Key Highlights of the Consolidated Financial Performance for FY 2022-23

➢ Revenues in FY 2022-23 at Rs. 634.46 Crores on a consolidated basis, a growth of 27.61% YoY
➢ EBIDTA in FY 2022-23 at Rs.155.75 Crores on a consolidated basis, a growth of 329.98% YoY
➢ PAT in FY 2022-23 at Rs.127.79 Crores on a consolidated basis, a growth of 212.37% YoY
➢ EPS at Rs. 47.73 on a consolidated basis

KeyHighlights of the Q4 2022-23

➢ Revenues in Q4 2022-23 at Rs. 206.20 Crores on a consolidated basis, a growth of 21.77%
QoQ
➢ EBIDTA in Q4 2022-23 at Rs. 82.48 Crores on a consolidated basis, a growth of 73.25% QoQ

➢ PAT in Q4 2022-23 at Rs. 67.65 Crores on a consolidated basis, a growth of 76.45% QoQ

Nucleus Software, the BSE & NSE listed, India’s leading provider of lending and transaction
banking solutions to the global financial services industry, announced its financial results on May 26, 2023, for the fourth quarter and the full financial year 2022-23 ended on March 31,2023.

”We are pleased to announce that our financial results for the fourth quarter and the fullfinancial year are showing alignment with our evolving business goals. We have come a longway, having completed 30 years of creating an Indian IP product, wholly designed, architected,and built on Indian soil. Three decades later, we can proudly say that more than ~500 Bn USDof retail assets are either originated, serviced, or collected using our products. We celebratedthis proud journey last fiscal year with our esteemed customers, many of them beingassociated with us since our inception.

Our innovative solutions for the BFSI industry are built with a composable architecture,enabling us to keep pace with the ever-evolving needs of our customers. This intent is reflected in our financial performance as well. I am also delighted to share that we have recently beenawarded two patents for our first offline and online Financial Inclusion platform. It always givesus so much joy to witness continuously increasing appreciation from our customers,recognizing the business value derived on our IP and customer centricity,” said Mr. Vishnu RDusad, MD, Nucleus Software.

In the upcoming fiscal year, Nucleus Software will continue focusing on their commitment of developing solutions and products for the Banking, Financial Services, and Insurance (BFSI) sector, with a strong emphasis on delivering substantial value at a competitive price. The company will continue to focus on customer centricity, with the objective of catering to distinct industry demands to effectively meet the evolving needs of our customers.

“Our journey through these three decades would not have been possible without the invaluable support of our customers, who we value as our trusted partners. We extend our heartfelt gratitude to our customers for their unwavering support and appreciation. They have played an integral role in our growth journey, just as we have in theirs. We deeply appreciate their
recognition of the business value generated through our IP forged on Indian soil, and our various innovative solutions. Moving forward, we will remain committed to assisting them in their transformation and growth endeavors by delivering our cutting-edge solutions that set industry standards,” Mr. Dusad further added.

In addition to bolstering our offerings and prioritizing customer satisfaction, Nucleus Software places great importance on employee engagement and experience. This steadfast focus on talent exemplifies our commitment to assembling and nurturing a highly skilled and devoted team capable of propelling innovation, providing outstanding customer service, and sustaining our company`s upward growth trajectory.

“We have successfully executed numerous implementations of our product suites in prominent financial institutions, enabling them to embrace the digital-first era. We strongly believe in nurturing young talent and providing them with opportunities to harness their full potential and build domain expertise, which contributes to our collective success. It is so exciting to witness our ex-Nucleites joining us back what we call as ‘Coming Home’. We are confident in our ability
to deliver innovative solutions and immense business value to our customers that drive a paradigm shift in the financial services industry,“ said Mr. Parag Bhise, CEO of Nucleus Software.