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Firstsource Solutions Limited

NSE: FSLServices

Firstsource Solutions Limited Share Price & Analysis

₹264.40−0.34%Updated 4 Sept 2026, 03:30 pm IST
LTP
₹264.40−0.34%
Open
₹265.60
High
₹273.85
Low
₹263.75
Close
₹264.40
52W High
₹380.00
52W Low
₹201.00
Volume
943K
Lot Size
1
Sector
Services
Market Cap
₹19K Cr
Face Value
₹10
Mid CapNIFTY 500SMALLCAP 100Nifty Smallcap 250

Price Chart

Candle
Range

Fundamentals

P/E
23.40
Sector P/E
42.90
P/B
4.27
EPS
₹9.57
ROE
17.60%
ROCE
16.80%
D/E Ratio
0.67
Div Yield
2.08%
Book Value
₹62.00

Strengths

  • Strong return on equity (ROE 17.6%)
  • Efficient capital deployment (ROCE 16.8%)
  • Attractively valued vs sector (P/E 23.4x vs industry 42.9x)
  • Regular dividends — yield 2.1%

Concerns

    Peer Comparison

    CompanyCMPMkt CapP/EP/BROE %ROCE %D/E
    ADANIPORTS
    Adani Ports and Special Economic Zone Limited
    ₹1,707
    		₹3.9L Cr29.64.116.414.10.85
    INDIGO
    InterGlobe Aviation Limited
    ₹4,977
    		₹1.9L Cr37.427.65-27.15.248.67
    GMRAIRPORT
    GMR AIRPORTS LIMITED
    ₹97
    		₹1.0L Cr183-37.48—11.6-15.17
    JSWINFRA
    JSW Infrastructure Limited
    ₹344
    +1.10%    		₹78K Cr506.6415.313.60.52
    CONCOR
    Container Corporation of India Limited
    ₹508
    		₹39K Cr31.22.999.8112.40.07
    DELHIVERY
    Delhivery Limited
    ₹458
    		₹34K Cr2883.55-0.211.010.17
    REDINGTON
    Redington Limited
    ₹353
    −3.41%    		₹29K Cr16.11.8416.918.40.27

    Showing 7 peers in the same sector · Sorted by market cap

    Shareholding Pattern

    FSL · as of Mar 2026

    Promoters53.66%
    FII10.07%0.94pp
    DII22.90%2.01pp
    Public12.26%1.10pp
    Others1.11%0.02pp
    CategoryDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
    Promoters53.66%53.66%53.66%53.66%53.66%53.66%
    FII9.89%9.59%9.36%11.63%11.01%10.07%
    DII18.16%19.27%19.52%18.60%20.89%22.90%
    Public16.86%16.15%16.15%15.00%13.36%12.26%
    Others1.44%1.35%1.32%1.12%1.09%1.11%

    Corporate Events

    To consider and approve the financial results for the period ended Jun 30, 2026

    Results5 Aug 2026

    Interim Dividend - Rs 5.50 Per Share

    Dividend19 Feb 2026

    Interim Dividend - Rs 4 Per Share

    Dividend20 Feb 2025

    Annual General Meeting

    AGM22 Jul 2024

    Interim Dividend - Rs 3.50 Per Share

    Dividend15 Feb 2024

    Annual General Meeting

    AGM25 Jul 2023

    Latest News

    All news

    Firstsource reports Q1FY26 financial results

    *Firstsource reports Q1FY26 financial results*. Firstsource Solutions Limited has announced its financial results for the quarter ended June 30, 2026. The outcome of the board meeting includes the formal approval and filing of these results with the exchange. As a key player in the IT and BPO space, any earnings deviation could influence sector sentiment. 📊 *STOCKS:* FSL | 🏢 *SECTOR:* IT | #HIGHIMPACT #Earnings

    NSE Filing6 Aug
    High Impact

    M&M FSL to merge with Mahindra Finance

    *M&M FSL to merge with Mahindra Finance* — The board approved the scheme of merger, consolidating operations under Mahindra & Mahindra. This move aims to streamline the financial services business and unlock shareholder value. The merged entity will strengthen the group’s rural financing footprint. 📊 *STOCKS:* $M&MFIN | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Merger

    NSE Filing5 Aug
    High Impact

    Firstsource Solutions shares up on investor presentation

    *Firstsource Solutions shares see mild movement after investor presentation.* The filing indicates ongoing investor engagement without major announcements. **No financial figures or strategic shifts** were disclosed that could trigger strong market reaction. The stock remains range-bound with low volatility. 📊 *STOCKS:* $FSL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorPresentation

    NSE Filing6 Aug
    Low Impact

    Firstsource Solutions shares flat ahead of investor presentation

    Firstsource Solutions Limited is set to present investor updates as per a corporate filing. The presentation may provide insights into business strategy and performance trends. No immediate financial figures or major announcements were disclosed. Traders await clarity on growth drivers and margins. 📊 *STOCKS:* FSL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorPresentation

    NSE Filing6 Aug
    Low Impact

    Financials

    Quarterly Results

    MetricMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
    Revenue
    ₹2.6K Cr
    5.7%
    ₹2.4K Cr
    5.7%
    ₹2.3K Cr
    4.2%
    ₹2.2K Cr
    2.6%
    ₹2.2K Cr
    2.8%
    ₹2.1K Cr
    9.2%
    ₹1.9K Cr
    7.5%
    ₹1.8K Cr
    Op. Profit
    ₹430 Cr
    6.7%
    ₹403 Cr
    7.2%
    ₹376 Cr
    8.4%
    ₹347 Cr
    4.2%
    ₹333 Cr
    4.7%
    ₹318 Cr
    10.8%
    ₹287 Cr
    6.3%
    ₹270 Cr
    OPM
    17.0%
    6.3%
    16.0%
    0.0%
    16.0%
    0.0%
    16.0%
    6.7%
    15.0%
    0.0%
    15.0%
    0.0%
    15.0%
    0.0%
    15.0%
    Net Profit
    ₹205 Cr
    70.8%
    ₹120 Cr
    33.3%
    ₹180 Cr
    6.5%
    ₹169 Cr
    5.0%
    ₹161 Cr
    0.6%
    ₹160 Cr
    15.9%
    ₹138 Cr
    2.2%
    ₹135 Cr
    EPS (₹)
    2.9
    70.6%
    1.7
    33.1%
    2.54
    6.3%
    2.39
    5.3%
    2.27
    0.0%
    2.27
    15.8%
    1.96
    2.1%
    1.92

    Values in ₹ Cr · Source: Screener.in

    Annual Profit & Loss

    MetricMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
    Revenue
    ₹9.6K Cr
    19.7%
    ₹8.0K Cr
    25.9%
    ₹6.3K Cr
    5.2%
    ₹6.0K Cr
    1.7%
    ₹5.9K Cr
    16.6%
    ₹5.1K Cr
    23.9%
    ₹4.1K Cr
    7.1%
    ₹3.8K Cr
    8.2%
    ₹3.5K Cr
    0.6%
    ₹3.6K Cr
    Expenses
    ₹8.0K Cr
    18.0%
    ₹6.7K Cr
    26.4%
    ₹5.3K Cr
    3.2%
    ₹5.2K Cr
    4.6%
    ₹4.9K Cr
    16.5%
    ₹4.2K Cr
    23.0%
    ₹3.4K Cr
    5.2%
    ₹3.3K Cr
    6.9%
    ₹3.1K Cr
    1.4%
    ₹3.1K Cr
    Op. Profit
    ₹1.6K Cr
    29.0%
    ₹1.2K Cr
    23.4%
    ₹1.0K Cr
    17.5%
    ₹858 Cr
    12.6%
    ₹982 Cr
    17.0%
    ₹839 Cr
    28.3%
    ₹654 Cr
    18.5%
    ₹552 Cr
    17.2%
    ₹471 Cr
    5.4%
    ₹447 Cr
    OPM
    17.0%
    6.3%
    16.0%
    0.0%
    16.0%
    14.3%
    14.0%
    17.6%
    17.0%
    0.0%
    17.0%
    6.3%
    16.0%
    14.3%
    14.0%
    7.7%
    13.0%
    0.0%
    13.0%
    Other Income
    ₹-91 Cr
    1237.5%
    ₹8 Cr
    78.4%
    ₹37 Cr
    71.8%
    ₹131 Cr
    13000.0%
    ₹1 Cr
    100.9%
    ₹-114 Cr
    1366.7%
    ₹9 Cr
    125.0%
    ₹4 Cr
    20.0%
    ₹5 Cr
    66.7%
    ₹3 Cr
    Interest
    ₹230 Cr
    25.0%
    ₹184 Cr
    18.7%
    ₹155 Cr
    40.9%
    ₹110 Cr
    27.9%
    ₹86 Cr
    1.1%
    ₹87 Cr
    4.8%
    ₹83 Cr
    80.4%
    ₹46 Cr
    13.2%
    ₹53 Cr
    1.9%
    ₹54 Cr
    Depreciation
    ₹434 Cr
    32.7%
    ₹327 Cr
    25.8%
    ₹260 Cr
    1.1%
    ₹263 Cr
    5.6%
    ₹249 Cr
    20.9%
    ₹206 Cr
    11.4%
    ₹185 Cr
    150.0%
    ₹74 Cr
    12.1%
    ₹66 Cr
    11.9%
    ₹59 Cr
    PBT
    ₹850 Cr
    14.7%
    ₹741 Cr
    17.6%
    ₹630 Cr
    2.4%
    ₹615 Cr
    4.9%
    ₹647 Cr
    49.8%
    ₹432 Cr
    9.6%
    ₹394 Cr
    9.6%
    ₹436 Cr
    21.8%
    ₹358 Cr
    6.2%
    ₹337 Cr
    Tax %
    21.0%
    5.0%
    20.0%
    11.1%
    18.0%
    12.5%
    16.0%
    5.9%
    17.0%
    6.3%
    16.0%
    14.3%
    14.0%
    7.7%
    13.0%
    44.4%
    9.0%
    47.1%
    17.0%
    Net Profit
    ₹674 Cr
    13.5%
    ₹594 Cr
    15.3%
    ₹515 Cr
    0.2%
    ₹514 Cr
    4.3%
    ₹537 Cr
    48.3%
    ₹362 Cr
    6.5%
    ₹340 Cr
    10.1%
    ₹378 Cr
    15.6%
    ₹327 Cr
    17.2%
    ₹279 Cr
    EPS (₹)
    9.54
    13.4%
    8.41
    15.0%
    7.31
    0.3%
    7.33
    4.7%
    7.69
    47.9%
    5.2
    6.1%
    4.9
    10.4%
    5.47
    14.9%
    4.76
    15.8%
    4.11
    Div Payout
    57.0%
    21.3%
    47.0%
    0.0%
    47.0%
    0.0%
    47.0%
    4.4%
    45.0%
    22.4%
    58.0%
    13.7%
    51.0%
    37.8%
    37.0%
    15.6%
    32.0%
    0.0%

    Values in ₹ Cr · Source: Screener.in

    Balance Sheet

    ItemMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
    Liabilities
    Equity Capital
    ₹697 Cr
    0.0%
    ₹697 Cr
    0.0%
    ₹697 Cr
    0.0%
    ₹697 Cr
    0.0%
    ₹697 Cr
    0.1%
    ₹696 Cr
    0.3%
    ₹694 Cr
    0.4%
    ₹691 Cr
    0.6%
    ₹687 Cr
    0.9%
    ₹681 Cr
    Reserves
    ₹3.7K Cr
    8.4%
    ₹3.4K Cr
    13.3%
    ₹3.0K Cr
    12.5%
    ₹2.7K Cr
    14.3%
    ₹2.3K Cr
    11.1%
    ₹2.1K Cr
    1.5%
    ₹2.1K Cr
    2.1%
    ₹2.0K Cr
    21.9%
    ₹1.7K Cr
    23.6%
    ₹1.3K Cr
    Borrowings
    ₹2.9K Cr
    13.7%
    ₹2.6K Cr
    68.3%
    ₹1.5K Cr
    9.5%
    ₹1.4K Cr
    21.9%
    ₹1.8K Cr
    49.4%
    ₹1.2K Cr
    11.9%
    ₹1.4K Cr
    143.4%
    ₹557 Cr
    16.5%
    ₹667 Cr
    30.9%
    ₹965 Cr
    Other Liabilities
    ₹1.8K Cr
    67.3%
    ₹1.1K Cr
    55.4%
    ₹702 Cr
    10.6%
    ₹785 Cr
    1.4%
    ₹796 Cr
    0.9%
    ₹789 Cr
    100.8%
    ₹393 Cr
    11.6%
    ₹352 Cr
    0.0%
    ₹352 Cr
    11.4%
    ₹316 Cr
    Total Liabilities
    ₹9.1K Cr
    17.7%
    ₹7.8K Cr
    30.8%
    ₹5.9K Cr
    6.9%
    ₹5.5K Cr
    1.2%
    ₹5.6K Cr
    17.4%
    ₹4.8K Cr
    6.0%
    ₹4.5K Cr
    24.4%
    ₹3.6K Cr
    7.7%
    ₹3.4K Cr
    1.9%
    ₹3.3K Cr
    Assets
    Fixed Assets
    ₹5.6K Cr
    11.5%
    ₹5.0K Cr
    29.6%
    ₹3.9K Cr
    3.7%
    ₹3.7K Cr
    0.7%
    ₹3.7K Cr
    24.9%
    ₹3.0K Cr
    4.4%
    ₹2.9K Cr
    29.1%
    ₹2.2K Cr
    6.9%
    ₹2.1K Cr
    0.6%
    ₹2.1K Cr
    CWIP
    ₹30 Cr
    38.8%
    ₹49 Cr
    188.2%
    ₹17 Cr
    466.7%
    ₹3 Cr
    0.0%
    ₹3 Cr
    ₹0 Cr
    ₹0 Cr
    100.0%
    ₹2 Cr
    0.0%
    ₹2 Cr
    50.0%
    ₹4 Cr
    Investments
    ₹116 Cr
    58.9%
    ₹73 Cr
    73.8%
    ₹42 Cr
    40.8%
    ₹71 Cr
    45.4%
    ₹130 Cr
    38.3%
    ₹94 Cr
    683.3%
    ₹12 Cr
    91.0%
    ₹134 Cr
    294.1%
    ₹34 Cr
    79.1%
    ₹163 Cr
    Other Assets
    ₹3.4K Cr
    29.4%
    ₹2.6K Cr
    31.0%
    ₹2.0K Cr
    15.0%
    ₹1.8K Cr
    1.0%
    ₹1.7K Cr
    2.7%
    ₹1.7K Cr
    3.7%
    ₹1.6K Cr
    28.2%
    ₹1.3K Cr
    1.3%
    ₹1.3K Cr
    16.9%
    ₹1.1K Cr
    Total Assets
    ₹9.1K Cr
    17.7%
    ₹7.8K Cr
    30.8%
    ₹5.9K Cr
    6.9%
    ₹5.5K Cr
    1.2%
    ₹5.6K Cr
    17.4%
    ₹4.8K Cr
    6.0%
    ₹4.5K Cr
    24.4%
    ₹3.6K Cr
    7.7%
    ₹3.4K Cr
    1.9%
    ₹3.3K Cr

    Values in ₹ Cr · Source: Screener.in

    Cash Flow Statement

    ItemMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
    Operating CF
    ₹1.2K Cr
    73.2%
    ₹701 Cr
    8.9%
    ₹644 Cr
    19.0%
    ₹795 Cr
    12.9%
    ₹704 Cr
    27.9%
    ₹976 Cr
    138.0%
    ₹410 Cr
    2.5%
    ₹400 Cr
    27.0%
    ₹315 Cr
    57.5%
    ₹200 Cr
    Investing CF
    ₹-443 Cr
    40.5%
    ₹-744 Cr
    1205.3%
    ₹-57 Cr
    435.3%
    ₹17 Cr
    102.9%
    ₹-594 Cr
    72.7%
    ₹-344 Cr
    3540.0%
    ₹10 Cr
    104.9%
    ₹-203 Cr
    311.5%
    ₹96 Cr
    141.2%
    ₹-233 Cr
    Financing CF
    ₹-667 Cr
    3000.0%
    ₹23 Cr
    104.1%
    ₹-563 Cr
    24.2%
    ₹-743 Cr
    370.3%
    ₹-158 Cr
    77.1%
    ₹-689 Cr
    148.7%
    ₹-277 Cr
    1.5%
    ₹-273 Cr
    16.5%
    ₹-327 Cr
    8275.0%
    ₹4 Cr
    Net Cash Flow
    ₹104 Cr
    595.2%
    ₹-21 Cr
    191.3%
    ₹23 Cr
    66.7%
    ₹69 Cr
    240.8%
    ₹-49 Cr
    15.5%
    ₹-58 Cr
    140.6%
    ₹143 Cr
    288.2%
    ₹-76 Cr
    190.5%
    ₹84 Cr
    380.0%
    ₹-30 Cr
    Free Cash Flow
    ₹1.1K Cr
    126.8%
    ₹477 Cr
    14.7%
    ₹559 Cr
    24.9%
    ₹744 Cr
    17.9%
    ₹631 Cr
    21.7%
    ₹806 Cr
    171.4%
    ₹297 Cr
    1.7%
    ₹292 Cr
    13.2%
    ₹258 Cr
    109.8%
    ₹123 Cr

