Press Release - Q4&FY25-26
PROTEAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Protean eGov Technologies reported its highest-ever annual consolidated revenue of ₹998 crore in FY26, up 19% YoY from ₹841 crore. Q4FY26 revenue surged 38% YoY to ₹308 crore. EBITDA grew 27% to ₹188 crore with margins expanding 125 bps to 18%. Adjusted PAT rose 14% to ₹105 crore with a 9.8% margin. Tax Services led growth with 17.5% YoY increase driven by 232 bps market share gain and surge in PAN card issuances. New Business segment doubled revenue to ₹104 crore (10% of total vs 4% in FY25). The balance sheet remains robust with over ₹850 crore in cash equivalents and zero debt. The board recommended 100% dividend. Mr. Ajay Rajan has been appointed MD & CEO effective June 1, 2026.
Strong all-round growth with margin expansion and a clean balance sheet signals operational strength. Revenue growth of 19% is healthy but below 20%, so the stock may not trigger momentum-based buying. New business scaling to 10% of revenue is a positive diversification signal.