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0 P R OT E A N e G O V T E C H N O L O G I E S L I M I T E D Q2 & H1FY26 Investor Presentation
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Protean eGov Technologies Limited I Investor Presentation 2025-26 Index Company Overview & Investment Thesis 01 Q2FY26 Updates 02 Business Overview 03
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Protean eGov Technologies Limited I Investor Presentation 2025-26 About Protean - Contributors to Building DPI 01 Uniquely Positioned for Future Growth 02 Company Overview & Investment Thesis Driving the Change: Building for Billions 03 Strategically Positioned to serve Indiaâs Digital Growth Story 04 Protean â Business Opportunity Overview 05
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Protean eGov Technologies Limited I Investor Presentation 2025-26 4 About Protean: Contributors to Building DPI Over 3 decades of experience in building Digital Public Infrastructure (DPI) & developing innovative citizen-centric e-governance solutions Enabled 21+ nationally critical e-Governance stacks while working with several ministries across diverse sectors Tax Services Central Recordkeeping Agency - NPS, APY & UPS Digital Identity Data Stack Open Digital Ecosystems Cloud & Infosec Services Focus Areas / Business Levers Building e-Governance platforms Provisioning Digital Identity Enabling Data Stack Enabling democratic access through Open Digital Ecosystems Powering Enterprise Digitization Tax Information Network Central Recordkeeping Agency for NPS, APY & UPS Online PAN Validation Licensed Service Agency for e-KYC, Auth Certifying Authority for E-sign Multisector Interventions Consumer & Corporate Tech as Application Service Provider Infra Services â Cloud PAN Card Issuance eSignPro AI Powered CKYC Infosec Proteanâs Strategic Positioning RISE with Protean Established Emerging Data Exchange â Account Aggregator E-commerce, Mobility, Open Finance, (ONDC), Agriculture, Health Education & Skilling InsuranceAadhaar Seva Kendra
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Protean eGov Technologies Limited I Investor Presentation 2025-26 5 Uniquely Positioned for Future Growth Strong phygital national presence with 4 Lakh+ distribution points enabling deep last-mile reach Market Leader Taxation (cumulative 63% share), Central Recordkeeping Agency (98% market share), Identity Services: Leader across B2G | B2B Professionally Managed, led by an experienced Board and Management Continued growth momentum in core businesses (Tax, CRA, Identity) with high growth potential in new verticals like Cloud, ODE, and Data Stack Strong in-house innovation capabilities & Centres of Excellence for open-source technologies with 400+ tech resources onboard Taking India Stack global: Focus on expansion across Southeast Asia, Middle East and Africa Asset light Debt-Free balance sheet with cash reserves of âš 800Cr.+ Pioneer and Architect of Indiaâs DPI journey; custodian of nation-critical databases like Tax and Pension records 01 02 03 0405 08 07 06
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Protean eGov Technologies Limited I Investor Presentation 2025-26 6 Tax Services ⢠Issuers of the First Digitally Verifiable Tax ID ⢠Market leadership with a dominant 63% cumulative share in PAN issuance ⢠Largest Central Recordkeeping Agency ⢠98% market share with 8.8 Cr+ subscribers across B2C, B2B, and B2G channels ⢠Sole provider of all four foundational identity services : e-KYC, Aadhaar Auth, e- Sign, and Online PAN Verification Central Recordkeeping Agency Digital Identity Open Digital Ecosystems Data Stack Cloud & Infosec Services ⢠Multi-sector Digital Interventions