Nucleus Software Exports Ltd
NSE: NUCLEUS BSE: 531209Banking
Nucleus Software provides lending and transaction banking products to the global financial services industry. As a pioneer in retail and corporate banking software since 1986.
₹768
52W: ₹712 — ₹1378
PE 12.4 · Book ₹312 · +146% vs bookMarket Cap₹2,022 Cr
Stock P/E12.4Price to Earnings
ROCE23.1%Return on Capital
ROE17.3%Return on Equity
Div. Yield1.63%Face Value ₹10
Strengths
- +Company is almost debt free.
- +Company has been maintaining a healthy dividend payout of 19.6%
- +Debtor days have improved from 79.7 to 61.2 days.
Shareholding Pattern
Promoters73.59%
FIIs4.46%
DIIs1.21%
Public20.72%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 73.26% | 73.59%▲0.3 | 73.59% | 73.59% | 73.59% | 73.59% | 73.59% | 73.59% |
| FIIs | 5.35% | 5.62%▲0.3 | 5.32%▼0.3 | 4.83%▼0.5 | 5.32%▲0.5 | 5.18%▼0.1 | 4.91%▼0.3 | 4.46%▼0.5 |
| DIIs | 2.1% | 1.75%▼0.4 | 1.79%▲0.0 | 1.5%▼0.3 | 1.47%▼0.0 | 1.49%▲0.0 | 1.38%▼0.1 | 1.21%▼0.2 |
| Public | 19.28% | 19.02%▼0.3 | 19.29%▲0.3 | 20.08%▲0.8 | 19.6%▼0.5 | 19.75%▲0.1 | 20.11%▲0.4 | 20.72%▲0.6 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 189 | 188 | 193 | 182 | 185 | 189 | 213 | 201 | 196 | 202 |
| Expenses | 141 | 141 | 139 | 152 | 155 | 160 | 141 | 169 | 175 | 173 |
| Operating Profit | 49 | 46 | 54 | 30 | 30 | 29 | 72 | 32 | 21 | 29 |
| OPM % | 26% | 25% | 28% | 16% | 16% | 15% | 34% | 16% | 11% | 14% |
| Net Profit | 42 | 40 | 48 | 31 | 37 | 31 | 63 | 40 | 28 | 17 |
| EPS ₹ | 15.73 | 15.12 | 18.11 | 11.64 | 13.87 | 11.73 | 24.01 | 15.04 | 10.58 | 6.62 |
AI Insights
Revenue Trend
TTM revenue at ₹812Cr, up 5.6% YoY. OPM at 19%.
Debt Position
Borrowings at ₹7Cr. Debt-to-equity ratio: 0.01x. Healthy balance sheet.
Institutional Flow
DIIs: 1.21% (+0.87pp change). FIIs: 4.46% (+0.47pp change). Promoters hold 73.59%.
Margin & Efficiency
ROCE improving from 19% (Mar 2014) to 23% (Mar 2025). Working capital days: -47.
Valuation
PE 12.4x with 23.1% ROCE. Price is 146% above book value of ₹312. Dividend yield: 1.63%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 11 May - Q4 FY26 results on May 21, 2026; earnings conference call on May 22, 2026.
- Board Meeting Intimation for Notice Of Board Meeting 11 May - Board meets May 21, 2026 to approve audited FY26 results and consider final dividend.
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 8 May - Shareholders approved CEO reappointment, independent director, and RSU Scheme-2026 resolutions on May 7, 2026.
- Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 6 May - Income tax demand of INR 28.33 lakh for AY 2023-24; penalty proceedings initiated.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Apr
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse