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COFORGE Information Technology 24 Apr 2024

Coforge Ltd — Q4 FY24

Coforge reported a strong Q4 FY24 with PAT up 94.8% YoY to INR 2,237 million, driven by robust order intake of $774 million and a record executable order book of $1.02 billion.

bullish high
Compare with...
Revenue
EBITDA
PAT ₹2,237 Cr +94.8%
EBITDA Margin 17.6% -64bps
Duration 90 min
Read Time 1 min read

Financial stats pending filing verification

Risk Intelligence

Material risks this quarter

Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.

Risks

R

Integration risk from Cigniti acquisition

The large acquisition may distract management and pose integration challenges, potentially impacting organic growth momentum.

medium · analyst_question
R

AI disruption in testing services

Generative AI could disrupt traditional functional testing, posing a risk to Cigniti's revenue if not proactively addressed.

medium · analyst_question
R

Client churn in Cigniti's long tail

Cigniti's client portfolio has churn in smaller accounts, which could affect revenue stability post-acquisition.

low · management_commentary
R

Margin pressure from large deals

New large deals, especially in new accounts, come with lower initial margins, which could pressure overall profitability.

low · management_commentary