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Firstsource Solutions Limited

Services · Commercial Services & Supplies

NSE: FSL BSE: 532809
₹255.80
▲ 6.90 (2.77%)
Sept. 30, 2026 · NSE · nse_bhavcopy
Quality
76/100
Strong
Valuation
13/100
Expensive
Momentum
31/100
Neutral

QVM read Quality business Quality Strong, Valuation Expensive, Momentum Neutral

Tradinity's own scoring, not a copy of any third party's -- see the Key Metrics section for the real ratios behind each number.

Key Metrics

Market Capitalization
₹17,829 Cr
PE (TTM)
35.1
Industry median 24.9 (183 companies)
Price to Book
4.1
PEG (TTM)
4.8
Institutions holding %
33.79%
FII + DII, latest filed period
Piotroski Score
5
Relative return vs Nifty50, qtr %
13.6
Relative return vs Sector, qtr %
26.3
Free Cash Flow
₹1,018 Cr
as of March 31, 2026
Industry median ₹-0 Cr (372 companies)
EPS Growth (YoY)
52.55%
as of June 30, 2026
Industry median 0.00% (300 companies)
Net Profit Growth (TTM)
7.76%
as of June 30, 2026
Industry median 0.00% (325 companies)
Operating Revenue Growth (TTM)
24.39%
as of June 30, 2026
Industry median 0.00% (317 companies)
Profit Growth (YoY)
52.93%
as of June 30, 2026
Industry median 2.13% (293 companies)
Revenue Growth (YoY)
28.87%
as of June 30, 2026
Industry median 7.61% (227 companies)
Current Ratio
0.79
as of March 31, 2026
Industry median 2.48 (345 companies)
Debt to Equity
0.44
as of March 31, 2026
Industry median 0.06 (315 companies)
Interest Coverage
10.86
as of June 30, 2026
Industry median 2.71 (293 companies)
Net Margin
23.52%
as of June 30, 2026
Industry median 3.80% (247 companies)
Operating Margin (EBIT)
32.22%
as of June 30, 2026
Industry median 6.24% (257 companies)
Operating Margin (TTM)
23.01%
as of June 30, 2026
Industry median 4.63% (310 companies)
Return on Assets
7.24%
as of March 31, 2026
Industry median 0.99% (329 companies)
Return on Capital Employed
17.65%
as of March 31, 2026
Industry median 2.68% (300 companies)
Return on Equity
15.38%
as of March 31, 2026
Industry median 2.11% (328 companies)

Investment checklist

Tradinity's own yes/no questions with the rule stated beside each. “Items without enough data are left out, never counted as a No, and the totals count only answered questions. A summary of numbers on this page, not advice.

Financials

6 of 8 met
  • No Net profit is higher than a year earlier in each of the last 4 quarters
  • Yes Revenue is higher than a year earlier in each of the last 4 quarters
  • Yes Quality score is Strong (70 or more)
  • No Piotroski F-score is 7 or more (score 5)
  • Yes Debt to equity is below 0.5 (0.44)
  • Yes Return on equity is 15% or more (15.4%)
  • Yes Net cash flow for the latest year is positive
  • Yes Cash from operations is higher than the year before

Ownership

3 of 4 met
  • No FII/FPI or DII holding rose in the latest quarter
  • Yes Promoter holding rose or was unchanged in the latest quarter
  • Yes Promoter pledge is 5% of their holding or less and not rising (0.0% pledged)
  • Yes Insiders have not sold in the past 3 months (no open-market sale filed in the last 3 months)

Peer comparison

2 of 3 met
  • No 1-year return beats the industry median
  • Yes Revenue growth beats the industry median
  • Yes Profit growth beats the industry median

Value and momentum

1 of 6 met
  • Yes Price sits in the Buy zone of its own historical PE range (Buy Zone)
  • No Valuation score is Undervalued (70 or more)
  • No Momentum score is Bullish (70 or more)
  • No Price is above the 5, 10 and 20 day averages
  • No Price is above the 50, 100 and 200 day averages
  • No Latest candle has a bullish shape (hammer, dragonfly doji, white marubozu)

Price

Download CSV

PE/EPS use each quarter's real filed EPS only from 45 days after quarter-end (no look-ahead) against the raw close of the day. Price-to-book isn't a mode here: the feed has no dated share count, so there's no real history to chart.

RSI (14) (same adjusted close series as the price chart above)

MACD (12, 26, 9) (same adjusted close series as the price chart above)

Relative Returns (vs NIFTY 50)

Prices adjusted for splits and bonuses. * = a corporate action affecting this date could not be parsed and is not reflected.

Price range

Day return
2.8%
Low 248.9000 · High 270.7000
1W return
-4.5%
Low 248.0000 · High 270.7000
1M return
-3.4%
Low 246.6500 · High 292.0000
52W return
-21.6%
Low 202.0000 · High 371.7500
Lifetime High ₹406.7500 (Jan. 7, 2025)
Lifetime Low ₹5.7500 (Dec. 29, 2011)

Full price history and technicals →

Technicals

Full technicals, indicators & Volume/Delivery →

EMA & SMA

Bullish0
Bearish6
5D
256.9
10D
260.3
20D
263.6
50D
265.7
100D
266.0
200D
266.0

Delivery and volume

Day avg. delivery
31.4%
Week avg. delivery
16.8%
Month avg. delivery
17.8%

Week = 5 sessions, Month = 22 sessions ending the latest trading day — the same combined NSE+BSE delivery data as the table below, just summed.

