NSE: FSL | BSE: 532809

Mid-range Performer

Download real time

372.05 -11.05 (-2.88%)

88.71% Gain from 52W Low

916.7K NSE+BSE Volume

NSE 19 Jun, 2025 3:23 PM (IST)

25,931.5

Market Cap

Market Leader

1.2

Beta 1Year

High Volatility

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.

02 Nov 2018

372.05

-2.88%

Firstsource Solutions

Buy: Firstsource Solutions Ltd.

Target

ICICI Securities Limited

Revenues from operations grew 3.9% QoQ to | 954.7 crore (above our 2.3% de-growth and | 897.5 crore estimate) mainly led by rupee depreciation and higher growth in non-top five clients. Geographically, the US reported healthy 6.1% QoQ growth while vertically BFSI led growth & reported 6.9% QoQ growth The EBITDA margin remained flat QoQ at 13.9% mainly led by higher...

Firstsource Solutions Ltd. has gained 86.00% in the last 1 Year

Firstsource Solutions Ltd.

07 Aug 2018

372.05

-2.88%

Firstsource Solutions

Buy: Firstsource Solutions Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Revenues from operations grew 2.4% QoQ to | 919.1 crore, above our 1.4% de-growth and | 885.1 crore estimate. Revenues in constant currency grew 1.1% sequentially At 13.9%, EBITDA margins contracted ~80 bps QoQ, above our 13.5% and 130 bps decline estimate. The better-than-expected...

Firstsource Solutions Ltd. is trading above its 200 day SMA of 348.8

Firstsource Solutions Ltd.

08 May 2018

372.05

-2.88%

Firstsource Solutions Limited

Buy: Firstsource Solutions Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Revenues from operations grew 1.1% QoQ to | 897.3 crore and were below our 4.9% growth and | 930.4 crore estimate At 14.8%, EBITDA margins expanded 170 bps QoQ and were way above our 13.5% and 40 bps expansion estimate. Healthy margin expansion took place on account of lower-than-expected employee expenses (67.2% as a percentage of revenue vs. 68% expectation) and lower other expenses (down 2.7% QoQ)...

Firstsource Solutions Ltd. has gained 30.77% in the last 3 Months

Firstsource Solutions Ltd.

08 Feb 2018

372.05

-2.88%

Firstsource Solutions Limited

Buy: Firstsource Solutions Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Revenues from operations grew 1.6% QoQ to | 887.2 crore and was above our 1% de-growth and | 864.4 crore estimate At 13.1%, EBITDA margins expanded 50 bps QoQ and was above our 12.8% and 20 bps expansion estimate. Margin expansion came...

Number of FII/FPI investors increased from 252 to 269 in Mar 2025 qtr.

Firstsource Solutions Ltd.

03 Nov 2017

372.05

-2.88%

Firstsource Solutions Limited

Buy: Firstsource Solutions Ltd.

Target

ICICI Securities Limited

Revenues from operations declined marginally by 0.6% QoQ to | 872.9 crore and was above our | 849.8 crore estimate At 12.6%, EBITDA margins expanded 110 bps QoQ and were in line with our 12.5% and 100 bps expansion estimate. Margin expansion...

Firstsource Solutions Ltd. has gained 86.00% in the last 1 Year

Firstsource Solutions Ltd.

02 Nov 2017

372.05

-2.88%

Firstsource Sol

Hold: Firstsource Solutions Ltd.

Sharekhan

(FSL) are not strictly comparable on QoQ basis as the company divested some of its domestic businesses during Q1FY2018. During Q2FY18, FSL reported another quarter of better-thanexpected operating performance against our modest estimates for Q2FY2018. Operating profit margin (OPM) improved by 110BPS QoQ (ahead of our estimates) despite Rs 3.5 crore (one-off) shutdown costs relating to domestic...

Firstsource Solutions Ltd. has gained 30.77% in the last 3 Months

Firstsource Solutions Ltd.

09 Aug 2017

372.05

-2.88%

Firstsource Solutions Limited

Buy: Firstsource Solutions Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Firstsource's results were largely in line with our expectations. Revenues from operations declined 1.6% QoQ to | 877.7 crore, lower than our flat growth and | 892.3 crore estimate At 11.5%, EBITDA margins expanded 40 bps QoQ and were above...

Firstsource Solutions Ltd.'s price crossed below 30Day SMA today

Firstsource Solutions Ltd.

16 May 2017

372.05

-2.88%

Firstsource Solutions Ltd: Soften Operating Performance Due ... (May 16, 2017)

Buy: Firstsource Solutions Ltd.

Target

Karvy

Soften Operating Performance Due to Macro Uncertainties: Flat revenue growth; Margins drop by 101 bps QoQ - FSL recorded revenue of Rs. 8923 Mn in Q4FY17 with an increase of 0.8% QoQ, EBITDA in Q4FY17 islower by 7.6% QoQ at Rs.990 Mn which was at Rs. 1072 Mn in Q3FY17 and the margins dropped to 11.1% which is down by 101 bps QoQ and 222 bps YoY. In FY17, the company recorded revenue of Rs. 35556 Mn which is up by 10.1% YoY. PAT stood at Rs. 2792 Mn for FY17 which is up by 5.2% YoY compared with FY16.

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

Firstsource Solutions Ltd.

15 May 2017

372.05

-2.88%

Result Update:Firstsour.Solu.

Buy: Firstsource Solutions Ltd.

Axis Direct

Q4FY17 revenue growth (up 1.4% QoQ in cc terms)was in line with estimates. Net margin was down 60 bps QoQ due to losses in mortgage business (~6% of revenue, losses was Rs 150 mn), absorption of ~1,000 employees in Sky deal,headwinds in domestic telecom business, and INR appreciation.

Firstsource Solutions Ltd. is trading above its 200 day SMA of 348.8

Firstsource Solutions Ltd.

08 May 2017

372.05

-2.88%

Firstsource Solutions Limited

Buy: Firstsource Solutions Ltd.

Target

ICICI Securities Limited

Firstsource's results were below our expectations largely due to lower-than-expected EBITDA margin estimates Revenues from operations increased 0.5% QoQ to | 864.4 crore lower than our | 878.1 crore and 2.1% QoQ growth estimate...

Firstsource Solutions Ltd. has gained 86.00% in the last 1 Year

Is Firstsource Solutions Ltd. worth buying?

1080 Votes:

Buy 81.48%

Sell 9.81%

Hold 8.7%

RESEARCH REPORTS

Hold SEE REPORTS >

pdf

Sell SEE REPORTS >

pdf