Digital documentation and e-signature platform Leegality reported strong growth in the fiscal year ended March 2025, crossing ₹80 crore in revenue while more than doubling its profit.
The Gurugram-based company’s operating revenue rose 30.3% year-on-year to ₹81.08 crore in FY25 from ₹62.22 crore in FY24. Including ₹5.52 crore from other income, its total revenue stood at ₹86.6 crore.
Leegality has scaled consistently over the past two years, growing from ₹33.5 crore in FY23 to over ₹81 crore in FY25, reflecting a 2.4X increase driven by rising adoption of digital documentation and compliance solutions.
The company offers digital document logistics and e-signature APIs such as BharatSign, NeSL, and BharatStamp, along with verification and workflow automation tools. Its core eSign and eStamping solutions contributed more than 99% of operating revenue.
On the cost side, employee benefit expenses remained the largest component, increasing 22.1% to ₹44.38 crore. E-sign charges saw the sharpest rise, up 50.7% to ₹14.3 crore, followed by technology expenses at ₹7.87 crore. Advertising expenses stood at ₹3.52 crore, while other overheads reached ₹11.3 crore. Overall, total expenses grew 25.3% to ₹81.37 crore.
With revenue growth outpacing costs, Leegality reported a profit of ₹3.7 crore in FY25, compared to ₹1.12 crore in FY24. However, its EBITDA and ROCE margins remained slightly negative at -1.27% and -3.07%, respectively.
On a unit level, the company improved efficiency, spending ₹1 to earn a rupee in FY25 versus ₹1.04 in FY24. It also maintained a strong cash position with ₹77.37 crore in bank balances and total current assets of ₹82.19 crore.
Leegality has raised around $6.63 million to date, including a $5 million Series A round led by IIFL Fintech Fund.
With increasing enterprise demand for paperless workflows and digital compliance, Leegality appears well positioned for steady and sustainable growth.
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