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eMudhra LimitedNSEI:EMUDHRA Stock Report

Market Cap ₹37.1b
Share Price
₹447.15
₹700
36.1% undervalued intrinsic discount
1Y-41.9%
7D-2.6%
1D
Portfolio Value
View

eMudhra Limited

NSEI:EMUDHRA Stock Report

Market Cap: ₹37.1b

eMudhra (EMUDHRA) Stock Overview

Provides trust and enterprise solutions to individuals and organizations in India, North America, Europe, the Middle East, Africa, and the Asia Pacific. More details

EMUDHRA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance3/6
Financial Health6/6
Dividends1/6

EMUDHRA Community Fair Values

Create Narrative

See what 12 others think this stock is worth. Follow their fair value or set your own to get alerts.

eMudhra Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for eMudhra
Historical stock prices
Current Share Price₹447.15
52 Week High₹836.55
52 Week Low₹364.55
Beta0.14
1 Month Change-7.79%
3 Month Change14.36%
1 Year Change-41.94%
3 Year Change8.80%
5 Year Changen/a
Change since IPO73.38%

Recent News & Updates

Narrative Update Jun 14

EMUDHRA: SME Digitization And Partner Network Will Drive Future Re Rating

Analysts have kept eMudhra's fair value estimate steady at ₹700, with only small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions guiding this narrative update. What's in the News Board meeting scheduled for May 6, 2026, at 14:30 IST to consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, to consider a dividend, and to review other matters.
Narrative Update May 30

EMUDHRA: SME Digitalization Push In India Will Drive Future Re Rating

Analysts have kept the fair value estimate for eMudhra steady at ₹700. This reflects only minor tweaks to assumptions around discount rate, revenue growth, profit margin and future P/E that do not materially change their overall price target view.
Analysis Article May 14

eMudhra's (NSE:EMUDHRA) Profits Appear To Have Quality Issues

Following the solid earnings report from eMudhra Limited ( NSE:EMUDHRA ), the market responded by bidding up the stock...
Narrative Update May 11

EMUDHRA: Global Digital Identity And AI Security Expansion Will Drive Re Rating

Analysts have revised their fair value estimate for eMudhra to ₹700 from ₹918, reflecting updated assumptions that include a lower revenue growth rate, a slightly improved profit margin profile, a modestly reduced discount rate, and a lower future P/E multiple. What's in the News Board meeting scheduled on May 6, 2026 at 14:30 IST to consider audited standalone and consolidated results for the quarter and year ended March 31, 2026, a potential dividend, and other matters.
Analysis Article May 11

eMudhra Limited (NSE:EMUDHRA) Just Reported And Analysts Have Been Cutting Their Estimates

It's been a good week for eMudhra Limited ( NSE:EMUDHRA ) shareholders, because the company has just released its...

Recent updates

Narrative Update Jun 14

EMUDHRA: SME Digitization And Partner Network Will Drive Future Re Rating

Analysts have kept eMudhra's fair value estimate steady at ₹700, with only small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions guiding this narrative update. What's in the News Board meeting scheduled for May 6, 2026, at 14:30 IST to consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, to consider a dividend, and to review other matters.
Narrative Update May 30

EMUDHRA: SME Digitalization Push In India Will Drive Future Re Rating

Analysts have kept the fair value estimate for eMudhra steady at ₹700. This reflects only minor tweaks to assumptions around discount rate, revenue growth, profit margin and future P/E that do not materially change their overall price target view.
Analysis Article May 14

eMudhra's (NSE:EMUDHRA) Profits Appear To Have Quality Issues

Following the solid earnings report from eMudhra Limited ( NSE:EMUDHRA ), the market responded by bidding up the stock...
Narrative Update May 11

EMUDHRA: Global Digital Identity And AI Security Expansion Will Drive Re Rating

Analysts have revised their fair value estimate for eMudhra to ₹700 from ₹918, reflecting updated assumptions that include a lower revenue growth rate, a slightly improved profit margin profile, a modestly reduced discount rate, and a lower future P/E multiple. What's in the News Board meeting scheduled on May 6, 2026 at 14:30 IST to consider audited standalone and consolidated results for the quarter and year ended March 31, 2026, a potential dividend, and other matters.
Analysis Article May 11

eMudhra Limited (NSE:EMUDHRA) Just Reported And Analysts Have Been Cutting Their Estimates

It's been a good week for eMudhra Limited ( NSE:EMUDHRA ) shareholders, because the company has just released its...
Narrative Update Apr 24

EMUDHRA: Global Digital Identity Expansion Will Support Future Bullish Re Rating

Analysts have maintained their fair value estimate for eMudhra at ₹918, with only marginal tweaks to underlying assumptions such as discount rate, revenue growth, profit margin, and future P/E to reflect updated modeling without changing the headline price target. What's in the News Launched emSigner for SMEs with pricing from ₹1,000 to support digital document workflows across HR, Legal, and Finance as part of the "SME Digitalization for India" initiative.
Narrative Update Apr 10

