deliver. At the same time, AI is dramatically expanding the attack surface across enterprises, making Zero Trust and certificate lifecycle management non-negotiable rather than optional. eMudhra is one of very few vendors positioned to address these shifts in a unified platform. With our continued R&D; focus, we are well placed to sustain growth and expand margins in the years ahead.” Result PDF

• Trendlyne
• 3 weeks ago

Commercial Services company eMudhra announced Q3FY26 results Revenue for the quarter was Rs 1,910.6 million, an increase of 35.6% from the previous year. Operating expense for the quarter was Rs 891.9 million. Gross profit for the quarter was Rs 1,018.7 million, representing a gross margin of 53.3%. EBITDA for the quarter was Rs 441.4 million, with an EBITDA margin of 23.1%. EBIT for the quarter was Rs 352.0 million, with an EBIT margin of 18.4%. Net income for the quarter was Rs 290.0 million, with a net margin of 15.2%. Earnings per share for the quarter was Rs 3.50, an increase of 35.0% from the previous year. Srinivasan, Executive Chairman, eMudhra, said: “We are pleased to report a strong third quarter, marked by a more diversified revenue base across products and geographies. While the US services business is experiencing reduced growth and margins, this was offset by increased product-led revenues across markets and improved performance from Europe following the Cryptas acquisition, resulting in better overall margins. Regulatory mandates such as NIS2, DORA, and related cybersecurity compliance frameworks continue to reinforce demand for our Certificate Lifecycle Management and Identity and Access Management solutions across markets. These regulations are driving more and more adoption of compliant trust and security infrastructure, positioning our platforms well for sustained growth. In eSignature workflows, our focused differentiation in Banking and Financial Services is delivering strong results across India, MEA, and APAC, with exponential growth in transaction volumes across retail banking and capital markets use cases in India. This momentum is further supported by increasing partner-led revenues, as strategic alliances expand our reach and accelerate enterprise adoption globally. Our R&D; investments are translating into early market validation across Converged Identity, advanced Certificate Lifecycle Management, data discovery for privacy compliance, and Post-Quantum Cryptography (PQC). Initial deployments with regulated enterprises are testing these capabilities in live environments, strengthening compliance automation and providing clear pathways for product scaleup” Result PDF

• Trendlyne
• 3 months 3 weeks ago

Commercial Services company eMudhra announced Q2FY26 results Revenue for the quarter was Rs 1,749.5 million, an increase of 22.6% from the previous year. Gross profit for the quarter was Rs 976.3 million, representing a gross margin of 55.8%. Operating expense for the quarter was Rs 773.2 million. EBITDA for the quarter was Rs 433.3 million, with an EBITDA margin of 24.8%. EBIT for the quarter was Rs 339.3 million, with an EBIT margin of 19.4%. Net income for the quarter was Rs 264.4 million, with a net margin of 15.1%. Earnings per share for the quarter was Rs 3.09, an increase of 14.4% from the previous year. V. Srinivasan, Executive Chairman, eMudhra, said: “We are pleased to report a strong second quarter, driven by robust revenue growth and new client wins across the US, Middle East, India and Asia Pacific. This quarter revenue also include revenue from Europe arising out of Cryptas acquisition. This global momentum, together with disciplined operations, sets a solid foundation for sustained growth in the coming year. Regarding our product offerings, emSigner remains the preferred platform for managing complex, multi-party signing workflows as we seek to expand in regulated industries such as Banking and Financial Services. Furthermore, the growing use of our Securepass and Certinext certificate lifecycle management modules underscores our commitment to unifying user and device identity management—enabling organizations to implement seamless and comprehensive access controls that address both human and machine identities. Our recent acquisition of Key and Secrets Management solution complements our cyber security solution portfolio. Our R&D; efforts, particularly in the areas of Converged Identity, Data Privacy, and Generative AI, are continuing, to drive innovation and stay ahead in a rapidly evolving digital landscape. Our strengthened innovation pipeline and enhanced go-to-market capabilities set the stage for future growth” Result PDF

• Trendlyne
• 6 months 3 weeks ago