{"id":300076,"date":"2026-10-09T18:19:38","date_gmt":"2026-10-09T12:49:38","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=300076"},"modified":"2026-10-09T18:19:38","modified_gmt":"2026-10-09T12:49:38","slug":"newgen-software-technologies-share-price-target-2027","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/","title":{"rendered":"Newgen Software Technologies Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Newgen Software Technologies share price Rs 449.30 (9 October 2026). Base target Rs 487, bull Rs 591, downside risk Rs 354. PE 20.1. 52W range Rs 401.05 to Rs 1,041.95.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Newgen Software Technologies share price target for 2027 is Rs 487, about 8.4% above the current price of Rs 449.30. The bull case is Rs 591, and the downside risk level, which is not a target, is Rs 354. The base case assumes earnings per share grow 10.2% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 20.1. These are model-based estimates built from reported financials, not guaranteed outcomes.<\/p>\n<\/p><\/div>\n<p>Investors weighing a Newgen Software Technologies target price for 2027 should start with where the stock sits today. At Rs 449.30 on 9 October 2026, it is 56.9% below its 52-week high of Rs 1,041.95 and 12.0% above its 52-week low of Rs 401.05. That range spans 160% from low to high, so the entry point matters as much as the Newgen Software Technologies price forecast itself.<\/p>\n<p>This article builds the Newgen Software Technologies share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 487 base case and the Rs 591 bull case were reached, along with a downside risk level of Rs 354.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=newgen-software-technologies-share-price-target-2027\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#Newgen_Software_Technologies_Stock_Analysis_Company_Overview_and_Key_Stats\" title=\"Newgen Software Technologies Stock Analysis: Company Overview and Key Stats\">Newgen Software Technologies Stock Analysis: Company Overview and Key Stats<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#Why_Is_Newgen_Software_Technologies_Share_Price_Target_Set_at_Rs_487_for_2027\" title=\"Why Is Newgen Software Technologies Share Price Target Set at Rs 487 for 2027?\">Why Is Newgen Software Technologies Share Price Target Set at Rs 487 for 2027?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#Earnings_Growth_Behind_the_Newgen_Software_Technologies_Target_Price_Five_Years_of_Results\" title=\"Earnings Growth Behind the Newgen Software Technologies Target Price: Five Years of Results\">Earnings Growth Behind the Newgen Software Technologies Target Price: Five Years of Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#Margins_and_the_Latest_Quarter\" title=\"Margins and the Latest Quarter\">Margins and the Latest Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#Balance_Sheet_and_Cash_Flow\" title=\"Balance Sheet and Cash Flow\">Balance Sheet and Cash Flow<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#Valuation_Check_for_the_Newgen_Software_Technologies_Stock_Target_PE_Price_to_Book_and_ROE\" title=\"Valuation Check for the Newgen Software Technologies Stock Target: PE, Price to Book and ROE\">Valuation Check for the Newgen Software Technologies Stock Target: PE, Price to Book and ROE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#Shareholding_Pattern_and_Institutional_Holding\" title=\"Shareholding Pattern and Institutional Holding\">Shareholding Pattern and Institutional Holding<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#Newgen_Software_Technologies_Share_Price_Targets_for_the_Short_Term_and_12_Months\" title=\"Newgen Software Technologies Share Price Targets for the Short Term and 12 Months\">Newgen Software Technologies Share Price Targets for the Short Term and 12 Months<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#Short_Term_Newgen_Software_Technologies_Stock_Target_Levels_Technical_Setup\" title=\"Short Term Newgen Software Technologies Stock Target Levels: Technical Setup\">Short Term Newgen Software Technologies Stock Target Levels: Technical Setup<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#12_Month_Newgen_Software_Technologies_Target_Price_for_2027\" title=\"12 Month Newgen Software Technologies Target Price for 2027\">12 Month Newgen Software Technologies Target Price for 2027<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#How_EPS_Growth_and_PE_Multiple_Change_the_Newgen_Software_Technologies_Target_Price\" title=\"How EPS Growth and PE Multiple Change the Newgen Software Technologies Target Price\">How EPS Growth and PE Multiple Change the Newgen Software Technologies Target