
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
Profitability: Very strong Profitability. One year profit margin are 16%.
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Technicals: Bullish SharesGuru indicator.
Momentum: Stock has a weak negative price momentum.
Smart Money: Smart money looks to be reducing their stake in the stock.
Past Returns: In past three years, the stock has provided 5.4% return compared to 9.3% by NIFTY 50.
Valuation | |
|---|---|
| Market Cap | 2.09 kCr |
| Price/Earnings (Trailing) | 14.21 |
| Price/Sales (Trailing) | 2.21 |
| EV/EBITDA | 9.64 |
| Price/Free Cashflow | 19.61 |
| MarketCap/EBT | 10.66 |
| Enterprise Value | 2.05 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 946.08 Cr |
| Rev. Growth (Yr) | 6.3% |
| Earnings (TTM) | 146.96 Cr |
| Earnings Growth (Yr) | -40.8% |
Profitability | |
|---|---|
| Operating Margin | 23% |
| EBT Margin | 21% |
| Return on Equity | 17.32% |
| Return on Assets | 11.95% |
| Free Cashflow Yield | 5.1% |
Growth & Returns | |
|---|---|
| Price Change 1W | 1.6% |
| Price Change 1M | -8.7% |
| Price Change 6M | -20.9% |
| Price Change 1Y | -3.2% |
| 3Y Cumulative Return | 5.4% |
| 5Y Cumulative Return | 9.9% |
| 7Y Cumulative Return | 12.7% |
| 10Y Cumulative Return | 14.5% |
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 & Equivalents | 42.23 Cr |
| Free Cash Flow (TTM) | 135.72 Cr |
| Free Cash Flow/Share (TTM) | 51.55 |
Balance Sheet | |
|---|---|
| Total Assets | 1.23 kCr |
| Total Liabilities | 380.85 Cr |
| Shareholder Equity | 848.73 Cr |
| Current Assets | 524.18 Cr |
| Current Liabilities | 312.56 Cr |
| Net PPE | 48.38 Cr |
| Inventory | 0.00 |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | 156.99 |
| Interest/Cashflow Ops | 192.06 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 12.5 |
| Dividend Yield | 1.4% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | -1.7% |
Profitability: Very strong Profitability. One year profit margin are 16%.
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Technicals: Bullish SharesGuru indicator.
Momentum: Stock has a weak negative price momentum.
Smart Money: Smart money looks to be reducing their stake in the stock.
Past Returns: In past three years, the stock has provided 5.4% return compared to 9.3% by NIFTY 50.
Investor Care | |
|---|---|
| Dividend Yield | 1.4% |
| Dividend/Share (TTM) | 12.5 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 55.82 |
Financial Health | |
|---|---|
| Current Ratio | 1.68 |
| Debt/Equity | 0.00 |
Technical Indicators | |
|---|---|
| RSI (14d) | 55.36 |
| RSI (5d) | 57.97 |
| RSI (21d) | 49.02 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal | Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
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.
Management's outlook for Nucleus Software remains cautious yet optimistic as they navigate ongoing challenges while strategically positioning for long-term growth. During the earnings call for Q3 FY2026, the management noted a steady performance in order bookings and project implementations, reflecting their commitment to long-term strategies.
Key forward-looking points include:
Order Book Status: The company's order book stands at INR 656.68 crores, a slight decline from INR 671.10 crores in the previous quarter, highlighting a tight pipeline management with a focus on conversion towards FY27.
New Client Acquisition: Management reported the addition of seven new logos for the fiscal year, all related to the newer FinnOne Neo platform, demonstrating progress in expanding their customer base while emphasizing the shift towards more advanced technology.
Migration Timeline: The management indicated that the migration from the older FinnOne platform to FinnOne Neo is an ongoing process, expecting to complete it over the next 3 to 4 years.
Revenue Insights: Consolidated revenue for the quarter reached INR 220.03 crores, a slight increase from INR 213.51 crores QoQ, driven primarily by product revenue at INR 185.58 crores.
AI Integration: The company is actively embedding AI capabilities as part of their product offerings, responding to customer demands and enhancing their services.
Market Trends: Management emphasized growth opportunities in sectors such as the MSME segment, gold loans, and co-lending, anticipating these areas will drive future revenue growth.
Cost of Delivery: The cost of delivery has decreased to 70.4% of revenue, which management aims to maintain, though they acknowledge it may rise due to new labor laws in the future.
Capital Allocation Strategy: With substantial cash reserves of INR 971.60 crores, management remains cautious about capital allocation, considering potential investments in AI and technology before contemplating dividends or buybacks.
Overall, the management's outlook balances the present challenges with optimistic growth strategies, although they refrain from providing specific revenue guidance.
Answer: The migration process is ongoing; it's challenging to quantify progress. We're working to upgrade customers who are comfortable with existing products. Some large customers have migrated, while others are still transitioning. It's a time-consuming journey, and while we wish to complete it soon, I estimate it might take 3 to 4 years to finalize the migration for our total installed base.
Answer: We might see an uptick in the cost of delivery due to new labor codes, which will impact our P&L. Although the recent figures have been promising, various initiatives, including AI adoption, could help manage delivery costs. However, it's tough to assert a specific percentage increase, as other factors such as geographical expansions may also cause fluctuations in costs.
Answer: Yes, we have added two logos this quarter. Over the full year, we have brought on seven new logos. These new clients are all on our latest versions, as it's critical for us to migrate them to newer platforms rather than keeping them on older versions.
Answer: The Australian market presents a high yield but lower density compared to markets like India and the Middle East. While we maintain a sales presence and gather market feedback, growth is gradual. We are optimistic about our positioning but currently face slower market traction than expected.
Answer: Upgrading existing customers from old platforms to new is challenging, as they are familiar with the old technology. In contrast, upgrading from one version of a product to another is much smoother and can be done quickly. Our efforts focus on ensuring the upgrade path for existing customers is as seamless as possible.
Answer: AI is integral to our product roadmap and is being embedded into our offerings. We are focused on aligning our AI strategy with client expectations, incorporating supervised and unsupervised learning options. We aim to enhance our existing product suite with AI capabilities while responding to market demands for innovative solutions.
Answer: Currently, we prefer to maintain cash reserves as we navigate significant growth opportunities, especially in AI. In the upcoming quarters, we will evaluate our capital allocation strategy to make informed decisions about potential returns to shareholders.
Answer: Performance in Q3 exceeded our expectations, showing positive market traction with conversions starting to happen. We have a significant pipeline awaiting conversion, and we anticipate closing several of those outstanding deals in Q4.
Answer: Growth will likely stem from the MSME sector, where strong prospects exist, along with rising traction in areas like gold loans and co-lending. We're focusing efforts on sectors with high growth potential and aligning our strategy accordingly.
Analysis of Nucleus Software Exports's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2025
| Description | Share | Value |
|---|---|---|
| INDIA | 59.6% | 131.1 Cr |
| SOUTH EAST AFRICA | 11.7% | 25.7 Cr |
| MIDDLE EAST | 10.1% | 22.2 Cr |
| OTHERS | 6.9% | 15.3 Cr |
| EUROPE | 4.2% | 9.3 Cr |
| FOR EAST | 3.7% | 8.2 Cr |
| AUSTRALIA | 2.6% | 5.7 Cr |
| AFRICA | 1.1% | 2.5 Cr |
| Total | 220 Cr |
Understand Nucleus Software Exports ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| KARMAYOGI HOLDINGS PRIVATE LIMITED | 33.59% |
| MADHU DUSAD | 11.44% |
| NUCLEUS SOFTWARE ENGINEERS PRIVATE LIMITED | 9.06% |
| VISHNU R DUSAD | 5.98% |
| KRITIKA DUSAD | 3.8% |
| RITIKA DUSAD | 3.8% |
| YOGESH ANDLAY | 3.28% |
| NUCLEUS SOFTWARE WORKSHOP PRIVATE LIMITED | 2.28% |
| BARCA GLOBAL MASTER FUND, LP | 1.82% |
| NAVEEN KUMAR | 0.27% |
| SUMAN MATHUR | 0.09% |
| CARD SYSTEMS PRIVATE LIMITED | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
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 |
|---|---|---|---|---|---|---|---|---|---|
| COFORGE | COFORGE | 40.65 kCr | 15.23 kCr | -6.00% | -21.80% | 33.74 | 2.67 | - | - |
| INTELLECT | INTELLECT DESIGN ARENA | 9.17 kCr | 3.02 kCr | -14.20% | -3.60% | 25.18 | 3.03 | - | - |
| SONATSOFTW | Sonata Software | 6.5 kCr | 10.86 kCr | -22.00% | -34.00% | 14.59 | 0.6 | - | - |
| 3IINFOLTD | 3i Infotech | 311.09 Cr | 778.76 Cr | -0.90% | -33.50% | 4.73 | 0.4 | - | - |
Comprehensive comparison against sector averages
NUCLEUS metrics compared to IT
| Category | NUCLEUS | IT |
|---|---|---|
| PE | 14.15 | 25.33 |
| PS | 2.20 | 5.22 |
| Growth | 7.8 % | 6.7 % |
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.
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NUCLEUS vs IT (2021 - 2026)