Coforge logo

Coforge share price

NSE: COFORGEBSE: 532541IT - SoftwareMid Cap

Formerly NIIT Technologies
Last close ₹1,900.50down ₹8.30 (0.43%)BSE ₹1,900.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,908.80.

52-week range of traded prices to 23 Oct 2026
₹1,008.10Low, 17 Mar 2026₹2,021.20High, 31 Aug 2026
Market cap
₹84,199 Cr200th largest listed
P/E
48.1
P/E without one-offs
42.0
P/B
Mergernew accounts awaited
Dividend yield
0.63%
Volume, NSE
35,41,63643.9% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

+8.3%over a year · Nifty IT −11.3% · Nifty 500 −9.8%

ResultsDividend20-session average 22,59,955 shares a day, 44.4% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 28 Jul

Revenue
₹5,528 Crup 24.21%
Net profit
₹532 Crdown 20.19%
Net margin
9.6%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2025, the company's revenue for that year, ₹12,051 Cr, differs from its quarters added, ₹12,191 Cr.

₹ croreSep 2024Filed 24 OctDec 2024Filed 23 JanMar 2025Filed 1 JulJun 2025Filed 28 JulSep 2025Filed 24 OctDec 2025Filed 22 JanMar 2026Filed 5 MayJun 2026Filed 28 Jul
Revenue3,0623,3183,4103,6893,9864,1884,4505,528
Net profit234256307356425297666532
Net margin7.6%7.7%9.0%–10.7%7.1%15.0%9.6%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share. Net margin is left blank for Jun 2025: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2025, the company's revenue for the year to Mar 2025, ₹12,051 Cr, differs from its quarters added, ₹12,191 Cr. From the quarter to Jun 2025, the company reports a discontinued business.

Business segments

Share of revenue, year to Mar 2025, consolidated.Segment revenue and profit

  • America₹6,609 Cr54.8%
  • Europe,Middle East and Africa₹4,053 Cr33.6%
  • Asia Pacific₹859 Cr7.1%
  • India₹530 Cr4.4%

Valuation

Today, against the company's own history. Not shown, P/B: merger, new accounts awaited. Not shown, EV/EBITDA: merger, new accounts awaited. Its history crosses a change of basis in the accounts in the year to Mar 2025: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 70% of 2,094 trading days over the last 10 years.

LowestHighest
Its median31.7Industry median17.0
Dividend yield

At or below today's level on 10% of 2,408 trading days over the last 10 years.

LowestHighest
Its median1.20%Industry median1.44%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−30.2%+88.8%−63.6%1.1%
3 years+14.6%+26.8%−10.5%1.1%
5 years+15.0%+25.5%−9.3%1.2%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2026.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026. The company has no promoter group.Shareholding pattern

Shareholding by group

  • Foreign institutions24.76%
  • Indian institutions43.79%
  • Individuals and others31.46%
Holder
AI ALTIUS PARENT (CAYMAN) LIMITEDForeign companies12.84%
ENCORA HOLDCO LIMITEDForeign companies8.33%
LIC I NEW PENSION PLUS GROWTH FUNDInsurance companies2.83%
HDFC LIFE INSURANCE COMPANY LIMITEDInsurance companies1.64%
SBI LIFE INSURANCE CO. LTDInsurance companies1.63%
NPS TR AC ICICI PENSION FUND SCHEME E - TIER IProvident and pension funds1.24%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

The filing reports 9,37,96,508 of its 44,30,38,622 shares locked in.

Mutual funds holding it

334 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 116 of the 203 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 3 more funds filed their first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
5
Bought again
8
Added
88
Cut
115
Held unchanged
115
Sold out
26
Fund
HDFC Mutual Fund logoHDFC Mid Cap FundHDFC Mutual Fund1,56,20,6002.68%₹2,732.2 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Midcap FundMotilal Oswal Mutual Fund1,24,88,9265.43%₹2,184.4 Cr
SBI Mutual Fund logoSBI Aggressive Hybrid FundSBI Mutual Fund90,00,0001.83%₹1,574.2 Cr
UTI Mutual Fund logoUTI Flexi Cap FundUTI Mutual Fund48,47,7503.77%₹847.9 Cr
DSP Mutual Fund logoDSP Midcap FundDSP Mutual Fund45,39,4224.07%₹794.0 Cr
Kotak Mahindra Mutual Fund logoKotak Arbitrage FundKotak Mahindra Mutual Fund33,51,6000.78%₹586.2 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Flexi cap FundMotilal Oswal Mutual Fund33,50,0004.36%₹585.9 Cr
Axis Mutual Fund logoAxis Midcap FundAxis Mutual Fund29,21,0711.52%₹510.9 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Technology FundICICI Prudential Mutual Fund28,03,1753.92%₹490.3 Cr
SBI Mutual Fund logoSBI Flexicap FundSBI Mutual Fund26,03,5002.06%₹455.4 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Computers - Software & Consulting, 99 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Coforge in market cap.

