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Protean eGov Technologies Limited (PROTEAN) Stock Price & Analysis
PROTEAN Stock Chart & Stats
- Day’s Range
- INR 607.15 - INR 640.95
- 52-Week Range
- INR 445.00 - INR 879.35
- Previous Close
- INR 629.75
- Volume
- N/A
- Average Volume (3M)
- 110.06K
- Market Cap
- INR 25.68B
- Enterprise Value
- INR 15.81B
- Total Cash (Recent Filing)
- INR 2.17B
- Total Debt (Recent Filing)
- INR 670.10M
- Price to Earnings (P/E)
- 29.9
- Beta
- 1.19
- Next Earnings
- Nov 05, 2026 (Est.)
- EPS Estimate
- N/A
- Last Dividend Ex-Date
- Aug 28, 2026
- Dividend Yield
- 1.64%
Bulls Say, Bears Say
Bulls Say
Revenue Growth
Revenue expansion demonstrates continued demand for Protean’s technology-enabled platforms and services. Sustained top-line growth can strengthen the company’s operating footprint, support ongoing investment in digital infrastructure, and provide a durable base for future earnings if profitability stabilizes.
Low Leverage
Very low leverage gives Protean substantial financial flexibility and reduces exposure to interest costs or refinancing pressure. A conservative balance sheet can help the company fund platform investment, withstand earnings volatility, and preserve strategic options across government and regulated-ecosystem opportunities.
Positive Free Cash Flow
Protean continued to generate positive free cash flow despite a year-over-year decline, indicating that the business still converts operations into internally available funds. Ongoing positive cash generation can support investment, obligations, and shareholder returns without relying heavily on additional borrowing.
Bears Say
Margin Compression
The sharp decline in gross and EBIT margins signals materially weaker operating profitability and raises concern about the sustainability of earnings quality. If this compression persists, revenue growth will deliver less operating profit and reduce funds available for investment or shareholder returns.
Weaker Cash Conversion
Lower operating cash flow and weaker conversion from net income indicate that reported profits are producing less cash than before. This can constrain funding flexibility and make future investment more dependent on improved working-capital performance or other financing sources.
Moderate Capital Efficiency
A steady but moderate return on equity suggests Protean is generating reasonable profits from shareholder capital without demonstrating especially strong capital efficiency. Unless profitability or asset productivity improves, this may limit the pace at which shareholder value compounds over time.
Protean eGov Technologies Limited News
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Company Description
Protean eGov Technologies Limited
Protean eGov Technologies Ltd., a Mumbai, India-based company established in 1995 (formerly NSDL e-Governance Infrastructure Limited until its rebranding in October 2021), is a leading Indian provider of IT-enabled e-governance services. The company excels at conceiving, building, and deploying critical, large-scale, innovative technology solutions from the ground up. It offers a comprehensive suite of services to individuals, businesses, and government entities, encompassing citizen services, system integration, process optimization, data center hosting, and IT advisory. Protean also functions as a central recordkeeping agency and manages a vital tax information network, handling the processing of Permanent Account Number (PAN) applications. Its portfolio extends to developing open digital ecosystems across sectors like mobility, e-commerce, healthcare, agriculture, education, and skill development. Furthermore, it operates dedicated online platforms, Vidyasaarathi and VidyaLakshmi, specifically for facilitating education loans. Its extensive service offerings include online PAN verification, e-KYC for digital identity authentication, eSign for digital signatures, and eSignPro for electronic stamp solutions. Protean supports Aadhaar authentication, provides Goods and Services Tax (GST) services, and acts as a technology service provider for Financial Information Providers (FIP) and Users (FIU). Advanced solutions such as Data Stack for analytics, Rise with Protean (a marketplace for APIs, microservices, and user journeys), ProteanX for managing verifiable credentials, and the Protean CKYC solution are also part of its diverse offerings. Additionally, the company provides a full spectrum of cloud services, including Desktop-as-a-Service, Storage-as-a-Service, virtual office environments, Infrastructure-as-a-Service, managed services, and edge computing leveraging 5G private networks. Protean further extends its expertise through information security consulting, covering architecture, data privacy practices, and general cybersecurity advisory services.
- Sector
- General
- Industry
- Information Technology Services
- CEO
- Ajay Rajan
- Employees
- 711
- Website
- www.proteantech.in
- Address
- Tower 2, One International Center, Mumbai, MA, 400013, IN
Protean eGov Technologies Limited (PROTEAN) Earnings & Revenues
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 14 | 6 | 2 |
| Technical Analysis | 3 | 6 | 1 |
| Moving Averages | 11 | 0 | 1 |
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