Firstsource Solutions Ltd
FSLFirstsource Solutions Ltd
FSLPrice Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
40.62 | 5.75 | 1.15% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
35.31 | 9.31 | 1.64% |
Forecast & Ratings
Detailed Forecast from 10 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
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.
Peers
Compare with peersBls International Services Ltd
eClerx Services Limited
Hinduja Global Solutions Ltd
Vakrangee Limited
One Point One Solutions Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 3,226.69 | 3,558.81 | 3,540.68 | 3,830.17 | 4,107.45 | 5,079.25 | 5,921.71 | 6,153.17 | 6,373.09 | 6,635.08 | ||||||||||
Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5,612.00 | ||||||||||
Power & Fuel Cost | 35.75 | 36.20 | 31.72 | 28.07 | 28.50 | 22.09 | 25.86 | 33.37 | 30.92 | |||||||||||
Employee Cost | 2,172.67 | 2,383.44 | 2,395.48 | 2,557.26 | 2,773.53 | 3,467.23 | 3,946.76 | 3,867.48 | 3,908.65 | |||||||||||
Selling & Administrative Expenses | 472.44 | 517.64 | 475.17 | 502.95 | 430.17 | 456.33 | 688.35 | 963.66 | 1,056.53 | |||||||||||
Operating & Other expenses | 137.95 | 171.82 | 161.50 | 185.57 | 212.79 | 408.25 | 277.76 | 300.02 | 345.50 | |||||||||||
EBITDA | 407.88 | 449.71 | 476.81 | 556.32 | 662.46 | 725.35 | 982.98 | 988.64 | 1,031.49 | 1,023.08 | ||||||||||
Depreciation/Amortization | 60.88 | 58.96 | 65.92 | 74.44 | 185.20 | 206.35 | 249.37 | 263.17 | 260.22 | 271.82 | ||||||||||
PBIT | 347.00 | 390.75 | 410.89 | 481.88 | 477.26 | 519.00 | 733.61 | 725.47 | 771.27 | 751.26 | ||||||||||
Interest & Other Items | 60.80 | 53.83 | 52.88 | 45.96 | 83.06 | 87.16 | 86.50 | 110.25 | 141.59 | 109.62 | ||||||||||
PBT | 286.20 | 336.92 | 358.01 | 435.92 | 394.20 | 431.84 | 647.11 | 615.22 | 629.68 | 641.64 | ||||||||||
Taxes & Other Items | 25.73 | 56.92 | 31.49 | 58.13 | 54.53 | 70.15 | 109.74 | 101.49 | 114.95 | 117.63 | ||||||||||
Net Income | 260.47 | 280.00 | 326.52 | 377.79 | 339.67 | 361.69 | 537.37 | 513.73 | 514.73 | 524.01 | ||||||||||
EPS | 3.89 | 4.13 | 4.77 | 5.48 | 4.91 | 5.20 | 7.71 | 7.37 | 7.39 | 7.52 | ||||||||||
DPS | 0.00 | 0.00 | 1.50 | 2.00 | 2.50 | 3.00 | 3.50 | 3.50 | 3.50 | 3.50 | ||||||||||
Payout ratio | 0.00 | 0.00 | 0.31 | 0.36 | 0.51 | 0.58 | 0.45 | 0.47 | 0.47 | 0.47 |
Company Updates
Peers & Comparison
Information TechnologyOutsourced services
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Firstsource Solutions Ltd | 41.36 | 5.75 | 1.15% |
Bls International Services Ltd | 51.51 | 11.18 | 0.26% |
eClerx Services Limited | 24.86 | 5.65 | 0.04% |
Hinduja Global Solutions Ltd | 31.68 | 0.55 | — |
Price Comparison
Compare FSL with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Firstsource Solutions Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
HDFC Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 8.3203% | Percentage of the fund’s portfolio invested in the stock 5.34% | Change in the portfolio weight of the stock over the last 3 months 1.33% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 2/91 (0) |
Tata Digital India Fund Direct Plan Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.3626% | Percentage of the fund’s portfolio invested in the stock 2.55% | Change in the portfolio weight of the stock over the last 3 months 0.47% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 10/39 (0) |
SBI Technology Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.0892% | Percentage of the fund’s portfolio invested in the stock 5.28% | Change in the portfolio weight of the stock over the last 3 months 1.08% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 7/30 (+2) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
FSL has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 1.17%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹11.71 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateFeb 16, 2024
Dividend/Share
₹3.50
Ex DateEx Date
Feb 16, 2024
Cash Dividend
Ex DateEx DateFeb 17, 2023
Dividend/Share
₹3.50
Ex DateEx Date
Feb 17, 2023
Cash Dividend
Ex DateEx DateFeb 17, 2022
Dividend/Share
₹3.50
Ex DateEx Date
Feb 17, 2022
Cash Dividend
Ex DateEx DateFeb 17, 2021
Dividend/Share
₹3.00
Ex DateEx Date
Feb 17, 2021
Cash Dividend
Ex DateEx DateFeb 27, 2020
Dividend/Share
₹2.50
Ex DateEx Date
Feb 27, 2020
The company will be headquartered in Victoria, Melbourne, creating over 400 new local jobs over the next five years. The said operations will help to grow the state's digital capabilities, bringing new proprietary technology and driving more research, innovation, and growth in the state's digital ecosystem. The company plans to partner with Victorian education institutions to set up an innovation lab focused on AI, engineering, robotics, and digital experimentation. Sanjiv Goenka, Chairman of RPSG Group and Firstsource, said, 'Expanding our operations into Australia marks a significant milestone in Firstsource's global growth strategy. We see this as an important opportunity to leverage not just the immense opportunities the country presents, but also the outstanding support provided by the government in ease of doing business and building a stronger local economy. We are delighted by the support and partnership provided by the Victorian Government toward setting up our operations and look forward to contributing meaningfully to the growth and success of both our business and the local economy.' Jacinta Allan, Premier of Victoria, commented, 'Securing Firstsource's Australia and New Zealand headquarters will create hundreds of jobs and boost our thriving digital innovation ecosystem. Melbourne is Australia's leading tech city ' it's no surprise that global leaders are continuing to invest in Victoria.' Firstsource Solutions is a global provider of business process management (BPM) services and an RP-Sanjiv Goenka Group company. The company's consolidated net profit increased 7.3% to Rs 135.25 crore on 16.8% rise in net sales to Rs 1,783.87 crore in Q1 FY25 over Q1 FY24.Powered by Capital Market - Live
