Firstsource Solutions enterprise value

Share price at each year-end

Tap a line for its trend	Currentlast 12M	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus


21,464	—	—	—	—	FY22 and earlierEvery year the company has filed comes with Alpha Plus.
409	309	216	205	211
0.0	0.4	0.4	0.4	0.4
1,937	1,937	1,533	812	827
22,992	—	—	—	—
1,528	1,629	1,317	608	616
₹329.88	—	—	—	—

6,815	6,322	5,631	4,513	4,194
28.4%	30.6%	27.2%	18.0%	19.7%
0.08×	—	—	—	—

2.17×	—	—	—	—
13.10×	—	—	—	—
17.76×	—	—	—	—
22.58×	—	—	—	—
10,577	9,556	7,980	6,336	6,022
1,755	1,556	1,208	956	827
1,295	1,122	881	696	563
—	1,214	701	645	795
1,018	1,018	460	560	741
—	981	429	541	728
—	196	241	85.1	53.6

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

FSL₹307.95

Firstsource Solutions Ltd.

· Consumer Services

₹ CrorePeersECLERX GESHIP FIRSTCRY DEVYANI BLS MEESHO REDINGTON PWLMcap ₹21,464 Cr

HighlightsEnterprise Value Multiples Per ShareAnnuals · FY-end closes

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Current/LTM TTM · last close
Market Capitalization	—	—	—	—	21,463.8
- Cash, Equiv & ST Investments	211.1	204.8	215.8	308.7	409.0
+ Minority Interest	0.4	0.4	0.4	0.4	0.0
+ Total Debt	827.0	812.3	1,532.7	1,937.5	1,937.5
Enterprise Value	—	—	—	—	22,992.3
Net Debt (memo)	615.9	607.5	1,316.9	1,628.7	1,528.5
EV per Share	—	—	—	—	329.88

Total Capital	4,194.2	4,513.1	5,630.7	6,322.4	6,815.0
Total Debt/Total Capital	19.72	18.00	27.22	30.64	28.43
Total Debt/EV	—	—	—	—	0.08

EV/Sales	—	—	—	—	2.17
EV/EBITDA	—	—	—	—	13.10
EV/EBIT	—	—	—	—	17.76
EV/Free Cash Flow	—	—	—	—	22.58
Reference Items — Trailing FY Values
Sales	6,022.3	6,336.2	7,980.3	9,556.4	10,577.0
EBITDA	826.5	956.4	1,207.6	1,556.2	1,754.9
EBIT	563.3	696.2	880.6	1,122.1	1,294.6
Operating Cash Flow	795.0	644.8	701.1	1,214.0	—
Free Cash Flow	741.4	559.7	459.9	1,018.3	1,018.3
FCFF (free cash flow to the firm)	728.4	541.2	428.7	981.3	—
Capital Expenditure	53.6	85.1	241.2	195.7	—

Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.