Nucleus Software Exports Limited (NUCLEUS) AI Stock Analysis

• Market Cap: ₹27.08B
• Dividend Yield: 1.21%
• Average Volume (3M): 1.28K
• Price to Earnings (P/E): 16.2
• Beta (1Y): 1.73
• Revenue Growth: 4.85%
• EPS Growth: 1.23%
• Country: IN
• Employees: 1,890
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): N/A
• 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 ▲(8.89% 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.

Nucleus Software Exports Limited Business Overview & Revenue Model

Company Description

Nucleus Software Exports Limited (NUCLEUS) is a leading global provider of software products and solutions for the banking and financial services sector. Established in 1986, the company specializes in offering technology solutions that enhance operational efficiency and business growth for financial institutions. Its core products include the FinnOne suite, which provides comprehensive solutions for loan management, and the Nucleus Software platform that supports various banking operations. Nucleus serves a diverse clientele, including banks, financial institutions, and non-banking financial companies across multiple regions.

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: Positive
• Last Price: 1031.30
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• 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 Positive. The current price of 1031.3 is above the 20-day moving average (MA) of 1014.57, above the 50-day MA of 1018.23, and above the 200-day MA of 1003.12, indicating a bullish trend. The MACD of 3.34 indicates Negative momentum. The RSI at 57.55 is Neutral, neither overbought nor oversold. The STOCH value of 62.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	₹166.70B	41.37	―	0.62%	15.87%	39.55%
RSYSTEMS	73 Outperform	₹49.33B	26.12	―	3.05%	8.36%	36.68%
NUCLEUS	72 Outperform	₹27.08B	16.17	―	1.21%	4.85%	1.23%
SAKSOFT	68 Neutral	₹26.20B	21.76	―	0.41%	19.50%	18.47%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
RAMCOSYS	61 Neutral	₹22.62B	-161.07	―	―	20.41%	―

Nucleus Software Exports Limited Corporate Events

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.

Nucleus Software Appoints Interim CFO Amid Leadership Transition

Nucleus Software Exports Limited announced that its Board of Directors has appointed Mr. Vishnu R Dusad, the company’s Managing Director, as the Interim Chief Financial Officer effective August 20, 2025. This decision, based on the recommendation of the Audit and Nomination and Remuneration Committees, is a temporary measure until a new CFO is appointed. This move reflects the company’s strategic approach to maintaining leadership stability and operational continuity during the transition period.

Nucleus Software Appoints Interim CFO Vishnu R Dusad

Nucleus Software Exports Limited has announced the appointment of Mr. Vishnu R Dusad as the Interim Chief Financial Officer, effective August 20, 2025. This strategic move, approved by the company’s Board of Directors, underscores the company’s commitment to maintaining strong leadership and continuity in its financial operations until a new CFO is appointed.

Nucleus Software Exports Limited Reports Q1 2025 Financial Results

Nucleus Software Exports Limited announced its financial results for the quarter ended June 30, 2025. The Board approved both the audited standalone and unaudited consolidated financial results, which were reviewed by the Audit Committee. This announcement reflects the company’s commitment to transparency and regulatory compliance, potentially impacting its market positioning and stakeholder confidence.