- POSITIVE
Quarterly Revenue Firstsource Solutions Sep-2026 Quarterly Revenue is Rs 929 Cr which is growth of 35.6% YoY.
- POSITIVE
Quarterly Net Profit Firstsource Solutions Sep-2026 Quarterly Net Profit is Rs 199 Cr which is growth of 103.4% YoY.
Firstsource Solutions Live Share Price Today, Share Analysis and Chart
NSE 30 Oct, 2026 3:31 PM (IST)
Firstsource Solutions Stock Price Analysis
Day Price Range-4.4% 1 Day return | 292.9 (LTP) 288319 LowHigh |
|---|---|
Week Price Range0.9% 1 Week return | 292.9 (LTP) 284.1319 LowHigh |
Month Price Range17.7% 1 Month return | 292.9 (LTP) 247319 LowHigh |
52 Week Price Range-17.1% 1 Year return | 292.9 (LTP) 202371.8 LowHigh |
Firstsource Solutions Forecaster - Analyst Share Price Target and Estimates
Revenue forecast
EPS forecast
Consensus Recommendation
Firstsource Solutions quarterly results: revenue, profit, and P&L – 13 quarter history
| Indicator | Graph | Sep '26 | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 929.2 | 894.1 | 782.3 | 763 | 685 | 694.2 | 638.3 | 634.8 | 550.4 | 523.3 | 474.8 | 445 | 373.6 | ||
Operating Exp. | 591.2 | 556.2 | 523.9 | 523.8 | 498.2 | 469.8 | 460.2 | 466.3 | 401.8 | 371.1 | 332.3 | 306.6 | 263 | |
Operating Profit | 326.5 | 322.9 | 249.8 | 228.3 | 176.9 | 212.4 | 167.5 | 157.6 | 140.2 | 141.8 | 133.5 | 128.3 | 101.3 | |
Operating Profit Margin % | 35.58% | 36.73% | 32.28% | 30.35% | 26.20% | 31.14% | 26.69% | 25.26% | 25.86% | 27.65% | 28.66% | 29.50% | 27.80% | |
Depr. | 58.4 | 54.5 | 53.9 | 53.5 | 54.2 | 43.8 | 39.5 | 34.2 | 26.3 | 25.8 | 26.3 | 24 | 21.8 | |
Interest | 16.8 | 16.7 | 16.9 | 16.9 | 14.8 | 14.3 | 13.2 | 11.4 | 10 | 8.4 | 5.4 | 5 | 4 | |
Profit Before Tax | 262.7 | 266.6 | 187.6 | 71.4 | 117.8 | 166.4 | 125.5 | 178.1 | 112.3 | 118 | 110.9 | 109.4 | 84.8 | |
Tax | 63.3 | 59.8 | 47.6 | 12.6 | 19.7 | 31.2 | 33.1 | 30.1 | 20.4 | 23.2 | 17.7 | 19.9 | 12.7 | |
Net Profit | 199.4 | 206.8 | 140 | 58.8 | 98 | 135.2 | 92.4 | 148 | 91.9 | 94.9 | 93.2 | 89.6 | 72.1 | |
EPS Adj. latest | 2.9 | 3 | 2 | 0.8 | 1.4 | 1.9 | 1.3 | 2.1 | 1.3 | 1.4 | 1.3 | 1.3 | 1 | |
Net profit TTM | 605 | 503.7 | 432.1 | 384.4 | 473.6 | 467.4 | 427 | 427.9 | 369.4 | 349.7 | 319.7 | 285.9 | 253.2 | |
Basic EPS TTM | 8.7 | 7.2 | 6.2 | 5.5 | 6.8 | 6.7 | 6.1 | 6.1 | 5.3 | 5 | 4.6 | 4.1 | 3.6 | |
Earnings Transcripts | ||||||||||||||
AI Summary | ||||||||||||||
Results PDF | ||||||||||||||
Result Notes |
Firstsource Solutions Technical Analysis
Firstsource Solutions EMA & SMA
| 5 Day | 297.8 |
|---|---|
| 10 Day | 293.1 |
| 12 Day | 291.2 |
| 20 Day | 285.3 |
| 26 Day | 282.3 |
|---|---|
| 50 Day | 276.0 |
| 100 Day | 270.7 |
| 200 Day | 275.1 |
Firstsource Solutions Delivery And Volume
Firstsource Solutions Resistance and Support
