Coforge Key Ratios
NSE: COFORGE | BSE: 532541
₹1,790.50
As on 23-Sep-2026 14:14IST
Market cap
₹79,242 Cr
Revenue (TTM)
₹18,152 Cr
P/E Ratio
45.1
P/B Ratio
3
Div. Yield
0.9 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 24.21 | 49.22 | 35.36 | 29.25 | 29.07 |
| EBIT | 17.29 | 95.52 | 82.05 | 36.88 | 33.04 |
| Net Profit | -15.88 | 108.09 | 103.41 | 37.52 | 31.27 |
| EPS | -35.69 | 23.51 | 63.24 | 27.94 | 24.17 |
| 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 | 14.51 | 13.53 | 10.49 |
| Net Margin
| 9.13 | 9.53 | 10.52 | 10.14 | 7.87 |
| Return on equity
| 22.38 | 24.30 | 23.69 | 21.64 | 19.70 |
| Return on Capital
| 27.44 | 29.48 | -- | 24.70 | 25.68 |
| Return on Assets
| 10.79 | 11.67 | 14.03 | 11.11 | 9.16 |
| Debt to Equity (x)
| -- | -- | 0.01 | 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
|
--
|
23.76
|
22.93
|
24.14
|
24.63
|
ROE
23.69
Higher than Peers by 7.62
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
23.69
|
21.64
|
19.70
|
25.81
|
26.28
|
|
Peer Median
|
16.06
|
19.08
|
18.98
|
19.11
|
19.49
|
ROA
14.03
Higher than Peers by 3.01
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
14.03
|
11.11
|
9.16
|
12.11
|
11.82
|
|
Peer Median
|
11.02
|
11.34
|
10.67
|
12.33
|
10.93
|
EBIT Margin
14.51
Higher than Peers by 3.42
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
14.51
|
13.53
|
10.49
|
12.76
|
12.75
|
|
Peer Median
|
11.09
|
14.85
|
13.02
|
12.56
|
11.68
|
Net Margin
10.52
Higher than Peers by 0.42
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
10.52
|
10.14
|
7.87
|
9.38
|
9.23
|
|
Peer Median
|
10.10
|
10.97
|
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
35.36
Higher than Peers by 25.59
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
35.36
|
35.86
|
34.02
|
12.41
|
24.61
|
|
Peer Median
|
9.77
|
19.06
|
13.87
|
10.99
|
26.03
|
EBIT Growth
82.05
Higher than Peers by 68.70
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
82.05
|
75.31
|
10.11
|
12.49
|
16.86
|
|
Peer Median
|
13.36
|
36.39
|
23.06
|
6.95
|
29.78
|
Net Profit Growth
103.41
Higher than Peers by 90.14
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
103.41
|
73.79
|
13.50
|
13.93
|
4.25
|
|
Peer Median
|
13.27
|
15.97
|
32.13
|
8.15
|
35.40
|
EPS Growth
63.24
Higher than Peers by 54.23
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
63.24
|
90.71
|
-7.15
|
15.14
|
4.51
|
|
Peer Median
|
9.01
|
14.88
|
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
0.01
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
0.01
|
0.04
|
0.11
|
0.12
|
0.11
|
|
Peer Median
|
--
|
0.10
|
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
1.61
Lower than Peers by 0.55
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
1.61
|
1.38
|
1.59
|
1.70
|
1.50
|
|
Peer Median
|
2.16
|
1.99
|
2.24
|
2.61
|
2.65
|
Quick Ratio
1.61
Lower than Peers by 0.53
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
1.61
|
1.38
|
1.59
|
1.70
|
1.50
|
|
Peer Median
|
2.14
|
2.33
|
2.34
|
3.04
|
2.66
|
Interest Coverage
11.86
Lower than Peers by 5.05
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
11.86
|
12.46
|
10.62
|
9.52
|
12.80
|
|
Peer Median
|
16.91
|
16.80
|
21.22
|
17.06
|
18.29
|
Operating Efficiency
Debtors to sales
21.87
Lower than Peers by 0.19
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
21.87
|
24.20
|
21.35
|
20.02
|
20.13
|
|
Peer Median
|
22.06
|
24.15
|
19.87
|
20.79
|
20.16
|
Asset Turnover
1.33
Higher than Peers by 0.35
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
1.33
|
1.09
|
1.15
|
1.29
|
1.27
|
|
Peer Median
|
0.98
|
1.27
|
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
45.10
Higher than Peers by 22.61
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
|
45.10
|
24.07
|
13.34
|
8.41
|
33.62
|
|
Peer Median
|
22.50
|
29.25
|
32.31
|
41.37
|
39.73
|
Price / Book Value
2.95
Higher than Peers by 0.15
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
|
2.95
|
4.04
|
8.74
|
9.48
|
7.79
|
|
Peer Median
|
2.80
|
3.64
|
4.55
|
6.34
|
4.65
|
Dividend Yield
0.88
Lower than Peers by 0.16
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
|
0.88
|
1.42
|
0.94
|
1.38
|
1.68
|
|
Peer Median
|
1.04
|
0.30
|
0.34
|
0.32
|
0.68
|
EV/EBITDA
22.45
--
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
|
22.45
|
12.21
|
29.06
|
22.84
|
17.19
|
|
Peer Median
|
--
|
19.82
|
23.12
|
28.75
|
19.68
|
Market Cap
79,242
Higher than Peers by 77,006
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Coforge
|
79,242
|
37,452
|
54,180
|
33,983
|
23,324
|
|
Peer Median
|
2,236
|
1,816
|
2,236
|
3,286
|
3,257
|