
About Protean Egov Technologies Limited
Data last updated:
Protean Egov Technologies Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L72900MH1995PLC095642. It is a listed company.
The company has an authorised share capital of ₹500 Cr and a paid-up capital of ₹40.62 Cr. It was formerly known as Nsdl E-Governance Infrastructure Limited and National Securities Depository Limited. It is led by directors including Ajay Rajan (Managing Director) and Easwaran Venkateswaran (Whole-Time Director).
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Times Tower 1st Floor Kamala Mills Compound Senapati Bapat Marg Lower Parel Mumbai, Maharashtra, India – 400013.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹997.75 Cr, a growth of 18.7% compared to the previous year. For the same year it recorded a net profit of ₹103.89 Cr (net margin 10.4%) and EBITDA of ₹110.82 Cr (EBITDA margin 11.1%). The net worth stands at ₹1,077.35 Cr (up 7.9% YoY). Total assets are valued at ₹1,185.96 Cr (up 8.9% YoY).
The company has about 710 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 4 brands: Vidya Lakshmi, Protean PAN Services, Protean Tech and Central Record Keeping Agency. Court records list 23 cases involving the company, including 5 filed by the company and 3 filed against it; 7 cases are pending. The company has 30 deals on record (19 market trades, 10 secondary share transfers, 1 ipo); the latest was in June 2026. Its 10 peer companies in the Information Technology industry (IT Consulting and Services) are compared by revenue, 5 larger and 5 smaller; the largest is Infogain India Private Limited with revenue of ₹935.48 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website proteantech.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressTimes Tower 1st Floor Kamala Mills Compound Senapati Bapat Marg Lower Parel Mumbai, Maharashtra, India – 400013
- IndustryInformation Technology, IT Consulting & Support Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Protean Egov Technologies Limited
The main business activity of Protean Egov Technologies is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Protean Egov Technologies Limited FY 2025-26 filings available
Protean Egov Technologies Limited reported revenue of ₹997.75 Cr (up 18.7% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 998 | 841 | 882 | 742 | 691 | 603 | 716 |
| Revenue growth | +18.7% | -4.7% | +18.8% | +7.4% | +14.6% | -15.8% | - |
| EBITDA | 111 | 80.41 | 89.44 | 118 | 124 | 84.82 | 148 |
| EBITDA margin | +11.1% | +9.6% | +10.1% | +15.9% | +17.9% | +14.1% | +20.6% |
| Profit before tax | 130 | 118 | 128 | 140 | 186 | 116 | 157 |
| Net profit | 104 | 92.46 | 97.29 | 107 | 112 | 88.52 | 121 |
| Net profit margin | +10.4% | +11.0% | +11.0% | +14.4% | +16.3% | +14.7% | +16.9% |
| EPS (₹) | 24.76 | 22.80 | 24.05 | 26.48 | 35.64 | 22.99 | 30.30 |
| Balance sheet | |||||||
| Total assets | 1,186 | 1,089 | 970 | 880 | 816 | 688 | 779 |
| Net worth | 1,077 | 999 | 926 | 857 | 788 | 668 | 754 |
| Total debt | 87.49 | 68.53 | 20.79 | 7.92 | 11.68 | 6.19 | 13.90 |
| Cash & bank | 187 | 136 | 151 | 138 | 234 | 115 | 50.11 |
| Net working capital | 183 | 89.86 | 208 | 179 | 314 | 285 | 252 |
| Cash flow | |||||||
| Cash from operations | 78.47 | 193 | 57.54 | (7.90) | 10.94 | 100 | 53.86 |
| Cash from investing | (14.37) | (159) | 18.70 | 11.68 | (139) | 116 | (12.90) |
| Cash from financing | (53.87) | (42.24) | (47.45) | (1.31) | (1.19) | (183) | (39.31) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 251 | 308 | 229 | 250 | 211 | 222 | 202 | 220 |
| Revenue growth (YoY) | +19.0% | +38.4% | +13.1% | +14.0% | +7.3% | - | - | - |
| Other income | 15.40 | 15.31 | 14.42 | 14.60 | 28.52 | 16.54 | 18.81 | 13.57 |
| EBITDA | 12.42 | 37.24 | 27.84 | 29.33 | 16.41 | 17.89 | 15.78 | 31.63 |
| EBITDA margin | +4.9% | +12.1% | +12.2% | +11.7% | +7.8% | +8.1% | +7.8% | +14.4% |
| Depreciation | 17.53 | 14.06 | 11.27 | 10.38 | 11.04 | 8.10 | 5.81 | 7.14 |
| Interest | 2.65 | 2.08 | 1.57 | 1.51 | 1.52 | 1.09 | 0.26 | 0.49 |
| Profit before tax | 7.64 | 36.41 | 29.42 | 32.04 | 32.37 | 25.24 | 28.52 | 37.57 |
| Tax | 1.78 | 6.03 | 6.92 | 8.18 | 8.52 | 4.84 | 5.59 | 9.53 |
| Net profit | 5.86 | 30.38 | 22.50 | 23.86 | 23.85 | 20.40 | 22.93 | 28.04 |
| EPS (₹) | 1.43 | 7.46 | 5.52 | 5.85 | 5.85 | 5.00 | 5.61 | 6.87 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 996 | 841 | 881 | 742 | 691 | 603 | 716 |
| Revenue growth | +18.4% | -4.5% | +18.8% | +7.4% | +14.6% | -15.8% | - |
| EBITDA | 103 | 80.14 | 92.41 | 119 | 124 | 85.08 | 148 |
| EBITDA margin | +10.3% | +9.5% | +10.5% | +16.0% | +18.0% | +14.1% | +20.7% |
| Profit before tax | 124 | 119 | 131 | 141 | 186 | 116 | 157 |
| Net profit | 97.55 | 92.58 | 100 | 108 | 112 | 88.68 | 121 |
| Net profit margin | +9.8% | +11.0% | +11.4% | +14.5% | +16.3% | +14.7% | +16.9% |
| EPS (₹) | 23.22 | 22.83 | 24.81 | 26.61 | 35.62 | 23.03 | 30.30 |
| Balance sheet | |||||||
| Total assets | 1,186 | 1,094 | 974 | 882 | 813 | 692 | 779 |
| Net worth | 1,077 | 1,004 | 930 | 858 | 789 | 668 | 754 |
| Total debt | 87.49 | 68.53 | 20.79 | 7.92 | 0.00 | 0.00 | 13.90 |
| Cash & bank | 181 | 130 | 143 | 128 | 223 | 112 | 50.06 |
| Net working capital | 174 | 84.77 | 202 | 170 | 299 | 202 | 252 |
| Cash flow | |||||||
| Cash from operations | 85.25 | 195 | 60.03 | 138 | 94.52 | 100 | 53.78 |
| Cash from investing | (21.28) | (161) | 15.95 | (283) | 74.90 | 154 | (12.87) |
| Cash from financing | (53.87) | (42.24) | (47.45) | (44.29) | (33.63) | (183) | (39.31) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 250 | 309 | 228 | 250 | 210 | 224 | 202 | 219 |
| Revenue growth (YoY) | +19.3% | +37.9% | +13.1% | +13.7% | +7.0% | - | - | - |
| Other income | 15.62 | 15.99 | 14.50 | 14.68 | 28.61 | 17.09 | 16.35 | 15.46 |
| Total expenses | 238 | 283 | 202 | 218 | 191 | 207 | 186 | 187 |
| EBITDA | 12.11 | 25.44 | 26.85 | 31.63 | 18.77 | 16.23 | 16.24 | 32.22 |
| EBITDA margin | +4.8% | +8.2% | +11.8% | +12.7% | +8.9% | +7.3% | +8.0% | +14.7% |
| Depreciation | 17.32 | 13.86 | 11.07 | 10.17 | 10.84 | 7.97 | 5.81 | 7.14 |
| Interest | 2.65 | 2.08 | 1.57 | 1.51 | 1.52 | 1.09 | 0.26 | 0.49 |
| Profit before tax | 7.76 | 25.49 | 28.71 | 34.63 | 35.02 | 24.26 | 26.52 | 40.05 |
| Tax | 1.78 | 5.53 | 7.05 | 8.43 | 8.52 | 4.84 | 5.59 | 9.53 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 251 | 308 | 229 | 250 | 211 | 222 | 202 | 220 |
| Revenue growth (YoY) | +19.0% | +38.4% | +13.1% | +14.0% | +7.3% | - | - | - |
| Other income | 15.40 | 15.31 | 14.42 | 14.60 | 28.52 | 16.54 | 18.81 | 13.57 |
| EBITDA | 12.42 | 37.24 | 27.84 | 29.33 | 16.41 | 17.89 | 15.78 | 31.63 |
| EBITDA margin | +4.9% | +12.1% | +12.2% | +11.7% | +7.8% | +8.1% | +7.8% | +14.4% |
| Depreciation | 17.53 | 14.06 | 11.27 | 10.38 | 11.04 | 8.10 | 5.81 | 7.14 |
| Interest | 2.65 | 2.08 | 1.57 | 1.51 | 1.52 | 1.09 | 0.26 | 0.49 |
| Profit before tax | 7.64 | 36.41 | 29.42 | 32.04 | 32.37 | 25.24 | 28.52 | 37.57 |
| Tax | 1.78 | 6.03 | 6.92 | 8.18 | 8.52 | 4.84 | 5.59 | 9.53 |
| Net profit | 5.86 | 30.38 | 22.50 | 23.86 | 23.85 | 20.40 | 22.93 | 28.04 |
