Protean eGov Technologies Ltd
Incorporated in December 1995, Protean eGov Technologies Limited was previously known as NSDL e-Governance Infrastructure Ltd and is engaged in the business of developing citizen-centric and population-scale e-governance solutions.[1]
- Market Cap ₹ 5,030 Cr.
- Current Price ₹ 1,244
- High / Low ₹ 1,712 / 775
- Stock P/E 46.8
- Book Value ₹ 218
- Dividend Yield 0.00 %
- ROCE 17.2 %
- ROE 13.1 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 45.3%
- Company's working capital requirements have reduced from 37.9 days to 18.5 days
Cons
- The company has delivered a poor sales growth of -3.74% over past five years.
- Company has a low return on equity of 13.6% over last 3 years.
- Earnings include an other income of Rs.41.2 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| 898 | 756 | 716 | 603 | 691 | 742 | |
| 717 | 589 | 568 | 518 | 567 | 623 | |
| Operating Profit | 181 | 167 | 148 | 85 | 124 | 119 |
| OPM % | 20% | 22% | 21% | 14% | 18% | 16% |
| 27 | 35 | 38 | 49 | 79 | 41 | |
| Interest | 0 | 0 | 2 | 1 | 0 | 1 |
| Depreciation | 11 | 20 | 27 | 17 | 17 | 18 |
| Profit before tax | 197 | 182 | 157 | 116 | 186 | 141 |
| Tax % | 31% | 32% | 23% | 20% | 22% | 24% |
| 136 | 124 | 121 | 92 | 144 | 108 | |
| EPS in Rs | 33.88 | 31.12 | 30.30 | 23.03 | 35.72 | 26.60 |
| Dividend Payout % | 23% | 0% | 0% | 0% | 98% | 38% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -4% |
| 3 Years: | 1% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -5% |
| 3 Years: | -4% |
| TTM: | -4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 14% |
| Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 40 | 40 | 40 | 40 | 40 | 40 | 40 |
| Reserves | 530 | 626 | 714 | 628 | 748 | 818 | 842 |
| 0 | 0 | 14 | 0 | 0 | 0 | 7 | |
| 172 | 184 | 173 | 195 | 200 | 247 | 271 | |
| Total Liabilities | 741 | 850 | 940 | 863 | 989 | 1,105 | 1,161 |
| 136 | 135 | 64 | 51 | 52 | 55 | 94 | |
| CWIP | 6 | 5 | 5 | 1 | 4 | 11 | 0 |
| Investments | 287 | 373 | 406 | 288 | 375 | 540 | 539 |
| 312 | 338 | 465 | 523 | 557 | 499 | 528 | |
| Total Assets | 741 | 850 | 940 | 863 | 989 | 1,105 | 1,161 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| 99 | 127 | 54 | 100 | 95 | 138 | |
| -78 | -103 | -13 | 154 | 75 | -283 | |
| -31 | -31 | -39 | -183 | -34 | -44 | |
| Net Cash Flow | -11 | -7 | 2 | 71 | 136 | -189 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| Debtor Days | 67 | 88 | 107 | 120 | 106 | 103 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 67 | 88 | 107 | 120 | 106 | 103 |
| Working Capital Days | 21 | 25 | 103 | 55 | 41 | 18 |
| ROCE % | 29% | 22% | 16% | 20% | 17% |
Documents
Announcements
- Board Meeting Intimation for Audited Financial Results (Standalone & Consolidated) For The Quarter And Year Ended March 31, 2024 And To Recommend Dividend, If Any 23h
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 24h
- Certificate Under Regulation 40(9) And 40(10) Of SEBI (LODR) Regulations, 2015 15 Apr
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 15 Apr
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 15 Apr
Concalls
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Feb 2024Transcript PPT
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Feb 2024TranscriptNotesPPT
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Dec 2023Transcript PPT
About E-Goverance [1] E-governance is the use of Information and communications Technology to conduct government business and provide public services. The Strategic objective of e-governance is to support and simplify governance for all parties: government, citizens, and businesses.