Firstsource Solutions announced its operations in Australia and New Zealand. The company will be headquartered in Victoria, Melbourne, creating over 400 new local jobs over the next five years. Today, Firstsource's Chairman Dr. Sanjiv Goenka, COO, Sohit Brahmawar, and ANZ Country Head Gagan Vohra met Victorian Premier Jacinta Allan in Delhi to discuss the mutual support for establishing Firstsource's headquarters in Melbourne and helping grow the state's digital capabilities, bringing new proprietary technology and driving more research, innovation, and growth in the state's digital ecosystem. Firstsource plans to partner with Victorian education institutions to set up an innovation lab focused on AI, engineering, robotics, and digital experimentation.Powered by Capital Market - Live
Using the use of Microsoft Azure OpenAI Service, the firm stated that it aims to enhance its service offerings, driving innovation and efficiency across various industries. Under this collaboration, Firstsource will utilize Azure OpenAI Service, Azure AI Search, and Azure AI Language to provide generative AI powered solutions and business platforms that unlock the full potential of enterprise data. These solutions will offer a multi-modal, multi-channel search experience, significantly improving effectiveness and personalization for businesses, it added. Ritesh Idnani, managing director and chief executive officer of Firstsource Solutions, said, The collaboration with Microsoft enables us to offer clients the best of both worlds, where the combined value far exceeds the sum of its parts. Our goal is to leverage this network to solve complex challenges for our customers, delivering solutions that are truly cutting-edge and transformative. Sangita Singh, general manager, ITES of Microsoft India and South Asia, said, By integrating Microsoft Azure AI with Firstsource's AI-powered solutions, enterprises can harness generative AI to enhance data accessibility and productivity. This collaboration will drive innovation and deliver more effective, personalised experiences, ultimately boosting employee satisfaction. This collaboration follows the launch of Firstsource relAI, an AI-focused digital transformation suite of platforms, solutions, and offerings, reinforcing Firstsource's commitment to driving deep-tech transformations. Firstsource Solutions is a global provider of business process management (BPM) services and an RP-Sanjiv Goenka Group company. The company's consolidated net profit increased 7.3% to Rs 135.25 crore on 16.8% rise in net sales to Rs 1,783.87 crore in Q1 FY25 over Q1 FY24. The scrip added 0.81% to currently trade at Rs 309.85 on the BSE. Powered by Capital Market - Live
Firstsource Solutions announced a collaboration with Microsoft to deliver cutting-edge digital transformation services to clients worldwide. Using the power of Microsoft Azure OpenAI Service, Firstsource aims to enhance its service offerings, driving innovation and efficiency across various industries. Under this new initiative, Firstsource will utilize Azure OpenAI Service, Azure AI Search, and Azure AI Language to provide generative AI powered solutions and business platforms that unlock the full potential of enterprise data. These solutions will offer a multi-modal, multi-channel search experience, significantly improving effectiveness and personalization for businessesPowered by Capital Market - Live
Firstsource Solutions shares hit record high, up 25% in 5 days; here are target prices
Firstsource Solutions Ltd leads gainers in ‘A’ group
Jubilant Pharmova Ltd, PCBL Ltd, Sunflag Iron & Steel Company Ltd and Adani Energy Solutions Ltd are among the other gainers in the BSE's 'A' group today, 01 August 2024.Firstsource Solutions Ltd spiked 10.25% to Rs 301.3 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 12.67 lakh shares were traded on the counter so far as against the average daily volumes of 2.66 lakh shares in the past one month. Jubilant Pharmova Ltd surged 9.37% to Rs 846.6. The stock was the second biggest gainer in 'A' group. On the BSE, 1.69 lakh shares were traded on the counter so far as against the average daily volumes of 90476 shares in the past one month. PCBL Ltd soared 7.68% to Rs 350. The stock was the third biggest gainer in 'A' group. On the BSE, 7.36 lakh shares were traded on the counter so far as against the average daily volumes of 3.51 lakh shares in the past one month. Sunflag Iron & Steel Company Ltd rose 7.54% to Rs 271.15. The stock was the fourth biggest gainer in 'A' group. On the BSE, 75621 shares were traded on the counter so far as against the average daily volumes of 82303 shares in the past one month. Adani Energy Solutions Ltd added 6.97% to Rs 1216.85. The stock was the fifth biggest gainer in 'A' group. On the BSE, 4.28 lakh shares were traded on the counter so far as against the average daily volumes of 1.61 lakh shares in the past one month. Powered by Capital Market - Live
Firstsource Solutions surges 13% on heavy volumes; zooms 75% from June lows
Firstsource Solutions Q1 numbers: Net up 7.4% at ₹135 crore
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 10.72%, vs industry avg of 6.19%
Increasing Market Share
Over the last 5 years, market share increased from 29.16% to 35.94%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 6.38%, vs industry avg of 10.02%