Inve India ▾

Coforge share price & results

Coforge Limited· Information Technology

Results to
Sept 2026
Latest analysed call
Q2 FY27
Ownership as of
Sept 2026

AI-native IT and engineering services firm serving BFSI, insurance, travel and healthcare clients globally.

Company research is public. Sign in to keep your own companies, notes and cases.

Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue3,812 ₹ crore+60.0% YoYQuarterly, as filedQuarter to Sept 2026Revenue from operations as filed.
Operating margin11.0 %−1.0 pts YoYOperating profit / revenueQuarter to Sept 2026For the quarter; a change is in percentage points.
Net profit210 ₹ crore−42.0% YoYQuarterly, as filedQuarter to Sept 2026Profit after tax as filed.
Return on equity9.71 %+5.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin7.30 %+1.7 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)41.53 %+1.9 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Sept 2026

Guidance

What management said, and what became of it

6 of 7 judged targets kept · 9 open · verdicts reflect calls analysed to Q1 FY27.

Coforge Limited management guidance track record on Inve: 16 targets tracked across analysed earnings calls (6 achieved, 1 missed, 9 open).

TargetOriginal wordingSaidLatest callVerdict
Reported EBIT Margindeliver 14% reported EBIT in FY 2026 itself.Q4 FY25Q1 FY27:Promise timeline complete. Final status is achieved.
Call transcript, Q1 FY27 · 28 Jul 2026		Achieved
Minority InterestGoing forward, you will see minority interest come down from INR 53 crores to INR 54 crores in one quarter to almost INR 9 crores... from Q1 onwards
Call transcript, Q4 FY26 · 5 May 2026		Q4 FY26Q1 FY27:No mention of the minority interest figure in the Q1 FY27 earnings call or materials.
Call transcript, Q1 FY27 · 28 Jul 2026		Ghosted
FCF to PAT Ratioon a sustained basis, you should expect free cash flow to PAT at around 70% to 80% going forward.
Call transcript, Q1 FY26 · 24 Jul 2025		Q1 FY26Q1 FY27:Promise superseded by new target (fy27-fcf-to-pat-100pct). Final status is revised_up.
Call transcript, Q1 FY27 · 28 Jul 2026		Revised Up

Source: Inve Guidance Tracker for Coforge Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

1 of Coforge Limited's 16 targets was missed. See which ones, and which are quietly gone. The 3 above are the free sample; 13 more targets are in the full ledger.

Free account: 5 full ledgers a month and one Inve Case. Pro opens 100 a month, ₹499.
See the full record

Price

₹1,997 +0.20% · +₹4

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance +13.5% 1Y

₹1.0k₹1.2k₹1.4k₹1.6k₹1.8k₹2.0kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 24 Oct 2025Q2 FY26 — 26 Dec 2025Q3 FY26 — 23 Jan 2026Q4 FY26 — 5 May 2026Q1 FY27 — 28 Jul 2026Q2 FY27 — 23 Oct 2026

1Y: ₹1,760 on 24 Oct 2025 → ₹1,997. High ₹2,014.6 (28 Aug 2026), low ₹1,073.9 (17 Mar 2026).

Previous close
₹1,993
Market cap
₹88.3k Cr
52-week range
₹1,073.9 – ₹2,014.6
One year
+9.09%
Price to earnings (TTM to Sept 2026)
40.65×
Return on equity (TTM to Sept 2026)
9.71%

Overview

Symbol
NSE:COFORGE
Exchange
NSE
Currency
INR

What Coforge Limited does

Based on the company's own presentations, annual report and earnings calls.

Coforge is an AI-native IT and engineering services company that designs, builds and modernizes technology systems for enterprise clients, combining AI agents with a specialized human workforce organized into hybrid 'mod squad' delivery pods. It earns by delivering cloud and infrastructure management, business process management, intelligent automation, data and integration, and software engineering services, billed on a mix of subscription and outcome-based pricing alongside traditional time-and-materials contracts. The company operates through global delivery centers spanning multiple countries and serves clients concentrated in banking and financial services, insurance, travel/transportation/hospitality, healthcare and hi-tech, and overseas government verticals. It has grown through acquisitions such as Cigniti Technologies and Encora to expand its digital assurance and AI capabilities.

Segments

  • Banking and Financial Services
  • Insurance
  • Travel, Transportation and Hospitality
  • Healthcare & HiTech
  • Government Overseas
Total headcount
35,777
Global delivery centers
33
Countries with delivery operations
25
Geographic presence
North America, South America, Europe, Middle East, India, Asia-Pacific and Australia
Clients with $1 million+ annual revenue
245
AI and data practitioners
11,000+
Founded 1992Headquarters Gurugram, Haryana, IndiaEmployees 35,777 (Q4 FY26 (March 2026)) Company website

How the price took the results

close before → close after

Q2 FY27
−0.4%
23 Oct
Q1 FY27
+10.3%
28 Jul
Q4 FY26
+1.5%
5 May
Q3 FY26
−3.0%
23 Jan

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Your own record

Start an Inve Case for Coforge Limited

Free account: one company. Everything above stays public.

Write why you follow Coforge Limited and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.

What an account adds

Keep reading

Other Information Technology companies

All Information Technology companies → · Information Technology earnings growth →

Learn to analyse Coforge Limited

Guides on how to read this kind of business and the numbers that matter.