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Newgen Software Technologies Ltd

(NEWGEN)

₹1101.8▲0.73%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Newgen Software Technologies Ltd Analyst Rating

based on 5 analysts

BUY

60.00%

Buy

40.00%

Hold

0.00%

Sell

Based on 5 analysts offering long term price targets for Newgen Software Technologies Ltd. An average target of ₹1421

Source: S&P Global Market Intelligence

Newgen Software Technologies Ltd Share analysis

Newgen Software Technologies Ltd price forecast by 5 analysts

Upside of28.04%

High

₹1500

Target

₹1421.00

Low

₹1260

Newgen Software Technologies Ltd target price ₹1421, a slight upside of 28.04% compared to current price of ₹1101.8. According to 5 analysts rating.

Source: S&P Global Market Intelligence

Newgen Software Technologies Ltd Performance

  • Day's Low

    Day's High

    ₹1,078.4
    ₹1,113.1

  • 52 Week's Low

    52 Week's High

    ₹617.5
    ₹1,548
1 Month Return-12.18 %
3 Month Return+ 2.15 %
1 Year Return+ 67.17 %
Previous Close₹1,109.85
Open₹1,109.40
Volume2.41L
Upper Circuit-
Lower Circuit-
Market Cap₹15,570.29Cr

Newgen Software Technologies Ltd Key Statistics

P/E Ratio53.8
PEG Ratio9.07
Market Cap₹15,570.29 Cr
P/B Ratio9.68
EPS18
Dividend Yield0.5
SectorIT - Software
ROE22.93

Newgen Software Technologies Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
Newgen Software Technologies Ltd
Newgen Software Technologies Ltd
BUY₹15,570.29 Cr222.78%0.54₹251 Cr₹1,243 Cr
PFL Infotech Ltd
PFL Infotech Ltd
NA₹2.99 Cr-1.61%0.55NANA
Nucleus Software Exports Ltd
Nucleus Software Exports Ltd
BUY₹2,966.22 Cr52.74%0.52₹191 Cr₹826 Cr
Zaggle Prepaid Ocean Services Ltd
Zaggle Prepaid Ocean Services Ltd
BUY₹5,407.57 Cr35.71%0.57₹44 Cr₹775 Cr
Anka India Ltd
Anka India Ltd
NA₹11.92 Cr-7.31%0.69-₹4 Cr₹1 Cr
See all

Newgen Software Technologies Ltd Mutual Fund Holdings

About Newgen Software Technologies Ltd

Newgen Software Technologies Limited is a software products company providing Business Process Management, Enterprise Content Management, and Customer Communication Management platforms. With over 270 direct sales employees and 300 channel partners, the company works with some of the world's leading organizations, across sectors such as banking, government, BPOs, IT's, insurance, and healthcare. The company has developed platforms that enable customers to rapidly design, build, and implement enterprise-grade custom applications with minimal coding and also offers its products suites on-premise as well as on cloud in the form of subscription. In 2018, the company raised approx. Rs 424.63 cr. in an initial public offering with a subscription 8.17 times the Issue Price, and listed on both BSE and NSE at 3.27% above the Issue Price. The same year, the company released Mobile Medicare Enrolment for the US Health Plans, and received a work order for Document Management System and digitization of Court records in Maharashtra for a total size of Rs 63.93 crores. Recently, the company also received orders from American National Bank of Texas and Credit Union of Colorado for its Account Opening and Loan Origination solutions, and an agreement with Hewlett Packard Enterprise India for the supply of software licenses and related services.

Share Price: ₹1101.80 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹15,570.29Cr as of today
Revenue: ₹361.16Cr as on September 2024 (Q3 24)
Net Profit: ₹70.33Cr as on September 2024 (Q3 24)
Listing date: 29 Jan, 2018
Chairperson Name: Diwakar Nigam
OrganisationNewgen Software Technologies Ltd
HeadquartersNew Delhi
IndustryIT - Software
E-voting on sharesClick here to vote

Key events for Newgen Software Technologies Ltd

  • Newgen Software Experiences Significant Stock Decline - 18 Nov, 2024

    Newgen Software Technologies Ltd faced a notable decline, slipping 5.09% in one day and 6.98% over the past month, despite increased trading volume. The stock dropped 14.34% to Rs 1,057.95.

  • Newgen Software Recommended for Growth Potential - 29 Oct, 2024

    Bonanza Portfolio recommends Newgen Software Technologies for investment, citing its focus on AI and automation. The company aims for US$500 million in revenue over 4-5 years, indicating a strong growth outlook despite a recent decline in stock price.

