Newgen Software Technologies Limited has informed the Exchange about Transcript
NEWGEN · price
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Newgen reported FY'26 revenue of INR 1,574 crores (6% Y-o-Y growth) with strong shift toward annuity revenues now at 62% of total (up from 56%). Subscription revenues grew 24% to INR 525 crores, with SaaS up 36%. Adjusted PAT was INR 334 crores (excluding INR 42 crores exceptional items) with 21.3% net margins. Q4 revenue was INR 457 crores (5.3% growth) with SaaS up 44% Y-o-Y. Geographically, U.S. grew 17% and APAC 14%, while India and EMEA faced headwinds from slower large deal closures and geopolitical uncertainty. Order book grew 13% Y-o-Y with deferred revenue increasing to INR 300 crores. Management noted headcount optimization of ~7% due to AI-driven efficiency and expects margin stability or expansion if growth reaches high teens.
The company is navigating demand uncertainty in India and Middle East while successfully pivoting to subscription-led revenues. Strong cash generation (INR 302 crores operating cash flow) and improving annuity mix provide revenue visibility, but large deal delays continue to pressure near-term growth.