COFORGE
Coforge Limited (COFORGE) Stock Analysis
Coforge Limited is a mid-sized Indian IT services company serving travel, banking, and insurance clients. It delivers digital transformation, cloud, and application services from global delivery centres. Industry-specific platforms differentiate its offerings in global markets. The company is listed on Indian stock exchanges and is headquartered in India.
Technology › Information Technology Services
₹1,867.90
+2.29% 1W | +5.90% 52W
Market Cap
82.8k CR
P/E Ratio
38.3
52W High
₹2021.2
52W Low
₹1008.1
Div. Yield
0.88%
Beta
0.3
50 DMA
₹1836.3
200 DMA
₹1503.6
Profit Margin
9.6%
Inst. Own.
59.2%
📈 CONSOLIDATING UP
📈 CONSOLIDATING UP
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,221 | 2,276 | 2,323 | 2,318 | 2,357 | 3,026 | 3,258 | 3,422 | 3,704 | 3,986 | 4,232 | 4,450 | 5,528 |
| Expenses | 1,915 | 1,935 | 1,928 | 1,929 | 2,048 | 2,603 | 2,823 | 2,895 | 3,127 | 3,253 | 3,508 | 3,574 | 4,470 |
| Operating Profit | 306 | 341 | 395 | 390 | 309 | 423 | 435 | 527 | 577 | 732 | 723 | 876 | 1,058 |
| OPM % | 14% | 15% | 17% | 17% | 13% | 14% | 13% | 15% | 16% | 18% | 17% | 20% | 19% |
| Other Income | 16 | 9 | 15 | 14 | 6 | 42 | 56 | 33 | 64 | 38 | -127 | -32 | -28 |
| Interest | 22 | 32 | 35 | 37 | 32 | 30 | 32 | 40 | 46 | 41 | 42 | 40 | 87 |
| Depreciation | 76 | 77 | 81 | 79 | 72 | 114 | 116 | 125 | 159 | 172 | 171 | 180 | 241 |
| Profit before tax | 224 | 241 | 294 | 288 | 211 | 320 | 343 | 395 | 436 | 558 | 384 | 625 | 702 |
| Tax % | 22% | 22% | 18% | 20% | 34% | 27% | 25% | 22% | 18% | 24% | 23% | -7% | 24% |
| Net Profit | 176 | 188 | 243 | 229 | 139 | 234 | 256 | 307 | 356 | 425 | 297 | 666 | 532 |
| EPS in Rs | 5.41 | 5.88 | 7.71 | 7.24 | 3.99 | 6.06 | 6.45 | 7.81 | 9.49 | 11.23 | 7.47 | 18.23 | 11.71 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,372 | 2,688 | 2,802 | 2,991 | 3,676 | 4,184 | 4,663 | 6,432 | 8,015 | 9,009 | 12,073 | 16,403 | 18,195 |
| Expenses | 2,036 | 2,214 | 2,322 | 2,489 | 3,026 | 3,459 | 3,882 | 5,330 | 6,733 | 7,562 | 10,380 | 13,467 | 14,805 |
| Operating Profit | 337 | 474 | 480 | 502 | 650 | 725 | 781 | 1,102 | 1,282 | 1,447 | 1,694 | 2,936 | 3,390 |
| OPM % | 14% | 18% | 17% | 17% | 18% | 17% | 17% | 17% | 16% | 16% | 14% | 18% | 19% |
| Other Income | -64 | 20 | 4 | 38 | 46 | 59 | 13 | 52 | 8 | 32 | 137 | -83 | -148 |
| Interest | 6 | 8 | 6 | 9 | 9 | 16 | 14 | 65 | 81 | 126 | 135 | 169 | 209 |
| Depreciation | 92 | 121 | 128 | 127 | 125 | 173 | 184 | 227 | 258 | 297 | 428 | 682 | 764 |
| Profit before tax | 176 | 365 | 351 | 404 | 562 | 595 | 596 | 862 | 951 | 1,056 | 1,269 | 2,003 | 2,270 |
| Tax % | 31% | 21% | 22% | 24% | 25% | 21% | 22% | 17% | 22% | 21% | 26% | 13% | |
| Net Profit | 122 | 287 | 272 | 309 | 422 | 468 | 466 | 715 | 745 | 836 | 936 | 1,745 | 1,920 |
| EPS in Rs | 3.74 | 8.83 | 8.15 | 9.12 | 13.06 | 14.21 | 15.04 | 21.73 | 22.72 | 26.14 | 24.29 | 46.33 | 48.64 |
| Dividend Payout % | 51% | 23% | 31% | 33% | 0% | 44% | 17% | 48% | 56% | 58% | 16% | 34% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 27.0% | 29.0% | 20.0% |
| Profit CAGR | 33.0% | 29.0% | 20.0% |
Shareholding Pattern
FIIs37.42%
DIIs52.32%
Public10.25%
FIIs34.09%
DIIs54.87%
Public11.03%
FIIs34.53%
DIIs53.67%
Public11.80%
FIIs30.66%
DIIs56.18%
Public13.16%
FIIs24.31%
DIIs42.62%
Public33.07%
Promoters30.16%
FIIs25.40%
DIIs32.20%
Public12.23%
FIIs35.00%
DIIs54.29%
Public10.69%
FIIs40.21%
DIIs49.93%
Public9.86%
FIIs30.66%
DIIs56.18%
Public13.16%
FIIs24.31%
DIIs42.62%
Public33.07%
COFORGE
Holdings Analysis
Key strengths & risk signals
77
Overall
85
Fundamental
70
Technical
Risks (2)
LOW MARGIN! 9.6% profit margin - thin profits.
