Nucleus Software Exports LimitedQ1 FY27 Results & Financial Update
Nucleus Software Exports Limited: Q1 FY27 consolidated results and company financials – revenue ₹210.43 Cr, PAT ₹23.87 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
Quarter at a glanceReported figures and period changes.Changes compare like-for-like reported periods where available.
Find an answer
Ask this result
Chart · Market context
Nucleus Software Exports price & chart
Market price₹642.05
1Y return—Price return
Loading market chart…
TradingView Lightweight Charts™ · Copyright © 2025 TradingView, Inc.TradingView
Market chartPrice chart temporarily unavailableThe price chart could not be loaded right now. The reported financial results remain available above.
Spotted a factual error?Tell us the number, date or statement and we will re-check the underlying records and calculations.Report an error
Quarterly Results AnalysisExplore Nucleus Software Exports Q1 FY27 quarterly results and earnings: revenue, profit (PAT), EBITDA, margins, YoY and QoQ growth, order book or business updates where reported, financial performance and management commentary. Reported figures and Nivata calculations are shown separately; no buy, sell or hold recommendation is provided.
Quarter overview
Quarterly earnings analysis
Nucleus Software Exports Limited reported its financial and operational performance for the first quarter of fiscal year 2026-27 (Q1 FY27), showcasing continued investment in product innovation and global market expansion.
Consolidated revenue from operations for the quarter stood at Rs. 210.43 crore, compared to Rs. 217.72 crore in the corresponding quarter of the previous year and Rs. 224.77 crore in the preceding quarter.
Total consolidated income, inclusive of other income, was recorded at Rs. 228.26 crore for Q1 FY27, reflecting stable non-operating inflows amidst softer operating revenue.
Profit before exceptional items and tax stood at Rs. 20.28 crore, while exceptional items contributed a positive credit of Rs. 9.82 crore arising from a reduction in employee benefit liabilities.
Consolidated profit after tax (PAT) for the quarter was reported at Rs. 23.87 crore, translating to basic and diluted earnings per share (EPS) of Rs. 9.07.
The company maintained a strong focus on strategic execution, leadership enhancement, and partnership development across key geographic regions during the period.
01 · Business model
What does Nucleus Software Exports do?
Nucleus Software Exports Limited is a publicly traded enterprise software product company that develops and implements lending and transaction banking platforms for financial institutions globally.
The company serves more than 200 banks and financial institutions across over 50 countries, supporting retail lending, corporate finance, SME finance, Islamic finance, automotive finance, and cash management.
Its flagship offerings include FinnOne Neo, a digital lending lifecycle platform, and FinnAxia, an integrated global transaction banking platform, alongside professional digital transformation and IT services.
Nucleus Software generates revenue primarily through software product licenses, implementation services, annual maintenance contracts, and related technology support services offered to banks and financial entities.
02 · Historical context
What shaped the business before this quarter
During Q1 FY27, the company marked five years of ongoing collaboration with Hatton National Bank, underscoring its long-term client retention and market-aligned transformation strategies.
During FY26, the company had recognized increased gratuity and compensated absences liabilities under the Code on Wages and associated labour codes, which were accounted for as exceptional items.
03 · Financial snapshot
Current quarter vs the two useful baselines
| Metric | Q1 FY27 | Year-ago | Previous quarter |
|---|---|---|---|
| Revenue from operations | ₹210.43 Cr | ₹217.72 Cr | ₹224.77 Cr |
| Total income | ₹228.26 Cr | ₹235.68 Cr | ₹239.69 Cr |
| Profit before tax | ₹30.10 Cr | ₹48.30 Cr | ₹41.51 Cr |
| Profit after tax | ₹23.87 Cr | ₹35.20 Cr | ₹34.55 Cr |
| EPS | ₹9.07 | ₹13.37 | ₹13.12 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 11.3% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 14.3% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹17.83 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
Revenue from operations was driven by software products and services deployments across domestic and international markets, generating Rs. 210.43 crore on a consolidated basis.
India remained the largest revenue contributor at Rs. 118.06 crore, followed by significant contributions from the Middle East at Rs. 25.48 crore and South East Asia at Rs. 22.81 crore.
