Coforge Limited — Q1FY27 earnings call summary

Filed 29 July 2026 · Official transcript

Integration of Encora ahead of plan with 40% reduction in G&A costs
FY27 outlook: consolidated EBIT margin 15.5%+, standalone 16.5-17%, EBITDA margin 20.5-21%
Management confident of industry-leading revenue growth and margin expansion in FY27
Free cash flow $52.9mn in Q1; FCF to PAT conversion 95.3%; FY27 target 100%+
AI-led services contribute 86% of revenue; $58mn invested in AI innovation in FY26
Large deal pipeline strong; Q2 deals closed early; growth expected to remain robust
Order intake $691mn organic; 12-month executable order book $2.23bn, +44.2% YoY
EBIT margin 16.0% consolidated; standalone Coforge at 16.7%; Encora EBIT margin 19.1%