| EPS (₹) | 1.43 | 7.46 | 5.52 | 5.85 | 5.85 | 5.00 | 5.61 | 6.87 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 998 | 841 | 882 | 742 | 691 | 603 | 716 |
| Revenue growth | +18.7% | -4.7% | +18.8% | +7.4% | +14.6% | -15.8% | - |
| Other income | 72.85 | 68.18 | 67.57 | 41.67 | 79.27 | 49.05 | 38.49 |
| Total expenses | 887 | 760 | 793 | 624 | 567 | 518 | 568 |
| Employee cost | 233 | 189 | 175 | 123 | 78.68 | 75.27 | 68.63 |
| EBITDA | 111 | 80.41 | 89.44 | 118 | 124 | 84.82 | 148 |
| EBITDA margin | +11.1% | +9.6% | +10.1% | +15.9% | +17.9% | +14.1% | +20.6% |
| Depreciation | 46.75 | 27.82 | 27.48 | 18.29 | 17.00 | 17.28 | 27.46 |
| Interest | 6.68 | 2.34 | 1.67 | 0.93 | 0.48 | 0.94 | 1.62 |
| Profit before tax | 130 | 118 | 128 | 140 | 186 | 116 | 157 |
| Tax | 29.65 | 25.97 | 30.57 | 33.38 | 41.69 | 23.35 | 35.96 |
| Net profit | 104 | 92.46 | 97.29 | 107 | 112 | 88.52 | 121 |
| Net profit margin | +10.4% | +11.0% | +11.0% | +14.4% | +16.3% | +14.7% | +16.9% |
| EPS (₹) | 24.76 | 22.80 | 24.05 | 26.48 | 35.64 | 22.99 | 30.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 40.62 | 40.55 | 40.45 | 40.42 | 40.38 | 40.14 | 40.01 |
| Reserves & surplus | 1,037 | 958 | 886 | 817 | 748 | 628 | 714 |
| Shareholders' funds (net worth) | 1,077 | 999 | 926 | 857 | 788 | 668 | 754 |
| Minority interest | 0.00 | 0.00 | (0.19) | (0.19) | (0.19) | (0.18) | (0.18) |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 87.49 | 68.53 | 20.79 | 7.92 | 11.68 | 6.19 | 13.90 |
| Total debt | 87.49 | 68.53 | 20.79 | 7.92 | 11.68 | 6.19 | 13.90 |
| Total liabilities | 1,186 | 1,089 | 970 | 880 | 816 | 688 | 779 |
| Assets | |||||||
| Gross block | 445 | 403 | 315 | 270 | 257 | 233 | 229 |
| Net block | 167 | 153 | 86.01 | 63.31 | 64.54 | 56.81 | 63.56 |
| Capital work in progress | 19.48 | 10.58 | 13.10 | 11.43 | 4.49 | 1.42 | 5.43 |
| Investments | 638 | 661 | 550 | 529 | 364 | 285 | 406 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 205 | 144 | 189 | 209 | 200 | 198 | 211 |
| Cash & bank balances | 187 | 136 | 151 | 138 | 234 | 115 | 50.11 |
| Loans & advances | 79.74 | 27.17 | 82.77 | 56.06 | 52.33 | 146 | 152 |
| Total current assets | 471 | 307 | 423 | 402 | 486 | 459 | 413 |
| Total current liabilities | 288 | 218 | 215 | 224 | 172 | 174 | 161 |
| Net working capital | 183 | 89.86 | 208 | 179 | 314 | 285 | 252 |
| Total assets | 1,186 | 1,089 | 970 | 880 | 816 | 688 | 779 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 37.85 | 45.93 | 17.14 | 17.14 | 207 | 41.04 | 39.39 |
| Net cash from operating activities | 78.47 | 193 | 57.54 | (7.90) | 10.94 | 100 | 53.86 |
| Net cash from investing activities | (14.37) | (159) | 18.70 | 11.68 | (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 cash | 10.23 | (8.08) | 28.79 | 2.47 | (129) | 32.42 | 1.65 |
| Closing cash | 187 | 136 | 151 | 138 | 234 | 115 | 50.11 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 / equity | 0.08 | 0.05 | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 |
| Long-term debt / equity | 0.06 | 0.04 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Interest cover | 10.43 | 4.45 | 2.70 | 0.93 | 0.45 | 1.39 | 1.35 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.35 | 2.34 | 3.02 | 2.82 | 2.82 | 2.61 | 2.59 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 5.72 | 5.04 | 4.43 | 3.63 | 3.47 | 2.95 | 3.65 |
| EPS (₹) | 24.76 | 22.80 | 24.05 | 26.48 | 35.64 | 22.99 | 30.30 |
| Dividend per share (₹) | 10.00 | 10.00 | 10.00 | 10.00 | 45.00 | 0.00 | 0.00 |
