Protean eGov Technologies Limited (IN:PROTEAN)
:PROTEAN
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PROTEAN Stock Chart & Stats
₹558.90
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Market closed
₹558.90
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Day’s Range― - ―
52-Week Range₹445.00 - ₹950.00
Previous CloseN/A
VolumeN/A
Average Volume (3M)17.70K
Market Cap
₹25.32B
Enterprise Value₹24.79B
Total Cash (Recent Filing)₹2.17B
Total Debt (Recent Filing)₹670.10M
Price to Earnings (P/E)25.6
Beta1.40
Next Earnings
Aug 11, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield1.28%
Share Statistics
EPS (TTM)10.91
Shares Outstanding40,616,730
10 Day Avg. Volume14,797
30 Day Avg. Volume17,703
Financial Highlights & Ratios
PEG Ratio2.10
Price to Book (P/B)1.68
Price to Sales (P/S)1.82
P/FCF Ratio19.65
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹825.00Price Target Upside47.61% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)30.2
Revenue Forecast (FY)₹11.13B
Bulls Say, Bears Say
Bulls Say
Platform Business ModelProtean’s core model is delivering and operating government-scale DPI platforms and managed services. That creates recurring revenue, high switching costs and network effects across intermediaries and users, supporting durable demand and predictable fee and transaction income.
Sustained Revenue GrowthTop-line grew materially year-over-year, indicating continued adoption and higher transaction volumes on its platforms. For a platform operator, sustained revenue growth underpins scale economics and recurring fees, enabling reinvestment in products and infrastructure over the medium term.
Conservative Balance SheetVery low debt and rising equity/assets give financial flexibility to fund upgrades, bid for new government programs or withstand policy timing shifts. Low leverage reduces refinancing risk and supports strategic investments without pressuring cash flow in a downturn.
Bears Say
Margin CompressionThe sharp decline in gross and operating margins signals either pricing pressure, higher cost of services, or adverse mix shifts. If persistent, this reduces cash generation and the platform’s ability to fund growth and returns, making profitability recovery critical for long-term value.
Weaker Cash ConversionSignificant fall in operating cash flow and cash conversion versus net income points to working-capital swings or rising operating cash costs. Lower cash conversion constrains self-funded expansion, reduces buffer for program timing, and raises reliance on internal cost improvements.
Moderate ROEROE near 9.3% is stable but modest relative to high-growth tech peers. Persistent mid-single-digit returns on equity may limit long-term investor returns and indicate scope to improve capital efficiency through better margins, higher asset turnover, or differentiated services.
Protean eGov Technologies Limited News
PROTEAN FAQ
What was Protean eGov Technologies Limited’s price range in the past 12 months?
Protean eGov Technologies Limited lowest stock price was ₹445.00 and its highest was ₹950.00 in the past 12 months.
What is Protean eGov Technologies Limited’s market cap?
Protean eGov Technologies Limited’s market cap is ₹25.32B.
When is Protean eGov Technologies Limited’s upcoming earnings report date?
Protean eGov Technologies Limited’s upcoming earnings report date is Aug 11, 2026 which is in 55 days.
How were Protean eGov Technologies Limited’s earnings last quarter?
Protean eGov Technologies Limited released its earnings results on May 20, 2026. The company reported ₹7.49 earnings per share for the quarter, beating the consensus estimate of N/A by ₹7.49.
Is Protean eGov Technologies Limited overvalued?
According to Wall Street analysts Protean eGov Technologies Limited’s price is currently Undervalued.
Does Protean eGov Technologies Limited pay dividends?
Protean eGov Technologies Limited pays a Notavailable dividend of ₹10 which represents an annual dividend yield of 1.28%. See more information on Protean eGov Technologies Limited dividends here
What is Protean eGov Technologies Limited’s EPS estimate?
Protean eGov Technologies Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Protean eGov Technologies Limited have?
Protean eGov Technologies Limited has 40,616,730 shares outstanding.
What happened to Protean eGov Technologies Limited’s price movement after its last earnings report?
Protean eGov Technologies Limited reported an EPS of ₹7.49 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -0.602%.
Which hedge fund is a major shareholder of Protean eGov Technologies Limited?
Currently, no hedge funds are holding shares in IN:PROTEAN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
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.
PROTEAN Stock 12 Month Forecast
Average Price Target
₹825.00
▲(47.61% Upside)
Technical Analysis
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