ALFA Finder| Management target | Revenue 13.0% FY27 |
|---|
| Revenue growth | 22.9% YoY reported; 12.3% YoY CC. |
|---|---|
| Margins | EBIT margin expanded 110bps YoY to 12.4%. |
| Order book | Large transformative deal in UK benefits/pensions administration. |
| Demand visibility | Strong, evidenced by 12 new logo additions. |
| Management confidence | High |
Growth
Revenue grew 22.9% YoY (12.3% in constant currency); Profit After Tax grew 31.2% YoY excluding exceptional items.
Outlook
FY27 guidance set at 10-13% constant currency revenue growth and 12.25-12.75% EBIT margin.
Risks
TTM attrition increased to 33.1%; risks include wage increases, client concentration, and potential disruptions in telecom infrastructure.
Last quarter's promises, checked
Delivered
- FY26 EBIT margin 11.5%-12% → delivered 11.7% (= BEAT)
- FY26 Tax rate 19%-21% → delivered 20.6% (= BEAT)
- Q4FY26 Revenue growth 11.6% CC → delivered 12.3% CC in Q1FY27 (= BEAT)
Partly delivered
- FY27 Revenue growth 10%-13% CC → delivered 12.3% (= PARTIAL)
Missed
- FY27 EBIT margin 12.25%-12.75% → delivered 12.4% (= MISS mid-point)
Investor Presentation filed with NSE, NSE: FSL. Summary written with AI assistance from the document.
Firstsource Solutions Ltd: key numbers
- Share price
- ₹295.25
- Market cap
- ₹20,592 Cr
- Revenue (annual)
- ₹9,556 Cr
- Net profit (annual)
- ₹674.4 Cr
- P/E (TTM)
- 28.4×Sector 23.6×
- Promoter holding
- 53.66%+0.00% QoQ
- FII holding
- 7.44%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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- Key figure
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