# OFSS (OFSS) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/ofss

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹11,896
- Change: +2.38%
- As of: 2026-09-18
- 1D return: +2.38%
- 5D return: +1.46%
- 1M return: +0.59%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, the stock is trading at ₹11,896.0, showing a mixed technical stance across timeframes. Daily indicators suggest a bullish trend, with the price above key moving averages like the 20-day EMA (₹11,794.49) and 50-day SMA (₹11,666.56), and the Supertrend indicator is bullish. However, the 5-day slope of the 20-day EMA is negative (-47.76), indicating some short-term downward pressure. Weekly and monthly timeframes also show bullish Supertrend indicators and the price above their respective moving averages, suggesting broader upward momentum. The stock is positioned approximately 90% of the way up its 252-day trading range. Recent market activity includes 2 positive attention events and 1 downside event in the last 30 days.

Nearest support is observed around ₹11,857.33 (33 basis points below the current price), followed by ₹11,738.67. Resistance is noted at ₹12,021.56 (1.06% above the current price), with further levels at ₹12,048.67 and ₹12,540.0. The stock exhibits an annualized volatility of 33% and a current drawdown of -6%. Key patterns include an active Inside Bar on the monthly chart and a Doji on the weekly chart as of September 18, 2026.

Key watch conditions include monitoring the price action around the ₹11,857.33 support level. A break below this could signal increased selling pressure. Conversely, a sustained move above the nearest resistance at ₹12,021.56, especially with increasing volume, would be a positive signal. The divergence in short-term EMA slopes warrants attention for potential intraday or near-term fluctuations.

- Current price as of September 18, 2026: ₹11,896.0.
- Nearest support level: ₹11,857.33.
- Nearest resistance level: ₹12,021.56.
- Active monthly Inside Bar and weekly Doji patterns observed.
- Price is above daily, weekly, and monthly moving averages, indicating broader bullish sentiment.

- Inside Bar
- Doji
- Morning Star
- Outside Bar
- Harami
- Shooting Star
- Evening Star

### News Context

Indian IT stocks, including those of major players like Infosys, experienced a significant rally on Tuesday, September 15, 2026. This surge was attributed to easing concerns about disruptions from artificial intelligence (AI). Leaders from AI development firms Anthropic and OpenAI called for a slower pace of AI development, which appeared to alleviate fears within the sector. The Nifty IT index rose approximately 5%, with individual stocks such as Infosys, HCLTech, LTIMindtree, and Mphasis gaining around 6%, while TCS and Tech Mahindra saw increases of over 5%. This positive sentiment in the IT sector contrasted with broader market pressures, as rising crude oil prices and higher US Treasury yields weighed on overall market sentiment, leading key equity benchmarks to end sharply lower on the same day.

- On September 15, 2026, Indian IT stocks rallied significantly, with the Nifty IT index up about 5%.
- The rally was driven by eased fears of AI-driven disruption following calls for a slower pace of AI development from leaders at Anthropic and OpenAI.
- Infosys, HCLTech, LTIMindtree, and Mphasis shares gained around 6% on September 15, 2026.
- TCS and Tech Mahindra shares rose over 5% on September 15, 2026.
- On the same day, broader market benchmarks declined due to rising crude oil prices and higher US Treasury yields.

- Abakkus’ playbook in focus: Seven years without an IT large cap holding and other exceptions
- Shares tumble as rising oil prices and bond yields intensify pressure
- Indian IT stocks rally as AI caution eases disruption fears
- TCS, Infosys, HCLTech, Tech Mahindra, Wipro shares jump; Nifty IT rises 5% in early trade. Here's why
- Infosys, HCLTech, TCS, other IT stocks soar up to 6%; Nifty IT rallies 5% as global AI slowdown calls boost sentiment

### What Changed

Oracle Financial Services Software (OFSS) on the NSE has experienced a slight increase in its stock price. As of the observation date September 18, 2026, the price stood at ₹11,896.0, up from ₹11,620.0 on a prior, unspecified date. No new filings or news developments were reported for the company as of September 18, 2026. The company's profile and listing on the NSE remain unchanged from earlier context.

- Stock price increased to ₹11,896.0 on September 18, 2026, from a previous ₹11,620.0.
- No new filings or news were reported as of September 18, 2026.
- The company continues to be listed on the NSE.

### Official Filings

Oracle Financial Services Software Limited (OFSS) has disclosed several updates concerning its employee stock plans and capital structure. On August 19, 2026, the company approved the allotment of 7,617 equity shares under the OFSS Stock Plan 2014, increasing its paid-up capital to ₹435,415,635, comprising 87,083,127 equity shares. This allotment followed a board meeting on the same day where securities were issued under the company's ESOP/ESPS scheme, raising the paid-up share capital and the total number of outstanding shares. Earlier, on August 10, 2026, the Nomination and Remuneration Committee granted 6,411 OFSS Stock Units and 465 Stock Options under the same plan. Further grants were made on September 5, 2026, with 6,099 OFSS Stock Units and 1,596 Stock Options issued to employees.

In other developments, the company confirmed the dispatch of its postal ballot notice on September 3, 2026, in preparation for its Annual General Meeting. The 37th AGM, held on July 23, 2026, saw leadership changes with Vinay Ketkar succeeding Makarand Padalkar as MD & CEO and Manish Bhandari appointed as CFO. The company reported for fiscal year 2025-26 a revenue increase of 12% to ₹76.7 billion and net income growth of 11% to ₹26.4 billion, with a total dividend of ₹400 per equity share declared. Discussions at the AGM also touched upon the strategic positioning of OFSS in relation to Artificial Intelligence in financial services.

- On August 19, 2026, OFSS allotted 7,617 equity shares under its stock plan, increasing paid-up capital to ₹435,415,635.
- The company granted additional stock units and options to employees on August 10, 2026 (6,411 units, 465 options) and September 5, 2026 (6,099 units, 1,596 options).
- OFSS confirmed dispatch of its postal ballot notice on September 3, 2026.
- Leadership changes were announced at the 37th AGM on July 23, 2026, with Vinay Ketkar becoming MD & CEO and Manish Bhandari appointed CFO.
- For fiscal year 2025-26, OFSS reported revenue of ₹76.7 billion (up 12%) and net income of ₹26.4 billion (up 11%), with a total dividend of ₹400 per equity share declared.

- Oracle Financial Services Software Limited has informed the Exchange about General Updates |SUBJECT: General Updates
- Oracle Financial Services Software Limited has informed the Exchange about copies of Newspaper Publication published by the Company confirming dispatch of the postal ballot notice. |SUBJECT: Copy of Newspaper Publication
- Oracle Financial Services Software Limited has informed the Exchange regarding 'Allotment of 7,617 equity shares pursuant to the OFSS Stock Plan, 2014'. |SUBJECT: Updates
- Oracle Financial Services Software Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL
- Oracle Financial Services Software Limited has informed the Exchange regarding 'Allotment of 6,411 OFSS Stock Units (OSUs) and 465 Stock Options under OFSS Stock Plan 2014.'. |SUBJECT: Updates

### Fundamentals

Oracle Financial Services Software (OFSS) has demonstrated a significant upward trend in its financial performance across the reported periods. Revenue from operations increased from ₹1,965.90 crore in Q3 FY2025-26 to ₹3,125.20 crore in Q1 FY2026-27. This top-line growth has been accompanied by a substantial improvement in profitability. Income grew from ₹2,026.40 crore in Q3 FY2025-26 to ₹3,202.80 crore in Q1 FY2026-27. Despite an increase in expenses from ₹1,169 crore to ₹1,264.10 crore over the same span, Profit Before Tax saw a marked rise from ₹857.40 crore to ₹1,938.70 crore. Consequently, Profit Loss For Period (Net Profit) surged from ₹609.60 crore in Q3 FY2025-26 to ₹1,415.50 crore in Q1 FY2026-27, indicating strong operating leverage and enhanced earnings quality. The company's ability to translate revenue growth into higher net profit is a key positive signal.

- Revenue from operations increased by 58.97% from ₹1,965.90 crore in Q3 FY2025-26 to ₹3,125.20 crore in Q1 FY2026-27.
- Profit Loss For Period (Net Profit) grew by 132.18% from ₹609.60 crore in Q3 FY2025-26 to ₹1,415.50 crore in Q1 FY2026-27.
- Profit Before Tax increased by 126.06% from ₹857.40 crore in Q3 FY2025-26 to ₹1,938.70 crore in Q1 FY2026-27.
- Expenses increased by 8.14% from ₹1,169 crore in Q3 FY2025-26 to ₹1,264.10 crore in Q1 FY2026-27, while revenue and profits grew at a much higher rate.
- The company is listed on the NSE.

### Bull Case

Oracle Financial Services Software (OFSS) on the NSE shows several technical indicators suggesting a constructive outlook. The daily trend analysis indicates a bullish Supertrend at ₹11,257.18, with the closing price of ₹11,896.0 above both the 20-day Exponential Moving Average (EMA) of ₹11,794.49 and the 50-day Simple Moving Average (SMA) of ₹11,666.56. The monthly trend also supports this, with a bullish Supertrend at ₹7,278.56 and the 20-day EMA at ₹9,530.89. Weekly trends further reinforce this, showing a bullish Supertrend at ₹9,837.63 and the 20-day EMA at ₹10,871.04. The stock has demonstrated significant positive returns over various periods, including a 55% year-to-date return and an 80% return over the last six months, indicating strong recent performance.

- The daily Supertrend indicator is bullish at ₹11,257.18 as of 2026-09-18.
- The closing price of ₹11,896.0 on 2026-09-18 is above the 20-day EMA (₹11,794.49) and 50-day SMA (₹11,666.56).
- The stock has achieved a year-to-date return of 55% and a 6-month return of 80%.
- The monthly Supertrend indicator is bullish at ₹7,278.56.

