| Revenue growth | Revenue up 3.4% YoY; growth driven by product segment. |
|---|---|
| Margins | Margins contracted sharply to 3.6% due to cost spikes. |
| Order book | Record ₹1,244 Cr order book; 88% from products. |
| Demand visibility | Strong visibility via record order book and AI strategy. |
| Management confidence | Balanced but defensive regarding margin erosion and client loss. |
Growth
Revenue grew 6.4% QoQ to ₹210.4 Cr; product revenue dominant at 83.9%.
Outlook
Order book stands at a record ₹1,244 Cr, primarily from products.
Risks
Margins crashed to 3.6% from 15.4% QoQ. Massive client concentration risk persists.
Last quarter's promises, checked
Delivered
- Japan market results → active discussions on top banks (= BEAT)
- Order book growth → reached ₹1,044 Cr vs ₹600 Cr YoY (= BEAT)
- New logo additions → 7 added in FY26 vs 3 in FY25 (= BEAT)
Partly delivered
- Sales headcount → added 40-50 executives to strengthen function (= PARTIAL)
Missed
- Revenue momentum → Q4 revenue flat YoY due to one-off base (= MISS)
- Employee costs → spiked significantly due to labor code/hiring (= MISS)
Earnings Call Transcript filed with NSE, NSE: NUCLEUS. Summary written with AI assistance from the document.
Nucleus Software Exports Ltd: key numbers
- Share price
- ₹633.70
- Market cap
- ₹1,668 Cr
- Revenue (annual)
- ₹876.0 Cr
- Net profit (annual)
- ₹116.7 Cr
- P/E (TTM)
- 15.8×Sector 21.8×
- Promoter holding
- 73.60%+0.00% QoQ
- FII holding
- 3.32%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Nucleus Software Exports Ltd
All →Nucleus Software Exports Management Change
Nucleus Software Exports appointed Mr. Sudhanshu Tripathi as Chief Marketing Officer effective September 21, 2026. He brings over two decades of technology-marketing leadership experience.
Nucleus Software Exports Other Announcement
Nucleus Software Exports Ltd has amended its Code of Conduct for Prevention of Insider Trading to align with SEBI regulations. This is a routine compliance update.
Nucleus Software Exports Employee Stock Options
Nucleus Software will acquire up to 1,14,187 equity shares through its Employee Incentive Trust to meet forthcoming vesting commitments under its RSU Scheme 2026.
- Execution
- on or before September 30, 2026
Nucleus Software Exports Other Announcement
Nucleus Software has filed its ESOP Trust Deed with stock exchanges as per SEBI regulations. This compliance intimation covers the legal establishment of its incentive trust.
Nucleus Software Exports Business Update
Nucleus Software announced that Stanbic IBTC Bank has upgraded its transaction banking capabilities to the FinnAxia 9.0 platform. This upgrade enhances digital banking and operational efficiency.
Nucleus Software Exports Product Launch
Nucleus Software launched FinnOne Neo 9.0 and FinnAxia 9.0 in Vietnam during its inaugural Synapse forum. The AI-powered platforms enhance digital lending and transaction banking capabilities.