COFORGEBSECoforge LtdMediumNeutral
Announced Tue, 5 May · 16:41 IST

Press Release, Fact Sheet & Web Presentation

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedInvestor Communications View source PDF

COFORGE · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+9.9%1-day move
₹1168.00
prior close
₹1261.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.4+1.8+1.9+0.5+9.9+16.9+17.6+13.3+10.9+9.5+19.1+21.7+27.0
Up moveDown movePending
AI summary

Coforge delivered exceptional FY26 results with revenue of $1,870 Mn (up 29.2% YoY in USD terms) and PAT of $177.4 Mn (up 82.1% YoY). EBIT margin expanded by 370 bps to 14.4% for the full year, with Q4 FY26 EBIT margin hitting an all-time high of 16.6%. Management guided FY27 EBITDA target of over 20.5%, citing AI-led efficiencies as the primary driver for further margin expansion. The executable order book stands at $1.75 Bn (up 16.4% YoY) with $648 Mn fresh intake in Q4 alone. Coforge also completed its Encora acquisition in December 2025, strengthening its AI-native capabilities and HiTech/Healthcare verticals, with combined entity revenue now ~$2.5 Bn.

Likely market impact

Strong FY26 performance with margin expansion and robust order pipeline signals Coforge is well-positioned for continued growth. The FY27 EBITDA guidance of 20.5%+ and AI-driven productivity gains should support re-rating. The Encora acquisition enhances scale and AI capabilities, making Coforge a compelling play on enterprise AI transformation.