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Oracle Financial Services Software

BSE:532466
Snowflake Description

Flawless balance sheet with proven track record and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
532466
BSE
₹301B
Market Cap
  1. Home
  2. IN
  3. Software
Company description

Oracle Financial Services Software Limited provides information technology (IT) solutions and business processing services to the financial services industry worldwide. The last earnings update was 67 days ago. More info.


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532466 Share Price and Events
7 Day Returns
-2%
BSE:532466
0.9%
IN Software
0.8%
IN Market
1 Year Returns
-16.8%
BSE:532466
-18.4%
IN Software
-0.7%
IN Market
532466 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Oracle Financial Services Software (532466) -2% 4.7% -4.3% -16.8% -1.9% 15.6%
IN Software 0.9% 3.2% -4.8% -18.4% -4.1% 26.8%
IN Market 0.8% 2.8% 5.9% -0.7% 41.2% 72.5%
1 Year Return vs Industry and Market
  • 532466 outperformed the Software industry which returned -18.4% over the past year.
  • 532466 underperformed the Market in India which returned -0.7% over the past year.
Price Volatility
532466
Industry
5yr Volatility vs Market

Value

 Is Oracle Financial Services Software undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Oracle Financial Services Software to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Oracle Financial Services Software.

BSE:532466 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 16.9%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:532466
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.13
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.134 (1 + (1- 35%) (0%))
1.09
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.09 * 8.6%)
16.92%

Discounted Cash Flow Calculation for BSE:532466 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Oracle Financial Services Software is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:532466 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 16.92%)
2019 13,809.50 Analyst x2 11,811.07
2020 14,294.00 Analyst x2 10,456.27
2021 16,051.00 Analyst x2 10,042.37
2022 17,378.18 Est @ 8.27% 9,299.29
2023 18,777.63 Est @ 8.05% 8,594.05
2024 20,261.46 Est @ 7.9% 7,931.20
2025 21,841.13 Est @ 7.8% 7,312.32
2026 23,527.81 Est @ 7.72% 6,737.10
2027 25,332.58 Est @ 7.67% 6,204.15
2028 27,266.60 Est @ 7.63% 5,711.43
Present value of next 10 years cash flows ₹84,099.25
BSE:532466 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹27,266.60 × (1 + 7.55%) ÷ (16.92% – 7.55%)
₹312,971.30
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹312,971.30 ÷ (1 + 16.92%)10
₹65,556.93
BSE:532466 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹84,099.25 + ₹65,556.93
₹149,656.19
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹149,656.19 / 85.78
₹1744.67
BSE:532466 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹1,744.67
Current discount Discount to share price of ₹3,530.00
= -1 x (₹3,530.00 - ₹1,744.67) / ₹1,744.67
-102.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Oracle Financial Services Software is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Oracle Financial Services Software's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Oracle Financial Services Software's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:532466 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹151.58
BSE:532466 Share Price ** BSE (2019-04-22) in INR ₹3530
India Software Industry PE Ratio Median Figure of 48 Publicly-Listed Software Companies 16.08x
India Market PE Ratio Median Figure of 2,738 Publicly-Listed Companies 16.33x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Oracle Financial Services Software.

BSE:532466 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:532466 Share Price ÷ EPS (both in INR)

= 3530 ÷ 151.58

23.29x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Oracle Financial Services Software is overvalued based on earnings compared to the IN Software industry average.
  • Oracle Financial Services Software is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Oracle Financial Services Software's expected growth come at a high price?
Raw Data
BSE:532466 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 23.29x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
India Software Industry PEG Ratio Median Figure of 9 Publicly-Listed Software Companies 0.94x
India Market PEG Ratio Median Figure of 585 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Oracle Financial Services Software, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Oracle Financial Services Software's assets?
Raw Data
BSE:532466 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹538.41
BSE:532466 Share Price * BSE (2019-04-22) in INR ₹3530
India Software Industry PB Ratio Median Figure of 66 Publicly-Listed Software Companies 1.21x
India Market PB Ratio Median Figure of 3,628 Publicly-Listed Companies 1.11x
BSE:532466 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:532466 Share Price ÷ Book Value per Share (both in INR)

