Coforge Ltd (COFORGE)
₹1,484.70
Mkt cap
₹65,726 Cr
P/E ratio
40.00
P/B
5.23
Div yield
1.02%
ROE
20.60%
ROCE
23.50%
EPS (TTM)
₹37.12
Book value
₹284
52W range
1,074–1,978
Sector
Information Technology
Coforge is an IT services company providing end-to-end software solutions and services. . It is among the top-20 Indian software exporters. Prominent global customers include British Airways, the ING group, SEI Investments, Sabre, and SITA. Over the years, Coforge has set up subsidiaries in the US, Singapore, Australia, UK, Germany and Thailand, mainly to market and mobilise projects for the software division. The company has business partnerships with large IT companies across the world.
Health check
Mixed
ValuationExpensive
ProfitabilityStrong
GrowthHigh
TechnicalsBearish
52-week range
−24.94% from high₹1,485
₹1,074+38.25% from low₹1,978
Current
₹1,484.70
Prev close
₹1,486.20
Day
−0.10%
Price performance
1D
−0.10%
1W
−1.51%
1M
−0.55%
3M
+29.00%
6M
−12.34%
1Y
−20.40%
YTD
−10.03%
Financials
FRevenue, profit & margin
P/E ratio
40.0×
COFORGE is 91% above the sector median of 21.0×
COFORGE40.0×
Sector median21.0×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,170 | 2,221 | 2,276 | 2,323 | 2,318 | 2,357 | 3,026 | 3,258 | 3,422 | 3,689 | 3,986 | 4,232 | 4,450 | |
| Expenses | 1,874 | 1,915 | 1,935 | 1,928 | 1,929 | 2,048 | 2,603 | 2,823 | 2,895 | 3,112 | 3,253 | 3,508 | 3,574 | |
| Operating Profit | 296 | 306 | 341 | 395 | 390 | 309 | 423 | 435 | 527 | 577 | 732 | 723 | 876 | |
| OPM % | 14% | 14% | 15% | 17% | 17% | 13% | 14% | 13% | 15% | 16% | 18% | 17% | 20% | |
| Other Income | -50 | 16 | 9 | 15 | 14 | 6 | 42 | 56 | 33 | 64 | 38 | -127 | -32 | |
| Interest | 20 | 22 | 32 | 35 | 37 | 32 | 30 | 32 | 40 | 46 | 41 | 42 | 40 | |
| Depreciation | 72 | 76 | 77 | 81 | 79 | 72 | 114 | 116 | 125 | 159 | 172 | 171 | 180 | |
| Profit before tax | 155 | 224 | 241 | 294 | 288 | 211 | 320 | 343 | 395 | 436 | 558 | 384 | 625 | |
| Tax % | 25% | 22% | 22% | 18% | 20% | 34% | 27% | 25% | 22% | 18% | 24% | 23% | -7% | |
| Net Profit | 117 | 176 | 188 | 243 | 229 | 139 | 234 | 256 | 307 | 356 | 425 | 297 | 666 | |
| EPS in Rs | 3.76 | 5.41 | 5.88 | 7.71 | 7.24 | 3.99 | 6.06 | 6.45 | 7.81 | 9.49 | 11.23 | 7.47 | 18.23 | |
| Raw PDF |
Earnings
EResults dates & reactionsNext results
27 Jul '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.70% · closed higher next day 34 of last 60
| Q1FY24 | Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 20 Jul '23◦ | 19 Oct '23 | 23 Jan '24◦ | 2 May '24◦ | 23 Jul '24 | 23 Oct '24 | 23 Jan '25◦ | 5 May '25◦ | 28 Jul '25 | 24 Oct '25◦ | 22 Jan '26◦ | 5 May '26◦ |
| Earnings day | −3.72% | +0.33% | +2.70% | −10.09% | +1.70% | +11.14% | +0.41% | −0.94% | +2.13% | +4.01% | −3.04% | +9.55% |
| +1 day | −1.95% | −1.81% | +0.06% | −11.49% | +4.24% | +13.22% | −4.29% | +1.38% | +1.88% | +2.83% | −1.39% | +9.97% |
| +5 days | −3.05% | −1.63% | −0.51% | −10.44% | +3.90% | +13.85% | −10.14% | +10.27% | +3.42% | +1.98% | −1.16% | +10.98% |
| +15 days | +9.31% | +0.92% | +7.15% | +2.40% | −3.76% | +18.73% | −14.36% | +12.85% | −2.14% | +1.38% | −17.49% | +18.79% |
| +30 days | +13.89% | +10.09% | +0.84% | +4.33% | +4.20% | +31.15% | −16.19% | +22.76% | +4.73% | +6.45% | −32.50% | +26.88% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Interim Dividend - Rs 4 Per Share | 4.00 | 30 Jan '26 | 31 Jan '26 |
Shareholding
Sas of Jun 2026FIIs24.31%6.35
DIIs42.62%13.56
Public33.07%19.91
Ownership trend
Peers
P8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| TCS | ₹2,254.30 | 15.19 | 8,15,625 | 2.84% | 13,420 | +8.45% | 72,275 | +13.93% | 63.03% |
| Infosys | ₹1,040.90 | 13.55 | 4,22,353 | 4.61% | 7,775 | +12.25% | 48,211 | +14.03% | 39.95% |
| HCL Technologies | ₹1,271.00 | 19.02 | 3,44,907 | 4.25% | 4,626 | +20.32% | 34,579 | +13.94% | 30.40% |
| Wipro | ₹177.12 | 13.27 | 1,75,422 | 6.21% | 3,356 | +0.65% | 24,479 | +10.59% | 17.84% |
| Tech Mahindra | ₹1,559.50 | 28.73 | 1,52,844 | 3.27% | 1,486 | +28.45% | 15,712 | +17.68% | 23.12% |
| LTM | ₹4,091.80 | 21.64 | 1,21,372 | 1.83% | 1,469 | +16.92% | 11,608 | +17.96% | 29.60% |
| Persistent Systems | ₹5,200.50 | 42.55 | 82,038 | 0.77% | 529 | +33.73% | 4,056 | +25.10% | 34.36% |
| Coforge | ₹1,484.70 | 40.02 | 65,726 | 1.02% | 666 | +151.04% | 4,451 | +30.05% | 23.50% |
| Median: 70 Co. | ₹272.10 | 20.98 | 1,547 | 0.40% | 13 | +18.35% | 102 | +16.85% | 22.38% |
Filings
DAnnual reports15
Financial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bseFinancial Year 2011nse
Concall transcripts55
TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptFeb 2026TranscriptJan 2026PPTJan 2026RECJan 2026PPTDec 2025TranscriptOct 2025PPTOct 2025RECOct 2025TranscriptJul 2025PPTJul 2025RECJul 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptJan 2025PPTJan 2025RECJan 2025TranscriptOct 2024RECOct 2024TranscriptJul 2024PPTJul 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Press Release / Media Release 9h - July 24, 2026: Coforge won a $230+ million, five-year AI-led transformation contract with a European client.Announcement under Regulation 30 (LODR)-Press Release / Media Release 1d - Coforge launched Nuuron AI-OS for enterprises globally, with early adopter FDE programs already underway.Update on board meeting 2d - Board meeting on July 27, 2026 will consider FY27 interim dividend and set record date.Announcement under Regulation 30 (LODR)-Press Release / Media Release 21 Jul - Coforge named an Exceptional Performer in Whitelane’s 2026 UK and Ireland IT sourcing study.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15 Jul







