Protean eGov Technologies（544021）株式概要Protean eGov Technologies Limitedは、その子会社とともに、インドにおいて情報技術（IT）を活用した電子行政サービスを提供している。 詳細544021 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長1/6過去の実績2/6財務の健全性5/6配当金3/6報酬収益は年間12.18%増加すると予測されています リスク分析過去5年間で収益は年間6.3%減少しました。 1.76%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見る544021 Community Fair Values Create NarrativeSee what 21 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₹Current Price₹567.2013.4% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture016b2016201920222025202620282031Revenue ₹16.2bEarnings ₹1.6bAdvancedSet Fair ValueView all narrativesFeatured narrative•Software opportunityZenaTechabout 2 months ago author updated this narrativeJOFair Value from Jolt_CommunicationsUS$6.8569.3% 割安 内在価値ディスカウントZenaTech: A big bet on the rise of AI drones and drones-as-a-serviceKey Takeaways ZenaTech is focusing its efforts into building AI drones, combining Drone as a Service, SaaS, and AI as its key revenue drivers. Previously building software for agriculture, ZenaTech has shifted rapidly toward drone services, now driving ~70% of revenue after recent acquisitions.Read full narrative3.2kusers have viewed this narrative8users have liked this narrative0users have commented on this narrative77users have followed this narrativeRead narrativeProtean eGov Technologies Limited 競合他社Accelya Solutions IndiaSymbol: NSEI:ACCELYAMarket cap: ₹17.3bR Systems InternationalSymbol: NSEI:RSYSTEMSMarket cap: ₹34.2bSaksoftSymbol: NSEI:SAKSOFTMarket cap: ₹18.9bSilver Touch TechnologiesSymbol: NSEI:SILVERTUCMarket cap: ₹21.1b価格と性能株価の高値、安値、推移の概要Protean eGov Technologies過去の株価現在の株価₹567.2052週高値₹1,435.4052週安値₹445.00ベータ0.151ヶ月の変化13.78%3ヶ月変化-8.99%1年変化-56.07%3年間の変化n/a5年間の変化n/aIPOからの変化-35.76%最新ニュースReported Earnings • Feb 12Third quarter 2026 earnings released: EPS: ₹5.55 (vs ₹5.66 in 3Q 2025)Third quarter 2026 results: EPS: ₹5.55 (down from ₹5.66 in 3Q 2025). Revenue: ₹2.43b (up 20% from 3Q 2025). Net income: ₹225.0m (down 1.9% from 3Q 2025). Profit margin: 9.2% (down from 11% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the IT industry in India.お知らせ • Feb 03Protean eGov Technologies Limited to Report Q3, 2026 Results on Feb 11, 2026Protean eGov Technologies Limited announced that they will report Q3, 2026 results on Feb 11, 2026お知らせ • Jan 16+ 1 more updateProtean Egov Technologies Limited Announces CEO ChangesProtean eGov Technologies Limited announced that Mr. Suresh Sethi, Managing Director & Chief Executive Officer (Key Managerial Personnel) of the Company, has tendered his resignation on January 16, 2026 to pursue other interests, and his last working day shall be March 31, 2026. During his tenure, Mr. Sethi led the singular transformation of Protean as a leading Digital Public Infrastructure (DPI) company. His tenure saw the successful public listing of the company along with a comprehensive rebranding initiative leading to the new identity of the organization. The company expanded its domestic and international presence, and built a diversified, future-ready portfolio. As part of this transition, Mr. V Easwaran, currently Executive Director and Chief Operating Officer, will assume charge as Interim Chief Executive Officer, effective April 1, 2026, and will lead the Company during this phase. Mr. V Easwaran has over 30 years of experience in Banking Industry focusing on all banking products in Wholesale, Retail and Treasury Business. He was a key member of start-up team of 2 Top Private Sector Banks in the country and 1 Public Sector Payments Bank promoted by Department of Posts. He has strong knowledge of Banking & Financial Services products, systems and procedures including Mutual Funds, Equity Markets (primary and secondary) and Insurance Sectors. He has studied Bachelor of Science (Physics), Diploma (Computer Science) and Master of Arts (Public Administration). For the last 6 years he was associated with India Post Payments Bank as Chief Operations Officer, where he was inter alia responsible for managing banking outlet channels, operations of access points, digital products, technology operations, financial and insurance operations. He has previously worked with Kotak Mahindra Bank, HDFC Bank, and Standard Chartered Bank.お知らせ • Dec 17Protean eGov Technologies Limited (BSE:544021) agreed to acquire 4.95% stake in NSDL Payments Bank Limited from National Securities Depository Limited (BSE:544467) for approximately INR 300 million.Protean eGov Technologies Limited (BSE:544021) agreed to acquire 4.95% stake in NSDL Payments Bank Limited from National Securities Depository Limited (BSE:544467) for approximately INR 300 million on December 16, 2025. A cash consideration of INR 302 million will be paid by Protean eGov Technologies Limited. As part of consideration, INR 302 million is paid towards common equity of NSDL Payments Bank Limited. For the period ending March 31, 2025, NSDL Payments Bank Limited reported total revenue of INR 7.22 billion. The deal has been approved by Protean eGov Technologies Limited board. The transaction is expected to be completed within 60 days from the execution of agreement.Price Target Changed • Nov 19Price target decreased by 9.9% to ₹998Down from ₹1,108, the current price target is an average from 2 analysts. New target price is 19% above last closing price of ₹837. Stock is down 54% over the past year. The company posted earnings per share of ₹22.83 last year.New Risk • Nov 07New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 172% Dividend yield: 1.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.2% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (172% cash payout ratio).最新情報をもっと見るRecent updatesReported Earnings • Feb 12Third quarter 2026 earnings released: EPS: ₹5.55 (vs ₹5.66 in 3Q 2025)Third quarter 2026 results: EPS: ₹5.55 (down from ₹5.66 in 3Q 2025). Revenue: ₹2.43b (up 20% from 3Q 2025). Net income: ₹225.0m (down 1.9% from 3Q 2025). Profit margin: 9.2% (down from 11% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the IT industry in India.