Sector Alpha Week of 2026-07-31
Sector Alpha — machine-written from the numbers · Data as of 2026-07-31

Oracle Financial Services Software Ltd

OFSS
IT Product Companies

Oracle Financial Services Software Ltd compounds quietly. Returns above 15% and growth without drama — priced like it.

The sharpest disagreement: Domestic institutions moved −2.7 points over 8 quarters while the operating story went the other way — someone close to the numbers is not convinced.

The price is in a confirmed uptrend (11 weeks in) while the P/E sits at the 77th percentile of its own 10-year range. Underneath, the last four quarters read improving — profit +120.6% year on year, and 92% of the last 3 years' profit arrived as cash. What settles it: whether the register turns back in the story’s favour.

Stage
Consistent
fundamental trajectory, 12 quarters
Price
₹11,186
+33.5% 1Y
P/E
28.5×
77th pctile
of its own 10-year range
Revenue (Jun 26)
₹3,125 Cr
+68.7% YoY
Profit (Jun 26)
₹1,416 Cr
+120.6% YoY
Operating margin
60.0%
+14.0 pp YoY
ROCE
45%
FY26
ROIC
139.6%
vs WACC 12.0% → +127.6 pp
Cash conversion
92%
of profit, last 3 FY
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Oracle Financial Services Software Ltd trades at ₹11,186, in a confirmed uptrend and 11 weeks into that stage. That is +22.8% against its own 200-day average. It sits at 89% of a 52-week range of ₹6,526 to ₹11,771. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 21 straight weeks.

Today the stock is in a confirmed uptrend — week 11 of stage 2, confirmed. At ₹11,186 it trades +22.8% versus its 200-day average and sits at 89% of its 52-week range (₹6,526–₹11,771).

Jul 26: ₹11,186 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 3-year window.
+22.8% versus the 200-day line, week 11 of stage 2
Price50-day avg200-day avg
S2S4S2₹13,381₹10,718₹8,055₹5,392₹2,729₹11,186₹9,108Jul 23May 24Feb 25Nov 25Jul 26
S2S4S2₹13,381₹10,718₹8,055₹5,392₹2,729₹11,186₹9,108Jul 23Feb 25Jul 26
Beating or trailing, week by week since 2016 Each cell is one week from 2016 to now (549 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Mar 16Jul 26

Against the market, two honest reads. Cumulative: over the last 10.4 years the stock moved +234% while the NIFTY 500 moved +276% — behind the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 21 straight weeks — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Oracle Financial Services Software Ltd trades at 28.5× P/E, at the pricey end of its own range (77th percentile). Its long-run median P/E is 23.8×, measured across 10.4 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 28.5× is at the pricey end of its own range (77th percentile), against a long-run median of 23.8× measured over 10.4 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 28.5× vs a 23.8× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 10.4-year window; loss-period spikes above 42× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
at the pricey end of its own range (77th percentile)
P/EMedianEPS (TTM) (quarterly)
44.7×₹42435.6×₹31826.4×₹21217.2×₹1068.1×₹0.0×28.50×₹392Mar 16Oct 18Jun 21Jan 24Jul 26
44.7×₹42435.6×₹31826.4×₹21217.2×₹1068.1×₹0.0×28.50×₹392Mar 16Jun 21Jul 26
PEG 0.66 PEG ratio per quarter — the P/E divided by the earnings-growth rate. The dashed line marks 1.0: below it the growth is cheap against the multiple, above it the price already prices the growth in. Computed here as quarter-end P/E ÷ trailing-twelve-month EPS growth (only quarters with positive growth), because a reported quarterly PEG is not held for this stock. Last 11 quarters; values above 6 pinned at the top.
below 1.0, the growth looks cheap against the multiple
PEGPEG = 1.0
6.4×4.9×3.3×1.8×0.2××0.66×Q2 FY24Q4 FY24Q3 FY25Q1 FY26Q1 FY27
6.4×4.9×3.3×1.8×0.2××0.66×Q2 FY24Q3 FY25Q1 FY27
P/E
28.5×
77th percentile of 10y
PEG
1.56
derived from 3-year earnings growth

Why the multiple sits where it does: over the past year annual EPS moved +10.7% against a +33.5% price move — the price outran earnings, pushing the multiple UP its own range.

The price move, decomposed: over 5y, of the +21.0%/yr price move, ~+13.4%/yr came from earnings growth and ~+7.6 pp from the multiple (expanding); over 10y, of the +11.7%/yr price move, ~+11.7%/yr came from earnings growth and ~+0.0 pp from the multiple (roughly flat). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.

Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.

03 · Stage: Consistent

Stage: Consistent Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Oracle Financial Services Software Ltd reads as consistent on its fundamental arc. Consistent — revenue, profit and EPS growth have stayed positive through the window, with ROCE at 59.4% and holding. The read is built from 12 quarters across 4 curves, on full evidence.

Growth, year by year: revenue +12.0% in FY26, profit +10.9% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn.
Revenue YoYProfit YoYEPS YoY
13%26%9.1%16%5.0%5.3%0.9%−4.9%−3.1%−15%%%12%10.9%FY16FY21FY26
13%26%9.1%16%5.0%5.3%0.9%−4.9%−3.1%−15%%%12%10.9%FY16FY21FY26
Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. A missing point means that reading is not held for the quarter.
the trajectory the stage is read from · revenue accelerating, profit accelerating
RevenueProfitEPS
31%46%23%32%16%18%8.2%4.8%0.7%−8.9%%%28.6%42%41.6%Sep 23Dec 24Jun 26
31%46%23%32%16%18%8.2%4.8%0.7%−8.9%%%28.6%42%41.6%Sep 23Dec 24Jun 26
ROCE Trailing-twelve-month operating profit (before interest and tax) as a share of average capital employed — total assets minus current liabilities, the standard textbook basis, %.
the return curve, computed quarterly
ROCE
61%55%48%41%34%%59.4%Sep 23Mar 24Dec 24Sep 25Jun 26
61%55%48%41%34%%59.4%Sep 23Dec 24Jun 26
Revenue growth
Rising
latest +28.6% · span +2.8% to +28.6%
Profit growth
Rising
latest +42.0% · span −4.9% to +42.0%
EPS growth
Rising
latest +41.6% · span −5.1% to +41.6%
ROCE
Rising
latest 59.4% · span 36.2%–59.4%

Why it matters: steady curves with healthy returns are the compounding setup — the risk is the price, not the business.

Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue+12.0%+10.4%+9.0%+6.4%
Profit+10.9%+13.5%+8.4%+9.7%
EPS+10.7%+13.2%+8.2%+9.4%
Share price+33.5%+43.1%+21.0%+11.7%
Revenue YoY (Jun 26)
+68.7%
latest quarter vs a year ago
Profit YoY (Jun 26)
+120.6%
latest quarter vs a year ago
Revenue 10y
6.4%
long-run compound pace
04 · 4-Factor Sector Score

4-Factor Sector Score

67.9/100 — rank 1 of 9 in IT Product Companies · 100% evidence confidence

Oracle Financial Services Software Ltd scores 67.9 out of 100 against the 9 companies it is compared with in IT Product Companies, ranking 1. Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.

The four contributions add to the total exactly: 31.2 + 21.7 + 2.1 + 12.9 = 67.9. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

05 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

Oracle Financial Services Software Ltd reported ₹3,125 Cr of revenue in the Jun 26 quarter, +68.7% year on year. That is the 6th straight quarter of year-on-year growth. Over 10 years it has compounded at 6.4% a year. The last full year, FY26, came in at ₹7,672 Cr. The last four reported quarters add to ₹8,945 Cr.

FY26 revenue came in at ₹7,672 Cr (+12.0% on the year), capping 10 years at 6.4% compound. The latest quarter (Jun 26) printed ₹3,125 Cr, +68.7% year on year — the 6th consecutive quarter of year-over-year growth.

FY26 revenue ₹7,672 Cr (+12.0% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
6.4% a year over 10 years
RevenueYoY growth
8.3k13%6.2k9.1%4.1k5.0%2.1k0.9%0−3.1%₹ Cr%₹7,67212%FY16FY21FY26
8.3k13%6.2k9.1%4.1k5.0%2.1k0.9%0−3.1%₹ Cr%₹7,67212%FY16FY21FY26
Jun 26: ₹3,125 Cr (+68.7% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
6th straight quarter of growth
Revenue (quarterly)YoY growth
3.4k75%2.5k53%1.7k31%8449.7%0−12%₹ Cr%₹3,12568.7%Sep 23Dec 24Jun 26
3.4k75%2.5k53%1.7k31%8449.7%0−12%₹ Cr%₹3,12568.7%Sep 23Dec 24Jun 26

Pace check: the last four quarters averaged +27.6% growth against the decade's 6.4% — the current year is running faster than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew +28.6% over the last 4 quarters against +16.0%/yr over the last 8 — accelerating; TTM profit +42.0% vs +20.9%/yr — accelerating.

06 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Oracle Financial Services Software Ltd's operating margin is 60.0% in the Jun 26 quarter, +14.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 37.0% to 50.0%. The current quarter is running above every full year in that window.

The latest quarter's operating margin is 60.0%, +14.0 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 37.0%–50.0%.

Why the margin moved: operating margin went +14.4 pp year on year while gross margin went +0.0 pp — the gain came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.

FY26: 45.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 13-year window.
within a 37.0–50.0% band over 13 years
operating marginYoY change (pp)
51%4.7%47%2.1%44%−0.5%40%−3.1%36%−5.7%%%45%0%FY14FY20FY26
51%4.7%47%2.1%44%−0.5%40%−3.1%36%−5.7%%%45%0%FY14FY20FY26
Jun 26: 60.0% operating margin (+14.0 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
62%16%56%9.8%50%4.0%43%−1.8%37%−7.6%%%60%14%Sep 23Dec 24Jun 26
62%16%56%9.8%50%4.0%43%−1.8%37%−7.6%%%60%14%Sep 23Dec 24Jun 26
07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Oracle Financial Services Software Ltd earned ₹1,416 Cr of net profit in the Jun 26 quarter, +120.6% year on year. It is the 3rd consecutive quarter of growth. Full-year FY26 profit was ₹2,639 Cr. The 10-year compound rate is 9.7%. That is 45.3% of the quarter's revenue. The same quarter a year earlier earned ₹642 Cr.

Jun 26 profit was ₹1,416 Cr, +120.6% year on year — the 3rd consecutive quarter of growth. On the full year, FY26 printed ₹2,639 Cr (+10.9%), and the 10-year compound rate is 9.7%.

FY26 profit ₹2,639 Cr (+10.9% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
9.7% a year over 10 years
Net profitYoY growth
2.9k26%2.1k16%1.4k5.4%713−4.7%0−15%₹ Cr%₹2,63910.9%FY16FY21FY26
2.9k26%2.1k16%1.4k5.4%713−4.7%0−15%₹ Cr%₹2,63910.9%FY16FY21FY26
Jun 26: ₹1,416 Cr (+120.6% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
3rd straight quarter of growth
Net profit (quarterly)YoY growth
1.5k132%1.1k90%76547%3824.0%0−39%₹ Cr%₹1,416120.6%Sep 23Dec 24Jun 26
1.5k132%1.1k90%76547%3824.0%0−39%₹ Cr%₹1,416120.6%Sep 23Dec 24Jun 26

Why profit moved: revenue contributed +68.7% and the margin +14.0 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.

Pace comparison, last four quarters: profit +39.6% vs revenue +27.6%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.

08 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 92% of Oracle Financial Services Software Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹2,638 Cr of operating cash against ₹2,639 Cr of profit. After ₹58.0 Cr of capital spending, ₹2,580 Cr was left as free cash.

FY26: operating cash of ₹2,638 Cr against reported profit of ₹2,639 Cr, leaving free cash of ₹2,580 Cr after ₹58.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 92% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY26: CFO ₹2,638 Cr vs profit ₹2,639 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 11-year window, annual resolution.
92% of 3-year profit arrived as cash
Operating cashNet profitFree cash
2.9k2.1k1.4k7130₹ Cr₹2,638₹2,639₹2,580FY16FY21FY26
2.9k2.1k1.4k7130₹ Cr₹2,638₹2,639₹2,580FY16FY21FY26
FY26: CFO = 100% of profit (three-year rate 92%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash.
Conversion100%
112%100%89%77%65%%100%FY16FY21FY26
112%100%89%77%65%%100%FY16FY21FY26

Why conversion sits at 92%: the cash cycle held roughly steady between FY21 and FY26 — so conversion tracks profitability rather than the cycle.

Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.

09 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Oracle Financial Services Software Ltd's cash conversion cycle runs 64 days in FY26, up from 59 days in FY21. Capital spending ran ₹158 Cr over the last 3 years. At FY26 sales of ₹7,672 Cr each day of that cycle holds about ₹21.0 Cr, so roughly ₹1,345 Cr sits inside the business at any moment.

FY26: debtors at 64 days (an asset-light business — no inventory to speak of) — for a full cycle of 64 days, looser than FY21's 59.

In money terms: at FY26 sales of ₹7,672 Cr, each day of the cycle holds about ₹21.0 Cr — so the 64-day loop keeps roughly ₹1,345 Cr sitting inside the business at any moment.

FY26: a 64-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 13-year window.
+5 days vs FY21
Cash cycleDebtor days
8376696154days64d64dFY14FY17FY20FY23FY26
8376696154days64d64dFY14FY20FY26

On the investment side: capital spending of ₹158 Cr over the last 3 fiscal years against ₹208 Cr of depreciation — spending at or below maintenance level. Capital work-in-progress stands at ₹16.0 Cr (FY26) — capacity paid for but not yet earning.

FY26: capex ₹58.0 Cr, work-in-progress ₹16.0 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
steady investment
CapexWork-in-progress
221166111550₹ Cr₹58₹16FY16FY18FY21FY23FY26
221166111550₹ Cr₹58₹16FY16FY21FY26

The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.

10 · Return on capital

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

Oracle Financial Services Software Ltd earns a ROCE of 45% in FY26. That is up from a trough of 25% in FY14. Return on invested capital clears the cost of that capital by +127.6 percentage points, so growth here adds value rather than only size. The wiring behind it is 34.4% net margin on 0.78× asset turns.

FY26 ROCE is 45%, recovered from a FY14 trough of 25% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY26): 34.4% net margin × 0.78× asset turns × 1.26× balance-sheet leverage ≈ 33.8% on equity. Margin is doing the heavy lifting; leverage is modest — this is an earned return, not a borrowed one.

The capstone test — ROIC − WACC: 139.6% − 12.0% = a +127.6 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. A spread this wide means every rupee reinvested creates more than a rupee of value — the engine compounds.

FY26: ROCE 45% Return on capital employed by fiscal year, % (line); ROIC by fiscal year, % (line). 13-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the climb back from FY14's 25%
ROCEROIC (annual)WACC
106%81%55%30%5.1%%45%98.8%FY14FY20FY26
106%81%55%30%5.1%%45%98.8%FY14FY20FY26
Q4 FY26: ROCE 40.1% (TTM) vs WACC 12.0% Trailing-twelve-month ROCE and ROIC, per quarter, %; dashed line = the cost of capital. Last 12 quarters, put on a trailing-twelve-month basis and anchored to the annual figure.
ROCE (TTM)ROIC (TTM)WACC
108%82%56%31%4.9%%40.1%100.6%Q2 FY24Q3 FY25Q1 FY27
108%82%56%31%4.9%%40.1%100.6%Q2 FY24Q3 FY25Q1 FY27
11 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.

Oracle Financial Services Software Ltd carries total debt of ₹33.0 Cr against shareholder equity of ₹7,827 Cr as of Jun 26, a debt-to-equity of 0.00 — effectively unlevered. On the annual view that ratio went from 0.01 in FY22 to 0.00 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.

Jun 26: total debt of ₹33.0 Cr against shareholder equity of ₹7,827 Cr — a debt-to-equity of 0.00. On the annual view, debt-to-equity went from 0.01 (FY22) to 0.00 (FY26). The returns on this page are earned, not borrowed.

FY26: debt ₹33.0 Cr at 0.00× equity Total debt by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 5-year window.
Total debtDebt-to-equity
900.011×670.008×450.005×220.002×0−0.001×₹ Cr×₹330.00×FY22FY24FY26
900.011×670.008×450.005×220.002×0−0.001×₹ Cr×₹330.00×FY22FY24FY26
Jun 26: debt ₹33.0 Cr, debt-to-equity 0.00 Total debt per quarter, ₹ Cr (bars); debt-to-equity, × (line). Last 12 quarters. India reports the full balance sheet half-yearly, so the intervening quarter carries the prior reading forward.
Total debt (quarterly)Debt-to-equity
580.011×440.008×290.005×150.002×0−0.001×₹ Cr×₹330.00×Sep 23Dec 24Jun 26
580.011×440.008×290.005×150.002×0−0.001×₹ Cr×₹330.00×Sep 23Dec 24Jun 26
12 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Foreign institutions added 4.6 points of Oracle Financial Services Software Ltd over 8 quarters, the biggest move on the register. That takes foreign institutions to 9.7% of the company. Domestic institutions moved −2.7 points over the same window, to 8.8%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Foreign institutions: +4.6 points over 8 quarters to 9.7%; Domestic institutions: −2.7 points over 8 quarters to 8.8%; Promoters: −0.3 points over 8 quarters to 72.4%.

Why the register moved: rotation — foreign institutions +4.6 points against domestic institutions −2.7 points over 8 quarters, with promoters holding steady — one class of institutions handing the register to the other, not a verdict change by the people closest to the numbers.

Fiscal-year ends: promoters −0.3 pts from Mar 24 to Mar 26 Shareholding at each fiscal-year end (March quarter), % of the company. 3 year-ends held.
PromotersForeign inst.Domestic inst.Public
78%59%39%20%0.8%%72.4%8.0%9.1%10.4%Mar 24Mar 25Mar 26
78%59%39%20%0.8%%72.4%8.0%9.1%10.4%Mar 24Mar 25Mar 26
Foreign institutions added 4.6 points over 8 quarters Shareholding by holder class, % of the company, quarterly, last 13 quarters.
PromotersForeign inst.Domestic inst.Public
78%59%39%19%0.0%%72.4%9.7%8.8%9.1%Jun 23Dec 24Jun 26
78%59%39%19%0.0%%72.4%9.7%8.8%9.1%Jun 23Dec 24Jun 26
13 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Oracle Financial Services Software Ltd: the Z-score reads 22.57. A Z-score above roughly 3 reads as safe and below roughly 1.8 as the distress zone, so this sits well clear of distress. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure.

Why it matters: a Z-score of 22.57 sits well clear of the distress zone — the balance sheet is not the risk here.

The safety line in one sentence: the Z-score reads 22.57.

