India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,320 Vishnu R Dusad & family ₹1,700 Cr
Market Cap
₹1,722 Cr
NUCLEUS · NSE
Share Price
₹646.95
-1.12% today
Revenue
₹876 Cr
FY 2025-26 · +5.3% YoY
EBITDA
₹104 Cr
Margin 11.8%
Net Profit
₹113 Cr
FY 2025-26 · -15.9% YoY
P/E (TTM)
15.4x
P/B 1.9x
ROE
13.6%
ROCE 16.5%
Debt / Equity
0.01
Interest cover 1.6x
About Nucleus Software Exports Limited
Data last updated:
Nucleus Software Exports Limited is a public limited company based in New Delhi, Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 09 January 1989 and has been in existence for over 37 years.
Its director Vishnu R Dusad and family are #1,320 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L74899DL1989PLC034594. Its GSTIN is 07AAACN5382P1ZX (Delhi). The company holds 5 GST registrations, of which 4 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 531209 and NSE: NUCLEUS.
The company has an authorised share capital of ₹45.1 Cr and a paid-up capital of ₹26.33 Cr. It was formerly known as Nucleus Software Exports Private Limited. It is led by directors including Vishnu Rampratap Dusad (Managing Director) and Parag Bhise (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 33 – 35 Thyagraj Nagar Market, New Delhi, Delhi, India – 110003.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹876.03 Cr, a growth of 5.3% compared to the previous year. For the same year it recorded a net profit of ₹112.59 Cr (net margin 12.9%) and EBITDA of ₹103.62 Cr (EBITDA margin 11.8%). The net worth stands at ₹907.45 Cr (up 11.5% YoY). Total assets are valued at ₹974.78 Cr (up 13.8% YoY).
The company has about 1,786 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 3 brands: Avon Mobility, Nucleus Software and PaySe. As per MCA filings, the company has open charges of ₹4.9 Cr and satisfied charges of ₹5.05 Cr on record. Court records list 20 cases involving the company, including 12 filed by the company and 8 filed against it; 8 cases are pending. The company has 26 deals on record (23 market trades, 2 buybacks, 1 secondary share transfer); the latest was in August 2024. Its 4 peer companies in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 1 larger and 3 smaller; the largest is Hexagon Capability Center India Private Limited with revenue of ₹940.32 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nucleussoftware.com.
Company details
CIN L74899DL1989PLC034594
Registration Number 034594
Incorporation Date 09 January 1989
ROC Delhi
Listing Status Listed - Listed on NSE (NUCLEUS); Listed on BSE (531209)
Company Status Active
Date of Last AGM 27 July 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Key People
Vishnu Rampratap Dusad Managing Director Parag Bhise Whole-Time Director Ritika Dusad Whole-Time Director Recognitions & Rankings of Nucleus Software Exports
Contact details
Nucleus Software Exports Limited's registered office is in New Delhi, Delhi. Its website is nucleussoftware.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address33 – 35 Thyagraj Nagar Market, New Delhi, Delhi, India – 110003
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Nucleus Software Exports Limited, buy the company report.
Comprehensive company report
Nucleus Software Exports Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Nucleus Software Exports operates multiple associated brands including Avon Mobility, Nucleus Software, and PaySe. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers software solutions for the logistics and banking industries. | avonmobility.com | |
| Core banking platforms are supplied to banks and financial institutions. | nucleussoftware.com | |
| Digital payment solutionprovider | payse.cash |
Business activity
The main business activity of Nucleus Software Exports is information and communication. In detail, this covers computer programming, consultancy and related activities and other information & communication service activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | |
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Nucleus Software Exports Limited, buy the company report.