お知らせ • Feb 03Protean eGov Technologies Limited to Report Q3, 2026 Results on Feb 11, 2026Protean eGov Technologies Limited announced that they will report Q3, 2026 results on Feb 11, 2026お知らせ • Jan 16+ 1 more updateProtean Egov Technologies Limited Announces CEO ChangesProtean eGov Technologies Limited announced that Mr. Suresh Sethi, Managing Director & Chief Executive Officer (Key Managerial Personnel) of the Company, has tendered his resignation on January 16, 2026 to pursue other interests, and his last working day shall be March 31, 2026. During his tenure, Mr. Sethi led the singular transformation of Protean as a leading Digital Public Infrastructure (DPI) company. His tenure saw the successful public listing of the company along with a comprehensive rebranding initiative leading to the new identity of the organization. The company expanded its domestic and international presence, and built a diversified, future-ready portfolio. As part of this transition, Mr. V Easwaran, currently Executive Director and Chief Operating Officer, will assume charge as Interim Chief Executive Officer, effective April 1, 2026, and will lead the Company during this phase. Mr. V Easwaran has over 30 years of experience in Banking Industry focusing on all banking products in Wholesale, Retail and Treasury Business. He was a key member of start-up team of 2 Top Private Sector Banks in the country and 1 Public Sector Payments Bank promoted by Department of Posts. He has strong knowledge of Banking & Financial Services products, systems and procedures including Mutual Funds, Equity Markets (primary and secondary) and Insurance Sectors. He has studied Bachelor of Science (Physics), Diploma (Computer Science) and Master of Arts (Public Administration). For the last 6 years he was associated with India Post Payments Bank as Chief Operations Officer, where he was inter alia responsible for managing banking outlet channels, operations of access points, digital products, technology operations, financial and insurance operations. He has previously worked with Kotak Mahindra Bank, HDFC Bank, and Standard Chartered Bank.お知らせ • Dec 17Protean eGov Technologies Limited (BSE:544021) agreed to acquire 4.95% stake in NSDL Payments Bank Limited from National Securities Depository Limited (BSE:544467) for approximately INR 300 million.Protean eGov Technologies Limited (BSE:544021) agreed to acquire 4.95% stake in NSDL Payments Bank Limited from National Securities Depository Limited (BSE:544467) for approximately INR 300 million on December 16, 2025. A cash consideration of INR 302 million will be paid by Protean eGov Technologies Limited. As part of consideration, INR 302 million is paid towards common equity of NSDL Payments Bank Limited. For the period ending March 31, 2025, NSDL Payments Bank Limited reported total revenue of INR 7.22 billion. The deal has been approved by Protean eGov Technologies Limited board. The transaction is expected to be completed within 60 days from the execution of agreement.Price Target Changed • Nov 19Price target decreased by 9.9% to ₹998Down from ₹1,108, the current price target is an average from 2 analysts. New target price is 19% above last closing price of ₹837. Stock is down 54% over the past year. The company posted earnings per share of ₹22.83 last year.New Risk • Nov 07New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 172% Dividend yield: 1.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.2% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (172% cash payout ratio).Reported Earnings • Nov 07Second quarter 2026 earnings released: EPS: ₹5.88 (vs ₹6.93 in 2Q 2025)Second quarter 2026 results: EPS: ₹5.88 (down from ₹6.93 in 2Q 2025). Revenue: ₹2.65b (up 21% from 2Q 2025). Net income: ₹238.6m (down 15% from 2Q 2025). Profit margin: 9.0% (down from 13% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the IT industry in India.お知らせ • Oct 30Protean eGov Technologies Ltd. Appoints Dr. Harpreet Singh Anand as Chief Human Resources OfficerProtean eGov Technologies Ltd. has announced the appointment of Dr. Harpreet Singh Anand as its Chief Human Resources Officer (CHRO). This strategic addition to the leadership team underscores Protean's commitment to building future-ready organizations as it accelerates its global expansion plans and strengthens its role as a trusted partner in digital governance. In his role as CHRO, Dr. Anand will lead Protean's human resources and administration functions, with a focus on building an agile, digital-first workforce to power the company's next phase of growth. The appointment comes as Protean continues to expand its role in shaping India's digital governance landscape - including its international foray into emerging markets and global DPI collaborations. With over two decades of experience across HR, organizational design, and business transformation, Dr. Anand has led large-scale digital and cultural shifts across sectors. At India Post Payments Bank, he transitioned 300,000 postal employees into tech-enabled professionals through AI-driven HR automation. At Kotak Life Insurance, he delivered onboarding of 6,000 employees in a single year, setting benchmarks for scale and efficiency. His leadership extends beyond HR, encompassing business strategy, operational turnaround, and governance advisory - critical capabilities for Protean's global expansion roadmap. An honorary PhD in HR Management from Cambridge Digital University and a certified coach from the International Coaching Federation (ICF), Dr. Anand has been recognized among Asia's Top HR Leaders and was conferred the Bharat Gaurav Ratna Shri Samman (2023). His leadership philosophy blends innovation with empathy-building scalable, high-performance cultures anchored in trust and transformation. This appointment reinforces Protean's commitment to talent transformation and global leadership as it scales citizen-first digital infrastructure platforms across identity, tax, pensions, financial inclusion, and cross-border DPI collaborations.お知らせ • Oct 28Protean eGov Technologies Limited to Report Q2, 2026 Results on Nov 06, 2025Protean eGov Technologies Limited announced that they will report Q2, 2026 results on Nov 06, 2025お知らせ • Oct 20Protean eGov Technologies Limited Announces Resignation of Gaurav Ramdev - Executive Vice President (Chief Growth & Marketing Officer), Effective October 20, 2025Protean eGov Technologies Limited informed that Mr. Gaurav Ramdev - Executive Vice President (Chief Growth & Marketing Officer) of the Company has tendered his resignation on October 17, 2025 due to personal reasons and his last working day shall be October 20, 2025.お知らせ • Sep 19Protean eGov Technologies Limited Declares Final Dividend for Financial Year Ended March 31, 2025Protean eGov Technologies Limited declared a dividend of INR 10/- per equity share on face value of INR 10/- each (@ 100%), of the Company for the financial year ended 31st March, 2025.Price Target Changed • Aug 28Price target increased by 9.0% to ₹1,208Up from ₹1,108, the current price target is an average from 2 analysts. New target price is 35% above last closing price of ₹897. Stock is down 58% over the past year. The company posted earnings per share of ₹22.83 last year.