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 ₹ 8,021 Cr.
- Current Price ₹ 1,978
- High / Low ₹ 2,225 / 930
- Stock P/E 95.9
- Book Value ₹ 234
- Dividend Yield 0.51 %
- ROCE 14.3 %
- ROE 10.9 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 68.5%
Cons
- Stock is trading at 8.45 times its book value
- The company has delivered a poor sales growth of 3.14% over past five years.
- Company has a low return on equity of 13.0% over last 3 years.
- Earnings include an other income of Rs.75.0 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|
755 | 716 | 603 | 691 | 741 | 882 | 842 | |
578 | 568 | 518 | 567 | 623 | 792 | 777 | |
Operating Profit | 177 | 148 | 85 | 124 | 118 | 89 | 66 |
OPM % | 23% | 21% | 14% | 18% | 16% | 10% | 8% |
33 | 38 | 49 | 79 | 42 | 68 | 75 | |
Interest | 2 | 2 | 1 | 0 | 1 | 2 | 2 |
Depreciation | 28 | 27 | 17 | 17 | 18 | 27 | 31 |
Profit before tax | 180 | 157 | 116 | 186 | 140 | 128 | 108 |
Tax % | 32% | 23% | 20% | 22% | 24% | 24% | |
124 | 121 | 92 | 144 | 107 | 97 | 84 | |
EPS in Rs | 30.90 | 30.31 | 22.99 | 35.75 | 26.46 | 24.05 | 20.67 |
Dividend Payout % | 0% | 0% | 0% | 126% | 38% | 42% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 13% |
TTM: | -3% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -5% |
3 Years: | 3% |
TTM: | -33% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 46% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 13% |
Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 40 | 40 | 40 | 40 | 40 | 40 | 41 |
Reserves | 626 | 714 | 628 | 748 | 817 | 886 | 908 |
20 | 14 | 0 | 12 | 8 | 21 | 20 | |
184 | 172 | 195 | 188 | 239 | 238 | 287 | |
Total Liabilities | 870 | 940 | 863 | 988 | 1,104 | 1,185 | 1,256 |
157 | 64 | 51 | 65 | 63 | 86 | 117 | |
CWIP | 5 | 5 | 1 | 4 | 11 | 13 | 0 |
Investments | 373 | 406 | 285 | 364 | 529 | 550 | 574 |
335 | 465 | 525 | 555 | 501 | 536 | 564 | |
Total Assets | 870 | 940 | 863 | 988 | 1,104 | 1,185 | 1,256 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
136 | 54 | 100 | 11 | 137 | 58 | |
-104 | -13 | 157 | -139 | -282 | 19 | |
-39 | -39 | -183 | -1 | -44 | -47 | |
Net Cash Flow | -7 | 2 | 74 | -129 | -190 | 29 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 88 | 107 | 120 | 106 | 103 | 78 |
Inventory Days | ||||||
Days Payable | ||||||
Cash Conversion Cycle | 88 | 107 | 120 | 106 | 103 | 78 |
Working Capital Days | 28 | 103 | 55 | 43 | 20 | 24 |
ROCE % | 22% | 16% | 19% | 17% | 14% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
2 Dec - Protean eGov received INR 161 Crores work order from CERSAI.
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
30 Nov - Application for listing shares on NSE approved.
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Announcement under Regulation 30 (LODR)-Change in Management
26 Nov - Resignation of Mr. Sriram Krishnan as director.
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Announcement under Regulation 30 (LODR)-Resignation of Director
26 Nov - Resignation of Mr. Sriram Krishnan as director.
- Updates on Offer for sale of shares by non-promoter shareholder (Oversubscription Notice) 22 Nov
Concalls
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT
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May 2024Transcript PPT REC
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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.