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Oracle Financial Services Software Ltd

Thu 13/03/2025,15:59:24 | NSE : OFSS

₹ 7328.0031.80 (0.44%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 7370.00

Previous Close

₹ 7296.20

Volume

145595

Mkt Cap ( Rs. Cr)

₹63642.11

High

₹ 7464.05

Low

₹ 7281.40

52 Week High

₹ 13220.00

52 Week Low

₹ 7022.55

Book Value Per Share

₹ 813.26

Dividend Yield

3.27

Face Value

₹ 5.00

What’s Your Call?

Collective community sentiment on Oracle Financial Services Software Ltd

Your Vote -

Buy

88.97%

Hold

9.31%

Sell

1.72%

88.97%

290 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

7328.00

15

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Bid Total

15

Bid Price

Qty

0.00

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Bid Total

0

Option Chain

Analyzes market sentiment, predicts Oracle Financial Services Software Ltd' movement.

Call Price Open interest Strike Price Put Price Open interest

News

Media spotlight triggers stock stock attention, sentiment.

  • Oracle Financial Ser - Copy of Newspaper Publication

    8 Mar 2025, 10:01PM Oracle Financial Services Software Limited has informed the Exchange about Copy of Newspaper Publication
  • Oracle Financial Ser - Notice Of Shareholders Meetings-XBRL

    7 Mar 2025, 3:14PM Oracle Financial Services Software Limited has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot
  • Oracle Financial Ser - Shareholders meeting

    7 Mar 2025, 3:03PM Oracle Financial Services Software Limited has informed the Exchange regarding Notice of Postal Ballot
  • Oracle Financial Ser - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

    7 Mar 2025, 3:01PM Postal ballot notice dated March 3, 2025 along with explanatory statement.
  • Oracle Financial Ser - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    3 Mar 2025, 10:15PM ORACLE FINANCIAL SERVICES SOFTWARE LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/
  • Oracle Financial Ser - Appointment

    3 Mar 2025, 10:13PM Oracle Financial Services Software Limited has informed the Exchange regarding Appointment of Ms. Kavita Venugopal as Non- Executive Independent Dire
  • Oracle Financial Ser - Outcome of Board Meeting

    3 Mar 2025, 10:09PM Oracle Financial Services Software Limited has informed the Exchange regarding Outcome of Board Meeting held on March 03, 2025.
  • Oracle Financial Ser - Alteration Of Capital and Fund Raising-XBRL

    19 Feb 2025, 11:21AM Oracle Financial Services Software Limited has informed the Exchange regarding Allotment of Securities
  • Oracle Financial Ser - Updates

    19 Feb 2025, 11:07AM Oracle Financial Services Software Limited has informed the Exchange regarding 'Allotment of 14,647 equity shares pursuant to OFSS Stock Plan 2014'.
  • Oracle Financial Ser - General Updates

    10 Feb 2025, 11:13AM Oracle Financial Services Software Limited has informed the Exchange about Grant of Options.
  • Oracle Financial Ser - Grant Of Options

    10 Feb 2025, 11:17AM The Nomination and Remuneration Committee of the Board of Directors of the Company has on today i.e. February 10, 2025 granted 170 options to an emplo
  • Oracle Financial Ser - Alteration Of Capital and Fund Raising-XBRL

    22 Jan 2025, 11:05AM Oracle Financial Services Software Limited has informed the Exchange regarding Allotment of Securities
  • Oracle Financial Ser - Updates

    22 Jan 2025, 10:58AM Oracle Financial Services Software Limited has informed the Exchange regarding 'Allotment of 14,040 equity shares pursuant to the OFSS Stock Plan 2014
  • Oracle Financial Ser - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    22 Jan 2025, 10:51AM Allotment of 14,040 equity shares pursuant to OFSS Stock Plan 2014.
  • Oracle Financial Ser - Copy of Newspaper Publication

    17 Jan 2025, 6:10PM Oracle Financial Services Software Limited has informed the Exchange about the copies of Newspaper Publication for the three and nine month period end
  • Oracle Financial Ser - Integrated Filing (Financial)

    15 Jan 2025, 9:00PM Integrated Filing (Financial) for the quarter and nine-month period ended December 31, 2024.
  • Oracle Financial Ser - Integrated Filing- Financial

    15 Jan 2025, 8:54PM Integrated Filing (Financial) for the quarter and nine-month period ended December 31, 2024.
  • Oracle Financial Ser Q3 net profit down 31.14% at Rs 482.10 cr

    15 Jan 2025, 8:50PM The company reported standalone net profit of Rs 482.10 crore for the quarter ended December 31, 2024 as compared to Rs 700.07 crore in the same perio
  • Oracle Financial Ser - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    15 Jan 2025, 8:39PM Please find enclosed the press release on the financial results for quarter and nine-month period ended December 31, 2024.
  • Oracle Financial Ser - Results For The Quarter And Nine-Month Period Ended December 31, 2024

    15 Jan 2025, 8:35PM Please find enclosed herewith the results for the quarter and nine-month period ended December 31, 2024.
  • Oracle Financial Ser - Press Release

    15 Jan 2025, 8:34PM Oracle Financial Services Software Limited has informed the Exchange regarding a press release dated January 15, 2025, titled ""Press release on the f
  • Oracle Financial Ser - Board Meeting Outcome for Outcome Of The Board Meeting Held On January 15, 2025

    15 Jan 2025, 8:29PM Please find enclosed the outcome of the board meeting held on January 15, 2025.
  • Oracle Financial Ser - Outcome of Board Meeting

    15 Jan 2025, 8:26PM Oracle Financial Services Software Limited has informed the Exchange regarding Board meeting held on January 15, 2025.
  • Oracle Financial Ser - Financial Result Updates

    15 Jan 2025, 8:24PM Oracle Financial Services Software Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Oracle Financial Ser has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2024

    9 Jan 2025, 11:59AM As of December 2024, 72.62% is owned by Foreign Promoters and 27.38% by Public. <p align=justify> Institutional holds 17.84% (Insurance Companies 0.69
  • Oracle Financial Ser has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2024

    9 Jan 2025, 11:59AM As of December 2024, 72.62% is owned by Foreign Promoters and 27.38% by Public. <p align=justify> Institutional holds 17.84% (Insurance Companies 0.69
  • Oracle Financial Ser - Board Meeting Intimation

    7 Jan 2025, 5:51PM ORACLE FINANCIAL SERVICES SOFTWARE LIMITED has informed the Exchange about Board Meeting to be held on 15-Jan-2025 to inter-alia consider and approve
  • Oracle Financial Ser - Board Meeting Intimation for Financial Results

    7 Jan 2025, 5:48PM ORACLE FINANCIAL SERVICES SOFTWARE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/01/2025 ,inter al
  • Oracle Financial Ser - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    7 Jan 2025, 5:44PM Oracle Financial Services Software Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Oracle Financial Ser - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    7 Jan 2025, 5:42PM This is to certify that no requests for dematerialization/ rematerialization of securities of the Company were received during the quarter ended Decem
  • Oracle Financial Ser - Trading Window-XBRL

    31 Dec 2024, 11:21AM Oracle Financial Services Software Limited has informed the Exchange about Closure of Trading Window
  • Oracle Financial Ser - Trading Window

    31 Dec 2024, 11:19AM Oracle Financial Services Software Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Tra
  • Oracle Financial Ser - Alteration Of Capital and Fund Raising-XBRL

    18 Dec 2024, 11:08AM Oracle Financial Services Software Limited has informed the Exchange regarding Allotment of Securities
  • Oracle Financial Ser - Updates

    18 Dec 2024, 10:54AM Oracle Financial Services Software Limited has informed the Exchange regarding 'Allotment of 7,610 equity shares pursuant to OFSS Stock Plan 2014'.
  • Oracle Financial Ser - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    18 Dec 2024, 11:00AM Allotment of 7610 equity shares pursuant to OFSS Stock Plan 2014
  • Oracle Financial Services Software

    10 Dec 2024 , 12:28PM Parent Oracle Oracle reported fiscal 2025 Q2 results that fell short of analysts’ estimates and issued a weaker-than-expected forecast. Total quarterly revenues were up 9% y-o-y in both USD and constant currency, to $14.1 billion. Cloud services and license support revenues were up 12% year-over-year, in both USD and constant currency, to $10.8 billion. For the current quarter, Oracle expects revenue growth of 7% to 9%. At the midpoint of that range, revenue would be about $14.3 billion vs consensus estimates of $14.65 billion.
  • Oracle Financial Services Software

    28 Sep 2022 , 10:28AM As per US Securities and Exchange Commission (SEC), Tech major Oracle will pay $23 million to settle charges of violating the Foreign Corrupt Practices Act (FCPA) as Oracle’s India, Turkey and UAE unit used slush funds to bribe officials in return of business between 2016 to 2019. Negative read through for Oracle Financial Services Software Limited.
  • Oracle Financial Services Software

    14 Sep 2021 , 10:16AM Revenue increased by 4% y-o-y to $9.73 billion in the quarter. Oracle’s largest business segment, cloud services and license support, generated $7.37 billion in revenue, up 6% y-o-y, below the consensus estimate of $7.41 billion. The cloud license and on-premises license segment contributed $813 million in revenue, down 8% and lower than the $859.7 million consensus. Oracle’s two new cloud businesses, IaaS and SaaS, are now over 25% of our total revenue with an annual run rate of $10 billion. Oracle reported net income of $2.46 billion, or 86 cents a share, compared with $2.25 billion, or 72 cents a share, in the year-ago period

