Newgen Software Technologies Ltd
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.
- Market Cap ₹ 11,189 Cr.
- Current Price ₹ 798
- High / Low ₹ 901 / 245
- Stock P/E 52.7
- Book Value ₹ 69.1
- Dividend Yield 0.33 %
- ROCE 24.0 %
- ROE 20.0 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 19.2% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 20.4%
Cons
- Stock is trading at 11.6 times its book value
- Promoter holding has decreased over last 3 years: -10.7%
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
139 | 190 | 234 | 279 | 313 | 383 | 460 | 552 | 577 | 610 | 711 | 888 | 1,070 | |
119 | 151 | 192 | 226 | 274 | 318 | 365 | 433 | 484 | 431 | 529 | 691 | 827 | |
Operating Profit | 20 | 40 | 42 | 53 | 38 | 65 | 94 | 119 | 94 | 180 | 181 | 197 | 243 |
OPM % | 15% | 21% | 18% | 19% | 12% | 17% | 21% | 22% | 16% | 29% | 26% | 22% | 23% |
4 | 9 | 13 | 9 | 3 | 8 | 8 | 20 | 21 | 14 | 30 | 33 | 39 | |
Interest | 1 | 1 | 1 | 2 | 3 | 5 | 5 | 8 | 11 | 5 | 3 | 4 | 4 |
Depreciation | 3 | 4 | 3 | 4 | 4 | 5 | 6 | 6 | 18 | 19 | 15 | 19 | 24 |
Profit before tax | 20 | 44 | 51 | 55 | 34 | 63 | 91 | 125 | 86 | 170 | 193 | 207 | 253 |
Tax % | 31% | 17% | 17% | 22% | 17% | 24% | 22% | 23% | 23% | 31% | 19% | 18% | |
14 | 36 | 42 | 43 | 28 | 48 | 71 | 96 | 66 | 118 | 156 | 170 | 212 | |
EPS in Rs | 7.94 | 20.54 | 23.87 | 3.96 | 2.56 | 3.73 | 5.10 | 6.88 | 4.71 | 8.40 | 11.14 | 12.14 | 15.18 |
Dividend Payout % | 13% | 5% | 10% | 15% | 29% | 20% | 19% | 21% | 21% | 21% | 20% | 20% |
Compounded Sales Growth | |
---|---|
10 Years: | 17% |
5 Years: | 14% |
3 Years: | 15% |
TTM: | 31% |
Compounded Profit Growth | |
---|---|
10 Years: | 18% |
5 Years: | 19% |
3 Years: | 37% |
TTM: | 44% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 35% |
3 Years: | 68% |
1 Year: | 204% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 20% |
3 Years: | 21% |
Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 8 | 8 | 53 | 53 | 62 | 68 | 68 | 69 | 69 | 70 | 70 | 70 |
Reserves | 76 | 111 | 167 | 148 | 165 | 185 | 332 | 416 | 458 | 564 | 699 | 851 | 898 |
Preference Capital | 1 | 1 | 2 | 10 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
7 | 0 | 39 | 45 | 59 | 68 | 63 | 68 | 108 | 16 | 23 | 37 | 36 | |
37 | 39 | 50 | 72 | 103 | 98 | 125 | 157 | 171 | 194 | 215 | 259 | 242 | |
Total Liabilities | 129 | 159 | 265 | 318 | 379 | 414 | 587 | 709 | 806 | 843 | 1,008 | 1,216 | 1,246 |
14 | 18 | 19 | 22 | 56 | 61 | 68 | 68 | 127 | 200 | 206 | 222 | 227 | |
CWIP | 3 | 3 | 3 | 5 | 6 | 11 | 17 | 83 | 91 | 0 | 0 | 0 | 3 |
Investments | 6 | 8 | 63 | 67 | 52 | 58 | 59 | 61 | 90 | 97 | 120 | 168 | 256 |
106 | 130 | 181 | 224 | 265 | 284 | 444 | 497 | 498 | 546 | 681 | 826 | 760 | |
Total Assets | 129 | 159 | 265 | 318 | 379 | 414 | 587 | 709 | 806 | 843 | 1,008 | 1,216 | 1,246 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
11 | 11 | 33 | 57 | 89 | 78 | 215 | 137 | 93 | ||||
-9 | -6 | -5 | -18 | -85 | -108 | -143 | -82 | -58 | ||||
-5 | -0 | -21 | 68 | -5 | -45 | -101 | -30 | -42 | ||||
Net Cash Flow | -4 | 5 | 7 | 107 | -2 | -76 | -29 | 25 | -8 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 231 | 193 | 210 | 227 | 227 | 177 | 162 | 157 | 151 | 105 | 97 | 128 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 231 | 193 | 210 | 227 | 227 | 177 | 162 | 157 | 151 | 105 | 97 | 128 |
Working Capital Days | 173 | 143 | 154 | 170 | 174 | 129 | 124 | 120 | 114 | 69 | 74 | 96 |
ROCE % | 26% | 38% | 27% | 24% | 14% | 21% | 25% | 26% | 16% | 27% | 27% | 24% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
18h - The Company will be conducting a Conference Call on Tuesday, 30th April 2024 at 04:00 P.M. (IST).
- Board Meeting Intimation for Consider And Approve The Audited Standalone And Consolidated Financial Results Of The Company For The 4Th Quarter And Year Ended 31St March 2024 2d
- Compliance Certificate Pursuant To Regulation 7(3) Of SEBI (LODR) Regulations, 2015 15 Apr
- Compliance Certificate Pursuant To Regulation 40(9) Of SEBI LODR, 2015 13 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
Annual reports
Concalls
-
Jan 2024Transcript PPT REC
-
Oct 2023Transcript PPT
-
Oct 2023TranscriptNotesPPT REC
-
Jul 2023Transcript PPT
-
May 2023Transcript PPT REC
-
Jan 2023Transcript PPT
-
Oct 2022Transcript PPT
-
Jul 2022Transcript PPT
-
May 2022Transcript PPT
-
Jan 2022Transcript PPT
-
Nov 2021Transcript PPT
-
Aug 2021Transcript PPT
-
Jul 2021TranscriptPPT
-
May 2021TranscriptNotesPPT
-
Feb 2021Transcript PPT
-
Nov 2020Transcript PPT
-
Aug 2020Transcript PPT
-
Jun 2020Transcript PPT
-
Feb 2020TranscriptPPT
-
Jan 2020Transcript PPT
-
Nov 2019Transcript PPT
-
Jul 2019Transcript PPT
-
Jun 2019Transcript PPT
-
Feb 2019Transcript PPT
-
Oct 2018Transcript PPT
-
Aug 2018TranscriptNotesPPT
-
Aug 2018Transcript PPT
-
May 2018TranscriptNotesPPT
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]