NEWGENInformation Technology

Newgen Software Technologies Limited

Computers - Software & Consulting · ISIN INE619B01017 · BSE 540900 · NSE EQ · FV ₹10
Last price
₹442
-0.34%today
What this company does

Newgen Software Technologies Limited operates in Computers - Software & Consulting, part of the Information Technology sector. It booked ₹422 cr of revenue in its latest quarter (Q2 FY27) and kept 20.6% 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:
72out of 100
Equitytale Health Score
Solid

Healthier than 72% of companies in Information Technology, on all six measures of filed financials. Each measure is ranked against the 43–127 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)
38

At close. Not part of the score.

Profitability & returns79

How much profit it earns on the money it employs

Balance sheet95

How much it owes, and whether earnings cover the interest

Cash quality66

Whether reported profit actually arrives as cash

Growth & consistency74

Whether sales and profit have grown, and how steadily

Valuation17

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 21% net margin
✓ Sales up 5% vs last year
✓ Profit up 6% vs last year
✓ Promoters hold 53%
✓ No promoter shares pledged
✓ Strong 19% return on equity
✓ 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 We do not publish price targets or predict returns.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
₹442▼ -0.34%
latest close · 2026-11-04
1-year return
+48.3%
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 ratio17.9Average
LowAverageHigh
P/B ratio3.37High
Below bookModerateHigh
EV / EBITDA12.7Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity18.8%Strong
WeakFairStrong ▸15%
Return on capital22.5%Strong
WeakFairStrong
Net margin20.6%Strong
ThinDecentStrong
EBITDA margin28.5%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover122.9×Strong
RiskyOkayStrong ▸5×
Current ratio4.49Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹6,250 cr
Book value
₹131
EPS
₹6.16
latest quarter
Net debt
₹-146 cr
more cash than debt
Enterprise value
₹6,104 cr
EBITDA
₹482 cr
annualised
EBIT
₹444 cr
annualised
Operating margin
26.3%
Return on assets
14.3%
Earnings yield
5.58%
P/S
3.70
Sales / share
₹119.4
Tax rate
21.1%
Face value
₹10
Shares
14.2 cr
Working capital
₹1,575 cr
Current assets
₹2,026 cr
Current liabilities
₹451 cr
Delivery %
30.0%
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 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedHigh confidence
Median of 3 models ₹209 vs market price ₹442 — price is 111% above it
Safety cushion-110.8%(target ≥ +20%)
Models span ₹202–₹293, midpoint ₹209
Model ₹209
Price ₹442
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 · Q2 FY27 (consolidated)
Revenue from Operations₹422 cr
Other Income₹11 cr
Total Income₹434 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹191 cr
Finance Costs₹90.4 L
Depreciation & Amortisation₹9 cr
Other Expenses₹122 cr
Total Expenses₹324 cr
Profit before Tax₹110 cr
Tax Expense₹23 cr
Net Profit₹87 cr
Net margin on total income20.0%
Where the money goes · Q2 FY27
% of total income
Employee benefit expense₹191 cr44.1%
Finance costs₹90.4 L0.2%
Depreciation & amortisation₹9 cr2.2%
Other expenses₹122 cr28.1%
Tax expense₹23 cr5.4%
Profit for the period₹87 cr20.0%
Total income ₹434 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue453 cr357 cr422 cr
Total income457 cr393 cr434 cr
Expenses311 cr311 cr324 cr
Profit before tax138 cr82 cr110 cr
Tax31 cr19 cr23 cr
Net profit (owners' share)106 cr63 cr87 cr
Net margin (owners' share, on revenue)23.5%17.6%20.6%
EPS (₹)7.564.446.16
YoY (latest quarter): total income +4.7% · net profit +6.3%
Balance sheet & cash flow · as of Sep 2026
Debt-free
Total assets
₹2,422 cr
Shareholder equity
₹1,853 cr
parent shareholders
Total debt
₹0 cr
Cash
₹146 cr
Cash flow · H1 FY27
Operating
₹108 cr
Investing
₹24 cr
Financing
₹-92 cr
Peer comparison
Computers - Software & Consulting · by market value
CompanyPriceMarket capP/E
Tata Consultancy Services Limited₹2,499₹9.05 L cr16.3
Infosys Limited₹1,148₹4.65 L cr14.9
HCL Technologies Limited₹1,439₹3.91 L cr19.0
Wipro Limited₹198₹1.96 L cr15.3
Tech Mahindra Limited₹1,789₹1.59 L cr25.0
LTM Limited₹4,213₹1.25 L cr22.3
Persistent Systems Limited₹6,097₹96,180 cr68.0
Coforge Limited₹2,061₹91,190 cr41.8
MphasiS Limited₹2,535₹48,394 cr24.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.36%
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 · 2026-09-30
No pledge
Promoter
53.5%
FII / Foreign
13.8%
DII / Domestic
8.6%
Retail / others
23.4%
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— · NSE116 Oct 26
short— · NSE215 Oct 26
short— · NSE114 Oct 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 2026-09-30
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.