# Nucleus Software Exports share price today (Nucleus Software Exports Ltd, NSE: NUCLEUS)

> Nucleus Software Exports share price today: ₹611.40 at the NSE close on 3 November 2026, down 39.5% in a year. Nucleus Software Exports (NSE: NUCLEUS) is worth ₹1,609 crore, trades at a P/E of 14.7 and has closed between ₹611.40 and ₹1,030.90 over the past 52 weeks. > Nucleus Software Exports Ltd's P/E is near the low end of its own history, higher than only 30% of past readings, and its quarterly results are still getting worse. NUCLEUS · IT Product Companies · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/nucleus-software-exports-ltd

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: ₹611.40 (−39.5% in a year)
- P/E: 14.7× (lower than 70% of the last 11 years)
- Revenue (Sep 2026): ₹228 Cr (+6.5% on a year ago)
- Profit (Sep 2026): ₹21.0 Cr (−19.2% on a year ago)
- Operating margin: 7.0% (−4.0 points on a year ago)
- ROCE: 17%, FY26
- ROIC: 11.5%, against a 12.0% cost of capital: −0.5 points

The main question: the P/E is near the low end of its own history, higher than only 30% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. ## What is the Nucleus Software Exports share price today? Nucleus Software Exports Ltd's share price was ₹611.40 at the close on 3 November 2026. It has been falling for 61 weeks. That is 20.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹611 and ₹1,031, and at that close it was at the low of that range. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 1 week running. Over the last 11 years the share price moved +210% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Nucleus Software Exports this quarter? Three changes stood out: foreign funds (FIIs) cut their stake for 5 quarters in a row, revenue grew again in the September 2026 quarter and profit down on a year earlier for 5 quarters in a row. 1. Foreign funds (FIIs) cut their stake for 5 quarters in a row From 5.3% to 2.6% of the company by the September 2026 quarter. 2. Revenue grew again in the September 2026 quarter Revenue was ₹228 crore, +6.5% on a year earlier (₹214 crore), after 2 quarters of decline. 3. Profit down on a year earlier for 5 quarters in a row In the September 2026 quarter profit was ₹21 crore, -19.2% on a year earlier. ## What are Nucleus Software Exports' latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Nucleus Software Exports reported revenue of ₹228 crore, up 6.5% from ₹214 crore a year earlier, and a profit of ₹21.0 crore, down 19.2% from ₹26.0 crore. ### Nucleus Software Exports results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹228 crore | ₹214 crore | +6.5% |
| Profit | ₹21.0 crore | ₹26.0 crore | −19.2% |
| Earnings per share | ₹8.07 | ₹9.99 | −19.2% |
| Operating margin | 7.0% | 11.0% | −4.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). The newest call in our records is from 31 July 2026, about April to June 2026; a call about these results is not in our records yet. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the Nucleus Software Exports share price history? Nucleus Software Exports closed at ₹611.40 on 3 November 2026, down 39.5% from ₹1,010.05 a year earlier (31 October 2025) and up 5.8% over five years. Its highest weekly close since March 2016 was ₹1,731.10 on 20 January 2024. ### Nucleus Software Exports share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹646.95 | −5.5% |
| 1 month ago · 1 Oct 2026 | ₹646.95 | −5.5% |
| 6 months ago · 30 Apr 2026 | ₹803.10 | −23.9% |
| 1 year ago · 31 Oct 2025 | ₹1,010.05 | −39.5% |
| 3 years ago · 3 Nov 2023 | ₹1,595.00 | −61.7% |
| 5 years ago · 4 Nov 2021 | ₹577.85 | +5.8% |
| 10 years ago · 4 Nov 2016 | ₹199.45 | +206.5% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹196.95 | +210.4% |
| Highest weekly close since March 2016 · 20 Jan 2024 | ₹1,731.10 | −64.7% |
| Lowest weekly close since March 2016 · 30 Sep 2016 | ₹175.55 | +248.3% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹1,030.90 | −40.7% |
| 52-week low (weekly close) · 3 Nov 2026 | ₹611.40 | 0.0% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (560 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Nucleus Software Exports? 3 Nov 2026: Nucleus Software Exports closed at ₹611.40, down 5.5% on the week and down 5.5% on the month. Results for July to September 2026: Revenue up 6.5% and profit down 19.2% on a year earlier. ### Earlier

- 31 Jul 2026: Nucleus Software Exports held its results call for April to June 2026. Management guided: No specific revenue or earnings guidance issued. - 10 Jul 2026: ex-date for a dividend of ₹12.50 a share. ## What dividend does Nucleus Software Exports pay? Nucleus Software Exports paid ₹12.50 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 2.04% at the ₹611.40 close on 3 November 2026. The last was a dividend of ₹12.50 a share, ex-date 10 July 2026. ### Nucleus Software Exports dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 10 Jul 2026 | ₹12.50 | Dividend |
| 11 Jul 2025 | ₹12.50 | Dividend |
| 5 Jul 2024 | ₹12.50 | Dividend |
| 7 Jul 2023 | ₹10 | Dividend |
| 30 Jun 2022 | ₹7 | Dividend |
| 15 Jul 2021 | ₹6 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Nucleus Software Exports Ltd paid out 28% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Nucleus Software Exports management say on the latest results call? On the call for April to June 2026, held on 31 July 2026, Nucleus Software Exports' management guided: No specific revenue or earnings guidance issued. > “Customers continue to be our highest priority. In that prioritization, shareholders may sometimes be affected, which is what has happened in this quarter as well.”
> Vishnu R. Dusad, on the call for April to June 2026

### What management guided

- Order-book revenue conversion expected to follow the existing implementation cycle, with timing varying by customer complexity and legacy-system migration; AMCs normally carry 5-year terms. - Employee costs as a percentage of revenue are expected to decline as revenue grows, although hiring AI-native talent may have a small impact. - Margin-control initiatives and a focus on higher-margin deals outside India are expected to show effects in subsequent quarters, but no quantified benefit was provided. - AI productivity benefits are expected as internal AI usage strengthens, but tangible benefits have not yet been measured. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/3587-31-Jul-2026.pdf). (From the call for April to June 2026, 31 July 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.)

## What to watch in Nucleus Software Exports' next results? When Nucleus Software Exports reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Whether recent order wins begin converting into revenue as implementations start, versus continued timing pressure from customer-specific complexity, legacy migration, and long-term AMCs. - What to check (from the call)
- Whether recent order wins begin converting into revenue as implementations start, versus continued timing pressure from customer-specific complexity, legacy migration, and long-term AMCs. - Whether SG&A remains broadly flat and operating margin begins recovering from 3.6% as margin-control initiatives and higher-margin international deals take effect. - Whether receivables and DSO improve from ₹175 crore and 63 days, or remain elevated after the quarter's cash-conversion deterioration. - Whether management begins quantifying AI productivity benefits following the Enterprise AI Foundation launch and organization-wide upskilling program. ## Which stock lists is Nucleus Software Exports on? Nucleus Software Exports is on 2 of our India lists: Dividend stocks and IT stocks. - [Dividend stocks Regular dividend yield (%): 2](https://www.sectoralpha.in/dividend-stocks-india)
- [IT stocks Market value (₹ crore): 1642.1826539993867](https://www.sectoralpha.in/sectors/it-stocks-india)

## Is Nucleus Software Exports profitable? Nucleus Software Exports Ltd earned ₹21.0 Cr of net profit in the Sep 2026 quarter, −19.2% on the same quarter a year earlier. Full-year FY26 profit was ₹117 Cr. Over 10 years profit has grown 13.8% a year on average. That is 9.2% of the quarter's revenue. The same quarter a year earlier earned ₹26.0 Cr. For the full year, FY26 profit was ₹117 Cr (−28.2% on the year before). Why profit moved: revenue changed +6.5% on a year earlier and the margin moved −4.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −34.2% and revenue +2.0%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Nucleus Software Exports make, and is it growing? Nucleus Software Exports Ltd reported ₹228 Cr of revenue in the Sep 2026 quarter, +6.5% on the same quarter a year earlier. Over 10 years it has grown 9.6% a year on average. The last full year, FY26, came in at ₹876 Cr. The last four reported quarters add to ₹883 Cr. FY26 revenue was ₹876 Cr, +5.3% on the year before. Recent pace: the last four quarters grew +2.0% on average, against 9.6% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +1.8%, against +4.3% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −37.3%, against −19.5% a year (rolling over). ## How much of every ₹100 of sales does Nucleus Software Exports keep? Nucleus Software Exports Ltd's operating margin was 7.0% in the Sep 2026 quarter, 4.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 7.0% and 27.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −4.0 percentage points on the year while gross margin changed +0.0 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Nucleus Software Exports' profit turning into cash? Over the last 3 years, 104% of Nucleus Software Exports Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹117 Cr of operating cash against ₹117 Cr of profit. After ₹44.0 Cr of spending on assets, ₹73.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 104% of profit came in as cash: the cash cycle got 11 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: the bigger use of cash is spending on new assets, at 1.8× depreciation over three years. The next section checks what that spending is building. ## Where does Nucleus Software Exports' cash go? Nucleus Software Exports Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 50 days in FY26, down from 61 days in FY21. It spent ₹84.0 Cr on assets over the last 3 years. At FY26 sales of ₹876 Cr, each day of that cycle ties up about ₹2.4 Cr, so roughly ₹120 Cr is tied up in the business at any time. Spending on assets: ₹84.0 Cr over the last 3 years, against ₹46.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Nucleus Software Exports' P/E ratio, and how does it compare with its own history? Nucleus Software Exports Ltd's P/E is 14.7×, near the low end of its own history: it has been lower only 30% of the time. Its usual P/E (the middle reading) is 16.9×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹38.12. Why the multiple is where it is: over the past year earnings per share moved −28.4% while the price moved −39.5%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +1.1% a year; about +7.6% a year came from earnings growth and about −6.5 percentage points from the multiple (the market paying less); over 10 years the price moved +11.9% a year; about +11.1% a year came from earnings growth and about +0.8 percentage points from the multiple (roughly no change). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Nucleus Software Exports business getting better or worse? Nucleus Software Exports Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −37.3% in the latest quarter, against +166.7% at its best in 12 quarters, with ROCE falling at 12.9%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Nucleus Software Exports earn on its capital? Nucleus Software Exports Ltd earned a ROCE of 17% in FY26. That is up from a low of 6% in FY22. Its return on capital used (ROIC) is 0.5 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 13.4% net margin and 0.69× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 13.4% net margin × 0.69× asset turnover × 1.40× leverage (assets divided by equity) ≈ 12.9% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 11.5% − 12.0% = −0.5 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 11.5% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 17.