Nifty
Sensex
:
:
25966.40
84929.36
150.85 (0.58%)
447.55 (0.53%)

BPO/ITeS

Rating :
64/99

BSE: 532809 | NSE: FSL

346.50
19-Dec-2025
  • Open
  • High
  • Low
  • Previous Close
  •  345.25
  •  348
  •  341.2
  •  342.35
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  406485
  •  140147953.95
  •  422.3
  •  270

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 24,508.64
  • 36.59
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 25,652.73
  • 1.16%
  • 5.60

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 53.66%
  • 0.38%
  • 9.76%
  • FII
  • DII
  • Others
  • 9.25%
  • 22.84%
  • 4.11%

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
  • 16.72
  • 26.12
  • 29.27

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 3.05
  • 4.01
  • 4.55

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 12.32
  • 14.89
  • 16.96

Earnings Forecasts:

(Updated: 20-12-2025)
Description
2024
2025
2026
2027
Adj EPS
8.63
10.9
13.62
16.27
P/E Ratio
40.15
31.79
25.44
21.30
Revenue
7980.31
9428.03
10810.7
12274.7
EBITDA
1207.62
1520.85
1789.83
2053.52
Net Income
594.45
762.85
952.05
1136.65
ROA
8.49
9.3
11.31
12.62
P/B Ratio
5.89
5.37
4.78
4.19
ROE
15.25
17.34
19.53
20.74
FCFF
304.66
764.36
923.24
1032.99
FCFF Yield
1.19
2.98
3.6
4.03
Net Debt
2340.71
1093.74
765.48
515.67
BVPS
58.87
64.55
72.46
82.69

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Net Sales
2,312.21
1,925.38
20.09%
2,217.65
1,791.10
23.81%
2,161.46
1,670.46
29.39%
2,102.38
1,596.60
31.68%
Expenses
1,936.19
1,638.11
18.20%
1,870.57
1,521.23
22.96%
1,828.64
1,420.13
28.77%
1,784.72
1,359.47
31.28%
EBITDA
376.03
287.27
30.90%
347.09
269.87
28.61%
332.82
250.33
32.95%
317.66
237.13
33.96%
EBIDTM
16.26%
14.92%
15.65%
15.07%
15.40%
14.99%
15.11%
14.85%
Other Income
-1.29
-2.73
-
6.83
1.84
271.20%
2.12
2.81
-24.56%
-2.09
15.36
-
Interest
42.76
34.33
24.56%
43.44
31.60
37.47%
42.62
26.52
60.71%
39.32
25.42
54.68%
Depreciation
109.56
79.19
38.35%
97.25
72.85
33.49%
90.60
67.33
34.56%
84.40
66.27
27.36%
PBT
224.33
171.03
31.16%
213.23
167.26
27.48%
201.71
159.29
26.63%
200.65
160.79
24.79%
Tax
44.82
32.82
36.56%
43.90
32.01
37.14%
41.03
25.79
59.09%
40.35
32.06
25.86%
PAT
179.51
138.21
29.88%
169.32
135.25
25.19%
160.69
133.50
20.37%
160.31
128.73
24.53%
PATM
7.76%
7.18%
7.64%
7.55%
7.43%
7.99%
7.62%
8.06%
EPS
2.58
1.98
30.30%
2.43
1.94
25.26%
2.31
1.92
20.31%
2.30
1.85
24.32%

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
8,793.70
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
25.92%
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
8,793.70
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
7,420.12
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
1,373.60
1,196.32
950.84
823.07
956.82
801.59
628.58
531.42
456.64
442.26
398.44
EBITDA Margin
15.62%
14.99%
15.01%
13.67%
16.16%
15.79%
15.34%
13.89%
12.92%
12.44%
12.38%
Other Income
5.57
10.43
42.44
134.29
3.59
3.88
9.15
7.93
7.70
7.45
9.44
Interest
168.14
147.88
103.38
78.97
63.94
52.23
58.32
29.00
40.40
53.83
60.80
Depreciation
381.81
327.04
260.22
263.17
249.37
206.35
185.20
74.44
65.92
58.96
60.88
PBT
839.92
731.84
629.67
615.22
647.10
546.89
394.21
435.92
358.01
336.92
286.21
Tax
170.10
146.20
114.95
101.50
110.57
70.16
54.53
58.14
31.43
57.68
25.29
Tax Rate
20.25%
19.74%
18.26%
16.50%
17.09%
16.25%
13.83%
13.34%
8.78%
17.12%
8.84%
PAT
669.83
594.45
514.73
513.72
537.37
361.69
339.68
377.79
326.52
279.24
260.93
PAT before Minority Interest
669.84
594.45
514.73
513.71
536.53
361.68
339.68
377.78
326.58
279.24
260.93
Minority Interest
0.01
0.00
0.00
0.01
0.84
0.01
0.00
0.01
-0.06
0.00
0.00
PAT Margin
7.62%
7.45%
8.12%
8.53%
9.08%
7.12%
8.29%
9.87%
9.24%
7.85%
8.11%
PAT Growth
25.04%
15.49%
0.20%
-4.40%
48.57%
6.48%
-10.09%
15.70%
16.93%
7.02%
 
EPS
9.61
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’ arm completes acquisition of 100% stake in Pastdue Credit Solutions
    12th Dec 2025, 11:52 AM

    Pastdue Credit Solutions is engaged in the business of providing white-label, early arrears and debt collections & recovery services

    Read More
  • Firstsource Solution - Quarterly Results
    5th Nov 2025, 00:00 AM

    Read More
  • Firstsource Solutions signs strategic MoU with Monash University
    31st Oct 2025, 16:29 PM

    The two organizations will co-develop next generation AI solutions and advance practical applications across key business sectors and core AI capabilities

    Read More
  • Firstsource Solutions’ arm incorporates subsidiary in Canada
    30th Oct 2025, 10:21 AM

    Firstsource Group USA has incorporated a new subsidiary in Canada by the name of Firstsource Solutions Canada Inc

    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.