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Newgen Software Technologies Limited
6 articles
Newgen Software Technologies Limited concluded fiscal year 2026 with a 6% year-over-year revenue increase, reaching ₹1,574 crore, underpinned by a robust 62% annuity revenue stream and 47 new customer acquisitions. While profit after tax totaled ₹300.58 crore, exceptional items including labor code adjustments and a legal provision in Qatar impacted profitability. Simultaneously, Newgen secured multiple contracts, including a $1.71 million deal in the Philippines and a ₹15.59 crore order from Annapurna Finance, demonstrating continued demand for its loan origination and system implementation services. Investors should monitor the ongoing Qatar legal matter and the impact of new labor codes as Newgen progresses its growth strategy.
Newgen UAE Subsidiary Wins KWD 875K Insurance Contract
Newgen Software's UAE subsidiary accepted a KWD 875,000 contract for core insurance system replacement from a Kuwaiti client.
The contract includes software licenses, implementation services, and five
Newgen Software Wins $1.71M Philippines Contract
Newgen Software received a USD 1.71 million contract for Retail Loan Origination Solution from an overseas entity in Philippines.
The contract has a 5-year execution period with no promoter group inte
Newgen Chairman Nigam Unavailable Over 45 Days
Newgen Software discloses Chairman & MD Diwakar Nigam's unavailability for over 45 days due to pneumonitis-related health issues and hospitalization.
Disclosure made under SEBI LODR Regulation 30 as N
Newgen Wins ₹15.59 Crore Annapurna Finance Contract
Newgen Software discloses a ₹15.59 crore purchase order from Annapurna Finance for a loan system implementation and maintenance project.
The contract is domestic, has a 5-year execution period, and in
Newgen Software 34th AGM Notice and Final Dividend
Newgen Software dispatched physical letters to shareholders without registered email addresses to provide access to the FY25-26 Annual Report.
The 34th Annual General Meeting is scheduled for July 24,
Newgen Software FY26 Revenue Rises 6% to ₹1,574 Crore
Newgen Software reported FY26 revenue of ₹1,574 crore with 6% YoY growth and PAT of ₹300.58 crore, while declaring a final dividend of ₹6 per share.
The company will hold its 34th AGM on July 24, 2026