Protean eGov Technologies has fixed Friday, August 28, 2026, as the record date for shareholders to receive the final dividend for the financial year ended March 31, 2026. The company announced the date in a filing with stock exchanges on August 14, 2026, confirming that equity holders on record as of the specified date will be eligible for the payout.

The Board of Directors had previously recommended a final dividend of ₹10 per equity share during its meeting held on May 20, 2026. This recommendation corresponds to a dividend rate of 100% on the face value of ₹10 per share. The proposal is pending formal approval by shareholders at the company’s upcoming Annual General Meeting (AGM).

Dividend Details

Regulatory Compliance

The intimation regarding the record date was issued pursuant to Regulation 42 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Maulesh Kantharia, Company Secretary & Compliance Officer, signed the disclosure.

Protean eGov Technologies is listed on both the BSE Limited and the National Stock Exchange of India Limited. The record date determines which shareholders are entitled to receive the declared dividend, with payments typically following shortly after this date once the AGM approves the distribution.

Protean e-Gov Technologies Limited reported a standalone net profit of ₹5.98 crore for the quarter ended June 30, 2026, marking a sharp 77% decline from ₹26.50 crore in Q1FY26. The contraction in profitability stems from a combination of higher system implementation costs and a significant drop in other income, which weighed on margins despite a 19% year-on-year rise in revenue from operations. On a consolidated basis, net profit stood at ₹5.90 crore compared to ₹23.85 crore in the same period last year, while EBITDA narrowed to ₹12.70 crore from ₹16.40 crore, with the EBITDA margin compressing to 5.10% from 7.78% year-on-year. This performance highlights the pressure on operating efficiency as the company navigates increased project delivery expenses.

The Board of Directors approved the unaudited financial results during its meeting held on August 4, 2026, in compliance with Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the Board appointed M/s. T R Chadha & Co. LLP (TRC) as the Statutory Auditor for a term of five years, commencing from FY2026-27. The outgoing auditors, B S R & Associates LLP, will continue until the conclusion of the 31st Annual General Meeting in 2026.

Financial Performance Overview

Revenue from operations grew to ₹250.45 crore in Q1FY27, up from ₹209.98 crore in the corresponding period of the previous year. However, total expenses rose disproportionately to ₹258.31 crore from ₹203.57 crore, compressing the profit before tax to ₹7.76 crore from ₹35.02 crore. The following table summarises the key financial metrics for the quarter:

EBITDA and Margin Performance

The consolidated EBITDA for the quarter stood at ₹12.70 crore, down from ₹16.40 crore in Q1FY26, reflecting the impact of rising operational costs on core earnings. The EBITDA margin contracted sharply to 5.10% from 7.78% in the year-ago period, underscoring the pressure on profitability at the operating level. The key EBITDA metrics are presented below:

What the Numbers Show

The divergence between revenue growth and expense inflation reveals a margin squeeze driven primarily by operational cost structures. System implementation, support, and maintenance expenses surged to ₹67.38 crore from ₹38.11 crore in Q1FY26, more than doubling year-on-year. This category includes equipment and software license costs incurred for delivering project services, suggesting a shift towards capital-intensive project deliveries or delayed cost recognition from prior periods.

Furthermore, other income fell sharply to ₹15.62 crore from ₹28.61 crore in Q1FY26. The prior year's figure included a ₹5.76 crore write-back of provisions for employee benefits, creating a high base effect. Excluding this one-time gain, the core operational profitability remains under pressure due to the disproportionate rise in direct project costs relative to revenue generation.

Auditor Appointment Details

T R Chadha & Co. LLP, an 80-year-old firm with offices across India and Abu Dhabi, will hold office from the conclusion of the 31st AGM in 2026 until the 36th AGM in 2031. The appointment follows the recommendation of the Audit Committee and is subject to shareholder approval. B S R & Associates LLP issued an unqualified limited review report on the unaudited financial results, confirming compliance with Ind AS 34 and SEBI Listing Regulations.