Protean eGov Technologies Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2025, recommended Final Dividend of 10 per equity share.
PROTEAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.3 pts less than Nifty Microcap 250 and 5.1 pts less than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Protean eGov Technologies announced its Q4 and FY25 results along with key board decisions on May 21, 2025. The board recommended a final dividend of Rs. 10 per share (100% on face value of Rs. 10) for FY25, unchanged from the previous year. Consolidated revenue from operations stood at Rs. 841 crore (down 5% YoY), with EBITDA of Rs. 149 crore (16.3% margin) and profit after tax of Rs. 92 crore (10.2% margin). The company also approved the appointment of S.N. Ananthasubramanian & Co. as Secretarial Auditor for five years. Additionally, a Scheme of Arrangement was approved to demerge the Governance, Risk & Compliance and Managed SOC Services divisions from wholly owned subsidiary Protean Infosec Services Limited into the parent company, with no change in shareholding pattern since it's an internal restructuring.
The flat Rs. 10 dividend (same as FY24) signals consistent shareholder returns but no growth in payout despite a slight dip in revenue and PAT. The demerger of the infosec subsidiary's divisions is a small internal restructuring (only 0.22% of total turnover) and unlikely to materially impact shareholders. With zero debt and over Rs. 800 crore in cash and marketable securities, the balance sheet remains strong, providing flexibility for future growth initiatives.