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Protean eGov Technologies Ltd

Protean eGov Technologies Ltd

PROTEAN Share Price

NSE
590.101.49% (-8.95)
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With a market cap of ₹2,433 cr, stock is ranked 1,152

Stock is 3.39x as volatile as Nifty

PROTEAN Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹2,433 cr, stock is ranked 1,152

Stock is 3.39x as volatile as Nifty

PROTEAN Performance & Key Metrics

PROTEAN Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
24.192.441.67%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
21.515.663.27%

PROTEAN Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 3 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

PROTEAN Company Profile

Protean eGov Technologies Ltd provides IT-enabled solutions focusing on e-governance, citizen services, and system integration for government and corporate sectors, enhancing public service delivery across various ministries.

Investor Presentation

View older View older 

May 20, 2026

PDF
View Older Presentations

PROTEAN Similar Stocks (Peers)

Compare with peers Compare with peers 

PROTEAN Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
16.04
16.04
1Y Return
32.31%
32.31%
Buy Reco %
68.29
68.29
PE Ratio
15.16
15.16
1Y Return
29.78%
29.78%
Buy Reco %
65.00
65.00
PE Ratio
19.86
19.86
1Y Return
24.61%
24.61%
Buy Reco %
43.75
43.75
PE Ratio
13.37
13.37
1Y Return
29.82%
29.82%
Buy Reco %
28.57
28.57
PE Ratio
30.65
30.65
1Y Return
4.58%
4.58%
Buy Reco %
66.67
66.67
Compare with Peers

PROTEAN Sentiment Analysis

PROTEAN Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

PROTEAN Stock Summary · May 2026

Management presented a message of record top‑line growth and improving operating profitability tempered by near‑term investment and timing pressures, with consolidated FY26 revenue at INR 998 crore and EBITDA of INR 188 crore. They emphasised scale in tax identity services as a foundational enabler for financial inclusion, continued market leadership in PAN processing, steady CRA subscriber additions amid PFRDA reforms, and deliberate expansion of higher‑value identity and data products and new businesses to broaden revenue mix. At the same time they flagged tension between front‑loaded implementation costs and later annuity‑like maintenance revenues: the Aadhaar Seva Kendra rollout will require significant incremental entry‑level hiring that will hit project costs before full volumes and revenue materialize, and recent CRA fee changes and timing of storage‑related receipts may depress margins in the near term. Management reiterated an emphasis on automation and technology to lift margins over the medium term, expects all Seva Kendras operational by September–October 2026 with full‑scale revenue a few months thereafter, and outlined near‑term higher employee costs alongside material data‑product revenue expected in the coming quarters.

PROTEAN Stock Growth Drivers
PROTEAN Stock Growth Drivers
8
  • Leadership in India’s Digital Public Infrastructure (DPI) and favorable macro tailwinds

    Protean is positioned to benefit from powerful, sustained macro tailwinds driving India’s digital economy—including rapid

  • Record financial performance and improving profitability

    FY26 delivered the company’s highest-ever annual revenue of INR 998 crore (≈18.7–19% YoY growth) with

PROTEAN Stock Challenges
PROTEAN Stock Challenges
4
  • Aadhaar Seva Kendra rollout driving near‑term margin pressure and cost ramp

    The planned roll‑out of approximately 190 Aadhaar Seva Kendras will materially raise employee and infrastructure

  • PAN business: revenue recognition, collectibility and operational visibility risk

    Revenue from PAN‑related storage charges is uneven and carries timing and collectibility risk: the disclosed

PROTEAN Forecast

PROTEAN Forecasts

Price

Revenue

Earnings

PROTEAN

PROTEAN

Income

Balance Sheet

Cash Flow

PROTEAN Income Statement

PROTEAN Income Statement

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Quarterdec 2023mar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025mar 2026
Total Revenue233.00235.08215.80233.27221.12238.69239.36265.10243.29322.85
Operating & Other expensessubtract206.94200.15181.43188.07186.53204.26194.43221.17201.03270.30
Depreciation/Amortizationsubtract6.1910.906.777.145.818.1011.0410.3811.2714.06
Interest & Other Itemssubtract0.520.520.500.490.261.091.521.511.572.08
Taxes & Other Itemssubtract4.124.226.019.535.594.848.528.186.926.03
EPS3.764.775.216.935.665.045.885.885.557.49

