Nifty
:
21995.85
Sensex
:
72488.99
-152.05 (-0.69%)
-454.69 (-0.62%)
Nifty
Sensex
:
:
21995.85
72488.99
-152.05 (-0.69%)
-454.69 (-0.62%)

Coforge Ltd.

IT - Software Services

Rating :
54/99

BSE: 532541 | NSE: COFORGE

NSE BSE
5206.90
18-Apr-2024
  • Open
  • High
  • Low
  • Previous Close
  •  5228.00
  •  5311.00
  •  5175.00
  •  5209.90
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  531498
  •  27853.04
  •  6847.45
  •  3770.05

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 32,194.21
  • 46.05
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 32,798.21
  • 1.23%
  • 9.02

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 0.00%
  • 1.50%
  • 7.37%
  • FII
  • DII
  • Others
  • 35%
  • 53.49%
  • 2.64%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 13.27
  • 16.87
  • 19.79

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 13.72
  • 14.58
  • 10.44

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.65
  • 11.46
  • 15.05

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 26.27
  • 34.41
  • 44.56

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 5.98
  • 7.90
  • 9.84

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 15.65
  • 20.19
  • 24.43

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 23
Dec 22
Var%
Sep 23
Sep 22
Var%
Jun 23
Jun 22
Var%
Mar 23
Mar 22
Var%
Net Sales
2,323.30
2,055.80
13.01%
2,276.20
1,959.40
16.17%
2,221.00
1,829.40
21.41%
2,170.00
1,742.90
24.51%
Expenses
1,928.20
1,696.30
13.67%
1,935.30
1,622.30
19.29%
1,915.00
1,540.80
24.29%
1,874.50
1,430.40
31.05%
EBITDA
395.10
359.50
9.90%
340.90
337.10
1.13%
306.00
288.60
6.03%
295.50
312.50
-5.44%
EBIDTM
17.01%
17.49%
14.98%
17.20%
13.78%
15.78%
13.62%
17.93%
Other Income
15.00
31.80
-52.83%
8.90
13.50
-34.07%
16.00
14.00
14.29%
2.60
23.20
-88.79%
Interest
34.60
21.50
60.93%
31.90
21.20
50.47%
22.10
18.40
20.11%
19.50
18.30
6.56%
Depreciation
81.10
62.40
29.97%
77.20
61.40
25.73%
75.70
63.00
20.16%
71.70
58.40
22.77%
PBT
294.40
307.40
-4.23%
240.70
268.00
-10.19%
224.20
221.20
1.36%
154.60
259.00
-40.31%
Tax
51.60
71.50
-27.83%
52.80
47.40
11.39%
48.50
49.30
-1.62%
37.90
34.20
10.82%
PAT
242.80
235.90
2.92%
187.90
220.60
-14.82%
175.70
171.90
2.21%
116.70
224.80
-48.09%
PATM
10.45%
11.47%
8.26%
11.26%
7.91%
9.40%
5.38%
12.90%
EPS
38.51
37.35
3.11%
29.43
32.97
-10.74%
27.05
24.58
10.05%
18.79
34.11
-44.91%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Net Sales
8,990.50
8,014.60
6,432.00
4,662.80
4,183.90
3,676.20
2,991.40
2,802.10
2,687.90
2,372.50
2,304.99
Net Sales Growth
18.49%
24.61%
37.94%
11.45%
13.81%
22.89%
6.76%
4.25%
13.29%
2.93%
 
