Protean eGov Technologies Share Price

Appointment marks the next phase of growth across Digital Public Infrastructure, AI-enabled enterprise solutions and international markets

• Business Line
• 1 week 4 days ago

IT Consulting & Software company Protean eGov Technologies announced Q4FY26 & FY26 results Consolidated Financial Highlights: Total Income: Reported at Rs 322.85 crore for Q4FY26, reflecting a QoQ increase of 32.70% (from Rs 243.29 crore in Q3FY26) and a YoY increase of 35.26% (from Rs 238.69 crore in Q4FY25). For FY26, total income stood at Rs 1,070.60 crore, up by 17.79% YoY compared to Rs 908.88 crore in FY25. Revenue from Operations: Stood at Rs 307.54 crore for Q4FY26, an increase of 34.37% QoQ (from Rs 228.87 crore in Q3FY26) and 38.44% YoY (from Rs 222.15 crore in Q4FY25). For FY26, it was Rs 997.75 crore, up by 18.68% YoY from Rs 840.70 crore in FY25. Net Profit: Reached Rs 30.38 crore in Q4FY26, registering a QoQ growth of 35.02% (from Rs 22.50 crore in Q3FY26) and a YoY growth of 48.92% (from Rs 20.40 crore in Q4FY25). For FY26, net profit was Rs 100.59 crore, up by 8.79% YoY from Rs 92.46 crore in FY25. Standalone Financial Highlights: Total Income: Reported at Rs 324.54 crore for Q4FY26, registering a QoQ increase of 33.61% (from Rs 242.90 crore in Q3FY26) and a YoY increase of 34.77% (from Rs 240.81 crore in Q4FY25). For FY26, total income was Rs 1,070.21 crore, an increase of 17.63% YoY from Rs 909.81 crore in FY25. Revenue from Operations: Stood at Rs 308.55 crore for Q4FY26, up by 35.09% QoQ (from Rs 228.40 crore in Q3FY26) and 37.92% YoY (from Rs 223.72 crore in Q4FY25). For FY26, it was Rs 996.43 crore, a YoY increase of 18.43% from Rs 841.37 crore in FY25. Net Profit: Stood at Rs 19.96 crore for Q4FY26, showing a QoQ decline of 7.85% (from Rs 21.66 crore in Q3FY26) but a YoY increase of 2.78% (from Rs 19.42 crore in Q4FY25). For FY26, net profit was Rs 94.32 crore, a slight increase of 1.88% YoY from Rs 92.58 crore in FY25. Business Highlights: Dividend: The Board of Directors recommended a final dividend of Rs 10/- per share for the financial year ended 31 March 2026, subject to approval by the shareholders. Scheme of Arrangement: A scheme for the demerger of the Governance, Risk & Compliance (GRC) and Security Operations Centre (SOC) businesses from its wholly-owned subsidiary, Protean Infosec Services Limited, into the Company became effective on 12 March 2026, with an appointed date of 1 April 2025. Previous years' figures have been restated to include these demerged undertakings. Statutory Impact: Due to the notification of the four Labour Codes by the Government of India, the Company recognized a non-recurring "Statutory impact of new labour codes" of Rs 4.70 Crore (Consolidated) and Rs 4.70 Crore (Standalone) as an exceptional item for the year ended 31 March 2026. Employee Stock Options: During the year ended 31 March 2026, the Company granted 1,63,976 new stock options and allotted 68,492 equity shares upon exercise of options under the Employee Stock Option Plan - 2017. V Easwaran, WTD, COO & Interim CEO, said: “FY26 was a landmark year for Protean, with strong growth across our core businesses and meaningful progress in diversification beyond legacy business verticals. While Tax and CRA Services continued to demonstrate resilient growth, increasing traction across Identity and New Businesses reflects the Company’s growing role in enabling next-generation Digital Public Infrastructure. As India’s DPI ecosystem continues to evolve, Protean remains uniquely positioned at the intersection of technology, inclusion and population-scale digital infrastructure. Our focus continues to be on building resilient, future-ready platforms that enable trusted digital access for citizens, institutions and governments alike. As we enter the next phase of growth, we are delighted to welcome Mr. Ajay Rajan as the Managing Director & CEO of Protean. With his extensive experience across banking, digital transformation and working with fintech ecosystem, we believe Protean is well positioned to further strengthen its leadership in India’s evolving digital economy. With a strong balance sheet, growing diversification across emerging sectors and increasing relevance in national digital infrastructure initiatives, we remain confident in our ability to create long-term value for all stakeholders while contributing meaningfully to India’s digital and financial inclusion agenda.” Result PDF

• Trendlyne
• 3 weeks 4 days ago

Protean eGov Technologies saw its shares jump significantly on Thursday. This surge followed the company's announcement of its best-ever quarterly and annual financial results. Strong performance was noted across all business segments. The company reported a substantial increase in net profit and revenue for the quarter and the full fiscal year. Protean eGov also declared a final dividend for shareholders.

• Economic Times
• 3 weeks 4 days ago