ALFA Finder| Revenue growth | 19% YoY growth reported in Q1FY27. |
|---|---|
| Margins | Temporary dip to 10.4% EBITDA margin; normalized margin is 17.2%. |
| Order book | Implementing major mandates: CKYCRR 2.0, Bima Sugam, and Agri Stack. |
| Demand visibility | Steady growth in PAN issuance and record CRA corporate onboarding. |
| Management confidence | Confident in margin recovery as new investments reach steady-state. |
Growth
Revenue grew 19% YoY. Tax services (0% YoY), CRA (7% YoY), and Identity (16% YoY) were steady, while 'Others' surged 276% YoY.
Outlook
Management focuses on high-margin product expansion, AI monetization, and globalizing India Stack. ASK rollout completion by Q3FY27.
Risks
EBITDA margin contracted 833 bps YoY due to upfront deployment costs and geopolitical-driven technology hardware inflation.
Last quarter's promises, checked
Delivered
- Guided ASK rollout to 44 centers → delivered 102 centers (= BEAT)
- Guided new business revenue mix of 10% → delivered 17% (= BEAT)
- Guided 100% dividend payout (₹10/share) → delivered 100% payout (= BEAT)
Partly delivered
- Guided full ASK rollout by Oct 2026 → completion pushed to Q3FY27 (= PARTIAL)
Missed
- Guided EBITDA margin improvement vs 17.6% → delivered 10.4% (= MISS)
Investor Presentation filed with NSE, NSE: PROTEAN. Summary written with AI assistance from the document.
Protean eGov Technologies Ltd: key numbers
- Share price
- ₹730.15
- Market cap
- ₹2,977 Cr
- Revenue (annual)
- ₹997.8 Cr
- Net profit (annual)
- ₹100.6 Cr
- P/E (TTM)
- 39.6×Sector 23.6×
- Promoter holding
- 0.00%+0.00% QoQ
- FII holding
- 4.71%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Protean eGov Technologies Ltd
All →Protean eGov Technologies Capital Structure Change
Nippon India Mutual Fund bought 88,936 Protean eGov shares, lifting its stake from 4.94% to 5.16%. No transaction value is disclosed in the filing.
Protean eGov Technologies Earnings Call Transcript: Key Takeaways
Q2 revenue ₹271 Cr (+8%) but PAT fell to ₹16 Cr from ₹24 Cr; EBITDA flat at ₹43 Cr. Management leans on ₹24 Cr 'normalised' PAT and strategy narrative, with no margin guidance.
Protean eGov Technologies Results Update
Protean eGov reported Q2FY27 revenue of INR 271 crore, up 8% YoY, and PAT of INR 16 crore. The company stated it holds zero debt.
Protean eGov Technologies Investor Presentation: Key Takeaways
Q2FY27 revenue ₹271cr (+8% YoY), EBITDA ₹43cr (15.0% margin), PAT ₹16cr (-31% YoY) on RFP upfront investments; debt-free, ₹750cr cash.
Protean eGov Technologies Q2 FY27 Results: Net Profit ₹16.4 Cr, Down 31.4% YoY
Protean eGov approved unaudited standalone and consolidated results for the quarter and half year ended September 2026 on 5 November 2026. Standalone half-year revenue from operations was ₹520.91 Crore.
- Key figure
- Net profit ₹16.4 Cr · -31.4% YoY
Protean eGov Technologies Board Meeting Date
Protean eGov Technologies will hold a board meeting on 5 November 2026 to consider unaudited quarterly and half-year results. Trading window closed until 10 November 2026.