Protean eGov Technologies Ltd (PROTEAN) — shareholding pattern, promoter holding, financials and share price
About Protean eGov Technologies Ltd (PROTEAN)
Protean eGov Technologies Ltd operates in the IT Enabled Services industry, within the Information Technology sector. It trades on the NSE as PROTEAN and on the BSE under scrip code 544021. Its ISIN is INE004A01022.
Incorporated in December 1995, Protean eGov Technologies Limited is engaged in the business of developing citizen-centric and population-scale e-governance solutions. [1]
Protean eGov Technologies Limited builds and operates Digital Public Infrastructure (DPI) and citizen‑centric e‑governance platforms, specialising in tax services (PAN/TIN), Central Recordkeeping Agency (NPS/APY/UPS), digital identity (e‑KYC, Aadhaar Auth, e‑Sign, OPV) and complementary cloud and infosec products enabling government and large enterprise deployments at population scale.
Protean reported Q3FY26 revenue from operations of INR 229 crore, a 13% YoY increase, EBITDA of INR 46 crore (19.0% margin) and adjusted PAT of INR 26 crore, while maintaining an asset‑light, debt‑free balance sheet with approximately INR 800 crore cash and marketable securities providing strong financial optionality.
Listed peers in IT Enabled Services: R Systems International Ltd, Zaggle Prepaid Ocean Services Ltd, BLS E-Services Ltd, Brightcom Group Ltd, Kody Technolab Ltd, Dynacons Systems & Solutions Ltd.
Valuation & Returns
10 Jul 2026At ₹589.6 a share on 10 Jul 2026, Protean eGov Technologies Ltd (PROTEAN) was valued at a price-to-earnings ratio of 23.81x against an industry P/E of 30.35x and a price-to-book of 2.4x on a book value of ₹245.88 per share as of Mar 2025. Solomo computes return on equity of 10.07% and return on capital employed of 12.83% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 23.81x
- Industry P/E
- 30.35x
- P/B
- 2.4x
- EPS (TTM)
- ₹24.76
- Book value / share
- ₹245.88
- ROE
- 10.07%
- ROCE
- 12.83%
- ROA
- 7.7%
- Debt / equity
- 0.07x
- Dividend yield
- 1.7%
- EBITDA margin
- 18.41%
- 52-week range
- ₹445 – ₹945
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Protean eGov Technologies Ltd (PROTEAN) reported revenue of ₹998 crore, net profit of ₹101 crore and earnings per share of ₹24.77. That compares with revenue of ₹841 crore and net profit of ₹92 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹308 crore and net profit ₹30 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 691 | 741 | 882 | 841 | 998 |
| Net profit (₹ cr) | 144 | 107 | 97 | 92 | 101 |
| EPS (₹) | 35.75 | 26.47 | 24.05 | 22.8 | 24.77 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 3.23% | 6.71% | -4.69% |
| Profit growth | -4.92% | -13.16% | -4.96% |
| Stock price CAGR | - | - | -28% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 0% of Protean eGov Technologies Ltd (PROTEAN) (unchanged from the previous quarter), foreign institutional investors (FII) hold 6.01% and domestic institutional investors (DII) hold 21.15%. Market capitalisation was ₹2,395 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2023.
Largest disclosed public shareholders in Jun 2026: Administrator Of The Specified Undertaking Ofthe Unit Trust Of India-Unit Scheme 1964 5.13%, State Bank Of India 4.92%, LLP 3.24%, HUF 3.22%, Axis Bank Limited 3.17%, Foreign Bank 3.08%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 0% | - | 6.01% | 21.15% | 100% |
| Mar 2026 | 0% | - | 8.61% | 21.25% | 100% |
| Dec 2025 | 0% | - | 7.54% | 21.46% | 100% |
| Sep 2025 | 0% | - | 7.77% | 21.68% | 100% |
| Jun 2025 | 0% | - | 8.79% | 24.74% | 100% |
| Mar 2025 | 0% | - | 10.91% | 27.79% | 100% |
| Dec 2024 | 0% | - | 9.91% | 30.09% | 100% |
| Sep 2024 | 0% | - | 6.71% | 28.86% | 100% |