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eMudhra Ltd

eMudhra Ltd

EMUDHRA Share Price

NSE
482.350.53% (-2.55)
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With a market cap of ₹3,978 cr, stock is ranked 894

Stock is 2.54x as volatile as Nifty

EMUDHRA Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹3,978 cr, stock is ranked 894

Stock is 2.54x as volatile as Nifty

EMUDHRA Performance & Key Metrics

EMUDHRA Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
36.925.320.26%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
21.715.853.21%

EMUDHRA Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 1 analyst

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

EMUDHRA Company Profile

eMudhra Limited is engaged in the business of providing Digital Trust Services and Enterprise Solutions to individuals and organizations functioning in various industries.

Investor Presentation

View older View older 

May 7, 2026

PDF
View Older Presentations

EMUDHRA Similar Stocks (Peers)

Compare with peers Compare with peers 

EMUDHRA Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
16.97
16.97
1Y Return
34.75%
34.75%
Buy Reco %
69.05
69.05
PE Ratio
16.06
16.06
1Y Return
26.07%
26.07%
Buy Reco %
66.67
66.67
PE Ratio
18.95
18.95
1Y Return
30.35%
30.35%
Buy Reco %
37.50
37.50
PE Ratio
16.44
16.44
1Y Return
17.34%
17.34%
Buy Reco %
28.13
28.13
PE Ratio
29.24
29.24
1Y Return
10.36%
10.36%
Buy Reco %
70.27
70.27
Compare with Peers

EMUDHRA Sentiment Analysis

EMUDHRA Sentiment Analysis

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Crisp summary & key insights to decode earnings calls instantly

EMUDHRA Stock Summary · February 2026

In Q3 FY26, the company achieved a remarkable total income of INR 1,911 million, marking a 35.6% year-on-year growth, primarily driven by robust product-led revenues and a stable recurring revenue model. Despite facing challenges in the U.S. services sector and legal expenses impacting margins, strategic acquisitions like CRYPTAS have bolstered profitability, particularly in Europe. The demand for digital trust and compliance solutions is surging, fueled by regulatory frameworks, while the company’s focus on product differentiation in the Certificate Authority market positions it favorably against competitors. With a healthy cash position and a strong order book exceeding INR 400 crores, the outlook remains cautiously optimistic, emphasizing ongoing investments in advanced technologies and compliance-driven growth opportunities.

EMUDHRA Stock Growth Drivers
EMUDHRA Stock Growth Drivers
7
  • Strong Financial Performance

    eMudhra Limited reported significant financial growth in Q3 FY26, achieving a total income of INR

  • Expansion of Product Offerings and Market Reach

    The company has made significant advancements in its product offerings, particularly in certificate lifecycle management

EMUDHRA Stock Challenges
EMUDHRA Stock Challenges
3
  • Revenue Shortfall

    eMudhra Limited has reported revenue of approximately INR 516 crores over the first nine months,

  • Margin Pressures

    The company has reported an EBITDA margin of 23.1% and an adjusted EBITDA margin of

EMUDHRA Forecast

EMUDHRA Forecasts

Price

Revenue

Earnings

EMUDHRA

EMUDHRA

Income

Balance Sheet

Cash Flow

EMUDHRA Income Statement

EMUDHRA Income Statement

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Quarterdec 2023mar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025mar 2026
Total Revenue99.51103.1095.02142.67140.89149.26150.62174.95191.06196.55
Operating & Other expensessubtract72.7566.7965.57108.84108.95112.10112.62131.62146.93151.39
Depreciation/Amortizationsubtract5.285.595.536.016.236.066.739.408.969.17
Interest & Other Itemssubtract1.001.350.270.680.31-0.110.200.911.092.87
Taxes & Other Itemssubtract0.348.385.805.204.437.326.197.755.434.16
EPS2.652.622.202.702.582.943.053.093.503.53

EMUDHRA Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual Report Pending

Investor Presentation

May 7PDF
Feb 3PDF
Nov 5PDF
Jul 25PDF
FY 2025FY 2025

Annual report

PDF

Investor Presentation

May 7PDF
Jan 29PDF
Oct 30PDF
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF

Investor Presentation

May 2PDF
May 2PDF
Jan 27PDF
FY 2022FY 2022

Annual report

PDF
 

EMUDHRA Stock Peers

EMUDHRA Past Performance & Peer Comparison

EMUDHRA Past Performance & Peer Comparison

Comparing 3 stocks from 
Information TechnologyIT Services & Consulting

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
eMudhra Ltd36.915.320.26%
Tata Consultancy Services Ltd16.977.704.77%
Infosys Ltd16.065.074.11%
HCL Technologies Ltd18.954.534.65%

EMUDHRA Stock Price Comparison

Compare EMUDHRA with any stock or ETF
Compare EMUDHRA with any stock or ETF
EMUDHRA
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EMUDHRA Holdings

