Firstsource Solutions Limited Logo

Firstsource Solutions Limited

FSL.NS

(2.5)
Stock Price

339,50 INR

16.93% ROA

14.12% ROE

41.47x PER

Market Cap.

220.562.801.950,00 INR

25.99% DER

1.11% Yield

7.94% NPM

Firstsource Solutions Limited Stock Analysis

Firstsource Solutions Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Firstsource Solutions Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (17.11%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

4 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

5 DER

The stock maintains a fair debt to equity ratio (59%), indicating a reasonable balance between the money it owes and the ownership it possesses.

6 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (2.007), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

7 PBV

The stock's elevated P/BV ratio (3.69x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

8 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

10 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

Firstsource Solutions Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Firstsource Solutions Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Firstsource Solutions Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Firstsource Solutions Limited Revenue
Year Revenue Growth
2005 5.487.478.000
2006 8.168.483.000 32.82%
2007 12.406.138.000 34.16%
2008 17.525.208.000 29.21%
2009 19.539.104.000 10.31%
2010 20.110.183.000 2.84%
2011 22.549.920.000 10.82%
2012 28.185.350.000 19.99%
2013 31.270.230.000 9.87%
2014 30.033.780.000 -4.12%
2015 31.746.920.000 5.4%
2016 35.556.100.000 10.71%
2017 35.352.470.000 -0.58%
2018 37.867.070.000 6.64%
2019 40.501.920.000 6.51%
2020 50.326.870.000 19.52%
2021 58.657.400.000 14.2%
2022 59.859.270.000 2.01%
2023 61.668.520.000 2.93%
2023 63.362.450.000 2.67%
2024 71.643.960.000 11.56%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Firstsource Solutions Limited Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Firstsource Solutions Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 1.668.864.000
2006 2.275.218.000 26.65%
2007 3.261.977.000 30.25%
2008 4.559.049.000 28.45%
2009 4.533.797.000 -0.56%
2010 4.571.744.000 0.83%
2011 4.260.580.000 -7.3%
2012 1.679.160.000 -153.73%
2013 1.804.100.000 6.93%
2014 1.620.930.000 -11.3%
2015 1.671.590.000 3.03%
2016 1.793.770.000 6.81%
2017 1.788.870.000 -0.27%
2018 821.420.000 -117.78%
2019 923.830.000 11.09%
2020 1.178.080.000 21.58%
2021 2.653.230.000 55.6%
2022 1.517.020.000 -74.9%
2023 0 0%
2023 3.243.070.000 100%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Firstsource Solutions Limited EBITDA
Year EBITDA Growth
2005 805.267.000
2006 1.632.213.000 50.66%
2007 2.076.867.000 21.41%
2008 2.718.997.000 23.62%
2009 2.811.025.000 3.27%
2010 2.563.673.000 -9.65%
2011 1.993.980.000 -28.57%
2012 3.203.600.000 37.76%
2013 3.593.400.000 10.85%
2014 3.895.010.000 7.74%
2015 4.160.070.000 6.37%
