Overall Fundamental outlook

Business Operations:

Sector: Technology
Industry: Information Technology Services

Coforge Limited provides information technology (IT) and IT enabled services in India, the Americas, Europe, the Middle East and Africa, India, and the Asia Pacific. The company offers digital process automation services, including workflow/process management, artificial intelligence (AI) and predictive analytics, RPA, and case management; digital services, such as interactive services, product engineering, enterprise, and intelligent automation; and cloud and infrastructure management services comprising cloud, workplace, cybersecurity, data center, and always on network, as well as service integration services. It also offers cybersecurity services, which include security incident management; vulnerability management; threat intelligence; identity and access management; phishing, analysis, and training; governance & risk management; and workplace security. In addition, the company provides AI and machine learning, business analytics and BI, data engineering and management, D&A Ops, and advisory services. Further, it offers engineering services consisting of product quality, advisory consulting, automation engineering, business assurance testing, enterprise and product testing, AI, and ML infused testing services. Additionally, the company provides business process solutions. Coforge Limited serves insurance, travel, tourism, hospitality, banking and financial services, retail, healthcare, and public sectors. It has strategic alliances with Kong Inc. for cloud API services; and Newgen Software Technologies Limited to enhance digital operations for organizations. The company was formerly known as NIIT Technologies Limited and changed its name to Coforge Limited in August 2020. Coforge Limited was incorporated in 1992 and is based in Gurugram, India.

Revenue projections:

Revenue projections for COFORGE
Revenue projections for COFORGE

Investors may be wary of COFORGE as its revenues are expected to fall below the prior year's levels. A revenue decrease often leads to concerns about profitability, as it is likely to affect the company's bottom line, prompting investors to take a more cautious approach.

Financial Ratios:

currentRatio 0.000000
forwardPE 30.182795
debtToEquity 10.888000
earningsGrowth 0.155000
revenueGrowth 0.262000
grossMargins 0.415870
operatingMargins 0.133570
trailingEps 33.380000
forwardEps 54.091620

COFORGE's low Debt-to-Equity ratio means the company is not over-leveraged, highlighting its conservative use of debt. This suggests reduced financial risk and a stable balance sheet, making COFORGE a financially resilient company with lower exposure to debt-related pressures.
With positive earnings and revenue growth, COFORGE is on a path to expand its business. This strong financial performance suggests the company will continue to grow, as increasing profits and revenue highlight a healthy outlook.
With COFORGE's forward EPS higher than its trailing EPS, the company is expected to be more profitable in the current financial year. This signals confidence in COFORGE's growth potential, as improved earnings are forecasted compared to the prior year's performance.

Price projections:

Price projections for COFORGE
Price projections for COFORGE

The price of COFORGE has repeatedly been close to the lower limit of price projections. This trend suggests that the stock may be underperforming, raising concerns among investors about future performance.

Insider Transactions:

Insider Transactions for COFORGE
Insider Transactions for COFORGE


COFORGE experienced 7 sell transactions with market price of 8444.099888392857 per share.There were no sell transactions during the given period.Investors have been purchasing COFORGE more than selling it at current price levels, which may reflect optimism. This pattern suggests that the market expects favorable outcomes for the stock, leading to increased buying interest.

Recommendation changes over time:

Recommendations trend for COFORGE
Recommendations trend for COFORGE


Analysts' buy bias toward COFORGE suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, COFORGE is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.