Coforge (COFORGE.NS) Stock Price

Coforge Price

NSE·CLOSED
1,971.80INR+14.20 (+0.72 %)
Market closed

Revenue has compounded at 17.0% per year over the past 19 years to 120.51 B INR. Earnings per share have grown at 13.3% per year over the last 19 years. Coforge's net margin stands at 6.7%, down from 9.8% several years earlier. Coforge currently offers a dividend yield of about 0.79%. The payout ratio is around 64% of earnings. The dividend has grown at 16.9% per year over the past 19 years. Analysts set a median price target of 2,024.70 INR, implying 2.7% above the current price. Of 38 analysts, 29 rate the stock a buy — an overall Buy consensus. The stock trades about 84% above its 52-week low.

Coforge stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Coforge over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Coforge stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Coforge's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Coforge Stock Price History
DateCoforge Price
9/3/20261,971.80 INR
9/2/20261,957.60 INR
9/1/20261,988.90 INR
8/31/20261,984.00 INR
8/28/20262,014.60 INR
8/27/20261,900.00 INR
8/26/20261,880.00 INR
8/25/20261,892.80 INR
8/24/20261,873.00 INR
8/21/20261,891.70 INR
8/20/20261,882.00 INR
8/19/20261,807.10 INR
8/18/20261,773.00 INR
8/17/20261,806.00 INR
8/14/20261,812.00 INR
8/13/20261,808.50 INR
8/12/20261,801.50 INR
8/11/20261,819.00 INR
8/10/20261,810.00 INR
8/7/20261,776.00 INR
8/6/20261,772.80 INR
8/5/20261,777.00 INR
8/4/20261,746.20 INR
7/31/20261,721.00 INR
7/30/20261,739.70 INR
7/29/20261,714.90 INR
7/28/20261,669.20 INR
7/27/20261,528.40 INR
7/24/20261,484.70 INR
7/23/20261,448.60 INR
Access this data via the Eulerpool API

Coforge Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
80.15 B INR
10.24 B INR
6.94 B INR
Jan 1, 2024
90.09 B INR
11.38 B INR
8.08 B INR
Jan 1, 2025
120.51 B INR
12.66 B INR
8.12 B INR
Jan 1, 2026 (e)
164.16 B INR
20.65 B INR
14.25 B INR
Jan 1, 2027 (e)
247.05 B INR
31.08 B INR
19.74 B INR
Jan 1, 2028 (e)
285.80 B INR
35.95 B INR
23.90 B INR
Jan 1, 2029 (e)
323.56 B INR
40.70 B INR
28.25 B INR
Jan 1, 2030 (e)
328.47 B INR
41.32 B INR
28.95 B INR

Coforge Income Statement, Balance Sheet, Cash Flow Statement

Last updated Sep 5, 2026, 3:29 AM
 
REVENUEB INR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB INR
EBITB INR
EBIT MARGIN%
NET INCOMEB INR
NET INCOME GROWTH%
DIV.INR
DIV. GROWTH%
SHARESM
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
23.7326.8828.0229.9136.7641.8446.6364.3280.1590.09120.51164.16247.05285.80323.56328.47
2.9313.294.256.7622.8913.8111.4537.9424.6112.4133.7636.2350.4915.6813.211.52
93.9696.3197.5297.1797.6395.0492.0293.4593.1991.5792.1292.1292.1292.1292.1292.12
22.2925.8927.3329.0735.8939.7642.9160.1174.6982.50111.02151.24227.59263.29298.08302.61
2.583.533.603.805.265.525.988.7510.2411.3812.6620.6531.0835.9540.7041.32
10.8713.1312.8512.7014.3013.1812.8113.6012.7712.6410.5112.5812.5812.5812.5812.58
1.142.702.502.804.034.444.566.626.948.088.1214.2519.7423.9028.2528.95
-50.50136.63-7.3712.0443.9310.092.6145.244.8516.460.5175.5038.5021.1018.172.48
1.902.002.503.002.008.008.8010.4015.2015.2015.6015.8018.9622.75
5.565.2625.0020.00-33.33300.0010.0018.1846.152.631.2820.0019.99
305.89307.31307.16309.02311.51312.82310.83310.60311.03311.75332.75332.75332.75332.75332.75332.75
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Coforge generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Coforge retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Coforge's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Coforge has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Coforge's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Coforge stock margins

