NSE COFORGE · BSE 532541 · Software & Programming · NIFTY 500
Coforge Share Price
Coforge Overview
Where the price stands, how it has moved and how it sits against its averages.
Coforge shares last traded at ₹1,784.00 on the NSE, down 0.22% on the day. That is 11.8% below the 52-week high of ₹2,021.95 and 76.9% above the 52-week low of ₹1,008.50. The stock trades at 41.85× earnings, above the sector average of 24.71. Its market value is ₹79,017 Cr.
Price returns
Against the market: 1 Month ▼ −1.81% · 3 Months ▲ +25.35% · 6 Months ▲ +57.08% · This year ▲ +24.38% · 1 Year ▲ +22.19%
Shading grows with the size of the move. We ask our data provider for a newer price every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next check from Fri 16 Oct, 9:15 AM. Its quotes are not real-time — the time at the top shows how current the price is.
Moving averages — price is above 3 of 6
- 20-day average₹1,883.30 ▼ price 5.3% below
- 10-day average₹1,810.02 ▼ price 1.4% below
- 5-day average₹1,806.68 ▼ price 1.3% below
- Today's price₹1,784.00
- 50-day average₹1,777.60 ▲ price 0.4% above
- 100-day average₹1,594.72 ▲ price 11.9% above
- 300-day average₹1,534.56 ▲ price 16.3% above
Each average is the mean closing price over that many trading days; averages above the current price sit higher on the ladder.
Coforge Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹16,403 Cr | ▲ +35.9% | ₹1,556 Cr | 9.5% | ₹43.82 | ₹12.00 |
| FY 2025 | ₹12,073 Cr | ▲ +34.0% | ₹812 Cr | 6.7% | ₹5.05 | ₹15.20 |
| FY 2024 | ₹9,009 Cr | ▲ +12.4% | ₹808 Cr | 9.0% | ₹26.34 | ₹15.20 |
| FY 2023 | ₹8,015 Cr | ▲ +24.6% | ₹694 Cr | 8.7% | ₹22.31 | ₹12.80 |
| FY 2022 | ₹6,432 Cr | ▲ +37.9% | ₹662 Cr | 10.3% | ₹21.30 | ₹10.40 |
| FY 2021 | ₹4,663 Cr | ▲ +11.4% | ₹456 Cr | 9.8% | ₹14.66 | ₹2.60 |
| FY 2020 | ₹4,184 Cr | — | ₹444 Cr | 10.6% | ₹14.19 | ₹6.20 |
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹5,528 Cr | ▲ +21.7% | ₹519 Cr | 9.4% | ₹12.34 |
| Q4 FY26 | ₹4,540 Cr | ▲ +8.4% | ₹612 Cr | 13.5% | ₹18.13 |
| Q3 FY26 | ₹4,188 Cr | ▲ +5.1% | ₹382 Cr | 9.1% | ₹11.26 |
| Q2 FY26 | ₹3,986 Cr | ▲ +8.1% | ₹376 Cr | 9.4% | ₹11.07 |
| Q1 FY26 | ₹3,689 Cr | ▲ +12.8% | ₹317 Cr | 8.6% | ₹7.31 |
| Q4 FY25 | ₹3,269 Cr | ▼ −1.5% | ₹261 Cr | 8.0% | ₹8.54 |
| Q3 FY25 | ₹3,318 Cr | ▲ +9.7% | ₹216 Cr | 6.5% | ₹6.39 |
| Q2 FY25 | ₹3,026 Cr | — | ₹202 Cr | 6.7% | ₹6.43 |
Balance sheet — FY26
- Total assets₹14,881 Cr
- Total liabilities₹5,344 Cr
- Shareholders' equity₹9,538 Cr
- Total debt₹728 Cr
- Cash & investments₹1,095 Cr
- Current ratio1.61×
- Revenue growth, 5 yr28.60% a year
- EPS growth, 5 yr24.49% a year
- Operating margin (TTM)14.82%
- Net margin (TTM)11.25%
Cash flow — FY26
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY20–FY26
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 4,183.90 | 4,662.80 | 6,432.00 | 8,014.60 | 9,008.90 | 12,073.30 | 16,402.70 |
| Cost of revenue | 207.70 | 371.90 | 421.50 | 546.00 | 759.00 | 34.10 | 27.30 |
| Gross profit | 3,976.20 | 4,290.90 | 6,010.50 | 7,468.60 | 8,249.90 | 12,039.20 | 16,375.40 |
| Operating expenses | 3,639.40 | 4,083.30 | 5,557.30 | 7,043.40 | 7,859.00 | 10,779.10 | 14,264.20 |
| Operating income | 544.50 | 579.50 | 874.70 | 971.20 | 1,149.90 | 1,294.20 | 2,138.50 |
| Depreciation | 173.00 | 183.60 | 227.20 | 258.50 | 297.20 | 427.60 | 681.90 |
| Profit before tax | 595.40 | 596.20 | 861.50 | 951.20 | 1,069.80 | 1,296.10 | 1,932.80 |
| Tax | 127.80 | 130.20 | 146.80 | 206.10 | 220.90 | 332.60 | 258.30 |
| Net profit | 444.00 | 455.60 | 661.70 | 693.80 | 808.00 | 812.10 | 1,555.70 |
| EPS (₹) | 14.19 | 14.66 | 21.30 | 22.31 | 26.34 | 5.05 | 43.82 |
| Dividend per share (₹) | 6.20 | 2.60 | 10.40 | 12.80 | 15.20 | 15.20 | 12.00 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 3,439.80 | 3,503.30 | 4,954.40 | 5,683.40 | 6,107.70 | 12,490.70 | 14,881.40 |
| Current assets | 2,151.00 | 2,093.70 | 2,220.90 | 2,606.40 | 2,602.50 | 4,350.80 | 5,905.80 |
| Cash & short-term investments | 915.50 | 822.90 | 485.80 | 576.40 | 332.70 | 1,052.90 | 1,094.90 |
| Inventory | — | — | — | — | — | — | — |
| Property, plant & equipment | 480.80 | 451.80 | 601.40 | 686.60 | 762.90 | 1,126.00 | 1,251.40 |
| Total liabilities | 1,043.30 | 1,037.20 | 2,221.30 | 2,600.90 | 2,481.10 | 6,111.50 | 5,343.80 |
| Current liabilities | 794.20 | 842.50 | 1,179.20 | 1,739.30 | 1,531.50 | 2,737.50 | 3,669.40 |
| Total debt | 132.50 | 82.60 | 489.60 | 562.20 | 726.00 | 1,070.40 | 727.80 |
| Total equity | 2,396.50 | 2,466.10 | 2,733.10 | 3,082.50 | 3,626.60 | 6,379.20 | 9,537.60 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | 309.20 | 762.30 | 765.60 | 950.50 | 903.40 | 1,237.10 | 1,791.70 |
| From investing | 112.30 | −92.70 | −956.40 | −271.60 | −247.80 | −2,448.30 | −434.80 |
| From financing | −132.70 | −695.80 | −155.80 | −558.20 | −887.00 | 1,675.30 | −1,093.70 |
| Capital expenditure | −72.50 | −78.20 | −154.10 | −158.20 | −265.50 | −614.40 | −742.50 |
| Dividends paid | −146.90 | −68.60 | −315.20 | −353.40 | −466.40 | −497.60 | −527.70 |
| Net change in cash | 300.10 | −19.60 | −353.10 | 123.10 | −248.60 | 474.30 | 298.00 |
Coforge vs Peers
Side by side with other software & programming companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield |
|---|---|---|---|---|---|---|---|---|
| Coforge This stock | ₹1,784.00 | ▼ −0.22% | ₹79,017 Cr | 41.85 | 6.28 | 20.63% | 11.25% | 0.67% |
| Tata Consultancy Services | ₹2,083.95 | ▲ +0.33% | ₹7,53,991 Cr | 15.67 | 7.66 | 48.55% | 18.15% | 2.86% |
| Infosys | ₹1,000.95 | ▼ −0.81% | ₹4,06,209 Cr | 14.79 | 4.78 | 30.67% | 16.50% | 4.38% |
| HCL Technologies | ₹1,259.40 | ▲ +1.17% | ₹3,41,759 Cr | 18.81 | 4.35 | 23.46% | 12.97% | 4.98% |
| Tech Mahindra | ₹1,547.00 | ▲ +0.06% | ₹1,51,627 Cr | 27.90 | 5.20 | 16.03% | 8.72% | 3.24% |
| Billionbrains Garage Ventures | ₹188.15 | ▲ +0.83% | ₹1,18,038 Cr | 61.26 | 13.32 | — | 46.54% | — |
Peer prices and ratios as last reported by the data provider. Company names link to their own pages.
Coforge Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
Valuation The price against earnings, book value and sales
Profitability Of every ₹100 of sales, how much is kept?
Returns & efficiency How well does it use its money?
Growth Is the business getting bigger?
Financial strength Can it pay its bills and debts?
Per share What each share stands for
The share price is 6.28× the book value behind each share.
