PROTEAN

What Protean eGov Technologies promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 19 tracked 3 delivered 8 missed 8 open
  • New Project Revenue Booking (Bima Sugam, CERSAI) delivered said Q1 FY26 Promised: start booking revenues... from Q2 and fully from Q3 onwards Q1 FY27: Promise was achieved in prior quarters. New initiatives including CERSAI and Bima Sugam contributed 17% to Q1 FY27 revenue.
  • International Business Operating Margins went quiet said Q2 FY25 Promised: upwards of 20% Q1 FY27: International business was discussed in the context of DPI-in-a-box and geopolitical impacts, but no specific margin numbers were provided.
  • EBITDA Margin Expansion at risk said Q3 FY26 Promised: expansion of 300 to 400 basis points... in next couple of years Q1 FY27: Reported EBITDA margin fell to 10% (normalized 17.2%) due to upfront investments. This is a setback against the long-term goal of 300-400 bps expansion over the Q3 FY26 base of 19%.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 19 tracked commitments for Protean eGov Technologies — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens