Executive summary

The objective of this project is to evaluate or to comment on the performance appraisal of the
company and to do the investment analysis. In this project we are going to work in the
organization for 6 weeks and we are going learn about the company and the industry. In this
project we will talk about the nucleus software exports ltd. we will learn about the company
profile and also the various other departments of the company and will do the on the
performance appraisal of the company and to do the investment analysis by using some basic
tools.

This project basically deals with how an organization work and info about different departments
and basically a study of the organization. The project deals with what all I learned in the
organization. The company is basically a leading banking software provider which helps the
customers in making their work easy. They are a successful players in the market for past 27
years serving the banking and financial sector.
 Introduction
In a company majorly what matters the most is performance of their employees because it is the
performance of the employees which leads to good results and goodwill of the company. But
employee would perform or would be willing to perform for the organization only when they get
good appraisal. Appraisal acts as a motivation for the employees and it is something for which an
employee works hard and Looks forward for it. My topic for the project is evaluation of
appraisal mechanism and analysis of investments. I have worked as a project intern in finance
and HR department of Nucleus software's exports. My project would be covering details about
the organization what it is all about and also would be covering my topic in detail in my project.
My project is dealing with two aspects I. E.:-

1) Performance appraisal

2) Investment

Now talking about the first aspect I. E. Performance appraisal

Performance appraisal means evaluating the job performance of an individual and based on his
performance and evaluation made out of it the appraisal is made for the respective employees.
The objective of doing the performance appraisal that can be considered as certain key points
while working on the appraisal are:-

1. To prepare and maintain proper records so as to determine the optimal salaries package,
wage structure etc.
2. To analyze and identify the positive and negative points of employees and assign them
tasks and duties accordingly.
3. To assess the potential in the employees and try to maintain the potential of the
employees for his / her further growth and development.
4. To tell employees about their performance in the organization and their related status in
the organization.
5. To analyze the factors those are behind the performance of the employees.
6. The employer know where and when to guide the employees.

Every system has some advantages and disadvantages so here are few points describing the
advantages and disadvantages of performance appraisal mechanism or we can say that these are
the pros and cons of performance appraisal.

Advantages of performance appraisal:-

 It provides a platform or gives a platform to the senior managers so as to interact with the
employees and discuss about their duties performed by them and their performance.
 It gives the senior managers a opportunity to provide with the feedback to the employees
and also employees gets to know that how well they have achieved the goals.
  It motivates the employees to work harder and more efficiently.
 It gives a platform to the employees to clear their doubts and discuss their issues with the
senior managers.
 It helps the senior managers or head to plan the coming year and also helps to set the
goals for the employees.
 It helps to analyze that how effectively and efficiently the employee is working.
 It enables the manager to decide to whom the merit should be given and to whom it
should not be given.
Disadvantages of performance appraisal:-
 If the appraisal is not done accurately then it might lead to a negative experience for
the employees.
 It is a time consuming process or we can say it is a lengthy process.
 It is based on the assessment of the performance of the human being or we can say it
is based on the assessment of human beings as a asset so there are chances of business.
 The entire process can be a waste of time if it is not done properly and by keeping
each and every aspect in mind.
 This entire process can create a stressful environment in the organization for all the
people involved in this process.

Thus we can say that performance Appraisals is the evaluation of person's performance
deliberately. It is a formative device utilized for all round advancement of the representative and
the association. The performance is estimated against such factors as employment learning,
quality and amount of yield, activity, initiative capacities, supervision, trustworthiness, co-task,
judgment, flexibility and well being.

As covered above the first aspect of my project above now I will be covering the second aspect
that I am working on I. E. Investment

Investment can be defined as in simple words that investments is nothing but putting your money
to work for your betterment or we can say that it is another way to earn money or to a different
perspective to use your cash and earn money. Investment is the best option for those who have
high amount of savings and are not aware what to do about those savings or them also who want
to earn easy money.

One should not confuse investments with gambling because gambling is something when we
invest but with a huge risk and with a hope of earning money and there is no confirmation that
you will earn money if you gamble but in case of investment you get granted returns.

Objectives of investment:-Investment as we all know can be done by any one I. E. Any ordinary
person, a firm etc. With each and every investment certain objectives are associated and these
are as follows:-
 1) Safety:-to ensure the security of the funds many small and big representatives get a kick
out of the opportunity to stop crucial trade out government securities or money promote
essential sponsorships that may offer more raised measures of return.
2) Income:- Amid a monetary downturn, purchaser spending drops and business incomes
diminish. As opposed to putting capital in typical business exercises, you may put a
portion of your company's trade out securities, for example, bonds or favored stocks.
These sorts of securities give the enterprise a relentless salary stream, so organizations
can utilize securities to create income when ordinary business exercises neglect to deliver
much wage. Shared assets, stocks and numerous securities are very fluid, which implies
you can rapidly offer the association's property once business starts to get again and you
require the cash for different things.
3) Diversification:- Monetary downturns are frequently confined, with firms in specific urban
communities being more gravely influenced than comparably measured firms somewhere
else. Lodging deals tend to drop amid extreme retreats, which mean manufacturers and
land specialists are frequently more influenced than organizations working in different
areas of the economy. You can shield your firm from a financial downturn by putting a
portion of the association's benefits in securities fixing to different ventures. You can
likewise fence against a national retreat by buying shared assets containing either remote
securities or products, for example, gold or oil. Increments and declines in the estimation
of your association's securities are not really fixing to changes in organization deals or
the estimation of your company's settled resources.
4) Speculation:- At the point when incomes are rising, you may find that your firm has
surplus money. Entrepreneurs some of the time utilizes save money for theoretical
ventures, for example, growing new items or administrations. On the other hand, you can
put the additional trade out theoretical securities, for example, high return, or "garbage,"
bonds or stocks. Since you are contributing surplus money, your organization won't
endure extraordinarily if the securities drop in esteem. Then again, you could create a ton
of additional cash for your firm if the high hazard securities really ascend in esteem.

My project or the report would be revolving around these two topics only I.e. performance and
investment. My project would be dealing with that how fruit full the investments are that they are
making and also how effective is the appraisal mechanism of the organization. The results or the
conclusion would be depending upon the data I would get while working as a intern.
 Chapter 1- Introduction
Worldwide Banking Products and Solutions Provider - Providing Best in class programming
answers for the Banking and Financial Services Industry for more than 20 years. Arrangements
traverse crosswise over Retail Banking, Corporate Banking, Cash Management, Internet Banking
and Credit Cards. the item's controls the exercises of more than 150 associations in excess of 50
countries, supporting retail crediting, corporate sparing cash, cash organization, convenient and
web dealing with a record, auto finance and distinctive business districts.

known for their reality class ability and development in loaning and exchange managing an
account innovation. their two lead items, based on the most recent innovation are:

• FinnOne™, 10 time champ - World's Best Selling Lending Solution.

• FinnAxia™, an incorporated worldwide exchange saving money arrangement utilized by

banks worldwide to offer proficient and imaginative worldwide installments and receivables,
liquidity administration and business web managing an account administrations

Their product offering likewise incorporate:-

1) Lending investigation:- as indicated by Accenture, in excess of 33% of the world's

grown-up populace makes almost no utilization of formal monetary administrations, and serving
this enormous market of unbanked and under kept money could create about $380 billion in new
incomes. To grab this opportunity, credit chiefs need to utilize examination broadly.
Investigation can help where customary scoring models don't work. The developing fame of
FinTech and the ascent of digitization have made the two dangers and open doors for banks. To
remain ahead and exploit the advancing business sector dynamics,banks need to use digitization
and examination to give predominant client encounters giving clients what they need, when and
where they need it at an appealing and productive cost.

2) Lending versatility:- uring the year, we propelled the most recent rendition of our honor
winning loaning arrangement FinnOne Neo Lending Mobility. We expanded digitization
capacity of FinnOne Neo m Collect which would now be able to be utilized for Unified
Payments Interface (UPI) based direct reserve transfers.To drive its objective of transforming
India into a "cashless society", the administration has revealed numerous activities for
encouraging consistent advanced installments exchanges including UPI-based applications and
administrations, most outstanding of them being the Bharat Interface for Money (BHIM).
According to information from the RBI, the quantity of exchanges crosswise over UPI expanded
by 584 for each penny (0.3 to 4.5 million) since demonetisation in Nov 2016 and achieved 6.9
million adding up to an estimation of INR 22 billion in April 2017. With quickly developing
reception of computerized installments, it is essential for banks and other budgetary
administrations organizations to stretch out their digitization activities to credit accumulations
and o_er helpful installment choices to their advance clients.

