Firstsource Solutions Complete Financial Statements
FSL • Review detailed financials to uncover trends, confirm thesis & journal trades
11 Years of Data
2025 - 2015
Complete Financial Data Export
Export complete financial statements for Firstsource Solutions (FSL).
Downloads include all available records across all periods.
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Profitability Ratios
Net Profit Margin
7.78%
2025 data
EBITDA Margin
16.37%
2025 data
Operating Margin
16.00%
2025 data
Return on Assets
2.27%
2025 data
Return on Equity
4.39%
2025 data
Balance Sheet Ratios
Current Ratio
1.59
2025 data
Debt to Equity
1.93
2025 data
Equity Ratio
51.73%
2025 data
Asset Turnover
0.29
2025 data
Year-over-Year Growth Analysis
Comparing Sept 2024 vs Sept 2025
Revenue Growth
+19.9%
Year-over-Year
Net Profit Growth
+30.4%
Year-over-Year
EBITDA Growth
+29.8%
Year-over-Year
Expense Growth
+18.2%
Year-over-Year
Assets Growth
+30.4%
Year-over-Year
Equity Growth
+10.7%
Year-over-Year
Liabilities Growth
+30.4%
Year-over-Year
Operating Cash Flow Growth
+8.9%
Year-over-Year
Investing Cash Flow Growth
-1205.3%
Year-over-Year
Financing Cash Flow Growth
+104.1%
Year-over-Year
Income Statement
Periods
₹ Crores
| Particulars | Sept 2025 | Mar 2025 | Jun 2025 | Sept 2024 | Mar 2024 | Jun 2024 | Dec 2024 | Sept 2023 | Mar 2023 | Jun 2023 | Dec 2023 | Sept 2022 | Mar 2022 | Jun 2022 | Dec 2022 | Sept 2021 | Mar 2021 | Jun 2021 | Dec 2021 | Sept 2020 | Mar 2020 | Jun 2020 | Dec 2020 | Sept 2019 | Mar 2019 | Jun 2019 | Dec 2019 | Sept 2018 | Mar 2018 | Jun 2018 | Dec 2018 | Sept 2017 | Mar 2017 | Jun 2017 | Dec 2017 | Sept 2016 | Mar 2016 | Jun 2016 | Dec 2016 | Sept 2015 | Mar 2015 | Jun 2015 | Dec 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,315 | 2,170 | 2,228 | 1,930 | 1,672 | 1,786 | 2,095 | 1,559 | 1,569 | 1,528 | 1,610 | 1,523 | 1,524 | 1,459 | 1,566 | 1,419 | 1,448 | 1,478 | 1,446 | 1,180 | 1,068 | 1,054 | 1,352 | 980 | 965 | 965 | 1,046 | 945 | 869 | 908 | 973 | 847 | 864 | 856 | 866 | 858 | 855 | 877 | 862 | 776 | 735 | 737 | 804 |
| Expenses | 1,936 | 1,829 | 1,871 | 1,638 | 1,420 | 1,521 | 1,785 | 1,311 | 1,313 | 1,289 | 1,360 | 1,297 | 1,299 | 1,291 | 1,295 | 1,190 | 1,339 | 1,247 | 1,226 | 1,000 | 916 | 895 | 1,155 | 853 | 829 | 814 | 887 | 822 | 765 | 791 | 849 | 763 | 793 | 777 | 771 | 772 | 758 | 774 | 778 | 694 | 655 | 657 | 717 |
| EBITDA | 379 | 341 | 357 | 292 | 252 | 265 | 310 | 248 | 257 | 239 | 251 | 226 | 224 | 167 | 271 | 229 | 109 | 232 | 220 | 180 | 152 | 158 | 197 | 128 | 137 | 151 | 159 | 123 | 104 | 117 | 124 | 84 | 71 | 79 | 95 | 86 | 96 | 103 | 83 | 81 | 80 | 80 | 86 |
| Operating Profit Margin % | 16.00% | 16.00% | 16.00% | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% | 16.00% | 16.00% | 15.00% | 12.00% | 15.00% | 11.00% | 14.00% | 16.00% | 8.00% | 16.00% | 15.00% | 15.00% | 14.00% | 15.00% | 15.00% | 12.00% | 14.00% | 16.00% | 15.00% | 13.00% | 12.00% | 13.00% | 13.00% | 10.00% | 8.00% | 9.00% | 11.00% | 10.00% | 11.00% | 12.00% | 10.00% | 10.00% | 11.00% | 10.00% | 11.00% |
| Depreciation | 110 | 91 | 97 | 79 | 67 | 73 | 84 | 65 | 64 | 61 | 66 | 66 | 70 | 64 | 69 | 60 | 53 | 58 | 62 | 52 | 47 | 50 | 51 | 46 | 19 | 44 | 48 | 18 | 17 | 18 | 19 | 16 | 11 | 15 | 17 | 16 | 13 | 16 | 16 | 18 | 18 | 17 | 16 |
