Nifty
:
25178.65
Sensex
:
81287.19
-317.90 (-1.25%)
-961.42 (-1.17%)
Nifty
Sensex
:
:
25178.65
81287.19
-317.90 (-1.25%)
-961.42 (-1.17%)

eMudhra Ltd.

IT - Software

Rating :
49/99

BSE: 543533 | NSE: EMUDHRA

NSE BSE
428.10
27-Feb-2026
  • Open
  • High
  • Low
  • Previous Close
  •  444.95
  •  444.95
  •  420.05
  •  437.90
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  792334
  •  339570340.7
  •  894.1
  •  420.05

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 3,551.79
  • 34.58
  • 5
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 3,512.72
  • 0.29%
  • 4.22

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 54.40%
  • 0.50%
  • 10.00%
  • FII
  • DII
  • Others
  • 4.16%
  • 7.64%
  • 23.30%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 27.09
  • 31.60
  • 27.81

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 27.23
  • 25.43
  • 7.26

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 31.87
  • 37.12
  • 11.12

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • -
  • -
  • 67.56

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • -
  • -
  • 8.52

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • -
  • -
  • 43.34

Earnings Forecasts:

(Updated: 21-02-2026)
Description
2024
2025
2026
2027
Adj EPS
10.22
13.1
17.9
23
P/E Ratio
41.89
32.68
23.92
18.61
Revenue
519.38
711.5
955.7
1198.4
EBITDA
123.93
164.9
225
288.9
Net Income
84.64
108.2
147.8
190.1
ROA
10.46
0.14
0.17
0.19
P/B Ratio
4.76
4.25
3.72
3.20
ROE
12.08
13.7
16.5
18.4
FCFF
24.02
FCFF Yield
0.65
Net Debt
-186.82
112.7
118.3
124.2
BVPS
90
100.7
115.2
133.8

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Net Sales
188.01
138.85
35.41%
172.88
141.22
22.42%
147.30
92.44
59.35%
146.88
99.69
47.34%
Expenses
146.92
108.95
34.85%
131.62
108.84
20.93%
112.62
65.57
71.76%
112.09
66.79
67.82%
EBITDA
41.09
29.90
37.42%
41.25
32.37
27.43%
34.68
26.87
29.07%
34.78
32.90
5.71%
EBIDTM
21.86%
21.54%
23.86%
22.93%
23.54%
29.07%
23.68%
33.00%
Other Income
3.05
2.04
49.51%
2.07
1.45
42.76%
3.32
2.58
28.68%
2.38
3.41
-30.21%
Interest
1.08
0.31
248.39%
0.91
0.68
33.82%
0.20
0.27
-25.93%
-0.11
1.35
-
Depreciation
8.96
6.23
43.82%
9.40
6.01
56.41%
6.73
5.53
21.70%
6.06
5.59
8.41%
PBT
34.10
25.40
34.25%
33.02
27.13
21.71%
31.07
23.65
31.37%
31.21
29.37
6.26%
Tax
5.10
3.00
70.00%
6.58
4.83
36.23%
6.05
5.45
11.01%
6.87
8.17
-15.91%
PAT
29.01
22.40
29.51%
26.44
22.30
18.57%
25.02
18.20
37.47%
24.34
21.20
14.81%
PATM
15.43%
16.13%
15.29%
15.79%
16.99%
19.68%
16.57%
21.27%
EPS
3.50
2.58
35.66%
3.09
2.70
14.44%
3.05
2.20
38.64%
2.94
2.60
13.08%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
655.07
519.38
373.12
248.76
182.64
131.59
116.45
101.58
76.25
68.30
47.26
Net Sales Growth
38.73%
39.20%
49.99%
36.20%
38.79%
13.00%
14.64%
33.22%
11.64%
44.52%
 
