Newgen Software Technologies Limited — Credit Ratings, 05-06-2025: Credit Rating

Crisil has reaffirmed Newgen Software Technologies Limited’s short-term rating at CRISIL A1 for its total bank facilities of Rs. 96 Cr. This reflects the company’s strong liquidity and stable credit risk profile, supported by solid banking relationships and adequate debt protection metrics. The stable rating indicates Newgen’s strong ability to meet short-term obligations on time, which is likely to keep borrowing costs competitive and sustain investor confidence. The rating remains valid through March 2026, signaling Crisil’s continued positive outlook on Newgen’s credit quality amidst steady financial fundamentals.