NSE:COFORGE management interview: $5 Billion Vision By 2030: Coforge CEO Maps Aggressive Expansion Strategy | Hiring, AI & Margins
ET Now, 2026-06-18. Video: https://www.youtube.com/watch?v=qn0_jeXPH6Q
- EBIT margin guidance: Coforge maintained its FY27 standalone reported EBIT margin target of 16.5% to 17%, driven by internal operational integration of AI over the past five to six quarters.
- Revenue growth outlook: Following 29.2% growth in the prior year, the company projects robust growth from Q2 FY27 onwards, as a flat Q1 caused by exiting lower-margin India contracts is recouped by organic momentum.
- 2030 revenue target: Coforge conservatively aims to achieve $5 billion in revenue by 2030 by maintaining its nine-year historical organic growth trajectory and executing a single $500 million acquisition over the next four years.
- Headcount and hiring: The company plans to de-link employee additions from revenue expansion to support margin targets, ensuring headcount increases continue at a significantly slower pace than top-line growth.
- Capital allocation strategy: Supported by a targeted 100% free cash flow to PAT conversion in FY27, cash will be allocated toward servicing the $550 million Enkora loan, funding future acquisitions, expanding LLM and hyperscaler partnerships, and paying dividends.