{"id":66185,"date":"2026-04-01T13:44:26","date_gmt":"2026-04-01T08:14:26","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=66185"},"modified":"2026-04-01T13:44:29","modified_gmt":"2026-04-01T08:14:29","slug":"coforge-q4-results-date-preview","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/","title":{"rendered":"Coforge Q4 Results 2026: Date, Revenue, PAT &#038; Analyst Outlook"},"content":{"rendered":"<p>Coforge Q4 Results FY26 \u2014 Board meeting on April 22, 2026 (Expected)<\/p><p>The Coforge Q4 results 2026 is set to be one of the most closely watched earnings events of the April-May 2026 results season. With results scheduled for April 22, 2026 (Expected), investors and analysts across brokerages are building their expectations around revenue, PAT, margin trajectory, and what management will say about FY27.<\/p><p>Coforge enters Q4 FY26 at a CMP of ~Rs. 7,800, against a 52-week high of Rs. 9,800 and a 52-week low of Rs. 5,820. The one-year return stands at +8%, making this quarter&#8217;s result and guidance commentary particularly important for investors deciding whether to hold, add, or exit.<\/p><p>This article covers the Coforge Q4 results 2026 date, earnings estimates, key factors driving performance, five risks to watch, analyst ratings and price targets, and a full set of FAQs around what investors are searching for ahead of the announcement.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#Coforge_Q4_Results_2026_Date\" title=\"Coforge Q4 Results 2026 Date\">Coforge Q4 Results 2026 Date<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#Why_This_Quarter_Matters\" title=\"Why This Quarter Matters\">Why This Quarter Matters<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#Coforge_Q4_FY26_Earnings_Estimates\" title=\"Coforge Q4 FY26 Earnings Estimates\">Coforge Q4 FY26 Earnings Estimates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#5_Key_Factors_That_Will_Drive_Coforge_Q4_FY26_Performance\" title=\"5 Key Factors That Will Drive Coforge Q4 FY26 Performance\">5 Key Factors That Will Drive Coforge Q4 FY26 Performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#EBIT_Margin_Expansion_%E2%80%94_MOFSL_Top_Pick\" title=\"EBIT Margin Expansion \u2014 MOFSL Top Pick\">EBIT Margin Expansion \u2014 MOFSL Top Pick<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#BFS_and_Travel_Vertical_Momentum\" title=\"BFS and Travel Vertical Momentum\">BFS and Travel Vertical Momentum<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#Strong_Executable_Order_Book\" title=\"Strong Executable Order Book\">Strong Executable Order Book<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#Multi-Vertical_Deal_Momentum\" title=\"Multi-Vertical Deal Momentum\">Multi-Vertical Deal Momentum<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#Margin_Recovery_After_Wage_Hike_Absorption\" title=\"Margin Recovery After Wage Hike Absorption\">Margin Recovery After Wage Hike Absorption<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#5_Risks_to_Watch_in_Coforge_Q4_FY26\" title=\"5 Risks to Watch in Coforge Q4 FY26\">5 Risks to Watch in Coforge Q4 FY26<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#Small_Scale_Limits_Pricing_Power\" title=\"Small Scale Limits Pricing Power\">Small Scale Limits Pricing Power<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#Revenue_Concentration_in_BFS_and_Travel\" title=\"Revenue Concentration in BFS and Travel\">Revenue Concentration in BFS and Travel<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#Integration_of_CIGNEX_Datamatics_and_Other_Acquisitions\" title=\"Integration of CIGNEX Datamatics and Other Acquisitions\">Integration of CIGNEX Datamatics and Other Acquisitions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#Attrition_in_Specialised_Verticals\" title=\"Attrition in Specialised Verticals\">Attrition in Specialised Verticals<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#Premium_Valuation_Despite_Small_Scale\" title=\"Premium Valuation Despite Small Scale\">Premium Valuation Despite Small Scale<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#Coforge_Share_Price_and_Analyst_Ratings\" title=\"Coforge Share Price and Analyst Ratings\">Coforge Share Price and Analyst Ratings<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#What_is_the_Coforge_Q4_results_2026_date\" title=\"What is the Coforge Q4 results 2026 date?\">What is the Coforge Q4 results 2026 date?