| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 191 | 147 | +29.5% |
| EBITDA | 49.6 | 34.7 | +43.0% |
| EBITDA margin | 26.0% | 23.5% | +2.5 pts |
| Profit before tax | 38.2 | 31.1 | +22.9% |
| Net profit | 32.0 | 25.0 | +27.9% |
| EPS | ₹3.91 | ₹3.05 | +28.2% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 |
|---|
| 2,920 | — | — | — | — | |
| 102 | 102 | 181 | 229 | 87.9 | |
| 1.5 | 1.5 | 2.0 | 5.8 | — | |
| 23.9 | 23.9 | 0.0 | 7.5 | 25.3 | |
| 2,843 | — | — | — | — | |
| 745 | 702 | 519 | 373 | 249 | |
| — | +35.1% | +39.2% | +50.0% | — | |
| 174 | 159 | 124 | 110 | 87.3 | |
| 23.4% | 22.7% | 23.9% | 29.4% | 35.1% | |
| 134 | 125 | 100 | 88.7 | 71.5 | |
| 117 | 110 | 87.2 | 76.4 | 61.2 | |
| 15.7% | 15.7% | 16.8% | 20.5% | 24.6% | |
| ₹14.02 | ₹13.14 | ₹10.32 | ₹9.15 | ₹7.52 | |
| — | +27.4% | +12.8% | +21.7% | — | |
| — | 133 | 102 | 72.5 | 33.6 | |
| — | −185 | −83.2 | −73.9 | −62.1 | |
| −52.5 | −52.5 | 18.4 | −1.3 | −28.5 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 2,919.9 | |
| - Cash, Equiv & ST Investments | 87.9 | 229.3 | 180.8 | 102.5 | 102.5 | |
| + Minority Interest | — | 5.8 | 2.0 | 1.5 | 1.5 | |
| + Total Debt | 25.3 | 7.5 | 0.0 | 23.9 | 23.9 | |
| Enterprise Value | — | — | — | — | 2,842.8 | |
| Revenue | 248.8 | 373.1 | 519.4 | 701.6 | 745.0 | |
| Growth %, YoY | — | +50.0 | +39.2 | +35.1 | — | |
| EBITDA | 87.3 | 109.6 | 123.9 | 159.0 | 174.0 | |
| Margin % | 35.10 | 29.36 | 23.86 | 22.67 | 23.35 | |
| EBIT | 71.5 | 88.7 | 100.1 | 124.8 | 134.5 | |
| Net Income | 61.2 | 76.4 | 87.2 | 110.0 | 117.0 | |
| Margin % | 24.60 | 20.46 | 16.80 | 15.68 | 15.71 | |
| EPS, Adj (current shares) | 7.52 | 9.15 | 10.32 | 13.14 | 14.02 | |
| Growth %, YoY | — | +21.7 | +12.8 | +27.4 | — | |
| Cash from Operations | 33.6 | 72.5 | 101.6 | 132.8 | — | |
| Capital Expenditures | -62.1 | -73.9 | -83.2 | -185.4 | — | |
| Free Cash Flow | -28.5 | -1.3 | 18.4 | -52.5 | -52.5 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
eMudhra (NSE: EMUDHRA) had a market capitalisation of ₹2,791 crore at the 30 October 2026 close (₹339.90 a share), a PE ratio of 24.3 on the last four quarters' profit and a price-to-book ratio of 3.06. In FY26 its consolidated net profit was ₹108 crore on revenue of ₹702 crore; in Q1 FY27 (April–June 2026) it was ₹32.1 crore, up 29.2% year on year. Its debt-to-equity ratio was 0.03 on 31 March 2026. Promoters held 54.40% of the shares on 30 September 2026.
eMudhra's PE ratio is 24.3 at the 30 October 2026 close (₹339.90 a share): a market capitalisation of ₹2,791 crore divided by consolidated net profit of ₹115 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹108 crore) it is 25.9.
