BSE:531209

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Nucleus Software Exports

Executive Summary

Nucleus Software Exports Limited provides software solutions in India, the Far East, South East Asia, Europe, the Middle East, Africa, Australia, and internationally. More Details


Snowflake Analysis

Flawless balance sheet with solid track record and pays a dividend.


Similar Companies

Share Price & News

How has Nucleus Software Exports's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 531209 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 531209's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.


Market Performance


7 Day Return

0.9%

531209

4.0%

IN Software

3.0%

IN Market


1 Year Return

92.1%

531209

53.1%

IN Software

13.5%

IN Market

Return vs Industry: 531209 exceeded the Indian Software industry which returned 53.1% over the past year.

Return vs Market: 531209 exceeded the Indian Market which returned 13.5% over the past year.


Shareholder returns

531209IndustryMarket
7 Day0.9%4.0%3.0%
30 Day1.0%14.9%12.9%
90 Day12.6%29.4%16.1%
1 Year93.5%92.1%59.8%53.1%15.6%13.5%
3 Year12.0%5.9%22.5%10.6%10.0%4.6%
5 Year145.9%123.3%27.9%10.1%65.2%52.7%

Long-Term Price Volatility Vs. Market

How volatile is Nucleus Software Exports's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Nucleus Software Exports undervalued compared to its fair value and its price relative to the market?

13.91x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 531209 (₹560.8) is trading above our estimate of fair value (₹269.1)

Significantly Below Fair Value: 531209 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 531209 is good value based on its PE Ratio (13.9x) compared to the IN Software industry average (14.1x).

PE vs Market: 531209 is good value based on its PE Ratio (13.9x) compared to the Indian market (17.5x).


Price to Earnings Growth Ratio

PEG Ratio: 531209 is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: 531209 is overvalued based on its PB Ratio (2.6x) compared to the IN Software industry average (1.5x).


Next Steps

Future Growth

How is Nucleus Software Exports forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

11.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 531209's forecast earnings growth (11.9% per year) is above the savings rate (7.2%).

Earnings vs Market: 531209's earnings (11.9% per year) are forecast to grow slower than the Indian market (24.5% per year).

High Growth Earnings: 531209's earnings are forecast to grow, but not significantly.

Revenue vs Market: 531209's revenue (13.2% per year) is forecast to grow faster than the Indian market (11.6% per year).

High Growth Revenue: 531209's revenue (13.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 531209's Return on Equity is forecast to be low in 3 years time (18.6%).


Next Steps

Past Performance

How has Nucleus Software Exports performed over the past 5 years?

18.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 531209 has high quality earnings.

Growing Profit Margin: 531209's current net profit margins (21.9%) are higher than last year (15%).


Past Earnings Growth Analysis

Earnings Trend: 531209's earnings have grown by 18% per year over the past 5 years.

Accelerating Growth: 531209's earnings growth over the past year (55.1%) exceeds its 5-year average (18% per year).

Earnings vs Industry: 531209 earnings growth over the past year (55.1%) exceeded the Software industry 20.5%.


Return on Equity

High ROE: 531209's Return on Equity (18.9%) is considered low.


Next Steps

Financial Health

How is Nucleus Software Exports's financial position?


Financial Position Analysis

Short Term Liabilities: 531209's short term assets (₹5.4B) exceed its short term liabilities (₹2.0B).

Long Term Liabilities: 531209's short term assets (₹5.4B) exceed its long term liabilities (₹178.2M).


Debt to Equity History and Analysis

Debt Level: 531209 is debt free.

Reducing Debt: 531209 has no debt compared to 5 years ago when its debt to equity ratio was 0.02%.

Debt Coverage: 531209 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 531209 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Nucleus Software Exports's current dividend yield, its reliability and sustainability?

1.07%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 531209's dividend (1.07%) is higher than the bottom 25% of dividend payers in the Indian market (0.5%).