Key fundamentals

Evaluate the intrinsic value of Oracle Financial Services Software Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 6184.481 6005.418 5802.464 5645.988 5508.301
Liabilities 6184.481 6005.418 5802.464 5645.988 5508.301
Equity 43.336 43.199 43.123 43.031 42.94
Gross Profit 2699.201 2285.716 2191.35 2156.402 1930.61
Net Profit 2027.919 1772.508 1811.209 1639.285 1582.656
Cash From Operating Activities 1643.634 1505.743 1598.11 1544.776 1484.669
NPM(%) 40.35 40.38 46.48 44.97 44.89
Revenue 5025.282 4389.139 3896.133 3645.212 3525.508
Expenses 2326.081 2103.423 1704.783 1488.81 1594.898
ROE(%) 28.71 25.09 25.64 23.2 22.4

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
07 May 2024 240 4800 3.28 7358.8
09 May 2023 225 4500 3.28 3467.25
13 May 2022 190 3800 3.28 3431.25
17 May 2021 200 4000 3.28 3544.8
19 May 2020 180 3600 3.28 2490.4
06 Aug 2018 130 2600 3.28 4117.65
19 Apr 2017 170 3400 3.28 3890.25
30 Aug 2016 100 2000 3.28 3483.9
03 Sep 2015 180 3600 3.28 3495.65
24 Sep 2014 485 9700 3.28 3937.15
03 Aug 2006 5 100 3.28 1297.1
04 Aug 2005 5 100 3.28 604.15
12 Aug 2004 3.5 70 3.28 552.8
24 Jul 2003 2.5 50 3.28 845.35
27 Aug 2002 0 25 3.28 465.2

Peers

Other companies within the same industry or sector that are comparable to Oracle Financial Services Software Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
ROX Hi-Tech Ltd 52.10 -4.93 5.60 16729.95 93.02 0.00
Tata Consultancy Services Ltd 3511.05 0.14 26.05 2652012.00 12688.47 2.08
Accelya Solutions India Ltd 1276.45 -0.18 19.80 10935.45 628.74 5.09
Allied Digital Services Ltd 189.77 -0.92 19.87 40512.78 162.64 0.79

