Newgen Software Technologies (NEWGEN) Q4 24/25 earnings summary

Executive summary

• Achieved FY25 revenue of INR 1,48,687.92 lakhs (INR 1,487 crore), up 20% year-over-year, with strong growth in license (41%) and implementation (25%) revenues.

• Profit after tax rose 25% year-over-year to INR 31,524.24 lakhs (INR 315 crore), representing 21% of revenue.

• Added 62 new customer logos and increased customers with billing over INR 50 million from 65 to 87.

• Launched AI-driven products (Lumen, Harper, Marwin) and recognized as a leader in Forrester Wave for content platforms.

• Board approved a dividend of INR 5 per equity share for FY25, subject to AGM approval.

Financial highlights

• Q4 FY25 revenue reached INR 4,299 million (INR 430 crore), up 15% year-over-year; Q4 profit after tax was INR 1,083 million (INR 108 crore).

• EBITDA for FY25 was INR 3,762 million, up 31% year-over-year; EBITDA margin expanded to 25.3%.

• Annuity revenues contributed 56% of total, reaching INR 8,337 million.

• Net cash from operating activities was INR 21,497.67 lakhs (INR 215 crore); net worth: INR 15,164 million.

• Basic EPS for FY25 was INR 22.53, up from INR 18.02 in FY24.

Outlook and guidance

• Management expects annuity revenue growth to recover in the next two quarters as delayed deals go live.

• Confident in maintaining growth momentum, targeting 20%+ growth for FY26, with SaaS and US market as key drivers.

• Dividend of INR 5 per share recommended for FY25, pending AGM approval.

• No qualifications in auditor's reports; financials prepared in compliance with Ind AS and SEBI guidelines.

• Emphasis on mission-critical solutions across banking, insurance, and government verticals.