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Coforge Ltd

Coforge Ltd

COFORGE Share Price

NSE
1,215.800.20% (+2.40)
High
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Returns
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With a market cap of ₹36,951 cr, stock is ranked 220

Stock is 2.64x as volatile as Nifty

COFORGE Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹36,951 cr, stock is ranked 220

Stock is 2.64x as volatile as Nifty

COFORGE Performance & Key Metrics

COFORGE Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
30.524.441.38%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
22.145.853.31%

COFORGE Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
83%
Analysts have suggested that investors can buy this stock

from 29 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

COFORGE Company Profile

Coforge Ltd is engaged in the business of application development and maintenance, managed services, cloud computing and business process outsourcing.

Investor Presentation

View older View older 

Dec 28, 2025

PDF
View Older Presentations

COFORGE Similar Stocks (Peers)

Compare with peers Compare with peers 

COFORGE Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
17.76
17.76
1Y Return
30.85%
30.85%
Buy Reco %
69.77
69.77
PE Ratio
19.04
19.04
1Y Return
16.09%
16.09%
Buy Reco %
72.50
72.50
PE Ratio
21.14
21.14
1Y Return
8.21%
8.21%
Buy Reco %
54.05
54.05
PE Ratio
14.96
14.96
1Y Return
26.06%
26.06%
Buy Reco %
26.47
26.47
PE Ratio
31.90
31.90
1Y Return
1.30%
1.30%
Buy Reco %
64.86
64.86
Compare with Peers

COFORGE Sentiment Analysis

COFORGE Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

COFORGE Stock Summary · July 2025

Coforge demonstrated robust growth in Q1 FY26, achieving a 9.6% sequential revenue increase, primarily fueled by the travel sector and bolstered by healthcare and retail. While facing slight declines in banking and insurance, the company remains optimistic, with year-on-year growth of 32% and 20% in these sectors, respectively. Strategic investments in AI-driven solutions, such as the Forge-X platform, are enhancing operational efficiency and positioning Coforge favorably in a competitive landscape. Despite macroeconomic uncertainties impacting discretionary spending, strong demand for large deals persists, supporting a positive outlook for the second half of the fiscal year. Management's focus on operational efficiencies and strategic acquisitions aims to navigate current challenges while targeting improved margins and free cash flow sustainability.

COFORGE Stock Growth Drivers
COFORGE Stock Growth Drivers
7
  • Strong Financial Performance

    Coforge Limited reported a strong performance for Q1 FY2026, achieving a sequential dollar growth of

  • Commitment to Strategic Initiatives

    Coforge maintains a steadfast commitment to its strategic initiatives, emphasizing execution intensity and hyper-specialization in

COFORGE Stock Challenges
COFORGE Stock Challenges
6
  • Declining Margins and Increased Costs

    Coforge has reported a decline in EBIT margins by 50 basis points quarter-on-quarter, attributed to

  • Negative Free Cash Flow (FCF)

    The company has reported negative free cash flow for the quarter, primarily due to significant

COFORGE Forecast

COFORGE Forecasts

Price

Revenue

Earnings

COFORGE

COFORGE

Income

Balance Sheet

Cash Flow

COFORGE Income Statement

COFORGE Income Statement

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Quartersep 2023dec 2023mar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025
Total Revenue2,285.102,338.302,334.002,381.503,080.603,314.603,442.703,777.404,024.204,202.00
Operating & Other expensessubtract1,935.301,928.201,929.802,066.302,616.302,823.002,882.903,136.403,253.203,605.50
Depreciation/Amortizationsubtract77.2081.1079.2071.70114.00116.50125.40159.20171.90170.80
Interest & Other Itemssubtract31.9034.6037.0032.4030.4032.2039.7046.2040.9041.50
Taxes & Other Itemssubtract59.7056.4064.3077.90117.80127.40127.50118.20182.40134.00
EPS5.927.737.244.195.996.457.809.4711.217.45

COFORGE Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual Report Pending

Investor Presentation

Dec 28PDF
FY 2025FY 2025

Annual report

PDF
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF

Investor Presentation

Feb 17PDF
FY 2020FY 2020

Annual report

PDF
FY 2019FY 2019

Annual report

PDF
FY 2018FY 2018

Annual report

PDF
FY 2017FY 2017

Annual report

PDF
 

COFORGE Stock Peers

COFORGE Past Performance & Peer Comparison

COFORGE Past Performance & Peer Comparison

Comparing 3 stocks from 
Information TechnologyIT Services & Consulting

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Coforge Ltd45.504.441.38%
Tata Consultancy Services Ltd17.769.015.29%
Infosys Ltd19.045.293.50%
HCL Technologies Ltd21.145.284.43%

