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| 26 January, 2021, 08:27 PM IST | E-Paper
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Coforge Ltd.

  • 2,397.65-93.35 (-3.75%)
  • Volume: 3,40,348
  • Closed
  • Last Updated On: 25 Jan, 2021, 04:04 PM IST
  • Overview
  • News
  • Financials
  • Technicals
  • Peers
  • Shareholdings
  • MF
  • F&O
  • Corporate Actions
  • About

Insights

View All
  • Meeting Agenda: Quarterly Results. Please add to watchlist to track closely.

  • Company has spent less than 1% of its operating revenues towards interest expenses and 60.47% towards employee cost in the year ending Mar 31, 2020. (Source: Consolidated Financials)

  • Weekly MACD crossover appeared on week ending Jan 22, 2021. Average price decline of -9.56% within 7 weeks of this signal in last 10 years.

  • Stock gave a 3 year return of 162.3% as compared to Nifty Midcap 100 which gave a return of 0.95%. (as of last trading session)

InsightsCoforge Ltd.

  • Board Meeting on Jan 28, 2021

    Meeting Agenda: Quarterly Results. Please add to watchlist to track closely.

  • Employee & Interest Expense

    Company has spent less than 1% of its operating revenues towards interest expenses and 60.47% towards employee cost in the year ending Mar 31, 2020. (Source: Consolidated Financials)

  • Sell Signal: Bears might dominate

    Weekly MACD crossover appeared on week ending Jan 22, 2021. Average price decline of -9.56% within 7 weeks of this signal in last 10 years.

  • Stock Returns vs Nifty Midcap 100

    Stock gave a 3 year return of 162.3% as compared to Nifty Midcap 100 which gave a return of 0.95%. (as of last trading session)

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Key Metrics

  • PE Ratio

    PE Ratio

    This is a ratio arrived at by dividing the current market price of a stock by its latest (annual or annualized) earnings per share. Here we have taken the TTM (trailing twelve months) adjusted earnings per share.

    (x)
    33.20
  • EPS - TTM

    EPS - TTM

    Earnings per share (TTM) tells the profit after tax earned on a per share basis by a stock over the last twelve months or four quarters.

    (₹)
    72.21
  • MCap

    MCap

    MCap or Market capitalization of a stock is calculated by multiplying the total number of shares outstanding of that particular stock with its current market price.

    (₹ Cr.)
    14,526.75
  • Sectoral MCap Rank

    Sectoral MCap Rank

    This is the ranking of a company within its sector based on MCap or Market capitalization. Higher the market capitalization of a company, higher the rank it is assigned.

    12
  • PB Ratio

    PB Ratio

    Price to Book represents the ratio of current market price of a stock to its book value per share. The book value itself is arrived at by dividing the net worth of a company by the total number of shares outstanding of the company at that time.

    (x)
    6.30
  • Div Yield

    Dividend Yield

    Dividend Yield calculates the amount of full year dividend declared by a company as a percentage of the current market price of a stock. All other things being equal, higher the dividend yield of the stock, the better it is for investors.

    (%)
    1.29
  • Face Value

    Face Value

    Face value of a stock is the value ascribed to the stock as per the balance sheet of the company. The dividend declared by a company is usually declared as a percentage of face value.

    (₹)
    10.00
  • Beta

    Beta

    1 Month0.56
    3 Months0.31
    6 Months0.32
    1 Year0.74
    3 Years0.83

    0.56
  • VWAP

    VWAP

    Volume Weighted Average Price represents the average price of a security over a particular time period (example one trading day) weighted by the volume traded at each price point.

    (₹)
    2,428.47
  • 52W H/L

    52W H/L

    This represents the 52 week high and low price of the security. It is also the 1 year high and low of the security. This represents the highest and lowest price touched by the security during the past 52 weeks or 1 year including today.

    (₹)
    2,909.55 / 735.35

Returns

  • 1 Day-3.75%
  • 1 Week-4.47%
  • 1 Month-9.61%
  • 3 Months0.74%
  • 1 Year24.1%
  • 3 Years162.3%
  • 5 Years368.7%

