Protean eGov Technologies Limited (BOM:544021)
| Market Cap | 21.78B |
| Revenue (ttm) | 9.12B |
| Net Income (ttm) | 906.10M |
| Shares Out | 40.62M |
| EPS (ttm) | 22.24 |
| PE Ratio | 24.12 |
| Forward PE | 20.19 |
| Dividend | 10.00 (1.84%) |
| Ex-Dividend Date | Aug 29, 2025 |
| Volume | 13,832 |
| Average Volume | 32,215 |
| Open | 544.55 |
| Previous Close | 542.75 |
| Day's Range | 533.00 - 544.55 |
| 52-Week Range | 445.00 - 1,435.40 |
| Beta | -0.31 |
| RSI | 49.70 |
| Earnings Date | May 7, 2026 |
About Protean eGov Technologies
Protean eGov Technologies Limited, together with its subsidiaries, provides information technology (IT) enabled e-governance services in India. The company conceptualizes, develops, and executes critical and population scale greenfield technology solutions; and offers citizen services, system integration, business process re-engineering, data center co-location, and IT consulting services for individuals, corporates, and the government. It also operates as a central recordkeeping agency and a tax information network; and processes the applicati... [Read more]
Financial Performance
In fiscal year 2025, Protean eGov Technologies's revenue was 8.41 billion, a decrease of -4.69% compared to the previous year's 8.82 billion. Earnings were 924.60 million, a decrease of -4.96%.
Financial StatementsNews
Protean eGov Technologies Transcript: Q3 25/26
Revenue grew 13% YoY in Q3 FY26, with EBITDA up 34% and margins expanding to 19%. New businesses now contribute 11% of revenue, and a robust order book and ASK rollout are set to drive further growth. Cash reserves remain strong, supporting future investments.
Protean eGov Technologies Transcript: M&A Announcement
A 4.95% stake in NSDL Payments Bank was acquired for INR 30.2 crores to drive digital financial inclusion and co-create scalable banking technologies. The partnership leverages both firms’ distribution networks and expertise, with no exclusivity, aiming for long-term synergies and broader market impact.
Protean eGov Technologies Transcript: Q2 25/26
Revenue grew 19% QoQ and 14% YoY, with new businesses now contributing 12% of H1 revenue. Major wins include a INR 1,370 crore Aadhaar Seva Kendra mandate, and margins are expected to improve as new business streams scale.
Protean eGov Technologies Transcript: Investor Update
Awarded a six-year, INR 1,370 crore contract to operate Aadhaar centers in 188 districts, Protean will earn revenue per transaction with regulated pricing and potential for expansion. The project is expected to contribute INR 180–190 crore annually and be EBITDA accretive.
Protean eGov Technologies Transcript: Q1 25/26
Revenue grew 7% year-over-year to INR 211 crore, with EBITDA up 31% and PAT up 13%. Strong CRA and tax services performance, a robust INR 300 crore order book, and new mandates like Bima Sugam position the company for continued growth. Margins are expected to improve as new products scale.
Protean eGov Technologies Transcript: Q4 24/25
FY 2025 saw 5% YoY declines in revenue and profit, but strong growth in pension services, increased PAN market share, and robust new business momentum. International expansion and new digital products are expected to drive future growth, with new businesses targeted to contribute 25-30% of revenue in three years.
Protean eGov Technologies Transcript: Business Update
PAN 2.0 is a tech revamp RFP for the Income Tax Department, with no immediate impact on the company's core PAN processing and issuance business. The company retains a dominant market share and expects continued demand, while seeking clarification on its PAN 2.0 bid status.
Protean eGov Technologies Transcript: Q3 24/25
Q3 FY25 saw stable revenues at INR 202 crore, with tax and pension services growing despite a high base effect in identity services. Profit after tax rose 44% YoY, and new mandates and annuity-based business models are expected to drive future growth.
Protean eGov Technologies Transcript: Q2 24/25
Q2 FY25 saw 12% QOQ revenue growth, led by tax and pension services, with profit after tax up 33%. New business lines in open finance and digital ecosystems are gaining traction, while identity services faced margin pressure. Cash reserves remain strong and the outlook is positive.
Protean eGov Technologies Transcript: Q1 24/25
Q1 FY25 saw an 11% revenue decline year-on-year due to lower PAN issuances, but market share rose to 54%. Pension and identity services grew by 13% and 27% respectively, while new digital infrastructure businesses showed early traction. Cash reserves remain strong at over INR 700 crore.