eMudhra Ltd (EMUDHRA)
₹339.90
Mkt cap
₹2,815 Cr
P/E ratio
24.50
P/B
3.09
Div yield
0.37%
ROE
12.60%
ROCE
15.70%
EPS (TTM)
₹13.87
Book value
₹110
52W range
314–682
Sector
Information Technology
Price history
Previous close
Emudhra is a licensed certifying authority involved in issuing digital signature certificates in India under its eMudhra brand. 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. [1]
NSE EMUDHRABSE 543533
Health check
Mixed
ValuationExpensive
ProfitabilityAverage
GrowthHigh
TechnicalsNeutral
52-week range
−50.13% from high₹340
₹314+8.25% from low₹682
Current
₹339.90
Prev close
₹353.45
Day
−3.83%
Price performance
1D
−3.52%
1W
−3.59%
1M
−45.63%
3M
−25.31%
6M
−30.35%
1Y
−47.62%
YTD
−41.03%
Financials
Revenue, profit & margin
P/E ratio
24.5×
EMUDHRA is 30% above the sector median of 18.8×
EMUDHRA24.5×
Sector median18.8×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 80 | 96 | 97 | 100 | 92 | 141 | 139 | 147 | 147 | 173 | 188 | 193 | 191 | |
| Expenses | 56 | 68 | 73 | 67 | 66 | 109 | 109 | 112 | 113 | 132 | 147 | 151 | 141 | |
| Operating Profit | 24 | 28 | 25 | 33 | 27 | 32 | 30 | 35 | 35 | 41 | 41 | 42 | 50 | |
| OPM % | 30% | 29% | 25% | 33% | 29% | 23% | 22% | 24% | 24% | 24% | 22% | 22% | 26% | |
| Other Income | 1 | 0 | 2 | 3 | 3 | 1 | 2 | 2 | 3 | 2 | 3 | 3 | 2 | |
| Interest | 0 | 0 | 1 | 1 | 0 | 1 | 0 | -0 | 0 | 1 | 1 | 3 | 1 | |
| Depreciation | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 7 | 9 | 9 | 9 | 12 | |
| Profit before tax | 20 | 23 | 20 | 29 | 24 | 27 | 25 | 31 | 31 | 33 | 34 | 33 | 38 | |
| Tax % | 17% | 19% | 2% | 28% | 23% | 18% | 12% | 22% | 19% | 20% | 15% | 11% | 16% | |
| Net Profit | 16 | 19 | 20 | 21 | 18 | 22 | 22 | 24 | 25 | 26 | 29 | 30 | 32 | |
| EPS in Rs | 2.00 | 2.35 | 2.58 | 2.54 | 2.16 | 2.65 | 2.53 | 2.88 | 3.00 | 3.05 | 3.46 | 3.50 | 3.88 | |
| Raw PDF |
Earnings
Results dates & reactionsNext results
4 Nov '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Results analysis
Shareholding
as of Sep 202654.40%Promoter
Promoters54.40%
FIIs3.54%0.38
DIIs8.74%1.81
Public32.52%1.40
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| L&T Technology | ₹4,280.20 | 32.55 | 45,411 | 1.36% | 549 | +19.71% | 3,040 | +12.06% | 26.71% |
| Inventurus Knowl | ₹1,703.80 | 38.29 | 29,248 | 0.00% | 194 | +27.85% | 894 | +20.74% | 31.51% |
| Tata Technolog. | ₹647.10 | 40.01 | 26,276 | 1.29% | 171 | +3.59% | 1,699 | +28.37% | 20.90% |
| Netweb Technol. | ₹4,172.60 | 67.80 | 24,805 | 0.07% | 137 | +334.81% | 1,323 | +335.69% | 37.48% |
| Sagility | ₹42.08 | 18.56 | 19,699 | 0.36% | 284 | +13.31% | 2,032 | +22.53% | 13.41% |
| Affle 3i | ₹1,341.80 | 38.84 | 19,308 | 0.00% | 130 | +17.45% | 784 | +21.16% | 16.84% |
| Black Box | ₹796.75 | 49.53 | 14,150 | 0.13% | 56 | +20.84% | 1,719 | +23.92% | 21.56% |
| eMudhra | ₹339.90 | 24.46 | 2,815 | 0.37% | 32 | +29.22% | 191 | +29.48% | 15.69% |
| Median: 71 Co. | ₹180.35 | 18.80 | 826 | 0.00% | 8 | +19.71% | 125 | +22.46% | 19.48% |
Filings
Annual reports5
Concall transcripts46
TranscriptAug 2026PPTAug 2026RECAug 2026TranscriptMay 2026PPTMay 2026TranscriptFeb 2026RECFeb 2026TranscriptFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptJul 2025PPTJul 2025RECJul 2025TranscriptJul 2025TranscriptMay 2025PPTMay 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025TranscriptNov 2024PPTNov 2024TranscriptAug 2024
Credit ratings6
Announcements5
Intimation Under Regulation 30 - Appointment Of KPMG For Independent Review 30 Oct - eMudhra appointed KPMG to independently review a reported incident.Revision In ESG Rating 28 Oct - SES ESG revised eMudhra’s score to 64.9 from 68.0 on October 28, 2026.Announcement under Regulation 30 (LODR)-Credit Rating 23 Oct - ICRA assigned A Stable/A1 rating for ₹35 crore bank limits on October 23, 2026.Announcement under Regulation 30 (LODR)-Press Release / Media Release 22 Oct - Board approves exit from global SSL/TLS business; core DSC, eSign, PKI and identity services unaffected.Announcement under Regulation 30 (LODR)-Press Release / Media Release 21 Oct - eMudhra says select Global TLS CAs were distrusted; India DSC and eSign unaffected, about 1% revenue impacted.