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PROTEAN · Protean eGov Technologies Ltd · Computer Services

PROTEAN · Protean eGov Technologies Ltd · Computer Services

₹663-1.7%

As of 06 Nov close

52-week range

52wk low ₹44452wk high ₹880

24.7% below 52-week high

52-week range: as of 06 Nov 2026 close.

Price chartDaily closes on the stock page.

Stock Condition:Pro

Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.

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Fundamentals as of 15 Sep 2026 · the company's own latest record is 53 days old

Revenue (latest Q)

₹251 Cr

Revenue YoY

PAT YoY

-75.4%

Operating margin

Revenue, last 8 quarters

P/E (TTM)

P/B

1.9

P/S (TTM)

1.9

Sector P/E

25.5

Dividend yield

+2.0%

CompanyP/EP/BNet marginROED/EDiv. yield
PROTEAN (this stock)29.11.9+8.0%+7.7%0.08+2.0%
Eternal559.112.1+0.6%+1.4%0.150.0%
Wipro13.55.3+13.9%+17.1%0.27+4.8%
Info Edge (India)442+53.7%+4.0%0.57+0.7%

Promoter

Not available from data source

FII

falling 1q

MF

2.22% (0.00pp)

stable

Insider trades

No insider trades in the last 12 months.

Bulk/block deals

canonicalSymboldatebuy quantitybuyer countdeal strengthdeal types present
PROTEAN2026-09-282427231WEAKBULK
PROTEAN2026-09-252197271WEAKBULK
PROTEAN2026-09-2232886277MEDIUMBULK
PROTEAN2026-09-218617343WEAKBULK
PROTEAN2026-06-1900STRONGBULK
PROTEAN2026-05-222856121WEAKBULK

News timeline

No related news.

Concalls & investor presentations

AI-generated
Concall transcriptMixed07 Aug 2026
View source filing →

Key takeaway: During the Q1FY27 earnings conference call, Protean eGov Technologies Limited reported a 19% year-on-year increase in revenue from operations, totaling INR 251 crores. However, EBITDA declined to INR 28 crores, reflecting a 38% decrease from the previous year, primarily due to upfront investments of INR 18 crores for RFP-led mandates and cost inflation from geopolitical tensions. Management highlighted a strong balance sheet with zero debt and over INR 800 crores in cash, allowing for strategic investments. The company aims to deepen its core franchise, enhance operational efficiency through AI, and pursue international expansion. Management emphasized a shift towards solution-led offerings to improve margins and customer relationships. The call concluded with a commitment to sustainable growth and value creation for stakeholders, despite the current mixed performance.

The document presented both positive growth in revenue and challenges with declining margins.

Sourced from an exchange-filed transcript, dated 07 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.

Investor presentationNeutral04 Aug 2026
View source filing →

Key takeaway: Protean eGov Technologies Limited's investor presentation for the quarter ended June 30, 2026, highlighted the company's operational and financial performance. Management reported a 19% year-over-year revenue growth, reaching ₹251 crore, despite a decline in profitability with a profit after tax of ₹6 crore, down 75% year-over-year. The Tax Services segment maintained its leadership position, while the Central Recordkeeping Agency (CRA) onboarded over 1,000 new corporates. New initiatives contributed 17% to total revenues, up from 10% in the previous fiscal year. The presentation outlined immediate strategic priorities, including focusing on high-margin businesses, leveraging AI capabilities, and expanding internationally. Management emphasized the importance of execution and disciplined capital allocation to create long-term stakeholder value. The company maintained a strong balance sheet with cash reserves exceeding ₹800 crore and zero debt.

The presentation provided a balanced view of performance and strategic priorities without strong positive or negative emphasis.

Sourced from an exchange-filed presentation, dated 04 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.

Concall transcriptPositive26 May 2026
View source filing →

Key takeaway: Protean eGov Technologies Limited held its Q4 and FY26 earnings conference call on May 21, 2026, where management discussed the company's operational and financial performance. CEO V. Easwaran highlighted the strong momentum in India's digital economy, reporting a record consolidated revenue of INR 998 crores for FY26, an 18.7% year-on-year growth. EBITDA increased by 27% to INR 188 crores, with margins improving to 17.6%. The Tax Services business maintained a 59% market share, while the CRA Services business saw a 7.5% revenue growth. New businesses grew nearly threefold to INR 103 crores. CFO Sandeep Mantri noted a strong balance sheet with zero debt and cash reserves exceeding INR 850 crores. The company plans to deepen its leadership in digital public infrastructure and expand its services. Management also announced the appointment of Ajay Rajan as the new Managing Director and CEO effective June 1, 2026.

Management emphasized strong financial performance and growth opportunities.

Sourced from an exchange-filed transcript, dated 26 May 2026. Summary is RedixFi-generated and distinct from investment advice.

Investor presentationPositive20 May 2026
View source filing →

Key takeaway: Protean eGov Technologies Limited provided an investor presentation detailing its operational and financial performance for the quarter and financial year ended March 31, 2026. The presentation highlighted the company's strong growth across core businesses, particularly in Tax and Central Recordkeeping Agency (CRA) services, with a reported revenue of ₹998 crore, reflecting a 19% year-over-year increase. Management noted a significant diversification in revenue sources, with new businesses contributing 10% to total revenue, up from 4% in the previous year. The company maintained a dominant market share in PAN issuance and CRA services, with 64% and 98% market shares, respectively. The presentation also discussed the appointment of Mr. Ajay Rajan as the new Managing Director and CEO, emphasizing his extensive experience in digital transformation. Additionally, Protean reported a strong balance sheet with cash reserves exceeding ₹850 crore and zero debt.

