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Coforge

  • Market Cap: Large Cap
  • Industry: IT - Software
  • ISIN: INE591G01017
  • NSEID: COFORGE
  • BSEID: 532541
INR
6,401.00
64.2 (1.01%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 11.69 lacs

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationUpcoming Result: Coforge will declare its result soon on 05 May 2025
stock-summaryPrice Point
High/Low

1Day

6,320.006,598.35

52 Week

4,291.0510,017.95
Valuation
Technical
Day's Volume

CASH

11.69 lacs (23.82%) Volume

Shareholding (Dec 2024)

FII

42.55%

Held by 501 FIIs

DII

47.86%

Held by 60 DIIs

Promoter

0.00%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 20.77%

  • Healthy long term growth as Net Sales has grown by an annual rate of 22.45%
  • Company has a low Debt to Equity ratio (avg) at 0 times
2

Positive results in Dec 24

3

Stock is technically in a Mildly Bearish range

4

With ROE of 13.2, it has a Very Expensive valuation with a 7.1 Price to Book Value

5

High Institutional Holdings at 90.41%

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

IT - Software

stock-summary
Market cap

INR 42,809 Cr (Large Cap)

stock-summary
P/E

55.00

stock-summary
Industry P/E

26

stock-summary
Dividend Yield

1.18%

stock-summary
Debt Equity

-0.12

stock-summary
Return on Equity

13.18%

stock-summary
Price to Book

7.09

Revenue and Profits (1 Year):
Net Sales:
3,318 Cr
(Quarterly Results - Dec 2024)
Net Profit:
216 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1.18%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-12.93%
0.25%
-12.68%
1 Year
12.33%
1.52%
13.85%
2 Years
59.6%
3.69%
63.29%
3 Years
48.46%
5.74%
54.2%
4 Years
102.03%
7.79%
109.82%
5 Years
476.17%
17.40%
493.57%

Latest dividend: 19 per share ex-dividend date: Jan-30-2025

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
22.45%
EBIT Growth (5y)
15.79%
EBIT to Interest (avg)
16.50
Debt to EBITDA (avg)
0.44
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.91
Tax Ratio
25.20%
Dividend Payout Ratio
56.36%
Pledged Shares
0
Institutional Holding
90.41%
ROCE (avg)
29.92%
ROE (avg)
20.77%
Valuation key factors
Factor
Value
P/E Ratio
55
Industry P/E
26
Price to Book Value
7.09
EV to EBIT
37.32
EV to EBITDA
27.17
EV to Capital Employed
7.91
EV to Sales
3.74
PEG Ratio
NA
Dividend Yield
1.18%
ROCE (Latest)
21.15%
ROE (Latest)
13.18%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

FIIs

Pledged Promoter Holdings

None

Mutual Funds

Held by 45 Schemes (35.8%)

FIIs

Held by 501 FIIs (42.55%)

Promoter with highest holding

Hulst B.v. (0.0%)

Highest Public shareholder

Motilal Oswal Midcap Fund (8.06%)

Individual Investors Holdings

6.55%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 8.36% vs 27.55% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 6.58% vs 51.80% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,318.20",
          "val2": "3,062.30",
          "chgp": "8.36%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "443.00",
          "val2": "411.90",
          "chgp": "7.55%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "32.50",
          "val2": "30.40",
          "chgp": "6.91%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "215.50",
          "val2": "202.20",
          "chgp": "6.58%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.35%",
          "val2": "13.45%",
          "chgp": "-0.10%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 21.48% vs 18.70% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -3.15% vs -1.28% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "5,463.10",
          "val2": "4,497.20",
          "chgp": "21.48%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "705.20",
          "val2": "646.90",
          "chgp": "9.01%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "62.90",
          "val2": "54.00",
          "chgp": "16.48%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "335.40",
          "val2": "346.30",
          "chgp": "-3.15%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.91%",
          "val2": "14.38%",
          "chgp": "-1.47%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 28.75% vs 16.70% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -5.72% vs 0.92% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "8,781.30",
          "val2": "6,820.50",
          "chgp": "28.75%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,148.20",
          "val2": "1,042.00",
          "chgp": "10.19%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "95.40",
          "val2": "88.60",
          "chgp": "7.67%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "550.90",
          "val2": "584.30",
          "chgp": "-5.72%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.08%",
          "val2": "15.28%",
          "chgp": "-2.20%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 14.53% vs 24.61% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 16.46% vs 4.85% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "9,179.00",
          "val2": "8,014.60",
          "chgp": "14.53%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,427.70",
          "val2": "1,280.70",
          "chgp": "11.48%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "125.60",
          "val2": "80.60",
          "chgp": "55.83%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "11.60",
          "val2": "-52.30",
          "chgp": "122.18%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "808.00",
          "val2": "693.80",
          "chgp": "16.46%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.55%",
          "val2": "15.98%",
          "chgp": "-0.43%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
3,318.20
3,062.30
8.36%
Operating Profit (PBDIT) excl Other Income
443.00
411.90
7.55%
Interest
32.50
30.40
6.91%
Exceptional Items
0.00
0.00
Consolidate Net Profit
215.50
202.20
6.58%
Operating Profit Margin (Excl OI)
13.35%
13.45%
-0.10%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 8.36% vs 27.55% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 6.58% vs 51.80% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
5,463.10
4,497.20
21.48%
Operating Profit (PBDIT) excl Other Income
705.20
646.90
9.01%
Interest
62.90
54.00
16.48%
Exceptional Items
0.00
0.00
Consolidate Net Profit
335.40
346.30
-3.15%
Operating Profit Margin (Excl OI)
12.91%
14.38%
-1.47%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 21.48% vs 18.70% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -3.15% vs -1.28% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
8,781.30
6,820.50
28.75%
Operating Profit (PBDIT) excl Other Income
1,148.20
1,042.00
10.19%
Interest
95.40
88.60
7.67%
Exceptional Items
0.00
0.00
Consolidate Net Profit
550.90
584.30
-5.72%
Operating Profit Margin (Excl OI)
13.08%
15.28%
-2.20%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 28.75% vs 16.70% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -5.72% vs 0.92% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
9,179.00
8,014.60
14.53%
Operating Profit (PBDIT) excl Other Income
1,427.70
1,280.70
11.48%
Interest
125.60
80.60
55.83%
Exceptional Items
11.60
-52.30
122.18%
Consolidate Net Profit
808.00
693.80
16.46%
Operating Profit Margin (Excl OI)
15.55%
15.98%
-0.43%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 14.53% vs 24.61% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 16.46% vs 4.85% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Coforge Ltd stock-summary
stock-summary
Coforge Ltd
Large Cap
IT - Software
Coforge Limited was originally incorporated as Public Limited Company on May 13th, 1992 under the name 'NIIT Technologies Limited'. On 14 June 2020, Shareholders of the Company approved the proposed change in name of the Company from "NIIT Technologies Limited" to "Coforge Limited" and consequently, name of the Company was changed from "NIIT Technologies Limited" to "Coforge Limited" w.e.f. 03 August 2020.
Company Coordinates stock-summary
Company Details
8 Balaji Estate 3rd Floor, Guru Ravi Das Marg Kalkaji New Delhi New Delhi : 110019
stock-summary
Tel: 91-11-41675000
stock-summary
http://www.coforge.com
stock-summary
investors@niit-tech.com
Registrar Details
Alankit Assignments Ltd , Alankit House , 2 E/21, Jhandewala Extension, New Delhi
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