Nucleus Software Exports Ltd

Nucleus Software Exports Ltd

₹ 1,147 0.89%
12 Dec 10:30 a.m.
About

Nucleus Software provides lending and transaction banking products to the global financial services industry. As a pioneer in retail and corporate banking software since 1986.

Their software powers the operations of more than 200 Financial Institutions in over 50 countries, supporting retail lending, corporate banking, cash management, mobile and internet banking, automotive finance and other business areas. [1]

Key Points

Leading Software Developer
Nucleus Software Exports Limited is an Indian IT company in the Banking and Financial Services sector. It offers IT and consultancy services to companies in the banking industry and processes 3,00,000 daily userlogs, 200$ B value of loans and 26 Million transactions per day. [1]

  • Market Cap 3,072 Cr.
  • Current Price 1,147
  • High / Low 1,830 / 1,041
  • Stock P/E 19.6
  • Book Value 268
  • Dividend Yield 1.09 %
  • ROCE 32.0 %
  • ROE 24.0 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 28.1%

Cons

  • Earnings include an other income of Rs.60.3 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
114 122 153 129 130 169 206 207 205 204 210 195 202
109 116 128 114 119 121 123 144 153 156 152 166 170
Operating Profit 5 6 25 15 11 48 83 63 52 48 58 29 32
OPM % 4% 5% 16% 11% 9% 28% 40% 30% 25% 23% 28% 15% 16%
10 8 6 6 9 9 10 13 12 12 14 15 19
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 3 4 5 5 5 5 4 4 4 4 4 4 4
Profit before tax 11 9 26 16 15 52 89 72 60 56 68 40 47
Tax % 22% 15% 30% 31% 26% 26% 24% 25% 26% 26% 24% 24% 29%
9 8 18 11 11 38 68 54 45 41 52 30 33
EPS in Rs 2.95 2.77 6.83 4.02 4.12 14.32 25.27 20.01 16.65 15.43 19.47 11.28 12.35
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
294 346 353 349 372 412 484 521 514 497 634 826 812
247 278 287 318 319 353 405 427 384 460 478 606 645
Operating Profit 46 68 66 31 54 59 79 94 129 37 157 220 167
OPM % 16% 20% 19% 9% 14% 14% 16% 18% 25% 7% 25% 27% 21%
20 24 33 26 32 29 27 37 39 35 34 51 60
Interest 0 1 1 1 1 1 1 1 1 1 1 1 1
Depreciation 6 8 12 12 11 7 10 14 14 15 19 15 15
Profit before tax 60 83 87 44 74 80 96 117 154 56 171 256 211
Tax % 25% 23% 25% 26% 11% 22% 23% 24% 23% 26% 25% 25%
45 64 65 32 66 63 75 89 118 41 128 192 157
EPS in Rs 13.95 19.87 19.98 10.03 20.43 21.54 25.67 30.64 40.62 15.28 47.73 71.56 58.53
Dividend Payout % 22% 30% 25% 50% 24% 37% 35% 29% 22% 46% 21% 17%
Compounded Sales Growth
10 Years: 9%
5 Years: 11%
3 Years: 17%
TTM: 3%
Compounded Profit Growth
10 Years: 11%
5 Years: 18%
3 Years: 18%
TTM: -23%
Stock Price CAGR
10 Years: 20%
5 Years: 32%
3 Years: 31%
1 Year: -20%
Return on Equity
10 Years: 15%
5 Years: 17%
3 Years: 17%
Last Year: 24%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 32 32 32 32 32 29 29 29 29 27 27 27 26
Reserves 318 365 406 425 503 432 480 532 643 467 584 751 690
-0 -0 -0 1 -0 -0 -0 6 6 2 6 5 3
109 116 118 123 131 184 177 196 206 241 257 332 428
Total Liabilities 459 513 556 581 665 645 685 763 885 737 874 1,114 1,147
51 61 58 54 48 48 47 57 50 59 50 59 57
CWIP -0 1 1 1 0 -0 0 0 1 0 1 1 6
Investments 155 224 170 245 441 387 424 475 635 480 525 649 656
253 228 328 281 176 210 214 231 200 198 298 406 428
Total Assets 459 513 556 581 665 645 685 763 885 737 874 1,114 1,147

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
74 66 37 33 95 77 56 75 115 58 50 222
-66 -56 -15 7 -78 61 -28 -28 -126 159 -12 -197
-9 -10 -23 -36 -1 -135 -26 -34 -13 -213 -23 -30
Net Cash Flow -1 0 -1 4 16 3 2 12 -24 3 15 -5

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 87 44 87 90 60 70 54 63 63 61 100 73
Inventory Days
Days Payable
Cash Conversion Cycle 87 44 87 90 60 70 54 63 63 61 100 73
Working Capital Days 19 -5 14 9 -43 -66 -51 -51 -58 -75 -14 -36
ROCE % 18% 21% 19% 10% 15% 16% 19% 21% 22% 6% 27% 32%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
67.59% 73.28% 73.28% 73.27% 73.27% 73.27% 73.26% 73.27% 73.26% 73.26% 73.26% 73.59%
3.74% 2.85% 2.87% 2.61% 2.63% 4.20% 3.99% 3.69% 5.02% 5.65% 5.35% 5.62%
0.00% 0.00% 0.00% 0.16% 0.00% 0.33% 0.34% 0.59% 1.65% 1.90% 2.10% 1.75%
28.67% 23.88% 23.85% 23.96% 24.10% 22.20% 22.40% 22.45% 20.05% 19.18% 19.28% 19.02%
No. of Shareholders 47,22338,71338,39438,17537,85231,60631,74233,31830,41829,90036,28145,592

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls