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Oracle Financial Services Software Ltd share Price Today

Company details

9,605.00
9,810.45
3,737.25
9,975.00
6M Return 133.07%
1Y Return 150.30%
Mkt Cap.(Cr) 84,782.98
Volume 178,150
Div Yield 2.45%
OI
-
OI Chg %
-
Volume 178,150

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IT Consulting & Software company Oracle Financial Services Software announced Q4FY24 & FY24 results:

FY24 Financial Highlights:

  • Consolidated revenue was Rs 6,373 crore, marking a 12% increase over the previous fiscal year.
  • The year ended with a net income of Rs 2,219 crore, representing a boost of 23% from the last fiscal year.
  • The company declared an interim dividend of Rs 240 per equity share with a face value of Rs 5.
  • Operating margin for the fiscal year 2024 stood at 42%, with a net margin slightly higher at 35%.

Q4FY24 Financial Highlights:

  • For the final quarter, revenue reached Rs 1,642 crore, a YoY increase of 12%.
  • Operating income for the quarter was Rs 703 crore, reflecting a rise of 13% over the same period last year.
  • Net income for the quarter was Rs 560 crore, up by 17% from the previous year.
  • The quarterly operating margin was reported at 43% and the net margin was 34%.
  • Product revenue reached Rs 1,491 crore for the quarter, up by 12% YoY.

Avadhut Ketkar, Chief Financial Officer, Oracle Financial Services Software, said, “For the quarter, our revenue increased by 12% and net income grew by 17% on a YoY basis. We continued to deliver robust financial performance by offering industry-leading products and services to the financial services industry. For the quarter ended March 31, 2024, our operating margin was 43% and net margin was 34%. For the year ended March 31, 2024, we posted an operating margin of 42% and a net margin of 35%.”

Makarand Padalkar, Managing Director and Chief Executive Officer, Oracle Financial Services Software, said, “We are very pleased to report double-digit growth in revenues, operating income, and net income for the fiscal year ended March 31, 2024. This was a result of our winning portfolio of products and services focused on the financial services industry. During the fiscal year 2024, we signed license fees of USD 137.3 million across our entire range of products registering 43.7% growth over license fee signings in fiscal year 2023. The robust growth of our cloud offering pipeline drove the strength of cloud bookings this fiscal year, and we expect to see continued strength in our cloud offering pipeline. With customer preference shifting toward cloud services, our revenue mix is shifting more toward recurring revenue services, including cloud services, and less for transactional revenue, including signed license fees which were USD 19.9 million for the quarter ended March 31, 2024.

We successfully delivered a number of complex and challenging product implementations across various regions, demonstrating the richness and quality of our offerings. Our strong financial performance this fiscal year reflects the continued importance of our product offerings to global financial institutions, supporting them in their innovation and transformation business objectives.”

 

 

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Oracle Financial Services Software Ltd shares SWOT Analysis

Strengths (9)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
  • Company with No Debt

Weakness (0)

Data not found

Opportunity (1)

  • Highest Recovery from 52 Week Low

Threats (1)

  • Promoter decreasing their shareholding

Resistance and support

R1 9,860.0
R2 9,938.0
R3 10,065.5
Pivot

9,732.50

S1 9,654.6
S2 9,527.1
S3 9,449.1
EMA SMA
8,835.2
8,265.3
7,644.3
6,602.8
8,511.6
8,022.3
7,957.9
6,140.8
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SOCIETE GENERALE Block Purchase 2024-04-26 7143.05 63061 BSE
MARSHALL WACE INVESTMENT STRATEGIES - EUREKA FUND Block Sell 2024-04-26 7143.05 63061 BSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-01-19 6888.1 562364 NSE
Name Category Shares
ORACLE GLOBAL MAURITIUS LIMITED PROMOTER 72.75%

FINANCIALS

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Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
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P BV