| First Resistance | 311.9 |
|---|---|
| Second Resistance | 331.0 |
| Third Resistance | 342.9 |
| First Support | 280.9 |
|---|---|
| Second Support | 269.0 |
| Third Support | 249.9 |
| Day RSI | 57.4 |
|---|---|
| Day MACD | 8.9 |
| Day MFI | 85.9 |
| Day MACD Signal Line | 6.8 |
Firstsource Solutions Beta
| 1 Month | -0.1 |
|---|---|
| 1 Year | 1.1 |
| 3 Month | 0.1 |
|---|---|
| 3 Year | 1.1 |
Firstsource Solutions Price Change Analysis
Firstsource Solutions Deals - Insider, Bulk, Block and SAST
| Client Name | Deal Type | Action | Date | Avg. Price | Quantity | Exchange |
|---|---|---|---|---|---|---|
| NK SECURITIES RESEARCH PRIVATE LIMITED | Bulk | Sell | 16 Apr 2026 | 248.26 | 4,316,775 | NSE |
| NK SECURITIES RESEARCH PRIVATE LIMITED | Bulk | Purchase | 16 Apr 2026 | 248.14 | 4,316,775 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Sell | 19 Aug 2024 | 327.20 | 3,539,527 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Purchase | 19 Aug 2024 | 327.22 | 3,539,527 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Sell | 16 Aug 2024 | 313.53 | 3,896,887 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Purchase | 16 Aug 2024 | 313.25 | 3,896,887 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Sell | 06 Aug 2024 | 303.44 | 4,690,067 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Purchase | 06 Aug 2024 | 303.10 | 4,690,067 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Sell | 01 Aug 2024 | 300.44 | 5,777,399 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Purchase | 01 Aug 2024 | 300.18 | 5,777,399 | NSE |
Firstsource Solutions Corporate Actions
Firstsource Solutions Dividend history and yield
Firstsource Solutions dividend yields, including actual and adjusted, and dividend history, including announcement, record, and ex-dividend dates. Track Firstsource Solutions dividend yield over time.
#Ex-Date | Dividend Amount | Dividend Type | Record Date | Instrument Type |
|---|---|---|---|---|
120 Feb 2026 | 5.5 | INTERIM | 20 Feb 2026 | Equity Share |
221 Feb 2025 | 4 | INTERIM | 21 Feb 2025 | Equity Share |
316 Feb 2024 | 3.5 | INTERIM | 16 Feb 2024 | Equity Share |
417 Feb 2023 | 3.5 | INTERIM | 17 Feb 2023 | Equity Share |
517 Feb 2022 | 3.5 | INTERIM | 18 Feb 2022 | Equity Share |
Firstsource Solutions Board Meetings
Firstsource Solutions past and upcoming board meetings.
#Ex-Date | Purpose | Notes |
|---|---|---|
129 Oct 2026 | Quarterly Results | - |
206 Aug 2026 | Quarterly Results | - |
306 May 2026 | Audited Results | - |
403 Feb 2026 | Audited Results & Interim Dividend | - |
504 Nov 2025 | Quarterly Results | - |
Firstsource Solutions Research Reports
Firstsource Solutions research reports with share price targets, and buy/hold/sell recommendations from top brokers.
