Newgen Software Technologies Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Newgen reported Q1 FY'27 revenue from operations of INR357 crores, up 11% year-on-year, with annuity revenue growing 14% and SaaS and license subscription revenue growing 40%. EBITDA margin adjusted for other income was around 15.7% and profit after tax grew 26% year-on-year to INR63 crores. Management announced a leadership transition with Tarun Nandwani appointed as CEO effective August 1, 2026, replacing Virender Jeet, and Pramod appointed to a newly created Chief Growth Officer role.
Newgen reported FY'26 revenue growth of 6% year-on-year to Rs 1,574 crore, with subscription revenues growing 24% and annuity revenue reaching 62% of total revenue, up from 56% in FY'25. Management said profit after tax was affected by exceptional items related to new Labour Codes and a legal provision, with adjusted PAT at Rs 334 crore. The company also described weaker large-deal closures in India and EMEA, attributed partly to geopolitical uncertainty in West Asia, alongside continued growth in the U.S. and APAC geographies.