Business description: Coforge Limited

Coforge Limited is an India-based information technology (IT) solution company. It is engaged in the in-application development and maintenance, managed services, cloud computing and business process outsourcing. The Company provides computer programming consultancy and related activities. Its geographical segments include Americas, Europe, Middle East, and Africa (EMEA), Asia Pacific (APAC), and India. It offers various services, such as Artificial Intelligence, Digital, Data and Analytics, Digital Process Automation, Salesforce Ecosystem, Cloud and Infrastructure Management Services, Cybersecurity Services, Business Process Solutions, Quality Engineering Services, Systems, Applications & Products in Data Processing (SAP) Services, and Metaverse. Its salesforce ecosystem includes Salesforce, and Mulesoft. Its digital process automation includes Appian, Pega, Mendix, and OutSystems. Its cloud and infrastructure management services include Cloud Services, Anyplace Workplace, and others.

Number of employees: 25,620

Sales by Activity: Coforge Limited

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

Software Solutions

46.63B 64.32B 80.15B 91.79B 121B

Geographical breakdown of sales: Coforge Limited

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

Americas

22.24B 33.29B 40.02B 44.35B 66.08B

Europe, Middle East and Africa

17.18B 22.77B 31.18B 36.16B 40.53B

Asia Pacific

4.04B 5.44B 5.82B 6.36B 8.59B

India

3.18B 2.82B 3.13B 4.92B 5.3B

Executive Committee: Coforge Limited

Manager TitleAgeSince
Chief Executive Officer 55 28/05/2017
Director of Finance/CFO - 04/01/2024
Compliance Officer - 31/07/2021
Investor Relations Contact - 27/07/2025
Human Resources Officer - 01/04/2024

Composition of the Board of Directors: Coforge Limited

Director TitleAgeSince
Director/Board Member 55 28/01/2020
Director/Board Member - 06/05/2022
Director/Board Member 67 19/01/2024
Chairman 75 28/06/2024
Director/Board Member - 09/10/2025

Shareholders: Coforge Limited

NameEquities%Valuation
Motilal Oswal Asset Management Co. Ltd.
8.677 %
29,071,631 8.677 % 379 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt)
5.919 %
19,830,183 5.919 % 259 M ₹
Life Insurance Corporation of India (Investment Portfolio)
4.656 %
15,600,127 4.656 % 203 M ₹
DSP Asset Managers Pvt. Ltd.
3.853 %
12,907,595 3.853 % 168 M ₹
Norges Bank Investment Management
3.629 %
12,158,148 3.629 % 159 M ₹

Holdings: Coforge Limited

NameEquities%Valuation
14,875,357 54% 193 M $

Company details: Coforge Limited

Coforge Ltd.

8, Balaji Estate, Third Floor

110019, New Delhi

+91 11 4102 9297

http://www.coforge.com
address Coforge Limited(COFORGE)

Group companies: Coforge Limited

NameCategory and Sector
Other Transportation
Other Transportation
Packaged Software
Packaged Software

Other IT Services & Consulting

Change 5d. change 1-year change 3-years change Capi.($)
-1.64%-6.29%-25.28%+33.39% 3.96B
-0.57%-4.86%+0.20%+96.11% 231B
+0.31%-8.53%-37.98%-21.75% 121B
-1.31%-5.75%-31.35%-26.55% 94.29B
+1.35%-7.83%-28.23%-2.36% 83.96B
-0.66%-2.65%-30.73%+2.59% 61.07B
+0.80%-1.01%+19.24%+29.72% 61.14B
-1.38%-4.59%-20.99%-13.02% 54.61B
-2.41%-2.31%-13.64%+20.64% 38.77B
+0.85%-2.93%+19.55%+96.37% 38.94B
Average -0.52%-4.72%-14.92%+21.52% 78.88B
Weighted average by Cap. -0.34%-5.15%-14.69%+28.94%
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
30
Last Close Price
1,089.70INR
Average target price
1,880.61INR
Spread / Average Target
+72.58%

Quarterly revenue - Rate of surprise

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