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 ₹ 11,302 Cr.
- Current Price ₹ 806
- High / Low ₹ 901 / 247
- Stock P/E 50.2
- Book Value ₹ 73.9
- Dividend Yield 0.31 %
- ROCE 23.7 %
- ROE 19.6 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 19.3% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 19.3%
Cons
- Stock is trading at 10.9 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
308 | 347 | 427 | 512 | 621 | 661 | 673 | 779 | 974 | 1,174 | |
251 | 307 | 357 | 415 | 493 | 556 | 480 | 584 | 762 | 911 | |
Operating Profit | 58 | 39 | 70 | 98 | 128 | 105 | 192 | 195 | 212 | 263 |
OPM % | 19% | 11% | 16% | 19% | 21% | 16% | 29% | 25% | 22% | 22% |
8 | 3 | 8 | 8 | 20 | 21 | 15 | 30 | 34 | 41 | |
Interest | 2 | 4 | 5 | 5 | 9 | 11 | 6 | 3 | 4 | 5 |
Depreciation | 4 | 4 | 5 | 6 | 6 | 20 | 20 | 18 | 25 | 27 |
Profit before tax | 59 | 34 | 68 | 94 | 134 | 95 | 181 | 203 | 217 | 272 |
Tax % | 21% | 19% | 25% | 23% | 23% | 23% | 30% | 19% | 19% | |
46 | 28 | 51 | 73 | 102 | 73 | 126 | 164 | 176 | 225 | |
EPS in Rs | 4.29 | 2.58 | 3.99 | 5.26 | 7.34 | 5.20 | 9.03 | 11.73 | 12.59 | 16.07 |
Dividend Payout % | 14% | 29% | 18% | 19% | 20% | 19% | 19% | 19% | 20% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 14% |
TTM: | 30% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 34% |
TTM: | 46% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 37% |
3 Years: | 70% |
1 Year: | 223% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 21% |
Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 53 | 53 | 62 | 68 | 68 | 69 | 69 | 70 | 70 | 70 |
Reserves | 148 | 166 | 188 | 337 | 428 | 480 | 596 | 742 | 907 | 966 |
Preference Capital | 10 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
45 | 59 | 71 | 66 | 68 | 111 | 20 | 28 | 43 | 39 | |
78 | 111 | 106 | 138 | 177 | 211 | 235 | 264 | 319 | 310 | |
Total Liabilities | 324 | 389 | 427 | 609 | 742 | 871 | 921 | 1,103 | 1,339 | 1,385 |
23 | 57 | 62 | 68 | 69 | 130 | 205 | 230 | 245 | 233 | |
CWIP | 5 | 6 | 11 | 17 | 83 | 91 | 0 | 0 | 0 | 0 |
Investments | 60 | 45 | 49 | 50 | 52 | 76 | 83 | 92 | 131 | 231 |
236 | 281 | 306 | 474 | 539 | 574 | 632 | 781 | 963 | 920 | |
Total Assets | 324 | 389 | 427 | 609 | 742 | 871 | 921 | 1,103 | 1,339 | 1,385 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
9 | 11 | 36 | 60 | 102 | 90 | 216 | 143 | 136 | |
-9 | -6 | -5 | -17 | -85 | -100 | -142 | -79 | -88 | |
-6 | -1 | -21 | 68 | -5 | -47 | -102 | -32 | -44 | |
Net Cash Flow | -6 | 5 | 11 | 111 | 12 | -58 | -28 | 32 | 4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 208 | 216 | 171 | 158 | 149 | 149 | 129 | 131 | 145 |
Inventory Days | |||||||||
Days Payable | |||||||||
Cash Conversion Cycle | 208 | 216 | 171 | 158 | 149 | 149 | 129 | 131 | 145 |
Working Capital Days | 157 | 170 | 119 | 114 | 103 | 96 | 64 | 69 | 76 |
ROCE % | 14% | 22% | 25% | 27% | 17% | 28% | 27% | 24% |
Documents
Announcements
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Intimation Of Schedule Of Road Show.
24m - The Company''s management will participate in a "Non-deal Road Show" on May 2,2024 (Thursday)and May 3, 2024(Friday) in Mumbai.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - 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 22 Apr
- 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
Annual reports
Concalls
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Jan 2024Transcript PPT REC
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Oct 2023Transcript PPT
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Oct 2023TranscriptNotesPPT REC
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Jul 2023Transcript PPT
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May 2023Transcript PPT REC
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Jan 2023Transcript PPT
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Oct 2022Transcript PPT
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Jul 2022Transcript PPT
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May 2022Transcript PPT
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Jan 2022Transcript PPT
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Nov 2021Transcript PPT
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Aug 2021Transcript PPT
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Jul 2021TranscriptPPT
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May 2021TranscriptNotesPPT
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Feb 2021Transcript PPT
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Nov 2020Transcript PPT
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Aug 2020Transcript PPT
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Jun 2020Transcript PPT
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Feb 2020TranscriptPPT
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Jan 2020Transcript PPT
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Nov 2019Transcript PPT
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Jul 2019Transcript PPT
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Jun 2019Transcript PPT
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Feb 2019Transcript PPT
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Oct 2018Transcript PPT
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Aug 2018TranscriptNotesPPT
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Aug 2018Transcript PPT
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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]