COFORGE Stock Price Comparison

Compare COFORGE with any stock or ETF
Compare COFORGE with any stock or ETF
COFORGE
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COFORGE Holdings

COFORGE Shareholdings

COFORGE Promoter Holdings Trend

COFORGE Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

COFORGE Institutional Holdings Trend

COFORGE Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

COFORGE Shareholding Pattern

COFORGE Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding0.00%38.70%14.97%34.53%11.80%

Mar 2025

Jun 2025

Sep 2025

Dec 2025

COFORGE Shareholding History

COFORGE Shareholding History

SepDec '24MarJunSepDec '2542.09%42.55%40.21%37.42%34.09%34.53%

Mutual Funds Invested in COFORGE

Mutual Funds Invested in COFORGE

No mutual funds holding trends are available

Top 5 Mutual Funds holding Coforge Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
5.5491%6.09%-3.83%6/31 (-4)
5.0128%1.97%-1.27%17/80 (-10)
2.2179%6.36%-3.64%3/28 (+3)

Compare 3-month MF holding change on Screener

COFORGE Insider Trades & Bulk Stock Deals

COFORGE Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing COFORGE stock

smallcases containing COFORGE stock

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Coforge Ltd

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IT Tracker

IT Tracker

Created by Windmill Capital

COFORGE's Wtg.
8.70%
8.70%
CAGR
11.46%

COFORGE Events

COFORGE Events

COFORGE Dividend Trend

No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year

COFORGE has increased or maintained dividend levels over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.38%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹13.76 every year

Dividends

Corp. Actions

Announcements

Legal Orders

COFORGE Dividend Trend

No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year

COFORGE has increased or maintained dividend levels over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.38%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹13.76 every year

COFORGE Upcoming Dividends

COFORGE Upcoming Dividends

No upcoming dividends are available

COFORGE Past Dividends

COFORGE Past Dividends

Cash Dividend

Ex DateEx DateJan 30, 2026

Interim 3
Interim 3 | Div/Share: ₹4.00

Dividend/Share

4.00

Ex DateEx Date

Jan 30, 2026

Cash Dividend

Ex DateEx DateOct 31, 2025

Interim 2
Interim 2 | Div/Share: ₹4.00

Dividend/Share

4.00

Ex DateEx Date

Oct 31, 2025

Cash Dividend

Ex DateEx DateJul 31, 2025

Interim
Interim | Div/Share: ₹4.00

Dividend/Share

4.00

Ex DateEx Date

Jul 31, 2025

Cash Dividend

Ex DateEx DateMay 9, 2025

Interim 4
Interim 4 | Div/Share: ₹19.00

Dividend/Share

19.00

Ex DateEx Date

May 9, 2025

Cash Dividend

Ex DateEx DateJan 30, 2025

Interim 3
Interim 3 | Div/Share: ₹19.00

Dividend/Share

19.00

Ex DateEx Date

Jan 30, 2025

COFORGE Stock News & Opinions

COFORGE Stock News & Opinions

Corporate
Coforge announces strategic partnership with Solstice Innovations Inc.

Coforge announced a strategic partnership with Solstice Innovations, Inc. to accelerate agentic AI-led adoption of modern core insurance technology for P&C insurers. Under the agreement, Coforge will establish a dedicated Center of Excellence (CoE) powered by its Forge-X AI platform, enabling faster, more intelligent client onboarding, system integration, migration, quality engineering, and business process transformation for Solstice and its customers. The Coforge-Solstice partnership brings together two AI-native capabilities that in combination will redefine P&C insurance modernization through agentic AI. Solstice's agentic Equinox' platform defines the destination as a modern, intelligent core system that transforms how insurers operate, leverage, interface with and pay for their technology products. Coforge Forge-X defines the journey of an AI-driven delivery engine that gets insurers there faster and with greater confidence. Together, they create an end to-end modernization proposition that is both technically differentiated and commercially compelling for P&C insurers across multiple lines of business. Coforge Forge-X will serve as the primary accelerator for moving Solstice's prospective and existing clients from legacy environments onto the Equinox platform with greater speed, lower risk, and measurably reduced implementation cost.

4 days agoCapital Market - Live
Corporate
Coforge to hold board meeting

Coforge will hold a meeting of the Board of Directors of the Company on 5 May 2026.