Financials of Nucleus Software Exports Limited
FY 2025-26 filings availableNucleus Software Exports Limited reported revenue of ₹876.03 Cr (up 5.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹876 Cr
+5.3% YoY
EBITDA
₹104 Cr
-38.4% YoY
Profit After Tax
₹113 Cr
-15.9% YoY
Net Worth
₹907 Cr
+11.5% YoY
Total Assets
₹975 Cr
+13.8% YoY
Total Debt
₹8.55 Cr
+327.5% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 876 | 832 | 826 | 634 | 497 | 514 | 521 |
| Revenue growth | +5.3% | +0.7% | +30.3% | +27.6% | -3.2% | -1.4% | - |
| EBITDA | 104 | 168 | 220 | 157 | 37.03 | 129 | 94.22 |
| EBITDA margin | +11.8% | +20.2% | +26.7% | +24.7% | +7.5% | +25.2% | +18.1% |
| Profit before tax | 150 | 219 | 256 | 171 | 55.50 | 154 | 117 |
| Net profit | 113 | 134 | 167 | 112 | 26.22 | 102 | 84.76 |
| Net profit margin | +12.9% | +16.1% | +20.2% | +17.6% | +5.3% | +19.9% | +16.3% |
| EPS (₹) | 44.34 | 61.91 | 71.57 | 47.74 | 15.28 | 40.62 | 30.64 |
| Balance sheet | |||||||
| Total assets | 975 | 857 | 813 | 642 | 521 | 689 | 577 |
| Net worth | 907 | 814 | 777 | 611 | 494 | 672 | 561 |
| Total debt | 8.55 | 2.00 | 4.59 | 6.26 | 2.33 | 6.30 | 6.32 |
| Cash & bank | 123 | 123 | 73.94 | 51.11 | 56.00 | 44.90 | 88.34 |
| Net working capital | 19.60 | 25.87 | (8.42) | 26.49 | (46.37) | (36.94) | 15.71 |
| Cash flow | |||||||
| Cash from operations | 117 | 151 | 222 | 49.84 | 57.67 | 115 | 74.73 |
| Cash from investing | (51.41) | (20.48) | (197) | (12.45) | 159 | (126) | (28.41) |
| Cash from financing | (36.50) | (126) | (30.16) | (22.65) | (213) | (13.34) | (34.07) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 210 | 225 | 220 | 214 | 218 | 229 | 206 | 202 |
| Revenue growth (YoY) | -3.4% | -1.8% | +7.0% | +5.6% | +11.4% | - | - | - |
| Other income | 27.65 | 14.92 | 15.12 | 16.16 | 17.96 | 16.62 | 15.57 | 19.02 |
| EBITDA | 7.96 | 31.86 | 14.37 | 23.41 | 33.98 | 74.50 | 33.20 | 31.71 |
| EBITDA margin | +3.8% | +14.2% | +6.5% | +11.0% | +15.6% | +32.5% | +16.1% | +15.7% |
| Depreciation | 5.14 | 4.93 | 4.33 | 3.83 | 3.40 | 3.41 | 3.58 | 3.94 |
| Interest | 0.37 | 0.34 | 0.50 | 0.33 | 0.24 | 0.17 | 0.19 | 0.19 |
| Profit before tax | 30.10 | 41.51 | 24.66 | 35.41 | 48.30 | 87.54 | 45.00 | 46.60 |
| Tax | 6.23 | 6.96 | 3.96 | 9.12 | 13.10 | 22.77 | 10.03 | 13.54 |
| Net profit | 23.87 | 34.55 | 20.70 | 26.29 | 35.20 | 64.77 | 34.97 | 33.06 |
| EPS (₹) | 9.07 | 13.12 | 7.86 | 9.99 | 13.37 | 24.60 | 13.28 | 12.35 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 806 | 769 | 766 | 585 | 448 | 454 | 444 |
| Revenue growth | +4.9% | +0.3% | +31.0% | +30.5% | -1.4% | +2.3% | - |
| EBITDA | 93.11 | 160 | 214 | 157 | 36.41 | 122 | 77.28 |
| EBITDA margin | +11.6% | +20.8% | +27.9% | +26.9% | +8.1% | +26.9% | +17.4% |
| Profit before tax | 150 | 216 | 249 | 173 | 56.86 | 147 | 129 |
| Net profit | 114 | 133 | 161 | 114 | 27.37 | 105 | 99.88 |
| Net profit margin | +14.2% | +17.3% | +21.1% | +19.6% | +6.1% | +23.1% | +22.5% |
