AI Summary
✦ ClarthaCoforge is an IT services company serving global clients across AI, data analytics, intelligent automation, and engineering services. AI and machine-learning platforms, including predictive analytics, model-risk management, and recommendation engines, support growth alongside data migration, cloud engineering, and process consulting. Recent AI-led enthusiasm across Indian IT stocks may accelerate demand, while Coforge’s 35.9% revenue growth and improving margins indicate operating momentum. Profit growth of 91.6% exceeds revenue growth, suggesting margin expansion, though ROE is unavailable for assessment. Debt-to-equity of 7.52 indicates substantial leverage, which can amplify reported returns but increases balance-sheet risk. At 36.4 times earnings, Coforge appears rich relative to typical IT-services valuations and requires sustained AI-driven growth to justify its multiple. The key open question is whether current expansion can continue without leverage constraining future returns.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 35 analysts
Fundamentals
Fundamentals institutional score is 33 using growth durability 33.3.
Valuation
Valuation institutional score is 28 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 44 using mean target upside 5.2%; dispersion penalty 29.3; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 30 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 8 recent ticker-linked news items.
Signal Summary
Market intelligence remains Mixed. Available evidence provides partial support, while fundamentals and valuation remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 28.6% above historical median. Valuation is declining — currently in the strongly overvalued zone (z-score: +1.3). Confidence: 79%.
Live forward EPS implies next-12-month EPS of ₹71.72. Applying the stock's normalized valuation corridor produces a fair range of ₹1,699.76 to ₹2,446.37, with base value near ₹2,027.52 (+12.0% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹71.72
Forward P/E
25.2x
Base Fair Value
₹2,027.52
Fair Range
₹1,699.76 - ₹2,446.37
Upside To Base
+12.0%
Estimate Source
Live forward EPS
Growth Estimate
+30.9%
5Y Average
24.41
Current
36.36
Overvalued
34.11
Undervalued
23.70
5Y Average
2.90
Current
4.40
Overvalued
3.33
Undervalued
2.46
5Y Average
13.89
Current
21.08
Overvalued
17.70
Undervalued
10.17
Peers & Comparison
Sector: Information Technology · Theme: IT Services & Consulting
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
HCL TECHNOLOGIES LTD HCLTECHIT Services & Consulting | +3.0% | 13.0% | 21.1x Undervalued | -53% vs avg | -8.8% |
DR. REDDY S LABORATORIES DRREDDYPharmaceuticals | -5.6% | 10.0% | 29.2x Undervalued | -35% vs avg | -3.9% |
BSE LIMITED BSEStock Exchanges & Ratings | +64.0% | 48.9% | 52.3x Premium | +16% vs avg | +44.3% |
CG POWER AND IND SOL LTD CGPOWERHeavy Electrical Equipments | +14.0% | 9.8% | 111.1x Premium | +147% vs avg | +32.2% |
HINDALCO INDUSTRIES LTD HINDALCOMetals - Aluminium | +32.1% | 5.5% | 14.3x Undervalued | -68% vs avg | +57.5% |
APOLLO HOSPITALS ENTER. L APOLLOHOSPHospitals & Diagnostic Centres | +18.1% | 7.7% | 66.0x Premium | +47% vs avg | +23.2% |
BAJAJ AUTO LIMITED BAJAJ-AUTOTwo Wheelers | +64.0% | 16.3% | 27.7x Undervalued | -38% vs avg | +40.9% |
EICHER MOTORS LTD EICHERMOTTrucks & Buses | +31.5% | 23.2% | 38.0x Undervalued | -16% vs avg | +41.4% |
COFORGE LIMITED trades at a discount (37.1x vs peer avg 45.0x), suggesting potential undervaluation relative to the It Services & Consulting cohort. Peers include HCL TECHNOLOGIES LTD, DR. REDDY S LABORATORIES, BSE LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹3.08K CrJun 2026Latest net profit
₹205 CrJun 2026Latest EPS
₹4.62Jun 2026Net margin
11.0%Jun 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Jun 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,140 | 1,219 | 1,265 | 1,225 | 1,210 | 1,326 | 1,433 | 1,870 | 2,046 | 1,981 | 2,486 | 2,658 | 3,080 |
| Expenses + | 1,072 | 1,109 | 1,092 | 1,066 | 1,136 | 1,218 | 1,346 | 1,672 | 1,863 | 1,797 | 2,213 | 2,397 | 2,729 |
| Operating Profit | 68 | 110 | 173 | 159 | 74 | 108 | 87 | 198 | 183 | 184 | 272 | 261 | 351 |
| OPM % | 6% | 9% | 14% | 13% | 6% | 8% | 6% | 11% | 9% | 9% | 11% | 10% | 11% |
| Other Income + | 197 | 36 | 308 | 218 | 90 | 199 | 109 | 79 | 129 | 266 | -17 | 431 | 73 |
| Interest | 14 | 18 | 19 | 22 | 17 | 5 | 13 | 19 | 17 | 14 | 19 | 20 | 63 |
| Depreciation | 30 | 31 | 32 | 34 | 31 | 38 | 41 | 70 | 75 | 49 | 76 | 83 | 82 |
| Profit before tax | 221 | 97 | 429 | 321 | 115 | 263 | 143 | 187 | 220 | 386 | 160 | 589 | 278 |
| Tax % | 5% | 21% | 4% | 8% | 29% | 13% | 26% | 23% | -63% | 14% | 26% | 6% | 26% |
| Net Profit + | 211 | 77 | 410 | 294 | 81 | 230 | 106 | 144 | 360 | 332 | 118 | 553 | 205 |
| EPS in Rs | 6.91 | 2.49 | 13.28 | 9.51 | 2.43 | 6.88 | 3.17 | 4.32 | 10.76 | 9.93 | 3.53 | 16.46 | 4.62 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).