eMudhra Limited — Quarter and year ended March 31, 2026 (as per results approved on May 06, 2026)
| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| ASSETS | ||
| Non-current assets | ||
| Property, plant and equipment | 1,291.08 | 1,147.96 |
| Right-of-use assets | 48.45 | – |
| Capital work-in-progress | 185.84 | 171.43 |
| Goodwill | 2,940.46 | 1,254.60 |
| Other Intangible assets | 2,988.64 | 1,788.06 |
| Intangible assets under development | 105.92 | 2.43 |
| Investment in associate | 1.77 | – |
| Financial assets | ||
| (i) Investments | 16.18 | 16.43 |
| (ii) Other financial assets | 174.04 | 17.36 |
| Other non-current assets | 26.31 | 21.01 |
| Total Non-current assets | 7,778.69 | 4,419.28 |
| Current assets | ||
| Inventories | 39.00 | 13.99 |
| Financial assets | ||
| (i) Investments | 442.40 | 795.06 |
| (ii) Trade receivables | 1,892.13 | 1,454.67 |
| (iii) Cash and cash equivalents | 582.33 | 1,012.52 |
| (iv) Bank balance other than (iii) above | 69.71 | 60.61 |
| (v) Loans | 53.98 | 46.40 |
| (vi) Other financial assets | 17.78 | 16.73 |
| Current tax assets (Net) | 70.15 | 49.31 |
| Other current assets | 1,188.16 | 812.78 |
| Total current assets | 4,355.64 | 4,262.07 |
| Total assets | 12,134.33 | 8,681.35 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| Equity share capital | 410.22 | 406.62 |
| Other equity | 8,701.11 | 7,046.64 |
| Non-controlling interests | 14.57 | 19.54 |
| Total equity | 9,125.90 | 7,472.80 |
| Liabilities | ||
| Non-current liabilities | ||
| Financial liabilities | ||
| (i) Borrowings | 129.88 | – |
| (ia) Lease liabilities | 27.68 | – |
| (ii) Other financial liabilities | 881.45 | 55.34 |
| Provisions | 51.20 | 35.25 |
| Deferred tax liabilities (Net) | 166.68 | 114.76 |
| Other non-current liabilities | 173.54 | 29.59 |
| Total Non-current liabilities | 1,430.43 | 234.94 |
| Current liabilities | ||
| Financial liabilities | ||
| (i) Borrowings | 108.85 | – |
| (ia) Lease liabilities | 21.35 | – |
| (ii) Trade payables | ||
| Total outstanding dues of micro enterprises and small enterprises, and | 68.06 | 28.79 |
| Total outstanding dues of creditors other than micro enterprises and small enterprises | 532.86 | 285.55 |
| (iii) Other financial liabilities | 296.53 | 241.58 |
| Other current liabilities | 199.47 | 103.34 |
| Provisions | 205.64 | 198.01 |
| Current tax liabilities (Net) | 145.24 | 116.34 |
| Total current liabilities | 1,578.00 | 973.61 |
| Total liabilities | 3,008.43 | 1,208.55 |
| Total equity and liabilities | 12,134.33 | 8,681.35 |
| Particulars | Quarter ended March 31, 2026 (Audited) (Refer note 4) | Quarter ended December 31, 2025 (Unaudited) | Quarter ended March 31, 2025 (Audited) (Refer note 4) | Year ended March 31, 2026 (Audited) | Year ended March 31, 2025 (Audited) |
|---|---|---|---|---|---|
| Income from operations | |||||
| Income | 1,933.96 | 1,880.10 | 1,468.77 | 7,015.80 | 5,193.85 |
| Other income, net | 31.54 | 30.51 | 23.82 | 115.99 | 84.51 |
| Total Income from operations (Net) | 1,965.50 | 1,910.61 | 1,492.59 | 7,131.79 | 5,278.36 |
| Expenses | |||||
| Operating expenses | 795.17 | 709.08 | 595.70 | 2,769.41 | 2,112.33 |