お知らせ • Aug 25Protean eGov Technologies Limited, Annual General Meeting, Sep 18, 2025Protean eGov Technologies Limited, Annual General Meeting, Sep 18, 2025, at 15:00 Indian Standard Time.Valuation Update With 7 Day Price Move • Aug 20Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹877, the stock trades at a trailing P/E ratio of 37.3x. Average forward P/E is 25x in the IT industry in India. Total loss to shareholders of 54% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₹458 per share.Declared Dividend • Aug 16Dividend of ₹10.00 announcedDividend of ₹10.00 is the same as last year. Ex-date: 29th August 2025 Payment date: 1st January 1970 Dividend yield will be 1.4%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (28% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to decline by 51% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.1% EPS decline seen over the last 5 years.Reported Earnings • Aug 07First quarter 2026 earnings released: EPS: ₹5.88 (vs ₹5.21 in 1Q 2025)First quarter 2026 results: EPS: ₹5.88 (up from ₹5.21 in 1Q 2025). Revenue: ₹2.39b (up 22% from 1Q 2025). Net income: ₹238.5m (up 13% from 1Q 2025). Profit margin: 10.0% (in line with 1Q 2025). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the IT industry in India.お知らせ • Jul 29Protean eGov Technologies Limited to Report Q1, 2026 Results on Aug 06, 2025Protean eGov Technologies Limited announced that they will report Q1, 2026 results on Aug 06, 2025Buy Or Sell Opportunity • Jul 23Now 21% overvaluedOver the last 90 days, the stock has fallen 41% to ₹831. The fair value is estimated to be ₹686, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 20%.Price Target Changed • Jul 22Price target decreased by 14% to ₹1,622Down from ₹1,896, the current price target is an average from 3 analysts. New target price is 105% above last closing price of ₹790. Stock is down 53% over the past year. The company posted earnings per share of ₹22.83 last year.Reported Earnings • May 22Full year 2025 earnings released: EPS: ₹22.83 (vs ₹24.06 in FY 2024)Full year 2025 results: EPS: ₹22.83 (down from ₹24.06 in FY 2024). Revenue: ₹9.09b (up 3.0% from FY 2024). Net income: ₹924.6m (down 5.0% from FY 2024). Profit margin: 10% (in line with FY 2024). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the IT industry in India.New Risk • May 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.1% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change).Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₹1,049, the stock trades at a trailing P/E ratio of 47.7x. Average forward P/E is 25x in the IT industry in India. Total loss to shareholders of 13% over the past year.お知らせ • May 13Protean eGov Technologies Limited to Report Q4, 2025 Results on May 21, 2025Protean eGov Technologies Limited announced that they will report Q4, 2025 results on May 21, 2025お知らせ • May 10Protean eGov Technologies Limited Approves Change in Designation of V Easwaran, Executive Vice President, Group Head - Business Operations as Chief Operating Officer, Effective May 10, 2025The Board of Directors of Protean eGov Technologies Limited vide circular resolution passed on May 10, 2025 approved the Change in Designation of Mr. V Easwaran, Executive Vice President, Group Head - Business Operations (GHBO) as Chief Operating Officer (COO) of the Company with effect from May 10, 2025. Reason for change: Considering rich experience and a proven track record of driving business growth, innovation, and operational excellence, the designation of Mr. V Easwaran has been changed to Chief Operating Officer (COO). Mr. V Easwaran has over 30 years of experience in Banking Industry focusing on all banking products in Wholesale, Retail and Treasury Business. He was a key member of start-up team of 2 Top Private Sector Banks in the country and 1 Public Sector Payments Bank promoted by Department of Posts. He has strong knowledge of Banking & Financial Services products, systems and procedures including Mutual Funds, Equity Markets (primary and secondary) and Insurance Sectors. He has studied Bachelor of Science (Physics), Diploma (Computer Science) and Master of Arts (Public Administration). For the last 6 years he was associated with India Post Payments Bank as Chief Operations Officer, where he was inter alia responsible for managing banking outlet channels, operations of access points, digital products, technology operations, financial and insurance operations. He has previously worked with Kotak Mahindra Bank, HDFC Bank, and Standard Chartered Bank.Reported Earnings • Feb 01Third quarter 2025 earnings released: EPS: ₹5.66 (vs ₹3.76 in 3Q 2024)Third quarter 2025 results: EPS: ₹5.66 (up from ₹3.76 in 3Q 2024). Revenue: ₹2.21b (up 8.5% from 3Q 2024). Net income: ₹229.3m (up 51% from 3Q 2024). Profit margin: 10% (up from 7.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the IT industry in India.お知らせ • Jan 31Protean eGov Technologies Limited Announces Reposition of Gopa Kumar T N from Executive Vice President and Chief Business Officer to Chief Executive Officer of Protean International DMCC, Effective February 1, 2025The Board of Directors of Protean eGov Technologies Limited in its meeting held on January 30, 2025 have approved that Mr. Gopa Kumar T N - who has been serving as the Executive Vice President (EVP) and Chief Business Officer of the Company, has been repositioned to a new role and appointed as Chief Executive Officer (CEO) of Wholly Owned Subsidiary Protean International DMCC with effect from February 1, 2025. Gopa Kumar T.N. is the Executive Vice President (Chief Business Officer) of Protean eGov Technologies Ltd. He has been with Protean for 27 years and has made significant contributions to the organization, right since inception in 1996, in multiple capacities as Head of Admin, HR, Training, Business Development, Marketing, Special Projects, Data Centre Facilities, Govt. Business, International Business etc. He is appointed as the Chief Executive Officer (CEO) of the international entity Protean International DMCC, Dubai, UAE (Wholly Owned Subsidiary of Protean) to lead Company's global expansion strategy and expand business footprint into international geographies. He holds a bachelor's degree in science from Gandhiji University and Post Graduate Diploma in Personnel Management from LBSIMDS, Lucknow and Diploma in Personnel Management from Tata Institute of Social Sciences.お知らせ • Jan 23Protean eGov Technologies Limited to Report Q3, 2025 Results on Jan 30, 2025Protean eGov Technologies Limited announced that they will report Q3, 2025 results on Jan 30, 2025お知らせ • Jan 02Protean eGov Technologies Limited Announces Appointment of Rakesh Dosi as Executive Vice President (Chief Business Officer), Effective January 3, 2025Protean eGov Technologies Limited announced the appointment of Rakesh Dosi as Executive Vice President (Chief Business Officer), Effective January 3, 2025. Mr. Rakesh Dosi has over 25 years of experience across diverse sectors like banking, insurance and technology. He is a seasoned sales and business development professional with a proven track record of success in driving revenue growth and building strong client relationships. He is adept at devising and executing Go-To-Market (GTM) strategies, technology consulting sales and account management. He has a strong P& L and business growth experience. He has studied Bachelor of Engineering and Post Graduate Diploma in Information Technology /Management. For the last 2 years he was associated with Sify Technologies as Senior Vice President Business Head (India) for Network Centric Services portfolio where he was involved in leading large enterprise, channel business and SME businesses. He has a keen ability to identify and cultivate valuable client relationships, adopting a personalized approach to key account management. His experience spans various industries, including his previous work with Jio, Airtel, Safescyrpt, Nexstep, JCT Limited and Maskara Industries.New Risk • Nov 04New major risk - Revenue and earnings growthEarnings have declined by 4.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.3% per year over the past 5 years. Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Profit margins are more than 30% lower than last year (9.7% net profit margin).Reported Earnings • Oct 31Second quarter 2025 earnings released: EPS: ₹6.93 (vs ₹8.11 in 2Q 2024)Second quarter 2025 results: EPS: ₹6.93 (down from ₹8.11 in 2Q 2024). Revenue: ₹2.33b (down 1.0% from 2Q 2024). Net income: ₹280.4m (down 14% from 2Q 2024). Profit margin: 12% (down from 14% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the IT industry in India.お知らせ • Oct 23Protean eGov Technologies Limited to Report Q2, 2025 Results on Oct 30, 2024Protean eGov Technologies Limited announced that they will report Q2, 2025 results on Oct 30, 2024お知らせ • Sep 26+ 1 more updateProtean eGov Technologies Limited Declares Dividend for the Financial Year Ended March 31, 2024Protean eGov Technologies Limited announced at the AGM held on September 23, 2024, approved To declare a dividend of INR 10/- per equity share on face value of INR 10/- each (@ 100%), of the Company for the financial year ended March 31, 2024.Board Change • Sep 09High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Additional Non-Executive Director Sriram Krishnan was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Sep 02Protean eGov Technologies Limited, Annual General Meeting, Sep 23, 2024Protean eGov Technologies Limited, Annual General Meeting, Sep 23, 2024, at 14:00 Indian Standard Time.Reported Earnings • Aug 06First quarter 2025 earnings released: EPS: ₹5.21 (vs ₹7.97 in 1Q 2024)First quarter 2025 results: EPS: ₹5.21 (down from ₹7.97 in 1Q 2024). Revenue: ₹2.16b (down 2.1% from 1Q 2024). Net income: ₹210.9m (down 35% from 1Q 2024). Profit margin: 9.8% (down from 15% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the IT industry in India.お知らせ • Jul 25Protean eGov Technologies Limited to Report Q1, 2025 Results on Aug 05, 2024Protean eGov Technologies Limited announced that they will report Q1, 2025 results on Aug 05, 2024Valuation Update With 7 Day Price Move • Jul 24Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹1,768, the stock trades at a trailing P/E ratio of 73.5x. Average forward P/E is 32x in the IT industry in India.New Risk • Jul 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.7% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (157% cash payout ratio). Share price has been volatile over the past 3 months (8.0% average weekly change).Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹1,368, the stock trades at a trailing P/E ratio of 56.9x. Average forward P/E is 28x in the IT industry in India.Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹1,169, the stock trades at a trailing P/E ratio of 48.6x. Average forward P/E is 26x in the IT industry in India.お知らせ • Jun 05Protean eGov Technologies Limited Announces Resignation of Sudeep Bhatia as Chief Financial Officer, Effective June 4, 2024Protean eGov Technologies Limited announced that in furtherance to its letter dated March 19, 2024 regarding resignation of Mr. Sudeep Bhatia as Chief Financial Officer (Key Managerial Personnel), the company hereby inform that his last working day is June 4, 2024.New Risk • May 18New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 157% Dividend yield: 0.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.7% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (157% cash payout ratio).Reported Earnings • May 08Full year 2024 earnings released: EPS: ₹24.06 (vs ₹26.50 in FY 2023)Full year 2024 results: EPS: ₹24.06 (down from ₹26.50 in FY 2023). Revenue: ₹9.50b (up 28% from FY 2023). Net income: ₹972.9m (down 9.1% from FY 2023). Profit margin: 10% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the IT industry in India.お知らせ • Apr 28Protean eGov Technologies Limited to Report Q4, 2024 Results on May 07, 2024Protean eGov Technologies Limited announced that they will report Q4, 2024 results on May 07, 2024Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹1,163, the stock trades at a trailing P/E ratio of 42x. Average forward P/E is 27x in the IT industry in India.お知らせ • Mar 22Protean eGov Technologies Limited Announces Resignation of Sudeep Bhatia as Chief Financial Officer, Effective June 14, 2024Protean eGov Technologies Limited announced that Mr. Sudeep Bhatia - chief financial officer (Key Managerial Personnel), vide his letter dated March 18, 2024, has tendered his resignation. His last working day shall be June 14, 2024. Resignation of Mr. Sudeep Bhatia as Chief Financial Officer to pursue career growth opportunities.お知らせ • Feb 13Protean eGov Technologies Limited Announces Resignation of Amit Sinha - Executive Vice-President (Group Head - Social Security & Welfare)Protean eGov Technologies Limited announced that Mr. Amit Sinha - Executive Vice-President (Group Head - Social Security & Welfare), vide his letter dated February 12, 2024, has tendered his resignation due to personal reasons. His last working day shall be May 13, 2024.Reported Earnings • Feb 09Third quarter 2024 earnings releasedThird quarter 2024 results: EPS: ₹3.76. Net income: ₹152.3m (up ₹152.3m from 3Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the IT industry in India.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹1,459, the stock trades at a trailing P/E ratio of 47.2x. Average forward P/E is 26x in the IT industry in India.お知らせ • Feb 01Protean eGov Technologies Limited to Report Q3, 2024 Results on Feb 07, 2024Protean eGov Technologies Limited announced that they will report Q3, 2024 results on Feb 07, 2024お知らせ • Jan 24Protean Egov Technologies Limited Announces Resignation of Karan Bhagat as Non-Executive Non-Independent DirectorProtean eGov Technologies Limited announced that Mr. Karan Bhagat (DIN: 03247753), vide his letter dated January 23, 2024, has tendered his resignation as Non-Executive Non-Independent Director of the Company with effect from close of business hours on January 23, 2024 due to pre-occupation and other personal commitments.Board Change • Nov 14High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Aruna Rao was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.株主還元544021IN ITIN 市場7D6.3%-0.2%0.9%1Y-56.1%-22.2%6.1%株主還元を見る業界別リターン: 544021過去 1 年間で-22.2 % の収益を上げたIndian IT業界を下回りました。リターン対市場: 544021は、過去 1 年間で6.1 % のリターンを上げたIndian市場を下回りました。