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Firstsource Solutions Limited Q1 FY27 earnings call summary
NSE: FSL · BSE: 532809
Earnings call of 6 Aug 2026, summarised by AI from the filing.
FY27 constant currency revenue growth of 10% to 13% and EBIT margin band of 12.25% to 12.75% reaffirmed.
Key takeaways
- Guidance FY27 constant currency revenue growth of 10% to 13% and EBIT margin band of 12.25% to 12.75% reaffirmed.
- Change Healthcare BPaaS engagement wound down after client leadership change; 1% to 1.5% of FY27 growth guidance absorbed.
- Risk Healthcare clients face regulatory uncertainty from HR1 and CMS rate adjustments, creating near-term friction.
Firstsource Solutions Limited Q1 FY27 results
As filed: Revenue ₹2,725 cr (+23% year on year), EBITDA ₹451 cr (+30% year on year), PAT ₹166 cr (+37% year on year), EBITDA margin 16.6% (+96 bps).
The Q1 FY27 score, against the company's own trend, is for premium members.
Earlier results and the share price after them
- Q4 FY26: Revenue ₹2,583 cr (+20% year on year), EBITDA ₹430 cr (+29% year on year), PAT ₹205 cr (+27% year on year), EBITDA margin 16.7% (+120 bps). Score 61 of 100, In line with trend. Revenue growth was in line with the company's own trend; EBITDA and profit growth were above it. EBITDA margin rose 120 bps year on year. Profit rose ₹44.3 cr on a year ago, more than the ₹27.0 cr it added the year before. Share price after the results: +22.6% in 30 days (Nifty 500: −1.5%).
- Q3 FY26: Revenue ₹2,443 cr (+16% year on year), EBITDA ₹403 cr (+27% year on year), PAT ₹120 cr (+31% year on year), EBITDA margin 16.5% (+140 bps). Score 62 of 100, In line with trend. Revenue growth was below the company's own trend; EBITDA growth was above it; profit before exceptional items growth was well above it. EBITDA margin rose 140 bps year on year. Profit before exceptional items rose ₹59.8 cr on a year ago, more than the ₹31.0 cr it added the year before. Share price after the results: −28.0% in 30 days (Nifty 500: −3.2%).
- Q2 FY26: Revenue ₹2,312 cr (+20% year on year), EBITDA ₹376 cr (+31% year on year), PAT ₹180 cr (+30% year on year), EBITDA margin 16.3% (+135 bps). Score 67 of 100, Above trend. Revenue growth was in line with the company's own trend; EBITDA growth was above it; profit growth was well above it. EBITDA margin rose 135 bps year on year. Revenue rose ₹387 cr on a year ago, more than the ₹385 cr it added the year before. Share price after the results: −0.6% in 30 days (Nifty 500: +0.3%).
- Q1 FY26: Revenue ₹2,218 cr (+24% year on year), EBITDA ₹346 cr (+28% year on year), PAT ₹169 cr (+25% year on year), EBITDA margin 15.6% (+52 bps). Score 78 of 100, Above trend. Revenue and EBITDA growth were above the company's own trend; profit growth was well above it. EBITDA margin rose 52 bps year on year. Revenue rose ₹427 cr on a year ago, more than the ₹262 cr it added the year before. Share price after the results: +6.4% in 30 days (Nifty 500: −2.4%).
- Q4 FY25: Revenue ₹2,161 cr (+29% year on year), EBITDA ₹334 cr (+34% year on year), PAT ₹161 cr (+20% year on year), EBITDA margin 15.5% (+49 bps). Score 74 of 100, Above trend. Revenue, EBITDA and profit growth were well above the company's own trend. EBITDA margin rose 49 bps year on year. Share price after the results: +9.0% in 30 days (Nifty 500: +3.1%).
- Q3 FY25: Revenue ₹2,102 cr (+32% year on year), EBITDA ₹317 cr (+34% year on year), PAT ₹160 cr (+24% year on year), EBITDA margin 15.1% (+24 bps). Score 84 of 100, Above trend. Revenue, EBITDA and profit growth were well above the company's own trend. EBITDA margin rose 24 bps year on year.
- Q2 FY25: Revenue ₹1,925 cr (+25% year on year), EBITDA ₹287 cr (+26% year on year), PAT ₹138 cr (+9% year on year), EBITDA margin 14.9% (+10 bps). Score 63 of 100, In line with trend. EBITDA margin rose 10 bps year on year. Not enough history for a trend yet: scored on growth alone.
Past price moves after results do not indicate future moves. Not a recommendation.
Firstsource Solutions Limited earnings call, investor presentation and press release summaries
- Q1 FY27: Earnings call (6 Aug 2026), Results deck (6 Aug 2026), Results deck (6 Aug 2026)
- Q4 FY26: Earnings call (6 May 2026), Results deck (6 May 2026), Results deck (6 May 2026)
- Q3 FY26: Earnings call (3 Feb 2026), Results deck (3 Feb 2026), Results deck (3 Feb 2026)
- Q2 FY26: Earnings call (4 Nov 2025), Results deck (4 Nov 2025), Results deck (4 Nov 2025)
- Q1 FY26: Earnings call (30 Jul 2025), Results deck (30 Jul 2025), Results deck (30 Jul 2025)
- Q4 FY25: Earnings call (28 Apr 2025), Results deck (28 Apr 2025), Results deck (28 Apr 2025)
- Other events: Strategy deck (29 Aug 2025)
Figures from the company's filings with NSE and BSE. Not investment advice.