Oracle Financial Services Software Ltd
Oracle Financial Services Software Ltd 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 and is based in Mumbai, India. Oracle Financial Services Software Limited is a subsidiary of Oracle Global (Mauritius) Limited. [1]
- Market Cap ₹ 93,305 Cr.
- Current Price ₹ 10,747
- High / Low ₹ 13,220 / 4,823
- Stock P/E 37.4
- Book Value ₹ 814
- Dividend Yield 2.23 %
- ROCE 39.5 %
- ROE 29.0 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.0%
- Company has been maintaining a healthy dividend payout of 96.0%
Cons
- Stock is trading at 13.2 times its book value
- The company has delivered a poor sales growth of 5.15% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Part of BSE Allcap BSE Momentum Index BSE Quality Index Nifty India Digital Index Nifty Midcap 150
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3,474 | 3,741 | 3,905 | 4,131 | 4,427 | 4,527 | 4,959 | 4,861 | 4,984 | 5,221 | 5,698 | 6,373 | 6,881 | |
2,255 | 2,342 | 2,354 | 2,520 | 2,693 | 2,716 | 2,814 | 2,633 | 2,515 | 2,723 | 3,227 | 3,590 | 3,681 | |
Operating Profit | 1,219 | 1,399 | 1,551 | 1,612 | 1,734 | 1,811 | 2,145 | 2,229 | 2,469 | 2,499 | 2,471 | 2,783 | 3,201 |
OPM % | 35% | 37% | 40% | 39% | 39% | 40% | 43% | 46% | 50% | 48% | 43% | 44% | 47% |
460 | 674 | 348 | 189 | 93 | 91 | 176 | 177 | 132 | 134 | 192 | 342 | 329 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 47 | 19 | 12 | 13 | 28 | 36 |
Depreciation | 66 | 72 | 68 | 53 | 70 | 61 | 54 | 106 | 104 | 93 | 81 | 74 | 72 |
Profit before tax | 1,613 | 2,001 | 1,831 | 1,748 | 1,757 | 1,840 | 2,267 | 2,252 | 2,477 | 2,528 | 2,570 | 3,022 | 3,421 |
Tax % | 33% | 32% | 35% | 40% | 33% | 33% | 39% | 35% | 29% | 25% | 30% | 27% | |
1,075 | 1,359 | 1,192 | 1,049 | 1,185 | 1,237 | 1,386 | 1,462 | 1,762 | 1,889 | 1,806 | 2,219 | 2,495 | |
EPS in Rs | 127.89 | 161.55 | 140.91 | 123.61 | 139.28 | 144.82 | 161.57 | 170.26 | 204.72 | 219.00 | 209.05 | 256.07 | 287.85 |
Dividend Payout % | 0% | 0% | 472% | 81% | 122% | 90% | 0% | 106% | 98% | 87% | 108% | 94% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 5% |
3 Years: | 9% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | 10% |
3 Years: | 8% |
TTM: | 36% |
Stock Price CAGR | |
---|---|
10 Years: | 12% |
5 Years: | 30% |
3 Years: | 38% |
1 Year: | 119% |
Return on Equity | |
---|---|
10 Years: | 27% |
5 Years: | 27% |
3 Years: | 27% |
Last Year: | 29% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 42 | 42 | 42 | 42 | 42 | 43 | 43 | 43 | 43 | 43 | 43 | 43 | 43 |
Reserves | 7,364 | 8,735 | 3,402 | 4,632 | 3,222 | 4,665 | 4,894 | 6,527 | 6,806 | 7,057 | 7,416 | 7,816 | 7,020 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 115 | 70 | 83 | 69 | 43 | 31 | |
1,006 | 941 | 2,825 | 1,011 | 2,756 | 1,225 | 1,192 | 1,236 | 1,234 | 1,409 | 1,590 | 1,848 | 2,027 | |
Total Liabilities | 8,413 | 9,718 | 6,269 | 5,685 | 6,020 | 5,933 | 6,128 | 7,920 | 8,153 | 8,592 | 9,119 | 9,749 | 9,120 |
994 | 954 | 911 | 865 | 870 | 837 | 864 | 963 | 884 | 871 | 847 | 805 | 792 | |
CWIP | 13 | 13 | 0 | 5 | 1 | 3 | 0 | 0 | 0 | 4 | 1 | 3 | 5 |
Investments | 1 | 0 | 0 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
7,404 | 8,752 | 5,357 | 4,805 | 5,150 | 5,093 | 5,264 | 6,957 | 7,268 | 7,717 | 8,271 | 8,942 | 8,324 | |
Total Assets | 8,413 | 9,718 | 6,269 | 5,685 | 6,020 | 5,933 | 6,128 | 7,920 | 8,153 | 8,592 | 9,119 | 9,749 | 9,120 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,134 | 673 | 1,060 | 712 | 1,121 | 1,157 | 1,380 | 1,522 | 1,920 | 1,856 | 1,758 | 1,791 | |
-1,160 | -672 | 3,701 | 1,018 | 1,823 | -1,313 | 220 | -1,299 | 34 | -138 | 267 | 1,611 | |
15 | 14 | -4,690 | -1,776 | -931 | -1,630 | -1,250 | -47 | -1,590 | -1,733 | -1,665 | -1,958 | |
Net Cash Flow | -11 | 15 | 72 | -45 | 2,013 | -1,785 | 350 | 175 | 363 | -15 | 360 | 1,443 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 76 | 66 | 56 | 73 | 59 | 81 | 70 | 69 | 59 | 65 | 69 | 76 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 76 | 66 | 56 | 73 | 59 | 81 | 70 | 69 | 59 | 65 | 69 | 76 |
Working Capital Days | 35 | 63 | -151 | 41 | -112 | 41 | 32 | 43 | 38 | 39 | 41 | 49 |
ROCE % | 24% | 25% | 30% | 44% | 46% | 46% | 47% | 40% | 37% | 36% | 35% | 40% |
Documents
Announcements
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Board Meeting Intimation for Financial Results
7 Jan - Board meeting to approve financial results on January 15, 2025.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Jan - No requests for dematerialization/ rematerialization of securities of the Company were received during the quarter ended December 31, 2024.
- Closure of Trading Window 31 Dec
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
18 Dec - Allotment of 7610 equity shares pursuant to OFSS Stock Plan 2014
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Grant Of Options Under OFSS Stock Plan 2014
7 Dec 2024 - Grant of 96 stock options under OFSS Stock Plan 2014.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Business Segments
1) Product Licenses (91% in Q2 FY25 vs 90% in FY22): [1] [2] The company provides IT solutions tailored for the financial services industry, featuring over 1,800 ready-to-deploy business and foundational banking APIs. The product suite includes Oracle FLEXCUBE Universal Banking, Oracle Banking Accounts, Oracle Banking Origination, Enterprise Limits and Collateral Management, Virtual Accounts Management, Oracle Banking Treasury Management, Oracle Banking Payments, etc. [3] The segment revenue grew by 23% between FY22 and FY24, driven by a 30% growth in the license and cloud signings from US $105 million in FY22 to US $137 million in FY24. [4] [5] [6]