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Intrinsic value · Buy/Sell verdict · scores — free· 1046 Indian stocks· EOD 2026-09-12

Firstsource Solutions Limited

FSLNSETechnology
₹247.6
-3.75 (-1.49%)
Hold

Financial trend (78/100) does the heavy lifting; momentum (15/100) is the drag.

Fair value
The bottom line

StocksWizard rates Firstsource Solutions Limited a Hold, scoring 50/100 on our blended model. At ₹247.6 it trades below our blended DCF and relative-multiples fair value of ₹258.51, about 4% upside to that estimate — we read it as fairly valued. On 25.5x trailing earnings it sits pricier than the Technology median of about 20.0x. The price is about 33% below its 52-week high of ₹367.77 and 21% above the low of ₹204.39. Financial health scores 58/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 5/9. The average analyst target of ₹293.86 implies about 19% upside across 14 analysts. It clears 6 of 14 investability checks, with durability 48, valuation 54 and momentum 15 on our 0–100 scales.

Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.

Intrinsic value
Our fair value
₹258.51up 4.41%
Fairly valued
Price ₹247.6Range ₹123.8₹311.96
DCF + relative blendhigh confidence

With a 20% margin of safety, our buy-below price is ₹206.8.

Analyst views

14 analysts13 buy · 0 hold · 1 sell
12-month consensus target₹293.86up 18.68%

1-year price

EOD · 2026-09-12
1D
down 1.49%
1W
down 6.35%
1M
down 9.04%
3M
up 1.89%
6M
up 9.94%
1Y
down 30.75%

52-week range

-32.68% from the 52-week high.

Trend check
Below 50-DMA₹271Below 200-DMA₹267

Price above both moving averages reads as an intact uptrend; below both, the trend is against you.

Verdict pillars

Hold50
C
Financial health 58/100
Altman Z 3.33 · Safe zone

Piotroski F-score 5/9 — quality of earnings & balance sheet.

Our scores

Durability48
Valuation54
Momentum15

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Investability checklist

Passed 6 of 14 checks
Each check screens one fundamentals, valuation or trend signal.
  • Pass: ROE above 15%: 15.9%
  • Fail: Low debt (D/E < 0.5): 0.67x
  • Pass: Positive free cash flow
  • Pass: Revenue growth > 10%: 20%
  • Pass: Earnings growing: 28%
  • Fail: Net margin ≥ 10%: 7.1%
  • Fail: Current ratio > 1.5: 0.79
  • Pass: Below our fair value
  • Fail: Margin of safety ≥ 20%
  • Fail: Above 200-day average
  • Fail: Above 50-day average
  • Fail: Positive 1-year return
  • Pass: Altman Z in safe zone: Z 3.33
  • Fail: Piotroski ≥ 7: 5/9

Quarterly results

Revenue · 1Q2026
₹2,583 Cr
Net profit
₹205 Cr
Margin
8%
2Q2025
3Q2025
4Q2025
1Q2026
Revenue Net profitLatest revenue QoQ +5%

Annual financials

Revenue · 2026
₹9,556 Cr
Net profit
₹752 Cr
Margin
8%
2023
2024
2025
2026
Revenue Net profitLatest revenue YoY +20%

Shareholding

  • Promoter55.2%
  • Institutions30.9%
  • Public & other14.0%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹16,849 Cr
P/E ratio
25.5
P/B ratio
3.85
EPS (TTM)
₹9.55
ROE
15.9%
Debt / Equity
0.67x
Profit margin
7.1%
Free cash flow
₹944 Cr
52-week high
₹367.77
-32.68% from high
52-week low
₹204.39
Dividend yield
2.3%
Beta
0.20
SWOT snapshot

Bull case vs bear case

Bull case

Strengths

  • Financially solid — Altman Z 3.33.

Opportunities

  • Earnings growing (28% YoY).
  • Revenue growing (20% YoY).

Bear case

Weaknesses

  • Price below its 200-day moving average (downtrend).
  • Down 31% over the past year.

About Firstsource Solutions Limited

Firstsource Solutions Limited provides tech-enabled business processes in India, the United Kingdom, the United States, the United Arab Emirates, and internationally. It operates through Healthcare; Banking and Financial Services; Communication, Media and Technology; and Diverse Industries segments. The company offers various banking and financial services and solutions, including customer acquisition, onboarding, transaction processing and payments, disputes and complaints,

Firstsource Solutions Limited — frequently asked questions

Is Firstsource Solutions Limited a buy, hold or sell?

StocksWizard currently rates Firstsource Solutions Limited (FSL) a Hold, based on a blended score of 50/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.

What is Firstsource Solutions Limited's fair value?

Our blended DCF and relative-valuation model estimates Firstsource Solutions Limited's fair value at about ₹258.51, versus a current price of ₹247.6 — roughly 4% upside. On that basis the stock looks fairly valued.

Is Firstsource Solutions Limited financially healthy?

Firstsource Solutions Limited scores 58/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 5/9.

How has Firstsource Solutions Limited's share price performed?

Firstsource Solutions Limited is down 31% over the past year and up 2% over three months, and last traded at ₹247.6. Past performance doesn't predict future returns.

Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.