Coforge financials

Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹6,171cr+54.8% on Q2 FY26
Net profit
₹605cr+42.2% on Q2 FY26
EBITDA margin
19.8%+1.4 pts on Q2 FY26
EPS
₹13.29+18.6% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue6,1713,986+54.8%
EBITDA1,223733+67.0%
EBITDA margin19.8%18.4%+1.4 pts
Profit before tax799558+43.1%
Net profit605425+42.2%
EPS₹13.29₹11.21+18.6%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹6,171 crNet profit₹605 crNet margin9.8%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
65,920————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
1,8281,094941321570
1751431,95010087.4
400400701437338
64,667————
20,33716,40312,0519,1798,015
—+36.1%+31.3%+14.5%—
3,8882,9361,6941,4281,281
19.1%17.9%14.1%15.6%16.0%
3,0112,2541,2661,1091,022
2,1001,745936836745
10.3%10.6%7.8%9.1%9.3%
₹66.75₹46.60₹24.17₹24.05₹20.65
—+92.8%+0.5%+16.5%—
—1,7921,237903951
—−743−614−266−158
1,0491,049623638792
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

COFORGE₹1,961.90

Coforge Ltd.

· Technology
₹ CrorePeersPERSISTENTMPHASISOFSSKPITTECHTATAELXSILTMWIPROTECHMMcap ₹65,920 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————65,919.8
- Cash, Equiv & ST Investments569.9321.3941.31,093.61,827.9
+ Minority Interest87.4100.31,949.8143.0175.1
+ Total Debt338.2436.6700.5399.7399.7
Enterprise Value————64,666.7
Revenue8,014.69,179.012,050.716,402.720,337.0
Growth %, YoY—+14.5+31.3+36.1—
EBITDA1,280.71,427.71,693.72,936.13,887.9
Margin %15.9815.5514.0517.9019.12
EBIT1,022.21,109.11,266.12,254.23,011.0
Net Income745.1835.6936.11,744.72,099.5
Margin %9.309.107.7710.6410.32
EPS, Adj (current shares)20.6524.0524.1746.6066.75
Growth %, YoY—+16.5+0.5+92.8—
Cash from Operations950.5903.41,237.11,791.7—
Capital Expenditures-158.2-265.5-614.4-742.5—
Free Cash Flow792.3637.9622.71,049.21,049.2
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Coforge financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Coforge (NSE: COFORGE) had a market capitalisation of ₹86,917 crore at the 29 October 2026 close (₹1,962.00 a share), a PE ratio of 38.8 on the last four quarters' profit and a price-to-book ratio of 3.89. In FY26 its consolidated net profit attributable to shareholders was ₹1,566 crore on revenue of ₹16,403 crore; in Q2 FY27 (July–September 2026) it was ₹902 crore, up 140.0% year on year. Its debt-to-equity ratio was 0.25 on 30 September 2026.

Coforge Q2 FY27 results
filed 23 October 2026
Share price used
₹1,962.00 · 29 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

Coforge at a glance · consolidated

Market cap
₹86,917 Crat ₹1,962.00 · 29 Oct close
PE ratio (last 4 quarters)
38.855.5 on FY26 profit
Price to book (PB)
3.89book value ₹504.78 a share
ROE (FY26)
19.7%+3.4 pts vs FY25ROCE 21.5%
Debt to equity
0.25net debt ₹3,765 Cr
FII holding
24.76%+0.5 pts vs 30 Jun 2026no promoter group
Net worth
₹22,362 Cr+224.3% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
₹1,049 Cr+68.5% vs FY25
EPS (FY26)
₹46.44

Questions

What is the Coforge PE ratio today?

Coforge's PE ratio is 38.8 at the 29 October 2026 close (₹1,962.00 a share): a market capitalisation of ₹86,917 crore divided by consolidated net profit attributable to shareholders of ₹2,243 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹1,566 crore) it is 55.5.

What is the Coforge PB ratio (price to book value)?

Coforge's price-to-book (PB) ratio is 3.89 at the 29 October 2026 close: a market capitalisation of ₹86,917 crore divided by shareholders' equity (book value) of ₹22,362 crore on 30 September 2026. That is a book value of ₹504.78 per share against a share price of ₹1,962.00.

What is the Coforge net worth?

Coforge's net worth — shareholders' equity in its consolidated balance sheet — was ₹22,362 crore on 30 September 2026, up 224.3% from ₹6,895 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹86,917 crore at the 29 October 2026 close.

What is the Coforge market cap?

Coforge's market capitalisation was ₹86,917 crore at the 29 October 2026 close: 44.3 crore shares at ₹1,962.00 each.

Is Coforge debt free?

No. Coforge had borrowings of ₹5,646 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.25. Its cash and current investments were ₹1,881 crore, so its net debt was ₹3,765 crore.

What is the Coforge debt to equity ratio?

Coforge's debt-to-equity ratio was 0.25 on 30 September 2026: borrowings of ₹5,646 crore against total equity of ₹22,537 crore. A year earlier, on 30 September 2025, it was 0.07.

What is the Coforge ROE and ROCE?

In FY26, Coforge's return on equity (ROE) was 19.7% and its return on capital employed (ROCE) was 21.5%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 16.2% and ROCE 17.7%.

What is the Coforge shareholding pattern?

On 30 September 2026, Coforge's shares were held by foreign portfolio investors (FII/FPI) 24.76%, domestic institutions (DII) 43.79% (including mutual funds at 32.13%) and retail and other non-institutional investors 31.46%. Over the year, FII holding was down 9.33 percentage points from 34.09% and DII holding was down 11.08 percentage points from 54.87%.

What is the Coforge revenue and profit in FY26?

In FY26 (April 2025–March 2026), Coforge's consolidated net profit attributable to shareholders was ₹1,566 crore, up 92.8% from ₹812 crore in FY25, on revenue from operations of ₹16,403 crore (up 36.1%). Over three years, from FY23, net profit was up 125.7%.

What is the Coforge book value per share?

Coforge's book value per share was ₹504.78 on 30 September 2026: shareholders' equity of ₹22,362 crore divided by the 44.3 crore shares in issue. The share price at the 29 October 2026 close was ₹1,962.00.

What is the Coforge promoter holding?

Coforge has no promoter group: on 30 September 2026 promoters held 0% of its shares, according to the shareholding pattern filed with NSE. Foreign portfolio investors held 24.76% and domestic institutions 43.79%.

What is the Coforge free cash flow?

In FY26, Coforge generated ₹1,792 crore of cash from operations and spent ₹743 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹1,049 crore. In FY25 it was ₹623 crore.

What is the Coforge EPS?

Coforge's basic earnings per share (EPS) were ₹46.44 in FY26.

What is the Coforge dividend in 2026 and its record date?

In 2026, Coforge has declared two dividends totalling ₹8 a share: ₹4 (interim) with record date 31 January 2026 and ex-date 30 January 2026 and ₹4 (interim) with record date 3 August 2026.

When are the Coforge next results?

Coforge has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

What are the Coforge latest quarterly results?

Coforge's latest results are for Q2 FY27 (July–September 2026), filed on 23 October 2026: consolidated net profit attributable to shareholders ₹902 crore, up 140.0% from ₹376 crore in Q2 FY26; revenue from operations ₹6,171 crore, up 54.8% year on year.

How does the Coforge PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Coforge's PE ratio is 55.5, the highest of the four: Persistent Systems 49.7, MphasiS 26.2 and Oracle Financial Services Software 32.8, a peer average of 36.3. Each is the company's market capitalisation at that price divided by its FY26 net profit.

Coforge vs Persistent Systems: how do they compare?

In FY26, Coforge earned net profit attributable to shareholders of ₹1,566 crore on revenue of ₹16,403 crore, against ₹1,865 crore on ₹14,748 crore for Persistent Systems. Coforge's operating margin was 13.7% (Persistent Systems 16.2%) and its return on equity 19.7% (Persistent Systems 26.4%). At the 29 October 2026 close, Coforge's market capitalisation was ₹86,917 crore against ₹92,757 crore for Persistent Systems, and its PE ratio on FY26 profit 55.5 against 49.7.

How does Coforge compare with its peers?

On FY26 consolidated figures, against Persistent Systems, MphasiS and Oracle Financial Services Software: Coforge's operating margin of 13.7% is the lowest of the four (Persistent Systems 16.2%, MphasiS 15.3%, Oracle Financial Services Software 44.5%; peer average 25.3%); its return on equity of 19.7% is the third highest of the four (Persistent Systems 26.4%, MphasiS 18.3%, Oracle Financial Services Software 32.6%; peer average 25.8%); its revenue growth over three years of 27.0% a year is the highest of the four (Persistent Systems 20.9% a year, MphasiS 4.8% a year, Oracle Financial Services Software 10.4% a year; peer average 12.0% a year).

Where do these Coforge figures come from?

From Coforge's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.