Price<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#Bull_Case_and_Downside_Risk_for_Newgen_Software_Technologies_Stock_Target_in_2027\" title=\"Bull Case and Downside Risk for Newgen Software Technologies Stock Target in 2027\">Bull Case and Downside Risk for Newgen Software Technologies Stock Target in 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#Bull_Case_Rs_591\" title=\"Bull Case Rs 591\">Bull Case Rs 591<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#Downside_Risk_Level_Rs_354\" title=\"Downside Risk Level Rs 354\">Downside Risk Level Rs 354<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#Key_Risks_to_the_Newgen_Software_Technologies_Target_Price_for_2027\" title=\"Key Risks to the Newgen Software Technologies Target Price for 2027\">Key Risks to the Newgen Software Technologies Target Price for 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#Growth_Slowdown_Risk_for_the_Newgen_Software_Technologies_Price_Target\" title=\"Growth Slowdown Risk for the Newgen Software Technologies Price Target\">Growth Slowdown Risk for the Newgen Software Technologies Price Target<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#Liquidity_and_Size_Risk\" title=\"Liquidity and Size Risk\">Liquidity and Size Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#Valuation_and_Margin_Risk\" title=\"Valuation and Margin Risk\">Valuation and Margin Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#Market_and_Technical_Risk\" title=\"Market and Technical Risk\">Market and Technical Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#How_to_Invest_in_Newgen_Software_Technologies\" title=\"How to Invest in Newgen Software Technologies\">How to Invest in Newgen Software Technologies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#FAQs_on_Newgen_Software_Technologies_Share_Price_Target_2027\" title=\"FAQs on Newgen Software Technologies Share Price Target 2027\">FAQs on Newgen Software Technologies Share Price Target 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#What_is_the_Newgen_Software_Technologies_share_price_target_for_2027\" title=\"What is the Newgen Software Technologies share price target for 2027?\">What is the Newgen Software Technologies share price target for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#What_is_the_Newgen_Software_Technologies_share_price_today\" title=\"What is the Newgen Software Technologies share price today?\">What is the Newgen Software Technologies share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#Is_Newgen_Software_Technologies_a_buy_or_sell_at_the_current_price\" title=\"Is Newgen Software Technologies a buy or sell at the current price?\">Is Newgen Software Technologies a buy or sell at the current price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#What_are_the_bull_case_target_and_downside_risk_level_for_Newgen_Software_Technologies_shares\" title=\"What are the bull case target and downside risk level for Newgen Software Technologies shares?\">What are the bull case target and downside risk level for Newgen Software Technologies shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#What_are_the_main_risks_to_the_Newgen_Software_Technologies_price_target\" title=\"What are the main risks to the Newgen Software Technologies price target?\">What are the main risks to the Newgen Software Technologies price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#What_is_the_PE_ratio_of_Newgen_Software_Technologies_and_how_does_it_compare_with_the_industry\" title=\"What is the PE ratio of Newgen Software Technologies and how does it compare with the industry?\">What is the PE ratio of Newgen Software Technologies and how does it compare with the industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#Who_owns_Newgen_Software_Technologies_and_what_is_the_promoter_holding\" title=\"Who owns Newgen Software Technologies, and what is the promoter holding?\">Who owns Newgen Software Technologies, and what is the promoter holding?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-share-price-target-2027\/#What_were_Newgen_Software_Technologies_latest_quarterly_results\" title=\"What were Newgen Software Technologies&#8217; latest quarterly results?\">What were Newgen Software Technologies&#8217; latest quarterly results?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Newgen_Software_Technologies_Stock_Analysis_Company_Overview_and_Key_Stats\"><\/span><strong>Newgen Software Technologies Stock Analysis: Company Overview and Key Stats<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Newgen Software Technologies (NSE: NEWGEN) has a market capitalisation of Rs 6,303 crore. In FY26 it reported revenue of Rs 1,641 crore and net profit of Rs 300.58 crore. The table collects the figures the Newgen Software Technologies share price target is built on.