価格変動Is 544021's price volatile compared to industry and market?544021 volatility544021 Average Weekly Movement7.1%IT Industry Average Movement7.9%Market Average Movement7.2%10% most volatile stocks in IN Market10.2%10% least volatile stocks in IN Market4.7%安定した株価: 544021 、 Indian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 544021の 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1995711Easwaran Venkateswaranwww.proteantech.inProtean eGov Technologies Limited は、その子会社とともに、インドで情報技術（IT）を活用した電子行政サービスを提供している。また、市民サービス、システム統合、ビジネス・プロセス・リエンジニアリング、データセンター・コロケーション、ITコンサルティング・サービスを個人、企業、政府向けに提供している。また、中央記録管理機関および税務情報ネットワークとしての運営や、永久口座番号（PAN）の割り当て申請の処理も行っている。さらに、モビリティ、eコマース、ヘルスケア、農業、教育、スキリングのためのオープンデジタルエコシステムや、教育ローンのためのオンラインプラットフォームであるVidyasaarathiとVidyaLakshmiを提供している。さらに、オンラインPAN認証サービス、デジタルIDの認証を管理するe-KYC、デジタル署名を促進するeSign、電子スタンプとデジタルスタンプ・ソリューションを提供するeSignPro、デジタルIDのためのAadhaar認証、GSTサービスを提供している；FIPおよびFIUテクノロジー・サービス・プロバイダー・サービス、データ分析ソリューションのData Stack、API、マイクロサービス、ユーザー・ジャーニーのための多部門ショップのRise with Protean、検証可能なクレデンシャルの作成、発行、保管、管理に使用される製品群のProteanX、Protean CKYCソリューション。さらに、サービスとしてのデスクトップ、サービスとしてのストレージ、サービスとしてのインフラストラクチャー、マネージドサービス、5Gプライベートネットワークによるエッジコンピュートなどのクラウドサービス、情報セキュリティアーキテクチャ、ガバナンス・リスク・コンプライアンス、データプライバシー実践、サイバーセキュリティ技術サービスなどの情報セキュリティコンサルティングサービスも提供している。同社は以前はNSDL e-Governance Infrastructure Limitedとして知られていたが、2021年10月にProtean eGov Technologies Limitedに社名を変更した。Protean eGov Technologies Limitedは1995年に設立され、インドのムンバイに本社を置いている。もっと見るProtean eGov Technologies Limited 基礎のまとめProtean eGov Technologies の収益と売上を時価総額と比較するとどうか。544021 基礎統計学時価総額₹23.04b収益（TTM）₹906.10m売上高(TTM)₹9.12b25.4xPER（株価収益率2.5xP/Sレシオ544021 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計544021 損益計算書（TTM）収益₹9.12b売上原価₹2.51b売上総利益₹6.61bその他の費用₹5.71b収益₹906.10m直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）22.31グロス・マージン72.48%純利益率9.93%有利子負債／自己資本比率6.6%544021 の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.8%現在の配当利回り44%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/06 11:31終値2026/05/06 00:00収益2025/12/31年間収益2025/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Protean eGov Technologies Limited 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Kaitav ShahAnand Rathi Shares and Stock Brokers Limitednull nullAnand Rathi Shares and Stock Brokers LimitedYuvraj ChoudharyAnand Rathi Shares and Stock Brokers Limited1 その他のアナリストを表示
Featured narrative•Software opportunityZenaTechabout 2 months ago author updated this narrativeJOFair Value from Jolt_CommunicationsUS$6.8569.3% 割安 内在価値ディスカウントZenaTech: A big bet on the rise of AI drones and drones-as-a-serviceKey Takeaways ZenaTech is focusing its efforts into building AI drones, combining Drone as a Service, SaaS, and AI as its key revenue drivers. Previously building software for agriculture, ZenaTech has shifted rapidly toward drone services, now driving ~70% of revenue after recent acquisitions.Read full narrative3.2kusers have viewed this narrative8users have liked this narrative0users have commented on this narrative77users have followed this narrativeRead narrative
Reported Earnings • Feb 12Third quarter 2026 earnings released: EPS: ₹5.55 (vs ₹5.66 in 3Q 2025)Third quarter 2026 results: EPS: ₹5.55 (down from ₹5.66 in 3Q 2025). Revenue: ₹2.43b (up 20% from 3Q 2025). Net income: ₹225.0m (down 1.9% from 3Q 2025). Profit margin: 9.2% (down from 11% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the IT industry in India.
お知らせ • Feb 03Protean eGov Technologies Limited to Report Q3, 2026 Results on Feb 11, 2026Protean eGov Technologies Limited announced that they will report Q3, 2026 results on Feb 11, 2026
お知らせ • Jan 16+ 1 more updateProtean Egov Technologies Limited Announces CEO ChangesProtean eGov Technologies Limited announced that Mr. Suresh Sethi, Managing Director & Chief Executive Officer (Key Managerial Personnel) of the Company, has tendered his resignation on January 16, 2026 to pursue other interests, and his last working day shall be March 31, 2026. During his tenure, Mr. Sethi led the singular transformation of Protean as a leading Digital Public Infrastructure (DPI) company. His tenure saw the successful public listing of the company along with a comprehensive rebranding initiative leading to the new identity of the organization. The company expanded its domestic and international presence, and built a diversified, future-ready portfolio. As part of this transition, Mr. V Easwaran, currently Executive Director and Chief Operating Officer, will assume charge as Interim Chief Executive Officer, effective April 1, 2026, and will lead the Company during this phase. Mr. V Easwaran has over 30 years of experience in Banking Industry focusing on all banking products in Wholesale, Retail and Treasury Business. He was a key member of start-up team of 2 Top Private Sector Banks in the country and 1 Public Sector Payments Bank promoted by Department of Posts. He has strong knowledge of Banking & Financial Services products, systems and procedures including Mutual Funds, Equity Markets (primary and secondary) and Insurance Sectors. He has studied Bachelor of Science (Physics), Diploma (Computer Science) and Master of Arts (Public Administration). For the last 6 years he was associated with India Post Payments Bank as Chief Operations Officer, where he was inter alia responsible for managing banking outlet channels, operations of access points, digital products, technology operations, financial and insurance operations. He has previously worked with Kotak Mahindra Bank, HDFC Bank, and Standard Chartered Bank.
お知らせ • Dec 17Protean eGov Technologies Limited (BSE:544021) agreed to acquire 4.95% stake in NSDL Payments Bank Limited from National Securities Depository Limited (BSE:544467) for approximately INR 300 million.Protean eGov Technologies Limited (BSE:544021) agreed to acquire 4.95% stake in NSDL Payments Bank Limited from National Securities Depository Limited (BSE:544467) for approximately INR 300 million on December 16, 2025. A cash consideration of INR 302 million will be paid by Protean eGov Technologies Limited. As part of consideration, INR 302 million is paid towards common equity of NSDL Payments Bank Limited. For the period ending March 31, 2025, NSDL Payments Bank Limited reported total revenue of INR 7.22 billion. The deal has been approved by Protean eGov Technologies Limited board. The transaction is expected to be completed within 60 days from the execution of agreement.
Price Target Changed • Nov 19Price target decreased by 9.9% to ₹998Down from ₹1,108, the current price target is an average from 2 analysts. New target price is 19% above last closing price of ₹837. Stock is down 54% over the past year. The company posted earnings per share of ₹22.83 last year.
New Risk • Nov 07New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 172% Dividend yield: 1.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.2% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (172% cash payout ratio).
