About FIRSTSOURCE SOLUTIONS LIMITED
FIRSTSOURCE SOLUTIONS LIMITED is a Public Limited Company and was incorporated on Dec 06, 2001 in India. It is registered at Registrar of Companies, ROC Mumbai. Its registered address is 1st Floor, Athena Towers, Mindspace Malad, Goregaon East, Mumbai, Goregaon East, Maharashtra, India, 400063. Its corporate identification number is (CIN) L64202MH2001PLC134147 and its current status is Active. Its industry classification as per MCA is provision Of Value Added Telecom Services: Paging, E-Mail, Cellular Phone, Video Conferencing, Internet (Service Directly Purchased From Internet Service Providers) Etc. It had a team size of 27940 employees as on Mar 31, 2024.
FIRSTSOURCE SOLUTIONS LIMITED's last Annual General Meeting (AGM) was held on Jul 30, 2025 as per records from Ministry of Corporate Affairs (MCA). FIRSTSOURCE SOLUTIONS LIMITED's authorised share capital is ₹872Cr and its paid up capital is ₹697Cr. The current board of directors of FIRSTSOURCE SOLUTIONS LIMITED comprises Shashwat Goenka, Subrata Talukdar and 9 more.
FIRSTSOURCE SOLUTIONS LIMITED generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2026.
Contact Details for FIRSTSOURCE SOLUTIONS LIMITED
- *****@firstsource.com
- Registered Address
- 1st Floor, Athena Towers, Mindspace Malad, Goregaon East, Mumbai, Goregaon East, Maharashtra, India, 400063
Brands associated with FIRSTSOURCE SOLUTIONS LIMITED
Name | Short Description | Founded Year | Location | Current Stage |
|---|---|---|---|---|
Provider of business process management, data analytics, and IT support services | 2001 | Public |
Principal Business Activity of FIRSTSOURCE SOLUTIONS LIMITED
Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
J | Information and communication | 63 | Information service activities | kmb |
Documents of FIRSTSOURCE SOLUTIONS LIMITEDFY 25 Available15 mins
Filing Summary
Here is a summary of filing activity and document availability across financial years:
File Type | FY 24-25 | FY 23-24 | FY 22-23 | FY 21-22 | FY 20-21 |
|---|---|---|---|---|---|
Financial Statements | - | ||||
Annual Returns | - |
Latest Financials, Share Allotment and Annual Report
The latest filed financial documents, annual reports, and share allotment filings are shown below:
Recent Filings
Below are the most recent filings submitted by the company:
Document Name | Category | Filing Date |
|---|---|---|
Form MGT-14 | Other eForm Documents | Apr 21, 2026 |
Copy(s) of resolution(s) along with copy of explanatory statement under section 173 | Other eForm Documents | Apr 21, 2026 |
Optional attachment(s)- if any | Annual Returns and Balance Sheet eForms | Sep 25, 2025 |
Optional attachment(s)- if any | Annual Returns and Balance Sheet eForms | Sep 25, 2025 |
List of share holders, debenture holders; | Annual Returns and Balance Sheet eForms | Sep 25, 2025 |
List of share holders, debenture holders; | Annual Returns and Balance Sheet eForms | Sep 25, 2025 |
Form MGT-7 | Annual Returns and Balance Sheet eForms | Sep 25, 2025 |
Photograph of the registered office of the Company showing external building and name prominently visible | Annual Returns and Balance Sheet eForms | Sep 25, 2025 |
Form CSR-2 | Annual Returns and Balance Sheet eForms | Aug 29, 2025 |
