
Coforge Q4 Results 2026: Date, Revenue, PAT & Analyst Outlook
Mon Apr 06 2026

Coforge (NSE: COFORGE) is preparing to announce its fourth quarter FY26 (Q4 FY26) financial results for the period ended March 31, 2026. The board of directors is scheduled to meet on April 30, 2026 to approve the audited financial statements for Q4 FY26 and consider a recommendation for a final dividend for FY26 shareholder approval.
With Coforge trading at a current market price of Rs 7,550 — down from a 52-week high of Rs 10,333 and a 1-year return of -5% — the Q4 FY26 results will be a pivotal moment for investors deciding whether to hold, add, or reduce their position. Analyst estimates for Q4 FY26 revenue stand at $330–345 Mn USD, with PAT expectations of Rs 350–400 Cr and margin projections of EBITDA 16.5–17.5%.
This article covers the Coforge Q4 results 2026 date, detailed earnings estimates, five key performance factors, five risks to monitor, analyst ratings and price targets, and answers to the most commonly searched investor questions ahead of the announcement. For real-time research and expert analysis, access Coforge data on Univest.
Coforge Q4 Results 2026 Date
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Coforge has scheduled its Q4 FY26 results for April 30, 2026. The board of directors will meet to approve the audited consolidated financial statements for the quarter and full year ended March 31, 2026. The trading window for designated employees is closed until 48 hours after the results announcement, as per SEBI regulations. Mark April 30, 2026 as a key date in your investment calendar if you hold or track Coforge.
| Company | Results Date | Key Watch |
| TCS | April 9, 2026 (Confirmed) | Deal TCV, EBIT margin, FY27 guidance |
| Infosys | April 23, 2026 (Confirmed) | Revenue guidance, attrition, large deals |
| Coforge | April 30, 2026 (Expected) | CC revenue growth 15–18% YoY |
Why This Quarter Matters
Q4 FY26 is the quarter ending March 31, 2026 — the final quarter of the financial year — and carries additional significance for investors. It determines the full-year FY26 financial performance, sets the benchmark for FY27 estimates, and triggers final dividend announcements. For Coforge, specifically, Q4 FY26 matters because: the stock has delivered a -5% 1-year return against a backdrop of macro uncertainty, making the quarter’s growth trajectory crucial for sentiment recovery.
Institutional investors typically rebalance portfolios at the end of March, and the Q4 results give them the clarity needed to assess whether to increase or reduce positions ahead of the new financial year. Analyst price targets for Coforge — ranging from Rs 8,500 to Rs 9,500 — will be updated post-results based on the actual Q4 FY26 performance and the management’s FY27 guidance.
Coforge Q4 FY26 Earnings Estimates

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Brokerages including MOFSL, YES Securities, JM Financial, and others have published their Q4 FY26 preview estimates for Coforge. The consensus expects $330–345 Mn USD in revenue for Q4 FY26, compared to $322 Mn USD in Q3 FY26. Profit after tax (PAT) is estimated at Rs 350–400 Cr, with margin expectations of EBITDA 16.5–17.5%. Growth momentum on the key volume/activity metric is projected at CC revenue growth 15–18% YoY.
| Metric | Q4 FY26 Estimate | Q3 FY26 Actual | Key Driver |
| Revenue | $330–345 Mn USD | $322 Mn USD | Volume + pricing |
| PAT | Rs 350–400 Cr | Rs 372 Cr | Margin expansion |
| Margin | EBITDA 16.5–17.5% | EBITDA ~16.8% | Cost efficiency |
| Growth Metric | CC revenue growth 15–18% YoY | Previous quarter | Demand recovery |
| Dividend | Rs 30–35 per share | — | Capital allocation |
Beyond the headline numbers, investors will watch closely for: management commentary on FY27 revenue growth guidance, any revision in margin trajectory, updates on order book or deal pipeline, and capex or investment plans. A positive surprise on any two of these four parameters could drive a meaningful post-results re-rating.
Screen Coforge fundamentals and historical financials on Univest Screener.
