Newgen Software Technologies Share Price Target 2026: Stock Analysis, Share Price Today, Bull Case and Bear Case After Q1 FY27

Newgen Software Rs 456.60 (6 Oct 2026 close). 52-week range Rs 401.05 to Rs 1,041.95. Q1 FY27 revenue Rs 357 cr, up 11%; profit Rs 62.8 cr, up 26%.

The Newgen Software Technologies share price target for 2026 is Rs 408 to Rs 510 in the Univest base case, with the stock at Rs 456.60 at the 6 October 2026 close. That is 56.2 percent below its 52-week high of Rs 1,041.95 and 13.9 percent above its 52-week low of Rs 401.05, and the stock moved down 47.6 percent over the past year. Newgen Software Technologies sells low-code process automation and content software to banks, governments and enterprises. It has almost no debt and the dividend yield is 1.30 percent.

Three things changed since the last update: Q1 FY27 results on 16 July showed profit down 41 percent from the previous quarter, Tarun Nandwani became CEO on 1 August, and the stock fell 6 percent in the week of 28 September. This Newgen Software Technologies stock analysis covers the Newgen Software Technologies share price today, the Newgen Software Technologies share price target for 2026, 2027 and 2030, the Q1 FY27 numbers, catalysts and risks, key price levels and a Newgen Software Technologies buy or sell view.

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What Is the Newgen Software Technologies Share Price Target for 2026?

The 2026 target for Newgen Software Technologies shares is Rs 408 to Rs 510 in the Univest base case, which is -10.6% to +11.7% against the last close. The bull case is Rs 620 to Rs 713 and the bear case is Rs 240 to Rs 296. No brokerage price target was available on the sources we track as of 6 October 2026, so every range below is a Univest research scenario. Analyst consensus is used as a cross-check, not as the base.

Newgen Software Technologies Share Price Target Scenarios: Bull Case, Base Case and Bear Case

Scenario	FY28E EPS	Target Multiple	Price Target (Rs)	Move vs Rs 456.60
Bull Case	Rs 31	20x to 23x	620 to 713	+35.8% to +56.2%
Base Case	Rs 25.5	16x to 20x	408 to 510	-10.6% to +11.7%
Bear Case	Rs 18.5	13x to 16x	240 to 296	-47.4% to -35.2%

FY28 EPS of Rs 25.50 in the base case compares with trailing EPS of Rs 22.01 and assumes annuity revenue growth near 14 percent and EBIT margin near 20 percent. Software stocks trade at 16 to 20 times earnings, and the stock trades at about 18 times the base estimate. The PE multiple used for each case is shown in the table, and the EPS estimate is a Univest assumption, not company guidance. Those assumptions set the Newgen Software Technologies share price target range around the current price.

Newgen Software Technologies Company Overview and Share Price Today as of 6 October 2026

Newgen Software Technologies share price today is Rs 456.60 on the NSE at the 6 October 2026 close, before the market opens on 7 October. The market capitalisation is Rs 6,513 crore, and the stock trades at 20.8 times earnings against an industry average of 17.5 times. The Univest base case Newgen Software Technologies share price target of Rs 408 to Rs 510 is -10.6% to +11.7% from here. The table below sets out the key numbers behind the Newgen Software Technologies share price target.

Parameter	Value	Context
NSE Ticker	NEWGEN	BSE code 540900
Sector	Enterprise software	Per Univest sector classification
Last Close (NSE)	Rs 456.60	6 Oct 2026 close
52-Week High	Rs 1,041.95	CMP is 56.2% below
52-Week Low	Rs 401.05	CMP is 13.9% above
1-Year Return	About -48%	Weekly close Rs 871.9 on 10 Oct 2025 to Rs 456.6
Market Capitalisation	Rs 6,513 crore	Small cap software firm
Trailing P/E	About 20.8x	Industry P/E about 17.49x
P/B Ratio	About 3.66x	Book value Rs 124.81 per share
EPS (TTM)	Rs 22.01	Trailing twelve months
Return on Equity	About 18.7%	Debt to equity 0.02
Dividend Yield	About 1.30%	About Rs 6 a share
12-Month Target (Base Case)	Rs 408 to Rs 510	Univest base case
Bull Case	Rs 620 to Rs 713	+35.8% to +56.2%
Bear Case	Rs 240 to Rs 296	-47.4% to -35.2%

Track live price, fundamentals and results for Newgen Software Technologies on the Univest Screener.

