Equity / Stocks - Oracle Financial Services Software Ltd in MARKETS - CMP: 1970
Oracle Financial Services Software Ltd. provides comprehensive information technology solutions to the financial services industry worldwide. The Company ...
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01-29-2012 01:05 PM
Oracle Financial Services Software Ltd
CMP: 1970
Oracle Financial Services Software Ltd. provides comprehensive information technology solutions to the financial services industry worldwide. The Company provides transaction processing and accounting software for banks, investment managers and mutual funds. Oracle Financial also provides internet delivery of financial services as well as business intelligence and analytical applications.
Oracle Financial Services formerly known as iFlex is a decent bet in large-cap space. Its currently trading at a P/E of 18. The company runs at Zero Debt and 108 Crores cash in hand. Revenues have risen steadily from 1154 Crores to 2360 Crores in the last 5 years. Profits have risen more from 245 Crores to 968 Crores in the last 5 years. NPM has doubled from 21% to 41% in the last 5 years. Buy and hold for long term gains.
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