EMUDHRA

What eMudhra promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 19 tracked 4 delivered 5 missed 10 open
  • Cryptas Acquisition Profitability delivered said Q1 FY26 Promised: 20% EBITDA kind of margins over next 2-3 years Q1 FY27: Remains achieved. Q1 FY27 results show Cryptas contributed INR 200M revenue and is expected to be profitable for the full year FY27.
  • FY25 Total Revenue went quiet said Q2 FY25 Promised: around INR 500 crores Q1 FY27: Promise period has passed.
  • FY27 Trust Services Growth diluted said Q4 FY26 Promised: 20% Q1 FY27: Guidance revised down to 15-20% per year. Q1 FY27 growth was only 5% YoY due to regulatory headwinds.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 19 tracked commitments for eMudhra — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens