Credit Rating
eMudhra: ICRA assigns [ICRA]A (Stable)/[ICRA]A1
eMudhra Ltd: ICRA reviewed the company's bank facilities and assigned [ICRA]A (Stable)/[ICRA]A1 rating to unallocated limits of Rs.35.00 crore on October 23, 2026.
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Upcoming Result Date: Nov 03, 2026
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Credit Rating
eMudhra Ltd: ICRA reviewed the company's bank facilities and assigned [ICRA]A (Stable)/[ICRA]A1 rating to unallocated limits of Rs.35.00 crore on October 23, 2026.
Public Notice/Press Release
eMudhra Ltd will voluntarily exit its global SSL/TLS certificate business after a recent incident; SSL/TLS accounts for ~1% of revenue. Company will support customer transitions and says core enterprise trust services remain unaffected.
Public Notice/Press Release
eMudhra Ltd says eight intermediate CAs and one root in its Global TLS business are being distrusted due to weak keys from a KGC flaw; no infrastructure compromise or data breach; India DSC/eSign unaffected; ~1% revenue impact.
Earnings Call/Transcript
eMudhra Limited has scheduled its Q2 FY2026-27 earnings conference call for results for the quarter and half year ended Sep 30, 2026 on 2026-11-05 at 16:00 IST; dial-in registration and access numbers provided.
IT - Services
IT Enabled Services
2,696 Cr
Moderate Risk
23.0
30.6
1.1
3.2
677.50
330.85
Sales CAGR
Profit CAGR
ROE
ROCE
eMudhra Ltd (EMUDHRA) is currently trading at 325.55 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
eMudhra is a digital trust and PKI company providing certificate issuance, PKI, digital signatures, authentication, paperless workflow and enterprise security solutions; it operates globally with a product portfolio including emSigner, emCA, CertiNext, SecurePass and Trust Services, and positions itself as a platform for identity, cryptography and secure digital transformation. Q1 FY27 revenue grew 27.8% YoY to INR 1,925 million with EBITDA INR 504 million and margin of 26.2%, while PAT rose 27.9% YoY to INR 320 million; Enterprise Solutions drove growth, expanding ~50% YoY and representing roughly 65% of revenue, and international markets now account for 66% of consolidated revenues. The FY26 acquisition of 51% of Cryptas materially broadened eMudhra’s European footprint and regulatory credentials under eIDAS, enabling the first cross-sell wins where CertiNext and emSigner were sold into Cryptas customer accounts and validating the integrated product strategy for eMudhra’s global expansion. Near-term headwinds included a temporary decline in Trust Service token revenue as partners and customers awaited FIPS 140-3/CCA recertification, but management expects normalization by September and continues to guide organic growth of 18% and PAT growth of 25%, with disciplined margin targets and continued R&D investment. Strategically, eMudhra is targeting post-quantum cryptography readiness, Agentic AI security, and privacy compliance (PrivaTrust) as growth pillars while leveraging product-led international expansion and localized trust service launches such as the upcoming UAE QTSP initiative.
Over the past 52 weeks, eMudhra Ltd has traded between a low of ₹330.85 and a high of ₹677.50. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
eMudhra Ltd has a market capitalization of approximately 2,926.15. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
eMudhra Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 25.01 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 2,926.15 Cr, eMudhra Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
eMudhra Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of eMudhra Ltd is 25.01. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
eMudhra reported consolidated revenue from operations of ₹1,940 million for Q1 FY27, up from ₹1,500 million in the year-ago quarter.
eMudhra reported consolidated revenue of ₹1,940 million (₹194 crore) for Q1 FY27 ended June 30, 2026.
eMudhra reported consolidated revenue from operations of ₹1,940 million for Q1 FY27, compared with ₹1,500 million in Q1 FY26.
The eMudhra IPO was sized at ₹412.79 crore, combining a ₹161.00 crore fresh issue and a ₹251.79 crore offer for sale.
