Coforge Ltd.

NSE: COFORGE BSE: 532541 SECTOR: IT - Software

4723.4
+5.85 (0.12%)
NSE: Today, 03:58 PM

Price Summary

Today's High

₹ 4759

Today's Low

₹ 4685

52 Week High

₹ 4767.3

52 Week Low

₹ 1725.25

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

Company Essentials

Market Cap

28623.5 Cr.

Enterprise Value

28222.2 Cr.

No. of Shares

6.06 Cr.

P/E

119.31

P/B

16.33

Face Value

₹ 10

Div. Yield

0.27%

Book Value (TTM)

₹  289.24

CASH

402.3 Cr.

DEBT

1 Cr.

Promoter Holding

55.73%

EPS (TTM)

₹  39.59

Sales Growth

8.13%

ROE

12.9 %

ROCE

15.27 %

Profit Growth

-43.22 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Ratios

Sales Growth

1 Year8.13%
3 Year13.59%
5 Year10.2%

Profit Growth

1 Year-43.22%
3 Year1.98%
5 Year4.59%

ROE%

1 Year12.9%
3 Year18.36%
5 Year16.86%

ROCE %

1 Year15.27%
3 Year21.81%
5 Year20.12%

Debt/Equity

0.0006

Price to Cash Flow

59.02

Interest Cover Ratio

49.8620689655172

CFO/PAT (5 Yr. Avg.)

0.998890942698706

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2021 55.73 0
Mar 2021 63.99 0
Dec 2020 63.99 0
Sep 2020 70.28 0
Jun 2020 70.32 0
* Figures given above are % of equity capital

 Strengths

  • The Company is Virtually Debt Free.
  • The company has effective cash conversion ratio of 202.167569820759.

 Limitations

  • The company has delivered poor profit growth of 1.97942270124609% over past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
Net Sales 558.1 576.5 608.4 612.3 615.2
Total Expenditure 491.4 506.7 533 534.1 558.8
Operating Profit 66.7 69.8 75.4 78.2 56.4
Other Income 83.2 78.1 4.8 7 15.7
Interest 2.4 1.3 1.9 1.6 1
Depreciation 22.4 23.6 24.5 24.3 23.8
Exceptional Items 0 0 0 0 0
Profit Before Tax 125.1 123 53.8 59.3 47.3
Tax 7.7 14.6 9.2 10.3 9.4
Profit After Tax 117.4 108.4 44.6 49 37.9
Adjusted EPS (Rs) 18.78 17.92 7.36 8.09 6.25

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Net Sales 1595.1 1645.9 1999.2 2231 2412.4
Total Expenditure 1315.5 1396 1699.5 1930.3 2132.6
Operating Profit 279.6 249.9 299.7 300.7 279.8
Other Income 33.8 115.7 154.2 284.6 105.6
Interest 3.6 7 5.4 7.8 5.8
Depreciation 90.9 82.5 78.1 90.2 96.2
Exceptional Items -22.1 0 0 0 0
Profit Before Tax 196.8 276.1 370.4 487.3 283.4
Provision for Tax 31.9 49.9 71.4 64.8 43.5
Net Profit 164.9 226.2 299 422.5 239.9
Adjusted EPS (Rs.) 26.86 36.78 48.38 67.6 39.59

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 61.4 61.5 61.8 62.5 60.6
Total Reserves 1278 1412.4 1642.1 1912.6 1744.5
Borrowings 21 17.4 9.7 4.5 0.3
Other N/C liabilities -2.7 -19.7 -34.5 -36.4 -36.2
Current liabilities 524.9 608 684.7 848.8 969.2
Total Liabilities 1882.6 2079.6 2363.8 2792 2738.4
Assets
Net Block 494.1 464 426.5 412 382.7
Capital WIP 0 0.7 1.4 0.3 0.2
Intangible WIP 0 0 0 0 0
Investments 345.8 445.5 580.8 825.5 842.4
Loans & Advances 12.8 11.7 11.2 22 42.8
Other N/C Assets 19.1 20.9 14.1 16.9 26
Current Assets 1010.8 1136.8 1329.8 1515.3 1444.3
Total Assets 1882.6 2079.6 2363.8 2792 2738.4
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Profit from operations 218.9 276.1 370.4 487.3 283.4
Adjustment 77.2 -5.1 -51.3 -139.2 78.3
Changes in Assets & Liabilities 22.9 -8.8 -85.2 -48.7 198.7
Tax Paid -57.3 -59.9 -37.7 -71.5 -75.4
Operating Cash Flow 239.6 202.3 196.2 227.9 485
Investing Cash Flow -221.7 -118.8 -46.4 206 -4.2
Financing Cash Flow -64.8 -74.9 -103.3 -132.8 -494
Net Cash Flow -46.9 8.6 46.5 301.1 -13.2

