Q4FY24 Financial Highlights:
FY24 Financial Highlights:
Sudhir Singh, Chief Executive Officer, Coforge, said, "FY24 was an exemplary year where the firm grew 13.3% in CC organic terms, thus becoming one of the very few firms across the industry that was able to deliver on the annual growth guidance given at the beginning of FY24. The USD 400 million TCV deal signed in Q4, the 56% YoY increase in order intake and the 102-bps sequential margin improvement in Q4 set us up strongly to deliver robust growth in FY25 with expanded margins.”
| Financials( ₹ in Cr) | Coforge Ltd | Tata Consultancy Services Ltd | Infosys Ltd | HCL Technologies Ltd | Wipro Ltd |
|---|---|---|---|---|---|
| Price | 4,301.80 | 3,960.20 | 1,439.55 | 1,320.05 | 455.90 |
| % Change | -2.44 | -0.42 | 0.86 | 0.49 | -1.58 |
| Mcap ₹ Cr | 26,594.16 | 1,432,835.21 | 597,538.06 | 358,217.35 | 238,214.04 |
| Revenue TTM ₹ Cr | 8,014.60 | 240,893.00 | 153,670.00 | 101,456.00 | 90,487.60 |
| Net Profit TTM ₹ Cr | 745.10 | 46,099.00 | 26,248.00 | 14,845.00 | 11,366.50 |
| PE TTM | 33.28 | 30.75 | 22.95 | 22.88 | 21.53 |
| 1 Year Return | 4.51 | 21.83 | 13.74 | 22.71 | 19.86 |
| ROCE | 27.50 | 62.85 | 44.74 | 27.62 | 17.11 |
| ROE | 25.62 | 51.04 | 37.12 | 23.32 | 15.89 |
Equity Capital: 3,082.50 Cr FV: 10.00
| Period | MF Net Purchase / (sold) | FII Net |
|---|---|---|
| LAST 1M | 33,921.99 | -29,201.07 |
| LAST 3M | 90,359.08 | -6,397.79 |
| LAST 6M | 153,338.94 | 67,422.51 |
| LAST 12M | 243,032.51 | 155,334.90 |
| Date | Action Type | Ratio |
|---|---|---|
| May 15, 2024 | Dividend | 190 |
| Feb 05, 2024 | Dividend | 190 |
| Nov 02, 2023 | Dividend | 190 |
Coforge Ltd is in the Information Technology sector, having the Market Capitalization of worth Rs. 30,153.15 crores, it is incorporated in the year 1992. It has reported consolidated sales of Rs. 1461.60 crores in June’2021. The company is also listed in the Bombay Stock Exchange (BSE) with the code 532541, and also listed in the National Stock Exchange (NSE) with the code COFORGE.
Coforge Ltd, earlier known as NIIT Technologies, was founded in 1992 and renamed in 2020. Coforge is an IT company based in Noida, India, and New Jersey, USA. Coforge has collaborated with the NIIT Foundation and launched an initiative named ‘Shiksha’ in which they focus on providing IT skills and Employability training to underprivileged children. In addition, Coforge and NIIT Foundation have together put efforts to combat climate change by sponsoring the restoration of Neknampur Lake in Telangana. Over the years, Coforge has also worked with the Government of India in implementing the project, Intranet Prahari, where an ERP was implemented for Border Security Forces (BSF) where-in all the relevant areas like finance, personnel information, inventory management, and operations were automated and integrated. The promoters of the company own 55.73% of the stake in the company, Foreign Institutional Investors (FII) own 19.42%, Domestic Institutional Investors (DII) own 14.93% of the stake, and others (such as public and retail investors) hold the balance of 9.92%.
In June 2021, quarterly net revenue was Rs. 736.90 crores, which has increased by approximately 27.82 % from Rs. 576.50 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 171.70 crores, which has seen an increase by nearly 58.39% from a net profit of Rs. 108.40 crores in June 2020. In June 2021, the reported operating profit was at Rs. 744.70 crores, which is also reduced by 31.78% as compared to an operating profit of Rs. 565.10 crores for the quarter ending in June 2020. From Rs. 17.40 in June 2020, the EPS of Wockhardt Ltd has decreased to Rs. 28.34 per share in June 2021. COFORGE’s stock closed at Rs. 4,871.20 on 17th August’2021 (NSE) and has returned 92.36% in the last six months and 149.36% in the previous year.
8 Balaji Estate 3rd Floor, Guru Ravi Das Marg Kalkaji, New Delhi, New Delhi, 110019
| Tel | : | 91-11-41675000 |
| : | investors:coforge.com | |
| Website | : | http://www.coforge.com |
Alankit Assignments Ltd
| AGM Date (Month) | : | Jul |
| Face Value Equity Shares | : | 10 |
| Market Lot Equity Shares | : | 1 |
| BSE Code | : | 532541 |
| NSE Code | : | COFORGE |
| Book Closure Date (Month) | : | |
| BSE Group | : | A |
| ISIN | : | INE591G01017 |
FAQ’s on Coforge Ltd SharesYou can buy Coforge Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Coforge Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of May 09, 2024 03:59 PM the closing price of Coforge Ltd was Rs.4,301.80.
Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 09, 2024 03:59 PM, the market cap of Coforge Ltd stood at Rs. 26,594.16.
The latest PE ratio of Coforge Ltd as of May 09, 2024 03:59 PM is 33.28
The latest PB ratio of Coforge Ltd as of May 09, 2024 03:59 PM is 0.14
The 52-week high of Coforge Ltd share price is Rs. 6,847.45 while the 52-week low is Rs. 4,060.00
According to analyst recommendations, Coforge Ltd Share has a "Buy" rating for the long term.
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