FIRSTSOURCE SOLU. LTD.·SOFTWARE SERVICES 46.27·Commercial Services & Supplies Companies

Price

276.05

+1.39%
O:272.2
H:276.45
L:270
C:276.05

52W Range

202381.4
+37%/-28%

Market Cap

₹19,240.43 Cr

Traded: ₹28.44 Cr (0.15%) 0.0x

Free Float: ₹2,253.05 Cr (1.26% of FF traded)

Volume · 60D trend

10.35 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-9% 3M:+13% 6M:+15% 12M:-19%

Valuation

P/E29.1
P/B4.4
P/S1.9
EV/EBIT18.0

Business Strength

ROE15.0%
ROCE15.4%
OPM16.8%
NPM7.0%

Growth (3Y CAGR)

EPS+13.4%
Sales+17.0%
Profit+14.0%
3Y Return+26.0%

Balance Sheet

Debt/Equity0.4
Debt1,938 Cr
Pledge0.0%
CWIP/Fixed Asset0.5%

Cash Position

CFO/NP180.1%
FCF1,082 Cr
FCF 3Y Avg2,118 Cr
Cash/MCap1.0%

Others

Div Yield1.1%
Div Payout57.0%
Cash Conv. Cycle79 days
Tradeable Free Float11.7%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 76.66 Cr
3.40% FF
60d high
₹ 87.24 Cr
60d low
₹ 44.46 Cr
60d mean
₹ 70.77 Cr
vs mean
▲ 8.31%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
Sales
+12.0%
+13.0%
+17.0%
--
+20.0%
Accelerating
ROE
+16.0%
+16.0%
+16.0%
--
--
Stable
Return
+20.0%
+8.0%
+26.0%
-16.0%
--
Stable
Profit
+11.0%
+10.0%
+14.0%
--
+28.0%
Accelerating

Quarterly Results

Jun 2026

6 Aug
Rev
2.7K Cr
+23% YoY+6% QoQ
OPM17.0%
NPM6.1%
PAT
--166 Cr
EPS
-2% YoY2.4

Mar 2026

6 May
Rev
2.6K Cr
+20% YoY+6% QoQ
OPM17.0%
NPM7.9%
PAT
+28% YoY205 Cr
EPS
+28% YoY2.9

Dec 2025

3 Feb
Rev
2.4K Cr
+16% YoY+6% QoQ
OPM16.0%
NPM4.9%
PAT
+27% YoY120 Cr
EPS
-25% YoY1.7

Sep 2025

PDF
Rev
2.3K Cr
+20% YoY+4% QoQ
OPM16.0%
NPM7.8%
PAT
+29% YoY180 Cr
EPS
+30% YoY2.5

Jun 2025

PDF
Rev
2.2K Cr
+24% YoY+3% QoQ
OPM16.0%
NPM7.6%
PAT
+25% YoY169 Cr
EPS
+24% YoY2.4

Mar 2025

PDF
Rev
2.2K Cr
+29% YoY+3% QoQ
OPM15.0%
NPM7.5%
PAT
+20% YoY161 Cr
EPS
+19% YoY2.3

Dec 2024

PDF
Rev
2.1K Cr
+32% YoY+9% QoQ
OPM15.0%
NPM7.6%
PAT
+19% YoY160 Cr
EPS
+24% YoY2.3

Sep 2024

PDF
Rev
1.9K Cr
+25% YoY+7% QoQ
OPM15.0%
NPM7.2%
PAT
+9% YoY138 Cr
EPS
+9% YoY2.0

Jun 2024

PDF
Rev
1.8K Cr
+17% YoY+7% QoQ
OPM15.0%
NPM7.5%
PAT
+7% YoY135 Cr
EPS
+7% YoY1.9

Mar 2024

PDF
Rev
1.7K Cr
+7% YoY+5% QoQ
OPM15.0%
NPM8.0%
PAT
-6% YoY134 Cr
EPS
-6% YoY1.9

Dec 2023

PDF
Rev
1.6K Cr
+6% YoY+4% QoQ
OPM15.0%
NPM8.1%
PAT
-18% YoY129 Cr
EPS
-19% YoY1.8

Sep 2023

PDF
Rev
1.5K Cr
+3% YoY+1% QoQ
OPM15.0%
NPM8.3%
PAT
-2% YoY127 Cr
EPS
-3% YoY1.8

Jun 2023

PDF
Rev
1.5K Cr
---2% QoQ
OPM16.0%
NPM8.2%
PAT
+48% YoY126 Cr
EPS
--1.8

Mar 2023

Rev
1.6K Cr
--+3% QoQ
OPM16.0%
NPM9.1%
PAT
+7% YoY141 Cr
EPS
--2.0

Dec 2022

Rev
1.5K Cr
--+1% QoQ
OPM14.0%
NPM10.5%
PAT
+17% YoY158 Cr
EPS
--2.3

Sep 2022

Rev
1.5K Cr
----
OPM13.0%
NPM8.7%
PAT
-4% YoY129 Cr
EPS
--1.9

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.67
Interest Coverage5.5x
Promoter Pledge0.0%
Borrowings2.9K Cr

Efficiency

Receivable Days79 days
Inventory Days days
Payable Days days
Cash Conversion cycle79 days

Cash Position

Operating Cash Flow1.2K Cr
Investing Cash Flow-443 Cr
Financing Cash Flow-667 Cr
Free Cash Flow1.1K Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023
Dec 2022
Sep 2022
Sales2,7252,5832,4432,3122,2182,1612,1021,9251,7911,6701,5971,5401,5291,5571,5051,488
Expenses2,2742,1532,0401,9361,8711,8291,7851,6381,5211,4201,3591,3111,2891,3131,2951,296
Operating Profit451430403376347333318287270250237229240244210192
OPM %17.0%17.0%16.0%16.0%16.0%15.0%15.0%15.0%15.0%15.0%15.0%15.0%16.0%16.0%14.0%13.0%
Other Income-66-2-971727-32315172136249
Interest52524343434339343227252625212020
Depreciation115116111110979184797367666561646966
Profit Before Tax219261152224213202201171167159161154155172184155
Tax %24.0%21.0%21.0%20.0%21.0%20.0%20.0%19.0%19.0%16.0%20.0%18.0%19.0%18.0%14.0%16.0%
Net Profit166205120180169161160138135134129127126141158129
Exceptional Items--0-1002009000000000
EPS (Rs)2.42.91.72.52.42.32.32.01.91.91.81.81.82.02.31.9
Sales Growth (YoY)22.9%19.5%16.2%20.1%23.8%29.4%31.6%25.0%17.1%7.3%6.1%3.5%--------
Sales Growth (QoQ)5.5%5.7%5.7%4.2%2.6%2.8%9.2%7.5%7.3%4.6%3.7%0.7%-1.8%3.5%1.1%--
OP Growth (YoY)30.0%29.1%26.7%31.0%28.5%33.2%34.2%25.3%12.5%2.5%12.9%19.3%--------
OP Growth (QoQ)4.9%6.7%7.2%8.4%4.2%4.7%10.8%6.3%8.0%5.5%3.5%-4.6%-1.6%16.2%9.4%--
Profit Growth (YoY)--28.0%27.0%29.0%25.0%20.0%19.0%9.0%7.0%-6.0%-18.0%-2.0%48.0%7.0%17.0%-4.0%
EPS Growth (YoY)-1.7%27.8%-25.1%29.6%24.5%19.5%24.0%8.9%7.3%-5.9%-19.0%-2.7%--------
EPS Growth (QoQ)-19.0%70.6%-33.1%6.3%5.3%0.0%15.8%2.1%1.1%3.8%1.7%0.6%-11.4%-10.6%22.2%--
OP Margin16.6%16.6%16.5%16.3%15.6%15.4%15.1%14.9%15.1%15.0%14.8%14.9%15.7%15.7%13.9%12.9%
Net Margin6.1%7.9%4.9%7.8%7.6%7.5%7.6%7.2%7.5%8.0%8.1%8.3%8.2%9.1%10.5%8.7%
Material Cost %--------------------------------
Employee Cost %--57.0%59.0%59.0%60.0%63.0%62.0%63.0%63.0%63.0%62.0%61.0%60.0%62.0%66.0%64.0%
P/S1.912.481.671.69------------------------
P/E29.0935.6224.5722.51------------------------
P/B4.395.403.493.40------------------------

