Oracle Financial Services Software Limited — Quarter and year ended March 31, 2026
Oracle Financial Services Software Limited — Audited standalone financial results for the three month period and year ended March 31, 2026 (₹ in million, except per share data)
| Particulars | Three month period ended | Year ended | |||
|---|---|---|---|---|---|
| March 31, 2026 | December 31, 2025 | March 31, 2025 | March 31, 2026 | March 31, 2025 | |
| Audited | Unaudited | Audited | Audited | Audited | |
| 1. INCOME | |||||
| (a) Revenue from operations | 15,663 | 14,527 | 12,895 | 57,167 | 50,991 |
| (b) Other income | 4,901 | 638 | 15,797 | 6,800 | 17,210 |
| Total income | 20,564 | 15,165 | 28,692 | 63,967 | 68,201 |
| 2. EXPENSES | |||||
| (a) Employee benefit expenses | 5,345 | 6,318 | 5,330 | 22,678 | 20,905 |
| (b) Travel related expenses | 182 | 219 | 235 | 830 | 896 |
| (c) Professional fees | 414 | 65 | 334 | 1,579 | 1,325 |
| (d) Finance cost | 5 | 5 | 5 | 22 | 13 |
| (e) Depreciation and amortization | 133 | 135 | 145 | 563 | 598 |
| (f) Other expenses | 487 | 436 | 223 | 2,184 | 1,363 |
| Total expenses | 6,566 | 7,178 | 6,272 | 27,856 | 25,100 |
| 3. Profit before tax | 13,998 | 7,987 | 22,420 | 36,111 | 43,101 |
| 4. Tax expense | |||||
| (a) Current tax | 2,987 | 1,948 | 3,934 | 8,709 | 9,561 |
| (b) Deferred tax | (100) | (98) | 131 | (344) | 33 |
| Total tax expense | 2,887 | 1,850 | 4,065 | 8,365 | 9,594 |
| 5. Net profit for the period | 11,111 | 6,137 | 18,355 | 27,746 | 33,507 |
| 6. Other comprehensive income / (loss) | |||||
| (a) Items that will not be reclassified subsequently to profit or loss | |||||
| (i) Remeasurement gains / (losses) of defined benefit plan | 86 | 45 | (33) | 163 | (56) |
| (ii) Income tax effect | (21) | (12) | 8 | (41) | 14 |
| (b) Items that will be reclassified subsequently to profit or loss | |||||
| (i) Exchange differences on translation of financial statements of foreign branches | (1) | * | 1 | 2 | 10 |
| Total other comprehensive income / (loss) for the period, net of tax | 64 | 33 | (24) | 124 | (32) |
| 7. Total Comprehensive Income for the period, net of tax | 11,175 | 6,170 | 18,331 | 27,870 | 33,475 |
| 8. Paid up equity share capital (face value ₹ 5 each, fully paid) | 435 | 435 | 434 | 435 | 434 |
| 9. Reserve excluding Revaluation Reserves as per balance sheet | – | – | – | 69,710 | 75,186 |
| 10. Earnings per equity share (face value ₹ 5 each, fully paid) | |||||
| (a) Basic (in ₹) | 127.68 | 70.55 | 211.37 | 319.10 | 386.19 |
| (b) Diluted (in ₹) | 127.20 | 70.26 | 210.26 | 317.60 | 383.73 |
Notes to financial results (standalone)
- The audited standalone financial results for three month period and year ended March 31, 2026 have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at its meeting held on April 22, 2026. There are no qualifications in the report issued by the statutory auditors.
- These financial results have been prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013 read with relevant rules of the Companies (Indian Accounting Standards) Rules, 2015 (as amended) and other accounting principles generally accepted in India.
- The figures for the three month period ended March 31, 2026 and March 31, 2025 are the balancing figures between audited figures in respect of the full financial year ended March 31, 2026 and March 31, 2025 respectively and unaudited published year-to-date figures up to December 31, 2025 and December 31, 2024 respectively, being the end of the third quarter of the respective financial years, which were subjected to limited review.
- During the three month period and year ended March 31, 2026, the Company allotted 18,232 and 172,032 equity shares respectively, of face value of ₹ 5 each on exercise of stock options by the eligible employees under the prevailing Employee Stock Option Plan (‘ESOP’) schemes of the Company.
