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Protean eGov Technologies
Protean eGov Technologies (544021) investor relations material
Protean eGov Technologies Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 25/26 earnings summary12 Feb, 2026
Executive summary
Revenue from operations grew 13% year-over-year to INR 229 crore in Q3 FY26, driven by tax, CRA, and identity services, with new businesses contributing 11% of revenue.
Business diversification advanced into agriculture, insurance, education, health, and international markets, including a strategic mandate in Ethiopia.
Completed the first phase of Aadhaar Seva Kendra rollout, operationalizing 34 centers across 19 states and UTs, generating recurring revenue.
Unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, were approved by the Board on February 11, 2026.
Ms. Preeti Mehta will complete her term as Independent Director effective February 14, 2026.
Financial highlights
Q3 revenue: INR 229 crore (13% YoY growth); nine-month revenue: INR 690 crore (12% YoY growth); EBITDA: INR 46 crore (34% YoY growth); PAT (adjusted): INR 26 crore.
Standalone profit after tax for Q3 FY26 was INR 21.66 crore; consolidated profit after tax was INR 22.50 crore.
Cash and cash equivalents at over INR 800 crore; company remains debt-free.
New businesses contributed 11% to total revenue in 9MFY26, up from 4% in FY25.
Other income for the quarter was INR 14 crore, in line with normal treasury income.
Outlook and guidance
Revenue run rate expected to rise from INR 220–250 crore per quarter to INR 270–280 crore as Aadhaar Seva Kendra project scales up.
Full rollout of 190 ASK centers by September, with annual revenue from ASK expected at INR 200 crore.
Regulatory reforms in the pension sector and ongoing digital adoption are expected to drive long-term growth.
Existing core businesses expected to grow at 8–10% annually; new businesses targeted to contribute 25% of revenue in 2–3 years.
The company continues to monitor the impact of new labour codes and will review estimates as regulatory developments occur.
Board's plan for independent director replacement?
Future impact of new labor codes on financials?
Reason for credit loss allowance swing?
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Next Protean eGov Technologies earnings date
Q4 25/267 May, 2026
Protean eGov Technologies
Next Protean eGov Technologies earnings date
Q4 25/267 May, 2026
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Frequently asked questions
Protean eGov Technologies Limited, formerly known as NSDL e-Governance Infrastructure Limited, is an India-based company specializing in digital governance solutions. The company provides technology-enabled services for various governmental and private sector initiatives, including identity management, financial inclusion, and e-governance projects. Protean's offerings include systems for electronic know-your-customer (eKYC) processes, digital document management, and IT infrastructure for social programs. The company is headquartered in Mumbai, India, and its shares are listed on the BSE.
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