NUCLEUS SOFTWARE EXPORTS

The earnings conference call for Nucleus Software Exports Limited, held on July 31, 2026, discussed the company's performance for the quarter ending June 30, 2026. Management reported a consolidated revenue of INR 210.4 crore, reflecting a 6.4% quarter-on-quarter growth and a 3.4% year-on-year increase. Product revenue was INR 176.6 crore, accounting for 83.9% of total revenue. The company highlighted its AI strategy and the launch of version 9.0 of its product, which includes embedded AI capabilities. The order book stood at INR 1,244 crore, with 88% from products. However, profit after tax decreased by 30.9% quarter-on-quarter and 32.2% year-on-year, attributed to increased costs and a reduction in margins. Management acknowledged challenges in converting order book growth into revenue and discussed ongoing investments in talent and product development. The call concluded with management expressing commitment to long-term growth and customer satisfaction.

The document presented both positive developments in revenue growth and product strategy, alongside concerns regarding profit decline and conversion of orders into revenue.