Firstsource Solutions Limited share price

NSE: FSL · ISIN INE684F01012

Key numbers

Market cap
₹ 17,916 Cr
Current price
₹ 259.45
52-week high / low
₹ 372 / 202
Stock P/E
27.3
Book value
₹ 63.5
Dividend yield
2.12%
ROCE
14.8%
ROE
15.9%
Debt to equity
0.67
Sales growth (3 yrs)
17.1%
Profit growth (3 yrs)
9.5%
1-year return
-27.3%

About Firstsource Solutions Limited

Firstsource Solutions Limited provides technology-enabled business process services in Asia, the United Kingdom, the United States, and internationally. The company operates through four segments: Healthcare; Banking and Financial Services; Communications, Media and Technology; and Diverse Industries. It offers core banking, card and digital payments, consumer lending, mortgage, commercial lending, and fraud management; member enrollment, member engagement, digital mailroom, network operations, claims optimization, population health, and data intelligence solutions, as well as business process as a service solution; and patient access, revenue integrity, revenue recovery, and revenue command center solutions. The company also provides customer acquisition, subscriber operations, complaints and dispute management, revenue operations, and collections solutions; customer lifecycle management, community management, and billing operations; and managed engineering, customer support and success, revenue operations, and AI data solutions. In addition, it offers acquire and enroll, fund and pay, learn and engage, support and serve, collect and recover, and credential and place; customer…

Quarterly results

Consolidated figures in ₹ crores

Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales2,1682,2212,4672,6132,752
Operating profit333347403430451
Net profit161169120205166
EPS (₹)2.332.451.742.972.40

Concall summary (2026-08-11)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • In Q1FY27, our BFS vertical grew 14% year-on-year and 5% sequentially in constant currency terms.
  • Outlook for FY27 I wanted to provide our outlook for FY27.

Growth & demand

  • Our revenue grew by 22.9% year -on-year and 5.5% quarter-on-quarter and came in at INR27.2 billion.
  • In US dollar terms, the growth was 11.2% year-on-year and 1.8% quarter-on-quarter to $288 million.

Margins & costs

  • This is also the seventh straight quarter of the margin improvement, with a margin up 110 basis points year-on-year and 20 basis points quarter-on-quarter basis.
  • On margins, we continue to guide to an EBIT margin band of 12.25% to 12.75%.

Capex & expansion

  • So till the time, we have to take this charge. • Third, we recognized INR76 million relating to a fair value adjustment on contingent consideration, payable in respect of the Ascensos acquisition which we did last year.
  • Our US$5 million-plus clients are up 80% over the past two years, the strongest evidence of wallet deepening and strategic account expansion as clients trust us with their most important work.

Balance sheet & cash

  • Within the vertical, collections demand stayed strong as US consumer debt touched record highs, keeping volumes and servicing complexity elevated.
  • Outbound voice AI agents are now standard across eligibility, early- out, and patient financial services and are expanding into inbound bad debt and contact centre workflows, which is creating additional opportunities for us.

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