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India
Reported ownership for FY2027-Q1 as of 2026-06-30.
As of 06 Nov 2026, 03:30 pm
On November 6, 2026, Coforge joined the SpaceX Super Intelligence Partner Network as a Transformation Partner. The company will deploy the Grok AI portfolio across enterprise operations using its Forward Deployed Engineering unit and Nuuron platform to integrate applications into client infrastructure.
Coforge hit fresh record highs in November 2026, closing at ₹2,076.0 on November 6. Technical indicators show a bullish trend with immediate support at ₹1,940 and resistance near ₹2,089.4. Year-to-date returns stand at +25.4%, while the 6-month return is +62.1%.
A postal ballot for the appointment of Mr. Akhil Kumar Gupta as an Independent Director opened on November 6, 2026, and closes on December 5, 2026. If approved via special resolution, his five-year term runs from September 29, 2026, to September 28, 2031.
On November 3, 2026, Coforge launched BridgeCX, a customer engagement solution built on Pega Customer Decision Hub and integrated with Mastercard Dynamic Yield. This aims to connect decisioning with real-time digital personalization across customer touchpoints.
As of 06 Nov 2026, 03:30 pm
Recent drawdown or price variability is high enough to warrant closer monitoring.
Primary driver: Price swings are higher than typical
Trading activity was substantially higher than usual and the price closed higher.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
The session opened materially below the previous close, indicating a sharp repricing at the open.
The price gap may increase short-term downside uncertainty and warrants review of the underlying context.
Trading activity was substantially higher than usual and the price closed higher.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
Upward price movement of 2.74 standard deviations recorded on 2026-10-01.
Unusual market activity that may warrant review of the underlying price, volume, or news context.
Latest complete financial results for Q2 FY27 and comparative quarterly trends.
| Metric | Q2 FY26 | Q1 FY27 | Q2 FY27(Latest) |
|---|---|---|---|
| Income | ₹4,024 crore | ₹5,555 crore | PEAK₹6,195 crore |
| Expenses | ₹3,466 crore | ₹4,797 crore | PEAK₹5,341 crore |
| Profit Before Tax | ₹558 crore | ₹702 crore | PEAK₹799 crore |
| Profit Loss For Period | ₹425 crore | ₹532 crore | PEAK₹605 crore |
| Basic Earnings Loss Per Share From Continuing And Discontinued Operations | ₹11.21 per share | ₹12.34 per share | PEAK₹13.27 per share |
Coforge’s consolidated revenue from operations rose 11.6% QoQ to ₹6,171 crore in Q2 FY2026-27, while profit before tax increased 13.8% to ₹799 crore. Revenue was up 54.8% YoY and profit before tax rose 43.1%; the quarter also saw substantial increases in reported assets, goodwill and borrowings compared with 31 March 2026.
Finance costs increased 24.7% QoQ to ₹108 crore from ₹86.6 crore, faster than revenue. At 30 September 2026, borrowings comprised ₹4,242 crore of noncurrent borrowings and ₹1,404 crore of current borrowings.
Segment revenue was ₹6,171 crore in Q2 FY2026-27, up 11.6% QoQ from ₹5,528 crore in Q1. Segment profit before tax rose 11.6% to ₹985 crore from ₹882 crore, broadly matching the pace of segment revenue growth.
Q2 FY2026-27 delivered strong sequential growth in revenue and profit, with profit before tax increasing faster than revenue. The substantial expansion in reported assets and goodwill, alongside higher receivables and borrowings, is a significant balance-sheet development alongside the income-statement growth.
Disclosed bulk and block transactions involving Coforge, shown for the latest 90 days.
Exchange disclosures and regulatory announcements for Coforge.
Coforge Limited (NSE: COFORGE) announced on November 6, 2026, that it has joined the SpaceX Super Intelligence (SpaceXSI) Partner Network as a Transformation Partner. Under this partnership, Coforge will assist enterprises in deploying the Grok portfolio into production workflows using its Momentuum blue Forward Deployed Engineering (FDE) unit and Coforge Nuuron suite. The announcement was filed with the NSE and BSE pursuant to SEBI Listing Regulations.
Coforge Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
Coforge Limited has intimated the NSE and BSE regarding the dispatch of a Postal Ballot Notice seeking shareholder approval for the appointment of Mr. Akhil Kumar Gupta (DIN: 00028728) as an Independent Director. The Board had previously approved this appointment on September 28, 2026, with effect from September 29, 2026. The Postal Ballot Notice was issued on October 23, 2026, and electronically dispatched to members on November 5, 2026. Remote e-voting is scheduled to open on November 6, 2026, and close on December 5, 2026, with results to be declared by December 7, 2026. The resolution seeks a Special Resolution for a five-year term ending September 28, 2031, including continuation past the age of 75.
Coforge Limited (NSE: COFORGE) filed a notice with the NSE on November 5, 2026, convening a postal ballot for shareholders to approve a special resolution. The resolution seeks approval for the appointment of Mr. Akhil Kumar Gupta (DIN: 00028728) as an Independent Director. The voting period for the postal ballot closes on December 5, 2026. If approved, Mr. Gupta’s tenure as Non-Executive Independent Director will run from September 29, 2026, to September 28, 2031.
Coforge Limited announced the launch of BridgeCX, a customer engagement solution built on Pega Customer Decision Hub and integrated with Mastercard Dynamic Yield. The company says BridgeCX connects decisioning with real-time digital personalization to support individualized customer experiences across digital touchpoints. The press release was dated November 3, 2026.
