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Coforge Limited

ISIN : INE591G01017
NSE : COFORGE
BSE : 532541
Face Value : 10
Industry : IT - Software

EPS : 129.59
EPS (TTM) : 124.88
Price to Earning (P/E) : 62.58
Book Value : 580.03
Price to Bookvalue (P/B) : 13.98
Dividend Yield : 0 %
Return on Equity (ROE) : 25.40 %
Return on Capital Employed (ROCE) : 31.28 %

Coforge Limited share price (02-Apr-2026)
National Stock Exchange NSE
Open / Close	0 - 0 NAN %
Low / High	0 - 0 NAN %
Trade Volume	0
52 Week Low / High	0 - 0 NAN %
Bombay Stock Exchange BSE
Open / Close	1139.45 - 1213.55 6.5 %
Low / High	1130.35 - 1235 9.3 %
Trade Volume	6.33 Lk
52 Week Low / High	1008.5 - 1994 97.7 %

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Consolidated Standalone

CONSOLIDATED QUARTERLY RESULT FOR COFORGE LIMITED

Date End	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
No of months	3 months	3 months	3 months	3 months	3 months	3 months	3 months	3 months	3 months	3 months
Net Sales	18294	19594	20558	21700	22210	22762	23233	23585	24008	30623
Total Income	18434	19729	20876	21726	22370	22851	23383	23684	24262	31186
Total Expenditure	15408	16223	16963	18745	19150	19353	19282	19728	21075	26504
Other Income	140	135	318	26	160	89	150	99	254	563
Operating Profit	3026	3506	3913	2981	3220	3498	4101	3956	3187	4682
Interest	184	212	215	195	221	319	346	370	325	304
Exceptional Items				-523				116
PBDT	2842	3294	3698	2263	2999	3179	3755	3702	2862	4378
Depreciation	630	614	624	717	757	772	811	846	815	1243
Profit Before Tax	2212	2680	3074	1546	2242	2407	2944	2856	2047	3135
Tax	493	474	715	379	485	528	516	564	654	799
Profit After Tax	1719	2206	2359	1167	1757	1879	2428	2292	1393	2336
Net Profit	1719	2206	2359	1167	1757	1879	2428	2292	1393	2336
Equity Capital	609	610	611	611	611	615	618	618	667	667
Face Value (IN RS)	10	10	10	10	10	10	10	10	10	10
Calculated EPS	24.58	32.97	37.35	18.79	27.05	29.43	38.51	36.2	19.97	30.31
Diluted Eps After Extraordinary Items	24.14	32.41	36.69	18.45	26.54	28.98	38.06	35.9	20.78	30.14
Diluted Eps Before Extraordinary Items	24.14	32.41	36.69	18.45	26.54	28.98	38.06	35.9	20.78	30.14

STANDALONE QUARTERLY RESULT FOR COFORGE LIMITED

Date End	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
No of months	3 months	3 months	3 months	3 months	3 months	3 months	3 months	3 months	3 months	3 months
Net Sales	9719	10439	10880	11267	11403	12192	12646	12248	12095	13258
Total Income	10705	11137	12474	13868	13373	12557	15725	14432	12991	15244
Total Expenditure	8779	9319	9338	10325	10720	11091	10920	10662	11356	12183
Other Income	986	698	1594	2601	1970	365	3079	2184	896	1986
Operating Profit	1926	1818	3136	3543	2653	1466	4805	3770	1635	3061
Interest	136	161	159	132	139	181	188	215	172	54
Exceptional Items				-523
PBDT	1790	1657	2977	2888	2514	1285	4617	3555	1463	3007
Depreciation	281	268	241	297	301	313	325	344	313	379
Profit Before Tax	1509	1389	2736	2591	2213	972	4292	3211	1150	2628
Tax	163	219	339	179	103	205	192	270	338	333
Profit After Tax	1346	1170	2397	2412	2110	767	4100	2941	812	2295
Net Profit	1346	1170	2397	2412	2110	767	4100	2941	812	2295
Equity Capital	609	610	611	611	611	615	618	618	667	667
Face Value (IN RS)	10	10	10	10	10	10	10	10	10	10
Calculated EPS	22.1	19.18	39.23	39.48	34.53	12.47	66.34	47.59	12.17	34.41
Diluted Eps After Extraordinary Items	21.71	18.84	38.56	38.76	33.87	12.28	65.56	47.2	12.67	34.2
Diluted Eps Before Extraordinary Items	21.71	18.84	38.56	38.76	33.87	12.28	65.56	47.2	12.67	34.2

Consolidated Standalone

CONSOLIDATED ANNUAL RESULT FOR COFORGE LIMITED

Date End	Mar 2022	Mar 2023	Mar 2024
No of months	12 months	12 months	12 months
Net Sales	64320	80146	91790
Total Income	64838	80765	92288
Total Expenditure	53301	67339	77513
Other Income	518	619	498
Operating Profit	11537	13426	14775
Interest	650	806	1256
Exceptional Items		-523	116
PBDT	10887	12097	13635
Depreciation	2272	2585	3186
Profit Before Tax	8615	9512	10449
Tax	1468	2061	2093
Profit After Tax	7147	7451	8356
Net Profit	7147	7451	8356
Equity Capital	609	611	618
Face Value (IN RS)	10	10	10
Reserves			35648
Calculated EPS	108.65	113.55	130.74
Diluted Eps After Extraordinary Items	106.52	111.53	129.59
Diluted Eps Before Extraordinary Items	106.52	111.53	129.59