Coforge is not on the chart: it has no return on equity today

Return on equity across, P/E up, size is market cap
Company
Wipro logoWiproWIPRO1,88,04114.32.410.5+8.2%−2.4%16.0%15.9%4.21%
Tech Mahindra logoTech MahindraTECHM1,75,44831.85.916.4+13.6%+23.7%19.3%26.7%2.85%
LTM logoLTMLTM1,22,62323.54.714.7+14.7%+7.4%21.2%27.3%1.89%
Persistent Systems logoPersistent SystemsPERSISTENT90,35150.110.531.3+27.1%+8.3%22.9%27.2%0.70%
MphasiS logoMphasiSMPHASIS47,35624.84.415.4+13.7%+9.8%18.8%19.9%2.50%
Hexaware Technologies logoHexaware TechnologiesHEXT36,09926.95.416.0––21.5%26.4%1.44%
Tata Elxsi logoTata ElxsiTATAELXSI23,05334.47.923.5+10.0%−0.1%23.9%28.2%2.03%
KPIT Technologies logoKPIT TechnologiesKPITTECH14,60225.14.111.2+9.6%−27.8%18.1%22.7%1.41%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹15.20 a share, years to Mar 2024 and Mar 2025.
Ex-dateTypePer share
3 Aug 2026Interim₹4.00
30 Jan 2026Interim₹4.00
31 Oct 2025Interim₹4.00
31 Jul 2025Interim₹4.00
9 May 2025Interim₹19.00
30 Jan 2025Interim₹19.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Coforge share price by year

Each calendar year to 2025.Coforge share price history

YearClose at year endChangeHighest closeLowest close
20251,663.00−13.9%1,977.901,263.33
20241,932.59+54.0%1,963.59860.36
20231,254.88+61.5%1,288.22719.61
2022776.82−34.1%1,221.08646.76
20211,178.07+117.7%1,178.07478.56
2020541.03+70.2%559.50172.84
2019317.97+38.3%321.84224.54
2018229.86+78.2%281.34128.51
2017129.01+51.9%135.3981.72
201684.94−26.7%116.1078.24
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20261,925.001,992.401,890.001,900.501,928.1235,41,63643.9%
22 Oct 20261,955.001,986.601,900.301,908.801,945.5235,15,72953.7%
21 Oct 20261,937.601,969.001,931.101,951.001,953.5420,42,27547.1%
19 Oct 20261,951.001,964.701,916.401,925.001,935.3413,09,63841.8%
16 Oct 20261,942.001,951.901,900.601,951.901,930.6720,71,56942.5%
15 Oct 20261,948.201,970.001,924.701,934.301,937.9926,18,69350.8%
14 Oct 20261,940.001,964.901,917.701,928.001,933.4727,43,43752.6%
13 Oct 20261,866.101,943.501,852.201,929.001,908.4338,17,79634.7%
12 Oct 20261,880.001,884.901,837.201,846.601,850.1712,59,80046.0%
9 Oct 20261,839.301,884.101,839.001,867.901,863.5923,03,22435.9%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
4 Jun 2025Split0.2000Each share became 5.
23 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
22 Jan 2008Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
21 Jan 2008Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
30 Aug 2007Bonus0.6667Holders received 1 bonus share for every 2 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

About Coforge

Coforge Limited is an information technology services company. It provides engineering, cloud and data services, built on artificial intelligence, to large enterprises. It serves 260 clients, including 61 Forbes Global 1000 organisations, and has 35,777 employees. Its ten largest clients have been with it for more than 10 years on average.

The business is organised by industry: banking and financial services, insurance, travel, public sector outside India, hi-tech and healthcare. Coforge Nuuron is the company's AI operationalization platform, which it uses to help enterprises deploy artificial intelligence solutions with controls for compliance and risk management. Its other platforms include CodeInsightAI, a legacy modernization tool, and BlueSwan, a quality engineering platform driven by artificial intelligence.

Coforge has a presence across North America, South America, Europe, the Middle East, India, Asia-Pacific and Australia. It runs 54 delivery centres across 32 countries. Its registered office is in Gurugram, Haryana.

It was incorporated in 1992. Cigniti Technologies Limited has been merged into Coforge, after the National Company Law Tribunal approved the scheme in April 2026. Coforge has also acquired all the outstanding shares of Rythmos Inc. It completed the acquisition of Encora, an engineering firm that began in Silicon Valley, in April 2026. The purchase was made through a share swap, under which Encora's investors were allotted newly issued Coforge shares. Encora brings more than 3,500 engineers in Latin America.

Legal name
Coforge Limited
NSE symbol
COFORGE
BSE code
532541
ISIN
INE591G01025
Industry
IT - Software
Listed
Aug 2004
Face value
₹2
Former symbols
NIITTECH
CIN
L72100HR1992PLC128382
Corporate identity number, the registrar of companies' code for it