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  4. FIRSTSOURCE SOLUTIONS LTD.
Firstsource Solutions Ltd.
NSE: FSL | BSE: 532809
Client AdditionsRevenue per Employee
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262.15-5.70(-2.13%)
492.2K
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NSE 24 Sep, 2026 3:31 PM (IST)

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Firstsource Solutions quarterly and annual financials: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

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Firstsource Solutions quarterly results: revenue, profit, and P&L – 13 quarter history

  • POSITIVE

    Quarterly Revenue Firstsource Solutions Jun-2026 Quarterly Revenue is Rs 894 Cr which is growth of 28.8% YoY.

  • POSITIVE

    Quarterly Net Profit Firstsource Solutions Jun-2026 Quarterly Net Profit is Rs 207 Cr which is growth of 52.9% YoY.

Firstsource Solutions Ltd., Quarterly, standalone, All financials are in INR Cr and price data in INR
IndicatorGraphJun '26Mar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24Jun '24Mar '24Dec '23Sep '23Jun '23
⌄
894.1782.3763685694.2638.3634.8550.4523.3474.8445373.6344.3
Operating Exp.
556.2523.9523.8498.2469.8460.2466.3401.8371.1332.3306.6263246.6
Operating Profit
322.9249.8228.3176.9212.4167.5157.6140.2141.8133.5128.3101.389.6
Operating Profit Margin %
36.73%32.28%30.35%26.20%31.14%26.69%25.26%25.86%27.65%28.66%29.50%27.80%26.65%
Depr.
54.553.953.554.243.839.534.226.325.826.32421.819.9
Interest
16.716.916.914.814.313.211.4108.45.4543
Profit Before Tax
266.6187.671.4117.8166.4125.5178.1112.3118110.9109.484.874.8
Tax
59.847.612.619.731.233.130.120.423.217.719.912.79.9
Net Profit
206.814058.898135.292.414891.994.993.289.672.164.9
EPS Adj. latest
320.81.41.91.32.11.31.41.31.310.9
Net profit TTM
503.7432.1384.4473.6467.4427427.9369.4349.7319.7285.9253.2243.8
Basic EPS TTM
7.26.25.56.86.76.16.15.354.64.13.63.5
Earnings Transcripts
AI Summary
   
  
Results PDF
 
Result Notes
 
*All financials are in INR Cr and price data in INR

Firstsource Solutions competitor comparison and performance snapshot within industry

Firstsource Solutions revenue mix: sales, profit, and capital employed breakups by segment

Firstsource Solutions annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history

  • POSITIVE

    Annual Revenue Firstsource Solutions Mar-2026 Annual Revenue is Rs 2,924 Cr which is growth of 24.6% YoY.

  • POSITIVE

    Annual Net Profit Firstsource Solutions Mar-2026 Annual Net Profit is Rs 432 Cr which is growth of 1.2% YoY.

Firstsource Solutions Ltd., Annual, standalone, All financials are in INR Cr and price data in INR
IndicatorGraphCAGR 3 YrsCAGR 5 YrsTTMMar '26Mar '25Mar '24Mar '23Mar '22Mar '21Mar '20Mar '19Mar '18Mar '17Mar '16
27.5%
16.7%
3,124.32,924.52,346.81,637.71,409.41,622.81,353970.7830874954.9893.2
Operating Exp. Ann.
26.5%
19.3%
2,1022,015.61,699.41,148.5994.61,061.1832.5672.5581.3627710.3676.9
Operating Profit Ann.
31.5%
12%
977.7867.3607.1452.7381.1530.9492.2267.5186.8234.3229.8198
OPM Ann. %
3.1%
-4%
 29.66%25.87%27.64%27.04%32.71%36.38%27.55%22.51%26.81%24.06%22.17%
⌄
27.6%
19.7%
 2,283.81,868.11,257.81,098.41,169.4927.6758.7607.2654.7736.1717.6
EBITDA Ann.
29.9%
11.8%
 908.9647.4489.3414.8561.6520.4298.3248.7247244.5216.3
EBITDA Ann. margin %
1.8%
-4.2%
 31.08%27.59%29.87%29.43%34.61%38.47%30.73%29.97%28.26%25.61%24.22%
Interest Ann.
61.5%
32.6%
65.362.842.917.314.920.115.315.71.56.26.88.9
Depr.
32.3%
20.8%
216.1205.4125.79288.888.279.870.624.321.51931.8
PBT Ann.
20.4%
5%
643.4543.2533.9379.9311.1453.4425.3212222.9219.3218.7175.6
Tax Ann.
21%
13.6%
139.7111.1106.960.262.765.858.73023.927.330.324.4
20.3%
3.3%
 432.1427319.7248.3387.6366.7182199191.9188.5151.2
Net Profit Ann.
20.3%
3.3%
503.7432.1427319.7248.3387.6366.7182199191.9188.5151.2
NPM Ann. %
-6%
-11.5%
 14.98%18.51%19.96%18.05%24.34%27.67%19.36%25.91%22.28%20.04%17.28%
EPS Adj. latest Ann.
19.9%
3.2%
 6.26.14.63.65.65.32.62.92.82.72.2
Result Notes
   
