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    Newgen

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    Subir Bhunia
    Newgen Software Tech is a global software company that develops end-to-end software solutions covering workflow automation, document management, and imaging. It has over 530 active clients in 73 countries and generates revenue through annuity streams like SaaS and AMC as well as product sales and services. The company focuses on boosting annuity revenue, expanding SaaS implementations, and growing its client base in key sectors and geographies.

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    Newgen

    Uploaded by

    Subir Bhunia
    7 views2 pages
    Newgen Software Tech is a global software company that develops end-to-end software solutions covering workflow automation, document management, and imaging. It has over 530 active clients in 73 countries and generates revenue through annuity streams like SaaS and AMC as well as product sales and services. The company focuses on boosting annuity revenue, expanding SaaS implementations, and growing its client base in key sectors and geographies.

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    Newgen

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    Newgen Software Tech is a global software company that develops end-to-end software solutions covering workflow automation, document management, and imaging. It has over 530 active clients in 73 countries and generates revenue through annuity streams like SaaS and AMC as well as product sales and services. The company focuses on boosting annuity revenue, expanding SaaS implementations, and growing its client base in key sectors and geographies.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    7 views2 pages

    Newgen

    Uploaded by

    Subir Bhunia
    Newgen Software Tech is a global software company that develops end-to-end software solutions covering workflow automation, document management, and imaging. It has over 530 active clients in 73 countries and generates revenue through annuity streams like SaaS and AMC as well as product sales and services. The company focuses on boosting annuity revenue, expanding SaaS implementations, and growing its client base in key sectors and geographies.

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    © All Rights Reserved
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    Download as pdf or txt
    of 2

    Thursday, 26 October 2023

    Newgen Software Tech (NEWGEN)


    Target Price:- ₹ 1,600
    Stop loss:- ₹ 1,000
    CMP:- ₹ 1,160 Industry:- Computers - Software & Consulting
    Market Cap:- ₹ 8,093 cr. High Low:- ₹ 1,193 / 300
    Book Value :- ₹ 148 Debt:- ₹ 38.6 cr.
    Promoters Holding :- 55.2% Pledged % :- 0.00%

    Quarterly Results (cr.)


    Category Sep. 2023 Jun. 2023 Mar. 2023 Dec. 2022 Sep. 2022

    Revenue 293 252 305 255 226

    PAT 48 30 79 48 30

    EPS (in ₹) 6.83 4.32 11.23 6.89 4.29

    Annual Results (cr.)

    Category Mar. 2023 Mar. 2022 Mar. 2021 Mar. 2020 Mar. 2019

    Revenue 974 779 673 661 621

    PAT 176 164 126 73 102

    EPS 25.19 23.47 18.07 10.40 14.69

    Balance Sheet (cr.)

    Category Mar. 2023 Mar. 2022 Mar. 2021 Mar. 2020 Mar. 2019

    Reserves 907 742 596 480 428

    Borrowings 43 28 20 111 68

    Other Liabilities 319 264 235 211 177

    Total Liabilities 1,339 1,103 921 871 742

    Fixed Assets 245 230 205 130 69

    Investment 131 92 83 76 52

    Other Assets 963 781 632 574 539

    Total Assets 1,339 1,103 921 871 742

    Share Holding Patterns (%)

    Category Sep. 2023 Jun. 2023 Mar. 2023 Dec. 2022 Sep. 2022

    Promoters 55.16 55.16 55.16 55.16 55.16

    FIIs 15.92 15.34 13.99 13.18 15.62

    DIIs 9.23 8.22 8.18 8.05 6.06

    Public 19.37 20.90 22.25 23.16 22.67

    Visit: www.bullishindia.com
    Thursday, 26 October 2023

    Newgen Software Tech (NEWGEN)


    Target Price:- ₹ 1,600
    Stop loss:- ₹ 1,000
    • About the Company:- Newgen Software Technologies is a global software company that develops software products,
    including creating and providing end-to-end software solutions that cover the whole range of software services, from workflow
    automation to document management to imaging.

    Key Points:-

    • Revenue Streams:
    1. Annuity revenue: The Company obtains recurring fees/charges from the following sources:
    a) SaaS: licence subscription costs for cloud-deployed platforms; on-premise subscription
    b) ATS/AMC: costs for annual technical support and licence maintenance (including upgrades).
    c) Support: fees for development and support services
    2. Software product sales: one-time upfront licence costs with respect to the on-premises platform.
    3. Service sales: installation and development fees depending on milestones, as well as scanning fees.

    • Revenue Mix:-
    o Segment-Wise:
    Sale of Products - 20%, SaaS - 8%, ATS/AMC - 24%, Support - 27%, Implementation of Scanning - 21%
    o Vertical-Wise:
    Banking - 65%, Govt/PSUs - 8%, BPO/IT - 5%, Insurance - 7%, Healthcare - 7%, Others - 8%
    o Geographical Split:
    India - 28%, EMEA - 31%, USA - 27%, APAC (Ex-India) - 14%

    • International Reach:-
    The company has over 530 active clients in 73 countries. It now has a direct presence in seven countries. It has clients in India,
    the United States, Canada, the United Arab Emirates, Saudi Arabia, the United Kingdom, the Philippines, Indonesia, Singapore,
    and Australia, among other places.

    • NewgenONE Platform:
    It's a comprehensive, unified platform that supports native process automation, content services, and communication
    management. Contextual Content Services (ECM), Low Code Process Automation (BPM), and Omnichannel Customer
    Engagement (CCM) are the three primary components of the NewgenONE platform.

    • Patent Portfolio:
    So far, the company has applied for 44 patents. Newgen was granted 5 patents, bringing the total number of patent grants in
    India and the United States to 23 as of March 2022.

    • Acquisition:
    'Number Theory Software Private Limited' was bought by the company during FY22. Through its enterprise AI platform and
    data science skills, it provides Artificial Intelligence ('AI') platforms to diverse organisations. The target company's promoters
    would get a Rs. 7 Cr closing payment from Newgen. Furthermore, the founders would be paid a total of Rs. 7 Cr over a three-
    year period. Newgen would also provide an ICD of Rs. 2.4 crore.

    • Significant Deals:
    ➢ The company took on a medium-sized project for a US-based bank that operates a network of banking locations in several
    US cities. Furthermore, it entered into a Cloud agreement with a system integrator for a global vehicle manufacturing in the
    United States. It is also a winning bidder for an RFP issued by a large public sector bank for the provision of an end-to-end
    digital lending platform solution and services. Over a 5-year period, the total Order Size is Rs 486 Mn.
    ➢ Cloud agreement with a private sector bank in India with 727 branches spread across 16 states and three union territories.
    ➢ A mid-sized project for a renowned Indian private sector bank with a nationwide network of 1,300 banking branches.
    ➢ Additional mining business from UAE’s largest bank.

    • Strategic Focus:
    The Company continues to concentrate on boosting Annuity/Subscription Revenue Streams, particularly expanding SaaS
    implementations. It also intends to increase its market share in key geographies and solutions. Furthermore, it seeks to grow its
    client base in the banking and healthcare sectors in established countries such as the United States and the United Kingdom.

    Visit: www.bullishindia.com

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