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What is the story about?
Nucleus Software Exports expects its strong order pipeline and investments in AI-led banking solutions to support growth in the coming years, even as the company continues to face elongated deal cycles and short-term margin pressure.
Ashok Kumar Bhura, CFO of the Noida-based company, which offers IT and consultancy services to various sectors of the banking industry, said the company’s order book has risen sharply and now stands at around ₹1,000 crore, compared with nearly ₹640 crore last year.
Also Read | Arvind SmartSpaces eyes 35–40% growth in FY27 as launch pipeline hits record high
The company is also increasing investments in AI-ready products and AI talent as banks look to integrate artificial intelligence capabilities into financial software systems.
While Bhura declined to provide formal financial year 2026-27 (FY27) revenue and margin guidance, he indicated that the larger order pipeline could support growth in the coming years.
The company reported 5.3% revenue growth for 2025-26 (FY26) but saw pressure on margins during the period. Bhura attributed the margin impact mainly to labour law-related regulatory costs affecting the broader industry rather than structural weakness in the business.
For the full interview, watch the accompanying video
The company is also focusing on expanding its artificial intelligence (AI) capabilities to remain competitive in the banking technology market. Bhura said customers are increasingly demanding AI-driven innovations and automation tools within financial software products.
Nucleus Software also continues to face longer deal conversion timelines as banks take more time to finalise technology spending decisions. Bhura said the company operates in a specialised product segment where customer evaluation cycles naturally take longer, and the elongated decision-making trend continues in the current quarter as well.
The company currently has a market capitalisation of ₹2,177.63 crore. Its shares have declined more than 35% over the last year.
Catch all the latest updates from the stock market here
Ashok Kumar Bhura, CFO of the Noida-based company, which offers IT and consultancy services to various sectors of the banking industry, said the company’s order book has risen sharply and now stands at around ₹1,000 crore, compared with nearly ₹640 crore last year.
Also Read | Arvind SmartSpaces eyes 35–40% growth in FY27 as launch pipeline hits record high
The company is also increasing investments in AI-ready products and AI talent as banks look to integrate artificial intelligence capabilities into financial software systems.
While Bhura declined to provide formal financial year 2026-27 (FY27) revenue and margin guidance, he indicated that the larger order pipeline could support growth in the coming years.
The company reported 5.3% revenue growth for 2025-26 (FY26) but saw pressure on margins during the period. Bhura attributed the margin impact mainly to labour law-related regulatory costs affecting the broader industry rather than structural weakness in the business.
For the full interview, watch the accompanying video
The company is also focusing on expanding its artificial intelligence (AI) capabilities to remain competitive in the banking technology market. Bhura said customers are increasingly demanding AI-driven innovations and automation tools within financial software products.
Nucleus Software also continues to face longer deal conversion timelines as banks take more time to finalise technology spending decisions. Bhura said the company operates in a specialised product segment where customer evaluation cycles naturally take longer, and the elongated decision-making trend continues in the current quarter as well.
The company currently has a market capitalisation of ₹2,177.63 crore. Its shares have declined more than 35% over the last year.
Catch all the latest updates from the stock market here
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