Nucleus Software Exports (531209) Q1 26/27 earnings summary

Executive summary

• Achieved consolidated revenue of INR 210.4 crore, up 6.4% quarter-on-quarter and 3.4% year-on-year.

• Audited standalone and unaudited consolidated financial results for the quarter ended June 30, 2026, were reviewed and approved by the Board and Audit Committee on July 30, 2026.

• Statutory auditors expressed an unmodified opinion on standalone results and a clean review conclusion on consolidated results.

• Significant progress in AI strategy, including launch of FinnOne Neo GA 9.0 with embedded AI.

• Added 10 new logos in the last 15 months, with strong order inflow from new and existing customers.

Financial highlights

• Consolidated revenue from operations for Q1 FY27 was ₹21,043 lakhs, compared to ₹21,772 lakhs in Q1 FY26 and ₹22,477 lakhs in Q4 FY26.

• Product revenue was INR 176.6 crore, representing 83.9% of total revenue.

• EBITDA for the quarter was INR 7.6 crore, down from INR 34.6 crore previous quarter and INR 33.7 crore year-on-year.

• Profit after tax was INR 23.9 crore, a decline of 30.9% quarter-on-quarter and 32.2% year-on-year.

• Basic and diluted EPS (consolidated) for the quarter were ₹9.07, compared to ₹13.37 in Q1 FY26.

Outlook and guidance

• No specific revenue or earnings guidance provided.

• Management expects order book growth to translate into revenue as projects are executed, with implementation cycles varying by customer and complexity.

• Focus on high-margin deals and expansion in Middle East, Southeast Asia, and U.S. markets.

• The Board approved the grant of 250,000 RSUs to eligible employees under the RSU Scheme 2026.

• Final dividend of ₹12.50 per share for FY26 was approved and paid in July 2026.