Protean Egov Technologies Limited · NSE:PROTEAN
Protean Egov Technologies — Q2 FY27 Earnings Presentation
28 slides from Protean Egov Technologies's earnings presentation, Nov 5, 2026
Slide 1: Exchange intimation letter for investor presentation
Ref: Protean/Secretarial/2026-27/54 November 5, 2026 To, BSE Limited (“BSE”) National Stock Exchange of India P.J. Towers, Dalal Street, Limited Fort, Mumbai – 400 001 Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Scrip Code: 544021 Mumbai – 400051, India Trading symbol: PROTEAN De
Slide 2: Q2 & H1FY27 Investor Presentation
PROTEAN eGOV TECHNOLOGIES LIMITED DIGITAL Q2 & H1FY27 Investor Presentation
Slide 3: Index
Index A Company Overview B Q2FY27 Update C Strategic Business Levers: 1 Build & Operate Digital Public Infrastructure in India & Globally 2 Enabling Enterprise Digital Ecosystems Protean eGov Technologies Limited I Investor Presentation 2026-27
Slide 4: Company Overview
A Company Overview 01 Building Digital Trust for Billions - India and Beyond 02 Continued Momentum in India’s Digital Growth Story 03 Leader in providing Tax Services 04 Leader in providing Retiral Services 05 Sole entity providing all four foundational Identity Services 06 Building Aadhaar Seva Ken
Slide 5: Building Digital Trust for Billions - India and Beyond
Building Digital Trust for Billions - India and Beyond Over 3 decades of experience in building Digital Public Infrastructure (DPI) Enabled 21+ nationally critical e-Governance stacks while & developing innovative citizen-centric e-governance solutions working with several ministries across diverse
Slide 6: Continued Momentum in India's Digital Growth Story
Continued Momentum in India’s Digital Growth Story India’s Next-Generation Digital Growth Enablers Demographic Shift Financialization Digitization Enabling inclusion across age, income, and Accelerating formalization, compliance, Multisector scalable, interoperable digital geography and capital acce
Slide 7: Leader in providing Tax Services
Leader in providing Tax Services Stable recurring revenue potential backed by government mandates & rising compliance needs Protean – Annual PAN Issued (in crore) Tax Services Revenue (₹ in crore) ~59% Indian population 9% CAGR without a PAN card 9% CAGR 3.7 4.1 5.0 4.4 4.7 >5 crore 30% 39% New bank
Slide 8: Leader in providing Retiral Services
Leader in providing Retiral Services CRA Services – No. of subscribers (in crore) CRA Services - Revenue (₹ in crore) ~54 cr Jan Dhan Accounts vs ~9.4 cr NPS + APY Accounts 17% CAGR 9% CAGR NPS employer contribution increased from 10% to 14% under the new tax regime 9.4 8.2 304 7.2 283 6.2 221 253 L
Slide 9: Sole entity providing all four foundational Identity Services
Sole entity providing all four foundational Identity Services Preferred partner to BFSI for: e-Sign, e -KYC, Aadhaar Auth and OPV Aadhaar Authentication Online Pan Verification Revenue – Identity Services (IN CRORES) (IN CRORES) (₹ IN CRORES) ~17 lacs ~83 lacs Transactions Transactions per day per d
Slide 10: Building Aadhaar Seva Kendra's across India
Building Aadhaar Seva Kendra’s across India 1 Uttarakhand 2 2 4 4 Jammu & Kashmir Uttar Pradesh 28 28 2 2 Punjab Nagaland 1 1 Bihar 9 10 • Won UIDAI Mandate to setup Himachal Pradesh 1 1 Manipur 1 1 192* Aadhaar Seva Kendra’s 8 7 Haryana (ASKs) across India Jharkhand 6 6 3 3 Delhi Assam 6 6 10 10 Ra
Slide 11: Protean is well positioned to Carpe-Diem
Protean is well positioned to Carpe-Diem India Opportunity Right to Win • Taxpayer base growing at 6.5% CAGR since 4L+ active assisted touchpoints, deep FY18 Tier 2/3 presence, and seamless Tax Services • ~59% Indian population without valid PAN card phygital PAN issuance • 58 crore Jan Dhan accou
Slide 12: Uniquely Positioned for Future Growth
Uniquely Positioned for Future Growth Pioneer and Architect of India’s DPI journey; custodian of nation-critical databases like Tax and Aligned to execute Government’s strategy Pension records of taking India Stack global Market Leader Taxation (cumulative 64%% Strong phy-gital national presence wit
Slide 13: Immediate Strategic Priorities being worked on
Immediate Strategic Priorities being worked on Consolidate. Execute. Scale Grow the Core Businesses Margin Expansion Accelerate CRA Business; Deepen share in Tax and Identity Double down on high margin products, Cost optimization, services; Successfully deliver on the RFP mandates: CKYCRR Product ra
Slide 14: Q2FY27 Update
B B Q2FY27 Update 01 MD & CEO Commentary 02 Key Highlights – Q2FY27 03 Key Drivers – Q2FY27 04 Financial Performance 05 Balance Sheet Protean eGov Technologies Limited I Investor Presentation 2026-27
Slide 15: MD & CEO Commentary
MD & CEO Commentary With a strong team, refreshed product and client approach, supported by strong balance sheet liquidity, we are committed to invest in our stated approach with strong focus on profitability “ “This quarter marks an important milestone for Protean, with two key RFP mandates almost
Slide 16: Key Highlights – Q2FY27
Key Highlights – Q2FY27 Tax Services CRA Services Identity Services New Initiatives Onboarded 4.7 million new New initiatives contributed 16% of The segment reported robust The segment delivered a strong 24% subscribers, an increase of 15% YoY the total revenue in Q2FY27 revenue growth of 13% YoY in
Slide 17: Key Drivers – Q2FY27
Key Drivers – Q2FY27 (in crore) PAN Services CRA Services e-Sign Transactions 1.2 1.3 4.6 56% 61% 10.1 8.8 3.8 44% 39% 0.4 0.5 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Offline Online Cumulative New Additions Cumulative till date 84.4 Cr Total PANs issued till date 59.6 Cr e-KYC Transactions Aadhaar
Slide 18: Financial Performance
Financial Performance (₹ in crore) Particulars Q2FY27 Q2FY26 YoY Q1FY27 QoQ H1FY27 H1FY26 YoY Revenue from Operations 271 251 8% 251 8% 522 461 13% Other Income 19 15 31% 15 24% 35 43 -20% Total Income 290 265 9% 266 9% 556 504 10% - Tax Services 121 107 13% 100 22% 221 207 7% - CRA Services 80 78 2
Slide 19: Balance Sheet
Balance Sheet (₹ in crore) Assets Sep’26 Mar’26 Equity & Liabilities Sep’26 Mar’26 Tangible Assets 150 63 Shareholder’s Equity 1,063 1,077 Right-of-use / Intangible Assets 155 122 Borrowings - - Lease and Other Non-Current Financial Assets 514 610 123 91 Liabilities Other Non-Current Assets 65 69 To
Slide 20: Build & Operate Digital Public Infrastructure in India & Globally
C.1 B Build & Operate Digital Public Infrastructure in India & Globally 01 Protean’s expertise in Building India’s Digital Public Infrastructure 02 Aligned with Nation’s Vision for Digital Bharat 03 Taking India’s DPI to the World - Protean’s Global Expansion Strategy Protean eGov Technologies Limit
Slide 21: Protean's expertise in Building India's Digital Public Infrastructure
Protean’s expertise in Building India’s Digital Public Infrastructure Aligned with India’s visionary DPI framework built on open standards and protocols, Protean continues to contribute towards multisectoral Open Digital Ecosystems TAX RETIRALS IDENTITY Broadened the ambit of Pension system Sole pro
Slide 22: India's Trust Infrastructure - Built Locally, Deployed Globally
India’s Trust Infrastructure - Built Locally, Deployed Globally Aligned with Nation’s Vision for Digital Bharat “India has created an online Global Digital Public Infrastructure Repository. We are ready to share our experience of using Digital Public Infrastructure with the world, especially the Glo
Slide 23: Taking India's DPI to the World - Global Expansion Strategy
Taking India’s DPI to the World - Protean’s Global Expansion Strategy Global Expansion through “ DPI-in-a-Box” approach DPI @ : TAX + RETIRALS + IDENTITY + CENTRAL KYC + INSURANCE + DIGITAL COMMERCE + AGRICULTURE + EDUCATION + HEALTH + ... Digital Identity Citizen Wallet Interoperable identity frame
Slide 24: Enabling Enterprise Digital Ecosystems
C.2 Enabling Enterprise Digital Ecosystems AI Powered ‘Intelligence Layer’ atop Digital Public Infrastructure 01 Enabling Enterprise Digital Ecosystems 02 From API led stack to journey led onboarding 03 Strategic Vision Protean eGov Technologies Limited I Investor Presentation 2026-27
Slide 25: Enabling Enterprise Digital Ecosystems
Enabling Enterprise Digital Ecosystems End-to-end Onboarding Jounery’s using Customisable API Stack (RISE with Protean) • eKYC, Aadhaar Auth, Online Pan Verification, CKYC • Comprehensive multi-sectoral curated API stack by combining “proprietary and partner” products • Contributing to RBIH ULI & Go
Slide 26: From API-Led Stack to Journey-Led Onboarding
From API-Led Stack to Journey-Led Onboarding Application Identity Verification Consent Analyser Documentation Activation Where enterprises use it Capability layers behind every journey Digital lending Identity Online PAN Verification • eKYC • Aadhaar Authentication Retail | SME | Business | Corporat
Slide 27: Strategic Vision
Strategic Vision India’s Trust Infrastructure - Built Locally, Deployed Globally Global ‘Trust Infrastructure’ Company for Market Leader in Enterprise Digital DPI Solutions Partner of choice for all ‘National & Global’ open-source For BFSI and Enterprises alike deployments via our DPI-in-a-Box appro
Slide 28: Thank You
DISCLAIMER This presentation and the accompanying slides (the “Presentation”) have been prepared by Protean eGov Technologies Limited (the “Company”) solely for information purposes and do not constitute any offer, recommendation, or Thank You invitation to purchase or subscribe for any securities a
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