# Date | Broker Name | Target | Price When Recommended | Type | Upside | Change Since Recommendation | Links |
|---|---|---|---|---|---|---|---|
| 129 Oct 2026 | ICICI Direct Target | 360 | 292.9 | Buy | 22.91% | -% | |
| 229 Sep 2026 | Emkay | 270 | 248.9 | Sell | 8.48% | 17.68% | |
| 306 May 2026 | BOB Capital Markets Ltd. | 299 | 235.18 | Buy | 27.14% | 24.54% | |
| 406 May 2026 | ICICI Direct Reco | 290 | 235.18 | Buy | 23.31% | 24.54% | |
| 503 Feb 2026 | ICICI Direct | 330 | 304.6 | Hold | 8.34% | -3.84% |
Firstsource Solutions Corporate Filings
Firstsource Solutions BSE corporate filings and AGM, press releases, insider trading & SAST, results and corporate actions.
| Date | Announcement Title | Details | Links |
|---|---|---|---|
| 31 Oct 2026 | Firstsource Solutions Ltd - 532809 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript | The transcript of the investor/analyst call held on Thursday, October 29, 2026, is as enclosed | |
| 31 Oct 2026 | Firstsource Solutions Ltd - 532809 - Announcement under Regulation 30 (LODR)-Newspaper Publication | Newspaper Publication for Quarter & Half Year ended 30th September 2026, is as enclosed | |
| 29 Oct 2026 | Firstsource Solutions Ltd - 532809 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome | Audio recording of Q2FY27 investor/analyst conference call held on Thursday, 29th October 2026 is as enclosed. | |
| 29 Oct 2026 | Q2FY27 Quarterly Result Announced for Firstsource Solutions Ltd. | BPO/KPO company Firstsource Solutions announced Q2FY27 results Consolidated Financial Highlights: Revenue from operations: For Q2FY27, consolidated revenue from operations stood at Rs 28,306.37 million, demonstrating a QoQ growth of 2.87% compared to Rs 27,517.51 million in Q1FY27 and a YoY growth of 22.29% compared to Rs 23,146.95 million in Q2FY26. For H1FY27, revenue from operations reached Rs 55,823.88 million, marking a YoY increase of 23.08% from Rs 45,356.29 million in H1FY26. Total income: For Q2FY27, consolidated total income was Rs 27,309.86 million, showing a QoQ decrease of 3.29% from Rs 28,238.05 million in Q1FY27 and a YoY increase of 18.18% from Rs 23,109.26 million in Q2FY26. For H1FY27, total income recorded was Rs 55,547.91 million, which is a YoY growth of 22.48% compared to Rs 45,354.04 million in H1FY26. Profit before tax (PBT): For Q2FY27, consolidated PBT stood at Rs 2,193.41 million, which represents a QoQ decline of 26.73% from Rs 2,993.50 million in Q1FY27 and a YoY decline of 2.23% from Rs 2,243.34 million in Q2FY26. For H1FY27, PBT was Rs 5,186.91 million, higher by 18.54% YoY against Rs 4,375.63 million in H1FY26. Profit after tax (PAT): For Q2FY27, consolidated PAT stood at Rs 1,659.17 million, down 28.62% QoQ from Rs 2,324.40 million in Q1FY27 and down 7.57% YoY from Rs 1,795.13 million in Q2FY26. For H1FY27, PAT recorded an expansion of 14.20% YoY to reach Rs 3,983.57 million compared to Rs 3,488.38 million in H1FY26. Earnings per share (EPS): For Q2FY27, basic EPS was Rs 2.40, marking a QoQ drop of 28.78% from Rs 3.37 in Q1FY27 and a YoY drop of 7.69% from Rs 2.60 in Q2FY26. For H1FY27, basic EPS stood at Rs 5.77, increasing 14.26% YoY from Rs 5.05 in H1FY26. Standalone Financial Highlights: Revenue from operations: For Q2FY27, standalone revenue from operations was Rs 9,395.45 million, gaining 2.86% QoQ from Rs 9,134.42 million in Q1FY27 and expanding 35.85% YoY from Rs 6,915.85 million in Q2FY26. For H1FY27, revenue from operations was Rs 18,529.87 million, up 33.86% YoY from Rs 13,842.59 million in H1FY26. Total income: For Q2FY27, standalone total income registered at Rs 8,940.47 million, showing a sequential QoQ dip of 3.78% against Rs 9,291.84 million in Q1FY27, but a YoY increase of 30.51% over Rs 6,850.37 million in Q2FY26. For H1FY27, standalone total income recorded was Rs 18,232.31 million, a YoY growth of 32.19% compared to Rs 13,792.46 million in H1FY26. Profit before tax (PBT): For Q2FY27, standalone PBT was Rs 2,665.51 million, growing 1.47% QoQ from Rs 2,626.91 million in Q1FY27 and up 126.31% YoY from Rs 1,177.83 million in Q2FY26. For H1FY27, standalone PBT registered