Cost Of Goods Sold
50.41
32.05
33.54
29.86
29.70
18.71
24.68
20.43
20.50
23.15
18.00
Gross Profit
604.66
487.34
339.58
218.89
152.93
112.89
91.77
81.15
55.75
45.15
29.26
GP Margin
92.31%
93.83%
91.01%
87.99%
83.73%
85.79%
78.81%
79.89%
73.11%
66.11%
61.91%
Total Expenditure
503.25
395.45
263.56
161.45
115.65
91.67
84.51
69.37
61.35
49.78
36.11
Power & Fuel Cost
-
1.60
1.91
1.38
0.94
0.71
0.89
0.78
0.69
0.59
0.48
% Of Sales
-
0.31%
0.51%
0.55%
0.51%
0.54%
0.76%
0.77%
0.90%
0.86%
1.02%
Employee Cost
-
92.96
81.29
64.36
47.80
41.71
29.22
25.85
18.57
16.86
10.34
% Of Sales
-
17.90%
21.79%
25.87%
26.17%
31.70%
25.09%
25.45%
24.35%
24.69%
21.88%
Manufacturing Exp.
-
190.62
86.46
27.84
5.13
5.55
7.50
5.30
2.84
0.51
0.18
% Of Sales
-
36.70%
23.17%
11.19%
2.81%
4.22%
6.44%
5.22%
3.72%
0.75%
0.38%
General & Admin Exp.
-
40.88
39.79
23.20
18.09
14.96
13.17
9.23
11.29
6.86
5.42
% Of Sales
-
7.87%
10.66%
9.33%
9.90%
11.37%
11.31%
9.09%
14.81%
10.04%
11.47%
Selling & Distn. Exp.
-
33.77
11.10
13.19
13.22
9.77
8.11
7.25
7.27
1.50
1.49
% Of Sales
-
6.50%
2.97%
5.30%
7.24%
7.42%
6.96%
7.14%
9.53%
2.20%
3.15%
Miscellaneous Exp.
-
3.57
9.48
1.61
0.77
0.25
0.94
0.53
0.20
0.30
1.49
% Of Sales
-
0.69%
2.54%
0.65%
0.42%
0.19%
0.81%
0.52%
0.26%
0.44%
0.42%
EBITDA
151.80
123.93
109.56
87.31
66.99
39.92
31.94
32.21
14.90
18.52
11.15
EBITDA Margin
23.17%
23.86%
29.36%
35.10%
36.68%
30.34%
27.43%
31.71%
19.54%
27.12%
23.59%
Other Income
10.82
8.45
6.92
5.30
1.10
0.86
0.35
0.10
0.60
0.62
0.39
Interest
2.08
1.16
3.00
3.38
4.56
0.84
0.67
0.26
0.12
0.12
0.05
Depreciation
31.15
23.83
20.81
15.85
13.07
8.77
8.60
8.50
6.09
5.45
4.63
PBT
129.40
107.40
92.66
73.38
50.46
31.18
23.02
23.55
9.30
13.57
6.86
Tax
24.60
20.16
16.31
12.18
9.32
5.82
4.60
4.21
1.40
3.55
1.54
Tax Rate
19.01%
18.77%
17.60%
16.60%
18.47%
18.67%
19.98%
19.45%
15.05%
26.16%
22.45%
PAT
104.81
84.63
75.06
61.68
41.41
17.46
16.65
17.44
7.90
10.01
5.32
PAT before Minority Interest
102.72
87.23
76.35
61.20
41.14
25.36
18.42
17.44
7.90
10.01
5.32
Minority Interest
-2.09
-2.60
-1.29
0.48
0.27
-7.90
-1.77
0.00
0.00
0.00
0.00
PAT Margin
16.00%
16.29%
20.12%
24.79%
22.67%
13.27%
14.30%
17.17%
10.36%
14.66%
11.26%
PAT Growth
24.63%
12.75%
21.69%
48.95%
137.17%
4.86%
-4.53%
120.76%
-21.08%
88.16%
 
