Industry Profile: India is the world’s largest sourcing destination for the information technology (IT) industry. IT and ITeS have significantly impacted India’s overall growth and development. India is home to some of the world’s top IT companies. Some of the leading IT firms in India are TCS, Tech Mahindra Limited, Infosys Technologies Limited, Patni Computer Systems Limited, Wipro Technologies Limited, Oracle Financial (I-Flex Solutions Ltd), Mahindra Satyam Computer Services Limited, Mphasis, HCL Technologies Limited, and Larsen & Toubro Infotech Limited. The industry employs about 10 million workforces. More importantly, the industry has led the country’s economic transformation and altered India’s perception of the global economy. The IT industry has also created significant demand in the Indian education sector, especially in engineering and computer science. The Indian IT and ITeS industry is divided into four major segments – IT services, Business Process Management (BPM), software products and engineering services, and hardware.
Due to exports, India’s IT industry amounts to 12.3 percent of the global market. Indian IT companies have, in recent years, started expanding their global footprint through the global delivery model to service their clients’ needs seamlessly. Industry analysts expect the top IT firms to grow between 23% and 27% in 2012 based on an increased number of discretionary projects, improved pricing, and robust business volumes. The Indian IT sector is expected to grow at a 12-14 percent rate for FY2016-17 in constant currency terms. The industry is expected to triple its annual revenue to reach US$ 350 billion by FY 2025.
Company Profile: Oracle Financial Services Software Limited (of) is a subsidiary of Oracle Corporation. It is an IT solution provider to the banking industry. It claims to have more than 900 customers in over 145 countries. Oracle Financial Services Software Limited is ranked No. 9 among IT companies in India. Oracle Financial Services Software Limited has two main streams of business. The products division (formerly called BPD – Banking products Division) and PrimeSourcing. The company’s offerings cover retail, corporate and investment banking, funds, Fraud tracking, cash management, trade, treasury, payments, lending, private wealth management, asset management, and business analytics.
Shareholding Pattern: BSE Data
Financial and ratios : [table id=121 /]
Future prospectus: Oracle, one of the leading MNCs, is a promoter, and there were always rumors that this company would delist. But it is not taking place. I don’t want to comment on it. But the moment you think of some companies as MNCs, the valuation is at a different level for such a company. While writing this post. The company is not showing it.
