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NUCLEUS

NUCLEUS - Nucleus Software Exports Ltd Share Price

IT - Software

998.00-6.70(-0.67%)
Market Closed as of Aug 8, 2025, 15:30 IST

Valuation

Market Cap2.75 kCr
Price/Earnings (Trailing)17.01
Price/Sales (Trailing)3.07
EV/EBITDA11.53
Price/Free Cashflow20.29
MarketCap/EBT12.57
Enterprise Value2.7 kCr

Fundamentals

Revenue (TTM)898.51 Cr
Rev. Growth (Yr)9.4%
Earnings (TTM)163 Cr
Earnings Growth (Yr)24.2%

Profitability

Operating Margin24%
EBT Margin24%
Return on Equity20.02%
Return on Assets14.14%
Free Cashflow Yield4.93%

Price to Sales Ratio

Latest reported: 3

Revenue (Last 12 mths)

Latest reported: 899 Cr

Net Income (Last 12 mths)

Latest reported: 163 Cr

Growth & Returns

Price Change 1W-5.4%
Price Change 1M-11.5%
Price Change 6M-1%
Price Change 1Y-32%
3Y Cumulative Return36.8%
5Y Cumulative Return30%
7Y Cumulative Return17%
10Y Cumulative Return11.8%

Cash Flow & Liquidity

Cash Flow from Investing (TTM)-20.78 Cr
Cash Flow from Operations (TTM)150.94 Cr
Cash Flow from Financing (TTM)-125.8 Cr
Cash & Equivalents50.46 Cr
Free Cash Flow (TTM)135.72 Cr
Free Cash Flow/Share (TTM)51.55

Balance Sheet

Total Assets1.15 kCr
Total Liabilities338.73 Cr
Shareholder Equity814.22 Cr
Current Assets544.36 Cr
Current Liabilities282.55 Cr
Net PPE40.33 Cr
Inventory0.00
Goodwill0.00

Capital Structure & Leverage

Debt Ratio0.00
Debt/Equity0.00
Interest Coverage291.07
Interest/Cashflow Ops202.25

Dividend & Shareholder Returns

Dividend/Share (TTM)12.5
Dividend Yield1.19%
Buy Backs (1Y)-1.7%
Shares Dilution (3Y)-1.7%

Risk & Volatility

Max Drawdown-28.3%
Drawdown Prob. (30d, 5Y)55%
Risk Level (5Y)47.7%
Pros

Past Returns: Outperforming stock! In past three years, the stock has provided 36.8% return compared to 14.6% by NIFTY 50.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Balance Sheet: Strong Balance Sheet.

Technicals: Bullish SharesGuru indicator.

Smart Money: Smart money has been increasing their position in the stock.

Profitability: Very strong Profitability. One year profit margin are 18%.

Cons

Momentum: Stock is suffering a negative price momentum. Stock is down -11.5% in last 30 days.

The Good, Bad and Ugly
Growth
Measures how quickly a company is expanding through metrics like revenue growth, earnings growth, and cash flow growth over time. Strong growth can indicate future potential.
Profitability
Shows how efficiently a company turns business activities into profit, using metrics like profit margins, return on equity (ROE), and return on assets (ROA).
Size
Indicates the company's market presence through metrics like market capitalization, total assets, and revenue. Size can influence stability and market influence.
Dilution Rank
Tracks how much the company's shares have increased or decreased over time. Lower dilution means existing shareholders maintain stronger ownership stakes.
Balance Sheet
Evaluates the company's financial health by analyzing assets, debts, and equity. A strong balance sheet indicates financial stability and flexibility.
Momentum
Measures the strength and speed of price movements, showing whether the stock is gaining or losing market favor over different time periods.
Technicals
Analyzes price patterns, trading volumes, and other market indicators to identify potential trading opportunities and market trends.
Smart Money
Tracks the investment activities of institutional investors, hedge funds, and other large financial players who often have deep research capabilities.
Insider Trading
Monitors buying and selling of company shares by executives, directors, and other insiders who may have unique insights into the company's prospects.