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
All 110 metrics from the data provider
Valuation
Per share
Margins
Growth
Financial strength
Returns & efficiency
Price & volume
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
- Dividend yield0.67%
- Payout ratio27.38%
- 5-year average dividend₹13.12 a share
- Latest dividend₹4.00 per share · 3 Aug 2026
Corporate calendar
- Upcoming · BoardQuarterly Results
- MeetingAnnual General Meeting
- Dividend₹4.00 per share · 200% · Interim dividend
- BoardQuarterly Results & Interim Dividend
- MeetingPostal Ballot
- BoardAudited Results & Interim Dividend
- MeetingPostal Ballot
- Dividend₹4.00 per share · 200% · Interim dividend
- MeetingPostal Ballot
Show 14 older events
- BoardQuarterly Results & Interim Dividend
- BoardPreferential issue of shares
- MeetingCOM
- Dividend₹4.00 per share · 200% · Interim dividend
- BoardQuarterly Results & Interim Dividend
- MeetingAnnual General Meeting
- Dividend₹4.00 per share · 200% · Interim dividend
- BoardQuarterly Results & Interim Dividend
- BoardOthers
- SplitStock split — face value ₹10 → ₹2
- Dividend₹19.00 per share · 190% · Interim dividend
- Dividend₹19.00 per share · 190% · Interim dividend
- Dividend₹19.00 per share · 190% · Interim dividend
- Dividend₹19.00 per share · 190% · Interim dividend
About Coforge
Software & Programming
Coforge Limited is an India-based artificial intelligence (AI)-native engineering services company. The Company is a digital services and solutions provider that leverages emerging technologies and domain expertise to deliver real-world business impact for its clients. The Company uses AI and hyperspecializes industry expertise to engineer autonomous enterprises. Its business process solutions is a disruptive AI-led business operations provider. Its AI-driven platforms include Quasar AI, Coforge Forge-X, EvolveOps.AI, and AIVA. It serves various industries, including banking & financial services; travel, transportation and hospitality; insurance; healthcare and life sciences, and public sector. Its geographical segments include Americas, Europe, Middle East, and Africa, Asia Pacific, and India. Its salesforce ecosystem includes Salesforce, and Mulesoft. Its digital process automation includes Appian, Pega, Mendix, and OutSystems. EvolveOps.AI, its autonomous IT operations platform.
Key people
- Sudhir SinghChief Executive Officer, Executive Director
- Saurabh GoelChief Financial Officer
- Barkha SharmaCompliance Officer, Company Secretary
- John SpeightExecutive Director
Company facts
- NSE symbolCOFORGE
- BSE code532541
- ISININE591G01025
- IndustrySoftware & Programming
- IndexNIFTY 500
- Market cap₹79,017 Cr
- Revenue (FY26)₹16,403 Cr
- Net profit (FY26)₹1,556 Cr
In the News
Recent headlines about Coforge — they open on Mint in a new tab.
- Coforge, Hexaware help clients manage AI token tab
AI adoption is running ahead of budgets, with some businesses using up a year’s tokens in months or even days. That is forcing IT firms such as Coforge and Hexaware to find cost-effective ways to run AI, and rethink how they price it for clients.
21 Sep 2026 · 5 min read · Mint ↗ - KEC International, Coforge shares jump up to 5% - What's behind the surge
KEC International shares surged over 5% following new orders worth ₹1,303 crore, covering projects in India, the Middle East, and Americas. Coforge shares gained 2.4% after board committee changes, prompted by the resignation of an independent director.
15 Sep 2026 · 3 min read · Mint ↗ - Coforge tasks Egon Zehnder to find independent director as next board chair
Coforge has hired Egon Zehnder to find two independent directors and a new chair after OP Bhatt and DK Singh resigned amid governance concerns. The company said the board turmoil will not affect business, highlighting strong large-deal momentum and its AI-led growth strategy.
14 Sep 2026 · 4 min read · Mint ↗ - Best of the Week: The Duo, the debut, and Apple's ₹3 lakh phone launch
From Coforge Chairman resignation, to BRICS in India, to the GDP paradox, and Honda comeback.
12 Sep 2026 · 10 min read · Mint ↗ - A green flag, a red flag and an exit: the 43-day board tussle at Coforge
Veteran banker Bhatt was set for five more years as Coforge chairman. Then, over 43 days, came an audit flag, a low board rating, opposition from the largest shareholder and a 3 am resignation. A look at what unfolded behind the boardroom doors
12 Sep 2026 · 6 min read · Mint ↗ - After chairman Bhatt, Coforge NRC chief Singh quits, cites differences in board
The country’s seventh-largest technology services firm announced Singh's resignation on Friday evening.
11 Sep 2026 · 4 min read · Mint ↗ - Experts call for intense evaluation of boards as Coforge chairman exits under a cloud
Bhatt's resignation from Coforge, linked to undisclosed findings in its board evaluation report, has put the spotlight on India's board practices. The Sebi-mandated exercise is often a formality rather than a rigorous assessment. Some advisory firms now push for deeper, more customized reviews.
11 Sep 2026 · 5 min read · Mint ↗ - Coforge eyes industry-leading growth. Will chairman’s exit derail the story?
Coforge’s strong deal wins, sustained execution and improving cash conversion have kept it in good stead. So far in 2026, the stock has fetched 11% returns, widely beating the 26% drop in the Nifty IT index.
10 Sep 2026 · 1 min read · Mint ↗
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