Shareholding Pattern

Shareholders:2.4L (-21.6%)
Current MixJun 2026

Exchange Filings

50
Company Update20 Aug 2026

The Intimation of Investor/Analyst sessions scheduled to be held on Wednesday, August 26, 2026, is as enclosed.

Company Update19 Aug 2026

Allotment of ESOP, is as enclosed

Company Update12 Aug 2026

Allotment of ESOP is as enclosed

Company Update11 Aug 2026

The transcript of the investor/analyst call held on Thursday, August 06, 2026, is as enclosed

Company Update11 Aug 2026

Press Release is as enclosed

Company Update10 Aug 2026

Newspaper Publication for Quarter ended 30th June 2026, is as enclosed

Company Update07 Aug 2026

Voting Result in respect of 25th Annual General Meeting ("AGM") held on August 6, 2026, is as enclosed.

AGM/EGM07 Aug 2026

Scrutinizer''s Report in respect of 25th Annual General Meeting ("AGM"") held on August 6, 2026, is as enclosed

Result06 Aug 2026

The Audited Financial Statements for the Quarter Ended June 30, 2026 is as enclosed

Company Update06 Aug 2026

Audio recording of Q1FY27 investor/analyst conference call held on Thursday, 6th August 2026 is as enclosed.

Board Meeting06 Aug 2026

The outcome of Board Meeting held on August 06, 2026 is as enclosed.

AGM/EGM06 Aug 2026

Proceeding of 25th Annual General Meeting held on August 06, 2026 is as enclosed

Board Meeting20 Jul 2026

Firstsource Solutions Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/08/2026 ,inter alia, to consider and approve the Audited Standalone ....

Company Update15 Jul 2026

Newspaper Publication is as attached

Others14 Jul 2026

The Business Responsibility and Sustainability Report (BRSR) of the Company for FY 2025-26 is as enclosed.

Others14 Jul 2026

Annual Report of the Company for FY 2025-26 is as enclosed.

AGM/EGM14 Jul 2026

The Notice of 25th Annual General Meeting (AGM) of the Company for FY 2025-26 is as enclosed.

Company Update11 Jul 2026

Newspaper Publication

Company Update02 Jul 2026

Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 for the quarter ended 30th June 2026, is as enclosed

Company Update29 Jun 2026

Enclosed

Insider Trading / SAST25 Jun 2026

Intimation of Closure of Trading Window for Q1FY27, is as enclosed

Company Update24 Jun 2026

The Intimation of Investor/Analyst sessions scheduled to be held on Tuesday, June 30, 2026, is as enclosed.

Company Update18 Jun 2026

The Intimation of Investor/Analyst sessions scheduled to be held on Wednesday, June 24, 2026, is as enclosed.

Company Update17 Jun 2026

Allotment of ESOP dated June 17, 2026, is as enclosed

Company Update17 Jun 2026

Notice given to shareholders regarding transfer of equity shares to the Investor Education and Protection Fund ("IEPF"), is as enclosed

Company Update15 Jun 2026

The Intimation of Investor/Analyst sessions scheduled to be held on Friday, June 26, 2026, is as enclosed.

Company Update12 Jun 2026

Special Window for Transfer and Dematerialisation of Physical Securities is as enclosed.

Company Update10 Jun 2026

Allotment of ESOP dated June 10, 2026, is as enclosed.

Company Update02 Jun 2026

The Intimation of Investor/Analyst sessions scheduled to be held on Tuesday, June 9, 2026, & Thursday, June 11, 2026, is as enclosed.

