Coforge Share Price Today: Live Quote and Key Metrics at a Glance


    By Dalal Street Investment Journal (DSIJ)

    Summary :


    Coforge’s FY26 consolidated sales reached approximately ₹16,403 crore. Q2 FY27 revenue was ₹6,170.8 crore, while the next-12-month executable order book climbed to $2.38 billion. A review of earnings quality, ownership, order intake and illustrative share-price outcomes.

    Coforge Ltd Share Price: Analysis & Outlook

    Coforge Share Price Today: Live Quote and Key Metrics at a Glance

    Coforge Ltd is an IT services company focused on digital engineering, cloud, data, AI and business transformation.

    Key Metrics

    Coforge LtdValue
    NSE closing price (14 Oct 2026)₹1,928.00
    Market capitalisation (14 Oct)₹85,406 crore
    52-week high₹2,021.20
    52-week low₹1,008.10
    P/E44.6x
    P/B6.79x
    FY26 consolidated sales₹16,403 crore
    FY26 consolidated net profit (Screener)₹1,745 crore
    Dividend yield (Screener snapshot)0.62%

    (Sources: Dhan, 14 October close; Screener consolidated)

    About Coforge Ltd: Business Model, Revenue Mix and Market Position

    Coforge earns revenue from application development, product engineering, cloud infrastructure, data integration, automation and managed IT services. Its clients include banks, insurers, airlines and travel companies. With the integration of Encora, the group has expanded its engineering and AI capabilities; acquisition-led growth is distinct from organic contract wins.

    FY26 Revenue by Client Vertical

    Client VerticalShare
    Banking and financial services26.5%
    Travel, transport and hospitality23.0%
    Insurance15.0%
    Healthcare and hi-tech10.8%
    Government overseas and others24.7%

    (Source: Coforge Q4 FY26 investor presentation, FY26 business mix; categories total 100%)

    India’s IT and BPM industry was estimated at about US$315 billion in FY26, according to IBEF. Global discretionary technology spending and competition influence individual companies’ growth.

    Coforge Financial Performance: Revenue, PAT and Margins (FY24 to FY26)

    FinancialsFY24FY25FY26
    Revenue (₹ crore)9,00912,07316,403
    Revenue growth (INR)Not applicable34.0%35.9%
    Operating profit (₹ crore)1,4471,6942,936
    Operating margin16.1%14.0%17.9%
    Net profit (₹ crore)8369361,745

    (Source: Screener, Company Annual Reports)

    In its FY26 results release, Coforge separately reported adjusted EBITDA of about ₹3,046 crore and PAT of about ₹1,556 crore. Management also flagged a deferred-tax-liability reversal relating to the Cigniti merger. These figures use different reporting measures, so substituting its reported PAT for Screener’s net-profit series would create an inconsistent table.

    Coforge reported a strong performance for Q2 FY27, with consolidated revenue from operations rising 53.6% year-on-year to ₹6,170.8 crore. Net profit surged 56.5% year-on-year to ₹588.1 crore (or up 42.2% to ₹604.9 crore depending on accounting measures). EBITDA grew 67.3% to ₹1,269.7 crore, with margins expanding by 168 basis points to 20.6%. The company signed a record eight large deals during the quarter, driving its 12-month executable order book up 45% YoY to $2.38 billion, while raising its EBIT margin guidance.

    Key Ratios: P/E, P/B, ROE, ROCE and Debt to Equity vs Sector Average

    At the 14 October close, Coforge traded at a P/E of 44.6x, compared with 13.9x for Infosys. Total borrowings rose from ₹399.7 crore in March 2026 to ₹5,380.3 crore in June 2026 following the Encora acquisition.

    Key Ratio (FY26 / 14 Oct Snapshot)Coforge Ltd
    P/E44.6x
    P/B6.79x
    ROE21.4%
    ROCE23.5%
    Dividend yield (Screener)0.62%

    (Sources: Screener Consolidated)

    A single IT sector average does not represent both digital engineering specialists and large outsourcing firms, which have different growth and margin profiles. On selected Screener snapshots, Persistent Systems trades at around 46.7x earnings, against approximately 13.9x for Infosys. Acquisition accounting and cash conversion are also relevant to comparisons.

    Coforge Technical Analysis: Support, Resistance and Moving Averages

    At the 14 October close of ₹1,928, Coforge was above its 10-day, 30-day and 100-day moving averages. A resistance level has been noted at ₹1,993.

    Near-term support levels have been noted at ₹1,802 and ₹1,720. The stock is currently trading near its all-time high of ₹1,995. On a weekly basis, the stock is trading above its 10 week, 30 week and 100 week moving averages.

    Coforge Ltd Share Price: Analysis & Outlook

    Shareholding Pattern: Promoter, FII and DII Trend over 4 Quarters

    Coforge does not report a conventional promoter holding in the following shareholding series. Institutional percentages changed during the period, particularly around the Encora-related capital structure changes; movements are not necessarily market purchases or sales.

