Oracle Financial Services Software Ltd (NSE: OFSS): The company that is involved belongs to Oracle Financial Services Software.
The company released the quarterly results on Wednesday night. The quarterly result was more than anticipated.
The share rose by Rs 1000 on Thursday. Let us tell you that the company is known for huge dividends. In May 2023, the company had given a dividend of Rs 225.
In comparison to the October-December fiscal year 2022-23, profit in the quarter between October and December of the fiscal year 2023-24 has grown from 69.4 percent to 740.8 crore.
In the year before, the profit was 437.3 crore.
The company’s earnings have grown from 25.9 percent to 1823.6 crore in the same period. In the previous year, the revenue was 1449.2 crore.
Operating income has risen by 45 percent to 840 crore. The previous year it was at 741 crore.
Share Has Seen The Biggest Increase So Far
This is the largest increase in the shares of the company so far. On Thursday, the shares were first on the market in the 10 percent range, followed by 15 percent, then with a 20 percent increase.
Before that, it had seen the stock rising by 15 percent in a single day in 2008. The highest rise of 16 percent was recorded in 2009, and seventeen percent for 2012.
The purchase of shares is handled through DIIs (Domestic Institutional Investors). The shares were 8.57 percent in September.
This has risen to 9.48 percent by the end of December 2023.
About Oracle Financial Services Software Ltd
Oracle Financial Services Software Ltd is an Indian-based company.
It offers financial software, custom-made application development, consultation, IT infrastructure management, as well as outsourced business processing services to the financial services sector.
It also provides computer systems, software systems, as well as consulting services. Oracle Financial Services Software Limited is an affiliate that is part of Oracle Global (Mauritius) Limited.
The company was founded in 1989. It is headquartered in Mumbai, India.
Fundamental Analysis of Oracle Financial Services Software Ltd
| Market Cap | ₹ 54,299 Cr. |
| Current Price | ₹ 6,337.40 |
| 52-wk High | ₹ 6,291.80 |
| 52-wk Low | ₹ 3,012.25 |
| Stock P/E | 29.63 |
| Book Value | ₹ 750 |
| Dividend | 3.57 % |
| ROCE | 35.1 % |
| ROE | 24.8 % |
| Face Value | ₹ 5.00 |
| P/B Value | 8.35 |
| OPM | 43.5 % |
| EPS | ₹ 247 |
| Debt | ₹ 53.8 Cr. |
| Debt to Equity | 0.01 |
Oracle Financial Services Software Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹6500 | ₹6780 |
| 2025 | ₹6800 | ₹7050 |
| 2026 | ₹7390 | ₹7500 |
| 2027 | ₹7600 | ₹8000 |
| 2028 | ₹8200 | ₹8500 |
| 2029 | ₹8600 | ₹8880 |
| 2030 | ₹9000 | ₹9400 |
Oracle Financial Services Software Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 72.99% |
| Mar 2023 | 72.98% |
| June 2023 | 72.90% |
| Sept 2023 | 72.81% |
| Dec 2023 | 72.78% |
| FII Holding | |
| Dec 2022 | 6.75% |
| Mar 2023 | 7.44% |
| June 2023 | 7.79% |
| Sept 2023 | 7.74% |
| Dec 2023 | 6.89% |
| DII Holding | |
| Dec 2022 | 9.17% |
| Mar 2023 | 8.53% |
| June 2023 | 8.46% |
| Sept 2023 | 8.57% |
| Dec 2023 | 9.48% |
| Public Holding | |
| Dec 2022 | 11.09% |
| Mar 2023 | 11.06% |
| June 2023 | 10.84% |
| Sept 2023 | 10.89% |
| Dec 2023 | 10.85% |
Oracle Financial Services Software Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 4,959 Cr |
| 2020 | ₹ 4,861 Cr |
| 2021 | ₹ 4,984 Cr |
| 2022 | ₹ 5,221 Cr |
| 2023 | ₹ 6,201 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 1,386 Cr |
| 2020 | ₹ 1,462 Cr |
| 2021 | ₹ 1,762 Cr |
| 2022 | ₹ 1,889 Cr |
| 2023 | ₹ 2,139 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0 |
| 2020 | 0 |
| 2021 | 0 |
| 2022 | 0 |
| 2023 | 0 |
Last 10 Years’ Profit Growth:
| 10 Years: | 5% |
| 5 Years: | 8% |
| 3 Years: | 7% |
| Current Year: | 18% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 25% |
| 5 Years: | 26% |
| 3 Years: | 26% |
| Last Year: | 25% |
Sales Growth Over 10 Years:
| 10 Years: | 5% |
| 5 Years: | 5% |
| 3 Years: | 5% |
| Current Year: | 13% |
Conclusion
This article is a complete guide about Oracle Financial Services Software Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.
