Financials Oracle Financial Services Software Limited

Equities

OFSS

INE881D01027

Software

Delayed Bombay S.E. 04:28:06 2024-04-29 am EDT 5-day change 1st Jan Change
7,458 INR -0.39% Intraday chart for Oracle Financial Services Software Limited -1.07% +76.95%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 290,568 174,545 275,313 309,758 282,009 648,973 - -
Enterprise Value (EV) 1 290,568 174,545 275,313 309,758 282,009 759,768 648,973 648,973
P/E ratio 21 x 12 x 15.7 x 16.5 x 15.7 x 34.4 x 26.5 x 23.4 x
Yield - - 6.25% 5.29% 6.89% 3.07% 3.47% -
Capitalization / Revenue 5.86 x 3.59 x 5.52 x 5.93 x 4.95 x 11.9 x 9.19 x 8.24 x
EV / Revenue 5.86 x 3.59 x 5.52 x 5.93 x 4.95 x 11.9 x 9.19 x 8.24 x
EV / EBITDA 13,548,833 x 7,254,506 x - - 11,411,004 x - 20,539,723 x 18,112,562 x
EV / FCF 22.3 x 11.9 x 14.4 x 17 x 16.4 x 33.9 x 32.5 x -
FCF Yield 4.48% 8.41% 6.93% 5.87% 6.1% 2.95% 3.07% -
Price to Book 5.9 x 2.66 x - - 3.78 x - 8.06 x 7.72 x
Nbr of stocks (in thousands) 85,779 85,879 86,062 86,246 86,397 86,678 - -
Reference price 2 3,387 2,032 3,199 3,592 3,264 7,487 7,487 7,487
Announcement Date 5/9/19 5/14/20 5/6/21 5/4/22 4/26/23 4/24/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 49,589 48,613 49,839 52,215 56,983 63,730 70,615 78,790
EBITDA 21,446 24,060 - - 24,714 - 31,596 35,830
EBIT 20,909 21,223 - - 23,907 - 30,536 34,899
Operating Margin 42.16% 43.66% - - 41.95% - 43.24% 44.29%
Earnings before Tax (EBT) 22,670 22,523 - - 25,699 - 34,010 38,619
Net income 13,859 14,622 - - 18,061 - 24,487 27,709
Net margin 27.95% 30.08% - - 31.7% - 34.68% 35.17%
EPS 2 161.1 169.7 204.0 218.0 208.2 254.8 282.6 319.8
Free Cash Flow 1 13,029 14,682 19,090 18,186 17,203 19,136 19,953 -
FCF margin 26.27% 30.2% 38.3% 34.83% 30.19% 29.64% 28.26% -
FCF Conversion (EBITDA) 60.75% 61.02% - - 69.61% - 63.15% -
FCF Conversion (Net income) 94.01% 100.41% - - 95.25% - 81.48% -
Dividend per Share 2 - - 200.0 190.0 225.0 230.0 260.0 -
Announcement Date 5/9/19 5/14/20 5/6/21 5/4/22 4/26/23 4/24/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 12,810 12,663 12,768 14,025 13,760 14,705 14,624 14,445 - 16,424 -
EBITDA - - - - - - - - - - -
EBIT 1 6,049 5,610 5,322 6,277 5,452 6,322 6,030 5,391 - 7,166 7,123
Operating Margin 47.22% 44.3% 41.68% 44.76% 39.62% 42.99% 41.23% 37.32% - 43.63% -
Earnings before Tax (EBT) - - - - - - - - - - -
Net income 1 4,476 4,353 4,817 4,918 3,978 4,793 5,010 4,174 7,408 5,601 5,695
Net margin 34.94% 34.38% 37.73% 35.06% 28.91% 32.59% 34.26% 28.9% - 34.1% -
EPS 2 - 50.24 55.62 56.76 46.06 55.24 57.67 48.01 - 64.24 65.70
Dividend per Share - - - - - - - - - - -
Announcement Date 10/27/21 1/19/22 5/4/22 7/20/22 10/19/22 4/26/23 7/26/23 10/18/23 1/17/24 4/24/24 -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 13,029 14,682 19,090 18,186 17,203 19,136 19,953 -
ROE (net income / shareholders' equity) 28.7% 25.4% 26.3% 27.1% 24.8% 24.8% 30.8% 33.7%
ROA (Net income/ Total Assets) - - - - - - - -
Assets - - - - - - - -
Book Value Per Share 574.0 765.0 - - 863.0 - 930.0 969.0
Cash Flow per Share - - - - - - - -
Capex 1 767 536 - 376 381 710 720 810
Capex / Sales 1.55% 1.1% - 0.72% 0.67% 1.1% 1.02% 1.03%
Announcement Date 5/9/19 5/14/20 5/6/21 5/4/22 4/26/23 4/24/24 - -
1INR in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
7,487 INR
Average target price
7,900 INR
Spread / Average Target
+5.51%
Consensus
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