We hereby enclosed transcript of conference call held on 02nd May 2025.
Awaiting price reaction for this filing.
Newgen Software Technologies reported FY25 revenue of INR 1,487 crores, up 20% YoY, with profit after tax of INR 315 crores (21% margin). Q4 was its first-ever INR 400+ crore quarter at INR 430 crores (15% YoY), while license revenue grew a strong 41% YoY and 62 new logos were added. The order book stood at INR 1,664 crores (up ~10% YoY) with the unexecuted portion expected to grow over 20%. Management highlighted AI-led products (LumYn, Harper, Marvin), APAC growing 59% YoY, and US turning around with 10 large deals in Q4. A dividend of INR 5 per share was declared and the new tax base has shifted to ~23% due to reduced SEZ benefits.
Steady growth story with strong order pipeline and improving US presence; near-term watch is annuity revenue recovery in H2 FY26. Margin expansion is tied to maintaining growth above 20%, so any slowdown could pressure profitability, but the unexecuted order book provides good visibility.