Good evening :)
Firstsource Solutions Ltd

Firstsource Solutions Ltd

FSL Share Price

NSE
247.601.55% (-3.90)
High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP

With a market cap of ₹19,089 cr, stock is ranked 387

Stock is 3.60x as volatile as Nifty

FSL Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹19,089 cr, stock is ranked 387

Stock is 3.60x as volatile as Nifty

FSL Performance & Key Metrics

FSL Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
28.454.352.01%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
22.505.703.17%

FSL Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
83%
Analysts have suggested that investors can buy this stock

from 12 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

FSL Company Profile

Firstsource Solutions Limited is a provider of a range of business process management services. The Company provides its services to a range of sectors, including healthcare, telecommunications and media, banking and insurance.

Investor Presentation

View older View older 

Aug 6, 2026

PDF
View Older Presentations
PE Ratio
23.65
23.65
1Y Return
15.74%
15.74%
Buy Reco %
66.67
66.67
PE Ratio
108.90
108.90
1Y Return
37.36%
37.36%
Buy Reco %
100.00
100.00
PE Ratio
203.59
203.59
1Y Return
27.03%
27.03%
Buy Reco %
0.00
0.00
PE Ratio
58.13
58.13
1Y Return
27.76%
27.76%
Buy Reco %
0.00
0.00
PE Ratio
38.61
38.61
1Y Return
27.49%
27.49%
Buy Reco %
0.00
0.00
Compare with Peers

FSL Sentiment Analysis

FSL Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

FSL Stock Summary · August 2026

Management described a quarter of broad-based growth, margin expansion, and unusually strong large-deal momentum, while acknowledging a specific healthcare setback that was expected to be offset over time. Revenue reached INR27.2 billion, up 12.3% year on year in constant currency, marking an 11th straight quarter of sequential growth, while EBIT rose 34.8% to INR3,367 million and margin improved to 12.4%. The company signed four large deals for the sixth consecutive quarter, produced its highest ACV intake in four quarters, and continued to add new logos across its sales engine. Management said healthcare AI adoption is now embedded in production workflows, even as one BPaaS engagement is being wound down after a client leadership change and strategic reset, with a limited 1% to 1.5% impact on growth. Elsewhere, BFS, Europe, South Africa, and utilities remained strong, while CMT and healthcare payer revenue were affected by timing and recalibration. Management reaffirmed FY27 constant-currency revenue growth guidance of 10% to 13% and EBIT margin guidance of 12.25% to 12.75%, expecting pipeline wins and quick-ramping deals to offset the healthcare headwind.

FSL Stock Growth Drivers
FSL Stock Growth Drivers
9
  • Sustained Revenue Growth and Profitability Expansion

    The company delivered another strong quarter with broad-based momentum across its portfolio. Revenue reached INR

  • Strong Large-Deal Momentum and Healthy Pipeline

    Commercial traction remained strong, supported by four large deal wins in the quarter and the

FSL Stock Challenges
FSL Stock Challenges
5
  • Client Program Wind-down and Lost Growth Contribution

    A healthcare BPaaS engagement is being wound down after a client leadership change and a

  • Execution Volatility in Consumer Technology

    Reported CMT performance has been affected by timing volatility in work packets and program transitions

FSL Forecast

FSL Forecasts

Price

Revenue

Earnings

FSL

FSL

Income

Balance Sheet

Cash Flow

FSL Income Statement

FSL Income Statement

Loading...

Quartermar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025mar 2026jun 2026
Total Revenue1,673.271,792.941,922.662,109.092,163.582,224.482,312.842,446.702,581.752,730.99
Operating & Other expensessubtract1,420.131,521.231,638.111,784.721,828.641,870.571,936.192,140.572,153.042,345.26
Depreciation/Amortizationsubtract67.3372.8579.1984.4090.6097.25109.56111.20116.09114.64
Interest & Other Itemssubtract26.5331.6034.3339.3242.6243.4442.7643.2552.0251.75
Taxes & Other Itemssubtract25.7832.0032.8140.3541.0243.8944.8231.3455.3653.42
EPS1.941.972.012.332.332.452.601.742.972.40

FSL Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2027FY 2027

Annual Report Pending

Investor Presentation

Aug 6PDF
Aug 6PDF
FY 2026FY 2026

Annual report

PDF

Investor Presentation

May 6PDF
May 6PDF
Feb 3PDF
+5 more
FY 2025FY 2025

Annual report

PDF
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF
FY 2019FY 2019

Annual report

PDF
FY 2018FY 2018

Annual Report Unavailable

FY 2017FY 2017

Annual report

PDF
FY 2016FY 2016

Annual report

PDF
 

FSL Stock Peers

FSL Past Performance & Peer Comparison

FSL Past Performance & Peer Comparison

Comparing 3 stocks from 
Information TechnologyOutsourced services

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Firstsource Solutions Ltd28.314.352.01%
eClerx Services Limited23.656.510.06%
BLS International Services Limited108.90121.220.92%
Spice Lounge Food Works Ltd203.5918.13

FSL Stock Price Comparison

Compare FSL with any stock or ETF
Compare FSL with any stock or ETF
FSL
Loading...

FSL Holdings

FSL Shareholdings

FSL Promoter Holdings Trend

FSL Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

FSL Institutional Holdings Trend

FSL Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

FSL Shareholding Pattern

FSL Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding53.66%18.22%7.19%8.38%12.55%

Sep 2025

Dec 2025

Mar 2026

Jun 2026

FSL Shareholding History

FSL Shareholding History

MarJunSepDec '25MarJun10.08%9.58%9.25%9.19%8.86%8.38%

Mutual Funds Invested in FSL

Mutual Funds Invested in FSL

No mutual funds holding trends are available

Top 5 Mutual Funds holding Firstsource Solutions Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
8.1457%3.71%0.40%2/87 (+1)
1.0459%1.93%0.06%11/56 (0)
0.9710%3.37%-0.12%13/47 (-1)

Compare 3-month MF holding change on Screener

FSL Insider Trades & Bulk Stock Deals

FSL Insider Trades & Bulk Stock Deals

Loading...

smallcases containing FSL stock

smallcases containing FSL stock

Looks like this stock is not in any smallcase yet.

FSL Events

FSL Events

FSL Dividend Trend

No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year

FSL has increased or maintained dividend levels over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 2.01%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹20.08 every year

Dividends

Corp. Actions

Announcements

Legal Orders

FSL Dividend Trend

No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year

FSL has increased or maintained dividend levels over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 2.01%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹20.08 every year

FSL Upcoming Dividends

FSL Upcoming Dividends

No upcoming dividends are available

FSL Past Dividends

FSL Past Dividends

Cash Dividend

Ex DateEx DateFeb 20, 2026

Interim
Interim | Div/Share: ₹5.50

Dividend/Share

5.50

Ex DateEx Date

Feb 20, 2026

Cash Dividend

Ex DateEx DateFeb 21, 2025

Interim
Interim | Div/Share: ₹4.00

Dividend/Share

4.00

Ex DateEx Date

Feb 21, 2025

Cash Dividend

Ex DateEx DateFeb 16, 2024

Interim
Interim | Div/Share: ₹3.50

Dividend/Share

3.50

Ex DateEx Date

Feb 16, 2024

Cash Dividend

Ex DateEx DateFeb 17, 2023

Interim
Interim | Div/Share: ₹3.50

Dividend/Share

3.50

Ex DateEx Date

Feb 17, 2023

Cash Dividend

Ex DateEx DateFeb 17, 2022

Interim
Interim | Div/Share: ₹3.50

Dividend/Share

3.50

Ex DateEx Date

Feb 17, 2022

FSL Stock News & Opinions

FSL Stock News & Opinions

Corporate
Corporate
Firstsource Solutions allotted shares under its ESOS and ESOP plans on September 9, 2026

Firstsource Solutions Ltd. announced the allotment of 67,968 shares under its Firstsource Solutions Employee Stock Option Scheme - 2003 (ESOS 2003) and Firstsource Solutions Limited Employee Stock Option Plan 2019 (ESOP 2019 Plan) on September 9, 2026, following the exercise of stock options, with the allotment approved by the Trustees of Firstsource Employee Benefit Trust at 11.57 a.m.

3 days agoCapital Market - Live
Corporate
Corporate
Firstsource Solutions allots shares under employee stock option schemes on August 28, 2026

Firstsource Solutions Ltd. announced the allotment of 269,883 shares under its Firstsource Solutions Employee Stock Option Scheme - 2003 (ESOS 2003) and Firstsource Solutions Limited Employee Stock Option Plan 2019 (ESOP 2019 Plan) on August 28, 2026, following the exercise of stock options, with the allotment approved by the Trustees of Firstsource Employee Benefit Trust at 5.09 p.m.

2 weeks agoCapital Market - Live
Corporate
Corporate
Firstsource Solutions allots shares under employee stock option schemes on August 19, 2026

Firstsource Solutions Ltd. announced the allotment of 127,883 shares under its Firstsource Solutions Employee Stock Option Scheme - 2003 (ESOS 2003) and Firstsource Solutions Limited Employee Stock Option Plan 2019 (ESOP 2019 Plan) on August 19, 2026, following the exercise of stock options, with the allotment approved by the Trustees of Firstsource Employee Benefit Trust at 6.20 p.m.

3 weeks agoCapital Market - Live
Corporate
Corporate
Firstsource Solutions allots shares under ESOS and ESOP plans, approved by trustees

Firstsource Solutions Ltd. announced the allotment of 353,905 shares under its Firstsource Solutions Employee Stock Option Scheme - 2003 (ESOS 2003) and Firstsource Solutions Limited Employee Stock Option Plan 2019 (ESOP 2019 Plan) on August 12, 2026, following the exercise of stock options, with the allotment approved by the Trustees of Firstsource Employee Benefit Trust at 5.01 p.m.

1 month agoCapital Market - Live
Earnings
Earnings
Firstsource Solutions Ltd consolidated sales up 5.31% on year in Q2FY2026

Firstsource Solutions Ltd share price ticked higher by 2.32% to Rs 339.35 after the company's net profit contracted by 19.16% to Rs 165.92 crore, while revenue from operations improved marginally 5.31% to Rs 2751.75 crore in Q2FY26 over Q1FY26. The market capitalization of Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO) industry group stocks on BSE stood at Rs 43893.25 crore, easing 5.14%. It has inched up 6.33% over last one week and moving up by 14.27% in last one month while the market capitalization of Firstsource Solutions Ltd has increased 13.36% and 23.76% in the same period respectively. Profit before tax (PBT) of Firstsource Solutions Ltd stood at Rs 219.34 crore in Q2 FY26, rising 2.87% year-on-year, and tanking 15.83% quarter-on-quarter. EBITDA came in at Rs 445 crore, surging by 30.84% YoY and gaining 3.02% sequentially. Total expenses posted a minor rise of 5.25% to Rs 2388.21 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 1531.57 crore, inching up 3.72% YoY. For the TTM ended FY26, revenue from operations witnessed a strong growth of 20.62% to Rs 9616.12 crore, while net profit rose by 13.45% to Rs 674.41 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 131455% to Rs 1548.73 crore, and PBT registered a growth of 14.74% to Rs 849.84 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 1213.98 crore in FY26, as against Rs 701.1 crore in FY25. Firstsource Solutions Ltd declined by 4.81% in last one year, significantly underperforming the benchmark BSE Sensex which has slipped by 2.64% during the same period.

1 month agoCapital Market - Live
Spotlight
Spotlight
Firstsource Solutions Ltd leads losers in 'A' group

Sheela Foam Ltd, Ion Exchange (India) Ltd, PNC Infratech Ltd and Inventurus Knowledge Solutions Ltd are among the other losers in the BSE's 'A' group today, 06 August 2026.Firstsource Solutions Ltd lost 12.21% to Rs 297.9 at 14:48 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 12.34 lakh shares were traded on the counter so far as against the average daily volumes of 2.61 lakh shares in the past one month.Sheela Foam Ltd crashed 8.97% to Rs 703.4. The stock was the second biggest loser in 'A' group.On the BSE, 79548 shares were traded on the counter so far as against the average daily volumes of 20817 shares in the past one month.Ion Exchange (India) Ltd tumbled 6.98% to Rs 387.15. The stock was the third biggest loser in 'A' group.On the BSE, 1.77 lakh shares were traded on the counter so far as against the average daily volumes of 91122 shares in the past one month.PNC Infratech Ltd corrected 5.76% to Rs 239.6. The stock was the fourth biggest loser in 'A' group.On the BSE, 5.78 lakh shares were traded on the counter so far as against the average daily volumes of 37728 shares in the past one month.Inventurus Knowledge Solutions Ltd dropped 5.58% to Rs 1773.1. The stock was the fifth biggest loser in 'A' group.On the BSE, 32026 shares were traded on the counter so far as against the average daily volumes of 16272 shares in the past one month.

1 month agoCapital Market - Live
Corporate
Corporate
Firstsource Solutions grants stock options to employees under its 2019 Employee Stock Option Plan

Firstsource Solutions Ltd. announced that its Nomination and Remuneration Committee approved the grant of 550,000 stock options to eligible employees of the company and its subsidiaries under the Firstsource Solutions Limited Employee Stock Option Plan 2019, according to a filing with the National Stock Exchange of India Limited and BSE Limited on August 5, 2026.

1 month agoCapital Market - Live
Corporate
Corporate
Firstsource Solutions to conduct board meeting

Firstsource Solutions will hold a meeting of the Board of Directors of the Company on 6 August 2026.

1 month agoCapital Market - Live
Corporate
Corporate
Firstsource Solutions to hold AGM

Firstsource Solutions announced that the 25th Annual General Meeting(AGM) of the company will be held on 6 August 2026.

1 month agoCapital Market - Live
Corporate
Corporate
Firstsource Solutions allots 1.77 lakh equity shares under ESOS

Firstsource Solutions has allotted 177,233 equity shares under ESOS on 17 June 2026.

2 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. The share price of FSL as on 11th September 2026 is ₹247.60. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. The past returns of Firstsource Solutions Ltd (FSL) share are
    • Past 1 week: -8.16%
    • Past 1 month: -11.68%
    • Past 3 months: 0.24%
    • Past 6 months: 13.58%
    • Past 1 year: -32.23%
    • Past 3 years: 44.75%
    • Past 5 years: 22.45%

  3. The current dividend yield of Firstsource Solutions Ltd (FSL) is 2.01.

  4. Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Firstsource Solutions Ltd (FSL) is ₹19089.31 Cr as of 11th September 2026.

  5. The 52-week high of Firstsource Solutions Ltd (FSL) is ₹379.70 and the 52-week low is ₹202.

  6. The P/E (price-to-earnings) ratio of Firstsource Solutions Ltd (FSL) is 28.31. The P/B (price-to-book) ratio is 4.35.

  7. Firstsource Solutions Ltd (FSL) belongs to the Information Technology sector & Outsourced services sub-sector.

  8. You can directly buy Firstsource Solutions Ltd (FSL) shares on Tickertape. Simply sign up, connect your demat account and place your order.