Nifty
:
23306.45
Sensex
:
75273.45
394.05 (1.72%)
1205.00 (1.63%)
Nifty
Sensex
:
:
23306.45
75273.45
394.05 (1.72%)
1205.00 (1.63%)

Coforge Ltd.

IT - Software Services

Rating :
53/99

BSE: 532541 | NSE: COFORGE

NSE BSE
1163.10
25-Mar-2026
  • Open
  • High
  • Low
  • Previous Close
  •  1130
  •  1165.7
  •  1110.2
  •  1110.10
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  4460380
  •  5121994976.5
  •  1994
  •  1008.1

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 39,051.89
  • 32.42
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 39,129.69
  • 1.31%
  • 5.43

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 0.00%
  • 1.42%
  • 8.65%
  • FII
  • DII
  • Others
  • 34.53%
  • 52.45%
  • 2.95%

Chart

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

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 16.19
  • 20.91
  • 14.56

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 13.61
  • 16.79
  • 5.75

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 12.01
  • 13.00
  • 6.56

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 36.68
  • 49.57
  • 53.32

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 7.45
  • 9.19
  • 8.81

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 20.96
  • 25.81
  • 26.60

Earnings Forecasts:

(Updated: 21-03-2026)
Description
2024
2025
2026
2027
Adj EPS
24.6
43.01
53.99
64.65
P/E Ratio
47.28
27.04
21.54
17.99
Revenue
12050.7
16283.5
20690
24151.4
EBITDA
1734.4
2899.5
3737.79
4369.45
Net Income
812.1
1461.33
1976.15
2410.27
ROA
8.73
11.73
13.04
13.52
P/B Ratio
6.10
5.34
3.57
3.20
ROE
16.23
20.22
20.72
21.17
FCFF
550.3
772.578
266.398
2126.18
FCFF Yield
Net Debt
41.5
-126.18
-765.34
-1049.05
BVPS
190.769
217.75
325.989
362.941

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Net Sales
4,188.10
3,258.10
28.54%
3,985.70
3,025.60
31.73%
3,688.60
2,357.10
56.49%
3,409.90
2,318.40
47.08%
Expenses
3,457.90
2,823.00
22.49%
3,253.20
2,603.00
24.98%
3,111.60
2,048.10
51.93%
2,882.90
1,928.60
49.48%
EBITDA
730.20
435.10
67.82%
732.50
422.60
73.33%
577.00
309.00
86.73%
527.00
389.80
35.20%
EBIDTM
17.44%
13.35%
18.38%
13.97%
15.64%
13.11%
15.46%
16.81%
Other Income
13.90
53.80
-74.16%
38.50
55.00
-30.00%
18.60
24.40
-23.77%
31.40
4.00
685.00%
Interest
41.50
32.20
28.88%
40.90
30.40
34.54%
46.20
32.40
42.59%
39.70
37.00
7.30%
Depreciation
170.80
116.50
46.61%
171.90
114.00
50.79%
159.20
71.70
122.04%
125.40
79.20
58.33%
PBT
384.20
340.20
12.93%
558.20
333.20
67.53%
365.40
229.30
59.35%
393.30
289.20
36.00%
Tax
87.50
87.00
0.57%
132.80
86.40
53.70%
79.20
71.80
10.31%
87.40
58.80
48.64%
PAT
296.70
253.20
17.18%
425.40
246.80
72.37%
286.20
157.50
81.71%
305.90
230.40
32.77%
PATM
7.08%
7.77%
10.67%
8.16%
7.76%
6.68%
8.97%
9.94%
EPS
7.47
6.44
15.99%
11.23
6.06
85.31%
9.49
3.99
137.84%
7.81
7.24
7.87%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
15,272.30
12,050.70
9,008.90
8,014.60
6,432.00
4,662.80
4,183.90
3,676.20
2,991.40
2,802.10
2,687.90
Net Sales Growth
39.36%
33.76%
12.41%
24.61%
37.94%
11.45%
13.81%
22.89%
6.76%
4.25%
 
