Share Price and Basic Stock Data
Last Updated: November 22, 2025, 8:16 am
| PEG Ratio | 5.23 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Coforge Ltd, operating in the IT Consulting and Software sector, reported a current share price of ₹1,858 with a market capitalization of ₹62,274 Cr. The company’s revenue has shown a robust upward trajectory, standing at ₹8,015 Cr for the fiscal year ending March 2023, and projected to reach ₹9,009 Cr in March 2024. The trailing twelve months (TTM) revenue surged to ₹14,342 Cr, indicating a significant growth trend. Quarterly sales figures also reflect this momentum, with revenues increasing from ₹1,829 Cr in June 2022 to ₹2,276 Cr in September 2023. This consistent growth in sales underscores Coforge’s ability to capture market opportunities and expand its service offerings effectively. The operating profit margin (OPM) remained relatively stable, averaging around 16% for the fiscal year 2023, albeit dipping to 14% in some quarters. This suggests that while the sales growth is commendable, maintaining profitability amidst rising costs remains a challenge.
Profitability and Efficiency Metrics
Coforge’s profitability metrics reflect a healthy operational performance, with a reported net profit of ₹1,345 Cr and a return on equity (ROE) of 16.0%. The company recorded an operating profit of ₹1,282 Cr for the fiscal year ending March 2023, which is expected to rise to ₹1,447 Cr in March 2024. The interest coverage ratio (ICR) stood at a robust 13.80x, indicating strong capacity to meet interest obligations. However, the operating profit margin (OPM) has seen fluctuations, declining to 14% in some quarters. This volatility may be attributed to rising operational costs. Coforge’s cash conversion cycle (CCC) is reported at 78 days, suggesting efficient management of working capital. The return on capital employed (ROCE) stood at 20.3%, reflecting effective utilization of capital in generating profits. These metrics indicate that while the company is profitable, there is room for improvement in managing costs and enhancing operational efficiency.
Balance Sheet Strength and Financial Ratios
The balance sheet of Coforge Ltd demonstrates considerable strength, with total assets reported at ₹12,272 Cr and reserves amounting to ₹6,828 Cr as of March 2025. The company has managed to keep borrowings relatively low at ₹972 Cr, resulting in a total debt-to-equity ratio of just 0.10x. This low leverage indicates a conservative approach to financing, reducing financial risk. The company’s book value per share has increased significantly to ₹953.54, reflecting strong retained earnings and growth in shareholder equity. Moreover, the interest coverage ratio of 13.80x suggests that the company is well-positioned to meet its debt obligations comfortably. Additionally, the price-to-book value (P/BV) ratio stood at 8.49x, indicating that the market values the stock at a premium compared to its book value, which could signify investor confidence in future growth prospects. Overall, the financial health of Coforge appears solid, with a favorable balance sheet and strong capital structure.
Shareholding Pattern and Investor Confidence
Coforge Ltd’s shareholding pattern reveals a significant shift, particularly with the promoters’ stake declining to 0.00% by March 2025, indicating a complete exit from the company. In contrast, foreign institutional investors (FIIs) increased their holdings to 34.09%, while domestic institutional investors (DIIs) maintained a strong presence at 54.87%. This shift suggests a growing institutional confidence in the company’s prospects, especially given the increase in FII participation from 21.30% in December 2022 to 34.09% by March 2025. The number of shareholders also saw a significant rise, reaching 2,23,492 by September 2025, reflecting increased retail interest. However, the complete exit of promoters could raise concerns regarding long-term strategic direction and governance. The public’s stake remained stable at 11.03%, indicating a cautious yet steady interest from retail investors. The evolving shareholding structure may influence market perceptions and the company’s strategic initiatives going forward.