EMUDHRA: Global Digital Identity Expansion Will Drive Future Bullish Re Rating

Analysts have maintained eMudhra's fair value at ₹918, making only minor adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions. This indicates a broadly unchanged view of the stock's fundamental outlook.
Narrative Update Mar 26

EMUDHRA: Central Asia And Global Identity Deals Will Drive Stronger Bullish Re Rating

Analysts are keeping their fair value estimate for eMudhra broadly unchanged at about ₹918, with minimal tweaks to the discount rate and assumed future P/E. This reflects fine tuning of their valuation framework rather than a clear shift in outlook.
Narrative Update Mar 08

EMUDHRA: Central Asia Expansion Will Support Case For Stronger Bullish Re Rating

Analysts have reiterated their fair value estimate for eMudhra at ₹918, incorporating only minor tweaks to assumptions such as discount rate, revenue growth, profit margin and future P/E in the refreshed price target. What's in the News Launch of an Agentic AI Security Platform aimed at securing autonomous AI systems through cryptographic identities, authentication, policy based authorization, and audit trails, with a design that aligns with emerging regulatory focus on post quantum cryptography and digital identity assurance (Key Developments).
Narrative Update Feb 21

EMUDHRA: Sri Lanka Rollout Will Support Case For Stronger Bullish Re-Rating

Analysts have kept their fair value estimate for eMudhra steady at ₹918, with only small tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions, reflecting refined modelling rather than a change in the overall view. What's in the News Partnered with LankaPay to roll out legally trusted digital signatures across Sri Lanka's financial and public sector systems, aiming to support secure, regulator aligned digital transactions at national scale and extend reach in South Asia (Key Developments).
Narrative Update Feb 06

EMUDHRA: Upcoming Board Meeting Will Clarify Profitability Outlook For Bullish Case

Analysts have revised their fair value estimate for eMudhra from ₹1,045 to ₹918, citing updated assumptions around revenue growth, profit margins and future P/E expectations. What's in the News eMudhra has scheduled a board meeting for February 2, 2026.
Analysis Article Feb 06

eMudhra Limited (NSE:EMUDHRA) Just Reported Earnings, And Analysts Cut Their Target Price

As you might know, eMudhra Limited ( NSE:EMUDHRA ) recently reported its quarterly numbers. It was a workmanlike...
Analysis Article Feb 04

Do eMudhra's (NSE:EMUDHRA) Earnings Warrant Your Attention?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Nov 12

eMudhra's (NSE:EMUDHRA) Solid Earnings May Rest On Weak Foundations

eMudhra Limited's ( NSE:EMUDHRA ) healthy profit numbers didn't contain any surprises for investors. However the...
New Narrative Aug 30

International Expansion And Cybersecurity Trends Will Shape Future Markets

Key Takeaways International expansion, strategic acquisitions, and innovative product development are strengthening market position, reducing geographic risk, and increasing recurring revenue streams. Growing regulatory and cybersecurity requirements are boosting demand for core offerings, supporting margin resilience and scalable growth through expanded partnerships and product differentiation.
Analysis Article Jun 19

Why We Think The CEO Of eMudhra Limited (NSE:EMUDHRA) May Soon See A Pay Rise

Key Insights eMudhra to hold its Annual General Meeting on 25th of June Salary of ₹6.33m is part of CEO Venu Madhava's...
Analysis Article May 30

eMudhra (NSE:EMUDHRA) Is Paying Out A Dividend Of ₹1.25

The board of eMudhra Limited ( NSE:EMUDHRA ) has announced that it will pay a dividend on the 25th of July, with...
Analysis Article May 09

eMudhra (NSE:EMUDHRA) Is Due To Pay A Dividend Of ₹1.25

eMudhra Limited ( NSE:EMUDHRA ) has announced that it will pay a dividend of ₹1.25 per share on the 25th of July. This...
Analysis Article Feb 15

The Price Is Right For eMudhra Limited (NSE:EMUDHRA) Even After Diving 27%

eMudhra Limited ( NSE:EMUDHRA ) shareholders that were waiting for something to happen have been dealt a blow with a...
Analysis Article Feb 01

Earnings Report: eMudhra Limited Missed Revenue Estimates By 7.7%

Shareholders in eMudhra Limited ( NSE:EMUDHRA ) had a terrible week, as shares crashed 27% to ₹697 in the week since...
Analysis Article Jan 22

eMudhra (NSE:EMUDHRA) Could Be Struggling To Allocate Capital

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
Analysis Article Dec 14

Here's Why eMudhra (NSE:EMUDHRA) Has Caught The Eye Of Investors

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Nov 06

eMudhra (NSE:EMUDHRA) Strong Profits May Be Masking Some Underlying Issues

eMudhra Limited's ( NSE:EMUDHRA ) healthy profit numbers didn't contain any surprises for investors. We believe that...
Analysis Article Nov 02

eMudhra Limited Just Beat Revenue By 26%: Here's What Analysts Think Will Happen Next