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#What_is_the_Coforge_Q4_FY26_PAT_estimate\" title=\"What is the Coforge Q4 FY26 PAT estimate?\">What is the Coforge Q4 FY26 PAT estimate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#What_is_Coforges_current_share_price_ahead_of_Q4_results\" title=\"What is Coforge&#8217;s current share price ahead of Q4 results?\">What is Coforge&#8217;s current share price ahead of Q4 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#Will_Coforge_declare_a_dividend_in_Q4_2026\" title=\"Will Coforge declare a dividend in Q4 2026?\">Will Coforge declare a dividend in Q4 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#Which_analysts_have_a_Buy_rating_on_Coforge_before_Q4_results\" title=\"Which analysts have a Buy rating on Coforge before Q4 results?\">Which analysts have a Buy rating on Coforge before Q4 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#What_were_Coforge_Q3_FY26_results\" title=\"What were Coforge Q3 FY26 results?\">What were Coforge Q3 FY26 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#When_do_Infosys_and_TCS_announce_Q4_results_2026\" title=\"When do Infosys and TCS announce Q4 results 2026?\">When do Infosys and TCS announce Q4 results 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#Is_Coforge_a_good_investment_ahead_of_Q4_results\" title=\"Is Coforge a good investment ahead of Q4 results?\">Is Coforge a good investment ahead of Q4 results?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/coforge-q4-results-date-preview\/#Recent_Articles\" title=\"Recent Articles\">Recent Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Coforge_Q4_Results_2026_Date\"><\/span><strong>Coforge Q4 Results 2026 Date<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Get free investment predictions and live Q4 result alerts on <a href=\"https:\/\/univest.in\/user\/log-in\">Univest<\/a>.<\/p><p>The Coforge Q4 FY26 results date is April 22, 2026 (Expected). The board of directors will meet to approve the audited financial statements for the quarter and full financial year ended March 31, 2026. The board will also consider recommending a dividend for FY26 shareholders, subject to approval at the upcoming Annual General Meeting.<\/p><p>Here is how the broader Q4 FY26 earnings calendar looks for large-cap Indian companies in April\u2013May 2026:<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Company<\/strong><\/td><td><strong>Q4 FY26 Results Date<\/strong><\/td><\/tr><tr><td>TCS<\/td><td><a href=\"https:\/\/univest.in\/blogs\/tcs-q4-results-2026-date-preview\">April 9, 2026<\/a><\/td><\/tr><tr><td>HDFC Bank \/ ICICI Bank<\/td><td>April 18, 2026<\/td><\/tr><tr><td>HCL Technologies<\/td><td>April 21, 2026<\/td><\/tr><tr><td>Infosys<\/td><td>April 23, 2026<\/td><\/tr><tr><td>Coforge<\/td><td>April 22, 2026 (Expected)<\/td><\/tr><\/tbody><\/table><\/figure><p>Source: BSE\/NSE exchange filings, April 2026. Expected dates may change. Verify before relying.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_This_Quarter_Matters\"><\/span><strong>Why This Quarter Matters<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Every quarterly result tells a story, but Coforge Q4 FY26 carries more weight than a routine earnings print. Coforge Q4 FY26 is expected to be the most visually impressive quarter for the company in FY26 \u2014 EBIT margin expansion of 160 basis points, revenue growth of 3\u20135% QoQ, and PAT recovery to Rs.<\/p><p>The market is also watching closely because Q4 is the full-year wrap-up quarter \u2014 meaning the annual results, dividend recommendation, and FY27 outlook commentary all arrive on the same date. Management tone on demand environment, pricing, and deal pipeline will shape investor expectations for the next 6\u201312 months, not just the next quarter.