= 3530 ÷ 538.41

6.56x

* Primary Listing of Oracle Financial Services Software.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Oracle Financial Services Software is overvalued based on assets compared to the IN Software industry average.
X
Value checks
We assess Oracle Financial Services Software's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Oracle Financial Services Software has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Oracle Financial Services Software expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17.4%
Expected annual growth in earnings per share.
Earnings growth vs Low Risk Savings
Is Oracle Financial Services Software expected to grow at an attractive rate?
  • Oracle Financial Services Software's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Oracle Financial Services Software's earnings growth is positive but not above the India market average.
  • Oracle Financial Services Software's revenue growth is positive but not above the India market average.
Annual Growth Rates Comparison
Raw Data
BSE:532466 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:532466 Future Earnings per Share Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 17.4%
BSE:532466 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 10.3%
India Software Industry Earnings Growth Rate Market Cap Weighted Average 16.5%
India Software Industry Revenue Growth Rate Market Cap Weighted Average 12.1%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:532466 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:532466 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 62,477 16,722 1
2020-03-31 55,888 14,912 2
2019-03-31 51,799 14,564 2
BSE:532466 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 48,191 13,451 12,957
2018-09-30 46,923 14,952 12,794
2018-06-30 46,686 13,714 12,692
2018-03-31 45,275 11,574 12,370
2017-12-31 45,042 11,593 12,293
2017-09-30 45,774 9,833 12,589
2017-06-30 44,532 10,237 12,088
2017-03-31 44,265 11,211 11,854
2016-12-31 44,390 10,892 11,817
2016-09-30 43,312 8,632 11,270
2016-06-30 42,216 8,577 12,316
2016-03-31 41,312 7,123 10,489

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Oracle Financial Services Software's earnings are expected to grow by 17.4% yearly, however this is not considered high growth (20% yearly).
  • Oracle Financial Services Software's revenue is expected to grow by 10.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:532466 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Oracle Financial Services Software Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:532466 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 233.30 233.30 233.30 1.00
2020-03-31 200.60 213.40 185.80 3.00
2019-03-31 171.37 179.20 164.10 3.00
BSE:532466 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 151.58
2018-09-30 149.91
2018-06-30 148.89
2018-03-31 145.22
2017-12-31 144.47
2017-09-30 148.08
2017-06-30 142.42
2017-03-31 139.76
2016-12-31 139.34
2016-09-30 132.79
2016-06-30 145.24
2016-03-31 123.78

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Oracle Financial Services Software is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Oracle Financial Services Software's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Oracle Financial Services Software has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Oracle Financial Services Software performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Oracle Financial Services Software's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Oracle Financial Services Software's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Oracle Financial Services Software's 1-year earnings growth exceeds its 5-year average (5.4% vs -0.6%)
  • Oracle Financial Services Software's earnings growth has not exceeded the IN Software industry average in the past year (5.4% vs 21.7%).
Earnings and Revenue History
Oracle Financial Services Software's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Oracle Financial Services Software Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:532466 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 48,190.55 12,956.84 4,616.60
2018-09-30 46,923.23 12,793.62 4,667.30
2018-06-30 46,685.73 12,692.46 4,631.26
2018-03-31 45,274.72 12,370.41 4,520.97
2017-12-31 45,042.13 12,292.56 4,608.93
2017-09-30 45,773.98 12,588.73 4,415.87
2017-06-30 44,531.56 12,088.10 4,504.01
2017-03-31 44,265.33 11,853.85 4,621.13
2016-12-31 44,389.67 11,816.55 4,555.09
2016-09-30 43,311.84 11,269.89 4,648.69
2016-06-30 42,216.23 12,316.05 3,777.39
2016-03-31 41,312.17 10,488.93 4,239.30
2015-12-31 40,167.33 10,549.89 3,928.16
2015-09-30 39,299.00 10,400.19 3,799.53
2015-06-30 38,802.38 10,782.82 3,669.82
2015-03-31 39,049.05 11,923.20 3,605.99
2014-12-31 38,503.34 12,727.04 4,044.38
2014-09-30 38,943.38 13,458.67 3,964.75
2014-06-30 39,148.99 13,875.70 4,162.39
2014-03-31 37,413.21 13,593.19 4,121.19
2013-12-31 37,275.85 13,299.21 4,043.22
2013-09-30 35,986.45 12,753.74 4,243.86
2013-06-30 34,270.69 10,732.66 4,067.90
2013-03-31 34,739.99 10,751.43 4,294.45
2012-12-31 34,550.53 9,871.97 4,340.02
2012-09-30 34,182.20 10,218.79 4,293.03
2012-06-30 33,809.32 10,731.14 4,357.89

