NSE: OFSS · BSE: 532466
ORACLE FIN SERV SOFT LTD.
Sells banking software products and related IT services to financial institutions worldwide, with product licences and related activities generating EBIT of Rs 3,441.8 crore in FY26 (90.5% of segment revenue) and IT solutions and consulting services contributing EBIT of Rs 209 crore (9.5%). The portfolio spans core banking, cash management, loan origination, limits and collateral management, and analytics, with AI/ML and Agentic AI features embedded in these offerings. The company employed 8,975 people as of FY26 and exports 88.4% of revenue to 47 countries, with employee costs being the dominant input at 44.8% of revenue. In Q1 FY27, consolidated revenue rose to Rs 3,125 crore, lifted by a one-time Rs 935.3 crore licence deal with an existing customer. The Board declared two interim dividends totalling Rs 400 per share for FY26. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Product licences and related activities (91%), IT solutions and consulting services (10%). Asset-light banking software products and IT services
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 5,221 | 5,698 | 6,373 | 6,847 | 7,672 |
| EBITDA (ex other income) | 2,499 | 2,471 | 2,783 | 3,076 | 3,477 |
| margin % | 47.9 | 43.4 | 43.7 | 44.9 | 45.3 |
| Owners' profit | 1,889 | 1,806 | 2,219 | 2,380 | 2,639 |
| EPS, as reported (₹) | 219.19 | 209.14 | 256.39 | 274.27 | 303.54 |
| ROE % · ROCE % | 26.6 · 32.8 | 24.2 · 31.6 | 28.2 · 35.2 | 28.5 · 36.9 | 33.7 · 43.2 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | 1,856 | 1,758 | 1,791 | 2,199 | 2,638 |
| Capex | (38) | (38) | (30) | (35) | (52) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,674 | 1,715 | 1,716 | 1,852 | 1,789 | 1,966 | 2,065 | 3,125 |
| Profit before tax | 829 | 770 | 839 | 905 | 797 | 857 | 1,120 | 1,939 |
| Net profit | 578 | 541 | 644 | 642 | 546 | 610 | 842 | 1,416 |
| EPS (₹) | 66.61 | 62.37 | 74.15 | 73.88 | 62.84 | 70.08 | 96.72 | 162.59 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Product licenses and related activities | 6,942 | 90.5 |
| IT solutions and consulting services | 731 | 9.5 |
| Total, before eliminations | 7,672 | 100.0 |
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ORACLE FIN SERV SOFT LTD. ◆ | 86,374 | 25.3 | 11.04 | 22.6 | 33.7 | 43.2 | 9.0 | 62.5 |
| TANLA PLATFORMS LIMITED | 7,716 | 14.4 | 3.10 | 9.2 | 20.5 | 25.0 | 13.5 | 17.6 |
| CAPILLARY TECHNO INDIA L | 4,593 | 108.7 | 4.49 | 35.0 | 5.1 | 4.9 | — | 4.9 |
| C.E. INFO SYSTEMS LIMITED | 4,544 | 33.0 | 5.02 | 19.7 | 14.8 | 21.3 | — | 54.2 |
| TECHNVISION VENTURES LTD. | 2,337 | 10640.6 | 155.78 | 311.9 | 1.4 | 5.5 | 25.5 | (3.0) |
| Mobavenue AI Tech Limited | 2,048 | 16.2 | 22.62 | 42.8 | 32.4 | 30.8 | — | 21.8 |
| RAMCO SYSTEMS LTD. | 1,900 | 45.5 | 5.37 | 12.3 | 11.9 | 11.0 | 2.3 | 16.0 |
| NUCLEUS SOFTWARE EXPORTS | 1,770 | 16.8 | 1.95 | 10.1 | 12.9 | 15.2 | 11.3 | 16.9 |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 25.3 | 18.3 | 22 of 32 | 32% |
| P/B | 11.0 | 1.5 | 36 of 38 | 5% |
| ROCE | 43.2 | 4.8 | 2 of 40 | 97% |
| ROE | 33.7 | 3.5 | 2 of 38 | 97% |
| Debt / Equity | 0.0 | 0.0 | 1 of 38 | 51% |
| EBITDA margin | 62.5 | 17.2 | 6 of 35 | 85% |
| Revenue growth | 68.7 | 9.7 | 6 of 33 | 84% |
| Profit growth | 120.5 | (12.0) | 7 of 41 | 85% |
| Market cap | 86374 | 41 | 1 of 44 | 100% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 26 Oct 2026 · Oracle Financial Services publishes September 2026 quarter and half-year results | compliance | minimal | — | — |
| 23 Oct 2026 · Q2 FY27 revenue up 7%, net income up 29% | compliance | minimal | — | — |
| 23 Oct 2026 · September 2026 quarter: revenue up 7%, net profit up 29%; six-month revenue up 38% | results | high | — | — |
| 22 Oct 2026 · 34,605 shares allotted under OFSS Stock Plan, 2014 | capital market events | low | — | — |
| 17 Oct 2026 · Grant of 60,335 stock units to employees under OFSS Stock Plan 2014 | capital market events | medium | — | — |
| 15 Oct 2026 · Board meeting on Oct 23 to consider Q2 FY27 results | results | low | — | — |
| 14 Oct 2026 · Non-Executive Director Nian Nian Yuan resigns effective Oct 15 | management changes | medium | — | — |
| 14 Oct 2026 · Non-Executive Director Nian Nian Yuan resigns from OFSS board | management changes | medium | — | — |
| 8 Oct 2026 · RTA confirms no demat or remat requests in Q2 FY27 | compliance | minimal | — | — |
| 5 Oct 2026 · OFSS postal ballot clears both director appointments with high shareholder support | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.