| EPS (₹) | 44.93 | 61.44 | 69.46 | 48.70 | 15.73 | 38.58 | 35.20 |
| Balance sheet | |||||||
| Total assets | 938 | 824 | 783 | 617 | 493 | 660 | 557 |
| Net worth | 875 | 783 | 749 | 588 | 469 | 647 | 542 |
| Total debt | 7.90 | 1.91 | 3.98 | 5.85 | 0.77 | 3.26 | 5.49 |
| Cash & bank | 94.84 | 91.06 | 46.43 | 33.41 | 35.34 | 23.58 | 73.93 |
| Net working capital | (16.86) | (7.41) | (38.58) | 2.32 | (72.90) | (63.61) | (4.23) |
| Cash flow | |||||||
| Cash from operations | 102 | 139 | 212 | 51.92 | 56.41 | 106 | 69.07 |
| Cash from investing | (32.78) | (12.88) | (197) | (12.93) | 159 | (126) | (9.36) |
| Cash from financing | (35.93) | (125) | (28.92) | (21.32) | (211) | (11.29) | (31.92) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 194 | 207 | 202 | 196 | 201 | 213 | 189 | 185 |
| Revenue growth (YoY) | -3.5% | -2.9% | +7.0% | +6.0% | +10.5% | - | - | - |
| Other income | 27.56 | 14.80 | 14.97 | 18.96 | 24.28 | 16.61 | 15.28 | 23.16 |
| Total expenses | 187 | 177 | 192 | 175 | 169 | 141 | 160 | 155 |
| EBITDA | 6.36 | 30.18 | 9.93 | 21.41 | 31.59 | 71.62 | 28.57 | 30.19 |
| EBITDA margin | +3.3% | +14.6% | +4.9% | +10.9% | +15.7% | +33.6% | +15.1% | +16.3% |
| Depreciation | 4.89 | 4.67 | 4.07 | 3.57 | 3.16 | 3.16 | 3.34 | 3.69 |
| Interest | 0.28 | 0.28 | 0.42 | 0.25 | 0.17 | 0.12 | 0.14 | 0.14 |
| Profit before tax | 28.75 | 40.03 | 20.41 | 36.55 | 52.54 | 84.95 | 40.37 | 49.52 |
| Tax | 5.80 | 6.58 | 2.99 | 8.70 | 12.95 | 21.75 | 9.50 | 13.00 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 210 | 225 | 220 | 214 | 218 | 229 | 206 | 202 |
| Revenue growth (YoY) | -3.4% | -1.8% | +7.0% | +5.6% | +11.4% | - | - | - |
| Other income | 27.65 | 14.92 | 15.12 | 16.16 | 17.96 | 16.62 | 15.57 | 19.02 |
| EBITDA | 7.96 | 31.86 | 14.37 | 23.41 | 33.98 | 74.50 | 33.20 | 31.71 |
| EBITDA margin | +3.8% | +14.2% | +6.5% | +11.0% | +15.6% | +32.5% | +16.1% | +15.7% |
| Depreciation | 5.14 | 4.93 | 4.33 | 3.83 | 3.40 | 3.41 | 3.58 | 3.94 |
| Interest | 0.37 | 0.34 | 0.50 | 0.33 | 0.24 | 0.17 | 0.19 | 0.19 |
| Profit before tax | 30.10 | 41.51 | 24.66 | 35.41 | 48.30 | 87.54 | 45.00 | 46.60 |
| Tax | 6.23 | 6.96 | 3.96 | 9.12 | 13.10 | 22.77 | 10.03 | 13.54 |
| Net profit | 23.87 | 34.55 | 20.70 | 26.29 | 35.20 | 64.77 | 34.97 | 33.06 |
| EPS (₹) | 9.07 | 13.12 | 7.86 | 9.99 | 13.37 | 24.60 | 13.28 | 12.35 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 876 | 832 | 826 | 634 | 497 | 514 | 521 |
| Revenue growth | +5.3% | +0.7% | +30.3% | +27.6% | -3.2% | -1.4% | - |
| Other income | 64.16 | 66.26 | 50.90 | 34.06 | 34.66 | 39.56 | 37.23 |
| Total expenses | 772 | 664 | 606 | 478 | 460 | 384 | 427 |
| Employee cost | 589 | 535 | 491 | 394 | 394 | 331 | 322 |
| EBITDA | 104 | 168 | 220 | 157 | 37.03 | 129 | 94.22 |
| EBITDA margin | +11.8% | +20.2% | +26.7% | +24.7% | +7.5% | +25.2% | +18.1% |
| Depreciation | 16.49 | 14.81 | 14.55 | 18.73 | 15.38 | 13.87 | 13.55 |
| Interest | 1.41 | 0.75 | 0.95 | 1.02 | 0.81 | 1.22 | 1.12 |
| Profit before tax | 150 | 219 | 256 | 171 | 55.50 | 154 | 117 |
| Tax | 33.14 | 56.05 | 64.20 | 43.29 | 14.59 | 35.86 | 27.79 |
| Net profit | 113 | 134 | 167 | 112 | 26.22 | 102 | 84.76 |
| Net profit margin | +12.9% | +16.1% | +20.2% | +17.6% | +5.3% | +19.9% | +16.3% |
| EPS (₹) | 44.34 | 61.91 | 71.57 | 47.74 | 15.28 | 40.62 | 30.64 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 26.33 | 26.33 | 26.77 | 26.77 | 26.77 | 29.04 | 29.04 |
| Reserves & surplus | 881 | 788 | 751 | 584 | 467 | 643 | 532 |
| Shareholders' funds (net worth) | 907 | 814 | 777 | 611 | 494 | 672 | 561 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 8.55 | 2.00 | 4.59 | 6.26 | 2.33 | 6.30 | 6.32 |
| Total debt | 8.55 | 2.00 | 4.59 | 6.26 | 2.33 | 6.30 | 6.32 |
| Total liabilities | 975 | 857 | 813 | 642 | 521 | 689 | 577 |
| Assets | |||||||
| Gross block | 179 | 143 | 133 | 120 | 111 | 91.24 | 89.76 |
| Net block | 89.07 | 61.04 | 58.52 | 50.49 | 58.83 | 49.88 | 56.74 |
| Capital work in progress | 0.08 | 0.25 | 0.68 | 0.81 | 0.46 | 0.52 | 0.26 |
| Investments | 644 | 641 | 649 | 525 | 480 | 635 | 475 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 121 | 137 | 166 | 175 | 83.19 | 85.71 | 90.24 |
| Cash & bank balances | 123 | 123 | 73.94 | 51.11 | 56.00 | 44.90 | 88.34 |
| Loans & advances | 53.97 | 47.22 | 44.04 | 31.37 | 30.20 | 26.52 | 23.10 |
| Total current assets | 298 | 307 | 284 | 257 | 169 | 157 | 202 |
| Total current liabilities | 279 | 281 | 293 | 231 | 216 | 194 | 186 |
| Net working capital | 19.60 | 25.87 | (8.42) | 26.49 | (46.37) | (36.94) | 15.71 |
| Total assets | 975 | 857 | 813 | 642 | 521 | 689 | 577 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 50.46 | 45.80 | 50.49 | 35.75 | 32.27 | 56.77 | 44.52 |
| Net cash from operating activities | 117 | 151 | 222 | 49.84 | 57.67 | 115 | 74.73 |
| Net cash from investing activities | (51.41) | (20.48) | (197) | (12.45) | 159 | (126) | (28.41) |
| Net cash from financing activities | (36.50) | (126) | (30.16) | (22.65) | (213) | (13.34) | (34.07) |
| Net change in cash | 29.55 | 4.66 | (4.69) | 14.74 | 3.48 | (24.50) | 12.25 |
| Closing cash | 123 | 123 | 73.94 | 51.11 | 56.00 | 44.90 | 88.34 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +5.3% | +0.7% | +30.3% | +27.6% | -3.2% | -1.4% | - |
| EBITDA growth | -38.5% | -23.6% | +40.6% | +323.4% | -71.4% | +37.3% | - |
| PBT growth | -31.6% | -14.4% | +49.5% | +208.3% | -63.9% | +31.7% | +21.3% |
| Net income growth | -15.9% | -19.8% | +49.1% | +326.8% | -74.4% | +20.6% | - |
| Revenue CAGR (3Y) | +11.4% | +18.7% | +17.2% | +6.8% | +0.9% | +7.6% | +11.8% |
| EBITDA CAGR (3Y) | -12.9% | +65.7% | +19.4% | +18.5% | -22.4% | +30.1% | +20.5% |
| Profitability & leverage | |||||||
| Net income margin | +13.3% | +19.6% | +23.2% | +20.1% | +8.2% | +23.0% | +17.1% |
