Coforge Ltd.

NSE: COFORGE
NIFTY200
Analyst consensus:Constructive· 35 analysts
₹1,801.50+13.2%1Y
Last updated 05:14:34 IST· Public market feed (~15 min delay during market hours)

Coforge Ltd.: A 30-second snapshot

Coforge trades at ₹1810, up 42.66% over the trailing 3 months and 11.5% over 12 months, sitting 8.39% below its 52-week high with RSI at 74.51 (overbought). Q1 FY27 headline revenue growth of 49% YoY was reported, though organic growth was cited separately at 1.1%, with the balance attributed to the Encora acquisition. The stock trades at 37.22x trailing earnings, the highest among 6 tracked IT peers, against a quality score of 48 that ranks 5th of 6.

P/E

37.2

Forward P/E

25.4

ROE

Debt / Equity

7.52

Profit Margin

+9.6%

Div. Yield

+0.9%

5Y ROE > 15%

3/5

5Y FCF > 0

4/5

Quality

66/100

Recent context

  • ·Coforge shares rose over 6% after Q1 results showed organic growth of 1.1%, with the Encora deal contributing to the balance of reported growth (CNBC TV18, Jul 28).
  • ·The company reported a $230 million AI transformation deal win from a European client (ETEnterpriseai.com, Jul 24).
  • ·Q1 earnings-call coverage described "strong revenue growth" (Yahoo Finance UK, Jul 28), alongside separate ex-dividend commentary ahead of the record date (simplywall.st, Jul 31).

Strengths

  • +5-year revenue growth of 49.9% and earnings growth of 30.9%, with positive free cash flow in 4 of the last 5 years (persistence data).
  • +News sentiment over the tracked period skews positive (5 positive vs 1 negative of 8 headlines), including a reported $230 million AI transformation deal win from a European client.
  • +Mean analyst rating of 1.63 across 35 analysts (1-5 scale, lower = more constructive).
  • +Price trades above both the 50-DMA (₹1519.70) and 200-DMA (₹1506.06), extending an 11.5% gain over the trailing 12 months.

Weaknesses

  • Trailing PE of 37.22x is the highest among the 6 IT peers tracked (HCLTECH 21.27x, INFY 15.44x, TCS 17.78x, TECHM 28.38x, WIPRO 14.65x), against a quality score of 48 that ranks 5th of 6.
  • RSI of 74.51 sits in overbought territory following a 42.66% three-month price advance.
  • Q1 organic revenue growth was cited at just 1.1%, with the remainder of the reported 49% YoY growth attributed to the Encora acquisition; persistence data separately flags the debt trend as rising, though the rescaled debt-to-equity of ~0.075x remains low in absolute terms.
  • ROE is not available in the current fundamental data set; persistence data shows ROE above 15% in only 3 of the last 5 years, with profit margin at 9.64%.

Open questions

  • ?How much of Coforge's recent growth trajectory depends on continued M&A contribution (Encora) versus organic demand, and how does that shape the durability of the current PE premium relative to peers?
  • ?Does an RSI of 74.51 after a 42.66% three-month advance reflect a shift in the underlying growth story, or a re-rating that has moved ahead of it?
  • ?What would need to be true about ROE and profit-margin trends for the current quality-score ranking (5th of 6 peers) to close relative to HCLTECH, INFY, TCS, TECHM and WIPRO?
  • ?How persistent is the 'rising' debt trend flagged in the data, and at what absolute debt-to-equity level would it start to matter given the current low base (~0.075x)?

Peer comparison: IT

Ranks 5 of 6 on quality
SymbolNameP/EROEQuality
COFORGECoforge Ltd.You're viewing37.248
Industry avgacross 5 peers19.5+30.0%54
TCSTata Consultancy Services Ltd.17.8+47.7%59
WIPROWipro Ltd.14.7+16.1%58
INFYInfosys Ltd.15.4+32.0%57
HCLTECHHCL Technologies Ltd.21.3+24.1%53
TECHMTech Mahindra Ltd.28.445

Technical state

Current price

₹1,810.00

SMA 50

₹1,519.70

SMA 200

₹1,506.06

RSI (14)

74.5 (overbought)

From 52w high

-8.4%

1Y return

+11.5%

3M return

+42.7%

50-DMA

Above

200-DMA

Above

Algorithmic support levels

₹1,423.41
₹1,355.92
₹1,349.95

Risk flags

  • medium
    Trailing PE of 37.22x is the highest among the 6 IT peers tracked (HCLTECH 21.27x, INFY 15.44x, TCS 17.78x, TECHM 28.38x, WIPRO 14.65x); quality score of 48 ranks 5th of 6 in the same peer set.
  • medium
    RSI of 74.51 (overbought) follows a 42.66% price gain over the trailing 3 months; price (₹1810) trades above both the 50-DMA (₹1519.70) and 200-DMA (₹1506.06) while remaining 8.39% below the 52-week high.
  • medium
    Q1 FY27 headline coverage cited 49% YoY revenue growth, but a separate report on the same results attributed the jump primarily to the Encora acquisition, citing organic revenue growth of only 1.1%; persistence data separately flags the debt trend as 'rising', though the rescaled debt-to-equity level (~0.075x) remains low in absolute terms.
  • low
    ROE is reported as null in the fundamental data, preventing a peer-relative profitability comparison; persistence data shows ROE above 15% in only 3 of the last 5 years.

Cross-section contradictions

  • News coverage frames Q1 results as strong revenue growth (49% YoY headline, shares up over 6%), while the same results show organic revenue growth of just 1.1%, with the remainder attributable to Encora deal consolidation — a distinction not resolved in the positive-sentiment headline coverage.

For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.

Fundamentals & technicals: refreshed 11 Aug 2026 · refreshed daily at 01:00 IST

AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 11 Aug 2026 · rotates through NIFTY 500 every ~5 days