Newgen Software Technologies Limited — Investor Meet, 08-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Newgen Software Technologies reported FY25 revenue of INR1,487 Cr, up 20% YoY, led by 41% growth in license revenue and 25% in implementation. Annuity revenues were INR834 Cr (56% of total). Q4 revenue rose 15% YoY to over INR430 Cr, with PAT at INR108 Cr. APAC led growth at 59%, while US showed traction in insurance. AI-driven products like LumYn, Harper, and Marvin are key growth drivers. Order book stands at INR1,664 Cr with solid backlog. Banks remain core, with insurance and government segments expanding. Margins hinge on sustaining >17-18% growth; tax rate normalized near 23%. Management is cautiously confident amid macro challenges and is focused on executing large projects in India and Middle East. Elevated DSO from EMEA payments is expected to ease.