1 week agoCapital Market - Live
Corporate
Coforge allots 10,720 equity shares under ESOP

Coforge has allotted 10,720 equity shares under ESOP on 25 March 2026. Consequently, the paid up equity share capital has increased to 33,58,10,937 equity shares of face value of Rs. 2/- each aggregating to Rs. 67,16,21,874. Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
Coforge Ltd soars 3.82%, Gains for third straight session

Coforge Ltd is up for a third straight session in a row. The stock is quoting at Rs 1152.5, up 3.82% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 2.21% on the day, quoting at 23418.65. The Sensex is at 75694.93, up 2.2%. Coforge Ltd has dropped around 3.99% in last one month. Meanwhile, Nifty IT index of which Coforge Ltd is a constituent, has dropped around 2.14% in last one month and is currently quoting at 29648.9, up 0.85% on the day. The volume in the stock stood at 20.94 lakh shares today, compared to the daily average of 34.86 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 1144.6, up 3.16% on the day. Coforge Ltd is down 28.21% in last one year as compared to a 0.29% fall in NIFTY and a 19.92% fall in the Nifty IT index.The PE of the stock is 51.26 based on TTM earnings ending December 25.Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Coforge adopts ServiceNow-powered HRSD platform

ServiceNow (NYSE: NOW), the AI platform for business transformation, and Coforge announced the successful global rollout of the ServiceNow AI-powered HR Service Delivery (HRSD) platform at Coforge. By adopting ServiceNow internally as a customer, Coforge has modernized and enhanced the employee experience for its 35,000+ global workforce, marking a significant milestone in the company's enterprise-wide AI and digital transformation journey. The GenAI-enabled HRSD platform redefines how HR services are delivered, accessed, and scaled across Coforge. Leveraging intelligent automation, intuitive self-service, and AI-driven insights, the platform accelerates service delivery, improves employee satisfaction, and enables a more consistent and connected experience across geographies. As part of the implementation, Coforge has unified critical HR processes including onboarding, background verification, learning, and performance management through standardized workflows and deep integrations with learning platforms, verification systems, and core HR tools. The company has further extended the platform by building AI agents that enable predictive onboarding, personalized learning journeys, automated goal-setting workflows, and real-time performance analytics'helping deliver faster turnaround times, stronger compliance, and improved operational efficiency. This internal transformation directly supports Coforge's high-growth trajectory and execution-driven culture. As the organization continues to expand across industries and regions, the ServiceNow-powered HRSD platform provides a scalable, AI-first foundation that allows HR teams to focus on high-value initiatives while maintaining execution rigor and operational excellence.Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Coforge partners with VHC Health

Coforge announced a strategic partnership with VHC Health. Under the agreement, Coforge will serve as VHC Health's Digital and IT Services provider. This milestone marks Coforge's significant expansion in the healthcare provider market and strengthens its Provider Experience Management capabilities, reflecting a shared focus on delivering secure, reliable, and clinician focused digital infrastructure to support care delivery across the organization. As part of the partnership, Coforge will act as VHC Health's end-to-end transformation partner across infrastructure, cloud, digital workplace, and cybersecurity services. The scope includes enhancing the caregiver and clinician experience, exiting legacy data centres and migrating to AWS, transforming the network, and enabling hi-trust security to strengthen VHC Health's overall cyber resilience. These efforts are designed to facilitate long-term, scalable digital transformation in alignment with clinical and operational priorities. The transformation roadmap will begin with the implementation of IT Service Management processes using ServiceNow, followed by the deployment of Coforge's AI-driven EvolveOps.AI and SecureOps solutions to enhance service availability, operational resilience, and security, while supporting a proactive, outcomes-driven operating model. Delivery will be facilitated through the creation of a resilient hybrid delivery model tailored for healthcare provider needs. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Coforge edges higher after signing strategic deal with US-based VHC Health

VHC Health is an independent, not-for-profit, 548-bed health system serving the Washington, DC metropolitan area, anchored by a nationally recognized top teaching hospital. As part of the partnership, Coforge will act as VHC Health's end-to-end transformation partner across infrastructure, cloud, digital workplace, and cybersecurity services. The scope includes enhancing the caregiver and clinician experience, exiting legacy data centres and migrating to AWS, transforming the network, and enabling hi-trust security to strengthen VHC Health's overall cyber resilience. These efforts are designed to facilitate long-term, scalable digital transformation in alignment with clinical and operational priorities. This milestone marks Coforge's significant expansion in the healthcare provider market and strengthens its Provider Experience Management capabilities,' the company stated. The transformation roadmap will begin with the implementation of IT Service Management processes using ServiceNow, followed by the deployment of Coforge's AI-driven EvolveOps.AI and SecureOps solutions to enhance service availability, operational resilience, and security, while supporting a proactive, outcomes-driven operating model. Delivery will be facilitated through the creation of a resilient hybrid delivery model tailored for healthcare provider needs. Sudhir Singh, CEO and executive director, Coforge, said: Healthcare is a key growth engine for Coforge. We are proud to partner with VHC Health on this transformational journey and to support their mission of delivering exceptional patient care through a modern, secure digital foundation. Coforge is a global tech services and solutions provider, that leverages emerging technologies and deep domain expertise to deliver real-world business impact for its clients. The company had reported 33.4% fall in consolidated net profit to Rs 250.2 crore despite a 5.1% increase in gross revenues to Rs 4,188.1 crore in Q3 FY26 as compared with Q2 FY26. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Coforge rises after securing five-year deal from UK-based client worth $158 million

