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OFSS - Fundamental Analysis: Financial Health & Valuation

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Rating: 4.5

Last Updated Time : 02 Feb 26, 01:19 pm

Fundamental Rating: 4.5

Stock Code OFSS Market Cap 67,503 Cr. Current Price 7,754 ₹ High / Low 9,950 ₹
Stock P/E 19.3 Book Value 732 ₹ Dividend Yield 3.42 % ROCE 62.5 %
ROE 48.8 % Face Value 5.00 ₹ DMA 50 7,932 ₹ DMA 200 8,465 ₹
Chg in FII Hold -0.30 % Chg in DII Hold 0.37 % PAT Qtr 614 Cr. PAT Prev Qtr 463 Cr.
RSI 47.0 MACD -1.44 Volume 59,393 Avg Vol 1Wk 1,04,552
Low price 7,038 ₹ High price 9,950 ₹ PEG Ratio 0.85 Debt to equity 0.00
52w Index 24.6 % Qtr Profit Var 27.3 % EPS 403 ₹ Industry PE 45.7

📊 Core Financials

  • Revenue & Profitability: Quarterly PAT rose from ₹463 Cr. to ₹614 Cr. (+27.3%), showing strong growth momentum. EPS at ₹403 reflects robust earnings power.
  • Return Metrics: ROE at 48.8% and ROCE at 62.5% highlight exceptional capital efficiency and profitability.
  • Debt Position: Debt-to-equity ratio at 0.00 indicates a debt-free balance sheet, enhancing financial stability.
  • Cash Flow: Dividend yield of 3.42% provides attractive shareholder returns alongside growth.

💹 Valuation Indicators

  • P/E Ratio: 19.3, significantly lower than industry average of 45.7, suggesting undervaluation.
  • P/B Ratio: Current Price ₹7,754 vs. Book Value ₹732 → ~10.6, reflecting premium valuation relative to book value.
  • PEG Ratio: 0.85, attractive, indicating growth-adjusted valuation is reasonable.
  • Intrinsic Value: Strong fundamentals and low P/E relative to peers suggest intrinsic value higher than current price.

💻 Business Model & Competitive Advantage

  • Oracle Financial Services Software (OFSS) provides IT solutions for banking and financial services, a niche with high demand and sticky client relationships.
  • Competitive advantage lies in global presence, strong parent backing (Oracle), and specialized domain expertise.
  • High ROE and ROCE demonstrate operational excellence and strong profitability.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: Attractive accumulation range between ₹7,200–7,600, closer to 52-week low.
  • Long-Term Holding: Suitable for investors seeking consistent profitability, dividends, and exposure to BFSI tech; strong candidate for long-term compounding.

Positive

  • Exceptional ROE (48.8%) and ROCE (62.5%).
  • Debt-free balance sheet ensures financial resilience.
  • Dividend yield of 3.42% provides steady returns.
  • Quarterly PAT growth of 27.3% highlights strong momentum.

Limitation

  • P/B ratio at ~10.6 indicates steep premium valuation.
  • Stock trading below DMA 50 (₹7,932) and DMA 200 (₹8,465), showing bearish technical trend.
  • FII holdings reduced (-0.30%), reflecting lower foreign investor confidence.

Company Negative News

  • Decline in FII holdings (-0.30%).
  • MACD negative (-1.44), signaling weak momentum.

Company Positive News

  • Quarterly PAT surged to ₹614 Cr. from ₹463 Cr.
  • DII holdings increased (+0.37%), showing domestic institutional support.
  • Dividend yield remains attractive at 3.42%.

Industry

  • IT services industry P/E at 45.7, much higher than OFSS’s 19.3, highlighting undervaluation.
  • Sector outlook supported by digital transformation in BFSI and global demand for financial IT solutions.

Conclusion

  • OFSS demonstrates strong profitability, high returns, and a debt-free balance sheet.
  • Despite premium P/B valuation, low P/E relative to industry and strong fundamentals make it attractive.
  • Accumulation near ₹7,200–7,600 is recommended, with strong potential for long-term compounding and dividend income.

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