- Abakkus’ playbook in focus: Seven years without an IT large cap holding and other exceptions
- Shares tumble as rising oil prices and bond yields intensify pressure
- Indian IT stocks rally as AI caution eases disruption fears
- TCS, Infosys, HCLTech, Tech Mahindra, Wipro shares jump; Nifty IT rises 5% in early trade. Here's why
- Infosys, HCLTech, TCS, other IT stocks soar up to 6%; Nifty IT rallies 5% as global AI slowdown calls boost sentiment

### Bear Case

While recent market commentary indicates a general rally in Indian IT stocks driven by easing concerns over AI disruption, and Oracle Financial Services Software (OFSS) has shown positive returns over the past year (return_1y: 0.3), a cautious view may be warranted by certain technical indicators and market conditions. The stock's current price of ₹11,896.0 is trading above its 20-day and 50-day simple moving averages (SMA_20: 11874.1, SMA_50: 11666.56), but the 50-day SMA slope is positive (sma_50_slope_5: 60.8) while the 20-day SMA slope is negative (sma_20_slope_5: -12.4), suggesting a potential short-term weakening trend. Furthermore, the stock is approaching a resistance level at ₹12,021.56, which is 1.06% higher than the current price. The annualized volatility stands at 0.33, and the current drawdown is -0.06, indicating periods of price fluctuation. The broader market context also includes rising crude oil prices and higher US Treasury yields, which have previously weighed on sentiment.

- The stock is trading near a resistance level of ₹12,021.56, which is 1.06% above the current price.
- The 20-day SMA slope is negative (-12.4), contrasting with a positive 50-day SMA slope (60.8), indicating a mixed short-term trend.
- Annualized volatility is 0.33, and the current drawdown is -0.06, reflecting price fluctuations.
- Broader market concerns include rising oil prices and higher US Treasury yields, which can impact investor sentiment.

- Abakkus’ playbook in focus: Seven years without an IT large cap holding and other exceptions
- Shares tumble as rising oil prices and bond yields intensify pressure
- Indian IT stocks rally as AI caution eases disruption fears
- TCS, Infosys, HCLTech, Tech Mahindra, Wipro shares jump; Nifty IT rises 5% in early trade. Here's why
- Infosys, HCLTech, TCS, other IT stocks soar up to 6%; Nifty IT rallies 5% as global AI slowdown calls boost sentiment

### FAQs

**What recent corporate actions involving employee stock plans has Oracle Financial Services Software Limited undertaken?**

On September 5, 2026, the Nomination and Remuneration Committee granted 6,099 OFSS Stock Units and 1,596 Stock Options. Previously, on August 19, 2026, the ESOP Allotment Committee approved the allotment of 7,617 equity shares under the OFSS Stock Plan 2014, increasing the paid-up capital. On August 10, 2026, the Nomination and Remuneration Committee granted 6,411 OFSS Stock Units and 465 Stock Options under the same plan.

**How has Oracle Financial Services Software Limited's stock performed over different periods, and what are the key technical indicators as of September 18, 2026?**

As of September 18, 2026, Oracle Financial Services Software Limited has shown varied returns across different periods. Year-to-date, the stock has returned 0.55, and over the last 6 months, it has returned 0.8. Over the past year, the return was 0.3. On a shorter-term basis, the 1-month return was 0.02, and the 3-month return was 0.27. The stock's closing price was ₹11,896.0. Daily technical indicators show a bullish Supertrend at ₹11,257.18, with the 20-day Exponential Moving Average (EMA) at ₹11,794.49 and the 50-day EMA at ₹11,490.19. Weekly and monthly trends also indicate a bullish Supertrend at ₹9,837.63 and ₹7,278.56, respectively.

**What are the nearest support and resistance levels for Oracle Financial Services Software Limited's stock as of September 18, 2026?**

As of September 18, 2026, the nearest identified resistance levels for Oracle Financial Services Software Limited are at ₹12,021.56 (1.06% higher), ₹12,048.67 (1.28% higher), and ₹12,540.0 (5.41% higher). The nearest support levels are at ₹11,857.33 (0.33% lower), ₹11,738.67 (1.32% lower), and ₹11,547.33 (2.93% lower).