Investor Care

Dividend Yield1.19%
Dividend/Share (TTM)12.5
Buy Backs (1Y)-1.7%
Earnings/Share (TTM)61.51

Financial Health

Current Ratio1.93
Debt/Equity0.00

Technical Indicators

RSI (14d)18.17
RSI (5d)17.93
RSI (21d)28.02
MACD SignalSell
Stochastic Oscillator SignalBuy
Grufity SignalBuy
RSI SignalBuy
RSI5 SignalBuy
RSI21 SignalBuy
SMA 5 SignalSell
SMA 10 SignalSell
SMA 20 SignalSell
SMA 50 SignalSell
SMA 100 SignalSell

Summary of Latest Earnings Report from Nucleus Software Exports

Summary of Nucleus Software Exports's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Last updated:

Management's outlook for Nucleus Software Exports Limited is optimistic, reflecting steady progress and plans for future growth. Key highlights from the earnings call include:

  1. Financial Performance: The consolidated revenue for Q4 FY2025 was Rs. 228.9 crore, up from Rs. 205.7 crore QoQ and Rs. 210.3 crore YoY. For the entire year, revenue was Rs. 832.3 crore, slightly up from Rs. 826.5 crore in the previous year.

  2. Revenue Breakdown: Product revenue for the quarter was Rs. 199.6 crore (up from Rs. 174.8 crore QoQ and Rs. 179.4 crore YoY), while project and services revenue stood at Rs. 29.4 crore.

  3. Profitability: EBITDA increased to Rs. 74.3 crore for the quarter, significantly higher than Rs. 33.0 crore QoQ and Rs. 58.0 crore YoY. Net profit for the quarter was Rs. 64.8 crore, up from Rs. 35 crore QoQ and Rs. 52.1 crore YoY.

  4. Focus Areas for FY2026: Management emphasized three main imperatives:

    • Platform expansion and product innovation,
    • Development of AI capabilities,
    • Enhancing global customer impact.
  5. Order Book: As of the end of the quarter, the total order book stood at INR 600 crore, indicating robust demand, with 27.8% of revenue coming from the top five clients.

  6. Investment in Talent: The company reported an attrition rate of around 11%, lower than the industry average. Continuous employee engagement and performance-linked incentives are being utilized to retain talent.

Overall, management's outlook suggests a commitment to leveraging technological advancements, particularly in AI, while focusing on customer success and potential revenue growth from an expanding order book.

Last updated:

Major Questions and Answers from the Earnings Call of Nucleus Software on May 19, 2025


Q1: What has been the attrition rate over the years? What kind of incentives do you provide to retain employees?

A1: Our attrition over the last couple of years averages less than 11%, significantly below the industry average. We focus on continuous engagement, offering robust career development opportunities. We also proactively address employee concerns to mitigate dissatisfaction. Our compensation structure includes a variable bonus linked to individual and organizational performance, encouraging employees to stay for their fair share of earnings.


Q2: What is the typical sales cycle for converting a customer? What causes delays?

A2: The sales cycle usually spans 8 to 18 months. Delays primarily occur because technology discussions have risen to the board level, involving more stakeholders, thus lengthening the decision-making process. While this may slow things down, it highlights the increasing strategic importance of technology in business growth.


Q3: What are the bases for selecting customers, and why are they important?

A3: We have established guidelines and a governance framework to evaluate potential customers. For instance, we avoid engaging with financial institutions if their business model lacks clarity. It's crucial to have a robust understanding of their regulatory environment and business model before investing time and effort in onboarding them.


Q4: What is the current order book and its composition?

A4: Our order book currently stands at approximately INR 600 crores, including both product and services. The breakdown for services generally accounts for about 14-15% of our total revenue.


Q5: Can you elaborate on the three key imperatives for FY 26 related to platform expansion and AI?

A5: Our focus this year includes implementing AI capabilities in both retail lending and transaction banking products. We have identified a long list of use cases we plan to roll out, reflecting our clear strategy towards AI integration across our offerings to enhance customer value.


Q6: How did the recent revenue increase from INR 205 crore to INR 228.9 crore happen?

A6: The growth results from a combination of adding new business from new customers, increased trust leading to additional business from existing clients, and improved efficiency across the organization in delivering projects.


Q7: What plans do you have for using cash limits at this juncture, particularly regarding buybacks or dividends?

A7: Currently, we are not considering buybacks or special dividends. This decision reflects our focus, and future discussions regarding cash surplus strategies will be taken as needed.


Q8: What are your capabilities regarding AI investments?

A8: AI is a key part of our R&D and permeates our product development. We do not allocate a specific budget for AI but channel significant resources into it due to its strategic importance. Our aim is to implement many use cases quickly, with a focus on immediate integration into existing products.


Q9: Have you lost any customers this quarter?

