EFY Times  
Monday, November 24, 2014

 
GO
 
 

Nucleus Software Announces FY 12 Results
 
Home >> Infotech >> Financials
 
Nucleus Software Announces FY 12 Results  
 
   
Rate this news:  (0 Votes)
Monday, April 30, 2012 Nucleus Software Exports Limited (NSE: NUCLEUS, BSE: 531209) today announced its results for the fourth quarter and year ended March 31, 2012. Nucleus Software's consolidated revenue for the year ended March 31, 2012 is at Rs. 282.25 crore in comparison to Rs. 270.48 crore in the previous year. The consolidated EBITDA is at Rs. 35.55 crore in comparison to Rs. 30.48 crore in the previous year. Net Profit after Tax (PAT) is at Rs. 35.34 crore in comparison to Rs. 26.34 crore in the previous year.






Consolidated revenue for the quarter ending March 31, 2012, is at Rs. 70.07 crore in comparison to Rs. 65.54 crore in the corresponding quarter of the previous year. The consolidated EBITDA is at Rs. 9.27 crore in comparison to Rs. 3.95 crore in the corresponding quarter of the previous year. Net Profit after Tax (PAT) is at Rs. 8.79 crore in comparison to Rs. 4.44 crore in the corresponding quarter of the previous year.

Highlights:

Financial Year Ended March 31, 2012

- Consolidated revenue at Rs. 282.25 crore from software products and software development services in comparison to Rs. 270.48 crore in the previous year.

- Product business revenue for the year at Rs. 204.99 crore in comparison to Rs. 193.57 crore in the previous year.

- EBIDTA at Rs. 35.55 crore in comparison to Rs. 30.48 crore in the previous year.

- Net Profit after Tax (PAT) at Rs. 35.34 crore in comparison to Rs. 26.34 crore in the previous year.

- Earning Per Share for the year at Rs. 10.91 in comparison to Rs. 8.13 in the previous year.

- Dividend recommended at 25 % (Rs. 2.50 per share), against 25% (Rs. 2.50 per share) previous year.

Quarter Ended March 31, 2012

- Consolidated revenue at Rs. 70.07 crore from software products and software development services in comparison to Rs. 65.54 crore in the corresponding quarter of the previous year.

- Product business revenue for the quarter at Rs. 50.40 crore in comparison to Rs. 48.92 crore in the corresponding quarter of the previous year.

- EBIDTA at Rs. 9.27 crore in comparison to Rs. 3.95 crore in the corresponding quarter of the previous year

- Net Profit after Tax (PAT) at Rs. 8.79 crore in comparison to Rs. 4.44 crore in the corresponding quarter of the previous year.

- Earning Per Share for the quarter at Rs. 2.72 in comparison to Rs. 1.37 in the corresponding quarter of the previous year.

Other Key Information

For the Financial Year Ended March 31, 2012

- 22 product order wins from across the globe

- 13 new customers added

- Won orders for 58 product modules

- 124 product modules of FinnOne™ Suite and Cash@WillTM suite successfully implemented

- Global strength of employees as on March 31, 2012 is 1656

For Quarter Ended March 31, 2012


- 6 product order wins from across the globe

- 3 new customer added

- Won order for 16 product modules

- 46 product modules of FinnOne™ Suite and Cash@WillTM suite successfully implemented

-

Key Highlights

- ‘Cash and Bank Balances’ and ‘Current Investments’ at Rs. 196.32 crore on March 31, 2012 against Rs. 187.51 as on March 31, 2011.

- 22 product orders won for implementing 58 product modules.

Commenting on the financial results, Mr. Vishnu R. Dusad, CEO and Managing Director, Nucleus Software, said: “We witnessed a year on year growth driven by good product sales and successful implementations across locations in FY12. Asian and Middle Eastern markets saw a great demand for our products.

In a situation where the financial institutions across the globe are facing macroeconomic and regulatory challenges, and are therefore extremely cautious in making investment decisions, an increasing demand for our solutions, gives us a boost to continue innovating and customizing technology for future client needs.

Against the backdrop of uncertainty, we are confident that the demand for solutions like our flagship product, FinnOne™ which offer the best return on investments, will only upsurge. We are optimistic about the organization’s performance and growth in FY13 and will continue leveraging our presence in the international markets to expand our client base.”

