Protean eGov Technologies Limited (PROTEAN) — Financial Results | 20 May 2026(3 announcements)

Protean eGov Technologies reported FY2026 revenue of ₹1,070.21 crores, up from ₹909.81 crores in FY2025, with profit before tax rising to ₹123.85 crores from ₹118.55 crores. The company recommended a final dividend of ₹10 per share and appointed Ajay Rajan as Managing Director & CEO effective June 1, 2026, while Nandkumar Saravade joined as an Independent Director for a three-year term. The auditor confirmed an unqualified opinion on the financials, which include restated figures following the demerger of GRC and SOC businesses. The impact of new Indian labour codes was recorded as an exceptional item due to its material and non-recurring nature.

Protean eGov Technologies Limited reported audited consolidated revenue of [amount context mismatch] crores and profit after tax of ₹30.38 crores for the year ended March 31, 2026, with a final dividend of ₹10 per share recommended, subject to shareholder approval, following board approval on May 20, 2026.

Protean eGov Technologies reported all-time highest consolidated revenue of INR 998 crore for FY26, up 19% YoY, driven by strong growth in core and new business verticals. EBITDA rose 27% YoY to INR 188 crore with a 18% margin, while adjusted PAT grew 14% YoY to INR 105 crore. The company ended the year with zero debt and over INR 850 crore in cash equivalents. New businesses contributed 10% of total revenue, up from 4% in FY25, and the board recommended a 100% dividend for FY26. Leadership transition saw Ajay Rajan appointed as MD & CEO effective June 1, 2026, bringing extensive fintech and digital infrastructure experience.