Form CSR-2 | Annual Returns and Balance Sheet eForms | Aug 29, 2025 |
Financials of FIRSTSOURCE SOLUTIONS LIMITEDFY 26 Available
Financial Statement Summary
Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 3060 | 2534 | 2870 | 5898 | 5411 |
Total Sales | 8617 | 9188 | 5439 | 5114 | 1447 |
Total Expenses | 9660 | 1495 | 1735 | 1335 | 6024 |
Operating Expenses | 4028 | 9701 | 4647 | 4529 | 2904 |
Employee Expenses | 3964 | 6302 | 3553 | 8450 | 9096 |
Marketing Expenses | 8231 | 2878 | 3969 | 4555 | 6245 |
Operating Income (EBIT) | 8922 | 4654 | 7202 | 1171 | 2359 |
Interest Expenses | 9889 | 3836 | 7327 | 1328 | 3103 |
Expenses from other activities | 6569 | 1923 | 3873 | 8075 | 9176 |
Information Technology Expenses | 1252 | 9291 | 2789 | 1497 | 5286 |
EBITDA | 8426 | 7068 | 4725 | 8952 | 4670 |
Taxes | 3772 | 3421 | 4800 | 3556 | 4074 |
Net Profit | 5548 | 1112 | 8915 | 7835 | 6422 |
Balance Sheet | |||||
Assets | 1012 | 2753 | 5006 | 8429 | 5119 |
Cash Equivalent | 5753 | 8170 | 4884 | 3601 | 5734 |
Accounts Receivables | 9212 | 4566 | 1998 | 2557 | 3871 |
Inventory | 8211 | 1648 | 3141 | 7754 | 4377 |
Liabilities | 3999 | 2699 | 7918 | 3358 | 8838 |
Total Debt | 3482 | 4709 | 8566 | 6613 | 7416 |
Accounts Payable | 5515 | 2951 | 2279 | 5883 | 3679 |
Equities | 9821 | 3736 | 7907 | 9372 | 9609 |
Cashflow Statement | |||||
Cash from Operating activities | 1578 | 7577 | 4878 | 4445 | 7168 |
Cash from Investing activities | 7106 | 8617 | 1376 | 2379 | 6799 |
Net cash from Financing activities | 6602 | 4833 | 8054 | 8259 | 1045 |
Ratios
Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
Profitability Ratios | |||||
EBITDA Margin | 3526 | 3290 | 5872 | 9218 | 7745 |
EBIT Margin | 3063 | 4530 | 1784 | 7313 | 9988 |
Net Profit Margin | 9913 | 7421 | 4455 | 6614 | 6489 |
Return on Assets (ROA) | 7383 | 2613 | 2649 | 5009 | 1076 |
Return on Equity (ROE) | 2737 | 8117 | 9526 | 7923 | 2887 |
Return on Capital Employed | 4647 | 1906 | 7018 | 7198 | 7010 |
Return on Invested Capital | 9942 | 8429 | 2791 | 7005 | 7529 |
Efficiency Ratios | |||||
Asset Turnover | 2010 | 4700 | 7547 | 7711 | 9420 |
Receivables Turnover | 5896 | 8193 | 7153 | 1695 | 5254 |
Days Sales Outstanding | 1117 | 7670 | 1056 | 2002 | 3697 |
Inventory Turnover | 8692 | 9692 | 3332 | 6221 | 7903 |
Days Inventory Outstanding | 7183 | 7139 | 5381 | 8749 | 8235 |
Payables Turnover | 9956 | 9458 | 3478 | 9186 | 6668 |
Days Payables Outstanding | 5099 | 4131 | 5774 | 4928 | 7704 |
Liquidity Ratios | |||||
Current Ratio | 8001 | 8976 | 3396 | 5925 | 7171 |
Quick Ratio | 8106 | 1714 | 4568 | 7974 | 5851 |
Cash Ratio | 7596 | 4230 | 1127 | 5328 | 1349 |
Coverage Ratios | |||||
Cash Flow Coverage Ratio | 8017 | 6858 | 6755 | 9482 | 2722 |
Debt Ratios | |||||
Debt-to-Equity Ratio | 8587 | 1888 | 6388 | 5742 | 2209 |
Debt Ratio | 5851 | 2823 | 7185 | 3698 | 4421 |
Net Debt | 3312 | 3825 | 9189 | 2356 | 4524 |
Interest Coverage Ratio | 2333 | 7909 | 1458 | 1043 | 9925 |
Debt Service Coverage Ratio | 2217 | 6437 | 1242 | 7825 | 7726 |
Net Debt/EBITDA | 2044 | 6918 | 9342 | 8925 | 2665 |
Growth Ratios | |||||
Revenue Growth Rate (CAGR) | 9120 | 5721 | 4492 | 2091 | 6392 |
Earnings Growth Rate (CAGR) | 4945 | 7264 | 2824 | 3985 | 5023 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
