Overview
Coforge reported consolidated FY2026 revenue of ₹16,403 crore, up 35.9% from ₹12,073 crore a year earlier, the fastest growth among the large mid-tier firms on this list[10]. On 23 April 2026 it announced the closure of its acquisition of Encora, which it said creates a US$2.5 billion firm with more than 45,000 professionals; Encora’s results are consolidated from 1 May 2026, so the deal is not reflected in the FY2026 figure[3]. Coforge funded part of the transaction with a US$550 million three-year loan and cancelled a planned share placement[3]. Encora adds nearshore delivery in Latin America[3]. It ranks 7th of the 50 companies here, behind LTM (formerly LTIMindtree), with revenue equal to 6.1% of that of TCS.
Coforge strengths and limitations
Strengths
- Strong domain focus in insurance, banking and travel
- Encora adds product engineering and nearshore delivery
Limitations
- Integration of the Encora acquisition is under way
- Much smaller than the top Indian providers
Appears in
- Best Offshore Software Development Companies in 2026 #8
- Top 50 IT Outsourcing Companies in India: 2026 Edition #7
- Top 50 IT Outsourcing Companies in Eastern Europe: 2026 Edition #43
- Top 50 IT Outsourcing Companies in the World: 2026 Edition #38
- Top 50 Software Development Companies: 2026 Edition #17
- Top 50 IT Services Companies: 2026 Edition #38
Coforge alternatives and competitors
Alternatives to Coforge: companies ranked in the same lists.
- Tata Consultancy Services (TCS)
Infosys- HCLTech
Wipro
Tech Mahindra
EPAM Systems
Hexaware Technologies
Grid Dynamics
Cognizant- Zensar Technologies
Endava
Globant
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