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Earnings Call

Protean eGov Technologies Earnings Call: Key Takeaways

Protean delivered record FY26 consolidated revenue of ₹998 crore with 18.7% YoY growth, driven by tax and pension services. However, margins were significantly supported by a one-time ₹44 crore storage charge recovery.

Highlights
Revenue growthRecord ₹998cr revenue in FY26, up 18.7% YoY.
MarginsEBITDA margin improved to 17.6%, aided by storage charge recovery.
Order bookCurrent order book exceeds ₹1500 crore.
Demand visibilityStrong visibility in tax, pension, and Adhaar service segments.
Management confidenceOptimistic about digital public infrastructure and international expansion.

Growth

FY26 revenue grew 18.7% and EBITDA 27% YoY. Quality is tempered by one-time storage charge income.

Outlook

Order book stands at ₹1500 crore. Target to go live with all 189 Adhaar centers by Oct FY27.

Risks

One-time storage gains inflate margins. Adhaar centers addition will increase employee costs and dampen short-term profitability.

Source

Earnings Call filed with BSE, NSE: PROTEAN. Summary written with AI assistance from the document.

Read the document ↗

Protean eGov Technologies Ltd: key numbers

Share price
₹690.70
Market cap
₹2,817 Cr
Revenue (annual)
₹997.8 Cr
Net profit (annual)
₹100.6 Cr
P/E (TTM)
34.1×Sector 22.1×
Promoter holding
0.00%+0.00% QoQ
FII holding
6.01%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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