- Abakkus’ playbook in focus: Seven years without an IT large cap holding and other exceptions
- Shares tumble as rising oil prices and bond yields intensify pressure
- Indian IT stocks rally as AI caution eases disruption fears
- TCS, Infosys, HCLTech, Tech Mahindra, Wipro shares jump; Nifty IT rises 5% in early trade. Here's why
- Infosys, HCLTech, TCS, other IT stocks soar up to 6%; Nifty IT rallies 5% as global AI slowdown calls boost sentiment
- Oracle Financial Services Software Limited has informed the Exchange about General Updates |SUBJECT: General Updates
- Oracle Financial Services Software Limited has informed the Exchange about copies of Newspaper Publication published by the Company confirming dispatch of the postal ballot notice. |SUBJECT: Copy of Newspaper Publication
- Oracle Financial Services Software Limited has informed the Exchange regarding 'Allotment of 7,617 equity shares pursuant to the OFSS Stock Plan, 2014'. |SUBJECT: Updates
- Oracle Financial Services Software Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL
- Oracle Financial Services Software Limited has informed the Exchange regarding 'Allotment of 6,411 OFSS Stock Units (OSUs) and 465 Stock Options under OFSS Stock Plan 2014.'. |SUBJECT: Updates
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Uptrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹11,547.33
- Risk regime: Price Risk Currently Contained

### Support levels
- 10831
- 8885.515625
- 8646.5

### Resistance levels
- 12021.5625
- 12540
- 12048.666666666668

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +2.38% |
| return_10 | -2.08% |
| return_1m | +2.35% |
| return_1y | +29.66% |
| return_20 | +0.59% |
| return_3m | +26.56% |
| return_5 | +1.46% |
| return_6m | +80.39% |
| return_since_start | -5.81% |
| return_ytd | +54.74% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | contained_risk |
| label | Price risk currently contained |
| summary | Recent drawdown and price variability remain within the producer's contained-risk thresholds. |
| maximum_drawdown | -50.18% |
| annualized_volatility | +33.16% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue Grows 69% and Profit More Than Doubles

Oracle Financial Services Software Limited reported a 69% year-on-year increase in revenue from operations for the quarter ended 30 June 2026, alongside a 51% rise from the previous quarter. Total expenses grew by 24%, enabling profit after tax to more than double compared to the same quarter last year.

## Revenue and Income

Revenue from operations was ₹3,125.20 crore, up from ₹2,065.20 crore in the March 2026 quarter and ₹1,852.20 crore in Q1 FY2025-26. After including other income of ₹77.60 crore, total income reached ₹3,202.80 crore.

## Expenses and Cost Structure

Total expenses for the quarter were ₹1,264.10 crore, a 24% increase from ₹1,016.40 crore in the previous quarter and from ₹1,019.30 crore in the year-ago quarter. The largest component was employee benefit expense at ₹1,075.30 crore, representing 85% of total expenses. Depreciation and amortisation amounted to ₹14.70 crore, while finance costs were ₹0.70 crore. The growth in expenses was significantly lower than the growth in revenue, indicating operating leverage.

## Profitability

Profit before tax stood at ₹1,938.70 crore, up 73% sequentially and 114% year-on-year. Tax expense was ₹523.20 crore, resulting in an effective tax rate of approximately 27%. Profit after tax was ₹1,415.50 crore, rising 68% from ₹841.70 crore in the March quarter and 121% from ₹641.90 crore a year ago. Basic earnings per share rose to ₹162.59, compared with ₹96.72 in the previous quarter and ₹73.88 in the same quarter last year. Diluted EPS was ₹161.92, virtually identical to basic EPS, reflecting minimal dilutive instruments.

## Balance Sheet

Equity share capital remained unchanged at ₹43.50 crore. Net segment assets as of 30 June 2026 were ₹9,255.70 crore, down 6.8% from ₹9,933.90 crore on 31 March 2026, but 6.4% higher than the ₹8,702.90 crore recorded a year ago. Other comprehensive income was ₹3.50 crore, a significant decline from ₹50.80 crore in the previous quarter.

## Segment Reporting

The company operates as a single segment. Segment revenue from operations equalled total revenue from operations in each quarter.

## Key Takeaway

The quarter’s revenue growth of 69% year-on-year and 51% sequentially comfortably outpaced the 24% rise in total expenses, driving profit after tax to more than double from the year-ago period. Employee costs continued to dominate the cost structure at 85% of total expenses. Net segment assets decreased from the prior quarter but remained above the prior-year level.

