Protean Share Price: Target & Forecast 2025 To 2030

If you invest in the stock market, you must know the Protean share price targets for 2025, 2026, 2027, 2028, 2029, and 2030. Here, you will get detailed information regarding all your queries, such as its fundamentals, shareholdings, financial performance, future predictions, and more.

Protean Company Overview

Protean e-Governance Technologies Limited, founded in 1995 and headquartered in Mumbai, is a leading provider of e-governance solutions in India. Formerly known as NSDL e-Governance Infrastructure Limited, the company specializes in developing and managing large-scale, technology-driven solutions for the government and public sector.

It plays a key role in digitizing citizen services, providing solutions for tax administration, identity management, financial inclusion, and healthcare. Protean has been instrumental in implementing major national projects such as the PAN card issuance system, the National Pension System (NPS), and the Aadhaar-based authentication platform.

With a strong focus on data security, scalability, and innovation, the company continues to work towards enhancing citizen engagement and streamlining public service delivery. Led by its management team, Protean has established itself as a trusted partner for government and private institutions. The company is publicly listed on NSE and BSE, reflecting its strong market position and consistent growth in the e-governance space.

Fundamentals of Protean

• Market Cap: ₹5,200.31 Cr.
• ROE: 11.33%
• ROCE: 14.83%
• P/E Ratio: 55.54
• P/B Ratio: 5.32
• Dividend Yield: 0.78%
• Book Value: ₹240.95
• Face Value: ₹10
• EPS (TTM): ₹23.09
• 52-Week High: ₹1,535
• 52-Week Low: ₹1,247.10

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Protean Share Price Target 2025

After analyzing Protean’s past price trends and market performance, it is estimated that the stock could reach ₹1,375.28 by early 2025.

By the middle of the year, driven by market demand and sector performance, the price could rise to around ₹1,465.47.

By the end of 2025, Protean’s share price can achieve the target of ₹1,530.00.

Month	Target Price (₹)
January	₹1,274.61
February	₹1,319.15
March	₹1,350.72
April	₹1,375.28
May	₹1,398.64
June	₹1,420.12
July	₹1,440.58
August	₹1,465.47
September	₹1,480.21
October	₹1,495.78
November	₹1,510.39
December	₹1,530.00

Protean Share Price Target 2026

After analyzing Protean’s past price trends and market performance, it is estimated that the stock could reach ₹1,540.26 by early 2026.

By the middle of the year, driven by market demand and sector performance, the price could rise to around ₹1,700.42.

By the end of 2026, Protean’s share price can achieve the target of ₹1,800.64.

Year	Target Price (₹)
Beginning	₹1,540.26
Middle	₹1,700.42
End	₹1,800.64

Protean Share Price Target 2027

After analyzing Protean’s past price trends and market performance, it is estimated that the stock could reach ₹1,820.45 by early 2027.

By the middle of the year, driven by market demand and sector performance, the price could rise to around ₹1,900.38.

By the end of 2027, Protean’s share price can achieve the target of ₹2,000.58.

Year	Target Price (₹)
Beginning	₹1,820.45
Middle	₹1,900.38
End	₹2,000.58

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Protean Share Price Target 2028

After analyzing Protean’s past price trends and market performance, it is estimated that the stock could reach ₹2,050.72 by early 2028.

By the middle of the year, driven by market demand and sector performance, the price could rise to around ₹2,180.36.

By the end of 2028, Protean’s share price can achieve the target of ₹2,300.45.

Year	Target Price (₹)
Beginning	₹2,050.72
Middle	₹2,180.36
End	₹2,300.45

Protean Share Price Target 2029

After analyzing Protean’s past price trends and market performance, it is estimated that the stock could reach ₹2,350.18 by early 2029.

By the middle of the year, driven by market demand and sector performance, the price could rise to around ₹2,480.21.

By the end of 2029, Protean’s share price can achieve the target of ₹2,600.37.

Year	Target Price (₹)
Beginning	₹2,350.18
Middle	₹2,480.21
End	₹2,600.37

Protean Share Price Target 2030

After analyzing Protean’s past price trends and market performance, it is estimated that the stock could reach ₹2,650.72 by early 2030.

By the middle of the year, driven by market demand and sector performance, the price could rise to around ₹2,780.56.

By the end of 2030, Protean’s share price can achieve the target of ₹2,900.92.

Year	Target Price (₹)
Beginning	₹2,650.72
Middle	₹2,780.56
End	₹2,900.92

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Protean Share Price Target & Forecast 2025 To 2030

Year	Target Price
2025	₹1,530.00
2026	₹1,800.64
2027	₹2,000.58
2028	₹2,300.45
2029	₹2,600.37
2030	₹2,900.92

Shareholding Pattern of Protean

• Retail & Other: 68.75%
• Promoters: NA
• Foreign Institution: 7.12%
• Mutual Funds: 7.49%
• Other Domestic Institutions: 16.63%

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Protean Income Statement

Protean recorded revenue of ₹8.82 billion, reflecting healthy year-on-year growth of 18.84%. However, operating expenses rose 21.43% to ₹5.14 billion, putting pressure on margins. As a result, net income declined 9.11% to ₹972.90 million, and net profit margin came in at 11.03% (a decline of 23.51%), reflecting weak profitability.

Earnings per share (EPS) stood at ₹23.94. EBITDA declined 14.00% to ₹962.00 million, reflecting pressure on operating efficiency. Effective tax rate of 23.91% remains stable but increases profitability constraints.

Protean Balance Sheet

Total assets grew 7.35% to ₹11.85 billion, driven by higher cash reserves and investments. Total liabilities increased by 4.88% to ₹2.59 billion, indicating moderate leverage. Total equity increased to ₹9.26 billion, maintaining a healthy capital structure.

Cash and short-term investments increased by 15.49% to ₹1.65 billion, enhancing liquidity. The price-to-book (P/B) ratio of 5.69 indicates that the stock is fairly valued relative to its book value. Return on assets (ROA) at 4.42% and return on capital (ROC) at 5.58% indicate stable but moderate operating efficiency.

Protean Cash Flow

Despite the decline in net income, cash from operations declined significantly by 58.00% to ₹575.40 million, indicating weak cash generation capability. Cash from investments increased by 106.62% to ₹187.00 million, indicating an increase in capital investments or acquisitions. Cash generated from financing was -₹474.50 million (a decline of 7.13%), reflecting controlled debt repayment or shareholder returns.

Net change in cash increased by 115.19% to ₹287.90 million due to better working capital management. Free cash flow declined sharply by 56.99% to ₹424.86 million, reflecting reduced cash flow after investments.

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Key Competitors of Protean

• Sagility India
• Firstsource Solutions
• Inventurus Knowledge Solutions
• BLS International Services
• Route Mobile
• eClerx Services
• R Systems International
• Zaggle Prepaid Ocean Services
• Datamatics Global Services
• RPSG Ventures

Protean Share Price FAQ

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Disclaimer: The information in this article is for educational purposes only, and market analysts give the targets mentioned in it as suggestions. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.