Oracle Financial Services Software Limited (OFSS) is a key subsidiary of Oracle Corporation, specializing in IT solutions tailored for the financial services industry. Founded in 1990 as i-flex Solutions, the company has evolved into a major player in financial technology, with its headquarters in Mumbai, India. Led by Chairperson Sridhar Srinivasan and CEO and MD Makarand Padalkar, OFSS generated a revenue of ₹6,373 crore (approximately $760 million) and a net income of ₹2,219 crore (approximately $270 million) in 2024. The company’s 8,754 employees contribute to its global operations and success.
OFSS provides a broad range of products and services, including retail and corporate banking, investment banking, funds management, cash management, and private wealth management. The company also offers trade and treasury services, payments and lending solutions, asset management, and business analytics. Among its notable offerings is Flexcube, a flagship product recognized for supporting various banking operations such as universal banking, private banking, and internet and mobile banking, making OFSS a trusted partner in the financial services sector.
Latest News on Oracle Financial Services Software
Oracle Financial Services Software Ltd. (OFSS) recently took a significant step in its talent retention strategy by allotting 18,552 equity shares under the OFSS Stock Plan 2014. This move demonstrates the company’s commitment to rewarding and retaining key talent, ensuring that employees are incentivized to contribute to its ongoing growth and success.
In another development, OFSS has been included in the MSCI indices, a milestone expected to attract substantial passive fund inflows. This inclusion underscores OFSS’s growing prominence in the global financial market, reflecting its strong performance and increasing recognition within the industry.
Shareholding Patterns of Oracle Financial Services Software
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
| Promoters + | 72.90% | 72.81% | 72.78% | 72.75% | 72.71% |
| FIIs + | 7.79% | 7.74% | 6.89% | 6.13% | 5.10% |
| DIIs + | 8.46% | 8.57% | 9.48% | 10.26% | 11.49% |
| Government + | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% |
| Public + | 10.84% | 10.89% | 10.85% | 10.85% | 10.69% |
| No. of Shareholders | 1,07,100 | 1,01,790 | 99,707 | 1,10,913 | 1,13,108 |
The shareholding pattern of the company from June 2023 to June 2024 reveals a gradual shift in ownership dynamics among different stakeholders. Promoters have consistently held a majority stake, with their share slightly decreasing from 72.90% in June 2023 to 72.71% in June 2024. This marginal decline indicates a small divestment over the year. Foreign Institutional Investors (FIIs) also reduced their holdings significantly, from 7.79% in June 2023 to 5.10% in June 2024, reflecting a cautious approach or strategic reallocation of assets. On the other hand, Domestic Institutional Investors (DIIs) showed an increasing trend, raising their stake from 8.46% in June 2023 to 11.49% in June 2024, suggesting growing confidence in the company’s prospects among domestic entities. The government maintained a minimal shareholding, slightly increasing from 0.00% to 0.01% over the same period. Public shareholding remained relatively stable, fluctuating modestly from 10.84% in June 2023 to 10.69% in June 2024. Additionally, the number of shareholders witnessed an increase, rising from 1,07,100 in June 2023 to 1,13,108 by June 2024, indicating a growing interest in the company’s stock.
How to Purchase Oracle Financial Services Software Shares in India?
Below are the trading platforms that you can use to purchase Oracle Financial Services Software shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Oracle Financial Services Software Share Price Prediction: 2024 – 2030
Oracle Financial Services Software Share Price Target 2024
| When | Maximum Price | Minimum Price |
| September 2024 | 11,099.15 | 9,651.44 |
| October 2024 | 10,989.26 | 9,555.88 |
| November 2024 | 11,428.83 | 9,938.11 |
| December 2024 | 11,543.12 | 10,037.50 |
In September 2024, the maximum price for Oracle Financial Services Software shares is expected to reach ₹11,099.15, while the minimum price is anticipated to be ₹9,651.44. Moving forward to December 2024, the share price is projected to peak at ₹11,543.12 and dip to a minimum of ₹10,037.50.
Oracle Financial Services Software Share Price Target 2025
| When | Maximum Price | Minimum Price |
| January 2025 | 11,658.55 | 8,968.12 |
| February 2025 | 11,776.31 | 9,058.70 |
| March 2025 | 12,023.62 | 9,248.94 |
| April 2025 | 11,904.57 | 9,157.36 |
| May 2025 | 11,557.84 | 8,890.64 |
| June 2025 | 12,077.94 | 9,290.72 |
| July 2025 | 11,841.12 | 9,108.55 |
| August 2025 | 12,207.34 | 9,390.26 |
| September 2025 | 12,353.82 | 9,502.94 |
| October 2025 | 12,675.02 | 9,750.02 |
| November 2025 | 12,991.90 | 9,993.77 |
| December 2025 | 13,576.54 | 10,443.49 |
As we step into January 2025, the maximum price for Oracle Financial Services Software shares is projected to be ₹11,658.55, with a minimum price of ₹8,968.12. By December 2025, the share price is expected to reach a maximum of ₹13,576.54 and a minimum of ₹10,443.49.
