| Announced on | Meeting on |
| Jun 04, 2024 | Jul 22, 2024 |
| Quarterly Results & Interim Dividend | |
| May 22, 2024 | May 27, 2024 |
| Others | |
| Mar 12, 2024 | May 02, 2024 |
| Audited Results & Interim Dividend | |
| Mar 14, 2024 | Mar 16, 2024 |
| Others | |
| Dec 04, 2023 | Jan 22, 2024 |
| Quarterly Results & Interim Dividend | |
Coforge Share Price
NSE
- Open6,238.00
- High6,348.85
- Low6,185.15
- Prev Close6,255.45
- Volume3,05,394
- VWAP(₹)6,276.43
Coforge share price insights
Rank 249 - ET 5002023 ranking
Intraday fact check
In the last 19 years, only 3.68 % trading sessions saw intraday gains higher than 5 % .Employee & Interest Expense
Company has spent 1.37% of its operating revenues towards interest expenses and 59.99% towards employee cost in the year ending Mar 31, 2024. (Source: Consolidated Financials)Buy Signal: Advantage Bulls !
Daily MACD crossover appeared yesterday. Average price gain of 4.6% within 10 days of this signal in last 10 years.Stock Returns vs Nifty 100
Stock gave a 3 year return of 23.21% as compared to Nifty 100 which gave a return of 54.26%. (as of last trading session)Coforge Share Price Update
Coforge Ltd. share price moved up by 0.43% from its previous close of Rs 6,255.45. Coforge Ltd. stock last traded price is 6,282.25
Share Price Value Today/Current/Last 6,282.25 Previous Day 6,255.45
Coforge Share Price Returns
| 1 Day | 0.43% |
| 1 Month | -0.49% |
| 3 Months | 22.19% |
| 1 Year | 20.22% |
| 3 Years | 23.74% |
| 5 Years | 313.52% |
Key Metrics
| PE Ratio(x) | 53.54 |
| EPS - TTM(₹) | 117.33 |
| MCap(₹ Cr.) | 41,898.70 |
| MCap Rank | 14 |
| PB Ratio(x) | 11.19 |
| Div Yield(%) | 1.21 |
| Face Value(₹) | 10.00 |
| 52W High(₹) | 6,847.45 |
| 52W Low(₹) | 4,287.25 |
| MCap/Sales | 3.70 |
| Beta(1 Month) | 0.56 |
| BV/Share(₹) | 558.81 |
Coforge Share Recommendations
Mean recosCurrent
HOLD
27 Analysts
Strong
SellSellHoldBuyStrong
Buy
SellSellHoldBuyStrong
Buy
Analyst Trends
| Ratings | Current | 1W Ago | 1M Ago | 3M Ago |
|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 6 |
| Buy | 12 | 12 | 12 | 10 |
| Hold | 5 | 5 | 5 | 5 |
| Sell | 3 | 3 | 3 | 3 |
| Strong Sell | 3 | 3 | 3 | 3 |
| # Analysts | 27 | 27 | 28 | 27 |
ADVERTISEMENT
Coforge News & Analysis
ADVERTISEMENT
Coforge Financials
Consolidated
Jun 2024 Mar 2024 Dec 2023 Sep 2023 Jun 2023 Total Income 2,426.20 2,368.40 2,338.30 2,285.10 2,237.00 Total Income Growth (%) 2.44 1.29 2.33 2.15 2.96 Total Expenses 2,189.00 2,045.80 2,009.30 2,012.50 1,990.70 Total Expenses Growth (%) 7.00 1.82 -0.16 1.10 -0.39 EBIT 237.20 322.60 329.00 272.60 246.30 EBIT Growth (%) -26.47 -1.95 20.69 10.68 41.47 Profit after Tax (PAT) 133.20 223.70 237.70 187.90 165.30 PAT Growth (%) -40.46 -5.89 26.50 13.67 43.99 EBIT Margin (%) 9.78 13.62 14.07 11.93 11.01 Net Profit Margin (%) 5.49 9.45 10.17 8.22 7.39 Basic EPS (₹) 20.93 36.21 38.63 29.59 27.06 All figures in Rs Cr, unless mentioned otherwise
