Coforge Limited
NSE: COFORGE · Computers - Software & Consulting · sector
₹1,993.00NSE close 2026-10-26
Key numbers
Market cap₹66,873 cr
Price₹1,993.00
52w high / low₹2,021 / ₹1,008
P/E40.5xSector median 17.5x
P/B7.0xSector median 2.7x
Book value₹284.2
Dividend yield0.81%Sector median 1.66%
ROE21.6%Sector median 14.4%
ROCE24.9%Sector median 15.3%
OPM17.3%Sector median 16.9%
Debt / equity0.04xSector median 0.04x
EV/EBITDA21.1xSector median 13.2x
Interest cover11.9x
Current ratio1.61x
Sales growth 3y+27.0%Sector median +10.8%
Profit growth 3y+31.2%Sector median +14.9%
PEG1.51x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 80 companies in Computers - Software & Consulting (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹1,099 cr vs borrowings ₹400 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 11.9x in the last 12 months.
- 0.77% of the promoters' shares are pledged (0.0% of all shares).
- Operating cash flow was below net profit in 0 of the last 5 years.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 6% of net profit in the last 12 months.
- Debtor days went from 72 (FY24) to 88 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹1,993.00 on 2026-10-26: -1.4% from the 52-week high, +97.7% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹1,993.00 · low ₹1,080.60
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,062 | 3,318 | 3,410 | 3,689 | 3,986 | 4,188 | 4,450 | 5,528 |
| EBITDA | 412 | 443 | 527 | 552 | 732 | 583 | 823 | 1,003 |
| OPM % | 13.5% | 13.4% | 15.5% | 15.0% | 18.4% | 13.9% | 18.5% | 18.1% |
| Other income | 56 | 60 | 31 | 19 | 38 | 14 | 22 | 27 |
| Net profit | 202 | 216 | 261 | 349 | 376 | 250 | 572 | 519 |
| EPS (₹) | 6.06 | 6.45 | 7.80 | 9.47 | 11.21 | 7.45 | 18.23 | 12.34 |
| Revenue YoY | +30.2% | +26.2% | +30.5% | +49.9% | ||||
| Profit YoY | +85.9% | +16.1% | +119.1% | +48.6% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 6,432 | 8,015 | 9,179 | 12,051 | 16,403 | 18,152 |
| EBITDA | 1,102 | 1,228 | 1,439 | 1,694 | 2,710 | 3,141 |
| Net profit | 662 | 694 | 808 | 812 | 1,566 | 1,717 |
| EPS (₹) | 21.80 | 22.75 | 26.31 | 24.60 | 46.44 | 49.23 |
| Revenue growth | +24.6% | +14.5% | +31.3% | +36.1% | +34.7% | |
| Profit growth | +4.9% | +16.5% | +0.5% | +92.8% | +67.0% | |
| Dividend / share (₹) | 26.00 | 58.00 | 76.00 | 76.00 | 31.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +27.0% | +28.6% | +34.7% |
| Net profit | +31.2% | +28.0% | +67.0% |
| EPS | +26.8% | +25.5% | – |
| Share price | – | +19.6% (2y) | +12.0% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 3,082 | 3,627 | 6,379 | 9,538 |
| Borrowings | – | 338 | 437 | 700 | 400 |
| Cash & equivalents | – | 579 | 335 | 1,029 | 1,099 |
| Total assets | – | 5,683 | 6,108 | 12,491 | 14,881 |
| Fixed assets | – | 682 | 447 | 768 | 942 |
| Capital work in progress | – | 5 | 23 | 2 | 3 |
| Investments | – | 0 | 0 | 0 | 98 |
| Receivables | – | 1,613 | 1,804 | 2,577 | 3,970 |
| Inventory | – | 0 | 0 | 0 | 0 |
| Payables | – | 648 | 806 | 988 | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 766 | 950 | 903 | 1,237 | 1,792 |
| Cash from investing | -956 | -272 | -248 | -2,448 | -435 |
| Cash from financing | -156 | -558 | -887 | 1,675 | -1,094 |
| Capex | 154 | 158 | 266 | 614 | 742 |
| Free cash flow | 612 | 792 | 638 | 623 | 1,049 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 22.5% | 22.3% | 12.7% | 16.4% |
| ROCE % | – | 30.2% | 28.8% | 20.2% | 21.1% |
| Debtor days | – | 73 | 72 | 78 | 88 |
| Inventory days | – | 0 | 0 | 0 | 0 |
| Payable days | – | 4,293 | 31,305 | 35,716 | 0 |
| Cash conversion cycle (days) | – | -4,220 | -31,233 | -35,638 | 88 |
| Working capital days | – | 41 | 43 | 49 | 50 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| FIIs | 24.76% |
| DIIs | 43.79% |
| of which Mutual funds | 32.13% |
| of which Insurance | 9.72% |
| Public (non-institutions) | 31.46% |
| Quarter | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Apr 2026 | Jun 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public holders above 1% | % |
|---|---|
| AI Altius Parent (Cayman) Limited | 12.84% |
| Encora Holdco Limited | 8.33% |
| SBI Arbitrage Fund | 4.42% |
| HDFC Mutual Fund - HDFC Multi CAP Fund | 4.33% |
| Motilal Oswal Nifty Midcap 100 ETF | 4.28% |
| LIC I NEW Pension Plus Growth Fund | 2.83% |
| DSP Focused Fund | 2.33% |
| UTI Nifty500 Shariah Index Fund | 2.03% |
| HDFC Life Insurance Company Limited | 1.64% |
| SBI Life Insurance Co. Ltd | 1.63% |
| Axis Mutual Fund Trustee Ltd. A/C Axis Mutual Fund A/C Axis Multi Asset Allocation Fund | 1.50% |
| Invesco India Contra Fund | 1.49% |
| ICICI Prudential Midcap 150 Index Fund | 1.40% |
| Aditya Birla SUN Life Mutual Fund - Aditya Birla SUN Life Special Opportunities Fund | 1.32% |
| NPS TR AC ICICI Pension Fund Scheme E - Tier I | 1.24% |
3,12,271 shareholders. Pledged: 0.77% of promoter shares.
