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Oracle Financial Services Software Ltd IT - Software
₹ 8,570.00 -94.50 (-1.09%)
  • NSE
  • BSE

Overview

  • BSE Code 532466
  • NSE Symbol OFSS
  • ISIN Demat INE881D01027
  • Book Value (₹) 870.17
  • Face Value (₹) 5.00
  • Market Cap (₹ Cr.) 76,358.81
  • P/E (TTM) 22.79
  • EPS (TTM) 385.54
  • Div Yield (%) 3.01

Performance

Today’s Low 8,542.50
Today’s High 8,699.50

8,570.00
52W Low 7,038.00
52W High 13,220.00

8,570.00
Open 8,699.00
Prev. Close 8,664.50
Volume 67,051.00

Corporate Actions

Oracle Financial Services Software Limited - Copy of Newspaper Publication
Apr 28, 2025

Oracle Financial Services Software Limited has informed the Exchange about copies of Newspaper Publication of financial results for the three month period and year ended March 31, 2025.

Oracle Financial Services Software Limited - Updates
Apr 28, 2025

Oracle Financial Services Software Limited has informed the Exchange regarding 'Communication sent to the Shareholders on Interim Dividend'.

About Oracle Financial Services Software Ltd

Oracle Financial Services Software Ltd is a subsidiary of Oracle Global (Mauritius) Limited. It supplies financial software, custom application development, consulting, IT infrastructure management, and outsourced business processing services to the financial services industry. The company came into existence as in 1989 as Citicorp Information Technology Industries Ltd. In 2000, it was renamed as i-flex Solutions Limited in order to create an independent brand name. In 2002, the company was listed on BSE and NSE after an IPO to the public. In 2005, i-flex made a strategic entry into a strategic alliance with Castek Software Inc., a Toronto-based provider of insurance systems for the global Property & Casualty (P&C) insurance industry. Again, in 2008, the company changed its name to Oracle Financial Services Software Ltd from i-flex Solutions. It Introduced Oracle FLEXCUBE Multi-Channel Solution on Direct and Mobile Channels for the Financial Services Industry in 2012. The company launched a series of updates to Oracle CX Marketing within the Oracle Cloud Customer Experience to help make every customer interaction matter in 2020. In 2022, the company was recognised as a leader in the 2022 Gartner Magic Quadrant for Global Retail Core Banking.

Business Segments

The company’s business segments are segregated into products and services:
  • Products:The company offers a wide range of IT solutions to financial institutions of different sizes and scales. The major financial products cater to retail banking, and a few of the products are Oracle Banking Platform, Oracle Banking Cash Management, Oracle Banking Liquidity Management, etc.
  • Services:The services business includes Oracle Finergy, a consulting services business, and Oracle Financial Services BPO Services, which offers cost-effective and high-quality BPO services.
Subsidiaries  As of March 31, 2023, the company had 11 direct subsidiaries and a few of them are listed below:
  • Oracle Financial Services Software B.V.:The organization is a wholly-owned subsidiary which came into existence as in the Netherlands. The organization’s enterprise includes providing computer programming services.
  • Oracle Financial Services Software Pte Ltd:It is a wholly-owned subsidiary which came into existence as in Singapore. The organization’s enterprise includes providing computer-related services and consulting.

Key Personnel

Makarand S. Padalkar, CEO and MD Makarand S. Padalkar is currently the CEO and MD of Oracle Financial Services Software Ltd. He was appointed to this position in October 2023. Before this, he was the Chief Financial Officer & Director of the company.

Corporate Actions

The company has no history of bonus issues, stock splits and other corporate actions.
Founded: 1989
Chairman: Jane Murphy
Managing Director: Makarand Padalkar
Address: Oracle Park Goregaon (East), Off Western Express Highway, Mumbai, Maharashtra, 400063,