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Coforge Ltd

COFORGE

Coforge Ltd

COFORGE
Information TechnologyIT Services & Consulting
MidcapWith a market cap of ₹49,256 cr, stock is ranked 166
Moderate RiskStock is 2.60x as volatile as Nifty
7,512.102.00% (+147.05)
7,512.102.00% (+147.05)

Price Chart

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1W
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5Y
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1D
1W
1M
1Y
5Y
Max
SIP
Information TechnologyIT Services & Consulting
MidcapWith a market cap of ₹49,256 cr, stock is ranked 166
Moderate RiskStock is 2.60x as volatile as Nifty

How to use scorecard? Learn more

Information TechnologyIT Services & Consulting
MidcapWith a market cap of ₹49,256 cr, stock is ranked 166
Moderate RiskStock is 2.60x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
63.5913.220.95%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
29.537.831.99%

Forecast & Ratings

Detailed Forecast 
71%
Analysts have suggested that investors can buy this stock

from 28 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.

PE Ratio
27.57
1Y Return
15.77%
Buy Reco %
67.50
PE Ratio
25.11
1Y Return
0.79%
Buy Reco %
66.67
PE Ratio
26.67
1Y Return
5.98%
Buy Reco %
44.44
PE Ratio
24.61
1Y Return
1.86%
Buy Reco %
40.00
PE Ratio
59.79
1Y Return
13.16%
Buy Reco %
60.00
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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 11.5%

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 1.16%

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 9.29%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue2,710.302,829.003,030.503,729.704,251.604,695.406,483.808,076.509,240.4011,302.60
Raw Materialssubtract30.8014.1031.7029.1084.40193.50172.4055.109.409,605.90
Power & Fuel Costsubtract16.7018.5018.5017.7016.9012.4013.9015.8019.20
Employee Costsubtract1,541.901,651.301,760.102,153.202,529.802,815.803,834.604,828.005,506.90
Selling & Administrative Expensessubtract426.20441.10513.70622.40598.40552.40873.401,188.901,313.70
Operating & Other expensessubtract200.70219.70166.10210.90238.20327.20435.80698.40902.10
Depreciation/Amortizationsubtract121.10127.70127.40124.80173.00183.60227.20258.50318.60417.20
Interest & Other Itemssubtract7.506.009.409.2015.5014.3065.0080.60125.60132.40
Taxes & Other Itemssubtract95.40100.50123.40159.10151.40140.60199.80257.40236.90372.50
EPS44.1840.8245.6365.4571.4574.03108.92113.74131.48125.30
DPS10.0012.5015.000.0031.0013.0052.0064.0076.0076.00
Payout ratio0.230.310.330.000.430.180.480.560.580.61

Company Updates

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

Peers & Comparison

Comparing 3 stocks from 
Information TechnologyIT Services & Consulting

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Coforge Ltd60.9613.220.95%
Tata Consultancy Services Ltd27.5713.862.09%
Infosys Ltd25.117.452.89%
HCL Technologies Ltd26.676.133.37%

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

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%35.80%12.06%42.55%9.59%

May 2024

Jun 2024

Sep 2024

Dec 2024

Shareholding History

Dec '23MarMayJunSepDec '2434.04%35.00%40.38%41.43%42.09%42.55%

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)
4.6216%9.60%-0.26%2/35 (0)
4.4901%3.27%-0.16%45/85 (-1)
2.1221%9.36%-0.50%3/20 (0)

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

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The PE List

The PE List

Created by Windmill Capital

COFORGE's Wtg.
6.67%
CAGR
15.80%
IT Tracker

IT Tracker

Created by Windmill Capital

COFORGE's Wtg.
9.49%
CAGR
13.40%

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 0.95%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹9.54 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

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

Cash Dividend

Ex DateEx DateAug 2, 2024

Interim
Interim | Div/Share: ₹19.00

Dividend/Share

19.00

Ex DateEx Date

Aug 2, 2024

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

News & Opinions
Corporate
Coforge to convene board meeting

Coforge will hold a meeting of the Board of Directors of the Company on 5 May 2025.Powered by Capital Market - Live

6 days agoCapital Market - Live
Corporate
Coforge partners with ServiceNow to launch GenAI CoE in Greater Noida

Coforge has elevated its collaboration with ServiceNow, the AI platform for business transformation. As part of this engagement, Coforge will combine its market leading AI framework Quasar with ServiceNow AI Agents to launch a GenAI Center of Excellence (CoE) in Greater Noida, India that will empower organizations to harness advanced AI-driven insights, streamline operations, and deliver exceptional customer experiences. As part of the Gen AI CoE, customers can pilot, navigate, and scale innovative solutions to address industry-specific challenges by leveraging the full potential of AI with ServiceNow. Coforge has over 12 domain centric, industry first solutions on ServiceNow platform across Financial Services, Insurance, Healthcare and Travel. The CoE will be a great foundation for Coforge to accelerate clients' journey with ServiceNow platform, especially in the areas of payment, fraud detection, dispute management and digital operations resiliency. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Coforge allots Equity Shares

Coforge has approved the allotment of 5,757 equity shares on March 08, 2025, having face value of Rs. 10/- each on exercise of options under Employee Stock Option Plan of the Company.Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
Coforge spurts after board OKs 1:5 stock split

