Cigniti Technologies Limited
NSE: CIGNITITEC · IT Enabled Services
Merged into Coforge Ltd. on 4 May 2026, ratio 1:1
Snapshot
Unlock Cigniti Technologies Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Cigniti Technologies Limited is a global provider of software testing and digital assurance services. The company specialises in quality engineering, test automation, and specialised assurance for emerging technologies like AI, IoT, and 5G across diverse industry verticals.
Business Model
The company generates revenue by providing specialised software testing, quality engineering, and digital assurance services to global enterprises on a project or managed services basis. It leverages a broad portfolio of testing frameworks and advisory services to ensure the reliability and performance of client applications.
Growth Outlook
Growth is driven by the increasing global demand for digital transformation, cloud migration, and the integration of AI and 5G technologies. The company continues to expand its service offerings in test advisory and transformation to capture higher-value enterprise contracts.
Key Risks
- Client Concentration. Significant reliance on a limited number of large enterprise clients can impact revenue stability if key contracts are terminated or reduced.
- Talent Attrition. The highly competitive IT services market poses a risk to retaining skilled software testing and quality engineering professionals.
- Technological Obsolescence. Rapid shifts in software development methodologies and testing technologies require constant investment to remain relevant and competitive.
- Geopolitical and Currency Risk. As a global provider, the company is exposed to fluctuations in foreign exchange rates and changes in international trade policies.
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Key Metrics
REVENUE
₹2,211 Cr
TTM · consolidated
NET PROFIT
₹302 Cr
TTM · consolidated
EPS
₹109.63
TTM · consolidated
RETURN ON EQUITY
31.1%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
58.1%
TTM · consolidated
P/E
11.5×
Q3 FY26 · consolidated
EBITDA MARGIN
27.6%
TTM · consolidated
NET PROFIT MARGIN
13.9%
Q3 FY26 · consolidated
DEBT TO EQUITY
0.0x
Q4 FY26 · consolidated
Peers · IT Enabled Services
| Company | Mkt Cap | P/E (TTM) | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Cigniti Technologies LimitedCIGNITITEC | ₹3,467 Cr | 11.5× | — | 14.0% | 27.6% | 31.1% | 58.1% | — |
Network People Services Technologies Ltd.NPST | ₹3,846 Cr | 79.0× | 49.21 | — | 33.4% | 16.4% | 21.8% | -8.8% |
BLS E-ServicesBLSE | ₹2,930 Cr | 50.4× | 27.90 | 71.2% | 8.6% | 14.0% | 17.4% | +75.1% |
Sasken Technologies LimitedSASKEN | ₹2,704 Cr | 37.6× | 18.05 | 68.1% | 12.4% | 8.8% | 11.1% | +22.3% |
Protean eGov Technologies LimitedPROTEAN | ₹2,584 Cr | 31.4× | 14.81 | 21.4% | 16.5% | 8.0% | 10.1% | -28.3% |
Zaggle Prepaid Ocean Services LimitedZAGGLE | ₹2,418 Cr | 17.7× | 10.80 | 44.5% | 10.9% | 9.8% | 13.1% | -49.5% |
As of Q3 FY26
Financials
Cigniti Technologies Limited
NSE: CIGNITITEC · IT Enabled Services
Merged into Coforge Ltd. on 4 May 2026, ratio 1:1
Snapshot
Unlock Cigniti Technologies Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Cigniti Technologies Limited is a global provider of software testing and digital assurance services. The company specialises in quality engineering, test automation, and specialised assurance for emerging technologies like AI, IoT, and 5G across diverse industry verticals.
Business Model
The company generates revenue by providing specialised software testing, quality engineering, and digital assurance services to global enterprises on a project or managed services basis. It leverages a broad portfolio of testing frameworks and advisory services to ensure the reliability and performance of client applications.
Growth Outlook
Growth is driven by the increasing global demand for digital transformation, cloud migration, and the integration of AI and 5G technologies. The company continues to expand its service offerings in test advisory and transformation to capture higher-value enterprise contracts.
Key Risks
- Client Concentration. Significant reliance on a limited number of large enterprise clients can impact revenue stability if key contracts are terminated or reduced.
- Talent Attrition. The highly competitive IT services market poses a risk to retaining skilled software testing and quality engineering professionals.
- Technological Obsolescence. Rapid shifts in software development methodologies and testing technologies require constant investment to remain relevant and competitive.
- Geopolitical and Currency Risk. As a global provider, the company is exposed to fluctuations in foreign exchange rates and changes in international trade policies.
Start your research today
Unlock AI insights, financials, peers and live data on Cigniti Technologies Limited and 5,000+ companies — free.
Key Metrics
REVENUE
₹2,211 Cr
TTM · consolidated
NET PROFIT
₹302 Cr
TTM · consolidated
EPS
₹109.63
TTM · consolidated
RETURN ON EQUITY
31.1%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
58.1%
TTM · consolidated
P/E
11.5x
Q3 FY26 · consolidated
EBITDA MARGIN
27.6%
TTM · consolidated
NET PROFIT MARGIN
13.9%
Q3 FY26 · consolidated
DEBT TO EQUITY
0.0x
Q4 FY26 · consolidated
Peers · IT Enabled Services
As of Q3 FY26