Nucleus Software Exports' Q1 FY 2026-27 Quarterly Results

Result Summary

• Nucleus Software Exports Ltd reported a 4.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a decline of 3.1%.
• Its expenses for the quarter were up by 6.6% QoQ and 11.0% YoY.
• The net profit decreased 30.9% QoQ and decreased 32.2% YoY.
• The earnings per share (EPS) of Nucleus Software Exports Ltd stood at 9.07 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Nucleus Software Exports Ltd is a company specializing in providing software solutions to the banking and financial services industry. Its primary offerings include products for lending and transaction banking. The company is known for its flagship products, FinnOne and FinnAxia, which cater to retail and corporate banking customers. As of the latest information available, there have been no significant recent developments or changes announced publicly by the company. Nucleus Software Exports Ltd operates within the technology sector, focusing on financial technology solutions that aim to enhance the operational efficiency of financial institutions.

Revenue

For the first quarter of the fiscal year 2027 (Q1FY27), Nucleus Software Exports Ltd reported a total income of ₹228.26 crores. This represents a quarter-over-quarter (QoQ) decline of 4.8% compared to the previous quarter (Q4FY26), where the total income was ₹239.69 crores. Year-over-year (YoY), there was a decrease of 3.1% from the same quarter in the previous fiscal year (Q1FY26), which recorded a total income of ₹235.68 crores. The decline in total income on both a quarterly and annual basis suggests changes in revenue generation, although specific factors contributing to these changes are not detailed within the provided data.

Profitability

The company's profitability for Q1FY27 showed a decrease in several key metrics compared to both the previous quarter and the same quarter in the previous year. Profit Before Tax (PBT) for Q1FY27 was ₹30.10 crores, down 27.5% QoQ from ₹41.51 crores in Q4FY26, and a 37.7% YoY decrease from ₹48.30 crores in Q1FY26. The Profit After Tax (PAT) also decreased to ₹23.87 crores, reflecting a 30.9% QoQ decline from ₹34.55 crores in Q4FY26, and a 32.2% YoY decrease from ₹35.20 crores in Q1FY26. Earnings Per Share (EPS) mirrored the PAT trend, standing at ₹9.07 for Q1FY27, also down by 30.9% QoQ and 32.2% YoY. These declines in profitability metrics indicate a reduction in the company's earnings capabilities during this period.

Operating Metrics

Total expenses for Q1FY27 amounted to ₹207.98 crores, marking an increase of 6.6% from the previous quarter's expenses of ₹195.08 crores. On a YoY basis, expenses rose by 11.0% from ₹187.38 crores in Q1FY26. The increase in total expenses, amid declining income, contributed to the reduced profitability metrics. The effective tax rate appears to have decreased, as the tax expense fell by 10.5% QoQ to ₹6.23 crores in Q1FY27 from ₹6.96 crores in Q4FY26, and dropped by 52.4% YoY from ₹13.10 crores in Q1FY26. The changes in operating metrics, including expenses and tax, play a critical role in the overall financial performance of the company for the quarter.