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Newgen Software Technologies Ltd

₹ 822-1.33%
06 Jan – close price
🔗newgensoft.com•BSE: 540900•NSE: NEWGEN
Market Cap₹ 11,701 Cr.
Current Price₹ 822
High / Low₹ 1,799
Stock P/E37.7
Book Value₹ 104
Dividend Yield0.61 %
ROCE27.8 %
ROE22.4 %
Face Value₹ 10.0
Sales₹ 1,387 Cr.
OPM26.3 %
Mar Cap₹ 11,701 Cr.

ABOUT

Newgen Software Technologies is a global software Company and is engaged in the business of software product development including designing and delivering end-to-end software solutions covering the entire spectrum of software services from workflow automation to Document management to imaging.

KEY POINTS

Revenue Streams1. Annuity-based revenue:The Co. receives recurring fees/charges from the following:a. SaaS:subscription fees for licenses in relation to platform deployed on cloud; on-premise subscriptionb. ATS/AMC:charges for annual technical support and maintenance (including updates) of licenses, and installation[1]c. Support:charges for support and development services2. Sale of software products:one-time upfront license fees in relation to the platform deployed on-premise3. Sale of services:milestone-based charges for implementation and development, and charges for scanning services[2]As of FY24, company has 17 verticals including majors like Banking & FS, Insurance, Government.[3]

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsRevenue GuidanceCapacity Expansion And ProductsOrder Book PositionLarge Order ReceiptsJv Partnerships AcquisitionsRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.TCS3255.8023.421177976.931.8412131.008.5465799.002.4064.63257688.0026.7250289.6912925.6911.0732.070.10
2.Infosys1612.2023.24653693.562.677375.0013.1944490.008.5537.50169458.0023.8828124.007364.006.4818.620.08
3.HCL Technologies1616.3025.84438609.693.344236.000.0031942.0010.6731.61122427.0021.1716976.004235.006.1616.950.10
4.Wipro265.6020.63278529.772.263262.401.1722697.301.7719.5189654.9019.8213500.003246.203.2510.820.19
5.LTIMindtree5982.5036.43177374.691.091381.2012.0010394.3010.1927.6339667.5017.064869.101401.107.5815.830.10
6.Tech Mahindra1601.8034.99156931.762.811201.70-4.4513994.905.1218.5654015.7014.344485.001194.505.709.040.07
7.Persistent Systems6249.0059.2098577.980.56471.4745.073580.7223.5930.4413218.7018.281665.16471.4713.6716.840.06
8.Newgen Software822.1537.7011700.660.6176.6916.43366.1810.5427.791387.0626.31310.4076.697.9117.070.03
–Median: 72 Co.274.6525.98705.830.249.7216.4369.0914.2620.49176.3718.5529.599.723.7711.820.08

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
235299346224283281283350394202264331366
Expenses
179227244196242245191232266169212255269
Operating Profit
56721032841369211812833527698
Other Income
911612223571413781910
Profit before tax
5976993255619212413233538798
Tax %
22%14%16%15%23%20%16%18%23%19%18%24%22%
Net Profit
4665842742497710110127446677
EPS in Rs
3.274.665.971.943.023.445.517.227.151.933.124.705.41

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
2342793133834605525776107118881,1361,3541,387
Expenses
1922262743183654334844315296908671,0061,022
Operating Profit
425338659411994180181198269349365
Other Income
1393882021143033466064
Interest
12355811534455
Depreciation
34456618191523263133
Profit before tax
515534639112586170193204284373391
Net Profit
42432848719666118156168237293310
EPS in Rs
23.873.962.563.735.106.884.718.4011.1412.0016.9220.7121.97
Dividend Payout %
10%15%29%20%19%21%21%21%20%21%24%24%–