Outlook, Risks, and Final Insight
Looking ahead, Coforge Ltd faces both opportunities and challenges. The ongoing digital transformation trends present significant growth potential, particularly in sectors like cloud computing and AI-driven solutions. However, the company must navigate risks such as rising operational costs and potential market volatility, which could impact margins. Additionally, the complete exit of promoters raises questions about governance and long-term vision. The reliance on institutional investors for stability could be a double-edged sword, as shifts in their investment strategies may affect stock performance. If Coforge can maintain its growth trajectory while effectively managing costs and enhancing operational efficiencies, it could solidify its position as a leader in the IT consulting space. Conversely, failure to address these challenges may hinder its growth potential. Overall, while the prospects appear promising, careful monitoring of operational metrics and market conditions is essential for sustained success.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Coforge Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Naapbooks Ltd | 156 Cr. | 145 | 194/99.8 | 23.9 | 36.4 | 0.00 % | 23.6 % | 17.1 % | 10.0 |
| IB Infotech Enterprises Ltd | 26.5 Cr. | 207 | 310/140 | 18.9 | 26.7 | 0.48 % | 38.5 % | 35.4 % | 10.0 |
| Hit Kit Global Solutions Ltd | 5.29 Cr. | 1.08 | 1.73/0.91 | 2.47 | 0.00 % | 2.14 % | 2.15 % | 2.00 | |
| Globalspace Technologies Ltd | 57.5 Cr. | 16.7 | 25.0/13.7 | 103 | 15.8 | 0.00 % | 2.13 % | 1.41 % | 10.0 |
| First Fintec Ltd | 7.09 Cr. | 6.82 | 11.7/5.25 | 88.6 | 10.3 | 0.00 % | 0.28 % | 0.85 % | 10.0 |
| Industry Average | 19,958.08 Cr | 574.21 | 91.41 | 126.08 | 0.56% | 14.93% | 20.42% | 6.95 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,829 | 1,959 | 2,056 | 2,170 | 2,221 | 2,276 | 2,323 | 2,318 | 2,357 | 3,062 | 3,258 | 3,410 | 3,689 |
| Expenses | 1,541 | 1,622 | 1,696 | 1,874 | 1,915 | 1,935 | 1,928 | 1,929 | 2,048 | 2,650 | 2,823 | 2,883 | 3,112 |
| Operating Profit | 289 | 337 | 360 | 296 | 306 | 341 | 395 | 390 | 309 | 412 | 435 | 527 | 577 |
| OPM % | 16% | 17% | 17% | 14% | 14% | 15% | 17% | 17% | 13% | 13% | 13% | 15% | 16% |
| Other Income | 14 | 14 | 32 | -50 | 16 | 9 | 15 | 14 | 6 | 56 | 56 | 33 | 64 |
| Interest | 18 | 21 | 22 | 20 | 22 | 32 | 35 | 37 | 32 | 30 | 32 | 40 | 46 |
| Depreciation | 63 | 61 | 62 | 72 | 76 | 77 | 81 | 79 | 72 | 124 | 116 | 125 | 159 |
| Profit before tax | 221 | 268 | 307 | 155 | 224 | 241 | 294 | 288 | 211 | 314 | 343 | 395 | 436 |
| Tax % | 22% | 18% | 23% | 25% | 22% | 22% | 18% | 20% | 34% | 25% | 25% | 22% | 18% |
| Net Profit | 172 | 221 | 236 | 117 | 176 | 188 | 243 | 229 | 139 | 234 | 256 | 307 | 356 |
| EPS in Rs | 4.91 | 6.60 | 7.47 | 3.76 | 5.41 | 5.88 | 7.71 | 7.24 | 3.99 | 6.06 | 6.45 | 7.99 | 9.49 |
Last Updated: August 1, 2025, 10:35 pm
Below is a detailed analysis of the quarterly data for Coforge Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 3,689.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,410.00 Cr. (Mar 2025) to 3,689.00 Cr., marking an increase of 279.00 Cr..
- For Expenses, as of Jun 2025, the value is 3,112.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,883.00 Cr. (Mar 2025) to 3,112.00 Cr., marking an increase of 229.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 577.00 Cr.. The value appears strong and on an upward trend. It has increased from 527.00 Cr. (Mar 2025) to 577.00 Cr., marking an increase of 50.00 Cr..
- For OPM %, as of Jun 2025, the value is 16.00%. The value appears strong and on an upward trend. It has increased from 15.00% (Mar 2025) to 16.00%, marking an increase of 1.00%.
- For Other Income, as of Jun 2025, the value is 64.00 Cr.. The value appears strong and on an upward trend. It has increased from 33.00 Cr. (Mar 2025) to 64.00 Cr., marking an increase of 31.00 Cr..
- For Interest, as of Jun 2025, the value is 46.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 40.00 Cr. (Mar 2025) to 46.00 Cr., marking an increase of 6.00 Cr..
- For Depreciation, as of Jun 2025, the value is 159.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 125.00 Cr. (Mar 2025) to 159.00 Cr., marking an increase of 34.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 436.00 Cr.. The value appears strong and on an upward trend. It has increased from 395.00 Cr. (Mar 2025) to 436.00 Cr., marking an increase of 41.00 Cr..