Company Info

2001 - i-flex Solutions has announced that it will implement its FLEXCUBE Universal Banking Solution for TEBA Bank, Midland, South Africa, across all branches This company was incorporated on September, 27, 1989 as Citicorp Information Technology Industries Ltd., or CITIL, under the Companies Act. On March 30,2000, this company renamed themselves i-flex Solutions Limited in order to create an independent brand name and build on the success of FLEXCUBE, their flagship product brand. 2002 -Enters into joint venture with EBZ Online, a software company, through which I-Flex's product, Flexcube, will be made available to cooperative banks -Dotex International, a joint venture company supported by NSE.IT and i-flex Solutions Ltd, signs a memorandum of understanding (MoU) with BgSE Financials Ltd, a subsidiary of the Bangalore Stock Exchange, to give Internet trading service to the members of the exchange -ChryosAS@P Services BV, an Amsterdam-based application services provider ,implements Flexcube@Broker developed by i-flex to provide a trading platform for security brokers to trade on the Euronext -Company selected by NDB Bank, Colombo to provide banking solutions through its Flexcube corporate and retail products -IPO floor price fixed at Rs 530 -Comes out with Initial Public Offering (IPO) with an issue of 3,961,700 equity shares, mops up Rs 220 crore -Makes trading debut on BSE -Aptech teams up with I-Flex Solutions Ltd. to enable its students to train on i-flex's proprietary banking product, FLEXCUBE, which is among the world's top-two largest selling wholesale back - office banking systems -Company's mutual funds servicing solution FLEXCUBE Investor Services (FCIS) goes live at Shinsei Bank, Japan, replacing the existing legacy Japanese system -Bags 2 contracts from Egyptian banks -Company selected by German banking technology services provider, Bank-verlag Koln, to develop a Basel II compliant Internal Rating system -Signs up with Bank du Caire of Egypt for installation of banking product FLEXCUBE -i-flex, IBM jointly win Bharat Overseas Bank project to develop centralised banking solution -North Carolina Department of State Treasurer (NCDST), USA, selects i-flex's flagship solution FLEXCUBE to replace its core banking legacy system -Launches Reveleus, the Business Intelligence & Analytics Division -i-flex and HP announce global alliance for hardware and software solutions to financial institutions -International Monetary Fund (IMF), an international organization of 184 member countries, selects i-flex's flagship product FLEXCUBE to replace its legacy core banking application and operations infrastructure -Interfin Merchant Bank of Zimbabwe Ltd goes live with FLEXCUBE as well as the FLEXCUBE Investor Services and FLEXCUBE Dealer modules at the bank -Becomes the first Indian Software company to be certified according to SAS 70 audit standards -i-flex voted as "Best Newly Listed Company in India" in Asiamoney's Annual best Managed Companies Poll -Opens its first Overseas Software Development Center in Singapore -Hebros bank, amongst the top five banks in Bulgaria, selects i-flex's flagship product FLEXCUBE -Banking and Payments Authority of Kosovo selects i-flex's FLEXCUBE 2003 -Antwerp Diamond Bank, Mumbai goes live on FLEXCUBE -i-flex Solutions - FLEXCUBE Payment Systems Module goes live at United Bank for Africa Plc., one of the leading banks in Nigeria -Bags $200-mn contract from Citigroup -Flexcube powered Client Level Asset Servicing (CLAS) System goes live at UBS Warburg, London -First Banking Corporation of Zimbabwe selects Flexcube -Flagship product FLEXCUBE ranked the world's No.1 selling Universal Banking Solution -IMF Selects Reveleus for Critical Data Management and Business Intelligence Technology -Sets up development centre in New York -Hungarian Bank ( IC Bank Rt. Budapest) selects i-flex solutions to address growing technology needs -FLEXCUBE selected as Core-Banking Solution for Kotak Mahindra Bank -CEO of i-flex's Netherlands Subsidiary, Senthil Kumar, who is based in London, detained by the UK authorities on request from the Dutch authorities -Court releases i-flex's Dutch arm CEO Senthil Kumar on bail -Ranks No 1 pure Web-based cash management solutions provider by Celent Communications, US-based research and advisory firm for financial institutions -Straight Through Processing Inc. chooses to implement FLEXCUBE and to provide it on an Application Services Provider (ASP) model to other banks in the Caribbean region -InvestBank, UAE selects I-flex's flagship product Flexcube -British court dismisses proceedings over Senthil Kumar -Wins a major order from HypoVereinsbank Group (HVB Group), Germany -Baiduri Bank Brunei chooses Flexcube as its new Core Banking System -During the financial year 2002-03, Polaris, i-Flex and Infosys record the fastest topline growth among software companies -ACCBank, Ireland, selects I-Flex Solutions' FLEXCUBE as its banking solution provider -Egyptian American Bank (EAB) selects FLEXCUBE as its core-banking platform -Board approves 1:1 Bonus issue -Time Magazine recognizes CMD of i-flex Solutions (Rajesh Hukku) as one of the Tech leaders who survived the tech crash -Bags order from Juniper Bank, a full service credit card issuer currently managing more than 525,000 accounts -Board of Directors allot 3,73,37,500 Equity shares of face value of Rs 5/- each as fully paid Bonus Shares -Inaugurates FLEXCUBE Support & PrimeSourcing Solutions Centre in London -Dhanlaxmi Bank selects Flexcube for core banking operations - Exhibits at world's premier financial services event Sibos 2003, being held at the Suntec City Exhibition Center in Singapore between October 20-24, 2003. -Flexcube has been selected by the newly launched Asia Fund Services, a joint venture between Singapore's leading fund administrators Bermuda Trust and United Overseas Bank, one of Singapore's Leading banks. -Inaugurated FLEXCUBE Support & PrimeSourcing Solutions Centre in London. -The board approved the acquisition of SuperSolutions Corporation in an all cash deal of $11.5 million. The board of SuperSolutions Corporation has also approved the deal. -Abu Dhabi Commercial Bank signs contract with i-flex Solutions for FLEXCUBE core banking system 2004 -i-flex opens wholly-owned holding company in US, i-flex America, for carrying out all future acquisitions in the USA -i-flex awarded Golden Peacock National Quality Award -i-flex-FLEXCUBE sets a new record for scalability, demonstrates lowest total cost of ownership for large financial institute - I-Flex Solutions ties up with Barbados-based FirstCaribbean International Bank on May 3, 2004, and latter will deploy 'Flexcube', the internet banking and e-finance platform of I-Flex Solutions -i-flex Solutions said that its core banking solution Flexcube had won The Banker `Core Banking Solution of the Year" and "Application of the