PROTEAN Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual Report Pending

Investor Presentation

May 20PDF
Feb 11PDF
Nov 6PDF
Aug 7PDF
FY 2025FY 2025

Annual report

PDF

Investor Presentation

May 21PDF
FY 2024FY 2024

Annual report

PDF
 

PROTEAN Stock Peers

PROTEAN Past Performance & Peer Comparison

PROTEAN Past Performance & Peer Comparison

Comparing 3 stocks from 
Information TechnologyIT Services & Consulting

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Protean eGov Technologies Ltd24.192.441.67%
Tata Consultancy Services Ltd16.047.285.04%
Infosys Ltd15.164.794.35%
HCL Technologies Ltd19.864.744.43%

PROTEAN Stock Price Comparison

Compare PROTEAN with any stock or ETF
Compare PROTEAN with any stock or ETF
PROTEAN
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PROTEAN Holdings

PROTEAN Shareholdings

PROTEAN Promoter Holdings Trend

PROTEAN Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

PROTEAN Institutional Holdings Trend

PROTEAN Institutional Holdings Trend

Decreased Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has decreased by 1.70%

Increased Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has increased by 1.08%

Tickertape Separator

PROTEAN Shareholding Pattern

PROTEAN Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding0.00%2.22%19.03%8.61%70.14%

Jun 2025

Sep 2025

Dec 2025

Mar 2026

PROTEAN Shareholding History

PROTEAN Shareholding History

FebMarJunSepDec '25Mar10.20%10.91%8.79%7.77%7.54%8.61%

Mutual Funds Invested in PROTEAN

Mutual Funds Invested in PROTEAN

No mutual funds holding trends are available

Top 1 Mutual Funds holding Protean eGov Technologies Ltd


Funds (Top 1)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
2.1941%0.07%0.00%200/267 (-12)

Compare 3-month MF holding change on Screener

PROTEAN Insider Trades & Bulk Stock Deals

PROTEAN Insider Trades & Bulk Stock Deals

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smallcases containing PROTEAN stock

smallcases containing PROTEAN stock

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PROTEAN Events

PROTEAN Events

PROTEAN Dividend Trend

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.67%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹16.66 every year

Dividends

Corp. Actions

Announcements

Legal Orders

PROTEAN Dividend Trend

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.67%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹16.66 every year

PROTEAN Upcoming Dividends

PROTEAN Upcoming Dividends

No upcoming dividends are available

PROTEAN Past Dividends

PROTEAN Past Dividends

Cash Dividend

Ex DateEx DateAug 29, 2025

Final
Final | Div/Share: ₹10.00

Dividend/Share

10.00

Ex DateEx Date

Aug 29, 2025

Cash Dividend

Ex DateEx DateSep 6, 2024

Final
Final | Div/Share: ₹10.00

Dividend/Share

10.00

Ex DateEx Date

Sep 6, 2024

PROTEAN Stock News & Opinions

PROTEAN Stock News & Opinions

Corporate
Corporate
Protean eGov Technologies allots 4,463 equity shares under ESOP

Protean eGov Technologies has allotted 4,463 equity shares under ESOP on 18 June 2026. With this allotment, the paid up equity share capital has increased to Rs. 40,62,11,940/- comprising of 4,06,21,194 equity shares of face value of Rs. 10/- each.

3 weeks agoCapital Market - Live
Spotlight
Spotlight
Protean eGov Technologies CTO Dattaram Mhadgut resigns

His resignation will be effective from the close of business hours on 18 June 2026. Protean eGov Technologies has been at the forefront of building citizen-scale digital public infrastructure across taxation, social security and identity services. Aligned with India's open digital infrastructure framework, the company contributes to multisectoral open digital ecosystems spanning e-commerce, transport and mobility, agriculture, insurance, education and skilling, and healthcare. The company reported revenue from operations of Rs 308 crore in Q4 FY26, up 38% YoY and 34% QoQ. Total income rose 35% YoY and 33% QoQ to Rs 323 crore in the March 2026 quarter. Shares of Protean eGov Technologies shed 0.32% to close at Rs 632 on the BSE.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Spotlight
Spotlight
Protean eGov gains on appointing Ajay Rajan as MD & CEO; V Easwaran steps down as interim CEO

Following the appointment, V Easwaran, who was serving as Interim CEO along with his role as whole-time director (WTD) and chief operating officer (COO), has ceased to be the interim CEO from the same date. He will continue in his role as WTD and COO of the company. Protean eGov Technologies has been at the forefront of building citizen-scale digital public infrastructure across taxation, social security and identity services. Aligned with India's open digital infrastructure framework, the company contributes to multisectoral open digital ecosystems spanning e-commerce, transport and mobility, agriculture, insurance, education and skilling, and healthcare. The company reported revenue from operations of Rs 308 crore in Q4 FY26, up 38% YoY and 34% QoQ. Total income rose 35% YoY and 33% QoQ to Rs 323 crore in the March 2026 quarter. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Spotlight
Protean eGov Tech hits the roof after Q1 PAT jumps 53% YoY

The company reported revenue from operations of Rs 308 crore in Q4 FY26, up 38% YoY and 34% QoQ. Total income rose 35% YoY and 33% QoQ to Rs 323 crore in the March 2026 quarter. EBITDA stood at Rs 53 crore in Q4 FY26, up 55% YoY and 15% QoQ. EBITDA margin improved by 208 basis points YoY to 16.5%, though it declined 249 basis points sequentially. Adjusted profit after tax rose 53% YoY and 18% QoQ to Rs 31 crore. For FY26, revenue from operations increased 19% to Rs 998 crore, while EBITDA rose 27% to Rs 188 crore. Adjusted PAT climbed 14% to Rs 105 crore. The company said its balance sheet remained strong with more than Rs 850 crore of cash equivalents and marketable securities and zero debt as of 31 March 2026. Among business segments, tax services revenue jumped 65% YoY and 56% QoQ to Rs 177 crore in Q4 FY26, supported by higher PAN card issuances ahead of regulatory changes effective from 1 April 2026. CRA services revenue rose 3% YoY and 8% QoQ to Rs 78 crore, while new business revenue surged 95% YoY to Rs 29 crore. Protean said new businesses contributed 10% of total revenue in FY26 compared with 4% in FY25. The company also highlighted progress in projects such as CERSAI CKYCRR 2.0 and Bima Sugam and said it has rolled out 44 Aadhaar Seva Kendras across 20 states and union territories. The board recommended a final dividend of Rs 10 per equity share with face value of Rs 10 each for FY26. Net cash from operating activities stood at Rs 78.47 crore in FY26 compared with Rs 192.71 crore in FY25. Meanwhile, Ajay Rajan has been appointed as the managing director & chief executive officer of Protean eGov Technologies with effect from 1st June 2026. Prior to joining Protean, he was part of the senior management team at YES Bank, where in his tenure of 8.5 years, he led Transaction & Digital Banking, Government, Multinational and New Economy businesses, IBU and Knowledge Units. Before YES Bank, he served at Deutsche Bank for 21.5 years, with his last role as Global Head of Fintech. Protean eGov Technologies has been at the forefront of building citizen-scale digital public infrastructure across taxation, social security and identity services. Aligned with India's open digital infrastructure framework, the company contributes to multisectoral open digital ecosystems spanning e-commerce, transport and mobility, agriculture, insurance, education and skilling, and healthcare. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Corporate
Board of Protean eGov Techs. recommends final dividend

Protean eGov Techs. announced that the Board of Directors of the Company at its meeting held on 20 May 2026, inter alia, have recommended the final dividend of Rs 10 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

1 month agoCapital Market - Live
Spotlight
Spotlight
Protean eGov Technologies Ltd leads gainers in 'A' group

Sansera Engineering Ltd, Honeywell Automation India Ltd, IRB Infrastructure Developers Ltd and Sammaan Capital Ltd are among the other gainers in the BSE's 'A' group today, 21 May 2026.Protean eGov Technologies Ltd surged 18.23% to Rs 644.35 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 3.07 lakh shares were traded on the counter so far as against the average daily volumes of 26846 shares in the past one month. Sansera Engineering Ltd spiked 14.08% to Rs 2835.1. The stock was the second biggest gainer in 'A' group. On the BSE, 85075 shares were traded on the counter so far as against the average daily volumes of 28217 shares in the past one month. Honeywell Automation India Ltd soared 12.35% to Rs 33900. The stock was the third biggest gainer in 'A' group. On the BSE, 3155 shares were traded on the counter so far as against the average daily volumes of 472 shares in the past one month. IRB Infrastructure Developers Ltd added 8.90% to Rs 23.01. The stock was the fourth biggest gainer in 'A' group. On the BSE, 47.9 lakh shares were traded on the counter so far as against the average daily volumes of 10.05 lakh shares in the past one month. Sammaan Capital Ltd spurt 8.57% to Rs 153.9. The stock was the fifth biggest gainer in 'A' group. On the BSE, 38.64 lakh shares were traded on the counter so far as against the average daily volumes of 6.38 lakh shares in the past one month. Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Earnings
Protean eGov Technologies consolidated net profit rises 48.92% in the March 2026 quarter

