Protean e-Gov Technologies
744.90
+8.65(+1.17%)
Market Cap₹3,020.44 Cr
PE Ratio31.36
Company Performance:
1D+1.17%
1M-6.54%
6M-43.79%
1Y-49.32%
5Y-49.32%
View Company Insightsright
Latest news about Protean e-Gov Technologies
Protean eGov Technologies Reports 7% Revenue Growth and 31% EBITDA Jump in Q1 5 days ago
Protean e-Gov Technologies reported robust Q1 FY24 results with 7% YoY revenue growth to ₹211.00 crores, 31% EBITDA surge to ₹45.00 crores, and 13% PAT increase to ₹24.00 crores. The company maintains a strong market position in CRA services with 98% market share in new additions and 97% overall market share across NPS and APY. Tax services revenue grew by 2% YoY with increased market share. The company secured a ₹100.00 crore mandate from Bima Sugam India Federation and partnered with NITI Aayog for financial inclusion initiatives. With an order book exceeding ₹300.00 crores, Protean remains optimistic about future growth prospects in core and new business verticals.
Protean eGov Technologies Reports Strong Q1 FY2026 Results, Approves INR 19 Crore Investment in Dubai Subsidiary Aug 06, 2025
Protean eGov Technologies Appoints Sandeep Mantri as Chief Financial & Impact Officer Aug 04, 2025
Protean eGov Technologies Secures Rs 100 Crore Contract for Bima Sugam Platform Jun 10, 2025
Protean eGov Technologies Secures ₹100 Crore Contract from Bima Sugam India Federation Jun 09, 2025
More news about Protean e-Gov Technologies
22May 25
Protean eGov Technologies Reports Q4 Profit Decline, Faces Setback in PAN 2.0 Project Bid
Protean eGov Technologies reported a 9.80% increase in Q4 revenue to ₹222.00 crore, but net profit dropped by 11.00% to ₹20.40 crore. The company's bid for the Income Tax Department's PAN 2.0 project was rejected, leading to significant stock price declines. This setback raises questions about the company's competitive positioning in the government technology solutions space.
21May 25
Protean eGov Technologies Reports Q4 Profit Growth, Recommends Dividend
Protean eGov Technologies announced its Q4 financial results, showing a 5.8% increase in net profit to ₹204.00 million. Revenue remained stable at ₹2.22 billion. However, EBITDA declined by 18.4% to ₹178.90 million, with the EBITDA margin dropping to 8.05%. The company recommended a final dividend of ₹10.00 per equity share.
21May 25
Protean eGov Technologies Stock Plunges as MIT Sells Stake Ahead of Q4 Results
Protean eGov Technologies' stock has fallen nearly 30% in two days due to multiple factors. MIT sold a 0.99% stake at ₹1,026 per share. The company was excluded from bidding for the Income Tax Department's PAN 2.0 project, raising concerns about future growth. Q4 results are due today, with investors closely watching for insights into the company's financial health amidst these challenges.
19May 25
NSDL Tech Subsidiary Expects No Immediate Impact on PAN Business
An executive from Protean eGov Tech, a subsidiary of NSDL Technology, has stated that the company does not anticipate any immediate impact on its Permanent Account Number (PAN) business. This statement suggests stability in the company's PAN-related services operations, which is a crucial part of India's financial infrastructure.
19May 25
Protean eGov Technologies Shares Plummet 20% Following PAN 2.0 Project Bid Rejection
Protean eGov Technologies' stock dropped 19.99% on NSE, closing at ₹1,143.20, following its elimination from the Income Tax Department's PAN 2.0 project bidding. The company stated the exclusion would have a 'limited impact' on existing PAN processing services, but the market reacted sharply, hitting the lower circuit. This development raises questions about the company's future prospects in the e-governance sector.
Protean e-Gov Technologies
744.90
+8.65
(+1.17%)
1 Year Returns:-49.32%
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