Newgen Software Tech

₹983.7 38.2 | 4%

WEBSITE BSE:540900 NSE : NEWGEN 10 May, 16:01

Market Cap ₹13800 Cr.

Stock P/E 54.6

P/B 11.3

Current Price ₹983.7

Book Value ₹ 87.2

Face Value 10

52W High ₹1057.9

Dividend Yield 0.41%

52W Low ₹ 281

Edit Ratio

Newgen Software Tech Research see more...

Newgen Software Technologies Ltd

EQUITY RESEARCH REPORT: NEWGEN SOFTWARE

Overview Inc. Year: 1992Industry: IT - Software

Newgen Software Technologies Ltd, a software organization, offers software merchandise and solutions in India, Europe, the Middle East, Africa, the Asia Pacific, and America. The organization offers corporation content management software, which manages the end-to-end lifecycle of corporation content from origination to disposition; enterprise system management software program to streamline corporation-wide workflows with technique automation suite; and customer communication control software delivers communications by tapping diverse cross-sell/up-sell possibilities across touch factors, which includes e mail, SMS, web, and print. It serves numerous industries, which comprises financial establishments, coverage, healthcare, authorities, telecom, shared services, business process outsourcing, and different industries. The enterprise was founded in 1992 and is based in New Delhi, India.

Newgen Software Tech Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Newgen Software Tech Quarterly Results

#(Fig in Cr.)	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Net Sales	203	231	188	226	255	305	252	293	324	375
Other Income	7	5	10	7	9	8	13	9	11	15
Total Income	210	237	198	233	264	313	264	303	335	390
Total Expenditure	145	164	169	189	196	209	220	236	247	253
Operating Profit	65	73	29	44	68	104	45	67	88	138
Interest	1	2	1	1	1	1	1	1	1	1
Depreciation	4	5	6	6	6	7	7	7	7	7
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	60	66	23	37	61	96	37	59	80	129
Provision for Tax	12	9	4	7	14	16	6	11	12	24
Profit After Tax	48	57	19	30	47	80	30	48	68	105
Adjustments	0	0	0	-0	0	0	-0	0	0	0
Profit After Adjustments	48	57	19	30	47	80	30	48	68	105
Adjusted Earnings Per Share	3.4	4.1	1.4	2.2	3.4	5.7	2.2	3.4	4.9	7.5

Newgen Software Tech Profit & Loss

#(Fig in Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	310	347	427	512	621	661	673	779	974	1244
Other Income	8	3	8	8	20	21	15	30	34	48
Total Income	318	350	435	520	641	682	688	809	1008	1292
Total Expenditure	251	307	357	415	493	556	481	584	762	956
Operating Profit	67	43	78	105	148	126	207	225	246	338
Interest	2	3	5	5	9	11	6	3	4	4
Depreciation	4	4	5	6	6	20	20	18	25	28
Exceptional Income / Expenses	6	0	0	0	0	0	0	0	0	0
Profit Before Tax	66	35	68	94	134	95	181	203	217	305
Provision for Tax	13	6	17	21	31	22	55	39	41	53
Profit After Tax	53	29	51	73	102	73	126	164	176	251
Adjustments	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	53	29	51	73	102	73	126	164	176	251
Adjusted Earnings Per Share	4.9	2.6	4	5.4	7.5	5.3	9.1	11.8	12.7	18

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	25%	14%	14%	0%
Operating Profit CAGR	9%	25%	19%	0%
PAT CAGR	7%	34%	19%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	250%	82%	43%	NA%
ROE Average	20%	21%	20%	21%
ROCE Average	25%	27%	25%	24%

Newgen Software Tech Balance Sheet

#(Fig in Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	201	224	250	405	497	549	666	811	977
Minority's Interest	0	0	0	0	0	0	0	0	0
Borrowings	0	0	16	13	0	0	0	4	2
Other Non-Current Liabilities	3	16	-9	84	126	144	77	177	221
Total Current Liabilities	127	156	147	174	216	276	212	265	320
Total Liabilities	331	396	404	676	839	968	955	1258	1520
Fixed Assets	23	57	62	68	69	130	205	230	245
Other Non-Current Assets	14	20	25	128	216	235	101	255	425
Total Current Assets	294	319	317	480	554	603	649	773	851
Total Assets	331	396	404	676	839	968	955	1258	1520

Newgen Software Tech Cash Flow

#(Fig in Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	24	19	24	35	145	158	100	72	104
Cash Flow from Operating Activities	9	11	36	60	102	90	216	143	136
Cash Flow from Investing Activities	-9	-6	-4	-18	-85	-104	-143	-81	-94
Cash Flow from Financing Activities	-5	-0	-21	68	-5	-47	-102	-32	-44
Net Cash Inflow / Outflow	-5	5	12	110	12	-61	-30	30	-2
Closing Cash & Cash Equivalent	19	24	35	145	158	100	72	104	108