Reported Earnings • Feb 12Third quarter 2026 earnings released: EPS: ₹5.55 (vs ₹5.66 in 3Q 2025)Third quarter 2026 results: EPS: ₹5.55 (down from ₹5.66 in 3Q 2025). Revenue: ₹2.43b (up 20% from 3Q 2025). Net income: ₹225.0m (down 1.9% from 3Q 2025). Profit margin: 9.2% (down from 11% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the IT industry in India.
お知らせ • Feb 03Protean eGov Technologies Limited to Report Q3, 2026 Results on Feb 11, 2026Protean eGov Technologies Limited announced that they will report Q3, 2026 results on Feb 11, 2026
お知らせ • Jan 16+ 1 more updateProtean Egov Technologies Limited Announces CEO ChangesProtean eGov Technologies Limited announced that Mr. Suresh Sethi, Managing Director & Chief Executive Officer (Key Managerial Personnel) of the Company, has tendered his resignation on January 16, 2026 to pursue other interests, and his last working day shall be March 31, 2026. During his tenure, Mr. Sethi led the singular transformation of Protean as a leading Digital Public Infrastructure (DPI) company. His tenure saw the successful public listing of the company along with a comprehensive rebranding initiative leading to the new identity of the organization. The company expanded its domestic and international presence, and built a diversified, future-ready portfolio. As part of this transition, Mr. V Easwaran, currently Executive Director and Chief Operating Officer, will assume charge as Interim Chief Executive Officer, effective April 1, 2026, and will lead the Company during this phase. Mr. V Easwaran has over 30 years of experience in Banking Industry focusing on all banking products in Wholesale, Retail and Treasury Business. He was a key member of start-up team of 2 Top Private Sector Banks in the country and 1 Public Sector Payments Bank promoted by Department of Posts. He has strong knowledge of Banking & Financial Services products, systems and procedures including Mutual Funds, Equity Markets (primary and secondary) and Insurance Sectors. He has studied Bachelor of Science (Physics), Diploma (Computer Science) and Master of Arts (Public Administration). For the last 6 years he was associated with India Post Payments Bank as Chief Operations Officer, where he was inter alia responsible for managing banking outlet channels, operations of access points, digital products, technology operations, financial and insurance operations. He has previously worked with Kotak Mahindra Bank, HDFC Bank, and Standard Chartered Bank.
お知らせ • Dec 17Protean eGov Technologies Limited (BSE:544021) agreed to acquire 4.95% stake in NSDL Payments Bank Limited from National Securities Depository Limited (BSE:544467) for approximately INR 300 million.Protean eGov Technologies Limited (BSE:544021) agreed to acquire 4.95% stake in NSDL Payments Bank Limited from National Securities Depository Limited (BSE:544467) for approximately INR 300 million on December 16, 2025. A cash consideration of INR 302 million will be paid by Protean eGov Technologies Limited. As part of consideration, INR 302 million is paid towards common equity of NSDL Payments Bank Limited. For the period ending March 31, 2025, NSDL Payments Bank Limited reported total revenue of INR 7.22 billion. The deal has been approved by Protean eGov Technologies Limited board. The transaction is expected to be completed within 60 days from the execution of agreement.
Price Target Changed • Nov 19Price target decreased by 9.9% to ₹998Down from ₹1,108, the current price target is an average from 2 analysts. New target price is 19% above last closing price of ₹837. Stock is down 54% over the past year. The company posted earnings per share of ₹22.83 last year.
New Risk • Nov 07New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 172% Dividend yield: 1.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.2% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (172% cash payout ratio).
Reported Earnings • Nov 07Second quarter 2026 earnings released: EPS: ₹5.88 (vs ₹6.93 in 2Q 2025)Second quarter 2026 results: EPS: ₹5.88 (down from ₹6.93 in 2Q 2025). Revenue: ₹2.65b (up 21% from 2Q 2025). Net income: ₹238.6m (down 15% from 2Q 2025). Profit margin: 9.0% (down from 13% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the IT industry in India.
お知らせ • Oct 30Protean eGov Technologies Ltd. Appoints Dr. Harpreet Singh Anand as Chief Human Resources OfficerProtean eGov Technologies Ltd. has announced the appointment of Dr. Harpreet Singh Anand as its Chief Human Resources Officer (CHRO). This strategic addition to the leadership team underscores Protean's commitment to building future-ready organizations as it accelerates its global expansion plans and strengthens its role as a trusted partner in digital governance. In his role as CHRO, Dr. Anand will lead Protean's human resources and administration functions, with a focus on building an agile, digital-first workforce to power the company's next phase of growth. The appointment comes as Protean continues to expand its role in shaping India's digital governance landscape - including its international foray into emerging markets and global DPI collaborations. With over two decades of experience across HR, organizational design, and business transformation, Dr. Anand has led large-scale digital and cultural shifts across sectors. At India Post Payments Bank, he transitioned 300,000 postal employees into tech-enabled professionals through AI-driven HR automation. At Kotak Life Insurance, he delivered onboarding of 6,000 employees in a single year, setting benchmarks for scale and efficiency. His leadership extends beyond HR, encompassing business strategy, operational turnaround, and governance advisory - critical capabilities for Protean's global expansion roadmap. An honorary PhD in HR Management from Cambridge Digital University and a certified coach from the International Coaching Federation (ICF), Dr. Anand has been recognized among Asia's Top HR Leaders and was conferred the Bharat Gaurav Ratna Shri Samman (2023). His leadership philosophy blends innovation with empathy-building scalable, high-performance cultures anchored in trust and transformation. This appointment reinforces Protean's commitment to talent transformation and global leadership as it scales citizen-first digital infrastructure platforms across identity, tax, pensions, financial inclusion, and cross-border DPI collaborations.
お知らせ • Oct 28Protean eGov Technologies Limited to Report Q2, 2026 Results on Nov 06, 2025Protean eGov Technologies Limited announced that they will report Q2, 2026 results on Nov 06, 2025
お知らせ • Oct 20Protean eGov Technologies Limited Announces Resignation of Gaurav Ramdev - Executive Vice President (Chief Growth & Marketing Officer), Effective October 20, 2025Protean eGov Technologies Limited informed that Mr. Gaurav Ramdev - Executive Vice President (Chief Growth & Marketing Officer) of the Company has tendered his resignation on October 17, 2025 due to personal reasons and his last working day shall be October 20, 2025.
お知らせ • Sep 19Protean eGov Technologies Limited Declares Final Dividend for Financial Year Ended March 31, 2025Protean eGov Technologies Limited declared a dividend of INR 10/- per equity share on face value of INR 10/- each (@ 100%), of the Company for the financial year ended 31st March, 2025.
