Develops and sells enterprise software platforms — content management, process automation, loan origination systems and insurance policy administration systems — to banks, insurers, governments and other large organisations. Earnings come from two models: recurring annuity revenue (subscriptions, support, SaaS licences — 62% of FY26 revenue) and one-time implementation revenue from project deployments. FY26 revenue of ₹1,574.4 cr split across four geographies: EMEA at 31.1%, India at 28.8%, USA at 23.4% and APAC at 16.7%. The largest vertical is BFSI (banking, financial services and insurance); insurance and healthcare together grew 58% YoY in Q1 FY27 to ₹79 cr. Headcount stood at roughly 4,200 and employee cost is the dominant expense at 47.1% of revenue, with other operating expenses at 27.1%. The company carried no debt at FY26 year-end. FY26 added 47 new customers, lifting the count of clients billing above ₹5 cr from 87 to 101. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. EMEA (31%), India (29%), USA (23%), APAC (17%). Asset-light enterprise software with recurring annuity model plus project-based implementation
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 779 | 974 | 1,244 | 1,487 | 1,574 |
| EBITDA (ex other income) | 195 | 212 | 288 | 376 | 362 |
| margin % | 25.0 | 21.8 | 23.2 | 25.3 | 23.0 |
| Owners' profit | 164 | 176 | 252 | 315 | 301 |
| EPS, as reported (₹) | 23.65 | 25.32 | 18.02 | 22.53 | 21.38 |
| ROE % · ROCE % | 20.2 · 23.8 | 18.0 · 21.2 | 20.6 · 23.6 | 20.8 · 25.2 | 16.9 · 20.8 |
| Debt / equity (x) | 0.01 | 0.00 | 0.04 | 0.00 | 0.00 |
| Cash from operations | 143 | 136 | 281 | 215 | 232 |
| Capex | (13) | (17) | (14) | (23) | (10) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 361 | 381 | 430 | 321 | 401 | 400 | 453 | 357 |
| Profit before tax | 93 | 107 | 141 | 64 | 105 | 80 | 138 | 82 |
| Net profit | 70 | 89 | 108 | 50 | 82 | 63 | 106 | 63 |
| EPS (₹) | 5.03 | 6.36 | 7.73 | 3.55 | 5.82 | 4.46 | 7.56 | 4.44 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| India | 453 | 28.8 |
| EMEA | 489 | 31.1 |
| APAC | 263 | 16.7 |
| USA | 369 | 23.4 |
| Total, before eliminations | 1,574 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| TATA CONSULTANCY SERV LT | 7,96,690 | 16.0 | 7.34 | 10.9 | 45.6 | 53.9 | 10.2 | 26.9 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 3 Sept 2026 · CRISIL reaffirms A1 rating on Newgen bank facilities, limit raised to Rs 125 cr | credit debt | medium | — | — |
| 31 Aug 2026 · Newgen Software clarifies BSE query on unusual trading volume | regulatory legal | medium | — | — |
| 31 Aug 2026 · BSE seeks clarification from Newgen Software on volume movement | compliance | minimal | — | — |
| 30 Aug 2026 · Newgen Software clarifies on sudden spike in share trading volume | regulatory legal | medium | — | — |
| 28 Aug 2026 · NSE flags unusual trading volume in Newgen Software, awaits company response | regulatory legal | high | — | — |
| 24 Aug 2026 · Newgen Software to attend Ashwamedh-Elara India Dialogue 2026 | board shareholder meetings | low | — | — |
| 4 Aug 2026 · Newgen to participate in Avendus Spark INDX-Asia investor conference | board shareholder meetings | low | — | — |
| 25 Jul 2026 · Newgen Software AGM 2026: all 5 resolutions approved, Rs 6 dividend cleared | board shareholder meetings | low | — | — |
| 24 Jul 2026 · Newgen Software 34th AGM: Rs 6 dividend approved, FY26 results adopted | board shareholder meetings | low | — | — |
| 21 Jul 2026 · Newgen Q1 FY27 earnings call transcript, new CEO named | investor communications | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| INFOSYS LIMITED |
| 4,20,891 |
| 14.0 |
| 4.51 |
| 8.8 |
| 31.6 |
| 38.6 |
| 12.2 |
| 25.7 |
| HCL TECHNOLOGIES LTD | 3,27,456 | 18.7 | 4.35 | 11.7 | 22.1 | 26.2 | 11.5 | 20.9 |
| WIPRO LTD | 1,65,785 | 13.3 | 1.88 | 7.9 | 15.0 | 17.1 | 8.4 | 22.9 |
| TECH MAHINDRA LIMITED | 1,51,018 | 26.6 | 5.02 | 16.9 | 16.0 | 18.8 | 8.5 | 16.8 |
| LTM LIMITED | 1,27,635 | 24.4 | 5.29 | 15.4 | 20.7 | 24.8 | 27.9 | 20.0 |
| PERSISTENT SYSTEMS LTD | 87,015 | 44.8 | 11.10 | 29.8 | 23.8 | 28.5 | 28.6 | 17.8 |
| COFORGE LIMITED | 81,708 | 37.5 | 8.44 | 29.1 | 18.0 | 17.2 | 28.6 | 18.6 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 22.6 | 16.6 | 43 of 71 | 40% |
| P/B | 4.0 | 2.9 | 38 of 64 | 41% |
| ROCE | 20.5 | 14.2 | 25 of 78 | 69% |
| ROE | 16.9 | 11.5 | 20 of 67 | 71% |
| Debt / Equity | 0.0 | 0.0 | 4 of 68 | 64% |
| EBITDA margin | 25.8 | 18.4 | 13 of 65 | 81% |
| Revenue growth | 11.2 | 10.6 | 30 of 63 | 53% |
| Profit growth | 26.4 | 6.7 | 18 of 62 | 72% |
| Market cap | 7114 | 475 | 20 of 75 | 74% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