- For Tax %, as of Jun 2025, the value is 18.00%. The value appears to be improving (decreasing) as expected. It has decreased from 22.00% (Mar 2025) to 18.00%, marking a decrease of 4.00%.
- For Net Profit, as of Jun 2025, the value is 356.00 Cr.. The value appears strong and on an upward trend. It has increased from 307.00 Cr. (Mar 2025) to 356.00 Cr., marking an increase of 49.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 9.49. The value appears strong and on an upward trend. It has increased from 7.99 (Mar 2025) to 9.49, marking an increase of 1.50.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: November 15, 2025, 5:33 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,305 | 2,372 | 2,688 | 2,802 | 2,991 | 3,676 | 4,184 | 4,663 | 6,432 | 8,015 | 9,009 | 12,051 | 14,342 |
| Expenses | 1,950 | 2,036 | 2,214 | 2,322 | 2,489 | 3,026 | 3,459 | 3,882 | 5,330 | 6,733 | 7,562 | 10,357 | 12,071 |
| Operating Profit | 355 | 337 | 474 | 480 | 502 | 650 | 725 | 781 | 1,102 | 1,282 | 1,447 | 1,694 | 2,272 |
| OPM % | 15% | 14% | 18% | 17% | 17% | 18% | 17% | 17% | 17% | 16% | 16% | 14% | 16% |
| Other Income | 30 | -64 | 20 | 4 | 38 | 46 | 59 | 13 | 52 | 8 | 32 | 137 | 192 |
| Interest | 4 | 6 | 8 | 6 | 9 | 9 | 16 | 14 | 65 | 81 | 126 | 135 | 159 |
| Depreciation | 62 | 92 | 121 | 128 | 127 | 125 | 173 | 184 | 227 | 258 | 297 | 428 | 573 |
| Profit before tax | 318 | 176 | 365 | 351 | 404 | 562 | 595 | 596 | 862 | 951 | 1,056 | 1,269 | 1,731 |
| Tax % | 25% | 31% | 21% | 22% | 24% | 25% | 21% | 22% | 17% | 22% | 21% | 26% | |
| Net Profit | 238 | 122 | 287 | 272 | 309 | 422 | 468 | 466 | 715 | 745 | 836 | 936 | 1,345 |
| EPS in Rs | 7.60 | 3.74 | 8.83 | 8.15 | 9.12 | 13.06 | 14.21 | 15.04 | 21.73 | 22.72 | 26.14 | 24.29 | 35.16 |
| Dividend Payout % | 24% | 51% | 23% | 31% | 33% | 0% | 44% | 17% | 48% | 56% | 58% | 63% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -48.74% | 135.25% | -5.23% | 13.60% | 36.57% | 10.90% | -0.43% | 53.43% | 4.20% | 12.21% | 11.96% |
| Change in YoY Net Profit Growth (%) | 0.00% | 183.99% | -140.47% | 18.83% | 22.97% | -25.67% | -11.33% | 53.86% | -49.24% | 8.02% | -0.25% |
Coforge Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 24% |
| 3 Years: | 23% |
| TTM: | 45% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 13% |
| 3 Years: | 7% |
| TTM: | 23% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 34% |
| 5 Years: | 35% |
| 3 Years: | 35% |
| 1 Year: | 34% |
| Return on Equity | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 21% |
| 3 Years: | 21% |
| Last Year: | 16% |
Last Updated: September 5, 2025, 2:05 am
Balance Sheet
Last Updated: November 9, 2025, 1:51 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 61 | 61 | 61 | 61 | 62 | 62 | 62 | 61 | 61 | 61 | 62 | 67 | 67 |
| Reserves | 1,263 | 1,296 | 1,511 | 1,625 | 1,712 | 2,010 | 2,334 | 2,406 | 2,672 | 3,021 | 3,565 | 6,312 | 6,828 |
| Borrowings | 9 | 9 | 10 | 25 | 22 | 14 | 35 | 83 | 490 | 562 | 726 | 1,070 | 972 |
| Other Liabilities | 468 | 611 | 702 | 695 | 828 | 748 | 968 | 935 | 1,655 | 1,980 | 1,708 | 4,823 | 5,724 |
| Total Liabilities | 1,801 | 1,977 | 2,285 | 2,407 | 2,624 | 2,834 | 3,400 | 3,484 | 4,878 | 5,625 | 6,061 | 12,272 | 13,590 |
| Fixed Assets | 453 | 558 | 903 | 848 | 879 | 819 | 1,079 | 1,021 | 2,067 | 2,312 | 2,353 | 6,096 | 7,091 |
| CWIP | 129 | 120 | 17 | 0 | 1 | 1 | 0 | 0 | 17 | 5 | 23 | 2 | 17 |
| Investments | 55 | 55 | 75 | 316 | 365 | 365 | 14 | 12 | 0 | 0 | 0 | 146 | 41 |
| Other Assets | 1,164 | 1,243 | 1,291 | 1,244 | 1,379 | 1,649 | 2,307 | 2,451 | 2,794 | 3,309 | 3,685 | 6,028 | 6,441 |
| Total Assets | 1,801 | 1,977 | 2,285 | 2,407 | 2,624 | 2,834 | 3,400 | 3,484 | 4,878 | 5,625 | 6,061 | 12,272 | 13,590 |
Below is a detailed analysis of the balance sheet data for Coforge Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 67.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 67.00 Cr..