With changing business sector progression, they center around item development with an energy
for flawlessness and determined pledge to convey world-class items to its clients. A few vital
activities are in progress to reinforce operational procedures, representative strengthening and
co-creation activities have been continuing for honing client centricity.

A background marked by advancement

Since 1989 Nucleus Software has worked with a portion of the world's most imaginative money
related administrations organizations. Over that period the fund business has experienced
enormous change driven result advancement, innovation, expanding client complexity, control
and monetary development. Their answers have constantly kept pace, helping our clients to serve
the regularly developing requests of their clients. That profound learning and experience is
incorporated with the arrangements which in excess of 150 associations in 50 nations depend on
today to control their loaning and exchange managing an account organizations.

A past filled with comes about

Consistently in 50 nations in excess of 150,000 individuals utilize our answers for serve a huge
number of clients. Consistently the world's most creative organizations depend on Nucleus
Software to enable them to accomplish their business objectives. Regardless of whether it is
dealing with developing advance portfolios or decreasing levels of non-performing credits,
diminishing advance endorsement times or opening caught money crosswise over outskirts our
clients have increased quantifiable business benefits quick. Premise the arrangements we give,
our clients have won honors, including; display bank grants, innovation execution honors and
process perfection grants.

Cutting edge arrangements based on a solid establishment

The loaning and exchange managing an account scenes are mind boggling and quick moving.

To convey the items and administrations clients expect requests an expansiveness and profundity
of useful scope – broadness since clients have colossal necessities - from basic overdrafts to
complex renting assentions, and profundity in light of the fact that even the least difficult
overdraft is ending up progressively unpredictable. In exchange saving money, the test of
picking up the perceivability corporate treasurers require in the midst of rising levels of
unpredictability is making a troublesome issue significantly more perplexing.

As clients turn out to be always complex their monetary administrations needs develop – from
adaptable reimbursement timetables to the channels they utilize. The requirement for quick item
development joined with quick changing innovation places expanding requests on the hidden
framework.

To address these requires another age of arrangements, manufactured utilizing the most recent
advancements, intended for the web and versatile period, supporting consistent development and
permitting the selection of new advances and channels as the market requests them.

Core Software's FinnOne Neo is the cutting edge loaning arrangement based on the Neutrino
structure, an exceptional, propelled innovation stage which enables us to help on-going change
as clients request it. The arrangement handles the entire advance lifecycle end to end, from
starting contact with clients and helping settle on better credit choices speedier to exhaustive
advance overhauling and refined misconduct administration. With executions crosswise over 50
nations, Finn One 10 time victor - world's smash hit loaning arrangement. Core Finn One gives
you all that you have to shape the eventual fate of loaning crosswise over Retail, Corporate and
Islamic segments.

FinnAxia, our exhaustive exchange managing an account arrangement, is likewise based on the
Neutrino system. FinnAxia handles the requesting necessities of money administration between
the bank and the corporate clients, by giving a consistent, secure and straightforward value-based
eco-framework. Utilized crosswise over 22 nations and preparing 9.2 million exchanges per day,
it offers genuinely world class capacities created from long stretches of involvement in the area.
Core Finn Axia empowers you to convey the incorporated exchange keeping money items and
administrations your clients expect crosswise over Receivables, Payments, Liquidity
Management and Financial inventory network administration.

PaySe™
"The advanced wallet from Nucleus Software is India's first o_ine installment arrangement
intended to upset the card installments showcase. Customary card-construct installments are
situated in light of a center and talked system and subsequently are centered generally around the
associated and kept money populace of the world. PaySeTM o_ine installment arrangement are
focused at clients and traders in the provincial and semi urban zones where versatile information
availability is as yet a test. The effortlessness of the arrangement framework which comprises of
a POS terminal and a Mifare card makes it a perfect installment answer for country buyers were
separated from challenges in information availability, advanced cells are not predominant
 VISSION AND MISSION
Vision
“Using technology to improve educational outcomes, empowering the
underprivileged, unleashing children’s’ potential and improving lives.”
Source:- http://www.nucleussoftware.com/investors