Accolades/Awards

Nucleus Software’s FinnOneTM has been ranked ‘World's No. 1 Selling Lending Software Product’ (for year 2011) and ranked fourth in global sales across all banking products by IBS Publishing, UK.
Annual Report and Accounts of the Company for year ended March 31, 2011, have been adjudged as the BEST under the Category XI – Service Sector (other than financial services sector, transport, shipping and shipping/port allied services(Turn over less than Rs. 500 crore) of the ‘ICAI Awards for Excellence in Financial Reporting’. Nucleus Software has won GOLD SHIELD for the fourth consecutive year.
Annual Report of the Company for the year ended March 31, 2011 has won the Platinum award under Technology-Software category and has been ranked fourth worldwide in the Top 100 Annual Reports in the Vision Awards by the League of American Communications Professionals (LACP).
South Asian Federation of Accountants (SAFA) has adjudged Nucleus' Annual Report as the recipient of ‘Certificate of Merit’ for the Best Presented Accounts and Corporate Governance Disclosures Award 2010 in the category ‘Communication & Information Technology’
Nucleus Software has been ranked amongst the Top 5 Companies for Best Corporate Governance Practices in India by IR Global Rankings 2011.

· New Client Wins:

Nucleus bagged 22 orders for implementing 58 product in the year 2011-12. Product orders were bagged from leading financial institutions across the globe. For the quarter, Nucleus has won 6 product orders for implementing 16 modules of FinnOne™ and Cash Management Suite.

Nucleus Software’s operational excellence, trust and accountability aided an easy win of new projects and clients over competitors across regions.

· Successful Global Implementations:

This year 124 product modules of FinnOne™ Suite and Cash@WillTM suite went live in various markets across the globe. Some of the implementations were completed in record time. A larger number of successful product implementations this year reaffirms Nucleus’ continued leadership in lending and retailing solutions for the financial sector.

· Liquidity

Cash and cash equivalents, including investments in liquid mutual funds and Fixed Deposits with Banks, as on March 31, 2012 was Rs. 196.32 crore against Rs. 187.51 crore as on March 31, 2011.



Print Email Post Comment 
(Total Views: 1498)
 
Share

 
 
Infotech News
   
Future Of Communications Test And Measurement Solutions Lies In Software
BINATONE Launches “THE BRICK” - India’s First Retro Mobile
RCOM Unveils ‘TalkLoan’ Facility To Ensure Uninterrupted Calling, Surfing For Its Customers
 
 
 
     
     
     
     
     
     
Most popular
 

Daily

Weekly

Teradata And MapR Partnership Expands Hadoop Choices Within Teradata’s Unified Data Architecture
Teradata And MapR Partnership Expands Hadoop Choices Within Teradata’s Unified Data Architecture
15 Amazing Open Source Alternatives For Expensive Software
A Guide For Beginners, Planning To Start First Electronics Project
Here Comes A New Software To Detect And Auto-Repair Any Malware Damage
Microsoft Leapfrogs Exxon To Become World’s Second Most Valuable Company
5 Reasons Why Fedora 21 Is So Keenly Awaited!
Oracle Advances Data Integration Portfolio With Major Enhancements To Oracle GoldenGate 12c
Now An App Is Here To Tell You Why A Call Has Been Made!
Microsoft Announces Shut-Down Of Windows Server 2003 By July 2015
8 Must-Know Email Security Tips
10 Cool Raspberry Pi Projects You Can Involve With!
Nokia Launches Nokia N1 Tablet Running On Android Lollipop
Dell Introduces Voice-Enabled Venue 7 and Venue 8 Tablets In India
7 Tips To Make Your Online Search Experience Better
Find Out How Much Google Knows About You And Then Control It!
FreeBSD 10.1-RELEASE Is Out!
 
   

Overall

Features
7 Major Linux Security Distributions – Know Which One Suits You The Most!
Here we will discuss the strengths and weaknesses of all the seven major Linux security distributions....
10 Coolest Facts About Android 5.0 Lollipop!
To make out the most from the new Android, we're bringing you ten coolest tips and tricks for the Android Lollipop....
5 Best Online Backup Tools For Ubuntu Linux
Online cloud backups are always good for an overall backup plan, but it's equally important to keep data secure, encrypted and backed up automatically...
6 Best Development Methods To Create Scalable CSS
Here are the best six CSS development methodologies and style guides which can help you....
8 Most Useful Ajax And PHP Based Webmail Clients
These clients offer excellent user interface and sophisticated privacy protection and it allows users view HTML formatted email messages easily....
7 Best Free Archive Managers For Linux
Here we have compiled a list of seven best archive managers which can be used on daily basis....
8 Cyber-Crime Predictions For The Year To Come – 2015
So let's take a look at what are the most critical trends for 2015 when it comes to cyber-security....
12 Major Applications To Be Shipped With Linux Mint 17.1 “Rebecca” Cinnamon
Let's have a look at 12 major applications integrated in the Cinnamon version of Mint 17.1 Rebecca....
8 Killer Music Streaming Clients For Linux Users
If you are both a lover of Linux and music, you must be aware of the best music streaming services on the Linux platform....
10 Cool Raspberry Pi Projects You Can Involve With!
Here we will list down what are the 10 best Raspberry Pi projects which you can involve with....
15 Amazing Open Source Alternatives For Expensive Software
We have a list of fifteen open source applications, for enterprises, small businesses as well as average users....
7 Most Useful Debian Goodies For Debian/Ubuntu Administrators And Users
There are some commands which will let you know which packages are occupying most disk space on your system or to get your hands upon the most recent ...
A Guide For Beginners, Planning To Start First Electronics Project
Take a look at what are most required to begin your first electronics project....
Learn The Best Ways To Scan And Delete Duplicate Files On Your Linux System
Duplicate files consume the maximum portion of the disk space and if a similar file is located in two different locations, then a symbolic link or a h...
5 Reasons Why Fedora 21 Is So Keenly Awaited!
So why are we waiting so eagerly for Fedora 21? Let's take a look at five reasons behind the excitement factor....
 
