Coforge cash flow

Latest FY26

Cash from operations: ₹1,792cr+44.8% on FY25
Capital spending: ₹743cr+20.8% on FY25
Free cash flow: ₹1,049cr+68.5% on FY25
Cash from financing: −₹1,094cr₹1,675 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	682	468	319	259
	—	34.0	6.8	10.4	0.0
	—	0.0	131	121	76.8
	—	−37.1	−21.6	−13.5	−11.6
	—	0.0	−84.6	−12.4	−4.6
	—	191	170	81.0	54.4
	—	−0.3	0.0	0.0	0.0
	—	0.0	0.0	0.0	1.3
	—	−34.6	−63.6	23.2	0.0
	—	−1,552	−743	−167	−213
	—	102	−45.0	−10.8	−48.7
	—	68.5	−373	−202	0.0
	—	610	168	173	17.5
	—	152	51.1	0.0	110
	—	−43.0	673	−95.7	0.0
	—	0.0	0.0	0.0	37.9
Cash from operating activities
	2,510	1,933	1,296	1,045	951
	—	173	337	225	279
	—	2,106	1,633	1,270	1,231
	—	−158	0.0	0.0	0.0
	—	−33.4	0.0	0.0	0.0
	—	439	396	366	280
	—	1,792	1,237	903	951
Cash from investing activities
	—	743	614	266	158
	—	147	57.2	5.7	4.5
	—	155	0.0	0.0	0.0
	—	321	2,081	0.0	122
	—	300	0.0	0.0	0.0
	—	26.0	71.4	12.0	4.3
	—	0.0	119	0.0	0.0
	—	−435	−2,448	−248	−272
Cash from financing activities
	—	0.0	2,202	0.7	1.8
	—	0.3	0.0	0.0	0.0
	—	11.4	18.4	352	0.0
	—	198	604	96.7	−18.0
	—	515	372	0.0	0.0
	—	105	86.6	0.0	42.1
	—	—	—	48.0	0.0
	—	117	144	106	71.4
	—	543	510	478	429
	—	−0.3	0.0	0.0	0.0
	—	−1,094	1,675	−887	−558
	—	263	464	−231	121
	—	34.8	10.2	−17.2	2.4
	—	298	474	−249	123
	—	1,094	796	321	570
Reference items
	3,888	2,936	1,694	1,428	1,281
	19.1%	17.9%	14.1%	15.6%	16.0%
	1,049	1,049	623	638	792
	—	632	743	630	—
	₹31.23	₹31.23	₹18.53	₹18.99	₹23.58
	62.83×	—	—	—	—
	—	1.03×	1.32×	1.08×	1.28×
	—	439	396	366	280
	—	117	144	106	71.4

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

alphave

COFORGE₹1,962.00

Coforge Ltd.

· Technology

₹ CrorePeersPERSISTENT MPHASIS OFSS KPITTECH TATAELXSI LTM WIPRO TECHMMcap ₹65,923 Cr

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In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	258.5	318.6	468.3	681.9	—
+ Impairment Loss / (Reversal)	0.0	10.4	6.8	34.0	—
+ Finance Costs	76.8	120.5	130.5	0.0	—
+ Interest Income	-11.6	-13.5	-21.6	-37.1	—
+ Dividend Income	-4.6	-12.4	-84.6	0.0	—
+ Share-based Payments	54.4	81.0	170.0	190.9	—
+ Other Non-cash Items	0.0	0.0	0.0	-0.3	—
+ Other — Cash Effects are Investing / Financing	1.3	0.0	0.0	0.0	—
+ Other Reconciling Items	0.0	23.2	-63.6	-34.6	—
Changes in Working Capital
+ Trade Receivables — Current	-212.6	-166.8	-742.5	-1,551.6	—
+ Other Financial Assets — Current	-48.7	-10.8	-45.0	102.0	—
+ Other Current Assets	0.0	-202.4	-373.3	68.5	—
+ Trade Payables — Current	17.5	172.5	168.0	609.7	—
+ Other Financial Liabilities — Current	110.4	0.0	51.1	152.3	—
+ Other Current Liabilities	0.0	-95.7	672.8	-43.0	—
+ Provisions — Current	37.9	0.0	0.0	0.0	—
Cash from Operating Activities
Profit Before Tax (per I/S)	951.2	1,044.9	1,296.1	1,932.8	2,510.2
+ Total Adjustments (incl. Working Capital)	279.3	224.6	336.9	172.7	—
Cash from Operations (pre-tax)	1,230.5	1,269.5	1,633.0	2,105.5	—
+ Interest Paid — Operating	0.0	0.0	0.0	-158.1	—
+ Dividends Received — Operating	0.0	0.0	0.0	-33.4	—
+ Income Taxes Paid	280.0	366.1	395.9	438.5	—
Cash from Operating Activities	950.5	903.4	1,237.1	1,791.7	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	158.2	265.5	614.4	742.5	—
+ Disp of Fixed Assets	4.5	5.7	57.2	147.4	—
+ Disp of Investment Property	0.0	0.0	0.0	155.1	—
+ Acq of Subsidiaries / Businesses (net)	122.2	0.0	2,081.0	320.6	—
+ Disp of Subsidiaries / Businesses (net)	0.0	0.0	0.0	299.8	—
+ Interest Received — Investing	4.3	12.0	71.4	26.0	—
+ Other Inflows / (Outflows) — Investing	0.0	0.0	118.5	0.0	—
Cash from Investing Activities	-271.6	-247.8	-2,448.3	-434.8	—
Cash from Financing Activities
+ Proceeds from Issue of Shares	1.8	0.7	2,201.5	0.0	—
+ Proceeds — Change in Ownership of Subsidiaries	0.0	0.0	0.0	0.3	—
+ Payments — Change in Ownership of Subsidiaries	0.0	352.3	18.4	11.4	—
+ Proceeds from Borrowings	-18.0	96.7	603.9	197.6	—
+ Repayment of Borrowings	0.0	0.0	371.6	515.4	—
+ Payment of Lease Liabilities	42.1	0.0	86.6	104.8	—
+ Payment of Finance Lease Liabilities	0.0	48.0	—	—	—
+ Interest Paid	71.4	106.0	143.8	116.9	—
+ Dividends Paid	428.5	478.1	509.7	542.8	—
+ Other Inflows / (Outflows) — Financing	0.0	0.0	0.0	-0.3	—
Cash from Financing Activities	-558.2	-887.0	1,675.3	-1,093.7	—
Net Changes in Cash (pre-FX)	120.7	-231.4	464.1	263.2	—
+ Effect of FX Rate Changes on Cash	2.4	-17.2	10.2	34.8	—
Net Changes in Cash	123.1	-248.6	474.3	298.0	—
Closing Cash	569.9	321.3	795.6	1,093.6	—
Reference Items
EBITDA	1,280.7	1,427.7	1,693.7	2,936.1	3,887.9
EBITDA Margin %	15.98	15.55	14.05	17.90	19.12
Free Cash Flow (CFO − Capex)	792.3	637.9	622.7	1,049.2	1,049.2
Free Cash Flow to Equity	—	630.3	742.8	631.5	—
Free Cash Flow per Basic Share	23.58	18.99	18.53	31.23	31.23
Price to Free Cash Flow	—	—	—	—	62.83
Cash Flow to Net Income	1.28	1.08	1.32	1.03	—
Cash Paid for Taxes	280.0	366.1	395.9	438.5	—
Cash Paid for Interest	71.4	106.0	143.8	116.9	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. 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%.