Nucleus Software Exports Limited (IN:NUCLEUS)
:NUCLEUS
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Nucleus Software Exports Limited
(NUCLEUS)
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Rating:69Neutral
Price Target:
₹821.00
▼(-10.68% Downside)
Action:Downgraded
Date:06/12/26
The score is anchored by solid financial fundamentals led by a very conservative balance sheet, but is pulled down by weakening recent profitability/cash-flow consistency and a clearly negative technical trend (price below key moving averages and negative MACD). Valuation is supportive but not a major catalyst on its own.
Positive Factors
Very conservative balance sheet
Extremely low leverage and a growing equity base provide durable financial flexibility. This reduces refinancing and solvency risk, allowing the company to fund product development, pursue selective deals or weather macro shocks without stressing capital structure over the next several quarters.
Negative Factors
Slowing revenue momentum
Transition from strong multi-year growth to low single-digit revenue gains signals softer demand or competitive pressure in core lending software markets. Sustained slower top-line growth constrains operating leverage and long-term ability to scale margins or invest aggressively.
Read all positive and negative factors
Positive Factors
Negative Factors
Very conservative balance sheet
Extremely low leverage and a growing equity base provide durable financial flexibility. This reduces refinancing and solvency risk, allowing the company to fund product development, pursue selective deals or weather macro shocks without stressing capital structure over the next several quarters.
Read all positive factors
Nucleus Software Exports Limited (NUCLEUS) vs. iShares MSCI India ETF (INDA)
Market Cap
₹19.68B
Dividend Yield1.34%
Average Volume (3M)1.28K
Price to Earnings (P/E)16.7
Beta (1Y)1.38
Revenue Growth5.26%
EPS Growth-27.92%
CountryIN
Employees1,890
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)63.60
Shares Outstanding26,325,306
10 Day Avg. Volume1,083
30 Day Avg. Volume1,280
Financial Highlights & Ratios
PEG Ratio-0.59
Price to Book (P/B)2.10
Price to Sales (P/S)2.17
P/FCF Ratio20.77
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)63.6
Revenue Forecast (FY)₹9.50B
Nucleus Software Exports Limited Business Overview & Revenue Model
Company Description
Nucleus Software Exports Limited, established in Noida, India, in 1986, is a prominent provider of essential software solutions for the financial services industry. The company delivers crucial lending and transaction banking products to clients s...
How the Company Makes Money
Nucleus generates revenue primarily by selling and supporting its banking software products for lending and transaction-related operations. Key revenue streams typically include: (1) Software license fees (or subscription/SaaS fees where contracts...
Nucleus Software Exports Limited Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
91
Very Positive
Cash Flow
68
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.55B | 8.76B | 8.32B | 8.26B | 6.34B | 4.97B |
| Gross Profit | 3.13B | 1.09B | 2.98B | 3.31B | 1.88B | 765.00M |
| EBITDA | 2.26B | 1.26B | 1.68B | 2.71B | 1.91B | 713.70M |
| Net Income | 1.68B | 1.17B | 1.63B | 1.92B | 1.28B | 409.10M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 12.66B | 11.53B | 11.14B | 8.74B | 7.37B |
| Cash, Cash Equivalents and Short-Term Investments | 3.59B | 4.14B | 3.60B | 4.01B | 2.77B | 3.41B |
| Total Debt | 0.00 | 85.50M | 20.00M | 45.90M | 62.60M | 23.30M |
| Total Liabilities | -8.14B | 3.59B | 3.39B | 3.37B | 2.64B | 2.43B |
| Stockholders Equity | 8.14B | 9.07B | 8.14B | 7.77B | 6.11B | 4.94B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 915.70M | 1.36B | 1.93B | 461.40M | 334.30M |
| Operating Cash Flow | 0.00 | 1.20B | 1.51B | 2.22B | 498.40M | 576.70M |
| Investing Cash Flow | 0.00 | -551.10M | -207.80M | -1.97B | -127.00M | 1.59B |
| Financing Cash Flow | 0.00 | -365.00M | -1.26B | -301.60M | -226.50M | -2.13B |
Nucleus Software Exports Limited Technical Analysis
Negative
919.20
Price Trends
785.63
Negative
809.92
Negative
893.69
Negative
Market Momentum
-13.84
Negative
46.23
Neutral
40.84
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 919.2 is above the 20-day moving average (MA) of 758.93, above the 50-day MA of 785.63, and above the 200-day MA of 893.69, indicating a bearish trend. The MACD of -13.84 indicates Negative momentum. The RSI at 46.23 is Neutral, neither overbought nor oversold. The STOCH value of 40.84 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ₹38.79B | 34.81 | ― | 0.21% | 35.08% | 26.95% | |
69 Neutral | ₹19.68B | 16.68 | ― | 1.34% | 5.26% | -27.92% | |
65 Neutral | ₹142.74B | 42.58 | ― | 0.68% | 19.09% | 2.91% | |
65 Neutral | ₹66.11B | 22.01 | ― | 0.59% | 5.89% | -5.03% | |
63 Neutral | ₹104.02B | 30.42 | ― | 0.69% | 21.53% | 3.38% | |
63 Neutral | ₹21.15B | 48.98 | ― | ― | 18.54% | ― | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
IN:NUCLEUS
Nucleus Software Exports Limited
770.60
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-34.74%
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Nucleus Software Exports Limited Corporate Events
Nucleus Software Confirms SEBI Demat Compliance for March 2026 Quarter
Apr 11, 2026
Nucleus Software Exports Limited has notified the stock exchanges that it has received a compliance certificate from its registrar and share transfer agent, KFin Technologies, under Regulation 74(5) of the SEBI (Depositories and Participants) Regu...
Nucleus Software Names Yasmin Javeri Krishan as Chairperson to Strengthen Governance and Inclusive Leadership
Mar 16, 2026
Nucleus Software has appointed Mrs. Yasmin Javeri Krishan as Chairperson of its Board of Directors, effective March 19, 2026, elevating her from her current role as a Non-Executive, Independent Director and long-time board member of its Singapore ...
Nucleus Software Reshapes Board Leadership and Governance Structure
Mar 16, 2026
Nucleus Software Exports Limited’s board has approved the retirement of independent director and board chairperson Siddhartha Mahavir Acharya at the close of business on March 18, 2026, upon completion of his second consecutive five‑ye...
Nucleus Software Reshapes Board Leadership and Committees, Adds Culture Panel
Mar 16, 2026
Nucleus Software Exports Limited has announced changes to its board leadership, with independent director and current chairperson Siddhartha Mahavir Acharya set to retire on March 18, 2026, upon completion of his second consecutive five-year term....
Nucleus Software revamps board leadership and committees as chairperson retires
Mar 16, 2026
Nucleus Software Exports Limited has announced that Independent Director and Chairperson of the Board, Mr. Siddhartha Mahavir Acharya, will retire at the close of business on March 18, 2026, upon completion of his second consecutive five-year term...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.