14 · Related companies · IT Product Companies
CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Oracle Financial Services Software Ltdthis pageOFSS 67.9/100Favorable setup100% evidence LEADER 31.2/35 Revenue 28.6% · PAT 42% · OPM change 14 pp 100% evidence 21.7/25 ROCE 45.3% · OPM 60% 100% evidence 2.1/20 P/E 28.5× · PEG 3.37 100% evidence 12.9/20 RS sector 24.5% · RS bench 28.5% · 1Y 29.9%12 of 12 weeks ahead 100% evidence
Exact sum: 31.2 + 21.7 + 2.1 + 12.9 = 67.9 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
2Rategain Travel Technologies LtdRATEGAIN 57.2/100Mixed-positive evidence96% evidence LEADER 15.4/35 Revenue 69.4% · PAT -7.2% · OPM change -2 pp 88% evidence 10.0/25 ROCE 13.7% · OPM 21% 100% evidence 11.8/20 P/E 49.2× · PEG 1.03 100% evidence 20.0/20 RS sector 34.1% · RS bench 38.2% · 1Y 106.2%12 of 12 weeks ahead 100% evidence
Exact sum: 15.4 + 10 + 11.8 + 20 = 57.2 · Decision use: Price leads the evidence: RS versus the benchmark is 38.2%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
3Ramco Systems LtdRAMCOSYS 56.8/100Mixed-positive evidence77% evidence TURNING 21.9/35 Revenue 15.7% · PAT 100% · OPM change -3.3 pp 100% evidence 11.6/25 ROCE 19.7% · OPM 14.7% 100% evidence 9.3/20 P/E 34.6× · PEG — 15% evidence 14.0/20 RS sector 7% · RS bench 9.8% · 1Y 46.8%7 of 10 weeks ahead 70% evidence
Exact sum: 21.9 + 11.6 + 9.3 + 14 = 56.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4Zaggle Prepaid Ocean Services LtdZAGGLE 54.5/100Mixed-positive evidence96% evidence ASLEEP 28.7/35 Revenue 46.3% · PAT 58% · OPM change 0 pp 88% evidence 7.4/25 ROCE 14% · OPM 9% 100% evidence 17.7/20 P/E 19.9× · PEG 0.96 100% evidence 0.7/20 RS sector -32.2% · RS bench -30.5% · 1Y -46.6%0 of 12 weeks ahead 100% evidence
Exact sum: 28.7 + 7.4 + 17.7 + 0.7 = 54.5 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -32.2% and the one-year return is -46.6%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
5Accelya Solutions India LtdACCELYA 52.7/100Mixed-positive evidence81% evidence ASLEEP 5.5/35 Revenue 0.6% · PAT -25.8% · OPM change -3 pp 95% evidence 21.7/25 ROCE 49.4% · OPM 36% 95% evidence 13.3/20 P/E 16.4× · PEG — 50% evidence 12.2/20 RS sector 11.7% · RS bench -11.2% · 1Y -18.3%0 of 10 weeks ahead 70% evidence
Exact sum: 5.5 + 21.7 + 13.3 + 12.2 = 52.7 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
6Newgen Software Technologies LtdNEWGEN 50.7/100Mixed-positive evidence94% evidence TURNING 15.7/35 Revenue 7.9% · PAT -0.9% · OPM change 2 pp 100% evidence 16.0/25 ROCE 25% · OPM 16% 100% evidence 15.2/20 P/E 23.1× · PEG 0.73 100% evidence 3.8/20 RS sector -32.6% · RS bench -18% · 1Y -34.7%3 of 10 weeks ahead 70% evidence
Exact sum: 15.7 + 16 + 15.2 + 3.8 = 50.7 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
7Intellect Design Arena LtdINTELLECT 48.9/100Mixed-negative evidence94% evidence ASLEEP 19.8/35 Revenue 22.5% · PAT -0.6% · OPM change 0 pp 100% evidence 12.6/25 ROCE 16% · OPM 20% 100% evidence 10.8/20 P/E 27.3× · PEG 1.79 100% evidence 5.7/20 RS sector -8.3% · RS bench -17.1% · 1Y -30.5%2 of 10 weeks ahead 70% evidence
Exact sum: 19.8 + 12.6 + 10.8 + 5.7 = 48.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
8Network People Services Technologies LtdNPST 35.3/100Mixed-negative evidence96% evidence BREAKING OUT 8.4/35 Revenue 13.3% · PAT -6.8% · OPM change -12 pp 88% evidence 13.0/25 ROCE 19.7% · OPM 21% 100% evidence 2.6/20 P/E 78× · PEG 7.32 100% evidence 11.3/20 RS sector -3.6% · RS bench -1.7% · 1Y -16.4%9 of 12 weeks ahead 100% evidence
Exact sum: 8.4 + 13 + 2.6 + 11.3 = 35.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
9Nucleus Software Exports LtdNUCLEUS 34.5/100Adverse evidence81% evidence ASLEEP 5.4/35 Revenue 1.6% · PAT -36.9% · OPM change -12.2 pp 95% evidence 9.7/25 ROCE 16.8% · OPM 3.8% 95% evidence 9.9/20 P/E 15.8× · PEG — 50% evidence 9.5/20 RS sector 5.2% · RS bench -22.9% · 1Y -34.4%0 of 10 weeks ahead 70% evidence
Exact sum: 5.4 + 9.7 + 9.9 + 9.5 = 34.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

