Firstsource Solutions Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for FSL, BSE:532809 Firstsource Solutions Ltd.

Firstsource Solutions Ltd.

12 May 2021

356.60

0.48%

Firstsource Solutions

Buy: Firstsource Solutions Ltd.

Target

ICICI Securities Limited

The company's robust growth guidance of 15-18% in CC terms is based on improvement in healthcare (especially provider business) and improvement in banking (led by growth in collection & fintech and UK banking). In addition, FSL expects communication, media & technology to gain traction led by improvement in top client and addition of new logos in US & UK in media & e-commerce. The company expects moderation in growth in mortgage (post a robust year) mainly led by slowdown in refinance. Further, we expect the healthcare segment to witness improved traction led by acquisition of...

Firstsource Solution.. has an average target of 349.67 from 3 brokers.

Firstsource Solutions Ltd.

10 Feb 2021

356.60

0.48%

Firstsource Solutions

Buy: Firstsource Solutions Ltd.

Target

ICICI Securities Limited

The company has seen an improved market share in top client. We expect this trend to continue, going forward. Apart from traction in top client, healthy growth in media & e-commerce (added one US ecommerce client in the current quarter) will drive CMT revenues. This, coupled with improving UK BFS and mortgage business (led by refinancing, new home sales & delinquencies) is expected to drive the BFS business. Further, we expect the healthcare segment to witness improved traction led by acquisition of PatientMatters (cross sell opportunities), ramp of large deal win (US$22...

Number of FII/FPI investors decreased from 269 to 248 in Jun 2025 qtr

Firstsource Solutions Ltd.

29 Oct 2020

356.60

0.48%

Firstsource Solutions

Buy: Firstsource Solutions Ltd.

Target

ICICI Securities Limited

The current quarter growth was driven by healthy growth in top client and banking, mainly led by the mortgage business. Going forward, the company expects top client contribution to reach pre-Covid levels by the next two quarters (from current 16.2% to at least 20.3% by Q4FY21E). In addition, FSL has seen healthy client wins (~15) in the quarter of which nine were in banking (especially mortgage). This, coupled with healthy wins in the previous quarter, improving UK BFS and ramp up of existing clients will drive mortgage business. A key driver of mortgage business (as per FSL) is...

Firstsource Solutions Ltd. is trading below its 30 day SMA of 373.2

Firstsource Solutions Ltd.

17 Aug 2020, 12:00AM

356.60

0.48%

Firstsource Sol

Buy: Firstsource Solutions Ltd.

Target

Dolat Capital

Results beat; Guidance and Commentary gives comfort Firstsource (FSL) reported above expectation results, with a sequential revenue de-growth of 4.3% in CC terms (DART estm: 6.0% decline) due to positive surprise in BFSI Vertical (up 13.9% QoQ in $ terms) and OPM improvement of about 20bps...

Firstsource Solution.. has an average target of 349.67 from 3 brokers.

Firstsource Solutions Ltd.

13 Aug 2020

356.60

0.48%

Firstsource Solutions

Buy: Firstsource Solutions Ltd.

Recommendation Target

ICICI Securities Limited

The current quarter was impacted by lower volumes from top client. However, FSL expects contribution of top client to gradually improve from 13.7% of topline in Q1FY21 to 20.3% in Q4FY21E. Also, the company is seeing traction in its mortgage business (led by new home sales and may see better growth if delinquencies increases) and improvement in healthcare business. Further, six new logo wins in BFS, new logo win in media & communication, traction in UK retail & BFS and improvement in payer business is expected to drive revenues. In addition, FSL's strategy of...

Firstsource Solutions Ltd. has gained 40.39% in the last 1 Year

Firstsource Solutions Ltd.

15 Jul 2020

356.60

0.48%

Firstsource Solutions Ltd

Buy: Firstsource Solutions Ltd.

Rudra Shares and Stock Brokers Ltd

Amongst the recent launches, partnerships & deal wins, it has launched pioneering platform-based service for Post- Closing' operations for a top mortgage lender an anchor client. In addition has signed on one of the world's leading card issuers for Digital Collections offering. In the Retail and Commercial banking arena, FSL is strategically partnering with top UK-based banks, enabling them to rapidly adapt to changing consumer preferences. More recently, have been playing a key role in...

Firstsource Solutions Ltd. is trading below its 30 day SMA of 373.2

Firstsource Solutions Ltd.

27 Jun 2020

356.60

0.48%

Firstsource Sol

Buy: Firstsource Solutions Ltd.

Dolat Capital

During FY20 Vipul Khanna was appointed as CEO, prior to joining FSL, Vipul was the Executive Vice President & Global Head of Cognizant Digital Operations. CEO in his first address highlighted the strategic initiatives taken by the organization of ratcheting up investments in sales (Got-to-market; new capabilities), account management (business adjacencies) and solution development capabilities across sectors (Utilities and Technology Content Management) to further consolidate company's market position. This includes its newly launched Digitally empowered...

Firstsource Solutions Ltd. has gained 40.39% in the last 1 Year

Firstsource Solutions Ltd.

27 May 2020

356.60

0.48%

Firstsource Sol

Buy: Firstsource Solutions Ltd.

Dolat Capital

Results below estm; Guides steep cut in Q1 and Recovery Q2 onwards Firstsource (FSL) reported below expectation results, with a sequential revenue growth of 0.6% in CC terms (our estimate was 1.5%) due to weakness in healthcare segment (COVID impact - USD6mn) and OPM decline of about 40bps QoQ at 10.8% (our estimate was 11.2%). Healthcare segment de-grew by 1.3% QoQ as Providers clients faced decline in government funding in Feb and reduced number of elective surgeries and Payers volume got impacted as it witnessed lesser filling...

Firstsource Solutions Ltd. is trading below its 30 day SMA of 373.2

Firstsource Solutions Ltd.

27 May 2020

356.60

0.48%

Firstsource Solutions

Hold: Firstsource Solutions Ltd.

Recommendation Target

ICICI Securities Limited

Revenues in the quarter were impacted by the Covid-19 pandemic. The company has indicated at supply side issues and client specific challenges impacting Q4FY20 revenues. In the near term, FSL expects pressure in healthcare business (due to lower elective surgeries & pricing pressure), challenges in top client (due to slowdown in UK economy) and seasonality in collections. Hence, we expect revenues to decline 10% QoQ in Q1FY21E with margins falling 200 bps. Going forward, we expect a gradual recovery in the collection business (led by higher origination business and higher...

Firstsource Solution.. has an average target of 349.67 from 3 brokers.

Firstsource Solutions Ltd.

18 Mar 2020

356.60

0.48%

Firstsource Solutions

Buy: Firstsource Solutions Ltd.

Target

ICICI Securities Limited

The spread of Covid-19 has led to lockdowns in many countries globally and could have adverse economic implications. In addition, the recent fall in crude prices could also have an adverse impact of fiscal health of oil producing countries. As a result, IT companies, which have considerable exposure to verticals such as oil, energy & utilities; banking & capital markets; manufacturing and travel & transport could see an adverse impact from the ongoing crisis. Companies like Wipro, Infosys in large cap and MindTree, NIIT Tech, Sonata software, Cyient, Accelya Solutions among...

Firstsource Solutions Ltd. has gained 40.39% in the last 1 Year

Is Firstsource Solutions Ltd. worth buying?

1081 Votes:

Buy 81.5%

Sell 9.81%

Hold 8.7%

RESEARCH REPORTS

Hold SEE REPORTS >

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Sell SEE REPORTS >

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