EMUDHRA Shareholdings

EMUDHRA Promoter Holdings Trend

EMUDHRA Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

EMUDHRA Institutional Holdings Trend

EMUDHRA Institutional Holdings Trend

Increased Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has increased by 1.19%

Decreased Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has decreased by 1.03%

Tickertape Separator

EMUDHRA Shareholding Pattern

EMUDHRA Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding54.40%7.30%6.03%3.13%29.14%

Jun 2025

Sep 2025

Dec 2025

Mar 2026

EMUDHRA Shareholding History

EMUDHRA Shareholding History

Dec '24MarJunSepDec '25Mar5.04%4.23%4.19%4.15%4.16%3.13%

Mutual Funds Invested in EMUDHRA

Mutual Funds Invested in EMUDHRA

No mutual funds holding trends are available

Top 5 Mutual Funds holding eMudhra Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
6.3980%0.34%0.02%87/262 (+94)
0.6170%0.59%0.08%31/38 (+2)
0.5862%0.82%0.10%44/58 (-1)

Compare 3-month MF holding change on Screener

EMUDHRA Insider Trades & Bulk Stock Deals

EMUDHRA Insider Trades & Bulk Stock Deals

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smallcases containing EMUDHRA stock

smallcases containing EMUDHRA stock

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EMUDHRA Events

EMUDHRA Events

EMUDHRA Dividend Trend

No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year

EMUDHRA has increased or maintained dividend levels over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.26%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.56 every year

Dividends

Corp. Actions

Announcements

Legal Orders

EMUDHRA Dividend Trend

No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year

EMUDHRA has increased or maintained dividend levels over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.26%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.56 every year

EMUDHRA Upcoming Dividends

EMUDHRA Upcoming Dividends

Cash Dividend

Ex DateEx DateJun 18, 2026

Final
Final | Div/Share: ₹1.25

Dividend/Share

1.25

Ex DateEx Date

Jun 18, 2026

EMUDHRA Past Dividends

EMUDHRA Past Dividends

Cash Dividend

Ex DateEx DateJun 18, 2025

Final
Final | Div/Share: ₹1.25

Dividend/Share

1.25

Ex DateEx Date

Jun 18, 2025

Cash Dividend

Ex DateEx DateJun 20, 2024

Final
Final | Div/Share: ₹1.25

Dividend/Share

1.25

Ex DateEx Date

Jun 20, 2024

Cash Dividend

Ex DateEx DateJun 22, 2023

Final
Final | Div/Share: ₹1.25

Dividend/Share

1.25

Ex DateEx Date

Jun 22, 2023

Cash Dividend

Ex DateEx DateJul 28, 2022

Final
Final | Div/Share: ₹1.25

Dividend/Share

1.25

Ex DateEx Date

Jul 28, 2022

EMUDHRA Stock News & Opinions

EMUDHRA Stock News & Opinions

Spotlight
eMudhra Q4 PAT jumps 21% YoY to Rs 29 cr

Profit before tax advanced 6.1% year on year to Rs 33.12 crore in the quarter ended 31 March 2026. Total expenses jumped 38.44% year-on-year to Rs 163.43 crore in Q4 FY26, primarily due to a 57.43% surge in employee benefits expenses to Rs 37.83 crore during the quarter. EBITDA grew 25.5% to Rs 441 crore in Q4 FY26 from Rs 351 crore in Q4 FY25. EBITDA margin declined to 22.4% in Q4 FY26 from 23.5% in Q4 FY25. Commenting on the first quarter results, V. Srinivasan, executive chairman of eMudhra, said, FY2026 was a year of strong, broad-based growth for eMudhra. Total income rose 35.1% to Rs 713.2 crore, EBITDA came in at Rs 165.4 crore, and PAT grew 26.2% to Rs 110.0 crore. Our Enterprise Solutions segment, which now accounts for 59% of revenue, delivered 55% year-on-year growth (organic 23%, inorganic 32%), driven by large-scale Certificate Lifecycle Management and Identity & Access Management deployments across defense, 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.' Meanwhile, the board has recommended a final dividend of Rs 1.25 per share for FY26 on the company's fully paid-up equity share capital, subject to shareholders' approval at the ensuing annual general meeting. eMudhra is a digital trust, digital security, and paperless transformation solution provider. The company is licensed by the Controller of Certifying Authorities (CCA), Ministry of Information Technology, and operates under the guidelines set by the Information Technology Act.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Board of eMudhra recommends final dividend

eMudhra announced that the Board of Directors of the Company at its meeting held on 6 May 2026, inter alia, have recommended the final dividend of Rs 1.25 per equity Share (i.e. 25%) , subject to the approval of the shareholders.

