Good morning :)
Place Order
Add to Watchlist

Coforge Ltd

COFORGE

Coforge Ltd

COFORGE
Information TechnologyIT Services & Consulting
MidcapWith a market cap of ₹40,198 cr, stock is ranked 188
Moderate RiskStock is 2.96x as volatile as Nifty
6,504.700.75% (-49.35)
6,504.700.75% (-49.35)

Price Chart

High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP
Information TechnologyIT Services & Consulting
MidcapWith a market cap of ₹40,198 cr, stock is ranked 188
Moderate RiskStock is 2.96x 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

Avg

Financials growth has been moderate for a few years

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 ₹40,198 cr, stock is ranked 188
Moderate RiskStock is 2.96x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
57.5012.680.97%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
33.919.032.06%

Forecast & Ratings

Detailed Forecast 
62%
Analysts have suggested that investors can buy this stock

from 26 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.

Get more out of Tickertape, Go Pro!

Customise key metrics, see detailed forecasts, download stock data and more

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 21.66%, vs industry avg of 13.37%

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 0.74% to 1.09%

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 19.88%, vs industry avg of 10.15%

Loading...

Financial YearFY 2015FY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023TTM
Total Revenue2,389.812,710.302,829.003,030.503,729.704,251.604,695.406,483.808,076.509,033.00
Raw Materialssubtract97.7630.8014.1031.7029.1084.40193.50172.4055.107,705.30
Power & Fuel Costsubtract15.4616.7018.5018.5017.7016.9012.4013.9015.80
Employee Costsubtract1,333.151,541.901,651.301,760.102,153.202,529.802,815.803,834.604,828.00
Selling & Administrative Expensessubtract384.71426.20441.10513.70622.40598.40552.40873.401,188.90
Operating & Other expensessubtract285.50200.70219.70166.10210.90238.20327.20435.80698.40
Depreciation/Amortizationsubtract91.64121.10127.70127.40124.80173.00183.60227.20258.50305.70
Interest & Other Itemssubtract5.677.506.009.409.2015.5014.3065.0080.60108.10
Taxes & Other Itemssubtract61.8595.40100.50123.40159.10151.40140.60199.80257.40214.80
EPS18.7444.1840.8245.6365.4571.4574.03108.92113.74114.44
DPS9.5010.0012.5015.000.0031.0013.0052.0064.0076.00
Payout ratio0.510.230.310.330.000.430.180.480.560.66

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

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Coforge Ltd57.9412.680.97%
Tata Consultancy Services Ltd35.1516.242.84%
Infosys Ltd28.429.042.05%
HCL Technologies Ltd29.986.812.93%

Price Comparison

Compare COFORGE with any stock or ETF
Compare COFORGE with any stock or ETF
COFORGE
Loading...

Shareholdings

Promoter Holdings Trend

Decreased 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 decreased by 26.63%

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

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

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding0.00%42.77%12.25%34.04%10.94%

Mar 2023

Jun 2023

Sep 2023

Dec 2023

Shareholding History

SepDec '22MarJunSepDec '2321.02%21.30%25.40%24.78%34.36%34.04%

Mutual Funds Holding Trend

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 almost stayed constant

Top 5 Mutual Funds holding Coforge Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
HDFC MUTUAL FUND MID CAP OPP FUND DIRECT GROWTH OPEN ENDED

Growth
4.0260%2.91%-0.13%40/72 (-1)
UTI Flexi Cap Fund - Growth - Direct Plan

Growth
2.0053%3.07%-0.13%19/65 (-1)
Motilal Oswal Flexi Cap Fund - Growth - Direct Plan

Growth
1.6202%7.19%0.15%5/29 (+1)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Loading...

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

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

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

Cash Dividend

Ex DateEx DateFeb 3, 2023

Interim 3
Interim 3 | Div/Share: ₹19.00

Dividend/Share

19.00

Ex DateEx Date

Feb 3, 2023