Compounded Profit Growth

10 Years:21%
5 Years:34%
3 Years:23%
TTM:13%

Compounded Sales Growth

10 Years:17%
5 Years:19%
3 Years:24%
TTM:10%

Return on Equity

10 Years:21%
5 Years:22%
3 Years:22%
Last Year:22%

Stock Price CAGR

10 Years:%
5 Years:40%
3 Years:67%
1 Year:-50%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
8535362686869697070140140141
Reserves
1671481651853324164585646998531,0081,2731,332
Borrowings
415569686368108162339424844
Other Liabilities
49629298125157171194215259324380327
Total Liabilities
2653183794145877098068431,0081,2211,5131,8411,844
Fixed Assets
192256616868127200206240241253238
Gross Block
40.1548.0585.1465.9277.7481.86156.74234.94244.60281.76293.68321.47–
Accumulated Depreciation
21.4625.6428.834.7710.2013.7930.0735.0838.6241.5952.9868.14–
CWIP
35611178391000301
Investments
6367525859619097120155394539617
Other Assets
1812242652844444974985466818268761,049988
Total Assets
2653183794145877098068431,0081,2211,5131,8411,844

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
–11113357897821513793264176
Cash from Investing Activity
–-9-6-5-18-85-108-143-82-58-216-115
Cash from Financing Activity
–-5-0-2168-5-45-101-30-42-45-66
Net Cash Flow
–-457107-2-76-2925-73-5

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
2102272271771621571511059712810197
Inventory Days
––––––––––––
Days Payable
––––––––––––
Cash Conversion Cycle
2102272271771621571511059712810197
Working Capital Days
92111105798573596671906890
ROCE %
27%24%14%21%25%26%16%27%27%24%27%28%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
55.16%55.16%55.16%55.16%55.07%55.01%54.30%54.30%54.30%53.78%53.78%53.76%
FIIs
13.18%13.99%15.34%15.92%15.22%16.41%17.85%19.97%20.31%19.36%19.14%17.62%
DIIs
8.05%8.18%8.22%9.23%9.73%9.71%9.96%8.93%9.10%9.13%9.46%9.58%
Public
23.16%22.25%20.90%19.37%19.54%18.53%17.59%16.52%16.06%16.72%16.77%18.33%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Newgen Software's Qatar Appeal Dismissed, Company to Pay $1.37M and QAR 200K

8th April 2026, 1:14 am

Newgen Appoints Kashish Daya Kapoor as Vice President - Human Resource

2nd April 2026, 12:23 am

Newgen Subsidiary Secures US$1.6 Million Software & Cloud Services Deal

1st April 2026, 6:39 pm

Newgen Software bags RM 6.75 Million order from Malaysian bank for loan origination solution

1st April 2026, 1:22 am

Newgen Software Technologies Announces Trading Window Closure

26th March 2026, 10:11 pm

Published by Other Websites

External media mentions & references

Adani Gas, IDBI Bank Plunge; IndiGo, Bajel Projects Surge Amid Flat Indian Market

16th March 2026, 2:20 pm

Newgen Subsidiary Secures $1.5M Caribbean Deal Amid Profit Dip

4th March 2026, 1:30 am

Jefferies Flags 'Hormuz Stress': 7 Sectors at Risk, Defence Wins

2nd March 2026, 1:20 pm

IT Slump Pushes 3-Year SIP Returns into Red, First Since 2020

28th February 2026, 10:50 pm

Indian Shares Plunge Rs 4 Lakh Crore; Breakout Stocks Shine Amid Selloff

19th February 2026, 5:33 pm

News Articles

Editorial & research coverage

Persistent Systems: Valuation Jitters Overshadow Strong Q3 Growth
Persistent Systems: Valuation Jitters Overshadow Strong Q3 Growth

30th January 2026, 9:17 pm

Newgen Software: AI Delays Hit Q3; Analysts Maintain Hold
Newgen Software: AI Delays Hit Q3; Analysts Maintain Hold

30th January 2026, 9:17 pm

Jefferies Upgrades Newgen Software After 15% Plunge, Sees Attractive Risk-Reward
Jefferies Upgrades Newgen Software After 15% Plunge, Sees Attractive Risk-Reward

21st January 2026, 3:45 pm

Newgen Software Ignites Investor Excitement with Major Bank Orders in India and Saudi Arabia!
Newgen Software Ignites Investor Excitement with Major Bank Orders in India and Saudi Arabia!