Compounded Annual Growth Rate of FIRSTSOURCE SOLUTIONS LIMITED
Revenue CAGR | Growth |
|---|---|
1 Year | 20% |
3 Year | 961 |
5 Year | 389 |
EBITDA CAGR | Growth |
|---|---|
1 Year | 21% |
3 Year | 838 |
5 Year | 707 |
MSME Payment Delays by FIRSTSOURCE SOLUTIONS LIMITED
Loans and Charges on FIRSTSOURCE SOLUTIONS LIMITED
As a Borrower
Loan/ Charge ID | Lender Name | Loan Amount | Status | Creation Date | Closure Date |
|---|---|---|---|---|---|
10590699 | ₹150Cr | twmlmer | Aug 18, 2015 | cyfrlrj | |
10306196 | - | ₹1,730Cr | emhyspe | Jul 22, 2011 | uqthdzj |
10137871 | - | ₹6Cr | ahmdvwc | Jan 08, 2009 | iwdvo{k |
90350521 | - | ₹1.1Cr | osierqo | Sep 22, 2004 | xjwewha |
90350447 | ₹69Cr | aaohmdg | Jun 08, 2004 | ctr{rbr |
Credit Ratings of FIRSTSOURCE SOLUTIONS LIMITED
GSTIN Details of FIRSTSOURCE SOLUTIONS LIMITED
Board of Directors and Signatories of FIRSTSOURCE SOLUTIONS LIMITED
Board of Directors of FIRSTSOURCE SOLUTIONS LIMITED
Name | Designation | Status | Appointment Date | Duration |
|---|---|---|---|---|
Director | Current | Aug 06, 2013 | 13 Years 1 Month | |
Director | Current | Aug 06, 2013 | 13 Years 1 Month | |
Director | Current | Aug 06, 2013 | 13 Years 1 Month | |
Director | Current | Aug 03, 2015 | 11 Years 1 Month | |
Director | Current | Aug 02, 2019 | 7 Years 1 Month | |
Director | Current | Aug 03, 2022 | 4 Years 1 Month | |
Director | Current | Nov 02, 2022 | 3 Years 10 Months | |
Managing Director | Current | Oct 27, 2023 | 2 Years 10 Months | |
Director | Current | Oct 27, 2023 | 2 Years 10 Months | |
Director | Current | Oct 27, 2023 | 2 Years 10 Months | |
Director | Current | May 31, 2024 | 2 Years 3 Months |
Signatories of FIRSTSOURCE SOLUTIONS LIMITED
Name | Designation(s) | Status | Appointment Date | Duration |
|---|---|---|---|---|
Director | Current | Aug 06, 2013 | 13 Years 1 Month | |
Director | Current | Aug 06, 2013 | 13 Years 1 Month | |
Director | Current | Aug 06, 2013 | 13 Years 1 Month | |
Director | Current | Aug 03, 2015 | 11 Years 1 Month | |
CFO | Current | Oct 29, 2015 | 10 Years 10 Months | |
Company Secretary | Current | Jan 31, 2017 | 9 Years 7 Months | |
Director | Current | Aug 02, 2019 | 7 Years 1 Month | |
Director | Current | Aug 03, 2022 | 4 Years 1 Month | |
Director | Current | Nov 02, 2022 | 3 Years 10 Months | |
Director | Current | Oct 27, 2023 | 2 Years 10 Months | |
Director | Current | Oct 27, 2023 | 2 Years 10 Months | |
Managing Director | Current | Oct 27, 2023 | 2 Years 10 Months | |
Director | Current | May 31, 2024 | 2 Years 3 Months |
Cross Directorships of FIRSTSOURCE SOLUTIONS LIMITED
Legal Entity Name | % of Common Directors | Common Director(s) | Open Charge(s) | Active Legal Case(s) |
|---|---|---|---|---|
CESC LTD CIN: L31901WB1978PLC031411, India, Active | 136 | 564 | 534 | 206 |
PCBL CHEMICAL LIMITED CIN: L23109WB1960PLC024602, India, Active | 334 | 780 | 584 | 404 |
Spencer's Retail Limited CIN: L74999WB2017PLC219355, India, Active | 563 | 763 | 276 | 140 |
RPSG VENTURES LIMITED CIN: L74999WB2017PLC219318, India, Active | 321 | 215 | 430 | 359 |
DHARIWAL INFRASTRUCTURE LIMITED CIN: U70109WB2006PLC111457, India, Active | 848 | 681 | 597 | 895 |