Cost Of Goods Sold
8.10
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-0.10
8.30
Gross Profit
15,264.20
12,050.70
9,008.90
8,014.60
6,432.00
4,662.80
4,183.90
3,676.20
2,991.40
2,802.20
2,679.60
GP Margin
99.95%
100%
100%
100%
100%
100%
100%
100%
100%
100.00%
99.69%
Total Expenditure
12,705.60
10,357.00
7,561.90
6,733.90
5,330.10
3,883.30
3,460.60
3,027.70
2,490.10
2,322.60
2,215.00
Power & Fuel Cost
-
24.00
19.40
15.80
13.90
12.40
16.90
17.70
18.50
18.50
16.70
% Of Sales
-
0.20%
0.22%
0.20%
0.22%
0.27%
0.40%
0.48%
0.62%
0.66%
0.62%
Employee Cost
-
7,224.10
5,391.40
4,828.00
3,834.60
2,815.80
2,529.80
2,153.20
1,760.10
1,651.30
1,541.90
% Of Sales
-
59.95%
59.85%
60.24%
59.62%
60.39%
60.47%
58.57%
58.84%
58.93%
57.36%
Manufacturing Exp.
-
1,546.40
1,017.30
1,047.10
808.10
546.20
376.00
428.30
310.70
262.60
252.90
% Of Sales
-
12.83%
11.29%
13.06%
12.56%
11.71%
8.99%
11.65%
10.39%
9.37%
9.41%
General & Admin Exp.
-
510.50
302.10
235.40
194.10
69.70
275.50
288.50
265.30
255.50
243.10
% Of Sales
-
4.24%
3.35%
2.94%
3.02%
1.49%
6.58%
7.85%
8.87%
9.12%
9.04%
Selling & Distn. Exp.
-
61.00
45.90
25.70
19.10
12.20
31.80
31.90
35.70
30.40
30.90
% Of Sales
-
0.51%
0.51%
0.32%
0.30%
0.26%
0.76%
0.87%
1.19%
1.08%
1.15%
Miscellaneous Exp.
-
66.00
46.20
51.70
52.70
67.50
39.80
38.70
33.70
53.20
30.90
% Of Sales
-
0.55%
0.51%
0.65%
0.82%
1.45%
0.95%
1.05%
1.13%
1.90%
1.75%
EBITDA
2,566.70
1,693.70
1,447.00
1,280.70
1,101.90
779.50
723.30
648.50
501.30
479.50
472.90
EBITDA Margin
16.81%
14.05%
16.06%
15.98%
17.13%
16.72%
17.29%
17.64%
16.76%
17.11%
17.59%
Other Income
102.40
164.70
45.40
61.90
51.80
32.60
67.70
53.50
39.10
26.90
22.40
Interest
168.30
134.70
125.50
80.60
65.00
14.30
15.50
9.20
9.40
6.00
7.50
Depreciation
627.30
427.60
297.10
258.50
227.20
183.60
173.00
124.80
127.40
127.70
121.10
PBT
1,701.10
1,296.10
1,069.80
1,003.50
861.50
614.20
602.50
568.00
403.60
372.70
366.70
Tax
386.90
332.60
220.90
206.10
146.80
130.20
127.80
140.30
94.90
78.50
78.40
Tax Rate
22.74%
25.66%
20.65%
21.67%
17.04%
21.84%
21.46%
24.95%
23.51%
22.39%
21.46%
PAT
1,314.20
839.50
821.30
693.80
661.70
455.60
444.00
403.30
280.20
250.10
270.00
PAT before Minority Interest
1,133.00
963.50
848.90
745.10
714.70
466.00
467.60
422.10
308.70
272.10
287.00
Minority Interest
-181.20
-124.00
-27.60
-51.30
-53.00
-10.40
-23.60
-18.80
-28.50
-22.00
-17.00
PAT Margin
8.61%
6.97%
9.12%
8.66%
10.29%
9.77%
10.61%
10.97%
9.37%
8.93%
10.05%
PAT Growth
48.01%
2.22%
18.38%
4.85%
45.24%
2.61%
10.09%
43.93%
12.04%
-7.37%
 