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Oracle Financial Services Software has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Oracle Financial Services Software used its assets more efficiently than the IN Software industry average last year based on Return on Assets.
  • Oracle Financial Services Software has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Oracle Financial Services Software's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Oracle Financial Services Software has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Oracle Financial Services Software's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Oracle Financial Services Software's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Oracle Financial Services Software is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Oracle Financial Services Software's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Oracle Financial Services Software's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Oracle Financial Services Software has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Oracle Financial Services Software Company Filings, last reported 3 months ago.

BSE:532466 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 46,135.35 0.00 30,380.50
2018-09-30 43,323.88 0.00 26,494.22
2018-06-30 51,816.22 0.00 37,181.49
2018-03-31 47,073.93 0.00 25,774.52
2017-12-31 44,028.19 0.00 29,490.27
2017-09-30 40,898.46 0.00 24,423.39
2017-06-30 37,006.86 0.00 24,960.71
2017-03-31 32,645.86 0.00 29,935.22
2016-12-31 47,416.14 0.00 34,993.57
2016-09-30 44,278.02 0.00 28,967.56
2016-06-30 50,593.89 0.00 36,892.93
2016-03-31 46,738.74 0.00 27,854.92
2015-12-31 44,519.20 0.00 25,247.96
2015-09-30 41,418.81 0.00 22,998.06
2015-06-30 37,846.18 0.00 38,913.54
2015-03-31 34,441.31 0.00 35,638.25
2014-12-31 50,417.53 0.00 32,360.48
2014-09-30 47,900.39 0.00 28,394.42
2014-06-30 91,725.08 0.00 71,042.36
2014-03-31 87,769.08 0.00 66,726.07
2013-12-31 84,583.74 0.00 61,679.20
2013-09-30 81,308.08 0.00 59,206.00
2013-06-30 77,704.02 0.00 57,920.32
2013-03-31 74,064.37 0.00 54,720.27
2012-12-31 71,175.81 0.00 51,948.44
2012-09-30 68,452.77 0.00 47,375.88
2012-06-30 66,825.52 0.00 44,466.73
  • Oracle Financial Services Software has no debt.
  • Oracle Financial Services Software has not taken on any debt in the past 5 years.
  • Oracle Financial Services Software has no debt, it does not need to be covered by operating cash flow.
  • Oracle Financial Services Software has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Oracle Financial Services Software's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Oracle Financial Services Software has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Oracle Financial Services Software's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.68%
Current annual income from Oracle Financial Services Software dividends. Estimated to be 4.69% next year.
If you bought ₹2,000 of Oracle Financial Services Software shares you are expected to receive ₹74 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Oracle Financial Services Software's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.5%).
  • Oracle Financial Services Software's dividend is above the markets top 25% of dividend payers in India (1.92%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:532466 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
India Software Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 2.7%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:532466 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 171.80 2.00
2020-03-31 159.45 2.00
2019-03-31 144.65 2.00
BSE:532466 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-07-03 130.000 3.501
2017-03-29 170.000 4.496
2016-08-11 100.000 2.981
2016-05-11 100.000 2.855
2015-05-15 665.000 17.878
2015-02-13 970.000 29.252
2014-09-12 970.000 28.765
2009-04-23 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Oracle Financial Services Software has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Oracle Financial Services Software has only been paying a dividend for 5 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Oracle Financial Services Software's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
X
Income/ dividend checks
We assess Oracle Financial Services Software's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Oracle Financial Services Software afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Oracle Financial Services Software has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Oracle Financial Services Software's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Chet Kamat
COMPENSATION ₹34,230,000
AGE 57
TENURE AS CEO 8.5 years
CEO Bio

