Newgen Software Technologies Limited

NSEI:NEWGEN Stock Report

Market Cap: ₹64.4b

Newgen Software Technologies Past Earnings Performance

Past criteria checks 2/6

Newgen Software Technologies has been growing earnings at an average annual rate of 19.8%, while the Software industry saw earnings growing at 16.8% annually. Revenues have been growing at an average rate of 18.4% per year. Newgen Software Technologies's return on equity is 16.9%, and it has net margins of 19.1%.

Key information

19.78%

Earnings growth rate

19.61%

EPS growth rate

Software Industry Growth22.64%
Revenue growth rate18.44%
Return on equity16.91%
Net Margin19.09%
Last Earnings Update31 Mar 2026

Recent past performance updates

Analysis Article May 11

Newgen Software Technologies' (NSE:NEWGEN) Soft Earnings Are Actually Better Than They Appear

Shareholders appeared unconcerned with Newgen Software Technologies Limited's ( NSE:NEWGEN ) lackluster earnings report...
Analysis Article Nov 09

Solid Earnings May Not Tell The Whole Story For Newgen Software Technologies (NSE:NEWGEN)

The market for Newgen Software Technologies Limited's ( NSE:NEWGEN ) stock was strong after it released a healthy...

Recent updates

Analysis Article May 11

Newgen Software Technologies' (NSE:NEWGEN) Soft Earnings Are Actually Better Than They Appear

Shareholders appeared unconcerned with Newgen Software Technologies Limited's ( NSE:NEWGEN ) lackluster earnings report...
Analysis Article May 03

Newgen Software Technologies Limited Just Missed EPS By 6.9%: Here's What Analysts Think Will Happen Next

Investors in Newgen Software Technologies Limited ( NSE:NEWGEN ) had a good week, as its shares rose 9.3% to close at...
Narrative Update May 02

NEWGEN: Middle East Contracts And Dividend Will Support Further Upside

Analysts have kept the price target for Newgen Software Technologies steady at ₹1,200, citing slightly adjusted assumptions for revenue growth, profit margin and future P/E, while leaving their fair value view unchanged. What's in the News Board meeting scheduled on March 12, 2026, with agenda details not disclosed in the source data.
Narrative Update Apr 18

NEWGEN: Middle East Contracts Will Drive Future Upside

Analysts have kept their price target for Newgen Software Technologies steady at ₹1,200, citing only marginal tweaks to assumptions around discount rate, revenue growth, profit margin and future P/E that do not materially alter their valuation view. What's in the News Newgen Software Technologies L.L.C signed a software license, implementation and product support agreement with a leading bank in Kuwait, valued at US$2.22 million (about ₹205.4 million), to deliver Islamic corporate and retail finance origination solutions and a customer communication management system over 2 years (Key Developments).
Narrative Update Apr 04

NEWGEN: Middle East Contracts And APAC Partnership Will Drive Future Upside

Analysts are maintaining their price target for Newgen Software Technologies at ₹1,200, indicating only minor adjustments to assumptions around discount rate, revenue growth, profit margins and future P/E, rather than a change in the overall view. What's in the News Newgen Software Technologies L.L.C, the Dubai based subsidiary, signed a software license, implementation and support contract with a leading bank in Kuwait, valued at US$2.22 million (₹205.4 million) over 2 years.
Narrative Update Mar 20

NEWGEN: Gulf Contracts And APAC Partnership Will Support Future Upside Potential

Analysts have revised their price target on Newgen Software Technologies from ₹835 to ₹660, citing updated assumptions around the discount rate, revenue growth, profit margins, and future P/E expectations. What's in the News The subsidiary in Dubai has signed a software license, implementation, and support contract with a leading bank in Kuwait, valued at US$2.22 million (₹205.4 million).
Narrative Update Mar 06

