Protean Tech

Mumbai, India Founded: 1995 • Age: 31 yrs Listed
Digital public infrastructure and e-governance solutions are provided.
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About Protean Tech

Protean Tech is a publicly listed company based in Mumbai (India) founded in 1995. Digital public infrastructure and e-governance solutions are provided. The company has 742 employees. Its chief executive, as recorded, is Bertram Dsouza. Its website proteantech.in draws about 21.3 million monthly visits. Its Indian entity Protean Egov Technologies Limited reported revenue of ₹1,071 Cr. Protean Tech offers products and services including PAN Services, National Pension System, and Aadhaar Authentication. Its focus areas include Business Services, IT Services and E-Governance.

Company details

Protean eGov Technologies was founded in 1995 and is headquartered in Mumbai, India. Operations are centered on the e-governance sector, where digital public infrastructure is supported. Services encompass PAN and TIN management, the national pension system, Aadhaar-related services, eKYC and eSIGN processes, data stack solutions, information security consulting, cloud services tailored for SMEs, and GST compliance tools. These offerings facilitate government and public sector digitization efforts.

  • Headquarters Mumbai, India
  • Employees 742
  • Stage Public
  • Sectors
    Technology
  • Website category Finance · Banking Credit and Lending
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website proteantech.in
  • Social LinkedIn X Facebook Instagram
  • Legal Name Protean Egov Technologies Limited
Operational Areas
Technology → IT Services & Operations
Key Metrics
  • Market Cap
    ₹2,751 Cr

    PROTEAN · NSE

  • Share Price
    ₹643.05

    -4.67% today

  • Revenue
    ₹998 Cr

    FY 2025-26 · +18.7% YoY

  • EBITDA
    ₹111 Cr

    Margin 11.1%

  • Net Profit
    ₹104 Cr

    FY 2025-26 · +12.4% YoY

  • P/E (TTM)
    29.0x

    P/B 2.3x

  • ROE
    9.7%

    ROCE 12.0%

  • Debt / Equity
    0.08

    Interest cover 10.4x

  • Employee Count
    742

Products & Services of Protean Tech

Protean Tech offers a comprehensive portfolio of products and services, including PAN Services, National Pension System, and Aadhaar Authentication.

PAN Services
Tax Modernization

Service for issuing and verifying PAN cards for citizens.

National Pension System
Social Security

Platform for pension enrollment and management in India.

Aadhaar Authentication
Digital Identity

System for secure identity verification and e-KYC services.

Board of directors of Protean Egov Technologies Limited (Protean Tech)

Protean Egov Technologies Limited is the primary company behind Protean Tech. The board of Protean Egov Technologies Limited currently have 8 directors; the longest-serving is Shailesh Vishnubhai Haribhakti, appointed in 2012. 48 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Shailesh Vishnubhai Haribhakti
DIN 00007347
Director23 May 201214 yrs 5 moProtean Egov Technologies Limited
Abhaya Prasad Hota
DIN 02593219
Director16 Sep 20197 yrs 1 moProtean Egov Technologies Limited
Shailesh Sharad Kekre
DIN 07679583
Director31 May 20224 yrs 5 moProtean Egov Technologies Limited
Lloyd Mathias
DIN 02879668
Director28 Jun 20224 yrs 4 moProtean Egov Technologies Limited
Aruna Krishnamurthy Rao
DIN 06986715
Director31 Mar 20233 yrs 7 moProtean Egov Technologies Limited
Easwaran Venkateswaran
DIN 08055728
Whole-time director17 Dec 202510 moProtean Egov Technologies Limited
Nandkumar Saravade
DIN 07601861
Director01 Jun 20265 moProtean Egov Technologies Limited
Ajay Rajan
DIN 09756949
Managing Director01 Jun 20265 moProtean Egov Technologies Limited

People of Protean Tech

49 people are tracked at Protean Tech (27 in leadership, 22 in team); the tracked headcount is 742.

