Nifty
Sensex
:
:
23366.70
74243.34
-49.85 (-0.21%)
-116.67 (-0.16%)

BPO/ITeS

Rating :
47/99

BSE: 532809 | NSE: FSL

268.00
05-Jun-2026
  • Open
  • High
  • Low
  • Previous Close
  •  267
  •  271.8
  •  262.65
  •  265.60
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  1349712
  •  361144152.7
  •  403.8
  •  202

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 18,986.06
  • 28.15
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 20,654.25
  • 2.05%
  • 4.32

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 53.66%
  • 0.30%
  • 9.42%
  • FII
  • DII
  • Others
  • 8.85%
  • 23.74%
  • 4.03%

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
  • 7.42
  • 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
  • 18.77
  • 27.00
  • 34.03

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 3.19
  • 4.15
  • 4.82

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 12.50
  • 15.09
  • 17.58

Earnings Forecasts:

(Updated: 30-05-2026)
Description
2024
2025
2026
2027
Adj EPS
10.35
13.51
15.75
18.52
P/E Ratio
25.89
19.84
17.02
14.47
Revenue
9560.33
11140.3
12322.2
13875.5
EBITDA
1544.48
1868.73
2082.03
2350.36
Net Income
746.27
954.35
1107.25
1300.49
ROA
8.51
11.72
12.55
12.49
P/B Ratio
4.19
3.83
3.38
2.95
ROE
16.88
19.8
20.56
21.6
FCFF
706.83
947.01
1129.69
1099.02
FCFF Yield
3.19
4.28
5.1
4.96
Net Debt
1260.86
1274.3
844.93
341.4
BVPS
64.03
70.03
79.19
90.92

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Var%
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Net Sales
2,583.45
2,161.46
19.52%
2,443.08
2,102.38
16.21%
2,312.21
1,925.38
20.09%
2,217.65
1,791.10
23.81%
Expenses
2,153.04
1,828.64
17.74%
2,040.43
1,784.72
14.33%
1,936.19
1,638.11
18.20%
1,870.57
1,521.23
22.96%
EBITDA
430.42
332.82
29.33%
402.65
317.66
26.76%
376.03
287.27
30.90%
347.09
269.87
28.61%
EBIDTM
16.66%
15.40%
16.48%
15.11%
16.26%
14.92%
15.65%
15.07%
Other Income
-1.71
2.12
-
3.62
-2.09
-
-1.29
-2.73
-
6.83
1.84
271.20%
Interest
52.02
42.62
22.06%
43.25
39.32
9.99%
42.76
34.33
24.56%
43.44
31.60
37.47%
Depreciation
116.09
90.60
28.13%
111.20
84.40
31.75%
109.56
79.19
38.35%
97.25
72.85
33.49%
PBT
260.60
201.71
29.20%
151.68
200.65
-24.41%
224.33
171.03
31.16%
213.23
167.26
27.48%
Tax
55.36
41.03
34.93%
31.35
40.35
-22.30%
44.82
32.82
36.56%
43.90
32.01
37.14%
PAT
205.24
160.69
27.72%
120.33
160.31
-24.94%
179.51
138.21
29.88%
169.32
135.25
25.19%
PATM
7.94%
7.43%
4.93%
7.62%
7.76%
7.18%
7.64%
7.55%
EPS
2.94
2.31
27.27%
1.73
2.30
-24.78%
2.58
1.98
30.30%
2.43
1.94
25.26%

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
9,556.39
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
19.75%
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
0.00
Gross Profit
9,556.39
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
100.00%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
Total Expenditure
8,000.23
6,783.99
5,385.40
5,199.25
4,964.33
4,241.46
3,445.30
3,277.90
3,066.14
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
260.36
184.72
186.46
184.82
207.63
185.74
% Of Sales
-
5.26%
4.92%
4.81%
4.56%
5.13%
4.51%
4.87%
5.23%
5.84%
5.77%
General & Admin Exp.
-
1,162.62
988.40
930.69
623.38
416.82
398.17
450.06
422.74
434.90
399.91
% Of Sales
-
14.57%
15.60%
15.45%
10.53%
8.21%
9.71%
11.76%
11.96%
12.23%
12.43%
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
1,556.19
1,196.32
950.84
823.07
956.82
836.52
653.31
548.38
469.11
442.26
398.44
EBITDA Margin
16.28%
14.99%
15.01%
13.67%
16.16%
16.47%
15.94%
14.33%
13.27%
12.44%
12.38%
Other Income
7.45
10.43
42.44
134.29
3.59
3.88
9.15
7.93
7.70
7.45
9.44
Interest
181.47
147.88
103.38
78.97
63.94
87.16
83.06
45.96
52.88
53.83
60.80
Depreciation
434.10
327.04
260.22
263.17
249.37
206.35
185.20
74.44
65.92
58.96
60.88
PBT
849.84
731.84
629.67
615.22
647.10
546.89
394.21
435.92
358.01
336.92
286.21
Tax
175.43
146.20
114.95
101.50
110.57
70.16
54.53
58.14
31.43
57.68
25.29
Tax Rate
20.64%
19.74%
18.26%
16.50%
17.09%
16.25%
13.83%
13.34%
8.78%
17.12%
8.84%
PAT
674.40
594.45
514.73
513.72
537.37
361.69
339.68
377.79
326.52
279.24
260.93
PAT before Minority Interest
674.42
594.45
514.73
513.71
536.53
361.68
339.68
377.78
326.58
279.24
260.93
Minority Interest
0.02
0.00
0.00
0.01
0.84
0.01
0.00
0.01
-0.06
0.00
0.00
PAT Margin
7.06%
7.45%
8.12%
8.53%
9.08%
7.12%
8.29%
9.87%
9.24%
7.85%
8.11%
PAT Growth
13.45%
15.49%
0.20%
-4.40%
48.57%
6.48%
-10.09%
15.70%
16.93%
7.02%
 
EPS
9.68
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
739.74
588.02
710.45
602.96
599.02
351.77
200.71
494.23
499.61
488.55
Short Term Borrowings
1,190.80
667.26
527.10
694.98
436.71
834.14
538.99
349.02
252.17
152.53
Short Term Provisions
85.59
56.27
90.65
58.34
87.01
49.70
64.79
45.72
60.93
10.64
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
2,870.86
2,222.70
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
3,640.53
2,911.92
2,836.88
2,931.93
2,771.74
Accumulated Depreciation
1,225.50
965.37
743.22
698.58
830.26
769.67
689.23
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
0.00
2.02
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
168.30
356.85
294.65
265.62
286.77
198.06
Short Term Loans & Adv.
123.57
66.13
59.38
90.94
65.50
66.10
222.04
188.27
173.89
149.06
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 Solution - Quarterly Results
    7th May 2026, 00:00 AM

    Read More
  • Firstsource Solutions launches Intelligence That Operates
    20th Mar 2026, 14:08 PM

    The announcement marks a significant evolution of the company's UnBPO platform and a direct response to what has become the defining challenge of the agentic era

    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.