Oracle Financial Services Share Price
OFSS
Oracle Financial Services Share Price Chart
About Oracle Financial Services
Oracle Financial Services Financials
Market cap ₹1,06,317 Crs | Open ₹12,260.50 | Close ₹12,246.90 |
Circuit range ₹13,471.55 - ₹11,022.25 | Day range ₹12,057.85 - ₹12,395.75 | Year range ₹4,044.35 - ₹12,849.95 |
Volume 75,811 | Avg. traded ₹12,177.83 | Revenue (12m) ₹6,881 Crs |
Oracle Financial Services Software Limited offers information technology and business processing solutions to the financial service industry. A major owned subsidiary of Oracle Corporation, the company is engaged in product licence and related activities (product) and information technology and consulting (services) business. The product segment deals with banking software products and related activities. The service segment of the company offers services spanning the entire lifecycle of applications used by financial institutions. OFSSL operates in 140 countries, covering 15% of the total world population through its operations.
Business operation
The company was originally incorporated as Citicorp Information Technology Industries Ltd (CITIL) in 1989. It began its first year of operation in 1992 and in three years, achieved recognition for its products. CITIL established the Centre of Excellence in 1996 for business intelligence, offering specialised consulting and software products and services in data warehousing and business intelligence.
i-fl ex solutions b.v., a wholly owned subsidiary of the company was established in Amsterdam, The Netherlands. The company was renamed to i-flex Solutions Limited in 2000. The company's financial software development facilities were established in Pune and Chennai in 2001. Fully owned subsidiaries were set up in the USA and Singapore.
The firm joined hands with EBZ Online, a software company, in 2002 to make its product, Flexcube available to cooperative banks.
The company launched its initial public offering (IPO) in 2002. The same year, it opened its first overseas software development centre in Singapore. In 2004 i-flex opened its wholly owned holding company in the US – i-flex America— to carry out all future acquisitions in the country.
The company and Yes Bank signed a Global Strategic Memorandum to collaborate on technology-led innovations to enhance quality and efficiency in banking products and delivery processes.
In 2005, Oracle Corporation bought Citigroup's 41 percent equity interest in i-flex and floated an open offer to purchase up to an additional 20 percent ownership from existing shareholders.
In 2008, the company was renamed Oracle Financial Services Software Limited. The next year, the company teamed up with Solix Technologies to offer Solix EDMS as embedded functionality in Oracle Flexcube to help automate archive and purge processes by classifying data configuring and executing archiving and data migration routines.
In 2017, Oracle Financial Services acquired a 99.99% stake in Mantas India Private Limited, a step-down subsidiary of the company from Sotas Inc, another step-down subsidiary.
The company’s board of directors approved the restructuring of ownership of its Indian step-down subsidiaries for acquiring a majority stake in Mantas India Private Limited and Oracle (OFSS) BPO Services Limited in 2019.
OFSSL launched Oracle Banking Cloud Services in 2023. The service helps banks renovate and modernise their business capabilities faster and with less risk.
As of January 12, 2024, the company’s market capitalisation is over ₹40,340 crore. Oracle Financial Services share price has gained by over 34% in the last three years.
Financial highlights
– Oracle Financial Services’ total revenue from operation in FY23 stood at ₹5,698.3 crore, recording a dip of 9.13 % from ₹ 5,221.4 crore in the last financial year. – The company reported a net profit of ₹1,806.14 crore in FY23 as against ₹ 1888.82 crore in FY22. – The operating income stood at ₹2,378 crore in FY23 as against ₹2,394 crore in FY22. – Its basic earnings per share (EPS) slipped to ₹209.14 in FY23 from ₹219.19 in the last financial year.
Oracle Financial Services Key indicators
52 week high ₹12,849.95 | 52 week low ₹4,044.35 | P/E ratio 42.81 |
P/B ratio 15.03 | ROE 34.07% | ROCE 43.29% |
Dividend yield 1.96% | Debt/Equity ratio | EPS 233.98 |
Learn more
Sector
Equity returns
Dividend returns
Safety factor
Growth factor
Debt vs Equity
Profit factor
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily
Analyst ratings:
Analyst ratings:
100%
Hold
0%
Sell
0%
This analysis is based on the reviews of 1 experts in the last 7 days
Oracle Financial Services Fundamentals
Oracle Financial Services Financial Ratios
Operating profit margin56.39% | Net profit margin42.39% |
ROE34.07% | ROA30.51% |
ROCE43.29% |
Quick ratio9.37 | Current ratio9.37 |
Interest coverage1249.77 | Asset turnover0.72 |
Debt to Equity0 |
P/E ratio42.81 | P/B ratio15.03 |
EV / EBITDA26.94 | |
Dividend yield1.96% |
Learn more
Revenue statement
All values are in ₹ Crores (Cr)Learn more
Cash flow
All values are in ₹ Crores (Cr)Learn more
Balance sheet
All values are in ₹ Crores (Cr)Total assets
Total liabilities
Learn more
Oracle Financial Services Share Price history
Day | Open | Close | Change % |
---|---|---|---|
Wed, Dec 11 2024 | ₹12,200.00 | ₹12,246.90 | |
Tue, Dec 10 2024 | ₹12,150.00 | ₹12,245.25 | -2.70% |
Mon, Dec 9 2024 | ₹12,640.00 | ₹12,585.00 | |
Fri, Dec 6 2024 | ₹12,440.90 | ₹12,579.50 | |
Thu, Dec 5 2024 | ₹12,460.00 | ₹12,440.90 | |
Wed, Dec 4 2024 | ₹12,565.00 | ₹12,417.60 | -0.86% |
Tue, Dec 3 2024 | ₹12,346.20 | ₹12,524.85 | |
Mon, Dec 2 2024 | ₹11,695.00 | ₹12,266.50 |
Events
Corporate actions
Dividend • ₹240/share
Ex date 07 May 2024
Dividend • ₹225/share
Ex date 09 May 2023
Dividend • ₹190/share
Ex date 13 May 2022
Learn more
Oracle Financial Services Futures & Options
Expiry dates | Current price | Change % |
---|---|---|
OFSS 12500 CE 26 DEC 24 | ₹187.75 | -₹53.80 (-22.27%) |
OFSS 13000 CE 26 DEC 24 | ₹85.20 | -₹27.10 (-24.13%) |
OFSS 12000 PE 26 DEC 24 | ₹242.80 | |
OFSS 12250 PE 26 DEC 24 | ₹368.55 |