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 be wary of COFORGE as its revenues are expected to fall below the prior year's levels. A revenue decrease often leads to concerns about profitability, as it is likely to affect the company's bottom line, prompting investors to take a more cautious approach.

Financial Ratios:

currentRatio 1.569000
forwardPE 35.632675
debtToEquity 10.888000
earningsGrowth 0.836000
revenueGrowth 0.302000
grossMargins 0.404070
operatingMargins 0.140650
trailingEps 32.540000
forwardEps 208.660000

A current ratio of 1.569 for COFORGE implies that the company has ample liquidity to meet its short-term debts. COFORGE's cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities.
Coforge Limited's low Debt-to-Equity ratio indicates that the company isn't heavily dependent on debt financing. This lower leverage reduces financial risk and enhances stability, showing that Coforge Limited is well-positioned to manage its obligations without the burden of excessive debt.
With positive growth in both earnings and revenue, Coforge Limited 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 exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that COFORGE's financial performance will improve in the current financial year.

Price projections:

Price projections for COFORGE
Price projections for COFORGE

Coforge Limited's price has often been near the lower end of the projected range. This ongoing trend suggests that investor confidence might be waning, and the stock could face challenges in gaining upward momentum.

Insider Transactions:

Insider Transactions for COFORGE
Insider Transactions for COFORGE


9 COFORGE sales were executed, with market price at 8331.411024305555.There were no sell transactions recorded during the period under consideration.The trend of more buys compared to sells around Coforge Limited's current price levels may signal investor optimism. This behavior suggests that the market is expecting a favorable outcome for the stock, leading to increased buying activity.

Recommendation changes over time:

Recommendations trend for COFORGE
Recommendations trend for COFORGE


Analysts' recent buy bias toward COFORGE suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see COFORGE as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.