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← CockpitCompetitor Analysis › NEWGEN.NS Newgen Software TechnologiesOpen in the cockpit ↗

Newgen Software TechnologiesNEWGEN.NSCompetitor analysis, valuation and peers

India · INR·IT›Packaged Software
Momentum weak 27
Mkt cap
$665M
US dollars, full cap
Free float
41%
of shares outstanding
$/day
$5.07M
20-day average traded
Fwd P/E
16.8×
forward earnings
ROIC−WACC
+21.4 pp
WACC 19.1%
Hurdle
+3 pp
Req g minus delivered
Next earnings
74 days
19 Jan 2027
Close · INR₹440.70
1D-2.3%
1W-0.4%
1M-1.6%
3M-18.8%
6M-12.0%
YTD-47.9%
1Y-54.5%
ATR %4.5%
Beta1.29
52w lowhigh56.7% off high

What Newgen Software Technologies does

Employees: 4,300

Newgen Software Technologies at a glance

Size Newgen Software Technologies (NEWGEN.NS) is an India Information Technology company (Packaged Software) with a market value of $665M, the 738th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹440.70 on 6 Nov 2026.

Performance Over six months the shares fell 12.0%, against -14.4% for the median peer and 0.0% for the India market (cap-weighted) — 10th highest of 21 in its peer set.

Growth Revenue grew 6.5% over the last twelve months (peer median +1.5%); the operating margin is 23.7% (peer median 2.1%).

Valuation It trades at 16.8× forward earnings against a peer median of 17.0× (6th cheapest of 12).

Price implies For today's price to make sense, revenue must grow about 22% a year for seven years (Req g). Recent delivered growth is +19%, so the hurdle is +3 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 21.4 points above its cost of capital (19.1% WACC).

Next results Next results expected around 19 Jan 2027 (exchange calendar; dates can move).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026NEWGEN.NS 87Peer median 87
Six months, rebased to 100: Newgen Software Technologies against the median of its 20 peers (local-currency closes).

Newgen Software Technologies financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹16.3B₹15.7B₹14.9B₹12.4B₹9.74B
Revenue growth—+6%+20%+28%—
Gross profit₹3.86B₹6.99B₹6.50B₹5.27B₹3.92B
EBITDA₹4.23B₹4.21B₹3.82B₹2.92B₹2.18B
Net income₹3.19B₹3.01B₹3.15B₹2.52B₹1.77B
Free cash flown/a₹2.53B₹2.24B₹2.85B₹1.35B
Capital expendituren/a₹97.5M₹234M₹138M₹168M
Total debt₹434M₹394M₹535M₹485M₹427M

Quarterly statements and history in the cockpit →

Newgen Software Technologies competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%-20%0%3009966882073693300271600756SPT300227301491002322ALFASABRPRTHHYQ688023688418600571002919UBINEWGEN.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Newgen Software Technologies is the large dot.

Fundamentals: revenue growth against valuation

-10%0%+10%0×50×100×300996SPTMOMO002322ALFASABRDDIHYQ688023688418NEWGEN.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Newgen Software Technologies is the large dot.

Capital: growth delivered against growth the price implies

0%+10%+20%+30%0%10%20%30%3693SPT301491002322ALFAPRTHHYQ688023002919NEWGEN.NSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Newgen Software Technologies is the large dot.

Newgen Software Technologies competitors and peer comparison

How Newgen Software Technologies compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Newgen Software Technologies against its 20 peers (data as of 6 Nov 2026)
MeasureNEWGEN.NSPeer medianRank in peer set
1-month return-1.6%-2.6%7th highest of 21
6-month return-12.0%-14.4%10th highest of 21
Distance from 52-week high-56.7%-37.1%2nd lowest of 21
Revenue growth (TTM)+6.5%+1.5%10th highest of 21
Operating margin23.7%2.1%4th highest of 21
Forward P/E16.8×17.0×6th cheapest of 12
Growth the price implies (Req g, 7 yrs)21.7%2.9%4th most demanding of 10
Growth delivered (Del g)+18.5%+10.3%4th highest of 10
Hurdle (Req g minus delivered)+3.2 pp-4.7 pp3rd most demanding of 10
ROIC minus cost of capital+21.4 pp-9.1 pp4th highest of 21
EV / EBITDA12.1×8.7×2nd most expensive of 8
Net debt / EBITDA-2.7×0.4×3rd least indebted of 9

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Newgen Software Technologies NEWGEN.NSIndia$665M-12%+6%24%16.8×21.7%+18.5%
Pansoft 300996.SZChina$665M-11%-4%11%46.0×n/an/a
Beijing Deep Glint Technology 688207.SSChina$663M+15%-14%-195%n/an/an/a
AIC 3693.TWOTaiwan$667M-22%-21%8%n/a22.9%+20.2%
Beijing Thunisoft 300271.SZChina$663M-13%+11%-9%n/an/an/a
Inspur Software 600756.SSChina$669M-23%-25%-25%n/an/an/a
Sprout Social SPTUnited States$669M+63%+11%-5%7.0×0.2%+28.0%
Shenzhen Sunshine Laser & Electronics Technology 300227.SZChina$673M-33%+90%-15%n/an/an/a
Hansong (Nanjing) Technology 301491.SZChina$673M-28%+26%10%n/a-1.4%+9.7%
Hello Group Inc. Sponsored ADR MOMOUnited States$654M-26%0%11%5.8×n/an/a
Ningbo Ligong Environment and Energy Technology 002322.SZChina$677M+9%+9%26%11.1×-5.4%-0.8%
Alfa Financial Software ALFA.LUnited Kingdom$651M+4%+8%30%17.0×-2.0%+9.9%
Sabre SABRUnited States$680M-18%-3%14%23.0×n/an/a
Priority Technology PRTHUnited States$650M+18%+9%14%6.7×2.9%+18.7%
DoubleDown Interactive Co., Ltd. Sponsored ADR DDIUnited States$682M+17%+14%38%5.6×n/an/a
Hypoport HYQ.DEGermany$648M-2%-5%6%20.2×22.2%+9.2%
DBAPPSecurity 688023.SSChina$646M-6%+2%-5%115.5×5.6%+10.3%
Genew Technologies 688418.SSChina$688M-49%-12%-22%26.8×n/an/a
Sunyard Technology 600571.SSChina$690M-22%+1%-1%n/an/an/a
Mingchen Health 002919.SZChina$640M-33%+19%-5%n/a27.2%+17.5%
UBISOFT Entertainment UBI.PAFrance$692M-15%-27%-87%n/an/an/a

Questions

Which companies are Newgen Software Technologies's closest peers?
The cockpit's peer set: Pansoft (300996.SZ), Beijing Deep Glint Technology (688207.SS), AIC (3693.TWO), Beijing Thunisoft (300271.SZ), Inspur Software (600756.SS), Sprout Social (SPT), Shenzhen Sunshine Laser & Electronics Technology (300227.SZ), Hansong (Nanjing) Technology (301491.SZ).
Is Newgen Software Technologies expensive compared with its peers?
On forward p/e it trades at 16.8× against a peer median of 17.0×, 6th cheapest of 12 in its peer set. For today's price to make sense, revenue must grow about 22% a year for seven years (Req g). Recent delivered growth is +19%, so the hurdle is +3 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Newgen Software Technologies stock performed?
Over six months to 6 Nov 2026 the shares returned -12.0% against -14.4% for the median peer; over one year -54.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.