eMudhra（543533）株式概要eMudhra Limitedは、世界中の個人と組織に信託と企業向けソリューションを提供しています。 詳細543533 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長5/6過去の実績3/6財務の健全性6/6配当金1/6報酬収益は年間25.66%増加すると予測されています 過去1年間で収益は27.4%増加しました リスク分析高いレベルの非現金収入 すべてのリスクチェックを見る543533 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW480,107 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA480,107 investors already sharing narrativesYour Fair Value₹Current Price₹457.5035.0% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture020b2016201920222025202620282031Revenue ₹20.3bEarnings ₹3.1bAdvancedSet Fair ValueView all narrativeseMudhra Limited 競合他社Latent View AnalyticsSymbol: NSEI:LATENTVIEWMarket cap: ₹60.8bRITESSymbol: NSEI:RITESMarket cap: ₹102.5bCentral Mine Planning & Design InstituteSymbol: NSEI:CMPDIMarket cap: ₹181.0bInternational Gemological InstituteSymbol: NSEI:IGILMarket cap: ₹149.4b価格と性能株価の高値、安値、推移の概要eMudhra過去の株価現在の株価₹457.5052週高値₹842.2552週安値₹365.75ベータ0.161ヶ月の変化1.28%3ヶ月変化-8.60%1年変化-43.99%3年間の変化-5.06%5年間の変化n/aIPOからの変化76.74%最新ニュースお知らせ • Jul 14eMudhra Limited to Report Q1, 2027 Results on Jul 29, 2026eMudhra Limited announced that they will report Q1, 2027 results on Jul 29, 2026Upcoming Dividend • Jun 11Upcoming dividend of ₹1.25 per shareEligible shareholders must have bought the stock before 18 June 2026. Payment date: 25 July 2026. Payout ratio is a comfortable 9.5% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.4%).Declared Dividend • May 08Dividend of ₹1.25 announcedDividend of ₹1.25 is the same as last year. Ex-date: 18th June 2026 Payment date: 25th July 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.1%. Sustainability & Growth Dividend is covered by earnings (12% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has not increased over the past 4 years but payments have been stable during that time. Earnings per share has grown by 40% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 07Full year 2026 earnings: EPS in line with expectations, revenues disappointFull year 2026 results: EPS: ₹13.14 (up from ₹10.41 in FY 2025). Revenue: ₹7.13b (up 37% from FY 2025). Net income: ₹1.08b (up 27% from FY 2025). Profit margin: 15% (down from 16% in FY 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Professional Services industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 16% per year.お知らせ • May 07+ 1 more updateeMudhra Limited announces Annual dividend, payable on July 25, 2026eMudhra Limited announced Annual dividend of INR 1.2500 per share payable on July 25, 2026, ex-date on June 18, 2026 and record date on June 18, 2026.お知らせ • Apr 17eMudhra Limited to Report Q4, 2026 Results on May 06, 2026eMudhra Limited announced that they will report Q4, 2026 results on May 06, 2026最新情報をもっと見るRecent updatesお知らせ • Jul 14eMudhra Limited to Report Q1, 2027 Results on Jul 29, 2026eMudhra Limited announced that they will report Q1, 2027 results on Jul 29, 2026Upcoming Dividend • Jun 11Upcoming dividend of ₹1.25 per shareEligible shareholders must have bought the stock before 18 June 2026. Payment date: 25 July 2026. Payout ratio is a comfortable 9.5% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.4%).Declared Dividend • May 08Dividend of ₹1.25 announcedDividend of ₹1.25 is the same as last year. Ex-date: 18th June 2026 Payment date: 25th July 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.1%. Sustainability & Growth Dividend is covered by earnings (12% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has not increased over the past 4 years but payments have been stable during that time. Earnings per share has grown by 40% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 07Full year 2026 earnings: EPS in line with expectations, revenues disappointFull year 2026 results: EPS: ₹13.14 (up from ₹10.41 in FY 2025). Revenue: ₹7.13b (up 37% from FY 2025). Net income: ₹1.08b (up 27% from FY 2025). Profit margin: 15% (down from 16% in FY 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Professional Services industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 16% per year.お知らせ • May 07+ 1 more updateeMudhra Limited announces Annual dividend, payable on July 25, 2026eMudhra Limited announced Annual dividend of INR 1.2500 per share payable on July 25, 2026, ex-date on June 18, 2026 and record date on June 18, 2026.お知らせ • Apr 17eMudhra Limited to Report Q4, 2026 Results on May 06, 2026eMudhra Limited announced that they will report Q4, 2026 results on May 06, 2026Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₹452, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 19x in the Professional Services industry in India. Total returns to shareholders of 81% over the past three years.Price Target Changed • Feb 04Price target decreased by 12% to ₹918Down from ₹1,045, the current price target is provided by 1 analyst. New target price is 75% above last closing price of ₹525. Stock is down 22% over the past year. The company posted earnings per share of ₹10.41 last year.Reported Earnings • Feb 03Third quarter 2026 earnings released: EPS: ₹3.50 (vs ₹2.58 in 3Q 2025)Third quarter 2026 results: EPS: ₹3.50 (up from ₹2.58 in 3Q 2025). Revenue: ₹1.91b (up 38% from 3Q 2025). Net income: ₹286.7m (up 37% from 3Q 2025). Profit margin: 15% (in line with 3Q 2025). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Professional Services industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 12eMudhra Limited to Report Q3, 2026 Results on Feb 02, 2026eMudhra Limited announced that they will report Q3, 2026 results on Feb 02, 2026Reported Earnings • Nov 06Second quarter 2026 earnings released: EPS: ₹3.09 (vs ₹2.70 in 2Q 2025)Second quarter 2026 results: EPS: ₹3.09 (up from ₹2.70 in 2Q 2025). Revenue: ₹1.75b (up 24% from 2Q 2025). Net income: ₹252.8m (up 15% from 2Q 2025). Profit margin: 14% (down from 16% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 14eMudhra Limited to Report Q2, 2026 Results on Nov 04, 2025eMudhra Limited announced that they will report Q2, 2026 results on Nov 04, 2025Price Target Changed • Jul 30Price target increased by 9.4% to ₹1,045Up from ₹955, the current price target is provided by 1 analyst. New target price is 33% above last closing price of ₹786. Stock is down 10% over the past year. The company is forecast to post earnings per share of ₹14.40 for next year compared to ₹10.41 last year.Reported Earnings • Jul 25First quarter 2026 earnings released: EPS: ₹3.05 (vs ₹2.20 in 1Q 2025)First quarter 2026 results: EPS: ₹3.05 (up from ₹2.20 in 1Q 2025). Revenue: ₹1.51b (up 63% from 1Q 2025). Net income: ₹248.8m (up 39% from 1Q 2025). Profit margin: 17% (down from 19% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Professional Services industry in India. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 08eMudhra Limited to Report Q1, 2026 Results on Jul 24, 2025eMudhra Limited announced that they will report Q1, 2026 results on Jul 24, 2025お知らせ • Jun 26eMudhra Limited Announces Board AppointmentseMudhra Limited at its 17th Annual General Meeting held on June 25, 2025, approved to appoint Mr. Venkatadri Chandrasekaran (DIN: 03 126243) as an Independent Director of the Company and appoint Mr. Shivanand Rama Shettigar (DIN: 00209835) as an Independent Director of the Company.Upcoming Dividend • Jun 11Upcoming dividend of ₹1.25 per shareEligible shareholders must have bought the stock before 18 June 2025. Payment date: 25 July 2025. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (1.1%).Reported Earnings • May 10Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ₹10.41 (up from ₹9.74 in FY 2024). Revenue: ₹5.28b (up 42% from FY 2024). Net income: ₹846.4m (up 13% from FY 2024). Profit margin: 16% (down from 20% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.7%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Professional Services industry in India.Declared Dividend • May 08Dividend of ₹1.25 announcedDividend of ₹1.25 is the same as last year. Ex-date: 18th June 2025 Payment date: 25th July 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.1%. Sustainability & Growth Dividend is covered by earnings (13% earnings payout ratio) but not covered by cash flows (103% cash payout ratio). The dividend has not increased over the past 3 years but payments have been stable during that time. Earnings per share has grown by 33% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • May 07+ 1 more updateeMudhra Limited, Annual General Meeting, Jun 25, 2025eMudhra Limited, Annual General Meeting, Jun 25, 2025.お知らせ • Apr 22eMudhra Limited to Report Q4, 2025 Results on May 06, 2025eMudhra Limited announced that they will report Q4, 2025 results on May 06, 2025お知らせ • Mar 28eMudhra Limited Announces Cessation of Manoj Pundalik Kunkalienkar as Independent Director, Effective March 31, 2025eMudhra Limited announced the second term of five (5) consecutive years of Mr. Manoj Pundalik Kunkalienkar, an Independent Director of the Company, will come to an end on March 31, 2025, and consequently, he will cease to be an Independent Director of the Company with effect from the close of business hours on March 31, 2025. Subsequently, he will also cease to be a Member of the Nomination and Remuneration Committee and the Stakeholders Relationship Committee of the Company.Valuation Update With 7 Day Price Move • Feb 04Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₹680, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 32x in the Professional Services industry in India. Total returns to shareholders of 38% over the past year.Reported Earnings • Jan 29Third quarter 2025 earnings released: EPS: ₹2.58 (vs ₹2.65 in 3Q 2024)Third quarter 2025 results: EPS: ₹2.58. Revenue: ₹1.41b (up 45% from 3Q 2024). Net income: ₹209.7m (up 4.2% from 3Q 2024). Profit margin: 15% (down from 21% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Professional Services industry in India.お知らせ • Jan 08eMudhra Limited to Report Q3, 2025 Results on Jan 28, 2025eMudhra Limited announced that they will report Q3, 2025 results on Jan 28, 2025Board Change • Dec 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Chandrasekar Padmanabhan was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 30Second quarter 2025 earnings released: EPS: ₹2.70 (vs ₹2.43 in 2Q 2024)Second quarter 2025 results: EPS: ₹2.70 (up from ₹2.43 in 2Q 2024). Revenue: ₹1.43b (up 48% from 2Q 2024). Net income: ₹219.3m (up 19% from 2Q 2024). Profit margin: 15% (down from 19% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Professional Services industry in India.お知らせ • Oct 07eMudhra Limited to Report Q2, 2025 Results on Oct 29, 2024eMudhra Limited announced that they will report Q2, 2025 results on Oct 29, 2024Reported Earnings • Jul 31First quarter 2025 earnings released: EPS: ₹2.20 (vs ₹2.07 in 1Q 2024)First quarter 2025 results: EPS: ₹2.20 (up from ₹2.07 in 1Q 2024). Revenue: ₹950.2m (up 19% from 1Q 2024). Net income: ₹178.5m (up 15% from 1Q 2024). Profit margin: 19% (in line with 1Q 2024). Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Professional Services industry in India.お知らせ • Jul 12eMudhra Limited to Report Q1, 2025 Results on Jul 30, 2024eMudhra Limited announced that they will report Q1, 2025 results on Jul 30, 2024Upcoming Dividend • Jun 13Upcoming dividend of ₹1.25 per shareEligible shareholders must have bought the stock before 20 June 2024. Payment date: 27 July 2024. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (1.2%).