NameRoleGroup
Bertram Dsouza
CEO & CPIOLeadership
Suresh Sethi
CEO & MDLeadership
Rakesh Dosi
Chief Business OfficerLeadership
Gopa Kumar T.N.
Chief Business OfficerLeadership
Jayesh Sule
Whole Time Director & COOLeadership
Kapil Kapoor
Executive Vice President & Chief Risk & Compliance OfficerLeadership
Dattaram Mhadgut
Chief Technology OfficerLeadership
Dipali Sheth
Chief Human Resource OfficerLeadership
Roopa Venkat
Asst. Vice PresidentLeadership
Ankush Deshpande
Senior Vice President Business DevelopmentLeadership
Tejas Desai
Group Head, Internal AuditLeadership
Metessh Bhati
EVP & Chief Digital And AI Officer (cdaio)Leadership
Prabhu Elangovan
Assistant Vice PresidentLeadership
Ashwini Naigaonkar
Head of Systems Architecture & DeliveryLeadership
Dharmesh Parekh
Executive Vice President & CIOLeadership
Hiten Mehta
Head of Business OperationsLeadership
Shreejit Nair
Senior Vice President - Country Head, Government RelationsLeadership
Vikash Karuna
Vice PresidentLeadership
Kshitij Dave
Head - Talent Acquisition - Strategy Processes & ProjectsLeadership
Ranjit Saraf
V.p & Head, Product SolutionsLeadership

29 more people are available in the full profile.

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  • Team structure
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IPO & Listings of Protean Tech

Protean Tech is a publicly listed company on the NSE with ticker symbol PROTEAN in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date06 Feb 2025
  • Listed onNSE: PROTEAN
  • Listed entityProtean eGov Technologies Limited
  • Exchange sectorTechnology services
  • ISININE004A01022
  • Share price₹649.90 (+2.36% on the day) · 2026-10-14
  • Market capitalisation₹2,585 Cr
  • Price to earnings32.1
  • EPS (diluted, trailing year)₹20.26
  • Dividend yield1.59%
  • Volume (last session)215,355

Financials of Protean Tech

Exchange-reported figures of Protean Egov Technologies Limited, the listed company behind Protean Tech (NSE: PROTEAN).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹998 Cr
+18.7% YoY
EBITDA
₹111 Cr
+37.8% YoY
Profit After Tax
₹104 Cr
+12.4% YoY
Net Worth
₹1,077 Cr
+7.9% YoY
Total Assets
₹1,186 Cr
+8.9% YoY
Total Debt
₹87.49 Cr
+27.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue998841882742691603716
Revenue growth+18.7%-4.7%+18.8%+7.4%+14.6%-15.8%-
EBITDA11180.4189.4411812484.82148
EBITDA margin+11.1%+9.6%+10.1%+15.9%+17.9%+14.1%+20.6%
Profit before tax130118128140186116157
Net profit10492.4697.2910711288.52121
Net profit margin+10.4%+11.0%+11.0%+14.4%+16.3%+14.7%+16.9%
EPS (₹)24.7622.8024.0526.4835.6422.9930.30
Balance sheet
Total assets1,1861,089970880816688779
Net worth1,077999926857788668754
Total debt87.4968.5320.797.9211.686.1913.90
Cash & bank18713615113823411550.11
Net working capital18389.86208179314285252
Cash flow
Cash from operations78.4719357.54(7.90)10.9410053.86
Cash from investing(14.37)(159)18.7011.68(139)116(12.90)
Cash from financing(53.87)(42.24)(47.45)(1.31)(1.19)(183)(39.31)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue251308229250211222202220
Revenue growth (YoY)+19.0%+38.4%+13.1%+14.0%+7.3%---
Other income15.4015.3114.4214.6028.5216.5418.8113.57
EBITDA12.4237.2427.8429.3316.4117.8915.7831.63
EBITDA margin+4.9%+12.1%+12.2%+11.7%+7.8%+8.1%+7.8%+14.4%
Depreciation17.5314.0611.2710.3811.048.105.817.14
Interest2.652.081.571.511.521.090.260.49
Profit before tax7.6436.4129.4232.0432.3725.2428.5237.57
Tax1.786.036.928.188.524.845.599.53
Net profit5.8630.3822.5023.8623.8520.4022.9328.04
EPS (₹)1.437.465.525.855.855.005.616.87
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue996841881742691603716
Revenue growth+18.4%-4.5%+18.8%+7.4%+14.6%-15.8%-
EBITDA10380.1492.4111912485.08148
EBITDA margin+10.3%+9.5%+10.5%+16.0%+18.0%+14.1%+20.7%
Profit before tax124119131141186116157
Net profit97.5592.5810010811288.68121
Net profit margin+9.8%+11.0%+11.4%+14.5%+16.3%+14.7%+16.9%
EPS (₹)23.2222.8324.8126.6135.6223.0330.30
Balance sheet
Total assets1,1861,094974882813692779
Net worth1,0771,004930858789668754
Total debt87.4968.5320.797.920.000.0013.90
Cash & bank18113014312822311250.06
Net working capital17484.77202170299202252
Cash flow
Cash from operations85.2519560.0313894.5210053.78
Cash from investing(21.28)(161)15.95(283)74.90154(12.87)
Cash from financing(53.87)(42.24)(47.45)(44.29)(33.63)(183)(39.31)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue250309228250210224202219
Revenue growth (YoY)+19.3%+37.9%+13.1%+13.7%+7.0%---
Other income15.6215.9914.5014.6828.6117.0916.3515.46
Total expenses238283202218191207186187
EBITDA12.1125.4426.8531.6318.7716.2316.2432.22
EBITDA margin+4.8%+8.2%+11.8%+12.7%+8.9%+7.3%+8.0%+14.7%
Depreciation17.3213.8611.0710.1710.847.975.817.14
Interest2.652.081.571.511.521.090.260.49
Profit before tax7.7625.4928.7134.6335.0224.2626.5240.05
Tax1.785.537.058.438.524.845.599.53

