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532541

COFORGE

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COFORGE LIMITED performance

Today’s low

Today’s high

₹ 7279.50 ₹ 7510.00
₹ 7305.00

52 week low

52 week high

₹ 4287.25 ₹ 10026.80
₹ 7305.00

Open Price

₹ 7476.00

Prev. Close

₹ 7485.00

Volume (Shares)

404233.00

Total traded value

₹ 29529.22

Upper Circuit

₹ 8233.50

Lower Circuit

₹ 6736.50

info

COFORGE LIMITED Share Price Update

As of the latest trading session, COFORGE LIMITED share price is currently at ₹ 7305, which is down by ₹ -180.00 from its previous closing. Today, the stock has fluctuated between ₹ 7279.50 and ₹ 7510.00. Over the past year, COFORGE LIMITED has achieved a return of 44.38 %. In the last month alone, the return has been -3.80 %. Read More...

COFORGE LIMITED fundamentals


  • Market cap (Cr)

    45,160.23

  • P/E Ratio (TTM)

    70.42

  • Beta

    0.94

  • Book Value / share

    836.73

  • Return on equity

    33.46%

  • EPS (TTM)

    106.27

  • Dividend yield

    0.94%

  • Net profit/quarter (Cr)

    105.90

info icon alternate text
  • Market cap (Cr)

    45,113.87

  • P/E Ratio (TTM)

    70.42

  • Beta

    0.98

  • Book Value / share

    836.73

  • Return on equity

    33.46%

  • EPS (TTM)

    106.27

  • Dividend yield

    0.94%

  • Net profit/quarter (Cr)

    105.90

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COFORGE LIMITED Financials

  • Key Results

  • Key Ratios

  • Balance sheet

  • Cash Flow

  • Competition

info-icon

Revenue

Net income

Particulars DEC 2024 (Values in Cr)
Revenue 1432.70
Operating Expense 1399.19
Net Profit 105.90
Net Profit Margin (%) 7.39
Earnings Per Share (EPS) 15.85
EBITDA 196.10
Effective Tax Rate (%) 25.89
Particulars SEP 2024 (Values in Cr)
Revenue 1325.80
Operating Expense 1261.60
Net Profit 229.50
Net Profit Margin (%) 17.31
Earnings Per Share (EPS) 34.41
EBITDA 306.09
Effective Tax Rate (%) 12.67
Particulars JUN 2024 (Values in Cr)
Revenue 1209.50
Operating Expense 1184.10
Net Profit 81.20
Net Profit Margin (%) 6.71
Earnings Per Share (EPS) 12.76
EBITDA 163.50
Effective Tax Rate (%) 29.39
Particulars MAR 2024 (Values in Cr)
Revenue 1224.80
Operating Expense 1122.10
Net Profit 294.10
Net Profit Margin (%) 24.01
Earnings Per Share (EPS) 47.60
EBITDA 377.00
Effective Tax Rate (%) 8.40
Particulars DEC 2023 (Values in Cr)
Revenue 1264.60
Operating Expense 1143.30
Net Profit 410.00
Net Profit Margin (%) 32.42
Earnings Per Share (EPS) 66.55
EBITDA 480.50
Effective Tax Rate (%) 4.47
Particulars MAR 2024 (Values in Cr)
Revenue 4848.90
Operating Expense 4539.90
Net Profit 991.80
Net Profit Margin (%) 20.45
Earnings Per Share (EPS) 161.49
EBITDA 1269.39
Effective Tax Rate (%) 7.20
Particulars MAR 2023 (Values in Cr)
Revenue 4230.50
Operating Expense 3943.60
Net Profit 732.50
Net Profit Margin (%) 17.31
Earnings Per Share (EPS) 120.12
EBITDA 990.00
Effective Tax Rate (%) 10.94
Particulars MAR 2022 (Values in Cr)
Revenue 3313.20
Operating Expense 3022.20
Net Profit 644.50
Net Profit Margin (%) 19.45
Earnings Per Share (EPS) 106.19
EBITDA 827.09
Effective Tax Rate (%) 6.79
Particulars MAR 2021 (Values in Cr)
Revenue 2412.40
Operating Expense 2234.60
Net Profit 239.90
Net Profit Margin (%) 9.94
Earnings Per Share (EPS) 39.32
EBITDA 385.40
Effective Tax Rate (%) 15.34
Particulars MAR 2020 (Values in Cr)
Revenue 2231.00
Operating Expense 2028.30
Net Profit 422.50
Net Profit Margin (%) 18.93
Earnings Per Share (EPS) 67.93
EBITDA 585.30
Effective Tax Rate (%) 13.29
Particulars MAR 2024 (Values in Cr)
Book Value / Share 586.83
ROE % 24.91
ROCE % 27.78
Total Debt to Total Equity 0.19
EBITDA Margin 16.22
Particulars MAR 2023 (Values in Cr)
Book Value / Share 504.50
ROE % 25.62
ROCE % 27.50
Total Debt to Total Equity 0.18
EBITDA Margin 16.10
Particulars MAR 2022 (Values in Cr)
Book Value / Share 448.78
ROE % 27.49
ROCE % 29.28
Total Debt to Total Equity 0.11
EBITDA Margin 17.94
Particulars MAR 2021 (Values in Cr)
Book Value / Share 406.95
ROE % 19.17
ROCE % 23.02
Total Debt to Total Equity 0.02
EBITDA Margin 17.03
Particulars MAR 2020 (Values in Cr)
Book Value / Share 383.44
ROE % 20.93
ROCE % 25.19
Total Debt to Total Equity 0.01
EBITDA Margin 18.74
Particulars MAR 2024 (Values in Cr)
Book Value / Share 535.95
ROE % 33.46
ROCE % 32.68
Total Debt to Total Equity 0.14
EBITDA Margin 26.18
Particulars MAR 2023 (Values in Cr)
Book Value / Share 428.04
ROE % 30.39
ROCE % 30.59
Total Debt to Total Equity 0.16
EBITDA Margin 23.40
Particulars MAR 2022 (Values in Cr)
Book Value / Share 362.25
ROE % 32.14
ROCE % 32.77
Total Debt to Total Equity 0.09
EBITDA Margin 24.96
Particulars MAR 2021 (Values in Cr)
Book Value / Share 297.87
ROE % 12.69
ROCE % 14.63
Total Debt to Total Equity 0.01
EBITDA Margin 15.98
Particulars MAR 2020 (Values in Cr)
Book Value / Share 316.02
ROE % 18.69
ROCE % 21.07
Total Debt to Total Equity 0.01
EBITDA Margin 22.10
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 335.20
Total Assets 6107.70
Total Liabilities 6107.70
Total Equity 3726.90
Share Outstanding 61820992
Price to Book Ratio 10.26
Return on Assets (%) 13.22
Return on Capital (%) 19.41
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 578.70
Total Assets 5683.40
Total Liabilities 5683.40
Total Equity 3169.90
Share Outstanding 61087080
Price to Book Ratio 8.92
Return on Assets (%) 12.20
Return on Capital (%) 19.78
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 453.50
Total Assets 4954.40
Total Liabilities 4954.40
Total Equity 2831.40
Share Outstanding 60913152
Price to Book Ratio 12.29
Return on Assets (%) 13.35
Return on Capital (%) 20.77
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 812.20
Total Assets 3503.30
Total Liabilities 3503.30
Total Equity 2466.10
Share Outstanding 60592349
Price to Book Ratio 9.83
Return on Assets (%) 13.00
Return on Capital (%) 18.47
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 903.40
Total Assets 3439.80
Total Liabilities 3439.80
Total Equity 2396.50
Share Outstanding 62494559
Price to Book Ratio 3.63
Return on Assets (%) 12.90
Return on Capital (%) 18.49
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 45.30
Total Assets 4484.80
Total Liabilities 4484.80
Total Equity 3312.20
Share Outstanding 61820992
Price to Book Ratio 10.26
Return on Assets (%) 22.11
Return on Capital (%) 27.16
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 139.50
Total Assets 3778.10
Total Liabilities 3778.10
Total Equity 2615.30
Share Outstanding 61087080
Price to Book Ratio 8.92
Return on Assets (%) 19.38
Return on Capital (%) 24.8
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 62.40
Total Assets 3240.90
Total Liabilities 3240.90
Total Equity 2206.10
Share Outstanding 60913152
Price to Book Ratio 12.29
Return on Assets (%) 19.88
Return on Capital (%) 25.35
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 402.30
Total Assets 2249.70
Total Liabilities 2249.70
Total Equity 1805.10
Share Outstanding 60592349
Price to Book Ratio 9.83
Return on Assets (%) 10.66
Return on Capital (%) 13.28
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 443.40
Total Assets 2346.10
Total Liabilities 2346.10
Total Equity 1975.10
Share Outstanding 62494559
Price to Book Ratio 3.63
Return on Assets (%) 18.00
Return on Capital (%) 21.34
Particulars MAR 2024 (Values in Cr)
Net Income 1044.90
Cash from Operations 1269.50
Cash from Investing -247.80
Cash from Financing -887.00
Net change in Cash -231.40
Free Cash Flow 1535.00
Particulars MAR 2023 (Values in Cr)
Net Income 951.20
Cash from Operations 1230.50
Cash from Investing -271.60
Cash from Financing -558.20
Net change in Cash 120.70
Free Cash Flow 1388.70
Particulars MAR 2022 (Values in Cr)
Net Income 861.50
Cash from Operations 1030.20
Cash from Investing -956.40
Cash from Financing -155.80
Net change in Cash -346.60
Free Cash Flow 1184.30
Particulars MAR 2021 (Values in Cr)
Net Income 596.20
Cash from Operations 930.50
Cash from Investing -92.70
Cash from Financing -695.80
Net change in Cash -26.20
Free Cash Flow 1008.70
Particulars MAR 2020 (Values in Cr)
Net Income 595.40
Cash from Operations 478.30
Cash from Investing 112.30
Cash from Financing -132.70
Net change in Cash 300.30
Free Cash Flow 550.80
Particulars MAR 2024 (Values in Cr)
Net Income 1068.80
Cash from Operations 470.70
Cash from Investing 489.60
Cash from Financing -879.30
Net change in Cash -94.40
Free Cash Flow 618.70
Particulars MAR 2023 (Values in Cr)
Net Income 822.50
Cash from Operations 227.30
Cash from Investing 414.10
Cash from Financing -413.10
Net change in Cash 76.80
Free Cash Flow 295.40
Particulars MAR 2022 (Values in Cr)
Net Income 691.50
Cash from Operations 517.90
Cash from Investing -730.80
Cash from Financing 1.90
Net change in Cash -340.20
Free Cash Flow 623.80
Particulars MAR 2021 (Values in Cr)
Net Income 283.40
Cash from Operations 560.40
Cash from Investing -4.20
Cash from Financing -494.00
Net change in Cash -13.20
Free Cash Flow 623.50
Particulars MAR 2020 (Values in Cr)
Net Income 487.30
Cash from Operations 299.40
Cash from Investing 206.00
Cash from Financing -132.80
Net change in Cash 301.10
Free Cash Flow 360.20
Company Name Price P/E P/B Market Cap 52 Week Low/High
ZENSAR TECHNOLOGIES LTD 748.45 26.16 4.17 16998.00 531.15 / 985.00
WIPRO LTD 241.45 19.25 3.06 252857.15 208.40 / 324.55
INFORMED TECHNOLOGIES INDIA LT 63.65 13.57 1.18 26.54 54.00 / 140.00
PCS TECHNOLOGY LTD. 27.12 47.58 1.26 56.82 23.00 / 44.88
Company Name Price P/E P/B Market Cap 52 Week Low/High
ZENSAR TECHNOLOGIES LTD 748.45 28.58 5.48 16998.00 531.15 / 985.00
MIPCO SEAMLESS RINGS (GUJARAT) 32.07 0.00 -3.49 11.50 26.11 / 46.35
WIPRO LTD 241.45 23.42 4.01 252857.15 208.40 / 324.55
INFORMED TECHNOLOGIES INDIA LT 63.65 13.60 1.23 26.54 54.00 / 140.00

