Coforge Ltd.
NSE: COFORGE · Computers - Software & Consulting
Includes predecessor: Cigniti Technologies Limited (till 4 May 2026)
Snapshot
Unlock Coforge Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Coforge Limited is an IT services provider offering digital process automation, cloud infrastructure management, and cybersecurity solutions. The company serves a diverse range of industries including insurance, travel, banking, and healthcare across global markets.
Business Model
The company generates revenue through IT consulting, application engineering, and business process solutions delivered via strategic alliances and global service centres. It focuses on digital transformation services, leveraging AI, data engineering, and cloud integration to support enterprise operations.
- Incorporation Year:1992
Growth Outlook
Growth is driven by the increasing demand for digital process automation, AI-led analytics, and cybersecurity services across its core verticals. Strategic partnerships with technology providers like Kong Inc. and Newgen Software further enhance its service capabilities and market reach.
Key Risks
- Client Concentration. Significant revenue dependency on the travel and insurance sectors may expose the company to industry-specific cyclical downturns.
- Talent Retention. The highly competitive IT services market poses risks related to the attrition of skilled professionals in niche technology domains.
- Geopolitical and Currency Risk. As a global provider, the company is susceptible to fluctuations in foreign exchange rates and changes in international trade policies.
- Technological Obsolescence. Failure to rapidly adapt to emerging technologies like generative AI and advanced cloud architectures could erode the company's competitive advantage.
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Key Metrics
REVENUE
₹20,337 Cr
TTM · consolidated
NET PROFIT
₹2,100 Cr
TTM · consolidated
EPS
₹51.31
TTM · consolidated
RETURN ON EQUITY
14.4%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
14.0%
TTM · consolidated
P/E
40.9×
Q2 FY27 · consolidated
EV/EBITDA
23.8x
Q2 FY27 · consolidated
EBITDA MARGIN
19.5%
TTM · consolidated
NET PROFIT MARGIN
9.8%
Q2 FY27 · consolidated
DEBT TO EQUITY
0.2x
Q2 FY27 · consolidated
Peers · Computers - Software & Consulting
| Company | Mkt Cap | P/E (TTM) | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Coforge Ltd.COFORGE | ₹90,589 Cr | 40.9× | 23.75 | 42.6% | 19.5% | 14.4% | 14.0% | +18.0% |
Persistent Systems Ltd.PERSISTENT | ₹95,407 Cr | 52.5× | 31.26 | 27.1% | 17.9% | 22.9% | 29.0% | +2.3% |
MphasiS Ltd.MPHASIS | ₹48,226 Cr | 25.6× | 14.39 | 13.7% | 20.6% | 18.8% | 25.1% | -7.3% |
Hexaware Technologies LtdHEXT | ₹30,661 Cr | 21.6× | 11.82 | 13.5% | 16.5% | 22.4% | 26.7% | -27.6% |
Tata Elxsi Ltd.TATAELXSI | ₹23,614 Cr | 35.2× | 21.57 | 10.0% | 27.0% | 23.9% | 30.3% | -30.6% |
KPIT Technologies Ltd.KPITTECH | ₹14,536 Cr | 27.1× | 11.19 | 9.2% | 18.7% | 15.4% | 20.4% | -54.4% |
As of Q2 FY27
Financials
Coforge Ltd.
NSE: COFORGE · Computers - Software & Consulting
Includes predecessor: Cigniti Technologies Limited (till 4 May 2026)
Snapshot
Unlock Coforge Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Coforge Limited is an IT services provider offering digital process automation, cloud infrastructure management, and cybersecurity solutions. The company serves a diverse range of industries including insurance, travel, banking, and healthcare across global markets.
Business Model
The company generates revenue through IT consulting, application engineering, and business process solutions delivered via strategic alliances and global service centres. It focuses on digital transformation services, leveraging AI, data engineering, and cloud integration to support enterprise operations.
- Incorporation Year:1992
Growth Outlook
Growth is driven by the increasing demand for digital process automation, AI-led analytics, and cybersecurity services across its core verticals. Strategic partnerships with technology providers like Kong Inc. and Newgen Software further enhance its service capabilities and market reach.
Key Risks
- Client Concentration. Significant revenue dependency on the travel and insurance sectors may expose the company to industry-specific cyclical downturns.
- Talent Retention. The highly competitive IT services market poses risks related to the attrition of skilled professionals in niche technology domains.
- Geopolitical and Currency Risk. As a global provider, the company is susceptible to fluctuations in foreign exchange rates and changes in international trade policies.
- Technological Obsolescence. Failure to rapidly adapt to emerging technologies like generative AI and advanced cloud architectures could erode the company's competitive advantage.
Start your research today
Unlock AI insights, financials, peers and live data on Coforge Ltd. and 5,000+ companies — free.
Key Metrics
REVENUE
₹20,337 Cr
TTM · consolidated
NET PROFIT
₹2,100 Cr
TTM · consolidated
EPS
₹51.31
TTM · consolidated
RETURN ON EQUITY
14.4%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
14.0%
TTM · consolidated
P/E
40.9x
Q2 FY27 · consolidated
EV/EBITDA
23.8x
Q2 FY27 · consolidated
EBITDA MARGIN
19.5%
TTM · consolidated
NET PROFIT MARGIN
9.8%
Q2 FY27 · consolidated
DEBT TO EQUITY
0.2x
Q2 FY27 · consolidated
Peers · Computers - Software & Consulting
As of Q2 FY27