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 06 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue251308229250211222202220
Revenue growth (YoY)+19.0%+38.4%+13.1%+14.0%+7.3%---
Other income15.4015.3114.4214.6028.5216.5418.8113.57
EBITDA12.4237.2427.8429.3316.4117.8915.7831.63
EBITDA margin+4.9%+12.1%+12.2%+11.7%+7.8%+8.1%+7.8%+14.4%
Depreciation17.5314.0611.2710.3811.048.105.817.14
Interest2.652.081.571.511.521.090.260.49
Profit before tax7.6436.4129.4232.0432.3725.2428.5237.57
Tax1.786.036.928.188.524.845.599.53
Net profit5.8630.3822.5023.8623.8520.4022.9328.04
EPS (₹)1.437.465.525.855.855.005.616.87
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue998841882742691603716
Revenue growth+18.7%-4.7%+18.8%+7.4%+14.6%-15.8%-
Other income72.8568.1867.5741.6779.2749.0538.49
Total expenses887760793624567518568
Employee cost23318917512378.6875.2768.63
EBITDA11180.4189.4411812484.82148
EBITDA margin+11.1%+9.6%+10.1%+15.9%+17.9%+14.1%+20.6%
Depreciation46.7527.8227.4818.2917.0017.2827.46
Interest6.682.341.670.930.480.941.62
Profit before tax130118128140186116157
Tax29.6525.9730.5733.3841.6923.3535.96
Net profit10492.4697.2910711288.52121
Net profit margin+10.4%+11.0%+11.0%+14.4%+16.3%+14.7%+16.9%
EPS (₹)24.7622.8024.0526.4835.6422.9930.30
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital40.6240.5540.4540.4240.3840.1440.01
Reserves & surplus1,037958886817748628714
Shareholders' funds (net worth)1,077999926857788668754
Minority interest0.000.00(0.19)(0.19)(0.19)(0.18)(0.18)
Secured loans0.000.000.000.000.000.000.00
Unsecured loans87.4968.5320.797.9211.686.1913.90
Total debt87.4968.5320.797.9211.686.1913.90
Total liabilities1,1861,089970880816688779
Assets
Gross block445403315270257233229
Net block16715386.0163.3164.5456.8163.56
Capital work in progress19.4810.5813.1011.434.491.425.43
Investments638661550529364285406
Inventories0.000.000.000.000.000.000.00
Sundry debtors205144189209200198211
Cash & bank balances18713615113823411550.11
Loans & advances79.7427.1782.7756.0652.33146152
Total current assets471307423402486459413
Total current liabilities288218215224172174161
Net working capital18389.86208179314285252
Total assets1,1861,089970880816688779
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash37.8545.9317.1417.1420741.0439.39
Net cash from operating activities78.4719357.54(7.90)10.9410053.86
Net cash from investing activities(14.37)(159)18.7011.68(139)116(12.90)
Net cash from financing activities(53.87)(42.24)(47.45)(1.31)(1.19)(183)(39.31)
Net change in cash10.23(8.08)28.792.47(129)32.421.65
Closing cash18713615113823411550.11
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+18.7%-4.7%+18.8%+7.4%+14.6%-15.8%-
EBITDA growth+37.8%-10.1%-24.2%-4.7%+46.0%-42.6%-
PBT growth+10.0%-7.4%-8.9%-24.4%+60.5%-26.4%-12.9%
Net income growth+12.4%-5.0%-9.1%-4.8%+27.0%-27.0%-
Revenue CAGR (3Y)+10.4%+6.8%+13.5%+1.2%-2.9%--
EBITDA CAGR (3Y)-2.1%-13.4%+1.8%-7.2%-11.2%--
Profitability & leverage
Net income margin+10.1%+11.0%+11.0%+14.4%+20.8%+15.3%+16.9%
Return on capital employed+12.0%+11.7%+14.0%+16.7%+18.9%+15.9%+21.5%
Return on net worth+9.7%+9.6%+10.9%+13.0%+15.5%+13.0%+17.1%
Debt / equity0.080.050.020.010.010.010.02
Long-term debt / equity0.060.040.010.010.010.010.01
Interest cover10.434.452.700.930.451.391.35
Efficiency & per share
Fixed asset turnover2.352.343.022.822.822.612.59
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover5.725.044.433.633.472.953.65
EPS (₹)24.7622.8024.0526.4835.6422.9930.30
Dividend per share (₹)10.0010.0010.0010.0045.000.000.00