The firm shall provide services effective April 2026. Revenue accrual under the contract will be evenly spread over five years. The firm expects material expansion of ancillary revenue around this core contract over the next five years from the same client. John Speight, President Coforge and Europe Business Leader, said: AI led conversations focused on driving innovation, improving governance and resiliency are helping drive a material increase in the number and median size of large deals in play across Europe. Our five key AI-based platforms- Coforge Forge-X, Coforge EvolveOps.Ai, Coforge BlueSwan, Coforge Quasar and Coforge Data Cosmos- have set us up very nicely to address these asks. Coforge is a global tech services and solutions provider, that leverages emerging technologies and deep domain expertise to deliver real-world business impact for its clients. The company had reported 33.4% fall in consolidated net profit to Rs 250.2 crore despite a 5.1% increase in gross revenues to Rs 4,188.1 crore in Q3 FY26 as compared with Q2 FY26. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Coforge wins $158 million deal with UK based client

Coforge announced that it has been awarded a $158 million five-year contract by a UK based client. The firm shall provide services effective April 2026. Revenue accrual under the contract will be evenly spread over five years. The firm expects material expansion of ancillary revenue around this core contract over the next five years from the same client. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Coforge Ltd eases for fifth straight session

Coforge Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1291.7, down 3.65% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.29% on the day, quoting at 25644.85. The Sensex is at 83125.93, up 0.38%.Coforge Ltd has eased around 22.39% in last one month.Meanwhile, Nifty IT index of which Coforge Ltd is a constituent, has eased around 18.25% in last one month and is currently quoting at 32004.05, down 1.49% on the day. The volume in the stock stood at 32.41 lakh shares today, compared to the daily average of 30.19 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 1291.2, down 3.75% on the day. Coforge Ltd tumbled 15.34% in last one year as compared to a 13.71% rally in NIFTY and a 20.08% fall in the Nifty IT index.The PE of the stock is 61.88 based on TTM earnings ending December 25.Powered by Capital Market - Live

1 month agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Coforge Ltd (COFORGE) today?

    The share price of COFORGE as on 6th April 2026 is ₹1215.80. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Coforge Ltd (COFORGE) share?

    The past returns of Coforge Ltd (COFORGE) share are
    • Past 1 week: 5.12%
    • Past 1 month: 5.01%
    • Past 3 months: -26.47%
    • Past 6 months: -24.78%
    • Past 1 year: -21.83%
    • Past 3 years: 59.07%
    • Past 5 years: 99.80%

  3. What are the peers or stocks similar to Coforge Ltd (COFORGE)?

    The peers or stocks similar to Coforge Ltd (COFORGE) include:

  4. What is the dividend yield % of Coforge Ltd (COFORGE) share?

    The current dividend yield of Coforge Ltd (COFORGE) is 1.38.

  5. What is the market cap of Coforge Ltd (COFORGE) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Coforge Ltd (COFORGE) is ₹36951.46 Cr as of 6th April 2026.

  6. What is the 52 week high and low of Coforge Ltd (COFORGE) share?

    The 52-week high of Coforge Ltd (COFORGE) is ₹1994 and the 52-week low is ₹1008.10.

  7. What is the PE and PB ratio of Coforge Ltd (COFORGE) stock?

    The P/E (price-to-earnings) ratio of Coforge Ltd (COFORGE) is 45.50. The P/B (price-to-book) ratio is 4.44.

  8. Which sector does Coforge Ltd (COFORGE) belong to?

    Coforge Ltd (COFORGE) belongs to the Information Technology sector & IT Services & Consulting sub-sector.

  9. How to buy Coforge Ltd (COFORGE) shares?

    You can directly buy Coforge Ltd (COFORGE) shares on Tickertape. Simply sign up, connect your demat account and place your order.