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Newgen Software Technologies Ltd.

NEWGENInformation Technology filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

31 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 31 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
TRANSCRIPT201902072018-12-31yes
TRANSCRIPT201906072019-03-31yes
TRANSCRIPT201907312019-06-30yes
TRANSCRIPT201911082019-09-30yes
TRANSCRIPT202001292019-12-31yes
TRANSCRIPT202006052020-03-31yes
TRANSCRIPT202008052020-06-30yes
TRANSCRIPT202011192020-09-30yes
TRANSCRIPT202102042020-12-31yes
TRANSCRIPT202107012021-06-30yes
TRANSCRIPT202108182021-06-30yes
TRANSCRIPT202111242021-09-30yes
TRANSCRIPT202201272021-12-31yes
TRANSCRIPT202205092022-03-31yes
TRANSCRIPT202207252022-06-30yes
TRANSCRIPT202210222022-09-30yes
TRANSCRIPT202301232022-12-31yes
TRANSCRIPT202305082023-03-31yes
TRANSCRIPT202307252023-06-30yes
TRANSCRIPT202310232023-09-30yes
TRANSCRIPT202401222023-12-31yes
TRANSCRIPT202405072024-03-31yes
TRANSCRIPT202407232024-06-30yes
TRANSCRIPT202410182024-09-30yes
TRANSCRIPT202501232024-12-31yes
TRANSCRIPT202505082025-03-31yes
TRANSCRIPT202507222025-06-30yes
TRANSCRIPT202511042025-09-30yes
TRANSCRIPT202601252025-12-31yes
TRANSCRIPT202605062026-03-31yes
TRANSCRIPT202607212026-06-30yes

NEWGEN

files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisiongeneral
Scope servedconsolidated
Panels on this page4

Market

The closes are adjusted for every split and bonus on record inside the period this series covers, and each adjustment is checked against the price move on its ex-date.

Last close493.60
52-week range402.3 – 996.55
Return 1M-6.08%
Return 3M4.33%
Return 1Y-43.62%
Return 3Y14.77%
Return 5Y64.36%
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Revenue from operations357.00
Other income36.00
Total income393.00
Cost of materials consumed0.00
Purchases of stock-in-trade0.00
Changes in inventories0.00
Employee benefit expense190.00
Finance costs1.00

Ownership — 2026-06-30, and the change from 2026-03-31

HolderPer centChange
promoter and promoter group0.53-0.00
institutions foreign0.14-0.01
institutions domestic0.08-0.01
mutual funds0.03-0.01
public0.460.00

Documents on file

ClassMost recentOn file
TRANSCRIPT2026-06-3031

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line2022-09-302022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations226.00255.00305.00252.00293.00324.00375.00315.00361.00381.00430.00321.00401.00400.00453.00357.00
Other income7.009.008.0013.009.0011.0015.0023.0019.008.0014.0029.0013.0020.004.0036.00
Total income233.00264.00313.00264.00303.00335.00390.00337.00380.00389.00444.00350.00414.00420.00457.00393.00
Cost of materials consumed0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Purchases of stock-in-trade0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Changes in inventories0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Employee benefit expense128.00130.00142.00144.00157.00158.00169.00174.00185.00188.00194.00182.00189.00189.00183.00190.00
Finance costs1.001.001.001.001.001.001.001.001.001.001.001.001.002.001.001.00
Depreciation and amortisation6.006.007.007.007.007.007.008.008.009.009.009.009.009.009.009.00
Other expenses61.0066.0067.0075.0079.0088.0084.0093.0093.0085.0099.0094.00110.00105.00118.00111.00
Total expenses196.00203.00217.00228.00244.00255.00261.00276.00287.00283.00303.00286.00309.00305.00311.00311.00
Profit before exceptional items and tax37.0061.0096.0037.0059.0080.00129.0061.0093.00107.00141.0064.00105.00115.00146.0082.00
Exceptional items0.000.000.000.000.000.000.000.000.000.000.000.000.00-35.00-8.000.00
Profit before tax37.0061.0096.0037.0059.0080.00129.0061.0093.00107.00141.0064.00105.0080.00138.0082.00
Current tax7.0011.0020.0010.0011.0017.0022.0014.0025.0027.0033.0015.0027.0027.0039.0019.00
Deferred tax-0.002.00-2.00-3.00-0.00-6.002.000.00-3.00-9.00-0.00-1.00-3.00-10.00-8.001.00
Tax expense7.0013.0018.006.0011.0012.0024.0014.0022.0018.0033.0014.0024.0017.0031.0019.00
Profit for the period30.0048.0079.0030.0048.0068.00105.0048.0070.0089.00108.0050.0082.0063.00106.0063.00
Profit attributable to owners30.0048.0079.0030.0048.0068.00105.0048.0070.0089.00108.0050.0082.0068.00106.0063.00
Profit attributable to non-controlling interests0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Other comprehensive income-0.004.002.00-0.000.001.00-3.00-1.003.00-0.002.003.007.005.0012.001.00
Total comprehensive income30.0052.0081.0030.0048.0070.00102.0047.0073.0089.00110.0053.0089.0068.00119.0064.00
Earnings per share, basic4.356.9211.294.336.864.907.523.405.036.367.733.555.824.467.564.44
Earnings per share, diluted4.336.8911.044.246.724.737.293.304.876.167.583.455.694.377.514.41

