Protean eGov Technologies Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Protean reported Q1FY27 revenue from operations of Rs 251 crore, up 19% year-on-year, while EBITDA fell 38% year-on-year to Rs 28 crore with a margin of 10%, down from 18.7% a year earlier. Management attributed the margin decline to roughly Rs 18 crore of upfront investment in RFP-led mandates and cost inflation from geopolitical tensions affecting technology and hardware procurement. The company also outlined a new strategic direction under its newly appointed MD and CEO focused on shifting from a product-selling to a solution-led approach, DPI-in-a-box, and calibrated international expansion.
Protean eGov Technologies reported FY26 consolidated revenue from operations of Rs 998 crore, up 18.7% year-on-year, with EBITDA growing 27% to Rs 188 crore and adjusted PAT of Rs 105 crore. Q4 FY26 revenue rose 38% year-on-year to Rs 308 crore, aided by Rs 44 crore of storage-charge income, with EBITDA margin expanding to 16.5%. Management also announced that Mr. Ajay Rajan will join as Managing Director and CEO effective June 1, 2026, and discussed progress on Aadhaar Seva Kendra rollout, Bima Sugam, and other new business initiatives.