COFORGE

Coforge, an IT midcap, truly stands out in what many perceive as a challenging sector. Its Q2 performance was nothing short of exceptional, with revenue climbing 31% year-on-year and profit soaring by 86%, demonstrating remarkable operational leverage. New order wins, at approximately ₹4,317 crore, even surpassed the quarter's total revenue, painting a picture of an exceptionally strong pipeline. Crucially, the "executable order book" for the next 12 months expanded by nearly 27% annually, ensuring solid near-term revenue visibility. Further reinforcing its position, Coforge boasts low attrition at 11.4%, well below industry norms, and has secured 10 large deals in H1 FY26 alone, including five in Q2 across key geographies like North America and Asia-Pacific. This signals powerful deal-winning momentum and stable talent. Opinion: For investors, these metrics collectively present a compelling narrative. Coforge appears to be firing on all cylinders, suggesting significant upside potential in a sector often facing headwinds. This is unequivocally good news.