Coforge Limited

Web: coforge.com NSE: COFORGE BSE: 532541 SECTOR: Information Technology - It - Software | Add Note | View Notes

1909 42(-2%)

Near 52W High of 2021

Volume

21L as on 16, Oct

Open

1,842

High

1,878

Low

1,821

1,951

VWAP

1,935

52 Week High

2,021

52 Week Low

1,008

Viand Research Rating

Quality Score

75/100

Growth Score

84/100

Valuation Score

50/100

Momentum Score

70/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

84,559

No. of Shares

P/E

56.87

P/B

10.31

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

18.14

ROCE

Profit Growth

Listing Date

30-Aug-04

Rank/Sector Rank

#139/#10

Promoter Holding

FII Holding

23.32%

DII Holding

44.42%

Price Chart

Price Performance

1 Week4%

1 Month10%

3 Months28%

6 Months49%

1 Year12%

YTD18%

Moving Average

5 Day SMA1,918

10 Day SMA1,880

20 Day SMA1,834

30 Day SMA1,846

50 Day SMA1,853

61 Day SMA1,815

80 Day SMA1,738

200 Day SMA1,527

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	2,007	1,947	1,988	2,010
Resistance 2	1,988	1,943	1,971	1,990
Resistance 1	1,961	1,938	1,960	1,965
Pivot Point	1,943	1,934	1,943	1,945
Support 1	1,916	1,930	1,926	1,919
Support 2	1,898	1,926	1,915	1,899
Support 3	1,871	1,922	1,898	1,874

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	TCS	9,07,018	2507	14%	13%	4%	17%	16	36.5	0.1	49096
2	INFY	4,68,061	1153	13%	10%	12%	21%	15	36.5	0.1	29474
3	HCLTECH	3,85,802	1422	13%	10%	5%	8%	18	36.5	0.06	7627
4	WIPRO	1,88,609	190	13%	10%	12%	24%	15	36.5	0.17	12130
5	TECHM	1,79,289	1829	18%	15%	20%	24%	30	36.5	0.07	3859
6	LTIM	1,37,691	4644	8%	4%	7%	22%	38	36.5	0.1	4983
7	LTM	1,26,776	4274	8%	4%	7%	25%	27	36.5	0.09	4934
8	PERSISTENT	90,786	5740	1%	6%	4%	2%	0	36.5	0.07	1635
9	OFSS	85,735	9843	1%	10%	34%	21%	26	36.5	0	2639
10	COFORGE	84,559	1909	4%	10%	49%	12%	0	36.5	0.08	1745
Load More

Shareholding Pattern (%)

	Apr 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Promoters	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(-26.61) 0.00%	(-3.51) 26.63%	(-9.81) 30.16%	(-0.11) 39.99%	(0.01) 40.06%	(0.01) 40.09%	(-9.91) 40.09%	(-0.21) 49.97%	(0.01) 50.18%
FIIs	(-7.31) 23.32%	(-3.91) 30.66%	(0.41) 34.53%	(-3.31) 34.09%	(-2.81) 37.42%	(-2.31) 40.21%	(0.51) 42.55%	(0.71) 42.09%	(6.41) 41.43%	(1.01) 35.00%	(-0.31) 34.04%	(9.61) 34.37%	(-0.61) 24.78%	(4.11) 25.40%	(0.31) 21.30%	(-0.91) 21.02%	(-0.51) 21.87%	(3.31) 22.40%	(-1.61) 19.12%	(0.01) 20.67%
DIIs	(-11.81) 44.42%	(2.51) 56.18%	(-1.21) 53.67%	(2.61) 54.87%	(2.41) 52.32%	(2.11) 49.93%	(-0.31) 47.86%	(0.91) 48.15%	(-7.01) 47.29%	(-0.71) 54.29%	(0.71) 55.02%	(17.11) 54.28%	(5.01) 37.20%	(5.51) 32.20%	(0.31) 26.73%	(0.61) 26.45%	(0.21) 25.88%	(5.41) 25.68%	(1.71) 20.29%	(0.01) 18.64%
Public	32.26%	13.16%	11.80%	11.03%	10.25%	9.86%	9.58%	9.75%	11.28%	10.69%	10.95%	11.35%	11.39%	12.23%	11.97%	12.47%	12.16%	11.83%	10.62%	10.50%
No. of Shareholders	300,293	293,510	243,366	223,492	185,865	144,175	137,170	137,768	163,357	126,739	117,844	123,330	133,646	146,685	153,393	163,779	150,308	142,049	104,250	94,561

Quarterly Results

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021	Jun 2021
Sales	4450	4232	3986	3689	3422	3258	3026	2357	2318	2323	2276	2221	2170	2056	1959	1829	1743	1658	1569	1462
Sales Growth % (YoY)	30%	29.9%	31.7%	56.5%	47.6%	40.2%	32.9%	6.1%	6.8%	13%	16.2%	21.4%	24.5%	24%	24.8%	25%	38.2%	39.3%	36%	38.3%
Sales Growth % (QoQ)	5.2%	6.2%	8.1%	7.8%	5%	7.7%	28.4%	1.7%	-0.2%	2.1%	2.5%	2.4%	5.5%	5%	7.1%	4.9%	5.1%	5.7%	7.3%	-
Expenses	3574	3508	3253	3112	2895	2823	2603	2048	1929	1928	1935	1915	1874	1696	1622	1541	1430	1355	1295	1250
Operating Profit	876	723	732	577	527	435	423	309	390	395	341	306	296	360	337	289	312	303	275	211
OPM %	20	17	18	16	15	13	14	13	17	17	15	14	14	17	17	16	18	18	18	14
Other Income	-32	-127	38	64	33	56	42	6	14	15	9	16	-50	32	14	14	23	5	8	16
Interest	40	42	41	46	40	32	30	32	37	35	32	22	20	22	21	18	18	18	16	12
Depreciation	180	171	172	159	125	116	114	72	79	81	77	76	72	62	61	63	58	57	60	52
Profit before tax	625	384	558	436	395	343	320	211	288	294	241	224	155	307	268	221	259	233	206	163
Tax %	-7	23	24	18	22	25	27	34	20	18	22	22	25	23	18	22	13	15	22	20
Net Profit	666	297	425	356	307	256	234	139	229	243	188	176	117	236	221	172	225	197	162	131
Net Profit Growth % (QoQ)	124.2%	-30.1%	19.4%	16%	19.9%	9.4%	68.3%	-39.3%	-5.8%	29.3%	6.8%	50.4%	-50.4%	6.8%	28.5%	-23.6%	14.2%	21.6%	23.7%	-
Net Profit Growth % (YoY)	116.9%	16%	81.6%	156.1%	34.1%	5.3%	24.5%	-21%	95.7%	3%	-14.9%	2.3%	-48%	19.8%	36.4%	31.3%	-	-	-	-
TTM Net Profit	1744	1385	1344	1153	936	858	845	799	836	724	717	750	746	854	815	756	715	490	293	0
EPS in Rs	18.23	7.47	11.23	9.49	7.81	6.45	6.06	3.99	7.24	7.71	5.88	5.41	3.76	7.47	6.6	4.91	6.82	30.17	24.2	20.4

Upcoming result date: 23-Oct-2026

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Sales	16403	12051	9009	8015	6432	4663	4184	3676	2991	2802	2688	2372	2305	2021
Sales Growth %	36.1%	33.8%	12.4%	24.6%	37.9%	11.4%	13.8%	22.9%	6.8%	4.2%	13.3%	2.9%	14%	28.2%
Expenses	13467	10357	7562	6733	5330	3882	3459	3026	2489	2322	2214	2036	1950	1688
Operating Profit	2936	1694	1447	1282	1102	781	725	650	502	480	474	337	355	333
OPM %	18	14	16	16	17	17	17	18	17	17	18	14	15	16
Other Income	-83	137	32	8	52	13	59	46	38	4	20	-64	30	23
Interest	169	135	126	81	65	14	16	9	9	6	8	6	4	5
Depreciation	682	428	297	258	227	184	173	125	127	128	121	92	62	57
Profit before tax	2003	1269	1056	951	862	596	595	562	404	351	365	176	318	293
Tax %	13	26	21	22	17	22	21	25	24	22	21	31	25	26
Net Profit	1745	936	836	745	715	466	468	422	309	272	287	122	238	218
Net Profit Growth %	86.4%	12%	12.2%	4.2%	53.4%	-0.4%	10.9%	36.6%	13.6%	-5.2%	135.2%	-48.7%	9.2%	-
EPS in Rs	46.33	24.29	26.14	22.72	21.73	15.04	14.21	13.06	9.12	8.15	8.83	3.74	7.6	35.4
Dividend Payout %	9	63	58	56	48	17	44	0	33	31	23	51	24	24