Annual results, as filed

Line2019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Revenue from operations621.00661.00673.00779.00974.001,244.001,487.001,574.00
Other income20.0021.0015.0030.0034.0048.0064.0067.00
Total income641.00682.00688.00809.001,008.001,292.001,550.001,641.00
Cost of materials consumed0.000.000.000.000.000.000.000.00
Purchases of stock-in-trade0.000.000.000.000.000.000.000.00
Changes in inventories0.000.000.000.000.000.000.000.00
Employee benefit expense288.00342.00328.00409.00516.00628.00741.00742.00
Finance costs9.0011.006.003.004.004.005.005.00
Depreciation and amortisation6.0020.0020.0018.0025.0028.0033.0037.00
Other expenses205.00214.00153.00175.00246.00327.00370.00426.00
Total expenses507.00587.00506.00605.00791.00988.001,148.001,211.00
Profit before exceptional items and tax134.0095.00181.00203.00217.00304.00402.00431.00
Exceptional items0.000.000.000.000.000.000.00-43.00
Profit before tax134.0095.00181.00203.00217.00304.00402.00387.00
Current tax30.0027.0053.0034.0044.0060.0099.00108.00
Deferred tax1.00-5.002.006.00-3.00-7.00-12.00-22.00
Tax expense31.0022.0055.0039.0041.0053.0087.0087.00
Profit for the period102.0073.00126.00164.00176.00252.00315.00301.00
Profit attributable to owners102.0073.00126.00164.00176.00252.00315.00301.00
Profit attributable to non-controlling interests—0.000.000.000.000.000.000.00
Other comprehensive income0.002.002.00-1.005.00-2.004.0027.00
Total comprehensive income102.0075.00129.00163.00181.00249.00319.00328.00
Earnings per share, basic15.0110.5618.2823.6525.3218.0222.5321.38
Earnings per share, diluted14.7410.5118.1023.5025.0017.5021.8921.24

Balance sheet, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Total assets1,148.001,342.001,385.001,686.001,720.002,045.002,071.002,442.00
Non-current assets421.00496.00354.00363.00375.00376.00373.00408.00
Current assets727.00846.001,031.001,323.001,345.001,669.001,699.002,035.00
Property, plant and equipment160.00165.00160.00165.00168.00172.00165.00163.00
Capital work-in-progress5.000.00—3.000.000.001.001.00
Goodwill3.003.003.003.003.003.003.003.00
Other intangible assets15.0077.0070.0081.0073.0084.0079.0073.00
Inventories0.000.000.000.000.000.000.000.00
Trade receivables258.00388.00316.00444.00442.00557.00515.00708.00
Cash and cash equivalents115.00108.00122.00125.0071.00104.0085.00104.00
Total equity and liabilities1,148.001,342.001,385.001,686.001,720.002,045.002,071.002,442.00
Equity836.00977.001,036.001,224.001,299.001,516.001,593.001,777.00
Equity share capital70.0070.0070.00140.00140.00140.00141.00141.00
Other equity767.00907.00966.001,084.001,159.001,376.001,452.001,636.00
Total liabilities312.00365.00349.00463.00421.00529.00479.00665.00
Non-current liabilities76.0069.0065.0083.0081.0096.0097.00115.00
Current liabilities236.00296.00284.00380.00340.00432.00382.00550.00
Borrowings, non-current4.002.0027.0035.000.000.000.000.00
Borrowings, current2.002.0011.0014.002.000.000.000.00
Trade payables33.0035.0036.0048.0058.0050.0064.0055.00