It's been a good week for eMudhra Limited ( NSE:EMUDHRA ) shareholders, because the company has just released its...
Analysis Article Oct 10

Returns On Capital At eMudhra (NSE:EMUDHRA) Paint A Concerning Picture

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
Analysis Article Aug 03

eMudhra Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Shareholders might have noticed that eMudhra Limited ( NSE:EMUDHRA ) filed its first-quarter result this time last...
Analysis Article Jun 13

eMudhra's (NSE:EMUDHRA) Dividend Will Be ₹1.25

eMudhra Limited's ( NSE:EMUDHRA ) investors are due to receive a payment of ₹1.25 per share on 27th of July. Including...
Analysis Article May 31

Returns On Capital At eMudhra (NSE:EMUDHRA) Paint A Concerning Picture

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
Analysis Article May 06

Concerns Surrounding eMudhra's (NSE:EMUDHRA) Performance

eMudhra Limited's ( NSE:EMUDHRA ) robust recent earnings didn't do much to move the stock. However the statutory profit...
Analysis Article May 03

Earnings Update: Here's Why Analysts Just Lifted Their eMudhra Limited (NSE:EMUDHRA) Price Target To ₹832

Shareholders might have noticed that eMudhra Limited ( NSE:EMUDHRA ) filed its full-year result this time last week...
Analysis Article May 02

eMudhra (NSE:EMUDHRA) Has Affirmed Its Dividend Of ₹1.25

The board of eMudhra Limited ( NSE:EMUDHRA ) has announced that it will pay a dividend of ₹1.25 per share on the 27th...
Analysis Article Apr 08

Why Investors Shouldn't Be Surprised By eMudhra Limited's (NSE:EMUDHRA) 29% Share Price Surge

eMudhra Limited ( NSE:EMUDHRA ) shares have continued their recent momentum with a 29% gain in the last month alone...
Analysis Article Feb 23

Market Participants Recognise eMudhra Limited's (NSE:EMUDHRA) Earnings Pushing Shares 31% Higher

eMudhra Limited ( NSE:EMUDHRA ) shareholders have had their patience rewarded with a 31% share price jump in the last...
Analysis Article Jan 16

These 4 Measures Indicate That eMudhra (NSE:EMUDHRA) Is Using Debt Reasonably Well

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Oct 27

eMudhra's (NSE:EMUDHRA) Earnings Are Of Questionable Quality

eMudhra Limited ( NSE:EMUDHRA ) announced strong profits, but the stock was stagnant. Our analysis suggests that this...

Shareholder Returns

EMUDHRAIN Professional ServicesIN Market
7D-2.6%-1.1%0.6%
1Y-41.9%-18.5%-0.2%

Return vs Industry: EMUDHRA underperformed the Indian Professional Services industry which returned -18.5% over the past year.

Return vs Market: EMUDHRA underperformed the Indian Market which returned -0.2% over the past year.

Price Volatility

Is EMUDHRA's price volatile compared to industry and market?
EMUDHRA volatility
EMUDHRA Average Weekly Movement5.5%
Professional Services Industry Average Movement7.5%
Market Average Movement7.0%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.5%

Stable Share Price: EMUDHRA has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: EMUDHRA's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008604Venu Madhavawww.emudhra.com

eMudhra Limited provides trust and enterprise solutions to individuals and organizations in India, North America, Europe, the Middle East, Africa, and the Asia Pacific. The company provides solutions such as emSigner paperless workflow, SecurePass identity and authentication management, Certinext certificate issuance and life cycle management; ID broker; data discovery and management platform; and emSign trust services. It serves corporate, retail, and private banking sectors.

eMudhra Limited Fundamentals Summary

How do eMudhra's earnings and revenue compare to its market cap?
EMUDHRA fundamental statistics
Market cap₹37.09b
Earnings (TTM)₹1.08b
Revenue (TTM)₹7.02b
34.0x
P/E Ratio
5.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EMUDHRA income statement (TTM)
Revenue₹7.02b
Cost of Revenue₹4.69b
Gross Profit₹2.32b
Other Expenses₹1.25b
Earnings₹1.08b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)13.14
Gross Margin33.13%
Net Profit Margin15.36%
Debt/Equity Ratio2.6%

How did EMUDHRA perform over the long term?

See historical performance and comparison

Dividends

0.3%
Current Dividend Yield
10%
Payout Ratio

Does EMUDHRA pay a reliable dividends?

See EMUDHRA dividend history and benchmarks
When do you need to buy EMUDHRA by to receive an upcoming dividend?
eMudhra dividend dates
Ex Dividend DateJun 18 2026
Dividend Pay DateJul 25 2026
Days until Ex dividend7 days
Days until Dividend pay date30 days

Does EMUDHRA pay a reliable dividends?

See EMUDHRA dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/24 14:43
End of Day Share Price 2026/06/24 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

eMudhra Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Piyush Kumar PandeyCentrum Broking Limited