| Return on capital employed | +16.5% | +21.6% | +30.8% | +25.9% | +6.0% | +21.3% | +21.6% |
| Return on net worth | +13.6% | +16.8% | +24.0% | +20.3% | +4.5% | +16.6% | +16.6% |
| Debt / equity | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 1.62 | 0.49 | 0.46 | 0.74 | 3.74 | 1.06 | 1.39 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.44 | 6.03 | 6.53 | 5.49 | 4.92 | 5.67 | 6.42 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 6.78 | 5.48 | 4.85 | 4.92 | 5.77 | 5.84 | 6.46 |
| EPS (₹) | 44.34 | 61.91 | 71.57 | 47.74 | 15.28 | 40.62 | 30.64 |
| Dividend per share (₹) | 12.50 | 12.50 | 12.50 | 10.00 | 7.00 | 9.00 | 9.00 |
| Book value per share (₹) | 344.64 | 309.24 | 290.41 | 228.11 | 184.39 | 231.41 | 193.14 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 194 | 207 | 202 | 196 | 201 | 213 | 189 | 185 |
| Revenue growth (YoY) | -3.5% | -2.9% | +7.0% | +6.0% | +10.5% | - | - | - |
| Other income | 27.56 | 14.80 | 14.97 | 18.96 | 24.28 | 16.61 | 15.28 | 23.16 |
| Total expenses | 187 | 177 | 192 | 175 | 169 | 141 | 160 | 155 |
| EBITDA | 6.36 | 30.18 | 9.93 | 21.41 | 31.59 | 71.62 | 28.57 | 30.19 |
| EBITDA margin | +3.3% | +14.6% | +4.9% | +10.9% | +15.7% | +33.6% | +15.1% | +16.3% |
| Depreciation | 4.89 | 4.67 | 4.07 | 3.57 | 3.16 | 3.16 | 3.34 | 3.69 |
| Interest | 0.28 | 0.28 | 0.42 | 0.25 | 0.17 | 0.12 | 0.14 | 0.14 |
| Profit before tax | 28.75 | 40.03 | 20.41 | 36.55 | 52.54 | 84.95 | 40.37 | 49.52 |
| Tax | 5.80 | 6.58 | 2.99 | 8.70 | 12.95 | 21.75 | 9.50 | 13.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 806 | 769 | 766 | 585 | 448 | 454 | 444 |
| Revenue growth | +4.9% | +0.3% | +31.0% | +30.5% | -1.4% | +2.3% | - |
| Other income | 73.01 | 70.04 | 49.47 | 34.16 | 34.07 | 36.63 | 63.75 |
| Total expenses | 713 | 609 | 553 | 428 | 412 | 332 | 367 |
| Employee cost | 515 | 472 | 427 | 338 | 336 | 277 | 267 |
| EBITDA | 93.11 | 160 | 214 | 157 | 36.41 | 122 | 77.28 |
| EBITDA margin | +11.6% | +20.8% | +27.9% | +26.9% | +8.1% | +26.9% | +17.4% |
| Depreciation | 15.47 | 13.84 | 13.16 | 17.06 | 13.23 | 11.43 | 11.23 |
| Interest | 1.12 | 0.55 | 0.72 | 0.77 | 0.39 | 0.77 | 0.75 |
| Profit before tax | 150 | 216 | 249 | 173 | 56.86 | 147 | 129 |
| Tax | 31.22 | 54.02 | 63.17 | 43.02 | 14.76 | 34.48 | 26.83 |
| Net profit | 114 | 133 | 161 | 114 | 27.37 | 105 | 99.88 |
| Net profit margin | +14.2% | +17.3% | +21.1% | +19.6% | +6.1% | +23.1% | +22.5% |
| EPS (₹) | 44.93 | 61.44 | 69.46 | 48.70 | 15.73 | 38.58 | 35.20 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 26.33 | 26.33 | 26.77 | 26.77 | 26.77 | 29.04 | 29.04 |
| Reserves & surplus | 848 | 757 | 722 | 561 | 443 | 618 | 513 |
| Shareholders' funds (net worth) | 875 | 783 | 749 | 588 | 469 | 647 | 542 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 7.90 | 1.91 | 3.98 | 5.85 | 0.77 | 3.26 | 5.49 |
| Total debt | 7.90 | 1.91 | 3.98 | 5.85 | 0.77 | 3.26 | 5.49 |