Mission
“Our mission is to improve educational outcomes for children at primary
level in government schools and affordable NGO aided schools, through
the use of innovative, easy to use technology. We believe that
technology has the power to transform educational outcomes and that
everyone, no matter what their financial background should have access
to technology in education.”
Source:- http://www.nucleussoftware.com/investors
 SUBSIDERY COMPANIES
Nucleus software’s export ltd. has in total 9 subsidiaries:-

VirStra i-
Technology
Services Ltd.,
Nucleus India
Software Nucleus
Japan Software Inc.,
Kabushiki US
Kaisha

Nucleus Nucleus
Software nucleus Software
Netherlands software Solutions Pte.
B.V., exports ltd Ltd.,
Netherlands Singapore

Nucleus
Nucleus
Software Ltd.,
Technologies
India
\Nucleus
Software
Australia Pty.
Ltd., Australia
 VALUES
Management is defined for conceptual analytical, theoretical as that process by
which the managers create obtain direct and maintained and achieve their objective
in the organization. Financial Management is a part of this and its analysis in every
step is necessary financial analysis is of one of the crucial step of finance for
operating the organization effectively both present and in future. Financial
information is required to predict, compare and evaluate the firms earning ability.
It is also required to aid in economic decision making investment and financing
decision making – investment and financing decision making

Nucleus Software has recognized five center qualities - Integrity, Respect, Result Orientation,
Innovation andCollaboration – which shape the establishment of our corporate logic. From the
way our staff cooperate to the way we build up our items and join forces with our clients to
guarantee their prosperity, these qualities support all that we do. They exhibit Nucleus Software's
responsibility to making a solid corporate culture and long haul organizations which convey
genuine incentive to our clients.
Why these five Values?

2.1) Integrity is an idea of consistency of activities, values, strategies, measures, standards,

and ethics and for Nucleus Software workers uprightness is the inward feeling of "wholeness"
getting from characteristics, for example, genuineness and consistency of character.

2.2) Respect is the principle fixing to being entirety. One may have a distinction of
supposition with someone else, however he/despite everything she regards the person since the
individual is viewed as another piece of the entirety.

2.3 ) Collaboration is the soul of cooperating that empowers such amazing accomplishments be
conceivable. It is the positive vitality of a few that set up together outperforms the vitality of
every person and can, as it is said actually, move mountains.

2.4) Innovation is impetus to development, saw as utilization of better arrangements that new
prerequisites, unintelligible needs, or existing business sector needs. This is proficient through
more successful items, forms, administrations, innovations, or thoughts that are promptly
accessible to business sectors, governments and society.

2.5) It is the satisfaction of the vision and mission that will really improve lives and attempt
beneficial. Result introduction is tied in with making results that have the effect.
 ORGANISATIONAL STRUCTURE
The organizational structure followed at nucleus software’s is:-

MD AND
CEO

Delivery BDG
product support
department Marketing
And the support department further includes:-

HR

admin

support IT

FINANCE

legal
Some details about the departments

Production team: deals in lending and CAS functions

Delivery team and BDG team:- are combined know and their duty is implementation of FINN
AXIA and FINNONE NEO and cloud and also the other services.
Strategy team looks into marketing basically.
Support team it includes:-
A) HUMAN RESOURCE DEPARTMENT:- Certification an abnormal
state of selectivity in enlistment of delegates/understudies unequivocally
on the criteria of their understanding, aptitudes and demeanors, with a
specific end goal to anchor super achievers and sustain them to surpass
desires in there. Give such actuation, presentation and planning, as to
coordinate the individual to the endeavor and teach a high sentiment of
definitive and individual destinations. Offers workplaces to all round
advancement of the individual by means of planning in and outside the
association, reorientation, even versatility and self-change through self
motivation. Prepare every individual to comprehend his potential in all
highlights while adding to achieve higher legitimate and individual
destinations. Create gatherings and energize coordinated effort as the
fundamental instrument in all activities. See exemplary responsibilities
in time and appropriately with a specific end goal to keep up a strange
condition of specialist motivation and certainty. Examinations and
headway ought to be good and reasonable. Execute fair, investigative
and target game plan of prizes, sparks and control. Contribute toward
prosperity and welfare of delegates.
B) Finance department:- The piece of an association that deals with its cash.
The business elements of a back office regularly incorporate arranging,
sorting out, reviewing, representing and controlling its organization's
accounts. The back division likewise as a rule creates the organization's
monetary explanations.
C) Legal department:- Legitimate divisions inside a business work to keep up
and keep any lawful issues that could emerge. They assume basic parts in
looking into and drafting contracts, representative arrangements, and
 taking care of court cases. These ''legitimate divisions'' are utilized by the
organizations in numerous changing degrees
D) It department:- An IT association (data innovation association) is the
office inside go with that is accused of setting up, checking and keeping
up data innovation frameworks and administrations.

