Firstsource Solutions Limited

NSEI:FSL Stock Report

Market Cap: ₹228.1b

Firstsource Solutions Past Earnings Performance

Past criteria checks 2/6

Firstsource Solutions has been growing earnings at an average annual rate of 10%, while the Professional Services industry saw earnings growing at 24.9% annually. Revenues have been growing at an average rate of 10.3% per year. Firstsource Solutions's return on equity is 14.5%, and it has net margins of 7.6%.

Key information

10.0%

Earnings growth rate

10.1%

EPS growth rate

Professional Services Industry Growth19.8%
Revenue growth rate10.3%
Return on equity14.5%
Net Margin7.6%
Next Earnings Update28 Apr 2025

Recent past performance updates

Recent updates

Slowing Rates Of Return At Firstsource Solutions (NSE:FSL) Leave Little Room For Excitement

Apr 15
Slowing Rates Of Return At Firstsource Solutions (NSE:FSL) Leave Little Room For Excitement

Firstsource Solutions Limited's (NSE:FSL) Earnings Haven't Escaped The Attention Of Investors

Mar 30
Firstsource Solutions Limited's (NSE:FSL) Earnings Haven't Escaped The Attention Of Investors

Here's Why Firstsource Solutions (NSE:FSL) Has Caught The Eye Of Investors

Mar 18
Here's Why Firstsource Solutions (NSE:FSL) Has Caught The Eye Of Investors
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AI Integration And Global Footprint Expansion Will Drive Future Success

Feb 18 Strategic diversification in client base and geographic expansion promotes revenue stability and long-term sustainable growth across new regions and verticals.

Firstsource Solutions Limited (NSE:FSL) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Feb 12
Firstsource Solutions Limited (NSE:FSL) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Firstsource Solutions (NSE:FSL) Is Increasing Its Dividend To ₹4.00

Feb 11
Firstsource Solutions (NSE:FSL) Is Increasing Its Dividend To ₹4.00

Calculating The Intrinsic Value Of Firstsource Solutions Limited (NSE:FSL)

Feb 04
Calculating The Intrinsic Value Of Firstsource Solutions Limited (NSE:FSL)

Is Firstsource Solutions (NSE:FSL) A Risky Investment?

Jan 23
Is Firstsource Solutions (NSE:FSL) A Risky Investment?

Investors Met With Slowing Returns on Capital At Firstsource Solutions (NSE:FSL)

Jan 11
Investors Met With Slowing Returns on Capital At Firstsource Solutions (NSE:FSL)

At ₹369, Is Firstsource Solutions Limited (NSE:FSL) Worth Looking At Closely?

Dec 30
At ₹369, Is Firstsource Solutions Limited (NSE:FSL) Worth Looking At Closely?

Firstsource Solutions Limited's (NSE:FSL) 27% Jump Shows Its Popularity With Investors

Nov 07
Firstsource Solutions Limited's (NSE:FSL) 27% Jump Shows Its Popularity With Investors

Firstsource Solutions Limited (NSE:FSL) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹352

Oct 31
Firstsource Solutions Limited (NSE:FSL) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹352

A Look At The Fair Value Of Firstsource Solutions Limited (NSE:FSL)

Oct 30
A Look At The Fair Value Of Firstsource Solutions Limited (NSE:FSL)

Should You Investigate Firstsource Solutions Limited (NSE:FSL) At ₹315?

Sep 24
Should You Investigate Firstsource Solutions Limited (NSE:FSL) At ₹315?

Earnings Tell The Story For Firstsource Solutions Limited (NSE:FSL) As Its Stock Soars 26%

Aug 19
Earnings Tell The Story For Firstsource Solutions Limited (NSE:FSL) As Its Stock Soars 26%

Firstsource Solutions Limited Just Missed EPS By 5.9%: Here's What Analysts Think Will Happen Next

Aug 02
Firstsource Solutions Limited Just Missed EPS By 5.9%: Here's What Analysts Think Will Happen Next

Does Firstsource Solutions (NSE:FSL) Have A Healthy Balance Sheet?

Jul 30
Does Firstsource Solutions (NSE:FSL) Have A Healthy Balance Sheet?

Firstsource Solutions Limited (NSE:FSL) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable

Jul 05
Firstsource Solutions Limited (NSE:FSL) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable

Firstsource Solutions Limited (NSE:FSL) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?

Jul 03
Firstsource Solutions Limited (NSE:FSL) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?