Year' awards -Chile's second-largest bank, Banco de Chile, has selected software designed by i-flex for its core retail banking system -Nippon Shinko Implements I-flex Solutions's Flexcube -YES Bank and I-flex solutions Ltd has signed Global Strategic Memorandum to collaborate on technology led innovations to enhance quality and efficiency in banking products and delivery processes -i flex - Reveleus signs up North America's Mortgage lending leaders for advanced analytics -i-Flex join hands with PeopleSoft to develop and market an integrated solution for the banking industry 2005 - I-flex Solutions Ltd signs agreement with Ta Chong Bank, Taiwan on April 19, 2005 for implementation of the Company's FLEXCUBEr and Reveleus TM software product suites at Ta Chong Bank. - Enters into strategic alliance with Castek Software Inc., a Toronto based provider of insurance systems for the global Property & Casualty (P&C) insurance industry. -I-flex solutions Ltd and EDB Business Partner ASA have entered into an agreement to jointly offer comprehensive retail banking solutions to financial institutions in the Nordic region 2006 -i-flex Solutions - HSBC signs agreement for FLEXCUBE Investor Services Solution -i-flex Solutions Ltd has informed that Oracle and i-flexr Solutions has announced certification of i-flex applications with Oracler Application Server 10g, a component of Oracle Fusion Middleware. 2007 - i-flex Solutions & Oracle Announce Certification of iflex's FLEXCUBE with Oracler Access Manager. -i-flex Solutions - Equinox announces the Launch of iGPM - a Paperless Global Processing Model for Mortgage Bankers -i-flex Solutions Launches FLEXCUBE Lending Suite 2008 -i-flex Solutions Ltd has informed that the name of the Company has changed from "i-flex solutions Ltd" to "Oracle Financial Services Software Ltd". 2009 - Oracle Financial Services Software Ltd has has appointed Ms. Dorian Daley as an Additional Director of the Company. --Registered Office of the Company has been shifted to Oracle Park, Off. Western Express Highway, Goregaon (East), Mumbai - 400 063, Maharashtra 2010 -Oracle Financial Services Software Ltd has titled "PRASAC MICROFINANCE INSTITUTION, of Cambodia Goes Live on Oracle FLEXCUBE". -Oracle Financial Services Software Ltd has has opened a new local delivery centre in Chile to support Industry-Leading Financial Services Software and Solutions. -"Jibun Bank and United Bank Limited Pakistan Win Prestigious Banking Awards". -"Prominvestbank Selects Oracle FLEXCUBE Universal Banking to Standardize Systems & Support Growth". -"Oracle FLEXCUBE Universal Banking Achieves Industry Leading Results with Oracle Exadata V2 Benchmark". -"Oracle Financial Services Software Introduces Oracle Mantas Energy and Commodity Trading Compliance (ECTC)". 2011 -"Oracle Financial Services Introduces Oracle Revenues Liquidity Risk Management". -"Oracle Introduces Oracle Financial Services Data Warehouse". -"Oracle Introduces Oracle Financial Services Hedge Management and IFRS Valuations". -"Oracle Introduces Oracle Financial Services Enterprise Case Management". 2012 -"China's Ping An Bank Goes Live on Oracle FLEXCUBE Core Banking Solution". -"Oracle Introduces Oracle FLEXCUBE Multi-Channel Solution on Direct and Mobile Channels for the Financial Services Industry". -"Oracle Launches Comprehensive, Ready-to-Deploy Applications for Solvency II Reporting and Analysis". 2013 -Oracle Financial Ser- "Roll-Out of New Core Banking Application across the Middle East Enhances Customer Experience in Conventional, Islamic and Internet banking". -"Oracle FLEXCUBE Core Banking Release 5 Helps Banks to Accelerate Transactions and Deliver New Service and Channel Flexibility that Improves Customer Experience". -"Oracle FLEXCUBE Introduces New Features to Help Banks Enhance Mobile and Payment Capabilities, Streamline Compliance and Achieve Better Business Performance Insight". -Indonesian bank selects Oracle’s FLEXCUBE banking solution Solutions provider to financial services Industry. -Oracle launches FLEXCUBE to enhance mobile banking facilities, that help financial institutions to support regulatory compliance, offer richer and more personalized customer experiences, improve performance and streamline their IT environments. 2014 -"Omans alizz islamic bank Uses Oracle FLEXCUBE to Power One of Omans First Islamic Banks". -Oracle Financial Services declared an interim dividend of Rs. 485/- per equity share of Rs. 5/- each of the Company. -Universities Select Oracle's PeopleSoft Campus Solutions to Enhance the Student Experience. -Oracle FLEXCUBE Reveals Superior Performance for Banks with New Performance Results on Oracle SPARC T5 Servers. 2016 -Oracle Unveils Unmatched Cloud Platform Based on #1 Database and #1 Middleware to Accelerate Move of Enterprise IT to the Cloud -Oracle Unveils Its Next Generation Cloud Strategy: Intelligent Applications -Oracle Announces the Industry's Most Comprehensive Offering for Analytics in the Cloud 2017 -Oracle Retail Suite 16 Introduces New Cloud Services to Maximize Retail Profit and Productivity -Oracle Expands Cloud Services Globally with Three New Regions in North America and EMEA -Oracle Launches Oracle Code Events for Modern Cloud Development -Oracle Launches Cloud Service to Help Organizations Integrate Disparate Data and Drive Real-Time Analytics -Oracle Utilities Launches Smart Grid and IoT Device Management Solution in the Cloud -Oracle Utilities Launches a New Asset Performance Management (APM) Solution in the Cloud -Oracle Introduces Digital Innovation Platform for Open Banking -Oracle Introduces AI-Powered Intelligent Bots to Help Enterprises Engage Customers and Employees 2020 -Oracle has introduced a series of updates to Oracle CX Marketing within the Oracle Cloud Customer Experience to help make every customer interaction matter. -Oracle has been named a Leader in the Gartner 2020 Magic Quadrant for Warehouse Management Systems (WMS). -Oracle has announced the availability of Autonomous JSON Database--a new cloud service built for JSON-centric developers. -Oracle has introduced a series of updates to Oracle CX Service within Oracle Cloud Customer Experience. 2021 -Oracle Analytics is an end-to-end cloud-first platform that delivers visionary augmented data preparation, visualization, dashboards, storytelling, reporting, -Oracle Announces New Compute E4 Platform on 3rd Gen AMD EPYC Processors. -Oracle is excited to announce the addition of 13 more Always Free services to Oracle Cloud Free Tier, enabling developers and operators to learn, kick the tires, and deploy workloads on Oracle Cloud Infrastructure (OCI). -Introducing Oracle Verrazzano Enterprise Container Platform. 2022 -Oracle named a Leader in 2022 Gartnerr Magic Quadrant for Global Retail Core Banking. -Barclays is working with Oracle Financial Services on a large-scale virtual account management project in the UK.