at scale ⢠Founding architect of ONDCâs core infrastructure (Gateway, Registry, Recon & Settlement), with a first-mover advantage in Layer-1 enablement ⢠DPI Expansion: Agriculture, Education & Skilling, Health and Insurance ⢠Sovereign-grade, MeitY-certified, Made in India Cloud Stack ⢠Comprehensive Digital Stack for BFSI ⢠eSign Pro ⢠RISE with Protean ⢠CKYC ⢠Account Aggregator Leaders in building Digital Public Infrastructure Domestic Building large-scale digital infrastructure across e-Commerce, Agriculture, Education & Skilling, Health and Insurance International Exporting India Stack and Open-Source technologies across Southeast Asia, Middle East, and Africa Driving the Change: Building for Billions Primarily Annuity Revenue Recurring SaaS revenue Recurring SaaS revenue Transactional revenue with predictable stability
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Protean eGov Technologies Limited I Investor Presentation 2025-26 7 Indiaâs Next-Generation Digital Growth Enablers FinancializationDemographic Shift Digitization Accelerating formalization, compliance, and capital access ⢠Digital payment users at 46.5 Cr (32% penetration), +16.3% YoY growth ⢠3X growth in non-cash transactions from FY21 to FY24 Enabling inclusion across age, income, and geography ⢠Indiaâs population > 146 Cr; 65% in Tier-2/3 & rural markets Multisector scalable, interoperable digital public infrastructure ⢠Internet penetration at 61.6% (90 Cr users) ⢠QR code deployments rose ~92% YoY in FY25, with over 75% of new installations in Tier-2/3 cities Rising per capita income Growth in household savings 45% YoY growth in the number of digital loans originated 20 - 22 46 - 50 130 - 135 2022 2025 2030 Online Share 11-13% 20-23% 38-42% Digital Personal & Consumer loans ($Bn) Increasing internet penetration ..with rising volume of digital payments 33% 62% 76 â 78% FY17 FY25 FY27P 42 90 105 - 110 Internet Penetration Rising working age population Rising tax-payer base 141 143 144 145 146 93 96 98 101 105 FY21 FY22 FY23 FY24 FY25 Population Working population Population Growth (in Cr) Number of Users (in Cr) Source â Multiple online research platforms and news articles. Strategically Positioned to serve Indiaâs Digital Growth Story
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Protean eGov Technologies Limited I Investor Presentation 2025-26 8 Our Edge Opportunity Size 4L+ assisted touchpoints, deep Tier 2/3 presence, and seamless digital PAN issuance Near-total market share with 400+ banks and 1.7L+ APY SPs enabling frictionless onboarding Sole provider of all 4 ID services, BFSI-preferred, with scalable, high- throughput infrastructure Proven DPI executor with Open Architecture; trusted partner to GoI across diverse sectors Made-in-India, Modular, Quantum- Safe cloud infra purpose-built for DPI and mission-critical use ⢠Taxpayer base growing at â6.6% CAGRâ ⢠Only ~40% population holds valid PAN card ⢠550 Mn Jan Dhan accounts vs 80 Mn APY holders; Indiaâs pension penetration is 6% vs 54% in US ⢠NPS AUM at âš14T vs âš75T in mutual fundsâ ⢠Digital Document Signing & Stamping: âš1,700 cr ⢠Digital Onboarding & ID Verification: âš12,000 cr â ⢠Data Analytics: âš93,000 cr ⢠ONDC user growth projection: 18.5 cr in FY23 to 48 cr in FY28â ⢠Budget for Digital Agri Mission: âš 2,800 cr; 19 states have signed MoU ⢠DPI opportunities in Healthcare ~ âš 500 crâ Tax Services CRA Services Digital Identity â & Data Stackâ Open Digital Ecosystems Cloud & Infosec ⢠Indiaâs cloud market to reach USD 76Bn by 2030â ⢠Accelerated digital adoption across finance, healthcare and government sector Protean: Business Opportunity Overview Source â Multiple online research platforms and news articles.
