Coforge Limited

Web: coforge.com NSE: COFORGE BSE: 532541 SECTOR: Information Technology - It - Software

1446 26(-2%)

Volume

10L as on 22, Jul

Open

1,497

High

1,503

Low

1,473

1,471

VWAP

1,479

52 Week High

1,990

52 Week Low

1,008

Viand Research Rating

Quality Score

75/100

Growth Score

84/100

Valuation Score

50/100

Momentum Score

25/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

64,003

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

Promoter Holding

FII Holding

23.32%

DII Holding

44.42%

Price Chart

Price Performance

1 Week4%

1 Month1%

3 Months19%

6 Months13%

1 Year20%

YTD11%

Moving Average

5 Day SMA1,502

10 Day SMA1,509

20 Day SMA1,488

30 Day SMA1,472

50 Day SMA1,440

61 Day SMA1,403

80 Day SMA1,361

200 Day SMA1,519

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	1,561	1,505	1,546	1,555
Resistance 2	1,546	1,501	1,531	1,544
Resistance 1	1,520	1,498	1,521	1,514
Pivot Point	1,506	1,494	1,506	1,503
Support 1	1,479	1,490	1,490	1,474
Support 2	1,465	1,487	1,480	1,462
Support 3	1,439	1,483	1,465	1,433

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	TCS	8,10,669	2241	1%	4%	30%	31%	16	36.5	0.11	49454
2	INFY	4,23,368	1043	2%	1%	37%	33%	15	36.5	0.1	29474
3	HCLTECH	3,37,119	1242	6%	9%	27%	19%	18	36.5	0.07	16652
4	WIPRO	1,72,778	174	0%	3%	28%	33%	15	36.5	0.23	13266
5	TECHM	1,52,203	1553	4%	9%	8%	1%	30	36.5	0.07	4806
6	LTIM	1,37,691	4644	2%	4%	33%	25%	38	36.5	0.1	4983
7	LTM	1,17,539	3963	2%	4%	33%	32%	27	36.5	0.1	4983
8	OFSS	93,489	10737	7%	12%	37%	24%	26	36.5	0	2639
9	PERSISTENT	78,717	4990	0%	5%	19%	9%	0	36.5	0.06	1865
10	COFORGE	64,003	1446	4%	1%	13%	20%	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: 27-Jul-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

OI Chart

Price

Delivery

#	Date	1250 26% 1569	Value (Cr)	Q/T 35	Del 45	Del 412
1	22-Jul	1471	150	24	49	73
2	21-Jul	1494	219	27	47	102
3	20-Jul	1507	182	18	42	77
4	17-Jul	1508	444	30	47	210
5	16-Jul	1531	278	28	48	134
6	15-Jul	1533	455	30	52	236
7	14-Jul	1534	440	39	36	160
8	13-Jul	1541	781	33	43	334
9	10-Jul	1504	414	21	45	186
10	9-Jul	1469	241	26	27	66
11	8-Jul	1446	418	21	50	208
12	7-Jul	1516	522	21	43	223
13	6-Jul	1482	224	19	45	101
14	3-Jul	1464	597	22	49	291
15	2-Jul	1442	829	38	45	371
16	1-Jul	1371	655	31	57	373
17	30-Jun	1466	672	44	58	391
18	29-Jun	1491	953	41	65	618
19	25-Jun	1493	450	22	51	230
20	24-Jun	1498	346	37	33	116
21	23-Jun	1481	392	38	44	172
22	22-Jun	1484	591	36	37	220
23	19-Jun	1463	1195	24	45	539
24	18-Jun	1483	710	53	48	342
25	17-Jun	1466	712	44	29	210
26	16-Jun	1465	589	39	24	144
27	15-Jun	1402	313	36	45	140
28	12-Jun	1367	343	33	43	147
29	11-Jun	1394	228	25	27	61
30	10-Jun	1403	168	25	34	57
31	9-Jun	1412	261	27	45	118
32	8-Jun	1421	306	30	46	142
33	5-Jun	1436	365	37	32	115
34	4-Jun	1436	301	27	27	80
35	3-Jun	1421	700	32	44	308
36	2-Jun	1520	1620	24	47	767
37	1-Jun	1461	868	32	45	393
38	29-May	1422	506	36	41	206
39	27-May	1388	239	32	51	121
40	26-May	1423	252	41	50	125
41	25-May	1398	191	28	31	60
42	22-May	1387	346	28	36	123
43	21-May	1377	316	35	47	148
44	20-May	1402	694	45	46	316
45	19-May	1412	1155	42	31	360
46	18-May	1348	583	38	35	203
47	15-May	1282	433	48	50	218
48	14-May	1275	381	31	39	150

Daily Market Cap

Date	Total Market Cap	Change	Chg %
23-Jul	64,003c	1,111c	1.71
22-Jul	65,114c	1,018c	1.54
21-Jul	66,132c	708c	1.06
17-Jul	66,840c	1,107c	1.63
16-Jul	67,947c	359c	0.52
15-Jul	68,305c	364c	0.53
14-Jul	68,670c	421c	0.62
13-Jul	68,249c	3,377c	5.21
10-Jul	64,872c	1,587c	2.51
09-Jul	63,286c	1,200c	1.93
08-Jul	62,086c	3,263c	4.99
07-Jul	65,349c	1,587c	2.49
06-Jul	63,763c	1,978c	3.20
02-Jul	61,785c	1,419c	2.24
30-Jun	63,204c	1,677c	2.58
29-Jun	64,881c	714c	1.11
26-Jun	64,167c	353c	0.55
25-Jun	64,520c	155c	0.24
24-Jun	64,365c	688c	1.08
23-Jun	63,677c	194c	0.30
22-Jun	63,870c	752c	1.19
19-Jun	63,118c	0	0
17-Jun	63,118c	47c	0.07
16-Jun	63,071c	2,709c	4.49
15-Jun	60,362c	1,458c	2.47
12-Jun	58,904c	946c	1.58
11-Jun	59,850c	645c	1.07
10-Jun	60,495c	0	0

Stock Checklist

Price is below from 52 week high low average: 11%

Stock is trading above all short term SMAs: NO

Stock is trading above all long term SMAs: NO

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: NO

Promoters are buying the stock: NO

Mutual Fund Holdings

Held by 561 fund scheme(s) across 44 fund house(s) as of Jul26 · Total value ₹32,866 Cr · 113 increasing / 42 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
Motilal Oswal Mutual Fund	28	5.31%	-	6151.3
HDFC Mutual Fund	24	2.24%	+0.29%	5613.9
ICICI Prudential Mutual Fund	30	3.03%	+0.76%	3101.6
DSP Mutual Fund	32	2.31%	-	3018.3
UTI Mutual Fund	26	2.17%	-	2092.2
Invesco Mutual Fund	25	2.01%	+0.35%	1618.4
Aditya Birla Sun Life Mutual Fund	28	3.43%	-	1612.9
Axis Mutual Fund	36	1.29%	-	1427.9
Sundaram Mutual Fund	22	2.34%	+0.06%	1401.1
WhiteOak Capital Mutual Fund	30	115.76%	+0.90%	1097.4
Nippon India Mutual Fund	24	4.16%	-	870.7
Edelweiss Mutual Fund	20	1.65%	-	825.4
Franklin Templeton Mutual Fund	10	1.62%	+0.10%	679.4
SBI Mutual Fund	14	11.83%	-	566
Mahindra Manulife Mutual Fund	10	3.68%	+1.47%	454.8
Canara Robeco Mutual Fund	8	0.45%	-	427.4
Bandhan Mutual Fund	22	4.22%	-	350.1
HSBC Mutual Fund	14	0.84%	-	292.6
360 ONE Mutual Fund	10	1.86%	-	276.5
Tata Mutual Fund	10	3.09%	-	267.7
JM Financial Mutual Fund	16	4.58%	+0.62%	229.6
Trust Mutual Fund	8	3.38%	+0.77%	122.9
Kotak Mahindra Mutual Fund	12	2.73%	+0.90%	113.1
Mirae Asset Mutual Fund	10	0.33%	-	47.6
LIC Mutual Fund	4	2.06%	-	40.1
Groww Mutual Fund	12	1.52%	-	29.2
PGIM India Mutual Fund	2	0.13%	-	27.9
ITI Mutual Fund	2	0.89%	-0.53%	25.7
Unifi Mutual Fund	2	1.03%	-	24.2
Union Mutual Fund	4	0.32%	-	21.8
Taurus Mutual Fund	4	1.74%	+0.35%	18.3
Bank of India Mutual Fund	18	0.24%	-	12.8
Bajaj Finserv Mutual Fund	4	0.26%	+0.32%	12.8
Navi Mutual Fund	8	21.78%	-	10
Zerodha Mutual Fund	4	0.45%	-0.03%	8.8
Jio BlackRock Mutual Fund	3	0.43%	-	6.6
Baroda BNP Paribas Mutual Fund	4	0.62%	-	5.4
The Wealth Company Mutual Fund	4	5.42%	-	4.1
Quantum Mutual Fund	2	1.26%	+0.15%	2.8
Shriram Mutual Fund	6	0.70%	-	2.5
Capitalmind Mutual Fund	2	1.14%	-	0.3
Angel One Mutual Fund	2	0.21%	-	0.2
ICICI Prudential Asset Management Company Limited	1	0.00%	-	0
PPFAS Mutual Fund	4	0.43%	-	-46

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Events

Date	Purpose
27-Jul-26	Q1 2027