Nucleus Software Exports Ltd
NSE:NUCLEUS
Nucleus Software Exports Ltd
Nucleus Software Exports Ltd. engages in the provision of software solutions to the banking and financial services industry. The company is headquartered in Noida, Uttar Pradesh and currently employs 1,750 full-time employees. The company went IPO on 2003-05-07. The company is engaged in the business of development and marketing of software, product and software services for business entities in the banking and financial services (BFS) vertical having its operating units located in Noida, Uttar Pradesh. The company operates in seven geographical segments: India, Far East, Southeast Asia, Europe, Middle East, Africa and Australia. Its two flagship products include FinnOne Neo and FinnAxia. FinnOne Neo suite is an end-to-end solution for lending businesses. FinnAxia suite offers an enterprise solution for the transaction banking operations of corporate banks. The company provides various lending's, such as FinnOne Neo retail lending, FinnOne Neo corporate lending, FinnOne Neo digital channels, and Nucleus lending analytics. Its transaction banking includes FinnAxia digital ecosystem, advisory services and FinnAxia cash and liquidity management.
Nucleus Software Exports Ltd. engages in the provision of software solutions to the banking and financial services industry. The company is headquartered in Noida, Uttar Pradesh and currently employs 1,750 full-time employees. The company went IPO on 2003-05-07. The company is engaged in the business of development and marketing of software, product and software services for business entities in the banking and financial services (BFS) vertical having its operating units located in Noida, Uttar Pradesh. The company operates in seven geographical segments: India, Far East, Southeast Asia, Europe, Middle East, Africa and Australia. Its two flagship products include FinnOne Neo and FinnAxia. FinnOne Neo suite is an end-to-end solution for lending businesses. FinnAxia suite offers an enterprise solution for the transaction banking operations of corporate banks. The company provides various lending's, such as FinnOne Neo retail lending, FinnOne Neo corporate lending, FinnOne Neo digital channels, and Nucleus lending analytics. Its transaction banking includes FinnAxia digital ecosystem, advisory services and FinnAxia cash and liquidity management.
Revenue Growth: Quarterly consolidated revenue rose to INR 220.03 crores, up from INR 213.51 crores in the previous quarter and INR 205.7 crores a year ago.
Profit Decline: Net profit fell to INR 20.7 crores from INR 26.29 crores quarter-on-quarter and INR 34.97 crores year-on-year.
Client Additions: The company added 2 new logos this quarter and 7 new clients so far this year, all in the lending business and on the latest FinnOne Neo platform.
Cost Pressures: Cost of delivery is expected to rise due to new labor codes, with AI and efficiency efforts likely to partially offset increases.
Order Pipeline: Management reported better deal closures this quarter and a strong pipeline for upcoming quarters, though deal cycles remain long.
AI Integration: AI features are being embedded into product offerings, with some capabilities already available and more in development per customer demand.
Migration Progress: About half of the client base has migrated to FinnOne Neo, with full migration expected to take 3–4 more years.