NEWGEN: Future Contract Wins Will Support A Stronger Earnings Outlook

Analysts have revised their fair value estimate for Newgen Software Technologies to ₹845.0 from ₹1,091.2, reflecting updated assumptions on the discount rate, revenue growth, profit margins, and future P/E expectations. What's in the News Newgen Software Technologies L.L.C, the Dubai based wholly owned subsidiary, signed a 3 year agreement with a UAE government organisation for software licenses, implementation, and support services valued at AED 5,309,103 (about ₹130.7 million), excluding taxes (company filing).
Narrative Update Feb 20

NEWGEN: Recent Large Contracts Will Support Future Upside Potential

Analysts have kept their fair value estimate for Newgen Software Technologies steady at ₹1,200, citing largely unchanged assumptions for revenue growth, profit margins and future P/E, along with a slightly higher discount rate in their updated price target work. What's in the News Newgen Software Technologies L.L.C, the Dubai based wholly owned subsidiary, signed a 3 year agreement with a large government organisation in the UAE for an Automatic Exchange of Information Pillar 2 tax compliance system.
Narrative Update Feb 06

NEWGEN: Recent Orders And Upcoming Board Meet Will Support Future Upside

Analysts have kept their fair value estimate for Newgen Software Technologies steady at ₹1,200.00, with the unchanged price target reflecting updated assumptions around discount rate, revenue growth, profit margin and future P/E that broadly offset one another. What's in the News A board meeting is scheduled on January 20, 2026 to consider and approve the unaudited standalone and consolidated financial results for the quarter ended December 31, 2025 (company filing).
Narrative Update Jan 23

NEWGEN: Lending Platform Orders And Partnership Will Support Future Upside

Analysts have trimmed their price target on Newgen Software Technologies from ₹1,300 to ₹1,200, reflecting updated assumptions around slightly slower revenue growth, a modestly lower discount rate, and a higher profit margin outlook supported by a reduced forward P/E multiple. What's in the News A board meeting is scheduled on Jan 20, 2026 to consider and approve unaudited standalone and consolidated financial results for the quarter ended Dec 31, 2025 (company filing).
Analysis Article Jan 22

Newgen Software Technologies Limited (NSE:NEWGEN) May Have Run Too Fast Too Soon With Recent 26% Price Plummet

The Newgen Software Technologies Limited ( NSE:NEWGEN ) share price has fared very poorly over the last month, falling...
Analysis Article Nov 09

Solid Earnings May Not Tell The Whole Story For Newgen Software Technologies (NSE:NEWGEN)

The market for Newgen Software Technologies Limited's ( NSE:NEWGEN ) stock was strong after it released a healthy...
Analysis Article Nov 02

Getting In Cheap On Newgen Software Technologies Limited (NSE:NEWGEN) Is Unlikely

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 27x, you may consider Newgen...
Analysis Article Oct 15

Do Newgen Software Technologies' (NSE:NEWGEN) Earnings Warrant Your Attention?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Sep 19

Newgen Software Technologies (NSE:NEWGEN) Could Easily Take On More Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Narrative Update Sep 04

Cloud Adoption And AI Will Reshape BFSI And Healthcare

With both the discount rate and future P/E ratio remaining virtually unchanged, the consensus analyst price target for Newgen Software Technologies also held steady at ₹1091. What's in the News Received and accepted a purchase order worth INR 731.2 million for scanning and digitization of judicial and administrative records for a state court, to be completed within 2 years.
Analysis Article Aug 26

Newgen Software Technologies (NSE:NEWGEN) Knows How To Allocate Capital Effectively

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
Analysis Article Jul 26

More Unpleasant Surprises Could Be In Store For Newgen Software Technologies Limited's (NSE:NEWGEN) Shares After Tumbling 26%

Newgen Software Technologies Limited ( NSE:NEWGEN ) shares have had a horrible month, losing 26% after a relatively...
Analysis Article Jul 12

Newgen Software Technologies' (NSE:NEWGEN) Dividend Will Be Increased To ₹5.00

Newgen Software Technologies Limited's ( NSE:NEWGEN ) dividend will be increasing from last year's payment of the same...
Analysis Article Jun 19

Newgen Software Technologies (NSE:NEWGEN) Has Announced That It Will Be Increasing Its Dividend To ₹5.00

Newgen Software Technologies Limited ( NSE:NEWGEN ) has announced that it will be increasing its dividend from last...
Analysis Article Jun 15

At ₹1,167, Is Newgen Software Technologies Limited (NSE:NEWGEN) Worth Looking At Closely?