Mr. Chaitanya M. Kamat, also known as Chet, has been the Chief Executive Officer and Managing Director of Oracle Financial Services Software Limited since October 25, 2010. Mr. Kamat serves as Managing Director of Indian region at Symphony Technology Group. He served as the Chairman of Teleca AB since March 7, 2008. He serves as Director at Capco NV, Symphony Marketing Solutions, Inc., & Netik Inc. He has been a Executive Non-Independent Director at Oracle Financial Services Software Limited since October 25, 2010. Mr. Kamat served as a Director of Teleca AB since March 2008. Mr. Kamat holds Masters in Computer Science from University of Mumbai and completed PGDM at Indian Institute of Management, Ahmadabad.

CEO Compensation
  • Chet's compensation has been consistent with company performance over the past year.
  • Chet's remuneration is about average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Oracle Financial Services Software management team in years:

11.9
Average Tenure
57
Average Age
  • The average tenure for the Oracle Financial Services Software management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Chet Kamat

TITLE
CEO, MD & Executive Non-Independent Director
COMPENSATION
₹34M
AGE
57
TENURE
8.5 yrs

S. Padalkar

TITLE
CFO and Chief of Staff & Investor Relations
COMPENSATION
₹6M
AGE
59
TENURE
11.9 yrs

Vinay Ketkar

TITLE
Chief Accounting Officer
COMPENSATION
₹4M
AGE
51
TENURE
12 yrs

Dinesh Shetty

TITLE
Vice President of Administration
COMPENSATION
₹5M
AGE
59

Mohamed Yacob

TITLE
Director of Legal & Ofss

Onkarnath Banerjee

TITLE
Compliance Officer & Company Secretary
TENURE
3.8 yrs

Venkatesh Srinivasan

TITLE
Chief of Staff & VP of Corporate Development
COMPENSATION
₹5M
AGE
56
TENURE
12 yrs

Bindu Venkatesh

TITLE
Vice President of Human Resources & Training
TENURE
4.8 yrs

Mahesh Rao

TITLE
Vice President of Business Intelligence Group - PrimeSourcing
COMPENSATION
₹4M
AGE
65

Manmath Kulkarni

TITLE
Senior Vice President
COMPENSATION
₹6M
AGE
52
TENURE
12 yrs
Board of Directors Tenure

Average tenure and age of the Oracle Financial Services Software board of directors in years:

3.8
Average Tenure
55
Average Age
  • The tenure for the Oracle Financial Services Software board of directors is about average.
Board of Directors

Sambasivan Venkatachalam

TITLE
Chairman
COMPENSATION
₹3M
AGE
74
TENURE
6.9 yrs

Chet Kamat

TITLE
CEO, MD & Executive Non-Independent Director
COMPENSATION
₹34M
AGE
57
TENURE
8.5 yrs

Richard Jackson

TITLE
Non-Executive Independent Director
COMPENSATION
₹2M
AGE
62
TENURE
6.3 yrs

Sonny Singh

TITLE
Senior VP & Non-Executive Non-Independent Director
AGE
53
TENURE
5.8 yrs

Sridhar Srinivasan

TITLE
Non Executive Independent Director
COMPENSATION
₹2M
TENURE
3.8 yrs

Maria Smith

TITLE
Non-Executive Non-Independent Director
TENURE
3.8 yrs

Kimberly Woolley

TITLE
Non Executive Non Independent Director
AGE
46
TENURE
2.1 yrs

Yong Kau

TITLE
Non-Executive Non-Independent Director
TENURE
0.4 yrs

Vincent Grelli

TITLE
Non-Executive Non-Independent Director
TENURE
0.4 yrs

Jane Murphy

TITLE
Non-Executive Independent Director
AGE
51
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • Oracle Financial Services Software insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
26. Mar 19 Sell K. Raveendranathan Individual 18. Mar 19 19. Mar 19 -250 ₹3,359.00 ₹-839,750
19. Sep 18 Sell Jamsheed Banaji Individual 17. Sep 18 17. Sep 18 -250 ₹4,494.56 ₹-1,123,639
02. May 18 Sell Jamsheed Banaji Individual 27. Apr 18 27. Apr 18 -150 ₹4,303.56 ₹-645,534
26. Apr 18 Sell Jamsheed Banaji Individual 24. Apr 18 24. Apr 18 -100 ₹4,271.52 ₹-427,152
14. Sep 18 Sell Sanjib Chakraborty Individual 12. Sep 18 12. Sep 18 -600 ₹4,270.04 ₹-2,562,022
08. Oct 18 Sell Karthick Ramanaprasad Individual 01. Oct 18 05. Oct 18 -3,000 ₹4,050.12 ₹-12,121,184
04. Oct 18 Sell C. Kumaresh Individual 17. Sep 18 17. Sep 18 -300 ₹4,300.00 ₹-1,290,000
04. Oct 18 Sell Pratap Barve Individual 28. Sep 18 03. Oct 18 -225 ₹3,995.65 ₹-897,296
04. Oct 18 Sell Vikram Gupta Individual 01. Oct 18 01. Oct 18 -5,000 ₹3,996.21 ₹-19,981,034
01. Oct 18 Sell Madhukar Kapoor Individual 17. Aug 18 17. Aug 18 -50 ₹4,029.76 ₹-201,488
24. Sep 18 Sell Rajesh Varahan Individual 18. Sep 18 18. Sep 18 -500 ₹4,500.00 ₹-2,250,000
21. Sep 18 Sell Sunil Bhambhani Individual 12. Sep 18 12. Sep 18 -181 ₹4,260.00 ₹-771,060
21. Sep 18 Sell Pawan Jajodia Individual 07. Sep 18 17. Sep 18 -800 ₹4,443.59 ₹-3,487,785
21. Sep 18 Sell Sanjay Deshpande Individual 03. Sep 18 17. Sep 18 -588 ₹4,305.79 ₹-2,531,806
21. Sep 18 Sell S. Padalkar Individual 18. Sep 18 19. Sep 18 -5,657 ₹4,441.86 ₹-25,127,590
19. Sep 18 Sell Subramanya Bhat Individual 14. Sep 18 17. Sep 18 -90 ₹4,267.24 ₹-384,052
19. Sep 18 Sell Rajeev Dandekar Individual 31. Jul 18 17. Sep 18 -235 ₹4,468.83 ₹-1,038,115
19. Sep 18 Sell Rajendra Potdar Individual 12. Sep 18 17. Sep 18 -1,000 ₹4,341.80 ₹-4,307,900
14. Sep 18 Sell Subramanya Bhat Individual 12. Sep 18 12. Sep 18 -210 ₹4,245.28 ₹-891,509
14. Sep 18 Sell Pawan Jajodia Individual 11. Sep 18 12. Sep 18 -200 ₹4,242.50 ₹-848,500
14. Sep 18 Sell Chaitanya Kamat Individual 10. Sep 18 11. Sep 18 -397 ₹4,185.00 ₹-1,661,445
14. Sep 18 Sell Vikram Gupta Individual 11. Sep 18 11. Sep 18 -3,284 ₹4,260.00 ₹-13,989,840
12. Sep 18 Sell Tushar Ahire Individual 07. Sep 18 07. Sep 18 -50 ₹4,160.00 ₹-208,000
12. Sep 18 Sell Avadhut Ketkar Individual 10. Sep 18 10. Sep 18 -1,000 ₹4,099.42 ₹-4,099,421
07. Sep 18 Sell Ravi BK Individual 29. Aug 18 29. Aug 18 -308 ₹4,169.17 ₹-1,284,105
04. Sep 18 Sell Abhay Soman Individual 21. Aug 18 28. Aug 18 -390 ₹4,087.64 ₹-1,594,178
04. Sep 18 Sell Chaitanya Kamat Individual 30. Aug 18 31. Aug 18 -31,797 ₹4,178.54 ₹-132,862,190
04. Sep 18 Sell Avadhut Ketkar Individual 03. Sep 18 03. Sep 18 -1,000 ₹4,144.19 ₹-4,144,190