お知らせ • Jun 13eMudhra Limited Appoints Carmine Auletta as Managing Director for the European Market and Also Designated as Senior Managerial PersonneleMudhra Limited announced the appointment of Mr. Carmine Auletta as Managing Director for the European Market and also designated as Senior Managerial Personnel ("SMP") in the Company with effect from June 11, 2024. Mr. Carmine Auletta has 30 years of experience in the digital transformation and technology sectors, having worked with various multinational corporations and leading consultancies across the United States and Europe. Auletta brings deep experience and expertise in the European Digital Trust Market from his past work experiences, where he successfully completed, among other achievements, the acquisition of several companies in this field. He has served as Chairman of AssoCertificatori, the association of Italian Trust Service Providers and as Board Member and Executive Committee Member of the Cloud Signature Consortium, a Bruxelles- based association committed to define the global standards for digital signatures. He will be responsible for driving eMudhra's growth and expansion in the European market, where the company offers its innovative solutions for digital signature, identity assurance, data security, and paperless workflows.Reported Earnings • May 01Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₹9.74 (up from ₹8.35 in FY 2023). Revenue: ₹3.80b (up 53% from FY 2023). Net income: ₹750.6m (up 22% from FY 2023). Profit margin: 20% (down from 25% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.1%. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Professional Services industry in India.Declared Dividend • May 01Dividend of ₹1.25 announcedDividend of ₹1.25 is the same as last year. Ex-date: 20th June 2024 Payment date: 27th July 2024 Dividend yield will be 0.2%, which is lower than the industry average of 1.1%. Sustainability & Growth Dividend is covered by earnings (15% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has not increased over the past 2 years but payments have been stable during that time. EPS is expected to grow by 87% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 01eMudhra Limited, Annual General Meeting, Jun 27, 2024eMudhra Limited, Annual General Meeting, Jun 27, 2024.お知らせ • Apr 30eMudhra Limited Recommends Final Dividend for the Financial Year 2023-24eMudhra Limited announced that at its board meeting held on April 29, 2024, recommended the final dividend of INR 1.25 per share for the financial year 2023-24 on its fully paid-up Equity Share Capital of the Company subject to the approval of shareholders in the upcoming Annual General Meeting of the company.お知らせ • Apr 17eMudhra Limited to Report Q4, 2024 Results on Apr 29, 2024eMudhra Limited announced that they will report Q4, 2024 results on Apr 29, 2024New Risk • Mar 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Shareholders have been diluted in the past year (6.1% increase in shares outstanding).Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹560, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 34x in the Professional Services industry in India. Total returns to shareholders of 115% over the past year.Reported Earnings • Feb 06Third quarter 2024 earnings released: EPS: ₹2.65 (vs ₹2.00 in 3Q 2023)Third quarter 2024 results: EPS: ₹2.65 (up from ₹2.00 in 3Q 2023). Revenue: ₹995.1m (up 63% from 3Q 2023). Net income: ₹201.3m (up 31% from 3Q 2023). Profit margin: 20% (down from 25% in 3Q 2023). The decrease in margin was driven by higher expenses.お知らせ • Feb 05eMudhra Limited Appoints Ritesh Raj Pariyani as Chief Financial OfficerThe Board of Directors of eMudhra Limited at its meeting held on February 05, 2024, approved the appointment of Mr. Ritesh Raj Pariyani as Chief Financial Officer and Key Managerial Personnel (KMP) of the Company with effect from February 05, 2024, as recommended by the Nomination and Remuneration Committee. Ritesh Raj Pariyani has 13 years of extensive experience in core business finance, including Plant Controlling, Financial Reporting, Governance and Audit. He is a Chartered Accountant, Associated member of ICAI and a Company Secretary, Associated Member of ICSI. Ritesh has held strategic positions with several corporates and led finance function. He has also played a pivotal role in implementing finance ERPs and digital initiatives. Before joining eMudhra, he was the Sr Manager finance in AXA Business Services Private Limited.お知らせ • Jan 26eMudhra Limited to Report Q3, 2024 Results on Feb 05, 2024eMudhra Limited announced that they will report Q3, 2024 results on Feb 05, 2024New Risk • Jan 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risk Shareholders have been diluted in the past year (6.1% increase in shares outstanding).Reported Earnings • Nov 09Second quarter 2024 earnings released: EPS: ₹2.43 (vs ₹2.19 in 2Q 2023)Second quarter 2024 results: EPS: ₹2.43 (up from ₹2.19 in 2Q 2023). Revenue: ₹967.0m (up 65% from 2Q 2023). Net income: ₹183.7m (up 10% from 2Q 2023). Profit margin: 19% (down from 28% in 2Q 2023). The decrease in margin was driven by higher expenses.お知らせ • Nov 09eMudhra Limited Announces Resignation of Mr. Saji K Louiz as Chief Financial OfficereMudhra Limited announced that Mr. Saji K Louiz - Chief Financial Officer and Key Managerial Personnel of the Company, has tendered his resignation vide letter dated November 08, 2023, due to personal reasons. The resignation will take effect from the date on which he will be relieved from his position. Mr. Saji K Louiz will also cease to be a Key Managerial Personnel.お知らせ • Oct 31eMudhra Limited to Report Q2, 2024 Results on Nov 08, 2023eMudhra Limited announced that they will report Q2, 2024 results on Nov 08, 2023New Risk • Aug 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹521, the stock trades at a trailing P/E ratio of 61.6x. Average trailing P/E is 23x in the Professional Services industry in India. Total returns to shareholders of 47% over the past year.Reported Earnings • Jul 29First quarter 2024 earnings released: EPS: ₹2.07 (vs ₹1.76 in 1Q 2023)First quarter 2024 results: EPS: ₹2.07 (up from ₹1.76 in 1Q 2023). Revenue: ₹807.3m (up 55% from 1Q 2023). Net income: ₹155.8m (up 12% from 1Q 2023). Profit margin: 19% (down from 27% in 1Q 2023). The decrease in margin was driven by higher expenses.