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Coforge_Q4_FY26_Earnings_Estimates\"><\/span><strong>Coforge Q4 FY26 Earnings Estimates<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"931\" height=\"486\" src=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/01132657\/image-21.jpeg\" alt=\"Coforge Q4 FY26 Earnings Estimates\" class=\"wp-image-66188\" srcset=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/01132657\/image-21.jpeg 931w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/01132657\/image-21-300x157.jpeg 300w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/01132657\/image-21-768x401.jpeg 768w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/01132657\/image-21-900x470.jpeg 900w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/01132657\/image-21-600x313.jpeg 600w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/01132657\/image-21-150x78.jpeg 150w\" sizes=\"(max-width: 931px) 100vw, 931px\" \/><\/figure><p>Coforge Q4 FY26 \u2014 Revenue, PAT, margin and growth estimates from leading brokerages<\/p><p>Access premium research pieces and stock recommendations on <a href=\"https:\/\/univest.in\/user\/log-in\">Univest<\/a>.<\/p><p>Here is what leading brokerages are estimating for Coforge Q4 FY26 results:<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Metric<\/strong><\/td><td><strong>Q3 FY26 (Actual)<\/strong><\/td><td><strong>Q4 FY26 (Estimate)<\/strong><\/td><\/tr><tr><td>Revenue (Rs. Cr)<\/td><td>3,321<\/td><td>Rs. 3,500 \u2013 3,750<\/td><\/tr><tr><td>Net Profit \/ PAT (Rs. Cr)<\/td><td>221<\/td><td>Rs. 260 \u2013 320<\/td><\/tr><tr><td>Margin<\/td><td>EBIT 13.4%<\/td><td>EBIT ~15.0% (expansion of ~160 bps QoQ)<\/td><\/tr><tr><td>CC \/ Volume Growth<\/td><td>Prior quarter<\/td><td>+3\u20135% QoQ (est.)<\/td><\/tr><tr><td>Dividend (FY26)<\/td><td>Rs. 19\/share (FY26 interim)<\/td><td>Rs. 10 \u2013 15 final (est.)<\/td><\/tr><\/tbody><\/table><\/figure><p>Estimates compiled from MOFSL, YES Securities, JM Financial. Actual figures from NSE\/BSE filings. Verify before investing.<\/p><p>The estimates above represent analyst consensus. Actual results could diverge \u2014 positively or negatively \u2014 based on one-time items, currency movements, and sector-specific developments. The key number to watch, beyond the headline PAT, is management&#8217;s commentary on FY27 guidance.<\/p><p>Screen and track <a href=\"https:\/\/univest.in\/screeners\">Coforge fundamentals on Univest Screener<\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Key_Factors_That_Will_Drive_Coforge_Q4_FY26_Performance\"><\/span><strong>5 Key Factors That Will Drive Coforge Q4 FY26 Performance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"EBIT_Margin_Expansion_%E2%80%94_MOFSL_Top_Pick\"><\/span><strong>EBIT Margin Expansion \u2014 MOFSL Top Pick<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>MOFSL expects Coforge to post approximately 160 basis points QoQ EBIT margin expansion in Q4, as the headwinds from wage hikes in the prior quarter ease. This would take EBIT margin from 13.4% in Q3 to approximately 15% in Q4 \u2014 the most significant sequential improvement in the mid-cap IT space this quarter.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"BFS_and_Travel_Vertical_Momentum\"><\/span><strong>BFS and Travel Vertical Momentum<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>JM Financial flags that banking and financial services (BFS) and travel verticals are leading growth for Coforge. BFS technology modernisation \u2014 particularly in core banking transformation and regulatory compliance \u2014 has been a consistent deal-winning area for Coforge in FY26.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Strong_Executable_Order_Book\"><\/span><strong>Strong Executable Order Book<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>MOFSL specifically cites Coforge&#8217;s strong executable order book as a key differentiator. Unlike deal TCV (which includes multi-year future revenue), executable backlog represents revenue that will materialise in the next 4\u20136 quarters. A strong executable order book significantly de-risks revenue guidance.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Multi-Vertical_Deal_Momentum\"><\/span><strong>Multi-Vertical Deal Momentum<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Coforge has been winning deals across BFS, travel, insurance, and healthcare verticals. Bernstein&#8217;s Outperform rating reflects its belief that Coforge&#8217;s multi-vertical momentum is sustainable and differentiates it from single-vertical dependent peers.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Margin_Recovery_After_Wage_Hike_Absorption\"><\/span><strong>Margin Recovery After Wage Hike Absorption<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Q3 margins of 13.4% were impacted by wage hike costs. Q4 margin recovery toward 15% will demonstrate that Coforge&#8217;s operating leverage model works \u2014 higher revenue converts efficiently to EBIT improvement when wage hike headwinds are absent.