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Newgen Software

OverviewSuggest Edit

Newgen Software is a company providing business process, enterprise content, and customer communication management solutions. It offers the OmniDocs platform that provides document management and classification, image processing and capture, enterprise scanning, data extraction, and records management system capabilities, as well as OmniFlow iBPS, a business process and case management system delivering process orchestration, case management, robotic process automation (RPA), mobile, social, and other capabilities. The company also provides OmniOMC, a unified communication platform that enables users to leverage cross-sell and up-sell opportunities across various touchpoints, such as e-mail, SMS, web, and print. Newgen Software serves banking, financial services, insurance, government, healthcare, shared services, and other industries.

TypePublic
Founded1992
HQNew Delhi, INMap
Websitenewgensoft.com
Employee Ratings3.3More

Recent NewsAll News

Latest Updates

Employees (est.) (Mar 2019)1,909(+5%)
Revenue (FY, 2019)₹6.4 B(+24%)
Share Price (May 2021)₹329(+5%)

Key People/Management at Newgen Software

Diwakar Nigam

Diwakar Nigam

Chairman and Managing Director
S. J. Raj

S. J. Raj

Senior Vice President, HR and Operations
T. S. Varadarajan

T. S. Varadarajan

Whole-Time Director
Virender Jeet

Virender Jeet

Senior Vice President, Sales and Marketing, Products
Priyadarshini Nigam

Priyadarshini Nigam

Whole-Time Director
Tarun Nandwani

Tarun Nandwani

Senior Vice President, Business Management – Existing Customers and Commercials
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Newgen Software Office Locations

Newgen Software has offices in New Delhi, Bengaluru, Chennai, Hyderabad and in 9 other locations
New Delhi, IN (HQ)
6, Satsang Vihar Marg, Block A, Qutab Institutional Area
Bengaluru, IN
FF-2, Alpine Arch, Langford Rd, Akkithimana Halli, Bheemanna Garden, Shanti Nagar
Chennai, IN
38, Dr Thomas Rd, Anna Colony, T. Nagar
Hyderabad, IN
SLN Terminus Survey no.133, Beside Botanical Gardens
Kolkata, IN
6th Floor block a,b,c, 22, Camac St, Kankaria Estates, Park Street area
Mumbai, IN
401C & 401F, Fortune 2000
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Newgen Software Financials and Metrics

Newgen Software Revenue

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Newgen Software's revenue was reported to be ₹6.41 b in FY, 2019 which is a 23.3% increase from the previous period.
INR

Revenue (Q3, 2020)

1.9b

Gross profit (Q3, 2020)

1.0b

Gross profit margin (Q3, 2020), %

53%

Net income (Q3, 2020)

239.6m

Market capitalization (7-May-2021)

23.0b

Closing stock price (7-May-2021)

329.0

Cash (31-Mar-2019)

1.6b

EV

22.2b
Newgen Software's current market capitalization is ₹23 b.
Annual
INRFY, 2017FY, 2018FY, 2019

Revenue

4.3b5.2b6.4b

Revenue growth, %

24%20%23%

Cost of goods sold

2.1b2.5b2.9b

Gross profit

2.2b2.7b3.5b
Quarterly
INRQ1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

1.1b1.6b1.6b2.1b1.3b1.6b1.9b

Cost of goods sold

650.3m725.5m757.9m746.1m778.4m911.2m889.0m

Gross profit

492.4m829.3m889.8m1.3b560.7m676.8m1.0b

Gross profit Margin, %

43%53%54%64%42%43%53%
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INRFY, 2017FY, 2018FY, 2019

Cash

348.1m1.5b1.6b

Accounts Receivable

2.4b2.2b2.5b

Current Assets

3.6b4.8b5.5b

PP&E

542.4m675.8m676.3m
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INRFY, 2017FY, 2018FY, 2019

Net Income

662.2m941.3m1.3b

Depreciation and Amortization

48.4m58.1m59.8m

Accounts Payable

39.7m27.0m(16.1m)

Cash From Operating Activities

330.0m602.4m1.0b
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INRFY, 2017

Debt/Equity

0.2 x

Debt/Assets

0.2 x

Financial Leverage

1.6 x
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Newgen Software Operating Metrics

Newgen Software's Active Customers was reported to be 540 in FY, 2019.
FY, 2018FY, 2019

Active Customers

520540

Countries

6066

Patents Issued

511

Patent Applications

3223
Show all operating metrics

Newgen Software Acquisitions / Subsidiaries

Company NameDateDeal Size
Newgen Computers Technologies Limited
Newgen Software Inc
Newgen Software Technologies Canada Limited
Newgen Software Technologies Pte. Limited
Newgen Software Technologies Pty Limited
Newgen Software Technologies (UK) Limited

Newgen Software Revenue Breakdown

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Newgen Software revenue breakdown by business segment: 28.3% from Services - Support, 16.7% from Services - AMC/ATS, 23.3% from Services - Implementation, 24.8% from Products - Software and 7.0% from Other

Newgen Software revenue breakdown by geographic segment: 21.0% from United States, 11.2% from APAC, 31.6% from EMEA and 36.3% from India

Newgen Software Online and Social Media Presence

Newgen Software's Trends

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Newgen Software News and Updates

February 02, 2021

Newgen Software partners Glia

Newgen Software, a global provider of low code digital automation platform, announced that it has partnered with Glia—a leading provider of Digital Customer Service —to further enhance its banking solutions.
January 21, 2021

Newgen Software Technologies Q3 Review - Incremental Growth Hinges On Travel: ICICI Securities

Newgen Software Technologies Q3 Review - Incremental Growth Hinges On Travel: ICICI Securities
December 07, 2020

Bank Muscat and Newgen Software Win Award for the Best Lending Implementation in the Middle East

DUBAI, U.A.E, Dec. 7, 2020 /PRNewswire/ -- Bank Muscat, the leading financial services provider in the Sultanate, and Newgen Software were recognized for the 'Best Lending Implementation in the Middle East' at The Asian Banker Middle East and Africa Awards 2020. The felicitation ceremony...
July 23, 2020

ICICI Securities: Newgen Software Technologies Performs Well In Q1; Continues To Invest In R&D

ICICI Securities: Newgen Software Technologies Performs Well In Q1; Continues To Invest In R&D
February 25, 2020

Bank of the Bahamas Selects Newgen Software to Automate Retail Lending and Account Opening Processes

NASSAU, Bahamas, Feb. 25, 2020 /PRNewswire/ -- Newgen Software Inc., a global provider of low code automation platform managing content, processes, and communication, announced that Bank of the Bahamas (BOB) has selected its retail lending and account opening applications for streamlining...
January 28, 2019

Newgen Software Technologies acquires office premises in Noida for Rs 49 cr

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Newgen Software Blogs

November 15, 2019

Are your disjointed banking processes alienating customers and attracting compliance penalties?

To deliver great customer experience, you need to develop a contextual understanding of your prospects—i.e. their requirements, situation, and exceptions—to be pre-emptive and proactive in engaging with them. The post Are your disjointed banking processes alienating customers and attracting complian…
November 01, 2019

Nothing beats an awesome customer experience!

Know the need to leverage an extensive range of new-age technologies to not just meet but exceed customers’ expectations. The post Nothing beats an awesome customer experience! appeared first on Newgen Software. Related posts: Choose digital…..move towards better customer experience! Make Each To…
October 23, 2019

Make Each Touchpoint Count in Your Customer Journey

Embrace a holistic approach to delivering a consistent experience to your customers, irrespective of the buying stage, channel, place or time. The post Make Each Touchpoint Count in Your Customer Journey appeared first on Newgen Software. Related posts: What’s in Customer Communication? A lot we s…
July 24, 2019

How can CIOs make Mergers and Acquisitions Successful with BPM?

BPM solution acts as an enabler to make mergers and acquisitions successful and helps CIOs proactively assess and address challenges during the process. The post How can CIOs make Mergers and Acquisitions Successful with BPM? appeared first on Newgen Software. Related posts: Dynamic Case Managemen…
June 20, 2019

Online Account Opening: Solving the Legacy Puzzle

Learn how your bank can leverage legacy investment in your online account opening operations with the right technology. The post Online Account Opening: Solving the Legacy Puzzle appeared first on Newgen Software. Related posts: Taming Abandonment in Online Account Opening Going Beyond Traditiona…
May 30, 2019

Newgen EMEA Conclave – Celebrating Customer Success

This year, the event focused on how our customers can digitally transform their business models using disruptive technologies and drive customer centricity. The post Newgen EMEA Conclave – Celebrating Customer Success appeared first on Newgen Software. Related posts: Newgen, A Rising Star and Key…
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 Newgen Software Frequently Asked Questions

  • When was Newgen Software founded?

    Newgen Software was founded in 1992.

  • Who are Newgen Software key executives?

    Newgen Software's key executives are Diwakar Nigam, S. J. Raj and T. S. Varadarajan.

  • How many employees does Newgen Software have?

    Newgen Software has 1,909 employees.

  • What is Newgen Software revenue?

    Latest Newgen Software annual revenue is ₹6.4 b.

  • What is Newgen Software revenue per employee?

    Latest Newgen Software revenue per employee is ₹3.4 m.

  • Who are Newgen Software competitors?

    Competitors of Newgen Software include MPS, Icertis and Liferay.

  • Where is Newgen Software headquarters?

    Newgen Software headquarters is located at 6, Satsang Vihar Marg, Block A, Qutab Institutional Area, New Delhi.

  • Where are Newgen Software offices?

    Newgen Software has offices in New Delhi, Bengaluru, Chennai, Hyderabad and in 9 other locations.

  • How many offices does Newgen Software have?

    Newgen Software has 14 offices.