at Rs 5,292.42 million, representing an 86.24% YoY growth from Rs 2,841.78 million in H1FY26. Profit after tax (PAT): For Q2FY27, standalone PAT reached Rs 2,067.91 million, up 3.70% QoQ from Rs 1,994.14 million in Q1FY27 and up 110.91% YoY compared to Rs 980.45 million in Q2FY26. For H1FY27, standalone PAT was Rs 4,062.05 million, a YoY surge of 74.14% against Rs 2,332.63 million in H1FY26. Earnings per share (EPS): For Q2FY27, standalone basic EPS stood at Rs 2.88, decreasing by 3.68% QoQ compared to Rs 2.99 in Q1FY27, but increasing by 102.82% YoY from Rs 1.42 in Q2FY26. For H1FY27, standalone basic EPS reached Rs 5.88, indicating a YoY jump of 73.96% from Rs 3.38 in H1FY26. Business Highlights: Banking and Financial Services performance: Revenue from this segment reached Rs 10,047.02 million for Q2FY27 and Rs 19,184.78 million for H1FY27. Healthcare segment performance: Segment revenue stood at Rs 9,080.49 million for Q2FY27 and Rs 18,032.99 million for H1FY27. Communication, Media and Technology performance: Revenue for this segment recorded Rs 5,818.62 million for Q2FY27 and Rs 11,480.65 million for H1FY27. Diverse Industries performance: This segment brought in a revenue of Rs 3,637.23 million for Q2FY27 and Rs 7,125.46 million for H1FY27. Sanjiv Goenka, Chairman, RPSG Group & Firstsource Solutions, said: “Firstsource’s firsthalf results, with twelve consecutive quarters of sequential growth and eight consecutive quarters of margin expansion, reflect the strength of its strategy and the discipline with which it is being executed. As AI reshapes our industry, the company is moving beyond traditional outsourcing to build a business around technology-led solutions, deep domain expertise and accountability for outcomes. Its twenty-five-year foundation is being translated into productized capabilities that can scale intelligence across complex business processes. This is how Firstsource is positioning itself for the next phase of growth, by strengthening its competitive advantage, deepening client relationships and building a business capable of delivering sustained, profitable growth.” Result PDF | |
| 29 Oct 2026 | Firstsource Solutions Ltd - 532809 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS | Intimation of Grant of ESOP is as enclosed |
Firstsource Solutions Documents
Firstsource Solutions Earnings Call
Firstsource Solutions earnings calls, including management commentary and AI-generated summaries.
| Date | Title | Links |
|---|---|---|
| 31 Oct 2026 | Firstsource Solutions Ltd - 532809 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript | Link |
| 29 Oct 2026 | Firstsource Solutions Ltd - 532809 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome | Link |
| 11 Aug 2026 | Firstsource Solutions Ltd - 532809 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript | Link |
| 06 Aug 2026 | Firstsource Solutions Ltd - 532809 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome | Link |
| 06 Aug 2026 | Firstsource Solutions Results Earnings Call for Q1FY27 | AudioVideo |
Firstsource Solutions Annual Reports
Firstsource Solutions financials, including annual results, balance sheets, and cash flow statements.
Firstsource Solutions Credit Ratings
Firstsource Solutions credit ratings from CRISIL and leading rating agencies, assessing financial stability, investment grade, and related PDF documentation.
| Date | Rating Agency | Company Name | Description | Links |
|---|---|---|---|---|
| 15 Dec 2025 | care ratings | Firstsource Solutions Limited | Link | |
| 08 Dec 2025 | crisil ratings | Firstsource Solutions Limited | Firstsource Solutions Limited:Rating outlook revised to 'Positive'; Ratings Reaffirmed | Link |
| 16 Dec 2024 | care ratings | Firstsource Solutions Limited | Link | |
| 24 Sep 2024 | crisil ratings | Firstsource Solutions Limited | Firstsource Solutions Limited:Ratings Reaffirmed | Link |
| 17 Dec 2023 | care ratings | Firstsource Solutions Limited | Link |
Firstsource Solutions Investor Presentations
Firstsource Solutions investor presentations, including business updates, financial insights, and strategic initiatives.