2 weeks agoCapital Market - Live
Corporate
eMudhra to convene AGM

eMudhra announced that the 18th Annual General Meeting(AGM) of the company will be held on 25 June 2026.

2 weeks agoCapital Market - Live
Earnings
eMudhra consolidated net profit rises 21.22% in the March 2026 quarter

Net profit of eMudhra rose 21.22% to Rs 28.96 crore in the quarter ended March 2026 as against Rs 23.89 crore during the previous quarter ended March 2025. Sales rose 31.67% to Rs 193.40 crore in the quarter ended March 2026 as against Rs 146.88 crore during the previous quarter ended March 2025. For the full year,net profit rose 27.35% to Rs 107.79 crore in the year ended March 2026 as against Rs 84.64 crore during the previous year ended March 2025. Sales rose 35.08% to Rs 701.58 crore in the year ended March 2026 as against Rs 519.39 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales193.40146.88 32 701.58519.39 35 OPM %21.7223.68 -22.6723.86 - PBDT42.2937.27 13 165.56131.22 26 PBT33.1231.21 6 131.30107.40 22 NP28.9623.89 21 107.7984.64 27 Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
eMudhra schedules board meeting

eMudhra will hold a meeting of the Board of Directors of the Company on 6 May 2026.

1 month agoCapital Market - Live
Corporate
eMudhra receives ESG rating of 76

eMudhra announced that CFC Finlease (a SEBI registered ESG Rating Agency), has assigned an Environmental, Social and Governance (ESG) score of 76 to the Company. Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
eMudhra consolidated net profit rises 36.72% in the December 2025 quarter

Net profit of eMudhra rose 36.72% to Rs 28.67 crore in the quarter ended December 2025 as against Rs 20.97 crore during the previous quarter ended December 2024. Sales rose 35.41% to Rs 188.01 crore in the quarter ended December 2025 as against Rs 138.85 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales188.01138.85 35 OPM %21.8521.53 - PBDT43.0531.63 36 PBT34.0925.40 34 NP28.6720.97 37 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
eMudhra schedules board meeting

eMudhra will hold a meeting of the Board of Directors of the Company on 2 February 2026.Powered by Capital Market - Live

4 months agoCapital Market - Live
Earnings
eMudhra consolidated net profit rises 15.28% in the September 2025 quarter

Net profit of eMudhra rose 15.28% to Rs 25.28 crore in the quarter ended September 2025 as against Rs 21.93 crore during the previous quarter ended September 2024. Sales rose 22.42% to Rs 172.88 crore in the quarter ended September 2025 as against Rs 141.22 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales172.88141.22 22 OPM %23.8722.93 - PBDT42.4233.14 28 PBT33.0227.13 22 NP25.2821.93 15 Powered by Capital Market - Live

6 months agoCapital Market - Live
Corporate
eMudhra to announce Quarterly Result

eMudhra will hold a meeting of the Board of Directors of the Company on 4 November 2025.Powered by Capital Market - Live

7 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of eMudhra Ltd (EMUDHRA) today?

    The share price of EMUDHRA as on 26th May 2026 is ₹482.35. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on eMudhra Ltd (EMUDHRA) share?

    The past returns of eMudhra Ltd (EMUDHRA) share are
    • Past 1 week: 3.61%
    • Past 1 month: -3.42%
    • Past 3 months: 10.46%
    • Past 6 months: -20.81%
    • Past 1 year: -34.51%
    • Past 3 years: 18.66%
    • Past 5 years: 88.02%

  3. What are the peers or stocks similar to eMudhra Ltd (EMUDHRA)?

    The peers or stocks similar to eMudhra Ltd (EMUDHRA) include:

  4. What is the dividend yield % of eMudhra Ltd (EMUDHRA) share?

    The current dividend yield of eMudhra Ltd (EMUDHRA) is 0.26.

  5. What is the market cap of eMudhra Ltd (EMUDHRA) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of eMudhra Ltd (EMUDHRA) is ₹3978.29 Cr as of 26th May 2026.

  6. What is the 52 week high and low of eMudhra Ltd (EMUDHRA) share?

    The 52-week high of eMudhra Ltd (EMUDHRA) is ₹836.55 and the 52-week low is ₹364.55.

  7. What is the PE and PB ratio of eMudhra Ltd (EMUDHRA) stock?

    The P/E (price-to-earnings) ratio of eMudhra Ltd (EMUDHRA) is 36.91. The P/B (price-to-book) ratio is 5.32.

  8. Which sector does eMudhra Ltd (EMUDHRA) belong to?

    eMudhra Ltd (EMUDHRA) belongs to the Information Technology sector & IT Services & Consulting sub-sector.

  9. How to buy eMudhra Ltd (EMUDHRA) shares?

    You can directly buy eMudhra Ltd (EMUDHRA) shares on Tickertape. Simply sign up, connect your demat account and place your order.