Financials

  • Income (P&L)
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Insights

    • Employee & Interest Expense

      Company has spent less than 1% of its operating revenues towards interest expenses and 60.47% towards employee cost in the year ending Mar 31, 2020. (Source: Consolidated Financials)
    Quarterly | AnnualSep 2020Jun 2020Mar 2020Dec 2019Sep 2019
    Total Income1,157.601,064.601,131.401,088.201,048.70
    Total Income Growth (%)8.74-5.903.973.776.65
    Total Expenses1,001.10952.00967.00923.50891.60
    Total Expenses Growth (%)5.16-1.554.713.583.84
    EBIT156.50112.60164.40164.70157.10
    EBIT Growth (%)38.99-31.51-0.184.8425.98
    PAT120.7079.90113.60123.30119.50
    PAT Growth (%)51.06-29.67-7.873.1836.42
    EBIT Margin (%)13.5210.5814.5315.1414.98
    Net Profit Margin (%)10.437.5110.0411.3311.40
    Basic EPS (₹)19.9312.8218.1819.7519.25
    Quarterly | AnnualSep 2020Jun 2020Mar 2020Dec 2019Sep 2019
    Total Income613.20654.60641.30672.20562.40
    Total Income Growth (%)-6.322.07-4.6019.52-12.08
    Total Expenses557.50530.30513.80513.40484.30
    Total Expenses Growth (%)5.133.210.086.01-4.85
    EBIT55.70124.30127.50158.8078.10
    EBIT Growth (%)-55.19-2.51-19.71103.33-40.24
    PAT44.60108.40117.40135.1058.40
    PAT Growth (%)-58.86-7.67-13.10131.34-47.67
    EBIT Margin (%)9.0818.9919.8823.6213.89
    Net Profit Margin (%)7.2716.5618.3120.1010.38
    Basic EPS (₹)7.3617.4018.7921.649.42
    Quarterly | Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Total Revenue4,251.603,729.703,030.502,829.002,710.30
    Total Revenue Growth (%)13.9923.077.124.3813.41
    Total Expenses3,649.103,161.702,626.902,456.302,343.60
    Total Expenses Growth (%)15.4220.366.954.819.83
    Profit after Tax (PAT)444.00403.30280.20250.10270.00
    PAT Growth (%)10.0943.9312.04-7.37136.71
    Operating Profit Margin (%)14.7715.7013.8013.5113.92
    Net Profit Margin (%)10.6110.979.368.9210.04
    Basic EPS (₹)71.3965.4945.6340.8044.18
    Quarterly | Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Total Revenue2,515.602,153.401,761.601,628.901,508.90
    Total Revenue Growth (%)16.8222.248.157.9510.26
    Total Expenses2,028.301,783.001,485.501,410.001,284.40
    Total Expenses Growth (%)13.7620.035.359.788.19
    Profit after Tax (PAT)422.50299.00226.20164.90194.01
    PAT Growth (%)41.3032.1837.17-15.0131.45
    Operating Profit Margin (%)22.1918.7917.2013.9415.58
    Net Profit Margin (%)18.9314.9513.7410.3313.21
    Basic EPS (₹)67.9348.5536.8326.9031.75

    All figures in Rs Cr, unless mentioned otherwise

  • Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Total Assets3,439.802,873.402,669.802,445.602,328.30
    Total Assets Growth (%)19.717.639.175.0417.79
    Total Liabilities1,043.30793.60873.60735.40736.40
    Total Liabilities Growth (%)31.46-9.1618.79-0.1422.63
    Total Equity2,396.502,079.801,796.201,710.201,591.90
    Total Equity Growth (%)15.2315.795.037.4315.67
    Current Ratio (x)2.713.102.773.263.27
    Total Debt to Equity (x)0.000.000.010.010.00
    Contingent Liabilities25.20132.0093.0089.6082.80
    Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Total Assets2,346.101,986.001,784.901,613.501,530.10
    Total Assets Growth (%)18.1311.2710.625.455.18
    Total Liabilities371.00282.10311.00274.10382.47
    Total Liabilities Growth (%)31.51-9.2913.46-28.33-12.05
    Total Equity1,975.101,703.901,473.901,339.401,147.63
    Total Equity Growth (%)15.9215.6010.0416.7112.53
    Current Ratio (x)3.273.943.413.601.79
    Total Debt to Equity (x)0.000.010.010.020.01
    Contingent Liabilities23.6063.3032.7033.4062.50

    All figures in Rs Cr, unless mentioned otherwise

  • Insights

    • Cash from Operations vs PAT

      Operating cash flow of Rs 296.9 cr is 0.67 times compared to the reported net profit of Rs 444.0 cr. (Source: Consolidated Financials)
    Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Net Cash flow from Operating Activities296.90452.70382.40472.30360.10
    Net Cash used in Investing Activities112.30-230.00-270.40-306.30-303.80
    Net Cash flow from Financing Activities-132.70-106.30-74.40-66.90-72.70
    Net Cash Flow287.80109.2060.0062.3064.10
    Closing Cash & Cash Equivalent819.50519.40410.20350.20287.90
    Closing Cash & Cash Equivalent Growth (%)57.7826.6217.1321.6428.65
    Total Debt/ CFO (x)0.020.020.050.050.02
    Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Net Cash flow from Operating Activities227.90196.20202.30239.60406.98
    Net Cash used in Investing Activities206.00-46.50-118.80-221.70-262.68
    Net Cash flow from Financing Activities-132.80-103.30-74.90-64.80-82.48
    Net Cash Flow301.1046.508.60-46.9061.83
    Closing Cash & Cash Equivalent413.80112.7066.2057.60102.70
    Closing Cash & Cash Equivalent Growth (%)267.1770.2414.93-43.91151.28
    Total Debt/ CFO (x)0.020.050.090.100.01