Estimating The Fair Value Of Firstsource Solutions Limited (NSE:FSL)

Jun 14
Estimating The Fair Value Of Firstsource Solutions Limited (NSE:FSL)

Returns On Capital At Firstsource Solutions (NSE:FSL) Have Hit The Brakes

Jun 02
Returns On Capital At Firstsource Solutions (NSE:FSL) Have Hit The Brakes

Here's What Analysts Are Forecasting For Firstsource Solutions Limited (NSE:FSL) After Its Yearly Results

May 07
Here's What Analysts Are Forecasting For Firstsource Solutions Limited (NSE:FSL) After Its Yearly Results

Is It Too Late To Consider Buying Firstsource Solutions Limited (NSE:FSL)?

May 02
Is It Too Late To Consider Buying Firstsource Solutions Limited (NSE:FSL)?

Is Firstsource Solutions Limited (NSE:FSL) Expensive For A Reason? A Look At Its Intrinsic Value

Feb 27
Is Firstsource Solutions Limited (NSE:FSL) Expensive For A Reason? A Look At Its Intrinsic Value

Is Firstsource Solutions Limited (NSE:FSL) Potentially Undervalued?

Jan 22
Is Firstsource Solutions Limited (NSE:FSL) Potentially Undervalued?

Investors Aren't Buying Firstsource Solutions Limited's (NSE:FSL) Earnings

Jan 06
Investors Aren't Buying Firstsource Solutions Limited's (NSE:FSL) Earnings

Does Firstsource Solutions (NSE:FSL) Have A Healthy Balance Sheet?

Dec 15
Does Firstsource Solutions (NSE:FSL) Have A Healthy Balance Sheet?

Return Trends At Firstsource Solutions (NSE:FSL) Aren't Appealing

Nov 28
Return Trends At Firstsource Solutions (NSE:FSL) Aren't Appealing

Revenue & Expenses Breakdown

How Firstsource Solutions makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:FSL Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2474,8935,6732,0160
30 Sep 2469,8355,3572,0160
30 Jun 2465,9815,2402,0160
31 Mar 2463,3625,1472,0160
31 Dec 2362,2265,2251,4450
30 Sep 2361,3095,5171,4450
30 Jun 2360,7925,5461,4450
31 Mar 2360,2235,1371,4450
31 Dec 2260,0945,0484,2300
30 Sep 2259,6834,8231,3830
30 Jun 2259,0874,8801,3830
31 Mar 2259,2125,3741,3830
31 Dec 2158,4014,5178500
30 Sep 2157,4154,3728500
30 Jun 2155,0064,0758500
31 Mar 2150,7803,6178500
31 Dec 2046,9564,0667470
30 Sep 2043,8383,7517470
30 Jun 2041,8103,3727470
31 Mar 2040,9863,3975940
31 Dec 1939,8533,4642,0720
30 Sep 1939,1713,5492,0720
30 Jun 1938,8693,8042,0720
31 Mar 1938,2633,7782,0720
31 Dec 1837,5643,7242,0200
30 Sep 1836,5843,7382,0200
30 Jun 1835,7663,49700
31 Mar 1835,3523,2651,9870
31 Dec 1735,3032,9912,2590
30 Sep 1735,2842,6952,2590
30 Jun 1735,3982,72000
31 Mar 1735,5562,8002,2590
31 Dec 1635,4583,0061,9730
30 Sep 1634,7902,9811,9730
30 Jun 1633,8242,8551,9730
31 Mar 1632,1732,6051,9730
31 Dec 1530,8422,4765,5970
30 Sep 1530,4452,3815,5970
30 Jun 1530,1112,3755,5970
31 Mar 1530,3472,3431,9110
31 Dec 1430,5422,3095,3840
30 Sep 1431,1632,2165,3840
30 Jun 1431,4442,0525,3840

Quality Earnings: FSL has high quality earnings.

Growing Profit Margin: FSL's current net profit margins (7.6%) are lower than last year (8.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FSL's earnings have grown by 10% per year over the past 5 years.

Accelerating Growth: FSL's earnings growth over the past year (8.6%) is below its 5-year average (10% per year).

Earnings vs Industry: FSL earnings growth over the past year (8.6%) did not outperform the Professional Services industry 14.3%.


Return on Equity

High ROE: FSL's Return on Equity (14.5%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/15 18:58
End of Day Share Price 2025/04/15 00:00
Earnings2024/12/31
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Firstsource Solutions Limited is covered by 24 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jayalaxmi GuptaAnand Rathi Shares and Stock Brokers Limited
Mohit JainAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited