Nucleus Software Exports Full Year 2024 Earnings: EPS Beats Expectations

Nucleus Software Exports (NSE:NUCLEUS) Full Year 2024 Results

Key Financial Results

• Revenue: ₹8.26b (up 30% from FY 2023).
• Net income: ₹1.92b (up 50% from FY 2023).
• Profit margin: 23% (up from 20% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: ₹71.56 (up from ₹47.73 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Nucleus Software Exports EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.0%.

The primary driver behind last 12 months revenue was the Products segment contributing a total revenue of ₹7.11b (86% of total revenue). Notably, cost of sales worth ₹4.96b amounted to 60% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to ₹1.08b (77% of total expenses). Explore how NUCLEUS's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Software industry in India.

Performance of the Indian Software industry.

The company's shares are up 3.2% from a week ago.

Risk Analysis

Be aware that Nucleus Software Exports is showing 1 warning sign in our investment analysis that you should know about...

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