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Firstsource Solutions Ltd

Firstsource Solutions

Mid Cap34,651 EmployeesIPO 2007
Current Price
222.06
4.06 (1.86%)Updated
NSE :FSL
BSE :532809
Valuation vs Sector
P/E Ratio
23.69vs 35.78
P/B Ratio
3.42vs 8.88
Div Yield
0.00%vs 1.66%
Today's Range
213.1
222.06
indicator
225.34
52 Week Range
52W Low202.00
52W High403.80
222.06
indicator
Downside9.93%
Upside81.84%

Price Chart

Compare with Peers

Historical Ratios

Track top 12 most important financial ratios

P/E Ratio: Price to Earnings - Most used valuation metric

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Analyzing Investment Quality

Processing 9 key metrics...

Key Metrics

Hover for details

Valuation

Market Cap
17,585.08 Cr
Market Cap
Total market value of company
P/E Ratio
27.92
P/E Ratio
Price to Earnings. Lower is generally better (<25 is good)
P/B Ratio
5.20
P/B Ratio
Price to Book Value. <3 may indicate undervaluation
EPS
8.92
EPS
Earnings Per Share. Higher and growing is positive

Profitability

ROE
8.04%
ROE
Return on Equity. >15% is good, >20% is excellent
ROCE
15.40%
ROCE
Return on Capital Employed. >15% is good
Net Margin
6.90%
Net Margin
Net profit as % of revenue. >10% is good
Operating Margin
-%
Operating Margin
Operating profit margin. >15% is good

Growth

EPS Growth (5Y)
11.50%
EPS Growth (5Y)
5-year EPS growth. >15% is strong
Revenue Growth (5Y)
14.26%
Revenue Growth (5Y)
5-year revenue growth. >10% is good
Qtr Sales Growth
23.80%
Qtr Sales Growth
Quarter-over-quarter sales growth
Qtr Profit Growth
25.20%
Qtr Profit Growth
Quarter-over-quarter profit growth

Financial Health

Debt/Equity
0.63
Debt/Equity
Financial leverage. <1 is good, <0.5 is excellent
Book Value
59.53
Book Value
Net asset value per share
Dividend Yield
-%
Dividend Yield
Annual dividend as % of price. >2% is good
Promoter Holding
53.70%
Promoter Holding
Promoter stake. >50% shows confidence
Good
Average
Needs Attention

SWOT Analysis

Strengths

5 points
  • Firstsource Solutions demonstrates strong quarterly growth, with a 23.8% increase in Qtr sales and a 25.2% rise in quarterly profits. This showcases operational efficiency and robust market demand, suggesting a healthy growth trajectory.
  • The company's Return on Equity (ROE) stands at 15%, indicating efficient use of shareholder investments to generate profits. Coupled with a 15.4% ROCE, this highlights effective capital management and strong profitability.

Weaknesses

5 points
  • Firstsource Solutions' Price-to-Book (P/B) ratio of 5.98 suggests the stock might be overvalued relative to its net asset value. This poses a risk if market sentiment turns negative, potentially leading to a correction.
  • The company's debt-to-equity ratio of 0.63 indicates a notable level of debt. While not excessively high, this leverage could heighten financial vulnerability during economic downturns or rising interest rate environments.

Opportunities

3 points
  • The growing global demand for Business Process Outsourcing (BPO) and Knowledge Process Outsourcing (KPO) services presents a significant growth avenue for Firstsource Solutions, driven by digital transformation initiatives.
  • Expansion into new geographic markets or diversification of service offerings within the BPO/KPO sector could unlock further revenue streams, leveraging the company's established operational efficiency.

Threats

4 points
  • Intense competition within the BPO/KPO sector, including from peers like eClerx Services with a higher ROCE of 27.97%, could pressure Firstsource Solutions' margins and market share in the long run.
  • Global economic slowdowns or geopolitical uncertainties could reduce client spending on outsourcing services, impacting Firstsource Solutions' revenue growth and profitability significantly.

Segment-wise Financial Analysis

Fetching Financials...
Fetching Balance Sheet...
Fetching Cash Flow...

Shareholding Pattern

Loading shareholding data...

Company Insider Trading Activity

Recent Insider Transactions

Insider NameTransaction DateFiling DateTotal SharesChangePriceAction
Firstsource Employee Benefit Trust
20 Mar 202521 Mar 202576.70 L
47,322
₹304.92BUY
Rajiv Malhotra
20 Mar 202521 Mar 202512,500
14,000
₹300.28SELL
Firstsource Employee Benefit Trust
19 Mar 202521 Mar 202576.23 L
1.42 L
₹292.27BUY
Firstsource Employee Benefit Trust
25 Mar 202528 Mar 202577.32 L
65,000
₹328.02BUY
Firstsource Employee Benefit Trust
24 Mar 202528 Mar 202576.48 L
21,779
₹33.65SELL
Firstsource Employee Benefit Trust
24 Mar 202528 Mar 202576.70 L
721
₹321.2SELL
Firstsource Employee Benefit Trust
21 Mar 202528 Mar 202576.67 L
19,126
₹310.13BUY
Rajiv Malhotra
13 May 202513 May 202512,284
216
₹353.25SELL
Dinesh Jain
14 May 202514 May 20251.35 L
15,000
₹369.8SELL
Firstsource Employee Benefit Trust
13 May 202514 May 202576.13 L
1.19 L
₹360.68SELL
Firstsource Employee Benefit Trust
21 May 202521 May 202569.51 L
2.72 L
₹17.16SELL
Firstsource Employee Benefit Trust
20 May 202521 May 202572.23 L
12,500
₹366.86SELL
Firstsource Employee Benefit Trust
19 May 202521 May 202572.36 L
25,460
₹375.09SELL
Firstsource Employee Benefit Trust
15 May 202521 May 202572.61 L
3.52 L
₹13.2SELL
Rajiv Malhotra
13 May 202521 May 2025-
12,284
₹354.1SELL
Aftab Javed
23 May 202523 May 2025-
5,000
₹386SELL
Roshan Halwai
14 May 202527 May 20253,600
400
₹376SELL
Roshan Halwai
13 May 202527 May 20254,000
500
₹356SELL
Roshan Halwai
12 May 202527 May 20254,500
473
₹338SELL
Aftab Javed
29 May 202529 May 2025-
19,997
₹394SELL
Prashanth Nandella
29 May 202505 Jun 20253.45 L
15,000
₹393.66SELL
Arun Tyagi
29 May 202505 Jun 202596,000
6,500
₹395SELL
Firstsource Employee Benefit Trust
28 May 202505 Jun 202568.98 L
38,433
₹10SELL
Prashanth Nandella
28 May 202505 Jun 20253.60 L
20,000
₹388.68SELL
Firstsource Employee Benefit Trust
27 May 202505 Jun 202569.37 L
1,840
₹386.16SELL
Firstsource Employee Benefit Trust
26 May 202505 Jun 202569.39 L
12,864
₹389.09SELL
Arun Tyagi
26 May 202505 Jun 20251.02 L
3,750
₹389SELL
Firstsource Employee Benefit Trust
04 Jun 202509 Jun 202568.17 L
81,380
₹380SELL
Firstsource Employee Benefit Trust
04 Jun 202509 Jun 202566.48 L
1.69 L
₹10.92SELL
Firstsource Employee Benefit Trust
11 Jun 202517 Jun 202566.18 L
30,050
₹10SELL

Corporate Action

Company Announcements

Technical Analysis & Indicators

Standard pivot points - most widely used

Pivot Points (CLASSIC)

LevelPriceDistance% Change
R4251.71+₹29.65+13.35%
R3239.47+₹17.41+7.84%
R2232.41+₹10.35+4.66%
R1227.23+₹5.17+2.33%
PIVOT220.17-1.89-0.85%
CURRENT222.06--
S1190.51-₹31.55-14.21%
S2202.75-₹19.31-8.69%
S3207.93-₹14.13-6.36%
S4214.99-₹7.07-3.18%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: N/AP: N/ATC: N/A
R1
R2
R3
R4
indicator
LTP: N/A
PDH: N/A
PDL: N/A
● Market Sentiment

is trading CPR, indicating

● CPR Width

CPR is

● Opening Range

Day's range: ~

● Price Position

Trading Inside opening range

Delivery Volume Analysis & Trading Activity

Latest Volume
1.67M
(12 Mar 2026)
-24.2% vs avg
Delivery %
31.7%
(12 Mar 2026)
-3.8% vs avg
Avg Volume (20D)
2.20M
(12 Feb - 12 Mar)
20-day average
Avg Delivery %
35.5%
(12 Feb - 12 Mar)
Trend ↓
Delivery % indicates the percentage of traded volume that resulted in actual delivery. Higher delivery % (>50%) suggests genuine buying interest and stronger hands.

Peer Comparison & Industry Benchmarking

Quick Compare

Largest by Market Cap
Sagility Ltd
21,379.63 ₹ Cr
Best Profit Growth
Sagility Ltd
566.00 %
Highest Dividend Yield
Computer Age Management Services Ltd
1.96 %

Peer Comparison

Company Name
BLS
BLS International Services Ltd
BLSE
BLS E-Services Ltd
CAMS
Computer Age Management Services Ltd
DATAMATICS
Datamatics Global Services Ltd
DIGITIDE
Digitide Solutions Ltd
ECLERX
eClerx Services Ltd
ONEPOINT
One Point One Solutions Ltd
RPSGVENT
RPSG Ventures Ltd
SAGILITY
Sagility Ltd

About

FSL

Firstsource Solutions Ltd

Firstsource Solutions Limited (FSL) is a global business process outsourcing (BPO) company offering tech-enabled services across various sectors. Operating internationally with a significant presence in India, the UK, the US, and other regions in Asia, Africa, and Oceania, FSL provides a wide range of solutions tailored to specific industry needs.

A key area of FSL's business is Banking and Financial Services. Their offerings in this sector encompass the entire customer lifecycle, from acquisition and onboarding to transaction processing, dispute resolution, and account closure. They also provide comprehensive support for lending processes, including origination, post-closing activities, and quality control. Furthermore, they specialize in fraud detection and financial crime prevention.

FSL's expertise extends to the Healthcare industry, where they offer a comprehensive suite of services including claims processing, enrollment and billing, customer service, and care coordination. They handle various aspects of healthcare administration, such as provider credentialing, data management, benefit coding, and medical coding. Their services also include crucial functions like denial management, patient billing, and receivables management.

In the Communication, Media, and Technology sector, FSL supports clients with sales and retention strategies, technical operations management, and receivables management. They also leverage generative AI to enhance efficiency and effectiveness. Their Media/EdTech solutions include content development, learner support, student enrollment, and digital collections.

Beyond these core sectors, FSL serves diverse industries by providing services such as customer retention and loyalty programs, meter-to-cash operations, crisis management, smart meter conversions, debt management, and complaint handling. They also offer consulting services to help clients optimize their business processes. In summary, FSL positions itself as a versatile provider of technology-driven business process solutions across a broad spectrum of industries, leveraging its global footprint and expertise to cater to diverse client needs.

COMPANY FACTS - FSL

Registered Address

5th Floor, Paradigm B wing, Mindspace, link Road, Malad (West)

Mumbai

MAHARASHTRA

IN

Company Details

Group: Commercial & Professional Services

Sector: Industrials

Industry: Professional Services

Exchange: NATIONAL STOCK EXCHANGE OF INDIA

Employees: 34,651

IPO Date: 26/02/2007

MANAGEMENT - FSL

Dr. Sanjiv Goenka

Non-Executive Chairman of the Board

Mr. Sohit Brahmawar

President, Chief Operating Officer

Mr. Ritesh Idnani

Chief Executive Officer, Managing Director, Director

Mr. Shashwat Goenka

Non-Executive Vice Chairman of the Board

Mr. Akash Pugalia

President - Global Trust and Safety

Mr. Aftab Javed

Chief Human Resource Officer

Mr. Aniket Maindarkar

Chief Marketing Officer

Ms. Pooja Nambiar

Compliance Officer, Company Secretary

Mr. Ashish Chawla

Head - CX and Consulting

Mr. Rajiv Malhotra

Head - Europe, Middle East and Africa

Mr. Arjun Mitra

Head - Collections

Mr. Vivek Sharma

Head - CMT, BFS and Emerging Geos

Investor Questions Answered

Firstsource Solutions Ltd (FSL) Stock FAQs

Get answers to the most common questions about Firstsource Solutions Ltd stock price, fundamentals, financial metrics, and investment analysis

The current share price of Firstsource Solutions Ltd (FSL) is ₹222.06. Today, the stock has gained by ₹4.06 (1.86%), trading in a range of ₹213.1 to ₹225.34. The stock opened at ₹218 with a trading volume of 16,71,380 shares.
Firstsource Solutions Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹17,585.08 crores, P/E ratio of 27.92, ROE of 8.04%, and ROCE of 15.40%. The dividend yield stands at 0.00%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
The 52-week high price of Firstsource Solutions Ltd (FSL) is ₹403.8, while the 52-week low is ₹202. Currently trading at ₹222.06, the stock is 9.9% away from its 52-week low and 45.0% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
Whether to buy Firstsource Solutions Ltd stock at ₹222.06 depends on multiple factors. The stock is currently trading with a P/E ratio of 27.92 and P/B ratio of N/A. Today's performance shows a gain of 1.86%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
Firstsource Solutions Ltd offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹222.06, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
Firstsource Solutions Ltd's key financial metrics include: P/E Ratio: 27.92, P/B Ratio: N/A, ROE: 8.04%, ROCE: 15.40%, Dividend Yield: 0.00%, EPS: ₹8.92, Book Value: ₹59.53, Debt-to-Equity: 0.63, and Current Ratio: N/A. The company's market cap stands at ₹17,585.08 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Firstsource Solutions Ltd stock opened at ₹218 and is currently trading at ₹222.06, showing a gain of ₹4.06 (1.86%). The intraday high is ₹225.34 and low is ₹213.1. The trading volume stands at 16,71,380 shares, indicating strong market participation today.
Firstsource Solutions Ltd has a Price-to-Earnings (P/E) ratio of 27.92, which means investors are willing to pay ₹27.92 for every ₹1 of earnings. With an EPS of ₹8.92, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
Firstsource Solutions Ltd has a market capitalization of ₹17,585.08 crores, making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹222.06) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.
Firstsource Solutions Ltd has a book value of ₹59.53 per share and a Price-to-Book (P/B) ratio of N/A. The current market price is ₹222.06, which is 273.0% above the book value. A P/B ratio below 1 may indicate undervaluation or asset quality concerns.
Firstsource Solutions Ltd has a Return on Equity (ROE) of 8.04% and Return on Capital Employed (ROCE) of 15.40%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These returns may need improvement for better profitability. Higher percentages generally indicate better financial performance.
Firstsource Solutions Ltd operates in the diversified sector and belongs to the general industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.
Firstsource Solutions Ltd has a debt-to-equity ratio of 0.63, which measures the company's financial leverage by comparing total debt to shareholders' equity. This moderate ratio indicates balanced use of debt and equity. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.
Firstsource Solutions Ltd has an Earnings Per Share (EPS) of ₹8.92, which represents the company's profit allocated to each outstanding share. With a current stock price of ₹222.06 and P/E ratio of 27.92, investors are paying 27.92 times the annual earnings per share. The company may need to improve its earnings performance. Track EPS growth over quarters to assess earnings momentum.
Firstsource Solutions Ltd has reported a sales growth of N/A% and profit growth of N/A%. The company may be facing growth challenges or operating in a mature market. Consistent growth over multiple quarters is a positive indicator for long-term investors. Compare these growth rates with industry peers for better perspective.
Firstsource Solutions Ltd has a current ratio of N/A, which measures the company's ability to pay short-term obligations with current assets. A ratio below 1 may indicate potential liquidity concerns. This metric is crucial for assessing the company's working capital management and financial safety.
To analyze Firstsource Solutions Ltd stock, consider: 1) Fundamental Analysis - Review P/E (27.92), ROE (8.04%), debt-to-equity (0.63), and growth rates. 2) Technical Analysis - Check 52-week range (₹202.00 - ₹403.80), moving averages, and chart patterns. 3) Valuation - Compare current price (₹222.06) with book value (₹59.53) and industry peers. 4) Financial Health - Assess current ratio (N/A) and cash flows. 5) Growth Prospects - Evaluate sales growth (N/A%) and profit growth (N/A%). Always diversify and consult a financial advisor.
The face value (or par value) of Firstsource Solutions Ltd share is ₹10.00. Face value is the nominal value of a share as stated in the company's charter and is used for accounting purposes and calculating dividends. The current market price of ₹222.06 is 2121x the face value. Face value remains constant unless the company undergoes a stock split or bonus issue, while market price fluctuates based on demand and supply.
Investing in Firstsource Solutions Ltd carries several risks: 1) Market Risk - Stock price volatility (52-week range: ₹202.00 - ₹403.80). 2) Business Risk - Industry-specific challenges in the sector. 3) Financial Risk - Debt-to-equity ratio of 0.63 indicates leverage. 4) Liquidity Risk - Based on trading volume of 16,71,380 shares. 5) Valuation Risk - P/E of 27.92 may indicate over/undervaluation. 6) Economic Risk - Macroeconomic factors affecting the industry. Diversify your portfolio and invest only what you can afford to lose.
Firstsource Solutions Ltd operates in the industry with key metrics: P/E ratio of 27.92, ROE of 8.04%, market cap of ₹17,585.08 crores, and dividend yield of 0.00%. To make an informed comparison, analyze these metrics against industry peers considering factors like revenue growth (N/A%), profit margins, debt levels (D/E: 0.63), and market position. Use our peer comparison tool on this page to see detailed side-by-side analysis with competitors.
Target prices for Firstsource Solutions Ltd vary among analysts and depend on multiple factors including earnings projections, industry trends, and market conditions. The stock is currently trading at ₹222.06, with a 52-week range of ₹202.00 to ₹403.80. Based on fundamentals like P/E (27.92), ROE (8.04%), and growth rates, analysts may have different target prices. Always refer to recent research reports from reputed brokerages and make decisions based on your own analysis and risk appetite.
Consider selling Firstsource Solutions Ltd stock when: 1) Target Price Achieved - If the stock reaches your predetermined target from current ₹222.06. 2) Fundamental Deterioration - Declining ROE (currently 8.04%), increasing debt (D/E: 0.63), or falling growth rates. 3) Better Opportunities - Finding stocks with superior risk-reward ratios. 4) Portfolio Rebalancing - When the stock becomes overweight in your portfolio. 5) Changed Investment Thesis - If reasons for buying no longer hold. 6) Stop Loss - If price falls below your risk threshold. Always base decisions on thorough analysis rather than emotions.
Tax implications for Firstsource Solutions Ltd stock investments: 1) Short-term Capital Gains (STCG) - If sold within 1 year, gains taxed at 15% plus cess. 2) Long-term Capital Gains (LTCG) - If held over 1 year, gains above ₹1 lakh taxed at 10% without indexation. 3) Dividend Income - Dividends (current yield: 0.00%) are taxable as per your income tax slab. 4) Securities Transaction Tax (STT) - Applicable on both buy and sell transactions. 5) Intraday Trading - Treated as speculative income, taxed as per slab. Tax laws change periodically, so consult a tax advisor for personalized guidance and latest regulations.