34 slides from Newgen Software Technologies's earnings presentation, Apr 30, 2024
Slide 1: Exchange filing cover letter for investor presentation and press release
Newgen Software Technologies Limited CIN: L72200DL 1992PLC049074, Registered Office: E-44/13, Okhla Phase II, New Delhi 110020, India Tel: +91 11 46533200, 26384060, 26384146 Fax:+91 11 26383963 Date: 30th April 2024 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exc
Slide 2: Newgen Software Technologies Ltd. Full year FY'24 and Q4 FY'24 Investor Presentation
Newgen Software Technologies Ltd. Full year FY’24 and Q4 FY’24 Investor Presentation UNLOCK SIMPLE 1 | Newgen Software. Privileged and Confidential Information. Copyright ©2021. All rights reserved. Copyright 2024, Newgen Software
Slide 3: Newgen – Key Highlights (FY'24)
Newgen – Key Highlights (FY’24) 32 years Rs 112,002 Million Direct presence of Innovation, Passion, in 8 countries and Excellence Market Capitalization* (Customers across 76 countries) 17 verticals 51 New Logo ~4400 Personnel Major Verticals including additions Banking & FS, Insurance, Government (w
Slide 4: Newgen – Financial Snapshot (FY'24)
Newgen – Financial Snapshot (FY’24) Rs 12,438 Million Rs 7,498 Million Rs 12,235 Million Revenue Annuity Revenues* Networth (28% YoY Growth) (26% YoY Growth) Rs 2,814 Million Rs 2,883 Million Rs 2,516 Million EBITDA PAT Cash Flow from Operations (23% EBITDA Margin) (42% YoY Growth) * Annuity revenue
Slide 5: Enterprise-wide unified digital transformation platform provider
Newgen: Enterprise-wide unified digital transformation platform provider Digitize Process & Adapt Communicate Contextual Content Low Code Process Omnichannel Services (ECM) Automation (BPM) Customer OmniDocs iBPS Engagement (CCM) OmniOMS Deliver contextual Manage complexcontent for business Digitize
Slide 6: Holistic Transformation with NewgenONE
Holistic Transformation with — NewgenONE Low Code Application Development Process Automation No Code/Low Code Business Process Management Portal Interface Development Journey Orchestration RPA Mobile App Development Business Operations Dashboard Business Rules Management Process Op
Slide 7: Business Applications Range in Complexity of Process & Information
Business Applications Range in Complexity of Process & Information Complex, Enterprise-wide Business Processes Traditionally Strong Comprehensive Digital NewgenONE digital Process Automation Complex Information Simple Information Transformation Platforms Platforms transformation platform is a compre
Slide 8: Mitigating the information flow challenges
Mitigating the information flow challenges By simplifying the complex information flow between front, middle, and back office Customer Front Office Middle Office Back Office Touchpoints • Sales and Marketing • Approval & Verifications • Document Archival Business Workflows • Portfolio Management • R
Slide 9: NewgenONE With Contextual Content Services Capability
NewgenONE With Contextual Content Services Capability… Digitize Workplace with Contextual Automation, Compliance, and Intelligence – On Cloud Channels of Scan Social Web Portal Engagement Office E-mail Mobile Capture Process Store Extend Document Cloud Professional Content Automated Content Industry
Slide 10: NewgenONE With Low Code Process Automation Capability
NewgenONE With Low Code Process Automation Capability… Rapid Application Development for Deep and Complex Business Applications – Across Devices Social Web Portal Mobile In-Person Web/Message/Scan Business Applications Financial Government Insurance Shared Services Other Institutions /PSU Entities C