High Dividend: 531209's dividend (1.07%) is low compared to the top 25% of dividend payers in the Indian market (2.02%).


Stability and Growth of Payments

Stable Dividend: 531209's dividend payments have been volatile in the past 10 years.

Growing Dividend: 531209's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22.3%), 531209's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 531209's dividends in 3 years are forecast to be well covered by earnings (20.4% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.7yrs

Average management tenure


CEO

RP Singh (59 yo)

2.67yrs

Tenure

₹28,866,980

Compensation

Mr. Ravi Pratap Singh, also known as RP, B.A (Hons), PG Diploma, serves as the President and Head of Global Product Management for Nucleus Software Exports Limited. Mr. Singh served as the President of Del...


CEO Compensation Analysis

Compensation vs Market: RP's total compensation ($USD391.32K) is above average for companies of similar size in the Indian market ($USD283.37K).

Compensation vs Earnings: RP's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Ravi Singh
CEO, President of Products & Executive Whole -Time Director2.67yrs₹28.87m0.52%
₹ 85.2m
Vishnu Dusad
Co-Founderno data₹6.00m16.08%
₹ 2.6b
Poonam Bhasin
Assistant VP of Secretarialno data₹4.45m0.000030%
₹ 4.9k
Parag Bhise
Executive VP of Product Engineering & Executive Director0.75yr₹15.41m0.10%
₹ 16.2m
Ritika Dusad
Executive Director4.42yrs₹2.30m3.44%
₹ 560.8m
Swati Ahuja
Head of Investor Relationsno datano datano data
Avnish Datt
Global Head of Salesno datano datano data
Debyani Sinha
VP & Global Head of Human Resourcesno datano datano data
Prakash Pai
Chief Evangelist Officer1.08yrs₹6.13mno data
Anurag Bhatia
Senior Vice Presidentno data₹3.68mno data
Anurag Mantri
Senior Vice Presidentno datano datano data
Ashutosh Pande
Head of Financial Inclusionno datano datano data

2.7yrs

Average Tenure

54yo

Average Age

Experienced Management: 531209's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ravi Singh
CEO, President of Products & Executive Whole -Time Director2.67yrs₹28.87m0.52%
₹ 85.2m
Vishnu Dusad
Co-Founderno data₹6.00m16.08%
₹ 2.6b
Parag Bhise
Executive VP of Product Engineering & Executive Director0.75yr₹15.41m0.10%
₹ 16.2m
Ritika Dusad
Executive Director4.42yrs₹2.30m3.44%
₹ 560.8m
Prithvi Haldea
Independent Non-Executive Director19.5yrs₹3.02mno data
Trilochan Sastry
Independent Non-Executive Director7.67yrs₹3.02mno data
Elaine Mathias
Independent Non-Executive Director6.25yrs₹2.98mno data
S. Acharya
Independent Chairman3.08yrs₹2.86mno data
Yasmin Krishan
Additional Independent Director0.42yrno datano data

5.3yrs

Average Tenure

61.5yo

Average Age

Experienced Board: 531209's board of directors are considered experienced (5.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Nucleus Software Exports Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nucleus Software Exports Limited
  • Ticker: 531209
  • Exchange: BSE
  • Founded: 1986
  • Industry: Application Software
  • Sector: Software
  • Market Cap: ₹16.286b
  • Shares outstanding: 29.04m
  • Website: https://www.nucleussoftware.com

Number of Employees


Location

  • Nucleus Software Exports Limited
  • A-39, Sector 62
  • Noida
  • Uttar Pradesh
  • 201307
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531209BSE (Mumbai Stock Exchange)YesEquity SharesININRNov 2001
NUCLEUSNSEI (National Stock Exchange of India)YesEquity SharesININRNov 2001

Biography

Nucleus Software Exports Limited provides software solutions in India, the Far East, South East Asia, Europe, the Middle East, Africa, Australia, and internationally. Its products include FinnOne Neo, a le...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/05 12:16
End of Day Share Price2020/12/04 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.