Nucleus Software Exports Limited (NUCLEUS) AI Stock Analysis

• Market Cap: ₹24.44B
• Dividend Yield: 1.34%
• Average Volume (3M): 1.28K
• Price to Earnings (P/E): 15.2
• Beta (1Y): 1.79
• Revenue Growth: 6.64%
• EPS Growth: 4.63%
• Country: IN
• Employees: 1,890
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 10.00
• Shares Outstanding: 26,325,306
• 10 Day Avg. Volume: 1,083
• 30 Day Avg. Volume: 1,280
• PEG Ratio: -0.93
• Price to Book (P/B): 2.64
• Price to Sales (P/S): 2.59
• P/FCF Ratio: 15.86
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: ₹1,123.00 ▲(21.98% Upside)

Nucleus Software Exports Limited has a solid financial foundation with strong revenue growth and profitability. The technical indicators suggest neutral to slightly bearish momentum, while the valuation appears fair with a reasonable P/E ratio and a modest dividend yield. The absence of earnings call data and corporate events does not impact the overall assessment.

Positive Factors

Revenue Growth

Consistent revenue growth indicates expanding market reach and strong demand for Nucleus Software's products, supporting long-term business sustainability.

Balance Sheet Health

A strong balance sheet with low leverage provides financial stability and flexibility, allowing Nucleus Software to invest in growth opportunities.

Profitability

Sustained profitability with healthy margins reflects effective cost control and operational efficiency, enhancing long-term financial health.

Negative Factors

Cash Flow Decline

A decline in operating cash flow could impact the company's ability to fund operations and growth initiatives, potentially straining financial resources.

Margin Pressure

A dip in margins may indicate rising costs or pricing pressures, which could affect profitability if not managed effectively.

Free Cash Flow Decrease

Decreasing free cash flow could limit the company's ability to invest in future growth and return capital to shareholders, necessitating careful cash management.

Nucleus Software Exports Limited Business Overview & Revenue Model

Company Description

Nucleus Software Exports Limited provides mission critical 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 customer centric, web based, and workflow driven solution; and FinnOne Neo enterprise content management provides image based processing capabilities in loan acquisitions and various lifecycle events. The company also offers FinnOn Neo mobility suite; FinnOne Neo internet channel suite; FinnOne Neo CAS supports finance against securities; FinnOne Neo collateral management system; and FinnOne Neo payout management system. In addition, it offers FinnAxia, an integrated global transaction banking solution comprising global receivables, global payments, global liquidity management, financial supply chain management, virtual account management, digital compass, e-Trade Finance, and business internet banking, as well as advisory services; FarEdge, a comprehensive analytics solution enabling banks to extract, analyze, interpret and transform their business data in order to detect fraudulent and dual transactions early; FinnOne Neo digital portal for loan self-sourcing; and digital channels that enable banks and financial services companies to provide digital lending on mobile and web portals. Further, the company provides testing and consulting; application development and management, digital transformation, data management and analytics, mobile and web application, and verification and validation; and managed infrastructure services. Nucleus Software Exports Limited was founded in 1986 and is headquartered in Noida, India.

How the Company Makes Money

Nucleus Software generates revenue primarily through the sale of software licenses, subscription services, and maintenance contracts for its suite of banking solutions. Key revenue streams include one-time software licensing fees, recurring subscription fees for cloud-based services, and ongoing maintenance and support contracts. The company also earns revenue from consulting services and customization of its software products to meet specific client needs. Significant partnerships with banks and financial institutions around the world, along with strategic alliances in various regions, contribute to its earnings by expanding its market reach and enhancing its product offerings.

Nucleus Software Exports Limited Financial Statement Overview

Summary

Nucleus Software Exports Limited shows strong financial performance with robust revenue growth and profitability. The balance sheet is stable with low leverage, and cash flow operations are generally positive despite a recent decline in free cash flow.

