Coforge Limited (IN:COFORGE)
:COFORGE
COFORGE Stock Chart & Stats
₹1651.40
-₹216.10(-2.26%)
At close: 4:00 PM EST
₹1651.40
-₹216.10(-2.26%)
Day’s Range― - ―
52-Week Range₹1,008.50 - ₹1,994.00
Previous CloseN/A
Volume186.99K
Average Volume (3M)67.87K
Market Cap
₹369.53B
Enterprise Value₹373.93B
Total Cash (Recent Filing)₹5.71B
Total Debt (Recent Filing)₹9.71B
Price to Earnings (P/E)55.8
Beta1.41
Next Earnings
May 13, 2026EPS Estimate
12.8Next Dividend Ex-DateN/A
Dividend Yield0.88%
Share Statistics
EPS (TTM)7.38
Shares Outstanding335,800,230
10 Day Avg. Volume58,454
30 Day Avg. Volume67,870
Financial Highlights & Ratios
PEG Ratio-12.50
Price to Book (P/B)7.85
Price to Sales (P/S)4.16
P/FCF Ratio80.44
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹2,260.00Price Target Upside36.85% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)42.68
Revenue Forecast (FY)₹163.03B
Bulls Say, Bears Say
Bulls Say
Revenue GrowthA multi-year revenue CAGR near 25% with recent revenue growth ~37% shows durable demand for Coforge’s services and successful account expansion. Sustained top-line growth supports reinvestment, scale advantages in delivery, and long-term revenue visibility from multi-year contracts.
Margin SustainabilityRobust gross margins around 40% and stable net margins (~8%) indicate persistent pricing power and efficient cost controls in a services model. Strong gross margins provide buffer for investment in talent and technology and support resilient profitability through business cycles.
Balance Sheet & Cash GenerationLow leverage (debt/equity ~0.17) combined with consistent operating cash flow growth and positive free cash flow point to financial resilience. This supports capital allocation flexibility for M&A, R&D, or shareholder returns without over-reliance on external financing.
Bears Say
Cash Position VariabilitySignificant variability in cash balances suggests uneven timing of collections, working capital swings or episodic investments. Persistent cash volatility can constrain operational flexibility and raise refinancing or liquidity risk during slower demand periods.
Fluctuating Free Cash FlowWhile free cash flow is positive, its volatility signals that cash conversion can ebb and flow with project timing and client billing patterns. Ongoing FCF fluctuations complicate planning for long-term investments and reduce predictability of shareholder returns.
Services-Led Revenue MixA predominantly services-led model (T&M, fixed-price, managed services) offers growth but also leaves Coforge exposed to pricing pressure, higher labor intensity and lower recurring software-like margins. Limited product/licensing revenue reduces scalable, high-margin revenue streams.
Coforge Limited News
COFORGE FAQ
What was Coforge Limited’s price range in the past 12 months?
Coforge Limited lowest stock price was ₹1008.50 and its highest was ₹1994.00 in the past 12 months.
What is Coforge Limited’s market cap?
Coforge Limited’s market cap is ₹369.53B.
When is Coforge Limited’s upcoming earnings report date?
Coforge Limited’s upcoming earnings report date is May 13, 2026 which is in 49 days.
How were Coforge Limited’s earnings last quarter?
Coforge Limited released its earnings results on Jan 22, 2026. The company reported ₹7.38 earnings per share for the quarter, missing the consensus estimate of ₹10.948 by -₹3.568.
Is Coforge Limited overvalued?
According to Wall Street analysts Coforge Limited’s price is currently Undervalued.
Does Coforge Limited pay dividends?
Coforge Limited pays a Quarterly dividend of ₹4 which represents an annual dividend yield of 0.88%. See more information on Coforge Limited dividends here
What is Coforge Limited’s EPS estimate?
Coforge Limited’s EPS estimate is 12.8.
How many shares outstanding does Coforge Limited have?
Coforge Limited has 335,800,230 shares outstanding.
What happened to Coforge Limited’s price movement after its last earnings report?
Coforge Limited reported an EPS of ₹7.38 in its last earnings report, missing expectations of ₹10.948. Following the earnings report the stock price went up 1.154%.
Which hedge fund is a major shareholder of Coforge Limited?
Currently, no hedge funds are holding shares in IN:COFORGE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Coforge Limited
Coforge Limited provides information technology (IT) and IT enabled services in India, the Americas, Europe, the Middle East and Africa, and the Asia Pacific. It offers digital process automation services, including workflow/process management, artificial intelligence (AI) and predictive analytics, robotic process automation, and case management; digital services, such as digital integration, Salesforce, MuleSoft, digital interactive and advisory, automation, digital innovation, and innovation as a services; and cloud and infrastructure management services comprising cloud, workplace, cybersecurity, data center, and always on network, as well as service integration services. The company also provides cybersecurity services, which include security incident management platform, managed automated security testing and enhanced remediation, intelligent detection and response of threats, access control and entity management, governance risk management and compliance, and secure adaptive fortified endpoints, as well as phishing, analysis, and training and testing platform. In addition, it offers AI and cognitive, business analytics, and data engineering services; advanced application engineering services, including development, operations, and quality engineering services; business process solutions; and media solutions, such as print design services and marketing solutions. The company serves insurance, travel, transportation, hospitality, banking and financial services, healthcare and life sciences, public sector, hi-tech and manufacturing, media and entertainment, and retail and consumer goods industries. Coforge Limited has strategic alliances with Kong Inc. for cloud API services; and Newgen Software Technologies Limited to enhance digital operations for organizations. The company was formerly known as NIIT Technologies Limited and changed its name to Coforge Limited in August 2020. Coforge Limited was incorporated in 1992 and is based in New Delhi, India.
COFORGE Stock 12 Month Forecast
Average Price Target
₹2,260.00
▲(36.85% Upside)
Technical Analysis
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