Net profit of Protean eGov Technologies rose 48.92% to Rs 30.38 crore in the quarter ended March 2026 as against Rs 20.40 crore during the previous quarter ended March 2025. Sales rose 38.44% to Rs 307.54 crore in the quarter ended March 2026 as against Rs 222.15 crore during the previous quarter ended March 2025. For the full year,net profit rose 8.79% to Rs 100.59 crore in the year ended March 2026 as against Rs 92.46 crore during the previous year ended March 2025. Sales rose 18.68% to Rs 997.75 crore in the year ended March 2026 as against Rs 840.70 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales307.54222.15 38 997.75840.70 19 OPM %12.358.05 -11.589.56 - PBDT51.2233.34 54 181.69146.25 24 PBT37.1625.24 47 134.94118.43 14 NP30.3820.40 49 100.5992.46 9 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Corporate
Protean eGov Techs. to convene board meeting

Protean eGov Techs. will hold a meeting of the Board of Directors of the Company on 20 May 2026.

2 months agoCapital Market - Live
Earnings
Earnings
Protean eGov Technologies consolidated net profit declines 1.88% in the December 2025 quarter

Net profit of Protean eGov Technologies declined 1.88% to Rs 22.50 crore in the quarter ended December 2025 as against Rs 22.93 crore during the previous quarter ended December 2024. Sales rose 13.13% to Rs 228.87 crore in the quarter ended December 2025 as against Rs 202.31 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales228.87202.31 13 OPM %13.897.80 - PBDT44.6434.33 30 PBT33.3728.52 17 NP22.5022.93 -2 Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
Corporate
Protean eGov Techs. to discuss results

Protean eGov Techs. will hold a meeting of the Board of Directors of the Company on 11 February 2026.Powered by Capital Market - Live

5 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Protean eGov Technologies Ltd (PROTEAN) today?

    The share price of PROTEAN as on 14th July 2026 is ₹590.10. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Protean eGov Technologies Ltd (PROTEAN) share?

    The past returns of Protean eGov Technologies Ltd (PROTEAN) share are
    • Past 1 week: 0.01%
    • Past 1 month: -4.12%
    • Past 3 months: 12.35%
    • Past 6 months: -15.73%
    • Past 1 year: -24.17%
    • Past 3 years: N/A%
    • Past 5 years: -59.24%

  3. What are the peers or stocks similar to Protean eGov Technologies Ltd (PROTEAN)?

    The peers or stocks similar to Protean eGov Technologies Ltd (PROTEAN) include:

  4. What is the dividend yield % of Protean eGov Technologies Ltd (PROTEAN) share?

    The current dividend yield of Protean eGov Technologies Ltd (PROTEAN) is 1.67.

  5. What is the market cap of Protean eGov Technologies Ltd (PROTEAN) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Protean eGov Technologies Ltd (PROTEAN) is ₹2433.41 Cr as of 14th July 2026.

  6. What is the 52 week high and low of Protean eGov Technologies Ltd (PROTEAN) share?

    The 52-week high of Protean eGov Technologies Ltd (PROTEAN) is ₹945.50 and the 52-week low is ₹444.

  7. What is the PE and PB ratio of Protean eGov Technologies Ltd (PROTEAN) stock?

    The P/E (price-to-earnings) ratio of Protean eGov Technologies Ltd (PROTEAN) is 24.19. The P/B (price-to-book) ratio is 2.44.

  8. Which sector does Protean eGov Technologies Ltd (PROTEAN) belong to?

    Protean eGov Technologies Ltd (PROTEAN) belongs to the Information Technology sector & IT Services & Consulting sub-sector.

  9. How to buy Protean eGov Technologies Ltd (PROTEAN) shares?

    You can directly buy Protean eGov Technologies Ltd (PROTEAN) shares on Tickertape. Simply sign up, connect your demat account and place your order.