POSITIVE YEAR! Stock gained 5.9% in the last year.
Strengths (4)
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
BULLISH TREND! 50-day average (1836.3) is above 200-day average (1503.6) - positive signal.
STRONG! Trading at 84.9% of 52W range - near yearly highs.
LOW VOLATILITY! Beta of 0.30 - stable stock, less market risk.
Fundamental & Technical Analysis
77Overall
85Fundamental
70Technical
Fundamental Breakdown
Growth Quality
30/30
Revenue CAGR: 26.9% (EXCELLENT, 15/15). Profit CAGR: 30.9% (EXCELLENT, 15/15).
Profit Margin
3/10
LOW MARGIN! 9.6% profit margin - thin profits.
PEG Valuation
9/10
FAIRLY VALUED! PEG of 1.24 indicates reasonable valuation.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.88% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.13 - excellent financial health.
Public Holding
20/20
VERY LESS PUBLIC HOLDING! 11.35% public ownership - strong promoter/institutional control.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (1836.3) is above 200-day average (1503.6) - positive signal.
Price Position
8/10
STRONG POSITION! Current price (1867.9) is above both moving averages.
Trend Pattern
14/20
Current trend: CONSOLIDATING UP
52W Performance
4/10
POSITIVE YEAR! Stock gained 5.9% in the last year.
Volume Sentiment
15/30
BEARISH SENTIMENT! In last 30 days: 14 up days, 16 down days. Avg volume on up days: 2,433,449 vs down days: 2,498,411. Ratio: 0.97x
RSI
3/5
NEUTRAL! RSI at 57.1 - balanced momentum.
52W Range
5/5
STRONG! Trading at 84.9% of 52W range - near yearly highs.
Momentum
4/5
GOOD MOMENTUM! Price has grown across all timeframes - up 2.3% (1 week), 1.2% (1 month), 24.2% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.30 - stable stock, less market risk.
COFORGE
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-05-12 | Concall PDF |
Peer Comparison
Technology · Information Technology Services · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| COFORGE | ₹1,867.90 | 38.3 | 9.6% | 26.9% | 30.9% | +5.9% | 77 | CONSOLIDATING UP | +63.4% | -15.3% | +49.2% | +24.2% |
| PERSISTENT | ₹5,770.00 | 47.2 | 12.2% | 20.9% | 26.5% | +2.1% | 78 | BOUNCE FROM SUPPORT | +13.7% | -8.7% | +29.1% | +6.1% |
| MPHASIS | ₹2,360.00 | 23.6 | 11.6% | 4.8% | 4.4% | -18.5% | 68 | BREAKOUT | +10.8% | -3.9% | +17.5% | +3.3% |
| LTM | ₹4,070.00 | 23.1 | 11.9% | 8.4% | 4.4% | -28.4% | 53 | BREAKDOWN | +16.9% | +5.3% | +18.0% | +2.8% |
| LTTS | ₹3,270.10 | 26.6 | 11.7% | 7.6% | 1.8% | -26.4% | 59 | BREAKDOWN | +13.0% | +7.4% | +11.5% | +2.9% |
| HEXT | ₹538.50 | 24.7 | 9.3% | 13.4% | 15.7% | -28.6% | 77 | BREAKOUT | -13.2% | -6.2% | +17.9% | +6.4% |
| TECHM | ₹1,514.10 | 26.2 | 8.7% | 2.2% | -0.1% | +1.7% | 57 | APPROACHING RESISTANCE | +28.4% | +8.2% | +17.7% | +4.2% |
| REDINGTON | ₹380.00 | 17.5 | 1.3% | 14.5% | 2.3% | +33.7% | 70 | BREAKDOWN | +76.5% | +24.2% | +34.6% | +5.1% |
Data from TradeAlone · Updated daily
COFORGE News
Coforge Limited (NSE: Coforge) Introduces Intent Engineering Framework to Drive Enterprise AI Adoption2026-10-05Coforge Limited Expands Kraków Engineering Center as Strategic AI Hub2026-10-01Coforge Limited (NSE: Coforge) Highlights Shift to Modern Airline Retailing and Agentic Travel2026-09-30Coforge Limited Expands Agenticops Capabilities to Power Enterprise Autonomy2026-09-22Coforge Limited (NSE: Coforge) Expands Ai-powered Vehicle Lifecycle Intelligence Capabilities2026-09-20Coforge Limited Unveils New Special Economic Zone Plots to Boost AI Execution in Private Equity2026-09-18Coforge Limited (NSE: Coforge) Named Leader in Nelsonhall’s 2026 NEAT for Ai-enabled Cloud Infrastructure Management Services2026-09-17Coforge Limited (NSE: Coforge) Expands Focus on Operationalizing AI for Hi-tech Enterprises2026-09-16Coforge Limited Expands Automotive Engineering Footprint in Special Economic Zone2026-09-15Coforge Limited (coforge) Expands Footprint with New Special Economic Zone Plots2026-09-14Coforge Limited (NSE: Coforge) Wins ‘AI Native Enterprise’ Award at TOI AI Quotient Awards2026-09-13Coforge Limited (NSE: Coforge) Launches AI Launchpad in Special Economic Zone2026-09-02Coforge Limited (NSE: Coforge) Unveils AI Adoption Fabric for Outcome Acceleration2026-08-31Coforge Limited Expands Strategic Partnership with Pega to Accelerate Enterprise AI Transformation2026-08-28Coforge Limited (NSE: Coforge) Celebrates 20 Years in Peru, Reinforces Commitment to Ai-led Expansion in Latin America2026-08-27
