SaaS Companies in the Listed Universe in India

[Unknowninvestor]

Reposting my comments on the q 4 20-21 results of newgen software

Reposting For contextual relevance purposes only

Newgen Software

The sales growth is marginal. This specially when last year sales were affected due to covid. Profitability has increased significantly primarily due to curtailing of SG&A costs. If you go through their quarterly presentations, you will find that they are two primary challenges Their sales growth has been low in the last two years. In 18-19 some india PSUs merged and they lost some big deals. In 19-20 there was covid in last quarter. In 20-21 there was lockdown on first quarter. There is…