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NSE:COFORGE

COFORGE LIMITED

Information Technology › IT - Software·NIFTY 200NIFTY 500NIFTY INDIA FPI 150NIFTY LARGEMIDCAP 250+9
₹1,957.20
at close · 28 Oct 2026
▼ 39.80 (-1.99%)
ThemesCybersecurity· growing

Latest filings

  1. Coforge partners with Chippenham RFC for community development · Strategic Transactions
  2. Coforge sponsors Driving Forward to support student careers · Compliance
  3. Coforge named a Leader in Everest Group AI Quality Engineering assessment · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Provides IT services and software consulting to global enterprises, with revenue earned largely outside India across four geographic streams. Americas is the largest stream at 57.1% of period segment revenue (Rs 6,777.3 crore), followed by Europe, Middle East and Africa at 28.9% (Rs 3,428.7 crore), Asia Pacific at 8.7% (Rs 1,030.2 crore) and India at 5.3% (Rs 626.2 crore); the India segment ran at a 4.2% EBIT loss. FY26 total revenue was Rs 16,402.7 crore, up 36.1% year-on-year, and FY26 net profit was Rs 1,744.7 crore. Employee costs are the dominant input at 56.2% of revenue, with other operating expenses at 25.9% and depreciation at 4.2%. Recent acquisitions have reshaped scale: Q1 FY27 revenue jumped 49% year-on-year to Rs 55,277 million, helped by the Encora acquisition (contributing Rs 9,579 million in two months) and the Cigniti merger. The company is building applied-AI offerings around its Forward Deployed Engineer model, including the Nuuron AI Operating System and Momentuum AI operating unit.

Revenue mix · reported segments
Americas57.1%
Europe, Middle East and Africa28.9%
Asia Pacific8.7%
India5.3%
Operating scale
Headcount
46,228 employeesQ1 FY27
Attrition
10.4%Q1 FY27
Executable order book
USD 2.228 billionQ1 FY27
Fresh order intake
USD 691 millionQ1 FY27
Export revenue
81% of revenue across 26 countriesFY26
Major AI-led contract
USD 230+ million, five-year European client engagementJuly 2026
Who pays it
Overseas enterprises, predominantly in the Americas (57.1% of segment revenue), with EMEA, APAC and Indian clients making up the balance; one European AI-led transformation deal is valued at over USD 230 million.
Biggest cost
Employee and talent costs at Rs 9,216.1 crore (56.2% of FY26 revenue)
Kind of business
Cyclical, people-intensive IT services and consulting, heavily weighted to overseas clients
Where it sits
Mid-sized Indian IT services exporter with 81% of FY26 revenue from exports across 26 countries; named Exceptional Performer in application services and cloud & infrastructure in the Whitelane Research 2026 UK and Ireland IT sourcing study, ranking 2nd in application services.
Market Cap
₹86,606 Cr
P / E (TTM)
39.8×
EV / EBITDA
26.5×
Div Yield
0.63%
Growth
28.6%▲
Revenue 5y CAGR
PAT +30.2% · EBITDA +28.5%
Quality
24.5%▲
ROCE (5y median)
ROE 22.4% (5y median) · margin 17.0%
Leverage
0.04·
Debt / Equity · low
Net cash ₹694 Cr
Revenue FY21→FY26
3.5×▲
Margin +0.6 pts
₹4,663 Cr → ₹16,403 Cr
Cash conversion
1.14×▲
Operating cash ÷ profit · 5 yrs
₹5,648 Cr on ₹4,976 Cr
Moves on a normal day
1.23%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 78 Computers - Software & Consulting peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#56/65
P/B#57/65
ROCE#30/76
ROE#15/64
Debt / Equity#35/65
EBITDA margin#31/65
Revenue growth#9/63
Profit growth#12/62

Scorecard

Measured from the filed financials, judged against its Computers - Software & Consulting peers · as of FY26 — not investment advice

Strengths
Revenue compounding 29% a year over 5 years
Profit compounding 30% a year over 5 years
Profit grew in every one of the last 5 years
Returns on capital 24.5% (5-year median)
#30 of 76 in Computers - Software & Consulting on the latest reported figures · down from 22.9% in FY21
Over 5 years it reported ₹4,976 Cr of profit and ₹5,648 Cr of operating cash — 1.14×
Profit is converting into cash
Pays out 31% of profit as dividend
Concerns
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

COFORGE · price

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

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from COFORGE LIMITED's filed financials and exchange disclosures

What does COFORGE LIMITED do?

COFORGE LIMITED is a IT - Software company listed on NSE and BSE, trading under the symbol COFORGE.

Is COFORGE LIMITED profitable?

Yes. Over the trailing twelve months COFORGE LIMITED reported a net profit of ₹1,920 Cr on revenue of ₹18,152 Cr.

Does COFORGE LIMITED pay a dividend?

Yes. The dividend yield is 0.63% at the current price. It paid out 31% of its profit as dividend in FY26.

Is COFORGE LIMITED debt-free?

On a net basis, yes. It reported borrowings of ₹400 Cr on its 31 Mar 2026 balance sheet, but holds ₹694 Cr more cash than debt.

Is COFORGE LIMITED expensive compared with its peers?

On trailing P/E, COFORGE LIMITED ranks 56 of 65 in Computers - Software & Consulting — cheaper than 14% of them, against an industry median of 15.0×. This is a position, not a valuation judgement.

How much does the COFORGE LIMITED share price move in a day?

On a typical session COFORGE LIMITED moves 1.23% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track COFORGE LIMITED's announcements?

Every NSE and BSE filing by COFORGE LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.