Cash Flows

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Cash from Operating Activity	1792	1237	903	950	766	762	297	453	382	472	360	258	145	235
Cash from Investing Activity	-435	-2438	-265	-269	-963	-86	136	-237	-248	-343	-223	-184	-78	-107
Cash from Financing Activity	-1094	1675	-887	-558	-156	-696	-133	-106	-74	-67	-73	-66	-53	-91
Net Cash Flow	263	474	-249	123	-353	-20	300	109	60	62	64	7	14	37

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Equity Capital	67	67	67	67	62	61	61	61	62	62	62	61	61	61	61	60
Reserves	9470	6828	6312	5912	3565	3021	2672	2406	2334	2010	1712	1625	1511	1296	1263	1034
Borrowings	728	972	1070	1064	726	562	490	83	35	14	22	25	10	9	9	10
Other Liabilities	4616	5724	4823	5084	1708	1980	1655	935	968	748	828	695	702	611	468	435
Total Liabilities	14881	13590	12272	12127	6061	5625	4878	3484	3400	2834	2624	2407	2285	1977	1801	1539
Fixed Assets	6760	7091	6096	5919	2353	2312	2067	1021	1079	819	879	848	903	558	453	438
CWIP	3	17	2	19	23	5	17	0	0	1	1	0	17	120	129	28
Investments	0	41	146	235	0	0	0	12	14	365	365	316	75	55	55	82
Other Assets	8119	6441	6028	5953	3685	3309	2794	2451	2307	1649	1379	1244	1291	1243	1164	991
Total Assets	14881	13590	12272	12127	6061	5625	4878	3484	3400	2834	2624	2407	2285	1977	1801	1539

Delivery

Delivery Data: COFORGE

#	Date	1717 18% 2021	Value (Cr)	Q/T 26	Del 48	Del 488
1	22-Oct	1909	684	32	54	367
2	21-Oct	1951	399	24	47	188
3	19-Oct	1925	253	25	42	106
4	16-Oct	1952	400	32	43	170
5	15-Oct	1934	507	33	51	258
6	14-Oct	1928	530	30	53	279
7	13-Oct	1929	729	29	35	253
8	12-Oct	1847	233	21	46	107
9	9-Oct	1868	429	29	36	154
10	8-Oct	1814	341	20	39	133
11	7-Oct	1822	187	22	47	88
12	6-Oct	1850	353	31	52	183
13	5-Oct	1852	683	32	46	317
14	1-Oct	1826	616	34	41	254
15	30-Sep	1749	556	31	32	181
16	29-Sep	1722	344	28	48	164
17	28-Sep	1773	196	22	48	94
18	25-Sep	1784	143	14	43	61
19	24-Sep	1786	201	21	41	83
20	23-Sep	1782	264	21	57	150
21	22-Sep	1803	220	26	52	115
22	21-Sep	1814	349	38	52	182
23	18-Sep	1841	445	30	59	261
24	17-Sep	1793	232	23	43	100
25	16-Sep	1767	628	27	54	337
26	15-Sep	1776	830	26	50	411
27	11-Sep	1846	495	34	53	261
28	10-Sep	1833	496	32	39	192
29	9-Sep	1845	1996	30	46	915
30	8-Sep	1950	308	23	54	166
31	7-Sep	1935	230	20	57	131
32	4-Sep	1973	219	25	49	108
33	3-Sep	1972	371	27	57	210
34	2-Sep	1966	327	16	60	197
35	1-Sep	1989	407	32	55	222
36	31-Aug	1985	430	23	49	212
37	28-Aug	2015	1093	32	35	381
38	27-Aug	1902	334	31	59	199
39	26-Aug	1880	309	32	47	145
40	25-Aug	1893	243	33	44	106
41	24-Aug	1873	284	28	64	180
42	21-Aug	1892	373	25	53	196
43	20-Aug	1882	749	37	50	371
44	19-Aug	1813	469	37	33	155
45	18-Aug	1773	279	28	52	146
46	17-Aug	1806	191	28	58	111
47	14-Aug	1812	287	30	55	158

