EMudhra reports 35.1% revenue growth for FY2026, EBITDA at Rs 1,654 Mn

Kinjal — Wed, 06 May 2026 15:12:55 +0000

eMudhra Limited, a global provider of digital trust and security solutions, announced its financial results for the fourth quarter and full year ending March 31, 2026. The company reported a robust year-on-year revenue growth of 35.1%, reaching ₹7,132 million, with EBITDA standing at ₹1,654 million, marking a 32.6% increase from the previous fiscal year.

For the fourth quarter of FY2026, eMudhra’s total income was ₹1,966 million, reflecting a 31.7% increase compared to the same period last year. The company’s gross margin for the fiscal year was 53.8%, and the PAT for FY2026 was ₹1,100 million, up 26.2% year-on-year.

The Enterprise Solutions segment, which now constitutes 59% of eMudhra’s revenue, experienced a 55% growth, driven by significant deployments in Certificate Lifecycle Management and Identity & Access Management across sectors such as Defence, Banking, and Government. The Trust Services segment continues to be a strong cash-generating part of the business.

Internationally, eMudhra’s revenue grew by 38.7%, now accounting for 64% of its total business. North America remains the largest international market, with substantial growth in enterprise CLM installations across Education, IoT, and Financial Services. In Europe, acquisitions have facilitated entry into the EU market, driven by regulatory mandates like NIS2 and DORA.

The company highlighted that Artificial Intelligence is a significant growth driver, with eMudhra positioned to address new demands for cryptographic authentication and certificate infrastructure. The company remains debt-free, with total cash and investments amounting to ₹1,269 million.

V. Srinivasan, Executive Chairman of eMudhra, remarked on the company’s strong performance, emphasizing the strategic importance of its platforms in mission-critical workloads globally and the potential for sustained growth and margin expansion.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

eMudhra Limited | Business Upturn

EMudhra reports 35.1% revenue growth for FY2026, EBITDA at Rs 1,654 Mn