COFORGE LIMITED Technicals Summary

  • EMA & SMA
  • Resistance and Support
  • Delivery and Volume
  • Beta
  • Price Change Analysis
7305.00 -2.40 redarrow
red-green-graph indicator
8 Bearish
8 Bullish
  • 5 Days 7319.40
  • 26 Days 7205.20
  • 10 Days 7169.80
  • 50 Days 7453.70
  • 12 Days 7146.50
  • 100 Days 7672.80
  • 20 Days 7155.30
  • 200 Days 7425.30
7367.17 PIVOT

First Support

7265.33

First Resistance

7479.33

Second Support

7153.17

Second Resistance

7581.17

Third Support

7051.33

Third Resistance

7693.33

RSI

56.39

ADX

20.49

MACD

-58.74

Williams % R

-4.42

Commodity Channel Index (CCI)

49.83

Date

2025-04-29

Week

261557.00

Same Day

188806.00

Month

460485.00

1 Year

0.95

3 Year

1.13

Over 1 Month

-3.80%

down

Over 1 Year

44.38%

down

Over 3 Months

-14.42%

down

Over 3 Years

21.23%

down

Over 6 Months

-3.46%

down

Over 5 Years

44.65%

down

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COFORGE LIMITED shareholding pattern

  • Shareholding Summary

  • Historical Promotor Holding

  • Historical MF Holding

  • Historical FII Holding

Holding

Others
9.85%
Promoter Holdings
0.0%
FII
40.21%
DII
49.93%
Promoter Shares(Pledge Percentage)
0.0%
Name Shares Category
Motilal Oswal Midcap Fund 6127660.0 (9.16%) Public Shareholding
Hdfc Mutual Fund - Hdfc Mid-cap Opportunities Fund 3630140.0 (5.43%) Public Shareholding
Life Insurance Corporation Of India 3476361.0 (5.2%) Public Shareholding
Dsp Midcap Fund 2454423.0 (3.67%) Public Shareholding
Smallcap World Fund, Inc 2348018.0 (3.51%) Public Shareholding
Uti-flexi Cap Fund 1971817.0 (2.95%) Public Shareholding
Sbi Large & Midcap Fund 1372973.0 (2.05%) Public Shareholding
Hdfc Life Insurance Company Limited 1339829.0 (2.0%) Public Shareholding
Aditya Birla Sun Life Trustee Private Limited A/c - Aditya Birla Sun Life Focused Fund 1328087.0 (1.99%) Public Shareholding
New World Fund Inc 1320108.0 (1.97%) Public Shareholding
Sbi Life Insurance Co. Ltd 1255505.0 (1.88%) Public Shareholding
Government Pension Fund Global 1158669.0 (1.73%) Public Shareholding
Invesco India Contra Fund 1097205.0 (1.64%) Public Shareholding
Axis Mutual Fund Trustee Limited A/c Axis Mutual Fund A/c Axis Midcap Fund 1022970.0 (1.53%) Public Shareholding
Vanguard Total International Stock Index Fund 899377.0 (1.34%) Public Shareholding
Axis Max Life Insurance Limited A/c - Ulif01311/02/08lifehighgr104 - High Growth Fund 840700.0 (1.26%) Public Shareholding
Vanguard Emerging Markets Stock Index Fund, A Series Of Vanguard International Equity Index Funds 814716.0 (1.22%) Public Shareholding
Hsbc Midcap Fund 797835.0 (1.19%) Public Shareholding
Goldman Sachs Funds - Goldman Sachs India Equity Portfolio 749731.0 (1.12%) Public Shareholding
Edelweiss Trusteeship Co Ltd Ac- Edelweiss Mf Ac- Edelweiss Mid Cap Fund 688505.0 (1.03%) Public Shareholding
Nomura India Investment Fund Mother Fund 677107.0 (1.01%) Public Shareholding

News

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COFORGE LIMITED corporate actions