| Purchase of stock-in-trade | 129.06 | 182.92 | 116.46 | 547.46 | 305.07 |
| Changes in inventories of stock-in-trade | 4.46 | (0.06) | (1.41) | (25.01) | 15.37 |
| Employee benefits expense | 378.32 | 378.95 | 240.31 | 1,388.06 | 929.64 |
| Finance costs | 28.74 | 10.85 | (1.09) | 50.69 | 11.58 |
| Depreciation and amortisation expense | 91.68 | 89.56 | 60.61 | 342.51 | 238.26 |
| Other expenses | 206.82 | 198.31 | 169.89 | 745.54 | 592.13 |
| Total expenses | 1,634.25 | 1,569.61 | 1,180.47 | 5,818.66 | 4,204.38 |
| Profit before exceptional items, share of net profit /(loss) of associate accounted under equity method & tax | 331.25 | 341.00 | 312.12 | 1,313.13 | 1,073.98 |
| Exceptional items | – | – | – | – | – |
| Profit before share of net profit /(loss) of associate accounted under equity method & tax | 331.25 | 341.00 | 312.12 | 1,313.13 | 1,073.98 |
| Tax expenses (including deferred tax) | 35.47 | 50.95 | 68.74 | 212.66 | 201.64 |
| Profit before share of net profit/(loss) of associate accounted under equity method | 295.78 | 290.05 | 243.38 | 1,100.47 | 872.34 |
| Share of net profit /(loss) of associate accounted under equity method | (0.04) | (0.07) | – | (0.09) | – |
| Profit for the period/year | 295.74 | 289.98 | 243.38 | 1,100.38 | 872.34 |
| Other comprehensive income | |||||
| Items that will not be reclassified to profit or loss (net of tax) | 0.83 | (1.14) | (1.81) | 1.04 | (1.81) |
| Items that will be reclassified to profit or loss (net of tax) | 504.30 | (18.20) | 26.42 | 501.18 | 60.17 |
| Other comprehensive income for the period/year | 505.13 | (19.34) | 24.61 | 502.22 | 58.36 |
| Total comprehensive income for the period/year | 800.87 | 270.64 | 267.99 | 1,602.60 | 930.70 |
| Net Profit attributable to | |||||
| Owners of eMudhra Limited | 289.64 | 286.67 | 238.89 | 1,077.92 | 846.38 |
| Non-controlling interests | 6.10 | 3.31 | 4.49 | 22.46 | 25.96 |
| Other comprehensive income attributable to | |||||
| Owners of eMudhra Limited | 505.13 | (19.34) | 24.61 | 502.22 | 58.36 |
| Non-controlling interests | – | – | – | – | – |
| Total comprehensive income attributable to | |||||
| Owners of eMudhra Limited. | 794.77 | 267.33 | 263.50 | 1,580.14 | 904.74 |
| Non-controlling interests | 6.10 | 3.31 | 4.49 | 22.46 | 25.96 |
| Paid-up-equity share capital (Face Value of Rs. 5/- each) | 410.22 | 409.29 | 406.62 | 410.22 | 406.62 |
| Other Equity | 8,701.11 | 7,046.64 |
| Particulars | March 31, 2026 | December 31, 2025 | March 31, 2025 | Year ended March 31, 2026 | Year ended March 31, 2025 |
|---|---|---|---|---|---|
| Basic (in Rs.) | 3.53 | 3.50 | 2.94 | 13.14 | 10.41 |
| Diluted (in Rs.) | 3.50 | 3.46 | 2.88 | 13.02 | 10.22 |
| Particulars | For the year ended March 31, 2026 (Audited) | For the year ended March 31, 2025 (Audited) |
|---|---|---|
| A. Operating activities | ||
| Profit before tax | 1,313.13 | 1,073.98 |
| Adjustments for: | ||
| Depreciation and amortisation expense | 342.51 | 238.26 |
| Interest on lease liabilities | 1.28 | 0.07 |
| Interest income from bank deposits and others | (11.60) | (38.93) |
| Provision for expected credit loss/doubtful debts | 50.00 | 21.92 |
| Interest income on security deposit | (0.10) | – |