The Coforge margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Coforge. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Coforge.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
92.02 %
12.81 %
9.77 %
Jan 1, 2022
93.45 %
13.60 %
10.29 %
Jan 1, 2023
93.19 %
12.77 %
8.66 %
Jan 1, 2024
91.57 %
12.64 %
8.97 %
Jan 1, 2025
92.12 %
10.51 %
6.74 %
Jan 1, 2026 (e)
92.12 %
12.58 %
8.68 %
Jan 1, 2027 (e)
92.12 %
12.58 %
7.99 %
Jan 1, 2028 (e)
92.12 %
12.58 %
8.36 %

Coforge Stock Revenue, EBIT, Earnings per Share

The Coforge earnings per share therefore indicates how much revenue Coforge has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
150.01 INR
19.22 INR
14.66 INR
Jan 1, 2022
207.09 INR
28.16 INR
21.30 INR
Jan 1, 2023
257.68 INR
32.91 INR
22.31 INR
Jan 1, 2024
288.98 INR
36.51 INR
25.92 INR
Jan 1, 2025
362.16 INR
38.05 INR
24.41 INR
Jan 1, 2026 (e)
493.36 INR
62.06 INR
42.83 INR
Jan 1, 2027 (e)
742.46 INR
93.39 INR
59.32 INR
Jan 1, 2028 (e)
858.90 INR
108.04 INR
71.84 INR

Coforge business model & stock analysis

Coforge Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Coforge historical P/E ratio, EBIT multiple, and P/S ratio

Coforge annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Coforge shares outstanding

The number of shares of Coforge was 332.75 M in 2025. This indicates how many shares Coforge is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
310.83 M Stocks
Jan 1, 2022
310.60 M Stocks
Jan 1, 2023
311.03 M Stocks
Jan 1, 2024
311.75 M Stocks
Jan 1, 2025
332.75 M Stocks
Jan 1, 2026 (e)
332.75 M Stocks
Jan 1, 2027 (e)
332.75 M Stocks
Jan 1, 2028 (e)
332.75 M Stocks

Coforge stock splits

In Coforge's history, there have been no stock splits.

Coforge Dividend History

22 years of dividend payments

YearAnnual DividendYoY ChangePayments
20268.00INRYTD
Jan 30, 20264.00INR 0.0%1/2
Jul 31, 20264.00INR 0.0%2/2
202515.60INR 2.6%
Jan 30, 20253.80INR 0.0%1/4
May 9, 20253.80INR 0.0%2/4
Jul 31, 20254.00INR 5.3%3/4
Oct 31, 20254.00INR 0.0%4/4
202415.20INR 0.0%
202315.20INR 46.2%
202210.40INR 33.3%
20217.80INR 85.7%
20204.20INR 110.0%
20192.00INR 33.3%
20183.00INR 20.0%
20172.50INR 25.0%

Coforge dividend history and estimates

In 2025, Coforge paid a dividend amounting to 15.60 INR. Dividend means that Coforge distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021 (e)
7.80 INR
1.00 INR
Jan 1, 2022
10.40 INR
0.00 INR
Jan 1, 2023
15.20 INR
0.00 INR
Jan 1, 2024
15.20 INR
0.00 INR
Jan 1, 2025
15.60 INR
0.00 INR
Jan 1, 2026
15.80 INR
0.00 INR
Jan 1, 2027 (e)
0.00 INR
18.96 INR
Jan 1, 2028 (e)
0.00 INR
22.75 INR

Coforge dividend payout ratio

In 2025, Coforge had a payout ratio of 63.93%. The payout ratio indicates the percentage of the company's profits that Coforge distributes as dividends.
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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
53.24 %
Jan 1, 2022
48.83 %
Jan 1, 2023
68.14 %
Jan 1, 2024
58.66 %
Jan 1, 2025
63.93 %
Jan 1, 2026 (e)
36.89 %
Jan 1, 2027 (e)
31.96 %
Jan 1, 2028 (e)
31.67 %

