Integrated Filing — IndAS



General information about company

Scrip Code 540900
NSE Symbol NEWGEN
MSEI Symbol NOTLISTED
ISIN INE619B01017
Name of company NEWGEN SOFTWARE TECHNOLOGIES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 16-07-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 09-07-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Geographical
Description of single segment
Start date and time of board meeting 16-07-2026   12:16:00
End date and time of board meeting 16-07-2026   12:30:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 35,668.37 35,668.37
Other income 3,627.27 3,627.27
Total income 39,295.64 39,295.64
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 19,009.56 19,009.56
(e) Finance costs 86.13 86.13
(f) Depreciation, depletion and amortisation expense 920.63 920.63
(f) Other Expenses
1 Other Expenses 11,067.76 11,067.76
Total other expenses 11,067.76 11,067.76
Total expenses 31,084.08 31,084.08
3 Total profit before exceptional items and tax 8,211.56 8,211.56
4 Exceptional items 0.00 0.00
5 Total profit before tax 8,211.56 8,211.56
6 Tax expense
7 Current tax 1,857.31 1,857.31
8 Deferred tax 72.14 72.14
9 Total tax expenses 1,929.45 1,929.45
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 6,282.11 6,282.11
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 6,282.11 6,282.11
17 Other comprehensive income net of taxes 120.76 120.76
18 Total Comprehensive Income for the period 6,402.87 6,402.87
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 6,282.11 6,282.11
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 6,402.87 6,402.87
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 14,145.53 14,145.53
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 4.44 4.44
Diluted earnings (loss) per share from continuing operations 4.41 4.41
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 4.44 4.44
Diluted earnings (loss) per share from continuing and discontinued operations 4.41 4.41
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Statement of Standalone and Consolidated Financial Results of Newgen Software Technologies Limited for the Quarter ended 30th June 2026 Notes: 1. The above financial results for the quarter ended 30 June 2026 were reviewed by the Audit Committee in the meeting held on 16 July 2026 and approved by the Board of Directors in their meeting held on 16 July 2026. Standalone and Consolidated financial results of the Company for the quarter ended 30 June 2026 are prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and relevant rules thereunder. The company has complied with the guidelines issued by Securities & Exchange Board of India (SEBI) to the extent applicable. 2.The auditors have carried out limited review of Standalone and Consolidated results of the Company for the quarter ended 30 June 2026. There are no qualifications in the Auditor's review report on these financial results. The figures for the quarter ended 31 March 2026 are the balancing figures between the audited figures for full financial year up to 31 March 2026 and the unaudited year-to-date figures up to the nine months ended 31 December 2025 which were subjected to limited review. 3.The Board of Directors in their meeting held on 30 April 2026 recommended a dividend of INR 6.00 per equity share for the financial year ended 31 March 2026. The payment is subject to approval of shareholders at the ensuing Annual General Meeting. 4.On 21 November 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 existing labour laws. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The Company has assessed and disclosed the impact of these changes on the basis of expert involved and the best information available, consistent with the guidance provided by the Institute of Chartered Accountants of India. Considering the materiality and regulatory-driven, non-recurring nature of this impact, the Company has presented such impact as “Impact of Labour Codes under “Exceptional Items” in the statement of consolidated and standalone financial results for the year ended 31 March 2026. The impact consisting of gratuity of INR 2,626.41 Lakhs and long-term compensated absences of INR 379.35 Lakhs primarily arises due to change in wage definition. The Company continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as needed. 5.The Company entered into an agreement with Bank in Qatar in FY 2022–23 for supply of software licenses and provision of implementation services. The software license was delivered and formally accepted, and the related consideration was fully received. Implementation services were commenced, against which partial billing was raised and collected. Subsequently, Bank initiated legal proceedings before the Qatar Investment and Trade Court, alleging non delivery of contracted deliverables and sought termination of the agreements, refund of amounts paid, and damages. The lower court appointed an expert committee, whose report resulted in an adverse order against the Company. The Company preferred an appeal, pursuant to which the Appellate Court reconstituted the expert committee with IT qualified members. Although the reconstituted committee submitted its report in favour of the Company, the Appellate Court rejected the same and upheld the findings of the earlier committee. The Company’s further appeal before the Court of Cassation was dismissed, and the order of the lower courts was upheld. Pursuant to the final judgment, the Company has recognised INR 1,285.75 lakhs (USD 1.37 million) towards refund of fees paid and INR 51.14 lakhs (QAR 200,000) towards reimbursement of legal costs as an exceptional expense in the Statement of Profit and Loss for the year ended 31 March 2026. 6.Previous periods/years figures have been regrouped/reclassified wherever necessary to correspond with the current period/year classification/disclosure, which are not considered material to these financial results. For and on behalf of the Board of Directors of Newgen Software Technologies Limited T. S. Varadarajan Vice Chairman & Whole-Time Director DIN: 00263115 Place: Boston, USA Date: 16 July 2026



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 India 9,561.13 9,561.13
2 EMEA 11,362.98 11,362.98
3 APAC 5,593.31 5,593.31
4 USA 9,150.95 9,150.95
Total Segment Revenue 35,668.37 35,668.37
Less: Inter segment revenue 0.00 0.00
Revenue from operations 35,668.37 35,668.37
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 India 393.09 393.09
2 EMEA 2,153.53 2,153.53
3 APAC 1,144.40 1,144.40
4 USA 1,930.87 1,930.87
Total Profit before tax 5,621.89 5,621.89
i. Finance cost 86.13 86.13
ii. Other Unallocable Expenditure net off Unallocable income (2,675.80) (2,675.80)
Profit before tax 8,211.56 8,211.56
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 India 27,391.96 27,391.96
2 EMEA 32,881.93 32,881.93
3 APAC 16,690.10 16,690.10
4 USA 24,209.94 24,209.94
Total Segment Asset 1,01,173.93 1,01,173.93
Un-allocable Assets 1,45,180.60 1,45,180.60
Net Segment Asset 2,46,354.53 2,46,354.53
4 Segment Liabilities
Segment Liabilities
1 India 17,305.33 17,305.33
2 EMEA 16,366.42 16,366.42
3 APAC 8,163.18 8,163.18
4 USA 12,263.76 12,263.76
Total Segment Liabilities 54,098.69 54,098.69
Un-allocable Liabilities 7,757.98 7,757.98
Net Segment Liabilities 61,856.67 61,856.67
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) Note :- a) Unallocated assets, liabilities, revenue and expenses : Certain assets, liabilities, revenue and expenses are not specifically allocable to individual segments as the underlying services are used interchangeably. The Company believes that it is not practicable to provide segment disclosures relating to such assets, liabilities, revenue and expenses and accordingly such assets, liabilities, revenue and expenses are separately disclosed as ‘unallocated’. *All expenses which are not attributable or allocable to segments or are non-recurring in nature have been disclosed as unallocable expenses. During the year ended 31 March 2026, unallocated expenditure includes impact of labour codes amounting to INR 3,005.76 lakhs and Provision for legal claim amounting INR 1,336.89 lakhs.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement gains / (losses) on defined benefit plans 49.13 49.13
Total Amount of items that will not be reclassified to profit and loss 49.13
2 Income tax relating to items that will not be reclassified to profit or loss 17.17 17.17
3 Amount of items that will be reclassified to profit and loss
1 Debt instruments through other comprehensive income - net change in fair value (27.58) (27.58)
2 Exchange differences on translation of foreign operations 109.95 109.95
Total Amount of items that will be reclassified to profit and loss 82.37
4 Income tax relating to items that will be reclassified to profit or loss (6.43) (6.43)
5 Total Other comprehensive income 120.76 120.76