COFORGE · NSE
Coforge Limited
₹1,841
+2.68% (+₹48)
Prev. close
₹1,793
Volume
24,89,460
Delivery %
58.7%
As of
18 Sept 2026
Price history
Analyst sentiment
Analysts lean bullish
2 analyst stances · last 90 days · one per analyst
Trackable
1 · 1 bull / 0 neutral / 0 bear
Long-Horizon
none in window
Commentary
1 · 1 bull / 0 neutral / 0 bear
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Upgraded Coforge to 'Buy' from 'Neutral' with a price target of ₹2,400, citing relatively better growth and valuation op…” | UBS AnalysisUBS | Coforge Ltd | PENDING |
Market commentary · 1 · levels, conditionals, previews, macro & hedged views — context, not graded
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Bullish on Coforge with a target price of ₹1,860, implying a 27% upside. Despite an expected flat QoQ constant currency …” | Motilal Oswal AnalysisMotilal Oswal Financial Services | Coforge | PENDING |
Fundamentals
About Coforge Limited
Coforge Limited provides information technology (IT) and IT-enabled services in India, the Americas, Europe, the Middle East and Africa, Latin America, and the Asia Pacific. The company offers Artificial intelligence services and platforms; and AI (artificial intelligence) and ML (machine learning) services, including predictive analytics, model risk management, and recommendation engine; intelligent automation solutions, such as enterprise and intelligent process automation, and smart application; data analytics solutions, such as data migration, cloud data engineering, master and meta data management, data quality management, data governance, self-service BI, descriptive and customer analytics, and workforce analytics; process consulting services. It also provides engineering services, such as digital and product engineering, legacy modernization, agile transformation, and enterprise integration; quality engineering services, including enterprise package assurance, data and intelligence, digital quality engineering, quality engineering lifecycle automation, and advisory; and in application development and maintenance, managed services, cloud computing, and business process outsourcing services. Additionally, it offers vehicle software development, system architecture, integration, simulation and validation, OTA management, vehicle connectivity, mobile applications, edge-cloud technologies, V2X, navigation, and vehicle data platform services. It serves banking and financial, travel, transportation, hospitality, insurance, healthcare, life science, retail, consumer goods, public sector, technology, telecom, media, automotive, and energy. The company was formerly known as NIIT Technologies Limited and changed its name to Coforge Limited in August 2020. Coforge Limited was incorporated in 1992 and is based in Gautam Buddha Nagar, India.
Details
Sector
Technology
Industry
Information Technology Services
CEO
Mr. Sudhir Singh
Headquarters
Gautam Buddha Nagar
Employees
26,932
Website
coforge.comExchange
View on NSE ↗Key stats
Market cap
₹79,425.97 Cr
P/E ratio (TTM)
36.8
Dividend yield
0.91%
EPS (TTM)
₹48.76
Beta (1Y · daily vs NIFTY 50)
1.13
Beta (5Y · monthly vs NIFTY 50)
0.98
Shares float
32.96 Cr
EPS · quarter ended Jun 2026
₹12.28
Upcoming earnings
