Protean eGov Technologies has scheduled its 31st Annual General Meeting for September 22, 2026. The company will conduct the meeting via video conferencing or other audio-visual means.

The Board of Directors has recommended a final dividend of ₹10 per equity share for the financial year ended March 31, 2026. This recommendation is subject to shareholder approval at the upcoming meeting. The record date for determining dividend eligibility is fixed as August 28, 2026.

Meeting Details

The AGM will be held at 3:00 pm on September 22, 2026. In compliance with Ministry of Corporate Affairs circulars and SEBI Listing Regulations, the meeting will not involve physical presence at a common venue. Members can participate and vote exclusively through the VC/OAVM facility.

Dividend Payout

If approved, the final dividend will be paid within 30 days of the AGM date. The payout is subject to deduction of tax at source for eligible members. Shareholders are advised to opt for the Electronic Clearing System mode to ensure timely receipt. Those holding shares in demat form must update their bank details with depository participants, while physical shareholders should submit Form ISR-1 to the Registrar and Transfer Agent, MUFG Intime India Private Limited.

Corporate Governance

The Notice of AGM along with the Integrated Annual Report for FY25-26 has been sent electronically to members with registered email IDs. The documents are also available on the company website, stock exchange portals, and the NSDL e-voting platform. Remote e-voting facilities are provided through NSDL for all resolutions set out in the notice.

Protean E-Gov Technologies has secured a confirmed work order worth ₹5.99 crore from the Government of Arunachal Pradesh. The contract covers the design, development, implementation, and maintenance of the Arun Parivar Patra (APP) State Family Registry Platform. The execution timeline is set at 48 months, with revenue recognition to commence as per project milestones.

Order in financial context

The ₹5.99 crore order represents approximately 2.18% of the company's average quarterly revenue of ₹274.42 crore. No orders were disclosed in the last three fiscal quarters, making this the sole disclosed order in the current period. The order book coverage stands at 0.00 quarters of average quarterly revenue, providing limited visibility into near-term revenue acceleration relative to the company's annual run-rate of nearly ₹1,100 crore.

Quarterly financial performance

Protean E-Gov Technologies' recent quarterly results reflect margin compression. Revenue in Q1FY27 stood at ₹266.40 crore, while net profit fell sharply to ₹5.90 crore from ₹30.40 crore in Q4FY26. Operating profit margin (OPM) contracted to 4.95% from 12.11% in the prior quarter.

Annual revenue growth

Protean E-Gov Technologies' annual revenue has grown from ₹770.20 crore in FY22 to ₹997.75 crore in FY26, reflecting YoY growth of 9.8% based on the latest annual data. Net profit, however, declined 1.2% in FY26 compared to FY25, highlighting a divergence between topline growth and bottom-line retention.

Balance sheet and execution capacity

The company's balance sheet remains robust, with a current ratio of 2.00x indicating strong short-term liquidity. Total liabilities to equity stands at a conservative 0.37x, reflecting low leverage. Operating cashflow was positive at ₹192.70 crore in FY25, demonstrating efficient cash conversion. This financial position provides capacity to execute new contracts without straining working capital.

Key observations

• Order size: The ₹5.99 crore contract is consistent with smaller state-level digital governance projects, forming part of the company's diversified portfolio alongside larger central government initiatives.
• Margin stress: Net profit dropped to ₹5.90 crore in Q1FY27 from ₹30.40 crore in Q4FY26, signaling potential execution or cost pressures.
• Valuation (as of August 17, 2026): P/E of 27.1x against ROCE of 11.18%. Valuation was pricing in execution improvement not yet visible in return ratios. (P/E is price-derived and will change; ROCE is from audited financials.)
• Order book coverage: Stands at 0.00 quarters based on the last three fiscal quarters' disclosures, indicating limited near-term pipeline visibility in recent filings.
• Revenue recognition: The APP platform contract spans 48 months; the pace of revenue booking over this timeline will determine its contribution to quarterly results.