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Press Release

Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, announces its annual results (2020-21)

June 3, 2021 | Press Release
  • Revenues ( total income) in FY 2020-21 at Rs. 490.99 crore on a standalone basis and Rs. 553.09 Crore on a consolidated basis
  • PAT in FY 2020-21 at Rs. 112.04 crore on a standalone basis and Rs. 117.95 Crore on a consolidated basis
  • EPS at Rs. 58 on a standalone basis and Rs. 40.62 on a consolidated basis  

Nucleus Software, the BSE & NSE listed, leading provider of lending and transaction banking solutions to the global financial services industry, today announced its financial results for the financial year ended March 31, 2021.

 

The revenues ( total income) are at Rs. 490.99 Crore for the year ended March 31, 2021, as against Rs. 507.95 Crore in 2019-20 on a standalone basis. On a consolidated basis, the revenues ( total income) are at Rs. 553.09 Crore for the year ended March 31, 2021, as against Rs. 558.06 Crore in 2019-20.

 

PAT in 2020-21 stood at Rs. 112.04 crore on a standalone basis as against Rs. 102.22 crore in 2019-20. The PAT on consolidated basis was at 117.95 crore, up from Rs. 88.99 crore in 2019-20.

 

The basic EPS on standalone basis during this period was Rs. 38.58 as against Rs. 35.20 in 2019-20. The EPS on consolidated basis stood at Rs. 40.62 in 2020-21 as against Rs. 30.64 in 2020-21.

 

In addition, the Q4 results for 2020-21 had standalone revenues ( total income)  of Rs. 117.64 crore as against Rs. 139.66 Crore in 2019-20. On a consolidated basis, the revenues (total income) in Q4 stood at Rs. 131.42 Crore, as against Rs. 148.52 crore in Q4 of 2019-20.

 

The PAT for Q4 of 2020-21 stood at Rs. 26.34 crore, as against Rs.35.25 crore in 2019-20 on a standalone basis. The PAT on a consolidated basis for Q4 of 2020-21 stood at 27.35 crore as against Rs. 28.14 crore of 2019-20.

 

Basic EPS stood at Rs. 9.07 on a standalone basis in Q4 of 2020-21 as against Rs. 12.14 in Q4 of 2019-20. On a consolidated basis, the EPS in 2020-21 Q4 was 9.42 as against 9.69 in Q4 of 2019-20.

 

“It was a challenging year but we were still able to maintain our revenues. We are seeing a strong demand for our product offerings and believe that barring any unforeseen circumstances, we should do better this year“, says Mr. Vishnu R Dusad, MD, Nucleus Software.

 

“2020-21 has been a difficult but fulfilling year for us at Nucleus. For the first time in the history of banking, moratoriums across the board were announced, first in India and then on a global level. Working round the clock, we delivered tech solutions to ensure that the BFSI sector worked seamlessly in these difficult times. During the pandemic, digital adoption gained pace and our cutting edge products both in the lending and transaction banking space ensured that the BFSI sector stayed on top of things”, says Mr. Parag Bhise, CEO, Nucleus Software.

About Nucleus Software

Nucleus Software Exports Ltd. is a publicly traded (BSE: 531209, NSE: NUCLEUS), software product company that provides lending and transaction banking products to global financial leaders.

Nucleus Software powers the operations of more than 200 Financial Institutions in over 50 countries, supporting retail lending, corporate banking, cash management, mobile and internet banking, automotive finance and other business areas. Its products facilitate more than 26 million transactions each day, managing over US $ 200 billion of loans and enabling more than 200,000 users logging in daily.

Nucleus Software’s flagship products, built on the latest technology are:
  • FinnOne NEOTM : The next-generation digital lending solution that is built on an advanced technology platform, designed to shape the future of lending across Retail, Corporate and Islamic sectors for banks and other financial service companies. The 10 time winner of ‘World’s Best Selling Lending Solution’, helps digitize the complete loan lifecycle.
  • FinnAxiaTM : An integrated global transaction banking solution used by banks worldwide to offer efficient and Innovative global payments and receivables, liquidity management and business internet banking services.
  • PaySeTM : The world's first online & offline digital payment solution designed and created with an aim to democratize money by making banking services available to the unbanked in remote geographies.
For more information, please visit : http://www.nucleussoftware.com

For Media related information, please contact:

Sunil Kumar Singh / Kiran Hans Khowal

Finese PR

Email: nucleus@finesepr.com
Phone: +91-9818363518 | +91-8375969143