Coforge stock gains focus after Q2 growth and higher margin guidance
Published on 11/01/2026 at 00:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGrowth and margin outlook strengthen
- Coforge reported strong second-quarter growth and an EBIT margin of 16.0 percent for the period ended September 30, 2026.
- Management raised full-year FY27 EBIT margin guidance and pointed to further margin expansion in the following year.
- The company signed eight large deals and reported a 45 percent year-over-year increase in its executable order book.
Coforge reported strong second-quarter growth on October 23, 2026, and raised its full-year profitability outlook. In its press release, the company said revenue for the quarter ended September 30 rose 53.6 percent year over year to INR 61,708 million, or USD 652.2 million.
Higher growth meets stronger margins
EBIT increased 67.8 percent year over year to INR 9,847 million, while the EBIT margin reached 16.0 percent. Profit after tax rose 56.5 percent to INR 5,881 million. In US dollar terms, revenue advanced 40.1 percent and EBIT increased 53.0 percent.
Coforge raised its FY27 EBIT margin guidance to 16 percent from 15.5 percent. Chief Executive Officer Sudhir Singh said the company expects the margin to improve to 17 percent in the following year. The company also retained its FY27 EBITDA margin guidance at 20.5 to 21 percent.
Order intake supports forward visibility
The company reported quarterly order intake of USD 1.04 billion and said its executable order book for the next 12 months reached USD 2.38 billion, up 45 percent from a year earlier. Eight large deals were signed during the quarter across North America, Europe and Australia, the highest number in a single quarter according to the company.
Coforge also said it launched Momentuum blue, an operating unit for forward-deployed engineers, introduced the CXNova agentic customer experience platform and expanded its Krakow engineering center in Poland. These initiatives reinforce its focus on AI-enabled delivery and industry-specific technology services.
What Coforge does
Coforge is an AI-native engineering services company serving industries including banking and financial services, travel, healthcare and life sciences, public sector, high technology, telecommunications, media, automotive, energy, retail and hospitality. The company combines AI agents with an AI-enabled workforce and operates across 33 countries with 54 global delivery centers, according to its investor relations profile.
Its business is centered on enterprise technology, cloud foundations, data and AI solutions, and business process services. Coforge's positioning is more specialized around industry expertise and AI engineering than a general software product model, with North America, Europe and Australia identified among its large-deal markets.
Coforge at a glance
- Company: Coforge Limited
- Ticker: COFORGE on the National Stock Exchange of India
- Reporting period: Quarter ended September 30, 2026
- Revenue: INR 61,708 million, up 53.6 percent year over year
- EBIT margin: 16.0 percent
- FY27 EBIT margin guidance: 16 percent
- Next 12-month executable order book: USD 2.38 billion, up 45 percent year over year
For broader Indian market context, investors can follow current reports on the BSE Sensex.
Further company announcements and investor updates are available through Coforge investor relations.
