Q2 2026 Newgen Software Technologies Ltd Earnings Call Transcript
Key Points
- Newgen Software Technologies Ltd (NSE:NEWGEN) reported a strong quarter with revenues of INR401 crores, marking an 11% worldwide growth.
- Subscription revenues grew by 20% year-over-year, reaching INR126 crores.
- The company added 15 new customer logos, expanding into new territories and securing large deals in mature markets.
- US and APAC regions witnessed strong growth of 22%, with India and EMEA also showing positive growth.
- Newgen was recognized as a strong performer in the Forrester Wave for digital process automation software and was included in Forbes Asia's Best Under a Billion list for the second consecutive year.
- There were delays in deal closures, particularly in the EMEA and India regions, affecting revenue recognition.
- Large license deals in India and the Middle East were fewer compared to the previous year.
- The company faced challenges in maintaining the momentum of large deals in the India and Middle East markets.
- Despite strong deal signings, many were subscription-based, leading to delayed revenue realization.
- Employee headcount decreased by approximately 100 people compared to the previous year, indicating potential challenges in workforce management.
Ladies and gentlemen, good day and welcome to the Newgen of Q2 FY '25 earnings call hosted by ICIC Securities Limited. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask a question after the presentation is complete.
(Operator Instructions)
Please note that this conference is being recorded. I now on the conference over to Aditi Patil.
Thank you and over to you, ma'am.
Thank you, Sasha.
Good evening and welcome to the Q2 FY '25 earnings call of Mugen Software Technologies.It's my pleasure to introduce the senior management team of Newgen. We have with us today Mr. T. S. Varadarajan, Whole-Time Director, Mr. Virender Jeet, Chief Executive Officer, Mr. Tarun Mandawani, Chief Operating Officer, Mr. Arun Gupta, Chief Financial Officer, and Ms. Deepti Mehra Chugh, Head Investor Relations. I now hand over the call to Ms. Deepti for further proceedings.
Thank you and over to you, Deepti.
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
