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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 Q3 & 9MFY26 Investor Presentation ,. · . .-' oo protean GIT
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Protean eGov Technologies Limited I Investor Presentation 2025-26 Index Company Overview & Investment Thesis 01 Q3FY26 Updates 02 Business Overview 03 0 0 0
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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 India’s Digital Growth Story 04 Protean – Business Opportunity Overview 05 0 0 0 0 0
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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 – Cloud PAN Card Issuance eSignPro AI Powered CKYC Infosec Protean’s Strategic Positioning RISE with Protean Established Emerging Data Exchange – Account Aggregator E-commerce, Mobility, Open Finance, (ONDC), Agriculture, Health Education & Skilling InsuranceAadhaar Seva Kendra protean
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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 64% 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 ~ ₹ 800Cr. Pioneer and Architect of India’s DPI journey; custodian of nation-critical databases like Tax and Pension records 01 02 03 0405 08 07 06 protean
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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 64% cumulative share in PAN issuance • Largest Central Recordkeeping Agency • 98% market share with 9.1 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 • Aadhaar Seva Kendra Central Recordkeeping Agency Digital Identity Open Digital Ecosystems Data Stack Cloud & Infosec Services • Multi-sector Digital Interventions at scale • Founding architect of ONDC’s 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 protean ----------------------------------, I I I ---------------------------------1 ~--------------------. I I ---------------------• I --------------------1 I I ---------------------• ~--------------------. I I ---------------------•
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Protean eGov Technologies Limited I Investor Presentation 2025-26 7 India’s 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 • India’s 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 – 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 – Multiple online research platforms and news articles. Strategically Positioned to serve India’s Digital Growth Story protean ■ ■ -
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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 6.6% CAGR • Only ~40% population holds valid PAN card • 550 Mn Jan Dhan accounts vs 80 Mn APY holders; India’s pension penetration is 6% vs 54% in US • NPS AUM at ₹14T vs ₹75T in mutual funds • Digital Document Signing & Stamping: ₹1,700 cr • Digital Onboarding & ID Verification: ₹12,000 cr • Data Analytics: ₹93,000 cr • ONDC user growth projection: 18.5 cr in FY23 to 48 cr in FY28 • Budget for Digital Agri Mission: ₹ 2,800 cr; 19 states have signed MoU • DPI opportunities in Healthcare ~ ₹ 500 cr Tax Services CRA Services Digital Identity & Data Stack Open Digital Ecosystems Cloud & Infosec • India’s cloud market to reach USD 76Bn by 2030 • Accelerated digital adoption across finance, healthcare and government sector Protean: Business Opportunity Overview Source – Multiple online research platforms and news articles. protean
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Protean eGov Technologies Limited I Investor Presentation 2025-26 Q3FY26 Update MD Commentary Q3FY26 Key Highlights UIDAI Mandate - Aadhaar Seva Kendra Rollout Progress Financial Performance 02 03 04 01 06 Key Drivers – Quarterly 05 Strategic Acquisition - stake in NSDL Payments Bank 0 0 0 0 0 0
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Protean eGov Technologies Limited I Investor Presentation 2025-26 10 Mr. Suresh Sethi Managing Director & Chief Executive Officer MD Commentary “ “ “We remain on a strong trajectory for business diversification in line with our stated objectives . While we continue to build core digital rails at a population scale, we are progressively expanding into building the application and innovation layers for enterprise and consumer empowerment . This is borne out by our foray into multiple sectors of economy including agriculture, insurance, education, health and identity . The ongoing regulatory reforms in the pension sector represent meaningful structural tailwinds, with a clear emphasis on expanding coverage, deepening participation, and driving long-term asset growth . These reforms are well aligned with our capabilities and position us to support the next phase of pension adoption . We are steadily diversifying across international markets, leveraging India’s DPI experience to build trusted digital infrastructure globally, while maintaining a disciplined, long-term focus on value creation .” We remain on a strong trajectory for business diversification in line with our stated objectives protean
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Protean eGov Technologies Limited I Investor Presentation 2025-26 11 Tax Services CRA Services Identity Services New Businesses Q3FY26 – Key Highlights Revenue ₹ 229 crore 13% YoY EBITDA ₹ 46 crore 34% YoY PAT* ₹ 26 crore 15% YoY *PAT adjusted for Rs.4 crore one time impact of new labour codes **Cash & Cash Equivalents Cash** ~ ₹ 800 crore Zero debt The segment reported a 14% YoY revenue growth, driven by a 90-bps sequential gain in market share This was also accompanied with a rise in overall PAN card issuances due to the extended deadline for Aadhaar and Pan card linkage The company strengthened its market leadership with a 59% market share and issued over 1.1 crore PAN cards PFRDA’s ongoing reforms are reshaping India’s pension landscape with a focus on accelerating pension adoption & long-term asset growth Against this evolving backdrop, the company continues to deliver strong operating momentum 35 lakh new subscribers were onboarded, capturing 94% market share in the new additions > 620 corporates were onboarded The company continues to hold dominant market share of 98% The segment recorded 7% combined volume growth across all four facets of digital identity The volume growth is driven by continued momentum from the Digital India initiatives Pricing at foundational level remained under pressure The focus is on driving higher volumes, expanding market share and scaling value-added offerings Marking a significant milestone, new businesses contributed 11% to the total revenue in 9MFY26 compared to 4% in FY25 The company has successfully completed the first phase of the planned rollout of Aadhar Seva Kendra (ASK), operationalising 34 ASK’s across 19 States and UT’s Revenue generation has commenced from these centres, with early performance in line with expectations and providing visibility into sustainable, recurring revenues. protean r •