Resistance and support

258.47
Pivot
First resistance268.03
Second resistance280.27
Third resistance289.83
First support246.23
Second support236.67
Third support224.43
Day RSI43.2
Day MFI88.9
Day MACD-3.52
Day MACD signal-2.20

Beta

1M-1.69
3M1.61
1Y1.18
3Y1.19

Price change analysis

↓ -3.4%
Over 1 Month
LowHigh
246.65292.00
↑ 11.4%
Over 3 Months
LowHigh
231.05341.90
↑ 19.0%
Over 6 Months
LowHigh
205.82341.90
↓ -21.6%
Over 1 Year
LowHigh
202.00371.75
Legend Positive indicator Neutral indicator Negative indicator

Buy/Sell Zone

View Buy/Sell Zone →
Current PE 35.1 (own history: 31.3–60.4)
Buy Zone

Financials

View full financials, peers & valuation multiples →
Revenue (June 30, 2026)
₹879 Cr
Net profit (June 30, 2026)
₹207 Cr
Basic EPS (June 30, 2026)
₹2.9900

Ranks #2 of 315 in Commercial Services & Supplies by market cap -- full peer table on the Financials page.

Shareholding pattern / Ownership

Shareholding summary

Jun 2026
  • Promoter53.66%
  • Mutual funds18.22%
  • FII/FPI8.38%
  • Other DII7.19%
  • Public11.70%

Largest holders

NameCategoryShares %Shares
RPSG VENTURES LIMITEDPromoter53.6600%373976673
HDFC SMALL CAP FUNDPublic8.7400%60915938
LIFE INSURANCE CORPORATION OF INDIAPublic4.0100%27914885
SBI TECHNOLOGY OPPORTUNITIES FUNDPublic2.0300%14152687
ICICI BANK LTDPublic1.7300%12029927

As of June 30, 2026. Only holders the filing discloses individually.

Historical promoter holding

Promoters holdings were unchanged at 53.66% in Jun 2026 qtr

Historical fii holding

FII/FPI holdings decreased from 8.86% to 8.38% in Jun 2026 qtr

Historical mutual fund holding

Mutual funds holdings decreased from 18.49% to 18.22% in Jun 2026 qtr

12 mutual fund schemes also hold this stock.

All shareholding details →

Insider trading, SAST & pledges

All 754 insider trades, 5 SAST, 0 pledge events →

Latest insider trades

FiledPersonCategoryTypeQuantityValue
1 Apr 2026 Firstsource Employee Benefit Trust Other Sell 0 ₹0
1 Apr 2026 Firstsource Employee Benefit Trust Other Sell 0 ₹0
1 Apr 2026 Firstsource Employee Benefit Trust Other Buy 0 ₹0
19 Mar 2026 Rajiv Malhotra Promoter group Sell 0 ₹0
16 Mar 2026 Firstsource Employee Benefit Trust Other Sell 0 ₹0
5 Mar 2026 Firstsource Employee Benefit Trust Other Sell 0 ₹0
5 Mar 2026 Firstsource Employee Benefit Trust Other Sell 0 ₹0
2 Mar 2026 Firstsource Employee Benefit Trust Other Buy 0 ₹0
2 Mar 2026 Firstsource Employee Benefit Trust Other Buy 0 ₹0
26 Feb 2026 Arun Tyagi Employee / designated person Sell 0 ₹0

All insider and SAST disclosures →

Deals (Bulk & Block)

All 56 deals, with filters and CSV →
DateClientDealActionQuantityPriceExchange
16 Apr 2026 NK SECURITIES RESEARCH PRIVATE LIMITED Bulk Buy 4,316,775 248.1400 NSE
16 Apr 2026 NK SECURITIES RESEARCH PRIVATE LIMITED Bulk Sell 4,316,775 248.2600 NSE
19 Aug 2024 GRAVITON RESEARCH CAPITAL LLP Bulk Buy 3,539,527 327.2200 NSE
19 Aug 2024 GRAVITON RESEARCH CAPITAL LLP Bulk Sell 3,539,527 327.2000 NSE
16 Aug 2024 GRAVITON RESEARCH CAPITAL LLP Bulk Buy 3,896,887 313.2500 NSE
16 Aug 2024 GRAVITON RESEARCH CAPITAL LLP Bulk Sell 3,896,887 313.5300 NSE
6 Aug 2024 GRAVITON RESEARCH CAPITAL LLP Bulk Buy 4,690,067 303.1000 NSE
6 Aug 2024 GRAVITON RESEARCH CAPITAL LLP Bulk Sell 4,690,067 303.4400 NSE
1 Aug 2024 GRAVITON RESEARCH CAPITAL LLP Bulk Buy 5,777,399 300.1800 NSE
1 Aug 2024 GRAVITON RESEARCH CAPITAL LLP Bulk Sell 5,777,399 300.4400 NSE

