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Cigniti Technologies is a Hyderabad-based IT services firm specialising in independent software testing and quality engineering — test automation, performance testing and digital assurance for enterprise clients, largely in the US. Coforge acquired a majority stake in Cigniti in 2024, making it part of the Coforge group while it remains separately listed. Revenue is driven by time-and-material and managed testing-services contracts.
It is one of the few sizeable listed pure-play software testing companies globally.
Cigniti Technologies Ltd. is a constituent of NIFTY MICROCAP 250. See where it sits on the market heatmap →
Consolidated annual figures taken from Cigniti Technologies Ltd.'s own filed statements — not estimates, and not restated by us. The most recent period shown is FY25 (year ended 31 Mar 2025).
| Metric | FY25 | FY24 | FY23 |
|---|---|---|---|
| EPS (basic, ₹) | 72.77 | 60.68 | 61.32 |
| Book value / share (₹) | 351.59 | 270.36 | — |
| Return on equity | 20.8% | 22.4% | — |
| Return on capital employed | 53.1% | 62.0% | — |
| Operating margin | 26.1% | 26.3% | 12.8% |
| Net margin | 9.9% | 9.1% | 10.2% |
| EBITDA | ₹560 Cr | ₹508 Cr | ₹238 Cr |
| Free cash flow | ₹146 Cr | ₹124 Cr | ₹144 Cr |
| Total debt | ₹0 Cr | ₹35 Cr | — |
| Debt to equity | 0.00 | 0.05 | — |
| Interest coverage | 1.7 | 1.6 | 48.1 |
| Current ratio | 4.39 | 3.67 | — |
| Shares outstanding | 2,73,97,000 | 2,73,00,100 | — |
Open the full income statement, balance sheet and cash flow for CIGNITITEC →
As disclosed for the quarter ended 31 Mar 2026.
Institutional ownership changes quarter to quarter. See daily FII and DII flows across the market →
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