Price Target Changed • Aug 28Price target increased by 9.0% to ₹1,208Up from ₹1,108, the current price target is an average from 2 analysts. New target price is 35% above last closing price of ₹897. Stock is down 58% over the past year. The company posted earnings per share of ₹22.83 last year.
お知らせ • Aug 25Protean eGov Technologies Limited, Annual General Meeting, Sep 18, 2025Protean eGov Technologies Limited, Annual General Meeting, Sep 18, 2025, at 15:00 Indian Standard Time.
Valuation Update With 7 Day Price Move • Aug 20Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹877, the stock trades at a trailing P/E ratio of 37.3x. Average forward P/E is 25x in the IT industry in India. Total loss to shareholders of 54% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₹458 per share.
Declared Dividend • Aug 16Dividend of ₹10.00 announcedDividend of ₹10.00 is the same as last year. Ex-date: 29th August 2025 Payment date: 1st January 1970 Dividend yield will be 1.4%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (28% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to decline by 51% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.1% EPS decline seen over the last 5 years.
Reported Earnings • Aug 07First quarter 2026 earnings released: EPS: ₹5.88 (vs ₹5.21 in 1Q 2025)First quarter 2026 results: EPS: ₹5.88 (up from ₹5.21 in 1Q 2025). Revenue: ₹2.39b (up 22% from 1Q 2025). Net income: ₹238.5m (up 13% from 1Q 2025). Profit margin: 10.0% (in line with 1Q 2025). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the IT industry in India.
お知らせ • Jul 29Protean eGov Technologies Limited to Report Q1, 2026 Results on Aug 06, 2025Protean eGov Technologies Limited announced that they will report Q1, 2026 results on Aug 06, 2025
Buy Or Sell Opportunity • Jul 23Now 21% overvaluedOver the last 90 days, the stock has fallen 41% to ₹831. The fair value is estimated to be ₹686, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 20%.
Price Target Changed • Jul 22Price target decreased by 14% to ₹1,622Down from ₹1,896, the current price target is an average from 3 analysts. New target price is 105% above last closing price of ₹790. Stock is down 53% over the past year. The company posted earnings per share of ₹22.83 last year.
Reported Earnings • May 22Full year 2025 earnings released: EPS: ₹22.83 (vs ₹24.06 in FY 2024)Full year 2025 results: EPS: ₹22.83 (down from ₹24.06 in FY 2024). Revenue: ₹9.09b (up 3.0% from FY 2024). Net income: ₹924.6m (down 5.0% from FY 2024). Profit margin: 10% (in line with FY 2024). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the IT industry in India.
New Risk • May 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.1% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change).
Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₹1,049, the stock trades at a trailing P/E ratio of 47.7x. Average forward P/E is 25x in the IT industry in India. Total loss to shareholders of 13% over the past year.
お知らせ • May 13Protean eGov Technologies Limited to Report Q4, 2025 Results on May 21, 2025Protean eGov Technologies Limited announced that they will report Q4, 2025 results on May 21, 2025
お知らせ • May 10Protean eGov Technologies Limited Approves Change in Designation of V Easwaran, Executive Vice President, Group Head - Business Operations as Chief Operating Officer, Effective May 10, 2025The Board of Directors of Protean eGov Technologies Limited vide circular resolution passed on May 10, 2025 approved the Change in Designation of Mr. V Easwaran, Executive Vice President, Group Head - Business Operations (GHBO) as Chief Operating Officer (COO) of the Company with effect from May 10, 2025. Reason for change: Considering rich experience and a proven track record of driving business growth, innovation, and operational excellence, the designation of Mr. V Easwaran has been changed to Chief Operating Officer (COO). Mr. V Easwaran has over 30 years of experience in Banking Industry focusing on all banking products in Wholesale, Retail and Treasury Business. He was a key member of start-up team of 2 Top Private Sector Banks in the country and 1 Public Sector Payments Bank promoted by Department of Posts. He has strong knowledge of Banking & Financial Services products, systems and procedures including Mutual Funds, Equity Markets (primary and secondary) and Insurance Sectors. He has studied Bachelor of Science (Physics), Diploma (Computer Science) and Master of Arts (Public Administration). For the last 6 years he was associated with India Post Payments Bank as Chief Operations Officer, where he was inter alia responsible for managing banking outlet channels, operations of access points, digital products, technology operations, financial and insurance operations. He has previously worked with Kotak Mahindra Bank, HDFC Bank, and Standard Chartered Bank.
Reported Earnings • Feb 01Third quarter 2025 earnings released: EPS: ₹5.66 (vs ₹3.76 in 3Q 2024)Third quarter 2025 results: EPS: ₹5.66 (up from ₹3.76 in 3Q 2024). Revenue: ₹2.21b (up 8.5% from 3Q 2024). Net income: ₹229.3m (up 51% from 3Q 2024). Profit margin: 10% (up from 7.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the IT industry in India.
お知らせ • Jan 31Protean eGov Technologies Limited Announces Reposition of Gopa Kumar T N from Executive Vice President and Chief Business Officer to Chief Executive Officer of Protean International DMCC, Effective February 1, 2025The Board of Directors of Protean eGov Technologies Limited in its meeting held on January 30, 2025 have approved that Mr. Gopa Kumar T N - who has been serving as the Executive Vice President (EVP) and Chief Business Officer of the Company, has been repositioned to a new role and appointed as Chief Executive Officer (CEO) of Wholly Owned Subsidiary Protean International DMCC with effect from February 1, 2025. Gopa Kumar T.N. is the Executive Vice President (Chief Business Officer) of Protean eGov Technologies Ltd. He has been with Protean for 27 years and has made significant contributions to the organization, right since inception in 1996, in multiple capacities as Head of Admin, HR, Training, Business Development, Marketing, Special Projects, Data Centre Facilities, Govt. Business, International Business etc. He is appointed as the Chief Executive Officer (CEO) of the international entity Protean International DMCC, Dubai, UAE (Wholly Owned Subsidiary of Protean) to lead Company's global expansion strategy and expand business footprint into international geographies. He holds a bachelor's degree in science from Gandhiji University and Post Graduate Diploma in Personnel Management from LBSIMDS, Lucknow and Diploma in Personnel Management from Tata Institute of Social Sciences.
