Coforge

Market Cap (₹ Cr.)

₹46,709

52 Week High

7,088.10

Book Value

₹880

52 Week Low

4,287.25

PE Ratio

60.91

PB Ratio

7.96

PE for Sector

39.11

PB for Sector

8.64

ROE

22.42 %

ROCE

33.39 %

Dividend Yield

1.09 %

EPS

₹114.98

Industry

IT - Software

Sector

Computers - Software - Medium / Small

Investment Returns

In Long Term

In Short Term

1 Year

0.00%

2 Years

0.00%

3 Years

0.00%

4 Years

0.00%

5 Years

0.00%

Growth Rate

Revenue Growth

14.41 %

Net Income Growth

12.15 %

Cash Flow Change

-4.96 %

ROE

-4.61 %

ROCE

-0.42 %

EBITDA Margin (Avg.)

-3.06 %

Financial Results

Quarterly Financials	Mar 2015	Jun 2015	Sept 2015	Dec 2015	Mar 2016	Jun 2016	Sept 2016	Dec 2016	Mar 2017	Jun 2017	Sept 2017	Dec 2017	Mar 2018	Jun 2018	Sept 2018	Dec 2018	Mar 2019	Jun 2019	Sept 2019	Dec 2019	Mar 2020	Jun 2020	Sept 2020	Dec 2020	Mar 2021	Jun 2021	Sept 2021	Dec 2021	Mar 2022	Jun 2022	Sept 2022	Dec 2022	Mar 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	Jun 2024
Revenue	366	395	377	385	372	382	391	389	481	488	434	415	425	557	511	527	558	640	562	672	641	655	613	619	631	884	885	962	983	1,071	1,114	1,247	1,387	1,337	1,256	1,573	1,443	1,299
Expenses	358	290	310	305	315	342	332	329	349	340	355	343	358	386	419	442	452	487	462	490	491	507	533	534	559	673	704	744	766	878	932	934	1,085	1,072	1,109	1,092	1,066	1,136
EBITDA	8	105	67	81	56	40	59	59	132	148	79	72	67	172	91	85	106	153	100	182	150	148	80	85	72	211	181	218	217	193	182	314	302	265	147	481	377	164
Operating Profit %	1 %	20 %	17 %	20 %	14 %	7 %	14 %	14 %	24 %	16 %	15 %	17 %	13 %	13 %	14 %	15 %	17 %	10 %	15 %	17 %	12 %	12 %	12 %	13 %	9 %	9 %	13 %	15 %	13 %	10 %	11 %	14 %	4 %	6 %	9 %	14 %	13 %	6 %
Depreciation	17	19	19	21	22	22	23	23	23	22	21	20	20	20	20	19	19	23	22	23	22	24	25	24	24	22	21	21	21	28	27	24	30	30	31	33	34	31
Interest	1	2	1	1	2	1	0	1	1	1	2	1	3	1	1	1	2	2	2	2	2	1	2	2	1	9	13	15	15	14	16	16	13	14	18	19	22	17
Profit Before Tax	-9	84	47	59	32	17	36	36	108	125	56	51	44	151	70	64	86	129	76	157	125	123	54	59	47	180	147	182	181	151	139	274	259	221	97	429	321	115
Tax	14	13	-7	-2	13	11	8	10	24	22	15	12	14	11	20	15	20	18	22	25	7	19	15	16	5	14	23	14	-0	17	20	36	11	17	41	6	32	45
Net Profit	0	72	41	49	30	21	29	28	87	105	46	40	36	136	53	47	63	112	58	135	117	108	45	49	38	172	126	166	180	135	117	240	241	211	77	410	294	81
EPS in ₹	0.04	11.77	6.67	7.97	4.96	3.50	4.67	4.61	14.11	17.09	7.44	6.43	5.87	22.04	8.57	7.70	10.27	18.09	9.42	21.64	18.79	17.40	7.36	8.09	6.26	28.34	20.84	27.39	29.60	22.10	19.18	39.31	39.49	34.54	12.54	66.55	47.60	12.76