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Risks_to_Watch_in_Coforge_Q4_FY26\"><\/span><strong>5 Risks to Watch in Coforge Q4 FY26<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Small_Scale_Limits_Pricing_Power\"><\/span><strong>Small Scale Limits Pricing Power<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Coforge is significantly smaller than TCS, Infosys, and HCL Tech. This limits its ability to compete for the largest transformation programmes and reduces pricing power in competitive bidding situations. Scale is a structural limitation that growth alone cannot fully address.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Revenue_Concentration_in_BFS_and_Travel\"><\/span><strong>Revenue Concentration in BFS and Travel<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>While BFS and travel are growth verticals, they are also cyclical. Any downturn in financial services spending or disruption to global travel demand \u2014 from geopolitical events or economic slowdowns \u2014 would disproportionately affect Coforge.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Integration_of_CIGNEX_Datamatics_and_Other_Acquisitions\"><\/span><strong>Integration of CIGNEX Datamatics and Other Acquisitions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Coforge has grown through selective acquisitions. Integration complexity \u2014 particularly in technology platforms and client delivery teams \u2014 can create short-term disruptions that appear in quarterly margins and headcount data.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Attrition_in_Specialised_Verticals\"><\/span><strong>Attrition in Specialised Verticals<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Retaining specialised talent in travel technology and BFSI domain expertise is a constant challenge. Higher attrition in these skill sets would disrupt client delivery and potentially lead to account-level revenue slippage.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Premium_Valuation_Despite_Small_Scale\"><\/span><strong>Premium Valuation Despite Small Scale<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Coforge trades at approximately 40x forward earnings \u2014 the highest valuation multiple in the mid-cap IT space. This is justifiable only if the company continues to deliver 15%+ revenue growth with EBIT margin expansion. Any execution stumble at this valuation level would result in a sharp correction.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Coforge_Share_Price_and_Analyst_Ratings\"><\/span><strong>Coforge Share Price and Analyst Ratings<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/01132808\/art15_share_analyst-1024x536.jpg\" alt=\"Coforge Share Price and Analyst Ratings\" class=\"wp-image-66192\" srcset=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/01132808\/art15_share_analyst-1024x536.jpg 1024w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/01132808\/art15_share_analyst-300x157.jpg 300w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/01132808\/art15_share_analyst-768x402.jpg 768w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/01132808\/art15_share_analyst-900x471.jpg 900w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/01132808\/art15_share_analyst-600x314.jpg 600w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/01132808\/art15_share_analyst-150x79.jpg 150w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/01132808\/art15_share_analyst.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><p>Coforge share price snapshot and analyst ratings heading into Q4 FY26 results<\/p><p>Coforge shares are trading at ~Rs. 7,800 as of late March 2026. The 52-week high stands at Rs. 9,800 and the 52-week low at Rs. 5,820. One-year return is +8%, against a market cap of ~Rs. 47,000 Cr.<\/p><p>Here is where leading brokerages stand on Coforge heading into Q4 FY26 results:<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Brokerage<\/strong><\/td><td><strong>Rating<\/strong><\/td><td><strong>Target Price<\/strong><\/td><td><strong>Key Thesis<\/strong><\/td><\/tr><tr><td>MOFSL<\/td><td>Buy<\/td><td>Rs. 1,300<\/td><td>Top midcap pick; strong order book; margin expansion in Q4<\/td><\/tr><tr><td>Bernstein<\/td><td>Outperform<\/td><td>NA<\/td><td>Mid-teen revenue growth + multi-vertical momentum<\/td><\/tr><tr><td>JM Financial<\/td><td>Add<\/td><td>Rs. 1,300<\/td><td>BFS and travel verticals leading growth<\/td><\/tr><tr><td>Kotak Institutional<\/td><td>Add<\/td><td>NA<\/td><td>160 bps margin expansion expected Q4<\/td><\/tr><\/tbody><\/table><\/figure><p>Source: Publicly available analyst notes, March\u2013April 2026. For informational purposes only.<\/p><p>For live TCS, Infosys, and sectoral Q4 results coverage, download the<\/p><p><a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Download the Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to get live Q4 result alerts and SEBI-registered research directly on your phone.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Coforge Q4 FY26 is expected to be the most visually impressive quarter for the company in FY26 \u2014 EBIT margin expansion of 160 basis points, revenue growth of 3\u20135% QoQ, and PAT recovery to Rs.260\u2013320 crore. MOFSL has named it its top midcap IT pick, citing the strong executable order book and multi-vertical deal momentum. At Rs.7,800 \u2014 the only mid-cap IT stock with positive one-year returns \u2014 Coforge needs to deliver to maintain its premium.<\/p><p>This article is for informational and educational purposes only. Investments in securities are subject to market risk. Please read all related documents before investing. Past performance is not indicative of future results.<\/p><p>For more Q4 earnings previews across IT, banking, auto, and pharma sectors, visit <a href=\"https:\/\/univest.in\/blogs\">Univest Blogs<\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Coforge_Q4_results_2026_date\"><\/span><strong>What is the Coforge Q4 results 2026 date?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The Coforge Q4 results 2026 date is April 22, 2026 (Expected). The board will meet to approve the audited Q4 FY26 financial results \u2014 covering the quarter ended March 31, 2026 \u2014 and will consider a dividend recommendation for FY26.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Coforge_Q4_FY26_PAT_estimate\"><\/span><strong>What is the Coforge Q4 FY26 PAT estimate?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Analysts estimate Coforge Q4 FY26 net profit (PAT) in the range of Rs.Rs. 260 \u2013 320 crore. This estimate is based on revenue assumptions of Rs.Rs. 3,500 \u2013 3,750 crore and a margin of EBIT ~15.0% (expansion of ~160 bps QoQ). Actual results may differ from these consensus estimates.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Coforges_current_share_price_ahead_of_Q4_results\"><\/span><strong>What is Coforge&#8217;s current share price ahead of Q4 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Coforge shares are trading at approximately ~Rs. 7,800 as of late March 2026. The 52-week high is Rs. 9,800 and the 52-week low is Rs. 5,820. The one-year return is +8% and the market cap stands at ~Rs. 47,000 Cr.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Will_Coforge_declare_a_dividend_in_Q4_2026\"><\/span><strong>Will Coforge declare a dividend in Q4 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Coforge is expected to consider a dividend recommendation at the April 22, 2026 (Expected) board meeting. FY26 dividends paid so far total Rs. 19\/share (FY26 interim). Analysts estimate the Q4 final or additional dividend at Rs. 10 \u2013 15 final (est.) per share, subject to board approval and shareholder ratification at the AGM.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Which_analysts_have_a_Buy_rating_on_Coforge_before_Q4_results\"><\/span><strong>Which analysts have a Buy rating on Coforge before Q4 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>MOFSL (Buy, TP: Rs. 1,300); Bernstein (Outperform, TP: NA); JM Financial (Add, TP: Rs. 1,300); Kotak Institutional (Add, TP: NA). These ratings are based on publicly available analyst notes from March\u2013April 2026. They are for informational purposes only and not a recommendation.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_were_Coforge_Q3_FY26_results\"><\/span><strong>What were Coforge Q3 FY26 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Coforge Q3 FY26 results showed revenue of Rs.3,321 crore and PAT of Rs.221 crore. Margins were at EBIT 13.4%. Q4 is expected to show a different picture \u2014 review the estimates table in this article for full expectations.