Slide 11: NewgenONE With Personalized Customer Engagement Capability
NewgenONE With Personalized Customer Engagement Capability… Use the Business Data and Manage the Communication Output – Personalized and at Scale Enterprise Use Cases Batch On-Demand One-to-One Workflow-driven Communication Response Correspondence Communication Branding and Multi-Lingual Whitespace
Slide 12: Newgen AI Cloud – A unified platform for all data science needs
Newgen AI Cloud – A unified platform for all data science needs
Slide 13: Trusted by Leading Analysts
Trusted by Leading Analysts A “Leader” in The Forrester Wave : Content Platforms, Q1 A “Niche Player” in Gartner® Magic Quadrant for Enterprise Low-Code 2023 Application Platforms, October 2023, published on 17th October, 2023 A Strong Performer in The Forrester Wave : Digital Process Recogn
Slide 14: Making an Impact through CSR
Making an Impact through CSR Recognized for its efforts in education through its Newgen Digital Discovery Paathshala Program and honoured with Mahatma Awards in Quality Education Recognized under the Best CSR Impact Initiative category for its programs on education, nutrition and holistic developmen
Slide 15: Resilient Business Model in Place
Resilient Business Model in Place 60% 18% 22% Large annuity revenues streams Annuity Revenues(1) Sale of Products Sale of Services FY24 Revenue Split by Segment 70% 8% 7% 7% 2% 6% Mission critical solutions across key verticals Banking & FS Govt. Insurance Health BPO Others FY24 Revenue Split by Seg
Slide 16: Innovation at the Core
Innovation at the Core Investment of 9% of revenues in R&D initiatives in FY’24 45 patents filings, 24 granted till date Launch of AI enabled version of NewgenONE platform called Marvin during the year Launch of newer version of ECM and CCM platforms Release of next generation low-code Tra
Slide 17: Our Go-to-market
Our Go-to-market Opened offices in New York and Saudi Arabia during the financial year. Expansion of Sales & Marketing team, supported by a large network of 300+ channel partners Emphasis on catering to larger-scale clients and those who significantly Increasing global footprint and brand cont
Slide 18: Strong Acceleration in Revenues and Profits
Strong Acceleration in Revenues and Profits Revenues (INR Mn) Annuity Revenues (INR Mn) Profit after Tax (INR Mn) (INRm) (INRm) (INRm) 26% CAGR 28% CAGR 24% CAGR Growth Growth Growth 12,438 7,498 5,945 9,740 7,790 2,516 4,565 1,770 1,642 FY'22 FY'23 FY'24 FY'22 FY'23 FY'24 FY'22 FY'23 FY'24 (1) Annu
Slide 19: Growing Large Customer Base
Growing Large Customer Base Increasing base of customers with over Client Concentration Rs 50Mn billing 50% 39% 40% 34% 35% 29% 30% 26% 24% 65 17% 19% 26 38 51 20% 15% 10% FY’21 FY’22 FY’23 FY’24 0% Top 5 Top 10 Top 20 FY'22 FY'23 FY'24
Slide 20: Board of Directors
Board of Directors Diwakar Nigam T.S. Varadarajan Priyadarshini Nigam Chairman and Whole Whole Managing Director Time Director Time Director Padmaja Krishnan Saurabh Srivastava Subramaniam Kaushik Dutta Independent Independent Ramnath Iyer Independent Director Director Independent Director Director
Slide 21: Leadership Team
Leadership Team Diwakar Nigam Virender Jeet Chairman and Managing Director Chief Executive Officer Tarun Nandwani Dr. S.J. Raj Chief Operating Officer EVP – Global Business Strategy and HR Anand Raman Arun Kumar Gupta EVP & COO - Newgen Software Inc. Chief Financial Officer Rajvinder Singh Kohli Sr.
