Coforge Limited has announced the availability of its investor conference call transcript following a board meeting held on December 26, 2025. The company has formally notified both the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) about this disclosure in compliance with regulatory requirements.

Regulatory Compliance and Disclosure

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary & Compliance Officer Barkha Sharma signed the disclosure document on December 29, 2025, ensuring timely compliance with listing obligations.

Transcript Availability

The investor conference call transcript is now accessible on the company's official website under the "Analyst/Investor Interaction" section. Stakeholders can access the document through the provided link at https://www.coforge.com/investors/disclosure-under-listing-regulations .

Corporate Information

Coforge Limited operates from multiple locations with its registered office situated in the Special Economic Zone, Plot No. TZ-2 & 2A, Sector - Tech Zone, Greater Noida, Uttar Pradesh. The company maintains additional facilities in Gurugram, Haryana, and can be reached through various communication channels for investor relations and secretarial matters.

This disclosure demonstrates the company's commitment to maintaining transparency with its stakeholders and ensuring compliance with regulatory frameworks governing listed entities in India.

Coforge has demonstrated strong operational performance with EBIT margin expanding by 60 basis points to 18.0%, driven by $10 million in cost synergies, improved EBITDA margins, and a 5% increase in revenue from higher-margin business areas. This operational excellence comes alongside the company's transformative $2.35 billion acquisition of US-based AI and digital engineering firm Encora, which is expected to deliver enhanced financial benefits.

Operational Performance Improvements

The company's latest operational metrics showcase significant margin expansion and cost optimization achievements:

Enhanced Financial Performance from Encora Deal

The Encora acquisition continues to demonstrate improved financial benefits with updated projections showing stronger earnings potential and strategic value:

Deal Structure and Strategic Vision

The acquisition will be funded entirely through equity, with Encora shareholders including private equity majors Advent International and Warburg Pincus receiving approximately 20% stake in the expanded company:

CEO Sudhir Singh noted that the company is unlikely to add any new vertical or geography over the next 3-5 years, with management calling this a defining moment in Coforge's journey.

Revenue Growth and Future Outlook

The updated projections show the combined entity targeting 15% revenue growth by FY27, with the transaction expected to close in FY25:

Coforge believes AI will be a positive addition to revenues, with opportunities to sell more technology services expected to offset deflation from AI-driven productivity gains. The deal significantly enhances Coforge's presence in the US West Coast and Midwest regions while strengthening near-shore delivery capabilities through Encora's established operations.