| Book value per share (₹) | 265.23 | 246.31 | 228.97 | 212.05 | 195.17 | 166.38 | 188.38 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 250 | 309 | 228 | 250 | 210 | 224 | 202 | 219 |
| Revenue growth (YoY) | +19.3% | +37.9% | +13.1% | +13.7% | +7.0% | - | - | - |
| Other income | 15.62 | 15.99 | 14.50 | 14.68 | 28.61 | 17.09 | 16.35 | 15.46 |
| Total expenses | 238 | 283 | 202 | 218 | 191 | 207 | 186 | 187 |
| EBITDA | 12.11 | 25.44 | 26.85 | 31.63 | 18.77 | 16.23 | 16.24 | 32.22 |
| EBITDA margin | +4.8% | +8.2% | +11.8% | +12.7% | +8.9% | +7.3% | +8.0% | +14.7% |
| Depreciation | 17.32 | 13.86 | 11.07 | 10.17 | 10.84 | 7.97 | 5.81 | 7.14 |
| Interest | 2.65 | 2.08 | 1.57 | 1.51 | 1.52 | 1.09 | 0.26 | 0.49 |
| Profit before tax | 7.76 | 25.49 | 28.71 | 34.63 | 35.02 | 24.26 | 26.52 | 40.05 |
| Tax | 1.78 | 5.53 | 7.05 | 8.43 | 8.52 | 4.84 | 5.59 | 9.53 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 996 | 841 | 881 | 742 | 691 | 603 | 716 |
| Revenue growth | +18.4% | -4.5% | +18.8% | +7.4% | +14.6% | -15.8% | - |
| Other income | 73.78 | 68.44 | 67.66 | 41.17 | 78.80 | 49.02 | 38.49 |
| Total expenses | 894 | 761 | 788 | 623 | 567 | 518 | 568 |
| Employee cost | 227 | 188 | 172 | 121 | 78.69 | 75.27 | 68.63 |
| EBITDA | 103 | 80.14 | 92.41 | 119 | 124 | 85.08 | 148 |
| EBITDA margin | +10.3% | +9.5% | +10.5% | +16.0% | +18.0% | +14.1% | +20.7% |
| Depreciation | 45.94 | 27.69 | 27.48 | 18.28 | 16.84 | 17.28 | 27.47 |
| Interest | 6.68 | 2.34 | 1.67 | 0.93 | 0.48 | 0.94 | 1.62 |
| Profit before tax | 124 | 119 | 131 | 141 | 186 | 116 | 157 |
| Tax | 29.53 | 25.97 | 30.57 | 33.36 | 41.65 | 23.42 | 36.04 |
| Net profit | 97.55 | 92.58 | 100 | 108 | 112 | 88.68 | 121 |
| Net profit margin | +9.8% | +11.0% | +11.4% | +14.5% | +16.3% | +14.7% | +16.9% |
| EPS (₹) | 23.22 | 22.83 | 24.81 | 26.61 | 35.62 | 23.03 | 30.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 40.62 | 40.55 | 40.45 | 40.42 | 40.38 | 40.14 | 40.01 |
| Reserves & surplus | 1,036 | 963 | 890 | 818 | 748 | 628 | 714 |
| Shareholders' funds (net worth) | 1,077 | 1,004 | 930 | 858 | 789 | 668 | 754 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 87.49 | 68.53 | 20.79 | 7.92 | 0.00 | 0.00 | 13.90 |
| Total debt | 87.49 | 68.53 | 20.79 | 7.92 | 0.00 | 0.00 | 13.90 |
| Total liabilities | 1,186 | 1,094 | 974 | 882 | 813 | 692 | 779 |
| Assets | |||||||
| Gross block | 442 | 399 | 315 | 270 | 240 | 227 | 229 |
| Net block | 164 | 150 | 86.01 | 63.31 | 52.36 | 50.71 | 63.55 |
| Capital work in progress | 19.48 | 10.58 | 10.57 | 10.72 | 4.49 | 1.42 | 5.43 |
| Investments | 649 | 674 | 563 | 540 | 375 | 288 | 406 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 203 | 145 | 189 | 209 | 200 | 198 | 211 |
| Cash & bank balances | 181 | 130 | 143 | 128 | 223 | 112 | 50.06 |
| Loans & advances | 81.04 | 30.25 | 84.18 | 56.18 | 52.14 | 63.85 | 152 |
| Total current assets | 465 | 305 | 416 | 393 | 475 | 374 | 413 |
| Total current liabilities | 291 | 220 | 214 | 223 | 176 | 171 | 161 |
| Net working capital | 174 | 84.77 | 202 | 170 | 299 | 202 | 252 |
| Total assets | 1,186 | 1,094 | 974 | 882 | 813 | 692 | 779 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 37.35 | 45.60 | 17.07 | 206 | 70.46 | 40.99 | 39.39 |
| Net cash from operating activities | 85.25 | 195 | 60.03 | 138 | 94.52 | 100 | 53.78 |
| Net cash from investing activities | (21.28) | (161) | 15.95 | (283) | 74.90 | 154 | (12.87) |
| Net cash from financing activities | (53.87) | (42.24) | (47.45) | (44.29) | (33.63) | (183) | (39.31) |
| Net change in cash | 10.10 | (8.25) | 28.53 | (189) | 136 | 71.17 | 1.60 |