  View All
Dialogue
 
10 Questions That Google Never Asks While Hiring!
Here is a list of 10 questions that Google just banned from their interviews....
For Enjay, Open Source Technology Is A Way Of Life
An entirely open source-based company, Enjay IT Solutions, has built itself a reputation in the OSS domain....
Switching To Tizen Doesn’t Mean We Are Abandoning Android: Samsung
The company has worked to build Tizen up from scratch and has now introduced it to developers and the general public with its latest range of wearable...
Venturing Into The Cloud? Develop A Customised Cloud Strategy First!
Diksha P Gupta speaks to Rushikesh Jadhav, cloud evangelist, ESDS Software Solution Pvt Ltd, on how the cloud has changed the way compan...
HTC Is Strong And There Are No Plans Of Sale Now Or In Future, Says HTC's Senior Director-Marketing
Atithya Amaresh from EFYTimes had an exclusive chat with Sirpa H. Ikola, senior director, Marketing, South Asia, HTC about its devices and its plans w...
   
  View All
Videos
 
First Look: LG Optimus G
The phone sports a high-end display and comes powered by a powerful processor. ...
Create QR-Codes For Free
TEC-IT releases the freeware QR-Code Studio to provide a quick and convenient way of QR code creation for every application scenario....
DoT Secretary Shares Plans For Growth Of Telecom Sector
M.F. Farooqui has recently taken charge as secretary, Department of Telecom....
Hands-On: Sony Xperia Z
Xperia Z is Sony's first entrant model in the big-screen smartphone category. ...
Hands On: Videocon A30 Smartphone
Videocon, the consumer electronics company which is known for its refrigerators, washing machine and air-conditioner has unveiled its Android-based sm...
   
View All
   
 
IFA 2014
 
IFA 2014: LG Launches 34-Inches Curved Monitor
The company is yet to confirm price and availability of the device....
IFA 2014: Intel Launches First Core M Range Of Processors
This range of processors is tailor-made for 2-in-1 devices which include a tablet and a laptop....
MWC 2014: Tablet Lets People Feel Textures On Its Screen
Now feel what you see on your tablet, by way of ultrasonic waves....
MWC 2014: 4K Android Tablet Games To Kill Consoles, iPad
Tablet makers like Samsung want to beat the iPad by making 4K tabs. ...
MWC 2014: This Vodafone Backpack Helps Get Network In Disaster Situations
Two engineers of Vodafone New Zealand displayed the "mini" mobile network by Vodafone substructure in a backpack. ...
MWC 2014: Wilocity Chipset To Bring 'Lightening' Speed To Mobile Phones
Wilocity has developed a WiGig chipset for mobile phones that will bring lightning-fast wireless capability ...
MWC 2014: Samsung Introduces Octacore, Hexacore Chipsets
The Korean giant, Samsung unveiled two new octacore and hexacore chipsets at MWC 2014, in Barcelona. The company previously used Exynos 5 Octa 5410 ch...
   
View All
   
 
Events
 
19th Consumer Electronic Imaging Fair To Be Held On ...

View All
   
   
 
 

home archives contact us advertise with us
           
Magazines Portals Directories Events News Verticals Educational Institute  
Electronics for You
Open Source for You
Electronics Bazaar
electronicsforu.com
efytimes.com
opensourceforu.com
electronicsb2b.com
Electronics Annual Guide
EFY EXPO INDIA
EFY EXPO WEST
ELECTRONICS ROCKS
EFY Awards
OSIDAYS Expo
Electronics
Infotech
Linux & Open Source
Consumer Electronics
Science & Technology
BPO
EFY Techcenter

Educational Kits
Kitsnspares.com  
 
 
© Copyright 2014 EFY Enterprises Pvt. Ltd.
All rights reserved. Reproduction in whole or in part in any form or medium without written permission is prohibited.
Usage of the content from the web site is subject to Terms and Conditions