Check Before You Invest : Protean e-Gov Technologies Ltd

Q: Which industry/sub-sector does Protean e-Gov Technologies Ltd belong to?

Protean e-Gov Technologies Ltd belongs to the IT & ITES sector, operating specifically within the BPO/ITeS segment.

Q: Is Protean e-Gov Technologies Ltd a good quality company?

Protean e-Gov Technologies Ltd is a good quality company, based on a consistently good multi-year financial track record. This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q: Is Protean e-Gov Technologies Ltd undervalued or overvalued?

Protean e-Gov Technologies Ltd appears Fair, as its key valuation ratios are in line with their past averages. Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more. Valuation Ratios. Price to Earnings, Current: 28.16, Historic Median: 26.16. Price to Book, Current: 2.47, Historic Median: 2.07. Price to Sales, Current: 2.67, Historic Median: 2.80. EV to EBITDA, Current: 13.66, Historic Median: 14.41

Q: Is Protean e-Gov Technologies Ltd a good buy now?

Protean e-Gov Technologies Ltd is a good buy now, based on strong price trend analysis suggesting prices may rise. However, you need to check its quality and valuation before making a decision

Q: Revenue growth of Protean e-Gov Technologies Ltd?

Protean e-Gov Technologies Ltd revenue growth is -4.7% for FY-2025, which is below its 5-year CAGR of 3.23%, indicating slower growth.

Q: Gross Profit margin of Protean e-Gov Technologies Ltd?

Protean e-Gov Technologies Ltd Gross profit margin which is the profit after deduction of direct costs, is 17.6% for FY-2025, which is below its 5-year median of 21.5%, indicating decreasing margins.

Q: Operating Profit Margin of Protean e-Gov Technologies Ltd?

Protean e-Gov Technologies Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 8.59% for FY-2025, which is below its 5-year median of 14.13% indicating decreasing margins.

Q: Net Profit Margin of Protean e-Gov Technologies Ltd?

Protean e-Gov Technologies Ltd Net Profit Margin is 11.22% for FY-2025, is below its 5-year median of 14.5%, indicating decreasing margins. Profitability Metrics. Gross Profit Margin (%), Current: 17.6, Historic Median: 21.5. Operating Profit Margin (%), Current: 8.59, Historic Median: 14.13. Net Profit Margin (%), Current: 11.22, Historic Median: 14.5

Q: Return on Asset of Protean e-Gov Technologies Ltd?

Protean e-Gov Technologies Ltd Return on Asset is 7.64%, which is below its 5-year historical median of 10.32%, indicating deteriorated asset utilization efficiency.

Q: Return on capital employed (ROCE) of Protean e-Gov Technologies Ltd?

Protean e-Gov Technologies Ltd Return on capital employed is 12.66% for FY-2025, which is below its 5-year historical median of 16.43%. The current ROCE is below its estimated weighted average cost of capital (WACC) of 13.5%, indicating value preservation.

Check Before You Invest : Protean e-Gov Technologies Ltd

BSE: 544021 NSE: PROTEAN ISIN: INE004A01022

| Sector: IT & ITES | Industry: BPO/ITeS

Snapshot

Q.1 Which industry/sub-sector does Protean e-Gov Technologies Ltd belong to?

Protean e-Gov Technologies Ltd belongs to the IT & ITES sector, operating specifically within the BPO/ITeS segment.

Q.2 Is Protean e-Gov Technologies Ltd a good quality company?

Protean e-Gov Technologies Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q.3 Is Protean e-Gov Technologies Ltd undervalued or overvalued?

Protean e-Gov Technologies Ltd appears Fair, as its key valuation ratios are in line with their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios	Current	5-year Historic Median
Price to Earnings	28.16	26.16
Price to Book	2.47	2.07
Price to Sales	2.67	2.80
EV to EBITDA	13.66	14.41

Q.4 Is Protean e-Gov Technologies Ltd a good buy now?

Protean e-Gov Technologies Ltd is a good buy now, based on strong price trend analysis suggesting prices may rise. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

A: What are the trends in revenue and profit margins?

Q.1 Revenue growth of Protean e-Gov Technologies Ltd?

Protean e-Gov Technologies Ltd revenue growth is -4.7% for FY-2025, which is below its 5-year CAGR of 3.23%, indicating slower growth.

Q.2 Gross Profit margin of Protean e-Gov Technologies Ltd?

Protean e-Gov Technologies Ltd Gross profit margin which is the profit after deduction of direct costs, is 17.6% for FY-2025, which is below its 5-year median of 21.5%, indicating decreasing margins.

Q.3 Operating Profit Margin of Protean e-Gov Technologies Ltd?