InsightsEmployee & Interest Expense
Company has spent 1.37% of its operating revenues towards interest expenses and 59.99% towards employee cost in the year ending Mar 31, 2024. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Total Assets 6,107.70 5,683.40 4,954.40 3,513.40 3,439.80 Total Assets Growth (%) 7.47 14.71 41.01 2.14 19.71 Total Liabilities 2,380.80 2,513.50 2,123.00 1,047.30 1,043.30 Total Liabilities Growth (%) -5.28 18.39 102.71 0.38 31.46 Total Equity 3,726.90 3,169.90 2,831.40 2,466.10 2,396.50 Total Equity Growth (%) 17.57 11.96 14.81 2.90 15.23 Current Ratio (x) 1.70 1.50 1.88 2.53 2.71 Total Debt to Equity (x) 0.12 0.11 0.13 0.00 0.00 Contingent Liabilities 164.10 112.30 135.10 44.40 25.20 All figures in Rs Cr, unless mentioned otherwise
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Net Cash flow from Operating Activities 903.40 950.50 765.60 762.30 296.90 Net Cash used in Investing Activities -247.80 -271.60 -956.40 -235.40 112.30 Net Cash flow from Financing Activities -887.00 -558.20 -155.80 -553.10 -132.70 Net Cash Flow -248.60 123.10 -353.10 -19.60 287.80 Closing Cash & Cash Equivalent 321.30 569.90 446.80 799.90 819.50 Closing Cash & Cash Equivalent Growth (%) -43.62 27.55 -44.14 -2.39 57.78 Total Debt/ CFO (x) 0.48 0.36 0.46 0.00 0.02 All figures in Rs Cr, unless mentioned otherwise
InsightsDecrease in Cash from Investing
Company has used Rs 247.8 cr for investing activities which is an YoY decrease of 8.76%. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Return on Equity (%) 22.27 22.50 24.21 18.47 18.52 Return on Capital Employed (%) 25.57 27.48 24.54 23.53 23.35 Return on Assets (%) 13.22 12.20 13.35 12.96 12.90 Interest Coverage Ratio (x) 11.86 16.66 17.75 43.95 39.87 Asset Turnover Ratio (x) 1.56 0.97 0.98 132.71 121.63 Price to Earnings (x) 42.19 33.67 41.15 39.06 16.18 Price to Book (x) 9.37 7.57 9.92 7.20 2.99 EV/EBITDA (x) 22.96 17.26 23.51 20.86 7.94 EBITDA Margin (%) 16.22 16.75 17.93 17.41 18.90
ADVERTISEMENT
Peer Comparison
NAME 1D 1W 1M 3M 1Y 3Y 5Y Coforge Stock Performance 0.43 3.15 -0.97 22.07 21.47 23.74 312.38 Persistent System Stock Performance 1.61 3.37 6.39 37.59 101.20 212.15 1781.56 L&T Tech Stock Performance 2.32 7.11 11.43 25.20 33.35 46.20 265.14 Mphasis Stock Performance 0.46 2.19 2.43 29.29 33.16 7.21 217.41 KPIT Tech Stock Performance 0.59 1.50 3.85 23.52 61.40 454.33 1880.65 All values in %
Insights
Stock Returns vs Nifty 100
Stock gave a 3 year return of 23.21% as compared to Nifty 100 which gave a return of 54.26%. (as of last trading session)Stock Returns vs Nifty IT
Stock generated 23.21% return as compared to Nifty IT which gave investors 23.56% return over 3 year time period. (as of last trading session)
Mutual Funds Ownership
MF Ownership as on 31 July 2024
1,957.30
Amount Invested (in Cr.)
2.6%
% of AUM
0.00
% Change (MoM basis)
945.83
Amount Invested (in Cr.)
6.55%
% of AUM
30.43
% Change (MoM basis)
756.66
Amount Invested (in Cr.)
