Nucleus Soft.

NSE: NUCLEUS · Software Products

52W Range₹690 ₹1,169

Snapshot

Unlock Nucleus Soft.'s vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Nucleus Software Exports Limited provides mission-critical lending and transaction banking software products to financial institutions globally. Its core offerings include the FinnOne Neo suite for lending and FinnAxia for global transaction banking, complemented by digital transformation and managed infrastructure services.

Business Model

The company generates revenue through the licensing of its proprietary software products, alongside implementation, consulting, and managed services. It focuses on long-term partnerships with banks and financial services companies to support their digital lending and transaction banking lifecycles.

Growth Outlook

Growth is driven by the increasing global demand for digital lending solutions and the modernisation of transaction banking infrastructure. The company continues to invest in its FinnOne Neo and FinnAxia platforms to capture opportunities in digital transformation and data analytics within the financial sector.

Key Risks

  • Client Concentration. A significant portion of revenue is derived from a limited number of large financial institutions, making the company vulnerable to the loss of key accounts.
  • Technological Obsolescence. Rapid advancements in fintech and cloud-native banking solutions require constant R&D investment to maintain product competitiveness.
  • Geopolitical and Currency Risk. Operating across diverse international markets exposes the company to fluctuations in foreign exchange rates and varying regulatory environments.
  • Cybersecurity Threats. As a provider of mission-critical banking software, the company faces significant reputational and legal risks from potential data breaches or system vulnerabilities.

Price

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Key Metrics

REVENUE

₹876 Cr

TTM · consolidated

+5.3%YoY

NET PROFIT

₹117 Cr

TTM · consolidated

-28.4%YoY

EPS

₹44.34

TTM · consolidated

-27.9%YoY

RETURN ON EQUITY

13.9%

TTM · consolidated

-6.8 ppYoY

RETURN ON CAPITAL EMPLOYED

16.8%

TTM · consolidated

-9.6 ppYoY

P/E

17.0x

Q4 FY26 · consolidated

17.0 vs 21.5x5Y avg

EV/EBITDA

10.1x

Q4 FY26 · consolidated

10.1 vs 12.9x5Y avg

EBITDA MARGIN

21.7%

TTM · consolidated

-6.5 ppYoY

NET PROFIT MARGIN

15.4%

Q4 FY26 · consolidated

-12.9 ppYoY

DEBT TO EQUITY

0.0x

Q4 FY26 · consolidated

+0.00xYoY

Peers · Software Products

CompanyMkt Cap (Cr)P/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Nucleus Soft.NUCLEUS
2,06817.0510.075.3%21.7%13.9%16.8%-33.8%
Ramco SystemsRAMCOSYS
1,43174.2218.0918.5%23.6%13.0%12.8%+107.0%
UnicommerceUNIECOM
1,00948.2824.3519.3%20.7%25.1%-35.7%
Quick Heal TechQUICKHEAL
773-84.39-135.19-6.6%-2.5%-2.5%-4.6%-58.0%
IRIS Regtech SolutionsIRIS
46037.0225.845.7%14.7%118.3%15.1%-35.5%
SubexSUBEXLTD
43426.1411.43-2.3%20.6%9.1%10.2%-7.4%

As of Q4 FY26

Financials