Company Update01 Jun 2026

The Press Release dated June 1, 2026 is as enclosed

Company Update20 May 2026

Allotment of ESOP

Company Update19 May 2026

Annual Secretarial Compliance report for the Financial Year ended on March 31, 2026 is as enclosed

Company Update13 May 2026

Allotment of ESOP

Company Update12 May 2026

The transcript of the investor/analyst call held on Wednesday May 06, 2026, is as enclosed

Company Update08 May 2026

Newspaper Publication for Quarter and Financial Year ended 31st March 2026

Company Update08 May 2026

The intimation of Investor/Analyst session scheduled to be held on May 13, 2026, is as enclosed.

Company Update06 May 2026

Investor Presentation Q4FY26

Result06 May 2026

The Audited Standalone and Consolidated Financial Statements of the Company as of March 31, 2026 are as enclosed

Board Meeting06 May 2026

The outcome of Board Meeting held on May 06, 2026 is as enclosed.

Company Update06 May 2026

Earning Presentation Q4FY26

Company Update06 May 2026

Grant of Stock Option

Company Update06 May 2026

Audio recording of Q4FY26 investor/analyst conference call held on Wednesday, 6th May 2026 is as enclosed.

Company Update30 Apr 2026

The Press Release dated April 30, 2026 is as enclosed

Company Update29 Apr 2026

The intimation of Investor/Analyst session scheduled to be held on May 7 and 8, 2026, is as enclosed.

Company Update28 Apr 2026

Resignation of Ms. Jagriti Bhattacharyya as Executive Vice President - General Counsel and Senior Management Personnel

Board Meeting22 Apr 2026

Firstsource Solutions Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/05/2026 ,inter alia, to consider and approve the Audited Standalone ....

Company Update22 Apr 2026

Schedule of Conference call with Investors/Analysts on Wednesday, 6th May 2026

Company Update16 Apr 2026

Press Release

AGM/EGM13 Apr 2026

Outcome of Postal Ballot is attached

AGM/EGM13 Apr 2026

Scrutinizer''s Report and Voting Result is attached

Annual Reports

15

2026

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

Credit Ratings

6
careRating update
16 Dec 2025Report
crisilRating update
09 Dec 2025Report
careRating update
17 Dec 2024Report
crisilRating update
25 Sept 2024Report
careRating update
18 Dec 2023Report
crisilRating update
28 Jun 2023Report