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Nucleus Software Exports have too much debt? Nucleus Software Exports Ltd has total debt of ₹7.0 Cr against shareholder equity of ₹923 Cr as of Sep 2026, so its debt is 0.01× its equity, which is very little. Year by year, that ratio went from 0.00 in FY22 to 0.01 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Nucleus Software Exports shareholding pattern? Foreign institutions cut their stake in Nucleus Software Exports Ltd by 3.1 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 2.6% of the company. Domestic institutions moved −0.5 points over the same period, to 1.3%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −3.1 points over 8 quarters, to 2.6%; Domestic institutions: −0.5 points over 8 quarters, to 1.3%; Promoters: +0.0 points over 8 quarters, to 73.6%. Why the owners changed: foreign institutions drove it (−3.1 points), together with domestic institutions (−0.5 points). They reduced their stake. ## How far is Nucleus Software Exports from balance-sheet trouble? For Nucleus Software Exports Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Nucleus Software Exports rank in its industry? 34.9 out of 100, rank 9 of 9 in IT Product Companies, with 75% of the evidence available. Nucleus Software Exports Ltd scores 34.9 out of 100 against the 9 companies it is compared with in IT Product Companies, ranking 9. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 5.6 + 9.7 + 10.5 + 9.1 = 34.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Nucleus Software Exports compared with? Nucleus Software Exports ranks 9 of 9 IT Product Companies companies on the 4-Factor Sector Score, with 34.9 out of 100. 1. [Oracle Financial Services Software Ltd](https://www.sectoralpha.in/stocks/oracle-financial-services-software-ltd) OFSS · quiet · Most evidence points up · 100% evidence 78.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.1/35 · Revenue 28.1% · Profit 50.4% · Operating margin change 7 points · 100% evidence Capital efficiency 22.1/25 · ROCE 45.3% · Operating margin 49% · 100% evidence Valuation 11.5/20 · P/E 24.4× · PEG 0.66 · 100% evidence Relative strength 12.4/20 · Lead over its industry 19.9% · Lead over NIFTY 500 14.1% · 1 year 17.4% · 100% evidence · 6 of 12 weeks ahead Exact sum: 32.1 + 22.1 + 11.5 + 12.4 = 78.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Zaggle Prepaid Ocean Services Ltd](https://www.sectoralpha.in/stocks/zaggle-prepaid-ocean-services-ltd) ZAGGLE · quiet · Evidence leans up · 96% evidence 52.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.4/35 · Revenue 44.4% · Profit 35% · Operating margin change -2 points · 88% evidence Capital efficiency 6.9/25 · ROCE 14% · Operating margin 7% · 100% evidence Valuation 19.3/20 · P/E 16× · PEG 0.39 · 100% evidence Relative strength 3.5/20 · Lead over its industry -30.2% · Lead over NIFTY 500 -33.3% · 1 year -58.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 22.4 + 6.9 + 19.3 + 3.5 = 52.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Ramco Systems Ltd](https://www.sectoralpha.in/stocks/ramco-systems-ltd) RAMCOSYS · basing · Evidence leans up · 78% evidence 50.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.4/35 · Revenue 10.7% · Profit 100% · Operating margin change -8.2 points · 100% evidence Capital efficiency 14.1/25 · ROCE 19.7% · Operating margin 14.2% · 100% evidence Valuation 7.5/20 · P/E 37.6× · PEG 2.37 · 65% evidence Relative strength 10.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -1.5% · 1 year -18.9% · 25% evidence · 5 of 12 weeks ahead Exact sum: 18.4 + 14.1 + 7.5 + 10.2 = 50.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Network People Services Technologies Ltd](https://www.sectoralpha.in/stocks/network-people-services-technologies-ltd) NPST · breaking out · Evidence leans up · 96% evidence 50.