Coforge Limited (BOM:532541)

Coforge Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Operating Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	19,692	15,557	8,121	8,080	6,938	6,617
Depreciation & Amortization	7,698	5,748	3,536	2,340	2,026	1,899
Other Amortization	1,071	1,071	1,147	846	559	373
Loss (Gain) From Sale of Assets	-2	-3	-211	-	13	-
Loss (Gain) From Sale of Investments	-	-	-	-	-	-3
Stock-Based Compensation	1,598	1,909	1,700	810	544	355
Provision & Write-off of Bad Debts	979	340	68	104	72	16
Other Operating Activities	1,661	-84	1,124	-98	380	-168
Change in Accounts Receivable	-18,238	-15,516	-7,425	-1,668	-2,126	-3,152
Change in Accounts Payable	2,253	6,097	1,680	1,725	175	2,153
Change in Other Net Operating Assets	4,229	2,798	3,056	-2,857	924	-434
Operating Cash Flow	20,855	17,917	12,371	9,034	9,505	7,656
Operating Cash Flow Growth	19.91%	44.83%	36.94%	-4.96%	24.15%	0.43%

Investing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-1,627	-7,425	-6,144	-2,655	-1,582	-1,541
Sale of Property, Plant & Equipment	1,509	1,474	572	57	45	66
Cash Acquisitions	-47,580	-3,206	-20,810	-	-1,222	-8,557
Divestitures	-160	2,998	-	-	-	-
Investment in Securities	665	1,551	1,185	-	-	450
Other Investing Activities	450	260	714	120	43	18
Investing Cash Flow	-46,743	-4,348	-24,483	-2,478	-2,716	-9,564

Financing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Long-Term Debt Issued	-	1,976	6,039	967	-	3,578
Long-Term Debt Repaid	-	-6,202	-4,582	-480	-601	-445
Lease Payments	-1,153	-1,048	-866	-480	-421	-386
Net Debt Issued (Repaid)	46,100	-4,226	1,457	487	-601	3,133
Issuance of Common Stock	81	3	22,015	7	18	51
Common Dividends Paid	-4,452	-5,277	-4,976	-4,664	-3,534	-3,152
Other Financing Activities	-2,822	-1,437	-1,743	-4,700	-1,465	-1,590
Financing Cash Flow	38,907	-10,937	16,753	-8,870	-5,582	-1,558

Net Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Foreign Exchange Rate Adjustments	20	348	102	-172	24	-65
Net Cash Flow	13,039	2,980	4,743	-2,486	1,231	-3,531

Free Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	19,228	10,492	6,227	6,379	7,923	6,115
Free Cash Flow Growth	171.54%	68.49%	-2.38%	-19.49%	29.57%	-10.61%
Free Cash Flow Margin	9.44%	6.40%	5.16%	7.08%	9.89%	9.51%
Free Cash Flow Per Share	49.74	30.95	18.71	20.46	25.47	19.69
Levered Free Cash Flow	19,515	17,779	-696.25	2,525	10,814	4,469
Unlevered Free Cash Flow	20,687	18,279	-151.88	3,104	11,188	4,768
Free Cash Flow After Leases	18,075	9,444	5,361	5,899	7,502	5,729

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	2,067	1,169	1,438	1,060	714	265
Cash Income Tax Paid	5,148	4,385	3,959	3,661	2,800	2,646
Change in Working Capital	-11,756	-6,621	-2,689	-2,800	-1,027	-1,433

Data Source: S&P Global Market Intelligence Last updated: Oct 23, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 29, 2026

Data Sources Report a data error