Coforge Limited (NSE: COFORGE), a global digital services and solutions provider, has announced a strategic move to enhance its investor relations capabilities. The company has appointed Manish Hemrajani as its new Head of Investor Relations, signaling a commitment to strengthening engagement with the global investment community.

Seasoned Professional at the Helm

Manish Hemrajani brings over two decades of experience in capital markets to his new role at Coforge. His impressive career spans across various sectors, including travel, technology, and financial services. Hemrajani's previous stints with renowned organizations such as Yatra Online, Inc., Oppenheimer & Co., Deloitte Consulting, Fujitsu Consulting, and CIBC World Markets have equipped him with a comprehensive understanding of investor expectations and capital market dynamics.

Strategic Focus on Investor Engagement

In his new position, Hemrajani will spearhead Coforge's global investor relations strategy. His responsibilities will encompass:

• Leading clear and consistent communication with shareholders and analysts
• Overseeing earnings disclosures and investor presentations
• Ensuring regulatory compliance
• Strengthening shareholder engagement and strategic planning
• Reinforcing governance standards to build long-term investor trust

Leadership's Perspective

Sudhir Singh, CEO of Coforge, expressed enthusiasm about the appointment, stating, "Our company has been delivering consistent, broad-based growth over the past eight years. As we continue to build on our success, strengthening our engagement with the investor community is a strategic priority. Manish's deep expertise in capital markets and investor communications will be instrumental in enhancing transparency, shaping market perception, and reinforcing our long-term value creation narrative."

Credentials and Accessibility

Hemrajani's qualifications include an MBA in Finance from NYU Stern School of Business and the Investor Relations Charter (IRC) certification. This combination of academic excellence and professional certification underscores his expertise in the field.

To facilitate seamless communication, Coforge has provided Hemrajani's contact information. He can be reached at manish.hemrajani@coforge.com or +1(917) 504-0136.

Coforge's Market Position

Coforge has positioned itself as a leader in the digital services and solutions space, with a focus on leveraging emerging technologies and deep domain expertise to deliver real-world business impact for its clients. The company specializes in select industries and partners with leading technology platforms to drive transformation initiatives.

With 30 global delivery centers and a presence in 23 countries, Coforge continues to expand its footprint in the tech industry. The appointment of Manish Hemrajani as Head of Investor Relations aligns with the company's growth trajectory and its commitment to maintaining strong relationships with the investment community.

As Coforge moves forward with this strategic appointment, the company aims to enhance its market presence and reinforce its position as a trusted partner in digital transformation.

Coforge , a leading IT services company, has set an ambitious target of achieving a 14% EBIT (Earnings Before Interest and Taxes) margin for the fiscal year 2026, despite ongoing challenges in the IT sector. The company's leadership remains optimistic about its growth prospects, citing several key factors contributing to this confidence.

Strong Deal Closures and Order Book Growth

CEO Sudhir Singh highlighted the company's robust performance in securing new business. Coforge has reported a significant increase in its next 12-month signed order book, which grew by an impressive 46.9% compared to the same period last year. This substantial growth in the order book provides a solid foundation for the company's future revenue streams and supports its ambitious margin targets.

Q1FY26 Financial Performance

Coforge's financial results for the first quarter of fiscal year 2026 demonstrate the company's resilience and growth trajectory:

While the company saw strong growth in revenue and net profit, there was a slight decline in EBIT margins, which decreased from 11.8% in the previous quarter to 11.3% in Q1FY26.

Strategies for Margin Improvement

To achieve the targeted 14% EBIT margin by FY26, Coforge is focusing on several key strategies:

1. Structural Cost Reductions: The company is implementing measures to optimize its cost structure, which is expected to contribute to margin expansion.

2. Strong Deal Pipeline: Continued focus on closing high-value deals is anticipated to drive revenue growth and improve profitability.

3. Operational Efficiency: Coforge is likely to leverage its growing order book to achieve better economies of scale and enhance operational efficiency.

Shareholder Returns

In a move to reward its shareholders, Coforge has declared an interim dividend of Rs 4 per share. The record date for this dividend has been set as July 31.

Market Response

Despite the positive outlook and strong quarterly results, Coforge's shares experienced a decline on the National Stock Exchange (NSE). The stock fell by 8.19% to close at Rs 1,698.20. This market reaction may reflect broader concerns in the IT sector or profit-taking by investors.

Conclusion

Coforge's ambitious target of a 14% EBIT margin by FY26 demonstrates the company's confidence in its business model and growth strategies. While challenges persist in the IT sector, Coforge's strong order book growth and focus on operational efficiency position it well to navigate the competitive landscape. Investors and industry observers will be keenly watching the company's progress towards its margin goals in the coming quarters.