05. Sep 18 Sell Tushar Chitra Individual 04. Sep 18 04. Sep 18 -9,249 ₹3,978.00 ₹-36,792,489
05. Sep 18 Sell Chaitanya Kamat Individual 03. Sep 18 03. Sep 18 -12,245 ₹4,187.28 ₹-51,271,756
31. Aug 18 Sell Pawan Jajodia Individual 30. Aug 18 30. Aug 18 -100 ₹4,172.00 ₹-417,200
31. Aug 18 Sell Vinayak Hampihallikar Individual 28. Aug 18 28. Aug 18 -1,000 ₹4,142.02 ₹-4,142,023
31. Aug 18 Sell Chaitanya Kamat Individual 28. Aug 18 29. Aug 18 -3,688 ₹4,175.00 ₹-15,397,400
31. Aug 18 Sell Avadhut Ketkar Individual 29. Aug 18 29. Aug 18 -1,000 ₹4,125.62 ₹-4,125,623
29. Aug 18 Sell Tushar Ahire Individual 24. Aug 18 24. Aug 18 -62 ₹4,087.33 ₹-253,415
29. Aug 18 Sell Chaitanya Kamat Individual 24. Aug 18 27. Aug 18 -5,311 ₹4,095.04 ₹-21,748,743
24. Aug 18 Sell Arvind Gulhati Individual 21. Aug 18 23. Aug 18 -2,200 ₹4,082.03 ₹-8,980,472
24. Aug 18 Sell Chaitanya Kamat Individual 21. Aug 18 23. Aug 18 -11,645 ₹4,093.20 ₹-47,552,877
21. Aug 18 Sell Arvind Gulhati Individual 17. Aug 18 20. Aug 18 -2,687 ₹4,021.65 ₹-10,806,174
21. Aug 18 Sell Chaitanya Kamat Individual 17. Aug 18 20. Aug 18 -11,769 ₹4,052.60 ₹-47,694,355
21. Aug 18 Sell Vikram Gupta Individual 17. Aug 18 17. Aug 18 -8,565 ₹3,997.83 ₹-34,241,428
02. Aug 18 Sell Vikram Gupta Individual 25. Jul 18 25. Jul 18 -1,497 ₹3,950.00 ₹-5,913,150
09. Jul 18 Sell S. Padalkar Individual 06. Jul 18 06. Jul 18 -3,897 ₹3,822.48 ₹-14,877,090
06. Jul 18 Sell Ramanathan Arunachalam Individual 03. Jul 18 05. Jul 18 -400 ₹4,016.94 ₹-1,583,396
06. Jul 18 Sell Mihir Joshi Individual 02. Jul 18 03. Jul 18 -400 ₹4,041.71 ₹-1,613,021
06. Jul 18 Sell Rajendra Potdar Individual 29. Jun 18 29. Jun 18 -100 ₹4,133.04 ₹-413,304
06. Jul 18 Sell S. Padalkar Individual 05. Jul 18 05. Jul 18 -4,150 ₹3,885.58 ₹-16,125,151
04. Jul 18 Sell S. Padalkar Individual 02. Jul 18 03. Jul 18 -8,703 ₹4,048.89 ₹-35,023,836
29. Jun 18 Sell Sanjay Deshpande Individual 18. Jun 18 18. Jun 18 -100 ₹4,180.00 ₹-418,000
08. Jun 18 Sell Umesh Arora Individual 07. Jun 18 07. Jun 18 -100 ₹3,839.00 ₹-383,900
06. Jun 18 Sell Umesh Arora Individual 01. Jun 18 04. Jun 18 -200 ₹3,846.36 ₹-769,273
30. May 18 Sell Rohit Verma Individual 29. May 18 29. May 18 -250 ₹3,850.99 ₹-962,748
04. May 18 Sell Madhukar Kapoor Individual 27. Apr 18 27. Apr 18 -100 ₹4,314.00 ₹-431,400
30. Apr 18 Sell Subramanya Bhat Individual 27. Apr 18 27. Apr 18 -80 ₹4,264.76 ₹-341,181
30. Apr 18 Sell M. Sundaramurthy Individual 20. Apr 18 27. Apr 18 -331 ₹4,296.57 ₹-1,422,166
30. Apr 18 Sell Prabhakara Shetty Individual 16. Apr 18 27. Apr 18 -304 ₹4,310.32 ₹-1,277,415
30. Apr 18 Buy Prabhakara Shetty Individual 27. Apr 18 27. Apr 18 15 ₹4,309.20 ₹64,638
30. Apr 18 Sell Vijay Krishnan Individual 27. Apr 18 27. Apr 18 -306 ₹4,228.24 ₹-1,293,840
30. Apr 18 Sell Priyanshu Bhatt Individual 20. Apr 18 25. Apr 18 -90 ₹4,311.95 ₹-387,277
30. Apr 18 Sell Ravi BK Individual 24. Apr 18 24. Apr 18 -200 ₹4,309.00 ₹-860,400
24. Apr 18 Sell Subramanya Bhat Individual 20. Apr 18 23. Apr 18 -80 ₹4,324.30 ₹-314,184
24. Apr 18 Sell Dinesh Shetty Individual 24. Apr 18 24. Apr 18 -419 ₹4,295.00 ₹-1,799,605
X
Management checks
We assess Oracle Financial Services Software's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Oracle Financial Services Software has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Why Oracle Financial Services Software Limited (BOM:532466) Is A Star In A Falling Market

