eMudhra

eMudhra delivered a strong FY26 with total income of ₹713.2 croreCurrent reported value: ₹713.2 crore. No comparable prior figure is available in the source record. (+35% YoY) and PAT of ₹110 croreCurrent reported value: ₹110 crore. No comparable prior figure is available in the source record. (+26% YoY), driven by enterprise solutions which grew 55% YoYCurrent 55% YoY. Reported change: +55% YoY. (23% organic, 32% from Cryptos acquisition). International revenue now constitutes 64%Current 64%. Reported change: +39% YoY. of total, with North America product revenue rising to ~$9.5MCurrent $9.5M. Reported change: +36% YoY. from $7M. The company guided for FY27 organic revenue growth of ~18% and PAT growth of 27-28%, aiming to double PAT in three years. Key growth drivers include agentic AI integration, post-quantum cryptography mandates, and expanding DPA deployments in Africa and Middle East. A notable win was a TLS certificate order for a US university consortium of 700 institutions. Risks include potential delays in Middle East orders due to geopolitical tensions and the ongoing legal dispute with 3i Infotech, which remains unresolved.