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Newgen Software Technologies Limited (NEWGEN.NS)

INR557.70 +3.30 (+0.60%)
IN NSE Technology Software - Application
Address A-6, Satsang Vihar Marg 110 067
New Delhi, IN
CEO Virender Jeet
IPO 2018-01-29
ISIN INE619B01017

Explore sections of this company profile

Also trades on Bombay Stock Exchange · NEWGEN.BO (INR) National Stock Exchange of India · NEWGEN.NS (INR)
Description

Newgen Software Technologies Limited, established in 1992 and headquartered in New Delhi, India, operates as a global provider of specialized software products and solutions. The company extends its services across India, Europe, the Middle East, Africa, the Asia Pacific region, and the United States. Its primary offerings encompass: Enterprise Content Management (ECM) software, designed to manage the entire lifecycle of organizational content, from its creation to ultimate disposal. Business Process Management (BPM) software, featuring an automation suite to streamline and optimize workflows across an enterprise. Customer Communication Management (CCM) software, which facilitates the delivery of client communications and helps leverage cross-selling and up-selling opportunities through various channels, including email, SMS, web platforms, and print. Newgen's clientele spans a diverse range of industries, including financial institutions, insurance providers, healthcare organizations, governmental bodies, telecommunications, shared service centers, and business process outsourcing (BPO) firms, among others.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR557.70 +3.30 (+0.60%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
0.58
Float Shares
58.44M
Free Float %
41.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-5.16% -6.45% +3.80% -8.43% -52.73% -44.98% -58.41% +52.84% +189.06% +268.42% +268.42%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
557.70
DCF (Unlevered) 666.26 +19.5%
DCF (Levered) 513.24 -8.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 67% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 4 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
7.72
Safe zone
Piotroski F-Score
4 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Software - Application: +13.0%
    +5.9% Q1'26: +5.3% (vs Q1'25)
  • EPS growth Software - Application: +28.6%
    -3.0% Q1'26: -0.9% (vs Q1'25)
  • FCF margin FCF growth · Software - Application: +45.3%
    +13.8% Q1'26: +19.2% (vs Q1'25)
  • EBIT margin Software - Application: +9.4%
    +23.5% Q1'26: +31.5% (vs Q1'25)
  • ROIC Software - Application: +7.5%
    +40.8% Q1'26: +62.7% (vs Q1'25)
  • Share dilution Software - Application: +0.0%
    -1.7% Q1'26: -1.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Software - Application: -1.16×
    0.10× Q1'26: 0.06× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.72) × ERP
WACC = 99% × Ke + 1% × Kd (13.9%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 657.05 Current price: 557.70
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
6 Rev. Ana.
5 EPS Ana.
Mar 2027
6 Rev. Ana.
6 EPS Ana.
Mar 2028
7 Rev. Ana.
6 EPS Ana.
Mar 2029
2 Rev. Ana.
2 EPS Ana.
Mar 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
5.12B
est: 5.33B (-3.9%)
6.21B
est: 6.21B (+0.0%)
6.61B
est: 6.61B (0.0%)
6.73B
est: 6.71B (+0.3%)
7.79B
est: 7.79B (0.0%)
9.74B
est: 9.74B (0.0%)
12.44B
est: 13.07B (-4.8%)
14.87B
est: 15.10B (-1.5%)
15.85B
15.50B – 16.49B
+5.0% YoY
17.66B
17.44B – 18.07B
+11.4% YoY
19.98B
19.00B – 21.29B
+13.2% YoY
21.33B
21.33B – 21.33B
+6.7% YoY
24.45B
23.66B – 25.57B
+14.6% YoY
EBITDA
973.71M
est: 1.26B (-22.5%)
1.28B
est: 1.20B (+6.5%)
903.23M
est: 1.66B (-45.6%)
1.81B
est: 1.12B (+61.3%)
1.87B
est: 1.33B (+40.4%)
2.02B
est: 1.58B (+27.3%)
2.74B
est: 3.81B (-28.1%)
3.60B
est: 4.41B (-18.4%)
4.62B
4.52B – 4.81B
+4.7% YoY
5.14B
5.08B – 5.27B
+11.4% YoY
5.82B
5.54B – 6.21B