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"When_do_Infosys_and_TCS_announce_Q4_results_2026\"><\/span><strong>When do Infosys and TCS announce Q4 results 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>TCS Q4 results 2026 date is April 9, 2026. <a href=\"https:\/\/univest.in\/blogs\/infosys-q4-results-2026-date-preview\">Infosys Q4 results<\/a> date is April 23, 2026. HCL Technologies reports on April 21. Read full Q4 previews for all these companies on <a href=\"https:\/\/univest.in\/blogs\">Univest Blogs<\/a>.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_Coforge_a_good_investment_ahead_of_Q4_results\"><\/span><strong>Is Coforge a good investment ahead of Q4 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>This depends on your risk appetite, investment horizon, and portfolio context. Coforge has both compelling factors and genuine near-term risks \u2014 both are covered in detail in this article. Consult a SEBI-registered financial advisor before making any investment decision. Use the Univest Screener to assess Coforge fundamentals independently before investing.<\/p><p>Disclaimer: Investment in the share market is subject to risk. This article is for informational and educational purposes only and does not constitute investment advice. All financial data and analyst estimates are sourced from publicly available information including NSE\/BSE filings, MOFSL, YES Securities, JM Financial, Screener.in and company investor relations pages. Verify all numbers before investing. Consult a SEBI-registered advisor before making investment decisions.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Articles\"><\/span><strong>Recent Articles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/infosys-q4-results-date-preview\">Infosys Q4 Results 2026: Date, Revenue, PAT &amp; Analyst Outlook<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/best-agrolife-q4-fy26-results-expectations\">Best Agrolife Q4 FY26 Results Preview &amp; Earnings Expectations<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/bhansali-engineering-polymers-q4-fy26-results-expectations\">Bhansali Engineering Polymers Q4 FY26 Results Preview &amp; Earnings Outlook<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/berger-paints-q4-fy26-results-expectations\">Berger Paints Q4 FY26 Results Preview &amp; Earnings Outlook<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/beml-q4-fy26-results-expectations\">BEML Q4 FY26 Results Preview &amp; Earnings Outlook<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Coforge Q4 Results FY26 \u2014 Board meeting on April 22, 2026 (Expected) The Coforge Q4 results 2026 is set to be one of the most closely watched earnings events of the April-May 2026 results season. With results scheduled for April 22, 2026 (Expected), investors and analysts across brokerages are building their expectations around revenue, PAT,<\/p>\n","protected":false},"author":28,"featured_media":66197,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[3962,3802],"class_list":["post-66185","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-coforge-q4-results","tag-news"],"metadata":{"_edit_lock":["1775031298:28"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"amazonS3_cache":["a:6:{s:61:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/image-21.jpeg\";a:2:{s:2:\"id\";i:66188;s:11:\"source_type\";s:13:\"media-library\";}s:93:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/01132657\/image-21.jpeg\";a:2:{s:2:\"id\";i:66188;s:11:\"source_type\";s:13:\"media-library\";}s:71:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/art15_share_analyst.jpg\";a:2:{s:2:\"id\";i:66192;s:11:\"source_type\";s:13:\"media-library\";}s:80:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/art15_share_analyst-1024x536.jpg\";a:2:{s:2:\"id\";i:66192;s:11:\"source_type\";s:13:\"media-library\";}s:103:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/01132808\/art15_share_analyst.jpg\";a:2:{s:2:\"id\";i:66192;s:11:\"source_type\";s:13:\"media-library\";}s:112:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/01132808\/art15_share_analyst-1024x536.jpg\";a:2:{s:2:\"id\";i:66192;s:11:\"source_type\";s:13:\"media-library\";}}"],"rank_math_primary_category":["842"],"rank_math_seo_score":["82"],"rank_math_description":["Coforge Q4 results 2026 preview \u2014 revenue, EBIT margin expansion, PAT and FY27 guidance. 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