16th December 2025, 7:36 am

SHOCKWAVES IN MARKETS: Pharma Acquisition, Rs 616 Cr Orders, Big Deals & Key Updates! Which Stocks Will YOU Bet On?
SHOCKWAVES IN MARKETS: Pharma Acquisition, Rs 616 Cr Orders, Big Deals & Key Updates! Which Stocks Will YOU Bet On?

16th December 2025, 7:36 am

Documents

Announcements

Announcement under Regulation 30 (LODR)-Change in Management

31 Dec - Vivek Mani Tripathi resigned as Vice President-HR; relieved effective COB 31 December 2025; cited personal reasons.

Closure of Trading Window
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

15 Dec - Received ₹16.53 Cr five-year digital lending platform order from leading Indian bank, dated 15 Dec 2025.

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

15 Dec - Saudi subsidiary won SAR15,982,125 (Rs38.64 Cr) loan-origination system contract; 2-year delivery, 1-year support.

Announcement under Regulation 30 (LODR)-Newspaper Publication

11 Dec - Enclosed Newspaper Advertisement Published in Financial Express and Jansatta dated 11th December 2025 as attached

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Credit Ratings

Rating update

5 Jun 2025 from crisil

Rating update

22 Nov 2024 from crisil

Rating update

28 Aug 2023 from crisil

Rating update

3 Jun 2022 from crisil

Rating update

18 Mar 2021 from crisil

Rating update

13 Oct 2020 from icra

Concalls

Nov 2025

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Stock Analysis

Description

Newgen Software Technologies is a global software company specializing in digital transformation solutions, including workflow automation, document management, and imaging.

Key Growth Triggers

  1. Growing annuity-based revenue streams from SaaS, ATS/AMC, and support services.
  2. Strong subscription revenue growth, as evidenced by a 20% YoY increase in Q2 FY26.
  3. Strategic focus on AI-first solutions and expanding global market presence through large deal wins across BFSI and government sectors.
  4. Recent significant international and domestic contract wins enhancing future revenue visibility.

Order Book

The company has secured several substantial orders, including a ₹73.12 Crore scanning and digitization project, a €4.22 million agreement with TCS for record management, and multiple deals in Kuwait, Ghana, Saudi Arabia, and the Caribbean, contributing to future revenue streams.

Key Red Flags

  1. An adverse judgment from Qatar's Investment and Trade Court requiring payment of USD 1,370,000 plus costs due to alleged project deficiencies.

Key Dates To Watch

  1. January 20, 2026: Conference Call for Q3 FY26 Financial Results.

Corporate Announcements

7th Apr 26
Impact Rating: 8
Newgen Software Technologies' appeal against a Qatar court's adverse judgment has been dismissed, obligating the company to pay USD 1,370,000 and QAR 200,000 as compensation.
1st Apr 26
Impact Rating: 6
Newgen Software Technologies Limited announced the appointment of Ms. Kashish Daya Kapoor as Vice President, Human Resource Department. The appointment takes effect from April 1, 2026.
1st Apr 26
Impact Rating: 7
Newgen Software's US subsidiary inked a 3-year agreement for software, cloud hosting and services with an Illinois insurer, valued at US$1.6 million (₹15.12 crore).
31st Mar 26
Impact Rating: 7
Newgen Software Technologies secured a significant contract valued at RM 6,750,000 (approximately ₹15.65 crore) from a leading Malaysian bank. The deal is for software license, implementation, and support of its retail loan origination solution over 5 years.
26th Mar 26
Impact Rating: 6
Newgen Software Technologies Limited will close its trading window from March 31, 2026. The closure lasts until 48 hours post declaration of audited financial results for the fourth quarter and year ended March 31, 2026, as per SEBI rules.