Cash flow, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Net cash from operating activities57.00136.00146.00281.0027.00215.0090.00232.00
Net cash from investing activities-11.00-94.00-91.00-219.00-22.00-172.00-40.00-162.00
Net cash from financing activities-36.00-44.00-40.00-47.00-61.00-68.00-75.00-87.00
Purchase of property, plant and equipment11.0017.002.0014.0012.0023.003.0010.00
Net increase in cash11.004.0014.0017.00-54.00-21.00-18.00-0.00
con:CFO.BEFORE_TAX86.00176.00168.00337.0063.00286.00163.00351.00
con:INTEREST_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:INTEREST_PAID.OPERATING10.000.000.000.000.000.000.000.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:TAX_PAID.OPERATING19.0040.0023.0055.0036.0071.0074.00119.00
con:CF_OTHER.OPERATING0.000.000.000.000.000.000.000.00
con:INVESTMENTS_PURCHASED0.00132.00187.00362.00210.00412.00208.00522.00
con:INVESTMENTS_SOLD0.0093.0091.00144.00206.00296.00153.00354.00
con:PPE_DISPOSALS0.000.000.000.000.000.000.001.00
con:CF_INVESTING.SUBSIDIARIES_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.000.000.000.000.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2023-06-302023-09-302023-12-312024-01-132024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Promoter and promoter group55.1655.1655.0755.0755.0154.3054.3054.3053.7853.780.540.540.540.53
Domestic institutions8.279.289.789.789.719.968.939.109.139.460.100.100.090.08
Mutual funds—————————3.670.040.040.030.03
Insurance companies0.000.000.190.190.210.170.050.140.200.070.000.000.000.00
Foreign institutions15.3415.9215.2215.1416.4017.8419.9820.3119.3619.140.180.170.140.14
Public44.4744.5344.5044.6544.6345.4145.4445.4645.2245.370.460.450.460.46
Non-institutional20.8619.3319.5019.7218.5217.6016.5316.0516.7316.770.180.180.220.24
Shares outstanding699557016995570170069401140138802140291802140291802140291802140291802141625187141625187141678787142317787142317787142510002

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
Newgen Software Inc.Wholly owned SubsidiaryAny other transaction, Investment, Sale of goods or 1,079,217,000.004
Newgen Software Technologies Pte Ltd.Wholly owned SubsidiaryAny other transaction, Investment, Sale of goods or 555,524,000.006
Newgen Software Technologies Company LimitedWholly owned SubsidiaryAny other transaction, Investment, Sale of goods or 349,200,000.005
Newgen Software Inc.,Wholly owned SubsidiaryAny other transaction252,864,000.002
Diwakar NigamChairman and Managing Director(KeyDividend paid, Remuneration164,128,000.002
VARADARAJAN TIRUMALAI SUNDARAJA IYENGARWhole-Time Director (Key ManagemenDividend paid, Remuneration141,489,000.002
Newgen Software Technologies LLCWholly owned SubsidiaryAny other transaction, Investment, Sale of goods or 116,054,000.006
Newgen Software Technologies (UK) Ltd.Wholly owned SubsidiaryAny other transaction, Investment, Sale of goods or 74,031,000.004
Priyadarshini NigamWhole-Time Director (Key ManagemenDividend paid, Remuneration65,638,000.002
Newgen Software Technologies Pty Ltd.Wholly owned SubsidiaryAny other transaction, Investment34,158,000.004
Virender JeetChief Executive Officer(Key ManageDividend paid, Remuneration25,780,000.002
Tarun NandwaniDesignated as Key Management PersoDividend paid, Remuneration21,147,000.002
Surender Jeet RajDesignated as Key Management PersoDividend paid, Remuneration20,532,000.002
Arun Kumar GuptaChief Financial Officer(Key ManageDividend paid, Remuneration9,289,000.002
Usha VaradarajanPromoter GroupDividend paid6,659,000.001

