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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 19.08 % in the past year, substantial increase in net sales/revenue by 6.03 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -52.28 %, Marginal decrease of -41.84% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Oracle Financial Services Software Limited. Notable increase of 23.1 % in net profit Year to Year, Oracle Financial Services Software Limited’s profitability increased by 10.1 % in this quarter.
- EPS over the Year and quarter: EPS increased by 22.76 % Year to Year. EPS increased by 10.04 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1462.419 Cr | Rs. 1642.436 Cr | Rs. 1741.4 Cr | + 6.03 % | + 19.08 % |
Expenses | Rs. 834.61 Cr | Rs. 908.11 Cr | Rs. 894.3 Cr | -1.52 % | + 7.15 % |
Operating Profit | Rs. 627.81 Cr | Rs. 734.33 Cr | Rs. 847.1 Cr | + 15.36 % | + 34.93 % |
OPM % | 42.93 % | 44.71 % | 48.64 % | + 3.93 % | + 5.71 % |
Other Income | Rs. 100.581 Cr | Rs. 82.531 Cr | Rs. 48 Cr | -41.84 % | -52.28 % |
Interest | Rs. 3.16 Cr | Rs. 13.86 Cr | Rs. 4.7 Cr | -66.09 % | + 48.73 % |
Depreciation | Rs. 18.48 Cr | Rs. 17.76 Cr | Rs. 17.5 Cr | -1.46 % | -5.3 % |
Profit before tax | Rs. 706.75 Cr | Rs. 785.24 Cr | Rs. 872.9 Cr | + 11.16 % | + 23.51 % |
Tax % | 29.11 % | 28.67 % | 29.35 % | + 0.68 % | + 0.24 % |
Net Profit | Rs. 500.98 Cr | Rs. 560.12 Cr | Rs. 616.7 Cr | + 10.1 % | + 23.1 % |
EPS in Rs | Rs. 57.67 | Rs. 64.24 | Rs. 70.69 | + 10.04 % | + 22.58 % |
Today, we’re looking at Oracle Financial Services Software Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 19.08 %. However, it did see a marginal increase of 6.03 % from the previous quarter. Expenses decreased slightly by -1.52 % quarter-on-quarter, aligning with the annual rise of 7.15 %. Operating profit, while up 34.93 % compared to last year, faced a quarter-on-quarter increase of 15.36 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 5.71 %, but an expansion of 3.93 % sequentially. Other income fell by -41.84 % compared to the last quarter, despite an annual decline of -52.28 %. Interest expenses dropped significantly by -66.09 % from the previous quarter, yet the year-over-year increase remains at a moderate 48.73 %. Depreciation costs fell by -1.46 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -5.3 %. Profit before tax grew annually by 23.51 % but saw an increase from the preceding quarter by 11.16 %.
Tax expenses as a percentage of profits increased slightly by 0.24 % compared to last year, with a more notable quarter-on-quarter increase of 0.68 %. Net profit rose by 23.1 % year-on-year but experienced a 10.1 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 22.58 % but a quarterly rise of 10.04 %. In summary, Oracle Financial Services Software Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1462.419 Cr | Rs. 1642.436 Cr | Rs. 1741.4 Cr | + 6.03 % | + 19.08 % |
Expenses | Rs. 834.61 Cr | Rs. 908.11 Cr | Rs. 894.3 Cr | -1.52 % | + 7.15 % |
Operating Profit | Rs. 627.81 Cr | Rs. 734.33 Cr | Rs. 847.1 Cr | + 15.36 % | + 34.93 % |
Net Profit | Rs. 500.98 Cr | Rs. 560.12 Cr | Rs. 616.7 Cr | + 10.1 % | + 23.1 % |
EPS in Rs | Rs. 57.67 | Rs. 64.24 | Rs. 70.69 | + 10.04 % | + 22.58 % |
In reviewing Oracle Financial Services Software Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 19.08 % year-on-year growth, however, there was a minor increase of 6.03 % from the previous quarter. Expenses rose by 7.15 % compared to the previous year, with a decrease of -1.52 % quarter-on-quarter. Operating Profit surged by 34.93 % annually, and saw a 15.36 % increase from the last quarter.
Net Profit showed yearly increase of 23.1 %, and experienced a 10.1 % increase from the previous quarter. Earnings Per Share (EPS) rose by 22.58 % annually, however rose by 10.04 % compared to the last quarter. In essence, while Oracle Financial Services Software Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.