All bulk and block deals →

Dividends

Full dividend history →
Last 12 months ₹5.50 per share
Dividend yield 2.15%
Ex-dateSubjectPer share (₹)Record date
20 Feb 2026 Interim Dividend - Rs 5.50 Per Share 5.5000 20 Feb 2026
21 Feb 2025 Interim Dividend - Rs 4 Per Share 4.0000 21 Feb 2025
16 Feb 2024 Interim Dividend - Rs 3.50 Per Share 3.5000 16 Feb 2024
17 Feb 2023 Interim Dividend - Rs 3.50 Per Share 3.5000 17 Feb 2023
17 Feb 2022 Interim Dividend - Rs 3.50 Per Share 3.5000 18 Feb 2022
17 Feb 2021 Interim Dividend - Rs 3 Per Share 3.0000 19 Feb 2021
27 Feb 2020 Interim Dividend - Rs 2.50 Per Share 2.5000 28 Feb 2020
25 Jul 2019 Annual General Meeting/Dividend - Rs 2 Per Share 2.0000 —
26 Jul 2018 Annual General Meeting/Dividend- Rs 1.50 Per Share 1.5000 —

Corporate Actions

Full history (25 events) →

Bonuses, splits, buybacks and other events. Dividends are listed separately above.

Ex-dateTypeSubject
23 Jul 2024OTHERAnnual General Meeting
26 Jul 2023OTHERAnnual General Meeting
26 Jul 2022OTHERAnnual General Meeting
20 Jul 2021OTHER Annual General Meeting
13 Jul 2020OTHER Annual General Meeting

All corporate actions →

Board Meetings

View board meeting history →

Quarterly results, AGMs, buybacks and other board-approved business.

DatePurposeResults
6 Aug 2026 Financial Results Yes
6 May 2026 Financial Results Yes
3 Feb 2026 Financial Results/Dividend Yes
4 Nov 2025 Financial Results Yes
30 Jul 2025 Financial Results Yes

Corporate Announcements

All 1128 announcements, with search →

Exchange disclosures (NSE and BSE), most recent first.

DateCategoryAnnouncement
1 Oct 2026 Company Update Firstsource Solutions Ltd - 532809 - Clarification Letter On Volume Movement
1 Oct 2026 Company Update Firstsource Solutions Ltd - 532809 - Clarification sought from Firstsource Solutions Ltd
1 Oct 2026 Spurt in Volume Significant increase in volume has been observed in Firstsource Solutions Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Firstsource Solutions Limited has submitted their response.
30 Sep 2026 Spurt in Volume Significant increase in volume has been observed in Firstsource Solutions Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited.
28 Sep 2026 Trading Window Firstsource Solutions Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
28 Sep 2026 Insider Trading / SAST Firstsource Solutions Ltd - 532809 - Closure of Trading Window
25 Sep 2026 Press Release Firstsource Solutions Limited has informed the Exchange regarding a press release dated September 25, 2026, titled "Firstsource Named Among India s Best Workplaces for Women 2026 by Great Place to Work®".
25 Sep 2026 Company Update Firstsource Solutions Ltd - 532809 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
24 Sep 2026 ESOP/ESOS/ESPS Firstsource Solutions Limited has informed the Exchange regarding Allotment of 30451 Shares.
22 Sep 2026 Press Release Firstsource Solutions Limited has informed the Exchange regarding a press release dated September 22, 2026, titled "Firstsource Recognized Among the Best in Services Eating Software at the 2026 HFS SaS Awards".

All announcements →

SWOT

Tradinity's own rule-based read of the real ratios elsewhere on this page -- not a copy of any third party's, and never a forward-looking prediction.

Strengths

  • Strong net profit margin (23.5%)
  • Comfortable interest coverage (10.9x)
  • Strong revenue growth YoY (28.9%)

Weaknesses

  • Tight liquidity (Current Ratio 0.79)

Opportunities

Data unavailable.

Threats

  • PE above 35 (35.1) -- priced for continued strong execution
  • Down 21.6% over the past year

Board of directors and corporate information →

F&O

View F&O, Options & Backtest →

Single-stock futures available for this stock -- OI buildup, PCR, Max Pain and Greeks are all on the full F&O page.

Part of: NIFTY 500, NIFTY 500

Frequently asked questions about Firstsource Solutions Limited

Where is the share price?

The price at the top of this page is the last traded price from exchange data; during market hours it refreshes on its own. The Chart & Technicals section has the full price history.

Where are the financial results?

The Financials page has quarterly and annual results, ratios, cash flow and the balance sheet, on a standalone or consolidated basis.

Who owns the company?

The Ownership section shows the latest shareholding pattern from exchange filings, with promoter, FII, DII and public holdings by quarter.

Does Tradinity give buy or sell advice?

No. The scores and checklist on this page are rule-based summaries of published figures, not recommendations. Tradinity is not a registered investment adviser.