Firstsource Solutions share price today

Firstsource Solutions Ltd's share price was ₹290.40 at the close on 4 November 2026. It has been moving sideways for 7 weeks. That is 5.6% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹209 and ₹363, and at that close it sat 53% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Firstsource Solutions Ltd is in stage 1. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 15 weeks in a row.

Over the last 11 years the share price moved +732% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: foreign funds (FIIs) cut their stake for 8 quarters in a row, revenue up on a year earlier for 12 quarters in a row (every quarter we can compare) and highest quarterly profit in 16 quarters.

1. Foreign funds (FIIs) cut their stake for 8 quarters in a row

   From 11.6% to 7.4% of the company by the September 2026 quarter.

2. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹2,826 crore, +22.2% on a year earlier.

   Why: Revenue rose because banking and financial services work grew strongly, helped by nine new customers.

   Next results: check whether the large contracts just won start bringing in money.

   From the earnings call on 29 Oct 2026.

3. Highest quarterly profit in 16 quarters

   Profit of ₹232 crore in the September 2026 quarter is the highest of the last 16 quarters.

   Why: Profit rose because the company kept staff costs low even as it added more people and gave pay rises, so more of each sale became profit.

   Next results: check whether profit margin holds as senior staff pay rises land and some gains are spent on new skills.

   From the earnings call on 29 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), Firstsource Solutions reported revenue of ₹2,826 crore, up 22.2% from ₹2,312 crore a year earlier, and a profit of ₹232 crore, up 28.9% from ₹180 crore.

Firstsource Solutions results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Firstsource Solutions' management discussed these results on a call held on 29 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Firstsource Solutions closed at ₹290.40 on 4 November 2026, down 14.7% from ₹340.45 a year earlier (7 November 2025) and up 44.8% over five years. Its highest weekly close since March 2016 was ₹401.25 on 3 January 2025.

Firstsource Solutions share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Firstsource Solutions closed at ₹290.40, down 0.9% on the week and up 16.0% on the month. 29 Oct 2026: Firstsource Solutions held its results call for July to September 2026. Management guided: FY27 constant-currency revenue growth 10.5% to 13% versus 10% to 13% earlier.

Earlier

• Results for July to September 2026: Revenue up 22.2% and profit up 28.9% on a year earlier.
• 20 Feb 2026: ex-date for an interim dividend of ₹5.50 a share.

Firstsource Solutions paid ₹5.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 1.89% at the ₹290.40 close on 4 November 2026. The last was an interim dividend of ₹5.50 a share, ex-date 20 February 2026.

Firstsource Solutions dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Firstsource Solutions Ltd paid out 57% of its profit as dividends in FY26, and it paid a dividend in 9 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 29 October 2026, Firstsource Solutions' management guided: FY27 constant-currency revenue growth 10.5% to 13% versus 10% to 13% earlier.

“Today, more than 50% of our revenues are already non-linear in nature, which we understand is an industry-leading metric.”Ritesh Idnani, on the call for July to September 2026

What management guided

• FY27 EBIT margin 12.25% to 12.75%.
• H2 revenue stronger than H1 broad-based across verticals.
• EBIT margin 14% to 15% band over next 2 to 3 years via 50 to 75 basis points yearly.
• Effective tax rate 22% to 24%.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 29 October 2026.

When Firstsource Solutions reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Advance banking hiring converts to revenue - per onboarding ahead of revenue commentary this quarter.

Firstsource Solutions is on 3 of our India lists: Dividend stocks, Small & mid cap stocks and IT stocks.

Firstsource Solutions Ltd earned ₹232 Cr of net profit in the Sep 2026 quarter, +28.9% on the same quarter a year earlier. Full-year FY26 profit was ₹674 Cr. Over 10 years profit has grown 10.0% a year on average. That is 8.2% of the quarter's revenue. The same quarter a year earlier earned ₹180 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹674 Cr (+13.5% on the year before).

Why profit moved: revenue changed +22.2% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +7.3% and revenue +20.2%. Profit is growing slower than sales: rising costs are taking part of the growth.

Firstsource Solutions Ltd reported ₹2,826 Cr of revenue in the Sep 2026 quarter, +22.2% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 11.5% a year on average. The last full year, FY26, came in at ₹9,556 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹10,577 Cr.

FY26 revenue was ₹9,556 Cr, +19.7% on the year before.

Recent pace: the last four quarters grew +20.2% on average, against 11.5% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +20.3%, against +23.1% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +7.9%, against +16.1% a year (rolling over).

Firstsource Solutions Ltd's operating margin was 17.0% in the Sep 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 13 years it has been between 12.0% and 17.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +0.4 percentage points on the year while gross margin changed +0.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.

Over the last 3 years, 144% of Firstsource Solutions Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹1,214 Cr of operating cash against ₹674 Cr of profit. After ₹988 Cr of spending on assets, ₹226 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 144% of profit came in as cash: the cash cycle got 18 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 2.8× depreciation over three years. The next section checks what that spending is building.

Firstsource Solutions Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 79 days in FY26, up from 61 days in FY21. It spent ₹2,899 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹9,556 Cr, each day of that cycle ties up about ₹26.2 Cr, so roughly ₹2,068 Cr is tied up in the business at any time.

Spending on assets: ₹2,899 Cr over the last 3 years, against ₹1,021 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹30.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Firstsource Solutions Ltd's P/E is 24.1×, near the high end of its own history: higher than 72% of past readings. Its usual P/E (the middle reading) is 15.5×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹10.24.