Slide 22: Leadership Team
Leadership Team R. Krishna Kumar Manish Kumar Sunil Pandita Vivek Bhatnagar Prashant Sahai Pramod Kumar Sandeep Hinduja Jaiswal VP – Sales VP – Sales (India) VP –Sales (EMEA) VP – Sales VP – Sales (APAC) VP – Sales (US) VP – Sales (Australia) (Middle East) (Americas) Vivek Mani Arpan Bansal Amitava
Slide 23: FY'24 and Q4 FY'24 Results
FY’24 and Q4 FY’24 Results
Slide 24: Revenue – Financial Summary (Consolidated)
Financial Summary (Consolidated) Q4FY24 Q4FY23 YoY Q3FY24 QoQ FY24 FY23 YoY Particulars (Audited) (Audited) Growth (Unaudited) Growth (Audited) (Audited) Growth Revenue from (INR Mn) 3,753 3,051 23.0% 3,237 15.9% 12,438 9,740 27.7% Revenue operations Other Income 151 79 91.3% 112 35.1% 481 340 41.4%
Slide 25: Revenues Across Verticals and Geographies
Revenues Across Verticals and Geographies Q4 FY’24 Revenue Split by Segment Q4 FY’24 Revenue Split by Vertical Q4 FY’24 Revenue Split by Geography Implementation APAC (Ex-India) Sale of & other services Products 11% 24% Healthcare Others 20% India Insurance 5% 8% 32% 8% USA 17% BPO/IT SaaS 1% 9% Gov
Slide 26: Key Business Highlights
Key Business Highlights Growing large customer base - 65 customers with over Rs 5 crores billing during the year compared to 51 in FY’23. 51 new customer logo addition during the year; 11 new customer logos addition in the quarter. Recognized in Forrester’s Property & Casualty Claims Managemen
Slide 27: Update on Security Incident
Update on Security Incident Newgen experienced a security incident related to ransomware in March 2024. Our Emergency response team got into action and worked diligently to contain the attack and mitigate any potential damage. None of our critical services or data were impacted. The Company en
Slide 28: Debtors Days
Debtors Days Debtor Days (Based on Net Debtors) 160 145 140 130 126 120 111 115 102 105 106 100 80 60 40 20 0 Q1 FY'23 Q2 FY'23 Q3 FY'23 Q4 FY'23 Q1 FY'24 Q2 FY'24 Q3 FY'24 Q4 FY'24 Collections witnessed improvement of 34% during the year. Note: The business is seasonal in nature with proportionatel
Slide 29: Disclaimer
New Delhi, IN Disclaimer ! Mississauga, ON London, UK Mumbai, IN This presentation may contain certain forward-looking Riyadh, KSA statements concerning Newgen Software Technologies’ future business prospects and business profitability, which are subject to several risks and uncertainties and the ac
Slide 30: P&L Statement
P&L Statement (All amounts in INR Mn, except per share data and unless otherwise stated) Q4 FY 2024 Q4 FY 2023 Q3 FY 2024 FY 2024 FY 2023 Revenue Revenue from operations 3,752.7 3,050.5 3,236.5 12,438.3 9,739.8 Other income 150.7 78.8 111.5 480.6 339.9 Total revenue 3,903.4 3,129.3 3,348.1 12,918.9
Slide 31: Your Trusted Digital Transformation Partner
Your Trusted Digital Transformation Partner info@newgensoft.com www.newgensoft.com
Slide 32: Press Release: Newgen Software reports FY'24 results
PRESS RELEASE Newgen Software reports Revenues from operations at Rs 1,244 cr in FY’24, up 28% YoY; Profit after Tax at Rs 252 cr, up 42% YoY Profit in a quarter exceeds Rs 100 crores for the first time. New Delhi, India – April 30, 2024 The management of Newgen Software Technologies Ltd. announced
Slide 33: Key Consolidated Financial Highlights (FY'24)
Key Consolidated Financial Highlights (FY’24) Revenue from operations (consolidated) witnessed a strong growth of 28% YoY, reaching Rs 1,244 crore as compared to Rs 974 crore in FY’23. Annuity revenue streams (ATS/AMC, support, and cloud/SaaS and Subscription license) were at Rs 750 crores Reven
Slide 34: About Newgen
About Newgen Newgen is the leading provider of a unified digital transformation platform with native process automation, content services, communication management, and AI/ML capabilities. Globally, successful enterprises rely on Newgen’s industry-recognized low code application platform to develop