- For Reserves, as of Sep 2025, the value is 6,828.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,312.00 Cr. (Mar 2025) to 6,828.00 Cr., marking an increase of 516.00 Cr..
- For Borrowings, as of Sep 2025, the value is 972.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 1,070.00 Cr. (Mar 2025) to 972.00 Cr., marking a decrease of 98.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 5,724.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4,823.00 Cr. (Mar 2025) to 5,724.00 Cr., marking an increase of 901.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 13,590.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 12,272.00 Cr. (Mar 2025) to 13,590.00 Cr., marking an increase of 1,318.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 7,091.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,096.00 Cr. (Mar 2025) to 7,091.00 Cr., marking an increase of 995.00 Cr..
- For CWIP, as of Sep 2025, the value is 17.00 Cr.. The value appears strong and on an upward trend. It has increased from 2.00 Cr. (Mar 2025) to 17.00 Cr., marking an increase of 15.00 Cr..
- For Investments, as of Sep 2025, the value is 41.00 Cr.. The value appears to be declining and may need further review. It has decreased from 146.00 Cr. (Mar 2025) to 41.00 Cr., marking a decrease of 105.00 Cr..
- For Other Assets, as of Sep 2025, the value is 6,441.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,028.00 Cr. (Mar 2025) to 6,441.00 Cr., marking an increase of 413.00 Cr..
- For Total Assets, as of Sep 2025, the value is 13,590.00 Cr.. The value appears strong and on an upward trend. It has increased from 12,272.00 Cr. (Mar 2025) to 13,590.00 Cr., marking an increase of 1,318.00 Cr..
Notably, the Reserves (6,828.00 Cr.) exceed the Borrowings (972.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 346.00 | 328.00 | 464.00 | 455.00 | 480.00 | 636.00 | 690.00 | 698.00 | -489.00 | -561.00 | -725.00 | 0.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 89 | 93 | 80 | 61 | 71 | 58 | 75 | 84 | 79 | 73 | 73 | 78 |
| Inventory Days | 12 | |||||||||||
| Days Payable | 361 | |||||||||||
| Cash Conversion Cycle | -260 | 93 | 80 | 61 | 71 | 58 | 75 | 84 | 79 | 73 | 73 | 78 |
| Working Capital Days | 70 | 48 | 64 | 38 | 30 | 37 | 38 | 33 | 33 | 13 | 30 | 18 |
| ROCE % | 26% | 19% | 25% | 23% | 23% | 30% | 27% | 25% | 32% | 31% | 29% | 20% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| HDFC Mid-Cap Opportunities Fund - Regular Plan | 2,748,521 | 2.5 | 1512.36 | 2,748,521 | 2025-04-22 13:31:13 | 0% |
| Motilal Oswal Flexi Cap Fund | 1,050,000 | 5.98 | 577.76 | 1,050,000 | 2025-04-22 17:25:38 | 0% |
| Motilal Oswal Midcap Fund | 900,000 | 5.51 | 495.22 | 900,000 | 2025-04-22 17:25:38 | 0% |
| Axis Midcap Fund | 783,552 | 1.69 | 431.15 | 783,552 | 2025-04-22 17:25:38 | 0% |
| Axis Growth Opportunities Fund | 499,686 | 2.34 | 274.95 | 499,686 | 2025-04-22 17:25:38 | 0% |
| Axis ELSS Tax Saver Fund | 432,030 | 0.67 | 237.72 | 432,030 | 2025-04-22 17:25:38 | 0% |
| HDFC Flexi Cap Fund - Regular Plan | 400,000 | 0.43 | 220.1 | 400,000 | 2025-04-22 17:25:38 | 0% |
| Invesco India Contra Fund | 340,064 | 1.35 | 187.12 | 340,064 | 2025-04-22 17:25:38 | 0% |
