NEWGENNSENEWGEN SOFTWARE TECH LTDLowNeutral
Announced Fri, 24 Jul · 14:00 IST

Newgen Software 34th AGM: Rs 6 dividend approved, FY26 results adopted

Board & Shareholder Meetings View source PDF

NEWGEN · price

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AI summary

Newgen Software held its 34th AGM on July 24, 2026 via video conferencing with 178 members present. Members adopted FY26 audited financials and approved final dividend of Rs 6 per share (60%) on Rs 10 face value. Statutory auditor Walker Chandiok reappointed for second 5-year term. FY26 consolidated revenue grew 6% YoY to Rs 15,744 million. PAT excluding exceptional items was Rs 3,343 million, margin 21.2%. Annuity revenue contributed 62% of total. Added 47 new customers; clients above Rs 50 million billing rose from 87 to 101.

Likely market impact

Dividend of Rs 6/share (60%) approved; FY26 revenue up 6% with 21.2% PAT margin and 62% annuity mix, pointing to stable earnings.