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Metric<\/th>\n<th>Value<\/th>\n<\/tr>\n<tr>\n<td>Company<\/td>\n<td><a href=\"https:\/\/univest.in\/stocks\/newgen\/newgen-software-technologies-ltd-share-price-today\">Newgen Software Technologies<\/a><\/td>\n<\/tr>\n<tr>\n<td>NSE Ticker<\/td>\n<td>NEWGEN<\/td>\n<\/tr>\n<tr>\n<td>CMP (9 October 2026)<\/td>\n<td>Rs 449.30<\/td>\n<\/tr>\n<tr>\n<td>52-Week High<\/td>\n<td>Rs 1,041.95<\/td>\n<\/tr>\n<tr>\n<td>52-Week Low<\/td>\n<td>Rs 401.05<\/td>\n<\/tr>\n<tr>\n<td>Market Cap<\/td>\n<td>Rs 6,303 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>20.10<\/td>\n<\/tr>\n<tr>\n<td>Industry PE<\/td>\n<td>17.30<\/td>\n<\/tr>\n<tr>\n<td>Price to Book<\/td>\n<td>3.54<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity<\/td>\n<td>18.67%<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>0.02<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM)<\/td>\n<td>Rs 22.01<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>1.34%<\/td>\n<\/tr>\n<tr>\n<td>12-Month Base Target<\/td>\n<td>Rs 487<\/td>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>Rs 591<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk Level (not a target)<\/td>\n<td>Rs 354<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Why_Is_Newgen_Software_Technologies_Share_Price_Target_Set_at_Rs_487_for_2027\"><\/span><strong>Why Is Newgen Software Technologies Share Price Target Set at Rs 487 for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The base-case Newgen Software Technologies stock target of Rs 487 applies a PE multiple of 20.10 to a forward EPS estimate of Rs 24.25. That EPS assumes 10.2% yearly growth, the pace from FY24 to FY26, and puts the target 8.4% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Earnings_Growth_Behind_the_Newgen_Software_Technologies_Target_Price_Five_Years_of_Results\"><\/span><strong>Earnings Growth Behind the Newgen Software Technologies Target Price: Five Years of Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Newgen Software Technologies grew revenue from Rs 808.87 crore in FY22 to Rs 1,641 crore in FY26, a compound annual growth rate of 19.4%. Net profit grew more slowly, from Rs 164.21 crore to Rs 300.58 crore (16.3% a year), which points to margin pressure alongside the sales growth.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Financial Year<\/th>\n<th>Revenue (Rs Cr)<\/th>\n<th>Net Profit (Rs Cr)<\/th>\n<th>EPS (Rs)<\/th>\n<th>Dividend per Share (Rs)<\/th>\n<\/tr>\n<tr>\n<td>FY22<\/td>\n<td>808.87<\/td>\n<td>164.21<\/td>\n<td>23.50<\/td>\n<td>4.50<\/td>\n<\/tr>\n<tr>\n<td>FY23<\/td>\n<td>1,007.96<\/td>\n<td>177.01<\/td>\n<td>12.55<\/td>\n<td>5.00<\/td>\n<\/tr>\n<tr>\n<td>FY24<\/td>\n<td>1,291.89<\/td>\n<td>251.60<\/td>\n<td>17.50<\/td>\n<td>4.00<\/td>\n<\/tr>\n<tr>\n<td>FY25<\/td>\n<td>1,550.46<\/td>\n<td>315.24<\/td>\n<td>21.89<\/td>\n<td>5.00<\/td>\n<\/tr>\n<tr>\n<td>FY26<\/td>\n<td>1,641.40<\/td>\n<td>300.58<\/td>\n<td>21.24<\/td>\n<td>6.00<\/td>\n<\/tr>\n<\/table>\n<p>FY26 revenue growth was 5.9%, slower than the four-year average of 19.4%, and net profit moved down 4.7%. EPS rose from Rs 17.50 in FY24 to Rs 21.24 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Margins_and_the_Latest_Quarter\"><\/span><strong>Margins and the Latest Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Newgen Software Technologies converted 18.3% of FY26 revenue into net profit, against 20.3% in FY25, within a five-year range of 17.6% to 20.3%. EBITDA margin was 26.2% in FY26 versus 28.4% in FY25.<\/p>\n<p>In the June 2026 quarter, revenue was Rs 392.95 crore, up 12.3% from the same quarter a year earlier, while net profit of Rs 62.82 crore was up 26.3%. EBITDA came in at Rs 92.19 crore, up 23.9% year on year. The next quarterly result is the first test of whether the earnings assumption holds.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Balance_Sheet_and_Cash_Flow\"><\/span><strong>Balance Sheet and Cash Flow<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Debt to equity stands at 0.02, and shareholders&#8217; equity grew from Rs 811.40 crore in FY22 to Rs 1,777 crore in FY26. Operating cash flow in FY26 was Rs 231.86 crore against capital expenditure of Rs 9.75 crore, leaving free cash flow of Rs 222.11 crore, or 3.5% of the current market capitalisation. In FY25 free cash flow was Rs 191.63 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_Check_for_the_Newgen_Software_Technologies_Stock_Target_PE_Price_to_Book_and_ROE\"><\/span><strong>Valuation Check for the Newgen Software Technologies Stock Target: PE, Price to Book and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At a PE of 20.10 against an industry PE of 17.30, Newgen Software Technologies trades at a premium to its industry. Price