Integrated Filing- Financials|Revision|
Integrated Filing- Financials|Revision|
Coforge Limited (NSE: COFORGE) announced the launch of its Autonomous Software Factory (ASF), an operating model designed for managing AI agents across the software development lifecycle (SDLC). The company positions ASF as a solution for governing, coordinating, and scaling AI agents at enterprise scale, moving beyond simple code generation to agent orchestration, execution, governance, and human oversight. This announcement was filed with the NSE and BSE on October 29, 2026.
Recent market and company developments associated with Coforge.
Mphasis and Coforge delivered strong Q2 growth, demonstrating resilience against an uncertain demand environment and cautious client spending among India's mid-sized IT services companies. In contrast, Sonata faced seasonal headwinds during the same period.
Coforge has joined the SpaceX Super Intelligence Partner Network as a Transformation Partner to integrate Grok technology into enterprise client infrastructures. Through its specialized unit, Momentuum blue, Coforge will embed engineering teams and AI agents within client environments to deploy Grok solutions across business workflows and achieve measurable outcomes. The collaboration aims to combine Coforge’s industry expertise with SpaceXSI’s capabilities to transition Grok from technology to production use.
IT services firm Coforge has joined the SpaceX Super Intelligence Partner Network as a Transformation Partner to deploy the Grok AI portfolio across enterprise operations. The collaboration will leverage Coforge's Forward Deployed Engineering unit and Nuuron platform to integrate Grok applications into client infrastructure, aiming to deliver measurable business outcomes in areas such as software modernisation and workflow automation.
Coforge has joined the SpaceX Super Intelligence Partner Network to deploy Grok AI tools for enterprises. The company will act as a Transformation Partner, developing industry-specific solutions and integrating them into clients' existing systems using its Nuuron enterprise AI platform.
Coforge Ltd has broken out of a two-month consolidation phase, reaching fresh record highs in November 2026. Experts suggest the stock may target levels above 2,200 over the next three to four weeks, with immediate support established at 1,940.
Globe Capital Markets has identified Adani Power, Bajaj Finance, Coforge, Siemens Energy India, Hindalco Industries, and Polycab India as top Diwali picks, projecting 22-34 per cent upside for the six stocks. The brokerage cites strong earnings growth drivers such as capacity expansion, AI-led productivity, and structural power infrastructure demand, while noting manageable risks like NIM compression and commodity volatility.
Nuvama Wealth identifies improving risk-reward prospects for Indian equities in Samvat 2083, citing attractive valuations, extreme bearish foreign-investor positioning, and potential global catalysts. The brokerage's Diwali stock picks include Adani Energy Solutions, Coforge, KDDL, Punjab National Bank, and Zydus Lifesciences, selected based on their technical structures and potential for further gains.
Coforge Ltd, a leading IT sector player, has hit a fresh record high after consolidating in a narrow range for over a month. Technical indicators suggest sustained upward momentum, with experts targeting levels above 2,200 in the next three to four weeks. Analysts recommend a buy-on-dips strategy with a strict stop loss at 1,810.
Comprehensive Section Breakdown for Coforge
Strategic Vision: IT services for digital transformation and consulting.
• Deep industry expertise across key sectors
• AI engineering capabilities
• Proprietary assets for solution development
Revenue from operations rose for each of the past four reported quarters, from ₹4,188 crore in Q3 FY2025-26 and ₹4,450 crore in Q4 FY2025-26 to ₹5,528 crore in Q1 FY2026-27 and ₹6,171 crore in Q2 FY2026-27. Total income reached ₹6,195 crore, up 11.5% QoQ from ₹5,555 crore in Q1.
Expenses increased 11.3% QoQ to ₹5,341 crore from ₹4,797 crore. Profit before tax rose to ₹799 crore from ₹702 crore, while profit for the period increased 13.8% to ₹605 crore from ₹532 crore. Comprehensive income rose 15.5% to ₹779 crore.
Basic earnings per share were ₹13.27, up 7.5% from ₹12.34 in Q1 FY2026-27, a slower increase than profit for the period.
Total assets stood at ₹34,780 crore at 30 September 2026, compared with ₹14,881 crore at 31 March 2026. Goodwill increased to ₹16,535 crore from ₹4,167 crore, while noncurrent assets rose to ₹26,214 crore from ₹8,976 crore over the same dates.
Equity was ₹22,537 crore at 30 September 2026, compared with ₹9,681 crore at 31 March 2026. Liabilities increased to ₹12,243 crore from ₹5,201 crore. Trade receivables stood at ₹5,492 crore, up from ₹3,970 crore; cash and cash equivalents were ₹1,822 crore, compared with ₹1,094 crore.
Category: B2B Services
Offers services designed to support digital transformation and operational efficiency, including AI solutions, cloud infrastructure, data management, and enterprise applications.
Category: B2B Services
Provides AI-Led Business Process Solutions focusing on end-to-end digital transformation, integrating automation, analytics, and AI/ML for intelligent decision-making.
Core Thesis: Hyper-specialization in select industries combined with AI engineering and asset-powered solutions drives tailored client outcomes.
• Hyper-specialization: Focuses on select industries to deliver tailored solutions by combining AI engineering with deep industry expertise. • AI-Native Engineering: Positions itself as an AI-native engineering services leader where artificial intelligence forms the foundation of solution design, building, and delivery. • Asset-Powered Solutions: Creates innovative solutions leveraging proprietary assets to deliver business impact for clients.