eMudhra Limited (EMUDHRA.NS)
Bengaluru, KA, IN
eMudhra Limited provides trust and enterprise solutions to individuals and organizations worldwide. The company provides enterprise signing solutions, such as emSinger enterprise signing suite, esign, digital stamp, and eBG; digital security solutions, which include emCA-certifiying authority solutions, identity and access management, and certificate lifecycle management; digital trust services, including private trust services, SSL/TL, code signing, email encryption, document signing, and IoT certificates, as well as emsign CertHub; and emSign managed services comprises public key infrastructure and identity management, and security services. It also offers emSinger enterprise and emSinger for banks; bulksign; and remote sign as-a-services. The company has a strategic partnership with LankaPay (Private) Limited to enable digital signatures across Sri Lanka’s financial and public sector ecosystems. The company was incorporated in 2008 and is based in Bengaluru, India.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -6.00% | -7.97% | -1.86% | -5.69% | -24.49% | -16.83% | -35.80% | +38.51% | +82.71% | +82.71% | +82.71% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 1 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Software - Application: +13.0%+35.1% ★ Q1'26: +31.7% (vs Q1'25)
-
EPS growth Software - Application: +28.6%+27.4% Q1'26: +21.5% (vs Q1'25)
-
FCF margin FCF growth · Software - Application: +45.3%+10.2% Q1'26: -24.4% (vs Q1'25)
-
EBIT margin Software - Application: +9.4%+17.8% ★ Q1'26: +17.0% (vs Q1'25)
-
ROIC Software - Application: +7.5%+12.6% ★ Q1'26: +14.1% (vs Q1'25)
-
Share dilution Software - Application: +0.0%0.0% ★ Q1'26: -0.2% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Software - Application: -1.16×0.18× Q1'26: 0.17× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 1 Rev. Ana. 1 EPS Ana. |
Mar 2027 1 Rev. Ana. 1 EPS Ana. |
Mar 2028 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|
| Revenue |
2.49B
est: 2.43B (+2.3%)
|
3.73B
est: 3.75B (-0.4%)
|
5.19B
est: 5.21B (-0.2%)
|
7.12B
7.12B – 7.12B
+36.7% YoY
|
9.08B
9.08B – 9.08B
+27.6% YoY
|
11.36B
11.36B – 11.36B
+25.2% YoY
|
| EBITDA |
925.57M
est: 781.12M (+18.5%)
|
1.16B
est: 1.20B (-3.2%)
|
1.24B
est: 1.58B (-21.8%)
|
2.17B
2.17B – 2.17B
+36.7% YoY
|
2.76B
2.76B – 2.76B
+27.6% YoY
|
3.46B
3.46B – 3.46B
+25.2% YoY
|
| EBIT |
767.64M
est: 633.45M (+21.2%)
|
955.59M
est: 976.00M (-2.1%)
|
1.00B
est: 1.29B (-22.2%)
|
1.76B
1.76B – 1.76B
+36.7% YoY
|
2.24B
2.24B – 2.24B
+27.6% YoY
|
2.81B
2.81B – 2.81B
+25.2% YoY
|
| Net Income |
616.77M
est: 645.96M (-4.5%)
|
750.64M
est: 803.32M (-6.6%)
|
846.38M
est: 869.22M (-2.6%)
|
1.08B
1.08B – 1.08B
+24.8% YoY
|
1.39B
1.39B – 1.39B
+28.2% YoY
|
1.81B
1.81B – 1.81B
+30.4% YoY
|
| SGA |
207.15M
est: 180.60M (+14.7%)
|
290.93M
est: 278.26M (+4.6%)
|
305.83M
est: 417.42M (-26.7%)
|
570.60M
570.60M – 570.60M
+36.7% YoY
|
727.94M
727.94M – 727.94M
+27.6% YoY
|
911.19M
911.19M – 911.19M
+25.2% YoY
|
| EPS |
8.35
est: 7.80 (+7.1%)
|
9.74
est: 9.70 (+0.4%)
|
10.41
est: 10.50 (-0.9%)
|
13.10
13.10 – 13.10
+24.8% YoY
|
16.80
16.80 – 16.80
+28.2% YoY
|
21.90
21.90 – 21.90
+30.4% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-08 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-07 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-06 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-05 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-04 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-30 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-29 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-28 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-27 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-24 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-23 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-22 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-21 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-20 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-17 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-16 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | State Street SPDR S&P Emerging Markets Small Cap ETF EWX | 0.01% | 92.8K | 0.65% |
| 2 | State Street SPDR Portfolio Emerging Markets ETF SPEM | 0.00% | 172.7K | 0.07% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Venu Madhava | Executive Vice President of Legal & HR and Whole Time Director | 6M | male |
| Biju Varghese | Executive Vice President of Business Asia Pacific Region | 6M | male |
| Janarthanan | Senior Vice President & Head of Customer Success | 5M | male |
| A. Kiran | Senior Vice President of Customer Operations & Admin | 4M | male |
| Ritesh Raj Pariyani | Chief Financial Officer | 4M | male |
| Johnson Xavier | Company Secretary & Compliance Officer | 3M | male |
| Kaushik Srinivasan | Executive VP of Product Engineering, Technology & India Sales and Whole Time Director | 1M | male |
| Scott Rea | Executive Vice President & Strategic Global Advisor | — | male |
| Venkatraman Srinivasan | Founder & Executive Chairman | — | male |
| Arvind Srinivasan | Executive VP of International Sales, Strategy & Marketing and Director | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for EMUDHRA.NS
Short-term intention
Target Price Distribution
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