Duyuru • Jul 14
eMudhra Limited to Report Q1, 2027 Results on Jul 29, 2026 eMudhra Limited announced that they will report Q1, 2027 results on Jul 29, 2026 Upcoming Dividend • Jun 11
Upcoming dividend of ₹1.25 per share Eligible 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 08
Dividend of ₹1.25 announced Dividend 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 07
Full year 2026 earnings: EPS in line with expectations, revenues disappoint Full 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. Duyuru • Apr 17
eMudhra Limited to Report Q4, 2026 Results on May 06, 2026 eMudhra Limited announced that they will report Q4, 2026 results on May 06, 2026 Valuation Update With 7 Day Price Move • Apr 07
Investor 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 04
Price target decreased by 12% to ₹918 Down 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 03
Third 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. Duyuru • Jan 12
eMudhra Limited to Report Q3, 2026 Results on Feb 02, 2026 eMudhra Limited announced that they will report Q3, 2026 results on Feb 02, 2026 Reported Earnings • Nov 06
Second 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. Duyuru • Oct 14
eMudhra Limited to Report Q2, 2026 Results on Nov 04, 2025 eMudhra Limited announced that they will report Q2, 2026 results on Nov 04, 2025 Price Target Changed • Jul 30
Price target increased by 9.4% to ₹1,045 Up 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 25
First 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. Duyuru • Jul 08
eMudhra Limited to Report Q1, 2026 Results on Jul 24, 2025 eMudhra Limited announced that they will report Q1, 2026 results on Jul 24, 2025 Duyuru • Jun 26
eMudhra Limited Announces Board Appointments eMudhra 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 11
Upcoming dividend of ₹1.25 per share Eligible 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 10
Full year 2025 earnings: EPS misses analyst expectations Full 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 08
Dividend of ₹1.25 announced Dividend 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. Duyuru • Apr 22
eMudhra Limited to Report Q4, 2025 Results on May 06, 2025 eMudhra Limited announced that they will report Q4, 2025 results on May 06, 2025 Duyuru • Mar 28
eMudhra Limited Announces Cessation of Manoj Pundalik Kunkalienkar as Independent Director, Effective March 31, 2025 eMudhra 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 04
Investor 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 29
Third 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. Duyuru • Jan 08
eMudhra Limited to Report Q3, 2025 Results on Jan 28, 2025 eMudhra Limited announced that they will report Q3, 2025 results on Jan 28, 2025 Board Change • Dec 01
Insufficient new directors No 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 30
Second 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. Duyuru • Oct 07
eMudhra Limited to Report Q2, 2025 Results on Oct 29, 2024 eMudhra Limited announced that they will report Q2, 2025 results on Oct 29, 2024 Reported Earnings • Jul 31
First 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. Duyuru • Jul 12
eMudhra Limited to Report Q1, 2025 Results on Jul 30, 2024 eMudhra Limited announced that they will report Q1, 2025 results on Jul 30, 2024 Upcoming Dividend • Jun 13
Upcoming dividend of ₹1.25 per share Eligible 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%). Duyuru • Jun 13
eMudhra Limited Appoints Carmine Auletta as Managing Director for the European Market and Also Designated as Senior Managerial Personnel eMudhra 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 01
Full year 2024 earnings: EPS misses analyst expectations Full 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 01
Dividend of ₹1.25 announced Dividend 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. Duyuru • May 01
eMudhra Limited, Annual General Meeting, Jun 27, 2024 eMudhra Limited, Annual General Meeting, Jun 27, 2024. Duyuru • Apr 30
eMudhra Limited Recommends Final Dividend for the Financial Year 2023-24 eMudhra 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. Duyuru • Apr 17
eMudhra Limited to Report Q4, 2024 Results on Apr 29, 2024 eMudhra Limited announced that they will report Q4, 2024 results on Apr 29, 2024 New Risk • Mar 22
New minor risk - Share price stability The 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 20
Investor 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 06
Third 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. Duyuru • Feb 05
eMudhra Limited Appoints Ritesh Raj Pariyani as Chief Financial Officer The 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. Duyuru • Jan 26
eMudhra Limited to Report Q3, 2024 Results on Feb 05, 2024 eMudhra Limited announced that they will report Q3, 2024 results on Feb 05, 2024 New Risk • Jan 18
New minor risk - Shareholder dilution The 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 09
Second 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. Duyuru • Nov 09
eMudhra Limited Announces Resignation of Mr. Saji K Louiz as Chief Financial Officer eMudhra 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. Duyuru • Oct 31
eMudhra Limited to Report Q2, 2024 Results on Nov 08, 2023 eMudhra Limited announced that they will report Q2, 2024 results on Nov 08, 2023 New Risk • Aug 18
New minor risk - Share price stability The 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 17
Investor 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 29
First 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. Duyuru • Jul 21
eMudhra Limited to Report Q1, 2024 Results on Jul 28, 2023 eMudhra Limited announced that they will report Q1, 2024 results on Jul 28, 2023 Valuation Update With 7 Day Price Move • Jul 11
Investor 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 05
New minor risk - Share price stability The 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). Duyuru • Jun 30
eMudhra Appoints Scott Rea as Senior Vice President - Global Strategic Advisor eMudhra 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 15
Upcoming dividend of ₹1.25 per share at 0.3% yield Eligible 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 22
Investor 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 08
Investor 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 30
Full 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 26
Third 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). Duyuru • Jan 26
eMudhra Limited Approves Retirement of Ashwin Jansale as Senior Vice President, Effective from April 15, 2023 eMudhra 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 21
Second 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. Duyuru • Oct 04
eMudhra Limited to Report Q2, 2023 Results on Oct 19, 2022 eMudhra Limited announced that they will report Q2, 2023 results on Oct 19, 2022 Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improved over the past week After 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 29
Senior VP & Head of Channel Sales recently sold ₹6.6m worth of stock On 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 25
First 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. Duyuru • Jul 15
eMudhra Limited to Report Q1, 2023 Results on Jul 23, 2022 eMudhra Limited announced that they will report Q1, 2023 results on Jul 23, 2022 Reported Earnings • Jun 13
Full 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. 