| Total liabilities | 938 | 824 | 783 | 617 | 493 | 660 | 557 |
| Assets | |||||||
| Gross block | 164 | 128 | 114 | 102 | 94.88 | 74.02 | 72.37 |
| Net block | 75.67 | 47.92 | 44.64 | 36.43 | 43.37 | 32.49 | 41.30 |
| Capital work in progress | 0.08 | 0.25 | 0.65 | 0.81 | 0.46 | 0.50 | 0.26 |
| Investments | 659 | 656 | 664 | 540 | 494 | 649 | 489 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 113 | 129 | 157 | 165 | 75.91 | 80.92 | 79.96 |
| Cash & bank balances | 94.84 | 91.06 | 46.43 | 33.41 | 35.34 | 23.58 | 73.93 |
| Loans & advances | 45.80 | 43.43 | 37.51 | 25.08 | 22.01 | 20.87 | 20.81 |
| Total current assets | 254 | 263 | 241 | 223 | 133 | 125 | 175 |
| Total current liabilities | 271 | 271 | 280 | 221 | 206 | 189 | 179 |
| Net working capital | (16.86) | (7.41) | (38.58) | 2.32 | (72.90) | (63.61) | (4.23) |
| Total assets | 938 | 824 | 783 | 617 | 493 | 660 | 557 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 18.85 | 18.29 | 32.80 | 15.13 | 11.00 | 42.39 | 14.60 |
| Net cash from operating activities | 102 | 139 | 212 | 51.92 | 56.41 | 106 | 69.07 |
| Net cash from investing activities | (32.78) | (12.88) | (197) | (12.93) | 159 | (126) | (9.36) |
| Net cash from financing activities | (35.93) | (125) | (28.92) | (21.32) | (211) | (11.29) | (31.92) |
| Net change in cash | 32.89 | 0.56 | (14.51) | 17.67 | 4.13 | (31.39) | 27.79 |
| Closing cash | 94.84 | 91.06 | 46.43 | 33.41 | 35.34 | 23.58 | 73.93 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +4.9% | +0.3% | +31.0% | +30.5% | -1.4% | +2.3% | - |
| EBITDA growth | -41.9% | -25.0% | +36.0% | +331.4% | -70.2% | +58.0% | - |
| PBT growth | -30.7% | -13.4% | +43.7% | +204.9% | -61.2% | +13.5% | +38.0% |
| Net income growth | -13.8% | -17.8% | +41.0% | +318.0% | -74.0% | +5.2% | - |
| Revenue CAGR (3Y) | +11.3% | +19.7% | +19.0% | +9.6% | +4.1% | +10.4% | +14.1% |
| EBITDA CAGR (3Y) | -16.0% | +63.8% | +20.5% | +26.7% | -15.6% | +41.9% | +29.5% |
| Profitability & leverage | |||||||
| Net income margin | +14.7% | +21.0% | +24.3% | +22.3% | +9.4% | +24.7% | +23.0% |
| Return on capital employed | +17.1% | +22.1% | +31.0% | +27.6% | +6.5% | +24.2% | +25.1% |
| Return on net worth | +14.3% | +17.3% | +24.1% | +21.6% | +4.9% | +18.9% | +20.2% |
| Debt / equity | 0.01 | 0.00 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 1.44 | 0.38 | 0.36 | 0.55 | 1.68 | 0.70 | 1.14 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.52 | 6.33 | 7.08 | 5.94 | 5.31 | 6.21 | 6.95 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 6.66 | 5.37 | 4.76 | 4.86 | 5.71 | 5.65 | 6.30 |
| EPS (₹) | 44.93 | 61.44 | 69.46 | 48.70 | 15.73 | 38.58 | 35.20 |
| Dividend per share (₹) | 12.50 | 12.50 | 12.50 | 10.00 | 7.00 | 9.00 | 9.00 |
| Book value per share (₹) | 332.19 | 297.50 | 279.81 | 219.61 | 175.32 | 222.78 | 186.59 |
To see the full year-wise statements and ratios of Nucleus Software Exports Limited, buy the company report.
