⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.

NEWGEN - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.9

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 3.9

Stock Code NEWGEN Market Cap 6,542 Cr. Current Price 460 ₹ High / Low 1,379 ₹
Stock P/E 21.4 Book Value 103 ₹ Dividend Yield 1.09 % ROCE 27.8 %
ROE 22.4 % Face Value 10.0 ₹ DMA 50 572 ₹ DMA 200 802 ₹
Chg in FII Hold -0.28 % Chg in DII Hold 0.10 % PAT Qtr 79.8 Cr. PAT Prev Qtr 76.7 Cr.
RSI 38.6 MACD -36.2 Volume 26,52,517 Avg Vol 1Wk 26,21,954
Low price 434 ₹ High price 1,379 ₹ PEG Ratio 0.94 Debt to equity 0.03
52w Index 2.66 % Qtr Profit Var -4.72 % EPS 20.0 ₹ Industry PE 20.9

📊 Financials

  • Revenue & Profitability: PAT rose slightly from ₹76.7 Cr. to ₹79.8 Cr., though quarterly variation shows -4.72% decline. EPS at ₹20.0 is decent.
  • Margins & Returns: ROCE (27.8%) and ROE (22.4%) highlight strong efficiency and profitability.
  • Debt: Debt-to-equity ratio of 0.03 indicates very low leverage, ensuring financial stability.
  • Cash Flow: Strong profitability and minimal debt support healthy cash flows.

💹 Valuation

  • P/E Ratio: 21.4 vs Industry PE of 20.9 → Fairly valued compared to peers.
  • P/B Ratio: ~4.46 (Price ₹460 / Book Value ₹103) → Slightly expensive on book value basis.
  • PEG Ratio: 0.94 → Attractive, growth justifies valuation.
  • Intrinsic Value: Current price appears fairly valued, offering moderate upside potential.

🏢 Business Model & Competitive Advantage

  • Newgen operates in enterprise software solutions, focusing on digital transformation, workflow automation, and document management.
  • Competitive advantage lies in niche expertise, strong client base, and recurring revenue streams.
  • Dividend yield of 1.09% provides modest shareholder returns.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: Attractive near ₹430–450 range (close to 52W low of ₹434 and below DMA levels).
  • Long-Term Holding: Strong candidate for long-term investors due to efficiency, low debt, and fair valuation. Accumulation should be cautious given recent profit decline.


✅ Positive

  • Strong ROCE (27.8%) and ROE (22.4%) highlight efficiency.
  • Debt-free balance sheet ensures financial safety.
  • Dividend yield of 1.09% supports investor confidence.

⚠️ Limitation

  • Quarterly profit decline (-4.72%) signals near-term weakness.
  • P/B ratio (~4.46) is slightly expensive.
  • RSI at 38.6 indicates weak sentiment.

📉 Company Negative News

  • FII holdings reduced (-0.28%), showing cautious foreign sentiment.
  • MACD at -36.2 indicates bearish technical momentum.
  • 52W Index at 2.66% shows weak stock performance relative to highs.

📈 Company Positive News

  • DII holdings increased (+0.10%), signaling domestic confidence.
  • PAT improved sequentially, reflecting operational strength despite volatility.
  • Debt remains negligible, providing financial stability.

🏭 Industry

  • Enterprise software industry benefits from digital transformation, automation, and cloud adoption.
  • Industry PE at 20.9 suggests valuations are aligned, making Newgen fairly valued.

🔎 Conclusion

  • Newgen is fundamentally strong with high efficiency, low debt, and fair valuation.
  • However, modest profit decline and weak technical indicators limit aggressive upside.
  • Best strategy: Accumulate near ₹430–450 range for long-term holding, focusing on digital transformation growth while avoiding aggressive buying at current levels.

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