How Did Newgen Software Technologies Perform in Q1 FY27?

Newgen Software Technologies reported Q1 FY27 consolidated revenue of Rs 356.68 crore, up 11.2 percent, and profit after tax of Rs 62.82 crore, up 26.3 percent. EBITDA rose 24 percent to Rs 55.9 crore at a margin of 15.7 percent. Together these Q1 FY27 numbers anchor the Newgen Software Technologies share price target.

Metric	Q1 FY27	Context
Revenue from Operations	Rs 356.68 crore	Up 11.2% YoY; down 21.2% QoQ
EBITDA	Rs 55.9 crore	Up 24%; margin 15.7%
Profit After Tax	Rs 62.82 crore	Up 26.3% YoY; down 40.9% QoQ
Annuity Revenue	Rs 254 crore	Up 14% YoY
Subscription Revenue	Rs 146 crore	Up 21% YoY
US Revenue	Rs 92 crore	Up 28% YoY

Revenue fell from Rs 453 crore in the strong fourth quarter, which is a seasonal pattern. EMEA revenue grew 10 percent to Rs 114 crore, APAC grew 12 percent to Rs 56 crore and India was flat at Rs 96 crore, and profit included high treasury income and a legal provision. The FY27 outlook from management is the main input for these estimates. These numbers sit behind every range in the scenario table above, so they anchor the Newgen Software Technologies share price target.

Why Is Newgen Software Share Price Down 48 Percent in a Year?

Newgen Software shares are down about 48 percent in a year because software stocks sold off and the Q4 FY26 profit of Rs 106 crore proved a seasonal peak. The stock fell 17 percent in the week of 19 January on volume of 1.34 crore shares, after hitting Rs 1,041.95 in October 2025.

A spike to Rs 637.50 in the week of 16 February on 15.6 crore shares faded, and the stock made a low of Rs 401.05 in the week of 30 March. After Q1 results it fell 3.3 percent to Rs 540.65 and then slid to Rs 456.60. The Newgen Software Technologies share price target scenarios below account for that move.

Key Catalysts for the Newgen Software Technologies Share Price Target in 2026

4 catalysts matter most for the Newgen Software Technologies share price target, and sector tailwinds in Enterprise software are part of the case. Together they decide whether the base case is reached.

1. Annuity Revenue

Annuity revenue grew 14 percent to Rs 254 crore and subscription grew 21 percent. Recurring income gives stable cash flow. If it plays out, the Newgen Software Technologies share price target moves toward the top of the base range.

2. US Growth

US revenue grew 28 percent to Rs 92 crore. Newgen is expanding its global base. Strength here would support the upper end of the Newgen Software Technologies share price target.

3. SaaS Growth

SaaS and licence subscription revenue grew 40 percent to Rs 60 crore. Cloud mix lifts margin over time. Delivery on this point keeps the Newgen Software Technologies share price target on track.

4. New Leadership

Tarun Nandwani is CEO and Pramod Kumar is chief growth officer from 1 August. A focus on AI and global growth is stated. Better news here would lift the Newgen Software Technologies share price target toward the bull case.

What Are the Key Risks to the Newgen Software Technologies Share Price Target?

The main risks are seasonal swings, India weakness, AI disruption fears and leadership change. Each can pull the Newgen Software Technologies share price target lower.

Seasonal Swings

Revenue fell 21 percent from Q4 to Q1. Investors who read the sequential drop may sell. If it materialises, the Newgen Software Technologies share price target would slip toward the bear case.

India Weakness

India revenue was flat at Rs 96 crore. Slow government and bank orders would hold growth down. This is the main downside risk to the Newgen Software Technologies share price target.

