Why is Protean eGov Technologies Ltd ?
1
Poor long term growth as Operating profit has grown by an annual rate -19.41% of over the last 5 years
- PAT(Q) At Rs 5.86 cr has Fallen at -77.5% (vs previous 4Q average)
- PBDIT(Q) Lowest at Rs 12.42 cr.
- OPERATING PROFIT TO NET SALES (Q) Lowest at 4.95%
2
Below par performance in long term as well as near term
- Along with generating -26.78% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Computers - Software & Consulting)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Protean eGov for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Protean eGov
-26.78%
-0.58
45.99%
Sensex
-2.63%
-0.19
13.57%
Quality key factors
Factor
Value
Sales Growth (5y)
8.80%
EBIT Growth (5y)
-19.41%
EBIT to Interest (avg)
38.67
Debt to EBITDA (avg)
0.52
Net Debt to Equity (avg)
-0.22
Sales to Capital Employed (avg)
0.87
Tax Ratio
21.71%
Dividend Payout Ratio
43.86%
Pledged Shares
0
Institutional Holding
27.16%
ROCE (avg)
8.01%
ROE (avg)
9.47%
Valuation Key Factors 
Factor
Value
P/E Ratio
27
Industry P/E
21
Price to Book Value
2.14
EV to EBIT
35.43
EV to EBITDA
18.52
EV to Capital Employed
2.46
EV to Sales
1.99
PEG Ratio
NA
Dividend Yield
1.76%
ROCE (Latest)
8.19%
ROE (Latest)
9.68%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
4What is working for the Company
NET SALES(Latest six months)
At Rs 558.50 cr has Grown at 28.99%
-14What is not working for the Company
PAT(Q)
At Rs 5.86 cr has Fallen at -77.5% (vs previous 4Q average
PBDIT(Q)
Lowest at Rs 12.42 cr.
OPERATING PROFIT TO NET SALES (Q)
Lowest at 4.95%
PBT LESS OI(Q)
Lowest at Rs -7.76 cr.
NON-OPERATING INCOME(Q)
is 201.57 % of Profit Before Tax (PBT
EPS(Q)
Lowest at Rs 1.44
Loading Valuation Snapshot...
Here's what is working for Protean eGov
Net Sales - Latest six months
At Rs 558.50 cr has Grown at 28.99%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Here's what is not working for Protean eGov
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs -7.76 cr has Fallen at -150.0% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 15.52 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 5.86 cr has Fallen at -77.5% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 26.06 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Lowest at Rs 12.42 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Lowest at 4.95%
in the last five quartersMOJO Watch
Company's efficiency has deteriorated
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs -7.76 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Non Operating Income - Quarterly
is 201.57 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Earnings per Share (EPS) - Quarterly
Lowest at Rs 1.44
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)