STANDALONE ANNUAL RESULT FOR COFORGE LIMITED

Date End	Mar 2022	Mar 2023	Mar 2024
No of months	12 months	12 months	12 months
Net Sales	33132	42305	48489
Total Income	37137	48184	56087
Total Expenditure	28866	37761	43393
Other Income	4005	5879	7598
Operating Profit	8271	10423	12694
Interest	518	588	723
Exceptional Items		-523
PBDT	7753	9312	11971
Depreciation	838	1087	1283
Profit Before Tax	6915	8225	10688
Tax	470	900	770
Profit After Tax	6445	7325	9918
Net Profit	6445	7325	9918
Equity Capital	609	611	618
Face Value (IN RS)	10	10	10
Reserves			32504
Calculated EPS	105.83	119.89	160.49
Diluted Eps After Extraordinary Items	103.75	117.75	159.07
Diluted Eps Before Extraordinary Items	103.75	117.75	159.07

Consolidated Standalone

CONSOLIDATED PROFIT / LOSS FOR COFORGE LIMITED

YEAR	Mar 2021	Mar 2022	Mar 2023	Mar 2024
No of Months	12 months	12 months	12 months	12 months
Operating Income	4662.8 Cr	6432 Cr	8014.6 Cr	9179 Cr
Software Services & Operating Revenues	4662.8 Cr	6432 Cr	8014.6 Cr	9179 Cr
Operating Income (Net)	4662.8 Cr	6432 Cr	8014.6 Cr	9179 Cr
Power & Fuel Cost	12.4 Cr	13.9 Cr	15.8 Cr	19.2 Cr
Electricity & Power	12.4 Cr	13.9 Cr	15.8 Cr	19.2 Cr
Employee Cost	2815.8 Cr	3834.6 Cr	4828 Cr	5506.9 Cr
Salaries, Wages & Bonus	2606.2 Cr	3556.1 Cr	4389.5 Cr	5071 Cr
Contributions to EPF & Pension Funds	130.3 Cr	192.4 Cr	240.8 Cr	276.2 Cr
Wheeling & Transmission Charges recoverable	18.4 Cr	27.9 Cr	109.7 Cr	33.2 Cr
Cost of Software developments	359.5 Cr	407.6 Cr	530.2 Cr	750.6 Cr
Software Purchase	193.5 Cr	172.4 Cr	55.1 Cr	9.4 Cr
Operating Expenses	464.2 Cr	904.1 Cr	1048.2 Cr	1058.8 Cr
Repairs and Maintenance	53 Cr	85.1 Cr	67.7 Cr	75.8 Cr
General and Administration Expenses	151.7 Cr	98.1 Cr	234.3 Cr	311.3 Cr
Rates & Taxes	1.1 Cr	2 Cr	50 Lk	1.6 Cr
Insurance	7.8 Cr	11.7 Cr	11.7 Cr	12.7 Cr
Professional and legal fees	80.3 Cr	0	84.7 Cr	116.4 Cr
Selling and Marketing Expenses	12.2 Cr	19.1 Cr	25.7 Cr	54.7 Cr
Advertisement & Sales Promotion	12.2 Cr	19.1 Cr	25.7 Cr	54.7 Cr
Miscellaneous Expenses	67.5 Cr	52.7 Cr	51.7 Cr	49.9 Cr
Provision for doubtful debts	20.5 Cr	1.6 Cr	7.2 Cr	10.4 Cr
Loss on disposal of fixed assets(net)	1.6 Cr	0	1.3 Cr	0
Loss on foreign exchange fluctuations	10.6 Cr	0	0	0
Total Expenditure	3883.3 Cr	5330.1 Cr	6733.9 Cr	7751.4 Cr
Other Income	32.6 Cr	51.8 Cr	61.9 Cr	61.4 Cr
Interest Received	10.9 Cr	11 Cr	15.7 Cr	25.9 Cr
Dividend Received	0	20 Lk	0	0
Profit on sale of Fixed Assets	0	60 Lk	0	0
Profits on sale of Investments	80 Lk	30 Lk	0	0
Provision Written Back	0	0	0	11.6 Cr
Foreign Exchange Gains	0	16.1 Cr	25.9 Cr	5.9 Cr
Operating Profit	812.1 Cr	1153.7 Cr	1342.6 Cr	1489 Cr
Interest	14.3 Cr	65 Cr	80.6 Cr	125.6 Cr
Intereston Term Loan	70 Lk	47.9 Cr	59.8 Cr	92.6 Cr
Bank Charges etc	13.6 Cr	4.1 Cr	3.8 Cr	5.1 Cr
PBDT	797.8 Cr	1088.7 Cr	1262 Cr	1363.4 Cr
Depreciation	183.6 Cr	227.2 Cr	258.5 Cr	318.5 Cr
Profit Before Taxation & Exceptional Items	614.2 Cr	861.5 Cr	1003.5 Cr	1044.9 Cr
Exceptional Income / Expenses	-18 Cr	0	-52.3 Cr	0
Profit Before Tax	596.2 Cr	861.5 Cr	951.2 Cr	1044.9 Cr
Provision for Tax	130.2 Cr	146.8 Cr	206.1 Cr	209.3 Cr
Current Income Tax	158.4 Cr	276.2 Cr	313 Cr	375.7 Cr
Deferred Tax	-20.4 Cr	-30.6 Cr	-43.1 Cr	-40 Cr
Profit After Tax	466 Cr	714.7 Cr	745.1 Cr	835.6 Cr
Minority Interest	-10.4 Cr	-53 Cr	-51.3 Cr	-27.6 Cr
Consolidated Net Profit	455.6 Cr	661.7 Cr	693.8 Cr	808 Cr
Profit Balance B/F	1941.5 Cr	2037.5 Cr	2240.1 Cr	2508 Cr
Appropriations	2397.1 Cr	2699.2 Cr	2933.9 Cr	3316 Cr
Equity Dividend %	130	520	640	760
Earnings Per Share	75.18	108.65	113.55	130.74
Adjusted EPS	75.18	108.65	113.55	130.74

