2990.70 -6.25 (-0.21%)
NSESep 18, 2020 03:31 PM
The 3 reports from 2 analysts offering long term price targets for Oracle Financial Services Software Ltd. have an average target of 3500.00. The consensus estimate represents an upside of 17.03% from the last price of 2990.70.
|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2020-07-21||Oracle Financial Ser..||Dolat Capital||3068.60||3500.00||3068.60 (-2.54%)||17.03||Buy|
Dart View: Remain positive with a Buy rating Generous dividend (implies 6% yield), improving profitability (up 150bps in FY20), potential acceleration in digital transformation and compelling valuations at 18x on trailing earnings makes a strong case for re-rating of the stock. Encouraged by the large prospects of Core modernization theme, relative stability in BFS spends and its high FCF yields of 6%, we continue to maintain our Buy rating on the stock with a DCF based TP of Rs...
|2020-05-14||Oracle Financial Ser..||Dolat Capital||2585.05||3100.00||2585.05 (15.69%)||Target met||Buy|
OFSS reported inline operating results for Q4FY20 with a 4% YoY revenue growth at Rs12.6bn against our estimate of Rs12.4bn. EBIT stood at Rs5bn as against our estimate of Rs5.1bn - OPM at 39% It signed new licence worth USD23mn for the quarter; full year wins at US$76mn down 7% on YoY basis. It signed 12 new deals in the quarter (including an OBP deal) and witnessed 13 sites going-live. OPM for Q4 stood at 42.6% down 50bps QoQ higher against our estimate of 41.3%. Product margins improved further to 50.5% (up...
|2020-04-14||Oracle Financial Ser..||LKP Securities||2197.30||2197.30 (36.11%)||Buy|
In this Report we present few Analytical Insights by assessing a long period cycle of cash rich debt free listed entities worthy of investment in an economic downturn accentuated by the Pandemic. We are in the midst of a severe Pandemic which is leading to a crisis of confidence on top of a financial crisis and a long period of lockdown only adds more headwinds where one cannot escape gravity as stocks go on a free fall. Our Analytics over a rather long period of 10 years was aimed primarily to spot beaten down stocks which offer attractive risk-reward from a longer term perspective based on their ability to generate positive operating cashflows over longer time frames. For the purpose of this compilation we have considered audited consolidated financials till FY2018-19. All the companies in the list have either zero or negligible debt and are consistent dividend paying entities....
|2019-08-08||Oracle Financial Ser..||Dolat Capital||3152.55||4220.00||3152.55 (-5.13%)||Buy|
View: Strong licence signings at US$29mn, wins another OBP deal OFSS reported strong Q1FY20 results with a new licence signings of US$29mn in the quarter. It signed 11 new deals in the quarter and included one OBP deal from a leading Australian Bank. The revenues were below our estimate due to weak implementation revenues in the quarter (down 10% on YoY basis) but is expected to pick up given strong 14% growth on TTM basis in its Licence revenue stream. EBIT for the quarter was inline while PAT slip was largely on account of adverse FX....
|2018-11-03||Oracle Financial Ser..||HDFC Securities||3557.00||3557.00 (-15.92%)||Results Update|
Oracle Financial Services Software Ltd Q2FY19 results Comment Revenue decreased by 9.78% to Rs. 1213.28 Cr in Q2FY19 when compared to the previous quarter. On the other hand, it increased by 2.0% when compared with Q2FY18.
|2018-08-16||Oracle Financial Ser..||HDFC Securities||4039.95||4039.95 (-25.97%)||Results Update|
|2018-05-14||Oracle Financial Ser..||HDFC Securities||4099.80||4099.80 (-27.05%)||Results Update|
|2018-03-06||Oracle Financial Ser..||JM Financial||3793.00||4480.00||3793.00 (-21.15%)||Target met||Buy|
We upgrade Oracle Financial Services Software (OFSS) to BUY on a 19% upside. The stock's participation in the broader IT sector rally over the last two months has been restricted by muted 3QFY18 results; it has also under-performed global peers over this period. However, given management's commentary of a robust deal pipeline + a seasonally stronger period ahead, we find current levels attractive to play to its structural strengths. We also raise our FY19/FY20E EPS by 6.6%/6.8% on superior margin management. Our revised INR 4,480 TP...
|2018-02-09||Oracle Financial Ser..||HDFC Securities||4051.00||4051.00 (-26.17%)||Results Update|
Oracle Financial Services Software Ltd Q3FY18 results comment Revenue decreased by 10.96% to Rs. 1059.12 Cr in Q3FY18 when compared to the previous quarter. Also, it fell by 6.46% when compared with Q3FY17.
|2017-11-13||Oracle Financial Ser..||HDFC Securities||3633.65||3633.65 (-17.69%)||Results Update|
Oracle Financial Services Software Ltd Q2FY18 results comment Revenue decreased by 1.18% to Rs. 1189.53 Cr in Q2FY18 when compared to the previous quarter. On the other hand, it increased by 11.66% when compared with Q2FY17.
|2017-08-23||Oracle Financial Ser..||Axis Direct||3458.00||3320.00||3458.00 (-13.51%)||Hold|
OFSS delivered lower license fee signings of USD 20 mn in Q1FY18 (Q1FY17: USD 30 mn) in an otherwise seasonally strong quarter (parent Oracle year end: May). The 33% YoY decline was due to delay in closure of some large deals.
|2017-08-14||Oracle Financial Ser..||HDFC Securities||3590.90||3590.90 (-16.71%)||Results Update|
Revenue increased by 14.45% to Rs. 1203.76 Cr in Q1FY18 when compared to the previous quarter Revenue increased by 14.45% to Rs. 1203.76 Cr in Q1FY18 when compared to the previous quarter
|2017-05-26||Oracle Financial Ser..||HDFC Securities||3552.20||3552.20 (-15.81%)||Results Update|
|2017-05-25||Oracle Financial Ser..||Axis Direct||3568.25||3425.00||3568.25 (-16.19%)||Target met||Hold|
Deal pipeline in product business remains healthy especially from US geography.Pipeline has good Tier-1 opportunities.High-growth engines includedigital, analytics, core banking (both for OBP, Flexcube), compliance and integration services.
|2017-02-13||Oracle Financial Ser..||HDFC Securities||3657.85||3657.85 (-18.24%)||Results Update|
|2013-05-22||Oracle Financial Ser..||Nirmal Bang|
Oracle Financial Services Software Ltd (OFSS) is a leading vendor of applications software and services to the global financial services industry. Promoters of the company (Oracle Corporation's Mauritius subsidiary) hold 80.3% of the stake...