お知らせ • Jul 21eMudhra Limited to Report Q1, 2024 Results on Jul 28, 2023eMudhra Limited announced that they will report Q1, 2024 results on Jul 28, 2023Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹483, the stock trades at a trailing P/E ratio of 58.6x. Average trailing P/E is 23x in the Professional Services industry in India. Total returns to shareholders of 94% over the past year.New Risk • Jul 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (37% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change).お知らせ • Jun 30eMudhra Appoints Scott Rea as Senior Vice President - Global Strategic AdvisoreMudhra announced the appointment of industry veteran Scott Rea as its Senior Vice President - Global Strategic Advisor. Rea will be based in Utah, North America, and his role will focus on expanding eMudhra's presence and influence in PKI and digital signing domain in North America and Europe. With over 25 years of experience in managing relationships and fostering business opportunities with pivotal government and industry clients, Rea's expertise in digital transformation and managed PKI projects is unparalleled. His leadership and insights will play an instrumental role in driving eMudhra's growth and reinforcing its standing in the global PKI and signing domain. Prior to joining eMudhra, Rea held a distinguished career leading DigitalTrust, the United Arab Emirates National PKI provider, where he was esponsible for the design and implementation of the UAE National Digital ID (UAEPASS) and other national PKIs in the Gulf region. His previous roles also include serving as senior vice president of Trust Services at DarkMatter, senior PKI architect at DigiCert, and senior PKI architect for Dartmouth College. In his new role at eMudhra, Rea will provide strategic and technical direction on product roadmaps across the PKI and Signing portfolio, ensuring the products maintain global relevance and are poised for future expansion. His deep understanding of the industry, coupled with his strategic leadership, will be critical in shaping eMudhra's products and services and positioning them for success in the global markets.Upcoming Dividend • Jun 15Upcoming dividend of ₹1.25 per share at 0.3% yieldEligible shareholders must have bought the stock before 22 June 2023. Payment date: 29 July 2023. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.6%).Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹406, the stock trades at a trailing P/E ratio of 51.4x. Average trailing P/E is 24x in the Professional Services industry in India.Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹315, the stock trades at a trailing P/E ratio of 40x. Average trailing P/E is 27x in the Professional Services industry in India.Reported Earnings • Apr 30Full year 2023 earnings released: EPS: ₹8.35 (vs ₹5.90 in FY 2022)Full year 2023 results: EPS: ₹8.35 (up from ₹5.90 in FY 2022). Revenue: ₹2.54b (up 39% from FY 2022). Net income: ₹616.8m (up 49% from FY 2022). Profit margin: 24% (up from 23% in FY 2022). The increase in margin was driven by higher revenue.Reported Earnings • Jan 26Third quarter 2023 earnings released: EPS: ₹2.00 (vs ₹1.54 in 3Q 2022)Third quarter 2023 results: EPS: ₹2.00 (up from ₹1.54 in 3Q 2022). Revenue: ₹623.9m (up 37% from 3Q 2022). Net income: ₹153.2m (up 42% from 3Q 2022). Profit margin: 25% (in line with 3Q 2022).お知らせ • Jan 26eMudhra Limited Approves Retirement of Ashwin Jansale as Senior Vice President, Effective from April 15, 2023eMudhra Limited Board of Directors of the Company at its meeting held January 25, 2023, approved the following: Pre-mature Retirement of Mr. Ashwin Jansale as Senior Vice President and Head of Channel Sales effective from April 15, 2023.Reported Earnings • Oct 21Second quarter 2023 earnings released: EPS: ₹2.19 (vs ₹1.54 in 2Q 2022)Second quarter 2023 results: EPS: ₹2.19 (up from ₹1.54 in 2Q 2022). Revenue: ₹598.7m (up 32% from 2Q 2022). Net income: ₹166.4m (up 54% from 2Q 2022). Profit margin: 28% (up from 24% in 2Q 2022). The increase in margin was driven by higher revenue.お知らせ • Oct 04eMudhra Limited to Report Q2, 2023 Results on Oct 19, 2022eMudhra Limited announced that they will report Q2, 2023 results on Oct 19, 2022Valuation Update With 7 Day Price Move • Jul 30Investor sentiment improved over the past weekAfter last week's 35% share price gain to ₹342, the stock trades at a trailing P/E ratio of 58.2x. Average trailing P/E is 36x in the Professional Services industry in India.Recent Insider Transactions • Jul 29Senior VP & Head of Channel Sales recently sold ₹6.6m worth of stockOn the 26th of July, Ashwin Jansale sold around 20k shares on-market at roughly ₹333 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹9.8m more than they bought in the last 12 months.Reported Earnings • Jul 25First quarter 2023 earnings released: EPS: ₹1.76 (vs ₹1.06 in 1Q 2022)First quarter 2023 results: EPS: ₹1.76 (up from ₹1.06 in 1Q 2022). Revenue: ₹528.2m (up 35% from 1Q 2022). Net income: ₹138.9m (up 87% from 1Q 2022). Profit margin: 26% (up from 19% in 1Q 2022). The increase in margin was driven by higher revenue.お知らせ • Jul 15eMudhra Limited to Report Q1, 2023 Results on Jul 23, 2022eMudhra Limited announced that they will report Q1, 2023 results on Jul 23, 2022Reported Earnings • Jun 13Full year 2022 earnings released: EPS: ₹5.86 (vs ₹2.49 in FY 2021)Full year 2022 results: EPS: ₹5.86 (up from ₹2.49 in FY 2021). Revenue: ₹1.84b (up 40% from FY 2021). Net income: ₹414.1m (up 137% from FY 2021). Profit margin: 23% (up from 13% in FY 2021). The increase in margin was driven by higher revenue.お知らせ • Jun 12+ 1 more updateeMudhra Limited, Annual General Meeting, Aug 05, 2022eMudhra Limited, Annual General Meeting, Aug 05, 2022. Agenda: To recommended a final dividend for the financial year ended March 31, 2022; to approve the appointment of M/s. Suri & Co., Chartered Accountants, as Statutory Auditors of the company for a period of 5 years; and to consider the other matters.