22 Oct 2026
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹4,662.80 Cr | ₹6,432.00 Cr | ₹8,014.60 Cr | ₹9,179.00 Cr | ₹12,050.70 Cr | ₹16,402.70 Cr | |
| EBITDA | ₹794.10 Cr | ₹1,153.70 Cr | ₹1,290.30 Cr | ₹1,508.90 Cr | ₹1,893.70 Cr | ₹2,783.30 Cr |
| ₹455.60 Cr | ₹661.70 Cr | ₹693.80 Cr | ₹808.00 Cr | ₹812.10 Cr | ₹1,555.70 Cr | |
| Diluted EPS | ₹14.66 | ₹21.3 | ₹22.31 | ₹25.92 | ₹24.41 | ₹45.9 |
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹3,484.00 Cr | ₹4,878.00 Cr | ₹5,625.00 Cr | ₹6,061.00 Cr | ₹12,272.00 Cr | ₹14,846.00 Cr | |
| ₹82.60 Cr | ₹489.60 Cr | ₹562.20 Cr | ₹726.00 Cr | ₹1,070.40 Cr | ₹727.80 Cr | |
| Stockholders' equity | ₹2,467.00 Cr | ₹2,733.00 Cr | ₹3,082.00 Cr | ₹3,627.00 Cr | ₹6,379.00 Cr | ₹9,537.00 Cr |
Inventory has filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹762.00 Cr | ₹766.00 Cr | ₹950.00 Cr | ₹903.00 Cr | ₹1,237.00 Cr | ₹1,792.00 Cr | |
| Investing cash flow | ₹-235.40 Cr | ₹-956.40 Cr | ₹-271.60 Cr | ₹-247.80 Cr | ₹-2,448.30 Cr | ₹-434.80 Cr |
| ₹-553.10 Cr | ₹-155.80 Cr | ₹-558.20 Cr | ₹-887.00 Cr | ₹1,675.30 Cr | ₹-1,093.70 Cr | |
| Capital expenditure | ₹-78.00 Cr | ₹-154.00 Cr | ₹-158.00 Cr | ₹-266.00 Cr | ₹-614.00 Cr | ₹-742.00 Cr |
| End cash position | ₹799.90 Cr | ₹446.80 Cr | ₹569.90 Cr | ₹321.30 Cr | ₹795.60 Cr | ₹1,093.60 Cr |
Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21 | Dec 21 | Mar 22 | Jun 22 | Sep 22 | Dec 22 | Mar 23 | Jun 23 | Sep 23–Jun 26(15Q) |
|---|---|---|---|---|---|---|---|---|---|
| Promoter | 50.18% | 49.97% | 40.09% | 40.09% | 40.06% | 39.99% | 30.16% | 26.63% | 0.00% |
| Public | 49.82% | 50.03% | 59.90% | 59.91% | 59.94% | 60.01% | 69.84% | 73.37% | 100.00% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Technology
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Tata Consultancy Services Limited | ₹7.92 L Cr | ₹2,105 | 15.9 | 7.39 | 45.9% | 0.11 | +4.6% | -33.7% |
| Infosys Limited | ₹4.20 L Cr | ₹1,037.7 | 13.5 | — | 33.9% | 0.10 | +4.6% | -31.2% |
| HCL Technologies Limited | ₹3.40 L Cr | ₹1,249.3 | 19.5 | 4.53 | 22.1% | 0.07 | +11.2% | -16.4% |
| Wipro Limited | ₹1.65 L Cr | ₹166.4 | 13.5 | 1.86 | 14.9% | 0.23 | +4.0% | -34.5% |
| Tech Mahindra Limited | ₹1.38 L Cr | ₹1,537.1 | 27.0 | 4.67 | 16.2% | 0.07 | +7.2% | -0.9% |
| LTM Limited | ₹1.26 L Cr | ₹4,275.1 | 24.2 | 5.26 | 20.9% | 0.10 | +11.3% | — |
| One 97 Communications Limited | ₹1.13 L Cr | ₹1,849.9 | 175.9 | 7.05 | 3.5% | 0.01 | +21.5% | +50.5% |
| LG Electronics India Limited | ₹1.11 L Cr | ₹1,652.9 | 60.6 | 14.42 | 22.0% | 0.06 | +1.3% | — |
| Oracle Financial Services Software Limited | ₹1.01 L Cr | ₹11,896 | 29.7 | 12.93 | 33.7% | 0.00 | +12.1% | +29.7% |
| Persistent Systems Limited | ₹85,505.25 Cr | ₹5,416 | 44.7 | 10.91 | 23.8% | 0.06 | +23.5% | -2.7% |
| Dixon Technologies (India) Limited | ₹80,805.72 Cr | ₹13,005 | 43.3 | 17.28 | 30.8% | 0.21 | +25.8% | -29.1% |
| Coforge Limited | ₹79,425.97 Cr | ₹1,841 | 36.8 | 8.33 | 16.3% | 0.08 | +35.8% | +0.9% |
Ranked by market cap within Technology, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 23
Concall transcripts
Show all 18
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
47 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.