6.6%
% of AUM
9.09
% Change (MoM basis)
ADVERTISEMENT
Coforge Futures & Options
Date Price Open Interest 29-08-2024Current
0.10-25.95 (-99.62%)
00 (0.00%)
18.30Open65.75High0.05Low26.05Close331Contracts Traded15,706.48Turnover (₹ Lakhs)Open Interest as of 05 Jul 2024
Date Price Open Interest 29-08-2024Current
6,276.5525.50 (0.41%)
94,9507,350 (7.74%)
6,229.05Open6,350.95High6,183.20Low6,251.05Prev Close629Contracts Traded29,615.00Turnover (₹ Lakhs)Open Interest as of 05 Jul 2024
Corporate Actions
Interim Dividend
190%
Jul 23, 2024
Board Meeting
Quarterly Results & Interim Dividend
Jun 04, 2024
Board Meeting
Others
May 22, 2024
Announced on Ex-Date Dividend% Jul 23, 2024 Aug 02, 2024 190% May 02, 2024 May 15, 2024 190% Jan 23, 2024 Feb 05, 2024 190% Oct 19, 2023 Nov 02, 2023 190% Jul 20, 2023 Aug 03, 2023 190% Announced on Ex-Date May 23, 2007 Aug 30, 2007 Bonus Ratio: 1 share(s) for every 2 shares held No Data Available
No Data Available
Announced on Meeting on Feb 28, 2024 Mar 30, 2024 - Apr 27, 2023 Jul 06, 2023 - May 12, 2022 Aug 24, 2022 - Jul 01, 2021 Jul 30, 2021 - Apr 23, 2021 May 24, 2021 -
ADVERTISEMENT
About
Coforge Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 41,898.70 Crore) operating in IT Software sector.
Coforge Ltd. key Products/Revenue Segments include Sale of services and Software Products for the year ending 31-Mar-2024.
For the quarter ended 30-06-2024, the company has reported a Consolidated Total Income of Rs 2,426.20 Crore, up 2.44 % from last quarter Total Income of Rs 2,368.40 Crore and up 8.46 % from last year same quarter Total Income of Rs 2,237.00 Crore. Company has reported net profit after tax of Rs 139.30 Crore in latest quarter.
The company’s top management includes Mr.Om Prakash Bhatt, Mr.Om Prakash Bhatt, Mr.Sudhir Singh, Mr.Sudhir Singh, Mr.Gautam Samanta, Mr.Gautam Samanta, Mr.Anil Chanana, Mr.Anil Chanana, Mr.D K Singh, Mr.D K Singh, Ms.Mary Beth Boucher, Ms.Mary Beth Boucher, Mr.Saurabh Goel, Mr.Saurabh Goel, Ms.Barkha Sharma, Ms.Barkha Sharma. Company has S R Batliboi & Associates LLP as its auditors. As on 30-06-2024, the company has a total of 6.67 Crore shares outstanding.
About Coforge
Coforge Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 41,898.70 Crore) operating in IT Software sector. Coforge Ltd. key Products/Revenue Segments include Sale of services and Software Products for the year ending 31-Mar-2024.For the quarter ended 30-06-2024, the company has reported a Consolidated Total Income of Rs 2,426.20 Crore, up 2.44 % from last quarter Total Income of Rs 2,368.40 Crore and up 8.46 % from last year same quarter Total Income of Rs 2,237.00 Crore. Company has reported net profit after tax of Rs 139.30 Crore in latest quarter.The company’s top management includes Mr.Om Prakash Bhatt, Mr.Om Prakash Bhatt, Mr.Sudhir Singh, Mr.Sudhir Singh, Mr.Gautam Samanta, Mr.Gautam Samanta, Mr.Anil Chanana, Mr.Anil Chanana, Mr.D K Singh, Mr.D K Singh, Ms.Mary Beth Boucher, Ms.Mary Beth Boucher, Mr.Saurabh Goel, Mr.Saurabh Goel, Ms.Barkha Sharma, Ms.Barkha Sharma. Company has S R Batliboi & Associates LLP as its auditors. As on 30-06-2024, the company has a total of 6.67 Crore shares outstanding.