  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
05 Feb 2024 19.0 Interim 3 05 Feb 2024 Equity shares
02 Nov 2023 19.0 Interim 2 02 Nov 2023 Equity shares
03 Aug 2023 19.0 Interim 03 Aug 2023 Equity shares
10 May 2023 19.0 Interim 4 10 May 2023 Equity shares
03 Feb 2023 19.0 Interim 3 03 Feb 2023 Equity shares
03 Nov 2022 13.0 Interim 2 04 Nov 2022 Equity shares
03 Aug 2022 13.0 Interim 1 04 Aug 2022 Equity shares
23 May 2022 13.0 Interim 24 May 2022 Equity shares
07 Feb 2022 13.0 Interim 3 08 Feb 2022 Equity shares
03 Nov 2021 13.0 Interim 2 08 Nov 2021 Equity shares
09 Aug 2021 13.0 Interim 1 10 Aug 2021 Equity shares
18 May 2021 13.0 Interim 19 May 2021 Equity shares
14 May 2020 11.0 Interim 3 15 May 2020 Equity shares
07 Feb 2020 10.0 Interim 2 10 Feb 2020 Equity shares
04 Nov 2019 10.0 Interim 05 Nov 2019 Equity shares
12 Sep 2018 15.0 Final 15 Sep 2018 Equity shares
14 Sep 2017 12.5 Final 16 Sep 2017 Equity shares
22 Jul 2016 10.0 Final 26 Jul 2016 Equity shares
23 Jul 2015 9.5 Final 25 Jul 2015 Equity shares
26 Jun 2014 9.0 Final 28 Jun 2014 Equity shares
20 Jun 2013 8.5 Final 22 Jun 2013 Equity shares
20 Jun 2012 8.0 Final 22 Jun 2012 Equity shares
22 Jun 2011 7.5 Final 24 Jun 2011 Equity shares
29 Jun 2010 7.0 Final 02 Jul 2010 Equity shares
17 Jul 2009 6.5 Final 21 Jul 2009 Equity shares
18 Jul 2008 6.5 Final 22 Jul 2008 Equity shares
17 Jul 2007 6.5 Final 19 Jul 2007 Equity shares
15 Jul 2005 0.0 Final 19 Jul 2005 Equity shares
Ex-Date Ex-Bonus Ratio
31 Aug 2007 30 Aug 2007 1:2
Ex-Date Old FV NEW FV Record Date
[-] [-] [-] [-]
  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
15 May 2024 19.0 Interim 4 15 May 2024 Equity shares
05 Feb 2024 19.0 Interim 3 05 Feb 2024 Equity shares
02 Nov 2023 19.0 Interim 2 02 Nov 2023 Equity shares
03 Aug 2023 19.0 Interim 03 Aug 2023 Equity shares
10 May 2023 19.0 Interim 4 10 May 2023 Equity shares
03 Feb 2023 19.0 Interim 3 03 Feb 2023 Equity shares
03 Nov 2022 13.0 Interim 2 04 Nov 2022 Equity shares
03 Aug 2022 13.0 Interim 1 04 Aug 2022 Equity shares
23 May 2022 13.0 Interim 24 May 2022 Equity shares
07 Feb 2022 13.0 Interim 3 08 Feb 2022 Equity shares
03 Nov 2021 13.0 Interim 2 08 Nov 2021 Equity shares
09 Aug 2021 13.0 Interim 1 10 Aug 2021 Equity shares
18 May 2021 13.0 Interim 19 May 2021 Equity shares
14 May 2020 11.0 Interim 3 15 May 2020 Equity shares
07 Feb 2020 10.0 Interim 2 10 Feb 2020 Equity shares
04 Nov 2019 10.0 Interim 05 Nov 2019 Equity shares
12 Sep 2018 15.0 Final 15 Sep 2018 Equity shares
14 Sep 2017 12.5 Final 16 Sep 2017 Equity shares
22 Jul 2016 10.0 Final 26 Jul 2016 Equity shares
23 Jul 2015 9.5 Final 25 Jul 2015 Equity shares
26 Jun 2014 9.0 Final 28 Jun 2014 Equity shares
20 Jun 2013 8.5 Final 22 Jun 2013 Equity shares
20 Jun 2012 8.0 Final 22 Jun 2012 Equity shares
22 Jun 2011 7.5 Final 24 Jun 2011 Equity shares
29 Jun 2010 7.0 Final 02 Jul 2010 Equity shares
17 Jul 2009 6.5 Final 21 Jul 2009 Equity shares
18 Jul 2008 6.5 Final 22 Jul 2008 Equity shares
17 Jul 2007 6.5 Final 19 Jul 2007 Equity shares
15 Jul 2005 0.0 Final 19 Jul 2005 Equity shares
Ex-Date Ex-Bonus Ratio
31 Aug 2007 30 Aug 2007 1:2
Ex-Date Old FV NEW FV Record Date
[-] [-] [-] [-]

Coforge Share Result Highlights

Coforge has demonstrated strong financial growth, reporting a YoY sales increase of 34.54% for Q2 (September 2024), reaching ₹3,062 crore compared to ₹2,401 crore in Q1. The company also showed a solid profit performance, with operating profit rising from ₹293 crore in Q1 to ₹412 crore in Q2. Profit before tax increased from ₹205 crore to ₹314 crore, and net profit saw a growth of 12%, rising from ₹139 crore in Q1 to ₹234 crore in Q2. This strong performance underlines Coforge’s robust market position and consistent growth in revenue and profitability, influencing the Coforge share price positively.

