Protean eGov Technologies Ltd is engaged in providing Information Technology (IT) enabled e-Governance services. It works on tax modernization, open digital ecosystems, and social security-related projects. It offers citizen services, e-governance solutions, system integration, business process re-engineering, data center co-location, and IT consulting services for citizens, corporations, and the government. Some of the projects that the company works on include the acceptance and processing of PAN applications, e-KYC, GST verification, PAN verification, and others. Geographically, the company currently offers its services only in India.
1995
713
LTM Revenue $101M
LTM EBITDA $10.4M
$430M
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Protean has a last 12-month revenue (LTM) of $101M and a last 12-month EBITDA of $10.4M.
In the most recent fiscal year, Protean achieved revenue of $98.5M and an EBITDA of $17.4M.
Protean expects next 12-month revenue of XXX   and NTM EBITDA of XXX
See Protean valuation multiples based on analyst estimatesLTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
---|---|---|---|---|---|---|
Revenue | $101M | XXX | $98.5M | XXX | XXX | XXX |
Gross Profit | $101M | XXX | $22.8M | XXX | XXX | XXX |
Gross Margin | 100% | XXX | 23% | XXX | XXX | XXX |
EBITDA | $10.4M | XXX | $17.4M | XXX | XXX | XXX |
EBITDA Margin | 10% | XXX | 18% | XXX | XXX | XXX |
EBIT | $6.7M | XXX | $6.2M | XXX | XXX | XXX |
EBIT Margin | 7% | XXX | 6% | XXX | XXX | XXX |
Net Profit | $11.4M | XXX | $10.8M | XXX | XXX | XXX |
Net Margin | 11% | XXX | 11% | XXX | XXX | XXX |
Net Debt | XXX | XXX | n/a | XXX | XXX | XXX |
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As of May 30, 2025, Protean's stock price is INR 962 (or $11).
Protean has current market cap of INR 39.0B (or $457M), and EV of INR 36.7B (or $430M).
See Protean trading valuation dataEV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
---|---|---|---|---|---|---|
$430M | $457M | XXX | XXX | XXX | XXX | $0.28 |
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Start Free TrialAs of May 30, 2025, Protean has market cap of $457M and EV of $430M.
Protean's trades at 4.3x EV/Revenue multiple, and 24.4x EV/EBITDA.
Equity research analysts estimate Protean's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Protean has a P/E ratio of 40.2x.
See valuation multiples for Protean and 12K+ public compsLTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
---|---|---|---|---|---|---|
Market cap (current) | $457M | XXX | $457M | XXX | XXX | XXX |
EV (current) | $430M | XXX | $430M | XXX | XXX | XXX |
EV/Revenue | 4.3x | XXX | 4.3x | XXX | XXX | XXX |
EV/EBITDA | 41.2x | XXX | 24.4x | XXX | XXX | XXX |
EV/EBIT | 63.7x | XXX | 66.8x | XXX | XXX | XXX |
EV/Gross Profit | 4.3x | XXX | n/a | XXX | XXX | XXX |
P/E | 40.2x | XXX | 41.7x | XXX | XXX | XXX |
EV/FCF | n/a | XXX | 31.8x | XXX | XXX | XXX |
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Start Free TrialProtean's last 12 month revenue growth is 12%
Protean's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $23K for the same period.
Protean's rule of 40 is 29% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Protean's rule of X is 40% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Protean and other 12K+ public compsLTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
---|---|---|---|---|---|---|
Revenue Growth | 12% | XXX | 7% | XXX | XXX | XXX |
EBITDA Margin | 10% | XXX | 18% | XXX | XXX | XXX |
EBITDA Growth | 44% | XXX | -13% | XXX | XXX | XXX |
Rule of 40 | 29% | XXX | 29% | XXX | XXX | XXX |
Bessemer Rule of X | XXX | XXX | 40% | XXX | XXX | XXX |
Revenue per Employee | XXX | XXX | $0.1M | XXX | XXX | XXX |
Opex per Employee | XXX | XXX | $23K | XXX | XXX | XXX |
S&M Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
R&D Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
Opex to Revenue | XXX | XXX | 17% | XXX | XXX | XXX |
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EV/Revenue | EV/EBITDA | |||||
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2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
XXX | XXX | XXX | XXX | XXX | XXX | |
Ctac | XXX | XXX | XXX | XXX | XXX | XXX |
Mastech Digital | XXX | XXX | XXX | XXX | XXX | XXX |
Atturra | XXX | XXX | XXX | XXX | XXX | XXX |
Bravura Solutions | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Protean acquired XXX companies to date.
Last acquisition by Protean was XXXXXXXX, XXXXX XXXXX XXXXXX . Protean acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiplesAcquired Company | EV | EV/Revenue | EV/EBITDA |
---|---|---|---|
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialWhen was Protean founded? | Protean was founded in 1995. |
Where is Protean headquartered? | Protean is headquartered in India. |
How many employees does Protean have? | As of today, Protean has 713 employees. |
Who is the CEO of Protean? | Protean's CEO is Mr. Suresh Sethi. |
Is Protean publicy listed? | Yes, Protean is a public company listed on BOM. |
What is the stock symbol of Protean? | Protean trades under 544021 ticker. |
When did Protean go public? | Protean went public in 2023. |
Who are competitors of Protean? | Similar companies to Protean include e.g. , Ctac, Mastech Digital, Atturra. |
What is the current market cap of Protean? | Protean's current market cap is $457M |
What is the current revenue of Protean? | Protean's last 12 months revenue is $101M. |
What is the current revenue growth of Protean? | Protean revenue growth (NTM/LTM) is 12%. |
What is the current EV/Revenue multiple of Protean? | Current revenue multiple of Protean is 4.3x. |
Is Protean profitable? | Yes, Protean is EBITDA-positive (as of the last 12 months). |
What is the current EBITDA of Protean? | Protean's last 12 months EBITDA is $10.4M. |
What is Protean's EBITDA margin? | Protean's last 12 months EBITDA margin is 10%. |
What is the current EV/EBITDA multiple of Protean? | Current EBITDA multiple of Protean is 41.2x. |
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