### Ratios

## Official filings

- 2026-09-05 — Generic Announcement: Oracle Financial Services Software Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS01_05092026222648_OFSSIntimationtoSEGrantofOptionsSept52026sd.pdf)
- 2026-09-03 — Generic Announcement: Oracle Financial Services Software Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS01_03092026125311_LettertoSE.pdf)
- 2026-08-19 — Generic Announcement: Oracle Financial Services Software Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS_19082026110239_InitimationofESOPAllotmentAugust192026.pdf)
- 2026-08-19 — Generic Announcement: Oracle Financial Services Software Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_2021_WebXMLFile_20260819_111238470.xml)
- 2026-08-10 — Generic Announcement: Oracle Financial Services Software Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS_10082026153459_OFSSIntimationtoSEGrantofOptionsAugust102026.pdf)
- 2026-08-05 — Generic Announcement: Oracle Financial Services Software Limited (OFSS) held its 37th Annual General Meeting on July 23, 2026. During the meeting, Makarand Padalkar stepped down as MD & CEO, succeeded by Vinay Ketkar, with Manish Bhandari becoming CFO. The company reported for fiscal year 2025-26 a revenue increase of 12% to 76.7 billion rupees and net income growth of 11% to 26.4 billion rupees, with a total dividend of 400 rupees per equity share declared. Discussions focused on the impact and integration of Artificial Intelligence (AI) in financial services and OFSS's strategic positioning. — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS_05082026160544_OFSSLettertoSETranscriptAGM2026sd.pdf)
- 2026-07-27 — Generic Announcement: The 37th Annual General Meeting of Oracle Financial Services Software Limited was held on July 23, 2026, via Video Conferencing. The meeting included voting on resolutions such as adopting financial statements, confirming interim dividends totaling ₹400 per equity share for the financial year ended March 31, 2026, re-appointing directors Kimberly Woolley and Gopala Ramanan Balasubramaniam, and approving director commission payments for five years starting April 1, 2027. Voting results and a consolidated scrutinizer's report were submitted on July 27, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS_27072026161827_LettertoSEVotingResultsAGM2026.pdf)
- 2026-07-24 — Generic Announcement: Wonderla Holidays Limited will hold its 24th Annual General Meeting on August 19, 2026, via Video Conferencing. The company recommended a final dividend of Rs. 2.00 per equity share for the financial year ended March 31, 2026, with a record date of August 7, 2026, and dividend credit on or after August 21, 2026. Remote e-voting will be open from August 15 to August 18, 2026, for shareholders of record as of August 13, 2026. The Register of Members and Share Transfer books will be closed from August 14 to August 19, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS_24072026171615_OFSSIntimationtoSENewspaperadvt.pdf)
- 2026-07-23 — Generic Announcement: Oracle Financial Services Software Limited stock price breached the 3% material price movement band on July 23, 2026, following a CNBC TV18 report suggesting Oracle Corp may sell a stake in the company. The company stated it has no knowledge of such developments and has not received any communication regarding the news. This clarification follows the company's Q1 FY27 results announcement on July 22, 2026, which also disclosed the resignation of MD & CEO Makarand Padalkar and the elevation of CFO Avadhut Ketkar to MD & CEO. — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS01_23072026151541_MPMClarificationJuly232026sd.pdf)
- 2026-07-23 — Generic Announcement: Oracle Financial Services Software Limited held its 37th Annual General Meeting on July 23, 2026, via Video Conferencing. The meeting included the adoption of financial statements for the year ended March 31, 2026, confirmation of interim dividends totaling ₹400 per equity share, and appointments of directors. A special business item approved director commission not exceeding one percent of net profits annually for five years starting April 1, 2027. Leadership changes were announced, with Avadhut Ketkar appointed as new Managing Director and Chief Executive Officer, and Manish Bhandari as Chief Financial Officer. — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS_23072026165122_OFSS_Letter_to_SE_Proceedings_of_AGM_2026sd.pdf)
- 2026-07-22 — Generic Announcement: Effective July 24, 2026, Oracle Financial Services Software Limited has updated the Key Managerial Personnel authorized to determine materiality of events or information. The authorized personnel include Avadhut Ketkar, Managing Director and Chief Executive Officer, and Manish Bhandari, Chief Financial Officer. Mr. Onkarnath Banerjee, Company Secretary & Compliance Officer, will serve as the single point of contact for these matters. — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS_22072026194408_OFSSAuthorisedKMPforDisclosureofmateriality.pdf)
- 2026-07-22 — Press Release: Oracle Financial Services Software Limited reported unaudited financial results for the quarter ended June 30, 2026, with revenue at Rs. 3,125 Crore (up 69% YoY) and net income at Rs. 1,416 Crore (up 121% YoY). The company also announced executive changes: Makarand Padalkar resigned as MD & CEO, effective July 23, 2026, and Avadhut Ketkar was appointed as the new MD & CEO, effective July 24, 2026. Manish Bhandari will become the new CFO. — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS_22072026183539_CoveringLetterOFSSPressRelease22072026sd.pdf)
- 2026-07-22 — Management Change: Oracle Financial Services Software Limited's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026. They also approved the appointment of Mr. Andrew Mark Morawski as an Additional Director effective July 22, 2026, and Mr. Avadhut Ketkar as Managing Director and CEO from July 24, 2026, to July 23, 2029. Mr. Makarand Padalkar resigned as MD and CEO effective July 23, 2026, and Mr. Manish Bhandari was appointed CFO effective July 24, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS_22072026185546_Outcome_of_Board_Meeting_22072026sd.pdf)