Key Indices Listed On
Nifty IT, Nifty Midcap 50, Nifty Midcap 100, Nifty 200, Nifty 500
Address
8, Balaji Estate,Third Floor,New Delhi, Delhi - 110019
Executive Leadership
OP
Om Prakash Bhatt
Chairman & Ind.Dire (Non-Exe)OP
Om Prakash Bhatt
Chairman & Ind.Dire (Non-Exe)SS
Sudhir Singh
Executive Director & CEOSS
Sudhir Singh
Executive Director & CEOShow More
Auditors
S R Batliboi & Associates LLP
FAQs about Coforge share
- 1. What's Coforge share price today and what are Coforge share returns ?As on 29 Aug, 2024, 03:54 PM IST Coforge share price was up by 0.43% basis the previous closing price of Rs 6,080.9. Coforge share price was Rs 6,282.25. Return Performance of Coforge Shares:
- 1 Week: Coforge share price moved up by 3.26%
- 3 Month: Coforge share price moved up by 22.19%
- 6 Month: Coforge share price moved down by 4.15%
- 2. Who's the chairman of Coforge?Om Prakash Bhatt is the Chairman & Ind.Dire (Non-Exe) of Coforge
- 3. What is the recommendation for Coforge - Buy or Sell?As per Refinitiv (erstwhile Thomson Reuters), overall mean recommendation by 27 analysts for Coforge stock is to Hold. Recommendation breakup is as follows
- 4 analysts are recommending Strong Buy
- 12 analysts are recommending to Buy
- 5 analysts are recommending to Hold
- 3 analysts are recommending to Sell
- 3 analysts are recommending Strong Sell
- 4. What are the returns for Coforge share?Return Performance of Coforge Shares:
- 1 Week: Coforge share price moved up by 3.26%
- 3 Month: Coforge share price moved up by 22.19%
- 6 Month: Coforge share price moved down by 4.15%
- 5. What are the Coforge quarterly results?Total Revenue and Earning for Coforge for the year ending 2024-03-31 was Rs 9240.40 Cr and Rs 808.00 Cr on Consolidated basis. Last Quarter 2024-06-30, Coforge reported an income of Rs 2426.20 Cr and profit of Rs 133.20 Cr.
- 6. Who is the Chief Executive Officer of Coforge?Sudhir Singh is the Executive Director & CEO of Coforge
- 7. Who are the peers for Coforge in IT Software sector?Top 10 Peers for Coforge are Tata Elxsi Ltd., KPIT Technologies Ltd., MphasiS Ltd., L&T Technology Services Ltd., Cyient Ltd., Sonata Software Ltd., Zensar Technologies Ltd., Intellect Design Arena Ltd., Happiest Minds Technologies Ltd. and Persistent Systems Ltd.
- 8. What dividend is Coforge giving?Coforge Ltd. announced an equity dividend of 190% on a face value of 10.0 amounting to Rs 19 per share on 23 Jul 2024. The ex dividend date was 02 Aug 2024.
- 9. What are the key metrics to analyse Coforge Share Price?Key Metrics for Coforge are:
- PE Ratio of Coforge is 53.54
- Price/Sales ratio of Coforge is 3.70
- Price to Book ratio of Coforge is 11.19
- 10. Who's the owner of Coforge?Following are the key changes to Coforge shareholding:
- Promoter holding have gone down from 40.06 (30 Sep 2022) to 26.63 (30 Jun 2023)
- Domestic Institutional Investors holding have gone down from 54.16 (30 Sep 2023) to 47.28 (30 Jun 2024)
- Foreign Institutional Investors holding has gone up from 34.37 (30 Sep 2023) to 41.43 (30 Jun 2024)
- Other investor holding have gone down from 11.46 (30 Sep 2023) to 11.28 (30 Jun 2023)
- 11. What is the PE & PB ratio of Coforge?The PE ratio of Coforge stands at 53.32, while the PB ratio is 10.37.
- 12. What has been highest price of Coforge share in last 52 weeks?In last 52 weeks Coforge share had a high price of Rs 6,847.45 and low price of Rs 4,287.25
- 13. What is the market cap of Coforge?Within the IT Software sector, Coforge stock has a market cap rank of 14. Coforge has a market cap of Rs 41,898.70 Cr.
- 14. What is the CAGR of Coforge?The CAGR of Coforge is 18.45.
Trending in Markets
DATA SOURCES: TickerPlant (for live BSE/NSE quotes service) and Dion Global Solutions Ltd. (for corporate data, historical price & volume, F&O data). Sensex & BSE Quotes and Nifty & NSE Quotes are real-time and licensed from BSE and NSE respectively. All timestamps are reflected in IST (Indian Standard Time).
DISCLAIMER: Any and all content on this website including tools/analysis is provided to you only for convenience and on an “as-is, as- available” basis without representation and warranties of any kind. The content and any output of such tools/analysis is for informational purposes only and should not be relied upon or construed as an investment advice or guarantee for any specific performance/returns advice or considered as recommendation for the purchase or sale of any security or investment. You are advised to exercise caution, discretion and independent judgment with regards to the same and seek advice from professionals and certified experts before taking any decisions.
By using this site, you agree to the Terms of Service and Privacy Policy.