- On November 21, 2025, the Government of India notified four Labour Codes (‘The New Labour Code’), consolidating existing labour laws. In accordance with Ind AS 19, changes to the employee benefit plans arising from legislative amendments are treated as plan amendments, requiring immediate recognition of past service cost in the statement of profit and loss. Considering the requirements of The New Labour Code, draft rules and FAQs, the Company has recorded provision for employee benefit expense of ₹ 263 million and ₹ 752 million for the three month period and year ended March 31, 2026 respectively. The Company continues to monitor the finalisation of Central / State Rules and clarification from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as needed.
Other income (standalone)
| Particulars | Three month period ended | Year ended | |||
|---|---|---|---|---|---|
| March 31, 2026 | December 31, 2025 | March 31, 2025 | March 31, 2026 | March 31, 2025 | |
| Audited | Unaudited | Audited | Audited | Audited | |
| (a) Finance income | 465 | 402 | 533 | 2,045 | 2,069 |
| (b) Exchange gain / (loss) | 76 | 44 | 41 | 193 | (118) |
| (c) Miscellaneous income | 26 | 25 | 24 | 61 | 60 |
| (d) Reversal of provision for diminution in value of investment in subsidiary company | – | 167 | – | 167 | – |
| (e) Dividend from subsidiary companies | 4,334 | – | 15,199 | 4,334 | 15,199 |
| Total | 4,901 | 638 | 15,797 | 6,800 | 17,210 |
Statement of assets and liabilities (standalone) — continued (₹ in million)
| Particulars | As at March 31, 2026 Audited | As at March 31, 2025 Audited |
|---|---|---|
| 2 Current assets | ||
| (a) Financial assets | ||
| (i) Trade receivables | 9,899 | 8,596 |
| (ii) Cash and cash equivalents | 2,207 | 2,204 |
| (iii) Other bank balances | 39,050 | 45,884 |
| (iv) Other financial assets | 2,677 | 3,067 |
| (b) Other current assets | 2,604 | 2,105 |
| TOTAL – ASSETS | 56,437 | 61,856 |
| 78,633 | 83,280 | |
| B EQUITY AND LIABILITIES | ||
| 1 Equity | ||
| (a) Equity share capital | 435 | 434 |
| (b) Other equity | 69,710 | 75,186 |
| 70,145 | 75,620 | |
| 2 Non-current liabilities | ||
| (a) Financial liabilities | ||
| (i) Lease liabilities | 172 | 219 |
| (b) Other non-current liabilities | – | 8 |
| (c) Employee benefit obligations | 2,927 | 2,179 |
| 3,099 | 2,406 | |
| 3 Current liabilities | ||
| (a) Financial liabilities | ||
| (i) Lease liabilities | 47 | 107 |
| (ii) Trade payables | ||
| – Payable to micro and small enterprises | 12 | 3 |
| – Payable to other than micro and small enterprises | 247 | 220 |
| (iii) Other financial liabilities | 1,400 | 1,545 |
| (b) Income tax liabilities (net) | 8 | 10 |
| (c) Other current liabilities | 1,718 | 1,622 |
| (d) Employee benefit obligations | 1,957 | 1,747 |
| 5,389 | 5,254 | |
| TOTAL – EQUITY AND LIABILITIES | 78,633 | 83,280 |
Statement of cash flows (standalone) — year ended March 31 (₹ in million)
| Particulars | For the year ended March 31, 2026 Audited | For the year ended March 31, 2025 Audited |
|---|---|---|
| Cash flows from operating activities | ||
| Profit before tax | 36,111 | 43,101 |
| Adjustments to reconcile profit before tax to cash provided by operating activities: | ||
| – Depreciation and amortization | 563 | 598 |
| – Loss / (profit) on sale of property, plant and equipment | 3 | (4) |
| – Employee stock compensation expense | 943 | 977 |
| – Finance income | (2,045) | (2,059) |
| – Dividend from subsidiary companies | (4,334) | (15,199) |
| – Finance cost | 22 | 13 |
| – Effect of exchange rate changes in cash and cash equivalents | (159) | (49) |
| – Effect of exchange rate changes in assets and liabilities | (1,181) | 176 |
| – Reversal of provision for diminution in value of investment in subsidiary company | (167) | – |
| Impairment loss recognized / (reversed) on contract assets | 146 | (517) |
| Impairment loss (reversed) / recognized on other financial assets | (25) | 11 |
| Bad debts | 144 | 505 |