| Axis Small Cap Fund | 314,879 | 0.91 | 173.26 | 314,879 | 2025-04-22 17:25:38 | 0% |
| Aditya Birla Sun Life Flexi Cap Fund | 300,000 | 0.83 | 165.07 | 300,000 | 2025-04-22 17:25:38 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 123.01 | 131.56 | 113.77 | 109.02 | 74.68 |
| Diluted EPS (Rs.) | 122.03 | 131.56 | 111.53 | 106.52 | 73.29 |
| Cash EPS (Rs.) | 203.84 | 186.76 | 164.26 | 154.66 | 107.19 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 953.54 | 586.83 | 518.80 | 464.93 | 406.95 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 953.54 | 586.83 | 518.80 | 464.93 | 406.95 |
| Revenue From Operations / Share (Rs.) | 1801.30 | 1485.28 | 1311.72 | 1056.16 | 769.44 |
| PBDIT / Share (Rs.) | 277.79 | 240.95 | 219.74 | 189.44 | 134.01 |
| PBIT / Share (Rs.) | 213.87 | 189.40 | 177.43 | 152.13 | 103.71 |
| PBT / Share (Rs.) | 193.74 | 169.08 | 155.68 | 141.46 | 98.38 |
| Net Profit / Share (Rs.) | 139.93 | 135.21 | 121.95 | 117.36 | 76.90 |
| NP After MI And SOA / Share (Rs.) | 121.39 | 130.74 | 113.55 | 108.65 | 75.18 |
| PBDIT Margin (%) | 15.42 | 16.22 | 16.75 | 17.93 | 17.41 |
| PBIT Margin (%) | 11.87 | 12.75 | 13.52 | 14.40 | 13.47 |
| PBT Margin (%) | 10.75 | 11.38 | 11.86 | 13.39 | 12.78 |
| Net Profit Margin (%) | 7.76 | 9.10 | 9.29 | 11.11 | 9.99 |
| NP After MI And SOA Margin (%) | 6.73 | 8.80 | 8.65 | 10.28 | 9.77 |
| Return on Networth / Equity (%) | 12.73 | 22.27 | 22.50 | 24.21 | 18.47 |
| Return on Capital Employeed (%) | 14.73 | 25.57 | 27.48 | 24.54 | 23.53 |
| Return On Assets (%) | 6.50 | 13.22 | 12.20 | 13.35 | 12.96 |
| Long Term Debt / Equity (X) | 0.00 | 0.09 | 0.10 | 0.12 | 0.00 |
| Total Debt / Equity (X) | 0.10 | 0.12 | 0.10 | 0.12 | 0.00 |
| Asset Turnover Ratio (%) | 1.30 | 1.56 | 0.96 | 0.98 | 0.84 |
| Current Ratio (X) | 1.71 | 1.70 | 1.50 | 1.88 | 2.53 |
| Quick Ratio (X) | 1.71 | 1.70 | 1.50 | 1.88 | 2.53 |
| Dividend Payout Ratio (NP) (%) | 61.32 | 57.74 | 50.98 | 47.68 | 15.07 |
| Dividend Payout Ratio (CP) (%) | 40.17 | 41.41 | 37.14 | 35.49 | 10.74 |
| Earning Retention Ratio (%) | 38.68 | 42.26 | 49.02 | 52.32 | 84.93 |
| Cash Earning Retention Ratio (%) | 59.83 | 58.59 | 62.86 | 64.51 | 89.26 |
| Interest Coverage Ratio (X) | 13.80 | 11.86 | 16.66 | 17.75 | 56.79 |
| Interest Coverage Ratio (Post Tax) (X) | 8.15 | 7.65 | 10.89 | 12.00 | 34.85 |
| Enterprise Value (Cr.) | 55947.74 | 34184.90 | 23170.60 | 27122.64 | 16939.86 |
| EV / Net Operating Revenue (X) | 4.64 | 3.72 | 2.89 | 4.22 | 3.63 |
| EV / EBITDA (X) | 30.11 | 22.96 | 17.26 | 23.51 | 20.86 |
| MarketCap / Net Operating Revenue (X) | 4.50 | 3.70 | 2.91 | 4.22 | 3.81 |
| Retention Ratios (%) | 38.67 | 42.25 | 49.01 | 52.31 | 84.92 |
| Price / BV (X) | 8.49 | 9.37 | 7.57 | 9.92 | 7.20 |
| Price / Net Operating Revenue (X) | 4.50 | 3.70 | 2.91 | 4.22 | 3.81 |
| EarningsYield | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 |
After reviewing the key financial ratios for Coforge Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 123.01. This value is within the healthy range. It has decreased from 131.56 (Mar 24) to 123.01, marking a decrease of 8.55.
