NEWGENInformation Technology

Newgen Software Technologies Limited

Computers - Software & Consulting · ISIN INE619B01017 · BSE 540900 · NSE EQ · FV ₹10
Last price
₹490
-0.51%today
What this company does

Newgen Software Technologies Limited operates in Computers - Software & Consulting, part of the Information Technology sector. It booked ₹357 cr of revenue in its latest quarter (Q1 FY27) and kept 17.6% of sales as profit.

Annual Report 2024-25 Dear Stakeholders, I am pleased to share the progress and performance We are also very passionate about our community of our Company for FY 2024–25. This has been a building initiatives.
In the report:
68out of 100
Equitytale Health Score
Solid

Healthier than 68% of companies in Information Technology, on all six measures of filed financials. Each measure is ranked against the 42–123 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
35

At close. Not part of the score.

Profitability & returns64

How much profit it earns on the money it employs

Balance sheet93

How much it owes, and whether earnings cover the interest

Cash quality65

Whether reported profit actually arrives as cash

Growth & consistency73

Whether sales and profit have grown, and how steadily

Valuation15

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 18% net margin
Sales up 11% vs last year
Profit up 26% vs last year
Promoters hold 53%
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in NEWGEN?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹490 -0.51%
latest close · 2026-09-17
1-year return
+70.1%
52-wk low ₹16252-wk high ₹586
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio27.6Average
LowAverageHigh
P/B ratio3.90High
Below bookModerateHigh
EV / EBITDA18.5High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity14.1%Fair
WeakFairStrong ▸15%
Return on capital17.5%Strong
WeakFairStrong
Net margin17.6%Strong
ThinDecentStrong
EBITDA margin25.8%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover96.3×Strong
RiskyOkayStrong ▸5×
Current ratio3.70Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹6,924 cr
Book value
₹126
EPS
₹4.44
latest quarter
Net debt
₹-104 cr
more cash than debt
Enterprise value
₹6,821 cr
EBITDA
₹369 cr
annualised
EBIT
₹332 cr
annualised
Operating margin
23.3%
Return on assets
10.3%
Earnings yield
3.63%
P/S
4.85
Sales / share
₹100.9
Tax rate
23.5%
Face value
₹10
Shares
14.1 cr
Working capital
₹1,485 cr
Current assets
₹2,035 cr
Current liabilities
₹550 cr
Delivery %
33.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedHigh confidence
Median of 3 models ₹222 vs market price ₹490 — price is 121% above it
Safety cushion-121.0%(target ≥ +20%)
Models span ₹194₹291, midpoint ₹222
Model ₹222
Price ₹490
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹357 cr
Other Income₹36 cr
Total Income₹393 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹190 cr
Finance Costs₹86.1 L
Depreciation & Amortisation₹9 cr
Other Expenses₹111 cr
Total Expenses₹311 cr
Profit before Tax₹82 cr
Tax Expense₹19 cr
Net Profit₹63 cr
Net margin on total income16.0%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹190 cr48.4%
Finance costs₹86.1 L0.2%
Depreciation & amortisation₹9 cr2.3%
Other expenses₹111 cr28.2%
Tax expense₹19 cr4.9%
Profit for the period₹63 cr16.0%
Total income ₹393 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue400 cr453 cr357 cr
Total income420 cr457 cr393 cr
Expenses305 cr311 cr311 cr
Profit before tax80 cr138 cr82 cr
Tax17 cr31 cr19 cr
Net profit (owners' share)68 cr106 cr63 cr
Net margin (owners' share, on revenue)17.0%23.5%17.6%
EPS (₹)4.467.564.44
YoY (latest quarter): total income +12.3% · net profit +26.3%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹2,442 cr
Shareholder equity
₹1,777 cr
parent shareholders
Total debt
₹0 cr
Cash
₹104 cr
Cash flow · H1 FY26
Operating
₹90 cr
Investing
₹-40 cr
Financing
₹-75 cr
Peer comparison
Computers - Software & Consulting · by market value
CompanyPriceMarket capP/E
Tata Consultancy Services Limited₹2,190₹7.93 L cr14.8
Infosys Limited₹1,059₹4.29 L cr13.8
HCL Technologies Limited₹1,258₹3.42 L cr18.4
Wipro Limited₹166₹1.65 L cr13.0
Tech Mahindra Limited₹1,561₹1.38 L cr23.6
LTM Limited₹4,265₹1.26 L cr21.6
Persistent Systems Limited₹5,473₹86,337 cr44.3
Coforge Limited₹1,793₹79,340 cr36.3
MphasiS Limited₹2,320₹44,284 cr22.6
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.23%
trailing 12 months
Dividend / share (TTM)
₹6
Last dividend
₹6
ex 17 Jul 2026
ActionDetailEx-date
Dividend₹6 / share17 Jul 2026
Dividend₹5 / share18 Jul 2025
Dividend₹4 / share18 Jul 2024
Bonus issue1:112 Jan 2024
Dividend₹5 / share20 Jun 2023
Dividend₹4.5 / share15 Jun 2022
Who owns it · 2026-06-30
No pledge
Promoter
53.5%
FII / Foreign
13.8%
DII / Domestic
8.2%
Retail / others
23.9%
Promoter stake down 1.6% over the last 12 quarters.
Smart-money activity
Insider trades
SoldNEWGEN ESOP TRUST · Other58,859 · ₹3.4 cr26 Aug 21
SoldATUL PHARASI · Employees/Designated Employees3,000 · ₹17.3 L4 Aug 21
SoldATUL PHARASI · Employees/Designated Employees2,000 · ₹12.4 L26 Jul 21
Bulk / block deals
short · NSE929 Jul 26
short · NSE54224 Jul 26
SoldJUNOMONETA FINSOL PRIVATE LIMITED · NSE9.17 L @ ₹556.3416 Jul 26
Stake changes
BoughtVaradarajan Tirumalai Sundaraja Iyengar · promoter→ 22.59% · 16.65 L18 Nov 24
SoldUsha Varadarajan · promoter→ 0.00% · 16.65 L18 Nov 24
SoldUsha Varadarajan · promoter→ 1.19% · 10.00 L19 Jun 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 10 Jan 2026
See the official result
1
APPOINTMENT OF MS. SHUBHI NIGAM (DIN: 11385232) AS A NON-EXECUTIVE NON-INDEPENDENT DIRECTOR OF THE COMPANY
Promoters had a personal stake in this
Backed by 98% of shareholders other than promotersneeded 50%
2.21 cr votes for, 5.42 L against · 2% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 21 named members
owning 53.5% between them · as of 2026-06-30
TIRUMALAI SUNDARAJA IYENGAR VARADARAJAN22.23%
DIWAKAR NIGAM22.00%
PRIYADARSHINI NIGAM9.22%
JNANAADRI INNOVATIONS LLPno shares
JNANAADRI TECHNOVATIONS PRIVATE LIMITEDno shares
MEENAKSHI NIGAM ISSARno shares
NADADUR SRINIVASA VARADAN SAROJAno shares
N.S. KRISHNAMACHARYno shares
Business done with them
FY2026 · 2 of the group
The company paid ₹34 cr to companies in the promoter group last year — about 2.1% of its ₹1,574 cr revenue.
Diwakar Nigam
Other payments to them · Salaries, wages and bonus, Dividend paid (excluding dividend distribution tax)
also owns 22.00% of the company
₹24 cr
company paid
Priyadarshini Nigam
Other payments to them · Salaries, wages and bonus, Dividend paid (excluding dividend distribution tax)
also owns 9.22% of the company
₹9 cr
company paid

The company also transacted with 6 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.