| Closing cash | 181 | 130 | 143 | 128 | 223 | 112 | 50.06 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 / equity | 0.07 | 0.05 | 0.02 | 0.00 | 0.00 | 0.01 | 0.01 |
| Long-term debt / equity | 0.06 | 0.04 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 11.77 | 4.46 | 2.57 | 0.92 | 0.45 | 1.39 | 1.35 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.37 | 2.35 | 3.01 | 2.91 | 2.96 | 2.65 | 2.73 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 5.74 | 5.04 | 4.43 | 3.63 | 3.47 | 2.95 | 3.65 |
| EPS (₹) | 23.22 | 22.83 | 24.81 | 26.61 | 35.62 | 23.03 | 30.30 |
| Dividend per share (₹) | 10.00 | 10.00 | 10.00 | 10.00 | 35.00 | 0.00 | 0.00 |
| Book value per share (₹) | 265.13 | 247.47 | 229.98 | 212.31 | 195.31 | 166.50 | 188.40 |
Peer Comparison of Protean Egov Technologies Limited
Protean Egov Technologies Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Protean Egov Technologies Limited this company | ₹997.75 Cr (FY 2026) | •••• | •••• | 18.7% | •••• | Mumbai, Maharashtra, India |
| Infogain India Private Limited | ₹935.48 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Noida, Uttar Pradesh, India |
| Wysetek Systems Technologists Private Limited | ₹932.61 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Latent View Analytics Limited Listed | ₹916.78 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Chennai, Tamil Nadu, India |
| Trigyn Technologies Limited Listed | ₹915.79 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Mumbai, Maharashtra, India |
| NTT Data Business Solutions Private Limited | ₹911.02 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Hyderabad, Telangana, India |
| Saksoft Limited Listed | ₹899.84 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Chennai, Tamil Nadu, India |
| Broadcom Communications Technologies Private Limited | ₹897.03 Cr (FY 2017) | •••• | •••• | -12.0% | •••• | Bangalore, Karnataka, India |
| Qburst Technologies Private Limited | ₹895.88 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Thiruvananthapuram, Kerala, India |
| Macquarie Global Services Private Limited | ₹894.4 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Entain Comptech (India) Private Limited | ₹893.73 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Protean Egov Technologies by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Protean Egov Technologies Limited
Protean Egov Technologies Limited is audited by B S R & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Protean Egov Technologies Limited
Protean Egov Technologies has 8 current directors and 47 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailesh Vishnubhai Haribhakti | Director | 23 May 2012 | 14 Years 4 Months | Current |
| Aruna Krishnamurthy Rao Also directs: Kotak Mahindra Investments Limited, Truhome Finance Limited, Protean Account Aggregator Limited and 1 more | Director | 31 Mar 2023 | 3 Years 6 Months | Current |
| Shailesh Sharad Kekre Also directs: Protean Account Aggregator Limited, Budhyati Ventures LLP, Eclerx Services Limited and 1 more | Director | 31 May 2022 | 4 Years 4 Months | Current |
| Lloyd Mathias Also directs: Digicontent Limited, Next Radio Limited, Quantum Asset Management Company Private Limited and 2 more | Director | 28 Jun 2022 | 4 Years 3 Months | Current |
| Abhaya Prasad Hota Also directs: NSE Clearing Limited, Cashfree Payments India Private Limited, Reserve Bank Innovation Hub and 2 more | Director | 16 Sep 2019 | 7 Years 0 Months | Current |
| Easwaran Venkateswaran | Whole-Time Director | 17 Dec 2025 | 0 Years 9 Months | Current |