| Date | Report Title | Links |
|---|---|---|
| 29 Oct 2026 | Firstsource Solutions Ltd - 532809 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 29 Oct 2026 | Firstsource Solutions Ltd - 532809 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 06 May 2026 | Firstsource Solutions Ltd - 532809 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 06 May 2026 | Firstsource Solutions Ltd - 532809 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 03 Feb 2026 | Firstsource Solutions Ltd - 532809 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
Firstsource Solutions - Company Profile
Firstsource Solutions Management Structure
Firstsource Solutions management structure with salaries, total experience, and qualifications.
Firstsource Solutions Board of Directors
Firstsource Solutions Board of directors with salaries, total experience, and qualifications.
About the company - Business Profile
Firstsource Solutions Ltd. (FSL) is a specialized global provider of business process services (BPS) and a subsidiary of the RP-Sanjiv Goenka Group. The company operates across the customer lifecycle, serving highly regulated industries such as Healthcare, Banking and Financial Services (BFS), and Communications, Media and Technology (CMT). FSL positions itself as a domain-centric partner, utilizing its OneFirstsource strategy and UnBPO approach to integrate artificial intelligence (AI) and technology with human operations to solve complex business challenges.
Key Points
Key Facts
- Founded Year: 2001 (Part of RPSG Group since 2012).
- Headquarters: Mumbai, India (with a global presence).
- Parent Company: RPSG Ventures Limited (Holding company of the RP-Sanjiv Goenka Group).
- Stock Listing: National Stock Exchange (NSE: FSL) and Bombay Stock Exchange (BSE: 532809).
- Key Products/Services: Specialized Business Process Management (BPM) across Healthcare (Revenue Cycle Management), BFS (Mortgage, Credit Cards, Collections), and CMT.
Operations and Resources
- Global Delivery: Operations across the US, UK, India, Philippines, South Africa, Australia, Mexico, Romania, Trinidad, and Turkey.
- Workforce: Total employee count stood at 36,689 as of December 31, 2025.
- Integration: Focus on an "AI-first" delivery model to drive operational efficiency and margin expansion.
Ownership and Market Significance
- Promoter Holding: 53.66% held by RPSG Ventures Limited as of March 31, 2025.
- Institutional Presence: Major shareholders include HDFC Small Cap Fund (7.79%), LIC (2.49%), and others like Vanguard and Blackrock.
- Strategic Importance: Serves over 200 global clients, including several Fortune 500 and FTSE 100 companies, with an average top 5 client tenure of over 21 years.
Business Model and Segment Revenue FSL operates as a specialized BPS partner, focusing on domain expertise rather than just labor arbitrage. The business is good at managing complex, high-stakes processes like medical billing and mortgage servicing.
Revenue Breakdown (FY25 Annual Figures):
- Total Revenue: INR 79,803 million (USD 944 million).
- EBIT Margin: 11.0% for FY25.
- PAT Margin: 7.4% for FY25 (Profit after tax of INR 5,945 million).
Sustainability and Innovation
- UnBPO Approach: A strategic shift from traditional BPO to an AI-powered, outcome-based model that eliminates the boundaries between front, middle, and back-office tasks.
- Innovation: Implementation of the OneFirstsource framework to amplify the brand and expand digital capabilities.
- Strategic Initiatives: Ongoing focus on cross-selling to existing clients and winning large deals (defined as deals with annual contract value over USD 5 million). As of late 2025, the company had 141 clients in the USD 1 million+ revenue bucket.
Financial and Growth Outlook
- FY25 ROCE: 15.6%.
- FY25 ROE: 14.5%.
- Net Debt: Stood at INR 13,169 million as of March 31, 2025.
- Future Outlook: The company is focusing on "Leading in the UnBPO world," targeting top-quartile revenue growth and concurrent margin expansion through technology integration.
References