Show % Change

Above figures are in Rs. Crores

Balance Sheet

Balance Sheet	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	1,455	1,537	1,614	1,785	1,986	2,346	2,250	3,241	3,778	4,485
Fixed Assets	376	524	494	464	427	412	383	394	436	448
Current Assets	667	573	673	749	865	960	814	634	1,036	1,155
Capital Work in Progress	116	1	0	1	1	0	0	9	2	20
Investments	23	409	584	744	866	837	855	1,834	1,834	2,168
Other Assets	940	603	535	577	693	1,097	1,012	1,005	1,507	1,848
Total Liabilities	435	314	274	311	282	371	445	1,035	1,163	1,173
Current Liabilities	387	217	187	220	220	293	358	610	664	641
Non Current Liabilities	48	97	87	91	63	78	87	425	499	532
Total Equity	1,020	1,223	1,339	1,474	1,704	1,975	1,805	2,206	2,615	3,312
Reserve & Surplus	959	1,162	1,278	1,412	1,642	1,913	1,745	2,145	2,554	3,250
Share Capital	61	61	61	62	62	63	61	61	61	62

Show % Change

Above figures are in Rs. Crores

Cash Flow

Cash Flow	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Cash Flow	-6	61	-47	9	46	301	-13	-340	77	-94
Investing Activities	-187	-263	-222	-119	-46	206	-4	-731	414	490
Operating Activities	280	404	240	202	196	228	485	389	76	295
Financing Activities	-61	-81	-65	-75	-103	-133	-494	2	-413	-879

Show % Change

Above figures are in Rs. Crores

Share Holding

% Holding	Mar 2021	Jun 2021	Sept 2021	Dec 2021	Mar 2022	Jun 2022	Sept 2022	Dec 2022	Mar 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	May 2024	Jun 2024
Promoter	63.99 %	55.73 %	50.18 %	49.97 %	40.09 %	40.09 %	40.06 %	39.99 %	30.16 %	26.63 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %
FIIs	14.62 %	19.42 %	20.67 %	19.12 %	22.40 %	21.87 %	21.02 %	21.30 %	25.40 %	24.78 %	34.36 %	34.04 %	35.00 %	40.38 %	41.43 %
DIIs	11.86 %	14.93 %	18.65 %	20.29 %	25.67 %	25.89 %	26.46 %	26.74 %	32.20 %	37.20 %	54.29 %	55.02 %	54.30 %	48.12 %	47.30 %
Government	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %
Public / Retail	9.54 %	9.92 %	10.50 %	10.62 %	11.83 %	12.16 %	12.46 %	11.96 %	12.24 %	11.38 %	11.35 %	10.94 %	10.70 %	11.50 %	11.27 %

Show % Change

Peer Comparison Compare Peers on Screener

Competitors	LTP	Market Cap (₹ Cr.)	P/E Ratio	Revenue (₹ Cr.)	YoY Revenue Growth %	Net Profit (₹ Cr.)	YoY Profit Growth %	RSI
Oracle Financial Services Software	11,259.50	1,06,425.10	45.58	6,715.15	14.01	2,219	23.09	50.39
PB FinTech	1,805.60	84,316.49	-	3,818.25	35.55	64	604.03	61.78
Tata Elxsi	7,639.50	48,020.39	60.97	852.75	-	102	27,018.18	51.94
KPIT Technologies	1,727.25	47,714.73	72.01	4,931.81	44.83	599	51.86	42.32
Coforge	6,860.75	46,708.65	60.91	9,240.40	14.41	836	-20.72	66.87
Tata Technologies	1,065.80	43,832.48	67.45	5,232.75	16.23	679	-15.40	51.81
Cyient	2,059.20	23,669.67	33.84	7,213.10	18.30	703	-12.71	58.42
Affle India	1,554.90	22,023.32	69.32	1,900.02	27.66	297	30.86	46.84
Firstsource Solutions	301.95	21,810.13	41.64	6,373.09	3.57	515	7.35	48.04
Sonata Software	652.85	18,684.71	45.20	8,738.61	16.21	309	-12.06	48.04