₹1965.0
-0.1% today
· 30d +10.46%
as of 2026-09-04
Price · Daily Candles
“COFORGE shows strong growth, but FIIs and DIIs trim stakes as profit expectations face ML model skepticism.”
COFORGE reported robust annual revenue growth of 36.11% and net profit surge of 86.38% for FY26, with a strong 3-year net profit CAGR of 35.99%. However, both FIIs and DIIs decreased their holdings by 7.33% and 11.76% respectively in the last quarter, while ML predictions flag weak free cash flow growth.
BULL CASE
+Annual net profit for FY26 jumped 86.38% from the prior year, reaching ₹1745 Cr.
+The company demonstrated significant top-line expansion, with FY26 revenue at ₹16403 Cr, up 36.11% YoY.
+COFORGE boasts strong 3-year CAGRs, with revenue at 26.64% and net profit at 35.99%, indicating sustained historical growth.
+The profitability axis scores a high 85 in the business score, reflecting strong operational performance.
+RSI(14) and MACD both show bullish signals with moderate strength as of 2026-05-26.
BEAR CASE
−FIIs significantly reduced their stake by 7.33% QoQ as of April 23, 2026.
−DIIs also decreased their holding by 11.76% QoQ, paralleling FII exits.
−ML predictions indicate weak future free cash flow growth, with the 1-year rolling 4-year rank at 0.0, suggesting potential FCF compression.
−The stock is trading 28.69% below its 52-week high of ₹1994.0, despite recent positive signals.
−The company's PE of 32.41 is higher than sector peers like TCS (16.74) and Infosys (16.05), suggesting a premium valuation.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-03-31
REVENUE
₹4450 Cr
NET PROFIT
₹666 Cr
OPM
20.09%
EPS
₹18.23
PE 32.41
Intrinsic value · DCF: N/A — ML model predicts severe Δ FCF compression (h1=-29.7%, h2=-28.0%, h3=-24.0% of mktcap), driving projected FCF negative by year 3 despite healthy current FCF. Treating as forecast outlier rather than reporting a misleading ₹0 valuation. Use the Strategy Fit and ML sections instead.
◇ Sector Position
COFORGE trades at a TTM PE of 32.41 and a ROCE of 24.0%, placing it above industry giants like TCS (TTM PE 16.74, ROCE 60.1%) and Infosys (TTM PE 16.05, ROCE 44.44%) but comparable to Tech Mahindra (TTM PE 26.86, ROCE 24.78%).
PEERPEROCE %
COFORGE32.4124.0
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
68
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
STRONG
75
Valuation
FAIR
40
Growth
STRONG
76
Profitability
HIGH
85
Technicals
NEUTRAL
63
Risk
LOW
70
Key Stats
TTM PE
32.41
P/B
5.01
52W HIGH
₹2021.2
OFF HIGH
-2.78%
DIV YIELD
1.14%
MKT CAP
₹84543 Cr
◉ Active Signals
MACDNeutral-1.335
RSI(14)Bullish69.73
Near 52W HighBullish-2.78
Street Consensus
34 analysts₹1644.85
mean target
Low ₹1165.0Now ₹1965.0High ₹2200.0
⧉ Strategy Fit 🔒