FSL vs HGS: Stock Comparison
FIRSTSOURCE SOLU. is the larger company by market capitalisation. FIRSTSOURCE SOLU. shows a higher ROE, a higher dividend yield and faster revenue growth, while HINDUJA GLOBAL SOLS. shows a lower P/E and lower leverage. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Metric snapshot
FSL leads 9; HGS leads 4 of 13
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | FSL | HGS |
|---|---|---|
| Sector | Services | Services |
| Industry | Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO) | Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO) |
Price
| Metric | FSL | HGS |
|---|---|---|
| Live Price | ₹269.45 | ₹377.8 |
| Day Change | -1.46% | -0.42% |
| Volume | 3.32 L | 7,901 |
| 52-Week High | ₹374.5 | ₹545 |
| 52-Week Low | ₹202 | ₹342.05 |
| Distance from 52W High | -28.05% | -30.68% |
Valuation
| Metric | FSL | HGS |
|---|---|---|
| Market Cap | ₹18,777 Cr | ₹1,754 Cr |
| P/E Ratio | 27.98x | 0x |
| P/B Ratio | 4.28x | 0.22x |
| EPS | ₹9.52 | ₹-28.8 |
| Book Value | ₹63.51 | ₹1,785.69 |
| Dividend Yield | 2.01% | 1.32% |
Growth
| Metric | FSL | HGS |
|---|---|---|
| Revenue Growth (TTM YoY) | 19.5% | -6.6% |
| EPS Growth (TTM YoY) | 27.9% | 0% |
| Qtr Sales Growth | -67.74% | 134.27% |
| Qtr Profit Growth | 24.64% | -6.78% |
Profitability & Leverage
| Metric | FSL | HGS |
|---|---|---|
| ROE | 15.38% | -1.7% |
| ROCE | 13.5% | 1.47% |
| Net Margin | 6.92% | 0.75% |
| Operating Margin | 10.79% | 3.12% |
| Debt to Equity | 0.44x | 0.15x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | FSL | HGS |
|---|---|---|
| Promoter Holding | 53.66% | 53.95% |
| FII Holding | 8.38%▼ 0.48 pp | 11.73%▼ 0.04 pp |
| DII Holding | 25.41%▼ 0.08 pp | 0.06% |
| Public Holding | 11.7%▲ 0.66 pp | 20.22%▲ 0.03 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: FIRSTSOURCE SOLU. and HINDUJA GLOBAL SOLS..
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Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.