While Newgen Software Technologies Limited ( NSE:NEWGEN ) might not have the largest market cap around , it saw a...
Analysis Article May 10

Newgen Software Technologies (NSE:NEWGEN) Strong Profits May Be Masking Some Underlying Issues

The market for Newgen Software Technologies Limited's ( NSE:NEWGEN ) stock was strong after it released a healthy...
Analysis Article May 08

Newgen Software Technologies Limited's (NSE:NEWGEN) 28% Price Boost Is Out Of Tune With Earnings

Newgen Software Technologies Limited ( NSE:NEWGEN ) shareholders would be excited to see that the share price has had a...
Analysis Article May 05

Newgen Software Technologies' (NSE:NEWGEN) Shareholders Will Receive A Bigger Dividend Than Last Year

Newgen Software Technologies Limited's ( NSE:NEWGEN ) dividend will be increasing from last year's payment of the same...
Analysis Article Apr 09

Here's What Newgen Software Technologies' (NSE:NEWGEN) Strong Returns On Capital Mean

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Analysis Article Mar 22

Is Now The Time To Put Newgen Software Technologies (NSE:NEWGEN) On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Mar 02

Should You Think About Buying Newgen Software Technologies Limited (NSE:NEWGEN) Now?

Newgen Software Technologies Limited ( NSE:NEWGEN ), is not the largest company out there, but it received a lot of...
Analysis Article Feb 02

Some Newgen Software Technologies Limited (NSE:NEWGEN) Shareholders Look For Exit As Shares Take 39% Pounding

Newgen Software Technologies Limited ( NSE:NEWGEN ) shareholders won't be pleased to see that the share price has had a...
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New Narrative Jan 27

Investments In AI Will Strengthen Future Offerings In Banking And Insurance

Newgen Software's focus on AI and entry into new verticals drive revenue growth and enhance customer satisfaction.
Analysis Article Dec 19

Newgen Software Technologies Limited's (NSE:NEWGEN) 43% Price Boost Is Out Of Tune With Earnings

Newgen Software Technologies Limited ( NSE:NEWGEN ) shares have had a really impressive month, gaining 43% after a...
Analysis Article Dec 07

Why You Should Care About Newgen Software Technologies' (NSE:NEWGEN) Strong Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Analysis Article Nov 19

Is Now The Time To Put Newgen Software Technologies (NSE:NEWGEN) On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Oct 23

Impressive Earnings May Not Tell The Whole Story For Newgen Software Technologies (NSE:NEWGEN)

Investors were disappointed with Newgen Software Technologies Limited's ( NSE:NEWGEN ) earnings, despite the strong...
Analysis Article Oct 18

Newgen Software Technologies Limited Just Recorded A 28% EPS Beat: Here's What Analysts Are Forecasting Next

Newgen Software Technologies Limited ( NSE:NEWGEN ) shareholders are probably feeling a little disappointed, since its...
Analysis Article Oct 15

Is Now An Opportune Moment To Examine Newgen Software Technologies Limited (NSE:NEWGEN)?

Newgen Software Technologies Limited ( NSE:NEWGEN ), is not the largest company out there, but it saw a significant...
Analysis Article Sep 27

Subdued Growth No Barrier To Newgen Software Technologies Limited (NSE:NEWGEN) With Shares Advancing 29%

Despite an already strong run, Newgen Software Technologies Limited ( NSE:NEWGEN ) shares have been powering on, with a...
Analysis Article Jul 22

Newgen Software Technologies Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Last week saw the newest quarterly earnings release from Newgen Software Technologies Limited ( NSE:NEWGEN ), an...
Analysis Article Jun 22

Newgen Software Technologies (NSE:NEWGEN) Might Become A Compounding Machine

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
Analysis Article May 21

Should You Investigate Newgen Software Technologies Limited (NSE:NEWGEN) At ₹987?