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.3/35 · Revenue 47.3% · Profit 28.6% · Operating margin change -4 points · 88% evidence Capital efficiency 12.8/25 · ROCE 19.7% · Operating margin 25% · 100% evidence Valuation 1.9/20 · P/E 74.8× · PEG 7.3 · 100% evidence Relative strength 20.0/20 · Lead over its industry 22.8% · Lead over NIFTY 500 16.4% · 1 year -13.8% · 100% evidence · 11 of 12 weeks ahead Exact sum: 15.3 + 12.8 + 1.9 + 20 = 50 · What this means: Relative strength against the index is 16.4%, and revenue and profit growth are weak. 5. [Rategain Travel Technologies Ltd](https://www.sectoralpha.in/stocks/rategain-travel-technologies-ltd) RATEGAIN · quiet · Evidence leans down · 96% evidence 49.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.9/35 · Revenue 100% · Profit 14.7% · Operating margin change 4 points · 88% evidence Capital efficiency 8.2/25 · ROCE 13.9% · Operating margin 22% · 100% evidence Valuation 5.8/20 · P/E 36.2× · PEG 3.27 · 100% evidence Relative strength 12.4/20 · Lead over its industry 22.5% · Lead over NIFTY 500 16.1% · 1 year 25.2% · 100% evidence · 5 of 12 weeks ahead Exact sum: 22.9 + 8.2 + 5.8 + 12.4 = 49.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Accelya Solutions India Ltd](https://www.sectoralpha.in/stocks/accelya-solutions-india-ltd) ACCELYA · quiet · Evidence leans down · 85% evidence 48.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 5.1/35 · Revenue -0.7% · Profit -25.4% · Operating margin change -2 points · 100% evidence Capital efficiency 20.6/25 · ROCE 49% · Operating margin 34% · 100% evidence Valuation 13.7/20 · P/E 13.8× · PEG 1.85 · 100% evidence Relative strength 8.7/20 · Lead over its industry n/a · Lead over NIFTY 500 -17.5% · 1 year -33.2% · 25% evidence · 1 of 12 weeks ahead Exact sum: 5.1 + 20.6 + 13.7 + 8.7 = 48.1 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 7. [Newgen Software Technologies Ltd](https://www.sectoralpha.in/stocks/newgen-software-technologies-ltd) NEWGEN · quiet · Evidence leans down · 100% evidence 46.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.9/35 · Revenue 6.5% · Profit -3% · Operating margin change 0 points · 100% evidence Capital efficiency 18.5/25 · ROCE 25% · Operating margin 26% · 100% evidence Valuation 7.1/20 · P/E 18.1× · PEG 2.85 · 100% evidence Relative strength 8.1/20 · Lead over its industry -13.8% · Lead over NIFTY 500 -18.4% · 1 year -54.7% · 100% evidence · 7 of 12 weeks ahead Exact sum: 12.9 + 18.5 + 7.1 + 8.1 = 46.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Intellect Design Arena Ltd](https://www.sectoralpha.in/stocks/intellect-design-arena-ltd) INTELLECT · quiet · Evidence leans down · 100% evidence 42.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.7/35 · Revenue 16.9% · Profit -12.4% · Operating margin change 0 points · 100% evidence Capital efficiency 13.8/25 · ROCE 16% · Operating margin 20% · 100% evidence Valuation 10.7/20 · P/E 19.1× · PEG 2.41 · 100% evidence Relative strength 2.4/20 · Lead over its industry -27.6% · Lead over NIFTY 500 -31.1% · 1 year -55.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 15.7 + 13.8 + 10.7 + 2.4 = 42.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. Nucleus Software Exports Ltd this page NUCLEUS · turning · Most evidence points down · 75% evidence 34.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 5.6/35 · Revenue 1.9% · Profit -37.3% · Operating margin change -4 points · 100% evidence Capital efficiency 9.7/25 · ROCE 16.8% · Operating margin 7% · 100% evidence Valuation 10.5/20 · P/E 15.7× · PEG n/a · 50% evidence Relative strength 9.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -13.8% · 1 year -35.4% · 25% evidence · 0 of 12 weeks ahead Exact sum: 5.6 + 9.7 + 10.5 + 9.1 = 34.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [IT Product Companies](https://www.sectoralpha.in/sectors/it-product-companies), all 9 compared on one page. ## Which companies are close to Nucleus Software Exports in size? Nucleus Software Exports is the 8th largest of 9 IT Product Companies companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Intellect Design Arena, Newgen Software Technologies, Network People Services Technologies, Zaggle Prepaid Ocean Services and Ramco Systems. Just below it: Accelya Solutions India. ### IT Product Companies companies close in size

