Protean eGov Technologies Ltd
PROTEAN NSE
Protean eGov Technologies Ltd
Information TechnologyNSE: PROTEAN BSE: 544021 IT Enabled Services
Key Fundamentals
MicrocapIT Enabled ServicesInformation TechnologyMarket Cap
₹2,328 Cr
Volatility
Moderate
P/E Ratio
27.82
EBITDA
₹111 Cr
Return on Equity
9.26%
Debt to Equity
0.08
Book Value
₹265.22
52W High
₹945.5
52W Low
₹444
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Protean eGov Technologies Ltd insights
43 extracted metrics + investor summaries across FY19–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 41.9%
Weaknesses
3- The company has delivered a poor sales growth of 10.6% over past five years.
- Company has a low return on equity of 10.1% over last 3 years.
- Earnings include an other income of Rs.55.0 Cr.
Growth Rate
Revenue Growth
9.78% ↗
Net Income Growth
-1.20% ↗
Cash Flow Change
234.91% ↗
ROE
-11.89% ↗
ROCE
-17.00% ↗
EBITDA Margin (Avg.)
-36.70% ↗
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 220 | 236 | 204 | 222 | 197 | 220 | 202 | 222 | 211 | 251 | 229 | 308 | 251 |
| Expenses | 186 | 199 | 207 | 200 | 181 | 188 | 187 | 204 | 194 | 221 | 197 | 270 | 239 |
| Operating Profit | 34.1 | 36.49 | -3.08 | 21.93 | 15.11 | 31.63 | 15.78 | 17.89 | 16.41 | 29.33 | 31.79 | 37.99 | 12.42 |
| OPM % | 15.47% | 15.48% | -1.51% | 9.87% | 7.69% | 14.4% | 7.8% | 8.05% | 7.78% | 11.71% | 13.89% | 12.35% | 4.95% |
| Other Income | 12.75 | 12.68 | 29.14 | 13 | 19.26 | 13.57 | 18.81 | 16.54 | 28.52 | 14.6 | 10.47 | 14.56 | 15.4 |
| Interest | 0.22 | 0.41 | 0.52 | 0.52 | 0.5 | 0.49 | 0.26 | 1.09 | 1.52 | 1.51 | 1.57 | 2.08 | 2.65 |
| Depreciation | 4.91 | 5.48 | 6.19 | 10.9 | 6.77 | 7.14 | 5.81 | 8.1 | 11.04 | 10.38 | 11.27 | 14.06 | 17.53 |
| PBT | 41.72 | 43.28 | 19.35 | 23.51 | 27.1 | 37.57 | 28.52 | 25.24 | 32.37 | 32.04 | 29.42 | 36.41 | 7.64 |
| Tax % | 22.79% | 24.26% | 21.29% | 17.95% | 22.18% | 25.37% | 19.6% | 19.18% | 26.32% | 25.53% | 23.52% | 16.56% | 23.3% |
| Net Profit | 32.21 | 32.78 | 15.23 | 19.29 | 21.09 | 28.04 | 22.93 | 20.4 | 23.85 | 23.86 | 22.5 | 30.38 | 5.86 |
| EPS in Rs | 7.96 | 8.1 | 3.77 | 4.77 | 5.21 | 6.92 | 5.66 | 5.03 | 5.88 | 5.88 | 5.54 | 7.48 | 1.44 |
Profit & Loss
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 755 | 716 | 603 | 691 | 741 | 882 | 841 | 998 | 1,038 |
| Expenses | 578 | 568 | 518 | 567 | 623 | 792 | 760 | 882 | 926 |
| Operating Profit | 177 | 148 | 85 | 124 | 118 | 89 | 80 | 116 | 112 |
| OPM % | 23% | 21% | 14% | 18% | 16% | 10% | 10% | 12% | 11% |
| Other Income | 33 | 38 | 49 | 79 | 42 | 68 | 68 | 68 | 55 |
| Interest | 2 | 2 | 1 | 0 | 1 | 2 | 2 | 7 | 8 |
| Depreciation | 28 | 27 | 17 | 17 | 18 | 27 | 28 | 47 | 53 |
| PBT | 180 | 157 | 116 | 186 | 140 | 128 | 118 | 130 | 106 |
| Tax % | 32% | 23% | 20% | 22% | 24% | 24% | 22% | 23% | — |
| Net Profit | 124 | 121 | 92 | 144 | 107 | 97 | 92 | 101 | 83 |
| EPS in Rs | 30.9 | 30.31 | 22.99 | 35.75 | 26.47 | 24.05 | 22.8 | 24.77 | 20.34 |
| Div. Payout % | 0% | 0% | 0% | 126% | 38% | 42% | 44% | 40% | — |
Balance Sheet
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 40 | 40 | 40 | 40 | 40 | 40 | 41 | 41 |
| Reserves | 626 | 714 | 628 | 748 | 817 | 886 | 958 | 1,037 |
| Borrowings | 20 | 14 | 6 | 12 | 8 | 21 | 69 | 87 |
| Other Liabilities | 184 | 172 | 189 | 188 | 239 | 238 | 239 | 309 |
| Total Liabilities | 870 | 940 | 863 | 988 | 1,104 | 1,185 | 1,307 | 1,474 |
| Fixed Assets | 157 | 64 | 57 | 65 | 63 | 86 | 153 | 184 |
| CWIP | 5 | 5 | 1 | 4 | 11 | 13 | 11 | 2 |
| Investments | 373 | 406 | 285 | 364 | 529 | 550 | 661 | 638 |
| Other Assets | 335 | 465 | 519 | 555 | 501 | 536 | 482 | 650 |
| Total Assets | 870 | 940 | 863 | 988 | 1,104 | 1,185 | 1,307 | 1,474 |
Cash Flow
