Firstsource Solutions Ltd (FSL)
₹258.50
Mkt cap
₹18,354 Cr
P/E ratio
23.00
P/B
4.17
Div yield
2.12%
ROE
17.60%
ROCE
16.80%
EPS (TTM)
₹11.24
Book value
₹62
52W range
204–376
Sector
Services
Price history
Previous close
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 532809
Health check
Mixed
ValuationFair
ProfitabilityStrong
GrowthModerate
TechnicalsBearish
52-week range
−31.21% from high₹259
₹204+26.47% from low₹376
Current
₹258.50
Prev close
₹259.40
Day
−0.35%
Price performance
1D
−0.35%
1W
−2.82%
1M
−7.58%
3M
+3.30%
6M
+15.86%
1Y
−29.52%
YTD
−24.09%
Financials
Revenue, profit & margin
P/E ratio
23.0×
FSL is 0% above the sector median of 23.0×
FSL23.0×
Sector median23.0×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,529 | 1,540 | 1,597 | 1,670 | 1,791 | 1,925 | 2,102 | 2,161 | 2,218 | 2,312 | 2,443 | 2,583 | 2,725 | |
| Expenses | 1,289 | 1,311 | 1,359 | 1,420 | 1,521 | 1,638 | 1,785 | 1,829 | 1,871 | 1,936 | 2,040 | 2,153 | 2,274 | |
| Operating Profit | 240 | 229 | 237 | 250 | 270 | 287 | 318 | 333 | 347 | 376 | 403 | 430 | 451 | |
| OPM % | 16% | 15% | 15% | 15% | 15% | 15% | 15% | 15% | 16% | 16% | 16% | 17% | 17% | |
| Other Income | 2 | 17 | 15 | 3 | 2 | -3 | 7 | 2 | 7 | 1 | -97 | -2 | -66 | |
| Interest | 25 | 26 | 25 | 27 | 32 | 34 | 39 | 43 | 43 | 43 | 43 | 52 | 52 | |
| Depreciation | 61 | 65 | 66 | 67 | 73 | 79 | 84 | 91 | 97 | 110 | 111 | 116 | 115 | |
| Profit before tax | 155 | 154 | 161 | 159 | 167 | 171 | 201 | 202 | 213 | 224 | 152 | 261 | 219 | |
| Tax % | 19% | 18% | 20% | 16% | 19% | 19% | 20% | 20% | 21% | 20% | 21% | 21% | 24% | |
| Net Profit | 126 | 127 | 129 | 134 | 135 | 138 | 160 | 161 | 169 | 180 | 120 | 205 | 166 | |
| EPS in Rs | 1.79 | 1.80 | 1.83 | 1.90 | 1.92 | 1.96 | 2.27 | 2.27 | 2.39 | 2.54 | 1.70 | 2.90 | 2.35 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.95% · closed higher next day 16 of last 60
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25† | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 8 Nov '23◦ | 7 Feb '24◦ | 3 May '24◦ | 30 Jul '24◦ | 28 Oct '24◦ | 7 Feb '25◦ | 28 Apr '25◦ | 30 Jul '25◦ | 4 Nov '25◦ | 3 Feb '26◦ | 6 May '26 | 6 Aug '26 |
| Earnings day | +0.47% | +4.81% | −5.02% | +0.80% | −7.85% | −0.78% | −0.80% | +2.29% | −0.35% | −1.66% | +11.33% | −4.80% |
| +1 day | −1.50% | −0.41% | −8.22% | +10.96% | −9.19% | +0.75% | −3.91% | +1.48% | −3.43% | −3.54% | +7.57% | −4.85% |
| +5 days | +2.52% | −2.93% | −11.51% | +6.44% | +2.12% | −2.76% | −11.48% | +10.72% | +3.39% | −7.88% | +11.06% | −9.13% |
| +15 days | +10.57% | −0.48% | −6.59% | +17.20% | −7.56% | −0.20% | +5.66% | +10.21% | −0.77% | −29.41% | +21.20% | −8.39% |
| +30 days | +16.08% | −6.89% | −3.83% | +17.39% | −0.11% | −8.42% | +9.11% | +10.12% | −2.89% | −28.90% | +9.77% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Jun 202653.66%Promoter
Promoters53.66%
FIIs8.38%0.47
DIIs25.41%0.08
Public11.71%0.66
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| FSL | ₹259.60 | 22.99 | 18,354 | 2.12% | 166 | +30.01% | 2,725 | +22.87% | 16.80% |
| ECLERX | ₹1,888.80 | 24.37 | 17,764 | 0.05% | 164 | +15.99% | 1,152 | +23.31% | 34.42% |
| RPSGVENT | ₹816.50 | — | 2,702 | 0.00% | 253 | +34.95% | 3,576 | +20.36% | 10.61% |
| HGS | ₹395.55 | — | 1,840 | 1.26% | −66 | −45.26% | 1,050 | −0.56% | 1.46% |
| ONEPOINT | ₹57.73 | 32.96 | 1,518 | 0.00% | 16 | +72.78% | 158 | +129.42% | 10.88% |
| ALLDIGI | ₹810.30 | 13.40 | 1,235 | 7.40% | 18 | +21.69% | 150 | +4.43% | 27.89% |
| NSBBPO | ₹60.94 | 9.51 | 122 | 0.00% | 7 | +20.03% | 88 | +29.95% | 8.15% |
| Median: 7 Co. | ₹395.55 | 22.99 | 1,840 | 0.05% | 18 | +21.69% | 1,050 | +22.87% | 10.88% |
Filings
Annual reports15
Annual Report 2026bseAnnual Report 2025bseAnnual Report 2024bseAnnual Report 2023bseAnnual Report 2022bseAnnual Report 2021bseAnnual Report 2020bseAnnual Report 2019bseAnnual Report 2018bseAnnual Report 2017bseAnnual Report 2016bseAnnual Report 2015bseAnnual Report 2014bseAnnual Report 2013bseAnnual Report 2012bse
Concall transcripts115
TranscriptAug 2026PPTAug 2026PPTAug 2026TranscriptMay 2026PPTMay 2026PPTMay 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025PPTJul 2025PPTJul 2025TranscriptMay 2025PPTMay 2025PPTApr 2025RECApr 2025TranscriptMar 2025PPTMar 2025
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 4 Sep - The Intimation of Investor/Analyst meet scheduled to be held on Friday, September 11, 2026, Monday, September 21, 2026 and Wednesday, September 23, 2026, is as …Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 28 AugAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 20 Aug - The Intimation of Investor/Analyst sessions scheduled to be held on Wednesday, August 26, 2026, is as enclosed.Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 19 AugAnnouncement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 12 Aug