Coforge is acquiring Encora, an AI-native digital engineering firm, with the transaction expected to close around Q1FY27. This strategic move aims to create a robust tech services powerhouse.

The combined entity is projected to achieve approximately US$2.5 billion (about 22,442 Cr) in revenue for FY26. Pro-forma financials for FY27 forecast a combined revenue of about US$2.83 billion (approx. 25,368 Cr), EBITDA of US$533 million (approx. 4,785 Cr), and PAT of US$283 million (approx. 2,540 Cr), making the acquisition EPS accretive with an estimated US$53.7 EPS.

Encora brings strong capabilities in AI-led engineering, data, and cloud, leveraging its proprietary AIVATM platform and a unique distributed global delivery model.

This acquisition is expected to generate approximately US$20 million (about 180 Cr) in cost synergies.

Coforge plans to deepen relationships with 45 US$10Mn+ accounts and expand its global footprint, particularly in LATAM, increasing the total workforce to about 44,000 employees.