Live Oracle Financial Services Software Share Price Chart
O 7620
H 7620
L 7620
VOL 568
Oracle Financial Services Software Performance
Days Range
Oracle Financial Services Software Fundamentals
| ROCE (TTM) | 38.15 |
| P/E Ratio (TTM) | 30.56 |
| P/B Ratio | 10.06 |
| Industry P/E | 28.07 |
| Debt to Equity | 0.01 |
| ROE | 28.25 |
| EPS (TTM) | 246.72 |
| Dividend Yield | 2.97 |
| Book Value | 749.49 |
| Face Value | 5 |
Oracle Financial Services Software Financials
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | |
|---|---|---|---|---|
| Net Sales | 1,470.52 | 1,462.42 | 1,444.48 | 1,823.62 |
| Expenses | 838.35 | 859.42 | 905.38 | 974.05 |
| Profit before tax | 685.77 | 706.75 | 596.2 | 934.15 |
| Operating Profit | 479.3 | 500.98 | 417.45 | 740.81 |
| Net Profit | 479.3 | 500.98 | 417.45 | 740.81 |
| EPS in Rs | 55.48 | 57.94 | 48.25 | 85.53 |
About Oracle Financial Services Software
Oracle Financial Services Software Ltd is a subsidiary of Oracle Global (Mauritius) Limited. It provides financial software, custom application development, consulting, IT infrastructure management, and outsourced business processing services to the financial services industry. The company was incorporated in 1989 as Citicorp Information Technology Industries Ltd. In 2000, it was renamed as i-flex Solutions Limited in order to create an independent brand name. In 2002, the company was listed on BSE and NSE after an IPO to the public.
In 2005, i-flex entered a strategic alliance with Castek Software Inc., a Toronto-based provider of insurance systems for the global Property & Casualty (P&C) insurance industry. Again, in 2008, the company changed its name to Oracle Financial Services Software Ltd from i-flex Solutions. It Introduced Oracle FLEXCUBE Multi-Channel Solution on Direct and Mobile Channels for the Financial Services Industry in 2012.
The company launched a series of updates to Oracle CX Marketing within the Oracle Cloud Customer Experience to help make every customer interaction matter in 2020. In 2022, the company was recognised as a leader in the 2022 Gartner Magic Quadrant for Global Retail Core Banking.
Business Segments
The company’s business segments are segregated into products and services:
- Products: The company provides a wide range of IT solutions to financial institutions of different sizes and scales. The major financial products cater to retail banking, and a few of the products are Oracle Banking Platform, Oracle Banking Cash Management, Oracle Banking Liquidity Management, etc.
- Services: The services business includes Oracle Finergy, a consulting services business, and Oracle Financial Services BPO Services, which provides cost-effective and high-quality BPO services.
Subsidiaries
As of March 31, 2023, the company had 11 direct subsidiaries and a few of them are listed below:
- Oracle Financial Services Software B.V.: The company is a wholly-owned subsidiary which was incorporated in the Netherlands. The company’s business includes providing computer programming services.
- Oracle Financial Services Software Pte Ltd: It is a wholly-owned subsidiary which was incorporated in Singapore. The company’s business includes providing computer-related services and consulting.
Key Personnel
Makarand S. Padalkar, CEO and MD
Makarand S. Padalkar is currently the CEO and MD of Oracle Financial Services Software Ltd. He was appointed to this position in October 2023. Before this, he was the Chief Financial Officer & Director of the company.
Corporate Actions
The company has no history of bonus issues, stock splits and other corporate actions.
Peer Comparison
| Stocks | Market Cap (cr) | Market Price (₹) | 52 Week Low-High (₹) |
|---|---|---|---|
| Tata Elxsi Ltd | ₹46,309.69 |
7389.95 46.70 (-0.63%) |
7380 - 7498.8 |
| Coforge Ltd | ₹31,518.20 |
5217.15 117.10 (2.30%) |
5110.25 - 5244 |
| PB Fintech Ltd | ₹54,218.86 |
1191.65 10.05 (-0.84%) |
1178 - 1214.95 |
| Tata Technologies Ltd | ₹42,666.19 |
1082.45 30.75 (2.92%) |
1053.9 - 1094.7 |
| Persistent Systems Ltd | ₹54,080.79 |
3529.05 20.55 (0.59%) |
3470.75 - 3559.1 |
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Oracle Financial Services Software FAQs
What is the Share price of Oracle Financial Services Software (OFSS)?
Can I buy Oracle Financial Services Software (OFSS) shares?
How do I buy Oracle Financial Services Software (OFSS) from Angel One?
- Direct investment: You can buy Oracle Financial Services Software (OFSS) shares by opening a Demat account with Angel One.
- Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Oracle Financial Services Software (OFSS) shares.
Is Oracle Financial Services Software a Debt free Company?
Yes, Oracle Financial Services Software is a debt free company.
What is the main business of Oracle Financial Services Software?
The main business of Oracle Financial Services Software is to supply financial software, consulting, custom application development, outsourced business processing services, and IT infrastructure management services to the finance sector.
Who are the promoters of Oracle Financial Services Software?
The main promoter of Oracle Financial Services Software is Oracle Global Mauritius Limited with a 73% shareholding as on 30th September 2022.
What are the Subsidiaries that comes under Oracle Financial Services Software?
Some of the subsidiaries that come under Oracle Financial Services Software are Oracle Financial Services Software B.V., Oracle Financial Services Software Pte. Ltd., Oracle Financial Services Software America, Inc., ISP Internet Mauritius Company, Oracle (OFSS) Processing Services Limited, Oracle (OFSS) ASP Private Limited, and Mantas India Private Limited.
