Newgen Software Technologies Limited has informed the Exchange regarding a press release dated April 30, 2026, titled "Press Release on Financial Results for the 4th quarter and year ended 31st March 2026".
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Newgen Software reported FY'26 consolidated revenue of Rs 1,574 crore, up 6% YoY from Rs 1,487 crore in FY'25. PAT (excluding exceptional items) stood at Rs 334 crore with a 21.2% margin, up 6% YoY. Key growth drivers include subscription revenue of Rs 525 crore (24% YoY), with SaaS component growing 36% YoY. Annuity revenues reached Rs 968 crore, up 16% YoY. Q4 FY'26 revenue was Rs 453 crore (up 5.3% YoY) with PAT of Rs 113 crore and 24.9% margin. The company onboarded 47 new logos and grew its high-value customer base (Rs 5 crore+ billing) from 87 to 101 customers. US geography revenue grew 17% YoY and APAC grew 14% YoY. Post exceptional items, PAT was Rs 301 crore for FY'26.
Steady but modest 6% revenue and PAT growth reflects solid execution with improving revenue mix toward SaaS and subscription. The strong SaaS and annuity growth signals a structural shift toward recurring revenue, which is positive for long-term valuation, though overall growth rate remains below high-growth tech benchmarks.