Coforge Latest Updates

Financial Performance (Q4 FY26) The company reported a substantial year-on-year (YoY) net profit increase of 134%, reaching ₹612.3 crore. Revenue also saw a strong surge, rising 30% YoY to ₹4,450.4 crore. This growth was broad-based across major currencies, with constant currency revenue up 28.7%. Operating margins showed marked improvement, with Q4 EBIT margins hitting a record 16.6%, an expansion of 430 basis points YoY. Strategic Mergers & Acquisitions Coforge officially completed its merger with Cigniti, creating a $2.5 billion AI-native engineering entity. Additionally, the company received RBI approval for an Overseas Direct Investment exceeding $1 billion to fund the acquisition of Encora. These moves are part of a broader strategy to reach a $2 billion revenue target from AI-led engineering and cloud services by FY27. Product Launches and Order Book The firm recently launched two AI-native products for the airline industry: ***** aimed at real-time personalized customer experiences, and ***** designed for automated disruption recovery. The executable order book currently stands at $1.75 billion, representing a 16.4% YoY increase. Management has provided an EBITDA margin guidance of 20.5%–21% for FY27. Corporate and Technical Updates There have been notable changes in senior management, with the resignations of the Head of M&A and the Head of Investor Relations in April 2026. On the technical front, the stock recently staged a recovery from its lows, trading above its 5-day, 20-day, and 50-day moving averages, though it remains below long-term levels like the 200-day SMA. Recent market activity also noted significant block trades and high delivery volumes following the earnings announcement.