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Coforge Ltd

COFORGE Share Price

1,851.000.52% (+9.60)
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With a market cap of ₹61,989 cr, stock is ranked 174

Stock is 3.10x as volatile as Nifty

COFORGE Stock Scorecard

Performance

Avg

Price return has been average, nothing exciting

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 ₹61,989 cr, stock is ranked 174

Stock is 3.10x as volatile as Nifty

COFORGE Performance & Key Metrics

COFORGE Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
52.727.440.82%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
28.487.482.56%

COFORGE Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
74%
Analysts have suggested that investors can buy this stock

from 31 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.

COFORGE Similar Stocks (Peers)

Compare with peers Compare with peers 

COFORGE Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
24.00
24.00
1Y Return
27.71%
27.71%
Buy Reco %
74.42
74.42
PE Ratio
24.20
24.20
1Y Return
19.57%
19.57%
Buy Reco %
75.00
75.00
PE Ratio
26.03
26.03
1Y Return
13.58%
13.58%
Buy Reco %
60.00
60.00
PE Ratio
20.78
20.78
1Y Return
15.69%
15.69%
Buy Reco %
34.29
34.29
PE Ratio
40.51
40.51
1Y Return
5.75%
5.75%
Buy Reco %
57.89
57.89
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

Industry refers to the sub-sector this company belongs to.
Higher than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 23.5%, vs industry avg of 10.98%

Increasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.83% to 1.46%

Higher than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 12.84%, vs industry avg of 9.09%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue2,829.003,030.503,729.704,251.604,695.406,483.808,076.509,054.3012,215.4014,558.90
Raw Materialssubtract14.1031.7029.1084.40193.50172.4055.109.4010.1012,095.50
Power & Fuel Costsubtract18.5018.5017.7016.9012.4013.9015.8019.4024.00
Employee Costsubtract1,651.301,760.102,153.202,529.802,815.803,834.604,828.005,391.407,224.10
Selling & Administrative Expensessubtract441.10513.70622.40598.40552.40873.401,188.901,261.101,963.70
Operating & Other expensessubtract219.70166.10210.90238.20327.20435.80698.40893.801,162.50
Depreciation/Amortizationsubtract127.70127.40124.80173.00183.60227.20258.50297.20427.60573.00
Interest & Other Itemssubtract6.009.409.2015.5014.3065.0080.60125.50134.70159.00
Taxes & Other Itemssubtract100.50123.40159.10151.40140.60199.80257.40248.50456.60555.50
EPS8.169.1313.0914.2914.8121.7822.7526.3025.2435.17
DPS2.503.000.006.202.6010.4012.8015.2015.2015.40
Payout ratio0.310.330.000.430.180.480.560.580.600.44

COFORGE Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
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 Ltd76.337.440.82%
Tata Consultancy Services Ltd24.0012.173.91%
Infosys Ltd24.206.722.76%
HCL Technologies Ltd26.036.503.60%

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

Decreased 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 decreased by 3.33%

Tickertape Separator

COFORGE Shareholding Pattern

COFORGE Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding0.00%38.66%16.22%34.09%11.03%

Dec 2024

Mar 2025

Jun 2025

Sep 2025

COFORGE Shareholding History

COFORGE Shareholding History

JunSepDec '24MarJunSep41.43%42.09%42.55%40.21%37.42%34.09%

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)
6.1129%9.92%0.13%2/24 (0)
4.8348%3.23%0.04%7/78 (-3)
2.3213%10.00%-0.08%2/24 (0)

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
21.70%

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 0.83%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹8.34 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 0.83%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹8.34 every year

COFORGE Upcoming Dividends

COFORGE Upcoming Dividends

No upcoming dividends are available

COFORGE Past Dividends

COFORGE Past Dividends

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

Cash Dividend

Ex DateEx DateOct 11, 2024

Interim 2
Interim 2 | Div/Share: ₹19.00

Dividend/Share

19.00

Ex DateEx Date

Oct 11, 2024

COFORGE Stock News & Opinions

COFORGE Stock News & Opinions

Corporate
Coforge announces board meeting date

Coforge will hold a meeting of the Board of Directors of the Company on 22 January 2026.Powered by Capital Market - Live

3 days agoCapital Market - Live
Corporate
Coforge launches z/Transaction Processing Facility Center of Excellence