Cost Of Goods Sold
12.50
0.00
0.00
0.00
0.00
0.00
0.00
-0.10
8.30
-3.28
-1.13
Gross Profit
8,978.00
8,014.60
6,432.00
4,662.80
4,183.90
3,676.20
2,991.40
2,802.20
2,679.60
2,375.78
2,306.12
GP Margin
99.86%
100%
100%
100%
100%
100%
100%
100.00%
99.69%
100.14%
100.05%
Total Expenditure
7,653.00
6,733.90
5,330.10
3,883.30
3,460.60
3,027.70
2,490.10
2,322.60
2,215.00
2,036.63
1,950.80
Power & Fuel Cost
-
15.80
13.90
12.40
16.90
17.70
18.50
18.50
16.70
15.46
14.73
% Of Sales
-
0.20%
0.22%
0.27%
0.40%
0.48%
0.62%
0.66%
0.62%
0.65%
0.64%
Employee Cost
-
4,828.00
3,834.60
2,815.80
2,529.80
2,153.20
1,760.10
1,651.30
1,541.90
1,333.15
1,292.99
% Of Sales
-
60.24%
59.62%
60.39%
60.47%
58.57%
58.84%
58.93%
57.36%
56.19%
56.10%
Manufacturing Exp.
-
1,048.20
808.10
546.20
376.00
428.30
310.70
262.60
252.90
232.24
183.69
% Of Sales
-
13.08%
12.56%
11.71%
8.99%
11.65%
10.39%
9.37%
9.41%
9.79%
7.97%
General & Admin Exp.
-
234.30
194.10
69.70
275.50
288.50
265.30
255.50
243.10
219.57
218.81
% Of Sales
-
2.92%
3.02%
1.49%
6.58%
7.85%
8.87%
9.12%
9.04%
9.25%
9.49%
Selling & Distn. Exp.
-
25.70
19.10
12.20
31.80
31.90
35.70
30.40
30.90
22.48
23.72
% Of Sales
-
0.32%
0.30%
0.26%
0.76%
0.87%
1.19%
1.08%
1.15%
0.95%
1.03%
Miscellaneous Exp.
-
51.70
52.70
67.50
39.80
38.70
33.70
53.20
47.10
94.37
23.72
% Of Sales
-
0.65%
0.82%
1.45%
0.95%
1.05%
1.13%
1.90%
1.75%
3.98%
1.24%
EBITDA
1,337.50
1,280.70
1,101.90
779.50
723.30
648.50
501.30
479.50
472.90
335.87
354.19
EBITDA Margin
14.88%
15.98%
17.13%
16.72%
17.29%
17.64%
16.76%
17.11%
17.59%
14.16%
15.37%
Other Income
42.50
61.90
51.80
32.60
67.70
53.50
39.10
26.90
22.40
17.31
30.25
Interest
108.10
80.60
65.00
14.30
15.50
9.20
9.40
6.00
7.50
5.67
4.16
Depreciation
305.70
258.50
227.20
183.60
173.00
124.80
127.40
127.70
121.10
91.64
61.90
PBT
913.90
1,003.50
861.50
614.20
602.50
568.00
403.60
372.70
366.70
255.87
318.38
Tax
190.80
206.10
146.80
130.20
127.80
140.30
94.90
78.50
78.40
53.99
80.23
Tax Rate
20.88%
21.67%
17.04%
21.84%
21.46%
24.95%
23.51%
22.39%
21.46%
30.69%
25.20%
PAT
723.10
693.80
661.70
455.60
444.00
403.30
280.20
250.10
270.00
114.06
230.53
PAT before Minority Interest
699.10
745.10
714.70
466.00
467.60
422.10
308.70
272.10
287.00
121.92
238.15
Minority Interest
-24.00
-51.30
-53.00
-10.40
-23.60
-18.80
-28.50
-22.00
-17.00
-7.86
-7.62
PAT Margin
8.04%
8.66%
10.29%
9.77%
10.61%
10.97%
9.37%
8.93%
10.05%
4.81%
10.00%
PAT Growth
-15.25%
4.85%
45.24%
2.61%
10.09%
43.93%
12.04%
-7.37%
136.72%
-50.52%
 