I worked in finance department and in broad the structure of the department is as follows:-
 Accounts receivable team is involved in raising invoice and collection from customers.
 Accounts payable department deals in payment of salary, other operating exp payment
and taxes payment.
 MIS department deals in the financials and the industry analysis, customer profitability.
The detailed structure is given below:-
 finance
department

accounts
accounts
recivable and taxation team MIS team treasury team secetraial team
payable team
revnue team
 MIS (Management Information Systems)
An administration data framework (MIS) is a modernized database of money related data
composed and modified such that it produces consistent reports on tasks for each level of
administration in an organization. It is normally likewise conceivable to acquire exceptional
reports from the framework effortlessly.

Reason for MIS

The reason for a MIS is enhanced basic leadership, by giving cutting-edge, exact information on
an assortment of authoritative resources, including:

• Financials

• Inventory

• Personnel

• Project courses of events

• Manufacturing

• Real bequest

• Marketing

• Raw materials

• R&D
The MIS gathers the information, stores it, and makes it available to directors who need to
examine the information by running reports.

The objective of a MIS is to have the capacity to correspond different information indicates all
together strategize approaches to enhance activities. For instance, having the capacity to contrast
deals this month with deals multi year back by taking a gander at staffing levels may point to
approaches to help income. Or on the other hand having the capacity to analyze advertising
consumptions by geographic area and connection those to deals can likewise enhance basic
leadership. In any case, the main way this level of investigation is conceivable is because of
information that is accumulated through a MIS.

Running reports that draw together divergent information focuses is a MIS' key commitment.
That element, in any case, accompanies a huge cost. MIS usage is a costly speculation that
incorporates the equipment and programming buys, and additionally the combination with
existing frameworks and preparing all things considered.

In Nucleus Software sends out Also MIS is utilized for working together and breaking down the
information and it helps in basic leadership.

The key elements of MIS at core programming sends out constrained is :-

A) Collection of information

B) Making an important investigation

C) Presenting that information

In core programming's fares the real territories or heads where MIS works are:-

a) Head tally

b) Revenue
c) Expenses

d) Order booking'

e) Debtors

f) Company items

Fundamentally the framework works in a way that the financial backing is set for every one of
the above heads and real information is figured on the quarterly premise utilizing MIS and after
that vital choices are made. This framework is extremely critical for the smooth working of the
association and furthermore to make sense of what is turning out badly and suitable basic
leadership can be there.
The MIS model at nucleus is:-

NSEL

PROFESSIONAL
BDG IT PRODUCT AVON
SERVICES
 SAP MODEL OF NUCLEUS

All the tasks are interlinked with one an another:-

Sap is an
integreated tool
used for manageing
the following tasks

procurement sales project selection

 Performance Appraisal tools
Amid the year, there were dispatches of different association wide HR activities to guarantee
high-performing and drew in workforce, as:

1) Conveying Business Excellence - Frequent interface sessions with partners to a great

extent focusing on the high possibilities
2) Social occasion bits of knowledge about the work environment, culture and openings
offered and imparting them to the business for preventive activity
3) Going about as vital business accomplice by frequently sharing HR measurements as
dashboard
4) Representative Assist - Conceptualize and execute reasonable mediations to keep
partners spurred

a. Redoing referral program to pull in ability from the business

b. Adjusting the yearly execution administration process (NucEDGE17) to the business

gauges by moving far from constrained dissemination

c. Working with legitimate group to secure IP of the association through proactive

intercession and case administration

d. Dispatch of day mind in Nucleus Software premises

It has been well said by Mohrman and Mohrman (1995) that overseeing execution is
'maintaining the business'. It's anything but an arrangement of strategies and it is positively not
about 'execution administration frameworks'. Kermally (1997) trusts that 'execution
administration should bolster corporate system plan and screen esteem drivers, i.e. those
components that truly make the business beneficial'. On the off chance that a comprehensive or
all encompassing way to deal with the administration of execution is embraced, the
accompanying parts of what makes associations, groups and people perform well must be
considered:

The setting of the association.

