Coforge Limited

Provides wholesale trade services for computer and packaged software.

1992 | Delhi (India) | Active
Last Updated: December 21, 2024

Coforge Profile

Key Indicators

  • Authorised Capital ₹ 77.00 Cr
  • Paid Up Capital ₹ 66.86 Cr
  • Company Age 32 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 831.10 Cr
  • Satisfied Charges ₹ 215.93 Cr
  • Revenue Growth 16.40%
  • Profit Growth 35.40%
  • Ebitda 12.15%
  • Net Worth 26.65%
  • Total Assets 18.71%

About Coforge

Coforge Limited (CL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 May 1992 and has a history of 32 years and eight months. Its registered office is in Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532541 and on the National Stock Exchange(NSE) under COFORGE.

The Corporate was formerly known as Niit Investments Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 77.00 Cr and a paid-up capital of Rs 66.86 Cr.

The company currently has active open charges totaling ₹831.10 Cr. The company has closed loans amounting to ₹215.93 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Coforge Limited India are Saurabh Goel as Cfo, Sudhir Singh as Ceo, and Barkha Sharma as Company Secretary. Anil Chanana, Om Bhatt, Sudhir Singh, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L72100DL1992PLC048753

  • Company No.

    048753

  • Stock Symbol

    BSE : 532541 NSE : COFORGE

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 May 1992

  • Date of AGM

    23 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Information Technology

What products or services does Coforge Limited offer?

Coforge Limited offers a wide range of products and services, including Logistics Service, Application Development Service, Application Management Service, Manpower Service, Staffing Service, Web Applications Services, Web Application Development, Data Entry & Data Processing Service, Data Management, Computer & Mobile Apps Development.

Who are the key members and board of directors at Coforge?

Executive Team (3)

NameDesignationAppointment DateStatus
Sudhir Singh Country flag representing Us CEO23-Jul-2020Current
Saurabh Goel CFO02-Feb-2024Current
Barkha Sharma Country flag representing In Company Secretary01-Aug-2021Current

Board Members (6)

NameDesignationAppointment DateStatus
Sudhir Singh Country flag representing Us Whole-Time Director and Ceo 29-Jan-2020Current
Om Bhatt Country flag representing In Director 01-May-2024Current
Anil Chanana Country flag representing In Director 20-Jan-2024Current
Gautam Samanta Country flag representing Gb Whole-Time Director 02-May-2024Current
Durgesh Singh Country flag representing Us Director 12-Feb-2024Current
Mary Boucher Country flag representing Us Director 07-May-2022Current

Financial Performance of Coforge.

Coforge Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 16.4% increase. The company also saw a substantial improvement in profitability, with a 35.4% increase in profit. The company's net worth Soared by an impressive increase of 26.65%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
16.40%
Revenue from Operations
14.62%
Total Assets
18.71%
Profit or Loss
35.40%
Net Worth
26.65%
EBITDA
12.15%

What is the Ownership and Shareholding Structure of Coforge?

In 2020, Coforge had a promoter holding of 70.10% and a public holding of 29.89%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹831.10 Cr

Satisfied Charges

₹215.93 Cr

Charges Breakdown by Lending Institutions

  • Others : 447.95 Cr
  • Indian Overseas Bank : 125.00 Cr
  • Hdfc Bank Limited : 122.00 Cr
  • Citi Bank N.A. : 67.50 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 67.50 Cr
  • Others : 1.15 Cr

Latest Charge Details

DateLenderAmountStatus
06 Sep 2023Others₹90.00 CrOpen
11 Jul 2023Hdfc Bank Limited₹122.00 CrOpen
26 May 2023The Hongkong And Shanghai Banking Corporation Limited₹67.50 CrOpen
25 Jan 2022Citi Bank N.A.₹67.50 CrOpen
12 Apr 2018Others₹1.73 MOpen

How Many Employees Work at Coforge?

Coforge has a workforce of 12395 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Coforge, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Coforge's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Coforge

Recent activity within the organization

  • Charges

    A charge with Indian Overseas Bank of Rs. 125.00 Cr registered on 16 Feb 2005 with Charge ID 90051316 was modified on 17 Oct 2024.

    17 Oct 2024

  • Charges

    A charge registered on 24 Dec 2016 via Charge ID 100072548 with Others was fully satisfied on 04 Sep 2024.

    04 Sep 2024

  • Annual General Meeting

    Coforge Limited last Annual general meeting of members was held on 23 Aug 2024 as per latest MCA records.

    23 Aug 2024

  • Charges

    A charge registered on 11 Apr 2017 via Charge ID 100091518 with Others was fully satisfied on 26 Jun 2024.

    26 Jun 2024

  • Charges

    A charge registered on 27 Mar 2016 via Charge ID 100018618 with Others was fully satisfied on 11 Jun 2024.

    11 Jun 2024

  • Charges

    A charge with Others of Rs. 355.00 Cr registered on 04 Feb 2005 with Charge ID 90051287 was modified on 02 May 2024.

    02 May 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Coforge Limited was incorporated on 13 May 1992.

  • The authorized share capital of Coforge Limited is ₹ 77.00 Cr and paid-up capital is ₹ 66.86 Cr.

  • Currently 9 directors are associated with Coforge Limited.

    • Saurabh Goel
    • Anil Kumar Chanana
    • Om Prakash Bhatt
    • Sudhir Singh
    • Gautam Samanta
    • Durgesh Kumar Singh
    • Sudhir Singh
    • Barkha Sharma
    • Mary Beth Boucher
  • As per Ministry of Corporate Affairs (Mca), the registered address of Coforge Limited is 8 Balaji Estate Third Floor Guru Ravi Das Marg Kalkaji, India, New Delhi, 110019.

  • The corporate identification number (CIN) of Coforge Limited is L72100DL1992PLC048753 and the company number is 048753 as per Ministry of Corporate Affairs (MCA).

  • Yes, Coforge Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): COFORGE.

  • The Official website of Coforge Limited is https://www.coforgetech.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Coforge Limited has risen by 16.40%.

  • As Per 2024 financial reports, 12395 employees are currently employed by Coforge Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Coforge Limited has experienced an upsurge of 26.65%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Coforge Limited amount to ₹ 831.10 Cr.

  • The most recent Balance Sheet for Coforge Limited was filed with the ROC on 31 Mar 2024.

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