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

DateQuarterWho spoke
2026-07-21Q1FY27LIMITEDRead the call
2026-05-06Q4FY26NEWGEN SOFTWARE TECHNOLOGIES LIMITEDRead the call
2026-01-25Q3FY26TIME DIRECTOR –Read the call
2025-11-04Q2FY26NEWGEN SOFTWARE TECHNOLOGIES LIMITEDRead the call
2025-07-22Q1FY26Chief Operating Officer., LIMITED, NEWGEN SOFTWARE TECHNOLOGIES LIMITED, T. S. VaradarajanRead the call
2025-05-08Q4FY25LIMITEDRead the call
2025-01-23Q3FY25LIMITEDRead the call
2024-10-18Q2FY25DIRECTOR– NEWGEN SOFTWARE TECHNOLOGIES, NEWGEN SOFTWARE TECHNOLOGIES LIMITED, TECHNOLOGIESRead the call
2024-07-23Q1FY25LIMITED, section of our website.Read the call
2024-05-07Q4FY24NEWGEN SOFTWARE TECHNOLOGIES LIMITED, TECHNOLOGIES LIMITEDRead the call
2024-01-22Q3FY24LIMITEDRead the call
2023-10-23Q2FY24CHAIRMAN, DIWAKAR, LIMITED, MANAGING DIRECTOR - NEWGEN, T.S., TECHNOLOGIES LIMITED, WHOLERead the call
2023-07-25Q1FY24(i)1c1c1 Securities, LIMITED, t?/j newgenRead the call
2023-05-08Q4FY23LIMITEDRead the call
2023-01-23Q3FY23Read the call
2022-10-22Q2FY23LIMITEDRead the call
2022-07-25Q1FY23NEWGEN SOFTWARE TECHNOLOGIES LIMITED, SOFTWARE TECHNOLOGIES LIMITED, TECHNOLOGIES LIMITED,Read the call
2022-05-09Q4FY22LIMITED, NEWGEN, TECHNOLOGIES LIMITEDRead the call
2022-01-27Q3FY22LIMITED, NEWGEN SOFTWARE TECHNOLOGIES LIMITEDRead the call
2021-11-24Q2FY22LIMITED, NEWGEN SOFTWARE TECHNOLOGIES LIMITEDRead the call
2021-08-18Q1FY22LIMITED, SOFTWARE TECHNOLOGIES LIMITEDRead the call
2021-07-01Q1FY22LIMITED, TECHNOLOGIES LIMITEDRead the call
2021-02-04Q3FY21LIMITED, SOFTWARE TECHNOLOGIES LIMITEDRead the call
2020-11-19Q2FY21DIRECTORRead the call
2020-08-05Q1FY21DIRECTORRead the call
2020-06-05Q4FY20LIMITED, SOFTWARE TECHNOLOGIES LIMITEDRead the call
2020-01-29Q3FY20Read the call
2019-11-08Q2FY20DIRECTOR, NEWGEN SOFTWARE TECHNOLOGIES, OFFICER, NEWGEN SOFTWARE TECHNOLOGIES, TECHNOLOGIERead the call
2019-07-31Q1FY20LIMITED, SOFTWARE TECHNOLOGIES LIMITEDRead the call
2019-06-07Q4FY19NEWGEN, NEWGEN SOFTWARE TECHNOLOGIES LIMITED, TECHNOLOGIES, TECHNOLOGIES LIMITEDRead the call
2019-02-07Q3FY19LIMITED, NEWGEN SOFTWARE TECHNOLOGIES LIMITEDRead the call