Corporate Actions

Investors Details

PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Promoters 70.32 70.28 63.99 63.99 55.73
hulst b.v. 70.32 0 0 0 55.73
hulst b.v 0 70.28 63.99 0 0
hulst bv 0 0 0 63.99 0
PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Public 9.3 8.99 9.36 9.54 9.92
akm systems pvt ltd 1.21 1.21 0 0 0
akm systems pvt ltd 1.21 1.21 0 0 0
akm systems private limit... 0 0 1.21 1.21 1.21
akm systems private limit... 0 0 1.21 1.21 1.21
PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
FII/DII 20.38 20.74 26.65 26.47 34.35
life insurance corporatio... 0 0 0 0 1.57
pear tree polaris foreign... 1.04 1.04 0 0 0
hdfc trustee company ltd.... 0 0 0 0 0
axis mutual fund a/c axis... 0 0 0 0 0
smallcap world fund, inc 2.24 2.25 1.97 1.97 2.14
abu dhabi investment auth... 1.1 1.1 1.59 1.6 1.77
axis mutual fund trustee ... 2.1 2.39 2.25 2.59 1.01
hdfc small cap fund 2.57 2.53 2.33 0 0
aditya birla sun life tru... 0 0 1.51 1.19 0
hdfc small cap fund 2.57 2.53 2.33 0 0
mirae asset emerging blue... 0 0 1.37 1.31 0
ashoka india opportunitie... 0 0 0 1.28 1.5
hdfc trustee company ltd ... 0 0 0 1.24 5.32
icici prudential technolo... 0 0 0 0 1.14

Company News

Coforge board to consider audited financial results21 Jul 2021, 5:11PM Coforge informs about certificate16 Jul 2021, 10:33AM Coforge gets nod to raise up to Rs 375 crore through various instruments6 Jul 2021, 12:14PM Coforge informs about disclosure2 Jul 2021, 3:08PM Coforge planning to raise funds2 Jul 2021, 11:36AM Coforge informs about press release25 Jun 2021, 12:39PM Coforge informs about annual secretarial compliance report23 Jun 2021, 3:46PM Coforge partners with Eclypses to offer new solution for data endpoint vulnerabilities8 Jun 2021, 2:33PM Coforge certified as great place to work institute26 May 2021, 2:46PM Coforge informs about disclosure12 May 2021, 4:38PM Coforge informs about newspaper publication7 May 2021, 2:16PM Coforge reports 17% rise in Q4 consolidated net profit6 May 2021, 12:11PM Coforge informs about board meeting29 Apr 2021, 10:12AM Coforge acquires 60% stake in SLK Global Solutions29 Apr 2021, 9:25AM Coforge raises Rs 340 crore through bonds27 Apr 2021, 10:47AM Coforge informs about newspaper publication24 Apr 2021, 4:29PM Coforge informs about outcome of bard meeting17 Apr 2021, 12:47PM Coforge gets nod to raise Rs 340 crore through bonds17 Apr 2021, 10:00AM Coforge to acquire controlling-stake in SLK Global 12 Apr 2021, 2:42PM Coforge planning to raise funds by way of issuance of non-convertible bonds12 Apr 2021, 2:09PM Coforge informs about disclosure9 Feb 2021, 4:48PM Hulst B V sells shares worth over Rs 878 crore of Coforge27 Oct 2020, 2:04PM NIIT Technologies targeting to become $1 billion company 24 Aug 2020, 4:30PM NIIT Technologies reports 9% fall in Q1 consolidated net profit30 Jul 2020, 9:38AM NIIT Technologies informs about newspaper publication22 Jul 2020, 4:21PM

Coforge Stock Price Analysis and Quick Research Report. Is Coforge an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Coforge has a PE ratio of 119.166462479697 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Coforge has ROA of 8.67568349486475 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Coforge has a Current ratio of 1.49019810152703 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Coforge has a ROE of 12.8992364770405 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Coforge has a D/E ratio of 0.0006 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Coforge has reported revenue growth of 8.13088301210218 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Coforge for the current financial year is 11.5984082241751 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Coforge is Rs 13 and the yield is 0.2744 %.

Brief about Coforge

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