Coforge Ltd
COFORGECoforge Ltd
COFORGEPrice Chart
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
63.14 | 13.50 | 0.93% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
33.82 | 8.92 | 1.73% |
Forecast & Ratings
Detailed Forecast from 28 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Coforge Ltd is engaged in the business of application development and maintenance, managed services, cloud computing and business process outsourcing.
Peers
Compare with peersÂTata Consultancy Services Ltd
Infosys Ltd
HCL Technologies Ltd
Wipro Ltd
LTIMindtree Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 2,710.30 | 2,829.00 | 3,030.50 | 3,729.70 | 4,251.60 | 4,695.40 | 6,483.80 | 8,076.50 | 9,240.40 | 10,263.10 | ||||||||||
Raw Materials | 30.80 | 14.10 | 31.70 | 29.10 | 84.40 | 193.50 | 172.40 | 55.10 | 9.40 | 8,658.90 | ||||||||||
Power & Fuel Cost | 16.70 | 18.50 | 18.50 | 17.70 | 16.90 | 12.40 | 13.90 | 15.80 | 19.20 | |||||||||||
Employee Cost | 1,541.90 | 1,651.30 | 1,760.10 | 2,153.20 | 2,529.80 | 2,815.80 | 3,834.60 | 4,828.00 | 5,506.90 | |||||||||||
Selling & Administrative Expenses | 426.20 | 441.10 | 513.70 | 622.40 | 598.40 | 552.40 | 873.40 | 1,188.90 | 1,313.70 | |||||||||||
Operating & Other expenses | 200.70 | 219.70 | 166.10 | 210.90 | 238.20 | 327.20 | 435.80 | 698.40 | 902.10 | |||||||||||
EBITDA | 494.00 | 484.30 | 540.40 | 696.40 | 783.90 | 794.10 | 1,153.70 | 1,290.30 | 1,489.10 | 1,604.20 | ||||||||||
Depreciation/Amortization | 121.10 | 127.70 | 127.40 | 124.80 | 173.00 | 183.60 | 227.20 | 258.50 | 318.60 | 371.50 | ||||||||||
PBIT | 372.90 | 356.60 | 413.00 | 571.60 | 610.90 | 610.50 | 926.50 | 1,031.80 | 1,170.50 | 1,232.70 | ||||||||||
Interest & Other Items | 7.50 | 6.00 | 9.40 | 9.20 | 15.50 | 14.30 | 65.00 | 80.60 | 125.60 | 134.50 | ||||||||||
PBT | 365.40 | 350.60 | 403.60 | 562.40 | 595.40 | 596.20 | 861.50 | 951.20 | 1,044.90 | 1,098.20 | ||||||||||
Taxes & Other Items | 95.40 | 100.50 | 123.40 | 159.10 | 151.40 | 140.60 | 199.80 | 257.40 | 236.90 | 301.10 | ||||||||||
Net Income | 270.00 | 250.10 | 280.20 | 403.30 | 444.00 | 455.60 | 661.70 | 693.80 | 808.00 | 797.10 | ||||||||||
EPS | 44.18 | 40.82 | 45.63 | 65.45 | 71.45 | 74.03 | 108.92 | 113.74 | 131.48 | 128.94 | ||||||||||
DPS | 10.00 | 12.50 | 15.00 | 0.00 | 31.00 | 13.00 | 52.00 | 64.00 | 76.00 | 76.00 | ||||||||||
Payout ratio | 0.23 | 0.31 | 0.33 | 0.00 | 0.43 | 0.18 | 0.48 | 0.56 | 0.58 | 0.59 |
Company Updates
Peers & Comparison
Information TechnologyIT Services & Consulting
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Coforge Ltd | 62.29 | 13.50 | 0.93% |
Tata Consultancy Services Ltd | 31.24 | 15.71 | 1.84% |
Infosys Ltd | 27.85 | 8.26 | 2.61% |
HCL Technologies Ltd | 30.38 | 6.99 | 2.96% |
Price Comparison
Compare COFORGE with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Decreased Total Retail Holding
In last 3 months, retail holding in the company has decreased by 1.22%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Mar 2024
May 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Coforge Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
HDFC Mid-Cap Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 4.3273% | Percentage of the fund’s portfolio invested in the stock 2.80% | Change in the portfolio weight of the stock over the last 3 months 0.40% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 9/79 (+3) |
Motilal Oswal Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 3.1366% | Percentage of the fund’s portfolio invested in the stock 8.49% | Change in the portfolio weight of the stock over the last 3 months 3.51% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 5/30 (+2) |