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating | 136 | 54 | 100 | 11 | -8 | 58 | 193 | 78 |
| Investing | -104 | -13 | 116 | -139 | 12 | 19 | -159 | -14 |
| Financing | -39 | -39 | -183 | -1 | -1 | -47 | -42 | -54 |
| Net Cash Flow | -7 | 2 | 32 | -129 | 2 | 29 | -8 | 10 |
| Free Cash Flow | 109 | 42 | 91 | 4 | -16 | 26 | 145 | 12 |
| CFO/OP | 110 | 70 | 156 | 18 | 0 | 104 | 271 | 82 |
Ratios
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 88 | 107 | 120 | 106 | 103 | 78 | 63 | 75 |
| Cash Conversion Cycle | 88 | 107 | 120 | 106 | 103 | 78 | 63 | 75 |
| Working Capital Days | 25 | 99 | 100 | 41 | 18 | 20 | -24 | 43 |
| ROCE % | — | 22% | 15% | 19% | 17% | 14% | 12% | 13% |
Documents
1
Non-Applicability Of Large Corporate Entity Disclosure
7 Apr - Protean confirms it is not a Large Corporate; initial and annual disclosures under SEBI circular are not applicable. 7 Apr - Protean confirms it is not a Large Corporate; initial and annual disclosures under SEBI circular are not applicable.
2
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Apr - Compliance Certificate for the quarter ended March 31, 2026 under Reg.74(5) of SEBI (DP) Regulations, 2018 6 Apr - Compliance Certificate for the quarter ended March 31, 2026 under Reg.74(5) of SEBI (DP) Regulations, 2018
3
Closure of Trading Window
23 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY ended March 31, 2026 results. 23 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY ended March 31, 2026 results.
4
Update On Order - In - Appeal Received From Commissioner (Appeals-II), CGST & CX, Mumbai
14 Mar - GST order: demand Rs6.28Cr, penalty Rs0.628Cr; appeal filed; no material impact envisaged. 14 Mar - GST order: demand Rs6.28Cr, penalty Rs0.628Cr; appeal filed; no material impact envisaged.
3
Unaudited Financial Results (Standalone & Consolidated) For The Quarter Ended June 30 2026 4 Aug 2026
Outcome
Frequently Asked Questions about Protean eGov Technologies Ltd
What does Protean eGov Technologies Ltd do?
Incorporated in December 1995, Protean eGov Technologies Limited is engaged in the business of developing citizen-centric and population-scale e-governance solutions.[1]
Where is Protean eGov Technologies Ltd (PROTEAN) listed?
Protean eGov Technologies Ltd is listed on the Indian stock exchanges. It is listed on NSE: PROTEAN and BSE: 544021. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Protean eGov Technologies Ltd belong to?
Protean eGov Technologies Ltd operates in the Information Technology sector within the IT Enabled Services industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Protean eGov Technologies Ltd?
Protean eGov Technologies Ltd has a market capitalisation of approximately ₹2327.74 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Protean eGov Technologies Ltd?
The Price-to-Earnings (PE) ratio of Protean eGov Technologies Ltd is 27.82. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Protean eGov Technologies Ltd?
Over the past 52 weeks, Protean eGov Technologies Ltd has traded between a low of ₹444 and a high of ₹945.5. This range helps investors understand the stock's price volatility and recent trading levels.
Does Protean eGov Technologies Ltd pay dividends?
Yes, Protean eGov Technologies Ltd has a dividend yield of 1.79%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Protean eGov Technologies Ltd?
Protean eGov Technologies Ltd has a Return on Equity (ROE) of 9.26%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Protean eGov Technologies Ltd on Tapetide?
On Tapetide, you can view Protean eGov Technologies Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in December 1995, Protean eGov Technologies Limited is engaged in the business of developing citizen-centric and population-scale e-governance solutions.[1]