EPS
39.23
25.06
24.52
20.71
19.75
13.60
13.25
12.04
8.36
7.47
8.06

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
6,379.20
3,626.60
3,082.50
2,733.10
2,466.10
2,396.50
2,072.30
1,774.00
1,686.50
1,572.60
Share Capital
66.90
61.80
61.10
60.90
60.60
62.50
61.80
61.50
61.40
61.20
Total Reserves
6,130.80
3,522.80
2,933.00
2,614.70
2,353.20
2,325.70
1,992.50
1,693.40
1,613.80
1,504.10
Non-Current Liabilities
2,633.70
2,038.40
1,809.70
1,879.20
913.60
118.90
73.80
165.80
190.40
260.10
Secured Loans
6.70
0.00
0.00
0.00
0.30
4.50
9.90
17.80
21.40
6.20
Unsecured Loans
0.00
339.90
338.20
336.50
0.00
0.30
0.10
0.10
0.00
0.20
Long Term Provisions
1,973.30
1,877.80
1,538.80
1,313.70
933.20
59.30
72.50
74.10
85.80
83.00
Current Liabilities
2,737.50
1,531.50
1,739.30
1,179.20
842.50
1,525.20
1,171.20
1,110.10
894.20
777.70
Trade Payables
988.30
806.20
648.10
616.00
339.80
263.40
164.70
145.30
119.40
118.80
Other Current Liabilities
986.70
586.90
1,055.20
513.80
480.20
497.90
385.20
368.50
264.30
203.80
Short Term Borrowings
691.90
96.70
0.00
17.80
0.00
0.00
0.00
0.00
0.00
0.00
Short Term Provisions
70.60
41.70
36.00
31.60
22.50
763.90
621.30
596.30
510.50
455.10
Total Liabilities
13,700.20
7,296.80
6,718.90
5,889.80
4,222.20
4,040.60
3,324.80
3,072.10
2,794.80
2,629.70
Net Block
6,096.20
2,353.00
2,311.90
2,066.70
1,020.60
1,079.30
818.70
879.30
847.60
902.60
Gross Block
7,482.80
3,371.40
3,098.20
2,834.20
1,672.70
1,694.60
1,278.30
1,254.00
1,088.00
1,025.60
Accumulated Depreciation
1,386.60
1,018.40
786.30
767.50
652.10
615.30
459.60
374.70
240.40
123.00
Non Current Assets
8,981.20
4,694.30
4,112.50
3,668.90
2,128.50
1,158.60
898.20
960.20
908.00
967.60
Capital Work in Progress
2.40
23.20
4.60
16.80
0.20
0.30
1.40
0.70
0.00
16.70
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.
2,857.10
2,293.40
1,777.80
1,543.60
1,071.10
48.20
52.70
42.50
31.90
9.10
Other Non Current Assets
25.50
24.70
18.20
41.80
36.60
30.80
25.40
37.70
28.50
39.20
Current Assets
4,350.80
2,602.50
2,606.40
2,220.90
2,093.70
2,882.00
2,345.50
2,111.90
1,886.80
1,662.10
Current Investments
145.70
0.00
0.00
0.00
12.40
13.70
365.10
365.20
315.80
74.60
Inventories
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.30
0.30
0.30
Sundry Debtors
2,577.10
1,803.90
1,613.10
1,389.40
1,068.30
856.50
587.70
585.80
468.00
590.10
Cash & Bank
883.20
335.20
578.70
453.50
812.20
903.40
557.60
418.30
407.50
336.20
Other Current Assets
744.80
131.20
125.20
151.00
200.80
1,108.40
835.10
742.30
695.20
660.90
Short Term Loans & Adv.
528.70
332.20
289.40
227.00
115.10
1,051.30
741.00
598.40
518.80
490.70
Net Current Assets
1,613.30
1,071.00
867.10
1,041.70
1,251.20
1,356.80
1,174.30
1,001.80
992.60
884.40
Total Assets
13,332.00
7,296.80
6,718.90
5,889.80
4,222.20
4,040.60
3,243.70
3,072.10
2,794.80
2,629.70