The company's board approved sub division of one existing equity share having face value of Rs 10 each into five equity shares of Rs 2 each, subject to approval of the members of the Company. The record date for sub-division / split of existing equity shares will be intimated in due course. The sub division is expected to be completed within three months from the approval of the members. Meanwhile, the company's wholly owned subsidiary, Coforge Inc., has agreed to enter into a stock purchase agreement with Rythmos Inc. and its stockholders to acquire all of the outstanding shares of capital stock of Rythmos Inc. Further, the company's wholly owned -owned step-down subsidiary, Coforge Technologies Australia Pty, has agreed to enter into a share sale agreement with TMLabs Pty Ltd and its shareholders to acquire all of the outstanding shares of TMLabs Pty Ltd. Coforge is a global digital services and solutions provider that leverages emerging technologies and deep domain expertise to deliver real-world business impact for its clients. The firm has a presence in 21 countries with 26 delivery centers across nine countries. The company reported 9.5% rise in net profit, excluding minority interest, to Rs 255.9 crore in Q3 FY25 from Rs 233.6 crore in Q2 FY25. The company's gross revenues increased by 8.4% quarter-on-quarter (QoQ) to Rs 3,318.2 crore in the December 2024 quarter.Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Board of Coforge approves acquisition of Rythmos Inc. and TMLabs

The Board of Coforge at its meeting held on 04 March 2025 has approved the following acquisitions: (a) The company, through its wholly owned subsidiary, Coforge Inc., has agreed to enter into a stock purchase agreement with Rythmos Inc. and its stockholders (Stock Purchase Agreement) to acquire all of the outstanding shares of capital stock of Rythmos Inc. (Rythmos Transaction), subject to completion of closing conditions and closing deliverables as per the Stock Purchase Agreement; and (b) The company, through its wholly-owned step-down subsidiary, Coforge Technologies Australia Pty Ltd, has agreed to enter into a share sale agreement with TMLabs Pty Ltd and its shareholders (Share Sale Agreement) to acquire all of the outstanding shares of TMLabs Pty Ltd (TMLabs Transaction), subject to completion of closing conditions and closing deliverables as per the Share Sale Agreement. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Board of Coforge approves sub-division of equity shares

The Board of Coforge at its meeting held on 04 March 2025 has approved the alteration in the equity share capital of the Company by sub-division of existing equity shares of face value of Rs. 10 each, fully paid-up into 33,43,65,495 equity shares of face value of Rs. 2 each, fully paid-up. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Coforge to hold board meeting

Coforge will hold a meeting of the Board of Directors of the Company on 4 March 2025.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
Coforge Ltd down for fifth straight session

Coforge Ltd is down for a fifth straight session today. The stock is quoting at Rs 7753.9, down 1.54% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.87% on the day, quoting at 22830.85. The Sensex is at 75660.79, down 0.63%.Coforge Ltd has lost around 9.66% in last one month.Meanwhile, Nifty IT index of which Coforge Ltd is a constituent, has eased around 5.13% in last one month and is currently quoting at 41315.55, down 0.34% on the day. The volume in the stock stood at 2.46 lakh shares today, compared to the daily average of 5.38 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 7832.45, down 0.92% on the day. Coforge Ltd jumped 16.69% in last one year as compared to a 4.2% rally in NIFTY and a 8.36% spurt in the Nifty IT index.The PE of the stock is 74.08 based on TTM earnings ending December 24.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Coforge Ltd soars 0.49%, gains for fifth straight session

Coforge Ltd is up for a fifth straight session today. The stock is quoting at Rs 8562.95, up 0.49% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.09% on the day, quoting at 23583.2. The Sensex is at 77886.15, down 0.22%. Coforge Ltd has slipped around 10.41% in last one month. Meanwhile, Nifty IT index of which Coforge Ltd is a constituent, has slipped around 1.64% in last one month and is currently quoting at 43020.95, down 0.24% on the day. The volume in the stock stood at 1.53 lakh shares today, compared to the daily average of 5.61 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 8536.55, up 0.01% on the day. Coforge Ltd is up 29.58% in last one year as compared to a 8.59% jump in NIFTY and a 13.39% jump in the Nifty IT index.The PE of the stock is 80.15 based on TTM earnings ending December 24.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Coforge Ltd spurts 1.49%, gains for third straight session

Coforge Ltd is up for a third straight session in a row. The stock is quoting at Rs 8585.05, up 1.49% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.08% on the day, quoting at 23721.35. The Sensex is at 78351.94, down 0.3%. Coforge Ltd has dropped around 10.87% in last one month. Meanwhile, Nifty IT index of which Coforge Ltd is a constituent, has dropped around 1.68% in last one month and is currently quoting at 42860.2, up 0.19% on the day. The volume in the stock stood at 1.67 lakh shares today, compared to the daily average of 5.79 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 8626.55, up 1.78% on the day. Coforge Ltd is up 30.85% in last one year as compared to a 8.17% spurt in NIFTY and a 12.28% spurt in the Nifty IT index.The PE of the stock is 79.57 based on TTM earnings ending December 24.Powered by Capital Market - Live

1 month agoCapital Market - Live

Frequently asked questions

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

    The share price of COFORGE as on 18th March 2025 is ₹7512.10. 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: -5.20%
    • Past 1 month: -4.78%
    • Past 3 months: -21.67%
    • Past 6 months: 5.24%
    • Past 1 year: 29.28%
    • Past 3 years: 66.97%
    • Past 5 years: 523.15%

  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 0.95.

  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 ₹49256.61 Cr as of 18th March 2025.

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

    The 52-week high of Coforge Ltd (COFORGE) is ₹10026.80 and the 52-week low is ₹4287.25.

  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 60.96. The P/B (price-to-book) ratio is 13.22.

  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.