Protean eGov

Why is Protean eGov Technologies Ltd falling/rising?

As of 07-Aug, Protean eGov Technologies Ltd's stock price is rising to 566.05, up 1.36%, following a trend reversal after three days of decline. However, it has a year-to-date decline of 25.05% and faces long-term challenges despite positive indicators like being net-debt free and increased investor participation.

As of 07-Aug, Protean eGov Technologies Ltd is experiencing a rise in its stock price, currently at 566.05, reflecting an increase of 7.6 points or 1.36%. This upward movement follows a trend reversal after three consecutive days of decline. The stock reached an intraday high of Rs 574.1, marking a 2.8% increase during the day.<BR><BR>Despite this positive movement, the stock has shown poor performance over longer periods, with a year-to-date decline of 25.05% and a one-year drop of 26.78%. The company has faced challenges, including a significant fall in profits, with a reported PAT of Rs 5.86 crore, down 77.5% compared to the previous four-quarter average. Additionally, the operating profit has decreased at an annual rate of 19.41% over the last five years.<BR><BR>However, there are some positive indicators contributing to the current rise. The stock is net-debt free and has a fair valuation with a return on equity (ROE) of 9.7 and a price-to-book value of 2.1, suggesting it is trading at a discount compared to its peers. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 9.74% against the five-day average.<BR><BR>In summary, while Protean eGov Technologies Ltd is currently rising in price, this is juxtaposed against a backdrop of significant long-term challenges and underperformance in the market.

Which are the latest news on Protean eGov?

Should I buy, sell or hold Protean eGov Technologies Ltd?

Are Protean eGov Technologies Ltd latest results good or bad?

Protean eGov Technologies Ltd's latest results are concerning, showing a 75.43% year-on-year decline in net profit to ₹5.86 crores and a significant drop in operating margin to 4.95%, indicating severe operational challenges and unprofitability in core operations.

The latest results for Protean eGov Technologies Ltd are concerning and can be classified as bad. In Q1 FY27, the company reported a net profit of ₹5.86 crores, which represents a dramatic decline of 75.43% year-on-year and an even steeper drop of 80.71% compared to the previous quarter. This significant profit erosion is alarming and indicates severe operational challenges.<BR><BR>While revenue did increase by 19.03% year-on-year to ₹250.96 crores, it also experienced a notable sequential decline of 18.40% from the previous quarter. This volatility raises concerns about the sustainability of revenue growth. Furthermore, the operating margin fell to just 4.95%, the lowest in recent quarters, down from 7.78% a year ago, highlighting issues with cost management and operational efficiency.<BR><BR>The company's profitability metrics are troubling, with the profit before tax (excluding other income) turning negative at ₹-7.76 crores, indicating that core operations are currently unprofitable. Additionally, the reliance on other income to maintain profitability is concerning, as it constituted over 200% of the profit before tax.<BR><BR>Overall, the results reflect a company struggling with fundamental challenges, including severe margin compression and operational inefficiencies, which warrant caution for investors.

When is the next results date for Protean eGov Technologies Ltd?

The next results date for Protean eGov Technologies Ltd is 04 August 2026.

The next results date for Protean eGov Technologies Ltd is scheduled for 04 August 2026.

What does Protean eGov do?

Protean eGov Technologies Ltd, a small-cap company in the software and consulting industry, focuses on e-governance solutions. As of March 2026, it reported net sales of ₹308 Cr and a net profit of ₹30 Cr, with a market cap of ₹2,483 Cr.

Overview:<BR>Protean eGov Technologies Ltd operates in the Computers - Software & Consulting industry and is categorized as a Small Cap company.<BR><BR>History:<BR>The company was originally incorporated as National Securities Depository Limited in 1995. It underwent several name changes, becoming NSDL e-Governance Infrastructure Limited in 2012 and finally Protean eGov Technologies Limited in 2021. The latest reported quarterly results for net sales and net profit are for March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 308 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 30 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 2,483 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 23.00<BR>- Industry P/E: 20<BR>- Dividend Yield: 1.64%<BR>- Debt Equity: -0.22<BR>- Return on Equity: 9.68%<BR>- Price to Book: 2.30<BR><BR>Contact Details:<BR>No Company Details Available. Address, phone, email, and website are not provided.

How big is Protean eGov?

As of 10th June, Protean eGov Technologies Ltd has a market capitalization of 2,483.00 Cr and reported net sales of 997.75 Cr and net profit of 100.59 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Protean eGov Technologies Ltd has a market capitalization of 2,483.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 997.75 Cr, while the sum of Net Profit for the same period is 100.59 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds stand at 998.78 Cr, and Total Assets are valued at 1,292.84 Cr.

Who are in the management team of Protean eGov?

The management team of Protean eGov includes Suresh Kumar Sethi (Managing Director & CEO), Jayesh Waman Sule (Whole Time Director & COO), and several Non-Executive and Independent Directors, along with Maulesh Jagatkumar Kantharia as Company Secretary & Compliance Officer, bringing diverse expertise to the company.

The management team of Protean eGov includes the following key members:<BR><BR>1. **Suresh Kumar Sethi** - Managing Director & CEO<BR>2. **Jayesh Waman Sule** - Whole Time Director & COO<BR>3. **Karan Bhagat** - Non Executive Director<BR>4. **Mukesh Agarwal** - Non Executive Director<BR>5. **Shailesh V Haribhakti** - Non Executive Director<BR>6. **Abhaya Prasad Hota** - Independent Director<BR>7. **Lloyd Mathias** - Independent Director<BR>8. **Shailesh Kekre** - Independent Director<BR>9. **Preeti Mehta** - Independent Director<BR>10. **Aruna Krishnamurthy Rao** - Independent Director<BR>11. **Maulesh Jagatkumar Kantharia** - Company Secretary & Compliance Officer<BR><BR>This team brings a diverse range of expertise and leadership to the company.

Who are the peers of the Protean eGov?

Peers of Protean eGov include Network People, Sasken Technologies, 63 Moons Tech, R Systems International, Zaggle Prepaid, Silver Touch, BLS E-Services, Ceinsys Tech, Saksoft, and Hypersoft Tech. Protean eGov has average management and growth risks, with a 1-year return of -39.35%, better than Zaggle Prepaid but worse than most peers.

Peers: The peers of Protean eGov are Network People, Sasken Technol., 63 Moons Tech., R Systems Intl., Zaggle Prepaid, Silver Touch, BLS E-Services, Ceinsys Tech, Saksoft, and Hypersoft Tech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Network People and R Systems Intl., while Average management risk is found at Sasken Technol., 63 Moons Tech., Silver Touch, BLS E-Services, Ceinsys Tech, Saksoft, and Protean eGov, and Below Average management risk is noted at Zaggle Prepaid and Hypersoft Tech. Growth is Excellent for Network People, Zaggle Prepaid, Silver Touch, BLS E-Services, and Ceinsys Tech, while Average growth is seen at R Systems Intl. and Saksoft, and Below Average growth is noted at Sasken Technol., 63 Moons Tech., and Protean eGov. Excellent capital structure is exhibited by Network People, Sasken Technol., R Systems Intl., Zaggle Prepaid, Protean eGov, Silver Touch, BLS E-Services, Ceinsys Tech, Saksoft, and Hypersoft Tech, while Below Average capital structure is found at 63 Moons Tech.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Hypersoft Tech. at 865.53%, while the lowest is Zaggle Prepaid at -56.73%. Protean eGov's 1-year return of -39.35% is better than Zaggle Prepaid's but worse than most peers. Additionally, the six-month return is negative for R Systems Intl., Zaggle Prepaid, and Ceinsys Tech.

Is Protean eGov overvalued or undervalued?

As of November 10, 2025, Protean eGov is considered overvalued with a valuation grade of expensive, reflected by a PE ratio of 37.47 and poor stock performance, contrasting sharply with its peers TCS and Infosys, which are rated attractive and fairly valued, respectively.

As of 10 November 2025, the valuation grade for Protean eGov has moved from very expensive to expensive, indicating a shift in perceived value. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 37.47, an EV to EBITDA of 18.14, and a PEG ratio of 4.44, which suggest that the stock is priced significantly higher than its earnings growth potential.<BR><BR>In comparison to its peers, TCS is rated attractive with a PE of 21.77 and EV to EBITDA of 8.55, while Infosys is fairly valued with a PE of 22.37. This stark difference highlights the premium at which Protean eGov is trading relative to more established competitors. Additionally, the company's recent stock performance has been poor, with a year-to-date return of -56.6%, contrasting sharply with the Sensex's gain of 6.91% in the same period, further reinforcing the notion that Protean eGov is overvalued.

Is Protean eGov technically bullish or bearish?

As of November 7, 2025, the market trend is mildly bearish, influenced by daily moving averages and a significant year-to-date decline of 56.39%, despite some bullish signals from weekly MACD and OBV indicators.

As of 7 November 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum. The weekly MACD and KST are mildly bullish, but this is offset by the monthly Bollinger Bands showing a bearish trend. The RSI signals are neutral, and while the OBV is bullish on both weekly and monthly time frames, the overall sentiment remains cautious due to the recent price action and significant year-to-date decline of 56.39%.

How has been the historical performance of Protean eGov?

Protean eGov's historical performance shows fluctuating financial metrics, with net sales and profits declining in Mar'25 compared to Mar'24, while total assets and cash flow from operations improved. Despite decreased profitability, the company maintains a stable financial position.

Answer:<BR>The historical performance of Protean eGov shows a fluctuating trend in key financial metrics over the past four years.<BR><BR>Breakdown:<BR>Protean eGov's net sales decreased from 882.04 Cr in Mar'24 to 840.70 Cr in Mar'25, following an upward trend from 690.91 Cr in Mar'22 and 742.20 Cr in Mar'23. Total operating income mirrored this trend, with a decline to 840.70 Cr in Mar'25 from 882.04 Cr in Mar'24. The total expenditure, excluding depreciation, also saw a decrease to 760.29 Cr in Mar'25 from 792.60 Cr in Mar'24. Operating profit (PBDIT) fell to 148.59 Cr in Mar'25 from 157.01 Cr in Mar'24, while profit before tax decreased to 118.43 Cr from 127.86 Cr in the same period. Profit after tax followed suit, declining to 92.46 Cr in Mar'25 from 97.29 Cr in Mar'24. The earnings per share (EPS) also dropped to 22.8 from 24.05. On the balance sheet, total assets increased to 1,292.84 Cr in Mar'25 from 1,163.76 Cr in Mar'24, while total liabilities rose to 1,292.84 Cr from 1,163.76 Cr, indicating a stable financial position despite the declines in profitability. Cash flow from operating activities improved significantly to 192.00 Cr in Mar'25 from 57.00 Cr in Mar'24, although net cash outflow was recorded at -8.00 Cr in Mar'25 compared to a net inflow of 28.00 Cr in Mar'24. Overall, Protean eGov's performance reflects a complex interplay of declining revenues and profits alongside growth in total assets and cash flow from operations.

Who are the top shareholders of the Protean eGov?

The top shareholders of Protean eGov include individual investors at 47.37%, Foreign Institutional Investors at 10.91%, and mutual funds with 6.29%. The largest public shareholder is the Administrator of the Specified Undertaking of the Unit Trust of India, holding 5.14%.

The top shareholders of Protean eGov include a mix of individual and institutional investors. Notably, individual investors hold a significant portion at 47.37%. In terms of institutional holdings, mutual funds are represented by 7 schemes, accounting for 6.29% of the shares. Foreign Institutional Investors (FIIs) hold 10.91% through 59 different entities. The highest public shareholder is the Administrator of the Specified Undertaking of the Unit Trust of India, specifically for the Unit Scheme 1964, which holds 5.14%. There are no pledged promoter holdings, and there is no single promoter with the highest holding.

Has Protean eGov declared dividend?

Yes, Protean eGov Technologies Ltd has declared a 100% dividend, amounting to ₹10 per share, with an ex-date of September 6, 2024. However, the company has experienced significant negative returns in the short term, with total returns of -46.44% over six months and -9.14% over one year.

Protean eGov Technologies Ltd has declared a 100% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 100%<BR>- Amount per share: 10<BR>- Ex-date: 06 Sep 24<BR><BR>Dividend Yield: 1.05%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -46.44%, with a dividend return of 0%, resulting in a total return of -46.44%.<BR><BR>For the 1-year period, the price return was -10.0%, the dividend return was 0.86%, leading to a total return of -9.14%.<BR><BR>Over the 2-year period, there was no price return or dividend return, resulting in a total return of 0.0%.<BR><BR>In the 3-year period, the price return remained at 0%, with no dividend return, resulting in a total return of 0.0%.<BR><BR>For the 4-year period, there was again no price return or dividend return, leading to a total return of 0.0%.<BR><BR>In the 5-year period, the price return was 0%, and there was no dividend return, resulting in a total return of 0.0%.<BR><BR>Overall, while Protean eGov has declared a dividend, the total returns over various periods indicate significant negative performance in the short term, with no positive returns in the longer term.