Oracle Financial Services Software Limited (OFSS) is a prominent subsidiary of Oracle Corporation, dedicated to delivering comprehensive IT solutions for the financial services industry. Established in 1990, initially known as i-flex Solutions, the company has grown into a key player in the financial technology sector. Headquartered in Mumbai, India, OFSS operates under the leadership of Chairperson Sridhar Srinivasan and CEO and Managing Director Makarand Padalkar.
As of 2024, OFSS reported a revenue of ₹6,373 crore (approximately $760 million) and a net income of ₹2,219 crore (approximately $270 million). The company employs a skilled workforce of 8,754 professionals, contributing to its robust operations.
OFSS offers an extensive range of products and services tailored to the financial services industry, including retail banking, corporate banking, investment banking, funds management, cash management, trade and treasury services, payments and lending solutions, private wealth management, asset management, and business analytics. Among its diverse offerings, OFSS is renowned for its flagship product, Flexcube, a versatile banking solution that supports universal banking, private banking, and internet and mobile banking operations.
Recent News on Oracle Financial Services Software
Oracle Financial Services Software Ltd. (OFSS) has recently made notable strides in both its employee engagement and market presence. The company announced the allotment of 18,552 equity shares under the OFSS Stock Plan 2014, a strategic initiative aimed at rewarding and retaining its talented workforce. This move reflects OFSS’s commitment to fostering a culture of ownership and loyalty among its employees, ensuring that they remain motivated to drive the company’s growth. In parallel, OFSS has also been included in the prestigious MSCI indices, a significant achievement that is anticipated to draw considerable passive fund inflows. This inclusion not only highlights the company’s robust financial performance but also its rising influence in the global financial services sector. Together, these developments underscore OFSS’s proactive approach to both talent management and market positioning, solidifying its status as a key player in the industry.
| 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 from June 2023 to June 2024 shows notable changes among the company’s key stakeholders. The promoters retained their majority stake, although it slightly decreased from 72.90% in June 2023 to 72.71% in June 2024, reflecting a gradual reduction in their holdings. Foreign Institutional Investors (FIIs) also reduced their stake, dropping from 7.79% to 5.10% over the same period, which could indicate a shift in investment strategy. Conversely, Domestic Institutional Investors (DIIs) increased their ownership, rising from 8.46% in June 2023 to 11.49% in June 2024, suggesting enhanced confidence from domestic investors. The government’s shareholding remained negligible, with a slight increase from 0.00% to 0.01%. Public shareholding was largely stable, with a minor decrease from 10.84% to 10.69%. Additionally, the number of shareholders grew, increasing from 1,07,100 in June 2023 to 1,13,108 in June 2024, indicating a rise in investor interest in the company.
Below are the trading platforms that you can use to purchase Oracle Financial Services Software shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| September 2024 | 11,121.15 | 9,670.57 |
| October 2024 | 11,011.04 | 9,574.82 |
| November 2024 | 11,451.49 | 9,957.81 |
| December 2024 | 11,566.00 | 10,057.39 |
As we approach 2024, Oracle Financial Services Software is expected to experience notable price fluctuations throughout the year. In September 2024, the maximum price is anticipated to reach ₹11,121.15, while the minimum price is likely to be around ₹9,670.57. Moving into October 2024, the maximum price is projected at ₹11,011.04, with the minimum price at ₹9,574.82. In November 2024, Oracle Financial Services Software is expected to see a further increase, with a maximum price of ₹11,451.49 and a minimum price of ₹9,957.81. Finally, as we step into December 2024, the maximum price is forecasted to reach ₹11,566.00, while the minimum price is anticipated to be ₹10,057.39.
| When | Maximum Price | Minimum Price |
| January 2025 | 11,681.66 | 8,985.89 |
| February 2025 | 11,799.66 | 9,076.66 |
| March 2025 | 12,047.45 | 9,267.27 |
| April 2025 | 11,928.17 | 9,175.51 |
| May 2025 | 11,580.75 | 8,908.27 |
| June 2025 | 12,101.88 | 9,309.14 |
| July 2025 | 11,864.59 | 9,126.61 |
| August 2025 | 12,231.53 | 9,408.87 |
| September 2025 | 12,378.31 | 9,521.78 |
| October 2025 | 12,700.15 | 9,769.34 |
| November 2025 | 13,017.65 | 10,013.58 |
| December 2025 | 13,603.45 | 10,464.19 |
In January 2025, Oracle Financial Services Software’s share price is expected to reach a maximum of ₹11,681.66 and a minimum of ₹8,985.89. By December 2025, the maximum price is projected to be ₹13,603.45, with a minimum anticipated at ₹10,464.19.
| When | Maximum Price | Minimum Price |
| January 2026 | 14,011.55 | 10,778.11 |
| February 2026 | 13,661.26 | 10,508.66 |
| March 2026 | 13,934.49 | 10,718.84 |
| April 2026 | 14,218.86 | 10,937.59 |
| May 2026 | 14,078.08 | 10,829.29 |
| June 2026 | 14,430.03 | 11,100.03 |
| July 2026 | 14,147.09 | 10,882.38 |
| August 2026 | 14,584.63 | 11,218.95 |
| September 2026 | 14,876.32 | 11,443.33 |
| October 2026 | 15,263.11 | 11,740.85 |
| November 2026 | 15,644.69 | 12,034.37 |
| December 2026 | 16,035.80 | 12,335.23 |
| When | Maximum Price | Minimum Price |
| January 2027 | 16,196.16 | 12,458.59 |
| February 2027 | 16,611.45 | 12,778.04 |
| March 2027 | 17,259.29 | 13,276.38 |
| April 2027 | 16,920.88 | 13,016.06 |
| May 2027 | 16,428.04 | 12,636.95 |
| June 2027 | 17,167.30 | 13,205.61 |
| July 2027 | 16,830.68 | 12,946.68 |
| August 2027 | 17,351.22 | 13,347.09 |
| September 2027 | 17,958.51 | 13,814.24 |
| October 2027 | 18,425.43 | 14,173.41 |
| November 2027 | 18,886.07 | 14,527.75 |
| December 2027 | 19,358.22 | 14,890.94 |
| When | Maximum Price | Minimum Price |
| January 2028 | 19,745.39 | 15,188.76 |
| February 2028 | 20,251.68 | 15,578.21 |
| March 2028 | 21,041.49 | 16,185.76 |
| April 2028 | 20,628.91 | 15,868.40 |
| May 2028 | 20,028.07 | 15,406.21 |
| June 2028 | 20,929.34 | 16,099.49 |
| July 2028 | 20,518.96 | 15,783.81 |
| August 2028 | 21,153.56 | 16,271.97 |
| September 2028 | 21,893.94 | 16,841.49 |
| October 2028 | 22,463.18 | 17,279.37 |
| November 2028 | 23,024.76 | 17,711.35 |
| December 2028 | 23,600.38 | 18,154.14 |
| When | Maximum Price | Minimum Price |
| January 2029 | 24,072.39 | 18,517.22 |
| February 2029 | 24,689.63 | 18,992.02 |
| March 2029 | 25,652.52 | 19,732.71 |
| April 2029 | 25,149.53 | 19,345.79 |
| May 2029 | 24,417.02 | 18,782.32 |
| June 2029 | 25,515.79 | 19,627.53 |
| July 2029 | 25,015.48 | 19,242.68 |
| August 2029 | 25,789.15 | 19,837.81 |
| September 2029 | 26,691.77 | 20,532.13 |
| October 2029 | 27,385.76 | 21,065.97 |
| November 2029 | 28,070.40 | 21,592.62 |
| December 2029 | 28,772.16 | 22,132.43 |
| When | Maximum Price | Minimum Price |
| January 2030 | 29,347.61 | 22,575.08 |
| February 2030 | 30,100.11 | 23,153.93 |
| March 2030 | 31,274.01 | 24,056.93 |
| April 2030 | 30,660.80 | 23,585.23 |
| May 2030 | 29,767.76 | 22,898.28 |
| June 2030 | 31,107.31 | 23,928.70 |
| July 2030 | 30,497.37 | 23,459.51 |
| August 2030 | 31,440.58 | 24,185.06 |
| September 2030 | 32,541.00 | 25,031.54 |
| October 2030 | 33,387.07 | 25,682.36 |
| November 2030 | 34,221.75 | 26,324.42 |
| December 2030 | 35,077.29 | 26,982.53 |
In January 2030, Oracle Financial Services Software’s share price is anticipated to reach a maximum of ₹29,347.61 and a minimum of ₹22,575.08. By December 2030, the price is expected to peak at ₹35,077.29, with a minimum of ₹26,982.53. Throughout the year, the share price expected demonstrate significant growth, with consistent upward trends and high points anticipated towards the end of the year.
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 demonstrated consistent financial growth and stability over the years from March 2020 to March 2024. The company’s sales have steadily increased from ₹4,861 crore in March 2020 to ₹6,373 crore in March 2024, with the trailing twelve months (TTM) figure reaching ₹6,652 crore, showcasing its expanding market presence. The operating profit also saw an upward trend, rising from ₹2,229 crore in March 2020 to ₹2,783 crore in March 2024, with a TTM figure of ₹3,008 crore. Despite some fluctuations, the operating profit margin (OPM) remained robust, averaging around 45%, indicating strong operational efficiency. Oracle Financial Services Software Ltd also experienced significant growth in profitability, with net profit increasing from ₹1,462 crore in March 2020 to ₹2,219 crore in March 2024, further reinforced by a TTM net profit of ₹2,335 crore. The company’s earnings per share (EPS) reflected this positive trend, growing from ₹170.26 in March 2020 to ₹256.07 in March 2024, underscoring its ability to consistently generate shareholder value. Although the dividend payout percentage varied between 87% and 108% over the years, Oracle Financial Services Software Ltd maintained its commitment to returning profits to its shareholders. The company’s financial success is further highlighted by its effective management of expenses, steady growth in other income, and a prudent approach to interest and depreciation, all contributing to its solid financial foundation and continued growth trajectory.
FAQs
What is Oracle Financial Services Software’s current market cap?
Oracle Financial Services Software is presently valued at a market capitalization of ₹95,154 crore, reflecting its standing in the textile industry.
As of August 27, 2024, Oracle Financial Services Software’s share price stands at ₹10,988, illustrating its current market valuation and investor sentiment.
In 2025, Oracle Financial Services Software anticipates its share price to vary from ₹8,908.27 to ₹13,603.45 driven by its strategic initiatives and market dynamics.
Looking ahead to 2030, Oracle Financial Services Software forecasts its share price to reach anywhere between ₹26,982.53 to ₹35,077.29 by December, underscoring long-term growth prospects.
Also Read
- Kansai Nerolac Paints Ltd Share Price Target 2024, 2025 to 2030
- BHEL Share Price Target 2024, 2025 to 2030
- V-Guard Industries Ltd Share Price Target 2024, 2025 to 2030
Conclusion
Oracle Financial Services Software Limited (OFSS) stands out for its strong financial performance and strategic advancements. The company’s consistent revenue and profit growth, along with robust operating margins, highlight its operational excellence and financial stability. Recent developments, including its employee stock plan and inclusion in MSCI indices, signal both a commitment to internal growth and enhanced market credibility. With positive share price projections for the coming years, OFSS is well-positioned for sustained success and continued influence in the financial technology sector.
What did we learn?
- 1 Recent News on Oracle Financial Services Software
- 2 Shareholding Patterns of Oracle Financial Services Software
- 3 How to Purchase Oracle Financial Services Software Shares in India?
- 4 Oracle Financial Services Software Share Price Prediction: 2024 – 2030
- 4.1 Oracle Financial Services Software Share Price Target 2024
- 4.2 Oracle Financial Services Software Share Price Prediction 2025
- 4.3 Oracle Financial Services Software Share Price Target 2026
- 4.4 Oracle Financial Services Software Share Price Target 2027
- 4.5 Oracle Financial Services Software Share Price Target 2028
- 4.6 Oracle Financial Services Software Share Price Prediction 2029
- 4.7 Oracle Financial Services Software Share Price Target 2030
- 5 Financial Condition of Oracle Financial Services Software: Last 5 Years
- 6 FAQs
- 7 Conclusion