15 · Frequently asked questions

Frequently asked questions

What is Oracle Financial Services Software Ltd's share price today?

Oracle Financial Services Software Ltd trades at ₹11,186, +33.5% over the past year. The company is valued at ₹97,403 Cr. The stock sits at 89% of its 52-week range of ₹6,526–₹11,771, +22.8% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 11 weeks in. — as of 31 July 2026.

What were Oracle Financial Services Software Ltd's latest quarterly results?

Oracle Financial Services Software Ltd reported revenue of ₹3,125 Cr and net profit of ₹1,416 Cr for the Jun 26 quarter. Revenue rose 68.7% and profit rose 120.6% year on year. Earnings per share were ₹162.57. The operating margin was 60.0%, 14.0 pp higher than a year earlier. — as of 31 July 2026.

What is Oracle Financial Services Software Ltd's revenue?

Oracle Financial Services Software Ltd reported revenue of ₹3,125 Cr in the Jun 26 quarter, +68.7% year on year. For the full FY26 fiscal year, revenue was ₹7,672 Cr (+12.0%). Over the last 10 years revenue compounded at 6.4% a year. — as of 31 July 2026.

What is Oracle Financial Services Software Ltd's profit?

Oracle Financial Services Software Ltd earned ₹1,416 Cr of net profit in the Jun 26 quarter, +120.6% year on year — the 3rd straight quarter of growth. Full-year FY26 profit was ₹2,639 Cr. The operating margin ran 60.0% in the latest quarter. — as of 31 July 2026.

What is Oracle Financial Services Software Ltd's market cap?

Oracle Financial Services Software Ltd's market capitalisation is ₹97,403 Cr at a share price of ₹11,186. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 31 July 2026.

What is Oracle Financial Services Software Ltd's P/E ratio?

Oracle Financial Services Software Ltd trades at a P/E of 28.5×, at the 77th percentile of its own 10-year range, against a long-run median of 23.8×. This is a comparison with the stock's own history, not a value call — as of 31 July 2026.

Does Oracle Financial Services Software Ltd pay a dividend?

Yes — Oracle Financial Services Software Ltd's dividend payout was 132% of profit in FY26, and it recorded a payout in 11 of its last 13 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 31 July 2026.

Is Oracle Financial Services Software Ltd overvalued?

On its own history, Oracle Financial Services Software Ltd looks expensive against its own history: its P/E of 28.5× sits at the 77th percentile of its 10-year range (long-run median 23.8×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 31 July 2026.

Is Oracle Financial Services Software Ltd growing?

Yes — Oracle Financial Services Software Ltd is growing: latest-quarter revenue +68.7% year on year, profit +120.6%, and the margin +14.0 pp at 60.0%. The 10-year compound rates are 6.4% (revenue) and 9.7% (profit). The earnings engine currently reads: improving — as of 31 July 2026.

How is Oracle Financial Services Software Ltd performing?

Oracle Financial Services Software Ltd is in a confirmed uptrend, 11 weeks in. Its latest quarter's revenue rose 68.7% and profit rose 120.6% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 21 weeks. This describes what the data did, not a rating. — as of 31 July 2026.

What stage is Oracle Financial Services Software Ltd in?

Consistent — revenue, profit and EPS growth have stayed positive through the window, with ROCE at 59.4% and holding. The read comes from the last 12 quarters of growth (revenue growth +28.6% latest, profit growth +42.0% latest, eps growth +41.6% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 31 July 2026.

Is Oracle Financial Services Software Ltd in an uptrend?

Yes — the price is in a confirmed uptrend (week 11 of stage 2), trading +22.8% versus its 200-day average and at 89% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 31 July 2026.

Is Oracle Financial Services Software Ltd beating the market?

On recent form, yes — Oracle Financial Services Software Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 21 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.4 years the stock moved +234% against the NIFTY 500's +276% — behind the index over the full window. — as of 31 July 2026.

Will Oracle Financial Services Software Ltd's share price go up?

This page publishes no price forecast for Oracle Financial Services Software Ltd. What it measures instead: the share price is ₹11,186, the price is in a confirmed uptrend 11 weeks in. Its P/E of 28.5× sits at the 77th percentile of its own 10-year range. — as of 31 July 2026.

Who owns Oracle Financial Services Software Ltd?

Promoters hold 72.4% of Oracle Financial Services Software Ltd, foreign institutions 9.7%, domestic institutions 8.8% and the public 9.1% (latest quarter). The biggest move on the register over the last two years: Foreign institutions added 4.6 points over 8 quarters. — as of 31 July 2026.

Does Oracle Financial Services Software Ltd have too much debt?

No — Oracle Financial Services Software Ltd's debt-to-equity is 0.00, and operating profit covers the interest bill north of 100×. FY26 borrowings were ₹32.0 Cr against equity of ₹7,827 Cr. The returns on this page are earned, not borrowed — as of 31 July 2026.

What is Oracle Financial Services Software Ltd's capex?

Oracle Financial Services Software Ltd spent ₹158 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹58.0 Cr, with ₹16.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 31 July 2026.

What is Oracle Financial Services Software Ltd's cash flow?

Oracle Financial Services Software Ltd generated ₹2,638 Cr of operating cash flow in FY26 and ₹2,580 Cr of free cash flow after ₹58.0 Cr of capital spending. Reported profit that year was ₹2,639 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 31 July 2026.

Is Oracle Financial Services Software Ltd's profit real cash?

Yes — over the last 3 fiscal years, 92% of Oracle Financial Services Software Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹2,638 Cr against reported profit of ₹2,639 Cr. The cash then goes into a mix of the working-capital cycle and capacity. Cash-flow resolution is annual — as of 31 July 2026.

How financially safe is Oracle Financial Services Software Ltd?

On the balance sheet, the Z-score reads 22.57 — above roughly 3 is safe, below roughly 1.8 is the distress zone. That sits well clear of trouble. — as of 31 July 2026.

Where is Oracle Financial Services Software Ltd in its business cycle?

Oracle Financial Services Software Ltd's FY26 operating margin was 45.0%, against a 13-year band of 37.0%–50.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 60.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 31 July 2026.

What could break the Oracle Financial Services Software Ltd story?

The sharpest disagreement: Domestic institutions moved −2.7 points over 8 quarters while the operating story went the other way — someone close to the numbers is not convinced. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 31 July 2026.

Is Oracle Financial Services Software Ltd a stock worth studying right now?

This is not investment advice. The machine read: Oracle Financial Services Software Ltd compounds quietly. Returns above 15% and growth without drama — priced like it. The sharpest open question: whether the register turns back in the story’s favour. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 31 July 2026.

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