Oracle Financial Services Software Share Price Target 2026
| When | Maximum Price | Minimum Price |
| January 2026 | 13,983.83 | 10,756.79 |
| February 2026 | 13,634.24 | 10,487.87 |
| March 2026 | 13,906.92 | 10,697.63 |
| April 2026 | 14,190.73 | 10,915.95 |
| May 2026 | 14,050.23 | 10,807.87 |
| June 2026 | 14,401.49 | 11,078.07 |
| July 2026 | 14,119.11 | 10,860.85 |
| August 2026 | 14,555.78 | 11,196.75 |
| September 2026 | 14,846.90 | 11,420.69 |
| October 2026 | 15,232.91 | 11,717.63 |
| November 2026 | 15,613.74 | 12,010.57 |
| December 2026 | 16,004.08 | 12,310.83 |
Oracle Financial Services Software Share Price Target 2027
| When | Maximum Price | Minimum Price |
| January 2027 | 16,164.12 | 12,433.94 |
| February 2027 | 16,578.59 | 12,752.76 |
| March 2027 | 17,225.15 | 13,250.12 |
| April 2027 | 16,887.40 | 12,990.31 |
| May 2027 | 16,395.54 | 12,611.95 |
| June 2027 | 17,133.34 | 13,179.49 |
| July 2027 | 16,797.39 | 12,921.07 |
| August 2027 | 17,316.90 | 13,320.69 |
| September 2027 | 17,922.99 | 13,786.91 |
| October 2027 | 18,388.98 | 14,145.37 |
| November 2027 | 18,848.71 | 14,499.01 |
| December 2027 | 19,319.93 | 14,861.48 |
Oracle Financial Services Software Share Price Target 2028
| When | Maximum Price | Minimum Price |
| January 2028 | 19,706.33 | 15,158.71 |
| February 2028 | 20,211.62 | 15,547.40 |
| March 2028 | 20,999.87 | 16,153.75 |
| April 2028 | 20,588.11 | 15,837.00 |
| May 2028 | 19,988.45 | 15,375.73 |
| June 2028 | 20,887.93 | 16,067.64 |
| July 2028 | 20,478.37 | 15,752.59 |
| August 2028 | 21,111.72 | 16,239.78 |
| September 2028 | 21,850.63 | 16,808.18 |
| October 2028 | 22,418.74 | 17,245.19 |
| November 2028 | 22,979.21 | 17,676.32 |
| December 2028 | 23,553.69 | 18,118.23 |
Oracle Financial Services Software Share Price Target 2029
| When | Maximum Price | Minimum Price |
| January 2029 | 24,024.77 | 18,480.59 |
| February 2029 | 24,640.79 | 18,954.45 |
| March 2029 | 25,601.78 | 19,693.67 |
| April 2029 | 25,099.78 | 19,307.52 |
| May 2029 | 24,368.72 | 18,745.17 |
| June 2029 | 25,465.31 | 19,588.70 |
| July 2029 | 24,965.99 | 19,204.61 |
| August 2029 | 25,738.14 | 19,798.57 |
| September 2029 | 26,638.97 | 20,491.52 |
| October 2029 | 27,331.58 | 21,024.30 |
| November 2029 | 28,014.87 | 21,549.90 |
| December 2029 | 28,715.25 | 22,088.65 |
Oracle Financial Services Software Share Price Target 2030
| When | Maximum Price | Minimum Price |
| January 2030 | 29,289.55 | 22,530.42 |
| February 2030 | 30,040.56 | 23,108.13 |
| March 2030 | 31,212.15 | 24,009.34 |
| April 2030 | 30,600.14 | 23,538.57 |
| May 2030 | 29,708.88 | 22,852.98 |
| June 2030 | 31,045.78 | 23,881.37 |
| July 2030 | 30,437.04 | 23,413.10 |
| August 2030 | 31,378.39 | 24,137.22 |
| September 2030 | 32,476.63 | 24,982.02 |
| October 2030 | 33,321.02 | 25,631.56 |
| November 2030 | 34,154.05 | 26,272.35 |
| December 2030 | 35,007.90 | 26,929.15 |
As we approach January 2030, the maximum price for Oracle Financial Services Software shares is anticipated to be ₹29,289.55, with a minimum price of ₹22,530.42. By December 2030, the share price is projected to reach a maximum of ₹35,007.90 and a minimum of ₹26,929.15.
