💡 Did you know?
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
History
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
eMudhra Limited is a global trust service provider, intending to assist governments and enterprises. It provides various solutions and services, such as digital signatures, authentication solutions, paperless office solutions and other solutions around public key…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, fast-growing business, trading cheap versus its own history.
Emudhra is scored on the it / services framework. It keeps a healthy 15.4% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.21× reported profit. Free cash flow is worth about -3.0% of its market value.
Over the last 3 years revenue compounded at 41%/yr and profit at 22%/yr. Book value itself has compounded 33%/yr — the hallmark of a genuine compounder. Return on equity is a healthy 12.5%. In the latest quarter profit grew 8% versus the prior quarter.
At 28× earnings, the stock sits at the 2nd percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price implies ~12%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 24.65 | 18.54 | worse |
| P/B | 3.13 | 3.63 | better |
| EV/EBITDA | 16.16 | 6.09 | worse |
| ROE | 12.53 | 38.53 | worse |
| ROCE | 13.71 | 12.97 | better |
| ROA | 9.78 | 4.38 | better |
| Quick Ratio | 2.74 | 12.86 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| TCS | 17.4 | 7.6 | 43.4% |
| Infosys | 15.6 | 5.1 | 31.0% |
| HCL Technologies | 21.3 | 5.1 | 24.1% |
Revenue has grown every year across all 4 financial years shown. 41% CAGR over 3 years — high-growth territory.
Net profit has risen every year — the hallmark of a compounder. Revenue is outpacing profit (41% vs 22%) — costs are rising faster than the top line.
Operating margin has compressed from 29% to 18% — costs or competition are eating into profitability. Margins have declined for 3 consecutive years — watch for a structural cost problem.
ROE at 12% — a respectable return on shareholder capital. Low variance across years — a predictable business that earns steadily on its equity base.
EPS has grown every year — each share earns more than the last, consistently. Profit grew faster than EPS (22% vs 16%) — share dilution is eroding per-share value. 16% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 1.2× PAT — earnings are well-backed by cash; strong accrual quality. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 54.4% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.