EPS
117.01
112.27
107.07
73.72
71.84
65.26
45.34
40.47
43.69
18.46
37.30

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Shareholder's Funds
3,082.50
2,733.10
2,466.10
2,396.50
2,072.30
1,774.00
1,686.50
1,572.60
1,357.35
1,323.87
Share Capital
61.10
60.90
60.60
62.50
61.80
61.50
61.40
61.20
61.04
60.70
Total Reserves
2,933.00
2,614.70
2,353.20
2,325.70
1,992.50
1,693.40
1,613.80
1,504.10
1,293.31
1,260.51
Non-Current Liabilities
1,809.70
1,879.20
913.60
118.90
73.80
165.80
190.40
260.10
14.56
13.93
Secured Loans
0.00
0.00
0.30
4.50
9.90
17.80
21.40
6.20
4.77
5.18
Unsecured Loans
338.20
336.50
0.00
0.30
0.10
0.10
0.00
0.20
0.08
0.08
Long Term Provisions
1,538.80
1,313.70
933.20
59.30
72.50
74.10
85.80
83.00
48.34
30.98
Current Liabilities
1,739.30
1,179.20
842.50
1,525.20
1,204.50
1,110.10
894.20
777.70
866.25
422.44
Trade Payables
648.10
616.00
339.80
263.40
164.70
145.30
119.40
118.80
213.46
163.63
Other Current Liabilities
1,055.20
513.80
480.20
497.90
418.50
368.50
264.30
203.80
198.88
175.20
Short Term Borrowings
0.00
17.80
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Short Term Provisions
36.00
31.60
22.50
763.90
621.30
596.30
510.50
455.10
453.91
83.61
Total Liabilities
6,718.90
5,889.80
4,222.20
4,040.60
3,358.10
3,072.10
2,794.80
2,629.70
2,257.03
1,779.14
Net Block
2,311.90
2,066.70
1,020.60
1,079.30
818.70
879.30
847.60
902.60
557.89
453.36
Gross Block
3,183.00
2,834.20
1,672.70
1,694.60
1,278.30
1,254.00
1,088.00
1,025.60
933.62
750.84
Accumulated Depreciation
871.10
767.50
652.10
615.30
459.60
374.70
240.40
123.00
375.73
297.49
Non Current Assets
4,112.50
3,668.90
2,128.50
1,158.60
898.20
960.20
908.00
967.60
756.85
637.49
Capital Work in Progress
4.60
16.80
0.20
0.30
1.40
0.70
0.00
16.70
120.31
128.61
Non Current Investment
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Loans & Adv.
1,754.20
1,543.60
1,071.10
48.20
52.20
42.50
31.90
9.10
44.34
24.34
Other Non Current Assets
41.80
41.80
36.60
30.80
25.90
37.70
28.50
39.20
34.31
31.18
Current Assets
2,606.40
2,220.90
2,093.70
2,882.00
2,459.90
2,111.90
1,886.80
1,662.10
1,500.18
1,141.65
Current Investments
0.00
0.00
12.40
13.70
365.10
365.20
315.80
74.60
55.36
55.06
Inventories
0.00
0.00
0.00
0.00
0.00
0.30
0.30
0.30
8.51
5.23
Sundry Debtors
1,613.10
1,389.40
1,068.30
856.50
587.70
585.80
468.00
590.10
605.99
564.35
Cash & Bank
578.70
453.50
812.20
903.40
557.60
418.30
407.50
336.20
269.25
221.23
Other Current Assets
414.60
151.00
85.70
57.10
949.50
742.30
695.20
660.90
561.06
295.78
Short Term Loans & Adv.
289.40
227.00
115.10
1,051.30
616.10
598.40
518.80
490.70
402.21
101.85
Net Current Assets
867.10
1,041.70
1,251.20
1,356.80
1,255.40
1,001.80
992.60
884.40
633.93
719.21
Total Assets
6,718.90
5,889.80
4,222.20
4,040.60
3,358.10
3,072.10
2,794.80
2,629.70
2,257.03
1,779.14

