eMudhra's Q2 FY 2025-26 Quarterly Results

Result Summary

• eMudhra Ltd reported a 16.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 22.6%.
• Its expenses for the quarter were up by 18.7% QoQ and 22.9% YoY.
• The net profit increased 5.7% QoQ and increased 18.6% YoY.
• The earnings per share (EPS) of eMudhra Ltd stood at 3.06 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

eMudhra Ltd is a prominent player in the digital solutions sector, primarily offering digital identity and transaction management solutions. The company is renowned for its digital signature certificates, authentication services, and digital transformation solutions that cater to a wide range of industries including banking, healthcare, and IT services. As of the most recent assessments, eMudhra has been focusing on expanding its digital certificate offerings and enhancing its cybersecurity solutions to meet the growing demand for secure online transactions.

Revenue

For the second quarter of fiscal year 2026 (Q2FY26), eMudhra Ltd reported a total income of ₹174.95 crores, reflecting a quarter-over-quarter (QoQ) increase of 16.2% from Q1FY26's ₹150.62 crores and a year-over-year (YoY) growth of 22.6% compared to Q2FY25's ₹142.67 crores. This significant increase in revenue indicates a robust growth trajectory over both the short and longer term. The company's consistent revenue increase is an important metric, showcasing its ability to expand its market presence and capture new opportunities within its industry.

Profitability

eMudhra Ltd's profitability metrics for Q2FY26 show a profit before tax of ₹33.02 crores, marking a 6.3% QoQ increase from ₹31.07 crores in Q1FY26 and a 21.7% YoY rise from ₹27.13 crores in Q2FY25. The profit after tax for Q2FY26 was reported at ₹26.45 crores, up 5.7% QoQ and 18.6% YoY. These figures highlight the company's ability to manage its expenses relative to income, as total expenses grew by 18.7% QoQ and 22.9% YoY. The earnings per share (EPS) also reflect positive growth, with a 2.0% QoQ increase to ₹3.06 from ₹3.00 in Q1FY26 and a 15.5% YoY increase from ₹2.65 in Q2FY25.

Operating Metrics

eMudhra Ltd's operating metrics indicate a focus on maintaining financial health alongside revenue and profit growth. The tax expense for Q2FY26 was ₹6.58 crores, an 8.8% QoQ rise from ₹6.05 crores and a 36.2% YoY increase from ₹4.83 crores in Q2FY25. This suggests a higher effective tax rate, commensurate with the increase in profit before tax. The company's total expenses also saw an increase, aligning with its revenue growth patterns, suggesting strategic reinvestments in operational capabilities. Although specific financial ratios such as the P/E ratio, debt-to-equity ratio, and current ratio are not provided in the dataset, the data indicates a stable operational framework supporting its growth initiatives.