Protean eGov Technologies Limited has informed the Exchange regarding a press release dated May 20, 2026, titled "Press Release for Q4&FY25-26".
PROTEAN · price
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Protean eGov Technologies reported all-time highest quarterly and annual revenue for FY26, with consolidated revenue of ₹998 crore growing 19% YoY. EBITDA stood at ₹188 crore with 18% margin (up 125 bps YoY), while adjusted PAT was ₹105 crore growing 14% YoY. Tax Services led growth at ₹498 crore (up 17%) with 59% market share, while New Business surged 201% to ₹104 crore now contributing 10% of total revenue. The company maintains a strong balance sheet with over ₹850 crore cash and zero debt, recommending 100% dividend for FY26. Mr. Ajay Rajan has been appointed as new MD & CEO effective June 1, 2026.
Strong operational performance with margin improvement and zero debt signals financial health. The 201% growth in new businesses and appointment of a new CEO with fintech experience indicate potential for further diversification and growth beyond core tax and pension services.