eMudhra Reports Strong Q1 FY27 Results; Total Income Rises 28%, Enterprise Solutions Drive Growth
eMudhra Limited has announced its financial results for the quarter ended June 30, 2026 (Q1 FY27), reporting healthy revenue growth and improved profitability, driven by strong demand for its enterprise digital trust and identity solutions.
The company posted total income of ₹1,925 million, marking a 27.8% year-on-year (YoY) increase compared to the same quarter last year. Strong operating performance also boosted profitability, with EBITDA rising 40.4% YoY to ₹504 million, while the EBITDA margin expanded to 26.2%.
Profit After Tax (PAT) increased 27.9% YoY to ₹320 million, translating into a net profit margin of 16.6% for the quarter.
Key Financial Highlights (Q1 FY27)
- Total Income: ₹1,925 million, up 27.8% YoY
- EBITDA: ₹504 million, up 40.4% YoY
- EBITDA Margin: 26.2%
- Profit After Tax (PAT): ₹320 million, up 27.9% YoY
- Net Profit Margin: 16.6%
- Adjusted EBITDA: ₹529 million, up 29.5% YoY
- Adjusted EBITDA Margin: 27.5%
- Adjusted PAT: ₹339 million, up 24.1% YoY
- Adjusted PAT Margin: 17.6%
- International Revenue Contribution: 66% of total revenue
Enterprise Solutions Lead Growth
The Enterprise Solutions business remained the company’s biggest growth driver during the quarter. The segment contributed 65% of total revenue and recorded an impressive 50% YoY growth, supported by rising adoption of eMudhra’s digital trust solutions across the banking, government, and defense sectors. The growth was further aided by increasing demand for proprietary platforms such as Emma, Secure Pass, and emSigner.
Services Business Continues to Expand
The Services segment accounted for 20% of total revenue and grew 5% YoY, supported by new customer acquisitions, particularly in international markets including the United States.
Trust Services Impacted by Regulatory Transition
The Trust Services segment contributed 15% of quarterly revenue but declined 3% YoY. The decrease was primarily due to temporary supply chain disruptions related to regulatory requirements for upgraded security tokens.
Global Presence Strengthens
eMudhra continued to expand its international footprint during the quarter, with operations spanning more than 35 countries. International business contributed 66% of total revenue, highlighting the company’s growing presence in global markets.
Backed by strong momentum in its Enterprise Solutions business and increasing overseas demand, eMudhra Limited remains well-positioned to strengthen its leadership in digital trust, identity, and cybersecurity infrastructure for enterprises worldwide.