Coforge Limited

NSEI:COFORGE Stock Report

Market Cap: ₹600.0b

Coforge Balance Sheet Health

Financial Health criteria checks 5/6

Coforge has a total shareholder equity of ₹83.3B and total debt of ₹7.0B, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are ₹124.9B and ₹41.6B respectively. Coforge's EBIT is ₹12.7B making its interest coverage ratio 9.4. It has cash and short-term investments of ₹10.3B.

Key information

8.41%

Debt to equity ratio

₹7.01b

Debt

Interest coverage ratio9.4x
Cash₹10.29b
Equity₹83.29b
Total liabilities₹41.62b
Total assets₹124.91b

Recent financial health updates

Coforge (NSE:COFORGE) Could Easily Take On More Debt

Mar 24
Coforge (NSE:COFORGE) Could Easily Take On More Debt

Coforge (NSE:COFORGE) Could Easily Take On More Debt

Dec 11
Coforge (NSE:COFORGE) Could Easily Take On More Debt

Recent updates

We Think That There Are Some Issues For Coforge (NSE:COFORGE) Beyond Its Promising Earnings

May 13
We Think That There Are Some Issues For Coforge (NSE:COFORGE) Beyond Its Promising Earnings

Earnings Miss: Coforge Limited Missed EPS By 9.4% And Analysts Are Revising Their Forecasts

May 08
Earnings Miss: Coforge Limited Missed EPS By 9.4% And Analysts Are Revising Their Forecasts

Investors Appear Satisfied With Coforge Limited's (NSE:COFORGE) Prospects

Apr 29
Investors Appear Satisfied With Coforge Limited's (NSE:COFORGE) Prospects

Coforge (NSE:COFORGE) Could Easily Take On More Debt

Mar 24
Coforge (NSE:COFORGE) Could Easily Take On More Debt

There Are Reasons To Feel Uneasy About Coforge's (NSE:COFORGE) Returns On Capital

Mar 09
There Are Reasons To Feel Uneasy About Coforge's (NSE:COFORGE) Returns On Capital

Coforge (NSE:COFORGE) Has Announced A Dividend Of ₹19.00

Jan 25
Coforge (NSE:COFORGE) Has Announced A Dividend Of ₹19.00

Coforge Limited's (NSE:COFORGE) P/S Is On The Mark

Jan 09
Coforge Limited's (NSE:COFORGE) P/S Is On The Mark

Coforge (NSE:COFORGE) Could Easily Take On More Debt

Dec 11
Coforge (NSE:COFORGE) Could Easily Take On More Debt
author-image

Integration With Cigniti And Expansion Into Cloud Services Will Propel Sustained Revenue And Earnings Growth

Diversification and strategic expansion into new geographies indicate a sustainable and accelerated growth trajectory across multiple business verticals.

Coforge (NSE:COFORGE) Ticks All The Boxes When It Comes To Earnings Growth

Nov 26
Coforge (NSE:COFORGE) Ticks All The Boxes When It Comes To Earnings Growth

Coforge's (NSE:COFORGE) Shareholders May Want To Dig Deeper Than Statutory Profit

Oct 30
Coforge's (NSE:COFORGE) Shareholders May Want To Dig Deeper Than Statutory Profit

Coforge Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Oct 25
Coforge Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Coforge's (NSE:COFORGE) Returns On Capital Not Reflecting Well On The Business

Oct 24
Coforge's (NSE:COFORGE) Returns On Capital Not Reflecting Well On The Business

Coforge (NSE:COFORGE) Has Affirmed Its Dividend Of ₹19.00

Jul 26
Coforge (NSE:COFORGE) Has Affirmed Its Dividend Of ₹19.00

Financial Position Analysis

Short Term Liabilities: COFORGE's short term assets (₹47.6B) exceed its short term liabilities (₹27.8B).

Long Term Liabilities: COFORGE's short term assets (₹47.6B) exceed its long term liabilities (₹13.8B).

Debt to Equity History and Analysis

Debt Level: COFORGE has more cash than its total debt.

Reducing Debt: COFORGE's debt to equity ratio has increased from 1.4% to 8.4% over the past 5 years.

Debt Coverage: COFORGE's debt is well covered by operating cash flow (176.6%).

Interest Coverage: COFORGE's interest payments on its debt are well covered by EBIT (9.4x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/09 07:55
End of Day Share Price 2025/06/09 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Coforge Limited is covered by 45 analysts. 30 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ashwin MehtaAmbit Capital
Nitin BhasinAmbit Capital
Mohit JainAnand Rathi Shares and Stock Brokers Limited