- 2026-07-22 — Official Filing: Oracle Financial Services Software Limited (OFSS) allotted 3,371 equity shares under its ESOP/ESPS on July 22, 2026. This allotment increased the company's paid-up share capital from INR 435,360,695 to INR 435,377,550, and the number of paid-up shares from 87,072,139 to 87,075,510. The board approved the issuance on August 7, 2014.
- 2026-07-22 — Generic Announcement: On July 22, 2026, Oracle Financial Services Software Limited's ESOP Allotment Committee approved the allotment of 3,371 equity shares to employees who exercised stock options under the OFSS Stock Plan 2014. This allotment increased the company's paid-up capital to Rs. 435,377,550, comprising 87,075,510 equity shares. No shares were allotted to directors in this transaction. — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS01_22072026113652_InitimationofESOPAllotmentJuly222026.pdf)
- 2026-07-22 — Management Change: Oracle Financial Services Software Limited's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026. They also approved the appointment of Mr. Andrew Mark Morawski as an Additional Director effective July 22, 2026, and Mr. Avadhut Ketkar as Managing Director and CEO from July 24, 2026, to July 23, 2029. Mr. Makarand Padalkar resigned as MD and CEO effective July 23, 2026, and Mr. Manish Bhandari was appointed CFO effective July 24, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS_22072026184458_Outcome_of_Board_Meeting_22072026sd.pdf)
- 2026-07-22 — Official Filing: Oracle Financial Services Software Limited's Board of Directors met on July 22, 2026, and accepted the resignation of Makarand Padalkar as Executive Director, effective July 23, 2026, due to his desire to focus on personal priorities. The board also appointed Avadhut Ketkar as Executive Director and CEO-MD, effective July 24, 2026, and Andrew Mark Morawski as Non-Executive Non-Independent Director, effective July 22, 2026.
- 2026-07-22 — Management Change: Oracle Financial Services Software Limited's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026. They also approved the appointment of Mr. Andrew Mark Morawski as an Additional Director effective July 22, 2026, and Mr. Avadhut Ketkar as Managing Director and CEO from July 24, 2026, to July 23, 2029. Mr. Makarand Padalkar resigned as MD and CEO effective July 23, 2026, and Mr. Manish Bhandari was appointed CFO effective July 24, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS_22072026184622_Outcome_of_Board_Meeting_22072026sd.pdf)
- 2026-07-22 — Generic Announcement: Oracle Financial Services Software Limited's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026. They also approved the appointment of Mr. Andrew Mark Morawski as an Additional Director effective July 22, 2026, and Mr. Avadhut Ketkar as Managing Director and CEO from July 24, 2026, to July 23, 2029. Mr. Makarand Padalkar resigned as MD and CEO effective July 23, 2026, and Mr. Manish Bhandari was appointed CFO effective July 24, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS_22072026183204_Outcome_of_Board_Meeting_22072026sd.pdf)
- 2026-07-22 — Generic Announcement: Oracle Financial Services Software Limited's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026. They also approved the appointment of Mr. Andrew Mark Morawski as an Additional Director effective July 22, 2026, and Mr. Avadhut Ketkar as Managing Director and CEO from July 24, 2026, to July 23, 2029. Mr. Makarand Padalkar resigned as MD and CEO effective July 23, 2026, and Mr. Manish Bhandari was appointed CFO effective July 24, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS_22072026183748_Outcome_of_Board_Meeting_22072026sd.pdf)
- 2026-07-22 — Generic Announcement: Oracle Financial Services Software Limited's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026. They also approved the appointment of Mr. Andrew Mark Morawski as an Additional Director effective July 22, 2026, and Mr. Avadhut Ketkar as Managing Director and CEO from July 24, 2026, to July 23, 2029. Mr. Makarand Padalkar resigned as MD and CEO effective July 23, 2026, and Mr. Manish Bhandari was appointed CFO effective July 24, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS_22072026183331_Outcome_of_Board_Meeting_22072026sd.pdf)
- 2026-07-22 — Management Change: Oracle Financial Services Software Limited's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026. They also approved the appointment of Mr. Andrew Mark Morawski as an Additional Director effective July 22, 2026, and Mr. Avadhut Ketkar as Managing Director and CEO from July 24, 2026, to July 23, 2029. Mr. Makarand Padalkar resigned as MD and CEO effective July 23, 2026, and Mr. Manish Bhandari was appointed CFO effective July 24, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS_22072026184907_Outcome_of_Board_Meeting_22072026sd.pdf)
- 2026-07-08 — Generic Announcement: Oracle Financial Services Software Limited has submitted a certificate for the quarter ended June 30, 2026, confirming compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The company's Registrar and Transfer Agent, KFin Technologies Limited, certified that no securities were dematerialized or rematerialized during this period. — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS_08072026141630_LettertoSE74_5_30062026sd.pdf)
- 2026-07-06 — Generic Announcement: On July 5, 2026, the Nomination and Remuneration Committee of Oracle Financial Services Software Limited granted 6,494 OFSS Stock Units and 3,660 Stock Options under the OFSS Stock Plan 2014 to an employee. These grants will vest and can be exercised according to the plan's defined schedule and period. — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS_06072026152033_OFSSIntimationtoSEGrantofOptionsJuly52026.pdf)
- 2026-06-30 — Generic Announcement: Oracle Financial Services Software Limited will close its trading window for equity shares from July 1, 2026, until 48 hours after the declaration of financial results for the quarter ending June 30, 2026. This closure is in accordance with the company's Code of Conduct for Trading. The company secretary and compliance officer, Onkarnath Banerjee, signed the notice on June 30, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/OFSS_30062026110956_OFSSIntimationClosureoftradingwindow30June2026.pdf)