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
1,237.10
903.40
950.50
765.60
762.30
296.90
452.70
382.40
472.30
360.10
PBT
1,253.60
1,044.90
951.20
861.50
596.20
595.40
562.40
403.60
372.70
366.70
Adjustment
648.30
504.60
382.00
312.00
284.10
149.30
79.80
102.70
123.20
151.60
Changes in Working Capital
-268.90
-280.00
-102.70
-143.30
50.20
-266.40
-71.30
-12.80
103.60
-58.10
Cash after chg. in Working capital
1,633.00
1,269.50
1,230.50
1,030.20
930.50
478.30
570.90
493.50
599.50
460.20
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-395.90
-366.10
-280.00
-264.60
-168.20
-181.40
-118.20
-111.10
-105.10
-98.80
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
0.00
0.00
-22.10
-1.30
Cash From Investing Activity
-2,448.30
-247.80
-271.60
-956.40
-92.70
112.30
-230.00
-270.40
-306.30
-303.80
Net Fixed Assets
-173.30
-142.40
25.90
-12.70
55.90
-66.00
-29.70
-51.60
-58.50
108.11
Net Investments
-2,096.40
-334.40
0.00
-978.80
-17.60
28.30
-121.80
-159.60
-174.90
-175.26
Others
-178.60
229.00
-297.50
35.10
-131.00
150.00
-78.50
-59.20
-72.90
-236.65
Cash from Financing Activity
1,675.30
-887.00
-558.20
-155.80
-695.80
-132.70
-106.30
-74.40
-66.90
-72.70
Net Cash Inflow / Outflow
464.10
-231.40
120.70
-346.60
-26.20
276.50
116.40
37.60
99.10
-16.40
Opening Cash & Equivalents
321.30
569.90
446.80
799.90
819.50
519.40
410.20
350.20
287.90
223.80
Closing Cash & Equivalent
795.60
321.30
569.90
446.80
799.90
819.50
519.40
410.20
350.20
287.90

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
185.28
116.01
490.03
439.34
398.32
382.11
332.41
285.35
272.83
255.77
ROA
9.16%
12.11%
11.82%
14.14%
11.28%
12.64%
13.13%
10.52%
10.03%
11.75%
ROE
19.70%
25.81%
26.28%
28.09%
19.41%
21.05%
22.16%
18.00%
16.79%
19.66%
ROCE
25.68%
31.94%
31.71%
33.36%
24.92%
27.05%
29.45%
23.54%
21.65%
25.29%
Fixed Asset Turnover
2.22
2.79
2.70
2.85
2.77
2.81
2.90
2.55
2.65
2.74
Receivable days
66.35
69.22
68.37
69.73
75.34
63.00
58.26
64.29
68.91
81.21
Inventory Days
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.04
0.04
0.60
Payable days
0.00
0.00
0.00
0.00
0.00
0.00
20.47
21.38
20.71
30.21
Cash Conversion Cycle
66.35
69.22
68.37
69.73
75.34
63.00
37.79
42.95
48.25
51.60
Total Debt/Equity
0.11
0.12
0.11
0.13
0.00
0.01
0.01
0.01
0.02
0.01
Interest Cover
10.62
9.52
12.80
14.25
42.69
39.41
62.13
43.94
59.43
49.72

Annual Reports:

FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016

News Update:


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    24th Mar 2026, 14:56 PM

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  • Coforge partners with VHC Health
    26th Feb 2026, 11:30 AM

    Under the partnership, the company will serve as VHC Health’s Digital and IT services provider

    Read More
  • Coforge secures $158 million contract from UK based client
    25th Feb 2026, 12:21 PM

    The company shall provide services effective April 2026

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  • Coforge expands CodeInsightAI with Agentic AI capabilities for enterprise modernization
    11th Feb 2026, 12:39 PM

    Coforge CodeInsightAI is an advanced, AI-first platform built to accelerate enterprise modernization by automating both reverse and forward engineering

    Read More
  • Coforge, Innovaccer Inc. join forces to accelerate AI transformation in healthcare
    27th Jan 2026, 10:51 AM

    The two firms launched G-Forge, a joint initiative designed to help healthcare organizations scale AI

    Read More
  • Coforge signs definitive agreements to acquire Encora
    27th Dec 2025, 15:37 PM

    The transaction is subject to customary closing conditions and regulatory approvals

    Read More
  • Coforge launches Agentic AI powered IT operations management platform
    24th Dec 2025, 16:00 PM

    EvolveOps.AI delivers end-to-end autonomous operations across the lifecycle of enterprise systems running on a hybrid cloud ecosystem

    Read More
  • Coforge launches ‘Data Cosmos’ to accelerate enterprise transformation
    16th Dec 2025, 14:11 PM

    To further increase speed-to-value, the company has built the Data Cosmos Toolkit

    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.