    Holder CategorySep 2025Dec 2025Mar 2026Jun 2026
    Promoter0.00%0.00%0.00%0.00%
    FIIs34.09%34.53%30.65%24.31%
    DIIs54.87%53.67%56.19%42.62%
    Other public/others11.04%11.80%13.16%33.07%

    (Sources: Screener)

    By June 2026, FIIs held 24.31% and DIIs, including mutual funds, 42.62%. The June 2026 public holding of 33.07% may include acquisition-related overseas corporate holders; the headline FII decline alone does not describe the change in ownership.

    Peer Comparison within the IT Sector

    Persistent Systems is a digital engineering comparison, while Infosys is a larger IT outsourcer. The figures are selected from comparable data provider snapshots, not a weighted sector average.

    CompanyBusiness FocusP/EROCE
    CoforgeIT engineering / vertical solutions44.6x23.5%
    Persistent SystemsDigital engineering / AI46.7x34.4%
    InfosysBroad IT services13.9x40%

    (Source: Screener)

    Coforge’s P/E of 44.6x compares with 46.7x for Persistent Systems and 13.9x for Infosys. Organic revenue growth, customer concentration, margins and the share of earnings converted into operating cash are additional comparison points.

    Key Risk Factors

    Client Budgets and Vertical Exposure

    Banks, insurers and travel businesses can defer discretionary technology projects. FY26 BFS, insurance and travel together accounted for 64.5% of Coforge revenue, which is linked to sensitivity to these sectors.

    Acquisition Execution and Earnings Quality

    Encora adds capabilities and scale, but integration costs, equity issuance, amortisation and deferred tax adjustments complicate per share comparisons. Organic growth and consolidated growth are separate measures.

    Currency, Staffing and Valuation

    Most revenue comes from overseas markets. Currency movements, wage inflation, attrition, large deal ramp up delays and changes in interest rates can affect margins or the P/E multiple.

    Coforge Stock Outlook

    Coforge reported an executable order book of $2.23 billion in June 2026 and FY26 consolidated sales of ₹16,403 crore. Its P/E is 44.6x. Conversion of acquired capabilities into recurring free cash flow and profitable organic growth are factors linked to future results.

    The next quarterly results are scheduled for 23 October 2026. 12-month executable book conversion, EBIT and EBITDA margins, post-acquisition share count and valuation against sustainable EPS are data points that we may track.

    Coforge Order Intake and 12-Month Executable Revenue

    A signed order book is not the same as revenue already earned or cash received. Coforge reported FY26 order intake of $2.262 billion and a 12-month executable book of $1.752 billion at March 2026.

    Order MetricReported Amount
    12-month executable book, Mar 2026$1.752 billion
    12-month executable book, Jun 2026$2.23 billion

    (Sources: Coforge FY26 investor factsheet)

    Coforge delivered robust Q2 FY27 performance, highlighted by a record fresh order intake of $1.04 billion, representing a significant 50.6% sequential increase. The company secured eight large deals during the quarter—its highest-ever count—driving its 12-month executable order book to a robust $2.38 billion, up 45.4% year-on-year. This strong deal momentum reflects continued broad-based demand and healthy conversion across its key international geographies and vertical markets.

    BFSI, Insurance and Travel Vertical Concentration

    The mix creates concentration across banking, insurance and travel. In FY26, banking and financial services contributed 26.5% of revenue, insurance 15.0%, and travel, transportation and hospitality 23.0%. Together they represented nearly two-thirds of revenue.

    Travel related bookings and reservation technology may depend on airline and travel spending plans, while banks and insurers respond to regulation, cost pressure and modernisation cycles. Long-running client relationships and complex systems drive repeat business. The company reported a 95.5% repeat business ratio in FY26.

    Coforge Share Split and Shareholder Returns

    Coforge completed a 1 for 5 stock split with an ex date of 4 June 2025: each old equity share of ₹10 face value became five shares of ₹2 face value. The split increases the share count and lowers the price per share proportionately but does not create shareholder wealth on its own. Comparisons with prices before June 2025 must be split and adjusted.

    The company continued quarterly dividend distributions, including ₹4 per share with a record date of 3 August 2026. Dividends provide cash income but reduce cash retained by the business; total shareholder returns include reinvested dividends, dilution and changes in the share price.

     Source: Dalal Street Investment Journal (DSIJ), Opstra, BSE

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    About the Author

    SEBI Registered Research Analyst (INH000006396).


    Founded in 1986, Dalal Street Investment Journal (DSIJ) brings decades of experience in India’s equity markets. DSIJ's research combines fundamental analysis with price action, guided by disciplined risk management and capital preservation. They follow a structured, data-driven approach designed to help investors and traders make informed decisions beyond short-term market noise. 

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    Published Date : 06 Nov 2026

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