A9: Yes, we lost two customers in the last six months. This dynamic underscores the competitive landscape in which we operate.


Q10: How do you perceive your pricing model evolving with AI adoption?

A10: We maintain a mixed pricing model, including user-based and transaction-based pricing. As AI capabilities enhance the functionality of our products, we anticipate that pricing may adjust accordingly to reflect this added value.


Each answer here encapsulates the core of the questions while adhering to the character limit requirement. The details provided ensure clarity on the company's outlook and strategies.

Revenue Breakdown

Analysis of Nucleus Software Exports's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.

Last Updated: Jun 30, 2025

DescriptionShareValue
India58.2%126.7 Cr
South East Asia12.0%26.2 Cr
Middle East10.7%23.2 Cr
Others7.3%15.9 Cr
Europe4.9%10.7 Cr
Far East3.2%7 Cr
Australia2.7%5.8 Cr
Africa1.0%2.1 Cr
Total217.7 Cr

Share Holdings

Understand Nucleus Software Exports ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Share Holding Details

Shareholder NameHolding %
KARMAYOGI HOLDINGS PRIVATE LTD33.59%
MADHU DUSAD11.44%
NUCLEUS SOFTWARE ENGINEERS PVT LTD9.06%
VISHNU R DUSAD5.98%
RITIKA DUSAD3.8%
KRITIKA DUSAD3.8%
YOGESH ANDLAY3.28%
NUCLEUS SOFTWARE WORKSHOP PRIVATE LIMITED2.28%
BARCA GLOBAL MASTER FUND, LP2.04%
WHITEOAK CAPITAL FLEXI CAP FUND1.35%
NAVEEN KUMAR0.27%
SUMAN MATHUR0.09%
CARD SYSTEMS PRIVATE LIMITED0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Is Nucleus Software Exports Better than it's peers?

Detailed comparison of Nucleus Software Exports against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker
Name
Mkt Cap
Revenue
Price %, 1M
Returns, 1Y
P/E
P/S
Rev 1-Yr
Inc 1-Yr
COFORGECOFORGE56.48 kCr13.5 kCr-10.20%+33.60%56.634.18--
INTELLECTINTELLECT DESIGN ARENA14.41 kCr2.69 kCr-7.20%+4.00%40.425.35--
SONATSOFTWSonata Software11.58 kCr10.23 kCr-0.20%-42.20%26.991.13--
3IINFOLTD3i Infotech400.66 Cr741.51 Cr-8.50%-36.30%7.30.54--

Sector Comparison: NUCLEUS vs IT - Software

Comprehensive comparison against sector averages

Comparative Metrics

NUCLEUS metrics compared to IT

CategoryNUCLEUSIT
PE17.0133.85
PS3.077.01
Growth2.4 %4.5 %
0% metrics above sector average

Performance Comparison

NUCLEUS vs IT (2021 - 2025)

NUCLEUS is underperforming relative to the broader IT sector and has declined by 2.9% compared to the previous year.

Key Insights
  • 1. NUCLEUS is among the Top 5 Software Products companies by market cap.
  • 2. The company holds a market share of 5.4% in Software Products.
  • 3. In last one year, the company has had a below average growth that other Software Products companies.

Income Statement for Nucleus Software Exports

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

Balance Sheet for Nucleus Software Exports

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

Cash Flow for Nucleus Software Exports

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

What does Nucleus Software Exports Ltd do?

Nucleus Software Exports Limited provides lending and transaction banking products to the financial services industry in India, the Far East, South East Asia, Europe, the Middle East, Africa, Australia, and internationally. Its products include FinnOne Neo, a lending solution designed to support retail, corporate, and Islamic sectors for banks and other financial service companies; FinnOne Neo customer acquisition system, a loan origination software; FinnOne Neo loan management system; FinnOne Neo collections, a automation-ready framework for quick interfaces; PaySe, an online and offline digital payment solution; and other software services. The company offers FinnOne Neo, a digital lending platform; FinnAxia, an integrated global transaction banking solution comprising global receivables, global payments, global liquidity management, financial supply chain management, financial supply chain management, virtual account management, digital compass, e-Trade Finance, and business internet banking; FarEdge anomaly detector, a solution for productivity and security. In addition, it provides testing, consulting, application development, maintenance, and infrastructure management services. The company was founded in 1986 and is based in Noida, India.

Industry Group:IT - Software
Employees:1,890
Website:www.nucleussoftware.com