Motilal Oswal Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.8123% | Percentage of the fund’s portfolio invested in the stock 7.26% | Change in the portfolio weight of the stock over the last 3 months 1.86% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 8/27 (+1) |
Compare 3-month MF holding change on Screener
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Events
Dividend Trend
Dividend Yield
Current dividend yield is 0.93%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹9.33 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateOct 11, 2024
Dividend/Share
₹19.00
Ex DateEx Date
Oct 11, 2024
Cash Dividend
Ex DateEx DateAug 2, 2024
Dividend/Share
₹19.00
Ex DateEx Date
Aug 2, 2024
Cash Dividend
Ex DateEx DateMay 15, 2024
Dividend/Share
₹19.00
Ex DateEx Date
May 15, 2024
Cash Dividend
Ex DateEx DateFeb 5, 2024
Dividend/Share
₹19.00
Ex DateEx Date
Feb 5, 2024
Cash Dividend
Ex DateEx DateNov 2, 2023
Dividend/Share
₹19.00
Ex DateEx Date
Nov 2, 2023
Coforge Ltd dropped for a fifth straight session today. The stock is quoting at Rs 7490.95, down 0.69% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.37% on the day, quoting at 23906.15. The Sensex is at 78483.58, down 0.38%.Coforge Ltd has added around 3.92% in last one month.Meanwhile, Nifty IT index of which Coforge Ltd is a constituent, has eased around 4.51% in last one month and is currently quoting at 40421.8, down 0.33% on the day. The volume in the stock stood at 1.09 lakh shares today, compared to the daily average of 6.41 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 7545, down 0.52% on the day. Coforge Ltd jumped 46.44% in last one year as compared to a 23.15% rally in NIFTY and a 30.07% spurt in the Nifty IT index.The PE of the stock is 49.59 based on TTM earnings ending September 24.Powered by Capital Market - Live
Net profit of Coforge rose 11.71% to Rs 202.20 crore in the quarter ended September 2024 as against Rs 181.00 crore during the previous quarter ended September 2023. Sales rose 34.54% to Rs 3062.30 crore in the quarter ended September 2024 as against Rs 2276.20 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales3062.302276.20 35 OPM %13.4514.98 - PBDT437.80317.90 38 PBT313.50240.70 30 NP202.20181.00 12 Powered by Capital Market - Live
Coforge Ltd lost 1.57% today to trade at Rs 7350.2. The BSE Information Technology index is down 0.46% to quote at 42963.94. The index is down 2.17 % over last one month. Among the other constituents of the index, 63 Moons Technologies Ltd decreased 1.05% and Tata Consultancy Services Ltd lost 0.99% on the day. The BSE Information Technology index went up 33.16 % over last one year compared to the 22.93% surge in benchmark SENSEX. Coforge Ltd has added 5.11% over last one month compared to 2.17% fall in BSE Information Technology index and 1.6% drop in the SENSEX. On the BSE, 123 shares were traded in the counter so far compared with average daily volumes of 9145 shares in the past one month. The stock hit a record high of Rs 7580 on 15 Oct 2024. The stock hit a 52-week low of Rs 4291.05 on 09 May 2024.Powered by Capital Market - Live
Coforge has fixed 11 October 2024 as record date for the purpose of ascertaining the eligibility of shareholders for payment of interim Dividend, if approved. Powered by Capital Market - Live
Coforge will hold a meeting of the Board of Directors of the Company on 22 October 2024.Powered by Capital Market - Live
Coforge Ltd gained for a fifth straight session today. The stock is quoting at Rs 6354, up 1.14% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.35% on the day, quoting at 25240.45. The Sensex is at 82401.53, up 0.32%. Coforge Ltd has risen around 0.77% in last one month. Meanwhile, Nifty IT index of which Coforge Ltd is a constituent, has risen around 4.66% in last one month and is currently quoting at 42591.65, up 0.38% on the day. The volume in the stock stood at 2.44 lakh shares today, compared to the daily average of 3.15 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 6411, up 1.44% on the day. Coforge Ltd is up 16.24% in last one year as compared to a 31.09% spurt in NIFTY and a 37.19% spurt in the Nifty IT index.The PE of the stock is 48.61 based on TTM earnings ending June 24.Powered by Capital Market - Live