Coforge Share Annual Reports

For FY24, Coforge reported an operating profit of ₹1,428 crore, reflecting a healthy operating margin of 16%. The reported net profit increased to ₹836 crore from ₹745 crore in the previous year, showcasing continued profitability. The company’s EPS of ₹130.70 and a dividend payout of 58% indicate a strong ability to generate returns for shareholders. With compounded profit growth of 14% over the past 10 years and 20% over the past 3 years, Coforge remains a solid performer in the IT sector as reflected in Coforger’s share CAGR of 41% in the last year.

Coforge Share Dividend

Coforge shares have maintained a robust dividend payout ratio of 58% for FY24, demonstrating its commitment to returning value to shareholders. This, coupled with its consistent profit growth and strong return on equity (ROE) of 24.1%, positions Coforge as a reliable company for income-focused investors. The company’s dividend yield of 0.95% is also a positive indicator of its shareholder-friendly policies.

Additional FAQs

Who is the CEO of Coforge Limited?

The CEO of Coforge Ltd is Sudhir Singh, who leads the company’s global operations and drives its strategic initiatives.

 

When was Coforge Limited established?

Coforge Ltd was established in 1992 and is a global IT solutions provider that focuses on digital transformation services.

 

What factors influence the Coforge Share Price?

Coforge share price is influenced by factors such as demand for IT services, digital transformation trends, project wins, and overall performance in the technology sector.

 

Is Coforge Limited debt free?

No, Coforge Ltd is not debt free, but it manages its debt levels efficiently to support business growth and operational expansion.

 

What is the CAGR of Coforge Share?

The CAGR of Coforge share is 36% over 10 years, 40% over 5 years, and 13% over 3 years.

 

How has the Coforge Share Price performed over the past year?

Over the past year, Coforge’s share price has increased by 41%, driven by strong growth in the IT and digital services sectors.

COFORGE LIMITED Share Price

Coforge Limited was originally incorporated as Public Limited Company on May 13th, 1992 under the name 'NIIT Technologies Limited'. On 14 June 2020, Shareholders of the Company approved the proposed change in name of the Company from 'NIIT Technologies Limited' to 'Coforge Limited' and consequently, name of the Company was changed from 'NIIT Technologies Limited' to 'Coforge Limited' w.e.f. 03 August 2020.

Coforge is a global digital services and business solutions provider with in-depth domain expertise that specializes in selected industry verticals. The Company delivers services around the world directly and through its network of subsidiaries and overseas branches. Coforge leads with its product engineering approach and leverages Cloud, Data, Integration and Automation technologies to transform client businesses into intelligent, high-growth enterprises. Coforge's proprietary platforms power critical business processes across its core verticals.

Presently, it is rendering Information Technology solutions and is engaged in Application Development and Maintenance, Managed Services, Cloud Computing and Business Process Outsourcing to organizations in a number of sectors viz. Financial Services, Insurance, Travel, Transportation and Logistics, Manufacturing and Distribution and Government. The firm has presence in 21 countries with 26 delivery centres
across nine countries. The Company has world-class development centres at New Delhi, Kolkata, Mumbai, Bangalore, Atlanta, London and Singapore.

The year 2002 marked a significant milestone for NIIT's software arm for the first time, it notched up revenues higher than that of the education division. This triggered the move to establish NIIT Technologies as a separate company. A restructuring exercise initiated in 2003, resulted in the creation of NIIT Technologies in June 2004. The company's commitment to quality and adherence to global standards has further strengthened its credentials among discerning customers. NIIT Technologies was among the early few software companies to upgrade its ISO certification to ISO9001: 2000. Subsequent re-certifications have been completed in 2003 and 2006. The formal assessment for HR practices was done in 2004 for Level 3 practices and in 2005 for Level 5. In February of the year 2006, the company formally made its foray into the Managed Services space to enhance its portfolio of services offerings. In February of the year 2006, the company formally made its foray into the Managed Services space to enhance its portfolio of services offerings. During the same year 2006, a joint venture company 'ADECCO NIIT Technologies Private Limited' was incorporated in which the company is 50% JV partner.

Inorganic growth, an important element of the growth strategy of NIIT Technologies, received fresh impetus during 2006-07, when the company acquired ROOM Solutions, a leading name in the Insurance market in the UK. The Company had ranked in ET 500, 2007 among the Top 20 wealth creator companies of India. During the year 2007-08, the company was felicitated with numerous awards. The company was presented the prestigious Banking & Finance ICT Innovation Award for Belgium/Luxembourg, along with the KBC bank. During the same period 2007-08, the company had obtained the official project completion signoff for the prestigious and operationally critical Comprehensive Maintenance Management System (CMMS) of the Indian Navy, which was executed at the Western Navy Headquarters of the Indian Navy at Mumbai by the Delivery Team of the India (Government) line of business in the APAC and India Business Unit. NIIT Technologies ranked No. 1 in the prestigious Black Book of Outsourcing 2008 Travel Industry user survey.

The Company made a partnership with the Centre for Development of Advanced Computing (C-DAC), Noida in March of the year 2008, to offer value added application services through the Software as a Service mode of delivery. As at August 2008, NIIT Technologies launched its unique Fleet Management System (FMS) Solution Accelerator in keeping with its focus to address the growing public, passenger transportation and trucking business for logistics support.

The total number of new clients added during the year 2014 under review stood at 16; these included several multi-million dollar and multi-year deals in both international and domestic markets, including business worth $300 million from a top BFSI client, a Rs. 3440 million contract with the Airports Authority of India (AAI) to set up state-of-the-art Airport Operations Control Centers (AOCCs) across 10 cities, and two contracts over $25 million (secured during the last quarter of the year) from existing BFSI clients in the US.

The financial year 2014 also saw NIIT Technologies foray into two new geographies, Latin America and Ireland. In Latin America, the Company entered into an engagement with GRU Aeroporto Internacional de So Paulo (Sao Paolo International Airport) in Brazil to implement and transform the Cargo Handling system at that airport. This has further expanded the Company's presence within the Airports sub-segment of its Travel & Transportation vertical. It also reflects the Company's ability to leverage its Spanish operations created after the earlier acquisition of Proyecta Sistemas de Informacion S.A. (Proyecta) as a gateway to Spanish-speaking countries in Latin America. In Ireland, the Company entered into a multi-year contract with the national airline there and opened a new global delivery centre at its Greater Noida campus (an SEZ facility) to provide a range of services from Business Intelligence and Service-Oriented Architecture (SOA) Testing to Responsive Website Development and Migration.The Company made substantial progress in its implementation of the Airports Operations Control Centre for the Airports Authority of India (AAI), with successful go-live across multiple airports during the year 2015. This programme is the first multi-airport installation in Asia, which is aimed at enabling information sharing across these airports instantly and hence benefits AAI, airlines, as well as other stakeholders at those airports.

In May 2015, the Company made its foray into the high opportunity area of Digital Integration by acquiring 51% stake in Incessant Technologies, a global BPM specialist sharply focused on enabling its clients to automate and integrate back end systems with a digital front end. This acquisition provides NIIT Technologies with the capability to be a significant player in the Digital Integration space with Digitization and Automation of business processes for seamless customer experience, and also enables the Company to reinforce its position in the BSFI vertical across geographies including North America, Europe, and Australia.

As a responsive, customer-centric organization, NIIT Technologies keeps evaluating opportunities where it can leverage its innovative capabilities and domain expertise to make its clients more competitive. In line with this approach, in FY2015 the Company invested in and launched +ADVANTAGE suite, a next generation platform designed to support growth and underwriting profitability of Commercial Insurance firms. The newly launched +ADVANTAGE suite's highly configurable business-user led platform readily adapts to the needs of specific classes of business, allowing new lines to be brought to market quickly.

