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18th Jun · SEBI-Registered Analyst

Coforge Latest Updates

$COFORGE Q4 FY26 Financial Metrics: For the final quarter ended March 31, 2026, Coforge reported a massive 145% sequential (QoQ) surge in consolidated net profit, reaching ₹615 crore compared to ₹250 crore in the previous quarter. Revenue from operations grew 5% sequentially and expanded 30% year-on-year in rupee terms to hit ₹4,450 crore. Operational Margin Expansion: Core quarterly operating profit (EBITDA) rose 21% sequentially to reach ₹876 crore. Driven by execution efficiencies and better cost management, the quarterly EBITDA margin expanded to 19.6% from 17.1% in the preceding quarter, while full-year EBIT margins widened by 370 basis points to close at 14.4%. Robust Deal Pipeline and Workforce: Coforge secured an order intake worth $648 million during Q4, including 5 large deal wins. Its executable order book for the next 12 months scaled 16.4% year-on-year to reach $1.75 billion. Headcount stood at 35,777 following 436 net additions in Q4, while trailing 12-month attrition stabilized down to 10.8%. Ambitious FY30 Revenue Target Roadmap: During its Investor Day 2026 briefings on June 16, management outlined a long-term strategy targeting an overall revenue milestone of $5 billion by FY30. This framework includes an organic target of $4.3 billion (representing a 15% organic CAGR from FY26) alongside looking for strategic acquisitions. AI Positioning and Product Piloting: Management expects Artificial Intelligence to act as a major net growth tailwind, forecasting a 25–35% increase in client IT outsourcing spending specifically for custom agentic and cloud solutions. The IT major has shifted towards an AI-native delivery model, successfully transitioning more than 75% of its internal AI pilots directly into commercial client production.

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