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 react cautiously to news that Coforge Limited's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.

Financial Ratios:

currentRatio 0.000000
forwardPE 35.034702
debtToEquity 13.323000
earningsGrowth -0.161000
revenueGrowth 0.428000
grossMargins 0.392130
operatingMargins 0.095290
trailingEps 119.640000
forwardEps 208.660000

COFORGE's low Debt-to-Equity ratio shows that the company isn't heavily reliant on debt for financing. This implies a conservative approach to leveraging, reducing financial risk and demonstrating a solid financial foundation, which can enhance investor confidence in the company's long-term stability.
COFORGE's forward EPS exceeding its trailing EPS reflects expectations of increased profitability for the current year. This suggests that the company is projected to achieve higher earnings than in the previous financial year, signaling positive growth and improved financial health.

Price projections:

Price projections for COFORGE
Price projections for COFORGE

The price of Coforge Limited has consistently remained close to the lower end of price projections. This trend may reflect uncertainty in the market regarding the company's ability to deliver on growth expectations.

Insider Transactions:

Insider Transactions for COFORGE
Insider Transactions for COFORGE


There were 33 COFORGE stock sales, with market price at 7060.746937144886.There were no sell transactions during the period under consideration.The trend of more buys than sells at COFORGE's current price levels suggests a possible bullish sentiment. This could indicate that investors are expecting a favorable outlook for the stock, prompting more buying activity.

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.