AI Disruption Fears

The stock fell sharply in the software sell-off. A bear case EPS of Rs 18.50 at 13 times would put the price near Rs 240. A worsening here would cut the Newgen Software Technologies share price target toward the low end of the range.

Leadership Change

A new CEO took over on 1 August. Execution risk is higher during the handover. Watch it closely, because it can pull the Newgen Software Technologies share price target lower quickly.

Newgen Software Technologies Stock Analysis: Support and Resistance Levels for the Share Price Target

Newgen Software Technologies stock analysis on weekly charts shows a range of Rs 453 to Rs 528 since mid-September, with the stock at the lower end.

The first support level is Rs 453 to Rs 454, the lows of the weeks of 28 September and 5 October. Below that, Rs 436 to Rs 437 marks the March and May lows, and Rs 401.05 is the 52-week low.

The first resistance level is Rs 472.55, the high of the week of 5 October. Above that, Rs 483 to Rs 493 marks the highs of the weeks of 21 and 28 September and Rs 498 to Rs 528 marks the early-September levels. These levels come from weekly price action, are not trade recommendations, and frame the near-term Newgen Software Technologies share price target.

Newgen Software Technologies Share Price Target 2026, 2027 and 2030: Short, Medium and Long Term

Short-Term Newgen Software Technologies Share Price Target (3 to 6 Months)

In the near term the stock is likely to trade between Rs 453 and Rs 493, from the late-September low to the high of the week of 28 September. A close above Rs 473 would put Rs 493 in play, while a weekly close under Rs 453 would put Rs 436 in play. The Q2 FY27 results are the main trigger. This range anchors the near-term Newgen Software Technologies share price target.

12-Month and 2027 Newgen Software Technologies Share Price Target

The 12-month target price is Rs 408 to Rs 510, valued on 16 to 20 times FY28 EPS of Rs 25.5. The range across scenarios runs from Rs 240 in the bear case to Rs 713 in the bull case.

Long-Term Newgen Software Technologies Share Price Target for FY29 to 2030

For FY29 to 2030 the Univest scenario range is Rs 496 to Rs 740. This assumes EPS of Rs 31 in FY29 and Rs 37 in FY30 and a multiple of 16 to 20 times. It needs annuity revenue to keep growing about 14 percent and EBIT margin to recover toward 25 percent. This is the long-term Newgen Software Technologies share price target in the Univest scenarios.

Bull Case and Bear Case for Newgen Software Technologies Share Price Target

Bull Case Rs 620 to Rs 713

The bull case of Rs 620 to Rs 713 for the Newgen Software Technologies share price target needs EPS of Rs 31 and the market to pay 20 to 23 times for it. It is +35.8% to +56.2% from the last close.

Bear Case Rs 240 to Rs 296

The bear case of Rs 240 to Rs 296 for the Newgen Software Technologies share price target equals 13 to 16 times FY28 EPS of Rs 18.5 and sits below the Rs 401.05 low. It is -47.4% to -35.2% from the last close.

Is Newgen Software Technologies a Good Buy at Rs 457? Newgen Software Technologies Buy or Sell View

Whether Newgen Software Technologies is a buy at Rs 456.60 depends on horizon and risk appetite. The base case sits between 11 percent below and 12 percent above the current price, the stock is 56 percent below its high, and the open question is margin. The Newgen Software Technologies share price target range is the starting point for that decision.

Long-term holders may focus on annuity revenue, margin and the new CEO, and treat Rs 453 as the level to watch. Short-term traders may prefer to wait for a close above Rs 473. Check institutional holding in the September quarter filing for signs of accumulation or selling. Consult a SEBI-registered advisor before acting, since this Newgen Software Technologies buy or sell view is educational.

How to Invest in Newgen Software Technologies Shares

Step 1: Check the live price, valuation and the latest Newgen Software Technologies share price target range on the Univest Screener.

Step 2: Open a demat and trading account with a SEBI-registered broker such as Univest before acting on any Newgen Software Technologies share price target.

