Newgen Software Technologies Ltd share price logo

Newgen Software Technologies Ltd (NEWGEN)

₹1087.552.81%

bell
Get free price alerts. Set up your Free investment account to get Live Prices.

🔔 Earnings Alert

Newgen Software Technologies Q1 net profit falls 55% QoQ, revenue down 16% QoQ

Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 3 analysts

BUY

33.33%

Buy

66.67%

Hold

0.00%

Sell

Based on 3 analysts offering long term price targets for Newgen Software Technologies Ltd. An average target of ₹1100.67

Source: S&P Global Market Intelligence

Newgen Software Technologies Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹1,061.7
    ₹1,156.95
  • 52 Week's Low

    52 Week's High

    ₹394.33
    ₹1,156.95
1 Month Return+ 5.75 %
3 Month Return+ 40.64 %
1 Year Return+ 161.89 %
Previous Close₹1,057.85
Open₹1,070.00
Volume6.01L
Upper Circuit-
Lower Circuit-
Market Cap₹14,840.77Cr

Key Statistics

P/E Ratio55.59
PEG Ratio9.95
Market Cap₹14,840.77 Cr
P/B Ratio9.68
EPS5.26550022252114

Mutual Fund Holdings

Funds HoldingsPrev. 6M
HDFC Childrens Gift Fund Direct PlanHDFC Childrens Gift Fund Direct Plan2.16%
HDFC Childrens Gift Fund Direct Plan(Lock-in)HDFC Childrens Gift Fund Direct Plan(Lock-in)2.16%
Tata Digital India Fund Direct GrowthTata Digital India Fund Direct Growth1.47%
JM Flexicap Fund (Direct) Growth OptionJM Flexicap Fund (Direct) Growth Option1.46%
Tata Retirement Savings Progressive Fund Direct Plan GrowthTata Retirement Savings Progressive Fund Direct Plan Growth1.55%

Company Information

Newgen Software Technologies Limited is a software products company providing Business Process Management, Enterprise Content Management, and Customer Communication Management platforms. With over 270 direct sales employees and 300 channel partners, the company works with some of the world's leading organizations, across sectors such as banking, government, BPOs, IT's, insurance, and healthcare. The company has developed platforms that enable customers to rapidly design, build, and implement enterprise-grade custom applications with minimal coding and also offers its products suites on-premise as well as on cloud in the form of subscription. In 2018, the company raised approx. Rs 424.63 cr. in an initial public offering with a subscription 8.17 times the Issue Price, and listed on both BSE and NSE at 3.27% above the Issue Price. The same year, the company released Mobile Medicare Enrolment for the US Health Plans, and received a work order for Document Management System and digitization of Court records in Maharashtra for a total size of Rs 63.93 crores. Recently, the company also received orders from American National Bank of Texas and Credit Union of Colorado for its Account Opening and Loan Origination solutions, and an agreement with Hewlett Packard Enterprise India for the supply of software licenses and related services.

Share Price: ₹1087.55 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹14,840.77Cr as of today
Revenue: ₹314.72Cr as on June 2024 (Q2 24)
Net Profit: ₹47.57Cr as on June 2024 (Q2 24)
Listing date: 29 Jan, 2018
Chairperson Name: Diwakar Nigam
OrganisationNewgen Software Technologies Ltd
HeadquartersNew Delhi
IndustryIT - Software
E-voting on sharesClick here to vote

Key events for Newgen Software Technologies Ltd

  • Newgen Software Technologies CEO Sees No Challenges in Business - 24 Jul, 2024

    Newgen Software Technologies' Q1FY25 net profit fell 55% QoQ at Rs. 47.6 crore, while revenue stood at Rs. 315 crore, down 16%. However, the CEO remains optimistic about growth driven by traditional markets in India and the Middle East, with broad-based wins across APAC and the US financial services sector.

  • Newgen Software Reports In-Line Revenue Growth - 23 Jul, 2024

    Newgen Software Technologies Ltd reported in-line revenue growth of 25% YoY, with EBIT margin at 12.7%, outperforming consensus estimates despite increased hiring and investment in sales and marketing. The company is on track to boost annuity revenue and maintain EBITDA margins in the 23-24% range. Analysts forecast 26%/24%/22% revenue growth for FY25/FY26/FY27. TP works out INR 1,010 with an unchanged target P/E of 40x; reiterate HOLD.