STANDALONE PROFIT / LOSS FOR COFORGE LIMITED

YEAR	Mar 2021	Mar 2022	Mar 2023	Mar 2024
No of Months	12 months	12 months	12 months	12 months
Operating Income	2412.4 Cr	3313.2 Cr	4230.5 Cr	4848.9 Cr
Software Services & Operating Revenues	2412.4 Cr	3313.2 Cr	4230.5 Cr	4848.9 Cr
Operating Income (Net)	2412.4 Cr	3313.2 Cr	4230.5 Cr	4848.9 Cr
Power & Fuel Cost	9.8 Cr	8.1 Cr	9.5 Cr	12.4 Cr
Electricity & Power	9.8 Cr	8.1 Cr	9.5 Cr	12.4 Cr
Employee Cost	1594.1 Cr	2156.5 Cr	2886.6 Cr	3279 Cr
Salaries, Wages & Bonus	1496.4 Cr	2029.7 Cr	2656.1 Cr	3043.8 Cr
Contributions to EPF & Pension Funds	42.2 Cr	67.4 Cr	102.1 Cr	113.8 Cr
Wheeling & Transmission Charges recoverable	12.2 Cr	20.2 Cr	64.3 Cr	22.3 Cr
Cost of Software developments	157.7 Cr	154.1 Cr	194.7 Cr	341.8 Cr
Software Purchase	116.9 Cr	97.9 Cr	36.5 Cr	10 Lk
Operating Expenses	279.4 Cr	486.5 Cr	572.7 Cr	535.9 Cr
Repairs and Maintenance	34.2 Cr	47 Cr	31.8 Cr	38.2 Cr
General and Administration Expenses	66.6 Cr	65.5 Cr	87.2 Cr	136.5 Cr
Rates & Taxes	30 Lk	1 Cr	10 Lk	50 Lk
Insurance	3.5 Cr	5.3 Cr	5.1 Cr	6.5 Cr
Professional and legal fees	39.1 Cr	33.8 Cr	26.9 Cr	47.3 Cr
Selling and Marketing Expenses	5.1 Cr	3.9 Cr	6.1 Cr	9.9 Cr
Advertisement & Sales Promotion	5.1 Cr	3.9 Cr	6.1 Cr	9.9 Cr
Miscellaneous Expenses	19.9 Cr	12 Cr	19.3 Cr	23.8 Cr
Provision for doubtful debts	2.1 Cr	10 Lk	2.8 Cr	5.4 Cr
Loss on disposal of fixed assets(net)	1.4 Cr	0	1.3 Cr	20 Lk
Loss on foreign exchange fluctuations	2.6 Cr	0	0	0
Total Expenditure	2132.6 Cr	2886.6 Cr	3776.1 Cr	4339.3 Cr
Other Income	105.6 Cr	400.5 Cr	587.9 Cr	759.8 Cr
Interest Received	5.7 Cr	2.5 Cr	4.3 Cr	2.4 Cr
Dividend Received	68.2 Cr	347.5 Cr	475.8 Cr	627.8 Cr
Profits on sale of Investments	0	0	0	1 Cr
Foreign Exchange Gains	0	9.3 Cr	11.6 Cr	6.4 Cr
Operating Profit	385.4 Cr	827.1 Cr	1042.3 Cr	1269.4 Cr
Interest	5.8 Cr	51.8 Cr	58.8 Cr	72.3 Cr
Intereston Term Loan	90 Lk	45.6 Cr	54.4 Cr	62.3 Cr
Bank Charges etc	4.9 Cr	1.8 Cr	1.4 Cr	2.5 Cr
PBDT	379.6 Cr	775.3 Cr	983.5 Cr	1197.1 Cr
Depreciation	96.2 Cr	83.8 Cr	108.7 Cr	128.3 Cr
Profit Before Taxation & Exceptional Items	283.4 Cr	691.5 Cr	874.8 Cr	1068.8 Cr
Exceptional Income / Expenses	0	0	-52.3 Cr	0
Profit Before Tax	283.4 Cr	691.5 Cr	822.5 Cr	1068.8 Cr
Provision for Tax	43.5 Cr	47 Cr	90 Cr	77 Cr
Current Income Tax	65 Cr	140.8 Cr	152.8 Cr	216 Cr
Deferred Tax	-10 Cr	-4.3 Cr	6.1 Cr	-18.5 Cr
Profit After Tax	239.9 Cr	644.5 Cr	732.5 Cr	991.8 Cr
Consolidated Net Profit	239.9 Cr	644.5 Cr	732.5 Cr	991.8 Cr
Profit Balance B/F	1628.4 Cr	1513.3 Cr	1874 Cr	2253.1 Cr
Appropriations	1868.3 Cr	2157.8 Cr	2606.5 Cr	3244.9 Cr
Equity Dividend %	130	520	640	760
Earnings Per Share	39.59	105.83	119.89	160.49
Adjusted EPS	39.59	105.83	119.89	160.49

Consolidated Standalone

CONSOLIDATED CASH FLOW FOR COFORGE LIMITED

Year End	Mar 2021	Mar 2022	Mar 2023	Mar 2024
No of Months	12 months	12 months	12 months	12 months
Profit Before Tax	596.2 Cr	861.5 Cr	951.2 Cr	1044.9 Cr
Adjustment	284.1 Cr	312 Cr	382 Cr	504.6 Cr
Changes In working Capital	50.2 Cr	-143.3 Cr	-102.7 Cr	-280 Cr
Cash Flow after changes in Working Capital	930.5 Cr	1030.2 Cr	1230.5 Cr	1269.5 Cr
Cash Flow from Operating Activities	762.3 Cr	765.6 Cr	950.5 Cr	903.4 Cr
Cash Flow from Investing Activities	-235.4 Cr	-956.4 Cr	-271.6 Cr	-247.8 Cr
Cash Flow from Financing Activitie	-553.1 Cr	-155.8 Cr	-558.2 Cr	-887 Cr
Net Cash Inflow / Outflow	-26.2 Cr	-346.6 Cr	120.7 Cr	-231.4 Cr
Opening Cash & Cash Equivalents	819.5 Cr	799.9 Cr	446.8 Cr	569.9 Cr
Effect of Foreign Exchange Fluctuations	6.6 Cr	-6.5 Cr	2.4 Cr	-17.2 Cr
Closing Cash & Cash Equivalent	799.9 Cr	446.8 Cr	569.9 Cr	321.3 Cr