EPS
12.66
10.22
9.07
7.45
5.00
2.11
2.01
2.11
0.95
1.21
0.64

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
745.33
656.29
391.60
152.81
107.36
92.14
75.64
66.34
63.11
54.46
Share Capital
40.66
40.42
37.49
43.69
43.69
43.69
43.69
51.19
55.59
55.66
Total Reserves
693.03
609.64
351.39
108.59
63.67
48.45
31.95
15.15
7.52
-1.21
Non-Current Liabilities
23.49
12.20
11.53
34.94
40.98
31.48
22.60
5.95
3.89
2.11
Secured Loans
0.00
0.00
0.00
19.77
22.09
26.94
18.58
3.41
0.00
0.09
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
3.52
2.57
2.76
2.75
3.27
2.17
1.87
1.23
1.12
0.58
Current Liabilities
97.36
75.73
56.00
70.10
34.32
34.15
21.27
12.49
13.83
5.09
Trade Payables
31.43
23.96
18.21
14.37
3.50
7.79
4.63
1.38
0.38
1.81
Other Current Liabilities
34.49
21.58
15.46
19.00
12.85
7.76
5.69
6.03
7.61
3.13
Short Term Borrowings
0.00
7.47
15.65
25.59
8.71
12.50
7.70
4.87
5.67
0.00
Short Term Provisions
31.43
22.71
6.68
11.15
9.26
6.10
3.26
0.21
0.17
0.15
Total Liabilities
868.13
750.00
459.95
259.15
191.92
158.71
119.51
84.78
80.83
61.66
Net Block
419.06
252.66
162.04
117.47
124.61
62.48
61.60
53.65
58.60
39.10
Gross Block
526.93
348.98
246.22
185.28
181.16
112.38
102.47
89.00
87.93
61.85
Accumulated Depreciation
107.87
96.32
84.17
67.81
56.55
49.90
40.87
35.35
29.33
22.75
Non Current Assets
441.93
310.50
211.63
168.28
146.64
105.26
84.52
66.77
65.27
53.54
Capital Work in Progress
17.39
50.59
47.23
42.92
4.50
40.47
21.77
6.45
0.69
8.25
Non Current Investment
1.64
0.00
0.00
0.00
13.79
0.05
0.15
0.15
0.00
1.50
Long Term Loans & Adv.
0.06
3.12
0.85
1.82
0.11
0.24
0.04
5.30
5.99
2.46
Other Non Current Assets
3.78
4.12
1.51
6.07
3.64
2.02
0.97
1.23
0.00
2.23
Current Assets
426.21
439.50
248.32
90.87
45.27
53.45
35.00
18.01
15.56
8.12
Current Investments
79.51
4.02
20.95
0.00
0.06
0.10
0.00
0.00
0.00
0.00
Inventories
1.40
2.94
1.03
2.14
0.71
1.46
0.28
0.34
0.48
0.92
Sundry Debtors
145.47
103.29
67.22
44.22
14.91
23.40
21.34
5.47
2.63
2.96
Cash & Bank
107.31
245.44
98.38
13.26
7.71
9.19
2.33
6.56
10.77
3.69
Other Current Assets
92.52
4.55
2.29
2.08
21.88
19.30
11.04
5.65
1.67
0.55
Short Term Loans & Adv.
87.80
79.27
58.44
29.17
20.75
17.74
9.78
4.32
0.92
0.29
Net Current Assets
328.85
363.78
192.31
20.76
10.95
19.30
13.73
5.52
1.73
3.03
Total Assets
868.14
750.00
459.95
259.15
191.91
158.71
119.52
84.78
80.83
61.66

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Cash From Operating Activity
101.62
72.52
33.56
21.61
40.94
23.24
PBT
107.40
92.66
73.38
50.46
31.18
23.02
Adjustment
23.93
30.12
17.61
7.30
8.31
8.30
Changes in Working Capital
-18.16
-39.33
-42.36
-31.62
4.29
-4.01
Cash after chg. in Working capital
113.17
83.46
48.63
26.13
43.78
27.31
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-11.56
-10.94
-15.07
-4.53
-2.83
-4.08
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-211.34
-89.45
-106.72
-37.70
-47.08
-28.69
Net Fixed Assets
-12.19
-16.31
-54.63
-28.85
-31.91
Net Investments
-165.13
-46.66
-50.84
-3.30
2.22
Others
-34.02
-26.48
-1.25
-5.55
-17.39
Cash from Financing Activity
-21.35
176.25
127.49
15.98
4.66
12.31
Net Cash Inflow / Outflow
-131.07
159.33
54.33
-0.12
-1.47
6.86
Opening Cash & Equivalents
225.26
66.98
8.26
7.71
9.19
2.33
Closing Cash & Equivalent
101.25
225.26
66.98
8.26
7.71
9.19

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Book Value (Rs.)
90.22
80.41
51.87
20.47
14.07
11.90
ROA
10.78%
12.62%
17.02%
18.24%
14.47%
13.24%
ROE
12.61%
14.70%
22.98%
33.93%
27.82%
24.46%
ROCE
15.41%
17.86%
24.99%
31.40%
23.13%
20.00%
Fixed Asset Turnover
1.19
1.25
1.15
1.00
0.90
1.08
Receivable days
87.41
83.40
81.76
59.09
53.13
70.11
Inventory Days
1.52
1.94
2.33
2.85
3.02
2.73
Payable days
315.50
229.48
199.12
109.78
110.09
91.79
Cash Conversion Cycle
-226.57
-144.14
-115.03
-47.84
-53.94
-18.94
Total Debt/Equity
0.00
0.01
0.04
0.36
0.33
0.45
Interest Cover
93.74
31.84
22.68
12.07
38.07
35.46

Annual Reports:

FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016

News Update:


  • eMudhra launches Agentic AI Security Platform
    27th Feb 2026, 09:29 AM

    Its platform enables organizations to establish cryptographic identities for AI agents, enforce policy-driven authorization, and maintain verifiable audit trails for AI-initiated actions

    Read More
  • eMudhra expands into central Asia with Almaty office to support digital transformation
    21st Feb 2026, 11:15 AM

    The new office will serve as a hub for regional engagements, implementation support, and partnerships, reinforcing eMudhra’s global footprint across emerging and developed markets alike

    Read More
  • eMudhra, LankaPay join hands to power Sri Lanka’s National Digital Signature Ecosystem
    13th Feb 2026, 09:59 AM

    The partnership represents a strategic expansion of the company’s footprint in South Asia

    Read More
  • eMudhra - Quarterly Results
    3rd Feb 2026, 00:00 AM

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.