    All figures in Rs Cr, unless mentioned otherwise

  • Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Return on Equity (%)18.5219.4615.7914.8217.16
    Return on Capital Employed (%)23.3525.5719.8018.9519.29
    Return on Assets (%)12.9014.0310.4910.2211.59
    Interest Coverage Ratio (x)39.8762.7443.9463.1249.89
    Asset Turnover Ratio (x)121.63127.93112.04114.57115.44
    Price to Earnings (x)16.1820.3318.9810.7211.27
    Price to Book (x)2.993.953.001.591.93
    EV/EBITDA (x)7.9410.909.144.585.52
    EBITDA Margin (%)18.9019.0918.0618.0718.42
    Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Return on Equity (%)21.3917.5415.3412.3116.90
    Return on Capital Employed (%)24.1121.2718.0815.5918.86
    Return on Assets (%)18.0015.0512.6710.2212.67
    Interest Coverage Ratio (x)63.4769.5940.4461.8153.09
    Asset Turnover Ratio (x)95.09100.6692.2198.8595.92
    Price to Earnings (x)17.0127.4023.5316.2615.70
    Price to Book (x)3.634.813.612.002.65
    EV/EBITDA (x)11.5117.7614.408.449.44
    EBITDA Margin (%)26.2322.7022.2119.6421.23

Financial InsightsCoforge Ltd.

  • Income (P&L)
  • Cash Flow
    • Employee & Interest Expense

      Company has spent less than 1% of its operating revenues towards interest expenses and 60.47% towards employee cost in the year ending Mar 31, 2020. (Source: Consolidated Financials)

    • Cash from Operations vs PAT

      Operating cash flow of Rs 296.9 cr is 0.67 times compared to the reported net profit of Rs 444.0 cr. (Source: Consolidated Financials)

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Technicals

  • Buy / Sell Signals
  • Price Analysis
  • Pivot Levels & ATR
  • Chart
  • Bullish / Bearish signals for Coforge Ltd. basis selected technical indicators and moving average crossovers.

    MACD Crossover

    Bearish signal on weekly chart

    Appeared on: 22 Jan 2021

    Region: Positive

    Last 4 Sell Signals:20 Nov 2020
    Date7 weeks Gain/Loss %
    20 Nov 2020-0.24%
    13 Mar 2020-46.66%
    13 Dec 2019-1.74%
    26 Apr 2019-6.54%

    Average price decline of -9.56% within 7 weeks of Bearish signal in last 10 years

  • 45%
    Positive Movement since
    1st Jan 2005 on basis
    55%
    Negative Movement since
    1st Jan 2005 on basis
    Exclude
  • Pivot Levels

    R1R2R3PIVOTS1S2S3
    Classic2482.022566.382705.832426.932342.572287.482148.03

    Average True Range

    5 DAYS14 DAYS28 DAYS
    ATR132.40115.26106.22

Peer Comparison

  • Stock Performance
  • Ratio Performance
  • Insights

    • Stock Returns vs Nifty Midcap 100

      Stock gave a 3 year return of 162.3% as compared to Nifty Midcap 100 which gave a return of 0.95%. (as of last trading session)
    • Stock Returns vs Nifty IT

      Stock generated 162.3% return as compared to Nifty IT which gave investors 101.94% return over 3 year time period. (as of last trading session)
    • 1D
    • 1W
    • 1M
    • 3M
    • 6M
    • 1Y
    • 5Y
  • Insights

    • Stock Returns vs Nifty Midcap 100

      Stock gave a 3 year return of 162.3% as compared to Nifty Midcap 100 which gave a return of 0.95%. (as of last trading session)
    • Stock Returns vs Nifty IT

      Stock generated 162.3% return as compared to Nifty IT which gave investors 101.94% return over 3 year time period. (as of last trading session)

    Ratio Performance

    NAMEP/E (x)P/B (x)ROE %ROCE %ROA %Rev CAGR [3Yr]OPMNPMBasic EPSCurrent RatioTotal Debt/ Equity (x)Total Debt/ CFO (x)
    Coforge Ltd.33.206.0618.5223.3512.9014.3914.7711.1771.392.710.000.02
    Oracle Fin17.864.3422.2532.5018.223.1845.7429.08170.386.320.000.00
    L&T Tech36.618.8829.5634.8219.0220.5720.2214.6378.562.800.010.05
    Tata Elxsi46.0854.4735.9952.7221.9110.5218.2612.0132.761.920.000.00
    Persistent Sys32.344.9314.2618.7611.007.4512.869.5444.383.070.000.01
    Add More
    Annual Ratios (%)

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    Choose from Stocks

    Peers InsightsCoforge Ltd.