Protean e-Gov Technologies Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 8.59% for FY-2025, which is below its 5-year median of 14.13% indicating decreasing margins.

Q.4 Net Profit Margin of Protean e-Gov Technologies Ltd?

Protean e-Gov Technologies Ltd Net Profit Margin is 11.22% for FY-2025, is below its 5-year median of 14.5%, indicating decreasing margins.

	Current Level	5-year Historic Median
Gross Profit Margin (%)	17.6	21.5
Operating Profit Margin (%)	8.59	14.13
Net Profit Margin (%)	11.22	14.5

B: Does the business utilize capital efficiently?

Q.5 Return on Asset of Protean e-Gov Technologies Ltd?

Protean e-Gov Technologies Ltd Return on Asset is 7.64%, which is below its 5-year historical median of 10.32%, indicating deteriorated asset utilization efficiency.

Q.6 Return on capital employed (ROCE) of Protean e-Gov Technologies Ltd?

Protean e-Gov Technologies Ltd Return on capital employed is 12.66% for FY-2025, which is below its 5-year historical median of 16.43%. The current ROCE is below its estimated weighted average cost of capital (WACC) of 13.5%, indicating value preservation.

Q.7 Return on Equity (ROE) of Protean e-Gov Technologies Ltd?

Protean e-Gov Technologies Ltd Return on equity is 9.95% for FY-2025, which is below its 5-year historical median of 13.09%, indicating the business is making worse use of its shareholders capital.

Q.8 Cash conversion cycle of Protean e-Gov Technologies Ltd?

Protean e-Gov Technologies Ltd Cash conversion cycle is 15 days, below its 5-year historical median of 28 days, indicating improved working capital management. However, you need to compare this with its peers in the industry.

	Current Level	5-year Historic Median
Asset Turnover (x)	0.68	0.72
ROE (%)	9.95	13.09
ROCE (%)	12.66	16.43
Cash Conversion Cycle	15 days	28 days

C: How much debt does the business have and is it at a sustainable level?

Q.9 Debt to Equity ratio of Protean e-Gov Technologies Ltd?

Protean e-Gov Technologies Ltd Debt-to-Equity ratio is 0.00, which is lower the industry average of 0.05, indicating lower debt levels in the industry.

Q.10 Debt to cash flow from operations of Protean e-Gov Technologies Ltd?

Protean e-Gov Technologies Ltd Debt to cash flow from operations is 0, which is at a healthy level.

Ownership & governance

D: Promoter shareholding and pledge status of Protean e-Gov Technologies Ltd?

Q.1 Promoter shareholding and pledge status of Protean e-Gov Technologies Ltd?

Promoters hold 0.00% of the Protean e-Gov Technologies Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does Protean e-Gov Technologies Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Protean e-Gov Technologies Ltd vs industry peers?

Protean e-Gov Technologies Ltd revenue CAGR is 3.23%, compared to the industry median CAGR of 3.91%, indicating slower growth and losing its market share.

Profit Metrics

	Current Level	5-year Industry Median
Revenue Growth (%)	-4.7	3.9
Gross Profit Growth (%)	-6.3	10.8
Operating Profit Growth (%)	-21.7	10.8
Net Profit Growth (%)	-6	8.5

Operating Efficiency

	Current Level	5-year Industry Median
Asset Turnover (x)	0.68	0.72
ROE (%)	9.95	10.43
ROCE (%)	12.66	15.4
Cash Conversion Cycle (days)	14.85	38

Valuation & price assessment

Q.1 Stock return of Protean e-Gov Technologies Ltd over the last decade?

Over the last 1 year(s), the stock has delivered a CAGR of -35.55% based on the current price.

	9Y	5Y	3Y	1Y
Share Price CAGR	-	-	-	-35.6%

Q.2 Valuation ratios of Protean e-Gov Technologies Ltd vs historical?

The current P/E ratio of 28.16 is higher than its historical median of 26.16, indicating that the stock is trading above its historical average valuation.

Q.3 How do the current valuation ratios compare with 5-year historical median and industry numbers?

Valuation Ratios	Current	5-year Historic Median	5-year Industry Median
Price to Earnings	28.16	26.16	29.72
Price to Book	2.47	2.07	2.75
Price to Sales	2.67	2.80	4.18
EV to EBITDA	13.66	14.41	15.58

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Check Before You Invest : Protean e-Gov Technologies Ltd

Snapshot

Performance Analysis

Ownership & governance

Peer comparison (industry-wise, mcap)

Profit Metrics

Operating Efficiency

Valuation & price assessment

Check more companies

Check trending companies

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