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Earnings Call

Firstsource Solutions Earnings Call: Key Takeaways

Firstsource delivered strong Q4FY26 results with ₹25.8bn revenue (19.5% YoY growth) and 12.2% EBIT margin. The company is transitioning into a global intelligence partner under the RP-Sanjiv Goenka Group.

Why this was an Alfa AlertNot a filter event. Results and FY27 guidance are consistent with steady growth trends, not a material guidance beat.
Highlights
Revenue growth19.7% YoY for FY26; Q4 CC growth 11.6% YoY.
MarginsFY26 EBIT margin 11.7% (up 70bps); FY27 guidance implies further expansion.
Order bookKey wins in fintech, utilities, and healthcare verticals.
Demand visibilityStrong pipeline evidenced by 11 new logos in Q4.

Growth

FY26 revenue reached ₹95.6bn (up 19.7% YoY). Q4 PAT grew 27.7% YoY to ₹2,052mn with 7.9% margin.

Outlook

FY27 guidance: 10-13% constant currency revenue growth and 12.25-12.75% EBIT margin.

Risks

Intense BPS competition, wage increases, client concentration, and potential disruptions in telecom infrastructure.

Source

Earnings Call filed with BSE, NSE: FSL. Summary written with AI assistance from the document.

Read the document ↗

Firstsource Solutions Ltd: key numbers

Share price
₹259.45
Market cap
₹18,095 Cr
Revenue (annual)
₹9,556 Cr
Net profit (annual)
₹674.4 Cr
P/E (TTM)
27.0×Sector 22.1×
Promoter holding
53.66%+0.00% QoQ
FII holding
8.38%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Firstsource Solutions Ltd

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16:33 IST BSE
Employee Stock Options

Firstsource Solutions Employee Stock Options

Firstsource Solutions allotted 30,451 equity shares under its ESOS 2003 and ESOP 2019 employee stock option plans following the exercise of vested options.

17:42 IST BSE
Other Announcement

Firstsource Solutions Other Announcement

Firstsource Solutions Ltd informed exchanges about an unsolicited ESG rating of 75.00 assigned by Niche Ninety Nine Capability and Certifications (OPC) Private Limited.

12:13 IST BSE
Price Movement Clarification

Firstsource Solutions Price Movement Clarification

Firstsource Solutions responded to a BSE surveillance query on volume/price movement, stating the move is purely market-driven. No specific news or corporate event was cited to explain the fluctuation.

16:27 IST BSE
Capital Structure Change

Firstsource Solutions Capital Structure Change

Firstsource Employee Benefit Trust sold 67,968 equity shares through market and off-market transactions. The total consideration for these sales is approximately ₹0.12 Crore.

Value
₹0.12 Cr
16:17 IST BSE
Employee Stock Options

Firstsource Solutions Employee Stock Options

Firstsource Solutions Ltd allotted 67,968 equity shares under its ESOP 2003 and ESOP 2019 schemes following the exercise of stock options.