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Protean eGov Technologies Limited I Investor Presentation 2025-26 12 Q3FY26 – Key Highlights • Secured strategic national mandate of ₹25 Cr. to implement DPI & related services for Ethiopia’s Agriculture Ecosystem • The company will deliver an AI-powered digital platform encompassing end-to-end design, development, deployment and support • Enabling a unified eco-system through farmer & farm IDs, integrated data and AI-driven advisory services • Successfully completed first phase of planned rollout, operationalising 34 ASK’s across 19 States and UT’s • Revenue generation has commenced from these centres, with early performance in line with expectations and providing visibility into sustainable, recurring revenues • The current nine months contributed 11% to revenue from new businesses vs 4% in FY25 • Revenue diversification is being driven by a strategic move to next-generation DPI’s in emerging sectors. • Acquired 4.95% strategic stake in NSDL Payments Bank enabling to collaborate closely in co-creating, replicable certified digital banking technologies which can further be deployed across BFSI industry International Order Win Rollout of Aadhaar Seva Kendra (ASK) Revenue from New Business Strategic Stake Acquisition protean -------------------------------------------------------------------------------------------------------------------J ,----------------------------------------------------------------------------------------------------- ~------------------------------------------------------------------------------------------ L-------------------------------------------------------------------------------
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Protean eGov Technologies Limited I Investor Presentation 2025-26 UIDAI Mandate – Aadhaar Seva Kendra (ASK) Rollout Progress ASK’s to be opened across 190 Districts Phase 1 completed 190 34 All front-end services: • Aadhaar enrolment • Biometric capture • Demographic updates • Other Aadhaar services • Mandatory biometric updates at ages 5 and 15 years Services Offered Total ASK centres under mandate: 190 Update on Rollout Progress ,arruR~ adhaar Seva Ke, . ................ - . fR;tR-~ ,~'I."•-•-¥• "J"'f, "'11RJ"l:"V .. protean
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Protean eGov Technologies Limited I Investor Presentation 2025-26 14 Strategic Acquisition - stake in NSDL Payments Bank Strengthening Collaboration Across Digital Public Infrastructure and Banking Acquired 4.95% stake in NSDL Payments Bank with an investment of ₹30.2 crore • Strategic acquisition of 4.95% stake in NSDL Payments Bank Limited (NPBL), a wholly owned subsidiary of NSDL • Investment in NPBL reflects long term strategic alignment to build trusted, population scale infrastructure • Opportunity to collaborate closely in co-creating replicable certified digital banking technologies which can further be deployed across the BFSI industry • The collaboration integrates digital-first banking with DPI to transform identity, data, and consent into inclusive, scalable banking solutions • Leverages complementary nationwide digital and assisted distribution networks to drive last-mile inclusion in MSME credit, pensions, and citizen-centric e-governance services protean protean r------------------------------------------ ~------------------------------------------ NSDL Payments Bank
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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 3.6 Q3FY25 Q3FY26 e-KYC Transactions 12.8 14.4 Q3FY25 Q3FY26 Aadhaar Authentication 12.5 15.3 Q3FY25 Q3FY6 Online Pan Verifications 75.9 78.9 Q3FY25 Q3FY26 48% 45% 52% 55% Q3FY25 Q3FY26 Offline Online 1.1 Total PANs issued till date 55.9 Cr 7.9 9.1 0.31 0.35 Q3FY25 Q3FY26 Cumulative New Additions Cumulative till date 70.8 Cr Cumulative till date 247.7 Cr Cumulative till date 1,664.1 CrCumulative till date 379.0 Cr 1.0 (in crore) protean ■ ■
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Protean eGov Technologies Limited I Investor Presentation 2025-26 16 Financial Performance Particulars Q3FY26 Q3FY25 YoY Q2FY26 QoQ 9MFY26 9MFY25 YoY Revenue from Operations 229 202 13% 251 -9% 690 619 12% Other Income 14 19 -23% 15 -1% 58 52 11% Total Income 243 221 10% 265 -8% 748 670 12% - Tax Services 114 99 14% 107 6% 321 316 2% - CRA Services 72 72 - 78 -7% 226 208 9% - Identity Services 22 24 -7% 22 - 68 75 -9% - Others 21 7 195% 43 -51% 75 20 281% EBITDA 46 35 34% 44 5% 135 114 18% EBITDA Margin 19.0% 15.6% 335 bps 16.6% 242 bps 18.1% 17.0% 103 bps Profit before Tax* 33 29 17% 32 4% 98 93 5% Tax 7 6 24% 8 -15% 24 21 12% Profit after Tax* 26 23 15% 24 11% 74 72 3% PAT Margin 10.9% 10.4% 50 bps 9.0% 187 bps 9.9% 10.8% -83 bps (₹ in crore) *Adjusted for Rs.4 crore one time impact of new labour codes protean
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Protean eGov Technologies Limited I Investor Presentation 2025-26 Modernization of India’s Tax Infrastructure Growing Use Cases, Expanding TAM: PAN’s Rising Utility.. 01 Protean – a leader in Tax Service 02 0 0
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Protean eGov Technologies Limited I Investor Presentation 2025-26 18 Source: Multiple industry reports and news articles India’s 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: PAN’s 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 – 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 protean .I. ·•~ ® I --- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- - ® --
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Protean eGov Technologies Limited I Investor Presentation 2025-26 323 366 434 487 424 FY21 FY22 FY23 FY24 FY25 19 Protean – 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 (₹ 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 India’s Digital Tax Identity • Asset light, • Prepaid B2C • Transactional Business ~7-8 Cr PAN cards issued per year ~55.9 Cr Cumulative PAN cards issued by Protean growing at 19% CAGR 64% Protean Market Share in Cumulative PAN Issuance protean ■ ■
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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 – Strengthening the Social Security Infra 02 0 0
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Protean eGov Technologies Limited I Investor Presentation 2025-26 21 India’s 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) : India’s ~ 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 ₹14T vs ₹75T in mutual funds • Global Benchmarking : India ranks 44/48 in Mercer Global Pension Index (2024), indicating significant expansion scope India’s 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, March’25Moneycontrol, April’24 Outlook Money, April’25 Business Standard, April’25 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 protean
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Protean eGov Technologies Limited I Investor Presentation 2025-26 22 Protean – Strengthening the Social Security Infra CRA Services - Revenue (₹ in cr) CRA Services – 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 Protean’s Dominant Position... Built India’s First Digital Pension Infrastructure – enabling seamless onboarding and servicing India’s 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 – Primarily more than 92% annuity revenue protean . . . . . . . . . . . . .... ® ® © ®
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Protean eGov Technologies Limited I Investor Presentation 2025-26 Key Contributor: India’s Foundational Identity Steady growth in Digital Identity Services 01 Protean – Comprehensive Service Portfolio 02 Data Stack: Opportunity 03 0 0 0
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Protean eGov Technologies Limited I Investor Presentation 2025-26 24 Steady growth in Digital Identity Services Increase in Mobile Phone and Internet Subscribers Banking Penetration and Digital Transactions World’s 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 – 18.4 Bn+ transactions (June 2025) • Since UPI’s 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 – Physical and Digital Accelerated adoption of digital and financial services, leading to increased demand for Digital Identification and Verification protean
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Protean eGov Technologies Limited I Investor Presentation 2025-26 25 Protean – Comprehensive Service Portfolio Aadhaar Authentication Revenue – Identity Services e-KYC Transactions e-Sign Transactions Cumulative till date 379.0 Cr Cumulative till date 247.7 Cr Cumulative till date 70.8 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 1,664.1 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 (₹ 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 protean -
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Protean eGov Technologies Limited I Investor Presentation 2025-26 26 Data Stack: Opportunity Positioning Protean as a partner of choice for both public and private sector players 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 & Government’s 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 – Multiple online research platforms and news articles. protean
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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 0
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Protean eGov Technologies Limited I Investor Presentation 2025-26 28 Aligned with India’s 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 Digitally Verifiable Identity • Permanent Account Number (PAN) • Tax Information Network (TIN) • Direct & indirect taxes • Automation of Central Excise and Service Tax TAX Broadened the ambit of Pension system in India Central Recordkeeping Agency for • National Pension Scheme • Atal Pension Yojana • Unified Pension Scheme CRA Sole provider of all four foundational identity services • eSign • eKYC • Online PAN Verification • Aadhaar Authentication • Aadhaar Seva Kendra 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 Open Network lor Digita l Commerce 61':D Imm • Agr'~ ~ tdck protean
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Protean eGov Technologies Limited I Investor Presentation 2025-26 Cloud and Infosec Cloud and Infosec 01 0
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Protean eGov Technologies Limited I Investor Presentation 2025-26 30 India’s 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. Protean’s Offerings Value Proposition Protean On-Premise Cloud One of India’s few providers of self-service on-premise cloud that uses open-source tech to significantly cut costs. Managed Security Operation Center India’s homegrown Managed SOC with in-house SIEM expertise, and a strong foundation in compliance and privacy. Quantum Safe Data Vault The sole ‘Made in India’ 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 – 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 protean
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Protean eGov Technologies Limited I Investor Presentation 2025-26 International Business DPI Components – For International Markets 01 0
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Protean eGov Technologies Limited I Investor Presentation 2025-26 32 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 ✓ South East Asia ✓ Middle East ✓ Africa DPI Components – For International Markets , FOR EDUCATION OPEN NETWORT~ANSACTIONS ANDSKIUING protean COWIN • • Over COVID Winning
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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 eGOVTECHNOLOGIES LIMITED |INVES TOR PRES ENTATION 2025-26 33 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 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