Coforge Ltd.

NSE: COFORGE | BSE: 532541 | ISIN: INE591G01025 | Industry: IT Consulting & Software
| Mid-range Performer
1613.1000 12.30 (0.77%)
NSE Oct 03, 2025 15:31 PM
Volume: 1.4M
 

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Coforge Ltd.
23 Jul 2019
1613.10
0.77%
Arihant Capital
NIIT Technologies came out with stable set of numbers, mostly in line with our estimates except some one-offs. Consolidated revenue for Q1FY20 came at Rs 9,627mn, broadly in line with our estimate of Rs 9,752mn, registering 16.7% YoY growth, while on QoQ basis in Constant Currency terms, revenue growth excluding GIS business was 4%. Reported EBITDA grew 5.3% YoY to Rs 1,385mn, while EBITDA margin contracted by 155bps YoY to 14.4% against 15.9% YoY due to some one-off expenses. Adjusting for one-offs margin stood at 17.1% against our estimate of 16% for the quarter....
Coforge Ltd. has an average target of 2035.00 from 7 brokers.
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