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

Coforge Limited is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.

Financial Ratios:

currentRatio 0.000000
forwardPE 30.878998
debtToEquity 12.851000
earningsGrowth 1.257000
revenueGrowth 0.536000
grossMargins 0.397460
operatingMargins 0.113270
trailingEps 27.820000
forwardEps 208.660000

Coforge Limited's low Debt-to-Equity ratio means it is not excessively leveraged, implying a reduced financial risk profile. This suggests Coforge Limited maintains a well-balanced financial structure, with more emphasis on equity than debt, ensuring greater flexibility and long-term stability.
With positive growth in both earnings and revenue, COFORGE is expected to grow its business. These indicators highlight a strong financial outlook, with the company on track for continued expansion and increasing profitability.
COFORGE's forward EPS is higher than its trailing EPS, suggesting the company is expected to improve its profitability this financial year. This reflects growing confidence in COFORGE's earnings potential, with forecasts indicating better financial performance than in the prior year.

Price projections:

Price projections for COFORGE
Price projections for COFORGE

The price of COFORGE has consistently been close to the lower limit of expectations. This trend may point to challenges in the company's performance, leading to concerns about its future growth potential.

Insider Transactions:

Insider Transactions for COFORGE
Insider Transactions for COFORGE


In recent market activity, 19 sales of COFORGE shares took place, with market price at 7489.628880550987.There were no sell transactions recorded during the period under consideration.More buys than sells have been occurring around the current price levels of Coforge Limited, potentially signaling investor optimism. This buying trend might be interpreted as a sign of a favorable outlook for the stock's future performance.

Recommendation changes over time:

Recommendations trend for COFORGE
Recommendations trend for COFORGE


Recent analysis shows a strong buy bias for COFORGE, encouraging investors to view it as a solid investment option. The positive sentiment surrounding COFORGE suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.