StockWatch
·
Filing
Q3

Protean eGov Technologies Ltd

PROTEANFY2611 Feb 2026
Revenue-8.6%
Net Profit-5.7%
OPM12.16%

P&L

Quarterly Consolidated

Revenue
-8.6%228.87
Expenditure
-9.9%209.92
Net Profit
-5.7%22.50
NPM 9.25%+2.8%EPS ₹5.55-5.6%

vs Q2 FY26

Protean eGov Technologies Ltd Reports 13% YoY Growth in Revenue and 34% YoY Growth in EBITDA for Q3FY26

11 Feb 2026 · 11 Feb, 6:44 pm

Summary

Protean eGov Technologies Ltd announced its financial results for the third quarter ending December 31, 2025. The company reported a 13% YoY growth in revenue and 34% YoY growth in EBITDA. The balance sheet remains robust with zero debt.

Key Highlights

  1. 1

    Revenue from Operations: INR 229 crore in Q3FY26, 13% YoY growth

  2. 2

    EBITDA: INR 46 crore in Q3FY26, 335 bps YoY increase

  3. 3

    PAT: INR 26 crore in Q3FY26, 10.9% PAT Margin

  4. 4

    Tax Services: 14% YoY revenue growth, 59% market share

  5. 5

    CRA Services: PFRDA’s ongoing reforms, 94% of incremental industry additions

  6. 6

    Identity Services: 7% combined volume growth

  7. 7

    New Businesses: 11% of total revenue in 9MFY26

  8. 8

    Aadhar Seva Kendra’s: 34 centres operationalised across 19 States and Union Territories

  9. 9

    International Business: INR 25 crore mandate for Ethiopia's agricultural ecosystem

Management Comments

M

Mr. Suresh Sethi

Managing Director and Chief Executive Officer

We remain on a strong trajectory for business diversification in line with our stated objectives... These reforms are well aligned with our capabilities and position us to support the next phase of pension adoption... We are steadily diversifying across international markets, leveraging India’s DPI experience to build trusted digital infrastructure globally, while maintaining a disciplined, long-term focus on value creation.

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