Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

Nucleus Software announces FY19 Financial Results

Posted On: 2019-04-24 11:49:58

Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, announced its financial results for the financial year ended March 31, 2019.

Consolidated revenue for the fourth quarter of FY 19 is at Rs. 127.0 crore compared to Rs 111.0 crore in the corresponding quarter of the previous year. Revenue for FY19 is at Rs. 484.0 crore, against Rs. 411.8 crore in FY18.

Commenting on the results, Mr. R P Singh (CEO, Nucleus Software) said, "During the year, we have had growth across all geographies, driven by our market leading value proposition which is resonating with financial institutions around the globe. We have added 19 new customers, won 26 product orders across APAC, India, Africa and The Middle East and also implemented 69 product modules successfully. Our transaction banking solution - FinnAxia - continued to gain solid traction in the International markets. Our cloud lending business reached a significant milestone of 30 customers in the current financial year. With more of our customers embarking on a digital journey, the quality of discussions plus our deal pipeline, we remain confident in our ability to deliver long term value to all our customers".

Financial highlights:

Consolidated results for the Quarter ended 31st March, 2019

- Consolidated revenue at Rs. 127.0 crore in comparison to Rs. 111.0 crore in the corresponding quarter of the previous year

- Product business revenue for the quarter at Rs. 100.4 crore in comparison to Rs. 89.0 crore in the corresponding quarter of the previous year

- EBIDTA for the quarter at Rs. 21.5 crore in comparison to Rs. 15.7 crore in the corresponding quarter of the previous year

- Net Profit after Tax (PAT) stood at Rs. 17.1 crore in comparison to Rs. 17.3 crore in the corresponding quarter of the previous year

- Earnings Per Share (EPS) for the quarter at Rs. 5.88 in comparison to Rs. 5.94 in the corresponding quarter of the previous year

Consolidated results for the Year ended 31st March, 2019

- Consolidated revenue for FY 2019 stood at Rs. 484.0 crore, in comparison to Rs. 411.8 crore in the previous year

- Product business revenue for the year at Rs. 383.3 crore in comparison to Rs. 326.1 crore in the previous year

- EBIDTA for the year at Rs. 84.8 crore in comparison to Rs. 58.2 crore in the previous year

- Net Profit after Tax (PAT) stood at Rs. 74.5 crore in comparison to Rs. 62.5 crore in the previous year

- Earnings Per Share (EPS) for the year at Rs. 25.67 in comparison to Rs. 20.47 in the previous year

Liquidity:

- Cash and cash equivalents, including investments in debt schemes of mutual funds, fixed deposits with banks and tax free bonds, etc. are at Rs. 498.5 crore as on 31st March, 2019 as against Rs. 455.9 crore on 31st March, 2018.

Shares of NUCLEUS SOFTWARE EXPORTS LTD. was last trading in BSE at Rs.378 as compared to the previous close of Rs. 383.7. The total number of shares traded during the day was 1957 in over 187 trades.

The stock hit an intraday high of Rs. 392 and intraday low of 378. The net turnover during the day was Rs. 753635.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Lemon Tree Hotels Ltd signs license agreement for 80 room hotel at Durgapur

Solix expands senior leadership team to accelerate Cloud Growth

Aavas Financiers raises INR 345 crore from IFC through NCDs

Satra Properties India Ltd has sold 49% in subsidiary

Bayer closes Monsanto integration in India

NACL Industries Ltd gets favorable verdict on insurance claim

ICRA credit Rating for Bank facilities of Banswara Syntex Ltd

American Express buys 9 acres land from DLF Group for its Office campus

SML ISUZU Ltd launches 'Executive Lx 5100 XT Bus'

CFO Tech Outlook recognizes Emagia as 'The Top 10 Fintech Solutions Providers 2019'

NBCC India Ltd signs MoU with Utkal University, Bhubaneswar

Central Bank of India changes Average Balance Charges in Savings Accounts on Monthly basis

General Motors and Tata Consultancy Services Launch New Partnership in Global Vehicle Engineering

ICRA downgrades outlook of Sandhar Technologies Ltd

USFDA issues DMF information request to SMS Pharmaceuticals Ltd

Wipro, lndustrie 4.0 Maturity Center Ink Strategic Partnership

Fintech Start-Up Tarrakki launch investment product in association with Reliance Nippon Life AMC

Asian Paints partners with Mahindra Logistics to strengthen its supply chain in Eastern India

Kaveri Seed Company Ltd board to consider buyback on Sep 24, 2019

Calcom Vision Ltd ties up with Bajaj Electricals Ltd

Skilling to Employment: Maruti Suzuki's Japan-India Institute for Manufacturing, Mehsana, Gujarat records 100% placement for the second consecutive year

V-Mart Retail Ltd opens two new stores in Bihar and Assam

Customer Experience (CX) Leader HGS Unveils HGS Digital to Provide Intelligent Innovation Solutions for Enterprise Clients

Kansai Nerolac Paints Ltd. creates a Floating Pookalam with recyclable Nerolac paint cans on the occasion of Onam

Bayer CropScience Ltd fixes Sep 26, 2019 as record date for merger

IND A1+ rating assigned to CPs of TV18 Broadcast Ltd

Aries Agro Limited completes stake sale in Amarak Chemicals FZC

IND A1+ rating assigned to CPs of Network 18 Media & Investments Ltd

IndiGo connects world's fastest growing economies - India and China

Mindtree to Provide SAP Support Services to Atotech

GE T&D India Ltd accepts resignation of Mr. Gaurav Manoher Negi as CFO

AAVAS Financiers Ltd to issue NCDs to IFC

ICRA assigns ratings to Thangamayil Jewellery Ltd for FY2019-20

Thomas Cook India launches 'Undiscovered Antarctica' in association with National Geographic Expeditions

Ice Make eyes new segments and international markets

Tata Power Renewable Energy Limited commissions 150 MW Solar Capacity in Rajasthan

Generic Engineering bags Large Orders from Maharashtra State Police Housing & Welfare Corporation Limited

Dr. Reddy's launches over-the-counter, store-brand equivalent of Prevacid® 24HR Capsules in the U.S. Market

J. Kumar Infraprojects Ltd bags MMRDA contract worth Rs. 342.13 crore

TVS Motor Company launches new TVS NEO NX in Mali, Africa

L&T Construction secures contracts for various businesses

Tata Elxsi launches ETSI NFV / OSM based Management and Orchestration (MANO) solution for operators

NELCO Launches Maritime Communications Services in India

MILKFOOD Ltd withdraws application for strike off of subsidiary by ROC

Granules India Ltd enters into agreement for sale of stake in JV

Tata Elxsi helps NOS build its first ever RDK-B DOCSIS 3.1 Router

Focus Softnet Accelerates Global Business Expansion with Tata Communications' IZO™ Cloud Platform

Rain Industries Ltd announces measures to meet shortfall of raw material

Supreme Court dismisses petitions filed by Rain Industries Ltd

Infosys Inaugurates Arizona Technology and Innovation Center







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019