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Protean eGov Technologies share price & results

Protean eGov Technologies Limited· Information Technology

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Operates India's PAN issuance, pension recordkeeping (CRA for NPS/APY/UPS), and Aadhaar identity infra.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue251 ₹ crore+19.0% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin5.0 %−2.8 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit5.9 ₹ crore−75.4% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity8.24 %+0.5 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin1.10 %−16.1 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)21.39 %+23.3 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

3 of 11 judged targets kept · 8 open · verdicts reflect calls analysed to Q1 FY27.

Protean eGov Technologies Limited management guidance track record on Inve: 19 targets tracked across analysed earnings calls (3 achieved, 8 missed, 8 open).

TargetOriginal wordingSaidLatest callVerdict
New Project Revenue Booking (Bima Sugam, CERSAI)start booking revenues... from Q2 and fully from Q3 onwards
Call transcript, Q1 FY26 · 7 Aug 2025		Q1 FY26Q1 FY27:Promise was achieved in prior quarters. New initiatives including CERSAI and Bima Sugam contributed 17% to Q1 FY27 revenue.
Call transcript, Q1 FY27 · 4 Aug 2026		Achieved
International Business Operating Marginsupwards of 20%
Call transcript, Q2 FY25 · 31 Oct 2024		Q2 FY25Q1 FY27:International business was discussed in the context of DPI-in-a-box and geopolitical impacts, but no specific margin numbers were provided.
Call transcript, Q1 FY27 · 4 Aug 2026		Ghosted
EBITDA Margin Expansionexpansion of 300 to 400 basis points... in next couple of years
Call transcript, Q3 FY26 · 12 Feb 2026		Q3 FY26Q1 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%.
Call transcript, Q1 FY27 · 4 Aug 2026		At Risk

Source: Inve Guidance Tracker for Protean eGov Technologies Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

8 of Protean eGov Technologies Limited's 19 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 16 more targets are in the full ledger.

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Price

₹604.35 −0.93% · −₹5.7

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −30.1% 1Y

₹500₹600₹700₹800₹900Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 22 Dec 2025Q3 FY26 — 12 Feb 2026Q4 FY26 — 21 May 2026Q1 FY27 — 4 Aug 2026

1Y: ₹864.95 on 24 Oct 2025 → ₹604.35. High ₹868.9 (12 Nov 2025), low ₹446.4 (30 Mar 2026).

Previous close
₹610.05
Market cap
₹2.5k Cr
52-week range
₹446.4 – ₹868.9
One year
−28.85%
Price to earnings (TTM to Jun 2026)
29.07×
Return on equity (TTM to Jun 2026)
8.24%

Overview

Symbol
NSE:PROTEAN
Exchange
NSE
Currency
INR

What Protean eGov Technologies Limited does

Based on the company's own presentations, annual report and earnings calls.

Protean eGov Technologies builds and operates government-mandated digital public infrastructure for India, earning fees as the principal service provider for PAN/TAN issuance and e-TDS filings, and as a licensed Central Recordkeeping Agency (CRA) for the National Pension System, Atal Pension Yojana and Unified Pension Scheme. It is the only entity authorised to provide all four foundational digital identity services — Aadhaar Authentication, e-KYC, e-Sign, and Online PAN Verification — serving banks, NBFCs, fintechs and government bodies. Beyond its legacy tax and pension businesses, it builds core infrastructure for Open Digital Ecosystems such as ONDC, and offers Made-in-India cloud, data-stack (Account Aggregator, CKYC) and infosec services to enterprise clients.

Segments

  • Tax Services
  • Central Recordkeeping Agency (CRA) Services
  • Identity Services
  • New Businesses
Geographic presence
28 states and 8 Union Territories of India
Active TIN & PAN service centres
4 Lakh+
Point-of-Presence (PoP) centres for pension services
90,000+
CRA subscriber base (NPS/APY/UPS)
9.4 crore+ subscribers
Data centres
2 disaster-resilient Tier-3 data centres (Pune and Bengaluru)
Digital identity market position
Sole provider of all four foundational identity services: Aadhaar Authentication, e-KYC, e-Sign and Online PAN Verification
Founded 1996Headquarters Mumbai, MaharashtraEmployees 711 (FY2024-25 (March 2025)) Company website

How the price took the results

close before → close after

Q1 FY27
−1.5%
4 Aug
Q4 FY26
+20.0%
21 May
Q3 FY26
+1.1%
12 Feb
Q2 FY26
+1.9%
22 Dec

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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