Nifty
Sensex
:
:
25405.30
83239.47
-48.10 (-0.19%)
-170.22 (-0.20%)

BPO/ITeS

Rating :
63/99

BSE: 532809 | NSE: FSL

368.10
03-Jul-2025
  • Open
  • High
  • Low
  • Previous Close
  •  367
  •  372.9
  •  367
  •  364.85
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  1457047
  •  538785902.95
  •  422.3
  •  224.76

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 26,043.23
  • 43.81
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 27,408.93
  • 1.09%
  • 6.50

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 53.66%
  • 0.36%
  • 10.45%
  • FII
  • DII
  • Others
  • 10.07%
  • 21.01%
  • 4.45%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 9.51
  • 9.46
  • 9.84

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.62
  • 8.34
  • 7.77

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.58
  • 10.45
  • 4.99

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 15.41
  • 20.94
  • 24.05

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 2.79
  • 3.61
  • 4.00

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 11.65
  • 13.73
  • 15.24

Earnings Forecasts:

(Updated: 06-06-2025)
Description
2024
2025
2026
2027
Adj EPS
7.52
8.53
11.3
14.1
P/E Ratio
48.95
43.15
32.58
26.11
Revenue
6333
7972
9345
10669
EBITDA
956
1208
1487
1748
Net Income
515
594
790
986
ROA
8.8
8.5
9.9
12.6
P/B Ratio
10.64
6.26
5.65
5.02
ROE
14.57
15.25
18.08
20.12
FCFF
460
305
810
937
FCFF Yield
1.57
1.04
2.77
3.2
Net Debt
1315
2341
994
617
BVPS
34.59
58.79
65.13
73.35

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Sep 24
Sep 23
Var%
Jun 24
Jun 23
Var%
Net Sales
2,161.46
1,670.46
29.39%
2,102.38
1,596.60
31.68%
1,925.38
1,539.97
25.03%
1,791.10
1,529.21
17.13%
Expenses
1,828.64
1,420.13
28.77%
1,784.72
1,359.47
31.28%
1,638.11
1,311.17
24.93%
1,521.23
1,289.03
18.01%
EBITDA
332.82
250.33
32.95%
317.66
237.13
33.96%
287.27
228.80
25.56%
269.87
240.18
12.36%
EBIDTM
15.40%
14.99%
15.11%
14.85%
14.92%
14.86%
15.07%
15.71%
Other Income
2.12
2.81
-24.56%
-2.09
15.36
-
-2.73
16.94
-
1.84
1.73
6.36%
Interest
42.62
26.52
60.71%
39.32
25.42
54.68%
34.33
26.07
31.68%
31.60
25.37
24.56%
Depreciation
90.60
67.33
34.56%
84.40
66.27
27.36%
79.19
65.37
21.14%
72.85
61.25
18.94%
PBT
201.71
159.29
26.63%
200.65
160.79
24.79%
171.03
154.30
10.84%
167.26
155.29
7.71%
Tax
41.03
25.79
59.09%
40.35
32.06
25.86%
32.82
27.79
18.10%
32.01
29.31
9.21%
PAT
160.69
133.50
20.37%
160.31
128.73
24.53%
138.21
126.51
9.25%
135.25
125.98
7.36%
PATM
7.43%
7.99%
7.62%
8.06%
7.18%
8.21%
7.55%
8.24%
EPS
2.31
1.92
20.31%
2.30
1.85
24.32%
1.98
1.82
8.79%
1.94
1.81
7.18%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
-
7,980.31
6,336.24
6,022.32
5,921.15
5,077.98
4,098.61
3,826.28
3,535.25
3,555.61
3,217.25
Net Sales Growth
-
25.95%
5.21%
1.71%
16.60%
23.90%
7.12%
8.23%
-0.57%
10.52%
 
Cost Of Goods Sold
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit
-
7,980.31
6,336.24
6,022.32
5,921.15
5,077.98
4,098.61
3,826.28
3,535.25
3,555.61
3,217.25
GP Margin
-
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
Total Expenditure
-
6,783.99
5,385.40
5,199.25
4,964.33
4,276.39
3,470.03
3,294.86
3,078.61
3,113.35
2,818.81
Power & Fuel Cost
-
42.43
30.92
33.37
25.86
22.09
28.50
28.07
31.71
36.20
35.74
% Of Sales
-
0.53%
0.49%
0.55%
0.44%
0.44%
0.70%
0.73%
0.90%
1.02%
1.11%
Employee Cost
-
4,995.16
3,908.65
3,867.48
3,946.76
3,467.23
2,773.53
2,557.26
2,395.47
2,383.44
2,172.67
% Of Sales
-
62.59%
61.69%
64.22%
66.66%
68.28%
67.67%
66.83%
67.76%
67.03%
67.53%
Manufacturing Exp.
-
420.06
311.80
289.64
270.21
229.34
163.23
140.63
127.83
137.01
86.38
% Of Sales
-
5.26%
4.92%
4.81%
4.56%
4.52%
3.98%
3.68%
3.62%
3.85%
2.68%
General & Admin Exp.
-
1,162.62
988.40
930.69
623.38
482.77
444.40
512.85
492.20
505.51
499.26
% Of Sales
-
14.57%
15.60%
15.45%
10.53%
9.51%
10.84%
13.40%
13.92%
14.22%
15.52%
Selling & Distn. Exp.
-
88.43
68.34
40.75
58.64
54.02
37.96
34.52
14.20
12.81
9.49
% Of Sales
-
1.11%
1.08%
0.68%
0.99%
1.06%
0.93%
0.90%
0.40%
0.36%
0.29%
Miscellaneous Exp.
-
75.29
77.28
37.33
39.48
20.94
22.42
21.53
17.18
38.39
9.49
% Of Sales
-
0.94%
1.22%
0.62%
0.67%
0.41%
0.55%
0.56%
0.49%
1.08%
0.47%
EBITDA
-
1,196.32
950.84
823.07
956.82
801.59
628.58
531.42
456.64
442.26
398.44
EBITDA Margin
-
14.99%
15.01%
13.67%
16.16%
15.79%
15.34%
13.89%
12.92%
12.44%
12.38%
Other Income
-
10.43
42.44
134.29
3.59
3.88
9.15
7.93
7.70
7.45
9.44
Interest
-
147.88
103.38
78.97
63.94
52.23
58.32
29.00
40.40
53.83
60.80
Depreciation
-
327.04
260.22
263.17
249.37
206.35
185.20
74.44
65.92
58.96
60.88
PBT
-
731.84
629.67
615.22
647.10
546.89
394.21
435.92
358.01
336.92
286.21
Tax
-
146.20
114.95
101.50
110.57
70.16
54.53
58.14
31.43
57.68
25.29
Tax Rate
-
19.74%
18.26%
16.50%
17.09%
16.25%
13.83%
13.34%
8.78%
17.12%
8.84%
PAT
-
594.45
514.73
513.72
537.37
361.69
339.68
377.79
326.52
279.24
260.93
PAT before Minority Interest
-
594.45
514.73
513.71
536.53
361.68
339.68
377.78
326.58
279.24
260.93
Minority Interest
-
0.00
0.00
0.01
0.84
0.01
0.00
0.01
-0.06
0.00
0.00
PAT Margin
-
7.45%
8.12%
8.53%
9.08%
7.12%
8.29%
9.87%
9.24%
7.85%
8.11%
PAT Growth
-
15.49%
0.20%
-4.40%
48.57%
6.48%
-10.09%
15.70%
16.93%
7.02%
 
EPS
-
8.53
7.38
7.37
7.71
5.19
4.87
5.42
4.68
4.01
3.74

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
4,097.63
3,700.40
3,366.84
3,032.94
2,799.29
2,765.38
2,720.73
2,351.76
2,028.00
1,777.02
Share Capital
696.99
696.99
696.99
696.99
696.10
693.83
691.07
686.52
681.31
673.32
Total Reserves
3,297.96
2,956.35
2,604.69
2,284.52
2,074.78
2,059.56
2,017.39
1,653.20
1,334.41
1,095.31
Non-Current Liabilities
1,137.00
465.63
442.71
859.26
359.13
239.07
-171.69
-155.58
248.46
307.65
Secured Loans
0.00
0.00
0.00
273.30
0.00
0.00
0.92
2.88
348.42
401.80
Unsecured Loans
341.90
0.00
139.37
0.00
84.55
2.78
6.03
11.34
9.58
7.98
Long Term Provisions
39.02
39.29
13.70
14.34
10.39
8.59
6.75
5.17
9.52
45.68
Current Liabilities
2,413.75
1,617.13
1,559.65
1,534.33
1,401.55
1,330.88
894.66
982.59
912.09
738.59
Trade Payables
397.62
305.58
231.45
178.06
278.80
95.28
90.17
93.62
99.38
86.87
Other Current Liabilities
761.00
597.60
718.46
608.54
603.67
355.38
204.83
497.53
148.54
491.00
Short Term Borrowings
1,190.80
667.26
527.10
694.98
436.71
834.14
538.99
349.02
606.68
152.53
Short Term Provisions
64.33
46.69
82.64
52.75
82.36
46.08
60.67
42.42
57.48
8.18
Total Liabilities
7,648.78
5,783.54
5,369.55
5,426.90
4,560.51
4,335.92
3,444.29
3,180.02
3,189.73
2,825.23
Net Block
4,993.55
3,853.02
3,716.24
3,743.64
2,997.56
2,423.56
2,159.49
2,079.70
2,067.82
2,021.56
Gross Block
6,219.05
4,818.39
4,459.46
4,442.22
3,827.82
3,193.23
2,760.22
2,836.88
2,931.93
2,771.74
Accumulated Depreciation
1,225.50
965.37
743.22
698.58
830.26
769.67
600.73
757.19
864.11
750.18
Non Current Assets
5,424.72
4,248.81
3,961.31
4,005.74
3,329.22
3,231.60
2,593.31
2,390.93
2,405.41
2,177.74
Capital Work in Progress
49.14
17.09
3.42
2.93
0.00
447.29
65.23
2.15
4.29
2.26
Non Current Investment
11.53
11.51
11.57
11.46
11.74
12.22
12.16
12.26
10.58
8.38
Long Term Loans & Adv.
165.63
152.69
123.25
129.03
151.80
137.62
112.49
98.44
117.37
119.67
Other Non Current Assets
204.88
214.50
106.83
118.67
168.11
210.90
243.94
198.39
205.35
25.87
Current Assets
2,224.05
1,534.73
1,408.25
1,421.17
1,231.29
1,104.32
850.97
789.09
784.32
647.49
Current Investments
61.56
30.03
59.55
118.54
82.57
0.00
121.75
22.00
152.27
76.77
Inventories
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Sundry Debtors
1,686.03
1,160.82
1,038.49
960.53
843.09
556.72
387.19
378.48
306.54
304.07
Cash & Bank
166.99
188.46
155.55
89.83
137.33
190.75
47.38
123.00
38.73
68.58
Other Current Assets
309.46
89.30
95.27
161.33
168.29
356.85
294.64
265.62
286.77
198.06
Short Term Loans & Adv.
123.57
66.13
59.38
90.94
5.42
5.38
11.05
3.48
1.90
20.27
Net Current Assets
-189.70
-82.40
-151.41
-113.16
-170.26
-226.56
-43.69
-193.50
-127.77
-91.10
Total Assets
7,648.77
5,783.54
5,369.56
5,426.91
4,560.51
4,335.92
3,444.28
3,180.02
3,189.73
2,825.23

