Coforge Limited (COFORGE.NS)
New Delhi, IN
Coforge Limited, established in New Delhi, India, in 1992, delivers a comprehensive array of information technology and IT-enabled services across the globe, with operations spanning India, the Americas, Europe, the Middle East & Africa, and the Asia Pacific region. The company, which rebranded from NIIT Technologies Limited in August 2020, offers diverse solutions designed to enhance digital capabilities. Its core offerings include digital process automation, covering aspects like workflow and process management, artificial intelligence (AI) and predictive analytics, robotic process automation (RPA), and case management. Coforge also provides a wide range of digital services, such as digital integration, Salesforce and MuleSoft implementations, interactive digital advisory, automation initiatives, and innovation-as-a-service. The company's portfolio extends to robust cloud and infrastructure management, encompassing cloud solutions, workplace services, cybersecurity, data center operations, "always-on" networking, and crucial service integration. Specializing in cybersecurity, Coforge delivers solutions for security incident management, automated security testing and remediation, intelligent threat detection and response, access control and entity management, governance risk and compliance (GRC), and secure adaptive fortified endpoints, alongside phishing analysis, training, and testing platforms. Additionally, Coforge is proficient in AI and data services, offering AI and cognitive solutions, business analytics, and data engineering. It also provides advanced application engineering, including development, operations, and quality engineering services, alongside business process solutions and media solutions like print design and marketing services. Coforge serves a broad spectrum of industries, including insurance, travel, transportation, hospitality, banking and financial services, healthcare and life sciences, the public sector, hi-tech and manufacturing, media and entertainment, and retail and consumer goods. To strengthen its service delivery, the company maintains strategic alliances with Kong Inc. for cloud API services and Newgen Software Technologies Limited, aiming to optimize digital operations for businesses.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -3.17% | +2.83% | +8.76% | -6.32% | -27.14% | -19.93% | -19.89% | +62.96% | +96.28% | +1,304.20% | +7,597.11% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 5 | 0 |
| Buy | 19 | -1 |
| Hold | 3 | 0 |
| Sell | 2 | -1 |
| Strong Sell | 2 | 0 |
-
Revenue growth Information Technology Services: +10.1%+36.1% ★ Q1'26: +33.2% (vs Q1'25)
-
EPS growth Information Technology Services: +16.7%+84.1% ★ Q1'26: +135.4% (vs Q1'25)
-
FCF margin FCF growth · Information Technology Services: +32.8%+7.8% ★ Q1'26: +2.9% (vs Q1'25)
-
EBIT margin Information Technology Services: +9.0%+14.4% ★ Q1'26: +16.2% (vs Q1'25)
-
ROIC Information Technology Services: +9.5%+22.0% ★ Q1'26: +31.7% (vs Q1'25)
-
Share dilution Information Technology Services: +0.0%+0.7% Q1'26: -0.5% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Information Technology Services: -0.83×0.24× Q1'26: 0.20× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2015 actual |
Mar 2016 actual |
Mar 2017 actual |
Mar 2018 actual |
Mar 2019 actual |
Mar 2020 actual |
Mar 2021 actual |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 14 Rev. Ana. 14 EPS Ana. |
Mar 2027 20 Rev. Ana. 19 EPS Ana. |
Mar 2028 21 Rev. Ana. 19 EPS Ana. |
Mar 2029 12 Rev. Ana. 11 EPS Ana. |
Mar 2030 6 Rev. Ana. 6 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
23.72B
est: 23.69B (+0.1%)
|
26.88B
est: 26.86B (+0.1%)
|
28.02B
est: 27.64B (+1.4%)
|
29.91B
est: 30.13B (-0.7%)
|
36.76B
est: 36.97B (-0.6%)
|
41.84B
est: 41.96B (-0.3%)
|
46.63B
est: 46.34B (+0.6%)
|
64.32B
est: 64.23B (+0.1%)
|
80.15B
est: 80.12B (+0.0%)
|
90.09B
est: 93.59B (-3.7%)
|
120.51B
est: 123.41B (-2.4%)
|
164.16B
159.43B – 174.84B
+33.0% YoY
|
241.52B
194.21B – 260.52B
+47.1% YoY
|
281.92B
221.26B – 306.53B
+16.7% YoY
|
317.87B
312.21B – 323.53B
+12.8% YoY
|
314.21B
249.41B – 340.38B
-1.1% YoY
|
| EBITDA |
3.14B
est: 3.48B (-9.8%)
|
4.35B
est: 3.94B (+10.3%)
|
4.45B
est: 4.06B (+9.7%)
|
4.63B
est: 4.42B (+4.6%)
|
6.09B
est: 5.43B (+12.2%)
|
6.87B
est: 6.16B (+11.5%)
|
7.03B
est: 6.80B (+3.4%)
|
10.41B
est: 9.43B (+10.3%)
|
11.91B
est: 11.76B (+1.3%)
|
13.20B
est: 14.39B (-8.3%)
|
15.23B
est: 18.98B (-19.8%)
|
25.25B