2001 - i-flex Solutions has announced that it will implement its FLEXCUBE Universal Banking Solution for TEBA Bank, Midland, South Africa, across all branches This company was incorporated on September, 27, 1989 as Citicorp Information Technology Industries Ltd., or CITIL, under the Companies Act. On March 30,2000, this company renamed themselves i-flex Solutions Limited in order to create an independent brand name and build on the success of FLEXCUBE, their flagship product brand. 2002 -Enters into joint venture with EBZ Online, a software company, through which I-Flex's product, Flexcube, will be made available to cooperative banks -Dotex International, a joint venture company supported by NSE.IT and i-flex Solutions Ltd, signs a memorandum of understanding (MoU) with BgSE Financials Ltd, a subsidiary of the Bangalore Stock Exchange, to give Internet trading service to the members of the exchange -ChryosAS@P Services BV, an Amsterdam-based application services provider ,implements Flexcube@Broker developed by i-flex to provide a trading platform for security brokers to trade on the Euronext -Company selected by NDB Bank, Colombo to provide banking solutions through its Flexcube corporate and retail products -IPO floor price fixed at Rs 530 -Comes out with Initial Public Offering (IPO) with an issue of 3,961,700 equity shares, mops up Rs 220 crore -Makes trading debut on BSE -Aptech teams up with I-Flex Solutions Ltd. to enable its students to train on i-flex's proprietary banking product, FLEXCUBE, which is among the world's top-two largest selling wholesale back - office banking systems -Company's mutual funds servicing solution FLEXCUBE Investor Services (FCIS) goes live at Shinsei Bank, Japan, replacing the existing legacy Japanese system -Bags 2 contracts from Egyptian banks -Company selected by German banking technology services provider, Bank-verlag Koln, to develop a Basel II compliant Internal Rating system -Signs up with Bank du Caire of Egypt for installation of banking product FLEXCUBE -i-flex, IBM jointly win Bharat Overseas Bank project to develop centralised banking solution -North Carolina Department of State Treasurer (NCDST), USA, selects i-flex's flagship solution FLEXCUBE to replace its core banking legacy system -Launches Reveleus, the Business Intelligence & Analytics Division -i-flex and HP announce global alliance for hardware and software solutions to financial institutions -International Monetary Fund (IMF), an international organization of 184 member countries, selects i-flex's flagship product FLEXCUBE to replace its legacy core banking application and operations infrastructure -Interfin Merchant Bank of Zimbabwe Ltd goes live with FLEXCUBE as well as the FLEXCUBE Investor Services and FLEXCUBE Dealer modules at the bank -Becomes the first Indian Software company to be certified according to SAS 70 audit standards -i-flex voted as "Best Newly Listed Company in India" in Asiamoney's Annual best Managed Companies Poll -Opens its first Overseas Software Development Center in Singapore -Hebros bank, amongst the top five banks in Bulgaria, selects i-flex's flagship product FLEXCUBE -Banking and Payments Authority of Kosovo selects i-flex's FLEXCUBE 2003 -Antwerp Diamond Bank, Mumbai goes live on FLEXCUBE -i-flex Solutions - FLEXCUBE Payment Systems Module goes live at United Bank for Africa Plc., one of the leading banks in Nigeria -Bags $200-mn contract from Citigroup -Flexcube powered Client Level Asset Servicing (CLAS) System goes live at UBS Warburg, London -First Banking Corporation of Zimbabwe selects Flexcube -Flagship product FLEXCUBE ranked the world's No.1 selling Universal Banking Solution -IMF Selects Reveleus for Critical Data Management and Business Intelligence Technology -Sets up development centre in New York -Hungarian Bank ( IC Bank Rt. Budapest) selects i-flex solutions to address growing technology needs -FLEXCUBE selected as Core-Banking Solution for Kotak Mahindra Bank -CEO of i-flex's Netherlands Subsidiary, Senthil Kumar, who is based in London, detained by the UK authorities on request from the Dutch authorities -Court releases i-flex's Dutch arm CEO Senthil Kumar on bail -Ranks No 1 pure Web-based cash management solutions provider by Celent Communications, US-based research and advisory firm for financial institutions -Straight Through Processing Inc. chooses to implement FLEXCUBE and to provide it on an Application Services Provider (ASP) model to other banks in the Caribbean region -InvestBank, UAE selects I-flex's flagship product Flexcube -British court dismisses proceedings over Senthil Kumar -Wins a major order from HypoVereinsbank Group (HVB Group), Germany -Baiduri Bank Brunei chooses Flexcube as its new Core Banking System -During the financial year 2002-03, Polaris, i-Flex and Infosys record the fastest topline growth