Step 3: Search for NEWGEN on the NSE or 540900 on the BSE in your trading app.

Step 4: Place a limit order near your planned entry and size the position so a fall to Rs 240 is bearable.

Step 5: Track annuity growth, margin and Q2 FY27 results and set price alerts on the Univest App to follow any change in the Newgen Software Technologies share price target.

Conclusion

Newgen Software Technologies closed at Rs 456.60 against a Univest base case share price target of Rs 408 to Rs 510, a bull case of Rs 620 to Rs 713 and a bear case of Rs 240 to Rs 296. Q1 FY27 delivered revenue growth of 11.2 percent and profit growth of 26.3 percent, with annuity revenue at Rs 254 crore. The main risks are seasonal swings, India weakness and a leadership change.

The stock is 56.2 percent below its 52-week high, so the base case sits between 11 percent below and 12 percent above the current price. The triggers to watch are annuity growth, margin and Q2 FY27 results and the Rs 453 and Rs 473 levels. Re-check the Newgen Software Technologies share price target after each quarterly result. Investors with a long horizon and tolerance for volatility can track these triggers, while others may prefer to size positions carefully.

Download the Univest iOS App or Univest Android App to track Newgen Software Technologies live price and get daily stock recommendations.

FAQs on Newgen Software Technologies Share Price Target 2026

What is the Newgen Software Technologies share price target for 2026?

Ans. The Newgen Software Technologies share price target for 2026 is Rs 408 to Rs 510 in the Univest base case, with a bull case of Rs 620 to Rs 713 and a bear case of Rs 240 to Rs 296. No brokerage target was available on the sources we track as of 6 October 2026, so these are Univest research scenarios. These are estimates and can change after the Q2 FY27 results.

What is the Newgen Software Technologies share price target for 2027?

Ans. The Newgen Software Technologies share price target for 2027 is Rs 408 to Rs 510 in the base case, valued on 16 to 20 times FY28 EPS of Rs 25.5. The scenario range runs from Rs 240 to Rs 713.

Is Newgen Software Technologies a good buy at Rs 456.60?

Ans. Whether Newgen Software Technologies is a good buy at Rs 456.60 depends on your horizon, risk appetite and how you read the Newgen Software Technologies share price target. Annual profit is growing 26 percent and recurring revenue is strong, but the stock fell sharply and the quarter showed a seasonal drop. Consult a SEBI-registered advisor before investing.

What are the key risks to the Newgen Software Technologies share price target?

Ans. The key risks to the Newgen Software Technologies share price target are seasonal swings, india weakness, ai disruption fears and leadership change. Revenue fell 21 percent from Q4 to Q1. Investors who read the sequential drop may sell.

What are the key catalysts for the Newgen Software Technologies share price target?

Ans. The key catalysts for the Newgen Software Technologies share price target are annuity revenue, us growth, saas growth and new leadership. Annuity revenue grew 14 percent to Rs 254 crore and subscription grew 21 percent. Recurring income gives stable cash flow.

Where can I track Newgen Software Technologies share price today and Newgen Software Technologies share price target updates?

Ans. You can track the live Newgen Software Technologies share price, results and any change to the Newgen Software Technologies share price target on the Univest Screener and the Univest App. Download the Univest iOS App or Univest Android App for research from SEBI-registered analysts.

What are Newgen Software Technologies's 52-week high and low?

Ans. Newgen Software Technologies's 52-week high is Rs 1,041.95 and its 52-week low is Rs 401.05, based on weekly NSE data. At Rs 456.60 the stock is 56.2 percent below the high and 13.9 percent above the low. Both levels frame the Newgen Software Technologies share price target.

How to buy Newgen Software Technologies shares?

Ans. Open a demat account with a SEBI-registered broker such as Univest, search for NEWGEN on the NSE or 540900 on the BSE, and place a limit order near your entry price, using the Newgen Software Technologies share price target range as a guide. Size the position so a fall to Rs 240 is bearable, and check the live price on the Univest Screener first.