NEWGEN SOFTWARE TECH LTD

Newgen Software Technologies Limited held its Q1 FY '27 earnings conference call on July 16, 2026, where management discussed key leadership changes, including the appointment of Tarun Nandwani as CEO effective August 1, 2026. The company reported a revenue of INR 357 crores, reflecting an 11% year-on-year growth, with annuity revenues growing by 14% to INR 254 crores. SaaS and license subscription revenue reached INR 60 crores, growing at 40% year-on-year. The U.S. market showed strong growth at 27% year-on-year. Management noted a decline in implementation revenues due to project delays but expressed optimism for recovery in subsequent quarters. EBITDA stood at INR 56 crores with a margin of 15.7%, and profit after tax was INR 63 crores, up 26% year-on-year. The company emphasized its focus on AI capabilities and disciplined execution to drive future growth.

Management highlighted growth in revenue and profitability while expressing optimism about future performance.