Concalls

72

Feb 2026

28 Feb 2026

Feb 2026

28 Feb 2026

Nov 2025

30 Nov 2025

Nov 2025

30 Nov 2025

Aug 2025

31 Aug 2025

Jul 2025

31 Jul 2025

Jul 2025

31 Jul 2025

May 2025

31 May 2025

Apr 2025

30 Apr 2025

Mar 2025

31 Mar 2025

Feb 2025

28 Feb 2025

Feb 2025

28 Feb 2025

Oct 2024

31 Oct 2024

Oct 2024

31 Oct 2024

Aug 2024

31 Aug 2024

Aug 2024

31 Aug 2024

Jul 2024

31 Jul 2024

Jul 2024

31 Jul 2024

May 2024

31 May 2024

May 2024

31 May 2024

Feb 2024

29 Feb 2024

Feb 2024

29 Feb 2024

Feb 2024

29 Feb 2024

Dec 2023

31 Dec 2023

Nov 2023

30 Nov 2023

Sep 2023

30 Sept 2023

Aug 2023

31 Aug 2023

May 2023

31 May 2023

Feb 2023

28 Feb 2023

Nov 2022

30 Nov 2022

Aug 2022

31 Aug 2022

Aug 2022

31 Aug 2022

May 2022

31 May 2022

May 2022

31 May 2022

Feb 2022

28 Feb 2022

Nov 2021

30 Nov 2021

Nov 2021

30 Nov 2021

Jul 2021

31 Jul 2021

Jun 2021

30 Jun 2021

May 2021

31 May 2021

Feb 2021

28 Feb 2021

Oct 2020

31 Oct 2020

Aug 2020

31 Aug 2020

Aug 2020

31 Aug 2020

Aug 2020

31 Aug 2020

May 2020

31 May 2020

Feb 2020

29 Feb 2020

Nov 2019

30 Nov 2019

Aug 2019

31 Aug 2019

Aug 2019

31 Aug 2019

May 2019

31 May 2019

May 2019

31 May 2019

Feb 2019

28 Feb 2019

Feb 2019

28 Feb 2019

Nov 2018

30 Nov 2018

Nov 2018

30 Nov 2018

Sep 2018

30 Sept 2018

Aug 2018

31 Aug 2018

May 2018

31 May 2018

Feb 2018

28 Feb 2018

Feb 2018

28 Feb 2018

Feb 2018

28 Feb 2018

Nov 2017

30 Nov 2017

Nov 2017

30 Nov 2017

Sep 2017

30 Sept 2017

Aug 2017

31 Aug 2017

Aug 2017

31 Aug 2017

May 2017

31 May 2017

Jan 2017

31 Jan 2017

Oct 2016

31 Oct 2016

Jul 2016

31 Jul 2016

May 2016

31 May 2016

Held by ETFs

13 ETFs hold fsl · sorted by weight

#ETFWeight %
1

SMALLCAP

MIRAEAMC - SMALLCAP

0.58%
2

SML100CASE

ZERODHAAMC - SML100CASE

0.81%
3

SMALL250

MIRAEAMC - SMALL250

0.44%
4

HDFCSML250

HDFCAMC - HDFCSML250

0.44%
5

GROWWSC250

GROWWAMC - GROWWSC250

0.44%
6

SMALLADD

DSPAMC - SMALLADD

0.44%
7

MULTICAP

MIRAEAMC - MULTICAP

0.11%
8

HDFCBSE500

HDFCAMC - HDFCBSE500

0.05%
9

SBISMLETF

SBIAMC - SBISMLETF

0.44%
10

MONIFTY500

MOTILALAMC - MONIFTY500

0.05%
11

BSE500IETF

ICICIPRAMC - ICICI500

0.05%
12

MOSMALL250

MOTILALAMC - MOSMALL250

0.44%
13

AONETOTAL

AONEAMC - AONETOTAL

0.05%

Held by Mutual Funds

57 schemes hold fsl · sorted by weight

#SchemeWeight %
1

Motilal Oswal Digital India Fund

Motilal Oswal Mutual Fund

4.34%
2

HDFC Technology Fund

HDFC Mutual Fund

3.74%
3

SBI Technology Opportunities Fund

SBI Mutual Fund

4.66%
4

SBI Innovative Opportunities Fund

SBI Mutual Fund

3.50%
5

Aditya Birla Sun Life Digital India Fund

Aditya Birla Sun Life Mutual Fund

2.37%
6

Tata Digital India Fund

Tata Mutual Fund

1.87%
7

WhiteOak Capital Digital Bharat Fund

WhiteOak Capital Mutual Fund

1.86%
8

Edelweiss Technology Fund

Edelweiss Mutual Fund

1.81%
9

Aditya Birla Sun Life Conglomerate Fund

Aditya Birla Sun Life Mutual Fund

1.59%
10

Kotak Technology Fund

Kotak Mahindra Mutual Fund

1.32%
11

JM Small Cap Fund

JM Financial Mutual Fund

1.44%
12