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
701.10
644.05
795.02
703.56
975.57
410.40
400.01
315.09
199.80
297.14
PBT
740.65
629.67
615.22
647.10
431.83
394.21
435.92
358.01
336.92
286.21
Adjustment
576.71
327.29
168.90
339.39
324.00
205.10
91.18
106.05
78.63
105.15
Changes in Working Capital
-494.40
-241.14
76.50
-188.45
289.55
-135.39
-64.14
-74.39
-159.06
-36.55
Cash after chg. in Working capital
822.97
715.83
860.62
798.04
1,045.38
463.92
462.96
389.67
256.50
354.81
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-121.87
-71.78
-65.59
-94.49
-69.81
-53.52
-62.95
-74.58
-56.69
-57.66
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-745.90
-57.99
16.35
-594.58
-348.09
14.32
-204.07
91.63
-231.49
-101.10
Net Fixed Assets
-320.51
-280.20
79.87
-58.19
-64.03
-205.29
18.26
126.88
-21.12
102.09
Net Investments
-367.52
23.31
47.63
-49.45
-87.90
117.15
-97.33
126.48
-77.14
-21.57
Others
-57.87
198.90
-111.15
-486.94
-196.16
102.46
-125.00
-161.73
-133.23
-181.62
Cash from Financing Activity
22.59
-563.45
-743.38
-157.96
-688.69
-276.80
-272.58
-326.78
3.51
-207.44
Net Cash Inflow / Outflow
-22.21
22.61
67.99
-48.98
-61.22
147.92
-76.64
79.95
-28.18
-11.40
Opening Cash & Equivalents
174.77
151.54
82.82
131.62
189.22
47.38
123.00
38.73
68.58
79.98
Closing Cash & Equivalent
154.21
174.77
151.54
82.82
131.62
190.75
47.38
123.00
38.73
68.58

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
57.32
52.42
47.37
42.78
39.81
39.68
39.19
34.08
29.59
26.27
ROA
8.85%
9.23%
9.52%
10.74%
8.13%
8.73%
11.41%
10.25%
9.28%
8.35%
ROE
15.54%
14.80%
16.35%
18.65%
13.09%
12.44%
14.97%
15.00%
14.76%
13.54%
ROCE
17.53%
16.85%
16.86%
19.10%
13.81%
13.14%
14.75%
13.24%
13.81%
12.00%
Fixed Asset Turnover
1.45
1.37
1.35
1.43
1.45
1.38
1.37
1.23
1.25
1.07
Receivable days
65.10
63.35
60.58
55.59
50.31
42.03
36.52
35.36
31.34
33.64
Inventory Days
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Payable days
0.00
0.00
0.00
0.00
0.00
0.00
11.77
13.28
12.83
13.01
Cash Conversion Cycle
65.10
63.35
60.58
55.59
50.31
42.03
24.75
22.09
18.51
20.62
Total Debt/Equity
0.38
0.22
0.25
0.34
0.22
0.31
0.21
0.29
0.48
0.50
Interest Cover
6.01
7.09
8.79
11.12
9.27
7.76
16.03
9.86
7.26
5.71

News Update:


  • Firstsource Solutions launches Firstsource Gigsourcing Platform
    30th May 2025, 09:10 AM

    This launch follows Firstsource's recent introduction of Agentic AI Studio, reinforcing Firstsource’s commitment to transforming the future of work through innovation

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.