    • Stock Returns vs Nifty Midcap 100

      Stock gave a 3 year return of 162.3% as compared to Nifty Midcap 100 which gave a return of 0.95%. (as of last trading session)

    • Stock Returns vs Nifty IT

      Stock generated 162.3% return as compared to Nifty IT which gave investors 101.94% return over 3 year time period. (as of last trading session)

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    Shareholding Pattern

    • QOQ Change
    • Total Shareholdings
    • Showing Shareholding as on 31 Dec 2020
      Category31 Dec 202030 Sep 202030 Jun 202031 Mar 2020
      Promoters63.9970.2870.3270.10
      Pledge0.000.000.000.00
      FII14.4413.1513.9914.49
      DII12.217.596.396.80
      Mutual Funds10.006.725.536.17
      Others9.368.989.308.61
    • Showing Shareholding as on 31 Dec 2020
      CategoryNo. of SharesPercentage% Change QoQ
      Promoters3,87,71,26063.99 %-6.29
      Pledge00.00 %0.00
      FII87,48,98114.44 %1.29
      DII73,96,31712.21 %4.62
      MF60,57,82110.00 %3.28
      Others56,70,9019.36 %0.38

    MF Ownership

    MF Ownership as on 31 December 2020

    F&O Quote

    • Futures
    • Options
      • Expiry

      Price

      2,397.80-98.85 (-3.96%)

      OpenHighLowPrev CloseContracts TradedTurnover (₹ Lakhs)
      2,506.802,506.802,378.952,496.651,25311,418.80

    Corporate Actions

    • Board Meeting/AGM
    • Dividends
    • Others
    • Meeting DateAnnounced onPurposeDetails
      Jan 28, 2021Jan 20, 2021Board MeetingQuarterly Results
      Oct 22, 2020Oct 15, 2020Board MeetingQuarterly Results
      Jul 28, 2020Jul 23, 2020Board MeetingQuarterly Results
      Jul 23, 2020Jun 24, 2020AGM-
      Jun 16, 2020May 18, 2020POM-
    • TypeDividendDividend per ShareEx-Dividend DateAnnounced on
      Interim110%11.0May 14, 2020May 05, 2020
      Interim100%10.0Feb 07, 2020Jan 29, 2020
      Interim100%10.0Nov 04, 2019Oct 23, 2019
      Final150%15.0Sep 12, 2018May 04, 2018
      Final125%12.5Sep 14, 2017Aug 28, 2017
    • All TypesEx-DateRecord DateAnnounced onDetails
      BonusAug 30, 2007Aug 31, 2007May 23, 2007Bonus Ratio: 1 share(s) for every 2 shares held

    About Coforge Ltd.

    Coforge Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 14526.75 Crore) operating in IT Software sector. Coforge Ltd. key Products/Revenue Segments include Sale of services which contributed Rs 2213.10 Crore to Sales Value (99.19 % of Total Sales) and Software Products which contributed Rs 17.90 Crore to Sales Value (0.80 % of Total Sales)for the year ending 31-Mar-2020. Show More

    • Executives
    • Auditors
    • AP

      Ashwani Puri

      Ind. Non-Executive Director
      BP

      Basab Pradhan

      Chairman & Ind.Dire (Non-Exe)
      HG

      Hari Gopalakrishnan

      Non Executive Director
      HJ

      Holly Jane Morris

      Ind. Non-Executive Director
      Show More
    • S R Batliboi & Associates LLP

    Key Indices Listed on

    Nifty IT, Nifty Midcap 50, Nifty Midcap 100, + 18 more

    Address

    8, Balaji Estate,Third Floor,Guru Ravi Das Marg,New Delhi, Delhi - 110019

    Coforge Ltd. Share Price Update

    Coforge Ltd. share price moved down by -3.75% from its previous close of Rs 2,491.00. Coforge Ltd. stock last traded price is 2,397.65

    Share PriceValue
    Today/Current/Last2,397.65
    Previous Day2,491.00

    Trending in Markets

    DATA SOURCES: TickerPlant (for live BSE/NSE quotes service) and Dion Global Solutions Ltd. (for corporate data, historical price & volume, F&O data). Sensex & BSE Quotes and Nifty & NSE Quotes are real-time and licensed from BSE and NSE respectively. All timestamps are reflected in IST (Indian Standard Time).

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