Coforge (COFORGE) share price, P/E, ROE & financials

Coforge (COFORGE) had a P/E of 40.7× on 6 Nov 2026, above the industry P/E of 17.7×. Sales and net profit grew 27% and 31% a year over 3 years; its ROCE of 19% is the second-lowest among the 7 largest Information Technology Services peers. Debt is 0.27× equity, and its dividend yield is 0.8%. It is a mid-cap company with a market cap of ₹91,980 Cr, ranked 8th of 126 Information Technology Services companies by market cap; the shares rose 18% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹2,100.00
Day high: ₹2,127.90
Day low: ₹2,056.00
Prev. close: ₹2,079.00
Volume: 24.3 L

Health check

3 good · 3 to check

ReturnsAhead
+17.7% over a year, better than 6 of 7 peers.
Price tagPricier
P/E 40.7 vs industry 17.7.
GrowthStrong
Sales +26.9%, profit +30.9% a year over 3 years.
ProfitabilityWeak
ROCE 18.6% vs peer median 27.2%.
Balance sheetSolid
Debt 0.27× equity, interest covered 13.2×, Piotroski 6 of 9.
Red flags1 to check
P/E of 40.7 against an industry P/E of 17.7.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Information Technology Services

125 listed peers. Screen the industry

Mid cap

₹91,980 Cr, #8 of 126 in its industry by size.

Defensive

Beta 0.27 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹20,380 Cr · profit ₹1,969 Cr

Market cap: ₹91,980 Cr; Mid cap
P/E: 40.7; Industry 17.7
Price to book: 4.11; Peers 5.20
Dividend yield: 0.77%
ROE: 13.3%; Peers 22.9%
ROCE: 18.6%; Peers 27.2%
Debt to equity: 0.27; Debt ₹6,026 Cr
EPS (TTM): ₹50.97; Face value ₹2
OPM (TTM): 19.2%; Net margin 9.7%
Sales growth: +53.6%; Latest quarter vs a year ago
Profit growth: +19.2%; Latest quarter vs a year ago
Price to sales: 4.51; EV/EBITDA 24.9

Strengths

Quarterly sales up 53.6% on a year ago.
Positive operating cash flow in each of the last 4 years.

Risks to check

P/E of 40.7 against an industry P/E of 17.7.

Derived automatically from reported figures. Not a recommendation.

About Coforge

Coforge Limited provides information technology (IT) and IT-enabled services in India, the Americas, Europe, the Middle East and Africa, Latin America, and the Asia Pacific. The company offers Artificial intelligence services and platforms; and AI (artificial intelligence) and ML (machine learning) services, including predictive analytics, model risk management, and recommendation engine; intelligent automation solutions, such as enterprise and…

Headquarters: Gautam Buddha Nagar
Employees: 26,932
Sector: Technology
ISIN: INE591G01025
Website: coforge.com

Price range

52 weeks

₹1,008.10₹2,127.90

Today

₹2,056.00₹2,127.90

Avg volume (3M): 24.5 L
1-year return: plus 17.7%
From 52-week high: minus 2.4%

Analyst consensus

35 analysts

BuyMean target ₹2,163.77 4.2%

Target range, with today’s price

Low ₹1,267.00High ₹2,700.00

Next results expected around 21 Jan 2027

Consensus from Yahoo Finance. Not a recommendation.

Peers · Information Technology Services

Compare with peers Screen the whole industry

Company
TCSTata Consultancy Services	2,498.50	plus 0.11%	9,03,979	17.5	7.60	54.9%	45.6%	26.5%	5.8%	5.3%	1.92%	minus 16.5%
INFYInfosys	1,181.40	plus 1.20%	4,78,511	15.7	4.91	39.0%	30.0%	23.1%	6.7%	6.9%	4.40%	minus 20.5%
HCLTECHHCL Technologies	1,440.00	plus 0.66%	3,89,754	21.3	5.20	27.2%	24.6%	20.8%	8.7%	3.9%	3.33%	minus 6.4%
WIPROWipro	198.00	minus 0.20%	1,95,898	15.6	2.46	17.8%	15.9%	19.2%	0.8%	5.2%	4.04%	minus 16.6%
TECHMTech Mahindra	1,831.00	plus 0.46%	1,79,476	29.4	5.47	19.8%	19.2%	17.2%	2.2%	−0.1%	2.79%	plus 29.3%
LTMLTM	4,338.00	minus 1.25%	1,28,620	24.6	4.97	25.4%	21.0%	17.9%	8.4%	4.4%	1.80%	minus 21.8%
PERSISTENTPersistent Systems	6,053.50	minus 0.92%	99,859	53.0	11.12	29.4%	22.9%	16.9%	20.9%	26.5%	0.59%	plus 4.3%
COFORGECoforge	2,076.00	minus 0.14%	91,980	40.7	4.11	18.6%	13.3%	19.2%	26.9%	30.9%	0.77%	plus 17.7%
Median of 7 peers	–	0.11%	1,95,898	21.3	5.20	27.2%	22.9%	19.2%	6.7%	5.2%	2.79%	−16.5%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
–	4,016	4,188	4,450	5,528	6,171
–	3,429	3,592	3,534	4,404	4,901
571	587	597	917	1,123	1,270
–	14.6%	14.2%	20.6%	20.3%	20.6%
24.8	–	148	−18.2	−38.5	−22.1
46.2	–	41.5	40	86.6	108
159	–	171	180	241	285
−24.8	–	−148	−53.6	−55	−55.7
365	–	384	625	702	799
21.7%	–	22.8%	−6.6%	24.3%	24.3%
317	–	250	612	519	588
9.38	–	7.38	18.10	12.28	13.19

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +26.9%
Profit CAGR 3Y: +30.9%
EPS CAGR 3Y: +27.2%
ROE: 13.3%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
8,015	9,009	12,073	16,391
–	+12.4%	+34.0%	+35.8%
6,721	7,528	10,304	13,378
1,294	1,481	1,770	3,012
16.1%	16.4%	14.7%	18.4%
45.5	27.5	90.8	−57.7
76.8	121	129	158
259	319	468	682
−53.1	–	33.3	−182
951	1,070	1,296	1,933
21.7%	20.6%	25.7%	13.4%
694	808	812	1,556
–	+16.5%	+0.5%	+91.6%
22.31	25.92	24.41	45.90

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
61.1	61.8	66.9	67.2
3,021	3,565	6,312	9,470
562	726	1,070	728
2,039	1,755	5,041	4,616
5,683	6,108	12,491	14,881
687	764	1,127	1,254
5	24	3.1	5.4
0.2	–	11	–
576	333	1,053	1,095
4,415	4,987	10,297	12,528
5,683	6,108	12,491	14,881

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
951	903	1,237	1,792
−272	−248	−2,448	−435
−558	−887	1,675	−1,094
121	−231	464	263
−158	−266	−614	−743
792	638	623	1,049
−353	−466	−498	−528

Shareholding pattern

Source: NSE filings

0.0%

promoters

Public100.00%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	0.00%	100.00%	0.00
30 Jun 2026	0.00%	100.00%	0.00
3 Jun 2026	0.00%	100.00%	0.00
23 Apr 2026	0.00%	100.00%	0.00
31 Mar 2026	0.00%	100.00%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you