Coforge Ltd

NSE: COFORGE BSE: 532541

₹1900.50

-8.30 (0.43%)

Sat, 31 Oct 2026, 06:23 pm

MTF 5xInvest in Coforge Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)84177.34

PE Ratio37.30

Dividend0.63

Technology Services

Information Technology Services

24.5K

Coforge Income Statement

Income Statement Balance Sheet Cashflow

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total revenue	6.08B	8.86B	9.42B	9.80B	9.14B	12.32B	15.76B	20.21B	23.05B	23.72B	26.88B	28.02B	29.91B	36.76B	41.84B	46.66B	64.10B	80.39B	90.36B	120.73B
Gross profit	1.47B	8.42B	9.03B	—	2.89B	3.70B	5.50B	6.55B	6.91B	7.33B	8.50B	8.75B	9.52B	9.21B	9.47B	12.67B	18.71B	23.73B	25.63B	34.29B
Operating expenses (excl. COGS)	-704.27M	-7.02B	-7.64B	-7.28B	-1.34B	-1.61B	-3.15B	-3.78B	-3.93B	-4.38B	-4.92B	-5.10B	-5.64B	-3.92B	-3.99B	-6.48B	-10.08B	-13.12B	-13.73B	-21.16B
Selling/general/admin expenses, total	-607.85M	-7.02B	-7.64B	-7.28B	-1.34B	-1.54B	-3.15B	-3.78B	-3.93B	-4.24B	-4.83B	-4.94B	-5.64B	-3.91B	-3.99B	-6.47B	-10.06B	-13.12B	-13.71B	-21.13B
Research & development	-607.85M	-854.24M	-679.64M	—	—	—	—	—	—	—	—	—	—	—	—	—	—	-428.76M	0	0
Selling/general/admin expenses, other	—	-6.16B	-6.96B	-7.28B	-1.34B	-1.54B	-3.15B	-3.78B	-3.93B	-4.24B	-4.83B	-4.94B	-5.64B	-3.91B	-3.99B	-6.47B	-10.06B	-12.69B	-13.71B	-21.13B
Other operating expenses, total	-96.42M	-52.16M	—	—	—	-69.83M	-7.31M	—	—	-144.53M	-90.00M	-156.00M	—	-8.00M	0	-11.00M	-20.00M	-5.00M	-16.00M	-34.00M
Operating income	761.24M	1.37B	—	—	—	2.09B	2.34B	—	—	—	3.58B	3.66B	—	5.30B	5.48B	6.19B	8.63B	10.60B	11.90B	13.13B
Non-operating income, total	17.69M	-1.00M	-78.33M	-12.68M	-58.70M	87.47M	258.33M	21.47M	15.46M	-1.19B	69.00M	-52.00M	182.00M	326.00M	470.00M	-231.00M	-12.00M	-1.09B	-1.20B	-166.00M
Interest expense, net of interest capitalized	-33.36M	-37.87M	-50.89M	-31.80M	-8.39M	-6.98M	-21.21M	-21.25M	-41.57M	-56.69M	-56.00M	-41.00M	-45.00M	-57.00M	-41.00M	-51.00M	-520.00M	-636.00M	-976.00M	-925.00M
Interest capitalized	0	0	0	0	—	0	0	0	0	—	0	0	0	0	0	0	0	0	0	0
Non-operating income, excl. interest expenses	51.05M	36.87M	40.10M	52.64M	38.14M	114.74M	279.54M	42.72M	57.03M	33.61M	146.00M	82.00M	64.00M	252.00M	306.00M	0	508.00M	64.00M	-341.00M	390.00M
Non-operating interest income	19.85M	36.87M	40.10M	52.64M	38.14M	55.74M	35.93M	42.72M	57.03M	33.61M	74.00M	82.00M	64.00M	140.00M	93.00M	109.00M	110.00M	157.00M	228.00M	910.00M
Miscellaneous non-operating expense	31.20M	130.96M	—	—	—	59.00M	243.61M	—	—	—	72.00M	-17.00M	—	112.00M	213.00M	-161.00M	228.00M	-214.00M	-582.00M	-591.00M
Unusual income/expense	—	—	-67.54M	-33.51M	-88.45M	-20.29M	—	—	—	-1.17B	-21.00M	-93.00M	163.00M	131.00M	205.00M	-180.00M	0	-518.00M	116.00M	369.00M
Pretax income	778.94M	1.50B	1.49B	1.37B	1.42B	2.18B	2.60B	2.93B	3.18B	1.76B	3.65B	3.51B	4.04B	5.62B	5.95B	5.96B	8.62B	9.51B	10.70B	12.96B
