Coforge Overview

  • Year Founded
  • 1981

Year Founded

  • Status
  • Public

  • Employees
  • 14,463

Employees

  • Stock Symbol
  • 532541

Stock Symbol

  • Investments
  • 12

  • Share Price
  • $88.70
  • (As of Monday Closing)

Coforge General Information

Description

Coforge Ltd provides a variety of information technology services. The firm's services include infrastructure management, business processes outsourcing, application and network testing, systems integration IP asset-based solutions, application development and maintenance, managed services, cloud computing, and digital services among others. The company's customers typically operate in the travel and transportation, banking and financial services, insurance, manufacturing, and media industries. The geographical segments of the company include the Americas, India, Europe, Middle East and Africa, and Asia Pacific. It generates maximum revenue from the Americas.

Contact Information

Website
www.coforge.com
Formerly Known As
NIIT Technologies
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Corporate Office
  • SEZ Developer Unit, Plot No. TZ-2 & 2A
  • Sector Tech Zone
  • Greater Noida, Uttar Pradesh 201308
  • India
+91 011
Primary Industry
IT Consulting and Outsourcing
Other Industries
Systems and Information Management
Stock Exchange
BOM
Vertical(s)
Big Data, Artificial Intelligence & Machine Learning
Corporate Office
  • SEZ Developer Unit, Plot No. TZ-2 & 2A
  • Sector Tech Zone
  • Greater Noida, Uttar Pradesh 201308
  • India
+91 011

Coforge Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Coforge Stock Performance

As of 17-Feb-2025, Coforge’s stock price is $88.70. Its current market cap is $5.93B with 66.9M shares.

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$88.70 $89.88 $51.41 - $117.30 $5.93B 66.9M 11.4K $1.43

Coforge Financials Summary

As of 31-Dec-2024, Coforge has a trailing 12-month revenue of $1.33B.

In Thousands,
USD
TTM 31-Dec-2024 FY 2024 31-Mar-2024 FY 2023 31-Mar-2023 FY 2022 31-Mar-2022
EV 7,680,758 4,189,564 2,870,160 3,616,500
Revenue 1,331,294 1,108,764 998,109 863,268
EBITDA 199,064 176,129 158,261 152,817
Net Income 92,571 97,601 86,403 88,810
Total Assets 732,395 692,245 653,371
Total Debt 0 87,057 68,477 64,567
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Coforge Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Coforge Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Coforge Ltd provides a variety of information technology services. The firm's services include infrastructure management
IT Consulting and Outsourcing
Greater Noida, India
14,463 As of 2024

Bengaluru, India
 

Mumbai, India
 
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Coforge Competitors (91)

One of Coforge’s 91 competitors is Mindteck (India), a Corporation company based in Bengaluru, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Mindteck (India) Corporation Bengaluru, India
Tech Mahindra Corporate Backed or Acquired Mumbai, India
NTT Data Group Corporation Tokyo, Japan
Xoriant Private Equity-Backed Sunnyvale, CA
Fujitsu Corporation Tokyo, Japan
You’re viewing 5 of 91 competitors. Get the full list »

Coforge Patents

Coforge Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20200272559-A1 Enhancing efficiency in regression testing of software applications Inactive 26-Feb-2019
US-20220044215-A1 Consumer controlled sharing of details of retail transactions Inactive 11-Sep-2018
US-20190058582-A1 Accessing blockchain data from applications Inactive 21-Aug-2017
US-20180165179-A1 Determining incompatibilities of automated test cases with modified user interfaces Inactive 14-Dec-2016
US-10187287-B2 Estimating effort required for testing web services deployed in an enterprise system Active 29-Sep-2016 H04L43/50
To view Coforge’s complete patent history, request access »

Coforge Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Coforge Investments & Acquisitions (12)

Coforge’s most recent deal was a Merger/Acquisition with Xceltrait for . The deal was made on 23-Jan-2025.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Xceltrait 23-Jan-2025 Merger/Acquisition IT Consulting and Outsourcing
Cigniti 30-Jun-2024 Secondary Transaction - Open Market IT Consulting and Outsourcing
Cigniti 02-May-2024 Merger/Acquisition IT Consulting and Outsourcing
Coforge Business Process Solutions 22-Jun-2023 Secondary Transaction - Private BPO/Outsource Services
Coforge Business Process Solutions 28-Apr-2021 Merger/Acquisition BPO/Outsource Services
You’re viewing 5 of 12 investments and acquisitions. Get the full list »

Coforge ESG

Risk Overview

Risk Rating

Updated January, 18, 2025

21.27 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,120

Rank

Percentile

Software & Services

Industry

of 962

Rank

Percentile

Enterprise and Infrastructure Software

Subindustry

of 379

Rank

Percentile

To view Coforge’s complete esg history, request access »

Coforge Exits (2)

Coforge’s most recent exit was on 14-Feb-2013 from Esri India Technologies. The exit was categorized as with 2 buyers.

Company Name Exit Date Exit Type Exit Size Status Buyers
Esri India Technologies 14-Feb-2013 Completed
  • 2 buyers
NIIT Media Technologies 13-Jul-2011 Joint Venture Completed
  • 2 buyers
To view Coforge’s complete exits history, request access »

Coforge FAQs

  • When was Coforge founded?

    Coforge was founded in 1981.

  • Where is Coforge headquartered?

    Coforge is headquartered in Greater Noida, India.

  • What is the size of Coforge?

    Coforge has 14,463 total employees.

  • What industry is Coforge in?

    Coforge’s primary industry is IT Consulting and Outsourcing.

  • Is Coforge a private or public company?

    Coforge is a Public company.

  • What is Coforge’s stock symbol?

    The ticker symbol for Coforge is 532541.

  • What is the current stock price of Coforge?

    As of 17-Feb-2025 the stock price of Coforge is $88.70.

  • What is the current market cap of Coforge?

    The current market capitalization of Coforge is $5.93B.

  • What is Coforge’s current revenue?

    The trailing twelve month revenue for Coforge is $1.33B.

  • Who are Coforge’s competitors?

    Mindteck (India), Tech Mahindra, NTT Data Group, Xoriant, and Fujitsu are some of the 91 competitors of Coforge.

  • What is Coforge’s annual earnings per share (EPS)?

    Coforge’s EPS for 12 months was $1.43.

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