1Y Annualised Return
▲39.02%
3Y Annualised Return
▲35.37%
5Y Annualised Return
▲35.31%
10Y Annualised Return
▲34.01%
Coforge Stock Performance
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Coforge Company background
Coforge Ltd
Coforge is a global IT solutions company headquartered in Noida, India. It was founded in 1992 as NIIT Technologies and rebranded as Coforge in 2020. Coforge offers a range of IT services including application development, cloud computing, business process outsourcing, infrastructure management and digital integration.
Coforge serves clients across banking, insurance, travel, transportation, manufacturing and government sectors. It has a global delivery model with centers in India, US, UK, Europe and Asia Pacific. Coforge is listed on the BSE and NSE with a market cap of around $3 billion.
Financial Performance
Coforge has demonstrated robust financial performance recently, driven by strong revenue growth and profitability. Below are the highlights.
FY24 Financial Performance
- Revenue: ₹9,179 crore, a 14.5% increase year-on-year (YoY).
- Net Profit (PAT): ₹808 crore, up 16.5% YoY.
- Adjusted EBITDA Margin: 17.6%.
- Order Intake: $1.9 billion, up 56% YoY.
Q3 FY25 Highlights (October–December 2024)
- Revenue: ₹3,318.2 crore, a 40.3% YoY increase in constant currency terms.
- EBITDA: ₹519 crore, up 29.3% YoY.
- Net Profit: ₹268 crore, up 10.3% YoY.
- Order Executable: $1.37 billion, up 40.1% YoY.
Q4 FY24 Highlights
- Revenue: ₹2,358.5 crore, an 8.7% YoY increase.
- Net Profit: ₹223.7 crore, up 94.8% YoY.
- Adjusted EBITDA Margin: Improved to 19%.
Key Drivers
- Strong order intake and large deal wins across North America and ASEAN regions.
- Expansion in digital transformation services and acquisition of Cigniti Technologies to strengthen offerings.
- Improved operational efficiency and sustained growth in international markets.
Coforge continues to deliver strong growth through strategic initiatives, robust deal pipelines, and consistent execution in its key markets.
Revenue Mix and Client Base
- Americas contribute 55% of Coforge's revenues followed by Europe with 37% share. Rest of World is 8%.
- BFSI vertical accounts for the largest share of revenues at 55%. Travel & transport is 20%, Manufacturing at 12% and Rest of World is 13%.
- Top 5 clients contribute 25% to revenues while top 10 clients form 35% of revenues. Customer concentration risk appears manageable.
- Coforge serves over 265 global clients including many Fortune 500 and marquee companies. Clients include leading banks, insurers, airlines, travel firms, retailers, logistics companies etc.
Service Offerings
Coforge has capabilities across:
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Application Development: Custom application development, support and modernization leveraging cloud, automation, AI/ML.
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Cloud Services: Advisory, migration, implementation and managed services on public/private/hybrid cloud across AWS, Azure, GCP.
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Digital Integration: API management, IoT integration, data engineering services.
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Managed Services: E2E management of infrastructure, applications, business processes and help desk.
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Business Process Outsourcing: F&A, procurement, HR outsourcing, platform BPO services.
Coforge combines deep domain expertise and emerging technologies to deliver tailored solutions to clients.
Recent Acquisitions
Strategic acquisitions have expanded Coforge's capabilities and client base.
- Acquired SLK Global in 2020 to strengthen finance and accounting outsourcing practice.
- Acquired Plain Vanilla to augment digital engineering services in 2019.
- Acquired WHISHWORKS in 2018 to boost integration skills and offshore delivery.
- Acquired RuleTek in 2017 to drive growth in BPM and insurance vertical.
Acquisitions have been focused on scaling high-growth next generation services like cloud, automation, big data analytics.
Growth Drivers
Key growth drivers for Coforge.
- Increasing IT spend by BFSI clients especially in areas like cloud migration, data analytics, digital channels.
- Rapid adoption of emerging tech like IoT, AI/ML, robotic process automation among enterprises is expanding the addressable market.
- Global push toward cloud adoption, automation and platformization is driving demand for digital integration services.
- Coforge's acquisitions have expanded capabilities in strategic focus areas of cloud, automation, big data and BPO.
- Strong client mining and hunting skills support expansion into new geographies and verticals.
Competition
Coforge competes with large IT services players like TCS, Infosys, Wipro, HCL Technologies as well as smaller companies in specific service domains and industry verticals.
Its differentiation stems from:
- Deep domain expertise and consulting capabilities.
- Ability to combine legacy modernization and transformation services.
- Focus on training and retaining high quality engineering talent.
- Single-minded focus on a few core verticals.
- Management stability and execution track record.
Outlook
- Coforge is well-aligned with the megatrends of cloud adoption, automation and emerging tech demand from global enterprises.
- Healthy deal wins, pipeline expansion and new logo acquisitions position it for strong growth.
- Plans for enhancing global delivery capabilities and sales footprint should aid growth.
