Firstsource Solutions Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Ritesh Idnani

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	4.3yrs
Board average tenure	3yrs

Recent management updates

Recent updates

CEO

Ritesh Idnani

less than a year

Tenure

Mr. Ritesh Mohan Idnani is Managing Director, Chief Executive Officer and Director at Firstsource Solutions Limited since September 1, 2023. He was Chief Revenue Officer of Uniphore Technologies Inc until...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Dinesh Jain	President & CFO	11.3yrs	₹42.01m	0.044% ₹ 62.4m
Ritesh Idnani	MD, CEO & Additional Director	less than a year	no data	no data
Prashanth Nandella	Chief Operating Officer	4.3yrs	no data	0.0036% ₹ 5.1m
Manjunath Srivatsa	Senior VP & CAO-Administration	no data	₹7.03m	no data
Ankur Maheshwari	Head of IR & Corporate Planning (M&A)	no data	no data	no data
Pooja Nambiar	Company Secretary & Compliance Officer	7.3yrs	₹2.91m	no data
Aniket Maindarkar	Chief Marketing Officer	less than a year	no data	no data
Aftab Javed	Chief Human Resource Officer	less than a year	no data	no data
Arjun Mitra	Head of Collections	7.2yrs	no data	no data
Sundara Sukavanam	Chief Digital Officer	4.3yrs	no data	no data
Venkatgiri Vandali	Chief Sales Transformation Officer and Head of Healthcare & Lifesciences	4.3yrs	no data	0.084% ₹ 120.1m
Rajivkumar Malhotra	Head of Europe	2yrs	no data	no data

4.3yrs

Average Tenure

Experienced Management: 532809's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ritesh Idnani	MD, CEO & Additional Director	less than a year	no data	no data
Sanjiv Goenka	Chairman	11.4yrs	₹300.00k	no data
Pradip Khaitan	Non-Executive & Non Independent Director	9.5yrs	₹300.00k	no data
Utsav Parekh	Independent Non-Executive Director	1.5yrs	₹150.00k	no data
Shashwat Goenka	Non Independent Non-Executive Vice Chairman	11.4yrs	₹600.00k	no data
Subrata Talukdar	Non Independent Non-Executive Director	11.4yrs	₹900.00k	no data
Tharavanat Chandrasekharan Kumar	Additional Non-Executive Independent Director	less than a year	no data	no data
Rekha Sethi	Additional Non-Executive Independent Director	less than a year	no data	no data
Sunil Mitra	Independent Non-Executive Director	5.1yrs	₹650.00k	no data
Anjani Agrawal	Independent Non-Executive Director	3yrs	₹950.00k	no data
Vanita Uppal	Independent Non-Executive Woman Director	2yrs	₹250.00k	no data

3.0yrs

Average Tenure

63yo

Average Age

Experienced Board: 532809's board of directors are considered experienced (3 years average tenure).

Firstsource Solutions Management

Management criteria checks 2/4

Key information

Recent management updates

Firstsource Solutions Limited Approves Executive Appointments

President & CFO recently sold ₹9.2m worth of stock

Insider recently sold ₹19m worth of stock

Insider recently sold ₹10m worth of stock

Firstsource Solutions Limited Approves Appointment of Aniket Maindarkar as Chief Marketing Officer (Senior Management Personnel)

Insider recently sold ₹19m worth of stock

Recent updates

Full year 2024 earnings: EPS misses analyst expectations

Firstsource Solutions Limited (NSEI:FSL) entered into share purchase agreement to acquire Quintessence Business Solutions & Services Private Limited from Anitha Balasubramanian, N S Ragunathan, T S Giridharan, R Nirmal Kumar for INR 3.3 billion.

Firstsource Solutions Limited Approves Executive Appointments

Now 21% overvalued after recent price rise

President & CFO recently sold ₹9.2m worth of stock

Now 21% overvalued after recent price rise

Insider recently sold ₹19m worth of stock

Now 24% overvalued after recent price rise

Insider recently sold ₹10m worth of stock

Upcoming dividend of ₹3.50 per share at 1.7% yield

Price target increased by 9.8% to ₹210

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Firstsource Solutions Limited Approves Appointment of Aniket Maindarkar as Chief Marketing Officer (Senior Management Personnel)

Firstsource Solutions Limited to Report Q3, 2024 Results on Feb 07, 2024

Insider recently sold ₹19m worth of stock

Insider recently sold ₹19m worth of stock

Insider recently sold ₹105m worth of stock

Second quarter 2024 earnings: EPS misses analyst expectations

Firstsource Solutions Limited to Report Q2, 2024 Results on Nov 08, 2023

President & CFO recently sold ₹8.5m worth of stock

High number of new directors

Insider recently sold ₹1.6m worth of stock

President & CFO recently sold ₹8.5m worth of stock

Insider recently sold ₹4.0m worth of stock

Price target increased by 7.3% to ₹164

Firstsource Solutions Limited Announces CEO Changes

Chief Operating Officer recently sold ₹2.2m worth of stock

MD, CEO & Executive Director recently sold ₹26m worth of stock

Price target increased by 15% to ₹148

Firstsource Solutions Limited Launches First Sense AI

Firstsource Solutions Limited Appoints Aftab Javed as Chief Human Resource Officer

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Firstsource Solutions Limited to Report Q1, 2024 Results on Aug 02, 2023

New minor risk - Insider selling

Chief Operating Officer recently sold ₹10m worth of stock

President & CFO recently sold ₹3.4m worth of stock

President & CFO recently sold ₹1.4m worth of stock

Insider recently sold ₹113k worth of stock

Investor sentiment improves as stock rises 15%

Full year 2023 earnings: EPS exceeds analyst expectations

Insider recently sold ₹6.0m worth of stock

Upcoming dividend of ₹3.50 per share at 2.9% yield

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Firstsource Solutions Limited Declares an Interim Dividend for the Financial Year Ending March 31, 2023

Firstsource Solutions Limited to Report Q3, 2023 Results on Feb 02, 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Firstsource Solutions Limited to Report Q2, 2023 Results on Nov 02, 2022

Insider recently sold ₹4.3m worth of stock

Now 20% undervalued

Insider recently sold ₹1.9m worth of stock

Insider recently sold ₹3.1m worth of stock

Now 22% undervalued

Insider recently sold ₹2.7m worth of stock

Consensus EPS estimates fall by 15%

Price target decreased to ₹123

Firstsource Solutions Declares an Interim Dividend for the Financial Year Ending March 31, 2022

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Price target decreased to ₹136

Insider recently sold ₹10m worth of stock

Firstsource Solutions Limited to Report Q1, 2023 Results on Aug 03, 2022

Firstsource Solutions Limited, Annual General Meeting, Aug 03, 2022

Price target decreased to ₹143

Insider recently sold ₹1.8m worth of stock

Consensus EPS estimates fall by 11%

Price target decreased to ₹172

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

High number of new directors

Firstsource Solutions Limited to Report Q4, 2022 Results on May 05, 2022

Insider recently sold ₹12m worth of stock