株主還元543533IN Professional ServicesIN 市場7D1.7%-0.9%-1.0%1Y-44.0%-18.1%-1.5%株主還元を見る業界別リターン: 543533過去 1 年間で-18.1 % の収益を上げたIndian Professional Services業界を下回りました。リターン対市場: 543533は、過去 1 年間で-1.5 % のリターンを上げたIndian市場を下回りました。価格変動Is 543533's price volatile compared to industry and market?543533 volatility543533 Average Weekly Movement4.2%Professional Services Industry Average Movement5.8%Market Average Movement6.0%10% most volatile stocks in IN Market9.1%10% least volatile stocks in IN Market3.7%安定した株価: 543533 、 Indian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 543533の 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2008604Venu Madhavawww.emudhra.comeMudhra Limited は、世界中の個人と組織に信頼と企業向けソリューションを提供している。emSingerエンタープライズ署名スイート、esign、デジタルスタンプ、eBGなどのエンタープライズ署名ソリューション、emCA認証ソリューション、IDおよびアクセス管理、多要素認証、CLMなどのデジタルセキュリティソリューション、プライベートトラストサービス、SSL/TL、コード署名、電子メール暗号化、文書署名、IoT証明書、emsign CertHubなどのデジタルトラストサービス、emSignマネージドサービスを提供している。emSingerエンタープライズ、emSinger銀行向け、バルクサイン、リモートサインas-a-servicesを提供している。銀行、政府機関、製造業、医療、航空、QTSP、通信、企業、電気自動車などの業界にサービスを提供している。同社は2008年に設立され、インドのベンガルールを拠点としている。もっと見るeMudhra Limited 基礎のまとめeMudhra の収益と売上を時価総額と比較するとどうか。543533 基礎統計学時価総額₹37.55b収益（TTM）₹1.08b売上高(TTM)₹7.02b34.8xPER（株価収益率5.4xP/Sレシオ543533 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計543533 損益計算書（TTM）収益₹7.02b売上原価₹4.69b売上総利益₹2.32bその他の費用₹1.25b収益₹1.08b直近の収益報告Mar 31, 2026次回決算日Jul 29, 2026一株当たり利益（EPS）13.14グロス・マージン33.13%純利益率15.36%有利子負債／自己資本比率2.6%543533 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.3%現在の配当利回り10%配当性向543533 配当は確実ですか？543533 配当履歴とベンチマークを見る543533 、いつまでに購入すれば配当金を受け取れますか？eMudhra 配当日配当落ち日Jun 18 2026配当支払日Jul 25 2026配当落ちまでの日数36 days配当支払日までの日数1 day543533 配当は確実ですか？543533 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/23 04:14終値2026/07/23 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋eMudhra Limited 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Piyush Kumar PandeyCentrum Broking Limited
お知らせ • Jul 14eMudhra Limited to Report Q1, 2027 Results on Jul 29, 2026eMudhra Limited announced that they will report Q1, 2027 results on Jul 29, 2026
Upcoming Dividend • Jun 11Upcoming dividend of ₹1.25 per shareEligible shareholders must have bought the stock before 18 June 2026. Payment date: 25 July 2026. Payout ratio is a comfortable 9.5% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.4%).
Declared Dividend • May 08Dividend of ₹1.25 announcedDividend of ₹1.25 is the same as last year. Ex-date: 18th June 2026 Payment date: 25th July 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.1%. Sustainability & Growth Dividend is covered by earnings (12% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has not increased over the past 4 years but payments have been stable during that time. Earnings per share has grown by 40% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 07Full year 2026 earnings: EPS in line with expectations, revenues disappointFull year 2026 results: EPS: ₹13.14 (up from ₹10.41 in FY 2025). Revenue: ₹7.13b (up 37% from FY 2025). Net income: ₹1.08b (up 27% from FY 2025). Profit margin: 15% (down from 16% in FY 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Professional Services industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 16% per year.
お知らせ • May 07+ 1 more updateeMudhra Limited announces Annual dividend, payable on July 25, 2026eMudhra Limited announced Annual dividend of INR 1.2500 per share payable on July 25, 2026, ex-date on June 18, 2026 and record date on June 18, 2026.
お知らせ • Apr 17eMudhra Limited to Report Q4, 2026 Results on May 06, 2026eMudhra Limited announced that they will report Q4, 2026 results on May 06, 2026
お知らせ • Jul 14eMudhra Limited to Report Q1, 2027 Results on Jul 29, 2026eMudhra Limited announced that they will report Q1, 2027 results on Jul 29, 2026
Upcoming Dividend • Jun 11Upcoming dividend of ₹1.25 per shareEligible shareholders must have bought the stock before 18 June 2026. Payment date: 25 July 2026. Payout ratio is a comfortable 9.5% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.4%).
Declared Dividend • May 08Dividend of ₹1.25 announcedDividend of ₹1.25 is the same as last year. Ex-date: 18th June 2026 Payment date: 25th July 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.1%. Sustainability & Growth Dividend is covered by earnings (12% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has not increased over the past 4 years but payments have been stable during that time. Earnings per share has grown by 40% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 07Full year 2026 earnings: EPS in line with expectations, revenues disappointFull year 2026 results: EPS: ₹13.14 (up from ₹10.41 in FY 2025). Revenue: ₹7.13b (up 37% from FY 2025). Net income: ₹1.08b (up 27% from FY 2025). Profit margin: 15% (down from 16% in FY 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Professional Services industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 16% per year.
お知らせ • May 07+ 1 more updateeMudhra Limited announces Annual dividend, payable on July 25, 2026eMudhra Limited announced Annual dividend of INR 1.2500 per share payable on July 25, 2026, ex-date on June 18, 2026 and record date on June 18, 2026.
お知らせ • Apr 17eMudhra Limited to Report Q4, 2026 Results on May 06, 2026eMudhra Limited announced that they will report Q4, 2026 results on May 06, 2026
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₹452, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 19x in the Professional Services industry in India. Total returns to shareholders of 81% over the past three years.
Price Target Changed • Feb 04Price target decreased by 12% to ₹918Down from ₹1,045, the current price target is provided by 1 analyst. New target price is 75% above last closing price of ₹525. Stock is down 22% over the past year. The company posted earnings per share of ₹10.41 last year.