2016 4.366.980.000 4.74%
2017 4.645.480.000 6%
2018 5.372.120.000 13.53%
2019 6.379.700.000 15.79%
2020 8.072.290.000 20.97%
2021 9.576.860.000 15.71%
2022 9.573.550.000 -0.03%
2023 9.829.720.000 2.61%
2023 9.564.400.000 -2.77%
2024 10.794.800.000 11.4%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Firstsource Solutions Limited Gross Profit
Year Gross Profit Growth
2005 5.405.242.000
2006 8.058.258.000 32.92%
2007 12.226.856.000 34.09%
2008 17.301.522.000 29.33%
2009 19.256.510.000 10.15%
2010 19.824.441.000 2.86%
2011 7.719.010.000 -156.83%
2012 8.620.550.000 10.46%
2013 10.628.980.000 18.9%
2014 10.442.640.000 -1.78%
2015 9.765.560.000 -6.93%
2016 11.422.940.000 14.51%
2017 11.175.860.000 -2.21%
2018 12.023.250.000 7.05%
2019 13.467.660.000 10.73%
2020 16.422.350.000 17.99%
2021 20.502.700.000 19.9%
2022 21.184.460.000 3.22%
2023 24.068.600.000 11.98%
2023 6.962.160.000 -245.71%
2024 7.880.800.000 11.66%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Firstsource Solutions Limited Net Profit
Year Net Profit Growth
2005 242.621.000
2006 966.222.000 74.89%
2007 1.305.388.000 25.98%
2008 307.826.000 -324.07%
2009 1.365.210.000 77.45%
2010 1.403.670.000 2.74%
2011 622.110.000 -125.63%
2012 1.465.920.000 57.56%
2013 1.929.620.000 24.03%
2014 2.343.180.000 17.65%
2015 2.649.690.000 11.57%
2016 2.799.960.000 5.37%
2017 3.265.190.000 14.25%
2018 3.777.860.000 13.57%
2019 3.396.860.000 -11.22%
2020 3.616.860.000 6.08%
2021 5.373.740.000 32.69%
2022 5.137.200.000 -4.6%
2023 5.060.360.000 -1.52%
2023 5.147.290.000 1.69%
2024 5.410.000.000 4.86%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Firstsource Solutions Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 1
2006 4 66.67%
2007 3 0%
2008 1 0%
2009 3 100%
2010 3 0%
2011 1 -200%
2012 3 50%
2013 3 0%
2014 4 33.33%
2015 4 0%
2016 4 25%
2017 5 0%
2018 5 20%
2019 5 -25%
2020 5 20%
2021 8 28.57%
2022 8 0%
2023 7 0%
2023 8 0%
2024 8 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Firstsource Solutions Limited Free Cashflow
Year Free Cashflow Growth
2005 384.251.000
2006 958.628.000 59.92%
2007 2.426.002.000 60.49%
2008 1.830.319.000 -32.55%
2009 1.715.705.000 -6.68%
2010 2.457.034.000 30.17%
2011 -469.330.000 623.52%
2012 1.596.910.000 129.39%
2013 3.598.150.000 55.62%
2014 1.997.920.000 -80.09%
2015 2.139.420.000 6.61%
2016 1.127.600.000 -89.73%
2017 2.525.890.000 55.36%
2018 2.763.160.000 8.59%
2019 2.970.030.000 6.97%
2020 742.507.500 -300%
2020 8.024.700.000 90.75%
2021 6.185.280.000 -29.74%
2022 7.414.010.000 16.57%
2023 4.596.050.000 -61.31%
2024 -76.000.000 6147.43%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Firstsource Solutions Limited Operating Cashflow
Year Operating Cashflow Growth
2005 370.564.000
2006 913.666.000 59.44%
2007 2.268.494.000 59.72%
2008 1.739.388.000 -30.42%
2009 1.715.705.000 -1.38%
2010 2.457.034.000 30.17%
2011 56.810.000 -4225%
2012 1.992.760.000 97.15%
2013 3.955.720.000 49.62%
