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Latest news about Protean e-Gov Technologies

Protean eGov Technologies Reports 19% QoQ Revenue Growth, Wins ₹1,370 Crore UIDAI Contract 2 days ago

Protean e-Gov Technologies announced its Q2FY26 results, reporting a 14% YoY increase in consolidated revenue to ₹251.00 crore. Despite revenue growth, PAT decreased by 15% YoY to ₹24.00 crore. The company secured a ₹1,370.00 crore mandate from UIDAI for Aadhaar Seva Kendras. New businesses contributed 12% to H1FY26 revenue, up from 4% in FY25. The company maintains a debt-free balance sheet with over ₹800 crore in cash equivalents and marketable securities.

Protean eGov Technologies Reports 14% YoY Revenue Growth, Secures ₹1,370 Crore UIDAI Contract 2 days ago

Mukul Mahavir Agrawal Acquires 1.5% Stake in Protean eGov Amid 42% YTD Decline Oct 23, 2025

Gaurav Ramdev to Step Down as CGMO at Protean e-Gov Technologies Oct 23, 2025

Protean eGov Technologies CIO Dharmesh Parekh Steps Down Sep 26, 2025

More news about Protean e-Gov Technologies

28Aug 25

Protean eGov Technologies Secures Rs. 1,370 Crore Aadhaar Seva Kendra Contract

Protean e-Gov Technologies Limited has won a Rs. 1,370 crore contract from UIDAI to establish and operate Aadhaar Seva Kendras in 188 districts across India. The six-year project involves managing Aadhaar enrollment, biometric updates, and related services. Expected to generate Rs. 180-190 crores annually once fully scaled, the revenue contribution is projected to begin from Q3 FY2026. The project operates on a transaction-based revenue model, with pricing regulated by UIDAI.

25Aug 25

Protean eGov Technologies Secures INR 1160 Crore Contract from UIDAI for Aadhaar Service Centers

Protean eGov Technologies has received a work order worth INR 1160.00 crores from the Unique Identification Authority of India (UIDAI). The contract involves setting up and operating District Level Aadhaar Seva Kendras across 188 districts in India for six years. The project includes providing Aadhaar enrollment, update services, and other related facilities. This significant contract is expected to boost the company's order book and financial performance.

22Aug 25

Protean eGov Technologies Appoints Dr. Harpreet Singh Anand as Chief Human Resources Officer

Protean eGov Technologies has appointed Dr. Harpreet Singh Anand as Executive Vice President and Chief Human Resources Officer (CHRO), effective August 26, 2025. Dr. Anand brings over 20 years of HR leadership experience across various sectors, including previous roles at Kotak Life Insurance, Jio Tesseract, and India Post Payments Bank. He holds a B.Tech in Plastics & Polymers and an honorary doctorate in HR Management. In his new role, Dr. Anand will lead people strategy, performance management, talent acquisition, and digital HR transformation, focusing on aligning organizational priorities with employee expectations and implementing future-ready people practices.

12Aug 25

Protean eGov Technologies Reports 7% Revenue Growth and 31% EBITDA Jump in Q1

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.

06Aug 25

Protean eGov Technologies Reports Strong Q1 FY2026 Results, Approves INR 19 Crore Investment in Dubai Subsidiary

Protean eGov Technologies announced Q1 FY2026 results with 7.3% YoY revenue growth to INR 210.84 crore. EBITDA increased to INR 45.00 crore, and PAT rose 13.1% to INR 23.85 crore. The company maintains a strong balance sheet with over INR 800.00 crore in cash equivalents. Tax Services segment gained market share, while CRA Services grew 16% YoY. The Board approved an additional INR 19.00 crore investment in its Dubai subsidiary. Protean partnered with NITI Aayog for social security schemes and won a INR 100.00 crore contract from BSIF for an insurance digital infrastructure project.

04Aug 25

Protean eGov Technologies Appoints Sandeep Mantri as Chief Financial & Impact Officer

Protean eGov Technologies Limited has announced that Sandeep Mantri, currently serving as Chief Financial Officer, will take on the expanded role of Chief Financial & Impact Officer (CFIO) effective August 4, 2025. This change follows the retirement of Dipali Sheth from her position as Chief Human Resource & Impact Officer on August 1, 2025. In his new role, Mantri will oversee financial aspects, Corporate Social Responsibility (CSR), and Impact functions. Mantri, an alumnus of Berkeley-Haas and IIM Calcutta, brings 24 years of experience across various sectors and expertise in areas such as digital transformation, financial controls, corporate governance, and strategic planning.

10Jun 25

Protean eGov Technologies Secures Rs 100 Crore Contract for Bima Sugam Platform

Protean e-Gov Technologies has won a Rs 100 crore contract from Bima Sugam India Federation to develop and maintain the Bima Sugam digital marketplace platform for insurance products. The contract, signed on June 9, 2025, spans 72 months. This project aims to revolutionize insurance buying and selling in India, aligning with the country's digital transformation efforts in financial services.

09Jun 25

Protean eGov Technologies Secures ₹100 Crore Contract from Bima Sugam India Federation

Protean eGov Technologies Limited has won a ₹100 crore work order from Bima Sugam India Federation (BSIF) to develop and maintain the Bima Sugam Marketplace, a digital insurance platform. The contract, secured through a competitive RFP process, spans 72 months and includes comprehensive development, implementation, support, and maintenance of the platform.

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.