Avsar.

Services · Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO)

Firstsource Solutions Ltd (FSL)

₹253.58

Mkt cap
₹17,929 Cr
P/E ratio
24.00
P/B
4.09
Div yield
2.17%
ROE
17.60%
ROCE
16.80%
EPS (TTM)
₹10.57
Book value
₹62
52W range
204–376
Sector
Services

Firstsource Solutions Limited is a leading player in the Business Process Management (BPM) industry. Part of the RP-Sanjiv Goenka Group , Firstsource provides bespoke services and solutions to its customers across Banking and Financial Services, Healthcare, Communications, Media and Technology, and other diverse industries. The company has the philosophy of 'Digital First, Digital Now' [1]

NSE FSLBSE 532809www.firstsource.com
Health check
Mixed
ValuationFair
ProfitabilityStrong
GrowthModerate
TechnicalsBearish
52-week range
−32.52% from high
₹254
₹204+24.07% from low₹376
Current
₹253.58
Prev close
₹253.02
Day
+0.22%
Price performance
1D
+0.22%
1W
−4.90%
1M
+4.16%
3M
+21.17%
6M
−20.12%
1Y
−28.94%
YTD
−25.54%

Financials

F
Revenue, profit & margin
P/E ratio
24.0×
FSL is 0% above the sector median of 24.0×
FSL24.0×
Sector median24.0×
 Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Trend
Sales1,5571,5291,5401,5971,6701,7911,9252,1022,1612,2182,3122,4432,583
Expenses1,3131,2891,3111,3591,4201,5211,6381,7851,8291,8711,9362,0402,153
Operating Profit244240229237250270287318333347376403430
OPM %16%16%15%15%15%15%15%15%15%16%16%16%17%
Other Income132171532-37271-97-2
Interest21252625273234394343434352
Depreciation64616566677379849197110111116
Profit before tax172155154161159167171201202213224152261
Tax %18%19%18%20%16%19%19%20%20%21%20%21%21%
Net Profit141126127129134135138160161169180120205
EPS in Rs2.021.791.801.831.901.921.962.272.272.392.541.702.90
Raw PDF

Earnings

EResults dates & reactions
Next results
6 Aug '26scheduled

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

Avg earnings-day move −0.69% · closed higher next day 18 of last 59
 Q1FY24Q2FY24Q3FY24Q4FY24Q1FY25Q2FY25Q3FY25Q4FY25†Q1FY26Q2FY26Q3FY26Q4FY26
Broadcast2 Aug '23◦8 Nov '23◦7 Feb '24◦3 May '24◦30 Jul '24◦28 Oct '24◦7 Feb '25◦8 May '25◦30 Jul '25◦4 Nov '25◦3 Feb '26◦6 May '26
Earnings day−0.66%+0.47%+4.81%−5.02%+0.80%−7.85%−0.78%+0.23%+2.29%−0.35%−1.66%+11.33%
+1 day+2.97%−1.50%−0.41%−8.22%+10.96%−9.19%+0.75%+6.23%+1.48%−3.43%−3.54%+7.57%
+5 days+2.52%+2.52%−2.93%−11.51%+6.44%+2.12%−2.76%+13.69%+10.72%+3.39%−7.88%+11.06%
+15 days+16.16%+10.57%−0.48%−6.59%+17.20%−7.56%−0.20%+14.52%+10.21%−0.77%−29.41%+21.20%
+30 days+16.99%+16.08%−6.89%−3.83%+17.39%−0.11%−8.42%+15.82%+10.12%−2.89%−28.90%+9.77%
FilingXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRL

Corporate actions

CLast 6 months
KindValueEx-dateRecord
dividend
Interim Dividend - Rs 5.50 Per Share
5.5020 Feb '2620 Feb '26

Shareholding

Sas of Jun 2026
53.66%Promoter
Promoters53.66%
FIIs8.38%0.47
DIIs25.41%0.08
Public11.71%0.66
Ownership trend

Peers

P7 companies
Valuation vs quality
P/E × ROCE · bubble = market cap
NameCMPP/EMkt CapDiv YldNP QtrQtr Profit VarSales QtrQtr Sales VarROCE
Firstsour.Solu.₹253.5823.9817,9292.17%205+27.72%2,583+19.52%16.80%
eClerx Services₹1,861.5024.7917,5080.03%190+24.45%1,107+23.27%34.81%
RPSG Ventures₹893.95—2,9580.00%−72−327.88%2,927+15.18%10.61%
Hinduja Global₹422.55—1,9660.00%−14−430.06%1,085−6.58%1.42%
One Point One₹53.9836.141,4190.00%10+18.08%96+43.48%10.88%
Alldigi Tech₹822.7513.601,2547.29%18+21.69%150+4.43%27.89%
NSB BPO₹65.7010.251310.00%7+20.03%88+29.95%8.15%
Median: 7 Co.₹422.5523.981,9660.00%10+20.03%1,085+19.52%10.88%

Filings

D
Annual reports15
Financial Year 2026bseFinancial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bse
Concall transcripts112
TranscriptMay 2026PPTMay 2026PPTMay 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025PPTJul 2025PPTJul 2025TranscriptMay 2025PPTMay 2025PPTApr 2025RECApr 2025TranscriptMar 2025PPTMar 2025PPTFeb 2025PPTFeb 2025RECFeb 2025
Credit ratings6
Rating update 16 Dec 2025careRating update 9 Dec 2025crisilRating update 17 Dec 2024careRating update 25 Sep 2024crisilRating update 18 Dec 2023careRating update 28 Jun 2023crisil
Announcements5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 21 Jul - Conference call on August 6, 2026 to discuss Q1 FY27 financial performance.Board Meeting Intimation for Consideration And Approval Of Audited Standalone And Consolidated Financial Results For The Quarter Ended 30Th June 2026 20 Jul - Board to meet on 6 August 2026 for Q1 FY27 audited standalone and consolidated results.Announcement under Regulation 30 (LODR)-Newspaper Publication 15 JulBusiness Responsibility and Sustainability Reporting (BRSR) 14 Jul - Firstsource filed FY2025-26 BRSR; RBI compounding fee of Rs 265,912 for delayed ESOP filings.Reg. 34 (1) Annual Report. 14 Jul