Newgen Software Tech Ratios

#	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	4.85	2.62	4.04	5.37	7.47	5.26	9.12	11.81	12.65
CEPS(Rs)	5.41	3.13	4.51	5.8	7.9	6.7	10.58	13.07	14.42
DPS(Rs)	1.5	1	1.5	2	3	2	3.5	4.5	5
Book NAV/Share(Rs)	18.05	20.2	19.77	29.39	35.75	39.44	47.78	57.79	68.58
Core EBITDA Margin(%)	18.97	11.46	16.44	19.03	20.58	15.83	28.53	24.99	21.79
EBIT Margin(%)	21.94	11.03	17.23	19.39	22.9	15.99	27.77	26.57	22.75
Pre Tax Margin(%)	21.35	10.02	16	18.37	21.52	14.34	26.93	26.12	22.31
PAT Margin (%)	17.02	8.28	12.02	14.22	16.47	11.01	18.8	21.08	18.1
Cash Profit Margin (%)	18.43	9.54	13.17	15.36	17.43	14.02	21.8	23.34	20.63
ROA(%)	15.96	7.91	12.84	13.5	13.49	8.05	13.15	14.84	12.69
ROE(%)	27.69	14.23	22.34	22.59	23.01	14.06	20.95	22.4	20.04
ROCE(%)	27.7	14.49	24.36	25.08	27.45	17.79	28.98	27.9	24.63
Receivable days	207.33	200.81	173.09	150.15	139.59	144.2	137.82	121.22	124.99
Inventory Days	0	0	0	0	0	0	0	0	0
Payable days	0	0	0	0	0	0	0	0	0
PER(x)	0	0	0	21.58	22.03	9.75	15.52	19.73	17.81
Price/Book(x)	0	0	0	3.94	4.6	1.3	2.96	4.03	3.29
Dividend Yield(%)	0	0	0	0.86	0.91	1.95	1.24	0.97	1.11
EV/Net Sales(x)	0.29	0.28	0.23	2.91	3.45	0.94	2.56	3.81	3.01
EV/Core EBITDA(x)	1.34	2.31	1.26	14.2	14.45	4.93	8.32	13.22	11.92
Net Sales Growth(%)	0	11.88	23.15	19.98	21.12	6.46	1.8	15.81	25.04
EBIT Growth(%)	0	-43.76	92.34	35.02	43.07	-25.66	76.8	10.79	7.05
PAT Growth(%)	0	-45.53	78.67	42	40.23	-28.84	73.9	29.83	7.34
EPS Growth(%)	0	-45.94	53.89	33.03	39.06	-29.49	73.35	29.4	7.16
Debt/Equity(x)	0.22	0.26	0.29	0.16	0.14	0.14	0	0.01	0
Current Ratio(x)	2.31	2.05	2.16	2.76	2.56	2.19	3.06	2.91	2.66
Quick Ratio(x)	2.31	2.05	2.16	2.76	2.56	2.19	3.06	2.91	2.66
Interest Cover(x)	37.33	10.96	14	19.08	16.64	9.68	33.2	59.27	52.11
Total Debt/Mcap(x)	0	0	0	0.04	0.03	0.1	0	0	0

Newgen Software Tech Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	55.16	55.16	55.16	55.16	55.16	55.16	55.16	55.16	55.07	55.01
FII	17.48	15.71	14.75	15.62	13.18	13.99	15.34	15.92	15.22	16.4
DII	7.62	7.48	6.8	6.07	8.05	8.18	8.22	9.23	9.73	9.71
Public	19.75	21.65	23.29	23.15	23.61	22.68	21.28	19.69	19.98	18.88
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	3.86	3.86	3.86	3.86	3.86	3.86	3.86	3.86	3.86	7.72
FII	1.22	1.1	1.03	1.09	0.92	0.98	1.07	1.11	1.07	2.3
DII	0.53	0.52	0.48	0.42	0.56	0.57	0.58	0.65	0.68	1.36
Public	1.38	1.51	1.63	1.62	1.65	1.59	1.49	1.38	1.4	2.65
Others	0	0	0	0	0	0	0	0	0	0
Total	7	7	7	7	7	7	7	7	7.01	14.03

Pros

Company has a good return on equity (ROE) track record: 3 Years ROE 21%
Company has reduced debt.
Company is almost debt free.

Cons

Stock is trading at 11.3 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.