5 Key Factors That Will Drive Coforge Q4 FY26 Performance
1. Revenue Momentum and Q4 FY26 Seasonal Strength
Coforge enters Q4 FY26 — the quarter ending March 31, 2026 — with expectation of seasonal pickup in revenues. Analysts project revenue of $330–345 Mn USD for Q4 FY26, compared to $322 Mn USD in Q3. Q4 is typically a seasonally stronger quarter for IT Services companies due to year-end spending patterns, project closures, and government order execution. Management’s ability to convert the backlog into recognised revenue will be the primary variable determining whether Coforge meets, beats, or misses the consensus.
2. Profitability and Margin Trajectory
Coforge’s PAT is estimated at Rs 350–400 Cr for Q4 FY26, with margin expectations at EBITDA 16.5–17.5%. Analysts are watching the interplay between revenue growth and cost pressures — including employee costs, input material pricing, and technology investments. If Coforge can hold or expand margins while delivering the estimated revenue, it would mark a continuation of the profitability improvement seen over FY26. Brokerage targets ranging from Rs 8,800 to Rs 9,500 suggest meaningful analyst divergence on the precise earnings path.
3. Volume Growth and Market Share
Coforge’s Q4 FY26 performance on the volume or growth metric (CC revenue growth 15–18% YoY) will be a key indicator of market share dynamics in the IT Services sector. Sector-wide, Q4 FY26 is expected to show demand recovery supported by improved consumer sentiment, government spending, and resolution of near-term macroeconomic headwinds. Coforge’s ability to maintain or expand its competitive position will determine whether the FY27 growth story is compelling.
4. FY27 Guidance and Management Commentary
Beyond the quarterly numbers, the management’s outlook commentary and formal FY27 guidance will be the most market-moving element of Coforge’s Q4 FY26 results announcement. Investors and analysts will scrutinise every word of the earnings call transcript for signals on revenue growth expectations, capex plans, margin trajectory, and any strategic pivots. A confident, upward-revised FY27 guidance could drive a 5-10% post-results stock re-rating.
5. Dividend and Capital Allocation
Coforge is expected to consider or recommend a dividend of Rs 30–35 per share at the Q4 FY26 board meeting. For income-oriented investors, the dividend announcement signals management’s confidence in future cash flow generation. A higher-than-expected dividend would also support the stock price by improving yield attractiveness. Capital allocation decisions — including buybacks, capex commitments, and acquisition strategy — will also inform how the market values Coforge’s FY27-28 earnings trajectory.
5 Risks to Watch in Coforge Q4 FY26
1. Macro Headwinds — West Asia Conflict and Crude Oil Spike
The West Asia conflict has driven crude oil above $100 per barrel, creating input cost pressure for companies in energy-intensive sectors and dampening consumer sentiment. If the conflict persists, it could weigh on India’s growth outlook for FY27, reducing business investment and consumer spending — both of which affect Coforge’s demand environment.
2. US Tariff Uncertainty and Global Trade Disruption
The US tariff regime changes in 2025-26 have created uncertainty for Indian exporters and IT services companies dependent on US client spending. Coforge’s IT Services exposure may be directly or indirectly affected if US corporate cost-cutting accelerates in response to higher import tariffs.
3. Revenue Miss Risk and Earnings Guidance Disappointment
Coforge’s Q4 FY26 results carry downside risk if execution is weaker than consensus. A revenue miss of 3-5% could trigger a 5-8% post-results stock decline, particularly given the sensitivity of the current market environment to negative earnings surprises. Margin misses of 50-100 basis points would compound the negative reaction.
4. Competition and Market Share Erosion
The IT Services sector remains highly competitive, with both domestic and international players investing aggressively. Coforge faces pricing pressure from competitors and risk of market share erosion if product innovation or service quality falls short of customer expectations. Any loss of key customer relationships or contracts could materially impact Q4 and FY27 revenue.
5. Regulatory and Compliance Risk
Companies in the IT Services sector face evolving regulatory requirements. Any new SEBI, RBI, or government regulation that increases compliance costs or restricts business practices could adversely affect Coforge’s profitability and operational flexibility. Investors should monitor regulatory announcements in the sector alongside quarterly results.
Coforge Share Price and Analyst Ratings

Coforge is trading at Rs 7,550 as of early April 2026, against a 52-week high of Rs 10,333 and a 52-week low of Rs 5,160. The market capitalisation stands at Rs 50,500 Cr. The 1-year return of -5% reflects the broader IT Services sector headwinds alongside company-specific factors. The Q4 FY26 results and FY27 guidance will be critical in determining whether the stock can recover toward analyst consensus targets.
| Brokerage | Rating | Target Price | Thesis |
| MOFSL | Buy | Rs 9,500 | BFS + travel vertical: double-digit growth |
| YES Securities | Buy | Rs 9,200 | Deal intake at record high; Q4 closing |
| JM Financial | Buy | Rs 8,800 | Cigniti integration adding testing revenue |
| Emkay | Buy | Rs 8,500 | Niche mid-cap IT with premium growth justified |
Download the Univest iOS App or Univest Android App to track Coforge’s live price and receive real-time Q4 result alerts when the board declares the results on April 30, 2026.
Conclusion
Coforge Q4 FY26 results on April 30, 2026 will be a key event for investors monitoring the IT Services sector. Analysts project PAT of Rs 350–400 Cr and revenue of $330–345 Mn USD, representing continued sequential growth from Q3 FY26 levels. At a CMP of Rs 7,550 and with analyst targets ranging from Rs 8,500 to Rs 9,500, the stock offers meaningful risk-reward for informed investors. FY27 guidance commentary will be the most critical post-results catalyst.
This analysis is based on publicly available analyst estimates and company filings. Actual Q4 FY26 results may differ materially from consensus estimates. Market reactions to results depend not only on the reported numbers but also on management guidance, peer performance, and broader macro sentiment. Investing ahead of quarterly results carries earnings risk — the stock can fall on a miss or rise sharply on a beat.
For more Q4 FY26 previews across IT, banking, auto, pharma, and cement sectors, visit Univest Blogs.
Frequently Asked Questions
What is the Coforge Q4 results 2026 date?
Coforge Q4 FY26 results are expected on April 30, 2026. The board of directors will meet on this date to approve the audited financial statements for the quarter ended March 31, 2026, and consider a final dividend recommendation for FY26.
What is the Coforge Q4 FY26 PAT estimate?
Analysts estimate Coforge’s Q4 FY26 PAT at Rs 350–400 Cr. This compares to Q3 FY26 PAT of Rs 372 Cr. Key brokerages including MOFSL, YES Securities, and JM Financial have published these estimates. Actual results may differ.
What is Coforge’s share price ahead of Q4 results?
Coforge is trading at Rs 7,550 as of early April 2026. The 52-week high is Rs 10,333 and the 52-week low is Rs 5,160. The market capitalisation is Rs 50,500 Cr. The 1-year return stands at -5%. Track the live share price on Univest.
Will Coforge declare a dividend in Q4 2026?
Coforge is expected to consider a dividend of Rs 30–35 per share at the Q4 FY26 board meeting on April 30, 2026. This would be the final dividend for FY26. The actual dividend amount depends on the board’s assessment of profitability, capital adequacy, and future investment needs.
Which analysts have a Buy rating on Coforge?
MOFSL (target Rs 9,500), YES Securities (target Rs 9,200), JM Financial (target Rs 8,800), Emkay (target Rs 8,500) have Buy/Outperform ratings on Coforge as of April 2026. hold Neutral ratings. All targets and ratings are subject to revision after Q4 FY26 results.
What were Coforge Q3 FY26 results?
Coforge reported Q3 FY26 (October–December 2025) revenue of $322 Mn USD and PAT of Rs 372 Cr, with margin at EBITDA ~16.8%. The Q3 FY26 results provided the base against which Q4 FY26 estimates have been built by analysts.
When do Infosys and TCS announce Q4 results 2026?
TCS declared Q4 FY26 results on April 9, 2026. For the full TCS Q4 results preview, visit the TCS Q4 Results 2026 preview on Univest Blogs. Infosys Q4 FY26 results are scheduled for April 23, 2026. Read the full Infosys Q4 Results 2026 preview on Univest Blogs for detailed estimates, analyst ratings, and FY27 guidance expectations.
Is Coforge a good investment ahead of Q4 results?
This depends on your risk appetite, investment horizon, and portfolio context. Coforge has both compelling factors — BFS + travel vertical: double-digit growth — and genuine near-term risks. Analyst consensus targets range from Rs 8,500 to Rs 9,500. Consult a SEBI-registered financial advisor before making any investment decision. Use Univest Screener to assess Coforge fundamentals independently.
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 and company investor relations pages. Verify all numbers before investing. Consult a SEBI-registered advisor before making investment decisions.
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