ValuePickr Forum

Newgen Software

(john_galt) #21

Their major buyer are government organisations like LIC, Armed Forces etc.

In govt. the financial year cycle for expenditure usually impacts procurement and a lot of bunching up happens at March end.

(hamed) #22

Thanks. Something to look forward in this quarter result, as q4 base is higher and if it grows on it then story will be even more stronger, but if they managed to spread out in earlier quarters then it will be punctured little bit, though from long term perspective it is nice to not have consistent revenue across quarters…

(Prasad India) #23

2019 Q4 results released.
Looks good going and traction in orders. To be observed further.
Results:https://go.newgensoft.com/acton/attachment/13651/f-3d19c8a8-dacf-451e-acb4-b04eb7fe1676/1/-/-/-/-/NewgenOutcomeBM15052019.pdf
Press release: https://newgensoft.com/wp-content/uploads/2018/03/Newgen-Press-Release-Q4-FY19-FINAL.pdf
Presentation: https://go.newgensoft.com/acton/attachment/13651/f-6572e079-cb5c-4c23-86ef-24f643eb7f51/1/-/-/-/-/Newgen%20-%20Investor%20Presentation%20Mar%202019%20FINAL.pdf