Management emphasized strong growth and diversification in revenue sources.

Sourced from an exchange-filed presentation, dated 20 May 2026. Summary is RedixFi-generated and distinct from investment advice.

Concall transcriptPositive16 Feb 2026
View source filing →

Key takeaway: Protean eGov Technologies Limited reported a steady performance in its Q3 FY26 earnings conference call. Management stated that revenue from operations grew 13% year-over-year to INR 229 crores, driven by gains in tax services and contributions from new businesses. EBITDA increased by 34% YoY to INR 46 crores, with margins expanding by 335 basis points to 19%. The adjusted profit after tax was INR 26 crores, resulting in a PAT margin of 10.9%. Management highlighted a strong balance sheet with approximately INR 800 crores in cash and no debt. The company continues to strengthen its leadership in tax services, with a 59% market share in PAN card issuance. New businesses contributed 11% to operating revenue, up from 4% in FY25. Protean also secured a national mandate in Ethiopia valued at INR 25 crores, expanding its international footprint. The management expressed confidence in sustaining growth and advancing India's digital infrastructure.

Management emphasized strong financial performance and growth opportunities.

Sourced from an exchange-filed transcript, dated 16 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.

Investor presentationPositive11 Feb 2026
View source filing →

Key takeaway: Protean eGov Technologies Limited's investor presentation for the quarter and nine months ended December 31, 2025, detailed the company's operational and financial performance. Management highlighted a strong trajectory for business diversification, emphasizing ongoing expansion into sectors such as agriculture, insurance, education, and health. The presentation reported a revenue of ₹229 crore for Q3FY26, reflecting a 13% year-over-year increase, with EBITDA rising 34% to ₹46 crore. The company maintained a dominant market share in PAN issuance and Central Recordkeeping Agency services. Management noted the successful rollout of Aadhaar Seva Kendras and a strategic acquisition of a stake in NSDL Payments Bank to enhance digital banking technologies. The document outlined Protean's positioning as a leader in Digital Public Infrastructure, with a focus on international expansion and innovative service offerings.

Management emphasized strong growth and strategic initiatives across various sectors.

Sourced from an exchange-filed presentation, dated 11 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.

AI Summary of Annual Report

AI-generated
FY2025-26345 pages

Protean eGov Technologies Limited's 2025-26 annual report highlights its role in India's digital infrastructure development, emphasizing expansion into emerging national platforms and AI integration. The report underscores a commitment to sustainability aligned with UN SDGs and outlines strategic priorities including selective innovation, strategic partnerships, and scalable digital platforms. It also details initiatives in financial inclusion, pension services, and cybersecurity, while noting risks related to global economic uncertainties and regulatory changes.

  • Expansion into emerging national platforms and AI integration to enhance digital public infrastructure
  • Commitment to sustainability aligned with UN SDGs and integrated reporting framework
  • Focus on selective innovation, strategic partnerships, and scalable digital platforms for growth
  • Initiatives in financial inclusion, pension services, and cybersecurity with technology-driven solutions
  • Strengthening of internal controls and governance with CMMI Level 5 certification for process excellence

Key takeaway: Protean is positioning itself as a leader in India's digital transformation by expanding its digital public infrastructure capabilities, integrating AI, and aligning with sustainability goals, while navigating global and regulatory challenges.

The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.

Filed with NSE · 28 Aug 2026View source filing →

Governance disclosures

AI-generated

Needs attention

No item of a kind that needs attention was stored for this company.

Contingent Liability

2 occurrences

Recent (last 12 months)

Annual Report28 Aug 2026 (FY2025-26)· 4 passages
View source filing →

The company has contingent liabilities related to pending litigation and tax matters, with uncertain future events determining the obligation. The company does not expect reimbursements for these liabilities.

Earlier (1-3 years ago)

Annual Report25 Aug 2025 (FY2024-25)· 2 passages
View source filing →

The company has contingent liabilities from pending litigations related to direct tax, indirect tax, and other authorities, with uncertain outcomes and no expected reimbursements.

Related-Party Transaction

2 occurrences

Recent (last 12 months)

Annual Report28 Aug 2026 (FY2025-26)
View source filing →

The company has related party transactions with NSE Investments Limited and key managerial personnel including Mr. Suresh Sethi, Mr. Jayesh Sule, and Mr. Maulesh Kantharia, involving dividend payments.

Earlier (1-3 years ago)

Annual Report25 Aug 2025 (FY2024-25)
View source filing →

The company has disclosed transactions with related parties, including dividend payments and remuneration to individuals such as Mr. Suresh Sethi, Mr. Jayesh Sule, and Mr. Maulesh Kantharia, as well as expenses incurred on behalf of subsidiaries.

Statutory dues in dispute

1 occurrence

Earlier (1-3 years ago)

Annual Report25 Aug 2025 (FY2024-25)Disputed tax/statutory dues under appeal, not a loan default
View source filing →

The company has outstanding statutory dues under various tax acts, including Sales Tax, Goods and Services Tax, and Income Tax, with amounts ranging from 0.02 crore to 21.18 crore, pending resolution in appellate tribunals and income tax authorities.

Management & Board Governance

1 occurrence

Earlier (1-3 years ago)

Annual Report25 Aug 2025 (FY2024-25)
View source filing →

Mr. Sudeep Bhatia resigned as Chief Financial Officer effective June 4, 2024, and Mr. Sandeep Mantri was appointed as Chief Financial Officer effective August 12, 2024.

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