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

The projected decline in COFORGE's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.

Financial Ratios:

currentRatio 1.713000
forwardPE 36.972973
debtToEquity 12.851000
earningsGrowth 0.077000
revenueGrowth 0.446000
grossMargins 0.399690
operatingMargins 0.117770
trailingEps 25.180000
forwardEps 208.660000

COFORGE's current ratio of 1.713 means the company has enough liquidity to meet its short-term debt obligations. With sufficient cash reserves and current assets, COFORGE can comfortably cover its liabilities, reflecting a strong financial outlook.
Coforge Limited's low Debt-to-Equity ratio demonstrates that the company is not over-leveraged. This means it maintains a healthy balance between debt and equity, lowering financial risk and contributing to overall financial stability, which could attract risk-averse investors.
COFORGE's forward EPS being higher than its trailing EPS signals anticipated growth in profitability for the current financial year. This suggests that COFORGE is on track to improve its earnings, outpacing the previous year's performance and reflecting positive market expectations.

Price projections:

Price projections for COFORGE
Price projections for COFORGE

COFORGE's price has consistently been situated near the lower end of expected values. This ongoing trend may reflect investor skepticism about the company's growth potential and overall performance.

Insider Transactions:

Insider Transactions for COFORGE
Insider Transactions for COFORGE


Coforge Limited stock was sold in 19 transactions, with market price at 7489.628880550987.There were no sell transactions throughout the period under consideration.The recent buying activity at current COFORGE price levels exceeds selling, suggesting a potential positive outlook. Investors may see this trend as an indicator that the stock is likely to perform well, reflecting growing confidence.

Recommendation changes over time:

Recommendations trend for COFORGE
Recommendations trend for COFORGE


Analysts have maintained a buy bias for Coforge Limited, which could prompt investors to consider the stock as a viable investment. With this positive outlook, Coforge Limited is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.