Protean eGov Technologies Ltd - 544021 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Analyst / Institutional Investors Meeting07-08-2024
07-08-2024
Protean eGov Technologies Ltd - 544021 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement - Unaudited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 202407-08-2024
Protean eGov Technologies Ltd - 544021 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio Recording - Earnings Conference Call on Company's Operational and Financial Performance for Q1FY2506-08-2024
Q1FY25 Quarterly Result Announced for Protean eGov Technologies Ltd.
IT Consulting & Software company Protean eGov Technologies announced Q1FY25 results: Protean reported consolidated revenue from operations of Rs 197 crore for Q1FY25, a decline of 11% YoY. This was primarily due to overall lower PAN card issuances in the Q1FY25 largely attributable to election activity. However, Pension and Identity services continued to demonstrate strong double-digit growth. EBITDA stood at Rs 45 crore in Q1FY25 with EBITDA margin of 21.1% vs 20.4% in Q1FY24 an increase of 64 bps YoY. This was contributed largely on account of increase in online pan issuance and continued focus on overall cost efficiencies. PAT stood at Rs 21 crore with PAT margin of 9.8% vs 13.8% in Q1FY24, a reduction of 404 bps YoY due to Rs 11 crore of provision for doubtful debt. Adjusting for the provisioning, PAT margin stands at 14.9% in Q1FY25, an improvement of 76 bps YoY. The balance sheet continues to remain strong with more than Rs 700 crore of cash equivalents & marketable securities and zero debt as on 30th June 24. Commenting on the results, Suresh Sethi, Managing Director and Chief Executive Officer, said: “Protean has been consistently delivering robust growth and we remain strongly optimistic of Protean’s business strategy, strongly aligned with the Digital India vision. We will continue to add value to enterprises, consumers, and governments through our unique combination of technology and expertise in e-governance. Highly favourable tailwinds have emerged for us from the union budget 2024 – 25 and we are in the best position to embrace these developments and make the best use of our expertise in this space to support the digital transformation of India and develop Digital Public Infrastructure across sectors. Aligned with India’s visionary DPI framework built on open standards and protocols, Protean continues to expand its multisectoral reach towards eCommerce and Transport (ONDC), Education and Skilling (ONEST), Agriculture (Agristack) & Health. Protean received the mandate to build the Central Agristack from the Government of India in 2023. This aligns with the Government’s nationwide thrust to emphasize productivity and resilience in Agriculture by enabling DPI coverage for farmers, conducting extensive crop surveys, and providing access to credit facilities. Further, the budget showcased the strong intent of the government in driving the pension penetration in the country. As the leading Central Recordkeeping Agency (CRA) for NPS and APY, we see this as a huge opportunity for market expansion to include 40 crore minors and promote savings from an early stage. We remain committed to leading India's digital transformation with cutting-edge DPI interventions". Result PDF06-08-2024
Protean eGov Technologies Ltd - 544021 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation on Company''s Operational and Financial Performance for Q1 FY 2505-08-2024
Protean eGov Technologies Ltd - 544021 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release on Unaudited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 202405-08-2024
Protean eGov Technologies Ltd - 544021 - Announcement under Regulation 30 (LODR)-Change in Directorate
1. Appointment of Mr. Sriram Krishnan as an Additional Director (Non-Executive Non-Independent) of the Company w.e.f. August 05, 2024 2. Re-appointment of Mr. Shailesh Kekre as an Independent Director of the Company for a second term of five years w.e.f. May 31, 2025 3. Re-appointment of Mr. Lloyd Mathias as an Independent Director of the Company for a second term of five years w.e.f June 28, 202505-08-2024
Protean eGov Technologies Ltd - 544021 - Announcement under Regulation 30 (LODR)-Change in Management
Appointment of Mr. Sandeep Mantri as Chief Financial Officer & KMP of the Company w.e.f August 12, 202405-08-2024
Protean eGov Technologies Ltd - 544021 - Board Meeting Outcome for Outcome Of Board Meeting August 05, 2024
Outcome of Board Meeting August 05, 202405-08-2024
Protean eGov Technologies Ltd - 544021 - Unaudited Financials Results For Quarter Ended June 30, 2024
Unaudited Financial Results for Quarter ended June 30, 202405-08-2024