| Unrealised gain on assets measured at fairvalue through profit/loss | (22.11) | (18.75) |
| Share based payment | 103.44 | 74.54 |
| Realised gain on assets measured at fairvalue through profit/loss | (17.86) | (17.52) |
| Sundry creditors written back | (17.60) | (5.45) |
| Impairment of assets | – | 2.20 |
| (Profit)/loss on sale of property, plant and equipment | 0.92 | 0.12 |
| Interest dues to micro and small enterprises | 4.18 | – |
| Gain on lease termination | – | (0.08) |
| Interest on contingent consideration | 28.72 | 8.89 |
| Movement in Non-Controlling interest | (22.46) | (25.96) |
| Operating profit before working capital changes | 1,752.45 | 1,313.29 |
| Working capital adjustments: | ||
| Decrease/(Increase) in other non-current and current financial assets | (378.71) | (22.17) |
| Decrease/(Increase) in inventories | (25.01) | 15.36 |
| Decrease/(Increase) in trade receivables | (487.46) | (443.70) |
| Decrease/(Increase) in loans | (7.57) | (20.99) |
| Increase/(Decrease) in non-current and current financial liabilities | 56.36 | 151.93 |
| Increase/(Decrease) in non-current and current provisions | 26.58 | 31.44 |
| Increase/(Decrease) in non-current and current liabilities | 241.57 | 26.37 |
| Increase/(Decrease) in trade payables | 302.81 | 80.21 |
| Cash generated from operations | 1,481.01 | 1,131.74 |
| Income taxes paid (net) | (152.52) | (115.58) |
| Net Cash flow from / (used in) operating activities (A) | 1,328.49 | 1,016.16 |
| B. Cash flow from Investing activities: | ||
| Purchase of Property, plant and equipment and Intangible assets | (1,853.68) | (832.02) |
| Sale proceeds from property, plant and equipment | 0.19 | 0.42 |
| Payment towards acquisition of business (net of assets acquired) | (629.03) | (743.23) |
| Payment to other investments | (3.55) | (17.09) |
| Investment in mutual funds | (534.97) | (1,860.89) |
| Redemption of mutual funds | 927.60 | 1,142.34 |
| Interest received | 8.69 | 56.21 |
| Increase / (Decrease) from term deposits & other bank balances | (165.78) | 140.86 |
| Net cash used in investing activities (B) | (2,250.53) | (2,113.40) |
| C. Cash flow from Financing activities: | ||
| Proceeds/(repayment) from short term borrowings (net) | 287.77 | (74.71) |
| Payment of lease liabilities | (15.57) | (1.70) |
| Proceeds from exercise of share options | 3.60 | 2.41 |
| Payment of equity dividend | (101.77) | (101.13) |
| Increase / (Decrease) in Non-controlling interests | (4.97) | (38.28) |
| Increase/ (Decrease) in capital reserve contribution | 51.09 | – |
| Interest paid on lease liabilities | (1.28) | (0.07) |
| Net cash from / (used in) financing activities (C) | 218.86 | (213.48) |
| Foreign exchange differences on translation of foreign operations (D) | 272.98 | 70.59 |
| Net increase/ (decrease) in cash and cash equivalents (E=A+B+C+D) | (430.19) | (1,240.13) |
| Cash and cash equivalents at the beginning of the financial year (F) | 1,012.52 | 2,252.65 |
| Cash and cash equivalents at the end of the year (E+F) | 582.33 | 1,012.52 |
| Particulars | March 31, 2026 | March 31, 2025 |
|---|---|---|
| Balance with banks: | ||
| – On current account | 566.05 | 1, |