Nucleus Software, the Leading Provider of Lending and Transaction Banking Solutions to the Global Financial Services Industry, Announces Its Annual Results(2020-21)

➢ 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. 38.58 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 delivers disruptive Fintech Solutions to 200+ Banks and Financial Institutions across 50 countries supporting Retail, Corporate & SME Finance, Islamic Finance, Automotive Finance, Captive Automotive Finance, Cash Management, Mobile & Internet Banking, Transaction Banking and more. We facilitate over 26 million transactions each day through our globally integrated transaction banking platform. Our lending platform manages US $ 500 billion of loans in India alone, and over US $700 billion of loans globally other than India, while enabling 500,000+ users to log in daily.

Our Flagship Products FinnOne Neo® and FinnAxia® are backed by more than 3 decades of BFSI domain expertise and an inbuilt AI powered platform to realize the digital transformation goals of FIs worldwide.

1. FinnOne Neo®: The next-generation digital lending platform, designed to revolutionize the lending process. FinnOne Neo® is built on an advanced technology platform, empowering financial institutions to streamline their lending operations, enhance customer experiences, and drive business growth.
2. FinnAxia®: An integrated global transaction banking suite, trusted by banks worldwide to optimize their transaction banking processes. With FinnAxia®, financial institutions can efficiently manage their cash management, trade finance, liquidity management, and other transaction banking activities on a single platform, thereby improving operational efficiency, visibility, and enhancing client relationships.
3. PaySe™: The world’s first online and offline digital payment solution, created with the vision to democratize money. This innovative payment solution offers users a seamless and convenient way to conduct digital transactions, both online and offline, facilitating financial inclusion and empowering individuals and businesses.
4. Nucleus Software Services: Our comprehensive suite of services is tailored to assist banks and financial institutions in their digital transformation journey and maintain an optimal technology infrastructure. Through Nucleus Software Services, we offer a holistic approach to digital transformation, enabling organizations to deliver seamless customer experiences, achieve operational and cost efficiencies, and gain actionable insights to drive strategic decision-making.

These offerings collectively underline Nucleus Software’s commitment to driving innovation and empowering financial institutions to thrive in an increasingly digital world.

For Media related information, please contact:
Deepika Gulabani
Corporate Communications
Email: deepika.gulabani@nucleussoftware.com
Phone: +91-9310334963