Daily Market Cap

Date	Total Market Cap	Change	Chg %
22-Oct	84,559c	1,869c	2.16
21-Oct	86,429c	1,152c	1.35
19-Oct	85,277c	1,192c	1.38
17-Oct	86,469c	0	0
16-Oct	86,469c	780c	0.91
15-Oct	85,689c	390c	0.46
14-Oct	85,299c	155c	0.18
13-Oct	85,454c	3,650c	4.46
12-Oct	81,804c	120c	0.15
09-Oct	81,684c	1,322c	1.65
08-Oct	80,362c	1,271c	1.56
06-Oct	81,633c	1,838c	2.20
05-Oct	83,471c	3,282c	4.09
01-Oct	80,189c	1,156c	1.46
29-Sep	79,033c	501c	0.64
28-Sep	78,533c	328c	0.42
25-Sep	78,860c	242c	0.31
24-Sep	79,103c	749c	0.94
22-Sep	79,851c	1,267c	1.61
17-Sep	78,584c	2,449c	3.02
10-Sep	81,034c	0	0

Stock Checklist

Price is above from 52 week high low average: 89%

Stock is trading above all short term SMAs: YES

Stock is trading above all long term SMAs: YES

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: NO

Promoters are buying the stock: NO

Mutual Fund Holdings

Held by 600 fund scheme(s) across 45 fund house(s) as of Oct26 · Total value ₹46,009 Cr · 129 increasing / 451 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
SBI Mutual Fund	36	1.74%	-0.29%	6848
HDFC Mutual Fund	22	1.95%	-0.16%	6703.6
Motilal Oswal Mutual Fund	30	4.40%	-0.36%	6593
DSP Mutual Fund	26	2.32%	-0.33%	3586.2
UTI Mutual Fund	30	2.31%	-0.22%	2982.1
Axis Mutual Fund	38	1.00%	-0.01%	2328.2
Invesco Mutual Fund	20	1.77%	-0.38%	2304.1
ICICI Prudential Mutual Fund	22	0.80%	-0.02%	2259
Aditya Birla Sun Life Mutual Fund	28	1.51%	-0.13%	2039.2
Sundaram Mutual Fund	22	1.85%	-0.28%	1688.7
Edelweiss Mutual Fund	30	1.25%	-0.09%	1542
WhiteOak Capital Mutual Fund	30	1.66%	+0.19%	1317.8
Nippon India Mutual Fund	24	0.98%	-0.17%	1284.1
HSBC Mutual Fund	14	1.77%	+0.26%	1268.6
Franklin Templeton Mutual Fund	8	1.83%	+0.12%	859.6
Helios Mutual Fund	8	2.66%	+0.32%	682.7
Mahindra Manulife Mutual Fund	16	1.64%	-	637.1
360 ONE Mutual Fund	8	2.28%	+0.74%	475.1
Bandhan Mutual Fund	16	0.96%	+0.10%	335.3
Tata Mutual Fund	10	0.52%	-0.69%	287.3
Union Mutual Fund	18	1.20%	-0.43%	208.2
Canara Robeco Mutual Fund	2	1.87%	-0.80%	186.5
ICICI Prudential Asset Management Company Limited	1	0.65%	+0.19%	132.8
Bajaj Finserv Mutual Fund	8	1.03%	+0.41%	108.9
LIC Mutual Fund	20	1.08%	-0.25%	108.5
Trust Mutual Fund	6	0.85%	-0.87%	93.5
Baroda BNP Paribas Mutual Fund	4	1.02%	+1.00%	51
PPFAS Mutual Fund	4	0.54%	-0.06%	39.2
Mirae Asset Mutual Fund	8	0.41%	-0.09%	37.4
ITI Mutual Fund	4	0.53%	-0.08%	31.3
Taurus Mutual Fund	4	2.01%	-0.35%	22.6
Groww Mutual Fund	16	0.29%	-0.47%	21.3
Navi Mutual Fund	8	1.66%	-0.18%	14.6
Zerodha Mutual Fund	4	0.75%	-0.07%	14.1
Bank of India Mutual Fund	4	0.63%	-1.76%	11.9
The Wealth Company Mutual Fund	6	1.47%	-0.06%	10.5
Jio BlackRock Mutual Fund	5	0.19%	-0.05%	7.5
Shriram Mutual Fund	6	0.97%	-0.07%	4.2
NJ Mutual Fund	2	1.28%	+0.85%	4
Quantum Mutual Fund	2	1.33%	-0.17%	3.4
Capitalmind Mutual Fund	2	7.81%	-0.04%	2.5
Angel One Mutual Fund	2	0.31%	+0.01%	0.4
JM Financial Mutual Fund	14	0.00%	-2.70%	0
PGIM India Mutual Fund	2	0.00%	-0.18%	0
Kotak Mahindra Mutual Fund	10	-0.69%	-0.29%	-1127.1

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Events

Date	Purpose
23-Oct-26	Q2 FY 26-27