STANDALONE CASH FLOW FOR COFORGE LIMITED

Year End	Mar 2021	Mar 2022	Mar 2023	Mar 2024
No of Months	12 months	12 months	12 months	12 months
Profit Before Tax	283.4 Cr	691.5 Cr	822.5 Cr	1068.8 Cr
Adjustment	78.3 Cr	-188.2 Cr	-263.5 Cr	-356.7 Cr
Changes In working Capital	198.7 Cr	14.6 Cr	-331.7 Cr	-241.4 Cr
Cash Flow after changes in Working Capital	560.4 Cr	517.9 Cr	227.3 Cr	470.7 Cr
Cash Flow from Operating Activities	485 Cr	388.7 Cr	75.8 Cr	295.3 Cr
Cash Flow from Investing Activities	-4.2 Cr	-730.8 Cr	414.1 Cr	489.6 Cr
Cash Flow from Financing Activitie	-494 Cr	1.9 Cr	-413.1 Cr	-879.3 Cr
Net Cash Inflow / Outflow	-13.2 Cr	-340.2 Cr	76.8 Cr	-94.4 Cr
Opening Cash & Cash Equivalents	413.8 Cr	400.6 Cr	60.4 Cr	137.2 Cr
Closing Cash & Cash Equivalent	400.6 Cr	60.4 Cr	137.2 Cr	42.8 Cr

Consolidated Standalone

CONSOLIDATED BALANCE SHEET FOR COFORGE LIMITED

Consolidated Standalone

FINANCIAL RATIOS (CONSOLIDATED) FOR COFORGE LIMITED

YEAR	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Operational & Financial Ratios
Earnings Per Share (Rs)	75.18	108.65	113.55	130.74
CEPS(Rs)	107.2	154.66	164.26	186.75
DPS(Rs)	13	52	64	76
Book NAV/Share(Rs)	398.32	439.34	490.03	580.03
Tax Rate(%)	21.84	17.04	21.67	20.03
Margin Ratios
Core EBITDA Margin(%)	16.72	17.13	15.98	15.55
EBIT Margin(%)	13.09	14.4	12.87	12.75
Pre Tax Margin(%)	12.79	13.39	11.87	11.38
PAT Margin (%)	9.99	11.11	9.3	9.1
Cash Profit Margin (%)	13.93	14.64	12.52	12.57
Performance Ratios
ROA(%)	11.28	14.14	11.82	11.92
ROE(%)	19.41	28.09	26.28	25.4
ROCE(%)	24.92	33.36	31.71	31.28
Asset Turnover(x)	1.13	1.27	1.27	1.31
Sales/Fixed Asset(x)	2.74	2.85	2.66	2.84
Working Capital/Sales(x)	3.62	6.17	9.24	8.57
Efficiency Ratios
Fixed Capital/Sales(x)	0.36	0.35	0.38	0.35
Receivable days	68.34	69.73	68.37	67.94
Payable days	31.49	0	0	0
Valuation Parameters
PER(x)	38.96	40.99	33.62	42.06
PCE(x)	27.33	28.8	23.24	29.45
Price/Book(x)	7.35	10.14	7.79	9.48
Yield(%)	0.44	1.17	1.68	1.38
EV/Net Sales(x)	3.63	4.2	2.88	3.71
EV/Core EBITDA(x)	20.86	23.42	17.19	22.89
EV/EBIT(x)	27.75	29.17	22.37	29.12
EV/CE(x)	4.01	4.59	3.44	8.39
M Cap / Sales	3.81	4.22	2.91	3.7
Growth Ratio
Net Sales Growth(%)	11.45	37.94	24.61	14.53
Core EBITDA Growth(%)	2.67	42.06	16.37	10.9
EBIT Growth(%)	-0.07	51.76	11.37	13.44
PAT Growth(%)	-0.34	53.37	4.25	12.15
EPS Growth(%)	5.83	44.52	4.51	15.14
Financial Stability Ratios
Total Debt/Equity(x)	0	0.13	0.11	0.12
Current Ratio(x)	1.75	1.88	1.5	1.7
Quick Ratio(x)	1.75	1.88	1.5	1.7
Interest Cover(x)	42.69	14.25	12.8	9.32
Total Debt/Mcap(x)	0	0.01	0.01	0.01