Coforge announced the launch of its z/Transaction Processing Facility (z/TPF) Center of Excellence (CoE) within its Advanced Engineering Services unit to accelerate modernization of mission-critical transaction systems in industries such as Financial Services, Aviation, Hospitality, and Retail. The CoE uses a suite of AI powered tools designed specifically for the needs of complex modernization programs to help enterprises modernize faster, with greater reliability and lower risk. For decades, industries such as airlines, travel, financial services, railways, and hospitality have relied on Transaction Processing Facility (TPF) systems'a specialized mainframe environment that powers billions of real-time, high-volume transactions every day. As these sectors face increasing pressure to upgrade legacy platforms, support real-time digital operations, and strengthen compliance and resilience, the new CoE becomes essential. Aligned with Coforge's strategy of deep sector specialization, the CoE will provide agentic AI frameworks and domain expertise to help organizations transition their TPF environments into modern, cloud-ready, AI-enabled digital ecosystems. The z/TPF CoE will modernize mission-critical transaction platforms across Coforge's core verticals by integrating AI-enabled engineering, automation, and cloud-ready architectures. In financial services, it will elevate real-time authorization, fraud management, and trading systems through intelligent automation, improving efficiency, accuracy, and compliance. In travel and aviation'where z/TPF continues to power global reservation, ticketing, loyalty, and baggage operations'the CoE will help modernize passenger service systems, reduce operational latency, and enhance digital customer experiences. Powered by Capital Market - Live

4 days agoCapital Market - Live
Corporate
Coforge introduces new accelerators on its Quasar AI platform

Coforge announced the expansion of the Coforge Quasar AI platform with a new suite of AI driven accelerators designed to boost enterprise productivity, drive responsible innovation, and scale AI adoption across industries. Over the last two years, since its launch Coforge Quasar AI platform has witnessed 300+ paid AI deployments, delivered 200+ industry-specific solutions, and established 20+ strategic partnerships, enabling rapid business outcomes for enterprises worldwide. Building on this success that already provides thousands of users secure, governed access to AI models and deployable agents, Coforge has launched new accelerators to deepening workflow integration, strengthening responsible AI governance, and unlocking greater scale and adaptability. The new accelerators available on the Coforge Quasar AI platform include: AgentSphere: An advanced marketplace that lets organizations discover, deploy, and orchestrate AI agents for diverse business needs. Designed for rapid workflow automation, and integrates intelligent agents into core processes, boosting efficiency, adaptability, and scalability across functions and industries. Trust AI: Governance protocols, privacy frameworks, and compliance controls to ensure ethical, transparent, and scalable AI adoption. LLM Router: An intelligent orchestration engine that dynamically selects the most effective large language model for each task, ensuring efficiency, cost optimization, and compliance. Model Garden: A centralized environment giving developers and client teams access to a diverse portfolio of generative AI models, supporting experimentation, prototyping, and faster integration. RAG as a Service: Managed Retrieval-Augmented Generation that grounds AI responses in proprietary enterprise knowledge bases, ensuring context-rich, accurate, and citation-driven outputs. The accelerators complement Quasar GenAI Central and Quasar Marketplace that are enterprise-grade, secure GenAI playground and all-in-one destination for AI capabilities respectively. Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
Coforge Ltd soars 0.1%, up for fifth straight session

Coforge Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1912.2, up 0.1% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.06% on the day, quoting at 26230. The Sensex is at 85782.15, up 0.07%. Coforge Ltd has added around 6.39% in last one month. Meanwhile, Nifty IT index of which Coforge Ltd is a constituent, has added around 3.8% in last one month and is currently quoting at 37446.3, up 0.04% on the day. The volume in the stock stood at 9.66 lakh shares today, compared to the daily average of 13.73 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 1918.7, down 0.14% on the day. Coforge Ltd is up 10.08% in last one year as compared to a 8.7% jump in NIFTY and a 13.18% jump in the Nifty IT index.The PE of the stock is 91.4 based on TTM earnings ending September 25.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
Coforge Ltd spurts 1.05%, gains for third straight session

Coforge Ltd is up for a third straight session in a row. The stock is quoting at Rs 1851, up 1.05% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.08% on the day, quoting at 26165.55. The Sensex is at 85506.55, up 1.09%. Coforge Ltd has added around 1.11% in last one month. Meanwhile, Nifty IT index of which Coforge Ltd is a constituent, has added around 3.11% in last one month and is currently quoting at 36826.9, up 1.16% on the day. The volume in the stock stood at 4.75 lakh shares today, compared to the daily average of 16.85 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 1865.6, up 1.19% on the day. Coforge Ltd is up 6.71% in last one year as compared to a 7.79% gain in NIFTY and a 15.37% gain in the Nifty IT index.The PE of the stock is 87.64 based on TTM earnings ending September 25.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Coforge launches AI native delivery platform Forge-X