## News and market events

- 2026-09-17 — MONEYCONTROL: **Abakkus’ playbook in focus: Seven years without an IT large cap holding and other exceptions** — Abakkus — [Source](https://www.moneycontrol.com/news/business/markets/abakkus-playbook-in-focus-seven-years-without-an-it-large-cap-holding-and-other-exceptions-14031890.html)
- 2026-09-15 — BUSINESS: **Shares tumble as rising oil prices and bond yields intensify pressure** — The key equity benchmarks ended sharply lower on Tuesday, reversing early gains. Rising crude oil prices and higher US Treasury yields weighed on sentiment. The sell-off intensified as investors awaited the US Federal Reserve's policy decision on Wednesday. The Fed is widely expected to raise interest rates by 25 basis points. — [Source](https://www.business-standard.com/markets/capital-market-news/shares-tumble-as-rising-oil-prices-and-bond-yields-intensify-pressure-126091500871_1.html)
- 2026-09-15 — BUSINESS: **Indian IT stocks rally as AI caution eases disruption fears** — Indian IT stocks rallied sharply on Tuesday as concerns over AI-driven disruption eased. — [Source](https://www.business-standard.com/markets/capital-market-news/indian-it-stocks-rally-as-ai-caution-eases-disruption-fears-126091500282_1.html)
- 2026-09-15 — BUSINESSTODAY: **TCS, Infosys, HCLTech, Tech Mahindra, Wipro shares jump; Nifty IT rises 5% in early trade. Here's why** — Nifty IT, Indian IT stocks, TCS, Infosys, HCLTech, Tech Mahindra, Wipro, AI development, artificial intelligence, frontier AI, AI spending, AI infrastructure, US tech stocks, Nasdaq, Donald Trump, Sam Altman, Elon Musk, Satya Nadella, AI risks, AI debate, Indian IT sector — [Source](https://www.businesstoday.in/markets/stocks/story/tcs-infosys-hcltech-tech-mahindra-wipro-shares-jump-nifty-it-rises-5-in-early-trade-heres-why-555507-2026-09-15)
- 2026-09-15 — Economic Times: **Infosys, HCLTech, TCS, other IT stocks soar up to 6%; Nifty IT rallies 5% as global AI slowdown calls boost sentiment** — Indian IT stocks rallied up to 6% after calls from Anthropic and OpenAI leaders for a slower pace of AI development eased fears of disruption from AI. Infosys, HCLTech, LTIMindtree and Mphasis gained around 6%, while TCS and Tech Mahindra rose over 5%, pushing the Nifty IT index up about 5%. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/infosys-hcltech-tcs-other-it-stocks-soar-up-to-6-nifty-it-rallies-5-as-global-ai-slowdown-calls-boost-sentiment/articleshow/134251675.cms)
- 2026-08-28 — Economic Times: **HCLTech, TCS, Infosys, other IT stocks rally up to 5%. What lies ahead?** — Indian IT stocks surged sharply, led by gains in largecap names, after Nvidias strong results and upbeat revenue outlook revived optimism around the global AI spending cycle. The rally came despite lingering concerns over AI disruption and mixed brokerage views on the sector. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/hcltech-tcs-infosys-other-it-stocks-rally-up-to-5-what-lies-ahead/articleshow/133584340.cms)
- 2026-08-15 — Mint: **These 5 stocks are paying out more than their profits in dividends | Stock Market News** — High dividend payouts can signal strong cash generation—but investors need to assess whether companies can sustain them without compromising future growth. — [Source](https://www.livemint.com/market/stock-market-news/these-5-stocks-are-paying-out-more-than-their-profits-in-dividends-11786726883470.html)
- 2026-07-29 — Economic Times: **FIIs cut stakes in 7 Nifty IT stocks. Then the index surged 16% in July** — Foreign investors reduced stakes in most Nifty IT stocks during the June quarter. Oracle Financial Services Software saw the largest foreign investor stake increase. Mutual funds also cut holdings in nine of ten Nifty IT companies. Some foreign investors now see opportunities in beaten-down IT valuations. Sector growth faces challenges from artificial intelligence and global economic factors. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/fiis-cut-stakes-in-7-nifty-it-stocks-then-the-index-surged-16-in-july/articleshow/132699326.cms)
- 2026-07-23 — CNBC-TV18: **Oracle may sell stake in OFSS to gauge investor appetite amid credit pressure: Exclusive** — According to sources, Oracle Corp has sent out feelers to investors to gauge interest in acquiring a stake in OFSS. The size of the proposed stake sale has not yet been finalised and will depend on investor appetite. — [Source](https://www.cnbctv18.com/market/oracle-financial-share-price-parent-may-sell-stake-exclusive-company-clarification-q1-results-19952358.htm)
