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Oracle Financial Services Software Ltd Q4FY21 consolidated net profit up at Rs. 460.31 crore



Posted On : 2021-05-05 21:36:41( TIMEZONE : IST )

Oracle Financial Services Software Ltd Q4FY21 consolidated net profit up at Rs. 460.31 crore

ORACLE FINANCIAL SERVICES SOFTWARE LTD. has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.1254.73 crores during the period ended March 31, 2021 as compared to Rs.1261.09 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.460.31 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.429.67 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.53.28 for the period ended March 31, 2021 as compared to Rs.49.76 for the period ended December 31, 2020.

FinancialsQ4 FY20-21Q3 FY20-21% Change
Total Income₹ 1254.73 crs₹ 1261.09 crsDown Tick -0.5%
Net Profit₹ 460.31 crs₹ 429.67 crsUp Tick 7.13%
EPS₹ 53.28₹ 49.76Up Tick 7.07%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.1254.73 crores during the period ended March 31, 2021 as compared to Rs.1300.67 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.460.31 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.269.22 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.53.28 for the period ended March 31, 2021 as compared to Rs.31.24 for the period ended March 31, 2020.

FinancialsQ4 FY20-21Q4 FY19-20% Change
Total Income₹ 1254.73 crs₹ 1300.67 crsDown Tick -3.53%
Net Profit₹ 460.31 crs₹ 269.22 crsUp Tick 70.98%
EPS₹ 53.28₹ 31.24Up Tick 70.55%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.5115.90 crores during the 12 months period ended March 31, 2021 as compared to Rs.5038.61 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.1761.85 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.1462.21 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.203.99 for the 12 months period ended March 31, 2021 as compared to Rs.169.66 for the 12 months period ended March 31, 2020.

FinancialsYear Ended FY20-21Year Ended FY19-20% Change
Total Income₹ 5115.90 crs₹ 5038.61 crsUp Tick 1.53%
Net Profit₹ 1761.85 crs₹ 1462.21 crsUp Tick 20.49%
EPS₹ 203.99₹169.66Up Tick 20.23%

For the full year ended March 31, 2021, the products business posted revenue of Rs. 4,425 Crore, up 3% compared to fiscal year 2020, and operating income of Rs. 2,382 Crore, up 12% year- over-year. For the same period, the services business posted revenue of Rs. 423 Crore, down 1% year-over-year, and the operating income of Rs. 88 Crore, up 13% year-over-year.

For the quarter ended March 31, 2021, the products business posted revenue of Rs. 1,074 Crore, down 5% as compared to corresponding quarter in fiscal 2020 and an operating income of Rs. 558 Crore representing an operating margin of 52%. The Services business delivered an operating income of Rs. 27 Crore with an operating margin of 27%.

Managing Director and Chief Executive Officer, Oracle Financial Services Software Chet Kamat, said, "Our investments in the product portfolio has helped us build a strong pipeline. For the full year, we posted 20% growth in net income and operating income grew 13% as compared to the previous year. We signed US$ 14.7 million of new license fees in the quarter, representing strategic new logos across the portfolio. Despite the uncertain business environment, we continue to see broad-based demand for our product lines from both emerging and developed markets.

Executive Director and Chief Financial Officer Oracle Financial Services Software Makarand Padalkar, said, "We maintained our track record of delivering strong operating performance. For the fiscal year ended March 2021, we posted an operating margin of 47% as compared to 43% for fiscal year ended March 2020."

Shares of ORACLE FINANCIAL SERVICES SOFTWARE LTD. was last trading in BSE at Rs.3543.55 as compared to the previous close of Rs. 3474.8. The total number of shares traded during the day was 7830 in over 654 trades.

The stock hit an intraday high of Rs. 3567.6 and intraday low of 3497.15. The net turnover during the day was Rs. 27696356.

Source : Equity Bulls

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