What they said about it, quarter by quarter

TopicQ3FY26Q4FY19Q4FY20Q4FY22Q4FY23Q4FY24Q4FY25Q4FY26
Capital allocationSo as the logo acquisition and the deal win rate is same, so the announcements will be there.One last question from my side, the dividend payout seems to be about 24% to 25% of earnings including taxes, so that is roughly what you are looking …—This represents the acquisition we have a Number Theory as a company, towards last quarter last quarter we had acquisition of Number Theory and AI/ML …So I think we are following the policy of a dividend payout we have maintained over last year, which is a kind of a percentage of what we make as PAT.We have declared a dividend of INR4 per share post bonus issue of 1:11, which is INR8 on pre bonus shares.—We have declared a dividend of INR6 per share.
Costs————————
Debt and cash————Your payout this year relative to your cash flows has been rather muted.On the balance sheet front, we witnessed a robust cash flow generation with our net cash generated from operating activities for the year at INR281 cr…—On the balance sheet front, we witnessed a robust cash flow generation with our net cash generated from operating activities for the year at INR302 cr…
DemandAs you look into your pipeline, how do we see the health of business in the core markets of India and EMEA?—No I think typically that is more about our ability to be relevant in the market in the most difficult times so what we did is out there we rapidly de…If your question is about employee cost, right now way the demand is accelerating pressure on the cost on the employees and I think all organizations …But in light of the systemic banking crisis that the US is subject to today, is there a risk to our pipeline per se?But going into next year, I think the pipeline is quite healthy on the traditional space.And can you share the order book number as of end of FY '25.Our deal pipeline continues to remain strong.
GuidanceBecause earlier, we used to guide that our cost will -- at the start of the year, we budget for a 20% Y-o-Y increase in cost, and revenue growth above…Yes, and your outlook on revenue growth for the next year, are you likely to be able to maintain this pace, should we expect it to be slower and also …Moving forward we expect that this would yield good results.Product company with always works with this hope that the hockey stick is just around the corner and I think the hockey stick has got nothing with mar…See, we don't give guidance, and I think that's a standard answer you guys are used to.This year, we expect to close few more deals.So do we expect these license deals to close in like Q1 or Q2 of FY '26?Do you think this can again come up like -- just your guidance over the annuity revenue, how do you see this going ahead?
MarginSo what happens on the margin front, there are 3, 4 things which have really helped on the margin front.During the year, the company witnessed 31% increase in EBITDA, which was at Rs 128 Crores.The company reported EBITDA of Rs.105 Crores and profit after tax of Rs.73 Crores.We should be able to expand the margin, but in the near term right now we are working on the new reality of normalizing costs across all channels, so …Our EBITDA was stable at INR212 crores, resulting in a margin of 22%.April 30, 2024 beginning of the year, we are targeting, say, X percent growth but we end up doing slightly more than X than the margin expansion would…So margin is a function of our business.On profits and margin, despite uncertainties, we have maintained our operational profitability through optimization in costs.
People——Like on travel there is a chance of optimizing the travel cost by around 30%, 40% depending on if the travel opens up only in Q3, Q4, so similarly on …On the attrition front last year we had very substantial attrition we almost Newgen Software Technologies Limited May 04, 2022 touched an attrition pe…———So need of hiring more aggressively was not there.
PricingThe concern comes from that are we facing any pricing pressure from our legacy customers because of the AI thing?———So is there any sort of pricing pressure that you are facing?April 30, 2024 We will be working on some more serious initiatives over the next few quarters on pricing and resetting some of the pricing.—April 30, 2026 the company determines pricing model.
Revenue growthLike 9-month FY '25 EBITDA growth has been in line with revenue growth.SaaS continues to be our fastest growing revenue component and witnessed a growth of 111% Y-o-Y improving our recurring revenue base.Profit and margins were impacted during the year on account of slower growth in topline and continued investments in R&D and sales and marketing effor…I have a question on your segment reporting, consolidated segment reporting, which I think is on the 14th page of the results pdf, so I can see that a…We witnessed a growth of 25% in revenue over last year.Profit after tax was at INR252 crores, witnessing a growth of 42% Y-o-Y.Now we are ending Q4 with 15% Y-o-Y top line growth.U.S. geography continued to grow record healthy traction and witnessed revenue growth of 17% Y- o-Y for the full year.

What they said they would do

Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.

DateQuarterWhoWhat they said
2021-11-24Q2FY22NEWGEN SOFTWARE TECHNOLOGIES LIMITEDSo, in short-term, we could always have higher growth rates in APAC or Middle East, but in the three to five years horizon, we expect US to do much higher growth rate than 20%, 25% for us to reach the goals where we have set for the company.
2022-01-27Q3FY22NEWGEN SOFTWARE TECHNOLOGIES LIMITEDBut that doesn't mean they will always put 100% times always push up Newgen, but we don't need that, we need if most of cases they're able to push we should be able to succeed.
2025-11-04Q2FY26NEWGEN SOFTWARE TECHNOLOGIES LIMITEDSo, clearly, I think in next 2 to 3 years, we think for the same revenue, we should be able to lower our service delivery, execution and product cost by 20%, 30%, which some of them will get also translated to the client.