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FSL

Firstsource Solutions Limited
Small-capIT ↗

What the six lenses say about FSL — its relative strength vs the baselines, price & RS trend, the 8-quarter financials, and live filings.

Price
₹242.9
2026-07-10
VWAP · 1Y anchor
₹272
-10.8% from VWAP
P/E · TTM
25.5×
TTM EPS ₹9.5
52-week range
24%
position low→high
RSI(14)
50
momentum

Own sector index

IT ↗
Underweight

1M

-0.9%

3M

-9.7%

1Y

-27.0%

Breadth >EMA21

50%

How FSL’s own sector index is moving — context for reading the stock’s six lenses.

Six-lens read

What the six lenses say

How the lenses are scored ↗
Strength
5.0
avg conviction decile
Leadership
0/2
active lenses · Tech & Flow
Each lens is a decile within its cap cohort (D10 = top 10%) — no black-box composite. Expand a lens for the real numbers behind it.
LensDecile · Small-cap cohortDRaw
TechnicalD28›

The actual numbers

Price vs VWAP (1y)-10.8%
EMA trend stackDown · 21<50<200
Price vs 200-EMA-10.8%
Price vs 50-EMA-0.4%
RSI(14)50
RS vs Nifty 500 · 3M+6.9%
RS vs sector · 3M+20.0%
52-week range24%
Volume vs 30d avg2.35×
Volume vs 60d avg0.63×
ATR(14) · volatility11.4
Bollinger width · vol contraction0.096
FundamentalD548›

The actual numbers

Return on equity (ROE)17.7%
Return on capital (ROCE)16.2%
Operating margin10.8%
Net margin7.1%
Revenue growth · YoY+19.8%
EPS growth · YoY+11.1%
Debt / equity0.67×

Full 8-quarter history in the financials table below.

ValuationD635›

The actual numbers

P/E (TTM)25.5×
TTM EPS₹9.5
52-week range24%
CatalystD1068›

The actual numbers

Earnings & momentum82
Capital actions26
Governance116

Every filing in the corporate-announcements panel below.

FlowD852›

The actual numbers

Promoter holding53.7%
Delivery · 30d avg32.7%
Up/down-day asymmetry-6.5pp
How the decile & conviction are calculated

Decile — each lens’s 0–100 score is ranked against every Small-cap stock in the universe. D10 = top 10% (strongest), D1 = bottom 10%. A decile is simply where this stock sits versus its size-peers on that lens — no weighting, no black box.

Conviction — the average of the two active conviction-lens deciles (Technical & Flow):

( D2 + D8 ) ÷ 2 = 5.0(Technical · Flow)

Fundamental, Catalyst, Valuation and Policy are shown for context but carry weight 0 in the current model, so they are not scored into conviction. Full detail on the methodology page ↗.

Glass box

How the score is built

Click a lens to expand its sub-components, then drill to the actual values. The eye icon on any term explains it.

Conviction score · Below threshold
12
Conviction score 12/100 · avg-decile strength 5.0/10
Conviction score12/100›
TechnicalD2›
FundamentalD5›
ValuationD6›
CatalystD10›
FlowD8›

Relative strength · always on

Percentage-point spread vs each baseline across six windows. Green = outperforming, red = lagging. Data as of 2026-07-10.

Baseline1D1W1M3M6M12M
Nifty 50
Large-cap anchor
+2.1pp
+2.6pp
-6.1pp
+10.6pp
-15.4pp
-25.7pp
Nifty 500
Broad-market baseline
+1.7pp
+2.5pp
-6.7pp
+6.9pp
-20.4pp
-29.6pp
Sector
Own-sector index
—
—
-2.0pp
+20.0pp
+4.3pp
-4.2pp

From atlas_foundation.technical_daily. Sector row covers 1M–12M (1D/1W not stored).

Trend

Price · EMA 20 / 50 / 200

FSL daily close with the three trend EMAs · atlas_foundation.ohlcv_stock.