Shareholding Pattern of Protean Egov Technologies Limited
Shareholding for the quarter ended Sep 2026: promoters hold 0.00%, foreign institutional investors hold 6.00%, domestic institutional investors hold 21.20% and retail and other public shareholders hold 72.80%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 100.00% | 100.00% | 100.00% | 100.00% |
Charges & Borrowings of Protean Egov Technologies Limited
Protean Egov Technologies Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Protean Egov Technologies Limited
Protean Egov Technologies Limited has 30 deals on record (19 market trades, 10 secondary share transfers, 1 ipo); the latest was in June 2026.
Deals on record (5 of 30)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2026 | Market trade | ₹18.86 Cr | Buyer: Qe Securities LLP Seller: Qe Securities LLP |
| Aug 2025 | Market trade | ₹18.71 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Aug 2025 | Market trade | ₹175.74 Cr | Buyer: Graviton Research Capital LLP , Hrti Private Limited , Qe Securities LLP Seller: Graviton Research Capital LLP , Hrti Private Limited , Qe Securities LLP |
| Aug 2025 | Market trade | ₹46.87 Cr | Buyer: Graviton Research Capital LLP , Hrti Private Limited Seller: Graviton Research Capital LLP , Hrti Private Limited |
| May 2025 | Market trade | ₹142.27 Cr | Buyer: Graviton Research Capital LLP , Hrti Private Limited , NK Securities Research Private Limited Seller: Graviton Research Capital LLP , Massachusetts Institute of Technology, Hrti Private Limited |
Full deal history
All 30 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Protean Egov Technologies Limited
Protean Egov Technologies Limited has 23 court cases on record: 5 filed by Protean Egov Technologies, 3 filed against it, 15 where it is another party. 7 cases are pending and 16 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 2 | 3 |
| District courts | 8 | 1 | 4 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARBP) | Filed against the company by Alankit Limited | Disposed |
| Bombay High Court | Court case (CARBP) | Filed by the company against Alankit Limited | Disposed |
| High Court of Kerala | Writ petition | Company is another party | Pending |
| District court, Bhiwani, Haryana | Civil suit | Filed against the company by an individual | Pending |
| Madras High Court | Writ petition | Company is another party | Pending |
Full case history
All 23 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Protean Egov Technologies Limited
Protean Egov Technologies operates multiple associated brands including Vidya Lakshmi, Protean PAN Services, and Protean Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A web-based portal that simplifies education loan applications for students and institutions. | vidyalakshmi.co.in | |
| Digital public infrastructure and e-governance solutions are provided. | proteantech.in | |
| PAN card application and issuance services through an online platform. | protean-tinpan.com | |
| Pension accounts are accessed and managed via a dedicated platform. | cra-nsdl.com |
Employees and EPFO Compliance at Protean Egov Technologies Limited
Protean Egov Technologies Limited has a workforce of 710 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Protean Egov Technologies Limited
Protean Egov Technologies has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Nsdl E-Governance Account Aggregator Limited | U67200MH2020PLC349258 | - |
| Protean Infosec Services Limited | U72900MH2021PLC368593 | - |
Showing major subsidiaries. Total: 2.
