Why did Firstsource Solutions (FSL) stock move recently?

On 8/6/2026, Firstsource Solutions moved -13.1% — Firstsource Solutions dropped after Q1 FY27 consolidated net profit fell ~2% YoY to about Rs 165.9 crore and declined ~19% sequentially. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Firstsource Solutions (FSL) overvalued or fairly valued?

MarketChacha shows Firstsource Solutions's valuation in context — a forward P/E of about 17.2, a price-to-book of about 4.3 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Firstsource Solutions's revenue?

Firstsource Solutions reported revenue of ₹2,883 Cr for FY2026, with net profit of ₹432 Cr, per official filings.

What is the share price of Firstsource Solutions (FSL)?

Firstsource Solutions last traded at ₹275.80 (-2.1% on the day), as of 10/19/2026 — a delayed quote shown for education, not investment advice.

Firstsource Solutions

FSL · NSE · IT Services · India

Snapshot

TickerFSL

ExchangeNSE

SectorIT Services

IndustryInformation Technology Services

CountryIndia

Employees36,875

HeadquartersMumbai, India

Websitewww.firstsource.com

Filings tracked8

About Firstsource Solutions

Firstsource Solutions Limited provides technology-enabled business process services in Asia, the United Kingdom, the United States, and internationally. The company operates through four segments: Healthcare; Banking and Financial Services; Communications, Media and Technology; and Diverse Industries. It offers core banking, card and digital payments, consumer lending, mortgage, commercial lending, and fraud management; member enrollment, member engagement, digital mailroom, network operations, claims optimization, population health, and data intelligence solutions, as well as business process as a service solution; and patient access, revenue integrity, revenue recovery, and revenue command center solutions. The company also provides customer acquisition, subscriber operations, complaints and dispute management, revenue operations, and collections solutions; customer lifecycle management, community management, and billing operations; and managed engineering, customer support and success, revenue operations, and AI data solutions. In addition, it offers acquire and enroll, fund and pay, learn and engage, support and serve, collect and recover, and credential and place; customer engagement, merchant operations, fulfillment support, customer service and loyalty, and trust and safety; and customer acquisition, meter to cash, emergency services, and revenue operations and collections solutions. The company serves banking and financial services, healthcare, communications, media, technology, retail and digital marketplaces, education technology, and energy and utilities industries. The company was formerly known as ICICI OneSource Limited and changed its name to Firstsource Solutions Limited in November 2006. The company was founded in 2000 and is based in Mumbai, India. Firstsource Solutions Limited operates as a subsidiary of RPSG Ventures Limited.

Who owns it

Promoters54.9%
Institutions31.4%
Public & other13.8%

70 institutional holders

Ownership breakdown from public market data. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend8.6% → 7.1%

Margin has held broadly steady over the period — stable profitability.

Growth qualityrev 12% · PAT 7%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next fiscal year

Rev ₹12,591 Cr · EPS 16.00

Est. earnings growth +19.7%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 5

Revenue (FY2026)

₹9,556 Cr

Net margin

7.1%

Revenue CAGR (3y)

+16.9%

Profit CAGR (3y)

+9.5%

Net profit (FY2026)

₹674 Cr

Ask MarketChacha about FSL

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Aug 6, 2026
Firstsource Solutions dropped after Q1 FY27 consolidated net profit fell ~2% YoY to about Rs 165.9 crore and declined ~19% sequentially.
source 1 ↗source 2 ↗· confidence: high
Jul 29, 2026
Firstsource Solutions rose sharply with the broader IT sector and small/midcap rally on July 29, with no company-specific catalyst reported.
source 1 ↗source 2 ↗· confidence: medium
Jul 27, 2026
Firstsource Solutions rose with the broader market or sector, as no specific company news, results, or filing was reported on July 27.
· confidence: low
Jul 23, 2026
Firstsource Solutions shares declined 3.08% in line with weakness in the broader Indian market and IT sector, with no company-specific news, results, guidance, or filings identified as the driver.
· confidence: low

Daily moves with the verified reason behind them. Education only — not investment advice.

Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2026	₹9,556 Cr	₹674 Cr	7.1%
FY2025	₹7,980 Cr	₹594 Cr	7.4%
FY2024	₹6,333 Cr	₹515 Cr	8.1%
FY2023	₹5,986 Cr	₹514 Cr	8.6%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
Q1 FY27	₹2,725 Cr	₹166 Cr*	2.40	6.1%
Q4 FY26	₹2,583 Cr	₹205 Cr	—	7.9%
Q3 FY26	₹2,467 Cr	₹120 Cr	—	4.9%
Q2 FY26	₹2,312 Cr	₹180 Cr	—	7.8%
Q1 FY26	₹2,218 Cr	₹169 Cr	—	7.6%

* Net profit includes one-off / non-operating items (e.g. a settlement or accounting gain), so it doesn’t reflect operating performance — net margin is hidden for that period.

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

Filings & announcements

2026

Clarification Sought From Firstsource Solutions Limited Regarding Movement In Volume/Price
Regulation 30 - Clarification is attached for the Movement in Volume/Price
BSE9/16/2026
Clarification sought from Firstsource Solutions Ltd
The Exchange has sought clarification from Firstsource Solutions Ltd on September 16, 2026, with reference to Movement in Volume.<BR><BR>The reply is awaited.
BSE9/16/2026material
Allotment of ESOP / ESPS
Allotment of ESOP, is as enclosed
BSE8/28/2026
Allotment of ESOP / ESPS
Allotment of ESOP, is as enclosed
BSE8/19/2026
Earnings Call Transcript
The transcript of the investor/analyst call held on Thursday, August 06, 2026, is as enclosed
BSE8/11/2026
Press Release / Media Release
Press Release is as enclosed
BSE8/11/2026
Voting Result In Respect Of 25Th Annual General Meeting (""AGM").
Voting Result in respect of 25th Annual General Meeting ("AGM") held on August 6, 2026, is as enclosed.
BSE8/7/2026
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Scrutinizer''s Report in respect of 25th Annual General Meeting ("AGM"") held on August 6, 2026, is as enclosed
BSE8/7/2026material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.