Protean eGov Technologies Ltd Share Price – NSE  / BSE

IT - Software, Small Cap

Protean eGov Technologies has allotted 4,463 equity shares under ESOP on 18 June 2026. With this allotment, the paid up equity share capital has increased to Rs. 40,62,11,940/- comprising of 4,06,21,194 equity shares of face value of Rs. 10/- each.

His resignation will be effective from the close of business hours on 18 June 2026.

Protean eGov Technologies has been at the forefront of building citizen-scale digital public infrastructure across taxation, social security and identity services. Aligned with India?s open digital infrastructure framework, the company contributes to multisectoral open digital ecosystems spanning e-commerce, transport and mobility, agriculture, insurance, education and skilling, and healthcare.

The company reported revenue from operations of Rs 308 crore in Q4 FY26, up 38% YoY and 34% QoQ. Total income rose 35% YoY and 33% QoQ to Rs 323 crore in the March 2026 quarter.

Shares of Protean eGov Technologies shed 0.32% to close at Rs 632 on the BSE.

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Following the appointment, V Easwaran, who was serving as Interim CEO along with his role as whole-time director (WTD) and chief operating officer (COO), has ceased to be the interim CEO from the same date. He will continue in his role as WTD and COO of the company.

Protean eGov Technologies has been at the forefront of building citizen-scale digital public infrastructure across taxation, social security and identity services. Aligned with India?s open digital infrastructure framework, the company contributes to multisectoral open digital ecosystems spanning e-commerce, transport and mobility, agriculture, insurance, education and skilling, and healthcare.

The company reported revenue from operations of Rs 308 crore in Q4 FY26, up 38% YoY and 34% QoQ. Total income rose 35% YoY and 33% QoQ to Rs 323 crore in the March 2026 quarter.

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The company reported revenue from operations of Rs 308 crore in Q4 FY26, up 38% YoY and 34% QoQ. Total income rose 35% YoY and 33% QoQ to Rs 323 crore in the March 2026 quarter.

EBITDA stood at Rs 53 crore in Q4 FY26, up 55% YoY and 15% QoQ. EBITDA margin improved by 208 basis points YoY to 16.5%, though it declined 249 basis points sequentially. Adjusted profit after tax rose 53% YoY and 18% QoQ to Rs 31 crore.

For FY26, revenue from operations increased 19% to Rs 998 crore, while EBITDA rose 27% to Rs 188 crore. Adjusted PAT climbed 14% to Rs 105 crore.

The company said its balance sheet remained strong with more than Rs 850 crore of cash equivalents and marketable securities and zero debt as of 31 March 2026.

Among business segments, tax services revenue jumped 65% YoY and 56% QoQ to Rs 177 crore in Q4 FY26, supported by higher PAN card issuances ahead of regulatory changes effective from 1 April 2026. CRA services revenue rose 3% YoY and 8% QoQ to Rs 78 crore, while new business revenue surged 95% YoY to Rs 29 crore.

Protean said new businesses contributed 10% of total revenue in FY26 compared with 4% in FY25. The company also highlighted progress in projects such as CERSAI CKYCRR 2.0 and Bima Sugam and said it has rolled out 44 Aadhaar Seva Kendras across 20 states and union territories.

The board recommended a final dividend of Rs 10 per equity share with face value of Rs 10 each for FY26.

Net cash from operating activities stood at Rs 78.47 crore in FY26 compared with Rs 192.71 crore in FY25.

Meanwhile, Ajay Rajan has been appointed as the managing director & chief executive officer of Protean eGov Technologies with effect from 1st June 2026. Prior to joining Protean, he was part of the senior management team at YES Bank, where in his tenure of 8.5 years, he led Transaction & Digital Banking, Government, Multinational and New Economy businesses, IBU and Knowledge Units. Before YES Bank, he served at Deutsche Bank for 21.5 years, with his last role as Global Head of Fintech.

Protean eGov Technologies has been at the forefront of building citizen-scale digital public infrastructure across taxation, social security and identity services. Aligned with India?s open digital infrastructure framework, the company contributes to multisectoral open digital ecosystems spanning e-commerce, transport and mobility, agriculture, insurance, education and skilling, and healthcare.

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