Culture.

Functionality.

Job plan
 Teamwork

Organizational advancement.

Purpose and esteem proclamations

Strategic administration.

Human asset administration

Performance management administration requires:

Identifying the parameters of execution and expressing them unmistakably.

Setting execution norms.

Planning in participative ways where fitting, execution of all constituents.

Identifying skills and competency holes that contribute/obstruct to execution.

Planning execution improvement exercises.

Creating possession.

efficiently choosing and imparting what should be done (points, goals, needs and targets)

an arrangement for guaranteeing that it happens (change, activity or administration designs)

a few methods for evaluating if this has been accomplished (execution measures)

data contacting the ideal individuals at the opportune time (execution detailing) so choices are
made and moves made.

A Performance Management System empowers a business to maintain gainfulness and execution

by connecting the worker's compensation to competency and commitment. It gives open doors
for deliberate self-improvement and profession development. It brings all the workers under a
solitary vital umbrella. In particular, it gives administrators and subordinates an equivalent
chance to communicate under organized conditions.

Dealing with this procedure viably isn't simple. It requires an abnormal state of co-appointment,
diverted data stream, and convenient survey. Regardless of whether representatives are at a
solitary place, or then again spread over various areas, the utilization of innovation can help
streamline the total process for more powerful data administration. Execution administration
could be characterized as it starts when the activity is characterized and closes when a worker
leaves the organization. Between these focuses, the accompanying ought to be comprehended for
a working Execution administration framework

The performance appraisal tools used in nucleus are:-

1) 360 Degree feedback

2) Ranking method
3) Trait focused appraisal

What is 360 degree feedback?

This strategy includes getting an input about the worker from each person who
connects with him amid his working hours. They can be his associates, his
subordinates, his bosses, clients who have collaborated with him and even he
himself would be met about his impression of himself and his obligations at the
work environment. This execution examination strategy would be exceptionally
valuable for new companies, in light of the fact that the most ideal approach to
survey a representative's general execution and get a knowledge about his conduct,
identity and mentality this is the best technique to take after. In spite of the fact that
it is a brief period devouring, however it is financially savvy and exact. It keeps
predispositions out of play because of different suppositions, with the goal that the
survey isn't influenced by inclinations of one individual.

What is ranking method?

This execution evaluation strategy can be utilized by new companies and

independent ventures that are scaling and are attempting to set up forms set up. It is
process-based and includes the association to set pre-decided targets that
representatives are relied upon to meet. People are then appraised by their chiefs or
administrators. It is like the reviewing framework that is normally followed in
schools, yet is successful and efficient. Representatives are assessed for their
abilities, cooperation, relational abilities, accuracy, and so forth. What's more, they
are required to meet an essential score. In the event that they don't meet the score
then they are sent for execution change preparing which would enable them to
adapt up to their inadequacies.
What is trait focused appraisal?

This procedure is helpful for strengthening positive hard working attitudes and
culture in the association. It considers qualities like supportiveness, steadfastness,
promptness, and so forth to be assessed by the association. It propels
representatives to be aggressive in a reasonable way but then be accessible for
assisting partners if require be. New businesses ought to consider giving their
workers quality focused examinations now and again, in light of the fact that it
fortifies positive culture in the association.

To evaluate the performance appraisal method of the company I asked few

questions to the people working their basically method for collecting the data was
interview because I was not allowed to circulate the questionnaire in the
organization.

So the questions asked were:-

1) Are you aware about the performance appraisal methods in your company?
2) Are you stassifyed with the performance appraisal done in the organization?
3) How frequently is the appraisal done?
4) Is the appraisal done at every level or only at the senior level?
5) According to you which method do you prefer most for the appraisal?
6) According to you is there any biasness in the appraisal system?
7) According to you is there any improvement required in this system?
8) How you receive the feedback of your performance?