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Protean eGov Technologies Limited I Investor Presentation 2025-26 Q2FY26 Update MD Commentary Q2FY26 Key Highlights Strategic Win â Landmark UIDAI ASK Mandate Global Fintech Fest - 2025 Financial Performance 02 03 04 01 06 Key Drivers â Quarterly 05
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Protean eGov Technologies Limited I Investor Presentation 2025-26 10 Mr. Suresh Sethi Managing Director & Chief Executive Officer Landmark INR 1,370 crore mandate from UIDAI to establish and operate 188 District-Level Aadhaar Seva Kendras (ASKs) â a strong testament to Proteanâs proven capability in executing population-scale projects MD Commentary â â âI'm glad to share that Protean has delivered a resilient performance in Q2FY26, with 19% QoQ and 14% YoY growth in revenue . Our strategy to expand to sectors including and beyond BFSI, aligned with our core strength of building digital public infrastructure for the nation, has started yielding results with new businesses contributing 12% to our revenue . With a strong order book and a robust balance sheet, we're well-positioned to capitalize on emerging opportunities . The company secured a landmark INR 1,370 crore mandate from UIDAI to establish and operate 188 District -Level Aadhaar Seva Kendras (ASKs) â a strong testament to Proteanâs proven capability in executing population -scale projects . With this mandate, Protean becomes the only organisation to manage and scale both Aadhaar and PAN âtwo foundational IDs that anchor our digital nation . This milestone goes beyond a business achievement ; it underscores Proteanâs commitment to advancing Indiaâs digital transformation and improving the lives of millions through efficient, secure, and accessible Aadhaar services across the country . With a continued focus on innovation, financial inclusion and digitalisation , we're excited about the future and look forward to continuing to make a meaningful impact in the digital public infrastructure space while delivering ... long term value to all our stakeholders .â
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Protean eGov Technologies Limited I Investor Presentation 2025-26 11 Tax Services CRA Services Identity Services New Businesses The company maintained its leading market share of 58% in Q2FY26 Issued over one crore PAN cards during the quarter, reinforcing its scale, reliability, and pivotal role in Indiaâs financial ecosystem Healthy double -digit revenue growth of 12% YoY 41 lakhs new subscribers were onboarded capturing a significant 97% market share in the new additions More than 690 corporates were on boarded during the quarter Company continues to hold dominant market share of 98% Continues to build on the strong momentum of the Digital India movement The company has taken a conscious, capacity -driven approach to focus on select clients, strengthen market share, and drive higher volumes This focused strategy strengthen market share and drive higher volumes, the company has achieved sustained volume growth across most ID products, reinforcing its pivotal role in Indiaâs digital identity ecosystem Marked a significant milestone, with new businesses contributing 12% of total revenue in H1FY26 compared to 4% in FY25 Building on deep expertise in creating digital rails for mission - critical, population -scale projects; contributing to various ODEs across different sectors & digital identity led initiatives This diversification reflects our strategic shift towards enabling the next generation of DPI and broadening Proteanâs impact across emerging sectors Q2FY26 â Key Highlights Revenue âš 251 crore 14% YoY EBITDA âš 44 crore -3% YoY PAT âš 24 crore -15% YoY *Cash & Cash Equivalents Cash* > âš 800 crore Zero debt
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Protean eGov Technologies Limited I Investor Presentation 2025-26 12 UIDAI ASK Mandate Robust RFP Pipeline Revenue from New Business Q2FY26 â Key Highlights ⢠Protean won âš1,370 Cr. landmark mandate from UIDAI for district level Aadhaar Seva Kendras (ASKs) ⢠Covering ASKs in 188 district across India for an initial period of 6 years ⢠End-to-end responsibility for infrastructure setup, daily operations and delivery of Aadhaar services ⢠Population scale delivery ensuring secure, efficient and transparent delivery ⢠Protean is building strong pipeline of turnkey businesses, with more than âš 1,600 crore order book as on 30th September 2025 ⢠Strategically expanding a high-quality pipeline of RFP-led business opportunities ⢠The quarter marks significant achievement in new business with new business contributing 12% to the revenue in H1FY26 vs 4% in FY25 ⢠The company remains focused on diversifying revenue from key new businesses ⢠Protean participated in the worldâs largest Fintech Festival, where it launched and unveiled several next-generation fintech solutions. ⢠The company was honoured with the SKOCH Gold Award, the highest independent recognition conferred on governments, institutions, and organisations for outstanding contributions to governance and development. Other Updates
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Protean eGov Technologies Limited I Investor Presentation 2025-26 13 Strategic Win â UIDAI Aadhaar Seva Kendra (ASK) Mandate Protean won âš1,370 crore, mandate for ASK ⢠Won âš1,370 Cr mandate from UIDAI for complete setup and running the daily operations, ensuring smooth, ethical and secure delivery of Aadhaar services ⢠188 districts to be covered across India ⢠This is initially a 6 year engagement UIDAI mandate to establish district level ASKs ⢠UIDAI issued mandate for engagement of service providers to establish and run district level ASKs in 471 districts across India ⢠These ASKs will provide all front- end activities related to Aadhaar enrollment, biometric, demographic update and other miscellaneous Aadhaar services ⢠Also servicing new births and mandated biometric updates at the age of 5 and 15 years Reinforces Protean as Indiaâs Identity Backbone ⢠Deepens leadership in population- scale identity services and positionâs Protean as the only company contributing towards scaling up two critical national IDs for the country i.e Aadhaar & PAN ⢠Diversifies revenue mix and expands addressable opportunity
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Protean eGov Technologies Limited I Investor Presentation 2025-26 14 Global Fintech Fest â 2025 Protean launched and unveiled several first-of-its-kind fintech innovations: ⢠Sovereign AI âCloud -in-a-Boxâ : Simplifying compliance, enhancing data privacy, and enabling faster, affordable deployments across ecosystems ⢠Quantum-Safe Secure Data Vault: Integrated with the Pi-Control platform on Protean cloud, ensuring unparalleled data privacy and resilience ⢠e-NPS Express Onboarding: A breakthrough in CRA services, enabling new subscribers to join in under 90 seconds ⢠âState of DPI in Indiaâ Report: A comprehensive analysis highlighting Indiaâs progress in digital public infrastructure, its role in formalising the economy, advancing financial inclusion, and powering the nationâs $8 trillion growth ambition Appreciations: ⢠Proteanâs booth attracted strong interest from industry leaders and key government representatives, who lauded the companyâs pioneering work in digital public infrastructure across Pension, Aadhaar, and CKYCR 2.0. The Global Fintech Fest, the worldâs largest and the most prestigious fintech event, brought together leading industry veterans, innovators, and government authorities. Protean took the centre stage with its powerful theme: âIf itâs fintech, it must be powered by Protean.â