- For Diluted EPS (Rs.), as of Mar 25, the value is 122.03. This value is within the healthy range. It has decreased from 131.56 (Mar 24) to 122.03, marking a decrease of 9.53.
- For Cash EPS (Rs.), as of Mar 25, the value is 203.84. This value is within the healthy range. It has increased from 186.76 (Mar 24) to 203.84, marking an increase of 17.08.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 953.54. It has increased from 586.83 (Mar 24) to 953.54, marking an increase of 366.71.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 953.54. It has increased from 586.83 (Mar 24) to 953.54, marking an increase of 366.71.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 1,801.30. It has increased from 1,485.28 (Mar 24) to 1,801.30, marking an increase of 316.02.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 277.79. This value is within the healthy range. It has increased from 240.95 (Mar 24) to 277.79, marking an increase of 36.84.
- For PBIT / Share (Rs.), as of Mar 25, the value is 213.87. This value is within the healthy range. It has increased from 189.40 (Mar 24) to 213.87, marking an increase of 24.47.
- For PBT / Share (Rs.), as of Mar 25, the value is 193.74. This value is within the healthy range. It has increased from 169.08 (Mar 24) to 193.74, marking an increase of 24.66.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 139.93. This value is within the healthy range. It has increased from 135.21 (Mar 24) to 139.93, marking an increase of 4.72.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 121.39. This value is within the healthy range. It has decreased from 130.74 (Mar 24) to 121.39, marking a decrease of 9.35.
- For PBDIT Margin (%), as of Mar 25, the value is 15.42. This value is within the healthy range. It has decreased from 16.22 (Mar 24) to 15.42, marking a decrease of 0.80.
- For PBIT Margin (%), as of Mar 25, the value is 11.87. This value is within the healthy range. It has decreased from 12.75 (Mar 24) to 11.87, marking a decrease of 0.88.
- For PBT Margin (%), as of Mar 25, the value is 10.75. This value is within the healthy range. It has decreased from 11.38 (Mar 24) to 10.75, marking a decrease of 0.63.
- For Net Profit Margin (%), as of Mar 25, the value is 7.76. This value is within the healthy range. It has decreased from 9.10 (Mar 24) to 7.76, marking a decrease of 1.34.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 6.73. This value is below the healthy minimum of 8. It has decreased from 8.80 (Mar 24) to 6.73, marking a decrease of 2.07.
- For Return on Networth / Equity (%), as of Mar 25, the value is 12.73. This value is below the healthy minimum of 15. It has decreased from 22.27 (Mar 24) to 12.73, marking a decrease of 9.54.
- For Return on Capital Employeed (%), as of Mar 25, the value is 14.73. This value is within the healthy range. It has decreased from 25.57 (Mar 24) to 14.73, marking a decrease of 10.84.
- For Return On Assets (%), as of Mar 25, the value is 6.50. This value is within the healthy range. It has decreased from 13.22 (Mar 24) to 6.50, marking a decrease of 6.72.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. It has decreased from 0.09 (Mar 24) to 0.00, marking a decrease of 0.09.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.10. This value is within the healthy range. It has decreased from 0.12 (Mar 24) to 0.10, marking a decrease of 0.02.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.30. It has decreased from 1.56 (Mar 24) to 1.30, marking a decrease of 0.26.
- For Current Ratio (X), as of Mar 25, the value is 1.71. This value is within the healthy range. It has increased from 1.70 (Mar 24) to 1.71, marking an increase of 0.01.
