Nucleus Software Exports Limited — Investor Meet, 13-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Nucleus Software reported Q2 revenue of Rs. 213.51 crore, a slight QoQ dip but up YoY. Net profit was Rs. 26.29 crore and EBITDA Rs. 23.09 crore, both notably lower QoQ and YoY. The order book stood at Rs. 671.10 crore, a small dip from the previous quarter.

Management noted performance was as expected and highlighted a new FinnOne Neo release with AI-enabled features. Employee costs increased due to past attrition and strategic hiring, with efforts to boost productivity. While market traction for new customers is good, conversions are slow due to regulatory changes and prolonged decision-making. The company is strengthening its sales structure with new regional and global sales heads, and exploring new product lines like co-lending and gold loan financing with embedded AI. The tone remains cautiously optimistic on strategic investments.