2014 2.460.480.000 -60.77%
2015 2.997.270.000 17.91%
2016 1.981.320.000 -51.28%
2017 3.150.940.000 37.12%
2018 3.850.680.000 18.17%
2019 4.104.040.000 6.17%
2020 1.026.010.000 -300%
2020 9.755.670.000 89.48%
2021 7.035.580.000 -38.66%
2022 7.950.230.000 11.5%
2023 5.447.090.000 -45.95%
2024 75.000.000 -7162.79%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Firstsource Solutions Limited Capital Expenditure
Year Capital Expenditure Growth
2005 -13.687.000
2006 -44.962.000 69.56%
2007 -157.508.000 71.45%
2008 -90.931.000 -73.22%
2009 0 0%
2010 0 0%
2011 526.140.000 100%
2012 395.850.000 -32.91%
2013 357.570.000 -10.71%
2014 462.560.000 22.7%
2015 857.850.000 46.08%
2016 853.720.000 -0.48%
2017 625.050.000 -36.58%
2018 1.087.520.000 42.53%
2019 1.134.010.000 4.1%
2020 283.502.500 -300%
2020 1.730.970.000 83.62%
2021 850.300.000 -103.57%
2022 536.220.000 -58.57%
2023 851.040.000 36.99%
2024 151.000.000 -463.6%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Firstsource Solutions Limited Equity
Year Equity Growth
2005 4.373.371.000
2006 10.708.556.000 59.16%
2007 7.436.800.000 -43.99%
2008 13.848.990.000 46.3%
2009 14.293.459.000 3.11%
2010 14.228.279.000 -0.46%
2011 14.312.090.000 0.59%
2012 17.147.740.000 16.54%
2013 20.928.560.000 18.07%
2014 20.902.480.000 -0.12%
2015 24.270.510.000 13.88%
2016 20.291.780.000 -19.61%
2017 23.530.130.000 13.76%
2018 27.213.150.000 13.53%
2019 27.659.700.000 1.61%
2020 27.998.260.000 1.21%
2021 30.333.130.000 7.7%
2022 33.671.950.000 9.92%
2023 36.700.160.000 8.25%
2023 37.007.870.000 0.83%
2024 37.011.870.000 0.01%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Firstsource Solutions Limited Assets
Year Assets Growth
2005 6.864.598.000
2006 14.059.951.000 51.18%
2007 26.040.940.000 46.01%
2008 30.433.798.000 14.43%
2009 30.136.820.000 -0.99%
2010 32.425.658.000 7.06%
2011 39.314.870.000 17.52%
2012 33.516.730.000 -17.3%
2013 36.894.520.000 9.16%
2014 34.265.370.000 -7.67%
2015 36.672.210.000 6.56%
2016 35.192.970.000 -4.2%
2017 33.975.700.000 -3.58%
2018 36.757.470.000 7.57%
2019 45.870.510.000 19.87%
2020 48.296.920.000 5.02%
2021 57.086.910.000 15.4%
2022 56.643.690.000 -0.78%
2023 60.020.890.000 5.63%
2023 60.830.370.000 1.33%
2024 60.830.000.000 -0%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Firstsource Solutions Limited Liabilities
Year Liabilities Growth
2005 2.491.227.000
2006 3.351.395.000 25.67%
2007 18.604.140.000 81.99%
2008 16.584.808.000 -12.18%
2009 15.843.361.000 -4.68%
2010 18.197.379.000 12.94%
2011 25.002.780.000 27.22%
2012 16.368.990.000 -52.74%
2013 15.965.960.000 -2.52%
2014 13.362.890.000 -19.48%
2015 12.401.700.000 -7.75%
2016 14.901.190.000 16.77%
2017 10.445.570.000 -42.66%
2018 9.544.320.000 -9.44%
2019 18.210.810.000 47.59%
2020 20.298.660.000 10.29%
2021 26.753.780.000 24.13%
2022 22.971.740.000 -16.46%
2023 23.320.730.000 1.5%
2023 23.822.500.000 2.11%
2024 23.823.000.000 0%