FINANCIAL RATIOS (STANDALONE) FOR COFORGE LIMITED

YEAR	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Operational & Financial Ratios
Earnings Per Share (Rs)	39.59	105.83	119.89	160.49
CEPS(Rs)	55.46	119.59	137.68	181.25
DPS(Rs)	13	52	64	76
Book NAV/Share(Rs)	289.24	352.81	413.57	529.16
Tax Rate(%)	15.35	6.8	10.94	7.2
Margin Ratios
Core EBITDA Margin(%)	11.6	12.88	10.74	10.51
EBIT Margin(%)	11.99	22.43	20.83	23.53
Pre Tax Margin(%)	11.75	20.87	19.44	22.04
PAT Margin (%)	9.94	19.45	17.31	20.45
Cash Profit Margin (%)	13.93	21.98	19.88	23.1
Performance Ratios
ROA(%)	8.68	19.97	18.18	21.07
ROE(%)	12.9	33.04	31.33	34.22
ROCE(%)	15.27	34.18	32.07	34.55
Asset Turnover(x)	0.87	1.03	1.05	1.03
Sales/Fixed Asset(x)	3.07	4.37	5.59	6.04
Working Capital/Sales(x)	5.08	140.39	11.37	9.42
Efficiency Ratios
Fixed Capital/Sales(x)	0.33	0.23	0.18	0.17
Receivable days	53.14	41.19	52.12	65.97
Payable days	30.71	0	0	0
Valuation Parameters
PER(x)	74	42.08	31.84	34.26
PCE(x)	52.82	37.24	27.73	30.34
Price/Book(x)	10.13	12.62	9.23	10.39
Yield(%)	0.44	1.17	1.68	1.38
EV/Net Sales(x)	7.19	8.27	5.56	7.07
EV/Core EBITDA(x)	45.02	33.12	22.57	27
EV/EBIT(x)	59.99	36.86	26.69	30.04
EV/CE(x)	6.34	7.37	5.41	9.39
M Cap / Sales	7.36	8.19	5.51	7.01
Growth Ratio
Net Sales Growth(%)	8.13	37.34	27.69	14.62
Core EBITDA Growth(%)	-34.15	114.61	26.02	21.79
EBIT Growth(%)	-41.59	157.02	18.57	29.48
PAT Growth(%)	-43.22	168.65	13.65	35.4
EPS Growth(%)	-41.44	167.33	13.28	33.87
Financial Stability Ratios
Total Debt/Equity(x)	0	0.16	0.13	0.1
Current Ratio(x)	1.49	1.04	1.56	1.8
Quick Ratio(x)	1.49	1.04	1.56	1.8
Interest Cover(x)	49.86	14.35	14.99	15.78
Total Debt/Mcap(x)	0	0.01	0.01	0.01

SHARE HOLDING PATTERN FOR COFORGE LIMITED

Date	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters %	0.00	40.06	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FII %	21.87	21.02	21.30	25.40	24.78	34.36	34.04	35.00	41.43	42.09
DII %	0.26	0.30	0.33	0.49	0.48	0.55	0.50	0.29	0.27	0.30
Public %	12.16	12.46	11.97	12.24	11.39	11.35	10.94	10.70	11.27	9.75

PEER COMPARISON FOR COFORGE LIMITED

No.	Name
1	Subex Limited
2	ROUTE MOBILE LIMITED
3	Happiest Minds Technologies Limited
4	InfoBeans Technologies Limited
5	Airan Limited
6	KPIT Technologies Limited
7	Xelpmoc Design And Tech Limited
8	RPSG VENTURES LIMITED
9	TREJHARA SOLUTIONS LIMITED
10	Newgen Software Technologies Limited
11	Intense Technologies Limited
12	Tera Software Limited
13	Mindteck (India) Limited
14	LTIMindtree Limited
15	Palred Technologies Limited
16	Infibeam Avenues Limited
17	Kellton Tech Solutions Limited
18	Quick Heal Technologies Limited
19	Aurum PropTech Limited
20	Brightcom Group Limited
21	Zen Technologies Limited
22	Intellect Design Arena Limited
23	Cigniti Technologies Limited
24	SECUREKLOUD TECHNOLOGIES LIMITED
25	Dynacons Systems & Solutions Limited
26	Usha Martin Education & Solutions Limited
27	Persistent Systems Limited
28	Expleo Solutions Limited
29	DiGiSPICE Technologies Limited
30	GSS Infotech Limited
31	OnMobile Global Limited
32	Take Solutions Limited
33	Allied Digital Services Limited
34	Megasoft Limited
35	MindTree Limited
36	Cambridge Technology Enterprises Limited
37	IZMO Limited
38	Tanla Platforms Limited
39	Inspirisys Solutions Limited
40	Tech Mahindra Limited
41	R Systems International Limited
42	Kernex Microsystems (India) Limited
43	Aurionpro Solutions Limited
44	FCS Software Solutions Limited
45	Sasken Technologies Limited
46	63 moons technologies limited
47	Saksoft Limited
48	3i Infotech Limited
49	Xchanging Solutions Limited
50	Coforge Limited

