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Coforge Ltd

COFORGE

Coforge Ltd

COFORGE
Information TechnologyIT Services & Consulting
MidcapWith a market cap of ₹42,244 cr, stock is ranked 203
Moderate RiskStock is 2.58x as volatile as Nifty
6,334.100.00% (+0.00)
6,334.100.00% (+0.00)

Price Chart

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Returns
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SIP
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1D
1W
1M
1Y
5Y
Max
SIP
Information TechnologyIT Services & Consulting
MidcapWith a market cap of ₹42,244 cr, stock is ranked 203
Moderate RiskStock is 2.58x as volatile as Nifty
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

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Information TechnologyIT Services & Consulting
MidcapWith a market cap of ₹42,244 cr, stock is ranked 203
Moderate RiskStock is 2.58x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
54.4513.330.82%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
34.399.251.37%

Forecast & Ratings

Detailed Forecast 
63%
Analysts have suggested that investors can buy this stock

from 27 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

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

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

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 19.9%, vs industry avg of 11.53%

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 0.79% to 1.18%

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 14.91%, vs industry avg of 8.39%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue2,710.302,829.003,030.503,729.704,251.604,695.406,483.808,076.509,240.409,429.60
Raw Materialssubtract30.8014.1031.7029.1084.40193.50172.4055.107,751.307,943.80
Power & Fuel Costsubtract16.7018.5018.5017.7016.9012.4013.9015.80
Employee Costsubtract1,541.901,651.301,760.102,153.202,529.802,815.803,834.604,828.00
Selling & Administrative Expensessubtract426.20441.10513.70622.40598.40552.40873.401,188.90
Operating & Other expensessubtract200.70219.70166.10210.90238.20327.20435.80698.40
Depreciation/Amortizationsubtract121.10127.70127.40124.80173.00183.60227.20258.50318.60324.40
Interest & Other Itemssubtract7.506.009.409.2015.5014.3065.0080.60125.60136.00
Taxes & Other Itemssubtract95.40100.50123.40159.10151.40140.60199.80257.40236.90249.50
EPS44.1840.8245.6365.4571.4574.03108.92113.74131.56127.02
DPS10.0012.5015.000.0031.0013.0052.0064.0057.0076.00
Payout ratio0.230.310.330.000.430.180.480.560.430.60

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2021

Annual report

PDF

Investor Presentation

Feb 17PDF
 

Peers & Comparison

Comparing 3 stocks from 
Information TechnologyIT Services & Consulting

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Coforge Ltd52.2813.330.82%
Tata Consultancy Services Ltd33.9417.061.70%
Infosys Ltd28.968.592.51%
HCL Technologies Ltd27.296.28

Price Comparison

Compare COFORGE with any stock or ETF
Compare COFORGE with any stock or ETF
COFORGE
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Shareholdings

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

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

Increased 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 increased by 6.43%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding0.00%34.96%12.33%41.43%11.27%

Dec 2023

Mar 2024

May 2024

Jun 2024

Shareholding History

JunSepDec '23MarMayJun24.78%34.36%34.04%35.00%40.38%41.43%

Mutual Funds Holding Trend

Decreased Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has decreased by 6.72%

Top 5 Mutual Funds holding Coforge Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
HDFC Mid-Cap Opportunities Fund - Growth - Direct Plan

Growth
4.1116%2.40%-0.10%42/76 (0)
UTI Flexi Cap Fund - Growth - Direct Plan

Growth
1.6017%2.57%-0.24%19/69 (-1)
Motilal Oswal Midcap Fund - Growth - Direct Plan

Growth
1.5232%4.97%-0.54%9/29 (-1)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

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

Events

Dividend Trend

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 0.82%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹8.24 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateMay 15, 2024

Interim 4
Interim 4 | Div/Share: ₹19.00

Dividend/Share

19.00

Ex DateEx Date

May 15, 2024

Cash Dividend

Ex DateEx DateFeb 5, 2024

Interim 3
Interim 3 | Div/Share: ₹19.00

Dividend/Share

19.00

Ex DateEx Date

Feb 5, 2024

Cash Dividend

Ex DateEx DateNov 2, 2023

Interim 2
Interim 2 | Div/Share: ₹19.00

Dividend/Share

19.00

Ex DateEx Date

Nov 2, 2023

Cash Dividend

Ex DateEx DateAug 3, 2023

Interim
Interim | Div/Share: ₹19.00

Dividend/Share

19.00

Ex DateEx Date

Aug 3, 2023

Cash Dividend

Ex DateEx DateMay 10, 2023

Interim 4
Interim 4 | Div/Share: ₹19.00

Dividend/Share

19.00

Ex DateEx Date

May 10, 2023