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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Firstsource Solutions Limited is an India-based company. The Company is engaged in providing information technology (IT) enabled business process management (BPM) services to banking and financial services, healthcare, communication media and technology and other diverse…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, slow-growing business, fairly priced.
Firstsource is scored on the it / services framework. It keeps a slim 7.0% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.80× reported profit. Free cash flow is worth about 3.7% of its market value.
Over the last 3 years revenue compounded at 16%/yr and profit at 10%/yr. Book value has grown 9%/yr. Return on equity is a healthy 17.5%. In the latest quarter profit grew 40% versus the prior quarter.
At 30× earnings, the stock sits at the 55th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~14%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 28.72 | 18.54 | worse |
| P/B | 4.25 | 3.63 | worse |
| EV/EBITDA | 14.47 | 6.09 | worse |
| ROE | 17.49 | 38.53 | worse |
| ROCE | 16.25 | 12.97 | better |
| ROA | 7.43 | 4.38 | better |
| Quick Ratio | 0.79 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| TCS | 17.4 | 7.6 | 43.4% |
| Infosys | 15.6 | 5.1 | 31.0% |
| HCL Technologies | 21.3 | 5.1 | 24.1% |
Revenue has grown every year across all 4 financial years shown. 16% CAGR over 3 years — steady double-digit compounder. Growth is decelerating — latest year grew slower than the year before.
Revenue is outpacing profit (16% vs 9%) — costs are rising faster than the top line.
Operating margins have been stable around 9% — no major structural shift. Margins have declined for 3 consecutive years — watch for a structural cost problem.
ROE at 15% — a respectable return on shareholder capital. High ROE despite single-digit margins — an asset-turn play with high capital velocity. Low variance across years — a predictable business that earns steadily on its equity base.
9% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 1.8× PAT — earnings are well-backed by cash; strong accrual quality.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Run-rate stepping up — recent quarters average 10% above earlier ones.
Profit jumped 40% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (5% → 8%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 53.7% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.