Newgen Software Technologies Limited ( NSE:NEWGEN ), might not be a large cap stock, but it received a lot of attention...
Analysis Article May 04

Market Participants Recognise Newgen Software Technologies Limited's (NSE:NEWGEN) Earnings Pushing Shares 29% Higher

Newgen Software Technologies Limited ( NSE:NEWGEN ) shares have had a really impressive month, gaining 29% after a...
Analysis Article May 03

Newgen Software Technologies Limited (NSE:NEWGEN) Just Released Its Annual Results And Analysts Are Updating Their Estimates

The investors in Newgen Software Technologies Limited 's ( NSE:NEWGEN ) will be rubbing their hands together with glee...
Analysis Article Mar 26

Is Now The Time To Put Newgen Software Technologies (NSE:NEWGEN) On Your Watchlist?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Feb 21

Newgen Software Technologies (NSE:NEWGEN) Will Want To Turn Around Its Return Trends

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Analysis Article Feb 06

Newgen Software Technologies (NSE:NEWGEN) Seems To Use Debt Rather Sparingly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jan 19

₹990 - That's What Analysts Think Newgen Software Technologies Limited (NSE:NEWGEN) Is Worth After These Results

Investors in Newgen Software Technologies Limited ( NSE:NEWGEN ) had a good week, as its shares rose 7.3% to close at...
Analysis Article Jan 16

Should You Think About Buying Newgen Software Technologies Limited (NSE:NEWGEN) Now?

Newgen Software Technologies Limited ( NSE:NEWGEN ), might not be a large cap stock, but it led the NSEI gainers with a...
Analysis Article Dec 27

Earnings Tell The Story For Newgen Software Technologies Limited (NSE:NEWGEN)

Newgen Software Technologies Limited's ( NSE:NEWGEN ) price-to-earnings (or "P/E") ratio of 51.5x might make it look...
Analysis Article Dec 06

Here's Why We Think Newgen Software Technologies (NSE:NEWGEN) Might Deserve Your Attention Today

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...

Revenue & Expenses Breakdown

How Newgen Software Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:NEWGEN Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2615,7443,00600
31 Dec 2515,5163,0263020
30 Sep 2515,3253,2883020
30 Jun 2514,9283,1743020
31 Mar 2514,8693,1523020
31 Dec 2414,3233,1221930
30 Sep 2413,7482,9151930
30 Jun 2413,0692,6901930
31 Mar 2412,4382,5161930
31 Dec 2311,7362,2551670
30 Sep 2311,0492,0451670
30 Jun 2310,3781,8721670
31 Mar 239,7401,7701670
31 Dec 229,0031,5511970
30 Sep 228,4791,5471970
30 Jun 228,0731,6181970
31 Mar 227,7901,6421970
31 Dec 217,4751,595710
30 Sep 217,3051,471710
30 Jun 217,0001,390710
31 Mar 216,7261,265710
31 Dec 206,6351,1522010
30 Sep 206,6291,0382010
30 Jun 206,6197882010
31 Mar 206,6087271480
31 Dec 196,7399382670
30 Sep 196,4958792670
30 Jun 196,4511,0142670
31 Mar 196,2061,0224620
31 Dec 186,0059922230
30 Sep 185,6138982230
30 Jun 185,30378300
31 Mar 185,1247292230
31 Mar 174,2715131860
31 Mar 163,4682591670

Quality Earnings: NEWGEN has high quality earnings.

Growing Profit Margin: NEWGEN's current net profit margins (19.1%) are lower than last year (21.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NEWGEN's earnings have grown by 19.8% per year over the past 5 years.

Accelerating Growth: NEWGEN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NEWGEN had negative earnings growth (-4.7%) over the past year, making it difficult to compare to the Software industry average (10.9%).


Return on Equity

High ROE: NEWGEN's Return on Equity (16.9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/14 09:07
End of Day Share Price 2026/05/14 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Newgen Software Technologies Limited is covered by 9 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vijayaraghavan SwaminathanAvendus Spark
Soumitra ChatterjeeAvendus Spark
Rahul JainDolat Capital Market Pvt. Ltd.