Financial Condition of Oracle Financial Services Software: Last 5 Years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 4,861 | 4,984 | 5,221 | 5,698 | 6,373 | 6,652 |
| Expenses + | 2,633 | 2,515 | 2,723 | 3,227 | 3,590 | 3,644 |
| Operating Profit | 2,229 | 2,469 | 2,499 | 2,471 | 2,783 | 3,008 |
| OPM % | 46% | 50% | 48% | 43% | 44% | 45% |
| Other Income + | 177 | 132 | 134 | 192 | 342 | 290 |
| Interest | 47 | 19 | 12 | 13 | 28 | 36 |
| Depreciation | 106 | 104 | 93 | 81 | 74 | 73 |
| Profit before tax | 2,252 | 2,477 | 2,528 | 2,570 | 3,022 | 3,188 |
| Tax % | 35% | 29% | 25% | 30% | 27% | |
| Net Profit + | 1,462 | 1,762 | 1,889 | 1,806 | 2,219 | 2,335 |
| EPS in Rs | 170.26 | 204.72 | 219 | 209.05 | 256.07 | 269.45 |
| Dividend Payout % | 106% | 98% | 87% | 108% | 94% |
Oracle Financial Services Software Ltd has shown consistent growth in its financial performance from March 2020 to March 2024. Over these five years, the company’s sales increased steadily from ₹4,861 crore in March 2020 to ₹6,373 crore in March 2024, with a trailing twelve months (TTM) figure of ₹6,652 crore. This growth is reflected in the operating profit, which also rose from ₹2,229 crore in March 2020 to ₹2,783 crore in March 2024, with a TTM figure of ₹3,008 crore. The operating profit margin (OPM) remained robust, averaging around 45%, though it slightly fluctuated, with the highest OPM at 50% in March 2021 and a slight dip to 43% in March 2023.
Oracle Financial Services Software Ltd’s profitability also improved, with net profit growing from ₹1,462 crore in March 2020 to ₹2,219 crore in March 2024, and a TTM figure of ₹2,335 crore. The earnings per share (EPS) increased from ₹170.26 in March 2020 to ₹256.07 in March 2024, reflecting the company’s ability to deliver value to its shareholders. Despite the variations in the dividend payout percentage, which ranged from 87% to 108%, Oracle Financial Services Software Ltd maintained a strong commitment to returning profits to its investors. The company’s prudent management of expenses, combined with its growing other income, solidifies its financial stability and continued growth trajectory.
FAQs
What is the share price target for Oracle Financial Services Software in 2024?
Oracle Financial Services Software aims for its share price to range between ₹9,651.44 to ₹11,543.12 by 2024, projecting potential growth and investor expectations.
What is Oracle Financial Services Software’s share price target for 2025?
In 2025, Oracle Financial Services Software anticipates its share price to vary from ₹8,890.64 to ₹13,576.54.
What is Oracle Financial Services Software’s share price target for 2030?
Looking ahead to 2030, Oracle Financial Services Software forecasts its share price to reach anywhere between ₹22,530.42 to ₹35,007.90 underscoring long-term growth prospects.
What is Oracle Financial Services Software’s current Price-to-Earnings (P/E) ratio?
Currently, Oracle Financial Services Software trades at a Price-to-Earnings (P/E) ratio of 40.7, indicating its valuation relative to its earnings and market expectations.
What is the dividend yield of Oracle Financial Services Software?
Oracle Financial Services Software offers a dividend yield of 2.19%, reflecting its commitment to returning value to shareholders alongside its growth strategy.
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Conclusion: Oracle Financial Services Software’s Strategic Growth and Financial Resilience
Oracle Financial Services Software Ltd has demonstrated strong financial performance with consistent revenue growth, increasing from ₹4,861 crore in March 2020 to ₹6,373 crore in March 2024, and a TTM of ₹6,652 crore. The company’s operating profit has similarly improved, with a solid margin around 45%. Net profit and earnings per share (EPS) have also shown significant growth, reflecting effective cost management and value delivery to shareholders. The company’s commitment to returning value is evident from its high dividend payout. With optimistic share price projections and a solid financial foundation, Oracle Financial Services Software Ltd is well-positioned for continued growth and long-term investor returns.
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