Board of directors of Nucleus Software Exports Limited
Nucleus Software Exports has 8 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Chandra Kandpal | Director | 12 Feb 2024 | 2 Years 8 Months | Current |
| Yasmin Javeri Krishan | Director | 30 Jul 2020 | 6 Years 2 Months | Current |
| Parag Bhise Also directs: Nucleus Software Limited | Whole-Time Director | 16 Mar 2020 | 6 Years 7 Months | Current |
| Shekar Viswanathan | Director | 12 Feb 2024 | 2 Years 8 Months | Current |
| Ritika Dusad Also directs: Karmayogi Holdings Private Limited | Whole-Time Director | 20 Jul 2016 | 10 Years 3 Months | Current |
| Vishnu Rampratap Dusad | Managing Director | 09 Jan 1989 | 37 Years 9 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Nucleus Software Exports Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hexagon Capability Center India Private Limited | ₹940.32 Cr (FY 2025) | 9.0% | Hyderabad, Telangana, India | |||
| Nucleus Software Exports Limitedthis company | ₹876.03 Cr (FY 2026) | ₹112.59 Cr | 12.9% | 5.3% | 1,786 | New Delhi, Delhi, India |
| Open Text Technologies India Private Limited | ₹844.63 Cr (FY 2025) | 20.0% | Hyderabad, Telangana, India | |||
| Qualys Security Techservices Private Limited | ₹841.81 Cr (FY 2025) | 16.0% | Pune, Maharashtra, India | |||
| Gep Solutions Private Limited | ₹816.02 Cr (FY 2025) | 10.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Nucleus Software Exports Limited, buy the company report.
Auditor
Nucleus Software Exports Limited is audited by ASA & Associates LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASA & Associates LLP | FY 2024 | 009571N/N500006 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 73.60%, foreign institutional investors hold 3.30%, domestic institutional investors hold 1.50% and retail and other public shareholders hold 21.60%.
Sep 2026
QUARTER
73.60% Promoters
1.50% DII (Domestic Institutional)
3.30% FII (Foreign Institutional)
21.60% Retail & Others
Promoter holding - history
Now 73.60% · Sep 2026High 73.60% · Dec 2025Low 73.60% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 73.60% | 73.60% | 73.60% | 73.60% |
| Public | 26.40% | 26.40% | 26.40% | 26.40% |
Charges & borrowings
Open charges
₹4.9 Cr
Satisfied charges
₹5.05 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2001 | 90043190 | Citi Bank N.A. | ₹4.9 Cr | Open | |
| 30 Aug 2017 | 100132511 | Yes Bank Limited | ₹5 Cr | Satisfied | |
| 11 Sep 1997 | 90042024 | Canara Bank | ₹5 Lakh | Satisfied |
To see the full charge records of Nucleus Software Exports Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Nucleus Software Exports Limited has 26 deals on record (23 market trades, 2 buybacks, 1 secondary share transfer); the latest was in August 2024.
Total deals
26
Market trades
23
Buybacks
2
Secondary share transfer
1
Deals on record (5 of 26)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | Market trade | ₹25.01 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| May 2023 | Market trade | ₹13.43 Cr | Buyer: XTX Markets LLP Seller: XTX Markets LLP |
| May 2023 | Market trade | ₹31.44 Cr | Buyer: Mansi Shares & Stock Advisors Pvt Ltd, Setu Securities Private Limited Seller: Mansi Shares & Stock Advisors Pvt Ltd, Setu Securities Private Limited |
| Dec 2009 | Market trade | ₹7.99 Cr | Buyer: Opg Securities Private Limited Seller: Opg Securities Private Limited |
| Dec 2009 | Market trade | ₹3.1 Cr | Buyer: Asit C Mehta Investment Interrmediates Ltd Seller: Asit C Mehta Investment Interrmediates Ltd |
To see the full deal history of Nucleus Software Exports Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nucleus Software Exports Limited has 20 court cases on record: 12 filed by Nucleus Software Exports, 8 filed against it. 8 cases are pending and 12 are disposed.
Total cases
20
Filed by the company
12
Filed against the company
8
Pending
8
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 3 | 4 |
| District courts | 8 | 5 | 4 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Fort Finance Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against Fort Finance Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed by the company against Fort Finance Limited | Pending |
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by Fort Finance Limited | Pending |
| High Court of Delhi | Arbitration matter | Filed by the company against Mentor Home Loans India Ltd. | Disposed |
To see the full case history of Nucleus Software Exports Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nucleus Software Exports Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Nucleus Software Exports has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Nucleus Software Limited | U74120DL2008PLC176975 |
To see the full group structure of Nucleus Software Exports Limited, buy the company report.