Coforge announced the launch of Forge-X, an integrated engineering and delivery platform, purpose built on Agentic AI principles that completely transforms how software is delivered. This comprehensive platform harnesses autonomous AI agents, that draw on Coforge's deep engineering expertise and use contextual decision making based on the firm's industry domain depth to deliver complex technology transformations at scale. Conceptualized and designed by Coforge's Advanced Engineering Services Unit Forge-X is built on the foundation of an AI-native approach that spans across the Software Development Life Cycle (SDLC) and Product Development Life Cycle (PDLC). With a mission to deliver future-ready digital platforms for clients at scale with faster time-to-market, improved resiliency and optimized engineering costs; Forge-X ensures precision, agility, and industrialization across product development initiatives. Forge-X is the backbone of Coforge's AI-native software development, enabling intelligent delivery at scale through a tightly integrated ecosystem of tools, agentic assistants, and collaborative platforms. It orchestrates development teams across geographies, leverages specialized domain knowledge, and connects seamlessly with third-party systems'such as Jira, LeanIX, Ardoq, and ServiceNow. With agents supporting every role'from product owners to architects to developers, testers, and operations'Forge-X ensures that every phase of the software development lifecycle is context-aware, automated, and optimized for speed, quality, and business alignment. The Coforge Forge-X platform is anchored on three strategic pillars. Firstly, the platform embeds the firm's deep domain expertise into its engineering fabric to ensure that engineering decisions are informed by domain semantics, tool functions with contextual awareness, and deliverables are aligned with both business and technical expectations. Secondly, the team has developed a suite of specialized AI agents that are purpose-built to address specific engineering challenges. The agents are continuously refined through real-world project feedback and are designed to deliver incremental intelligence, enhance productivity and agile optimization. And thirdly, the platform is equipped with a comprehensive suite of industrial-grade tools and accelerators that are tailored to specific engineering functions. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Coforge allots 1.02 lakh equity shares under ESOP

Coforge has allotted 1,02,070 equity shares under ESOP on 20 November 2025. With this allotment, the paid up equity share capital has increased to 334,896,619 equity shares of face value of Rs. 2/- each aggregating to Rs. 669,793,238. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Spotlight
Coforge Ltd rises for third consecutive session

Coforge Ltd gained for a third straight session today. The stock is quoting at Rs 1823.4, up 1.46% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.85% on the day, quoting at 25912.35. The Sensex is at 84598.03, up 0.87%. Coforge Ltd has risen around 6.26% in last one month. Meanwhile, Nifty IT index of which Coforge Ltd is a constituent, has risen around 4.31% in last one month and is currently quoting at 36116.9, up 2.04% on the day. The volume in the stock stood at 6.85 lakh shares today, compared to the daily average of 15.86 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 1830, up 1.33% on the day. Coforge Ltd is up 13.17% in last one year as compared to a 9.99% spurt in NIFTY and a 13.02% spurt in the Nifty IT index.The PE of the stock is 85.98 based on TTM earnings ending September 25.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Coforge to conduct EGM

Coforge announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 6 December 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Coforge inaugurates Data & AI Lab at IIT (BHU), Varanasi

Coforge has inaugurated the Coforge Data & AI Lab at IIT (BHU), Varanasi. Established under a formal Memorandum of Understanding (MoU) between Coforge and IIT (BHU), Varanasi this initiative marks a significant milestone in Coforge's CSR commitment to building a sustainable, future-focused model of industry-academic collaboration in Artificial Intelligence and Data Science. Located in the I-DAPT building on the iconic IIT (BHU), Varanasi campus, the 980 sq. ft. lab is designed to foster innovation and experiential learning. It features 32 high-end Apple desktops, Azure cloud access, a video conferencing facility, and curated learning modules via Percipio. Students and researchers at IIT (BHU), Varanasi will now have access to a live, enterprise-grade environment to explore real-world AI and data science applications, supported by structured learning and mentorship from Coforge's Data and AI experts. 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 12th December 2025 is ₹1851. 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: -6.15%
    • Past 1 month: 1.94%
    • Past 3 months: 4.93%
    • Past 6 months: 3.73%
    • Past 1 year: 0.64%
    • Past 3 years: 136.93%
    • Past 5 years: 269.73%

  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 0.82.

  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 ₹61989.36 Cr as of 12th December 2025.

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

    The 52-week high of Coforge Ltd (COFORGE) is ₹2005.36 and the 52-week low is ₹1194.01.

  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 76.33. The P/B (price-to-book) ratio is 7.44.

  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.