Book value per share (₹)265.23246.31228.97212.05195.17166.38188.38
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue250309228250210224202219
Revenue growth (YoY)+19.3%+37.9%+13.1%+13.7%+7.0%---
Other income15.6215.9914.5014.6828.6117.0916.3515.46
Total expenses238283202218191207186187
EBITDA12.1125.4426.8531.6318.7716.2316.2432.22
EBITDA margin+4.8%+8.2%+11.8%+12.7%+8.9%+7.3%+8.0%+14.7%
Depreciation17.3213.8611.0710.1710.847.975.817.14
Interest2.652.081.571.511.521.090.260.49
Profit before tax7.7625.4928.7134.6335.0224.2626.5240.05
Tax1.785.537.058.438.524.845.599.53
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue996841881742691603716
Revenue growth+18.4%-4.5%+18.8%+7.4%+14.6%-15.8%-
Other income73.7868.4467.6641.1778.8049.0238.49
Total expenses894761788623567518568
Employee cost22718817212178.6975.2768.63
EBITDA10380.1492.4111912485.08148
EBITDA margin+10.3%+9.5%+10.5%+16.0%+18.0%+14.1%+20.7%
Depreciation45.9427.6927.4818.2816.8417.2827.47
Interest6.682.341.670.930.480.941.62
Profit before tax124119131141186116157
Tax29.5325.9730.5733.3641.6523.4236.04
Net profit97.5592.5810010811288.68121
Net profit margin+9.8%+11.0%+11.4%+14.5%+16.3%+14.7%+16.9%
EPS (₹)23.2222.8324.8126.6135.6223.0330.30
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital40.6240.5540.4540.4240.3840.1440.01
Reserves & surplus1,036963890818748628714
Shareholders' funds (net worth)1,0771,004930858789668754
Secured loans0.000.000.000.000.000.000.00
Unsecured loans87.4968.5320.797.920.000.0013.90
Total debt87.4968.5320.797.920.000.0013.90
Total liabilities1,1861,094974882813692779
Assets
Gross block442399315270240227229
Net block16415086.0163.3152.3650.7163.55
Capital work in progress19.4810.5810.5710.724.491.425.43
Investments649674563540375288406
Inventories0.000.000.000.000.000.000.00
Sundry debtors203145189209200198211
Cash & bank balances18113014312822311250.06
Loans & advances81.0430.2584.1856.1852.1463.85152
Total current assets465305416393475374413
Total current liabilities291220214223176171161
Net working capital17484.77202170299202252
Total assets1,1861,094974882813692779
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash37.3545.6017.0720670.4640.9939.39
Net cash from operating activities85.2519560.0313894.5210053.78
Net cash from investing activities(21.28)(161)15.95(283)74.90154(12.87)
Net cash from financing activities(53.87)(42.24)(47.45)(44.29)(33.63)(183)(39.31)
Net change in cash10.10(8.25)28.53(189)13671.171.60
Closing cash18113014312822311250.06
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+18.4%-4.5%+18.8%+7.4%+14.6%-15.8%-
EBITDA growth+28.1%-13.3%-22.3%-4.1%+45.8%-42.5%-
PBT growth+4.5%-9.5%-7.1%-24.0%+60.1%-26.3%-13.5%
Net income growth+5.4%-7.7%-6.7%-4.3%+26.7%-26.9%-
Revenue CAGR (3Y)+10.3%+6.8%+13.5%+1.2%-3.0%-12.4%-
EBITDA CAGR (3Y)-4.8%-13.6%+2.8%-7.0%-9.5%-22.2%-
Profitability & leverage
Net income margin+9.5%+11.0%+11.4%+14.5%+20.8%+15.3%+16.9%
Return on capital employed+11.5%+11.7%+14.3%+16.7%+18.9%+15.9%+21.9%
Return on net worth+9.1%+9.6%+11.2%+13.1%+15.4%+13.0%+17.1%
Debt / equity0.070.050.020.000.000.010.01
Long-term debt / equity0.060.040.010.000.000.000.00
Interest cover11.774.462.570.920.451.391.35
Efficiency & per share
Fixed asset turnover2.372.353.012.912.962.652.73
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover5.745.044.433.633.472.953.65
EPS (₹)23.2222.8324.8126.6135.6223.0330.30
Dividend per share (₹)10.0010.0010.0010.0035.000.000.00
Book value per share (₹)265.13247.47229.98212.31195.31166.50188.40

