Valuation Firstsource Solutions Limited

Stocks

Market Closed - NSE India S.E. Other stock markets 07:05:07 2026-07-16 EDT			5-day change	1st Jan Change
265.44 ^INR	+1.37%		+11.91%	-20.95%

07-01	Nomura Adjusts Firstsource Solutions' Price Target to INR300 From INR330, Keeps at Buy	MT
06-01	Firstsource Solutions Limited and AppliedAI Report Real-World Results from Strategic Partnership	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Market Cap ¹	85,320	72,085	135,927	235,099	141,499	183,428	-	-
Change	-	-15.51%	88.56%	72.96%	-39.81%	29.63%	-	-
Enterprise Value (EV) ¹	92,689	77,600	141,865	252,791	157,679	195,102	188,360	182,306
Change	-	-16.28%	82.82%	78.19%	-37.62%	23.73%	-3.46%	-3.21%
P/E	16.4x	14.4x	26.9x	40.4x	21.4x	19.2x	16.5x	14.1x
PBR	2.91x	2.18x	3.72x	5.79x	3.25x	3.9x	3.47x	2.98x
PEG	-	-3.66x	98.45x	2.7x	1.6x	0.4x	1x	0.8x
Capitalization / Revenue	1.45x	1.2x	2.15x	2.95x	1.48x	1.63x	1.48x	1.32x
EV / Revenue	1.58x	1.3x	2.24x	3.17x	1.65x	1.74x	1.52x	1.31x
EV / EBITDA	9.66x	10.3x	14.8x	20.8x	10.1x	10.3x	8.89x	7.54x
EV / EBIT	13x	15.8x	20.4x	28.7x	14.1x	14x	11.9x	9.93x
EV / FCF	15x	10.5x	25.3x	55x	15.5x	21.8x	16.6x	16.8x
FCF Yield	6.67%	9.55%	3.95%	1.82%	6.46%	4.59%	6.02%	5.96%
Dividend per Share ²	3.5	3.5	3.5	-	-	6.202	6.976	8.62
Rate of return	2.8%	3.32%	1.77%	-	-	2.34%	2.63%	3.25%
EPS ²	7.62	7.32	7.34	8.42	9.56	13.85	16.04	18.87
Distribution rate	45.9%	47.8%	47.7%	-	-	44.8%	43.5%	45.7%
Net sales ¹	58,657	59,859	63,325	79,803	95,564	112,200	124,306	139,081
EBITDA ¹	9,599	7,537	9,564	12,164	15,562	18,907	21,182	24,183
EBIT ¹	7,105	4,906	6,962	8,806	11,221	13,922	15,863	18,364
Net income ¹	5,374	5,137	5,147	5,945	6,744	9,763	11,299	13,388
Net Debt ¹	7,369	5,515	5,938	17,692	16,180	11,674	4,932	-1,122
Reference price ²	125.05	105.50	197.65	340.25	204.39	265.44	265.44	265.44
Nbr of stocks (in thousands)	682,288	683,270	687,714	690,960	692,297	691,035	-	-
Announcement Date	5/5/22	5/4/23	5/3/24	4/28/25	5/6/26	-	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
FIRSTSOURCE SOLUTIONS LIMITED	18.91x	1.72x	10.19x	2.37%	1.88B
CINTAS CORPORATION	39.35x	7.05x	25.44x	0.91%	76.96B
RB GLOBAL, INC.	39.3x	4.6x	15x	1.16%	20.74B
JACOBS SOLUTIONS INC.	29.82x	1.22x	12.44x	1.1%	15.31B
BUREAU VERITAS SA	19.11x	2.06x	10.17x	3.66%	13.86B
INTERTEK GROUP PLC	25.19x	2.83x	12.16x	2.97%	12.07B
ALS LIMITED	25.4x	3.49x	13.48x	2.3%	7.9B
ISS A/S	14.9x	0.65x	9.32x	1.41%	6.79B
DKSH HOLDING AG	18.66x	0.4x	9.22x	3.92%	5.4B
GENPACT LIMITED	8.48x	0.97x	5.14x	2.49%	5.1B
Average	23.91x	2.50x	12.26x	2.23%	16.6B
Weighted average by Cap.	32.23x	4.59x	18.15x	1.59%