₹ (close)
242.94+5.75

Relative strength

RS vs baseline · rebased to 100

FSL ÷ Nifty 500, rebased to 100 at window start — above 100 = outperforming since then.

RS vs Nifty 500 (=100)
103.07+1.68

TradingView composite technical analysis — multi-timeframe consensus

Quarterly financials

Last 8 quarters from the company’s filings (₹ crore) — revenue, profit, margins and the growth trend.

MetricJun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26
Revenue (₹cr)1,7911,9252,1022,1612,2182,3122,4432,583
↳ change QoQ—+7.5%+9.2%+2.8%+2.6%+4.2%+5.7%+5.7%
EBITDA (₹cr)272285324333347376403430
EBITDA margin15.2%14.8%15.4%15.4%15.6%16.3%16.5%16.7%
PAT (₹cr)135138160161169180120205
↳ change QoQ—+2.2%+16.0%+0.4%+5.0%+6.5%-33.3%+70.8%
Net margin7.5%7.2%7.6%7.4%7.6%7.8%4.9%7.9%
EPS (₹)1.972.012.332.272.392.541.702.90
D/E————————
YoY growth · Mar '26Revenue +19.5% YoYPAT +27.3% YoY

Corporate announcements

Filings to the exchange — capital actions, earnings and governance. Most recent first.

  • 18 Jun '26
    LOWgovernance
    Analysts/Institutional Investor Meet/Con. Call Updates
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 17 Jun '26
    LOWgovernance
    ESOP/ESOS/ESPS
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 17 Jun '26
    MEDIUMgovernance
    Disclosure under SEBI Takeover Regulations
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 15 Jun '26
    LOWgovernance
    Analysts/Institutional Investor Meet/Con. Call Updates
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 10 Jun '26
    LOWgovernance
    ESOP/ESOS/ESPS
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 3 Jun '26
    LOWgovernance
    ESOP/ESOS/ESPS
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 2 Jun '26
    LOWgovernance
    Analysts/Institutional Investor Meet/Con. Call Updates
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 1 Jun '26
    MEDIUMcapital
    Press Release
    ›

    An exchange filing — open the original disclosure on NSE for the full text.

    View original filing on NSE ↗
  • 20 May '26
    LOWgovernance
    ESOP/ESOS/ESPS
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 13 May '26
    LOWgovernance
    ESOP/ESOS/ESPS
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 12 May '26
    LOWgovernance
    Analysts/Institutional Investor Meet/Con. Call Updates
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 8 May '26
    LOWgovernance
    Analysts/Institutional Investor Meet/Con. Call Updates
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 6 May '26
    LOWgovernance
    Analysts/Institutional Investor Meet/Con. Call Updates
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 6 May '26
    LOWgovernance
    ESOP/ESOS/ESPS
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 6 May '26
    MEDIUMearnings
    Investor Presentation
    ›

    An exchange filing — open the original disclosure on NSE for the full text.

    View original filing on NSE ↗

…and 5 more.

Ownership

Who holds FSL

Mutual funds holding FSL (10)

FundWeightAUM ₹crGrade
HDFC Small Cap Gr3.92%38,809
Canara Robeco Small Cap Reg Gr0.95%13,967
Axis Multicap Reg Gr0.54%9,938
Tata Digital India Reg Gr1.87%9,196
Edelweiss Small Cap Reg Gr0.98%6,156
Aditya BSL Small Cap Gr1.10%5,453
UTI Small Cap Reg Gr0.72%5,213
SBI Technology Opportunities Reg Gr3.41%4,018
Aditya BSL Digital India Gr2.56%3,817
Tata Multicap Reg Gr1.13%3,455

ETFs holding FSL (1)

ETFWeightGrade
Zerodha Nifty Smallcap 100 ETF0.77%
Show company profile (about, sector, employees, IPO)
Native from atlas_foundation — lens journal, technical_daily, ohlcv_stock; TradingView for the live instrument view. ← Back to IT