Summary

Protean eGov Technologies Ltd. reported its highest-ever consolidated revenue from operations, reaching ₹998 crore for FY26, an increase of 19% year-over-year. The fourth quarter of FY26 also showed strong performance with revenue at ₹308 crore, growing 38% YoY and 34% QoQ. Adjusted Profit After Tax for the full year stood at ₹105 crore, up 14% YoY, while EBITDA grew 27% YoY to ₹188 crore, with an EBITDA margin of 18%. The company highlighted its robust balance sheet with zero debt and a significant contribution from new businesses, which now represent 10% of total revenue, showcasing strong growth momentum across its core and new business verticals.

Key Highlights

1. 1

   Protean eGov Technologies Ltd. delivered its highest-ever consolidated revenue from operations, reaching ₹998 crore in FY26, marking a 19% year-over-year growth.

2. 2

   For the fourth quarter of FY26, revenue from operations stood at ₹308 crore, demonstrating a robust 38% year-over-year increase and 34% quarter-over-quarter growth.

3. 3

   Adjusted Profit After Tax (PAT) for FY26 reached ₹105 crore, growing by 14% year-over-year, with a PAT Margin of 9.8%.

4. 4

   EBITDA for FY26 grew by 27% year-over-year to ₹188 crore, achieving an EBITDA margin of 18%, an increase of 125 basis points.

5. 5

   The company's balance sheet continues to be robust with over ₹850 crore of cash equivalents and marketable securities and zero debt as of March 31, 2026.

6. 6

   New businesses significantly expanded their contribution, accounting for 10% of total revenue in FY26, a sharp increase from 4% in FY25, driven by strategic projects and the rollout of 44 Aadhaar Seva Kendra’s.

7. 7

   In CRA Services, the company maintained a dominant market position with a 98% share across NPS, APY, and UPS, onboarding over 1.5 crore new subscribers in FY26 with a 96% market share in incremental additions.