Protean eGov Technologies Limited

Protean eGov Technologies Limited

591.80
INR
-11.75
(-1.95%)
20.24EPS
29.06P/E
24.02BMarket Cap
Nov 26Next Earn
Protean eGov Technologies Limited
NSE:PROTEAN
(National Stock Exchange of India)

Recent

price

591.80

P/E

ratio

29.06

div

yld

- -

ROIC.AI

2021
2022
2023
2024
2025
2026
TTM
INR
148.84
170.49
180.69
216.61
205.59
243.36
245.93
Revenue per Share
22.79
35.59
26.46
24.06
22.83
24.79
20.35
Basic EPS, GAAP
22.45
18.61
27.97
8.42
41.15
2.88
- -
Free Cash Flow per Basic Share
44.63
8.97
9.98
10
9.99
9.98
- -
Dividend per Share
165.07
194.87
211.91
228.99
246.32
265.25
- -
Book Value per Share
164.72
193.64
208.19
220.59
234.37
255.09
- -
Tangible Book Value per Share
40
40
40
40
41
41
41
Basic Weighted Avg Shares
6,020
6,896
7,308
8,759
8,327
9,877
9,982
Sales/Revenue/Turnover
11.3
15.49
13.66
7.34
7.69
8.63
5.06
Operating Margin (%)
168
170
183
275
278
468
539
Depreciation Expense
922
1,439
1,070
973
925
1,006
826
Net Income, GAAP
20.53
22.46
23.77
23.91
21.93
22.77
21.97
Effective Tax Rate (%)
15.31
20.87
14.65
11.11
11.1
10.18
8.27
Profit Margin (%)
2,995
3,659
1,798
2,130
2,451
3,043
- -
Working Capital
19
79
40
122
602
697
- -
LT Debt
6,675
7,880
8,569
9,260
9,988
10,774
- -
Total Equity
- -
16.83
9.76
5.54
4.26
4.49
- -
Return on Invested Capital (%)
- -
19.59
12.95
10.88
9.36
9.48
- -
Return on Capital (%)
- -
19.77
13.01
10.91
9.61
9.69
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
178
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
697
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
41
41
41
Market Capitalization
30,678
18,131
24,021

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
6,097
- -
Cash, Cash Equivalents & STI
- -
1,869
- -
Accounts Receivable, Net
- -
2,046
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
3,054
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
178
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
10.12%
7.87%
Free Cash Flow
- -
51.99%
-92.99%
Net Income, GAAP
- -
5.04%
8.79%
Sales/Revenue/Turnover
- -
10.81%
18.62%
Total Cash Common Dividend
- -
-13.65%
0.15%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,965
2,197
2,023
2,222
8,327
2026
2,108
- -
2,289
3,075
9,877
2027
2,510
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
5.21
6.93
5.66
5.04
22.83
2026
5.88
- -
5.55
7.49
24.79
2027
1.44
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
9.99
2026
- -
- -
- -
- -
9.98
2027
- -
- -
- -
- -
- -
Business
Protean eGov Technologies Ltd Protean eGov Technologies Limited provides information technology-enabled e-governance services in India, focusing on digital public infrastructure (DPI) solutions for government bodies, citizens, and enterprises. Incorporated in 1995 and headquartered in Mumbai, the company offers core products and services including tax services such as PAN issuance and verification, Tax Information Network; central recordkeeping agency (CRA) services for National Pension System (NPS), Atal Pension Yojana (APY), and Unified Pension Scheme (UPS); digital identity solutions encompassing e-KYC, Aadhaar authentication, eSign, eSignPro for digital signatures and stamping, and online PAN validation; data stack offerings like AI-powered CKYC, Account Aggregator, and RISE with Protean API marketplace; open digital ecosystems (ODE) supporting ONDC for e-commerce, mobility, open finance, agriculture, education, skilling, healthcare, and insurance via gateways, registries, and consumer applications; and cloud & infosec services featuring sovereign-grade MeitY-certified cloud (IaaS, DaaS, NaaS), managed SOC, quantum-safe data vaults, secure API gateways, and AI-in-a-Box. With operations across India through offices in Mumbai, Delhi, Chennai, Kolkata, Pune, and Ahmedabad, plus over 400,000 phygital touchpoints including Aadhaar Seva Kendras, Protean serves central and state governments, BFSI, corporates, and individuals, holding market leadership with 63% share in cumulative PAN issuance, 98% in CRA subscribers (8.8 crore+), and dominant positions in foundational identity services. Recent developments include securing a Rs 1,370 crore six-year contract from UIDAI in 2025 to establish and operate Aadhaar Seva Kendras in 188 districts, reinforcing its role in scaling both PAN and Aadhaar; launching e-NPS Express Onboarding, Sovereign AI Cloud-in-a-Box, and quantum-safe data vaults at Global Fintech Fest 2025; expanding ODE into open finance on ONDC, NPS Vatsalya, Unified Pension Scheme, India's first live BECKN Gateway for Kochi Open Mobility, and ONEST for education; forming partnerships like with Yappes for API lifecycle management on Protean Cloud; incorporating Protean International DMCC in Dubai for global outreach targeting Southeast Asia, Middle East, and Africa; and achieving 12% revenue contribution from new businesses in H1FY26 versus 4% in FY25, with Q2FY26 revenue up 14% YoY to Rs 251 crore amid diversification beyond core tax and CRA segments.