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Protean eGov Technologies Limited I Investor Presentation 2025-26 15 Key Drivers - Quarterly PAN Services CRA Services e-Sign Transactions 3.6 3.8 Q2FY25 Q2FY26 e-KYC Transactions 12.7 13.7 Q2FY25 Q2FY26 Aadhaar Authentication 19.4 23.8 Q2FY25 Q2FY26 Online Pan Verifications 78.1 77.7 Q2FY25 Q2FY26 50% 44% 50% 56% Q2FY25 Q2FY26 Offline Online Total PANs issued till date 54.7 Cr 7.7 8.8 0.4 0.4 Q2FY25 Q2FY26 Cumulative New Additions Cumulative till date 67.2 Cr Cumulative till date 233.3 Cr Cumulative till date 1,585.2 CrCumulative till date 363.7 Cr 1.2 1.1 (in crore)
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Protean eGov Technologies Limited I Investor Presentation 2025-26 16 Financial Performance Particulars Q2FY26 Q2FY25 YoY Q1FY26 QoQ H1FY26 H1FY25 YoY Revenue from Operations 251 220 14% 211 19% 461 416 11% Other Income 15 14 8% 29 -49% 43 33 31% Total Income 265 233 14% 239 11% 504 449 12% - Tax Services 107 119 -10% 100 8% 207 217 -4% - CRA Services 78 70 12% 76 3% 154 136 14% - Identity Services 22 24 -6% 24 -7% 46 51 -10% - Others 43 7 513% 11 281% 54 13 326% EBITDA 44 45 -3% 45 -2% 89 80 12% EBITDA Margin 16.6% 19.4% -281 bps 18.8% -220 bps 17.6% 17.7% -10 bps Profit before Tax 32 38 -15% 32 -1% 64 65 0% Tax 8 10 -14% 9 -4% 17 16 7% Profit after Tax 24 28 -15% 24 0% 48 49 -3% PAT Margin 9.0% 12.0% -302 bps 10.0% -96 bps 9.5% 10.9% -148 bps (âš in crore)
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Protean eGov Technologies Limited I Investor Presentation 2025-26 17 Balance Sheet Assets Sepâ25 Marâ25 Tangible Assets 42 47 Right-of-use / Intangible Assets 127 116 Financial Assets 516 616 Other Non-Current Assets 42 56 Total Non-Current Assets 727 836 Trade Receivables 238 144 Cash and Bank 108 136 Other Financial and Current Assets 244 191 Total Current Assets 589 471 Assets Held for Sale - - Total Assets 1,316 1,307 (âš in crore) Equity & Liabilities Sepâ25 Marâ25 Shareholderâs Equity 1,018 999 Borrowings - - Lease and Other Non-Current Liabilities 72 82 Total Non-Current Liabilities 72 82 Borrowings - - Trade Payables 111 103 Lease and Other Financial & Current Liabilities 115 123 Total Current Liabilities 226 226 Total Liabilities 298 308 Total Equity and Liabilities 1,316 1,307
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Protean eGov Technologies Limited I Investor Presentation 2025-26 Modernization of Indiaâs Tax Infrastructure Growing Use Cases, Expanding TAM: PANâs Rising Utility.. 01 Protean â a leader in Tax Service 02
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Protean eGov Technologies Limited I Investor Presentation 2025-26 19 Source: Multiple industry reports and news articles Indiaâs Population (in cr.) 142.5 143.8 145.1 146.4 FY22 FY23 FY24 FY25 MSME Registrations (in cr.) 0.5 0.9 1.5 6.2 FY22 FY23 FY24 FY25 131% CAGR ~1.2 Cr Youth enter the workforce every year 18.1 Cr+ DEMAT account holders ~5 Cr New bank accounts opened every year >80 Lakhs PAN Verifications on a daily basis ~40% Indian population with a valid PAN card Growing Use Cases, Expanding TAM: PANâs Rising Utility.. Growing use cases for PAN: 200+ Government schemes and subsidies require PAN PAN required for multiple financial transactions ⢠Investments in stock market and mutual funds ⢠Availing credit from financial institutions ⢠Property transactions, jewellery purchase & foreign trips Universal Business ID Single identifier for businesses â Key document for registration & regulatory compliance Digital Economy Enabler Vital for authentication of digital transactions Unorganised Workforce Integration ⢠30 Cr workers in the unorganised sector (Jul 2024). ⢠Govt. pushing PAN-based IDs for gig & informal workers
