• Revenues in Q3 2021-22 at Rs.121.59 Crores on a consolidated basis.
• PAT in Q3 2021-22 at Rs. 8.04 Crores on a consolidated basis.
• EPS at Rs. 3.04 on a standalone basis and Rs. 2.77 on a consolidated basis.

Delhi, February 8, 2022: Nucleus Software, the BSE & NSE listed, India’s leading provider of lending and transaction banking solutions to the global financial services industry, announced its financial results on February 7, 2022 for the quarter ended December 31, 2021. Reinforcing their commitment to drive the digital transformation of the BFSI industry, the company is continuing to invest heavily in talent and futuristic technologies to ensure long term growth.

Highlights of the Quarter Ended December 31st, 2021

• Revenue at Rs.121.59 crores, -2% YoY.
• Operating Margin at 4.43%; 0.34% QoQ, -16.64% YoY.
• Net Income at Rs. 8.04 crores, -68% YoY | Net Margin at 6.6%.

Commenting on the quarter results, Mr. Vishnu R Dusad, Managing Director, Nucleus Software, said: “This is one of those unique years, when despite the huge turbulences in the environment, we have taken some of the strongest and boldest steps to continue building strength for all our stakeholders. We have continued to innovate for our customers coming out with brilliant six monthly releases, full of ultra-flexible ultra-rich functionalities. Opportunities for all the Nucleites to continue growing to the best of their abilities have been further enhanced during the period. Likewise for our shareholders we have completed a Buyback, that is the biggest so far, in the process ensuring that all our stakeholders’ interests are taken care of. ”

Mr. Parag Bhise, Chief Executive Officer, Nucleus Software, said: “While it continued to be another tough Quarter, I am happy to share that we have been able to recruit a large number of freshers and they are at various stages of onboarding including many who have started to contribute to our deliveries and thus to the topline. We are otherwise experiencing good traction from the market, both with our existing as well as new customers and we have a sizeable work in hand as well as a strong pipeline. With many initiatives taken in this quarter to strengthen both the security and helping Nucleites in upgrading the skills and knowledge by providing them with better working environment, we are expecting significant productivity gains to come in, in the coming quarters. ”

About Nucleus Software

Nucleus Software Exports Ltd. Is a publicly traded (BSE: 531209, NSE: NUCLEUS), software product company that provides lending and transaction banking products to global financial leaders.

Nucleus Software delivers disruptive Fintech Solutions to 200+ Banks and Financial Institutions across 50 countries supporting Retail, Corporate & SME Finance, Islamic Finance, Automotive Finance, Captive Automotive Finance, Cash Management, Mobile & Internet Banking, Transaction Banking and more. We facilitate over 26 million transactions each day through our globally integrated transaction banking platform. Our lending platform manages US $ 500 billion of loans in India alone, and over US $700 billion of loans globally other than India, while enabling 500,000+ users to log in daily.

Our Flagship Products FinnOne Neo® and FinnAxia® are backed by 3 decades of BFSI domain expertise and an inbuilt AI powered platform to realize the digital transformation goals of FIs worldwide.

1. FinnOne Neo®: The next-generation digital lending platform, designed to revolutionize the lending process. FinnOne Neo® is built on an advanced technology platform, empowering financial institutions to streamline their lending operations, enhance customer experiences, and drive business growth.
2. FinnAxia®: An integrated global transaction banking suite, trusted by banks worldwide to optimize their transaction banking processes. With FinnAxia®, financial institutions can efficiently manage their cash management, trade finance, liquidity management, and other transaction banking activities on a single platform, thereby improving operational efficiency, visibility, and enhancing client relationships.
3. PaySe®: The world’s first online and offline digital payment solution, created with the vision to democratize money. This innovative payment solution offers users a seamless and convenient way to conduct digital transactions, both online and offline, facilitating financial inclusion and empowering individuals and businesses.
4. Nucleus Software Services: Our comprehensive suite of services is tailored to assist banks and financial institutions in their digital transformation journey and maintain an optimal technology infrastructure. Through Nucleus Software Services, we offer a holistic approach to digital transformation, enabling organizations to deliver seamless customer experiences, achieve operational and cost efficiencies, and gain actionable insights to drive strategic decision-making.

These offerings collectively underline Nucleus Software’s commitment to driving innovation and empowering financial institutions to thrive in an increasingly digital world.

For Media related information, please contact:
Deepika Gulabani
Corporate Communications
Email: deepika.gulabani@nucleussoftware.com
Phone: +91-9310334963