Tata India Innovation Fund

Tata Mutual Fund

1.21%
13

Tata Multicap Fund

Tata Mutual Fund

1.13%
14

HSBC India Export Opportunities Fund

HSBC Mutual Fund

1.31%
15

HDFC Small Cap Fund

HDFC Mutual Fund

3.31%
16

Canara Robeco Small Cap Fund

Canara Robeco Mutual Fund

0.95%
17

Aditya Birla Sun Life Small Cap Fund

Aditya Birla Sun Life Mutual Fund

0.91%
18

Edelweiss Small Cap Fund

Edelweiss Mutual Fund

0.80%
19

Invesco India Technology Fund

Invesco Mutual Fund

2.60%
20

Edelweiss Multi Cap Fund

Edelweiss Mutual Fund

0.69%
21

Axis Services Opportunities Fund

Axis Mutual Fund

0.67%
22

Baroda BNP Paribas Midcap Fund

BNP Paribas Mutual Fund

0.76%
23

ICICI Prudential Technology Direct Plan-Growth

ICICI Prudential Mutual Fund

0.50%
24

Edelweiss Mid Cap Direct Plan-Growth

Edelweiss Mutual Fund

0.41%
25

Bank of India Mid Cap Fund

Bank of India Mutual Fund

0.64%
26

Motilal Oswal Nifty Smallcap 250 Index Fund

Motilal Oswal Mutual Fund

0.41%
27

Kotak Nifty Smallcap 250 Index Fund

Kotak Mahindra Mutual Fund

0.41%
28

Axis Multicap Fund

Axis Mutual Fund

0.45%
29

Groww Nifty Smallcap 250 Index Fund

Groww Mutual Fund

0.34%
30

HSBC Small Cap Fund

HSBC Mutual Fund

0.35%
31

Bank of India Small Cap Fund

Bank of India Mutual Fund

0.37%
32

HDFC Nifty Smallcap 250 Index Fund

HDFC Mutual Fund

0.34%
33

Bandhan Nifty Smallcap 250 Index Fund

Bandhan Mutual Fund

0.34%
34

SBI Nifty Smallcap 250 Index Fund

SBI Mutual Fund

0.34%
35

ICICI Prudential Nifty Smallcap 250 Index Fund

ICICI Prudential Mutual Fund

0.34%
36

WhiteOak Capital Multi Cap Fund

WhiteOak Capital Mutual Fund

0.25%
37

Edelweiss Nifty Smallcap 250 Index Fund

Edelweiss Mutual Fund

0.34%
38

WhiteOak Capital Flexi Cap Fund

WhiteOak Capital Mutual Fund

0.21%
39

Axis Small Cap Fund

Axis Mutual Fund

0.21%
40

Axis Value Fund

Axis Mutual Fund

0.23%
41

WhiteOak Capital Balanced Advantage Fund

WhiteOak Capital Mutual Fund

0.19%
42

Nippon India Nifty 500 Equal Weight Index Fund

Nippon India Mutual Fund

0.19%
43

Edelweiss Flexi Cap Fund

Edelweiss Mutual Fund

0.20%
44

UTI Nifty500 Shariah Index Fund

UTI Mutual Fund

0.13%
45

WhiteOak Capital Equity Savings Fund

WhiteOak Capital Mutual Fund

0.10%
46

WhiteOak Capital Multi Asset Allocation Fund

WhiteOak Capital Mutual Fund

0.09%
47

WhiteOak Capital Balanced Hybrid Fund

WhiteOak Capital Mutual Fund

0.13%
48

HDFC Nifty500 Multicap 50:25:25 Index Fund

HDFC Mutual Fund

0.09%
49

SBI Nifty 500 Index Fund

SBI Mutual Fund

0.04%
50

Bandhan Nifty Total Market Index Fund

Bandhan Mutual Fund

0.04%
51

HDFC BSE 500 Index Fund

HDFC Mutual Fund

0.04%
52

ICICI Prudential Nifty 500 Index Fund

ICICI Prudential Mutual Fund

0.04%
53

Motilal Oswal Nifty 500 Index Fund

Motilal Oswal Mutual Fund

0.04%
54

Axis Nifty 500 Index Fund

Axis Mutual Fund

0.04%
55

Groww Nifty Total Market Index Fund

Groww Mutual Fund

0.04%
56

Motilal Oswal BSE 1000 Index Fund

Motilal Oswal Mutual Fund

0.03%
57

Baroda BNP Paribas Business Conglomerates Fund

Baroda BNP Paribas Mutual Fund

1.06%