Peers in Computers - Software & Consulting
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TCS | ₹9,17,670 cr | 17.8x | 7.7x | 45.8% | 59.1% | 25.0% | +5.8% | 4.31% |
| INFY | ₹4,72,230 cr | 15.7x | 5.1x | 32.1% | 44.9% | 23.0% | +6.8% | 3.95% |
| HCLTECH | ₹3,84,716 cr | 20.9x | 5.0x | 24.9% | 31.9% | 19.9% | +8.7% | 3.80% |
| WIPRO | ₹1,87,403 cr | 14.8x | 2.4x | 16.0% | 19.6% | 19.3% | +0.8% | 6.18% |
| TECHM | ₹1,59,037 cr | 28.8x | 5.4x | 16.1% | 25.2% | 16.8% | +2.2% | 2.53% |
| LTM | ₹1,20,617 cr | 23.1x | 4.7x | 21.2% | 28.2% | 16.7% | +8.4% | 1.66% |
| PERSISTENT | ₹92,284 cr | 50.8x | 10.7x | 22.9% | 28.2% | 16.3% | +20.9% | 0.63% |
| COFORGE | ₹66,873 cr | 40.5x | 7.0x | 21.6% | 24.9% | 17.3% | +27.0% | 0.81% |
| MPHASIS | ₹48,819 cr | 25.5x | 4.5x | 18.8% | 22.3% | 18.4% | +4.8% | 2.23% |
| HEXT | ₹36,152 cr | 26.9x | 5.4x | 21.5% | 27.6% | 14.2% | – | – |
Business segments (2026-06-30)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Americas | ₹3,418 cr | 61.8% | ₹606 cr | 17.7% |
| Europe,Middle East and Africa | ₹1,492 cr | 27.0% | ₹256 cr | 17.1% |
| ROW | ₹618 cr | 11.2% | ₹20 cr | 3.3% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-03 | Dividend | Interim Dividend - Rs 4 Per Share |
| 2026-01-30 | Dividend | Interim Dividend - Rs 4 Per Share |
| 2025-10-31 | Dividend | Interim Dividend - Rs 4 Per Share |
| 2025-07-31 | Dividend | Interim Dividend - Rs 4 Per Share |
| 2025-06-04 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share |
| 2025-05-09 | Dividend | Interim Dividend - Rs 19 Per Share |
| 2025-01-30 | Dividend | Interim Dividend - Rs 19 Per Share |
| 2024-10-11 | Dividend | Interim Dividend - Rs 19 Per Share |
| 2024-08-02 | Dividend | Interim Dividend - Rs 19 Per Share |
| 2024-05-15 | Dividend | Interim Dividend - Rs 19 Per Share |
| 2024-02-05 | Dividend | Interim Dividend - Rs 19 Per Share |
| 2023-11-02 | Dividend | Interim Dividend - Rs 19 Per Share |
| 2023-08-03 | Dividend | Interim Dividend - Rs 19 Per Share |
| 2023-05-10 | Dividend | Interim Dividend - Rs 19 Per Share |
| 2023-02-03 | Dividend | Interim Dividend - Rs 19 Per Sh |
| 2022-11-03 | Dividend | Interim Dividend - Rs 13 Per Share |
| 2022-08-03 | Dividend | Interim Dividend - Rs 13 Per Share |
| 2022-05-23 | Dividend | Interim Dividend - Rs 13 Per Share |
| 2022-02-07 | Dividend | Interim Dividend - Rs 13 Per Share |
| 2021-11-03 | Dividend | Interim Dividend - Rs 13 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Information and Communication: Computer programming, consultancy, and related services
| Sector | Information Technology |
| Industry | Computers - Software & Consulting |
| Sub-industry | Computers - Software & Consulting |
| Symbol | COFORGE |
| BSE code | 532541 |
| ISIN | INE591G01025 |
| Face value | ₹2.0 |
| Incorporated | 1992-05-13 |
| Website | www.coforge.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.