Coforge Stock Price - ₹1,971.80 | Information Technology

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Company insights, generated from the most recent coverage.

Coforge achieved a compounded quarterly growth rate of 13.52%, significantly outperforming Hexaware and Persistent Systems, driven by its vertical-focused strategy in BFSI and travel.
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Launched a Private Equity Business Unit on August 11, 2026, marking a strategic entry into high-margin financial services.
Stock up 3.4% to ₹1,966 on Aug 28; RSI at 83.3 indicates overbought conditions despite strong ADX trend of 55.9.

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The Quarter story

The two most recent quarterly results, compared side-by-side.

Coforge is scaling AI and healthcare services while expanding margins and order intake, though recent acquisitions have increased debt and shifted geographic focus toward the Americas.

AI-led Engineering revenue mix grew from 45.9% in Q1 FY26 to 50.4% in Q1 2026-27, making it the dominant service line.

Borrowings surged from ₹7,426 Cr in Q1 FY26 to ₹53,803 Cr in Q1 2026-27, driven by acquisition financing.

Fresh order intake rose from $507M in Q1 FY26 to $691M in Q1 2026-27, securing a strong project pipeline.

EMEA revenue share fell from 29.8% in Q1 FY26 to 27.0% in Q1 2026-27, highlighting regional softness.

EBIT margin expanded from 13.2% in Q1 FY26 to 16.0% in Q1 2026-27, reflecting improved pricing and cost control.

Banking and Financial Services revenue mix dropped from 27.7% in Q1 FY26 to 24.7% in Q1 2026-27, reducing sector reliance.

Total client base increased from 242 in Q1 FY26 to 379 in Q1 2026-27, broadening market reach.

Unbilled revenue rose from ₹9,099 Cr in Q1 FY26 to ₹20,969 Cr in Q1 2026-27, pointing to slower billing cycles.

Repeat business rate climbed from 94.5% in Q1 FY26 to 95.7% in Q1 2026-27, showing high client retention.

Cloud revenue share declined from 17.9% in Q1 FY26 to 14.8% in Q1 2026-27, signaling a shift in client priorities.

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In the news

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