- High repeat business and stable operating margins lend resilience to the business model.
- Acquisition strategy will continue to supplement organic growth initiatives.
- Strong balance sheet and cash flows allow it to tap into inorganic opportunities.
Coforge seems well-placed to continue its industry leading growth based on its competitive strengths. The Coforge share price should reflect its growth prospects going forward.
Coforge Financial Highlights
Coforge Share Price Today
Over the past
Coforge Fundamental
Market Cap (in crs)
59,534.13
Face Value
2
Turnover (in lacs)
13,928.40
Key Metrics
Coforge Key Financials
| Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|
3688.6 Cr | 3409.9 Cr | 3318.2 Cr | 3062.3 Cr | 2400.8 Cr |
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
12215.4 Cr | 9240.4 Cr | 8076.5 Cr | 6483.8 Cr | 4695.4 Cr | 4251.6 Cr |
| Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|
286.2 Cr | 305.9 Cr | 255.9 Cr | 233.6 Cr | 139.3 Cr |
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
963.5 Cr | 835.6 Cr | 745.1 Cr | 714.7 Cr | 466 Cr | 467.6 Cr |
Coforge Result Highlights
Result Summary
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Coforge Ltd reported a 56.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1FY26). On a year-on-year (YoY) basis, it witnessed a growth of 52.8%.
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Its expenses for the quarter were up by 58.4% QoQ and 49.3% YoY.
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The net profit increased 55.5% QoQ and increased 155.9% YoY.
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The earnings per share (EPS) of Coforge Ltd stood at 9.4 during Q1FY26.
Data Source: BSE, Company announcements
The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results.
Coforge Technical Analysis
Moving Averages Analysis
Delivery & Volume
| Period | Combined Delivery Volume | NSE+BSE Traded Volume |
|---|---|---|
Day Rs | 411531 Rs | 801510 Rs |
Week Rs | 603934 Rs | 1325470 Rs |
Month Rs | 714517 Rs | 1464353 Rs |
Resistance & Support
Coforge Peer comparison
| Index Name | Market Price | Market Cap | 52W Low | 52W High | Prev. Close | 1W Return | 1M Return | 6M Return | 1Y Return | 3Y Return | Dividend Yield | PE Ratio | Industry PE | PB Ratio |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2,950.70 | 56,138.14 | 2044.55 | 3237.95 | 2,939.20 | 3.41% | 8.47% | 33.81% | -5.60% | 46.34% | 1.93% | 39.62 | 29.86 | 8.91 | |
9,142.50 | 79,458.86 | 7038 | 13220 | 8,970.50 | 8.67% | 6.48% | 24.76% | -25.30% | 201.09% | 2.90% | 23.35 | 29.86 | 10.51 | |
5,490.50 | 85,871.42 | 4148.95 | 6788.9 | 5,363.50 | 7.01% | 3.81% | 7.12% | 3.57% | 247.38% | 0.63% | 67.08 | 29.86 | 14.39 | |
1,531.50 | 1,50,019.97 | 1209.4 | 1807.7 | 1,519.80 | 2.22% | 3.01% | 6.31% | -7.13% | 48.23% | 2.94% | 37.23 | 29.86 | 6.69 | |
4,261.70 | 45,165.04 | 3966 | 5822.9 | 4,191.20 | 4.00% | 2.60% | -2.66% | -25.33% | 24.16% | 1.29% | 37.15 | 29.86 | 7.86 | |
754.40 | 45,930.35 | 590.3 | 900 | 767.05 | 0.06% | 5.17% | -0.60% | 220.48% | 220.48% | 1.16% | 47.81 | 29.86 | 13.51 |
Coforge Share Price FAQs
What is Share Price of Coforge ?
Coforge share price is ₹1779.6 in NSE and ₹1780.8 in BSE as on 16/9/2025.
How has Coforge shares performed in the past ?
Coforge share price in the past 1-year return was 27.3. The Coforge share hit a 1-year low of Rs. 1194.01 and a 1-year high of Rs. 2005.36.
What is the market cap of Coforge ?
The market cap of Coforge is Rs. 59534.13 Cr. as of 16/9/2025.
What is the current P/E ratio of Coforge ?
The PE ratios of Coforge is 99.76 as of 16/9/2025.
What is the current PB ratio of Coforge ?
The PB ratios of Coforge is 10.38 as of 16/9/2025
What is the Mutual Fund shareholding in Coforge ?
The Mutual Fund Shareholding in Coforge was 37.9% at the end of 16/9/2025.
How to buy Coforge shares?
You can easily buy Coforge shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.
What is the 52-week high and low of Coforge ?
The 52-week high and low of Coforge share price is ₹2005.36 and ₹1194.01 as of 16/9/2025.
What is the EPS of Coforge ?
The earnings per share (EPS) of Coforge stood at 9.4 during Q1FY26.
Please be aware that Coforge stock prices are subject to continuous fluctuations due to various factors.