Longstanding stocks such as Oracle Financial Services Software Limited has fared well over time in a volatile stock market, which is why it’s my top pick to invest in. … See our latest analysis for Oracle Financial Services Software. … Oracle Financial Services Software Limited provides information technology (IT) solutions and business processing services to the financial services industry worldwide

Simply Wall St -

Value-Adding Stocks To Buy Now

Oracle Financial Services Software Limited (BSE:532466) Oracle Financial Services Software Limited provides information technology (IT) solutions and business processing services to the financial services industry worldwide. … Interested in Oracle Financial Services Software? … BSE:532466 Income Statement Apr 5th 18 NBCC (India) Limited (BSE:534309) NBCC (India) Limited engages in project management consultancy and real estate development businesses in India and internationally.

Simply Wall St -

Company Info

Description

Oracle Financial Services Software Limited provides information technology (IT) solutions and business processing services to the financial services industry worldwide. It operates through three segments: Product Licenses and Related Activities, IT Solutions and Consulting Services, and Business Processing Outsourcing Services. The company offers Oracle Banking Digital Experience, a digital transformation providing digital account and loan origination, digital wallet, and mobile payments; Oracle Banking Platform, a suite of business applications for banks; Oracle FLEXCUBE, a banking product suite for consumer, corporate, investment, private wealth management, consumer lending, asset management, and investor servicing with payments; and Oracle FLEXCUBE Enterprise Limits and Collateral Management that enables centralized collateral management, limits definition, tracking, and exposure measuring, as well as provides Oracle Banking Enterprise Collections; Oracle Banking Enterprise Originations; Oracle Banking Corporate Lending; Oracle Banking Liquidity Management; and Oracle Banking Payments. It also offers Oracle Financial Services Lending and Leasing Cloud, which supports consumer lending operations and life cycle processing; Oracle FLEXCUBE Investor Servicing; and Oracle Financial Services Analytical Applications for enterprise risk, performance management, regulatory compliance, and customer insight. In addition, the company provides PrimeSourcing suite of consulting and application services, including end-to-end consulting partnership, and business and technology solutions. Further, it offers business process outsourcing services, such as back-office work to contact center services for the banking, capital markets, insurance, and asset management domains. The company was incorporated in 1989 and is based in Mumbai, India. Oracle Financial Services Software Limited is a subsidiary of Oracle Global (Mauritius) Limited.

Details
Name: Oracle Financial Services Software Limited
532466
Exchange: BSE
Founded: 1989
₹301,487,967,960
85,779,147
Website: http://www.oracle.com/industries/financial-services/index.html
Address: Oracle Financial Services Software Limited
Oracle Park,
Off Western Express Highway,
Mumbai,
Maharashtra, 400063,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 532466 Equity Shares Mumbai Stock Exchange IN INR 28. Jun 2002
NSEI OFSS Equity Shares National Stock Exchange of India IN INR 28. Jun 2002
Number of employees
Current staff
Staff numbers
8,818
Oracle Financial Services Software employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 12:43
End of day share price update: 2019/04/22 00:00
Last estimates confirmation: 2019/04/08
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.