Firstsource Solutions Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
96.08
Net Income per Share
7.63
Price to Earning Ratio
41.47x
Price To Sales Ratio
3.34x
POCF Ratio
35.32
PFCF Ratio
41.6
Price to Book Ratio
5.87
EV to Sales
3.61
EV Over EBITDA
23.37
EV to Operating CashFlow
38.68
EV to FreeCashFlow
44.89
Earnings Yield
0.02
FreeCashFlow Yield
0.02
Market Cap
220,56 Bil.
Enterprise Value
237,98 Bil.
Graham Number
96.19
Graham NetNet
-28.59

Income Statement Metrics

Net Income per Share
7.63
Income Quality
1.17
ROE
0.14
Return On Assets
0.09
Return On Capital Employed
0.17
Net Income per EBT
0.82
EBT Per Ebit
0.86
Ebit per Revenue
0.11
Effective Tax Rate
0.18

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.24
Operating Profit Margin
0.11
Pretax Profit Margin
0.1
Net Profit Margin
0.08

Dividends

Dividend Yield
0.01
Dividend Yield %
1.11
Payout Ratio
0.46
Dividend Per Share
3.5

Operating Metrics

Operating Cashflow per Share
8.96
Free CashFlow per Share
7.72
Capex to Operating CashFlow
0.14
Capex to Revenue
0.01
Capex to Depreciation
0.31
Return on Invested Capital
0.13
Return on Tangible Assets
0.17
Days Sales Outstanding
64.21
Days Payables Outstanding
22.26
Days of Inventory on Hand
-96.07
Receivables Turnover
5.68
Payables Turnover
16.4
Inventory Turnover
-3.8
Capex per Share
1.24

Balance Sheet

Cash per Share
3,03
Book Value per Share
53,89
Tangible Book Value per Share
10.37
Shareholders Equity per Share
53.89
Interest Debt per Share
15.6
Debt to Equity
0.26
Debt to Assets
0.16
Net Debt to EBITDA
1.71
Current Ratio
0.13
Tangible Asset Value
7,12 Bil.
Net Current Asset Value
-21,74 Bil.
Invested Capital
24373010000
Working Capital
-14,33 Bil.
Intangibles to Total Assets
0.49
Average Receivables
11,61 Bil.
Average Payables
3,06 Bil.
Average Inventory
-6594499999.5
Debt to Market Cap
0.04

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Firstsource Solutions Limited Dividends
Year Dividends Growth
2018 2
2019 2 50%
2020 3 0%
2021 3 33.33%
2022 4 0%
2023 4 0%
2024 4 0%

Firstsource Solutions Limited Profile

About Firstsource Solutions Limited

Firstsource Solutions Limited provides business process management services in the United Kingdom, the United States, Asia, and internationally. The company offers various services across the customer lifecycle, including acquisition, account servicing, collection, and retentions; complaints handling and resolution, mortgage processing and invoice financing, and asset-based lending; compliance and risk management; lead management; sales conversion & onboarding; analytics and business intelligence; digital collections; dispute management; factoring & discounting; default management; and fraud management, as well as mortgage solutions including mortgage value chain origination, underwriting, title, post-closing, servicing, and collections. It also provides digitally enabled customer engagement solutions comprising eligibility & enrollment services; debt collections; digital mailroom operations; claims adjudication & adjustments; receivables management; intelligent automated; eligibility & enrollment; intelligent data capture; and telehealth tech support. In addition, the company offers customer experience management and digitally enabled contact center solutions, such as tier 1 and tier 2 customer support; self-service/contact avoidance; complaints handling and remediation; inbound and outbound sales; retention and loyalty; customer insights/analytics; and revenue generation, as well as meter 2 cash operations; self-service/digital deflection; customer insights/automation; and debt management. It serves the banking and financial services, healthcare, telecom and media, insurance, mortgage, and utilities sectors. The company was formerly known as ICICI Onesource Limited and changed its name to Firstsource Solutions Limited in November 2006. The company was incorporated in 2001 and is based in Mumbai, India. Firstsource Solutions Limited is a subsidiary of RPSG Ventures Limited.

CEO
Mr. Ritesh Mohan Idnani
Employee
27.940
Address
Paradigm ‘B’ Wing
Mumbai, 400064

Firstsource Solutions Limited Executives & BODs

Firstsource Solutions Limited Executives & BODs
# Name Age
1 Mr. Aniket Maindarkar
Chief Marketing Officer
70
2 Mr. Aftab Javed
Chief Human Resource Officer
70
3 Mr. Ritesh Mohan Idnani
MD, Chief Executive Officer & Executive Director
70
4 Ms. Pooja Suresh Nambiar
Company Secretary & Compliance Officer
70
5 Mr. Sohit Brahmawar
President & Chief Operating Officer
70
6 Mr. Dinesh Jain
Chief Financial Officer
70
7 Madhavi Behl
Vice President of Corporate Communications
70
8 Mr. Bhavesh Lakhani
Chief Information Officer
70
9 Mr. Manjunath Srivatsa
SVice President & CAO - Administration, Infrastructure & Physical Security
70
10 Mr. Arjun Mitra
President of Collections & US CM
70

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