Reported Earnings • Feb 03Third quarter 2026 earnings released: EPS: ₹3.50 (vs ₹2.58 in 3Q 2025)Third quarter 2026 results: EPS: ₹3.50 (up from ₹2.58 in 3Q 2025). Revenue: ₹1.91b (up 38% from 3Q 2025). Net income: ₹286.7m (up 37% from 3Q 2025). Profit margin: 15% (in line with 3Q 2025). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Professional Services industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 12eMudhra Limited to Report Q3, 2026 Results on Feb 02, 2026eMudhra Limited announced that they will report Q3, 2026 results on Feb 02, 2026
Reported Earnings • Nov 06Second quarter 2026 earnings released: EPS: ₹3.09 (vs ₹2.70 in 2Q 2025)Second quarter 2026 results: EPS: ₹3.09 (up from ₹2.70 in 2Q 2025). Revenue: ₹1.75b (up 24% from 2Q 2025). Net income: ₹252.8m (up 15% from 2Q 2025). Profit margin: 14% (down from 16% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 14eMudhra Limited to Report Q2, 2026 Results on Nov 04, 2025eMudhra Limited announced that they will report Q2, 2026 results on Nov 04, 2025
Price Target Changed • Jul 30Price target increased by 9.4% to ₹1,045Up from ₹955, the current price target is provided by 1 analyst. New target price is 33% above last closing price of ₹786. Stock is down 10% over the past year. The company is forecast to post earnings per share of ₹14.40 for next year compared to ₹10.41 last year.
Reported Earnings • Jul 25First quarter 2026 earnings released: EPS: ₹3.05 (vs ₹2.20 in 1Q 2025)First quarter 2026 results: EPS: ₹3.05 (up from ₹2.20 in 1Q 2025). Revenue: ₹1.51b (up 63% from 1Q 2025). Net income: ₹248.8m (up 39% from 1Q 2025). Profit margin: 17% (down from 19% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Professional Services industry in India. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 08eMudhra Limited to Report Q1, 2026 Results on Jul 24, 2025eMudhra Limited announced that they will report Q1, 2026 results on Jul 24, 2025
お知らせ • Jun 26eMudhra Limited Announces Board AppointmentseMudhra Limited at its 17th Annual General Meeting held on June 25, 2025, approved to appoint Mr. Venkatadri Chandrasekaran (DIN: 03 126243) as an Independent Director of the Company and appoint Mr. Shivanand Rama Shettigar (DIN: 00209835) as an Independent Director of the Company.
Upcoming Dividend • Jun 11Upcoming dividend of ₹1.25 per shareEligible shareholders must have bought the stock before 18 June 2025. Payment date: 25 July 2025. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (1.1%).
Reported Earnings • May 10Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ₹10.41 (up from ₹9.74 in FY 2024). Revenue: ₹5.28b (up 42% from FY 2024). Net income: ₹846.4m (up 13% from FY 2024). Profit margin: 16% (down from 20% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.7%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Professional Services industry in India.
Declared Dividend • May 08Dividend of ₹1.25 announcedDividend of ₹1.25 is the same as last year. Ex-date: 18th June 2025 Payment date: 25th July 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.1%. Sustainability & Growth Dividend is covered by earnings (13% earnings payout ratio) but not covered by cash flows (103% cash payout ratio). The dividend has not increased over the past 3 years but payments have been stable during that time. Earnings per share has grown by 33% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • May 07+ 1 more updateeMudhra Limited, Annual General Meeting, Jun 25, 2025eMudhra Limited, Annual General Meeting, Jun 25, 2025.
お知らせ • Apr 22eMudhra Limited to Report Q4, 2025 Results on May 06, 2025eMudhra Limited announced that they will report Q4, 2025 results on May 06, 2025
お知らせ • Mar 28eMudhra Limited Announces Cessation of Manoj Pundalik Kunkalienkar as Independent Director, Effective March 31, 2025eMudhra Limited announced the second term of five (5) consecutive years of Mr. Manoj Pundalik Kunkalienkar, an Independent Director of the Company, will come to an end on March 31, 2025, and consequently, he will cease to be an Independent Director of the Company with effect from the close of business hours on March 31, 2025. Subsequently, he will also cease to be a Member of the Nomination and Remuneration Committee and the Stakeholders Relationship Committee of the Company.
Valuation Update With 7 Day Price Move • Feb 04Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₹680, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 32x in the Professional Services industry in India. Total returns to shareholders of 38% over the past year.
Reported Earnings • Jan 29Third quarter 2025 earnings released: EPS: ₹2.58 (vs ₹2.65 in 3Q 2024)Third quarter 2025 results: EPS: ₹2.58. Revenue: ₹1.41b (up 45% from 3Q 2024). Net income: ₹209.7m (up 4.2% from 3Q 2024). Profit margin: 15% (down from 21% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Professional Services industry in India.
お知らせ • Jan 08eMudhra Limited to Report Q3, 2025 Results on Jan 28, 2025eMudhra Limited announced that they will report Q3, 2025 results on Jan 28, 2025
Board Change • Dec 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Chandrasekar Padmanabhan was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 30Second quarter 2025 earnings released: EPS: ₹2.70 (vs ₹2.43 in 2Q 2024)Second quarter 2025 results: EPS: ₹2.70 (up from ₹2.43 in 2Q 2024). Revenue: ₹1.43b (up 48% from 2Q 2024). Net income: ₹219.3m (up 19% from 2Q 2024). Profit margin: 15% (down from 19% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Professional Services industry in India.
お知らせ • Oct 07eMudhra Limited to Report Q2, 2025 Results on Oct 29, 2024eMudhra Limited announced that they will report Q2, 2025 results on Oct 29, 2024
Reported Earnings • Jul 31First quarter 2025 earnings released: EPS: ₹2.20 (vs ₹2.07 in 1Q 2024)First quarter 2025 results: EPS: ₹2.20 (up from ₹2.07 in 1Q 2024). Revenue: ₹950.2m (up 19% from 1Q 2024). Net income: ₹178.5m (up 15% from 1Q 2024). Profit margin: 19% (in line with 1Q 2024). Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Professional Services industry in India.
お知らせ • Jul 12eMudhra Limited to Report Q1, 2025 Results on Jul 30, 2024eMudhra Limited announced that they will report Q1, 2025 results on Jul 30, 2024
Upcoming Dividend • Jun 13Upcoming dividend of ₹1.25 per shareEligible shareholders must have bought the stock before 20 June 2024. Payment date: 27 July 2024. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (1.2%).
