Good morning :)
Place Order
Add to Watchlist

Firstsource Solutions Ltd

FSL Share Price

259.953.03% (+7.65)
High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP

With a market cap of ₹17,976 cr, stock is ranked 369

Stock is 3.18x 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 ₹17,976 cr, stock is ranked 369

Stock is 3.18x as volatile as Nifty

FSL Performance & Key Metrics

FSL Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
28.544.391.55%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
24.876.572.94%

FSL Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
92%
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 

Feb 3, 2026

PDF
View Older Presentations
PE Ratio
31.20
31.20
1Y Return
20.43%
20.43%
Buy Reco %
77.78
77.78
PE Ratio
22.57
22.57
1Y Return
26.28%
26.28%
Buy Reco %
100.00
100.00
PE Ratio
439.83
439.83
1Y Return
163.93%
163.93%
Buy Reco %
0.00
0.00
PE Ratio
15.15
15.15
1Y Return
30.52%
30.52%
Buy Reco %
0.00
0.00
PE Ratio
38.76
38.76
1Y Return
6.05%
6.05%
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 · February 2026

In Q3 FY26, the company demonstrated robust financial health with a 16.2% year-over-year revenue growth, bolstered by strategic acquisitions like Pastdue Credit, which contributed to an improved EBIT margin of 11.9%. Operationally, a net increase of 690 employees and enhanced employee retention reflect a commitment to workforce development, while the successful integration of new talent supports ongoing growth initiatives. Despite challenges such as rising net debt and regulatory uncertainties impacting the credit card sector, management remains optimistic about future revenue growth, projecting a constant currency increase of 14.5% to 15.5% for FY26. The focus on rationalizing low-margin accounts and expanding capabilities in key sectors positions the company favorably for sustainable profitability and market expansion.

FSL Stock Growth Drivers
FSL Stock Growth Drivers
7
  • Strong Financial Performance

    In Q3FY26, the company reported a 16.2% year-over-year revenue growth, reaching Rs 24.4 billion (US$274

  • Successful Client Acquisition and Deal Wins

    The company secured five large deals in Q3, maintaining a trend of at least four

FSL Stock Challenges
FSL Stock Challenges
4
  • Healthcare Segment Challenges

    The healthcare segment is facing significant challenges due to a government spending increase of only

  • Growth Guidance and Performance Concerns

    There are concerns regarding the company's growth guidance for Q4, particularly due to seasonality in

FSL Forecast

FSL Forecasts

Price

Revenue

Earnings

FSL

FSL

Income

Balance Sheet

Cash Flow

FSL Income Statement

FSL Income Statement

Industry refers to the sub-sector this company belongs to.
Higher than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 14.26%, vs industry avg of 9.82%

Increasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 31.45% to 38.32%

Lower than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 11.84%, vs industry avg of 16.23%

Loading...

Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue3,558.813,540.683,830.174,107.455,079.255,921.716,153.176,378.697,999.559,147.60
Raw Materialssubtract0.000.000.000.000.000.000.000.000.007,775.97
Power & Fuel Costsubtract36.2031.7228.0728.5022.0925.8633.3768.3488.43
Employee Costsubtract2,383.442,395.482,557.262,773.533,467.233,946.763,867.483,908.654,995.16
Selling & Administrative Expensessubtract517.64475.17502.95430.17456.33674.92963.66736.03856.75
Operating & Other expensessubtract171.82161.50185.57212.79408.25291.19300.02621.22807.44
Depreciation/Amortizationsubtract58.9665.9274.44185.20206.35249.37263.17260.22327.04408.61
Interest & Other Itemssubtract53.8352.8845.9683.0687.1686.50110.25154.55184.09172.07
Taxes & Other Itemssubtract56.9231.4958.1354.5370.15109.74101.49114.95146.20161.07
EPS4.134.775.484.915.207.717.377.398.539.04
DPS0.001.502.002.503.003.503.503.504.004.00
Payout ratio0.000.310.360.510.580.450.470.470.470.44

FSL Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual Report Pending

Investor Presentation

Feb 3PDF
Feb 3PDF
Nov 4PDF
+4 more
FY 2025FY 2025

Annual report

PDF

Investor Presentation

Apr 28PDF
Apr 28PDF
Mar 10PDF
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
FY 2015FY 2015

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 Ltd30.244.391.55%
eClerx Services Limited31.207.320.03%
Bls International Services Ltd22.575.680.36%
Spice Lounge Food Works Ltd439.8322.90

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%18.28%6.91%9.19%11.95%

Mar 2025

Jun 2025

Sep 2025

Dec 2025

FSL Shareholding History

FSL Shareholding History

SepDec '24MarJunSepDec '2511.63%11.01%10.08%9.58%9.25%9.19%

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)
10.3538%4.79%-0.24%2/88 (0)
1.8954%2.70%-0.20%10/45 (0)
1.4756%4.86%0.42%5/39 (+2)

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 1.60%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹15.98 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 1.60%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹15.98 every year

FSL Upcoming Dividends

FSL Upcoming Dividends

Cash Dividend

Ex DateEx DateFeb 20, 2026

Interim
Interim | Div/Share: ₹5.50

Dividend/Share

5.50

Ex DateEx Date

Feb 20, 2026

FSL Past Dividends

FSL Past Dividends

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

Cash Dividend

Ex DateEx DateFeb 17, 2021

Interim
Interim | Div/Share: ₹3.00

Dividend/Share

3.00

Ex DateEx Date

Feb 17, 2021

FSL Stock News & Opinions

FSL Stock News & Opinions

Earnings
Firstsource Solutions consolidated net profit declines 24.94% in the December 2025 quarter

Net profit of Firstsource Solutions declined 24.94% to Rs 120.33 crore in the quarter ended December 2025 as against Rs 160.31 crore during the previous quarter ended December 2024. Sales rose 18.18% to Rs 2467.45 crore in the quarter ended December 2025 as against Rs 2087.85 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales2467.452087.85 18 OPM %16.3215.21 - PBDT363.03276.24 31 PBT251.83191.84 31 NP120.33160.31 -25 Powered by Capital Market - Live

5 days agoCapital Market - Live
Corporate
Firstsource Solutions allots 2.63 lakh equity shares under ESOP

Firstsource Solutions has allotted 263,683 equity shares under ESOP on 10 February 2026. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Board of Firstsource Solutions recommends interim dividend

Firstsource Solutions announced that the Board of Directors of the Company at its meeting held on 3 February 2026, inter alia, have recommended the interim dividend of Rs 5.5 per equity Share (i.e. 55%) , subject to the approval of the shareholders.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Firstsource Solutions receives ESG and CSA score of 87

Firstsource Solutions has achieved an ESG and Corporate Sustainability Assessment (CSA) score of 87 each in the S&P Global Sustainable assessment for FY25. This marks the third consecutive year of strong upward momentum: FY23: 62 '' FY24: 81 '' FY25: 87. This progression positions Firstsource as the #1 ranked firm in the Professional Services sector, globally, enabled by its global sustainability framework FirstConscious, and its UnBPO™ approach. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Firstsource Solutions to announce Quarterly Result

Firstsource Solutions will hold a meeting of the Board of Directors of the Company on 3 February 2026.Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Corporate
Firstsource Solutions recognized as Leader in banking operations

Firstsource Solutions has earned dual analyst recognitions for its Banking Operations capabilities - named a Leader and Star Performer in the Everest Group Banking Operations - Services PEAK Matrix' Assessment 2025 and a Leader in the NelsonHall NEAT 2025 evaluation for GenAI & Process Automation in Banking across both Operations Services and Process Automation Services. Vivek Sharma, Head - BFS, CMT & Emerging Geos, Firstsource, shared, 'Being recognized by Everest Group and NelsonHall validates the direction we're taking in banking operations - moving from labor-centric models to AI-native, outcome-driven operations. This acknowledgement reinforces our commitment to scale pragmatic Gen AI and automation across banking workflows and partnering with clients to deliver measurable impact with speed and confidence. Our UnBPO' and BPaaS approaches, combined with agentic AI and domain-led platforms, are helping banks move from pilots to enterprise production - accelerating decisions, strengthening compliance, lowering cost-to-serve and improving customer outcomes across lending, payments and servicing.'Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Firstsource Solutions named leader in NelsonHall NEAT evaluation for CX Services Transformation

Firstsource Solutions has been named a Leader in CX Services Transformation in the NelsonHall NEAT Evaluation for CX Services Transformation. NelsonHall's assessment of Firstsource's ability to deliver transformation at scale across the full CX lifecycle resulted in the company being named a Leader in the Overall Market Segment. NelsonHall's analysis highlights Firstsource's combination of: AI-powered platforms, deep vertical expertise, and outcome-based commercial models as core strengths The report also notes measurable revenue and efficiency impact across industries, ongoing investments in talent, multilingual AI innovation, and targeted acquisitions that expand both vertical depth and transformation capacity as key enablers of Firstsource's CX transformation leadership.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Firstsource Solutions UK completes acquisition of Pastdue Credit Solutions

Firstsource Solutions announced that its wholly owned subsidiary, Firstsource Solutions UK has completed the acquisition of Pastdue Credit Solutions (PDC), engaged in the business of providing white-label, early arrears and debt collections & recovery services. Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Firstsource Solutions allots 98,202 equity shares under ESOP

Firstsource Solutions has allotted 98,202 equity shared under ESOP on 27 November 2025. Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Firstsource Solutions allots 30,831 equity shares under ESOS

Firstsource Solutions has allotted 30,831 equity shares under ESOS on 19 November 2025. Powered by Capital Market - Live

2 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Firstsource Solutions Ltd (FSL) today?

    The share price of FSL as on 18th February 2026 is ₹259.95. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Firstsource Solutions Ltd (FSL) share?

    The past returns of Firstsource Solutions Ltd (FSL) share are
    • Past 1 week: -11.13%
    • Past 1 month: -19.37%
    • Past 3 months: -27.55%
    • Past 6 months: -27.63%
    • Past 1 year: -25.68%
    • Past 3 years: 120.11%
    • Past 5 years: 173.92%

  3. What are the peers or stocks similar to Firstsource Solutions Ltd (FSL)?
  4. What is the dividend yield % of Firstsource Solutions Ltd (FSL) share?

    The current dividend yield of Firstsource Solutions Ltd (FSL) is 1.55.

  5. What is the market cap of Firstsource Solutions Ltd (FSL) share?

    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 ₹17976.88 Cr as of 18th February 2026.

  6. What is the 52 week high and low of Firstsource Solutions Ltd (FSL) share?

    The 52-week high of Firstsource Solutions Ltd (FSL) is ₹403.80 and the 52-week low is ₹245.35.

  7. What is the PE and PB ratio of Firstsource Solutions Ltd (FSL) stock?

    The P/E (price-to-earnings) ratio of Firstsource Solutions Ltd (FSL) is 30.24. The P/B (price-to-book) ratio is 4.39.

  8. Which sector does Firstsource Solutions Ltd (FSL) belong to?

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

  9. How to buy Firstsource Solutions Ltd (FSL) shares?

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