Coforge Share Price

Coforge Share Price

NSE: COFORGE | BSE: 532541 | IT - Software

63% Buy

₹8,426.00

-₹35.00 (-0.41%) Last updated on 16 May, 2025 | 15:58 IST

Coforge Overview

Market cap
Market Cap Switch₹56,352 Crs
Open
₹8,480.00
Prev. Close
₹8,461.00
Circuit range
₹9,268.50 - ₹7,583.50
Day range
₹8,410.00 - ₹8,499.50
Year range
₹4,703.00 - ₹10,026.80
Volume
2,37,346
Avg. traded
₹8,443.08
Revenue (12m)
₹12,131 Crs

About Coforge

Coforge Limited is an IT solutions company specialising in application development, cloud computing and outsourcing business processes. Founded in 1992, it is headquartered in Noida. The company was earlier known as NIIT Technologies Limited. In August 2020, it changed its name to Coforge Limited.

The market capitalisation of Coforge Limited is over ₹36,700 crore as of December 29, 2023. Coforge share price has gained over 110% in three years.

Business operations

Coforge Limited caters to various sectors including financial services, insurance, travel, transportation, logistics, manufacturing and distribution. Operating globally, the company serves clients in North and South America, Europe, Middle East, Asia and Australia.

Coforge is a leader in its sector and harnesses cloud, data integration and automation technologies to reshape businesses. Operating across 21 countries, the company has 26 delivery centres spread across nine countries.

The IT company boasts an impressive track record, with over 250 global clients. Coforge operates with a workforce of 23,000 employees and has over 30 sales and delivery offices worldwide.

The company specialises in delivering business solutions tailored to specific industry sectors like banking & financial services, insurance, travel, transport and hospitality.

Its products, solutions and services are backed by partnerships with top-tier software providers like Microsoft, Amazon Web Services (AWS), Google, Appian, Salesforce and Duck Creek.

It has collaborated with Google across the APAC region, enhancing its ability to offer Google Cloud platform-based solutions to its clients. Coforge also achieved accreditation from AWS as a public sector partner, enabling it to tailor cloud-based solutions specifically for customers in government and non-profit sectors on AWS platforms.

Its partnership milestones include attaining the Azure Expert Managed Service Provider tier with Microsoft and initiating a partnership with Sysdig, a leading cloud and container security provider. This collaboration resulted in the launch of the company's container security and monitoring services.

Coforge also formed new alliances with Databricks, a cloud data and AI company, and Newgen, a global low-code digital transformation platform provider.

Subsidiaries of the company include NIIT GIS, NIIT SmartServe, NIIT Technologies Services and NIIT Technologies GmbH in Germany.

In the field of artificial intelligence, Coforge has built its own AI Engine which has been named Quasar Responsible AI. The AI Engine plays a crucial role in detecting and explaining biases within datasets. Coforge is at the forefront of helping companies integrate AI responsible with top security and compliance.

The company acquired Spanish software firm Proyecta Sistemas de Informacion S.A in 2011 for an undisclosed amount. The deal helped Coforge expand to Spanish-speaking countries in South Africa.

The total number of employees in Coforge Limited as of March 31, 2023, was 23,224.

Financial highlights

Coforge Limited's revenue from operations for FY23 stood at ₹8,014.6 crore, up 24.6% from ₹6,432 crore in FY22. The company recorded a net profit of ₹745.1 crore in FY23 against ₹714.7 crore in FY22. In FY23, the earnings before interest, tax, depreciation and amortisation (EBITDA) increased to ₹13,250 crore from the previous year's ₹11,154 crore. The company's earnings per share (EPS) stood at ₹113.77 in FY23 compared to ₹109.02 in the previous financial year.

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Coforge Share Price Chart

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Coforge Key Indicators

P/E ratio
69.68
P/B ratio
8.04
ROE
34.22%
ROCE
34.55%
Dividend yield
1.03%
Debt/Equity ratio
0.1
EPS
160.49

Investment Checklist: (4/6)

passed

Equity returns

not passed

Dividend returns

passed

Safety factor

passed

Growth factor

passed

Debt vs Equity

NA

Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst Ratings:

Buy

Buy

63%

Hold

17%

Sell

20%

This analysis is based on the reviews of 30 experts in the last 7 days

Coforge Financial Ratios

  • Profitability

  • Operational

  • Valuation

Operating profit margin

26.18%

Net profit margin

20.45%

ROE

34.22%

ROA

21.07%

ROCE

34.55%

Coforge Shareholder returns

1 day
-0.41%
1 week
+9.70%
1 month
+31.49%
3 months
+8.12%
1 year
+80.01%
3 years
+121.99%
5 years
+520.17%

Revenue Statement

All values are in ₹ Crores (Cr)
RevenueNo Sort
Operating ProfitNo Sort
Net ProfitNo Sort
Mar-24
9,179.00
1,489.00
835.60
Mar-23
8,014.60
1,342.60
745.10
Mar-22
6,432.00
1,153.70
714.70
Mar-21
4,662.80
812.10
466.00

Cash Flow

All values are in ₹ Crores (Cr)
OperatingNo Sort
InvestingNo Sort
FinancingNo Sort
Mar-24
903.40
-247.8
-887.00
Mar-23
950.50
-271.6
-558.20
Mar-22
765.60
-956.4
-155.80
Mar-21
762.30
-92.7
-695.80

Balance Sheet

All values are in ₹ Crores (Cr)
Total AssetNo Sort
Total LiabilityNo Sort
Mar-24
7,296.80
3,569.90
Mar-23
6,718.90
3,549.00
Mar-22
5,889.80
3,058.40
Mar-21
4,222.20
1,756.10

Coforge Share Price History

DayOpenCloseChange %
16-May-25
₹8,480.00
₹8,426.00
-0.41%
15-May-25
₹8,463.50
₹8,461.00
-0.03%
14-May-25
₹8,235.00
₹8,463.50
+2.38%
13-May-25
₹8,399.00
₹8,266.50
-0.54%
12-May-25
₹8,001.00
₹8,311.50
+8.21%
09-May-25
₹7,555.00
₹7,681.00
-0.95%
08-May-25
₹7,621.00
₹7,754.50
+2.03%
07-May-25
₹7,400.00
₹7,600.00
+2.34%

Coforge Shareholding Pattern

Promoters (0%)

Mutual Funds (35.8%)

Retail and other (9.59%)

Foreign institutions-FII (42.55%)

Other domestic institutions (12.06%)

Foreign institutions-FII

Corporate Actions

  • Dividend • ₹19/share

    Ex date 09 May 2025

    expand tab
  • Dividend • ₹19/share

    Ex date 30 Jan 2025

    expand tab
  • Dividend • ₹19/share

    Ex date 11 Oct 2024

    expand tab
  • Dividend • ₹19/share

    Ex date 02 Aug 2024

    expand tab
  • Dividend • ₹19/share

    Ex date 15 May 2024

    expand tab
  • Dividend • ₹19/share

    Ex date 05 Feb 2024

    expand tab
  • Dividend • ₹19/share

    Ex date 02 Nov 2023

    expand tab
  • Dividend • ₹19/share

    Ex date 03 Aug 2023

    expand tab

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FAQs on Coforge

What is the share price of Coforge today?

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Coforge share price is ₹ 8,426.00 as on 16 May, 2025 | 15:58 IST.

What are the high & low stock price of Coforge today?

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Coforge stock price hit a high of ₹ 8,499.50 and low of ₹ 8,410.00 as on 16 May, 2025 | 15:58 IST.

What is the market cap of Coforge?

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The market cap of Coforge is ₹ 56,352.13 Crores as on 16 May, 2025 | 15:58 IST.

What are the the 52-week high and low share prices of Coforge stock on the NSE?

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52-week high stock Price of Coforge is ₹ 10,026.80 and Low Price is ₹ 4,703.00 as on 16 May, 2025 | 15:58 IST.

What are the stock symbols of Coforge?

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The stock symbol of Coforge is NSE: COFORGE on the NSE and BSE: 532541 on the BSE, and the ISIN is INE591G01017.

Can I buy Coforge shares on Holidays?

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No, shares of Coforge or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Coforge shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.

What is the PE and PB ratio of Coforge?

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The PE and PB ratio of Coforge is 69.68 and 8.04 respectively, as on 16 May, 2025 | 15:58 IST.

What are the returns on Coforge shares?

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The historical returns for Coforge shares are 80.01 for 1 year, 121.99 for 3 year and 520.17 for 5 year.