お知らせ • Jan 23Protean eGov Technologies Limited to Report Q3, 2025 Results on Jan 30, 2025Protean eGov Technologies Limited announced that they will report Q3, 2025 results on Jan 30, 2025
お知らせ • Jan 02Protean eGov Technologies Limited Announces Appointment of Rakesh Dosi as Executive Vice President (Chief Business Officer), Effective January 3, 2025Protean eGov Technologies Limited announced the appointment of Rakesh Dosi as Executive Vice President (Chief Business Officer), Effective January 3, 2025. Mr. Rakesh Dosi has over 25 years of experience across diverse sectors like banking, insurance and technology. He is a seasoned sales and business development professional with a proven track record of success in driving revenue growth and building strong client relationships. He is adept at devising and executing Go-To-Market (GTM) strategies, technology consulting sales and account management. He has a strong P& L and business growth experience. He has studied Bachelor of Engineering and Post Graduate Diploma in Information Technology /Management. For the last 2 years he was associated with Sify Technologies as Senior Vice President Business Head (India) for Network Centric Services portfolio where he was involved in leading large enterprise, channel business and SME businesses. He has a keen ability to identify and cultivate valuable client relationships, adopting a personalized approach to key account management. His experience spans various industries, including his previous work with Jio, Airtel, Safescyrpt, Nexstep, JCT Limited and Maskara Industries.
New Risk • Nov 04New major risk - Revenue and earnings growthEarnings have declined by 4.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.3% per year over the past 5 years. Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Profit margins are more than 30% lower than last year (9.7% net profit margin).
Reported Earnings • Oct 31Second quarter 2025 earnings released: EPS: ₹6.93 (vs ₹8.11 in 2Q 2024)Second quarter 2025 results: EPS: ₹6.93 (down from ₹8.11 in 2Q 2024). Revenue: ₹2.33b (down 1.0% from 2Q 2024). Net income: ₹280.4m (down 14% from 2Q 2024). Profit margin: 12% (down from 14% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the IT industry in India.
お知らせ • Oct 23Protean eGov Technologies Limited to Report Q2, 2025 Results on Oct 30, 2024Protean eGov Technologies Limited announced that they will report Q2, 2025 results on Oct 30, 2024
お知らせ • Sep 26+ 1 more updateProtean eGov Technologies Limited Declares Dividend for the Financial Year Ended March 31, 2024Protean eGov Technologies Limited announced at the AGM held on September 23, 2024, approved To declare a dividend of INR 10/- per equity share on face value of INR 10/- each (@ 100%), of the Company for the financial year ended March 31, 2024.
Board Change • Sep 09High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Additional Non-Executive Director Sriram Krishnan was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Sep 02Protean eGov Technologies Limited, Annual General Meeting, Sep 23, 2024Protean eGov Technologies Limited, Annual General Meeting, Sep 23, 2024, at 14:00 Indian Standard Time.
Reported Earnings • Aug 06First quarter 2025 earnings released: EPS: ₹5.21 (vs ₹7.97 in 1Q 2024)First quarter 2025 results: EPS: ₹5.21 (down from ₹7.97 in 1Q 2024). Revenue: ₹2.16b (down 2.1% from 1Q 2024). Net income: ₹210.9m (down 35% from 1Q 2024). Profit margin: 9.8% (down from 15% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the IT industry in India.
お知らせ • Jul 25Protean eGov Technologies Limited to Report Q1, 2025 Results on Aug 05, 2024Protean eGov Technologies Limited announced that they will report Q1, 2025 results on Aug 05, 2024
Valuation Update With 7 Day Price Move • Jul 24Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹1,768, the stock trades at a trailing P/E ratio of 73.5x. Average forward P/E is 32x in the IT industry in India.
New Risk • Jul 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.7% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (157% cash payout ratio). Share price has been volatile over the past 3 months (8.0% average weekly change).
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹1,368, the stock trades at a trailing P/E ratio of 56.9x. Average forward P/E is 28x in the IT industry in India.
Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹1,169, the stock trades at a trailing P/E ratio of 48.6x. Average forward P/E is 26x in the IT industry in India.
お知らせ • Jun 05Protean eGov Technologies Limited Announces Resignation of Sudeep Bhatia as Chief Financial Officer, Effective June 4, 2024Protean eGov Technologies Limited announced that in furtherance to its letter dated March 19, 2024 regarding resignation of Mr. Sudeep Bhatia as Chief Financial Officer (Key Managerial Personnel), the company hereby inform that his last working day is June 4, 2024.
New Risk • May 18New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 157% Dividend yield: 0.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.7% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (157% cash payout ratio).
Reported Earnings • May 08Full year 2024 earnings released: EPS: ₹24.06 (vs ₹26.50 in FY 2023)Full year 2024 results: EPS: ₹24.06 (down from ₹26.50 in FY 2023). Revenue: ₹9.50b (up 28% from FY 2023). Net income: ₹972.9m (down 9.1% from FY 2023). Profit margin: 10% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the IT industry in India.
お知らせ • Apr 28Protean eGov Technologies Limited to Report Q4, 2024 Results on May 07, 2024Protean eGov Technologies Limited announced that they will report Q4, 2024 results on May 07, 2024
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹1,163, the stock trades at a trailing P/E ratio of 42x. Average forward P/E is 27x in the IT industry in India.
お知らせ • Mar 22Protean eGov Technologies Limited Announces Resignation of Sudeep Bhatia as Chief Financial Officer, Effective June 14, 2024Protean eGov Technologies Limited announced that Mr. Sudeep Bhatia - chief financial officer (Key Managerial Personnel), vide his letter dated March 18, 2024, has tendered his resignation. His last working day shall be June 14, 2024. Resignation of Mr. Sudeep Bhatia as Chief Financial Officer to pursue career growth opportunities.
お知らせ • Feb 13Protean eGov Technologies Limited Announces Resignation of Amit Sinha - Executive Vice-President (Group Head - Social Security & Welfare)Protean eGov Technologies Limited announced that Mr. Amit Sinha - Executive Vice-President (Group Head - Social Security & Welfare), vide his letter dated February 12, 2024, has tendered his resignation due to personal reasons. His last working day shall be May 13, 2024.
Reported Earnings • Feb 09Third quarter 2024 earnings releasedThird quarter 2024 results: EPS: ₹3.76. Net income: ₹152.3m (up ₹152.3m from 3Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the IT industry in India.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹1,459, the stock trades at a trailing P/E ratio of 47.2x. Average forward P/E is 26x in the IT industry in India.
お知らせ • Feb 01Protean eGov Technologies Limited to Report Q3, 2024 Results on Feb 07, 2024Protean eGov Technologies Limited announced that they will report Q3, 2024 results on Feb 07, 2024
お知らせ • Jan 24Protean Egov Technologies Limited Announces Resignation of Karan Bhagat as Non-Executive Non-Independent DirectorProtean eGov Technologies Limited announced that Mr. Karan Bhagat (DIN: 03247753), vide his letter dated January 23, 2024, has tendered his resignation as Non-Executive Non-Independent Director of the Company with effect from close of business hours on January 23, 2024 due to pre-occupation and other personal commitments.
Board Change • Nov 14High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Aruna Rao was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