As per the Reponses I got from the question the results are as follows:-

 Most of the employees are aware of the performance appraisal methods in

the organization. There are a few people who are not aware of the appraisal.
 Most of the people said that they are stassifyed with results
 Relatively every appraiser was of the view that ACR improves the execution,
 in spite of the fact that it is yearly yet it gives a feeling of responsibility and
assessment of work. So representatives stay cognizant and concentrated at
work which they need to perform. In any case, 90 percent of appraises have
a view that ACR has no any effect on the execution of workers as in the
wake of filling ACR they never get the input and never realize that what
 occurred with their ACR reports. Rest of the appraises expressed that it
influences on our execution as we realize that somebody will assess our
execution toward the end.
 Few Interviewees told that they have never been conveyed about execution
guidelines ahead of time. In addition they featured that they have picked up
data of ACR parts by filling a few segments of shape toward the finish of
year. Yet, how they are appraised, the amount they have advanced and what
they have to move forward, nothing at any point imparted to them.
 95 percent of respondents said there is no formal system either in composed
or verbal of giving execution criticism to the representatives In any case,
periodically managers and administrators share their feeling with respect to
execution with representatives in individual gatherings and social occasions.
In any case, the greater part of appraisers affirmed that they give input
toward the finish of the scholastic session. In execution administration
framework it is pre-essential to have a formal gathering amongst appraise
and appraiser no less than twice in scholastic session, one in starting what's
more, second toward the finish of session and it is proposed that for viable
execution administration framework there ought to be interval gatherings
between them also, in request to mentor and coach the execution of workers.
 Investment analysis

Before doing the investment analysis I was told to do a short competitive analysis
whose results are mentioned below.

Talking about the competitors of nucleus software’s export or saying that the
competitors which I have taken for my analysis are:-

competitors

intellect
R sysytems aurionpro
design arena

These three competitors were taken and the analysis was done on the
basis of ratio analysis and using the profit and loss account and balance
sheet
The results are as follows:-
Nucleus Vs Competitors
Figures in(lakhs)

Aurion R
Nucleus pro Intellect systems
Revnue 11103 12448.42 30697.32 1604.19
growth YoY 10.45% 74% 1.13% 1.04%
Expense 8412.92 6522.85 9419.64 14519.5
Operating Profit 1571 5925.57 21277.68 1,032.80
Operating margin 14% 48% 69% 7%
PBT 2147 5365.06 21313.11 1,224.50
PAT 1726 5123.64 21267.49 812.4
Pat margins 15% 41% 69% 51%
 Ratio Analysis
The ratio analysis was done on the basis of the data of Profit and Loss
Account and Balance sheet.
Profit and loss Account

NUCLEUS SOFTWARE FY18 R SYSTEMS FY18 AURIONPRO FY18 INTELLECT DESIGN ARENA FY18
PARTICULARS

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

TOTAL OPERATING REVENUE 9,432 10045 10602 11103 14,430 14,792 14889 15552 1604 16865 16605 12448 24,219 26,988 27,067 30,697

(Less)EXPENSES:

Operating and Other Expenses 1,979 1,922 2053 1664 1,324 3,878 2962 3733 1846 1579 1810 1528 3,916 5,092 5,347 7,042

Changes in Inventory - - 0 0 -1127 -99 1258 -715 - - - -

Employee Benefit Expenses 6,421 6,743 6678 7856 10,234 10,341 10379 10768 6834 6943 7190 5206 16,247 19,328 20,021 2,116

Finance Cost 13 15 12 12 22 28 18 518 560 607 503 418 394 309 262

OPERATING PROFIT (EBITDA) 1,019 1,365 1859 1571 2,872 552 1520 1033 -6467 7881 5741 5926 3,638 2,173 1,391 21,278

(Less) Depreciation 177 173 180 173 284 304 296 308 842 916 841 850 589 593 652 820

(Add) Other Income 760 824 543 749 541 328 156 500 167 -1 78 290 463 535 838 855

PROFIT BEFORE TAX 1,601 2,016 2222 2147 3,129 576 1380 1225 -7142 6964 4979 5365 3,513 2,116 1,577 21,313

(Add) Exceptional Items - - 0 0 0 - -

(Less) Tax 450 449 411 421 463 110 332 412 101 128 -1 241 363 184 110 46

PROFIT AFTER TAX 1,152 1,566 1811 1726 2,666 466 1048 812 -7242 6836 4980 5124 3,149 1,932 1,467 21,267
 Financial ratios calculated:-