CORPORATE ACTIONS FOR COFORGE LIMITED

Exchange Date	Purpose	Book Closure Dates
BSE 11-Oct-2024	Dividend - Rs.19.0000 (190%) Second Interim Dividend
BSE 07-Oct-2024	Dividend - Inter alia, the Board of Directors of the Company,through circular resolution on October 04, 2024, has declared a second interim dividend of Rs. 19/- (Rupees Nineteen only) per Equity Share of the Company having face value of Rs. 10/- each fully paidup, for the financial year 2024-25. The Record date for the purpose of ascertaining the eligibility of shareholders for payment of the second interim ...	04-Oct-2024
BSE 16-Sep-2024	Board Meeting - Quarterly Results & Interim Dividend	22-Oct-2024
BSE 02-Aug-2024	Dividend - Rs.19.0000 per share(190%)Interim Dividend
BSE 04-Jun-2024	Board Meeting - Quarterly Results & Interim Dividend	22-Jul-2024
BSE 22-May-2024	Board Meeting - Inter alia, for considering and approving the Issue Price for the Equity Shares to be allotted to qualified institutional buyer	27-May-2024
BSE 02-May-2024	SAST - Inter alia, approved: 1. The Board has also declared fourth interim dividend of Rs. 19/- (Rupees Nineteen only) per Equity Share of the Company the face value of Rs. 10/- each fully paid-up, for the financial year 2023-24. Change in Directorship The Board has approved the re-appointment of Mr. Sudhir Singh (DIN 07080613), as an Executive Director of the Company for a period upto 5 years with effec...	02-May-2024
BSE 02-May-2024	Dividend - Rs.19.0000 per share(190%)Interim Dividend
BSE 15-Apr-2024	Board Meeting - Quarterly Results & Interim Dividend & Audited Results	02-May-2024
BSE 13-Mar-2024	Board Meeting - inter alia consider and approve the proposal for raising of funds by way of issuance equity shares or any other eligible securities through permissible modes, including but not limited to a private placement, a qualified institutions placement, preferential issue, or any other method or combination of methods as may be permitted under applicable laws, subject to such regulatory/statutory approvals...	16-Mar-2024
BSE 12-Mar-2024	Board Meeting - Interim Dividend & Audited Results & Quarterly Results	02-May-2024
BSE 05-Feb-2024	Dividend - Rs.19.0000 per share(190%)Interim Dividend
BSE 04-Dec-2023	Board Meeting - Quarterly Results & Interim Dividend	22-Jan-2024
BSE 02-Nov-2023	Dividend - Rs.19.0000 per share(190%)Interim Dividend
BSE 01-Sep-2023	Board Meeting - Interim Dividend & Quarterly Results	19-Oct-2023
BSE 03-Aug-2023	Dividend - Rs.19.0000 per share(190%)Interim Dividend
BSE 01-Jun-2023	Board Meeting - Interim Dividend & Quarterly Results	20-Jul-2023
BSE 09-May-2023	Dividend - Rs.19.0000 per share(190%)Interim Dividend
BSE 03-Mar-2023	Board Meeting - Audited Results & Fourth Interim Dividend	27-Apr-2023
BSE 20-Jan-2023	Dividend - Rs.19.0000 per share (190%) Third Interim Dividend
BSE 09-Nov-2022	Board Meeting - Quarterly Results & Interim Dividend	20-Jan-2023
BSE 03-Nov-2022	Dividend - Rs.13.0000 per share (130%) Second Interim Dividend
BSE 29-Sep-2022	Board Meeting - Quarterly Results & Interim Dividend	20-Oct-2022
BSE 03-Aug-2022	Dividend - Rs.13.0000 per share(130%)First Interim Dividend
BSE 15-Jul-2022	Board Meeting - First Interim Dividend & Quarterly Results	22-Jul-2022
BSE 23-May-2022	Dividend - Rs.13.0000 per share(130%)Interim Dividend
BSE 06-May-2022	Board Meeting - Board Meeting Intimation for Board Meeting Intimation For Audited Results And DividendSecurity Code 532541 Company Coforge Ltd Exchange Received Time 06-05-2022 22:01:04 Exchange Disseminated Time 06-05-2022 22:01:05 Time Taken 00:00:01Coforge Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/05/2022 ,inter alia, to consider and approve Audited Result...	12-May-2022
BSE 07-Feb-2022	Dividend - Rs.13.0000 per share (130%) Third Interim
BSE 19-Jan-2022	Board Meeting - Quarterly Results & Interim Dividend	27-Jan-2022
BSE 03-Nov-2021	Dividend - Rs.13.0000 per share (130%) Second Interim Dividend

CORPORATE ANNOUNCEMENTS FOR COFORGE LIMITED

Exchange Date	Category File	Description
BSE 30-Oct-2024	General FILE	Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011 The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Motilal Oswal Asset Management Company Ltd
BSE 28-Oct-2024	General Announcements FILE	Announcement under Regulation 30 (LODR)-Monitoring Agency Report Monitoring Agency Report
BSE 28-Oct-2024	General Announcements FILE	Announcement under Regulation 30 (LODR)-Newspaper Publication Newspaper Advertisement
BSE 24-Oct-2024	General Announcements FILE	Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate Intimation for loss of share certificate
BSE 24-Oct-2024	General Announcements FILE	Announcement under Regulation 30 (LODR)-Newspaper Publication Newspaper Publication of financial results for the quarter ended September 30 2024
BSE 22-Oct-2024	General Announcements FILE	Announcement Under Regulation 30 Press Release Intimation
BSE 22-Oct-2024	General Announcements FILE	Announcement Under Regulation 30 Announcement under Regulation 30 - Open Offer Update
BSE 22-Oct-2024	General Announcements FILE	Related Party Transaction As On September 30 2024 Related Party Transaction as on September 30 2024
BSE 22-Oct-2024	General Announcements FILE	Announcement under Regulation 30 (LODR)-Press Release / Media Release Press Release Intimation
BSE 22-Oct-2024	Outcome FILE	Board Meeting Outcome for Outcome Of Board Meeting Outcome of Board Meeting
BSE 19-Oct-2024	General Announcements FILE	Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS Intimation for Allotment of Shares under ESOP
BSE 18-Oct-2024	General Announcements FILE	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation Intimation of Earnings Call
BSE 12-Oct-2024	General Announcements FILE	Intimation Under Regulation 30 Intimation under Regulation 30
BSE 07-Oct-2024	General Announcements FILE	Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018 Certificate under Reg 74(5) of SEBI (DP) Regulations 2018
BSE 07-Oct-2024	General Announcements FILE	Intimation Under Regulation 30 Intimation under Regulation 30
BSE 07-Oct-2024	Intimation FILE	Update Update
BSE 04-Oct-2024	General Announcements FILE	Announcement under Regulation 30 (LODR)-Dividend Updates Intimation of declaration of second interim dividend
BSE 30-Sep-2024	Intimation FILE	Closure of Trading Window Intimation of trading window closure
BSE 30-Sep-2024	Intimation FILE	Corporate Action-Board to consider Dividend Intimation for consideration of proposal to declare interim dividend
BSE 30-Sep-2024	General Announcements FILE	Announcement under Regulation 30 (LODR)-Dividend Updates Intimation for consideration of proposal to declare Interim Dividend
BSE 29-Sep-2024	General Announcements FILE	Intimation For Grant Of 15 43 100 Options Under Employees Stock Option Plan 2005 (ESOP 2005) Intimation for Grant of 15 43 100 Options under Employees Stock Option Plan 2005 (ESOP 2005)
BSE 18-Sep-2024	General Announcements FILE	Announcement under Regulation 30 (LODR)-Newspaper Publication Intimation for Newspaper Publication for INC-26 regarding shifting of Registered Office
BSE 15-Sep-2024	Intimation FILE	Closure of Trading Window Intimation for closure of trading window
BSE 15-Sep-2024	Intimation FILE	Board Meeting Intimation for Quarterly Results & Interim Dividend Coforge Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/10/2024 inter alia to consider and approve Board Meeting Intimation for consideration of financial results for quarter and half year ended September 30 2024 and dividend if any
BSE 06-Sep-2024	General Announcements FILE	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation Investor Meet Intimation
BSE 26-Aug-2024	General FILE	Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011 The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Motilal Oswal Nifty Midcap 100 ETF & Others
BSE 24-Aug-2024	Outcome FILE	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report Intimation of Voting Results and Scrutinizer Report
BSE 23-Aug-2024	Outcome FILE	Shareholder Meeting / Postal Ballot-Outcome of AGM Summary of the Proceedings of 32nd Annual General Meeting of the Company held on August 23 2024
BSE 23-Aug-2024	General Announcements FILE	Announcement under Regulation 30 (LODR)-Newspaper Publication Intimation of Newspaper Publication for loss of share certificate
BSE 22-Aug-2024	General Announcements FILE	Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate Intimation for loss of share certificate