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Protean eGov Technologies Limited I Investor Presentation 2025-26 323 366 434 487 424 FY21 FY22 FY23 FY24 FY25 20 Protean â a leader in Tax Services Stable recurring revenue potential backed by government mandates & rising compliance needs Protean - Annual PAN Issued (in cr.) Tax Services Revenue (âš in cr.) 7% CAGR 77% 70% 61% 52% 47% 23% 30% 39% 48% 53% FY21 FY22 FY23 FY24 FY25 Offline Online 10% CAGR 3.7 4.1 5.0 4.43.0 In 2004, Protean set up the Tax Information Network ⢠Largest issuer of Indiaâs Digital Tax Identity ⢠Asset light, ⢠Prepaid B2C ⢠Transactional Business ~7-8 Cr PAN cards issued per year ~54.7 Cr Cumulative PAN cards issued by Protean growing at 19% CAGR 64% Protean Market Share in Cumulative PAN Issuance
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Protean eGov Technologies Limited I Investor Presentation 2025-26 Central Recordkeeping Agency NPS|APY|UPS CRA Services: Large Headroom for Growth 01 Protean â Strengthening the Social Security Infra 02
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Protean eGov Technologies Limited I Investor Presentation 2025-26 22 Indiaâs Social Security Push ⢠NPS employer contribution increased from 10% to 14% (under the New Regime) ⢠Under New Tax regime, NPS is the only deduction allowed ⢠Unified Pension Scheme launched: set to serve 35 lakh Central Govt. employees with a potential to serve 65 lakh+ State Govt. employees ⢠Association of NPS Intermediaries launched: To unify and strengthen NPS intermediaries ⢠Low Pension Coverage (AUM) : Indiaâs ~ 17% of GDP vs 55%+ in OECD nations ⢠Pension Penetration : 54% (US) vs 6% (India) ⢠NPS & APY AUM growing at ~ 30% CAGR (5 years) ⢠Underserved Market : NPS AUM at âš14T vs âš75T in mutual funds ⢠Global Benchmarking : India ranks 44/48 in Mercer Global Pension Index (2024), indicating significant expansion scope Indiaâs pension AUM to grow to Rs 118 trillion by 2030 Over 165 Lakh People Subscribe To the National Pension System In The Private Sector Govt seeks to spend Rs. 70 Billion for the new UPS initiative Atal Pension Yojana registers 1.17 crore new enrolment in 2024-25 Source: Multiple news articles, industry reports NDTV Profit, Marchâ25Moneycontrol, Aprilâ24 Outlook Money, Aprilâ25 Business Standard, Aprilâ25 Government Support for Pension Expansion Central Recordkeeping Agency: Large Headroom for Growth Growth Drivers No. of Accounts under PM Jan Dhan Yojana (In Cr.) 42 45 49 52 55 FY21 FY22 FY23 FY24 FY25 7% CAGR
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Protean eGov Technologies Limited I Investor Presentation 2025-26 23 Protean â Strengthening the Social Security Infra CRA Services - Revenue (âš in cr) CRA Services â No. of subscribers (in cr) 4.2 5.1 6.2 7.2 8.2 FY21 FY22 FY23 FY24 FY25 18% CAGR 197 204 221 253 283 FY21 FY22 FY23 FY24 FY25 9% CAGR Proteanâs Dominant Position... Built Indiaâs First Digital Pension Infrastructure â enabling seamless onboarding and servicing Indiaâs largest CRA with 98%+ market share in NPS, APY and UPS Primary CRA for Unified Pension Scheme Developed a robust, fully compliant platform for UPS in record time demonstrating Tech Excellence and Commitment Dual revenue stream â Primarily more than 92% annuity revenue
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Protean eGov Technologies Limited I Investor Presentation 2025-26 Key Contributor : Indiaâs Foundational Identity Steady growth in Digital Identity Services 01 Protean â Comprehensive Service Portfolio 02 Data Stack: Opportunity 03
