Coforge Key Ratios
NSE: COFORGE | BSE: 532541
₹2,051.60
As on 11-Nov-2026 10:24IST
Market cap
₹90,739 Cr
Revenue (TTM)
₹20,337 Cr
P/E Ratio
46.1
P/B Ratio
4.1
Div. Yield
0.8 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 11.63 | 53.64 | 41.22 | 32.60 | 29.97 |
| EBIT | 14.85 | 59.75 | 74.53 | 43.69 | 34.11 |
| Net Profit | 12.50 | 67.40 | 96.88 | 44.56 | 33.16 |
| EPS | 13.27 | 18.16 | 44.93 | 31.04 | 23.93 |
| Book Value | -- | -- | 49.06 | 41.25 | 28.23 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 12.26 | 12.63 | 14.81 | 13.53 | 10.49 |
| Net Margin
| 9.13 | 9.53 | 10.28 | 10.14 | 7.87 |
| Return on equity
| 22.38 | 24.30 | 13.79 | 21.64 | 19.70 |
| Return on Capital
| 27.44 | 29.48 | -- | 24.70 | 25.68 |
| Return on Assets
| 10.79 | 11.67 | 8.68 | 11.11 | 9.16 |
| Debt to Equity (x)
| -- | -- | 0.19 | 0.04 | 0.11 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
--
|
24.70
|
25.68
|
31.94
|
31.71
|
|
Peer Median
|
--
|
22.93
|
24.14
|
24.63
|
--
|
ROE
13.79
Lower than Peers by 2.52
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
13.79
|
21.64
|
19.70
|
25.81
|
26.28
|
|
Peer Median
|
16.31
|
18.98
|
19.11
|
19.49
|
--
|
ROA
8.68
Lower than Peers by 2.34
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
8.68
|
11.11
|
9.16
|
12.11
|
11.82
|
|
Peer Median
|
11.02
|
10.67
|
12.33
|
10.93
|
--
|
EBIT Margin
14.81
Higher than Peers by 3.32
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
14.81
|
13.53
|
10.49
|
12.76
|
12.75
|
|
Peer Median
|
11.49
|
13.02
|
12.56
|
11.68
|
--
|
Net Margin
10.28
Lower than Peers by 0.10
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
10.28
|
10.14
|
7.87
|
9.38
|
9.23
|
|
Peer Median
|
10.38
|
10.79
|
10.13
|
8.95
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
--
|
14.37
|
11.52
|
12.72
|
12.52
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
41.22
Higher than Peers by 30.90
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
41.22
|
35.86
|
34.02
|
12.41
|
24.61
|
|
Peer Median
|
10.32
|
13.87
|
10.99
|
26.03
|
--
|
EBIT Growth
74.53
Higher than Peers by 60.80
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
74.53
|
75.31
|
10.11
|
12.49
|
16.86
|
|
Peer Median
|
13.73
|
23.06
|
6.95
|
29.78
|
--
|
Net Profit Growth
96.88
Higher than Peers by 83.70
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
96.88
|
73.79
|
13.50
|
13.93
|
4.25
|
|
Peer Median
|
13.19
|
32.13
|
8.15
|
35.40
|
--
|
EPS Growth
44.93
Higher than Peers by 35.17
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
44.93
|
90.71
|
-7.15
|
15.14
|
4.51
|
|
Peer Median
|
9.75
|
31.70
|
11.24
|
20.00
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
--
|
49.73
|
72.90
|
19.72
|
11.90
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.19
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
0.19
|
0.04
|
0.11
|
0.12
|
0.11
|
|
Peer Median
|
--
|
0.07
|
0.03
|
0.03
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
--
|
0.02
|
0.11
|
0.03
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.49
Lower than Peers by 0.75
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
1.49
|
1.38
|
1.59
|
1.70
|
1.50
|
|
Peer Median
|
2.23
|
2.24
|
2.61
|
2.65
|
--
|
Quick Ratio
1.49
Lower than Peers by 0.74
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
1.49
|
1.38
|
1.59
|
1.70
|
1.50
|
|
Peer Median
|
2.23
|
2.34
|
3.04
|
2.66
|
--
|
Interest Coverage
10.09
Lower than Peers by 7.11
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
10.09
|
12.46
|
10.62
|
9.52
|
12.80
|
|
Peer Median
|
17.20
|
21.22
|
17.06
|
18.29
|
--
|
Operating Efficiency
Debtors to sales
27.00
Higher than Peers by 4.59
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
27.00
|
24.20
|
21.35
|
20.02
|
20.13
|
|
Peer Median
|
22.42
|
19.87
|
20.79
|
20.16
|
--
|
Asset Turnover
0.84
Lower than Peers by 0.11
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
0.84
|
1.09
|
1.15
|
1.29
|
1.27
|
|
Peer Median
|
0.95
|
1.10
|
1.16
|
1.28
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
--
|
72.84
|
66.22
|
69.22
|
68.37
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
46.08
Higher than Peers by 26.51
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
46.08
|
24.07
|
13.34
|
8.41
|
33.62
|
|
Peer Median
|
19.57
|
32.31
|
41.37
|
39.73
|
--
|
Price / Book Value
4.06
Higher than Peers by 1.37
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
4.06
|
4.04
|
8.74
|
9.48
|
7.79
|
|
Peer Median
|
2.69
|
4.55
|
6.34
|
4.65
|
--
|
Dividend Yield
0.77
No difference
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
0.77
|
1.42
|
0.94
|
1.38
|
1.68
|
|
Peer Median
|
0.77
|
0.34
|
0.32
|
0.68
|
--
|
EV/EBITDA
23.78
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
23.78
|
12.21
|
29.06
|
22.84
|
17.19
|
|
Peer Median
|
--
|
23.12
|
28.75
|
19.68
|
--
|
Market Cap
90,739
Higher than Peers by 88,746
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
90,739
|
37,452
|
54,180
|
33,983
|
23,324
|
|
Peer Median
|
1,993
|
2,236
|
3,286
|
3,257
|
--
|