Name History of Protean Egov Technologies Limited
Protean Egov Technologies has undergone 2 name changes throughout its history. The company was previously known as Nsdl E-Governance Infrastructure Limited, and National Securities Depository Limited. The current legal name is Protean Egov Technologies Limited.
| Company Name | Status |
|---|---|
| Protean Egov Technologies Limited | Current |
| Nsdl E-Governance Infrastructure Limited | Previous |
| National Securities Depository Limited | Previous |
CIN History of Protean Egov Technologies Limited
Protean Egov Technologies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L72900MH1995PLC095642, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72900MH1995PLC095642 | Current |
| U72900MH1995PLC095642 | Previous |
| U67120MH1995PLC095642 | Previous |
News related to Protean Egov Technologies Limited
Recent Activity on Protean Egov Technologies Limited
Protean Egov Technologies Limited has 56 board changes on record since 2007: 11 appointments and 45 cessations. The latest: Ajay Rajan was appointed as Managing Director on 01 Jun 2026.
47 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Protean Egov Technologies Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Protean Egov Technologies Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Protean Egov Technologies Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Protean Egov Technologies Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Protean Egov Technologies Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Protean Egov Technologies Limited
Protean Egov Technologies is an active public limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 December 1995 (31+ years old) and is registered under CIN L72900MH1995PLC095642.
Protean Egov Technologies reported revenue of ₹997.75 Cr for FY 2025-26 (up 18.7% YoY) based on consolidated financials.
Protean Egov Technologies has 8 current directors:
- Ajay Rajan - Managing Director
- Easwaran Venkateswaran - Whole-Time Director
- Shailesh Vishnubhai Haribhakti - Director
- Aruna Krishnamurthy Rao - Director
- Shailesh Sharad Kekre - Director
- Lloyd Mathias - Director
- Abhaya Prasad Hota - Director
- Nandkumar Saravade - Additional Director
The CIN (Corporate Identification Number) of Protean Egov Technologies is L72900MH1995PLC095642. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Protean Egov Technologies is a listed company.
Protean Egov Technologies has 23 court cases on record: 5 filed by the company and 3 filed against it. 7 are pending. Most are in the high courts.
Protean Egov Technologies was incorporated on 27 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Protean Egov Technologies has 30 deals on record (19 market trades, 10 secondary share transfers, 1 ipo); the latest was in June 2026.
The peers of Protean Egov Technologies by revenue are Infogain India Private Limited, Wysetek Systems Technologists Private Limited, Latent View Analytics Limited, Trigyn Technologies Limited, NTT Data Business Solutions Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Ajay Rajan was appointed as Managing Director on 01 Jun 2026. Nandkumar Saravade was appointed as Additional Director on 01 Jun 2026. Easwaran Venkateswaran was appointed as Whole-Time Director on 17 Dec 2025. Protean Egov Technologies has 56 board changes on record in total.
Protean Egov Technologies can be reached through the website proteantech.in. Its registered office is in Mumbai, Maharashtra, India.