NEWGEN2024-01-012024-03-31 NEWGEN2024-01-012024-03-31 NEWGEN2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member NEWGEN2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member NEWGEN2024-03-31 NEWGEN2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member NEWGEN2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member NEWGEN2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue03Member NEWGEN2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue04Member NEWGEN2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member NEWGEN2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member NEWGEN2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue03Member NEWGEN2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue04Member NEWGEN2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member NEWGEN2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member NEWGEN2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults03Member NEWGEN2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults04Member NEWGEN2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member NEWGEN2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member NEWGEN2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults03Member NEWGEN2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults04Member NEWGEN2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member NEWGEN2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member NEWGEN2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets03Member NEWGEN2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets04Member NEWGEN2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member NEWGEN2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member NEWGEN2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member NEWGEN2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member NEWGEN2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member NEWGEN2024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member NEWGEN2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member NEWGEN2024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member NEWGEN2024-01-012024-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member NEWGEN2024-01-012024-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member NEWGEN2024-01-012024-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member NEWGEN2024-01-012024-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 540900 NEWGEN NOTLISTED Newgen Software Technologies Limited Equity 2023-04-01 2024-03-31 2024-04-30 2024-04-22 INR Lakhs Yearly 11:00:00 12:35:00 2024-04-30 2024-04-30 true Cash Flow Indirect Declaration of unmodified opinion Geographical 2024-01-01 2024-03-31 Audited Standalone 3496808000.00 137241000.00 3634049000.00 0.00 0.00 0.00 1461515000.00 11843000.00 68580000.00 856631000.00 2398569000.00 1235480000.00 0.00 1235480000.00 199323000.00 23869000.00 223192000.00 0.00 1012288000.00 0.00 0.00 0.00 0.00 1012288000.00 -29254000.00 983034000.00 983034000.00 0.00 1397793000.00 10 7.24 7.01 0.00 0.00 7.24 7.01 1.The above financial results for the quarter and year ended 31 March 2024 were reviewed by the Audit Committee in their meeting held on 29 April 2024 and approved by the BOD in their meeting held on 30 April 2024. Standalone and Consolidated financial results of the Company for the quarter and year ended 31 March 2024 are prepared in accordance with applicable provisions. 2.The auditors have carried out audit of Standalone and Consolidated results of the Company for the year ended 31 March 2024. There are no qualifications in the Auditor's report on these financial results. The figures for the quarter ended 31.03.2024 and 31.03.2023 are the balancing figures between the audited figures for full financial year and the unaudited figures upto the nine months ended 31.12.2023 and 31.12.2022, respectively, which were subjected to limited review by the statutory auditors. 3.The Board of Directors in their meeting held on 30 April 2024 recommended a dividend of INR 4.00 per equity share ( on face value of INR 10/- each on the expanded capital base post bonus issue of 1:1) for the financial year ended 31 March 2024. The payment is subject to approval of shareholders at the ensuing AGM. 4.A Scheme of Amalgamation u/s 230-232 of the Companies Act, 2013 which provides for the merger of Number Theory Software Private Limited (NTSPL), a wholly-owned subsidiary of the Company, was filed with the Delhi Bench of National Company Law Tribunal (NCLT). NCLT through its Order dated 27th September 2023 approved the aforesaid Scheme. Upon the sanction becoming effective from the appointed date i.e. 01.04.2022 as provided under the Scheme, NTSPL stands dissolved without undergoing the process of winding up. The Company has accounted for the merger under the Pooling of Interest method retrospectively for all periods presented in the above results as prescribed in the IND AS 103- Business Combination of entities under common control. Previous periods/ year’s numbers have been accordingly restated. There are no material impact on the Standalone and Consolidated results of the Company for the comparative periods. 5.Pursuant to the Board approval on 27 November 2023 and shareholder's approval on 2 January 2024, through Postal Ballot, the Company has allotted 7,00,69,401 bonus shares of INR 10/- each (fully paid up) on 13 January 2024 to the eligible members of the Company whose names appear in the Register of Members of the Company /List of Beneficial Owners as on the Record Date i.e., 12 January 2024 in the ratio of 1:1. The said bonus shares shall rank pari passu in all respects with the existing equity shares of the Company, including dividend. As a result of the bonus issue, the paid-up capital of the Company has increased to INR 14,013.88 lakhs from INR 7,006.94 lakhs. Consequent to the above increase in paid-up capital, the earnings per share (Basic and Diluted) have been adjusted for the quarter and year ended 31.03.2023. 6.Pursuant to Newgen ESOP Scheme 2014 and Newgen ESOP scheme 2022, the Board of Directors on 20 March 2024, allotted 1,40,000 and 13,000 shares respectively to Newgen ESOP Trust through primary issue. Further, during the quarter, the NRC has granted 386,900 options to its employees under Newgen ESOP Scheme 2022 on 20 March 2024. 7.On 8th March 2024, the Company reported a Cyber security incident (the incident') that affected a few of the Company's IT assets. The Company engaged with independent cyber security consulting firms, for comprehensive analysis, providing immediate recommendations and remediation steps. The management took all the necessary measures to prevent damage to the IT systems of the Company. It was concluded that the incident did not result in any ransom and the Management believes that there is no financial, legal, or regulatory impact of the incident reported herein. Geographical 2023-04-01 2024-03-31 Audited Standalone 11361193000.00 455001000.00 11816194000.00 0.00 0.00 0.00 5393147000.00 41065000.00 258509000.00 3279968000.00 8972689000.00 2843505000.00 0.00 2843505000.00 527070000.00 -56920000.00 470150000.00 0.00 2373355000.00 0.00 0.00 0.00 0.00 2373355000.00 -35549000.00 2337806000.00 2337806000.00 0.00 1397793000.00 10 0.00 17.00 16.51 0.00 0.00 17.00 16.51 Other Expenses 856631000.00 Other Expenses 3279968000.00 1637165000.00 27953000.00 0.00 28331000.00 741463000.00 0.00 0.00 0.00 285820000.00 0.00 0.00 837140000.00 1122960000.00 265884000.00 1786000.00 3825542000.00 0.00 3649889000.00 3153597000.00 499098000.00 2002260000.00 1173000.00 1606639000.00 10912656000.00 150144000.00 242904000.00 11305704000.00 0.00 0.00 15131246000.00 1397793000.00 10077978000.00 11475771000.00 11475771000.00 299653000.00 0.00 0.00 299653000.00 475066000.00 0.00 0.00 0.00 774719000.00 117217000.00 619527000.00 1652797000.00 2389541000.00 269455000.00 90816000.00 130944000.00 0.00 2880756000.00 0.00 0.00 3655475000.00 15131246000.00 APAC 360274000.00 EMEA 1470552000.00 India 1203708000.00 USA 462274000.00 APAC 1265831000.00 EMEA 4141454000.00 India 4018855000.00 USA 1935053000.00 3496808000.00 11361193000.00 0.00 0.00 3496808000.00 11361193000.00 APAC 125176000.00 EMEA 730607000.00 India 262944000.00 USA 64352000.00 APAC 286143000.00 EMEA 1385068000.00 India 813525000.00 USA 245239000.00 1183079000.00 2729975000.00 11843000.00 41065000.00 -64244000.00 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’. b) In accordance with Ind AS-108 Operating Segments and based on Management Evaluation , the Company during the quarter and year ended 31 March 2023 used to allocate AI platforms cost related to employees of Number Theory Software Private Limited to India Segment, however, keeping in view the changes to the internal reporting, the management has allocated this cost to all the regions considering this to be a common cost. -154595000.00 1235480000.00 2843505000.00 APAC 535525000.00 EMEA 2070638000.00 India 2000926000.00 USA 573722000.00 5180811000.00 9950435000.00 15131246000.00 APAC 339587000.00 EMEA 1095256000.00 India 1043245000.00 USA 327231000.00 2805319000.00 850156000.00 3655475000.00 32857000.00 0.00 -257147000.00 0.00 -117453000.00 -374000.00 -13560000.00 -210114000.00 0.00 79566000.00 0.00 351413000.00 0.00 258509000.00 0.00 -2809000.00 82981000.00 99780000.00 0.00 -37228000.00 0.00 235206000.00 213751000.00 -135954000.00 0.00 -26829000.00 0.00 222448000.00 0.00 304631000.00 3148136000.00 0.00 0.00 0.00 509441000.00 0.00 2638695000.00 0.00 22248000.00 1438659000.00 3619938000.00 0.00 0.00 0.00 0.00 1760000.00 136199000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 155391000.00 0.00 24048000.00 0.00 -2158527000.00 0.00 0.00 0.00 0.00 0.00 0.00 21262000.00 0.00 0.00 23424000.00 101527000.00 0.00 349563000.00 0.00 0.00 0.00 -453252000.00 26916000.00 0.00 26916000.00 472182000.00 499098000.00 Re-measurement (losses)/gains on defined benefit plans -45732000.00 Re-measurement (losses)/gains on defined benefit plans -46722000.00 -45732000.00 -46722000.00 -15980000.00 -16326000.00 Debt instruments through other comprehensive income - net change in fair value 649000.00 Debt instruments through other comprehensive income - net change in fair value -6718000.00 649000.00 -6718000.00 151000.00 -1565000.00