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Newgen Software Technologies (NEWGEN) had a P/E of 25.2× on 6 Nov 2026, above the industry P/E of 25.1×, and the shares are 56% below their 52-week high. It earns ROCE of 21% and ROE of 18%, and sales and net profit grew 17% and 19% a year over 3 years. It has almost no debt, and its dividend yield is 1.4%. It is a small-cap company with a market cap of ₹6,229 Cr, ranked 8th of 25 Software (Infrastructure) companies by market cap; the shares fell 54% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹454.05
Day high
₹457.05
Day low
₹435.50
Prev. close
₹451.20
Volume
7.9 L

Health check

1 good · 2 fair · 3 to check
  • ReturnsBehind

    −53.6% over a year, better than 0 of 7 peers.

  • Price tagIn line

    P/E 25.2 vs industry 25.1.

  • GrowthSteady

    Sales +17.4%, profit +19.3% a year over 3 years.

  • ProfitabilityStrong

    ROCE 20.7% vs peer median 8.9%.

  • Balance sheetStretched

    Practically debt-free, Piotroski 2 of 9.

  • Red flags1 to check

    56% below its 52-week high.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Software - Infrastructure

24 listed peers. Screen the industry

Small cap

₹6,229 Cr, #8 of 25 in its industry by size.

Defensive

Beta 0.56 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹1,610 Cr · profit ₹314 Cr
Market cap
₹6,229 Cr
Small cap
P/E
25.2
Industry 25.1
Price to book
3.50
Peers 5.54
Dividend yield
1.36%
ROE
18.3%
Peers 9.4%
ROCE
20.7%
Peers 8.9%
Debt to equity
0.02
Debt ₹39 Cr
EPS (TTM)
₹17.48
Face value ₹10
OPM (TTM)
25.9%
Net margin 19.5%
Sales growth
+11.2%
Latest quarter vs a year ago
Profit growth
+27.8%
Latest quarter vs a year ago
Price to sales
3.87
EV/EBITDA 12.7

Strengths and risks

Strengths

  • Return on equity of 18.3%.
  • Return on capital employed of 20.7%.
  • Practically debt-free.
  • Quarterly profit up 27.8% on a year ago.
  • Positive operating cash flow in each of the last 4 years.

Risks to check

  • 56% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Newgen Software Technologies

Newgen Software Technologies Limited, a software company, engages in the business of software product development in India, Europe, the Middle East, Africa, the Asia Pacific, Australia, and the United States. It designs and delivers software solutions, including workflow automation, document management, and imaging. The company also offers the NewgenONE platform that include agentic AI, AI and data science, intelligent process automation, content services…

Headquarters
New Delhi
Employees
3,788
Sector
Technology
ISIN
INE619B01017
Website
newgensoft.com

Price range

52 weeks

₹401.05₹995.50

Today

₹435.50₹457.05
Avg volume (3M)
10 L
1-year return
minus 53.6%
From 52-week high
minus 55.7%

Analyst consensus

6 analysts
Strong buyMean target ₹571.00 plus 29.6%

Target range, with today’s price

Low ₹511.00High ₹620.00

Today’s price ₹440.70 is below the lowest analyst target.

Consensus from Yahoo Finance. Not a recommendation.

Peers · Software - Infrastructure

Compare with peersScreen the whole industry
Company
JPLJio Platforms1,406.40minus 0.80%12,95,15840.83.578.9%9.4%32.8%––0.00%minus 0.8%
PAYTMOne 97 Communications1,794.40plus 0.72%1,14,873136.16.943.7%5.3%8.0%1.2%–0.00%plus 40.5%
OFSSOracle Financial Services Software10,215.00plus 0.64%89,01025.011.5743.2%47.4%51.6%10.4%13.5%2.64%plus 21.9%
PINELABSPine Labs162.45plus 0.51%18,759116.93.153.5%3.3%17.1%21.0%–0.00%minus 35.3%
FRACTALFractal Analytics808.85minus 0.07%14,04338.04.0710.4%13.6%16.7%18.4%12.9%0.00%minus 4.5%
E2EE2E Networks487.05minus 4.97%10,00786.85.54−0.5%6.9%70.9%54.8%–0.00%plus 64.6%
MPIMANIPALManipal Payment and Identity Solutions312.80minus 0.81%7,25123.88.7843.4%46.2%24.9%13.7%29.1%0.00%minus 9.4%
NEWGENNewgen Software Technologies440.70minus 2.33%6,22925.23.5020.7%18.3%25.9%17.4%19.3%1.36%minus 53.6%
Median of 7 peers–−0.07%18,75940.85.548.9%9.4%24.9%16.1%13.5%0.00%−0.8%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Dec 25Mar 26Jun 26Sep 26
321400453357422
276294301301313
4510615255.9109
14.0%26.5%33.6%15.7%25.8%
29.4204.336.311.4
1.22.110.90.9
9.19.19.49.29.4
–−35.1−8.3––
64.180.113882.1110
22.4%21.5%22.9%23.5%21.1%
49.762.810662.886.9
3.454.377.514.416.12

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+17.4%
Profit CAGR 3Y
+19.3%
EPS CAGR 3Y
+50.1%
ROE
18.3%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
9741,2441,4871,574
–+27.7%+19.5%+5.9%
7599561,1101,159
215288377415
22.1%23.2%25.3%26.4%
28.13132.528.6
3.43.44.74.5
24.7283336.6
2.416.330.4−15.3
217304402387
18.5%17.3%21.6%22.4%
177252315301
–+42.1%+25.3%minus 4.7%
6.2817.5021.8921.24

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
69.7140140141
9131,0841,3761,636
42.748.553.539.4
320414475626
1,3451,6862,0452,442
229238250233
–2.8–1.1
8.283.894.9–
3407419241,114
7686217771,094
1,3451,6862,0452,442

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
136281215232
−94.3−219−172−162
−44−47.5−68.1−87.4
−215.1−25.2−17.7
−16.8−13.8−23.4−9.8
120268192222
−31.5−35−56.1−70.8

Shareholding pattern

Source: NSE filings
53.5%
promoters
  • Promoters53.45%
  • Public45.85%
  • Employee trusts0.70%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202653.45%45.85%0.00
30 Jun 202653.45%45.81%minus 0.07
31 Mar 202653.52%45.66%0.00
31 Dec 202553.52%45.40%minus 0.24
30 Sep 202553.76%45.54%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you