Taxes	-104.02M	-170.82M	-121.29M	-207.07M	-144.20M	-322.94M	-637.55M	-750.44M	-802.30M	-539.91M	-784.00M	-785.00M	-949.00M	-1.40B	-1.28B	-1.30B	-1.47B	-2.06B	-2.21B	-3.33B
Non-controlling/minority interest	-12.02M	-37.80M	-18.88M	-16.60M	-12.91M	-32.00M	7.99M	-51.90M	-76.16M	-78.57M	-170.00M	-220.00M	-285.00M	-188.00M	-236.00M	-104.00M	-530.00M	-513.00M	-276.00M	-1.24B
After tax other income/expense	0	0	0	0	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net income before discontinued operations	662.90M	1.29B	1.35B	1.15B	1.26B	1.82B	1.97B	2.13B	2.31B	1.14B	2.70B	2.50B	2.80B	4.03B	4.44B	4.56B	6.62B	6.94B	8.21B	8.39B
Net income	662.90M	1.29B	1.35B	1.15B	1.26B	1.82B	1.97B	2.13B	2.31B	1.14B	2.70B	2.50B	2.80B	4.03B	4.44B	4.56B	6.62B	6.94B	8.08B	8.12B
Dilution adjustment	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred dividends	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Diluted net income available to common stockholders	662.90M	1.29B	1.35B	1.15B	1.26B	1.82B	1.97B	2.13B	2.31B	1.14B	2.70B	2.50B	2.80B	4.03B	4.44B	4.56B	6.62B	6.94B	8.08B	8.12B
Basic earnings per share (Basic EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share (Diluted EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	1.15B	1.81B	—	—	—	2.40B	2.71B	—	—	3.87B	4.80B	4.93B	—	6.57B	7.21B	8.03B	10.90B	13.19B	14.87B	17.40B
EBIT	761.24M	1.37B	—	—	—	2.09B	2.34B	—	—	2.95B	3.58B	3.66B	—	5.30B	5.48B	6.19B	8.63B	10.60B	11.90B	13.13B
Total operating expenses	-5.31B	-7.49B	—	—	—	-10.23B	-13.42B	—	—	—	-23.29B	-24.36B	—	-31.46B	-36.35B	-40.47B	-55.47B	-69.78B	-78.46B	-107.61B
Prepaid expenses	329.86M	317.93M	540.03M	757.56M	909.15M	95.16M	1.50B	2.16B	2.96B	4.26B	5.07B	5.74B	6.59B	683.00M	486.00M	669.00M	881.00M	1.19B	1.22B	1.71B
Deferred income, current	—	—	—	—	—	220.23M	343.11M	426.17M	352.29M	339.82M	321.00M	275.00M	387.00M	380.00M	439.00M	536.00M	560.00M	596.00M	658.00M	1.71B
Capital and operating lease obligations	18.46M	17.44M	17.44M	8.78M	9.87M	25.42M	3.87M	1.09M	802.95K	830.04K	1.00M	1.00M	1.00M	1.00M	663.00M	937.00M	937.00M	1.79B	2.73B	2.73B
Operating lease liabilities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	658.00M	—	—	—	—	—
Deferred tax liabilities	169.50K	18.90M	25.40M	270.00K	6.20M	105.50M	285.33M	333.86M	—	340.65M	789.00M	831.00M	687.00M	669.00M	532.00M	326.00M	891.00M	664.00M	941.00M	2.85B
Deferred income, non-current	0	0	0	0	0	0	58.85M	0	0	0	208.00M	82.00M	31.00M	12.00M	—	36.00M	51.00M	59.00M	127.00M	1.59B
Minority interest	63.31M	149.32M	49.50M	21.91M	28.38M	42.99M	123.10M	173.00M	189.04M	188.68M	193.00M	237.00M	222.00M	75.00M	0	0	983.00M	874.00M	1.00B	19.50B
Change in accrued expenses	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	232.00M	511.00M
Common dividends paid	-241.52M	-263.56M	-296.49M	-499.49M	-488.23M	-486.60M	-511.33M	-566.26M	-546.71M	-651.78M	-731.00M	-738.00M	-810.00M	-1.09B	-1.47B	-686.00M	-3.15B	-3.53B	-4.66B	-4.98B
Preferred dividends paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total revenue	6.08B	8.86B	9.42B	9.80B	9.14B	12.32B	15.76B	20.21B	23.05B	23.72B	26.88B	28.02B	29.91B	36.76B	41.84B	46.66B	64.10B	80.39B	90.36B	120.73B
Gross profit	1.47B	8.42B	9.03B	—	2.89B	3.70B	5.50B	6.55B	6.91B	7.33B	8.50B	8.75B	9.52B	9.21B	9.47B	12.67B	18.71B	23.73B	25.63B	34.29B
Operating expenses (excl. COGS)	-704.27M	-7.02B	-7.64B	-7.28B	-1.34B	-1.61B	-3.15B	-3.78B	-3.93B	-4.38B	-4.92B	-5.10B	-5.64B	-3.92B	-3.99B	-6.48B	-10.08B	-13.12B	-13.73B	-21.16B
Selling/general/admin expenses, total	-607.85M	-7.02B	-7.64B	-7.28B	-1.34B	-1.54B	-3.15B	-3.78B	-3.93B	-4.24B	-4.83B	-4.94B	-5.64B	-3.91B	-3.99B	-6.47B	-10.06B	-13.12B	-13.71B	-21.13B
Research & development	-607.85M	-854.24M	-679.64M	—	—	—	—	—	—	—	—	—	—	—	—	—	—	-428.76M	0	0
Selling/general/admin expenses, other	—	-6.16B	-6.96B	-7.28B	-1.34B	-1.54B	-3.15B	-3.78B	-3.93B	-4.24B	-4.83B	-4.94B	-5.64B	-3.91B	-3.99B	-6.47B	-10.06B	-12.69B	-13.71B	-21.13B
Other operating expenses, total	-96.42M	-52.16M	—	—	—	-69.83M	-7.31M	—	—	-144.53M	-90.00M	-156.00M	—	-8.00M	0	-11.00M	-20.00M	-5.00M	-16.00M	-34.00M
Operating income	761.24M	1.37B	—	—	—	2.09B	2.34B	—	—	—	3.58B	3.66B	—	5.30B	5.48B	6.19B	8.63B	10.60B	11.90B	13.13B
Non-operating income, total	17.69M	-1.00M	-78.33M	-12.68M	-58.70M	87.47M	258.33M	21.47M	15.46M	-1.19B	69.00M	-52.00M	182.00M	326.00M	470.00M	-231.00M	-12.00M	-1.09B	-1.20B	-166.00M
Interest expense, net of interest capitalized	-33.36M	-37.87M	-50.89M	-31.80M	-8.39M	-6.98M	-21.21M	-21.25M	-41.57M	-56.69M	-56.00M	-41.00M	-45.00M	-57.00M	-41.00M	-51.00M	-520.00M	-636.00M	-976.00M	-925.00M
Interest capitalized	0	0	0	0	—	0	0	0	0	—	0	0	0	0	0	0	0	0	0	0
Non-operating income, excl. interest expenses	51.05M	36.87M	40.10M	52.64M	38.14M	114.74M	279.54M	42.72M	57.03M	33.61M	146.00M	82.00M	64.00M	252.00M	306.00M	0	508.00M	64.00M	-341.00M	390.00M
Non-operating interest income	19.85M	36.87M	40.10M	52.64M	38.14M	55.74M	35.93M	42.72M	57.03M	33.61M	74.00M	82.00M	64.00M	140.00M	93.00M	109.00M	110.00M	157.00M	228.00M	910.00M
Miscellaneous non-operating expense	31.20M	130.96M	—	—	—	59.00M	243.61M	—	—	—	72.00M	-17.00M	—	112.00M	213.00M	-161.00M	228.00M	-214.00M	-582.00M	-591.00M
Unusual income/expense	—	—	-67.54M	-33.51M	-88.45M	-20.29M	—	—	—	-1.17B	-21.00M	-93.00M	163.00M	131.00M	205.00M	-180.00M	0	-518.00M	116.00M	369.00M
Pretax income	778.94M	1.50B	1.49B	1.37B	1.42B	2.18B	2.60B	2.93B	3.18B	1.76B	3.65B	3.51B	4.04B	5.62B	5.95B	5.96B	8.62B	9.51B	10.70B	12.96B
Taxes	-104.02M	-170.82M	-121.29M	-207.07M	-144.20M	-322.94M	-637.55M	-750.44M	-802.30M	-539.91M	-784.00M	-785.00M	-949.00M	-1.40B	-1.28B	-1.30B	-1.47B	-2.06B	-2.21B	-3.33B
