Nucleus Software Exports Reports Mixed Financial Results for Q3 2024

Nov 14 2024 05:37 PM IST
share
Share Via
Nucleus Software Exports, a smallcap IT software company, has reported a decline in its performance for the quarter ending September 2024. However, the company's operating cash flow and debtors turnover ratio have improved, indicating strong revenue generation and faster debt settlement. On the other hand, the profit before and after tax have seen a decline, and the company's non-operating income and dividend payout ratio are also concerning.

Nucleus Software Exports, a smallcap IT software company, recently declared its financial results for the quarter ending September 2024. The company has received a 'Sell' call from MarketsMOJO, indicating a negative outlook for the stock.

According to the financials, Nucleus Software Exports has seen a decline in its performance for the quarter, with a score of -9 compared to -15 in the previous quarter. However, there are some positive aspects to the company's financials. The operating cash flow for the year has been the highest in the last three years, indicating a strong revenue generation from business operations. Additionally, the debtors turnover ratio has also improved, showing that the company has been able to settle its debtors faster.

On the other hand, there are some concerning factors in the financials as well. The profit before tax (PBT) has fallen by 35.5% compared to the average of the previous four quarters, and the profit after tax (PAT) has also seen a decline of 21.4%. This trend is not favorable in the near term. Moreover, the company's non-operating income is high, which may not be a sustainable business model. The dividend payout ratio is also at its lowest in the last five years, indicating that the company is distributing a lower proportion of its profits as dividends.

In conclusion, Nucleus Software Exports has shown a mixed performance in its financials for the quarter ending September 2024. While there are some positive aspects, there are also some concerning factors that investors should consider before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News