Overview

Detailed Summary

Nucleus Software is a specialized provider of banking and financial-services software, developing and selling flagship products such as FinnOne Neo for digital lending and FinnAxia for transaction banking, alongside complementary solutions including payments, rewards and trade finance. The company targets banks, non-banking finance companies and corporates across multiple geographies with product-led licensing and implementation services.
The company reported steady quarterly revenue of INR 220.03 crores (USD 24.92 million) with product revenue dominating at INR 185.58 crores; EBITDA expanded QoQ while net profit moderated to INR 20.70 crores. Nucleus Software also sits on a strong cash pile of INR ~971.6 crores, providing balance sheet optionality for investments, partnerships or strategic initiatives over the medium term.
Recent product momentum includes frequent GA releases—FinnOne Neo GA 8.0 and prior GA releases—with AI capabilities embedded in collections and other modules, plus launches of specialized vertical solutions (Islamic banking, auto finance, co-lending). This signals a product-driven strategy focussed on intelligent banking solutions and verticalised offerings to capture niche lending and transaction opportunities.
A material operational priority is migration of legacy FinnOne customers to FinnOne Neo; management estimates roughly a 50:50 split by number between legacy and new-platform customers and expects the migration journey to continue over the next three to four years, combining both migrations and new logo acquisition to expand recurring product revenue and reduce maintenance drag.
Cost dynamics and capital allocation are active themes: delivery cost improved to ~70.4% of revenue this quarter but management flagged upward pressure from recent labour code changes; while the company accumulates cash, management prefers retaining liquidity for possible AI investments and strategic initiatives rather than committing to buybacks or special dividends immediately.

Sector: IT - Software
Industry: Computers - Software - Medium / Small
Market Cap: 2,026 Cr
Volatility: Moderate Risk
P/E Ratio: 13.8
Industry P/E: 29.1
PEG Ratio: 1.4
P/B Ratio: 2.4
52W High: 1,375.75
52W Low: 723.85

Sales CAGR

1Y: 0.70%
3Y: 19.71%
5Y: 11.59%
10Y: 11.96%

Profit CAGR

1Y: -14.93%
3Y: 56.63%
5Y: 9.61%
10Y: 15.37%

ROE

TTM: 19.00%
3Y: 21.90%
5Y: 19.04%
10Y: 16.40%

ROCE

TTM: 25.34%
3Y: 27.84%
5Y: 24.32%
10Y: 20.88%

Technicals

‌

Forecasts

Unlock Premium Features

Analyst Target, Price, EPS and Revenue Projections

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
NUCLEUS	771.00	2,026 Cr	13.81	2.39	1.62	19.00	25.34	11.95
LUCENT	1224.00	1,830 Cr	2400.00	74.65	0.00	73.29	35.20	16.43
SAKSOFT	136.10	1,803 Cr	14.03	2.56	0.59	17.84	23.55	12.77
SILVERTUC	1366.00	1,737 Cr	54.57	11.98	0.04	17.91	19.07	11.35
INFOBEAN	179.35	1,729 Cr	5.77	4.70	0.14	17.25	22.15	17.13
CEINSYS	930.00	1,659 Cr	15.54	3.55	0.37	20.80	24.06	15.99
RAMCOSYS	444.25	1,649 Cr	75.04	5.08	0.00	2.68	7.69	3.12

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

Ask AI

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	205	204	210	195	202	206	229	218	214	220
Expenses	153	156	152	166	170	173	154	184	190	187
Operating Profit	52	48	58	29	32	33	75	34	23	33
OPM %	25.31	23.34	27.69	14.81	15.68	16.14	32.54	15.61	10.96	15.10
Other Income	12	12	14	15	19	16	17	18	16	-3.73
Interest	0.26	0.21	0.23	0.20	0.19	0.19	0.17	0.24	0.33	0.50
Depreciation	3.61	3.52	3.78	3.88	3.94	3.58	3.41	3.40	3.83	4.33
Profit Before Tax	60	56	68	40	47	45	88	48	35	25
Tax %	25.60	26.13	23.79	24.33	29.06	22.29	26.01	27.12	25.76	16.06
Net Profit	45	41	52	30	33	35	65	35	26	21
EPS in Rs	16.93	15.69	19.81	11.47	12.35	13.28	24.60	13.37	9.99	7.86

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	372	412	484	521	514	497	634	826	832	855
Expenses	319	353	405	427	384	460	478	606	664	681
Operating Profit	54	59	79	94	129	37	157	220	168	173
OPM %	14.47	14.25	16.37	18.09	25.19	7.45	24.71	26.67	20.23	20.29
Other Income	32	29	27	37	40	35	34	51	66	69
Interest	0.55	0.51	0.51	1.12	1.22	0.81	1.02	0.95	0.75	0.79
Depreciation	11	7.04	9.93	14	14	15	19	15	15	14
Profit Before Tax	74	80	96	117	154	56	171	256	219	227
Tax %	10.90	21.68	22.59	23.80	23.31	26.29	25.30	25.10	25.59	26.13
Net Profit	66	63	75	89	118	41	128	192	163	168
EPS in Rs	25.13	23.25	28.32	33.81	44.81	15.38	48.54	72.78	61.70	55.82
Dividend Payout %	24.47	39.08	35.06	29.37	22.16	50.00	20.95	17.47	20.36	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	32	32	29	29	29	29	27	27	27	26
Reserves	425	503	432	480	532	643	467	584	751	788
Borrowings	1.29	0.00	0.00	0.00	6.32	6.30	2.33	6.26	4.59	2.00
Other Liabilities	123	131	186	177	196	206	241	257	332	337
Total Liabilities	581	666	647	685	763	885	737	874	1,114	1,153
Fixed Assets	54	48	48	47	43	36	45	37	46	48
CWIP	1.10	0.32	0.00	0.02	0.26	0.52	0.46	0.81	0.68	0.25
Investments	245	441	387	424	489	648	493	539	662	653
Other Assets	281	176	212	214	231	200	198	298	406	451
Total Assets	581	666	647	685	763	885	737	874	1,114	1,153

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	33	95	77	56	75	115	58	50	222	151
Cash from Investing Activity	6.65	-77	61	-28	-29	-126	159	-13	-197	-21
Cash from Financing Activity	-36	-1.29	-135	-26	-34	-13	-213	-23	-30	-126
Net Cash Flow	3.48	17	3.14	1.75	12	-24	3.33	14	-5.12	4.36

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	73.28%	73.27%	73.27%	73.27%	73.27%	73.27%	73.60%	73.60%	73.60%	73.60%	73.60%	73.60%
FIIs	4.20%	4.00%	3.69%	5.02%	5.66%	5.35%	5.62%	5.32%	4.83%	5.32%	5.18%	4.91%
DIIs	0.33%	0.34%	0.59%	1.66%	1.90%	2.10%	1.75%	1.79%	1.50%	1.48%	1.49%	1.38%
Public	22.19%	22.40%	22.46%	20.06%	19.17%	19.29%	19.03%	19.29%	20.08%	19.61%	19.74%	20.11%
Total Shareholders	31,606	31,742	33,318	30,418	29,900	36,281	45,592	44,405	44,686	42,545	42,192	41,157

Market Transactions

Unlock Premium Features

Analyst Target, Price, EPS and Revenue Projections

Projection

Unlock Premium Features

Get In-depth insights on EPS and Revenue forecasts

Documents

Presentations

Concalls

Reports

Presentations

No documents found!

Actions

Action Type

‌
‌

Announcements

Last 7 days

Newest

Sentiment

Sorry, no results found!

AI Mode

Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.

Ask AI

Frequently Asked Questions about Nucleus Software Exports Ltd

Nucleus Software Exports Ltd (NUCLEUS) is currently trading at 771.60 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Nucleus Software is a specialized provider of banking and financial-services software, developing and selling flagship products such as FinnOne Neo for digital lending and FinnAxia for transaction banking, alongside complementary solutions including payments, rewards and trade finance. The company targets banks, non-banking finance companies and corporates across multiple geographies with product-led licensing and implementation services. The company reported steady quarterly revenue of INR 220.03 crores (USD 24.92 million) with product revenue dominating at INR 185.58 crores; EBITDA expanded QoQ while net profit moderated to INR 20.70 crores. Nucleus Software also sits on a strong cash pile of INR ~971.6 crores, providing balance sheet optionality for investments, partnerships or strategic initiatives over the medium term. Recent product momentum includes frequent GA releases—FinnOne Neo GA 8.0 and prior GA releases—with AI capabilities embedded in collections and other modules, plus launches of specialized vertical solutions (Islamic banking, auto finance, co-lending). This signals a product-driven strategy focussed on intelligent banking solutions and verticalised offerings to capture niche lending and transaction opportunities. A material operational priority is migration of legacy FinnOne customers to FinnOne Neo; management estimates roughly a 50:50 split by number between legacy and new-platform customers and expects the migration journey to continue over the next three to four years, combining both migrations and new logo acquisition to expand recurring product revenue and reduce maintenance drag. Cost dynamics and capital allocation are active themes: delivery cost improved to ~70.4% of revenue this quarter but management flagged upward pressure from recent labour code changes; while the company accumulates cash, management prefers retaining liquidity for possible AI investments and strategic initiatives rather than committing to buybacks or special dividends immediately.

Over the past 52 weeks, Nucleus Software Exports Ltd has traded between a low of ₹723.85 and a high of ₹1,375.75. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Nucleus Software Exports Ltd has a market capitalization of approximately 2,026.26. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Nucleus Software Exports Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 13.81 and operates in the IT - Software sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 2,026.26 Cr, Nucleus Software Exports Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Nucleus Software Exports Ltd operates in the IT - Software sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Nucleus Software Exports Ltd is 13.81. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.

Nucleus Software Exports Ltd

Stock Summary and Key Metrics

Investment Checklist

Investment Checklist

Overview

Financial Ratios

Technicals

Forecasts

Unlock Premium Features

Upgrade

Peers

Price Chart Comparison

Financial Statements

AI Powered Summary

Ask AI

Consolidated Quarterly Results (in ₹ Crores)

Consolidated Profit Loss (in ₹ Crores)

Consolidated Balance Sheet (in ₹ Crores)

Consolidated Cash Flows (in ₹ Crores)

Shareholdings

Shareholding History

Market Transactions

Unlock Premium Features

Upgrade

Projection

Unlock Premium Features

Upgrade

Documents

Actions

Announcements

AI Mode

Ask AI

Frequently Asked Questions about Nucleus Software Exports Ltd

What is Nucleus Software Exports Ltd share price today?

What does Nucleus Software Exports Ltd do?

What is the 52-week high and low of Nucleus Software Exports Ltd?

What is the market capitalization of Nucleus Software Exports Ltd?

Should I consider investing in Nucleus Software Exports Ltd stock?

Is Nucleus Software Exports Ltd a large-cap, mid-cap, or small-cap stock?

Which sector does Nucleus Software Exports Ltd belong to and why does it matter?

What is the PE ratio of Nucleus Software Exports Ltd?

Utility

Company

Technicals

Frequently Asked Questions about Nucleus Software Exports Ltd

What is Nucleus Software Exports Ltd share price today?

What does Nucleus Software Exports Ltd do?

What is the 52-week high and low of Nucleus Software Exports Ltd?

What is the market capitalization of Nucleus Software Exports Ltd?

Should I consider investing in Nucleus Software Exports Ltd stock?

Is Nucleus Software Exports Ltd a large-cap, mid-cap, or small-cap stock?

Which sector does Nucleus Software Exports Ltd belong to and why does it matter?

What is the PE ratio of Nucleus Software Exports Ltd?

Announcements

Oscillators

Bullish

Overall

Bearish

Moving Averages

Bearish

Overall

Bearish

Peers

Price Chart Comparison

Overview

Financial Ratios

Investment Checklist