+13.2% YoY
6.21B
6.21B – 6.21B
+6.7% YoY
7.12B
6.90B – 7.45B
+14.6% YoY
EBIT
921.19M
est: 1.20B (-23.0%)
1.22B
est: 1.12B (+8.8%)
849.65M
est: 1.35B (-37.2%)
1.74B
est: 773.06M (+125.3%)
1.77B
est: 915.74M (+93.7%)
1.90B
est: 1.09B (+74.5%)
2.60B
est: 3.38B (-22.9%)
3.44B
est: 3.91B (-12.1%)
4.10B
4.00B – 4.26B
+4.7% YoY
4.56B
4.50B – 4.67B
+11.4% YoY
5.16B
4.91B – 5.50B
+13.2% YoY
5.51B
5.51B – 5.51B
+6.7% YoY
6.32B
6.11B – 6.61B
+14.6% YoY
Net Income
728.87M
est: 1.44B (-49.4%)
1.02B
est: 888.78M (+15.0%)
727.35M
est: 1.13B (-35.6%)
1.26B
est: 662.32M (+91.0%)
1.64B
est: 784.56M (+109.3%)
1.77B
est: 933.87M (+89.5%)
2.52B
est: 2.69B (-6.5%)
3.15B
est: 3.17B (-0.7%)
3.39B
3.23B – 3.56B
+6.9% YoY
3.61B
3.27B – 3.97B
+6.4% YoY
4.25B
3.94B – 4.63B
+17.6% YoY
4.93B
4.71B – 5.12B
+16.0% YoY
5.93B
5.68B – 6.28B
+20.4% YoY
SGA
222.51M
est: 94.71M (+134.9%)
462.23M
est: 4.95B (-90.7%)
148.39M
est: 5.31B (-97.2%)
71.29M
est: 5.04B (-98.6%)
196.58M
est: 5.97B (-96.7%)
167.21M
est: 7.10B (-97.6%)
193.09M
est: 204.43M (-5.5%)
301.62M
est: 10.03B (-97.0%)
247.99M
242.42M – 257.98M
-97.5% YoY
276.19M
272.75M – 282.65M
+11.4% YoY
312.58M
297.16M – 333.11M
+13.2% YoY
333.59M
333.59M – 333.59M
+6.7% YoY
382.45M
370.15M – 400.04M
+14.6% YoY
EPS
11.44
est: 10.00 (+14.4%)
7.34
est: 7.40 (-0.8%)
5.28
est: 6.70 (-21.2%)
9.14
est: 10.13 (-9.7%)
11.83
est: 12.18 (-2.9%)
12.66
est: 12.65 (+0.1%)
18.02
est: 19.24 (-6.3%)
22.53
est: 22.48 (+0.2%)
23.90
22.82 – 25.14
+6.3% YoY
26.48
23.11 – 28.04
+10.8% YoY
30.68
27.81 – 32.72
+15.8% YoY
34.75
33.30 – 36.20
+13.3% YoY
41.90
40.15 – 44.41
+20.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 A 4/5 4/5 4/5 5/5 3/5 3/5 3/5
2026-05-08 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-05-07 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-05-06 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-05-05 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-05-04 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-04-30 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-29 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-28 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-27 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-24 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-23 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-22 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-21 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-20 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-17 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-16 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
445.97M
OE per share TTM
3.10
Owner's Yield
0.65%
Maintenance CapEx ratio
2.56%
Maint CapEx / Avg PPE
21.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 4 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 WisdomTree India Earnings Fund EPI 0.03% 591.8K 0.84%
2 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.03% 190.3K 0.65%
3 WisdomTree Emerging Markets SmallCap Dividend UCITS ETF DGSD.L 0.01% 3.3K 0.54%
4 State Street SPDR Portfolio MSCI Global Stock Market ETF SPGM 0.01% 128.9K 0.09%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
949.0K
Shares Outstanding
141.16M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Diwakar Nigam Co-Founder, Executive Chairman & MD 78M male
Surender Jeet Raj Executive Vice President of Global Business Strategy & HR 47M
T. S. Varadarajan Co-Founder & Whole-Time Director 43M male
Priyadarshini Nigam Whole-Time Director 26M female
Aman Mourya Company Secretary, Legal Head & Compliance Officer 4M male
Virender Jeet Chief Executive Officer male
Arun Kumar Gupta Chief Financial Officer male
Rajvinder Singh Kohli Head of GSI Sales & Senior Vice President of Sales male
Soni Neelankavil AVP of QSG & Chief Risk Officer male
Tarun Nandwani Chief Operating Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits