Analysts/Institutional Investor Meet/Con. Call Updates

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: 21st July 2026 BSE Limited National Stock Exchange of India Phiroze Jeejeebhoy Towers, Limited Dalal Street, Exchange Plaza, Plot No. C/1, G Block, Mumbai – 400001 Bandra- Kurla Complex Bandra (E), Mumbai – 400051 Ref.: Newgen Software Technologies Limited Ref.: Newgen Software Technologies (NEWGEN/INE619B01017) Limited Scrip Code – 540900 (NEWGEN/INE619B01017) Sub.: Outcome Transcript – Conference Call – Q1 FY’27 Dear Sir/Ma’am As intimated earlier through our letter dated 13th July 2026 regarding the Conference Call of the Company, which was held on Thursday, 16th July 2026 at 4:00 P.M. (IST), please find enclosed herewith a copy of the transcript of the said call with the Investors/ Analysts. The transcript of the said call shall be made available on the Company’s website at https://newgensoft.com. This is for your kind information and record. Thanking you. For Newgen Software Technologies Limited Aman Mourya Company Secretary & Head-Legal Encl.: a/a “Newgen Software Technologies Limited Q1 FY '27 Earnings Conference Call” July 16, 2026 MANAGEMENT: MR. T.S. VARADARAJAN – VICE CHAIRMAN AND WHOLE-TIME DIRECTOR – NEWGEN SOFTWARE TECHNOLOGIES LIMITED MR. VIRENDER JEET – CHIEF EXECUTIVE OFFICER – NEWGEN SOFTWARE TECHNOLOGIES LIMITED MR. TARUN NANDWANI – CHIEF OPERATING OFFICER – NEWGEN SOFTWARE TECHNOLOGIES LIMITED MR. ARUN GUPTA – CHIEF FINANCIAL OFFICER – NEWGEN SOFTWARE TECHNOLOGIES LIMITED MS. DEEPTI MEHRA CHUGH – HEAD, INVESTOR RELATIONS – NEWGEN SOFTWARE TECHNOLOGIES LIMITED MODERATOR: MS. SEEMA NAYAK – ICICI SECURITIES LIMITED Page 1 of 14 Newgen Software Technologies Limited July 16, 2026 Moderator: Ladies and gentlemen, good day, and welcome to Newgen Q1 FY '27 Earnings Call. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand over the call to Ms. Seema Nayak from ICICI Securities. Thank you, and over to you, Ms. Seema. Seema Nayak: Thank you. Good evening, and welcome to the Q1 FY '27 Earnings Call of Newgen Software Technologies. On behalf of ICICI Securities, it's my pleasure to introduce the senior management team of Newgen. We have with us today Mr. T. S. Varadarajan, Vice Chairman and Whole-Time Director; Mr. Virender Jeet, Chief Executive Officer; Mr. Tarun Nandwani, Chief Operating Officer; Mr. Arun Gupta, Chief Financial Officer; and Ms. Deepti Mehra Chugh, Head of Investor Relations. I now hand over the call to Ms. Deepti for further proceedings. Thank you, and over to you Deepti. Deepti Chugh: Thank you so much, Seema. Good evening, everyone. Before we move on to the discussion, let me highlight that this call may contain certain forward-looking statements concerning Newgen's future business prospects and profitability, which are subject to a number of risks and uncertainties, and the actual results could materially vary from the forward-looking statements. Past performance may not be indicative of future performance, and the company does not undertake to make any announcement in case any of these forward-looking statements become materially incorrect or update any forward-looking statements made from time to time by or on behalf of the company. For any further details, you may please refer to the Investor Relations section of our website. I will now hand over to Mr. Varadarajan for presentation of the results, and that will be followed by a Q&A by Tarun and team. Thank you. T. S. Varadarajan: Thank you. Good evening, everyone. Thank you for joining us today for our Q1 FY '27 earnings call. To begin with, as Newgen continues to advance its vision of orchestrating intelligent enterprises, we have shared important leadership announcement during the quarter that will guide the company into its next phase of growth. As Jeet has decided to step down from his role, Tarun has been appointed as Chief Executive Officer at Newgen effective August 1, 2026. Tarun has been associated with Newgen for the past 33 years and has been a key contributor to Newgen's growth journey. He will drive the next chapter of growth at Newgen. We have also created the role of Chief Growth Officer at Newgen, and Pramod has been appointed to his -- he will lead Newgen's growth agenda with a focus on driving growth strategy, product alignment, AI enablement, global market expansion and ecosystems development. These appointments reflect Newgen's commitment to leadership continuity and our confidence to the opportunities ahead. I would like to take this opportunity to thank Jeet for his outstanding leadership and invaluable contributions in shaping Newgen into the global organization it is today. We wish him continued success in the next chapter of his journey. With that note, we now move to the financial performance for the first quarter of FY '27. Page 2 of 14 Newgen Software Technologies Limited July 16, 2026 We have started FY '27 on a steady note with Q1 reflecting continued resilience in our business model, sustained customer engagement and healthy momentum to our annuity-led revenue streams. During the quarter, our revenue from operations stood at INR357 crores, representing year-on-year growth of 11%. A key highlight of the quarter was the continued strength of our annuity revenues. Total annuity revenue stood at approximately INR254 crores, witnessing a growth of 14% Y-o-Y. With this SaaS and license subscription revenue continued to grow strongly, reaching approximately INR60 crores for the quarter and growing at 40% Y-o-Y. This reinforces the increasing predictability and durability of our revenue base as more and more customers continue to engage with Newgen through subscription-led and recurring models. From a geography perspective, we saw broad-based contribution across all markets. EMEA remained the largest contributor during the quarter at approximately INR114 crores, followed by India at approximately INR96 crores, the U.S.A at approximately INR92 crores and APAC at approximately INR56 crores. This geographic diversification continues to support the resilience of our business and provides multiple levers for growth across markets. U.S. geography witnessed a strong growth of 27% Y- o-Y, followed by APAC geography at 12%, EMEA geography at 10%. Implementation revenues had been weaker in the quarter due to the slowest project starts across markets, especially EMEA. We added 10 new logos during the quarter. Our key wins in the quarter include a core insurance platform policy administration system transformation project for a customer in Kuwait valued at approximately INR26.7 crores, a retail loan origination solution deployment for an automation in the Philippines valued at INR16.2 crores, an order from Annapurna Finance Private Limited in India for the implementation, maintenance of AI-enabled loan origination and collection system valued at INR15.6 crores, an engagement with a leading U.K. enterprise to implement Newgen's enterprise content management platform valued at INR14.5 crores. Our industry mix also continues to reflect the strength of our focus on complex, regulated and process-intensive sectors. Banking and financial services remained our largest vertical, contributing approximately INR225 crores during the quarter and growing at 5%. Insurance and health care also continue to be an important growth area, contributing approximately INR79 crores and growing at 58%. These sectors continue to prioritize automation, digital transformation, customer experience, compliance and increasing AI-led modernization. As we had mentioned earlier, enterprise [Showing first 8,000 characters — download PDF for full document]