Nucleus Software Exports files BRSR for FY 2025-26

1 min read     Updated on 03 Jul 2026, 04:31 PM
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Nucleus Software Exports Limited filed its Business Responsibility and Sustainability Report for FY 2025-26, disclosing a turnover of ₹805.97 crore and a net worth of ₹874.66 crore. The report details a workforce of 1,954 employees, with women comprising 24% of the staff and 28.57% of the Board. The company invested 2.17% of its capital expenditure in energy efficiency technologies, replacing conventional UPS systems with modular ones. Energy consumption totaled 10,36,45,98,000 KJoules, and water consumption was 40,919 kiloliters. The report confirms an anti-corruption policy is in place and identifies the Risk Management Committee as the decision-making body for sustainability issues.

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Nucleus Software Exports Limited has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26, disclosing a turnover of ₹805.97 crore and a net worth of ₹874.66 crore. The filing, submitted pursuant to Regulation 34(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details the company's environmental, social, and governance performance, including a workforce of 1,954 employees. The report has been uploaded to the company's investor website.

The company reported a total workforce of 1,954 employees, comprising 1,902 permanent and 52 other-than-permanent staff. Women accounted for 24% of the total workforce, while the representation of women on the Board of Directors stood at 28.57%. The company operates five offices nationally and two internationally, serving customers across 50+ countries. Exports contributed 36.71% to the total turnover.

Financial disclosures within the report indicate a turnover of ₹805.97 crore and a net worth of ₹874.66 crore. The company invested 2.17% of its capital expenditure in specific technologies to improve environmental and social impacts, up from 0.05% in the previous financial year. This investment included replacing conventional UPS systems with modular UPS technology to enhance energy efficiency.

The BRSR details the company's energy consumption, which totaled 10,36,45,98,000 KJoules for the year, with an energy intensity of 1.29 per rupee of turnover. Water consumption was recorded at 40,919 kiloliters. The report also notes that the company generated 4.26 metric tonnes of waste, of which 0.27 metric tonnes were recycled.

Regarding compliance and governance, the report states that the company has an anti-corruption policy in place and that no independent assessment was carried out by an external agency. The Risk Management Committee is responsible for decision-making on sustainability issues. The report also lists eight wholly-owned subsidiaries, including entities in Singapore, the United States, Japan, and the Netherlands.

Historical Stock Returns for Nucleus Software

1 Day5 Days1 Month6 Months1 Year5 Years
+1.14%-1.01%+7.37%-17.49%-35.67%+9.34%

How will the significant increase in capital expenditure for environmental technologies impact Nucleus Software's operating margins over the next fiscal year?

What specific targets has the company set to further improve the current 24% female workforce representation and 28.57% board diversity?

Does the company plan to conduct independent external assessments for its anti-corruption and sustainability practices to enhance transparency?

Nucleus Software appoints Bhavit Godiwala as Chief Customer Success Officer

1 min read     Updated on 24 Jun 2026, 01:44 AM
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Nucleus Software has appointed Bhavit Godiwala as Chief Customer Success Officer (CCSO) effective June 22, 2026, to bolster its leadership in the BFSI sector. With 29 years of experience in strategic technology delivery and digital transformation, Godiwala will lead the global Customer Success organization. His mandate includes accelerating value realization and driving the adoption of the FinnOne Neo® platform for financial institutions worldwide.

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Nucleus Software has appointed Bhavit Godiwala as Chief Customer Success Officer (CCSO) to strengthen its leadership in strategic technology delivery and customer success within the BFSI sector. The appointment is effective June 22, 2026, and aims to accelerate value realization and delivery excellence for financial institutions globally.

Appointment Details

The company informed the National Stock Exchange of India and BSE Limited regarding the new appointment pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The requisite disclosures were made in accordance with SEBI circulars dated July 13, 2023, and November 11, 2024.

Particulars Details
Reason for Change: Appointment
Date of Appointment: June 22, 2026
Designation: Chief Customer Success Officer
Experience: 29 years
Education: MBA in Finance, Bachelor of Engineering in Computer Science
Certifications: PMP, SAFe Agilist

Executive Profile

Bhavit Godiwala is a senior technology and customer success leader with nearly three decades of experience. His expertise spans strategic technology delivery, customer success, and large-scale digital transformation, particularly in core banking, digital banking, payments, and cash management. He also brings experience in cloud-native product delivery across various geographies including Asia, the Middle East, Africa, Europe, and Latin America.

Prior to joining Nucleus Software, Godiwala held leadership roles at Centelon Group, Intellect Design Arena, Tech Mahindra, and Infosys Finacle. His background encompasses program delivery, P&L management, stakeholder governance, executive customer engagement, and business transformation.

Strategic Focus

In his new role, Godiwala will lead Nucleus Software's global Customer Success organization. He will focus on deepening customer relationships, accelerating value realization, and helping financial institutions build greater business agility in an increasingly digital and AI-driven environment. He will work closely with customers, partners, and internal teams to enhance strategic engagement, strengthen governance, and drive the successful adoption of the company's flagship platform, FinnOne Neo®.

Historical Stock Returns for Nucleus Software

1 Day5 Days1 Month6 Months1 Year5 Years
+1.14%-1.01%+7.37%-17.49%-35.67%+9.34%

How will Godiwala's expertise in cloud-native delivery influence Nucleus Software's product roadmap for the FinnOne Neo® platform?

What specific metrics will the company use to measure the success of the new Customer Success organization under Godiwala's leadership?

Could this appointment signal a strategic shift towards AI-driven solutions to differentiate Nucleus Software in the competitive BFSI market?

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