StoxTech Mahindra vs Coforge: share price & financials comparison
NSE: TECHM vs COFORGE · Information Technology · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Tech Mahindra vs Coforge at a glance
Tech Mahindra (TECHM) has a market capitalisation of ₹1,62,227 Cr, against ₹91,967 Cr for Coforge (COFORGE). Over the past year Tech Mahindra has returned +26.1%, compared with +15.5% for Coforge. On valuation, Tech Mahindra trades at a lower P/E of 35.2 versus 47.7. Tech Mahindra earns a higher return on equity (15.5% vs 8.6%). Tech Mahindra comes out ahead on size, valuation and financial health. Coforge comes out ahead on profitability, growth and technicals. Across the scored metrics below, Tech Mahindra leads on 8 and Coforge on 10. On StoxGud's 10-point checklist, Tech Mahindra scores 8/10 and Coforge scores 7/10.
| Metric | Tech Mahindra | Coforge |
|---|---|---|
| Size | ||
| Market cap | ₹1,62,227 Cr | ₹91,967 Cr |
| Revenue (latest FY) | ₹56,815 Cr | ₹16,403 Cr |
| Net profit (latest FY) | ₹4,811 Cr | ₹1,566 Cr |
| Valuation | ||
| P/E | 35.2 | 47.7 |
| P/B | 5.47 | 4.11 |
| Dividend yield | 2.48% | 0.59% |
| Profitability | ||
| Return on equity | 15.5% | 8.6% |
| Net profit margin | 7.5% | 9.5% |
| Operating margin | 17.2% | 19.1% |
| Growth | ||
| Revenue growth (YoY) | +15.6% | +54.8% |
| Net profit growth (YoY) | +32.7% | +56.5% |
| Revenue CAGR (multi-year) | +7.5% | +28.6% |
| Financial health | ||
| Debt to equity | 0.07 | 0.25 |
| Momentum | ||
| 1-month return | +22.8% | +13.9% |
| 1-year return | +26.1% | +15.5% |
| 3-year CAGR | +17.0% | +26.6% |
| 5-year CAGR | +3.3% | +14.6% |
| 10-year CAGR | +15.2% | +38.3% |
| Distance from 52W high | -0.2% | -1.1% |
| Technicals | ||
| RSI (14) | 58 | 64 |
| Price vs 200-day avg | +19.6% | +33.9% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Tech Mahindra | Coforge |
|---|---|---|
| Price above 50-day average | ✓ | ✓ |
| Price above 200-day average | ✓ | ✓ |
| 50-day average above 200-day (uptrend) | ✓ | ✓ |
| RSI in healthy 40–70 zone | ✓ | ✓ |
| Positive 1-year return | ✓ | ✓ |
| Return on equity above 15% | ✓ | ✗ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✗ | ✗ |
| P/E below industry median | ✗ | ✗ |
| Score | 8/10 | 7/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Tech Mahindra or Coforge?
Tech Mahindra has a market cap of ₹1,62,227 Cr and Coforge has a market cap of ₹91,967 Cr as of 06 Nov 2026.
Which has a lower P/E, Tech Mahindra or Coforge?
Tech Mahindra has the lower P/E: Tech Mahindra trades at 35.2 and Coforge at 47.7.
Which gave better returns in the last year, Tech Mahindra or Coforge?
Tech Mahindra did better: Tech Mahindra returned +26.1% and Coforge returned +15.5% over one year.
Is Tech Mahindra or Coforge a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Tech Mahindra scores 8/10 and Coforge scores 7/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.