eMudhra's net worth — shareholders' equity in its consolidated balance sheet — was ₹911 crore on 31 March 2026, up 22.2% from ₹745 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹2,791 crore at the 30 October 2026 close.
eMudhra's book value per share was ₹110.96 on 31 March 2026: shareholders' equity of ₹911 crore divided by the 8.21 crore shares in issue, up 21.1% from ₹91.65 a year earlier. The share price at the 30 October 2026 close was ₹339.90.
eMudhra's price-to-book (PB) ratio is 3.06 at the 30 October 2026 close: a market capitalisation of ₹2,791 crore divided by shareholders' equity (book value) of ₹911 crore on 31 March 2026. That is a book value of ₹110.96 per share against a share price of ₹339.90.
No. eMudhra had borrowings of ₹23.9 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.03. Its cash and current investments were ₹109 crore, so it held net cash of ₹85.6 crore.
In FY26, eMudhra's return on equity (ROE) was 13.0% and its return on capital employed (ROCE) was 13.7%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 12.1% and ROCE 13.9%.
eMudhra's market capitalisation was ₹2,791 crore at the 30 October 2026 close: 8.21 crore shares at ₹339.90 each.
eMudhra's basic earnings per share (EPS) were ₹13.14 in FY26, against ₹10.41 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹14.03.
In 2026, eMudhra has declared one dividend: ₹1.25 with record date 18 June 2026.
eMudhra's debt-to-equity ratio was 0.03 on 31 March 2026: borrowings of ₹23.9 crore against total equity of ₹913 crore. A year earlier, on 31 March 2025, it was 0.00.
eMudhra's dividend yield is 0.37% at the 30 October 2026 close: dividends of ₹1.25 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹339.90. They were ₹1.25 on 18 June 2026.
Promoters held 54.40% of eMudhra on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, eMudhra's shares were held by promoters 54.40%, foreign portfolio investors (FII/FPI) 3.53%, domestic institutions (DII) 8.75% (including mutual funds at 6.73%) and retail and other non-institutional investors 32.52%. Over the year, FII holding was down 0.62 percentage points from 4.15% and DII holding was down 7.98 percentage points from 16.73%.
On FY26 consolidated figures, against BLS E-Services and Sasken Technologies: eMudhra's operating margin of 17.8% is the highest of the three (BLS E-Services 6.1%, Sasken Technologies 4.4%; peer average 5.3%); its return on equity of 13.0% is the highest of the three (BLS E-Services 11.4%, Sasken Technologies 6.6%; peer average 9.0%).
At the 30 October 2026 closing prices, on FY26 net profit, eMudhra's PE ratio is 25.9, the second highest of the three: BLS E-Services 23.3 and Sasken Technologies 48.3, a peer average of 35.8. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, eMudhra generated ₹133 crore of cash from operations and spent ₹185 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹52.5 crore. In FY25 it was ₹18.4 crore.
eMudhra's latest results are for Q1 FY27 (April–June 2026), filed on 29 July 2026: consolidated net profit ₹32.1 crore, up 29.2% from ₹24.9 crore in Q1 FY26; revenue from operations ₹191 crore, up 29.5% year on year.
eMudhra will announce its Q2 FY27 results (July–September 2026) on Wednesday, 4 November 2026, the date of the board meeting it has notified to the exchanges.
In FY26 (April 2025–March 2026), eMudhra's consolidated net profit was ₹108 crore, up 27.4% from ₹84.6 crore in FY25, on revenue from operations of ₹702 crore (up 35.1%). Over three years, from FY23, net profit was up 74.8%.
In FY26, eMudhra earned net profit of ₹108 crore on revenue of ₹702 crore, against ₹57.5 crore on ₹1,118 crore for BLS E-Services. eMudhra's operating margin was 17.8% (BLS E-Services 6.1%) and its return on equity 13.0% (BLS E-Services 11.4%). At the 30 October 2026 close, eMudhra's market capitalisation was ₹2,791 crore against ₹1,337 crore for BLS E-Services, and its PE ratio on FY26 profit 25.9 against 23.3.
From eMudhra's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.