eMudhra Ltd

eMudhra Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

eMudhra Ltd

₹ 758 -0.26%
30 Apr - close price
emudhra.com BSE: 543533 NSE : EMUDHRA
About

Emudhra is a licensed certifying authority involved in issuing digital signature certificates in India under its eMudhra brand. The company is licensed by the Controller of Certifying Authorities (CCA), Ministry of Information Technology, and operates under the guidelines set by the Information technology Act.[1]

Key Points

Largest Certifying Authority of India The Company is among the top brands in India for issuing DSC. eMudhra also holds various PKI Authentication security solutions such as emAS, emSIGNER, emDISCOVERY and emCA . eMudhra caters to subscribers who use Digital Certificates for Income Tax, MCA (ROC), Tenders, Foreign Trade, Banking, Railways, and many other needs. The company deals in B2B and B2C both.[1] Its current market share in DSC is ~35% and only CA to have strong retail footprint and to provide all types of eSign with eStamping capability.[2]

Website BSE NSE
  • Market Cap ₹ 6,279 Cr.
  • Current Price ₹ 758
  • High / Low ₹ 870 / 274
  • Stock P/E 304
  • Book Value ₹ 63.9
  • Dividend Yield 0.16 %
  • ROCE 7.18 %
  • ROE 4.86 %
  • Face Value ₹ 5.00
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 42.8%

Cons

  • Stock is trading at 11.9 times its book value
  • Promoter holding has decreased over last quarter: -3.30%
  • Company has a low return on equity of 9.28% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: IT - Software Industry: Computers - Software - Medium / Small

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
40 34 41 37 41 35 39 44 47 26 53 45 58
30 19 33 24 23 23 29 36 39 30 38 41 36
Operating Profit 10 15 8 13 18 11 9 8 8 -3 15 4 22
OPM % 25% 44% 19% 35% 44% 33% 24% 19% 17% -12% 29% 9% 38%
0 -0 0 0 0 1 2 1 2 3 3 1 0
Interest 0 1 1 1 2 1 0 0 2 0 0 0 1
Depreciation 2 2 3 3 3 3 3 3 3 3 4 4 4
Profit before tax 8 12 4 10 14 8 8 6 6 -3 14 1 17
Tax % 25% 17% 53% 25% 19% 27% 27% 21% 28% 24% 28% 23% 28%
6 10 2 7 11 6 6 5 4 -3 10 0 12
EPS in Rs 0.86 1.41 0.25 1.01 1.61 0.73 0.72 0.58 0.53 -0.33 1.33 0.05 1.50
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
35 43 67 73 90 103 109 153 164 183
29 33 51 54 67 81 82 99 127 145
Operating Profit 6 10 16 20 23 22 28 54 37 38
OPM % 18% 23% 24% 27% 26% 22% 25% 35% 23% 21%
-12 0 0 -6 -2 0 0 1 6 8
Interest 0 0 0 0 1 1 1 5 3 2
Depreciation 3 3 4 4 7 7 7 11 12 15
Profit before tax -8 7 12 9 14 15 21 39 27 29
Tax % -10% 22% 29% 15% 28% 26% 27% 23% 26% 28%
-9 6 9 8 10 11 15 30 20 21
EPS in Rs -3.04 0.92 1.32 1.15 1.47 1.62 2.16 4.28 2.56 2.49
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% 29% 49% 50%
Compounded Sales Growth
10 Years: %
5 Years: 15%
3 Years: 19%
TTM: 12%
Compounded Profit Growth
10 Years: %
5 Years: 12%
3 Years: 11%
TTM: 4%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 173%
Return on Equity
10 Years: %
5 Years: 10%
3 Years: 9%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 30 31 35 35 35 35 35 35 39 41
Reserves -4 1 10 26 36 47 61 92 281 488
Preference Capital 25 25 20 8 8 8 -0 -0 -0
2 0 6 10 26 33 47 58 10 0
30 32 32 17 22 25 21 37 38 46
Total Liabilities 57 63 83 88 119 140 164 222 367 575
26 29 44 41 50 44 104 96 122 164
CWIP 4 1 1 6 21 39 4 31 47 15
Investments 15 16 17 17 22 21 19 22 73 120
13 18 21 23 26 36 37 73 125 276
Total Assets 57 63 83 88 119 140 164 222 367 575

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
22 5 15 11 29 36 17 25
-20 -7 -35 -17 -30 -38 -127 -62
5 -2 14 6 4 0 120 180
Net Cash Flow 7 -4 -5 -1 3 -1 10 142

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 29 26 14 27 51 63 46 73 77 93
Inventory Days 21 22 7 9 5 10 6 22 13 32
Days Payable 40 42 5 51 76 55 58 213 256 204
Cash Conversion Cycle 11 6 16 -15 -21 18 -6 -118 -166 -79
Working Capital Days 38 59 -18 37 41 57 27 57 98 129
ROCE % 13% 20% 21% 18% 14% 16% 27% 12%

Shareholding Pattern

Numbers in percentages

6 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
61.03% 61.03% 61.03% 57.70% 57.70% 57.70% 57.70% 54.40%
4.31% 4.24% 4.09% 4.16% 4.28% 4.30% 3.85% 4.20%
10.68% 10.53% 10.87% 10.65% 9.87% 8.47% 9.12% 14.45%
23.98% 24.22% 24.02% 27.50% 28.15% 29.55% 29.35% 26.94%
No. of Shareholders 75,70569,29665,97466,97862,85166,03070,56173,650

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Credit ratings

Concalls