Annual Reports
  
*All financials are in INR Cr and price data in INR
Total Rev. Ann.
1Y CHG
24.6%
2Y CAGR
33.6%
3Y CAGR
27.5%
5Y CAGR
16.7%
7Y CAGR
19.7%
10Y CAGR
12.6%
Total Revenue Annual growth is stable compared to historical averages.
Net Profit Ann.
1Y CHG
1.2%
2Y CAGR
16.3%
3Y CAGR
20.3%
5Y CAGR
3.3%
7Y CAGR
11.7%
10Y CAGR
11.1%
Net Profit Annual growth is lower than historical averages.
Operating Exp. Ann.
1Y CHG
18.6%
2Y CAGR
32.5%
3Y CAGR
26.5%
5Y CAGR
19.3%
7Y CAGR
19.4%
10Y CAGR
11.5%
Operating Expenses Annual Cr growth is lower than historical averages.

Firstsource Solutions balance sheet as of Mar 2026: assets, liabilities, reserves, and borrowings – 11 year history

  • NEGATIVE

    Total Shareholders Fund Firstsource Solutions Mar-2026 Total Shareholders Fund is Rs 2,295 Cr which is growth of -10.9% YoY.

  • POSITIVE

    Total Assets Firstsource Solutions Mar-2026 Total Assets is Rs 4,292 Cr which is growth of 12.9% YoY.

Firstsource Solutions Ltd., Balance Sheet, standalone, All financials are in INR Cr and price data in INR
IndicatorGraphCAGR 3 YrsCAGR 5 YrsMar '26Mar '25Mar '24Mar '23Mar '22Mar '21Mar '20Mar '19Mar '18Mar '17Mar '16
⌄
-0.1%
1.1%
2,295.32,575.82,410.72,304.42,319.82,1722,065.22,279.32,134.61,999.41,773.1
Minority Interest Liability Ann.
-
-
-----------
⌄
83.7%
32.1%
828.2496306.6133.5217.9205.718010.229.277.2127.1
86.1%
36%
1,168.6728.7247.3181.4210.5250.8120.582.285.4191.5156.1
Total Capital Plus Liabilities Ann.
17.9%
10.3%
4,2923,800.52,964.62,619.22,748.22,628.52,365.62,371.82,249.12,268.12,056.4
⌄
53.7%
21.4%
768.5704.9419.2211.5312.7291.4248.771.756.257.140.4
⌄
16.6%
8.7%
2,916.32,734.62,083.81,8381,941.61,925.31,860.21,656.51,579.91,551.11,536.1
20.8%
14.4%
1,375.71,065.9880.9781.2806.5703.2505.4715.2669.2717520.3
Total Assets Ann.
17.9%
10.3%
4,2923,800.52,964.62,619.22,748.22,628.52,365.62,371.82,249.12,268.12,056.4
Contingent Liabilities plus Commitments Ann.
25.1%
14.2%
3,149.62,884.61,639.21,609.31,863.91,619.71,441.6978.61,129.31,423.71,153.8
Bonus Equity Share Capital Ann.
-
-
Non Current Investments Unquoted Book Value Ann.
9.6%
6.1%
1,620.71,595.11,235.11,232.41,220.91,207.31,198.71,197.11,199.51,195.51,191.3
Current Investments Unquoted Book Value Ann.
-40.7%
-31.8%
11.737.53056.1115.279.3118.819149.574
*All financials are in INR Cr and price data in INR
Total Assets Ann.
1Y CHG
12.9%
2Y CAGR
20.3%
3Y CAGR
17.9%
5Y CAGR
10.3%
7Y CAGR
8.8%
10Y CAGR
7.6%
Total Assets Annual growth is stable compared to historical averages.
Total Current Liabilities Ann.
1Y CHG
60.4%
2Y CAGR
117.4%
3Y CAGR
86.1%
5Y CAGR
36%
7Y CAGR
46.1%
10Y CAGR
22.3%
Total Current Liabilities Annual Cr growth is stable compared to historical averages.
Total ShareHolders Funds Ann.
1Y CHG
-10.9%
2Y CAGR
-2.4%
3Y CAGR
-0.1%
5Y CAGR
1.1%
7Y CAGR
0.1%
10Y CAGR
2.6%
Total ShareHolders Funds Annual is falling faster than historical averages.