During the year 2015, NIIT Technologies made significant progress in the transformation of its sales and marketing activity in line with the corporate agenda, with major improvements in internal processes as well as induction of fresh talent into the organization. The Company now has a new global marketing head, supported by new marketing heads in each of its key geographies - North America, Europe, and Asia-Pacific. It also added new sales heads in the both the US and Europe for the Travel & Transportation vertical. In addition to that, the company inducted new heads to lead its sales efforts in the BFS and Insurance segments in the US. In addition to the induction of fresh talent into its sales and marketing functions, the Company has reinforced its senior leadership team with a new head for its European business.

During the year 2016, the Company completed some key flagship digital experience projects for several clients and secured multiple new Digital engagements. In addition to that, it expanded the capability of its advanced analytics platform Digital Foresight. Towards this end, the Company has partnered with UiPath; a Software Company that specializes in Robotic Process Automation (RPA).

During FY 2018, the Company acquired controlling interest in RuleTek; a BPM architecture services company with a track record of successful implementations for Fortune 500 companies.

In 2019, Company acquired majority stake in WHISHWORKS IT Consulting, an IT services and consulting company specializing in
MuleSoft and Big Data technologies. It opened a new location at Princeton, NJ

In year 2021, Company acquired M/s SLK Global Solutions Private Limited (the Investee Company)on April 12, 2021.

During the year 2023, two new step down subsidiary companies, Coforge Solution Pvt. Ltd., India and Coforge Japan GK, Japan were incorporated. The Company launched ELEVATE- Navigating Leadership Transitions in building the mindsets and skill sets for role effectiveness.

In 2024, Company signed a TCV USD 300 million deal in Q1 FY24, securing five years of revenue visibility in one of its top Banking &
Financial Services (BFS) clients. Further, the Company signed its largest ever deal totalling TCV of USD 400 million over ten-year in the Q4 FY24 quarter in another top BFS customer, thus assuring revenue visibility in an environment of revenue slippages seen for the sector. The Company launched Orion, a Gen AI-based autonomous self-service solution to enhance customer experience across multiple industries.; launched Quasar Responsible AI; Coforge Quasar to develop and build their own Gen AI-powered applications at scale. Within the Travel, Transportation, Hospitality (TTH) Business Unit, Coforge clocked new clients, particularly in the Airlines sector. Key engagements through the year included executing a modernisation programme for a leading Middle East Airport, creating a new nearshore engineering capability
for a prominent US airline, and driving the validation services programme of a major cruise line to enhance customer experience across their websites. Generative AI and its potential applications emerged as a focal point in industry discussions in 2024. In collaboration with Microsoft, Company launched the Microsoft 365 co-pilot and advisor co-pilot to optimise insurance underwriting processes. It also launched a large-scale AI-training program to upskill the employees in Generative AI fundamentals and AI technologies, including GitHub Copilot. On the contrary, the Company established 'The Coforge Public Library' in Noida, India in 2024.

Parent organization MNC Associate
NSE symbol COFORGE
Founded 1992
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Frequently Asked Questions

What is the Share Price of Coforge Ltd?

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The share price of Coforge Ltd for NSE is ₹ 7305 and for BSE is ₹ 7297.5.

What is the Market Cap of Coforge Ltd?

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The market cap of Coforge Ltd for NSE is ₹ 4,51,60.23 Cr. and for BSE is ₹ 4,51,13.87 Cr. as of now.

What is the 52 Week High and Low of Coforge Ltd?

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The 52 Week High and Low of Coforge Ltd for NSE is ₹ 10026.80 and ₹ 4287.25 and for BSE is ₹ 10017.95 and ₹ 4291.05.

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What is 1 year return for Coforge Ltd?

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The 1 year returns on the stock has been 44.38%.

What is the Current Share Price of Coforge Ltd?

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Coforge Ltd share price is for NSE ₹ 7305 & for BSE ₹ 7297.5 as on Apr 30 2025 03:30 PM.

What is the Market Cap of Coforge Ltd Share?

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The market cap of Coforge Ltd for NSE ₹ 4,51,60.23 & for BSE ₹ 4,51,13.87 as on Apr 30 2025 03:30 PM.

What is the P/E Ratio of Coforge Ltd Share?

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As on Apr 30 2025 03:30 PM the price-to-earnings (PE) ratio for Coforge Ltd share is 70.42.

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As on Apr 30 2025 03:30 PM, the price-to-book (PB) ratio for Coforge Ltd share is 836.73.

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