- 2026-07-23 — CNBC-TV18: **Sensex, Nifty fall explained: What's weighing on Indian markets?** — Banks and financial stocks weighed on the benchmarks during the session, tracking moves in the rupee and bond yields. The Nifty Bank index fell 535 points to close at 56,592. — [Source](https://www.cnbctv18.com/market/sensex-nifty-fall-explained-whats-weighing-on-indian-markets-19952378.htm)
- 2026-07-23 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty recovers 100 points off lows; market recovers** — Sensex Today | Stock Market LIVE Updates: The markets remain under pressure as Crude continues to stretch the bulls. The Nifty is down nearly 100 points, falling below the 23,900 on this weekly expiry day. The Nifty bank is down 350 points, falling to 56,700. Dr Reddy's, Nestle, Infosys. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-crude-hpcl-drl-indusind-eternal-infosys-sona-blw-share-price-liveblog-19951892.htm)
- 2026-07-23 — The Hindu: **Q1 Results Today LIVE: Infosys, Mphasis, IndiGo, Cipla, Meesho, Cyient, PVR INOX, IEX, VMM to announce Q1 results today, Eternal gains, NTPC Green zooms 9%, Dr Reddy’s Lab, IndusInd Bank, Nestle & HPCL shares in red following Q1 results** — Q1 Results Today Live Updates, July 23, 2026: Follow businessline for more — [Source](https://www.thehindubusinessline.com/markets/fy27-q1-results-today-live-infosys-indigo-mphasis-vishal-mega-mart-cipla-meesho-cyient-pvr-inox-nestle-adani-power-adani-green-tata-comm-eternal-indusind-dr-reddy-results-23-july-2026/article71252790.ece)
- 2026-07-23 — The Hindu: **Sensex today | Stock Market Live: Sensex down 120 pts, Nifty below 24,000; Dr Reddy's hit 52-week low after Q1 profit falls 69%** — Sensex, Nifty, Share Prices LIVE: Sensex traded 357.83 pts or 0.47% lower at 76,397.22 at 9.17 am after opening at 76,515.10 from the previous close of 76,755.05; Nifty 50 fell 101.30 pts or 0.42% to 23,894.95 — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-23-july-2026/article71253376.ece)
- 2026-07-23 — Mint: **Oracle Financial Services share price jumps 5% on strong Q1 results: Do you own? | Stock Market News** — Oracle Financial Services Software shares rose 5% after a strong Q1 report, posting a 121% increase in net profit to ₹1,416 crore. Revenue surged 69% to ₹3,125 crore, driven by a significant one-time licensing agreement with a customer. — [Source](https://www.livemint.com/market/stock-market-news/oracle-financial-services-share-price-jumps-5-on-strong-q1-results-should-you-buy-sell-or-hold-ofss-share-11784778345151.html)
- 2026-07-23 — CNBC-TV18: **Oracle Financial Services shares in focus after strong Q1 show** — Shares of Oracle Financial Services were among the worst performers on the Nifty 500 on Wednesday, ending 7.5% lower at ₹10,777. Despite the fall, the stock is still up 40% so far in 2026 and is the only Nifty IT constituent trading with year-to-date gains. — [Source](https://www.cnbctv18.com/market/oracle-financial-services-share-price-strong-q1-results-nifty-it-outperformer-in-2026-ceo-change-outlook-19951894.htm)
- 2026-07-22 — CNBC-TV18: **Oracle Financial Services Q1 profit jumps 68% QoQ to ₹1,416 crore** — OFSS profit jumped 68.2% to ₹1,416 crore in Q1FY27, revenue up 51.3% to ₹3,125 crore, driven by a one-off deal. Makarand Padalkar resigned, Avadhut Ketkar is new CEO. — [Source](https://www.cnbctv18.com/market/stocks/oracle-financial-services-share-price-q1-profit-jumps-68-qoq-to-rs-1416-crore-19951739.htm)
- 2026-07-22 — CNBC-TV18: **FIIs turn sellers again after a day's pause as markets end lower** — Foreign institutional investors resumed selling Indian equities on Wednesday, while domestic institutional investors also remained net sellers, as broad-based weakness dragged the Sensex down 715 points and pushed the Nifty below 24,000. — [Source](https://www.cnbctv18.com/market/fiis-data-today-turn-sellers-again-after-a-days-pause-as-markets-end-lower-diis-sell-19951703.htm)

## Business profile

**Strategic vision:** Provides financial and insurance technology solutions globally.

### Business segments
- **Analytical Applications:** Provides tools for financial analysis within institutions.
- **Lending and Leasing:** Solutions for managing the lifecycle of loans and leasing operations, available on-premises and as cloud services.
- **Core Banking Solutions:** A suite of integrated applications that underpin critical banking functions, including accounts, branch operations, cash management, and payments.

### Competitive strengths
- Specialization in financial and insurance technology
- Leverages AI-driven applications and cloud services

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/ofss
Markdown representation: https://faxioms.com/stocks/ofss?render=md