INTELLECT DESIGN ARENA

NUCLEUS SOFTWARE FY18 R SYSTEMS FY18 AURIONPRO FY18 FY18
RATIO

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

-
Operating Margin 11% 14% 18% 14% 20% 4% 10% 7% 403% 47% 35% 48% 15% 8% 5% 69%

-
Net Profit Margin 12% 16% 17% 16% 18% 3% 7% 5% 451% 41% 30% 41% 13% 7% 5% 69%

Total Expense/Revenue% 89% 86% 82% 86% 80% 96% 90% 93% 503% 53% 65% 52% 85% 92% 95% 31%

Operating & Other

Expense/Revenue% 21% 19% 19% 15% 9% 26% 20% 24% 115% 9% 11% 12% 16% 19% 20% 23%

Employee Benefit Expense/Revenue% 68% 67% 63% 71% 71% 70% 70% 69% 426% 41% 43% 42% 67% 72% 74% 7%

Tax/Profit Before Tax% 28% 22% 18% 20% 15% 19% 24% 34% -1% 2% 0% 4% 10% 9% 7% 0%

Other Income/Revenue% 8% 8% 5% 7% 4% 2% 1% 3% 10% 0% 0% 2% 2% 2% 3% 3%

Return on Assets 3% 5% 13% 0 9% 3% 0 6% -53% 0 0 35% 11% 13% 3% 88%

Debtor Turnover Days 306 221 263 0 306 256 265 0 2462 0 303 432 363 277 271 0

Return on Equity 2% 3% 9% 0 7% 3% 0 5% -34% 0 0 34% 11% 13% 2% 55%

Core hopes to enhance your portfolio through market driving resource distribution
combined with a stock picking concentrated on quality and stable returns as
opposed to pursuing the most recent development story.

Bolstered by a worldwide group of experienced examiners, the key concentration

for Nucleus throughout the following couple of years is overseeing speculation
assignment following record low loan fees and request deficiencies universally.
Closer to home, the Australian speculator is confronting the outcome of notable
assets and property blasts that have misshaped various aspects of the Australian
economy.

The circumstance isn't "typical". You require a venture arrangement that adjusts,
from examiners who envision future conditions. There are numerous approaches to
make speculation progress. At Nucleus we look to three fundamental variables:

Ground breaking Asset Allocation

The primary choice to make is whether to put resources into Australian Shares,
International Shares, Bonds or to look for the wellbeing of money.

Numerous money related organizers utilize "key" resource assignment. This is a

confirmation that advantage designation is hard and basically abstains from settling
on a choice by utilizing long haul weights. Which is fine. If its all the same to you
sitting tight for a long time for midpoints to re-stand up for themselves.

At Nucleus, we trust a more dynamic approach is justified. Australia is

experiencing a remarkable period without a financial retreat. The economy is
attempting to change following the biggest ware blast that Australia has seen.
Australian property costs are at record highs. Your portfolio ought to mirror this.

Smoothing the cycles

There are reserves that attempt never to lose cash. The issue is that this includes
some significant downfalls to execution – you surrender a great deal of upside to
shield from the drawback.
At the opposite end of the range, there are reserves that utilization obligation to
supercharge returns. Lamentably, the supercharging works in the two bearings –
misfortunes can be supercharged and in addition picks up. At Nucleus, our
speculation methodology is to "smooth the cycle". We hope to restrict the
drawback without being conservative to the point that we dismiss the upside.

A blend of Quality and Value

With regards to picking stocks, there are by and by heaps of various techniques. At
Nucleus, we hope to mix measures of value and incentive to pick the best stocks.
We hope to purchase amazing stocks at sensible costs and shoddy stocks that aren't
low quality.
 Conclusion

1)Our Net Profit Margin as well as Operating Margin being higher than the industry average indicates
that the company is making more profit on each sale than its competitiors.

2) There is no significant difference between our expense/revenue ratios to the industry average.

3) Our significantly Income/Revenue% is higher than the competition which indicates that we rely more
on significantly income than our competitors.

4) Our Return on Assets ratio is lower than the industry average. This means that the management is not
utilizing its assets efficiently.

5) Our DSO is higher than the industry average. This means that we take longer to collect money from
debtors than the industry.

6) Return on equity being lower than the competition's average indicates that the management is not
utilizing the equity base efficiently and the shareholders are not earning as much from their investment
in the company.