INSIDER TRADING FOR COFORGE LIMITED

Exchange Dates	Activity	Qty & Price (%)	Person / Organisation
BSE 23-Sep-2024 23-Sep-2024	Sell Market	300 @ 0.00 (0.00 %)	Babita Wadhwa
BSE 25-Sep-2024 25-Sep-2024	Sell Market	300 @ 0.00 (0.00 %)	Babita Wadhwa
BSE 26-Sep-2024 26-Sep-2024	Sell Market	1,000 @ 0.00 (0.00 %)	Madhusudan Hegde
BSE 29-Sep-2024 29-Sep-2024	Sell Market	2,493 @ 0.00 (0.00 %)	Rajeev Batra
BSE 17-Sep-2024 17-Sep-2024	Sell Market	2,900 @ 0.00 (0.00 %)	Madan Mohan
BSE 18-Sep-2024 18-Sep-2024	Sell Market	10,000 @ 0.00 (0.01 %)	Sudhir Singh
BSE 17-Sep-2024 17-Sep-2024	Sell Market	40,000 @ 0.00 (0.07 %)	Sudhir Singh
BSE 11-Sep-2024 11-Sep-2024	Sell Market	10,000 @ 0.00 (0.00 %)	Gautam Samanta
BSE 13-Sep-2024 13-Sep-2024	Sell Market	4,500 @ 0.00 (0.00 %)	Gautam Samanta
BSE 30-Aug-2024 30-Aug-2024	Sell Market	1,200 @ 0.00 (0.00 %)	Ashish Arora
BSE 29-Aug-2024 29-Aug-2024	Sell Market	1,747 @ 0.00 (0.00 %)	Pankaj Khanna
BSE 29-Jul-2024 29-Jul-2024	Sell Market	1,875 @ 0.00 (0.00 %)	John Robert Speight
BSE 02-Jul-2024 02-Jul-2024	Buy ESOP	1,875 @ 0.00 (0.00 %)	John Robert Speight
BSE 02-Jul-2024 02-Jul-2024	Buy ESOP	583 @ 0.00 (0.00 %)	Milan Gandhi
BSE 02-Jul-2024 02-Jul-2024	Buy ESOP	409 @ 0.00 (0.00 %)	Rajeev Pandey
BSE 02-Jul-2024 02-Jul-2024	Buy ESOP	354 @ 0.00 (0.00 %)	Sudarshan Seshadri
BSE 22-Mar-2024 22-Mar-2024	Buy ESOP	4,471 @ 0.00 (0.00 %)	Namrata Deepak Ahuja
BSE 18-Mar-2024 18-Mar-2024	Buy ESOP	15,105 @ 0.00 (0.00 %)	Gautam Samanta
BSE 18-Mar-2024 18-Mar-2024	Buy ESOP	1,200 @ 0.00 (0.00 %)	Ashish Arora
BSE 15-Mar-2024 15-Mar-2024	Sell Market	6,340 @ 0.00 (0.00 %)	John Robert Speight
BSE 18-Mar-2024 18-Mar-2024	Buy ESOP	326 @ 0.00 (0.00 %)	Suresh Kumar Jagannathan
BSE 05-Mar-2024 06-Mar-2024	Sell Market	20,000 @ 0.00 (0.00 %)	Ajay Kalra
BSE 07-Mar-2024 07-Mar-2024	Sell Market	8,000 @ 0.00 (0.01 %)	Sanjeev Prasad
BSE 05-Mar-2024 05-Mar-2024	Sell Market	2,009 @ 0.00 (0.00 %)	Kishore Krishnan
BSE 01-Mar-2024 01-Mar-2024	Sell Market	1,000 @ 0.00 (0.00 %)	Rohit Mehra
BSE 29-Feb-2024 29-Feb-2024	Sell Market	3,500 @ 0.00 (0.00 %)	Kishore Krishnan
BSE 28-Feb-2024 28-Feb-2024	Sell Market	1,000 @ 0.00 (0.00 %)	Kishore Krishnan
BSE 28-Feb-2024 28-Feb-2024	Buy ESOP	6,340 @ 0.00 (0.00 %)	John Robert Speight
BSE 26-Feb-2024 26-Feb-2024	Sell Market	1,350 @ 0.00 (0.00 %)	Saurabh Goel
BSE 28-Feb-2024 28-Feb-2024	Buy ESOP	1,426 @ 0.00 (0.00 %)	Suvrata Acharya