What drove margins
Employee benefit expenses formed the largest cost component at Rs. 157.18 crore for the consolidated entity during Q1 FY27, compared to Rs. 145.55 crore in Q1 FY26.
Operating and other expenses increased to Rs. 45.29 crore on a consolidated basis, reflecting ongoing investments in business operations and delivery infrastructure.
Margins were supported by an exceptional credit of Rs. 9.82 crore recognized due to a reduction in gratuity and compensated absences liabilities following a remuneration structure revision.
05 · Demand, customers & order book
Where demand is coming from
Nucleus platforms continue to support major financial institutions, with its lending platform managing over $1.2 trillion in loans globally and its transaction banking platform managing over $15 trillion in transactions annually.
06 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
Segment profit before tax varied across regions, with India contributing Rs. 46.67 crore, Europe contributing Rs. 5.95 crore, and the Middle East contributing Rs. 4.17 crore.
Geography and market mix
The company entered into a strategic partnership in Indonesia during Q1 FY27 to further develop its regional partner and customer ecosystem in South East Asia.
07 · Strategy & new businesses
How the company is trying to change its growth mix
The company continued to enhance FinnOne Neo and FinnAxia with a focus on intelligent automation, responsible AI, composable architecture, real-time processing, and regulatory readiness.
08 · Reported developments
What changed operationally
Nucleus Software appointed Mr. Bhavit Godiwala as Chief Customer Success Officer to deepen customer relationships, strengthen governance, and accelerate value realization globally.
The final dividend of Rs. 12.50 per equity share recommended for FY26 was approved by shareholders at the AGM on July 27, 2026, and paid out on July 28, 2026.
09 · Items worth noticing
The line items that can distort a quick read
The company recognized an exceptional credit of Rs. 9.82 crore (Rs. 6.99 lakh reduction in gratuity liability and Rs. 2.83 lakh reduction in compensated absences liability) during Q1 FY27 following a revision in the remuneration structure.
10 · Beyond the numbers
What changed beyond the numbers
Reported update
Employee RSU grant
The Board of Directors approved the grant of 2,50,000 RSUs to eligible employees under the Nucleus Software RSU Scheme 2026, convertible into an equal number of equity shares of face value Rs. 10 each.
11 · Previous-quarter changes
What changed since the previous quarter
Consolidated revenue from operations changed from Rs. 224.77 crore in Q4 FY26 to Rs. 210.43 crore in Q1 FY27, while PAT moved from Rs. 34.55 crore to Rs. 23.87 crore.
12 · Key Q&A
The quarter, answered directly
What does Nucleus Software Exports do?
Nucleus Software Exports Limited is a publicly traded enterprise software product company that develops and implements lending and transaction banking platforms for financial institutions globally.
What is the clearest takeaway from Q1 FY27?
Nucleus Software Exports Limited reported its financial and operational performance for the first quarter of fiscal year 2026-27 (Q1 FY27), showcasing continued investment in product innovation and global market expansion.
What drove revenue or demand?
Revenue from operations was driven by software products and services deployments across domestic and international markets, generating Rs. 210.43 crore on a consolidated basis.
What mattered most for margins or profitability?
Employee benefit expenses formed the largest cost component at Rs. 157.18 crore for the consolidated entity during Q1 FY27, compared to Rs. 145.55 crore in Q1 FY26.
What changed operationally beyond the headline numbers?
The company continued to enhance FinnOne Neo and FinnAxia with a focus on intelligent automation, responsible AI, composable architecture, real-time processing, and regulatory readiness.
What should the next disclosure help confirm?
Monitor the progress and revenue contribution from the newly established strategic partnership in Indonesia and ongoing regional partner network developments.
13 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
Starting point
Build your own next-quarter scenario
Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.
Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.
Scenario output
Scenario revenue / income₹0 cr
Scenario profit after tax₹0 cr
Profit change vs base₹0 cr (0%)
Scenario margin0%
Growth needed to keep profit flat after this margin move0%
The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.
14 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
International expansion execution: Monitor the progress and revenue contribution from the newly established strategic partnership in Indonesia and ongoing regional partner network developments.
- 02
AI and product modernization adoption: Track the commercial adoption and client deployment milestones of enhanced digital lending and transaction banking platforms featuring responsible AI and composable architecture.
Learn the metrics
Need the concepts first?
Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.