Protean eGov Technologies (BOM:544021) ROCE %: 13.18% (As of Mar. 2026)


BOM:544021 Protean eGov Technologies Ltd BOM:544021
58 GF Score
Price ₹588.50
GF Value ₹1,378.64
Valuation Possible Value Trap
! 4 Warning Signs
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What is Protean eGov Technologies ROCE %?

Protean eGov Technologies BOM:544021 +1.54% 58 ROCE % is 13.18% as of Mar. 2026. GuruFocus rates BOM:544021 with a GF Score™ of 58/100 and a GF Value™ of ₹1,378.64 (Possible Value Trap). The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Protean eGov Technologies's annualized ROCE % for the quarter that ended in Mar. 2026 was 13.18%.

Protean eGov Technologies  (BOM:544021) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Protean eGov Technologies ROCE % Related Terms

Protean eGov Technologies ROCE % Historical Data

* Premium members only.

The historical data trend for Protean eGov Technologies's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Protean eGov Technologies ROCE % Chart

Protean eGov Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 24.76 16.74 14.10 11.83 12.18

Protean eGov Technologies Quarterly Data
Mar21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.75 12.54 12.31 11.37 13.18
BOM:544021
58GF Score
Protean eGov Technologies Ltd BOM:544021
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Protean eGov Technologies ROCE % Calculation

Protean eGov Technologies's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=1369.2/( ( (13065.6 - 2259.3) + (14735.9 - 3054.3) )/ 2 )
=1369.2/( (10806.3+11681.6)/ 2 )
=1369.2/11243.95
=12.18 %

Protean eGov Technologies's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1539.6/( ( (0 - 0) + (14735.9 - 3054.3) )/ 1 )
=1539.6/( ( 0 + 11681.6 )/ 1 )
=1539.6/11681.6
=13.18 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 13.18% mean?
Protean eGov Technologies (BOM:544021) has a ROCE % of 13.18% as of Mar. 2026.
Is Protean eGov Technologies' ROCE % too high?
Protean eGov Technologies' current ROCE % is 13.18%. The Software industry median ROCE % is 5.28. Protean eGov Technologies' value of 13.18% is 149.6% above this industry median. Overall, Protean eGov Technologies has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Protean eGov Technologies' ROCE % compare to IBM and ACN?
Protean eGov Technologies' ROCE % of 13.18% can be compared against companies in the Software industry. The industry median ROCE % is 5.28. Protean eGov Technologies' value of 13.18% is 149.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Software company?
The median ROCE % among Software companies is 5.28, based on 2,719 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Protean eGov Technologies's current ROCE % of 13.18% is 149.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median ROCE % is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Protean eGov Technologies's current ROCE % is 13.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Protean eGov Technologies stock overvalued right now?
Based on GuruFocus' analysis, Protean eGov Technologies (BOM:544021) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,378.64, compared to a current price of ₹588.50 — trading 57.3% below its estimated fair value. The current ROCE % is 13.18% and 149.6% above the Software industry median of 5.28. Protean eGov Technologies' overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Protean eGov Technologies (BOM:544021), the current ROCE % is 13.18% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Protean eGov Technologies (BOM:544021) Overvalued in 2026?

Based on GuruFocus' analysis, Protean eGov Technologies stock appears to be undervalued. The current stock price of ₹588.50 is trading 57.3% below its estimated GF Value™ of ₹1,378.64. GuruFocus considers Protean eGov Technologies to be Possible Value Trap.

Key valuation signals for BOM:544021:

  • ROCE %: 13.18%
  • GF Value™: ₹1,378.64 vs. price of ₹588.50 (57.3% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 149.6% above the Software median

No single metric tells the full story. See the BOM:544021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Protean eGov Technologies Business Description

Other Exchanges PROTEAN:India
Address Senapati Bapat Marg, Times Tower, 1st Floor, Kamala Mills Compound, Lower Parel, Mumbai, MH, IND, 400013
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.
58GF Score

Get the complete analysis for BOM:544021

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹588.50
Price
₹1,378.64
GF Value