- For Quick Ratio (X), as of Mar 25, the value is 1.71. This value is within the healthy range. It has increased from 1.70 (Mar 24) to 1.71, marking an increase of 0.01.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 61.32. This value exceeds the healthy maximum of 50. It has increased from 57.74 (Mar 24) to 61.32, marking an increase of 3.58.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 40.17. This value is within the healthy range. It has decreased from 41.41 (Mar 24) to 40.17, marking a decrease of 1.24.
- For Earning Retention Ratio (%), as of Mar 25, the value is 38.68. This value is below the healthy minimum of 40. It has decreased from 42.26 (Mar 24) to 38.68, marking a decrease of 3.58.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 59.83. This value is within the healthy range. It has increased from 58.59 (Mar 24) to 59.83, marking an increase of 1.24.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 13.80. This value is within the healthy range. It has increased from 11.86 (Mar 24) to 13.80, marking an increase of 1.94.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 8.15. This value is within the healthy range. It has increased from 7.65 (Mar 24) to 8.15, marking an increase of 0.50.
- For Enterprise Value (Cr.), as of Mar 25, the value is 55,947.74. It has increased from 34,184.90 (Mar 24) to 55,947.74, marking an increase of 21,762.84.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 4.64. This value exceeds the healthy maximum of 3. It has increased from 3.72 (Mar 24) to 4.64, marking an increase of 0.92.
- For EV / EBITDA (X), as of Mar 25, the value is 30.11. This value exceeds the healthy maximum of 15. It has increased from 22.96 (Mar 24) to 30.11, marking an increase of 7.15.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 4.50. This value exceeds the healthy maximum of 3. It has increased from 3.70 (Mar 24) to 4.50, marking an increase of 0.80.
- For Retention Ratios (%), as of Mar 25, the value is 38.67. This value is within the healthy range. It has decreased from 42.25 (Mar 24) to 38.67, marking a decrease of 3.58.
- For Price / BV (X), as of Mar 25, the value is 8.49. This value exceeds the healthy maximum of 3. It has decreased from 9.37 (Mar 24) to 8.49, marking a decrease of 0.88.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 4.50. This value exceeds the healthy maximum of 3. It has increased from 3.70 (Mar 24) to 4.50, marking an increase of 0.80.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. It has decreased from 0.02 (Mar 24) to 0.01, marking a decrease of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Coforge Ltd:
- Net Profit Margin: 7.76%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 14.73% (Industry Average ROCE: 14.93%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 12.73% (Industry Average ROE: 20.42%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 8.15
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.71
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 52.8 (Industry average Stock P/E: 91.41)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.1
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 7.76%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| IT Consulting & Software | Plot No. 13, Udyog Vihar, Phase-IV, Sector-18, Gurugram Haryana 122015 | investors@coforge.com https://www.coforge.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Om Prakash Bhatt | Chairman & Ind.Dire (Non-Exe) |
| Mr. Sudhir Singh | Executive Director & CEO |
| Mr. Gautam Samanta | Executive Director |
| Mr. D K Singh | Ind. Non-Executive Director |
| Ms. Mary Beth Boucher | Ind. Non-Executive Director |
| Mr. Anil Chanana | Ind. Non-Executive Director |
FAQ
What is the intrinsic value of Coforge Ltd?
Coforge Ltd's intrinsic value (as of 25 November 2025) is 1404.06 which is 21.91% lower the current market price of 1,798.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 60,173 Cr. market cap, FY2025-2026 high/low of 2,005/1,191, reserves of ₹6,828 Cr, and liabilities of 13,590 Cr.
What is the Market Cap of Coforge Ltd?
The Market Cap of Coforge Ltd is 60,173 Cr..
What is the current Stock Price of Coforge Ltd as on 25 November 2025?
The current stock price of Coforge Ltd as on 25 November 2025 is 1,798.
What is the High / Low of Coforge Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Coforge Ltd stocks is 2,005/1,191.
What is the Stock P/E of Coforge Ltd?
The Stock P/E of Coforge Ltd is 52.8.
What is the Book Value of Coforge Ltd?
The Book Value of Coforge Ltd is 206.
What is the Dividend Yield of Coforge Ltd?
The Dividend Yield of Coforge Ltd is 0.85 %.
What is the ROCE of Coforge Ltd?
The ROCE of Coforge Ltd is 20.3 %.
What is the ROE of Coforge Ltd?
The ROE of Coforge Ltd is 16.0 %.
What is the Face Value of Coforge Ltd?
The Face Value of Coforge Ltd is 2.00.