Coforge Ltd Q1 FY27 Results — Earnings Call Analysis
Published 3 Jul 2026 | IT - Software | Market Cap: ₹55.1K Cr
- FY27 is expected to show significant growth, particularly in the banking vertical, after resolving a client-specific issue in FY26. - FY27 expected to deliver robust revenue growth; management confident of industry-leading growth pace.
From Coforge Ltd's Q4 FY26 earnings-call transcript · updated 3 Jul 2026.
Price
₹1,466
Market Cap
₹55.1K Cr
P/E Ratio
33.5
Revenue Rank
Margin Rank
How does Coforge Ltd rank in IT - Software?
Compare Coforge Ltd against every IT - Software company this quarter on revenue, margins and earnings-call signals.
Coforge Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹4.5K Cr, net profit ₹666 Cr.
Full financials →📊 Revenue & Sales Performance
Rank 2- →FY27 is expected to show significant growth, particularly in the banking vertical, after resolving a client-specific issue in FY26.
- →Overall revenue growth for FY26 was 29.2% in USD terms, with robust contributions across key verticals like healthcare (98%), travel (62%), BFS (12%), government outside India (17.5%), and emerging verticals (27%).
- →Strong order book and framework agreements, including a signed $150 million UK public sector deal with expected $4-6 million quarterly revenue starting Q1 FY27.
- →Confident of delivering industry-leading growth in FY27 despite challenging environment.
- →Top 10 clients grew 40.4%, with diversified industry exposure across BFS, travel, insurance, and public sector.
- →Confident about broad-based growth across travel, healthcare, banking, insurance, public sector, and new high-tech verticals.
- →Focus on AI-driven modernization and agentic deployment waves seen as drivers for sustained revenue expansion.
See what Coforge Ltd said on profitability & margins — free account, 30 seconds.
🏗️ Capital Expenditure Plans
Yes- →A positive cash inflow in capex was reported due to the sale of assets related to the AI-led data center built in Q1, which were bought back by the client, leading to immediate inflow during the quarter (Page 24).
- →Coforge is investing in AI transformations, including building pipeline momentum in AI across top verticals, expanding the AI client base, scaling vertical agent workflows (banking, insurance, airlines), and investing in talent upskilling 100% workforce in AI (Page 14).
- →Focus on automation and AI-led interventions has enabled holding G&A costs constant, indicating ongoing strategic investments in these areas (Page 16).
- →Coforge plans to continue investing in specialized workforce, including growing a pool of Full-Stack Data Engineers (FDEs) to support AI initiatives (Page 14, 18).
- →No explicit mention of large future capex projects, but structural investments related to AI, modernization, and talent development are ongoing.
See what Coforge Ltd said on fundraising & capital structure — free account, 30 seconds.
📋 Order Book & Pipeline
Yes- →Executable order book stands at a record **$1.75 billion**, which is **16.4% higher** than the same time last year. (Page 6)
- →This order book reflects locked orders over the next 12 months. (Page 6)
- →There are **framework agreements signed** that are nearly assured revenue streams for FY27 and beyond, **not included** in the $1.75 billion executable order book. (Pages 6, 21, 17)
- →A recent framework deal signed is valued at **$150 million total contract value (TCV) over five years**. (Pages 22, 23)
- →Expected revenue run rate from this framework deal is **around $4 million to $6 million per quarter starting Q1 FY27**. (Pages 22, 23)
- →Multiple Statement of Work (SOWs) or TSRs are expected against this awarded framework. (Page 21)
Key Metrics
Revenue
Margin
Capex
Fundraise
Order Book
Continue your research
What Coforge Ltd's management said in earlier quarters
Others in IT - Software this season
- Rategain Travel Technologies Ltd (Q4 FY26)
They are experiencing almost 200% growth in this order book segment. Key concall takeaways from Rategain Travel Technologies Ltd's Q4 FY26 earnings call — and…
- Hexaware Technologies Ltd (Q4 FY26)
Growth floor reaffirmed at 7.6% for the year. Key concall takeaways from Hexaware Technologies Ltd's Q4 FY26 earnings call — and how it ranks against sector…
- Aurionpro Sol. (Q4 FY26)
Aurionpro Solutions Limited entered FY27 with an order book exceeding INR 1800 crores. Key concall takeaways from Aurionpro Solutions Ltd's Q4 FY26 earnings…
- Fractal Analyt. (Q4 FY26)
Fractal Analytics achieved 19% revenue growth in FY2026 despite industry challenges. Key concall takeaways from Fractal Analytics Ltd's Q4 FY26 earnings call…
Frequently Asked Questions
What were Coforge Ltd Q1 FY27 results?
- FY27 is expected to show significant growth, particularly in the banking vertical, after resolving a client-specific issue in FY26. - FY27 expected to deliver robust revenue growth; management confident of industry-leading growth pace.
What is Coforge Ltd share price analysis?
Coforge Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 33.5 with a market cap of ₹55,085. Investors should review the full earnings analysis for detailed insights.
Is Coforge Ltd planning capital expenditure?
- A positive cash inflow in capex was reported due to the sale of assets related to the AI-led data center built in Q1, which were bought back by the client, leading to immediate inflow during the quarter (Page 24).
Keep Coforge Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.