Coforge Past Earnings Performance
Past criteria checks 3/6
Coforge has been growing earnings at an average annual rate of 14.9%, while the IT industry saw earnings growing at 22.5% annually. Revenues have been growing at an average rate of 20.2% per year. Coforge's return on equity is 21.1%, and it has net margins of 7.8%.
Key information
14.9%
Earnings growth rate
15.3%
EPS growth rate
| IT Industry Growth | 24.3% |
| Revenue growth rate | 20.2% |
| Return on equity | 21.1% |
| Net Margin | 7.8% |
| Next Earnings Update | 02 May 2024 |
Recent past performance updates
Recent updates
Getting In Cheap On Coforge Limited (NSE:COFORGE) Might Be Difficult
Apr 16
Here's Why Coforge (NSE:COFORGE) Can Manage Its Debt Responsibly
Feb 19Earnings Update: Here's Why Analysts Just Lifted Their Coforge Limited (NSE:COFORGE) Price Target To ₹6,390
Jan 25Shareholders Should Be Pleased With Coforge Limited's (NSE:COFORGE) Price
Jan 02Capital Investment Trends At Coforge (NSE:COFORGE) Look Strong
Dec 01Is Coforge (NSE:COFORGE) A Risky Investment?
Nov 16Investors Shouldn't Overlook Coforge's (NSE:COFORGE) Impressive Returns On Capital
Aug 18Coforge (NSE:COFORGE) Has A Rock Solid Balance Sheet
Jun 28The Trend Of High Returns At Coforge (NSE:COFORGE) Has Us Very Interested
May 19Coforge (NSE:COFORGE) Has Announced That It Will Be Increasing Its Dividend To ₹19.00
May 04Coforge (NSE:COFORGE) Ticks All The Boxes When It Comes To Earnings Growth
Apr 29Investors Should Be Encouraged By Coforge's (NSE:COFORGE) Returns On Capital
Feb 14Coforge (NSE:COFORGE) Is Increasing Its Dividend To ₹19.00
Jan 24Do Coforge's (NSE:COFORGE) Earnings Warrant Your Attention?
Jan 17Coforge (NSE:COFORGE) Has A Rock Solid Balance Sheet
Dec 09Coforge (NSE:COFORGE) Knows How To Allocate Capital Effectively
Nov 04Is Coforge Limited (NSE:COFORGE) Worth ₹3.6k Based On Its Intrinsic Value?
Oct 09What Is Coforge Limited's (NSE:COFORGE) Share Price Doing?
Sep 27Do Coforge's (NSE:COFORGE) Earnings Warrant Your Attention?
Sep 16Does Coforge (NSE:COFORGE) Have A Healthy Balance Sheet?
Sep 05Coforge (NSE:COFORGE) Will Pay A Dividend Of ₹13.00
Jul 26Coforge (NSE:COFORGE) Knows How To Allocate Capital Effectively
Jun 15Here's Why We Think Coforge (NSE:COFORGE) Is Well Worth Watching
Jun 01Coforge (NSE:COFORGE) Will Pay A Dividend Of ₹13.00
May 15Revenue & Expenses BreakdownBeta
How Coforge makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 89,905 | 6,991 | 490 | 0 |
| 30 Sep 23 | 87,230 | 6,893 | 490 | 0 |
| 30 Jun 23 | 84,062 | 7,094 | 490 | 0 |
| 31 Mar 23 | 80,146 | 6,938 | 490 | 0 |
| 31 Dec 22 | 75,875 | 7,867 | 431 | 0 |
| 30 Sep 22 | 71,898 | 7,422 | 431 | 0 |
| 30 Jun 22 | 67,998 | 6,878 | 431 | 0 |
| 31 Mar 22 | 64,320 | 6,617 | 452 | 0 |
| 31 Dec 21 | 59,506 | 5,870 | 352 | 0 |
| 30 Sep 21 | 54,831 | 5,253 | 352 | 0 |
| 30 Jun 21 | 50,674 | 4,993 | 352 | 0 |
| 31 Mar 21 | 46,628 | 4,556 | 308 | 0 |
| 31 Dec 20 | 45,106 | 4,362 | 502 | 0 |
| 30 Sep 20 | 43,934 | 4,375 | 502 | 0 |
| 30 Jun 20 | 42,782 | 4,363 | 502 | 0 |
| 31 Mar 20 | 41,839 | 4,440 | 481 | 0 |
| 31 Dec 19 | 40,468 | 4,359 | 837 | 0 |
| 30 Sep 19 | 39,451 | 4,128 | 837 | 0 |
| 30 Jun 19 | 38,140 | 4,051 | 0 | 0 |
| 31 Mar 19 | 36,762 | 4,033 | 837 | 0 |
| 31 Dec 18 | 34,928 | 3,839 | 818 | 0 |
| 30 Sep 18 | 32,776 | 3,593 | 818 | 0 |
| 30 Jun 18 | 31,074 | 3,147 | 0 | 0 |
| 31 Mar 18 | 29,914 | 2,802 | 818 | 0 |
| 31 Dec 17 | 29,473 | 2,942 | 809 | 0 |
| 30 Sep 17 | 28,846 | 2,812 | 809 | 0 |
| 30 Jun 17 | 28,403 | 2,728 | 0 | 0 |
| 31 Mar 17 | 28,021 | 2,501 | 776 | 0 |
| 31 Dec 16 | 27,421 | 2,290 | 889 | 0 |
| 30 Sep 16 | 27,270 | 2,408 | 850 | 0 |
| 30 Jun 16 | 27,041 | 2,542 | 48 | 0 |
| 31 Mar 16 | 26,879 | 2,700 | 826 | 0 |
| 31 Dec 15 | 26,090 | 1,835 | 4,572 | 0 |
| 30 Sep 15 | 25,256 | 1,575 | 4,442 | 0 |
| 30 Jun 15 | 24,360 | 1,294 | 4,253 | 0 |
| 31 Mar 15 | 23,725 | 1,141 | 747 | 0 |
| 31 Dec 14 | 23,497 | 1,933 | 3,969 | 0 |
| 30 Sep 14 | 23,417 | 1,982 | 3,961 | 0 |
| 30 Jun 14 | 23,407 | 2,205 | 3,915 | 0 |
| 31 Mar 14 | 23,050 | 2,305 | 3,806 | 0 |
| 30 Sep 13 | 21,809 | 2,282 | 3,812 | 0 |
| 30 Jun 13 | 20,937 | 2,089 | 3,668 | 0 |
Quality Earnings: COFORGE has high quality earnings.
Growing Profit Margin: COFORGE's current net profit margins (7.8%) are lower than last year (10.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: COFORGE's earnings have grown by 14.9% per year over the past 5 years.
Accelerating Growth: COFORGE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: COFORGE had negative earnings growth (-11.1%) over the past year, making it difficult to compare to the IT industry average (42%).
Return on Equity
High ROE: COFORGE's Return on Equity (21.1%) is considered high.