Oracle Financial Services Software Ltd Stocks COMPARISON

Financials( in Cr) Oracle Financial Services Software Ltd Tata Consultancy Services Ltd Infosys Ltd HCL Technologies Ltd Wipro Ltd
Price 9,782.05 3,816.80 1,527.15 1,440.85 490.55
% Change 0.44 0.16 -0.36 -0.48 0
Mcap Cr 84,782.98 1,380,951.83 633,899.65 390,998.42 256,319.14
Revenue TTM Cr 5,221.46 240,893.00 153,670.00 101,456.00 90,487.60
Net Profit TTM Cr 1,888.83 46,099.00 26,248.00 14,845.00 11,366.50
PE TTM 38.23 29.64 24.37 24.89 23.22
1 Year Return 150.30 17.14 17.53 23.10 27.25
ROCE 34.28 62.85 44.74 27.62 17.11
ROE 27.08 51.04 37.12 23.32 15.89
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 7,099.69 Cr FV: 5.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 34,603.75 11,365.18
LAST 3M 103,254.09 -13,985.70
LAST 6M 182,650.74 -3,739.19
LAST 12M 295,819.56 101,589.49

Oracle Financial Services Software Ltd Information

Stock PE (TTM)
38.23
Promoter Holding
72.75%
Book Value
906.3199
ROCE
34.28%
ROE
27.08%
Description
  • Oracle Financial Services Software Limited (OFSS) is a subsidiary of Oracle Corporation (based in the United States). OFSS’s main focus areas are developing and marketing software solutions for enterprise clients in the banking sector. The company has a presence in more than 145 countries with more than 1,000 employees. The company was founded in 1990 and has its headquarters in Mumbai.

    On 5 January 2023, the market capitalisation of the company was Rs 25,881.11 crore. It reported consolidated sales of Rs 1,001.99 crore at the end of September 2022. The company is listed on the Bombay Stock Exchange with the code 532466 and the National Stock Exchange with the code OFSS.

    The promoters of Narayana Health currently hold approximately 73% of the company. There is no foreign institutional investors’ investment in the company. Various domestic mutual funds hold around 5.03% of the company. The total public stake in the company is approximately 21.16%. The stake of the public has grown steadily over the past year (Since September 2021).

    S Venkatachalam is the chairman of the company and a whole-time director, and Chaitanya Kamat is the CEO and managing director. Makarand Padalkar, Harinderjit Singh, Kimberly Woolley, Richard Jackson, and Sridhar Srinivasan are the other directors of the company. Mukund M Chitale & Co. are the auditors of OFSS. As of September 2022, the company had around 8.64 crore shares outstanding.

    On 5 January 2023, Oracle Financial Services Software’s share price on NSE was Rs 2,995.50 and Rs 2,996.80 on BSE. The share price touched a 52-week high of Rs 4,232.55 and a 52-week low of Rs 2,883.80. Its three-month return to investors was 0.01%, while its one-year return was -26.04%. The company’s total operating income fell 10% quarter-on-quarter during the fourth quarter of FY23.

    As of November 2022, HDFC Mid-Cap Opportunities Direct Plan Growth has invested Rs 365.68 crore in the company. Other prominent mutual funds with investments in OFSS include Parag Parikh Flexi Cap Direct-G, with an investment of Rs 129.81 crore, and Tata Equity PE Direct-G, with an investment of Rs 82.05 crore in the company.

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

Oracle Park Goregaon (East), Off Western Express Highway, Mumbai, Maharashtra, 400063

Tel : 91-22-67183000
Email : investors-vp-ofss_in:oracle.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 5
Market Lot Equity Shares : 1
BSE Code : 532466
NSE Code : OFSS
Book Closure Date (Month) : Jul
BSE Group : A
ISIN : INE881D01027

FAQ’s on Oracle Financial Services Software Ltd Shares

You can buy Oracle Financial Services Software Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Oracle Financial Services Software Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 24, 2024 03:57 PM the closing price of Oracle Financial Services Software Ltd was Rs.9,782.05.

The latest PE ratio of Oracle Financial Services Software Ltd as of Jun 24, 2024 03:57 PM is 38.23

The latest PB ratio of Oracle Financial Services Software Ltd as of Jun 24, 2024 03:57 PM is 0.09

The 52-week high of Oracle Financial Services Software Ltd share price is Rs. 9,975.00 while the 52-week low is Rs. 3,737.25

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 24, 2024 03:57 PM, the market cap of Oracle Financial Services Software Ltd stood at Rs. 84,782.98 Cr.

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