Newgen Software Technologies Ltd. share price target

Newgen Software Technologies posted a strong Q2 FY26, with revenue growing 11% year-on-year to INR 401cr, and profit rising 16% to INR 82cr. The company's subscription revenue surged 20% to INR 126cr. The quarter saw 15 new clients and significant multimillion-dollar orders in the UK, Europe, Ghana, and India. Both the US and Asia-Pacific regions grew by 22%, while India and EMEA posted steady gains. Their focus on digital solutions and AI-based products is helping improve efficiency, which in turn supports stable profit margins (20.4%). Newgen is also benefiting from investments in sales, marketing, and R&D. The...

SaaS-led growth driving rebound: Newgen delivered a healthy 11% YoY revenue growth in Q2FY26, led by 33% YoY growth in SaaS revenues (12% of revenue mix) and 16% YoY rise in implementation services (23% of revenue mix). The company's pivot toward annuity-based revenues is strengthening visibility, with SaaS and subscription momentum offsetting softness in traditional license sales (18% of revenue mix) across India and EMEA which are seeing delay in large license deal closures. Newgen's focus on large deal wins in the US, Europe/UK, Singapore is paying off with 15 new logo additions...

Newgen reported a sharp miss vs I-Sec estimate on revenue, with growth of 1.9% YoY – much lower than company’s aspiration of 20%+ YoY growth.

The company delivered a subdued Q1FY26, posting revenue of INR 3,207mn, falling short of expectations due to delays in large deal closures and cautious customer spending amid global uncertainty. Despite this, it maintained healthy profitability with a 15.5% of PAT margin, driven by a 19%YoY growth in recurring revenue streams like SaaS, ATS, and AMC. While license revenues declined due to smaller deal sizes and longer decision cycles, the addition of 12 new clients and growing interest from BFSI, insurance, and enterprise sectors show positive demand momentum. Its industry-specific, AI-driven low-code platforms continue...

Newgen reported strong revenue growth of 23.2% YoY in Q2FY25 led by license sales predominantly in APAC and healthy growth across other markets.

Newgen reported in-line revenue growth of 25% YoY. EBIT margin was at 12.7%, outperforming consensus estimates of 11.3%, despite increased hiring, employee cost and investment in sales and marketing.

Coasting along a strong and stable growth trajectory

Coasting along a strong and stable growth trajectory

Soaring on Digital transformation demand

Newgen Software Tech (Newgen) reported revenue of INR 2,517mn, up 33.9% YoY (ISEC: 21.8%) in Q1FY24. Strong revenue growth in a seasonally weak quarter was driven by high growth in license revenue (up 184.6% YoY) and annuity revenue (up 26.3% YoY). Growth was strong across all markets - India grew 24.5% YoY, EMEA grew 38.4% YoY, APAC grew 45.7% YoY and US grew 35.8% YoY.

Newgen Software reported revenue of ? 2.5bn, up 34% YoY in Q1FY24. Strong revenue growth in a seasonally weak quarter was driven by high growth in license revenue (up 185% YoY) and annuity revenue (up 26.3% YoY). Growth was strong across all markets - APAC grew 45.7% YoY, EMEA grew 38.4%, US grew 35.8% and India grew 24.5%.