1. [Intellect Design Arena Ltd](https://www.sectoralpha.in/stocks/intellect-design-arena-ltd) ₹7,091 crore
2. [Newgen Software Technologies Ltd](https://www.sectoralpha.in/stocks/newgen-software-technologies-ltd) ₹6,305 crore
3. [Network People Services Technologies Ltd](https://www.sectoralpha.in/stocks/network-people-services-technologies-ltd) ₹3,338 crore
4. [Zaggle Prepaid Ocean Services Ltd](https://www.sectoralpha.in/stocks/zaggle-prepaid-ocean-services-ltd) ₹2,073 crore
5. [Ramco Systems Ltd](https://www.sectoralpha.in/stocks/ramco-systems-ltd) ₹1,905 crore
6. Nucleus Software Exports Ltd ₹1,718 crore
7. [Accelya Solutions India Ltd](https://www.sectoralpha.in/stocks/accelya-solutions-india-ltd) ₹1,386 crore

[All 9 IT Product Companies companies, largest first](https://www.sectoralpha.in/sectors/it-product-companies#all-companies)

### Companies close in size in other industries

1. [Kothari Industrial Corporation Ltd](https://www.sectoralpha.in/stocks/kothari-industrial-corporation-ltd) ₹1,728 crore · Trading
2. [Zelio E-Mobility Ltd](https://www.sectoralpha.in/stocks/zelio-e-mobility-ltd) ₹1,725 crore · Automobiles - Scooters & 3 - Wheelers
3. Nucleus Software Exports Ltd ₹1,718 crore
4. [NIBE Ltd](https://www.sectoralpha.in/stocks/nibe-ltd) ₹1,717 crore · Aerospace & Defence - Equipments
5. [Saksoft Ltd](https://www.sectoralpha.in/stocks/saksoft-ltd) ₹1,713 crore · IT - Software

## What else do people ask about Nucleus Software Exports? ### What is Nucleus Software Exports's share price today? Nucleus Software Exports Ltd's share price is ₹611.40, −39.5% over the past year. The whole company is worth ₹1,609 Cr on the market. It is at its lowest price of the past 52 weeks (range ₹611 to ₹1,031), 20.5% below its 200-day average. The price has been falling for 61 weeks (as of 3 November 2026). ### What were Nucleus Software Exports's latest quarterly results? Nucleus Software Exports Ltd reported revenue of ₹228 Cr and net profit of ₹21.0 Cr for the Sep 2026 quarter. Revenue rose 6.5% and profit fell 19.2% compared with a year earlier. Earnings per share were ₹8.07. The operating margin was 7.0%, 4.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Nucleus Software Exports's market cap? Nucleus Software Exports Ltd's market capitalisation is ₹1,609 Cr at a share price of ₹611.40. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Nucleus Software Exports performing? Nucleus Software Exports Ltd's share price has been falling for 61 weeks. In its latest quarter, revenue rose 6.5% and profit fell 19.2% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 1 week running (as of 3 November 2026). ### Will Nucleus Software Exports's share price go up? This page does not forecast Nucleus Software Exports Ltd's share price. What it shows instead: the share price is ₹611.40, and it has been falling for 61 weeks. Its P/E of 14.7× is higher than 30% of its own last 11 years (as of 3 November 2026). ### Who owns Nucleus Software Exports? Promoters own 73.6% of Nucleus Software Exports Ltd, foreign institutions 2.6%, domestic institutions 1.3% and the public 22.2% (latest quarter). The biggest change over the last two years: Foreign institutions cut their stake by 3.1 percentage points over 8 quarters (as of 3 November 2026). ### Does Nucleus Software Exports have too much debt? No, Nucleus Software Exports Ltd has little debt: its debt is 0.01× its equity, and its operating profit is more than 100 times its interest bill. FY26 borrowings were ₹9.0 Cr against equity of ₹907 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Nucleus Software Exports in its business cycle? Nucleus Software Exports Ltd's FY26 operating margin was 14.0%, against a 13-year range of 7.0% to 27.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 7.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Nucleus Software Exports story? The main question: the P/E is near the low end of its own history, higher than only 30% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Nucleus Software Exports a stock worth studying right now? What the numbers show: Nucleus Software Exports Ltd's P/E is near the low end of its own history, higher than only 30% of past readings, and its quarterly results are still getting worse. The main open question: whether results start to improve. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Nucleus Software Exports share price forecast for 2026? What management itself guided: No specific revenue or earnings guidance issued. ## Lists

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