SPENCER INTERNATIONAL HOTELS LIMITED CIN: U55101TN1977PLC007261, India, Active | 234 | 781 | 787 | 871 |
HALDIA ENERGY LIMITED CIN: U74210WB1994PLC066154, India, Active | 623 | 626 | 180 | 626 |
ATK MOHUN BAGAN PRIVATE LIMITED CIN: U92419WB2020PTC237527, India, Active | 825 | 514 | 329 | 890 |
JAY SHREE TEA AND INDUSTRIES LIMITED CIN: L15491WB1945PLC012771, India, Active | 656 | 137 | 669 | 659 |
SAMVARDHANA MOTHERSON INTERNATIONAL LIMITED CIN: L35106MH1986PLC284510, India, Active | 575 | 400 | 120 | 880 |
MANAPPURAM FINANCE LIMITED CIN: L65910KL1992PLC006623, India, Active | 238 | 566 | 826 | 554 |
KIRLOSKAR BROTHERS LIMITED CIN: L29113PN1920PLC000670, India, Active | 469 | 219 | 426 | 718 |
FSP DESIGN PRIVATE LIMITED CIN: U18209MH2019PTC323066, India, Active | 220 | 220 | 757 | 655 |
EVEREADY INDUSTRIES INDIA LTD CIN: L31402WB1934PLC007993, India, Active | 163 | 800 | 555 | 918 |
DALMIA BHARAT LIMITED CIN: L40109TN2006PLC058818, India, Amalgamated | 942 | 429 | 541 | 831 |
LIC HOUSING FINANCE LTD CIN: L65922MH1989PLC052257, India, Active | 635 | 914 | 241 | 819 |
WOODLANDS MULTISPECIALITY HOSPITAL LIMITED CIN: U85110WB2009PLC140464, India, Active | 676 | 798 | 116 | 873 |
TEXMACO RAIL & ENGINEERING LIMITED CIN: L29261WB1998PLC087404, India, Active | 772 | 861 | 309 | 329 |
Xpro India Limited CIN: L25209WB1997PLC085972, India, Active | 568 | 329 | 145 | 703 |
NEXOME CAPITAL MARKETS LIMITED CIN: L74300WB1983PLC036342, India, Active | 665 | 732 | 818 | 202 |
Legal Cases involving FIRSTSOURCE SOLUTIONS LIMITED
Employee Count of FIRSTSOURCE SOLUTIONS LIMITED
Date | Employee Count |
|---|---|
Feb 24 | 27940 |
Jan 24 | 396 |
Dec 23 | 428 |
Nov 23 | 420 |
Oct 23 | 887 |
Sep 23 | 764 |
Aug 23 | 274 |
Trademarks of FIRSTSOURCE SOLUTIONS LIMITED
Patents of FIRSTSOURCE SOLUTIONS LIMITED
Competitors & Alternates of FIRSTSOURCE SOLUTIONS LIMITED
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | IBM 1911, Armonk (United States), Public | Provider of hybrid cloud, artificial intelligence, and IT consulting services | - | 81/100 | |
2nd | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 78/100 | |
3rd | Consulting and implementations company | $23.9M | 78/100 | ||
4th | UST 1999, Aliso Viejo (United States), Late Stage | Provider of data analytics, cloud modernization, management strategy, and digital transformation services | $250M | 76/100 | |
5th | Provider of consulting, data analytics, and IT services | - | 75/100 | ||
6th | Deloitte 1845, London (United Kingdom), Series B | Provider of audit, consulting, financial advisory, risk management, and tax services | $21.4M | 75/100 | |
7th | Provider of IT consulting, technology, and outsourcing services | - | 75/100 | ||
8th | EPAM 1993, Newtown (United States), Public | Provider of software development, data analytics, and other IT suite services | $50M | 74/100 | |
9th | Virtusa 1996, Westborough (United States), Acquired | IT services company | $45.2M | 73/100 | |
10th | Datamatics 1975, Mumbai (India), Public | Provider of digital technologies, business process management, analytics, and automation services | $3M | 73/100 | |
170th | Firstsource 2001, Mumbai (India), Public | Provider of business process management, data analytics, and IT support services | - | 57/100 |