Coforge

Why is Coforge Ltd falling/rising?

As of 12-Aug, Coforge Ltd's stock is experiencing a decline of 1.18% after two days of gains, with a notable drop in investor participation. Despite strong long-term fundamentals, the stock's high valuation and reduced trading activity are contributing to its current downward trend.

As of 12-Aug, Coforge Ltd's stock price is currently falling, with a change of -21.4, representing a decrease of 1.18%. Despite this decline, the stock has shown strong performance over various periods, including a 2.14% increase over the past week and a significant 19.56% rise over the last month. However, today's performance indicates a trend reversal, as the stock has fallen after two consecutive days of gains.<BR><BR>The stock touched an intraday low of Rs 1780, reflecting a decline of 2.14% during the day. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 26.5% compared to the five-day average. This drop in trading activity may contribute to the stock's current downward movement.<BR><BR>Despite these short-term challenges, Coforge Ltd maintains strong long-term fundamentals, including a healthy return on equity (ROE) of 20.16% and consistent growth in net sales and operating profit. However, the stock is perceived as expensive, trading at a premium compared to its peers, which may also influence investor sentiment negatively in the short term. Overall, while the stock has outperformed the market in the long run, the recent decline can be attributed to a combination of a trend reversal, reduced trading volume, and high valuation concerns.

Which are the latest news on Coforge?

Has Coforge Ltd declared dividend?

Coforge Ltd has declared a dividend of 200%, amounting to approximately ₹3.99 per share, with an ex-date of August 3, 2026. The company has shown strong total returns across various periods, particularly over the long term.

Coforge Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 200%<BR>- Amount per share: 3.990341080591609<BR>- Ex-date: 03 Aug 26<BR><BR>Dividend Yield: 0.53%.<BR><BR>Total Returns by Period:<BR>In the last 3 months, the price return was 46.0%, the dividend return was 0.35%, resulting in a total return of 46.35%.<BR><BR>Over the past 6 months, the price return was 5.66%, the dividend return was 0.24%, leading to a total return of 5.9%.<BR><BR>For the 1-year period, the price return was -0.21%, the dividend return was 0.69%, culminating in a total return of 0.48%.<BR><BR>In the 2-year period, the price return was 38.45%, the dividend return was 2.32%, resulting in a total return of 40.77%.<BR><BR>Over the last 3 years, the price return was 86.81%, the dividend return was 4.19%, leading to a total return of 91.0%.<BR><BR>In the 4-year period, the price return was 120.89%, the dividend return was 7.52%, culminating in a total return of 128.41%.<BR><BR>For the 5-year period, the price return was 71.61%, the dividend return was 6.71%, resulting in a total return of 78.32%.<BR><BR>Overall, Coforge Ltd has declared a significant dividend, and the total returns over various periods show a strong performance, particularly in the longer-term horizons, indicating positive growth and shareholder value creation.

Should I buy, sell or hold Coforge Ltd?

Are Coforge Ltd latest results good or bad?

Coforge Ltd's latest results show strong revenue growth with a record ₹5,527.70 crores, up 24.20% QoQ and 49.22% YoY. However, net profit declined 15.30% QoQ due to rising employee costs and decreased operating margins, raising concerns about cost management.

Coforge Ltd's latest results present a mixed picture. On the positive side, the company achieved a record revenue of ₹5,527.70 crores in Q1 FY27, reflecting a robust 24.20% increase quarter-on-quarter (QoQ) and an impressive 49.22% growth year-on-year (YoY). This strong revenue performance indicates successful deal wins and client additions, suggesting a solid operational foundation.<BR><BR>However, the net profit of ₹518.60 crores represents a decline of 15.30% QoQ, despite a significant 63.39% increase YoY. This drop in profit is primarily attributed to rising employee costs, which surged by 30.34% QoQ, and a normalization of tax expenses. Additionally, the operating margin decreased to 19.14%, down 55 basis points from the previous quarter, indicating pressure on profitability.<BR><BR>Overall, while the revenue growth is commendable and suggests strong demand, the decline in profitability and margin compression raises concerns about cost management and sustainability. Investors may want to monitor these trends closely as the company navigates its growth strategy amidst rising costs.

How big is Coforge?

As of 10th June, Coforge Ltd has a market capitalization of 60,974.00 Cr, with recent Net Sales of 16,356.30 Cr and a Net Profit of 1,555.70 Cr.