Employees & EPFO
Nucleus Software Exports Limited has a workforce of 1,786 employees on its EPFO records as of Dec 16, 2024, across 2 active EPFO establishments.
Employee count
1,786
Active EPFO establishments
2
Employee growth
7.85%
GST
Nucleus Software Exports has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACN5382P1ZX | Delhi | Active | 01 Jul 2017 |
| 09AAACN5382P1ZT | Uttar Pradesh | Active | 01 Jul 2017 |
| 27AAACN5382P1ZV | Maharashtra | Active | 01 Jul 2017 |
| 33AAACN5382P1Z2 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nucleus Software Exports Limited, buy the company report.
Recent activity
Nucleus Software Exports Limited has 20 board changes on record since 1989: 8 appointments and 12 cessations. The latest: Nitin Ramesh Gokarn was appointed as Director on 10 Feb 2026.
AGM
Nucleus Software Exports Limited last Annual general meeting of members was held on 27 Jul 2026 as per latest MCA records.
Filing
Nucleus Software Exports Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi I.
Appointed
Nitin Ramesh Gokarn was appointed as Director.
Appointed
Prakash Chandra Kandpal was appointed as Director.
Appointed
Shekar Viswanathan was appointed as Director.
Charges
A charge with Citi Bank N.A. of Rs. 4.90 Cr registered on 10 Sep 2001 with Charge ID 90043190 was modified on 09 Nov 2023.
Ceased
Anurag Mantri ceased to be Additional Director.
Appointed
Yasmin Javeri Krishan was appointed as Director.
Appointed
Parag Bhise was appointed as Whole-Time Director.
Ceased
Elaine Mathias ceased to be Director.
Ceased
Prithvi Pal Singh Haldea ceased to be Director.
Ceased
Sadhu Trilochan Sastry ceased to be Director.
17 earlier events are in the company report.
News
Nucleus Software Exports: Introduces AI Tool That Converts Loan Data Into Customized Videos In Over 11 Languages, Receives CII National AI Award
Nucleus Software: Co Appoints Sudhanshu Tripathi As CMO; Former Quick Heal, Sterlite Power, Cyient, Fino Paytech & TCS Executive Joins To Drive Global Growth
Frequently asked questions
Nucleus Software Exports is an active public limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 09 January 1989 (37+ years old) and is registered under CIN L74899DL1989PLC034594. Listed on BSE: 531209 and NSE: NUCLEUS.
Nucleus Software Exports reported revenue of ₹876.03 Cr for FY 2025-26 (up 5.3% YoY) based on consolidated financials.
Nucleus Software Exports has 8 current directors:
- Vishnu Rampratap Dusad - Managing Director
- Parag Bhise - Whole-Time Director
- Ritika Dusad - Whole-Time Director
- Prakash Chandra Kandpal - Director
- Yasmin Javeri Krishan - Director
- Shekar Viswanathan - Director
- Nitin Ramesh Gokarn - Director
- Siddhartha Mahavir Acharya - Director
The latest financial statements of Nucleus Software Exports on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 July 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Nucleus Software Exports is 07AAACN5382P1ZX, registered in Delhi. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAACN5382P1ZT (Uttar Pradesh), 27AAACN5382P1ZV (Maharashtra), 33AAACN5382P1Z2 (Tamil Nadu).
The CIN (Corporate Identification Number) of Nucleus Software Exports is L74899DL1989PLC034594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Nucleus Software Exports is a listed company as per MCA records. Its shares are listed on both BSE (code: 531209) and NSE (symbol: NUCLEUS).
Nucleus Software Exports has 20 court cases on record: 12 filed by the company and 8 filed against it. 8 are pending. Most are in the high courts.
Nucleus Software Exports was incorporated on 09 January 1989, making it 37+ years old. It is registered with the Registrar of Companies, Delhi.
Nucleus Software Exports has 26 deals on record (23 market trades, 2 buybacks, 1 secondary share transfer); the latest was in August 2024.
The peers of Nucleus Software Exports by revenue are Hexagon Capability Center India Private Limited, Open Text Technologies India Private Limited, Qualys Security Techservices Private Limited, Gep Solutions Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).