Non-controlling/minority interest	-12.02M	-37.80M	-18.88M	-16.60M	-12.91M	-32.00M	7.99M	-51.90M	-76.16M	-78.57M	-170.00M	-220.00M	-285.00M	-188.00M	-236.00M	-104.00M	-530.00M	-513.00M	-276.00M	-1.24B
After tax other income/expense	0	0	0	0	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net income before discontinued operations	662.90M	1.29B	1.35B	1.15B	1.26B	1.82B	1.97B	2.13B	2.31B	1.14B	2.70B	2.50B	2.80B	4.03B	4.44B	4.56B	6.62B	6.94B	8.21B	8.39B
Net income	662.90M	1.29B	1.35B	1.15B	1.26B	1.82B	1.97B	2.13B	2.31B	1.14B	2.70B	2.50B	2.80B	4.03B	4.44B	4.56B	6.62B	6.94B	8.08B	8.12B
Dilution adjustment	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred dividends	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Diluted net income available to common stockholders	662.90M	1.29B	1.35B	1.15B	1.26B	1.82B	1.97B	2.13B	2.31B	1.14B	2.70B	2.50B	2.80B	4.03B	4.44B	4.56B	6.62B	6.94B	8.08B	8.12B
Basic earnings per share (Basic EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share (Diluted EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	1.15B	1.81B	—	—	—	2.40B	2.71B	—	—	3.87B	4.80B	4.93B	—	6.57B	7.21B	8.03B	10.90B	13.19B	14.87B	17.40B
EBIT	761.24M	1.37B	—	—	—	2.09B	2.34B	—	—	2.95B	3.58B	3.66B	—	5.30B	5.48B	6.19B	8.63B	10.60B	11.90B	13.13B
Total operating expenses	-5.31B	-7.49B	—	—	—	-10.23B	-13.42B	—	—	—	-23.29B	-24.36B	—	-31.46B	-36.35B	-40.47B	-55.47B	-69.78B	-78.46B	-107.61B
Prepaid expenses	329.86M	317.93M	540.03M	757.56M	909.15M	95.16M	1.50B	2.16B	2.96B	4.26B	5.07B	5.74B	6.59B	683.00M	486.00M	669.00M	881.00M	1.19B	1.22B	1.71B
Deferred income, current	—	—	—	—	—	220.23M	343.11M	426.17M	352.29M	339.82M	321.00M	275.00M	387.00M	380.00M	439.00M	536.00M	560.00M	596.00M	658.00M	1.71B
Capital and operating lease obligations	18.46M	17.44M	17.44M	8.78M	9.87M	25.42M	3.87M	1.09M	802.95K	830.04K	1.00M	1.00M	1.00M	1.00M	663.00M	937.00M	937.00M	1.79B	2.73B	2.73B
Operating lease liabilities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	658.00M	—	—	—	—	—
Deferred tax liabilities	169.50K	18.90M	25.40M	270.00K	6.20M	105.50M	285.33M	333.86M	—	340.65M	789.00M	831.00M	687.00M	669.00M	532.00M	326.00M	891.00M	664.00M	941.00M	2.85B
Deferred income, non-current	0	0	0	0	0	0	58.85M	0	0	0	208.00M	82.00M	31.00M	12.00M	—	36.00M	51.00M	59.00M	127.00M	1.59B
Minority interest	63.31M	149.32M	49.50M	21.91M	28.38M	42.99M	123.10M	173.00M	189.04M	188.68M	193.00M	237.00M	222.00M	75.00M	0	0	983.00M	874.00M	1.00B	19.50B
Change in accrued expenses	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	232.00M	511.00M
Common dividends paid	-241.52M	-263.56M	-296.49M	-499.49M	-488.23M	-486.60M	-511.33M	-566.26M	-546.71M	-651.78M	-731.00M	-738.00M	-810.00M	-1.09B	-1.47B	-686.00M	-3.15B	-3.53B	-4.66B	-4.98B
Preferred dividends paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0