eMudhra Limited — Investor Meet, 12-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

eMudhra achieved strong FY26 results: Total Income was INR 713.2 Cr (up 35% YoY), EBITDA INR 165.4 Cr (up 33%), and PAT INR 110 Cr (up 26%), with a 5-year PAT CAGR of 30.5%. Enterprise Solutions drove 59% of revenue (up 55%), while international revenue hit 64%.

The company secured a significant TLS certificate order from a US university federation and has an INR 238 Cr product order book. Management guides for 15-18% organic top-line growth and 25-30% PAT growth in FY27, aiming to double PAT in three years. Focus areas include product-led growth, cybersecurity, AI integration, and expanding DPI deployments in emerging markets, capitalizing on AI, data sovereignty, and PQC transitions.