    Values in ₹ Cr · Source: Screener.in

    Key Ratios History

    MetricMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
    Debtor Days
    79d
    2.6%
    77d
    14.9%
    67d
    6.3%
    63d
    6.8%
    59d
    3.3%
    61d
    22.0%
    50d
    35.1%
    37d
    5.1%
    39d
    25.8%
    31d
    Inventory Days
    —
    —
    —
    —
    —
    —
    —
    —
    —
    —
    Days Payable
    —
    —
    —
    —
    —
    —
    —
    —
    —
    —
    Cash Conv. Cycle
    79d
    2.6%
    77d
    14.9%
    67d
    6.3%
    63d
    6.8%
    59d
    3.3%
    61d
    22.0%
    50d
    35.1%
    37d
    5.1%
    39d
    25.8%
    31d
    Working Capital Days
    -40d
    100.0%
    -20d
    5.3%
    -19d
    13.6%
    -22d
    10.0%
    -20d
    28.6%
    -28d
    24.3%
    -37d
    85.0%
    -20d
    42.9%
    -35d
    6.1%
    -33d
    ROCE
    17.0%
    13.3%
    15.0%
    6.3%
    16.0%
    6.7%
    15.0%
    11.8%
    17.0%
    6.3%
    16.0%
    23.1%
    13.0%
    13.3%
    15.0%
    15.4%
    13.0%
    7.1%
    14.0%

    Source: Screener.in · Lower days = better efficiency

    About Firstsource Solutions Limited

    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]

    ServicesCommercial Services & Supplies

    Related Analysis

    Same Sector

    ADANIPORTSAdani Ports and Special Economic Zone LimitedNeutralCONCORContainer Corporation of India LimitedNeutralDELHIVERYDelhivery LimitedNeutralGMRAIRPORTGMR AIRPORTS LIMITEDNeutralINDIGOInterGlobe Aviation LimitedNeutral

    Frequently Asked Questions

    What is Firstsource Solutions Limited share price today?
    Firstsource Solutions Limited (FSL) is currently trading at ₹264.4 on NSE, down 0.34% as of the last market session. Prices update daily after market close on MarketNetra.
    Is Firstsource Solutions Limited available in F&O (Futures & Options)?
    Yes, Firstsource Solutions Limited (FSL) is part of the NSE F&O segment with a lot size of 1 shares. Options are available with monthly expiry contracts. You can track the full option chain and OI analysis on MarketNetra.
    What is Firstsource Solutions Limited 52-week high and low?
    Firstsource Solutions Limited's 52-week high is ₹380 and the 52-week low is ₹201. The current price of ₹264.4 is 30.4% below the 52W high.
    What is Firstsource Solutions Limited P/E ratio?
    Firstsource Solutions Limited's current P/E ratio is 23.4. This indicates the market is paying ₹23.4 for every ₹1 of earnings. Compare this to the sector average to assess relative valuation.
    How to trade Firstsource Solutions Limited options?
    Firstsource Solutions Limited options are traded on NSE with monthly expiry contracts (lot size: 1 shares). To trade FSL options: select your expiry on the option chain page, identify key OI strikes, check the PCR and buildup type on OI analysis, and review FII/DII flows for institutional sentiment before taking a position.