24.52B – 26.89B
+33.0% YoY
|
37.15B
29.87B – 40.07B
+47.1% YoY
|
43.36B
34.03B – 47.14B
+16.7% YoY
|
48.89B
48.02B – 49.76B
+12.8% YoY
|
48.33B
38.36B – 52.35B
-1.1% YoY
|
| EBIT |
2.58B
est: 2.98B (-13.4%)
|
3.55B
est: 3.38B (+5.1%)
|
3.60B
est: 3.47B (+3.7%)
|
3.78B
est: 3.79B (-0.3%)
|
5.26B
est: 4.65B (+13.1%)
|
5.42B
est: 5.27B (+2.8%)
|
5.95B
est: 5.83B (+2.2%)
|
8.92B
est: 8.07B (+10.4%)
|
10.36B
est: 10.07B (+2.8%)
|
11.51B
est: 12.07B (-4.6%)
|
12.68B
est: 15.92B (-20.4%)
|
21.18B
20.57B – 22.55B
+33.0% YoY
|
31.16B
25.05B – 33.61B
+47.1% YoY
|
36.37B
28.54B – 39.54B
+16.7% YoY
|
41.00B
40.27B – 41.73B
+12.8% YoY
|
40.53B
32.17B – 43.91B
-1.1% YoY
|
| Net Income |
1.14B
est: 7.62B (-85.0%)
|
2.70B
est: 3.01B (-10.2%)
|
2.50B
est: 2.65B (-5.5%)
|
2.80B
est: 2.99B (-6.3%)
|
4.03B
est: 4.46B (-9.7%)
|
4.44B
est: 5.05B (-12.0%)
|
4.56B
est: 5.10B (-10.7%)
|
6.62B
est: 7.34B (-9.9%)
|
6.94B
est: 9.08B (-23.6%)
|
8.08B
est: 38.54B (-79.0%)
|
8.12B
est: 9.35B (-13.2%)
|
14.86B
12.59B – 16.34B
+58.8% YoY
|
19.10B
16.89B – 21.31B
+28.6% YoY
|
22.67B
19.76B – 25.58B
+18.7% YoY
|
27.04B
23.57B – 30.51B
+19.3% YoY
|
26.73B
19.57B – 29.63B
-1.1% YoY
|
| SGA |
747.21M
est: 156.16M (+378.5%)
|
826.00M
est: 177.00M (+366.7%)
|
776.00M
est: 182.13M (+326.1%)
|
818.00M
est: 198.58M (+311.9%)
|
837.00M
est: 243.63M (+243.6%)
|
481.00M
est: 276.57M (+73.9%)
|
308.00M
est: 305.42M (+0.8%)
|
452.00M
est: 423.31M (+6.8%)
|
490.00M
est: 528.06M (-7.2%)
|
641.00M
est: 1.33B (-52.0%)
|
734.00M
est: 1.76B (-58.3%)
|
2.34B
2.27B – 2.49B
+33.0% YoY
|
3.44B
2.77B – 3.72B
+47.1% YoY
|
4.02B
3.16B – 4.37B
+16.7% YoY
|
4.53B
4.45B – 4.61B
+12.8% YoY
|
4.48B
3.56B – 4.85B
-1.1% YoY
|
| EPS |
3.75
est: 22.89 (-83.6%)
|
8.84
est: 9.04 (-2.2%)
|
8.16
est: 7.96 (+2.5%)
|
9.13
est: 8.99 (+1.5%)
|
13.10
est: 13.42 (-2.4%)
|
14.28
est: 15.16 (-5.8%)
|
14.94
est: 15.33 (-2.5%)
|
21.80
est: 22.07 (-1.2%)
|
22.75
est: 27.27 (-16.6%)
|
26.75
est: 125.03 (-78.6%)
|
25.43
est: 27.78 (-8.5%)
|
42.83
37.59 – 48.79
+54.2% YoY
|
56.24
50.43 – 63.61
+31.3% YoY
|
67.00
58.99 – 76.35
+19.1% YoY
|
80.44
70.36 – 91.09
+20.1% YoY
|
79.80
58.41 – 88.44
-0.8% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-07 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-06 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-05 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-04 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-30 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-29 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-28 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-27 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-24 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-23 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-22 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-21 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-20 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-17 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-16 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | WisdomTree True Emerging Markets Fund XC | 0.12% | 94.5K | 0.32% |
| 2 | WisdomTree India Earnings Fund EPI | 0.06% | 1.31M | 0.84% |
| 3 | WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF - USD Acc XSOE.L | 0.05% | 11.9K | 0.32% |
| 4 | Schwab Emerging Markets Equity ETF SCHE | 0.05% | 6.33M | 0.06% |
| 5 | WisdomTree Emerging Markets ex-State-Owned Enterprises Fund XSOE | 0.05% | 963.9K | 0.32% |
| 6 | State Street SPDR Portfolio Emerging Markets ETF SPEM | 0.03% | 5.41M | 0.07% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Sudhir Singh | Chief Executive Officer & Executive Director | 139M | male |
| John Robert Speight | Executive Director | — | male |
| Madan Mohan | Head of Enterprise Application Services | — | male |
| Manish Hemrajani | Head of Investor Relations | — | male |
| Natarajan | General Manager of Accounts | — | male |
| Pankaj Khanna | Executive Vice President of Revenue Assurance & Chief People Officer | — | male |
| Saurabh Goel | Chief Financial Officer | — | male |
| Sunil Fernandes | Chief Operating Officer | — | male |
| Suvrata Acharya | BFS Vertical Delivery Head | — | male |
| Barkha Sharma | Company Secretary & Compliance Officer | — | female |
| Vic Gupta | Chief Technology Officer & Chief Sustainability Officer | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for COFORGE.NS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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