お知らせ • Jun 13eMudhra Limited Appoints Carmine Auletta as Managing Director for the European Market and Also Designated as Senior Managerial PersonneleMudhra Limited announced the appointment of Mr. Carmine Auletta as Managing Director for the European Market and also designated as Senior Managerial Personnel ("SMP") in the Company with effect from June 11, 2024. Mr. Carmine Auletta has 30 years of experience in the digital transformation and technology sectors, having worked with various multinational corporations and leading consultancies across the United States and Europe. Auletta brings deep experience and expertise in the European Digital Trust Market from his past work experiences, where he successfully completed, among other achievements, the acquisition of several companies in this field. He has served as Chairman of AssoCertificatori, the association of Italian Trust Service Providers and as Board Member and Executive Committee Member of the Cloud Signature Consortium, a Bruxelles- based association committed to define the global standards for digital signatures. He will be responsible for driving eMudhra's growth and expansion in the European market, where the company offers its innovative solutions for digital signature, identity assurance, data security, and paperless workflows.
Reported Earnings • May 01Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₹9.74 (up from ₹8.35 in FY 2023). Revenue: ₹3.80b (up 53% from FY 2023). Net income: ₹750.6m (up 22% from FY 2023). Profit margin: 20% (down from 25% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.1%. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Professional Services industry in India.
Declared Dividend • May 01Dividend of ₹1.25 announcedDividend of ₹1.25 is the same as last year. Ex-date: 20th June 2024 Payment date: 27th July 2024 Dividend yield will be 0.2%, which is lower than the industry average of 1.1%. Sustainability & Growth Dividend is covered by earnings (15% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has not increased over the past 2 years but payments have been stable during that time. EPS is expected to grow by 87% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 01eMudhra Limited, Annual General Meeting, Jun 27, 2024eMudhra Limited, Annual General Meeting, Jun 27, 2024.
お知らせ • Apr 30eMudhra Limited Recommends Final Dividend for the Financial Year 2023-24eMudhra Limited announced that at its board meeting held on April 29, 2024, recommended the final dividend of INR 1.25 per share for the financial year 2023-24 on its fully paid-up Equity Share Capital of the Company subject to the approval of shareholders in the upcoming Annual General Meeting of the company.
お知らせ • Apr 17eMudhra Limited to Report Q4, 2024 Results on Apr 29, 2024eMudhra Limited announced that they will report Q4, 2024 results on Apr 29, 2024
New Risk • Mar 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Shareholders have been diluted in the past year (6.1% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹560, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 34x in the Professional Services industry in India. Total returns to shareholders of 115% over the past year.
Reported Earnings • Feb 06Third quarter 2024 earnings released: EPS: ₹2.65 (vs ₹2.00 in 3Q 2023)Third quarter 2024 results: EPS: ₹2.65 (up from ₹2.00 in 3Q 2023). Revenue: ₹995.1m (up 63% from 3Q 2023). Net income: ₹201.3m (up 31% from 3Q 2023). Profit margin: 20% (down from 25% in 3Q 2023). The decrease in margin was driven by higher expenses.
お知らせ • Feb 05eMudhra Limited Appoints Ritesh Raj Pariyani as Chief Financial OfficerThe Board of Directors of eMudhra Limited at its meeting held on February 05, 2024, approved the appointment of Mr. Ritesh Raj Pariyani as Chief Financial Officer and Key Managerial Personnel (KMP) of the Company with effect from February 05, 2024, as recommended by the Nomination and Remuneration Committee. Ritesh Raj Pariyani has 13 years of extensive experience in core business finance, including Plant Controlling, Financial Reporting, Governance and Audit. He is a Chartered Accountant, Associated member of ICAI and a Company Secretary, Associated Member of ICSI. Ritesh has held strategic positions with several corporates and led finance function. He has also played a pivotal role in implementing finance ERPs and digital initiatives. Before joining eMudhra, he was the Sr Manager finance in AXA Business Services Private Limited.
お知らせ • Jan 26eMudhra Limited to Report Q3, 2024 Results on Feb 05, 2024eMudhra Limited announced that they will report Q3, 2024 results on Feb 05, 2024
New Risk • Jan 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risk Shareholders have been diluted in the past year (6.1% increase in shares outstanding).
Reported Earnings • Nov 09Second quarter 2024 earnings released: EPS: ₹2.43 (vs ₹2.19 in 2Q 2023)Second quarter 2024 results: EPS: ₹2.43 (up from ₹2.19 in 2Q 2023). Revenue: ₹967.0m (up 65% from 2Q 2023). Net income: ₹183.7m (up 10% from 2Q 2023). Profit margin: 19% (down from 28% in 2Q 2023). The decrease in margin was driven by higher expenses.
お知らせ • Nov 09eMudhra Limited Announces Resignation of Mr. Saji K Louiz as Chief Financial OfficereMudhra Limited announced that Mr. Saji K Louiz - Chief Financial Officer and Key Managerial Personnel of the Company, has tendered his resignation vide letter dated November 08, 2023, due to personal reasons. The resignation will take effect from the date on which he will be relieved from his position. Mr. Saji K Louiz will also cease to be a Key Managerial Personnel.
お知らせ • Oct 31eMudhra Limited to Report Q2, 2024 Results on Nov 08, 2023eMudhra Limited announced that they will report Q2, 2024 results on Nov 08, 2023
New Risk • Aug 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹521, the stock trades at a trailing P/E ratio of 61.6x. Average trailing P/E is 23x in the Professional Services industry in India. Total returns to shareholders of 47% over the past year.
Reported Earnings • Jul 29First quarter 2024 earnings released: EPS: ₹2.07 (vs ₹1.76 in 1Q 2023)First quarter 2024 results: EPS: ₹2.07 (up from ₹1.76 in 1Q 2023). Revenue: ₹807.3m (up 55% from 1Q 2023). Net income: ₹155.8m (up 12% from 1Q 2023). Profit margin: 19% (down from 27% in 1Q 2023). The decrease in margin was driven by higher expenses.