to book is 3.54 on a book value of Rs 124.81 per share, and return on equity is 18.67%. A PE of 20.10 equals an earnings yield of 5.0%, and the FY26 dividend of Rs 6.00 per share gives a yield of 1.34%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Shareholding_Pattern_and_Institutional_Holding\"><\/span><strong>Shareholding Pattern and Institutional Holding<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Promoters held 53.45% of Newgen Software Technologies in June 2026, and promoter holding fell from 53.78% in June 2025 to 53.45% in June 2026. Foreign institutional investors (FII) held 13.78% and domestic institutions (DII) held 8.15%, which puts total institutional holding at 21.93%. FII holding fell from 19.14% in June 2025 to 13.78% in June 2026. Public shareholders own the remaining 24.61%. A meaningful institutional holding adds a layer of research coverage and trading depth.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Newgen_Software_Technologies_Share_Price_Targets_for_the_Short_Term_and_12_Months\"><\/span><strong>Newgen Software Technologies Share Price Targets for the Short Term and 12 Months<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Short_Term_Newgen_Software_Technologies_Stock_Target_Levels_Technical_Setup\"><\/span><strong>Short Term Newgen Software Technologies Stock Target Levels: Technical Setup<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At Rs 449.30 on 9 October 2026, Newgen Software Technologies trades below its 50-day simple moving average of Rs 513.44 and below its 200-day exponential moving average of Rs 576.50. The 14-day RSI reads 22.0, which is oversold territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 513.44 (50-day simple moving average) and the nearest support is Rs 401.05 (52-week low). A sustained move above Rs 513.44 would improve the short-term setup, while a close below Rs 401.05 would shift attention to the next support.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Month_Newgen_Software_Technologies_Target_Price_for_2027\"><\/span><strong>12 Month Newgen Software Technologies Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 12-month target for Newgen Software Technologies is Rs 487: forward EPS of Rs 24.25 at a PE of 20.10. That is 8.4% above Rs 449.30. It would still leave the stock 53.3% below its 52-week high of Rs 1,041.95.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_EPS_Growth_and_PE_Multiple_Change_the_Newgen_Software_Technologies_Target_Price\"><\/span><strong>How EPS Growth and PE Multiple Change the Newgen Software Technologies Target Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>EPS Growth<\/th>\n<th>PE 16.08<\/th>\n<th>PE 20.10<\/th>\n<th>PE 23.11<\/th>\n<\/tr>\n<tr>\n<td>0.0% (EPS Rs 22.01)<\/td>\n<td>Rs 354<\/td>\n<td>Rs 442<\/td>\n<td>Rs 509<\/td>\n<\/tr>\n<tr>\n<td>10.2% (EPS Rs 24.25)<\/td>\n<td>Rs 390<\/td>\n<td>Rs 487<\/td>\n<td>Rs 560<\/td>\n<\/tr>\n<tr>\n<td>16.2% (EPS Rs 25.57)<\/td>\n<td>Rs 411<\/td>\n<td>Rs 514<\/td>\n<td>Rs 591<\/td>\n<\/tr>\n<\/table>\n<p>Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Newgen Software Technologies price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bull_Case_and_Downside_Risk_for_Newgen_Software_Technologies_Stock_Target_in_2027\"><\/span><strong>Bull Case and Downside Risk for Newgen Software Technologies Stock Target in 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Bull_Case_Rs_591\"><\/span><strong>Bull Case Rs 591<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The bull case Newgen Software Technologies price target needs EPS growth of 16.2%, which lifts forward EPS to Rs 25.57, and a PE multiple that rises 15% to 23.11. That gives Rs 591, 31.5% above the current price and below the 52-week high of Rs 1,041.95.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Downside_Risk_Level_Rs_354\"><\/span><strong>Downside Risk Level Rs 354<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The downside risk level is not a target. It assumes EPS stays flat at Rs 22.01 and the PE falls 20% to 16.08. That gives Rs 354, 21.2% below the current price and below the 52-week low of Rs 401.05.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Scenario<\/th>\n<th>EPS Growth<\/th>\n<th>PE Multiple<\/th>\n<th>Price (Rs)<\/th>\n<th>Change vs CMP<\/th>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>16.2%<\/td>\n<td>23.11<\/td>\n<td>Rs 591<\/td>\n<td>+31.5%<\/td>\n<\/tr>\n<tr>\n<td>Base Case<\/td>\n<td>10.2%<\/td>\n<td>20.10<\/td>\n<td>Rs 487<\/td>\n<td>+8.4%<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk<\/td>\n<td>0.0%<\/td>\n<td>16.08<\/td>\n<td>Rs 354<\/td>\n<td>-21.2%<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_the_Newgen_Software_Technologies_Target_Price_for_2027\"><\/span><strong>Key Risks to the Newgen Software Technologies Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Growth_Slowdown_Risk_for_the_Newgen_Software_Technologies_Price_Target\"><\/span><strong>Growth Slowdown Risk for the Newgen Software Technologies Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Revenue in the June 2026 quarter was up 12.3% year on year, and FY26 revenue growth was 5.9%. If growth slows from here, the EPS estimate behind the Newgen Software Technologies stock target will need revising.