As of 10th June, Coforge Ltd has a market capitalization of 60,974.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, Coforge reported Net Sales of 16,356.30 Cr and a Net Profit of 1,555.70 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 6,379.20 Cr and Total Assets of 11,943.70 Cr.

Who are in the management team of Coforge?

The management team of Coforge includes Basab Pradhan (Chairperson), Sudhir Singh (CEO), and several directors, including Ashwani Puri, Hari Gopalakrishnan, Cheong Tuck Kuen Kenneth, Patrick John Cordes, Kriti Ram Hariharan, and Mary Beth Boucher, along with Barkha Sharma as Company Secretary. They are responsible for guiding the company's strategic direction and operations.

The management team of Coforge includes the following individuals:<BR><BR>1. **Basab Pradhan** - Chairperson and Independent Director<BR>2. **Sudhir Singh** - Executive Director & CEO<BR>3. **Ashwani Puri** - Independent Director<BR>4. **Hari Gopalakrishnan** - Director<BR>5. **Cheong Tuck Kuen Kenneth** - Director<BR>6. **Patrick John Cordes** - Director<BR>7. **Kriti Ram Hariharan** - Director<BR>8. **Barkha Sharma** - Company Secretary & Compliance Officer<BR>9. **Mary Beth Boucher** - Independent Director<BR><BR>This team plays a crucial role in guiding the company's strategic direction and operations.

Who are the peers of the Coforge?

Coforge's peers include HCL Technologies, Wipro, Tech Mahindra, L&T Technology, Persistent Systems, Mphasis, Hexaware Tech, and Tata Technologies. In terms of growth and returns, Coforge shows excellent growth but a 1-year return of -23.34%, better than HCL Technologies (-36.01%) but worse than Tata Technologies (-5.22%).

Peers: The peers of Coforge are HCL Technologies, Wipro, Tech Mahindra, LTM, Persistent Syste, Mphasis, L&T Technology, Hexaware Tech., and Tata Technolog.<BR><BR>Quality Snapshot: Excellent management risk is observed at HCL Technologies, LTM, Persistent Syste, Coforge, and L&T Technology, while Good management risk is found at Wipro, Tech Mahindra, Mphasis, Hexaware Tech., and Tata Technolog. Average growth is noted at HCL Technologies, while Below Average growth is seen at Wipro, Tech Mahindra, and Tata Technolog. Excellent growth is recorded at LTM, Persistent Syste, Coforge, and Hexaware Tech., while Good growth is noted at L&T Technology, and the rest have Below Average growth.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Tata Technolog at -5.22%, while the peer with the lowest is HCL Technologies at -36.01%. Coforge’s own 1-year return is -23.34%, which is better than HCL Technologies but worse than Tata Technolog. Additionally, Mphasis, L&T Technology, Hexaware Tech., and Wipro all have negative six-month returns.

What does Coforge do?

Coforge Ltd, formerly NIIT Technologies, is a mid-cap company in the software and consulting industry, providing various services. As of March 2026, it reported net sales of ₹4,450 Cr and a net profit of ₹612 Cr, with a market cap of ₹60,974 Cr.

Overview:<BR>Coforge Ltd is a mid-cap company operating in the Computers - Software & Consulting industry, providing software and consulting services.<BR><BR>History:<BR>Coforge Ltd was originally incorporated as NIIT Technologies Limited in 1992. The company underwent a name change approved by shareholders on June 14, 2020, and officially became Coforge Limited on August 3, 2020. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 4,450 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 612 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 60,974 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>- P/E: 36.00<BR>- Industry P/E: 20<BR>- Dividend Yield: 0.66%<BR>- Debt Equity: -0.04<BR>- Return on Equity: 17.70%<BR>- Price to Book: 6.37<BR><BR>Contact Details:<BR>Address: 8 Balaji Estate 3rd Floor, Guru Ravi Das Marg Kalkaji New Delhi New Delhi : 110019<BR>Tel: 91-11-41675000<BR>Email: investors@niit-tech.com<BR>Website: http://www.coforge.com

Is Coforge technically bullish or bearish?

As of November 19, 2025, Coforge's trend has shifted to bullish, supported by strong weekly MACD and Bollinger Bands, although caution is advised due to mildly bearish monthly indicators.

As of 19 November 2025, the technical trend for Coforge has changed from mildly bullish to bullish. The current stance is bullish with a strong indication from the weekly MACD and Bollinger Bands, both signaling bullish momentum. Daily moving averages also confirm a bullish trend. However, the monthly MACD and KST are mildly bearish, suggesting some caution in the longer term. Overall, the strength of the bullish trend is supported by the recent price action, with today's high surpassing the previous close significantly.

How has been the historical performance of Coforge?

Coforge has experienced significant growth from March 2020 to March 2025, with net sales increasing from 4,183.90 crore to 12,050.70 crore and profit after tax rising from 467.60 crore to 963.50 crore, alongside a substantial improvement in operating cash flow and total assets. Overall, the company has shown robust revenue and profitability growth during this period.

Answer:<BR>Coforge has shown significant growth in its historical performance, particularly in net sales and profit metrics over the past several years.<BR><BR>Breakdown:<BR>Coforge's net sales have increased from 4,183.90 crore in March 2020 to 12,050.70 crore in March 2025, reflecting a strong upward trend. Total operating income has followed a similar trajectory, rising from 4,183.90 crore in March 2020 to 12,050.70 crore in March 2025. The company's total expenditure, excluding depreciation, also grew from 3,460.60 crore in March 2020 to 10,357.00 crore in March 2025, indicating increased operational costs alongside revenue growth. Operating profit, excluding other income, improved from 723.30 crore in March 2020 to 1,693.70 crore in March 2025, showcasing enhanced profitability. Profit before tax rose from 595.40 crore in March 2020 to 1,296.10 crore in March 2025, while profit after tax increased from 467.60 crore to 963.50 crore over the same period. The consolidated net profit reached 812.10 crore in March 2025, up from 444.00 crore in March 2020. Additionally, total assets surged from 3,309.60 crore in March 2020 to 11,943.70 crore in March 2025, with total liabilities also increasing from 3,309.60 crore to 11,943.70 crore, reflecting the company's expansion. Cash flow from operating activities improved significantly, rising from 296.00 crore in March 2020 to 1,237.00 crore in March 2025, while the closing cash and cash equivalents increased from 819.00 crore to 795.00 crore during the same timeframe. Overall, Coforge has demonstrated robust growth in revenue, profitability, and asset base over the years.

Is Coforge overvalued or undervalued?

As of October 24, 2024, Coforge is considered very expensive with a PE ratio of 73.37 and a PEG ratio of 0.00, indicating overvaluation compared to peers like TCS and Infosys, despite a strong past year performance.

As of 24 October 2024, Coforge's valuation grade has moved from expensive to very expensive, indicating a significant shift in its market perception. The company appears to be overvalued based on its current metrics, with a PE ratio of 73.37, a Price to Book Value of 9.31, and an EV to EBITDA ratio of 35.63. These ratios suggest that investors are paying a premium for the stock relative to its earnings and book value.<BR><BR>In comparison to its peers, Coforge stands out with a substantially higher PE ratio than TCS, which has a PE of 25.23, and Infosys, at 24.32. Additionally, while TCS and HCL Technologies are classified as attractive, Coforge's PEG ratio of 0.00 further emphasizes its overvaluation, as it indicates no expected growth in earnings relative to its price. Despite a strong performance in the past year, with a stock return of 65.07% compared to the Sensex's 7.60%, the current valuation metrics suggest that Coforge may not sustain this growth in the long term.

Who are the top shareholders of the Coforge?

The top shareholders of Coforge include Foreign Institutional Investors (FIIs) with 40.21% of shares, mutual funds holding 36.92%, and the Motilal Oswal Midcap Fund as the largest public shareholder at 9.16%. Individual investors own about 6.77%, with no pledged promoter holdings or a single highest promoter.

The top shareholders of Coforge include a significant presence of Foreign Institutional Investors (FIIs), who hold approximately 40.21% of the company's shares. Additionally, mutual funds are represented by 44 schemes, accounting for 36.92% of the holdings. Among individual shareholders, the Motilal Oswal Midcap Fund stands out as the highest public shareholder with a 9.16% stake. Individual investors collectively hold about 6.77% of the shares. Notably, there are no pledged promoter holdings, and there is no single promoter with the highest holding.

When is the next results date for Coforge?

No Upcoming Board Meetings

What is the bonus history of the Coforge?

Coforge announced a bonus issue on August 30, 2007, in a 1:2 ratio, meaning shareholders received one additional share for every two shares held, with a record date of August 31, 2007.

Coforge has a bonus history that includes a notable event on August 30, 2007, when the company announced a bonus issue in a ratio of 1:2. The record date for this bonus was August 31, 2007. This means that for every two shares held, shareholders received one additional share as a bonus. If you have any more questions about Coforge or its financial activities, feel free to ask!