Current Coforge forecasts and price targets in September 2026

Analyst Price Targets 2026
Δ MOM Price Target
2.10 %
Buy
76.32 % (29)
Hold
7.89 % (3)
Sell
15.79 % (6)
12M Price Target
2,024.70
Last Price
1,971.80
Currency
INR
12M Return Potential
2.68 %
LTM Return
0 %

Coforge Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
4/25/202445.90INR-24.75 BINR-2024 Q4
1/18/202441.07INR-23.79 BINR-2024 Q3

EESG©

Eulerpool ESG Scorecard© for the Coforge stock

73/100
71
Environment
90
Social
57
Governance
E

Environment

20
Scope 1 - Direct Emissions413
Scope 2 - Indirect emissions from purchased energy8,688
Scope 3 - Indirect emissions within the value chain5,543
Total CO₂ emissions9,101
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees25
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Coforge shareholder structure

% Name
9.55730%
Motilal Oswal Asset Management Company Ltd.
Motilal Oswal Asset Management Company Ltd.
5.76039%
HDFC Asset Management Co., Ltd.
HDFC Asset Management Co., Ltd.
4.68828%
Life Insurance Corporation of India
Life Insurance Corporation of India
3.83817%
DSP Investment Managers Pvt. Ltd.
DSP Investment Managers Pvt. Ltd.
3.65387%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
3.31441%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
...

Coforge Beneficial Ownership Filings (SEC 13D/G)

Free Float
76.6%
Float Shares
-
Shares Outstanding
-

Coforge Executives and Management Board

9 members · avg. age 54 · 22 % women

SS

Mr. Sudhir Singh (53)

Chief Executive Officer, Executive Director · since 2017

361.20 M INR

Management

GS

Mr. Gautam Samanta (55)

President, Executive Director · since 2024

102.80 M INR
SG

Mr. Saurabh Goel

Chief Financial Officer

38.80 M INR
BS

Ms. Barkha Sharma

Chief Compliance Officer, Company Secretary

5.70 M INR

Board of Directors

OB

Mr. Om Prakash Bhatt

Non-Executive Independent Chairman of the Board

19.80 M INR
MB

Ms. Mary Boucher

Non-Executive Independent Director

10.10 M INR
AC

Mr. Anil Chanana

Additional Non-Executive Independent Director

9.70 M INR
DS

Mr. Durgesh Singh

Non-Executive Independent Director

9.60 M INR
JS

Mr. John Speight

Executive Director · since 2025

Frequently asked questions about Coforge

Analysts currently set an average price target of 1,945.55 INR for the Coforge stock (median: 2,024.70 INR), implying -1.3 % versus the latest price. The consensus is based on 38 analyst ratings.

39 analysts currently rate the Coforge stock: 29 recommend buying, 4 holding and 6 selling. For 2026, analysts expect Coforge to generate revenue of 164.16 B INR and earnings per share of 42.83 INR.

Converted at the current exchange rate, the Coforge share trades at 17.96 EUR (1,971.80 INR).

No history available for Coforge.

The expected revenue of Coforge is 164.16 B INR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Coforge is 14.25 B INR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Coforge is currently 46.03. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Coforge stock.

The price-to-sales ratio (P/S) of Coforge is currently 4.00. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Coforge stock.

The Eulerpool Quality Score for Coforge is 8/10.

The ISIN of Coforge is INE591G01025. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Coforge is COFORGE.NS. The ticker symbol is used to trade Coforge shares on the stock exchange.

Over the past 12 months, Coforge paid a dividend of 15.60 INR . This corresponds to a dividend yield of about 0.79 %. For the coming 12 months, Coforge is expected to pay a dividend of 18.96 INR.

The current dividend yield of Coforge is 0.79 %.

Coforge pays a dividend, distributed in the months of , , , .

Coforge paid dividends every year for the past 21 years.

For the upcoming 12 months, dividends amounting to 18.96 INR are expected. This corresponds to a dividend yield of 0.96 %.

Coforge is assigned to the 'Information technology' sector.

In the year 2025, Coforge distributed 15.2 INR as dividends.

The dividends of Coforge are distributed in INR.

All fundamentals and in-depth analysis of Coforge

Our stock analysis for Coforge stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Coforge. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.