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Liquidity_and_Size_Risk\"><\/span><strong>Liquidity and Size Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Newgen Software Technologies has a market capitalisation of Rs 6,303 crore. Institutional holding is 21.93%, and promoters hold 53.45%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_and_Margin_Risk\"><\/span><strong>Valuation and Margin Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net margin was 18.3% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 20.10 versus an industry PE of 17.30, a de-rating toward the downside-risk PE of 16.08 would cut the price even if earnings hold.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Market_and_Technical_Risk\"><\/span><strong>Market and Technical Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The stock trades 56.9% below its 52-week high, with an RSI of 22.0 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Newgen_Software_Technologies\"><\/span><strong>How to Invest in Newgen Software Technologies<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Start with the live price and volume. Any Newgen Software Technologies share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 449.30 price before acting on any level.<\/p>\n<p>Next, review the fundamentals yourself. The Univest Screener lets you check Newgen Software Technologies&#8217; PE, ROE, debt and shareholding in one place.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Newgen Software Technologies fundamentals on the Univest Screener<\/strong><\/a><\/p>\n<p>Then compare the three Newgen Software Technologies target price scenarios with your own view. If you expect EPS growth below 10.2%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.<\/p>\n<p>Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.<\/p>\n<p>Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Newgen Software Technologies live price and get daily stock recommendations.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Newgen Software Technologies share price target for 2027 is Rs 487 in the base case, with Rs 591 as the bull case. The support for that view is arithmetic you can check: EPS grew 10.2% a year over FY24 to FY26, and the stock trades at a PE of 20.10. The risks are equally concrete, including a stock that sits 56.9% below its 52-week high and a downside scenario that cuts the price 21% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Newgen_Software_Technologies_Share_Price_Target_2027\"><\/span><strong>FAQs on Newgen Software Technologies Share Price Target 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Newgen_Software_Technologies_share_price_target_for_2027\"><\/span><strong>What is the Newgen Software Technologies share price target for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The base-case Newgen Software Technologies share price target for 2027 is Rs 487, with Rs 591 as the bull case. The downside risk level, which is not a target, is Rs 354. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Newgen_Software_Technologies_share_price_today\"><\/span><strong>What is the Newgen Software Technologies share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 9 October 2026, 3:30 PM IST, Newgen Software Technologies trades at Rs 449.30, up 1.53% on the day. The 52-week range is Rs 401.05 to Rs 1,041.95.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Newgen_Software_Technologies_a_buy_or_sell_at_the_current_price\"><\/span><strong>Is Newgen Software Technologies a buy or sell at the current price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The data is mixed rather than one-sided: EPS has grown 10.2% a year over FY24 to FY26, but the stock is 56.9% below its 52-week high. Whether Newgen Software Technologies fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_bull_case_target_and_downside_risk_level_for_Newgen_Software_Technologies_shares\"><\/span><strong>What are the bull case target and downside risk level for Newgen Software Technologies shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The bull case target is Rs 591, which assumes 16.2% EPS growth and a PE of 23.11. The downside risk level is Rs 354, which assumes flat EPS and a PE of 16.08. It marks a risk, not a target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_to_the_Newgen_Software_Technologies_price_target\"><\/span><strong>What are the main risks to the Newgen Software Technologies price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are slower revenue growth, a small market capitalisation of Rs 6,303 crore, a PE de-rating and short-term weakness in the broader market. Each is covered in the risk section above.