お知らせ • Jul 21eMudhra Limited to Report Q1, 2024 Results on Jul 28, 2023eMudhra Limited announced that they will report Q1, 2024 results on Jul 28, 2023
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹483, the stock trades at a trailing P/E ratio of 58.6x. Average trailing P/E is 23x in the Professional Services industry in India. Total returns to shareholders of 94% over the past year.
New Risk • Jul 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (37% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change).
お知らせ • Jun 30eMudhra Appoints Scott Rea as Senior Vice President - Global Strategic AdvisoreMudhra announced the appointment of industry veteran Scott Rea as its Senior Vice President - Global Strategic Advisor. Rea will be based in Utah, North America, and his role will focus on expanding eMudhra's presence and influence in PKI and digital signing domain in North America and Europe. With over 25 years of experience in managing relationships and fostering business opportunities with pivotal government and industry clients, Rea's expertise in digital transformation and managed PKI projects is unparalleled. His leadership and insights will play an instrumental role in driving eMudhra's growth and reinforcing its standing in the global PKI and signing domain. Prior to joining eMudhra, Rea held a distinguished career leading DigitalTrust, the United Arab Emirates National PKI provider, where he was esponsible for the design and implementation of the UAE National Digital ID (UAEPASS) and other national PKIs in the Gulf region. His previous roles also include serving as senior vice president of Trust Services at DarkMatter, senior PKI architect at DigiCert, and senior PKI architect for Dartmouth College. In his new role at eMudhra, Rea will provide strategic and technical direction on product roadmaps across the PKI and Signing portfolio, ensuring the products maintain global relevance and are poised for future expansion. His deep understanding of the industry, coupled with his strategic leadership, will be critical in shaping eMudhra's products and services and positioning them for success in the global markets.
Upcoming Dividend • Jun 15Upcoming dividend of ₹1.25 per share at 0.3% yieldEligible shareholders must have bought the stock before 22 June 2023. Payment date: 29 July 2023. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.6%).
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹406, the stock trades at a trailing P/E ratio of 51.4x. Average trailing P/E is 24x in the Professional Services industry in India.
Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹315, the stock trades at a trailing P/E ratio of 40x. Average trailing P/E is 27x in the Professional Services industry in India.
Reported Earnings • Apr 30Full year 2023 earnings released: EPS: ₹8.35 (vs ₹5.90 in FY 2022)Full year 2023 results: EPS: ₹8.35 (up from ₹5.90 in FY 2022). Revenue: ₹2.54b (up 39% from FY 2022). Net income: ₹616.8m (up 49% from FY 2022). Profit margin: 24% (up from 23% in FY 2022). The increase in margin was driven by higher revenue.
Reported Earnings • Jan 26Third quarter 2023 earnings released: EPS: ₹2.00 (vs ₹1.54 in 3Q 2022)Third quarter 2023 results: EPS: ₹2.00 (up from ₹1.54 in 3Q 2022). Revenue: ₹623.9m (up 37% from 3Q 2022). Net income: ₹153.2m (up 42% from 3Q 2022). Profit margin: 25% (in line with 3Q 2022).
お知らせ • Jan 26eMudhra Limited Approves Retirement of Ashwin Jansale as Senior Vice President, Effective from April 15, 2023eMudhra Limited Board of Directors of the Company at its meeting held January 25, 2023, approved the following: Pre-mature Retirement of Mr. Ashwin Jansale as Senior Vice President and Head of Channel Sales effective from April 15, 2023.
Reported Earnings • Oct 21Second quarter 2023 earnings released: EPS: ₹2.19 (vs ₹1.54 in 2Q 2022)Second quarter 2023 results: EPS: ₹2.19 (up from ₹1.54 in 2Q 2022). Revenue: ₹598.7m (up 32% from 2Q 2022). Net income: ₹166.4m (up 54% from 2Q 2022). Profit margin: 28% (up from 24% in 2Q 2022). The increase in margin was driven by higher revenue.
お知らせ • Oct 04eMudhra Limited to Report Q2, 2023 Results on Oct 19, 2022eMudhra Limited announced that they will report Q2, 2023 results on Oct 19, 2022
Valuation Update With 7 Day Price Move • Jul 30Investor sentiment improved over the past weekAfter last week's 35% share price gain to ₹342, the stock trades at a trailing P/E ratio of 58.2x. Average trailing P/E is 36x in the Professional Services industry in India.
Recent Insider Transactions • Jul 29Senior VP & Head of Channel Sales recently sold ₹6.6m worth of stockOn the 26th of July, Ashwin Jansale sold around 20k shares on-market at roughly ₹333 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹9.8m more than they bought in the last 12 months.
Reported Earnings • Jul 25First quarter 2023 earnings released: EPS: ₹1.76 (vs ₹1.06 in 1Q 2022)First quarter 2023 results: EPS: ₹1.76 (up from ₹1.06 in 1Q 2022). Revenue: ₹528.2m (up 35% from 1Q 2022). Net income: ₹138.9m (up 87% from 1Q 2022). Profit margin: 26% (up from 19% in 1Q 2022). The increase in margin was driven by higher revenue.
お知らせ • Jul 15eMudhra Limited to Report Q1, 2023 Results on Jul 23, 2022eMudhra Limited announced that they will report Q1, 2023 results on Jul 23, 2022
Reported Earnings • Jun 13Full year 2022 earnings released: EPS: ₹5.86 (vs ₹2.49 in FY 2021)Full year 2022 results: EPS: ₹5.86 (up from ₹2.49 in FY 2021). Revenue: ₹1.84b (up 40% from FY 2021). Net income: ₹414.1m (up 137% from FY 2021). Profit margin: 23% (up from 13% in FY 2021). The increase in margin was driven by higher revenue.
お知らせ • Jun 12+ 1 more updateeMudhra Limited, Annual General Meeting, Aug 05, 2022eMudhra Limited, Annual General Meeting, Aug 05, 2022. Agenda: To recommended a final dividend for the financial year ended March 31, 2022; to approve the appointment of M/s. Suri & Co., Chartered Accountants, as Statutory Auditors of the company for a period of 5 years; and to consider the other matters.
