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Coforge Limited

Coforge Limited

NSE: COFORGE
Information Technology ServicesTechnologyLARGE CAPMCap ₹86.48k Cr
₹1,951.90₹17.60 (+0.91%)

Market Closed • NSE

Market cap₹86.48k Cr
Enterprise value₹81.06k Cr
P/E TTM39.97
Forward P/E27.33
P/B6.87
EPS TTM₹48.83
Forward EPS₹71.42
ROCE23.50%
D/E7.52
Dividend yield0.01%
Face value₹2.00
52W high₹2,021.20
52W low₹1,008.10
Price chart(1Y)
1Y Return:+42.77% (+₹584.70)
H: ₹2,021.2L: ₹1,362.2
1W+5.70%
1M+8.86%
3M+30.65%
6M+59.91%
1Y+12.51%
Today at a glance

Day range

₹1,900.60₹1,951.90

52 week range

₹1,008.10₹2,021.20
Volume2.07M0.99x 20D avg
Free float50.00%-1.10% volume

Coforge Limited closed at INR1951.90 (+0.91%) on volume 0.99x its 20-day average, trading 3.43% below its 52-week high.

Technical analysis
RSI (14)64.5Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹59.09High
SMA 20₹1,833.82BULLISH
SMA 50₹1,854.55BULLISH
SMA 100₹1,683.08BULLISH
SMA 200₹1,523.20BULLISH
CPR bottom₹1,947.35
Pivot₹1,943.00
CPR top₹1,938.65
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -20.1% QoQ

2026-08-03

DIVIDEND Announced

Interim Dividend - Rs 4 Per Share

2026-01-30

DIVIDEND Announced

Interim Dividend - Rs 4 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹727.8 Cr₹86.48k Cr0.84%≤ 33%PASS
Non-halal income ratio–₹16.40k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹13.79k Cr₹14.88k Cr92.65%≥ 20%PASS
Receivables ratio–₹14.88k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E39.9723.00
Forward P/E27.33—
P/B6.873.80
EV/EBITDA—18.00
PEG—2.20
Earnings yield2.504.30
Growth & profitability
RevenuePAT
FY25PAT margin 6.70%
FY26PAT margin 10.60%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+10.80%
Revenue CAGR 5Y+6.30%
PAT CAGR 3Y+24.20%
PAT CAGR 5Y+13.90%
Operating margin15.96%
Net margin9.64%
Financial health & cash flow
Net debt–Moderate
Interest coverage14.00xEBIT / interest
CFO / PAT1.09x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹1.79k Cr
Capital expenditure–
Free cash flow₹1.05k Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall75/100
Valuation50/100
Profitability80/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 23.5%

Low Debt Profile: Debt-to-Equity is comfortable at 0.08x

High Cash Flow Conversion: CFO/PAT averaged 1.09x over last 3 years

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Information Technology Services.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

70%47%23%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
86.84%Institutional holding
13.16%Public holding
5Periods available
0.00%Promoter pledged
2.94LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
03 Aug 2026Dividend₹4.00 / share—03 Aug 2026
31 Jan 2026Dividend₹4.00 / share—30 Jan 2026
31 Oct 2025Dividend₹4.00 / share—31 Oct 2025
31 Jul 2025Dividend₹4.00 / share—31 Jul 2025
04 Jun 2025Dividend₹10.00 / share—04 Jun 2025
12 May 2025Dividend₹19.00 / share—09 May 2025
30 Jan 2025Dividend₹19.00 / share—30 Jan 2025
12 Oct 2024Dividend₹19.00 / share—11 Oct 2024
02 Aug 2024Dividend₹19.00 / share—02 Aug 2024
15 May 2024Dividend₹19.00 / share—15 May 2024
05 Feb 2024Dividend₹19.00 / share—05 Feb 2024
02 Nov 2023Dividend₹19.00 / share—02 Nov 2023
03 Aug 2023Dividend₹19.00 / share—03 Aug 2023
10 May 2023Dividend₹19.00 / share—10 May 2023
03 Feb 2023Dividend₹19.00 / share—03 Feb 2023
04 Nov 2022Dividend₹13.00 / share—03 Nov 2022
04 Aug 2022Dividend₹13.00 / share—03 Aug 2022
24 May 2022Dividend₹13.00 / share—23 May 2022
08 Feb 2022Dividend₹13.00 / share—07 Feb 2022
08 Nov 2021Dividend₹13.00 / share—03 Nov 2021
10 Aug 2021Dividend₹13.00 / share—09 Aug 2021
19 May 2021Dividend₹13.00 / share—18 May 2021
15 May 2020Dividend₹11.00 / share—14 May 2020
12 Mar 2020Buy BackBuy Back—11 Mar 2020
10 Feb 2020Dividend₹10.00 / share—07 Feb 2020
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)46.02%-3.50% latest vs average
Highest delivery58.71%on 18 Sept
Average volume (20D)2.10MTrading-session average
Conviction trendWeakening-3.50% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Tata Consultancy Services Limited
Tata Consultancy Services LimitedTCS
Open analysis
₹8.92L17.282.04%₹72,275.00₹13,420.00+13.93%+4.69%
Infosys Limited
Infosys LimitedINFY
Open analysis
₹4.70L15.824.50%₹48,211.00₹7,775.00+14.03%+12.29%
HCL Technologies Limited
HCL Technologies LimitedHCLTECH
Open analysis
₹3.73L20.423.53%₹34,579.00₹4,626.00+13.94%+20.34%
Wipro Limited
Wipro LimitedWIPRO
Open analysis
₹1.82L14.494.60%₹24,236.30₹3,501.80+7.70%-1.90%
Tech Mahindra Limited
Tech Mahindra LimitedTECHM
Open analysis
₹1.59L28.773.09%₹15,712.00₹1,486.00+17.68%+31.62%
LTM Limited
LTM LimitedLTM
Open analysis
₹1.30L24.901.77%₹11,608.00₹1,469.00+17.96%+17.05%
LG ELECTRONICS INDIA LTD
LG ELECTRONICS INDIA LTDLGEINDIA
Open analysis
₹1.17L63.960.00%₹7,233.35₹652.86——
One97 Communications Limited
One97 Communications LimitedPAYTM
Open analysis
₹1.08L169.180.00%₹2,264.00₹184.00+18.41%+134.07%
About Coforge Limited
Coforge Limited

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.

IndiaTechnology

Questions investors ask
Is Coforge Limited Shariah compliant?

Coforge Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (0.84%) complies with AAOIFI threshold (≤ 33%).

What is Coforge Limited's current valuation relative to peers?

Coforge Limited trades at a P/E of 40.0x compared to the sector median of 23x, and a Price-to-Book of 6.9x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.08x. Interest coverage is 14x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 6.3% while net profit growth averaged 13.9%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.