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Cash From Operating Activity
950.50
765.60
762.30
296.90
452.70
382.40
472.30
360.10
257.99
145.30
PBT
951.20
861.50
596.20
595.40
562.40
403.60
372.70
366.70
255.87
318.38
Adjustment
382.00
312.00
284.10
149.30
79.80
102.70
123.20
151.60
159.48
70.39
Changes in Working Capital
-102.70
-143.30
50.20
-266.40
-71.30
-12.80
103.60
-58.10
14.14
-139.55
Cash after chg. in Working capital
1,230.50
1,030.20
930.50
478.30
570.90
493.50
599.50
460.20
429.48
249.22
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-280.00
-264.60
-168.20
-181.40
-118.20
-111.10
-105.10
-98.80
-91.54
-103.92
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
-22.10
-1.30
-79.96
0.00
Cash From Investing Activity
-271.60
-956.40
-92.70
112.30
-230.00
-270.40
-306.30
-303.80
-177.23
-99.72
Net Fixed Assets
12.70
-12.70
55.90
-66.00
-29.70
-51.60
-58.50
108.11
-166.07
-95.44
Net Investments
0.00
-978.80
-17.60
28.30
-121.80
-159.60
-174.90
-175.26
-70.46
34.94
Others
-284.30
35.10
-131.00
150.00
-78.50
-59.20
-72.90
-236.65
59.30
-39.22
Cash from Financing Activity
-558.20
-155.80
-695.80
-132.70
-106.30
-74.40
-66.90
-72.70
-66.42
-52.61
Net Cash Inflow / Outflow
120.70
-346.60
-26.20
276.50
116.40
37.60
99.10
-16.40
14.34
-7.03
Opening Cash & Equivalents
446.80
799.90
819.50
519.40
410.20
350.20
287.90
223.80
216.60
202.24
Closing Cash & Equivalent
569.90
446.80
799.90
819.50
519.40
410.20
350.20
287.90
223.78
216.60

Financial Ratios

Consolidated /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Book Value (Rs.)
490.03
439.34
398.32
382.11
332.41
285.35
272.83
255.77
221.86
217.66
ROA
11.82%
14.14%
11.28%
12.64%
13.13%
10.52%
10.03%
11.75%
6.04%
13.56%
ROE
26.28%
28.09%
19.41%
21.05%
22.16%
18.00%
16.79%
19.66%
9.11%
19.73%
ROCE
31.71%
33.36%
24.92%
27.05%
29.45%
23.54%
21.65%
25.29%
13.46%
26.47%
Fixed Asset Turnover
2.66
2.85
2.77
2.81
2.90
2.55
2.65
2.74
2.82
3.17
Receivable days
68.37
69.73
75.34
63.00
58.26
64.29
68.91
81.21
90.03
80.62
Inventory Days
0.00
0.00
0.00
0.00
0.00
0.04
0.04
0.60
1.06
0.74
Payable days
0.00
0.00
0.00
0.00
20.47
21.38
20.71
30.21
39.68
37.07
Cash Conversion Cycle
68.37
69.73
75.34
63.00
37.79
42.95
48.25
51.60
51.40
44.28
Total Debt/Equity
0.11
0.13
0.00
0.01
0.01
0.01
0.02
0.01
0.01
0.01
Interest Cover
12.80
14.25
42.69
39.41
62.13
43.94
59.43
49.72
32.03
77.59

Annual Reports:

FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016
FY 2015
FY 2014

News Update:


  • Coforge launches Gen AI-based autonomous self-service solution ‘Orion’
    7th Mar 2024, 15:08 PM

    The solution harnesses the power of generative AI and orchestrates a seamless customer experience

    Read More
  • Coforge enters into multi-year strategic partnership with Carnival UK
    5th Mar 2024, 15:30 PM

    The strategic alliance extends beyond QE and Testing, elevating the operational capabilities of the brands

    Read More
  • Coforge reports marginal rise in Q3 consolidated net profit
    23rd Jan 2024, 11:42 AM

    Total consolidated income of the company increased by 12.01% at Rs 2338.30 crore for Q3FY24

    Read More
  • Coforge - Quarterly Results
    22nd Jan 2024, 15:42 PM

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.