Newgen Software Technologies Ltd

Newgen Software Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Newgen Software Technologies Ltd

₹ 1,082 -1.82%
22 Nov - close price
newgensoft.com BSE: 540900 NSE: NEWGEN
About

Newgen Software Technologies is a global software Company and is engaged in the business of software product development including designing and delivering end-to-end software solutions covering the entire spectrum of software services from workflow automation to Document management to imaging.

Key Points

Revenue Streams
1. Annuity-based revenue: The Co. receives recurring fees/charges from the following:
a. SaaS: subscription fees for licenses in relation to platform deployed on cloud; on-premise subscription
b. ATS/AMC: charges for annual technical support and maintenance (including updates) of licenses, and installation [1]
c. Support: charges for support and development services
2. Sale of software products: one-time upfront license fees in relation to the platform deployed on-premise
3. Sale of services: milestone-based charges for implementation and development, and charges for scanning services [2]
As of FY24, company has 17 verticals including majors like Banking & FS, Insurance, Government.[3]

Website BSE NSE
  • Market Cap ₹ 15,175 Cr.
  • Current Price ₹ 1,082
  • High / Low ₹ 1,548 / 626
  • Stock P/E 55.2
  • Book Value ₹ 86.2
  • Dividend Yield 0.37 %
  • ROCE 26.6 %
  • ROE 22.7 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 19.6% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 21.4%

Cons

  • Stock is trading at 12.6 times its book value

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: IT - Software Industry: Computers - Software - Medium / Small

Part of BSE Allcap Nifty Total Market Nifty Smallcap 250 Nifty 500 Multicap 50:25:25 BSE Information Technology

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
169 186 211 168 202 235 283 224 264 299 350 283 331
127 131 147 150 169 179 191 196 212 227 232 242 255
Operating Profit 43 55 64 18 33 56 92 28 52 72 118 41 76
OPM % 25% 30% 30% 10% 16% 24% 32% 12% 20% 24% 34% 15% 23%
7 7 6 10 7 9 7 12 8 11 14 22 19
Interest 1 1 1 1 1 1 1 1 1 1 1 1 1
Depreciation 4 4 4 4 6 6 6 6 6 6 7 7 7
Profit before tax 45 57 64 22 33 59 92 32 53 76 124 55 87
Tax % 23% 20% 12% 15% 19% 22% 16% 15% 18% 14% 18% 23% 24%
35 46 56 19 27 46 77 27 44 65 101 42 66
EPS in Rs 2.48 3.26 4.01 1.35 1.93 3.27 5.51 1.94 3.12 4.66 7.22 3.02 4.70
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
190 234 279 313 383 460 552 577 610 711 888 1,136 1,263
151 192 226 274 318 365 433 484 431 529 690 867 956
Operating Profit 40 42 53 38 65 94 119 94 180 181 198 269 307
OPM % 21% 18% 19% 12% 17% 21% 22% 16% 29% 26% 22% 24% 24%
9 13 9 3 8 8 20 21 14 30 33 46 66
Interest 1 1 2 3 5 5 8 11 5 3 4 4 4
Depreciation 4 3 4 4 5 6 6 18 19 15 23 26 28
Profit before tax 44 51 55 34 63 91 125 86 170 193 204 284 341
Tax % 17% 17% 22% 17% 24% 22% 23% 23% 31% 19% 18% 17%
36 42 43 28 48 71 96 66 118 156 168 237 275
EPS in Rs 20.54 23.87 3.96 2.56 3.73 5.10 6.88 4.71 8.40 11.14 12.00 16.92 19.60
Dividend Payout % 5% 10% 15% 29% 20% 19% 21% 21% 21% 20% 21% 24%
Compounded Sales Growth
10 Years: 17%
5 Years: 16%
3 Years: 23%
TTM: 26%
Compounded Profit Growth
10 Years: 20%
5 Years: 20%
3 Years: 26%
TTM: 42%
Stock Price CAGR
10 Years: %
5 Years: 63%
3 Years: 56%
1 Year: 69%
Return on Equity
10 Years: 20%
5 Years: 20%
3 Years: 22%
Last Year: 23%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 8 8 53 53 62 68 68 69 69 70 70 140 140
Reserves 111 167 148 165 185 332 416 458 564 699 853 1,008 1,070
1 41 55 69 68 63 68 108 16 23 39 42 37
38 49 62 92 98 125 157 171 194 215 259 324 319
Total Liabilities 159 265 318 379 414 587 709 806 843 1,008 1,221 1,513 1,566
18 19 22 56 61 68 68 127 200 206 240 241 238
CWIP 3 3 5 6 11 17 83 91 0 0 0 3 0
Investments 8 63 67 52 58 59 61 90 97 120 155 394 424
130 181 224 265 284 444 497 498 546 681 826 876 904
Total Assets 159 265 318 379 414 587 709 806 843 1,008 1,221 1,513 1,566

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
11 11 33 57 89 78 215 137 93 264
-9 -6 -5 -18 -85 -108 -143 -82 -58 -216
-5 -0 -21 68 -5 -45 -101 -30 -42 -45
Net Cash Flow -4 5 7 107 -2 -76 -29 25 -7 3

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 193 210 227 227 177 162 157 151 105 97 128 101
Inventory Days
Days Payable
Cash Conversion Cycle 193 210 227 227 177 162 157 151 105 97 128 101
Working Capital Days 143 154 170 174 129 124 120 114 69 74 94 72
ROCE % 38% 27% 24% 14% 21% 25% 26% 16% 27% 27% 24% 27%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
55.16% 55.16% 55.16% 55.16% 55.16% 55.16% 55.16% 55.16% 55.07% 55.01% 54.30% 54.30%
17.48% 15.71% 14.75% 15.62% 13.18% 13.99% 15.34% 15.92% 15.22% 16.41% 17.85% 19.97%
7.61% 7.48% 6.80% 6.06% 8.05% 8.18% 8.22% 9.23% 9.73% 9.71% 9.96% 8.93%
19.09% 21.06% 22.78% 22.67% 23.16% 22.25% 20.90% 19.37% 19.54% 18.53% 17.59% 16.52%
0.66% 0.59% 0.51% 0.49% 0.45% 0.43% 0.38% 0.31% 0.43% 0.37% 0.30% 0.26%
No. of Shareholders 78,21597,5231,03,6281,04,8041,00,07194,78687,57989,18199,3061,13,5941,11,1351,12,542

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Credit ratings

Concalls