Coforge Ltd is up for a third straight session in a row. The stock is quoting at Rs 6296.8, up 3.55% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.31% on the day, quoting at 25094.85. The Sensex is at 81939.19, up 0.28%. Coforge Ltd has dropped around 0.26% in last one month. Meanwhile, Nifty IT index of which Coforge Ltd is a constituent, has dropped around 4.49% in last one month and is currently quoting at 41709.25, up 2.27% on the day. The volume in the stock stood at 5.48 lakh shares today, compared to the daily average of 2.93 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 6298.9, up 3.55% on the day. Coforge Ltd is up 20.5% in last one year as compared to a 29.74% gain in NIFTY and a 38.19% gain in the Nifty IT index.The PE of the stock is 47.04 based on TTM earnings ending June 24.Powered by Capital Market - Live
Coforge announced its teaming up with Salesforce, the #1 AI CRM, to launch Coforge ENZO, an environmental and net zero offering. With this offering, Coforge and Salesforce will help customers address decarbonization challenges and accurately measure and report on greenhouse gas (GHG) emissions via sustainability consulting and diagnostic assessment services. 'Embarking on a sustainability journey for a business demands a multifaceted approach that includes meticulous tracking and reduction of emissions, insightful ESG analysis, and driving sustainable practices. Coforge ENZO combines the knowledge and expertise of Salesforce's Net Zero Cloud with Coforge's project execution expertise. We are excited to expand our work with Salesforce to empower businesses in achieving their Net Zero commitment,' said Sudhir Singh, CEO, Coforge. Coforge ENZO will streamline emissions data management by identifying, consolidating, and transforming raw data from emission sources across operations. Additionally, the offering will automate carbon accounting with real-time emissions calculations and dashboards, enabling effective, corrective, and preventive actions through robust decarbonization strategy consulting. The solution will automatically generate audit-ready sustainability reports compliant with global and regional regulatory standards like GRI, SEC, and CSRD among others. Powered by Capital Market - Live
Coforge Ltd dropped for a fifth straight session today. The stock is quoting at Rs 6121.2, down 2.62% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.98% on the day, quoting at 24766.8. The Sensex is at 81090.89, down 0.95%.Coforge Ltd has added around 7.75% in last one month.Meanwhile, Nifty IT index of which Coforge Ltd is a constituent, has increased around 7.07% in last one month and is currently quoting at 40709.4, down 1.86% on the day. The volume in the stock stood at 1.65 lakh shares today, compared to the daily average of 6.3 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 6138.55, down 2.67% on the day. Coforge Ltd jumped 28.45% in last one year as compared to a 27.78% rally in NIFTY and a 33.3% spurt in the Nifty IT index.The PE of the stock is 48.64 based on TTM earnings ending June 24.Powered by Capital Market - Live
Coforge announced that the 32th Annual General Meeting (AGM) of the company will be held on 23 August 2024.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 19.9%, vs industry avg of 11.54%
Increasing Market Share
Over the last 5 years, market share increased from 0.79% to 1.18%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 14.91%, vs industry avg of 8.38%