| Deferred rent | (35) | 35 |
| Total | 29,986 | 27,578 |
| Movements in operating assets and liabilities | ||
| (Increase) in other non-current assets | (34) | (43) |
| (Increase) in trade receivables | (784) | (526) |
| Decrease in other current financial assets | 392 | 2,027 |
| (Increase) in other current assets | (492) | (88) |
| Increase in non-current employee benefit obligations | 878 | 304 |
| Increase in trade payables | 17 | 21 |
| (Decrease) / increase in other current financial liabilities | (147) | 12 |
| Increase / (decrease) in other current liabilities | 131 | (156) |
| (Decrease) in other non-current liabilities | (8) | (42) |
| Increase in current employee benefit obligations | 203 | 302 |
| Cash from operating activities | 30,142 | 29,389 |
| Payment of domestic and foreign taxes, net of refunds | (8,856) | (9,779) |
| Net cash provided by operating activities | 21,286 | 19,610 |
| Cash flows from investing activities | ||
| Purchase of property, plant and equipment | (496) | (345) |
| Proceeds from sale of property, plant and equipment | – | 6 |
| Refund / (placement) of deposits for premises and others | 420 | (19) |
| Dividend from subsidiary companies | 4,334 | 15,199 |
| Bank fixed deposits having maturity of more than three months matured | 53,290 | 20,130 |
| Bank fixed deposits having maturity of more than three months booked | (46,630) | (46,340) |
| Interest received | 2,049 | 1,120 |
| Net cash provided by / (used in) investing activities | 12,967 | (10,249) |
| Cash flows from financing activities | ||
| Proceeds from issue of shares under employee stock option plan | 44 | 127 |
| Equity dividend paid | (34,324) | (20,806) |
| Interest paid on lease liabilities | (22) | (13) |
| Repayment of lease liabilities | (107) | (179) |
| Net cash (used in) financing activities | (34,409) | (20,871) |
| Net (decrease) in cash and cash equivalents | (156) | (11,510) |
| Cash and cash equivalents at beginning of the year | 2,204 | 13,665 |
| Effect of exchange rate changes in cash and cash equivalents | 159 | 49 |
| Cash and cash equivalents at end of the year | 2,207 | 2,204 |
| Component of cash and cash equivalents | ||
| Total cash and cash equivalents at the end of the year | 2,207 | 2,204 |
Oracle Financial Services Software Limited — Audited consolidated financial results for the three month period and year ended March 31, 2026 (₹ in million, except per share data)
| Particulars | Three month period ended | Year ended | |||
|---|---|---|---|---|---|
| March 31, 2026 (Audited) | December 31, 2025 (Unaudited) | March 31, 2025 (Audited) | March 31, 2026 (Audited) | March 31, 2025 (Audited) | |
| 1. INCOME | |||||
| (a) Revenue from operations | 20,652 | 19,659 | 17,163 | 76,721 | 68,468 |
| (b) Other income | 713 | 605 | 819 | 2,706 | 3,042 |
| Total income | 21,365 | 20,264 | 17,982 | 79,427 | 71,510 |
| 2. EXPENSES | |||||
| (a) Employee benefit expenses | 8,226 | 9,572 | 8,110 | 34,338 | 32,047 |
| (b) Travel related expenses | 323 | 355 | 347 | 1,373 | 1,439 |
| (c) Professional fees | 1,035 | 1,079 | 767 | 3,960 | 2,721 |
| (d) Finance cost | (79) | 69 | (93) | 25 | 5 |
| (e) Depreciation and amortization | 154 | 158 | 169 | 654 | 691 |
| (f) Other expenses | 505 | 457 | 292 | 2,276 | 1,498 |
| Total expenses | 10,164 | 11,690 | 9,592 | 42,626 | 38,401 |
| 3. Profit before tax | 11,201 | 8,574 | 8,390 | 36,801 | 33,109 |
| 4. Tax expenses | |||||
| (a) Current tax | 2,971 | 2,625 | 3,863 | 10,638 | 10,952 |
| (b) Deferred tax | (187) | (147) | (1,912) | (230) | (1,639) |
| Total tax expenses | 2,784 | 2,478 | 1,951 | 10,408 | 9,313 |
| 5. Net profit for the period | 8,417 | 6,096 | 6,439 | 26,393 | 23,796 |
| 6. Other comprehensive income | |||||
| (a) Items that will not be reclassified subsequently to profit or loss | |||||
| (i) Remeasurement gains / (losses) of defined benefit plan | 88 | 45 | (36) | 165 | (59) |
| (ii) Income tax effect | (22) | ( |