Financial Performance Summary

Revenue Performance:

  • Revenue from operations (consolidated): ₹357 crores in Q1 FY27
  • Comparison: ₹321 crores in Q1 FY26
  • Growth: 11.2% year-over-year (YoY) increase

Profitability Metrics:

  • Profit After Tax (PAT): ₹62 crores in Q1 FY27
  • PAT Growth: 26% year-over-year (YoY) increase
  • PAT Margin: 17.6%

Revenue Breakdown:

  • Annuity revenue streams (ATS/AMC, support, and cloud/SaaS and Subscription license): ₹254 crores
  • Subscription revenues: ₹146 crores (21% Q1 YoY growth)
  • SaaS component: 40% Q1 YoY growth (₹60 crores)

Geographic Performance

  • Americas: Revenue of ₹92 crores (27% YoY growth)
  • APAC: 12% YoY growth
  • EMEA: 10% YoY growth

Business Development Highlights

Customer Acquisition:

  • Added 10 new enterprise customers during the quarter

Strategic Contract Wins:

1. Core Insurance Platform transformation project in Kuwait

  • Value: KWD 875,000 (approximately ₹26.7 crore)
  • Type: Policy Administration System

2. Retail Loan Origination Solution deployment in the Philippines

  • Value: USD 1.71 million (approximately ₹16.2 crore)

3. AI-enabled Loan Origination and Collections System for Annapurna Finance Private Limited (India)

  • Value: ₹15.6 crore
  • Includes implementation and maintenance

4. Enterprise Content Management platform implementation for a leading UK enterprise

  • Value: GBP 1.13 million (approximately ₹14.5 crore)

Industry Recognition

  • Recognized in The Forrester Wave™: Accounts Payable Invoice Automation Software, Q2 2026
  • Recognized in Forrester's 'The Adaptive Process Orchestration Software Landscape, Q2 2026'
  • Recognized in Forrester's 'The AppGen and Low-Code Platforms Landscape, Q2 2026'

Management Commentary

Mr. Diwakar Nigam, Chairman & Managing Director:

  • Emphasized resilient execution and strength of annuity revenue model
  • Highlighted focus on AI-enabled solutions for Orchestrating Intelligent Enterprises
  • Mentioned continued platform strengthening with AI embedded across content, processes, applications, and workflows
  • Noted expansion of enterprise agent orchestration capabilities and industry-specific innovations
  • Stated strategic focus on staying "Ahead of What's Ahead" through early technology investments

Mr. Virender Jeet, Chief Executive Officer:

  • Characterized Q1 as a "healthy start to FY'27"
  • Highlighted SaaS and License Subscription revenue growth of 40% YoY to ₹60 crore
  • Emphasized disciplined execution, customer success, and delivery of innovation
  • Mentioned strategic wins across banking, insurance, and enterprise content management

Company Overview

Newgen Software Technologies Limited focuses on Orchestrating Intelligent Enterprises at scale through its NewgenONE Platform, which unifies content, processes, and communications into an orchestration layer with embedded intelligence, trust, governance, and control.