| Interest | 43 | 43 | 43 | 34 | 27 | 32 | 39 | 26 | 21 | 25 | 25 | 20 | 19 | 19 | 20 | 16 | 14 | 15 | 15 | 12 | 14 | 13 | 13 | 15 | 9 | 13 | 16 | 7 | 9 | 6 | 7 | 10 | 11 | 11 | 10 | 11 | 13 | 13 | 10 | 13 | 17 | 14 | 12 |
| Profit Before Tax | 224 | 202 | 213 | 171 | 159 | 167 | 201 | 154 | 172 | 155 | 161 | 155 | 156 | 105 | 184 | 164 | 55 | 165 | 161 | 125 | 103 | 104 | 148 | 81 | 111 | 107 | 104 | 108 | 104 | 106 | 111 | 84 | 76 | 79 | 91 | 86 | 87 | 92 | 83 | 63 | 64 | 57 | 75 |
| Tax | 45 | 41 | 44 | 33 | 26 | 32 | 40 | 28 | 31 | 29 | 32 | 26 | 24 | 20 | 26 | 29 | 9 | 32 | 26 | 20 | 12 | 15 | 27 | 13 | 13 | 16 | 14 | 16 | 11 | 17 | 13 | 15 | 11 | 14 | -8 | 15 | 10 | 18 | 13 | 4 | 2 | 4 | 7 |
| Net Profit | 180 | 161 | 169 | 138 | 134 | 135 | 160 | 127 | 141 | 126 | 129 | 129 | 132 | 85 | 158 | 135 | 47 | 134 | 135 | 105 | 92 | 89 | 121 | 67 | 98 | 91 | 90 | 93 | 93 | 89 | 98 | 69 | 65 | 65 | 100 | 71 | 78 | 73 | 70 | 59 | 62 | 53 | 68 |
| Earnings Per Share (₹) | 2.60 | 2.33 | 2.45 | 2.01 | 1.94 | 1.97 | 2.33 | 1.85 | 2.07 | 1.85 | 1.88 | 1.90 | 1.95 | 1.25 | 2.32 | 2.03 | 0.69 | 1.98 | 1.99 | 1.55 | 1.32 | 1.29 | 1.78 | 0.97 | 1.42 | 1.32 | 1.29 | 1.35 | 1.36 | 1.29 | 1.42 | 1.01 | 0.96 | 0.96 | 1.46 | 1.05 | 1.15 | 1.09 | 1.03 | 0.88 | 0.94 | 0.79 | 1.00 |
Related Pages for Firstsource Solutions
Additional stock information and data for FSL
Balance Sheet
Years
Annual Data
₹ Crores
| Particulars | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Total Assets | 7,922 | 6,076 | 5,664 | 5,709 | 4,830 | 4,587 | 3,676 | 3,398 | 3,351 | 3,176 | 3,427 |
| Current Assets | 2,224 | 1,535 | 1,408 | 1,421 | 1,231 | 1,104 | 851 | 789 | 784 | 648 | 744 |
| Fixed Assets | 4,994 | 3,853 | 3,716 | 3,744 | 2,998 | 2,871 | 2,223 | 2,080 | 2,068 | 2,022 | 2,444 |
| Capital Work in Progress | 49 | 17 | 3 | 3 | 0 | 0 | 2 | 2 | 4 | 2 | 9 |
| Investments | 73 | 42 | 71 | 130 | 94 | 12 | 134 | 34 | 163 | 85 | 68 |
| Other Assets | 2,807 | 2,164 | 1,874 | 1,832 | 1,738 | 1,704 | 1,317 | 1,282 | 1,116 | 1,067 | 907 |
| LIABILITIES | |||||||||||
| Total Liabilities | 7,922 | 6,076 | 5,664 | 5,709 | 4,830 | 4,587 | 3,676 | 3,398 | 3,351 | 3,176 | 3,427 |
| Current Liabilities | 1,396 | 737 | 738 | 1,141 | 628 | 490 | 60 | 62 | 409 | 659 | 467 |
| Non-Current Liabilities | |||||||||||
| SHAREHOLDERS' EQUITY | |||||||||||
| Total Equity | 4,098 | 3,701 | 3,367 | 3,033 | 2,800 | 2,766 | 2,721 | 2,353 | 2,029 | 1,779 | 2,090 |
| Share Capital | 697 | 697 | 697 | 697 | 696 | 694 | 691 | 687 | 681 | 673 | 666 |
| Reserves & Surplus | 3,401 | 3,003 | 2,670 | 2,336 | 2,103 | 2,072 | 2,030 | 1,665 | 1,347 | 1,104 | 1,422 |
Cash Flow Statement
Periods
₹ Crores
| Particulars | March 2025 | March 2024 | March 2023 | March 2022 | March 2021 | March 2020 | March 2019 | March 2018 | March 2017 | March 2016 | March 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | 701 | 644 | 795 | 704 | 976 | 410 | 400 | 315 | 200 | 297 | 246 |
| Investing Activities | -744 | -57 | 17 | -594 | -345 | 10 | -203 | 96 | -233 | -101 | -104 |
| Financing Activities | 23 | -564 | -743 | -158 | -689 | -277 | -273 | -327 | 4 | -207 | -246 |
| Net Cash Flow | -21 | 23 | 69 | -49 | -58 | 143 | -76 | 84 | -30 | -11 | -105 |