among software companies -ACCBank, Ireland, selects I-Flex Solutions' FLEXCUBE as its banking solution provider -Egyptian American Bank (EAB) selects FLEXCUBE as its core-banking platform -Board approves 1:1 Bonus issue -Time Magazine recognizes CMD of i-flex Solutions (Rajesh Hukku) as one of the Tech leaders who survived the tech crash -Bags order from Juniper Bank, a full service credit card issuer currently managing more than 525,000 accounts -Board of Directors allot 3,73,37,500 Equity shares of face value of Rs 5/- each as fully paid Bonus Shares -Inaugurates FLEXCUBE Support & PrimeSourcing Solutions Centre in London -Dhanlaxmi Bank selects Flexcube for core banking operations - Exhibits at world's premier financial services event Sibos 2003, being held at the Suntec City Exhibition Center in Singapore between October 20-24, 2003. -Flexcube has been selected by the newly launched Asia Fund Services, a joint venture between Singapore's leading fund administrators Bermuda Trust and United Overseas Bank, one of Singapore's Leading banks. -Inaugurated FLEXCUBE Support & PrimeSourcing Solutions Centre in London. -The board approved the acquisition of SuperSolutions Corporation in an all cash deal of $11.5 million. The board of SuperSolutions Corporation has also approved the deal. -Abu Dhabi Commercial Bank signs contract with i-flex Solutions for FLEXCUBE core banking system 2004 -i-flex opens wholly-owned holding company in US, i-flex America, for carrying out all future acquisitions in the USA -i-flex awarded Golden Peacock National Quality Award -i-flex-FLEXCUBE sets a new record for scalability, demonstrates lowest total cost of ownership for large financial institute - I-Flex Solutions ties up with Barbados-based FirstCaribbean International Bank on May 3, 2004, and latter will deploy 'Flexcube', the internet banking and e-finance platform of I-Flex Solutions -i-flex Solutions said that its core banking solution Flexcube had won The Banker `Core Banking Solution of the Year" and "Application of the Year' awards -Chile's second-largest bank, Banco de Chile, has selected software designed by i-flex for its core retail banking system -Nippon Shinko Implements I-flex Solutions's Flexcube -YES Bank and I-flex solutions Ltd has signed Global Strategic Memorandum to collaborate on technology led innovations to enhance quality and efficiency in banking products and delivery processes -i flex - Reveleus signs up North America's Mortgage lending leaders for advanced analytics -i-Flex join hands with PeopleSoft to develop and market an integrated solution for the banking industry 2005 - I-flex Solutions Ltd signs agreement with Ta Chong Bank, Taiwan on April 19, 2005 for implementation of the Company's FLEXCUBEr and Reveleus TM software product suites at Ta Chong Bank. - Enters into strategic alliance with Castek Software Inc., a Toronto based provider of insurance systems for the global Property & Casualty (P&C) insurance industry. -I-flex solutions Ltd and EDB Business Partner ASA have entered into an agreement to jointly offer comprehensive retail banking solutions to financial institutions in the Nordic region 2006 -i-flex Solutions - HSBC signs agreement for FLEXCUBE Investor Services Solution -i-flex Solutions Ltd has informed that Oracle and i-flexr Solutions has announced certification of i-flex applications with Oracler Application Server 10g, a component of Oracle Fusion Middleware. 2007 - i-flex Solutions & Oracle Announce Certification of iflex's FLEXCUBE with Oracler Access Manager. -i-flex Solutions - Equinox announces the Launch of iGPM - a Paperless Global Processing Model for Mortgage Bankers -i-flex Solutions Launches FLEXCUBE Lending Suite 2008 -i-flex Solutions Ltd has informed that the name of the Company has changed from "i-flex solutions Ltd" to "Oracle Financial Services Software Ltd". 2009 - Oracle Financial Services Software Ltd has has appointed Ms. Dorian Daley as an Additional Director of the Company. --Registered Office of the Company has been shifted to Oracle Park, Off. Western Express Highway, Goregaon (East), Mumbai - 400 063, Maharashtra 2010 -Oracle Financial Services Software Ltd has titled "PRASAC MICROFINANCE INSTITUTION, of Cambodia Goes Live on Oracle FLEXCUBE". -Oracle Financial Services Software Ltd has has opened a new local delivery centre in Chile to support Industry-Leading Financial Services Software and Solutions. -"Jibun Bank and United Bank Limited Pakistan Win Prestigious Banking Awards". -"Prominvestbank Selects Oracle FLEXCUBE Universal Banking to Standardize Systems & Support Growth". -"Oracle FLEXCUBE Universal Banking Achieves Industry Leading Results with Oracle Exadata V2 Benchmark". -"Oracle Financial Services Software Introduces Oracle Mantas Energy and Commodity Trading Compliance (ECTC)". 2011 -"Oracle Financial Services Introduces Oracle Revenues Liquidity Risk Management". -"Oracle Introduces Oracle Financial Services Data Warehouse". -"Oracle Introduces Oracle Financial Services Hedge Management and IFRS Valuations". -"Oracle Introduces Oracle Financial Services Enterprise Case Management". 2012 -"China's Ping An Bank Goes Live on Oracle FLEXCUBE Core Banking Solution". -"Oracle Introduces Oracle FLEXCUBE Multi-Channel Solution on Direct and Mobile Channels for the Financial Services Industry". -"Oracle Launches Comprehensive, Ready-to-Deploy Applications for Solvency II Reporting and Analysis". 2013 -Oracle Financial Ser- "Roll-Out of New Core Banking Application across the Middle East Enhances Customer Experience in Conventional, Islamic and Internet banking". -"Oracle FLEXCUBE Core Banking Release 5 Helps Banks to Accelerate Transactions and Deliver New Service and Channel Flexibility that Improves Customer Experience". -"Oracle FLEXCUBE Introduces New Features to Help Banks Enhance Mobile and Payment Capabilities, Streamline Compliance and Achieve Better Business Performance Insight". -Indonesian bank selects Oracle’s FLEXCUBE banking solution Solutions provider to financial services Industry. -Oracle launches FLEXCUBE to enhance mobile banking facilities, that help financial institutions to support regulatory compliance, offer richer and more personalized customer experiences, improve performance and streamline their IT environments. 2014 -"Omans alizz islamic bank Uses Oracle FLEXCUBE to Power One of Omans First Islamic Banks". -Oracle Financial Services declared an interim dividend of Rs. 485/- per equity share of Rs. 5/- each of the Company. -Universities Select Oracle's PeopleSoft Campus Solutions to Enhance the Student Experience. -Oracle FLEXCUBE Reveals Superior Performance for Banks with New Performance Results on Oracle SPARC T5 Servers. 2016 -Oracle Unveils Unmatched Cloud Platform Based on #1 Database and #1 Middleware to Accelerate Move of Enterprise IT to the Cloud -Oracle Unveils Its Next Generation Cloud Strategy: Intelligent Applications -Oracle Announces the Industry's Most Comprehensive Offering for Analytics in the Cloud 2017 -Oracle Retail Suite 16 Introduces New Cloud Services to Maximize Retail Profit and Productivity -Oracle Expands Cloud Services Globally with Three New Regions in North America and EMEA -Oracle Launches Oracle Code Events for Modern Cloud Development -Oracle Launches Cloud Service to Help Organizations Integrate Disparate Data and Drive Real-Time Analytics -Oracle Utilities Launches Smart Grid and IoT Device Management Solution in the Cloud -Oracle Utilities Launches a New Asset Performance Management (APM) Solution in the Cloud -Oracle Introduces Digital Innovation Platform for Open Banking -Oracle Introduces AI-Powered Intelligent Bots to Help Enterprises Engage Customers and Employees 2020 -Oracle has introduced a series of updates to Oracle CX Marketing within the Oracle Cloud Customer Experience to help make every customer interaction matter. -Oracle has been named a Leader in the Gartner 2020 Magic Quadrant for Warehouse Management Systems (WMS). -Oracle has announced the availability of Autonomous JSON Database--a new cloud service built for JSON-centric developers. -Oracle has introduced a series of updates to Oracle CX Service within Oracle Cloud Customer Experience. 2021 -Oracle Analytics is an end-to-end cloud-first platform that delivers visionary augmented data preparation, visualization, dashboards, storytelling, reporting, -Oracle Announces New Compute E4 Platform on 3rd Gen AMD EPYC Processors. -Oracle is excited to announce the addition of 13 more Always Free services to Oracle Cloud Free Tier, enabling developers and operators to learn, kick the tires, and deploy workloads on Oracle Cloud Infrastructure (OCI). -Introducing Oracle Verrazzano Enterprise Container Platform. 2022 -Oracle named a Leader in 2022 Gartnerr Magic Quadrant for Global Retail Core Banking. -Barclays is working with Oracle Financial Services on a large-scale virtual account management project in the UK.

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Parent Organisation

Oracle Financial Services Software Ltd.

Founded

27/09/1989

Managing Director

Mr.Makarand Padalkar

NSE Symbol

OFSSEQ

FAQ

The current price of Oracle Financial Services Software Ltd is ₹ 7328.00.

The 52-week high for Oracle Financial Services Software Ltd is ₹ 7464.05 and the 52-week low is ₹ 7281.40.

The market capitalization of Oracle Financial Services Software Ltd is currently ₹ 63642.11. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

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The CEO of Oracle Financial Services Software Ltd is Mr.Makarand Padalkar, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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