Overview Of Orbis Financial Unlisted Shares

Orbis Financial Unlisted Shares Sector At Glance: Financial Services

The global financial services market, with Western Europe as the leading region followed by North America, expanded from $25,848.74 billion in 2022 to $28,115.02 billion in 2023, reflecting a compound annual growth rate (CAGR) of 8.8%. The market is projected to reach a value of $37,484.37 billion by 2027, growing at a CAGR of 7.5%. Companies within the industry are increasingly adopting digitalization to modernize their processes, which in turn is driving higher consumer demand and intensifying competition. Additionally, many firms are making substantial investments in data analytics to gain deeper insights into client segments and product penetration.

About Orbis Financial Unlisted Shares:

Incorporated in November 2005, Orbis Financial Corporation offers various financial services, including investor servicing, custody, fund accounting, derivatives clearing, and trustee services. Based in Gurugram, Haryana, the company is a SEBI-registered custodian and clearing member across all market segments. It holds an "ICRA A-" long-term and "ICRA A2+" short-term credit rating for its non-fund. As of 31st March 2023, the company has assets under custody amounting to Rs 81,160 crore, a custody client base of 2,726, an employee count of 121, and a shareholder base of 744. The average volume across cash and derivative markets is Rs 13,000 crore daily. During the year, Orbis Financial unlisted shares spent Rs 65.93 lakhs on various CSR activities. The company's clients include domestic and foreign institutional investors, foreign portfolio investors, corporations, and high-net-worth individuals.

Awards And Recognitions For Orbis Financial Unlisted Shares:

Orbis Financial Unlisted Shares has received several awards and recognitions over the years. In 2022 and 2021, the company was honored with the Momentum Award from CDSL. In 2019, it received the NSDL Star Performer Award. Additionally, in 2017, Orbis Financial was recognized as a Market Outperformer and a Category Outperformer as per the Global Custodian Indian Domestic Survey.

Orbis Financial Unlisted Shares & Its Board: 

Orbis Financial Unlisted Shares is led by a distinguished board of directors. Atul Gupta serves as the Founder and executive Chairman, while Shyam Sunder Agarwal holds the position of Managing Director and chief Executive Officer. S.A.R. Acharya and Pranay Kothari are Independent Directors. Rup Chand Jain and Manasi Gupta serve as Non-Executive Directors, and Nikhil Godika is an Additional Director.

Peers & Competitors Of Orbis Financial Unlisted Shares:

Orbis Financial Unlisted Shares face competition from several peers in the financial services industry, including Axis Bank, BNP Paribas, Deutsche Bank, Standard Chartered, and Edelweiss.

Key Financial Figures of Orbis Financial Unlisted Shares:

The current assets of Orbis Financial Unlisted Shares increased from Rs 3,213.75 crore in FY22 to Rs 4,658.06 crore in FY23, primarily due to increased investments, trade receivables, and bank balances other than cash and cash equivalents during FY23. During FY23, the company made investments worth Rs 66.08 crore in mutual funds and Rs 5.91 crore in unquoted bonds. Total equity of Orbis Financial Unlisted Shares increased by 92.36% in FY23 due to rights issues and improved profitability. Current liabilities rose from Rs 3,699.41 crore in FY22 to Rs 4,597.18 crore in FY23, with a significant increase in other financial liabilities, including client’s cash collateral, security deposits, and payments to customers on trades. Revenue from operations (RFO) grew from Rs 154.18 crore in FY22 to Rs 296.67 crore in FY23, marking a 92.42% increase. Profit for the year increased by 87.23%, reaching Rs 89.57 crore in FY23, driven by higher total income from RFO growth. Major contributors to cash outflow from investing activities, totaling Rs 76.94 crore, were investments in mutual funds and fixed deposits, followed by the purchase of PPE and intangible assets in FY23.

In conclusion, the global financial services market is experiencing significant growth, with projections indicating continued expansion in the coming years. Orbis Financial Unlisted Shares, operating within this dynamic sector, has shown substantial development in its financial figures, client base, and market activities. The company has received notable awards and recognitions, reflecting its strong performance and industry presence. With a diverse and experienced board of directors, Orbis Financial continues to navigate a competitive landscape alongside prominent peers. 

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