Insights on Newgen Software Technologies Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, NEWGEN has outperformed top 5 stocks with highest market-cap in Software

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 337.28 Cr → 379.68 Cr (in ₹), with an average increase of 11.2% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 17.84% to 19.98% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 47.57 Cr → 70.33 Cr (in ₹), with an average increase of 32.4% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Oracle Financial Services Software Ltd has given 168.9% return, outperforming this stock by 101.7%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 54.30% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 17.60% to 16.53% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, NEWGEN stock has moved down by -10.1%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 3.85% to 2.95% in Sep 2024 quarter

Newgen Software Technologies Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹293.24Cr (-)₹323.65Cr (↑10.37%)₹375.27Cr (↑15.95%)₹314.72Cr (↓16.14%)₹361.16Cr (↑14.76%)
Net Income₹47.79Cr (-)₹68.35Cr (↑43.02%)₹105.27Cr (↑54.02%)₹47.57Cr (↓54.81%)₹70.33Cr (↑47.85%)
Net Profit Margin16.30% (-)21.12% (↑29.57%)28.05% (↑32.81%)15.12% (↓46.10%)19.47% (↑28.77%)
Value in ₹ crore
Details2021202220232024
Total Assets₹851.05Cr (-)₹1,019.44Cr (↑19.79%)₹1,236.31Cr (↑21.27%)₹1,533.40Cr (↑24.03%)
Total Liabilities₹217.56Cr (-)₹250.49Cr (↑15.14%)₹314.04Cr (↑25.37%)₹385.82Cr (↑22.86%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹77.78Cr (-)₹214.89Cr (↑176.28%)₹136.94Cr (↓36.27%)₹93.23Cr (↓31.92%)₹263.87Cr (↑183.03%)

Index Inclusions

Nifty MidSmallcap 400

₹18,989.75

-0.45 (▲-86.25%)

BSE IT Sector

₹41,542.32

0.36 (▲149.85%)

Nifty 500

₹21,820.85

-0.83 (▲-183.5%)

BSE Small-Cap

₹52,141.15

-0.67 (▲-349.79%)

Nifty Smallcap 250

₹16,747.85

-0.58 (▲-97.4%)

S&P BSE AllCap

₹10,471.31

0.68 (▲71.07%)

Newgen Software Technologies Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
54.3%
0.00
Foreign Institutions
19.98%
11.97
Mutual Funds
2.95%
-23.39
Retail Investors
16.53%
-6.08
Others
6.24%
-2.57

Newgen Software Technologies Ltd Key Indicators

Details20202021202220232024
Book Value Per Share (₹)39.7448.0358.3470.5387.53
Details20202021202220232024
Earning Per Share (₹)5.279.1311.8112.7118
Details20202021202220232024
Return On Equity %13.0420.2722.2519.8622.93
Details20202021202220232024
Return On Assets %8.9714.8616.1114.3216.41

Newgen Software Technologies Ltd Valuation

Newgen Software Technologies Ltd in the last 5 years

  • Overview

  • Trends

Lowest (7.17x)

March 23, 2020

Industry (38.13x)

November 19, 2024

Today (53.80x)

November 19, 2024

Highest (74.34x)

September 27, 2024

LowHigh

Newgen Software Technologies Ltd Earnings and Dividends

  • Newgen Software Technologies Ltd Earnings Results

    Newgen Software Technologies Ltd’s net profit jumped 47.16% since last year same period to ₹70.33Cr in the Q2 2024-2025. On a quarterly growth basis, Newgen Software Technologies Ltd has generated 47.85% jump in its net profits since last 3-months.

    Read More about Earnings Results

  • Newgen Software Technologies Ltd Dividends April,2024

    In the quarter ending March 2024, Newgen Software Technologies Ltd has declared dividend of ₹4 - translating a dividend yield of 0.81%.

    Read More about Dividends

Newgen Software Technologies Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Newgen Software Technologies Ltd is currently in a Bearish trading position according to technical analysis indicators.

More on Technical Analysis

FAQs on Newgen Software Technologies Ltd

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Newgen Software Technologies Ltd (NEWGEN) share price today is ₹1101.8

Newgen Software Technologies Ltd is listed on NSE

Newgen Software Technologies Ltd is listed on BSE

  • Today’s highest price of Newgen Software Technologies Ltd is ₹1113.1.
  • Today’s lowest price of Newgen Software Technologies Ltd is ₹1078.4.

PE Ratio of Newgen Software Technologies Ltd is 53.8

PE ratio = Newgen Software Technologies Ltd Market price per share / Newgen Software Technologies Ltd Earnings per share

Today’s traded volume of Newgen Software Technologies Ltd(NEWGEN) is 2.41L.

Today’s market capitalisation of Newgen Software Technologies Ltd(NEWGEN) is ₹15570.29Cr.

Newgen Software Technologies Ltd(NEWGENPrice
52 Week High
₹1548
52 Week Low
₹617.5

Newgen Software Technologies Ltd(NEWGEN) share price is ₹1101.8. It is down -28.82% from its 52 Week High price of ₹1548

Newgen Software Technologies Ltd(NEWGEN) share price is ₹1101.8. It is up 78.43% from its 52 Week Low price of ₹617.5

Newgen Software Technologies Ltd(NEWGENReturns
1 Day Returns
-8.05%
1 Month Returns
-12.18%
3 Month Returns
2.15%
1 Year Returns
67.17%