Web traffic of Protean Tech

The website of Protean Tech (proteantech.in) receives about 21.3M visits a month and ranks #1,856 among all websites worldwide, #108 in Banking Credit and Lending.

  • Monthly visits
    21.3M

    ▲ 20.4% vs previous month

  • Unique visitors
    5.7M

    per month

  • Global rank
    #1,856

    among all websites

  • Category rank
    #108

    Finance · Banking Credit and Lending

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Related news about Protean Tech

PROTEAN: Q2 EBITDA 243.5M RUPEES VS 293.3M (YOY); Q2 EBITDA MARGIN 8.99% VS 11.71% (YOY)
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Protean launches next-generation KYC Onboarding & Reporting Solution at Global Fintech Fest 2026 - The Wire
The Wire • 1 month ago
Protean eGov Eyes Global Expansion with 'DPI-in-a-box', Steps Up Private Sector Push
Moneycontrol • 1 month ago
Protean eGov Technologies bags Rs 6-cr order from Arunachal Pradesh govt | Capital Market News - Business Standard
Business Standard • 2 months ago
Protean Egov Technologies Gets Order Worth 59.9 Million Rupees
Reuters • 2 months ago
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Frequently Asked Questions about Protean Tech

Protean Tech was founded in 1995.

Protean Tech is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Bertram Dsouza is the CEO of Protean Tech, as recorded in our data.

Protean Tech has 742 employees.

The primary company behind Protean Tech, Protean Egov Technologies Limited, reported revenue of ₹1,071 Cr for FY 2026, up 19% year on year.

Protean eGov Technologies was founded in 1995 and is headquartered in Mumbai, India. Operations are centered on the e-governance sector, where digital public infrastructure is supported. Services encompass PAN and TIN management, the national pension system, Aadhaar-related services, eKYC and eSIGN processes, data stack solutions, information security consulting, cloud services tailored for SMEs, and GST compliance tools. These offerings facilitate government and public sector digitization efforts.

Protean Tech offers PAN Services, National Pension System, and Aadhaar Authentication.

Yes, Protean Tech is publicly traded on NSE under the ticker symbol PROTEAN.

Protean Tech operates through Protean Egov Technologies Limited.

The legal entities of Protean Tech currently have 10 directors, including Abhaya Prasad Hota, Shailesh Vishnubhai Haribhakti, Lloyd Mathias and others.

The website of Protean Tech receives about 21.3 million visits a month and ranks #1,856 among all websites worldwide.

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