India · Delayed Price · Currency is INR Newgen Software Technologies Earnings Call Transcripts
Fiscal Year 2027
-
Q1 FY 2027 saw 11% YoY revenue growth, strong annuity and SaaS momentum, and margin expansion to 15.7%. Leadership transitions and AI-led product innovation position the company for continued double-digit growth, with large deal wins and a healthy pipeline across geographies.
Fiscal Year 2026
-
FY 2026 saw 6% revenue growth, strong SaaS and annuity expansion, and robust cash flows. US and APAC led growth, while India and EMEA faced deal delays. Management remains optimistic for FY 2027, with a focus on innovation, operational efficiency, and expanding recurring revenues.
-
Revenue grew 7% year-over-year for the nine months, with strong subscription and annuity growth, especially in the U.S., U.K., and Australia. Large deal closures are delayed due to AI-led uncertainty, but the pipeline remains robust and margins are supported by productivity gains and prudent cost management.
-
Q2 FY26 saw 11% YoY revenue growth to INR 401 crore, with strong gains in the U.S. and APAC and 20% YoY growth in subscription revenue. Profit after tax reached INR 82 crore (20.4% margin), and large deals were secured across multiple geographies. AI investments and mature market expansion are driving future momentum.
-
Q1 FY26 saw muted growth due to global uncertainties, with revenue at INR 321 crores and net margin of 15.5%. Subscription revenues grew 19% YoY, while deal closures slowed, especially for large banking projects. Management expects improvement in H2 as AI investments and a strong funnel support future growth.
Fiscal Year 2025
-
FY25 revenue grew 20% to INR 1,487 crore, with strong license and implementation growth, while annuity revenues faced temporary delays. APAC and US regions led expansion, and new AI products and marquee deals position the company for continued 20%+ growth.
-
Q3 FY25 saw 18% revenue growth and 30% profit growth, led by strong license sales and broad-based deal wins. Banking, insurance, and government segments are driving momentum, with 90% of bookings expected to convert to revenue in FY26.
-
Q2 FY25 saw 23% YoY revenue growth, strong license sales, and robust performance in APAC, EMEA, and India. Profit after tax rose 47% YoY, with annuity growth temporarily softer due to longer execution cycles. Insurance and government segments are expected to drive future growth.
-
Q1 FY25 saw 25% revenue growth year-over-year to INR 315 crores, with PAT up 58% and strong regional performance, especially in APAC. Annuity revenues comprised 60% of the mix, and new product launches and strategic partnerships are set to drive future growth.