BULK BLOCK DEALS FOR COFORGE LIMITED

Exchange Dates	Activity	Qty & Price (%)	Person / Organisation
BSE 02-May-2023	Sell BULK	2,150,000 @ 4125.44	HULST B V
BSE 02-May-2023	Buy BULK	484,848 @ 4125.00	MOTILAL OSWAL A/C MOTILAL OSWAL MOST FOCUSED MULTICAP 35 FUND
BSE 25-Oct-2022	Sell BLOCK	62,526 @ 3877.30	ISHARES CORE EMERGING MARKETS MAURITIUS CO
BSE 25-Oct-2022	Buy BLOCK	62,526 @ 3877.30	ISHARES CORE MSCI EMERGING MARKETS ETF
BSE 25-Oct-2022	Sell BLOCK	10,777 @ 3877.30	ISHARES INDIA SC MAURITIUS COMPANY
BSE 25-Oct-2022	Buy BLOCK	10,777 @ 3877.30	ISHARES MSCI INDIA SMALL-CAP ETF
BSE 17-Oct-2022	Sell BLOCK	62,466 @ 3742.00	ISHARES CORE EMERGING MARKETS MAURITIUS CO
BSE 17-Oct-2022	Buy BLOCK	62,466 @ 3742.00	ISHARES CORE MSCI EMERGING MARKETS ETF
BSE 17-Oct-2022	Sell BLOCK	10,764 @ 3742.00	ISHARES INDIA SC MAURITIUS COMPANY
BSE 17-Oct-2022	Buy BLOCK	10,764 @ 3742.00	ISHARES MSCI INDIA SMALL-CAP ETF
BSE 11-Oct-2022	Sell BLOCK	30,540 @ 3638.05	ISHARES CORE EMERGING MARKETS MAURITIUS CO
BSE 11-Oct-2022	Buy BLOCK	30,540 @ 3638.05	ISHARES CORE MSCI EMERGING MARKETS ETF
BSE 11-Oct-2022	Sell BLOCK	5,262 @ 3638.05	ISHARES INDIA SC MAURITIUS COMPANY
BSE 11-Oct-2022	Buy BLOCK	5,262 @ 3638.05	ISHARES MSCI INDIA SMALL-CAP ETF
BSE 19-Sep-2022	Sell BLOCK	26,315 @ 3281.30	ISHARES CORE EMERGING MARKETS MAURITIUS CO
BSE 19-Sep-2022	Buy BLOCK	26,315 @ 3281.30	ISHARES CORE MSCI EMERGING MARKETS ETF
BSE 19-Sep-2022	Sell BLOCK	4,221 @ 3281.30	ISHARES INDIA SC MAURITIUS COMPANY
BSE 19-Sep-2022	Buy BLOCK	4,221 @ 3281.30	ISHARES MSCI INDIA SMALL-CAP ETF
BSE 04-May-2022	Buy BLOCK	42,062 @ 4116.55	ISHARES CORE MSCI TOTAL INTERNATIONAL STOCK ETF
BSE 04-May-2022	Sell BLOCK	42,062 @ 4116.55	ISHARES CORE TOTAL INTERNATIONAL STOCK MAURITIUS CO
BSE 10-Mar-2022	Sell BULK	3,000,000 @ 4261.15	HULST B V
BSE 10-Mar-2022	Sell BULK	3,000,000 @ 4273.24	HULST B V
BSE 10-Mar-2022	Buy BULK	467,500 @ 4260.04	NOMURA INDIA INVESTMENT FUND MOTHER FUND
BSE 10-Mar-2022	Buy BULK	486,000 @ 4260.00	SOCIETE GENERALE
BSE 20-Dec-2021	Buy BLOCK	102,301 @ 5392.95	IMCO EMERGING MARKETS PUBLIC EQUITY LP
BSE 20-Dec-2021	Sell BLOCK	102,301 @ 5392.95	ONTARIO PENSION BOARD
BSE 07-Sep-2021	Sell BLOCK	414,520 @ 5282.45	GOLDMAN SACHS ASSET MANAGEMENT LLC A/C GOLDMAN SACHS INDIA FUND LIMITED
BSE 07-Sep-2021	Buy BLOCK	414,520 @ 5282.45	GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY PORTFOLIO
BSE 07-Sep-2021	Sell BULK	414,520 @ 5282.45	GOLDMAN SACHS ASSET MANAGEMENT LLC A/C GOLDMAN SACHS INDIA FUND LIMITED
BSE 07-Sep-2021	Buy BULK	414,520 @ 5282.45	GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY PORTFOLIO

DIVIDEND BY COFORGE LIMITED

Ex Dividend Date	Dividend Type	Dividend
30-Jan-2025	INTERIM DIVIDEND	19
11-Oct-2024	INTERIM DIVIDEND	19
02-Aug-2024	INTERIM DIVIDEND	19
15-May-2024	INTERIM DIVIDEND	19
05-Feb-2024	INTERIM DIVIDEND	19
02-Nov-2023	INTERIM DIVIDEND	19
03-Aug-2023	INTERIM DIVIDEND	19
10-May-2023	INTERIM DIVIDEND	19
03-Feb-2023	INTERIM DIVIDEND	19
03-Nov-2022	INTERIM DIVIDEND	13
03-Aug-2022	INTERIM DIVIDEND	13
23-May-2022	INTERIM DIVIDEND	13
07-Feb-2022	INTERIM DIVIDEND	13
03-Nov-2021	INTERIM DIVIDEND	13
09-Aug-2021	INTERIM DIVIDEND	13
18-May-2021	INTERIM DIVIDEND	13