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_Newgen_Software_Technologies_and_how_does_it_compare_with_the_industry\"><\/span><strong>What is the PE ratio of Newgen Software Technologies and how does it compare with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The PE ratio of Newgen Software Technologies is 20.10 against an industry PE of 17.30. Price to book is 3.54 and return on equity is 18.67%. The base case in the Newgen Software Technologies price target holds this PE constant.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_owns_Newgen_Software_Technologies_and_what_is_the_promoter_holding\"><\/span><strong>Who owns Newgen Software Technologies, and what is the promoter holding?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Promoters held 53.45% of Newgen Software Technologies in June 2026. FII held 13.78%, DII held 8.15% and the public held 24.61%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_Newgen_Software_Technologies_latest_quarterly_results\"><\/span><strong>What were Newgen Software Technologies&#8217; latest quarterly results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> In the June 2026 quarter, Newgen Software Technologies reported revenue of Rs 392.95 crore (up 12.3% year on year) and net profit of Rs 62.82 crore (up 26.3%).<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Newgen Software Technologies share price target for 2027?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The base-case Newgen Software Technologies share price target for 2027 is Rs 487, with Rs 591 as the bull case. The downside risk level, which is not a target, is Rs 354. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.\"}},{\"@type\":\"Question\",\"name\":\"What is the Newgen Software Technologies share price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of 9 October 2026, 3:30 PM IST, Newgen Software Technologies trades at Rs 449.30, up 1.53% on the day. The 52-week range is Rs 401.05 to Rs 1,041.95.\"}},{\"@type\":\"Question\",\"name\":\"Is Newgen Software Technologies a buy or sell at the current price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The data is mixed rather than one-sided: EPS has grown 10.2% a year over FY24 to FY26, but the stock is 56.9% below its 52-week high. Whether Newgen Software Technologies fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. 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FII held 13.78%, DII held 8.15% and the public held 24.61%.\"}},{\"@type\":\"Question\",\"name\":\"What were Newgen Software Technologies' latest quarterly results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"In the June 2026 quarter, Newgen Software Technologies reported revenue of Rs 392.95 crore (up 12.3% year on year) and net profit of Rs 62.82 crore (up 26.3%).\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Newgen Software Technologies share price target 2027: base Rs 487, bull Rs 591, downside risk level Rs 354, built from reported earnings, valuation and shareholding data.<\/p>\n","protected":false},"author":29,"featured_media":300075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[1019],"class_list":["post-300076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["300075"],"rank_math_title":["Newgen Software Technologies Share Price Target 2027"],"rank_math_description":["The Newgen Software Technologies share price target for 2027 is Rs 487 versus Rs 449.30 today. Bull case, downside risk, earnings trend and risks explained. October 2026."],"rank_math_focus_keyword":["Newgen Software Technologies share price target | Density Target: 1.2 to 1.5%"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/newgen-software-technologies-share-price-target-2027-base-and-bull-targets-built.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/300076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=300076"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/300076\/revisions"}],"predecessor-version":[{"id":300077,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/300076\/revisions\/300077"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/300075"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=300076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=300076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=300076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}