  • Newgen Software's Shares Fall on Weak Q1 Results - 18 Jul, 2024

    Newgen Software Technologies Ltd reported a sequential decline in its consolidated net profit and revenue for Q1 FY25, causing the stock price to fall nearly 7%. However, on an annual basis, Newgen's net profit and revenue rose by 57% and 25%, respectively.

  • Newgen Software Technologies to Trade Ex-Dividend in Three Days - 12 Jul, 2024

    Newgen Software Technologies is set to trade ex-dividend on July 16, with a dividend payment of ₹4.00 per share paid on August 24. The company has a trailing yield of 0.4% and pays out just 22% of its profit after tax, leaving plenty of breathing room for adverse events. Dividends are well covered by both profits and cash flow, and the company's earnings per share have risen 19% annually over the last five years.

Insights on Newgen Software Technologies Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 3.66% to 3.85% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 16.40% to 17.84% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, NEWGEN stock has moved up by 40.6%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Oracle Financial Services Software Ltd has given 185.4% return, outperforming this stock by 23.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, KPIT Technologies Ltd has given 508.8% return, outperforming this stock by 270.7%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 390.34 Cr → 337.28 Cr (in ₹), with an average decrease of 13.6% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 18.52% to 17.60% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 55.01% to 54.30% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 105.27 Cr → 47.57 Cr (in ₹), with an average decrease of 54.8% per quarter

Company Financials

Value in ₹ crore
Q'2 24Q/Q Change
Revenue
₹314.72Cr
↓16.14%
Net Income
₹47.57Cr
↓54.81%
Net Profit Margin
15.12%
↓46.10%
2024Y/Y Change
Revenue
₹1,243.83Cr
↑27.71%
Net Income
₹251.61Cr
↑42.14%
Net Profit Margin
20.23%
↑11.34%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹1,533.40Cr
↑24.03%
Total Liabilities
₹385.82Cr
↑22.86%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹263.87Cr
↑183.03%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
54.3%
-1.30
Foreign Institutions
17.84%
8.78
Mutual Funds
3.85%
5.05
Retail Investors
17.6%
-4.92
Others
6.41%
-0.02

Key Indicators

Newgen Software Technologies Ltd Valuation

Newgen Software Technologies Ltd in the last 5 years

  • Overview

  • Trends

Lowest (7.17x)

March 23, 2020

Industry (38.04x)

July 23, 2024

Today (55.59x)

July 23, 2024

Highest (57.45x)

May 3, 2024

LowHigh

Earnings and Dividends

  • Newgen Software Technologies Ltd Earnings Results

    Newgen Software Technologies Ltd’s net profit jumped 57.52% since last year same period to ₹47.57Cr in the Q1 2024-2025. On a quarterly growth basis, Newgen Software Technologies Ltd has generated -54.81% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Newgen Software Technologies Ltd Dividends April,2024

    In the quarter ending March 2024, Newgen Software Technologies Ltd has declared dividend of ₹4 - translating a dividend yield of 0.85%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Newgen Software Technologies Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Newgen Software Technologies Ltd shares.

Newgen Software Technologies Ltd (NEWGEN) share price today is ₹1087.55

Newgen Software Technologies Ltd is listed on NSE

Newgen Software Technologies Ltd is listed on BSE

  • Today’s highest price of Newgen Software Technologies Ltd is ₹1156.95.
  • Today’s lowest price of Newgen Software Technologies Ltd is ₹1061.7.

PE Ratio of Newgen Software Technologies Ltd is 55.59

PE ratio = Newgen Software Technologies Ltd Market price per share / Newgen Software Technologies Ltd Earnings per share

Today’s traded volume of Newgen Software Technologies Ltd(NEWGEN) is 6.01L.

Today’s market capitalisation of Newgen Software Technologies Ltd(NEWGEN) is ₹14840.77Cr.

Newgen Software Technologies Ltd(NEWGENPrice
52 Week High
₹1156.95
52 Week Low
₹394.33

Newgen Software Technologies Ltd(NEWGEN) share price is ₹1087.55. It is down -6.00% from its 52 Week High price of ₹1156.95

Newgen Software Technologies Ltd(NEWGEN) share price is ₹1087.55. It is up 175.80% from its 52 Week Low price of ₹394.33

Newgen Software Technologies Ltd(NEWGENReturns
1 Day Returns
29.7%
1 Month Returns
5.75%
3 Month Returns
40.64%
1 Year Returns
161.89%