Income Statement

Nucleus Software Exports Limited has demonstrated strong revenue growth, with a notable increase from 2023 to 2025. The company maintained healthy gross and net profit margins, indicating efficient cost management and profitability. Although there was a slight dip in margins in 2025 compared to 2024, the overall trajectory remains positive.

Balance Sheet

The company showcases a robust financial position with a strong equity base and low leverage, as evidenced by a low debt-to-equity ratio. The equity ratio has remained stable, highlighting strong asset management. There is a consistent increase in stockholders' equity, reflecting retained earnings and sustainable growth.

Cash Flow

Nucleus Software Exports Limited has shown consistent free cash flow generation, although there was a decline in operating cash flow in 2025. The operating cash flow to net income ratio is favorable, indicating efficient cash conversion. However, the free cash flow decreased in 2025 compared to 2024, which might need monitoring.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.55B	8.32B	8.26B	6.34B	4.97B	5.14B
Gross Profit	3.13B	2.98B	3.31B	1.88B	765.00M	4.96B
EBITDA	2.26B	1.68B	2.71B	1.91B	713.70M	1.69B
Net Income	1.68B	1.63B	1.92B	1.28B	409.10M	1.18B
Balance Sheet
Total Assets	0.00	11.53B	11.14B	8.74B	7.37B	8.85B
Cash, Cash Equivalents and Short-Term Investments	3.59B	3.60B	4.01B	2.77B	3.41B	5.02B
Total Debt	0.00	20.00M	45.90M	62.60M	23.30M	63.00M
Total Liabilities	-8.14B	3.39B	3.37B	2.64B	2.43B	2.13B
Stockholders Equity	8.14B	8.14B	7.77B	6.11B	4.94B	6.72B
Cash Flow
Free Cash Flow	0.00	1.36B	1.93B	461.40M	334.30M	1.12B
Operating Cash Flow	0.00	1.51B	2.22B	498.40M	576.70M	1.15B
Investing Cash Flow	0.00	-207.80M	-1.97B	-127.00M	1.59B	-1.26B
Financing Cash Flow	0.00	-1.26B	-301.60M	-226.50M	-2.13B	-133.40M

Nucleus Software Exports Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 920.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NUCLEUS, the sentiment is Negative. The current price of 920.65 is above the 20-day moving average (MA) of 919.56, below the 50-day MA of 960.82, and below the 200-day MA of 1007.74, indicating a neutral trend. The MACD of -8.96 indicates Negative momentum. The RSI at 44.05 is Neutral, neither overbought nor oversold. The STOCH value of 36.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:NUCLEUS.

Nucleus Software Exports Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INTELLECT	73 Outperform	₹142.18B	35.25	―	0.69%	15.87%	39.55%
RSYSTEMS	73 Outperform	₹48.39B	25.62	―	3.06%	8.36%	36.68%
SAKSOFT	72 Outperform	₹26.75B	20.49	―	0.42%	21.17%	27.66%
NUCLEUS	72 Outperform	₹24.44B	15.16	―	1.34%	6.64%	4.63%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
RAMCOSYS	52 Neutral	₹22.44B	253.64	―	―	20.41%	―

Nucleus Software Exports Limited Corporate Events

Nucleus Software Releases Financial Results for September 2025

Nucleus Software Exports Limited has announced the publication of their financial results for the quarter and half-year ending September 30, 2025. This announcement, made in compliance with SEBI regulations, highlights the company’s transparency and commitment to keeping stakeholders informed. The results are available on the company’s website and major stock exchanges, reflecting Nucleus Software’s ongoing efforts to maintain its industry position and provide stakeholders with timely financial information.

Nucleus Software Announces Trading Window Closure

Nucleus Software Exports Limited has announced the closure of its trading window in compliance with SEBI’s regulations to prevent insider trading. The trading window will be closed for certain company insiders from October 1, 2025, until 48 hours after the financial results are announced, ensuring adherence to regulatory standards and maintaining market integrity.