Protean eGov

Which are the latest news on Protean eGov?

Why is Protean eGov Technologies Ltd falling/rising?

As of 05-Sep, Protean eGov Technologies Ltd's stock price is rising to 497.35 after a trend reversal, but it has significant long-term challenges with a year-to-date drop of 34.15% and a one-year decline of 44.65%. Despite recent interest and being net-debt free, the stock remains below its moving averages.

As of 05-Sep, Protean eGov Technologies Ltd's stock price is rising, currently at 497.35, with a change of 2.1 (0.42%) upward. This increase comes after a trend reversal, as the stock has gained following seven consecutive days of decline. Additionally, the stock has outperformed its sector by 1.32% today, indicating a positive shift in performance.<BR><BR>Despite this recent uptick, the stock has shown significant declines over longer periods, with a year-to-date drop of 34.15% and a one-year decline of 44.65%. The company's profits have also fallen by 9.4% over the past year, contributing to its overall negative performance. However, the stock is currently trading at a discount compared to its peers, and it is net-debt free, which may attract some investor interest.<BR><BR>Investor participation has increased, as evidenced by a 7.48% rise in delivery volume compared to the five-day average, suggesting a growing interest in the stock. Nonetheless, the stock remains below its moving averages across various time frames, indicating ongoing challenges.<BR><BR>In summary, while Protean eGov Technologies Ltd is experiencing a short-term rise in stock price, it faces significant long-term challenges, including poor growth in operating profit and substantial declines in returns over the past year.

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 the Company Secretary, Maulesh Jagatkumar Kantharia. This team is responsible for guiding the company's strategy and operations.

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 plays a crucial role in guiding the company's strategy and operations.

What does Protean eGov do?

Protean eGov Technologies Ltd is a small-cap company in the software and consulting industry, specializing in e-governance solutions. As of June 2026, it reported net sales of ₹251 Cr and a net profit of ₹6 Cr, with a market cap of ₹2,144 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 a name change to NSDL e-Governance Infrastructure Limited in 2012 and was renamed Protean eGov Technologies Limited in 2021. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 251 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 6 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 2,144 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 25.00 <BR>Industry P/E: 22 <BR>Dividend Yield: 3.70% <BR>Debt Equity: -0.22 <BR>Return on Equity: 9.68% <BR>Price to Book: 2.03 <BR><BR>Contact Details:<BR>No Company Details Available <BR>Registrar Address: Not available.

Who are the peers of the Protean eGov?

Peers of Protean eGov include BLS E-Services, R Systems Intl., Sasken Technol., and others. Protean eGov has below-average growth and a 1-year return of -39.94%, better than R Systems Intl. but worse than Silver Touch, which leads with a 1-year return of 151.50%.

Peers: The peers of Protean eGov are BLS E-Services, R Systems Intl., Sasken Technol., Zaggle Prepaid, GHV Infra, Silver Touch, Saksoft, Hypersoft Tech., Accelya Solution, and Kody Technolab.<BR><BR>Quality Snapshot: Excellent management risk is observed at R Systems Intl., while Average management risk is found at BLS E-Services, Sasken Technol., GHV Infra, Silver Touch, Saksoft, and Accelya Solution, and the rest. Below Average management risk is noted at Zaggle Prepaid and Hypersoft Tech. Growth is Excellent for BLS E-Services, Zaggle Prepaid, GHV Infra, Silver Touch, and Kody Technolab, while Average growth is seen at Saksoft, and Below Average growth is found at Sasken Technol. and Protean eGov, with the rest showing Good growth. Capital Structure is Excellent for BLS E-Services, R Systems Intl., Sasken Technol., Zaggle Prepaid, Silver Touch, Protean eGov, Saksoft, Hypersoft Tech., Accelya Solution, and Kody Technolab, while Good is noted for GHV Infra.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Silver Touch at 151.50%, while R Systems Intl. has the lowest at -46.82%. Protean eGov's 1-year return of -39.94% is better than R Systems Intl. but worse than Silver Touch. Additionally, GHV Infra, Zaggle Prepaid, and Accelya Solution have negative six-month returns.

How big is Protean eGov?

As of 31st August, Protean eGov Technologies Ltd has a market capitalization of 2,144.00 Cr, with recent Net Sales of 1,037.87 Cr and a Net Profit of 82.60 Cr.

As of 31st August, Protean eGov Technologies Ltd has a market capitalization of 2,144.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 1,037.87 Cr and a Net Profit of 82.60 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 998.78 Cr and Total Assets of 1,292.84 Cr.

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.

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.