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 ₹ 4,229 Cr.
- Current Price ₹ 1,043
- High / Low ₹ 2,225 / 930
- Stock P/E 44.9
- Book Value ₹ 248
- Dividend Yield 0.95 %
- ROCE 12.5 %
- ROE 9.74 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 40.3%
- Debtor days have improved from 81.2 to 62.5 days.
Cons
- Stock is trading at 4.27 times its book value
- The company has delivered a poor sales growth of 3.23% over past five years.
- Company has a low return on equity of 11.2% over last 3 years.
- Earnings include an other income of Rs.68.4 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 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
898 | 756 | 716 | 603 | 691 | 741 | 880 | 840 | |
717 | 589 | 568 | 518 | 567 | 622 | 788 | 758 | |
Operating Profit | 181 | 167 | 148 | 85 | 124 | 119 | 92 | 82 |
OPM % | 20% | 22% | 21% | 14% | 18% | 16% | 10% | 10% |
27 | 35 | 38 | 49 | 79 | 41 | 68 | 68 | |
Interest | 0 | 0 | 2 | 1 | 0 | 1 | 2 | 2 |
Depreciation | 11 | 20 | 27 | 17 | 17 | 18 | 27 | 28 |
Profit before tax | 197 | 182 | 157 | 116 | 186 | 141 | 131 | 120 |
Tax % | 31% | 32% | 23% | 20% | 22% | 24% | 23% | 22% |
136 | 124 | 121 | 92 | 144 | 108 | 100 | 94 | |
EPS in Rs | 33.88 | 31.12 | 30.30 | 23.03 | 35.72 | 26.60 | 24.81 | 23.23 |
Dividend Payout % | 23% | 0% | 0% | 0% | 98% | 38% | 40% | 43% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 7% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -5% |
3 Years: | -6% |
TTM: | -6% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -11% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 11% |
Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 41 |
Reserves | 530 | 626 | 714 | 628 | 748 | 818 | 890 | 964 |
0 | 0 | 14 | 0 | 0 | 8 | 21 | 8 | |
172 | 184 | 173 | 195 | 200 | 239 | 238 | 300 | |
Total Liabilities | 741 | 850 | 940 | 863 | 989 | 1,105 | 1,189 | 1,313 |
136 | 135 | 64 | 51 | 52 | 63 | 86 | 160 | |
CWIP | 6 | 5 | 5 | 1 | 4 | 11 | 11 | 0 |
Investments | 287 | 373 | 406 | 288 | 375 | 540 | 563 | 674 |
312 | 338 | 465 | 523 | 557 | 491 | 529 | 478 | |
Total Assets | 741 | 850 | 940 | 863 | 989 | 1,105 | 1,189 | 1,313 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
99 | 127 | 54 | 100 | 95 | 138 | 60 | 195 | |
-78 | -103 | -13 | 154 | 75 | -283 | 16 | -161 | |
-31 | -31 | -39 | -183 | -34 | -44 | -47 | -42 | |
Net Cash Flow | -11 | -7 | 2 | 71 | 136 | -189 | 29 | -8 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 67 | 88 | 107 | 120 | 106 | 103 | 78 | 63 |
Inventory Days | ||||||||
Days Payable | ||||||||
Cash Conversion Cycle | 67 | 88 | 107 | 120 | 106 | 103 | 78 | 63 |
Working Capital Days | 21 | 25 | 99 | 55 | 41 | 20 | 24 | 52 |
ROCE % | 29% | 22% | 16% | 20% | 17% | 15% | 12% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
4h - Approved FY25 results, Rs10/share dividend, secretarial auditor appointed, approved small demerger scheme.
- Announcement under Regulation 30 (LODR)-Investor Presentation 4h
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Appointment Of Secretarial Auditor
5h - Q4 FY25 results approved; Rs.10/share final dividend; secretarial auditor appointed; small demerger scheme approved.
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Board Meeting Outcome for Outcome Of Board Meeting Held On May 21, 2025
5h - Approved FY25 results, Rs10/share dividend, secretarial auditor appointed, demerger scheme approved.
- Results - Audited Financials(Standalone & Consolidated) For Quarter And Year Ended March 31, 2025 5h
Concalls
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May 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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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
Business Verticals