COFORGENSECoforge LimitedMediumNeutral
Announced Wed, 23 Jul · 22:28 IST

Coforge Limited has informed the Exchange about Fact sheet and Web Presentation

Order Pipeline DisclosedInvestor Communications View source PDF

COFORGE · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Coforge reported Q1 FY26 revenue of INR 36,886 Mn ($442.4 Mn), up 56.5% YoY in INR terms and 54.5% YoY in USD terms, with constant currency growth of 51.5% YoY. EBITDA margin stood at 17.5%, improving 61 basis points sequentially but declining 50 basis points from the year-ago period. Reported PAT came in at INR 3,174 Mn, up 138.4% YoY, though this included a one-time gain of INR 702 Mn from the sale of AdGo. The company signed fresh order intake of $507 Mn during the quarter, including five large deals, and its executable order book over the next 12 months reached $1.55 Bn, a 46.9% YoY jump. IT attrition remained among the industry's lowest at 11.3% (LTM), and global headcount grew by 1,164 to 34,187 despite industry-wide layoffs. Revenue mix was led by Banking & Financial Services (27.7%) and Travel, Transportation & Hospitality (22.9%), with the Americas contributing 56.7% of revenue.

Likely market impact

The strong order book and healthy order intake provide solid revenue visibility for the coming quarters, supporting growth momentum. However, the YoY EBITDA margin contraction signals some pressure on profitability that investors should watch, even as sequential improvement offers near-term comfort.