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Protean eGov Technologies Limited I Investor Presentation 2025-26 25 Steady growth in Digital Identity Services Increase in Mobile Phone and Internet Subscribers Banking Penetration and Digital Transactions Worldâs largest Direct Benefits Transfer Programme Growth Drivers ⢠1.1 Bn+ Mobile Connections ⢠~720 Mn Smartphone Users in 2025 (over 40% access financial services) ⢠~900 Mn internet users (2025) ⢠218K Village Councils connected to Broadband (Bharatnet) ⢠Mobile data costs 37 times lower than US ⢠80%+ Banking Penetration (550 Mn Accounts with balances of over INR 2.1 Tn) ⢠1.6 Mn bank accounts opened per day (FY25) ⢠Interoperable Banking Infra (CBS, NFS, AePS) - Distance to Bank reduced to 0 KM ⢠613 mn digital transactions happening in a day; UPI â 18.4 Bn+ transactions (June 2025) ⢠Since UPIâs launch (2017), India has been improving financial inclusion at a CAGR of 5%+ ⢠Estimated Savings of $52 Bn across DBT schemes since 2013-14 ⢠$227 Mn+ Direct benefits transferred per day in 2025 ⢠300+ schemes and 900 Mn beneficiaries (FY25) Strong growth in Infrastructure Development â Physical and Digital Accelerated adoption of digital and financial services, leading to increased demand for Digital Identification and Verification
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Protean eGov Technologies Limited I Investor Presentation 2025-26 26 Protean â Comprehensive Service Portfolio Aadhaar Authentication Revenue â Identity Services e-KYC Transactions e-Sign Transactions Cumulative till date 363.7 Cr Cumulative till date 233.3 Cr Cumulative till date 67.2 Cr 17.9 27.5 27.7 47.5 56.5 FY21 FY22 FY23 FY24 FY25 (IN CRORES) ~15 lacs Transactions per day Dominant market position (among top 5 ASAs) 93.7 212.3 241.3 326.7 321.6 FY21 FY22 FY23 FY24 FY25 (IN CRORES) ~88 lacs Transactions per day ~90% Market Share Cumulative till date 1,585.2 Cr 9.1 17.4 24.6 50.9 51.2 FY21 FY22 FY23 FY24 FY25 3.6 8.2 10.1 15.8 15.4 FY21 FY22 FY23 FY24 FY25 ~14 lacs Transactions per day Dominant market position (among top 5 KSAs) ~4.2 lacs Transactions per day ~70% Market Share (IN CRORES) (IN CRORES) 59* 68 111 99 FY22 FY23 FY24 FY25 (âš IN CRORES) Sole provider of all four foundational identity services: E-sign, EKYC, Aadhaar Auth and OPV *adjusted for revision in UIDAI Charges from Rs.20 per transaction to ~Rs.3 per transaction which is pass through cost for the company Source: UIDAI Online Pan Verification
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Protean eGov Technologies Limited I Investor Presentation 2025-26 27 Data Stack: Opportunity Positioning Protean as a partner of choice for both public and private sector playersâ Foundational Identity (e-KYC, Aadhaar Auth, e-Sign, OPV) RISE with Protean (ID Verification & On-boarding) eSignPro (Digital Document Management) ~1,700 ⢠Sole provider with end-to-end stack: Aadhaar e-Sign + e-Sign Workflow + e-Stamping + Document Management System ⢠Market leader with strong forward and backward integration (in-house e-KYC and ESP license) ⢠Highly configurable basis client needs ~12,000 ~400 ⢠Comprehensive multi-sectoral API marketplace for Digital Onboarding, Identity Verification, etc. ⢠Powering RBIH ULI & Governmentâs API Setu ⢠Fully automated workflows with sandbox capabilities ⢠Sole provider of all 4 foundational identity services (e-KYC, Aadhaar Auth, OPV and e-Sign) ⢠Market leader across BFSI segment ⢠Robust system architecture designed for high-throughput and continuous availability at scale Opportunity Size (in Cr) Value Proposition Source â Multiple online research platforms and news articles.
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Protean eGov Technologies Limited I Investor Presentation 2025-26 Open Digital Ecosystems - ODE Building Digital Public Infrastructure layer by layer 01
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Protean eGov Technologies Limited I Investor Presentation 2025-26 29 Aligned with Indiaâs visionary DPI framework built on open standards and protocols, Protean continues to contribute towards multisectoral Open Digital Ecosystems 20+ Hyperlocal domains including: ⢠Mobility & Transport ⢠Open Finance ⢠Groceries & Fashion ⢠Electronics ⢠Farmer ID ⢠Land Record ⢠Crop Registries ⢠Soil Health Record ⢠Agri Finance ⢠Customized Advisory Decentralized network for: ⢠Education Finance ⢠Skilling ⢠Learning ⢠Sustainable Livelihood ⢠Health ID Issuance ⢠Health Facility Digitization ⢠Personal health record app ⢠Health Exchange PAN - Digitally Verifiable Identity Tax Information Network Direct & Indirect taxes Automation of Central Excise and Service Tax TAX Broadened the ambit of Pension system in India Central Recordkeeping Agency for ⢠NPS ⢠APY ⢠UPS CRA Sole provider of all four foundational identity services ⢠eSign ⢠eKYC ⢠Online PAN Verification ⢠Aadhaar Authentication IDENTITY Creating a unified digital marketplace that seamlessly connects customers, insurers and intermediaries, fostering financial security nationwide INSURANCE Building Digital Public Infrastructure layer by layer to solve for population scale challenges
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Protean eGov Technologies Limited I Investor Presentation 2025-26 Cloud and Infosec Cloud and Infosec 01
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Protean eGov Technologies Limited I Investor Presentation 2025-26 31 Indiaâs cloud computing market is projected to grow at a CAGR of 26.5% and reach ~USD 76 billion by 2030, as compared to ~USD 18 billion in 2024. Proteanâs Offerings Value Proposition Protean On-Premise Cloud One of Indiaâs few providers of self-service on-premise cloud that uses open-source tech to significantly cut costs. Managed Security Operation Center Indiaâs homegrown Managed SOC with in-house SIEM expertise, and a strong foundation in compliance and privacy. Quantum Safe Data Vault The sole âMade in Indiaâ Quantum Safe Data Vault, uniquely integrated with digital services like e-Sign. Secure API Gateway Strategic integration of Yappes API Gateway enables expansion and scalability across BFSI, healthcare, and government sectors. AI in a Box Delivers modular, scalable in-house AI models tailored to enterprise needs.Certifications â MEITY, PCI-DSS, SOC 1, SOC 2, SOC 3, ISO, HIPPA Cloud & Infosec Growth Drivers Accelerated digital adoption across key sectors (finance, healthcare, manufacturing, government) Ongoing national programs like Digital India, e - governance, and data localization mandates The rise of AI, analytics, edge computing, and pay-as-you-go models Increased public and private sector cloud investments, including major expansions from global players and Indian IT firms
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Protean eGov Technologies Limited I Investor Presentation 2025-26 International Business DPI Components â For International Markets 01
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Protean eGov Technologies Limited I Investor Presentation 2025-26 33 Foundation IDIt is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. ITAS It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. E-KYC It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. Health It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. Foundation ID Open Source Digital Public Goods (DPG) ITAS Product Approach Open Source TAX SYSTEM E-KYC E-SIGN Digital On-Boarding / AML Health Public Health Platform Foundation IDIt is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. ITAS It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. E-KYC It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. Health It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. Foundation ID Open Source Digital Public Goods (DPG) ITAS Product Approach Open Source Tax System E-KYC E-SIGN Digital On-Boarding / AML Target Geographies â South East Asia â Middle East â Africa DPI Components â For International Markets
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P R O T E A N e G O V T E C H N O L O G I E S L I M I T E D PROTEAN eGOV TEC HNOLOGIES LIMITED |INVES TOR PRES ENTATION 2025-26 34 DISCLAIMER This presentation and the accompanying slides (the âPresentationâ) have been prepared by Protean eGov Technologies Limited (the âCompanyâ) solely for information purposes and do not constitute any offer, recommendation, or invitation to purchase or subscribe for any securities and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. Certain statements in this presentation concerning our future growth prospects are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward- looking statements. The Risk and uncertainties relating to the statements include but are not limited to, risks and uncertainties regarding fiscal policy, competition, inflationary pressures, climate and general economic conditions affecting demand/supply and price conditions in domestic and international markets. The Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable. This Presentation may not be all- inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. The Company does not make any promise to update/provide such a presentation along with results to be declared in the coming quarters and years. Thank You F o r I n v e s t o r R e l a t i o n s Q u e r y c o n t a c t Pushpa Mani Vice President-Head Investor Relations +91 9911684123 Pushpa@proteantech.in/ir@proteantech.in