Newgen Software Technologies Limited (NEWGEN) AI Stock Analysis

• Market Cap: ₹126.92B
• Dividend Yield: 0.56%
• Average Volume (3M): 201.64K
• Price to Earnings (P/E): 39.5
• Beta (1Y): 0.84
• Revenue Growth: 14.23%
• EPS Growth: 17.64%
• Country: IN
• Employees: 3,890
• Sector: Technology
• Sector Strength: 83
• Industry: Software - Application
• EPS (TTM): 3.50
• Shares Outstanding: 141,678,790
• 10 Day Avg. Volume: 189,988
• 30 Day Avg. Volume: 201,639
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹940.33
• Price Target Upside: 4.97% Upside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 3

• Rating: 66 Neutral
• Price Target: ₹1,016.00 ▲(13.42% Upside)

Newgen Software Technologies Limited has a strong financial foundation with impressive growth and profitability, which is the most significant factor in its score. However, technical indicators suggest a bearish trend, and the valuation appears high, which could deter potential investors. The absence of earnings call data and notable corporate events means these factors do not influence the score.

Newgen Software Technologies Limited Business Overview & Revenue Model

Company Description

Newgen Software Technologies Limited (NEWGEN) is a global provider of business process management, enterprise content management, and customer communication management solutions. Catering to various sectors including banking, insurance, government, healthcare, and shared services, Newgen offers a comprehensive suite of software applications that enable organizations to transform their business processes and improve operational efficiency. The company's core products are designed to facilitate digital transformation by automating complex business processes, managing extensive content, and enhancing customer interactions.

How the Company Makes Money

Newgen Software Technologies Limited generates revenue primarily through the sale of its software products and related services. The company's revenue model includes licensing fees from its range of software solutions, subscription fees for its cloud-based offerings, and professional services such as consulting, implementation, and support. Newgen also earns income from annual maintenance contracts, which provide clients with ongoing support and software updates. Significant partnerships with technology providers and system integrators enhance its market reach and contribute to its earnings. Additionally, Newgen's focus on recurring revenue through subscription models and long-term contracts helps stabilize its financial performance.

Newgen Software Technologies Limited Financial Statement Overview

Summary

Newgen Software Technologies Limited demonstrates a strong financial position with robust revenue growth and healthy profitability. The company's balance sheet underscores financial stability, and although the cash flow reveals some areas for improvement, overall financial health appears solid.

Income Statement

Newgen Software Technologies Limited has demonstrated strong revenue growth over the years, with a notable increase from 2024 to 2025. The gross profit margin and net profit margin are healthy, indicating efficient cost management and profitability. The EBIT and EBITDA margins are also robust, suggesting strong operational performance. Overall, the income statement reflects a positive growth trajectory and strong profitability.

Balance Sheet

The company's balance sheet shows a strong equity position with a high equity ratio, indicating financial stability. The debt-to-equity ratio is low, reflecting prudent leverage management. Return on equity is impressive, demonstrating effective use of shareholder capital to generate profits. The company's financial health is stable with a low risk of over-leverage.

Cash Flow

Newgen Software Technologies Limited has shown a consistent ability to generate positive free cash flow, although there was a decrease in operating cash flow from 2024 to 2025. The free cash flow to net income ratio remains strong, indicating efficient cash generation relative to net income. However, the decline in operating cash flow warrants attention. Overall, the cash flow statement reflects good cash management with some areas for improvement.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	14.87B	14.87B	12.44B	9.74B	7.79B	6.73B
Gross Profit	7.46B	7.46B	6.16B	3.92B	7.63B	6.60B
EBITDA	4.25B	3.76B	3.36B	2.46B	2.25B	2.07B
Net Income	3.15B	3.15B	2.52B	1.77B	1.64B	1.26B
Balance Sheet
Total Assets	20.45B	20.45B	16.86B	13.42B	11.07B	9.21B
Cash, Cash Equivalents and Short-Term Investments	9.24B	9.24B	7.41B	3.40B	3.68B	3.25B
Total Debt	534.85M	534.85M	485.07M	427.13M	278.23M	200.91M
Total Liabilities	5.29B	5.29B	4.63B	3.65B	2.96B	2.55B
Stockholders Equity	15.16B	15.16B	12.24B	9.77B	8.11B	6.66B
Cash Flow
Free Cash Flow	0.00	1.92B	2.68B	1.20B	1.30B	2.04B
Operating Cash Flow	0.00	2.15B	2.81B	1.36B	1.43B	2.16B
Investing Cash Flow	0.00	-1.72B	-2.19B	-942.98M	-805.92M	-1.43B
Financing Cash Flow	0.00	-680.86M	-474.55M	-440.48M	-319.74M	-1.02B

Newgen Software Technologies Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 895.80
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NEWGEN, the sentiment is Neutral. The current price of 895.8 is above the 20-day moving average (MA) of 876.44, below the 50-day MA of 995.24, and below the 200-day MA of 1134.51, indicating a neutral trend. The MACD of -25.02 indicates Negative momentum. The RSI at 46.49 is Neutral, neither overbought nor oversold. The STOCH value of 47.34 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:NEWGEN.

Newgen Software Technologies Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CYIENT	74 Outperform	₹133.47B	21.90		2.16%	3.64%	-4.78%
ZENSARTECH	73 Outperform	₹182.71B	27.09		1.61%	8.36%	0.83%
INTELLECT	69 Neutral	₹136.93B	38.88		0.71%	4.93%	15.12%
NEWGEN	66 Neutral	₹126.92B	39.54		0.56%	14.23%	17.64%
Sector *	61 Neutral	$35.62B	7.50	-10.94%	1.87%	8.86%	-10.27%
TEJASNET	54 Neutral	₹106.16B	57.69		0.41%	100.45%	6.29%
HFCL	51 Neutral	₹103.56B	305.58		0.28%	-18.38%	-91.01%

Newgen Software Technologies Limited Corporate Events

Newgen Software’s AGM Resolutions Approved by Shareholders

Newgen Software Technologies Limited announced the voting results from its 33rd Annual General Meeting held on July 25, 2025. The resolutions presented at the meeting were approved by the requisite majority of members. This development signifies continued shareholder support and could positively impact the company’s strategic initiatives and market positioning.