Firstsource Solutions ROE, ROCE, book value, and debt-to-equity ratio as of Mar 2026 – 11 year history

  • NEGATIVE

    Book Value Per Share Firstsource Solutions Mar-2026 Book Value Per Share is 33 Rs which is growth of -10.9% YoY.

  • POSITIVE

    ROE Firstsource Solutions Mar-2026 ROE is 19% which is growth of 2.2% YoY.

Firstsource Solutions Ltd., Ratios, standalone, All financials are in INR Cr and price data in INR
IndicatorGraphCAGR 3 YrsCAGR 5 YrsMar '26Mar '25Mar '24Mar '23Mar '22Mar '21Mar '20Mar '19Mar '18Mar '17Mar '16
BVSH Ann.
-0.2%
1.1%
32.93734.633.133.331.229.83331.129.426.3
RoA Ann. %
2%
-6.3%
10.06%11.23%10.78%9.48%14.10%13.94%7.69%8.39%8.53%8.30%7.35%
ROE Ann. %
20.4%
2.2%
18.82%16.57%13.26%10.77%16.70%16.88%8.81%8.73%8.99%9.42%8.52%
ROCE Ann. %
19%
4%
22.52%16.98%14.61%13.37%18.65%18.53%10.14%9.80%10.42%10.85%9.71%
⌄
           
⌄
           
⌄
           
Total Debt to Total Equity Ann.
0.10.1      00.10.1
*All financials are in INR Cr and price data in INR
ROE Ann. %
1Y CHG
13.6%
2Y CAGR
19.1%
3Y CAGR
20.4%
5Y CAGR
2.2%
7Y CAGR
11.6%
10Y CAGR
8.2%
ROE Annual % is stable compared to historical averages.
RoA Ann. %
1Y CHG
-10.4%
2Y CAGR
-3.4%
3Y CAGR
2%
5Y CAGR
-6.3%
7Y CAGR
2.6%
10Y CAGR
3.2%
RoA Annual % is falling faster than historical averages.
Current Ratio Ann.
1Y CHG
-20%
2Y CAGR
-42.3%
3Y CAGR
-34.7%
5Y CAGR
-15.6%
7Y CAGR
-24.6%
10Y CAGR
-9.6%
Current Ratio Annual is falling faster than historical averages.

Firstsource Solutions cash flow: net, operating, investing, and financing flows as of Mar 2026 – 11 year history

  • POSITIVE

    Cash From Operating Activity Firstsource Solutions Mar-2026 Cash From Operating Activity is Rs 633 Cr which is growth of 25.7% YoY.

  • POSITIVE

    Net Cash Flow Firstsource Solutions Mar-2026 Net Cash Flow is Rs 15 Cr which is growth of 166.3% YoY.

Firstsource Solutions Ltd., Cash Flow, standalone, All financials are in INR Cr and price data in INR
IndicatorGraphCAGR 3 YrsCAGR 5 YrsMar '26Mar '25Mar '24Mar '23Mar '22Mar '21Mar '20Mar '19Mar '18Mar '17Mar '16
32.8%
8.7%
633503.6347.6270.2415.7418387.7221.241.178.376.9
Cash from Investing Act. Ann.
-
-
-33.6-342.4-26.347.1-50.2-147.677.2-106.3123.9-104.5-21
Cash from Financing Act. Ann.
-
-
-584.9-183.2-297.2-319-356.2-306.8-433-116.8-165.96-45.4
-
-
14.6-2224.1-1.79.3-36.331.9-1.9-0.9-20.210.5
*All financials are in INR Cr and price data in INR
Cash from Operating Act. Ann.
1Y CHG
25.7%
2Y CAGR
34.9%
3Y CAGR
32.8%
5Y CAGR
8.7%
7Y CAGR
16.2%
10Y CAGR
23.5%
Cash from Operating Activity Annual growth is stable compared to historical averages.

Firstsource Solutions investor presentations, annual reports, credit ratings, and earnings calls with AI summary, video, and audio access