Coforge Limited (COFORGE.NS) stock analysis

In our weekly check, Coforge Limited is graded C (A to F). Of 24 checks on debt, profit, cash flow and trend: 14 pass, warnings: 5, red flags: 5.

About Coforge Limited

Coforge Limited is a Technology company (Information Technology Services) based in India, listed on NSE as COFORGE.NS.

What our checks show for COFORGE.NS

Red flags

• The gross margin fell by 12 points, to 24.3%: costs are rising faster than prices.
• Profits not backed by cash
• The stock has fallen as much as 89% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 4.7 years.
• Pay in shares equals 0% of free cash flow: it dilutes shareholders.

Warning signs

• The net margin fell by 0.6 points over 5 years, to 9.7%: the company keeps less of each sale as profit.
• Analysts expect the net margin to shrink by 0.3 points from today's 9.7%.
• The net margin is only 9.7%: little room if costs rise.
• Free cash flow is only 0% of revenue.
• The price swings a lot: 39% annual volatility. Expect large ups and downs.

Strengths

• Net debt is only 1.1x a year of EBITDA: the balance sheet has room.
• Operating profit covers interest 11.4 times over.
• Analysts expect earnings per share to grow about 25.7% a year over the next years.
• Analysts expect revenue to grow about 21.2% a year over the next years.
• Revenue grew 36.4% a year over the last 3 years.
• Earnings per share grew 32% a year over the last 3 years.

Next earnings report: 2027-01-28

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Questions

What grade does Coforge Limited (COFORGE.NS) have?

In our weekly check, Coforge Limited is graded C (A to F). Of 24 checks on debt, profit, cash flow and trend: 14 pass, warnings: 5, red flags: 5. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of COFORGE.NS stock?

This week's biggest flags for Coforge Limited: Gross margin falling, Profits not backed by cash, Deep past fall. In total 10 of 24 checks show a warning or a red flag.

What does Coforge Limited do?

Coforge Limited is a Technology company (Information Technology Services) based in India, listed on NSE as COFORGE.NS.

When does Coforge Limited report earnings next?

The next earnings report is expected on 2027-01-28. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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