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Recent events
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News
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Corporate Actions
Firstsource Solutions And Guidehealth Partner For AI-Enabled Care Innovation
Aug 13 (Reuters) - Firstsource Solutions Ltd FISO.NS:
FIRSTSOURCE SOLUTIONS LTD - CO AND GUIDEHEALTH PARTNER FOR AI-ENABLED CARE INNOVATION
Source text: ID:nBSE91FrVM
Further company coverage: FISO.NS
(([email protected];))
Aug 13 (Reuters) - Firstsource Solutions Ltd FISO.NS:
FIRSTSOURCE SOLUTIONS LTD - CO AND GUIDEHEALTH PARTNER FOR AI-ENABLED CARE INNOVATION
Source text: ID:nBSE91FrVM
Further company coverage: FISO.NS
(([email protected];))
Builders FirstSource cuts 2025 revenue outlook as tariffs soften housing demand
July 31 - Builders FirstSource BLDR.N cut its annual revenue forecast on Thursday due to reduced construction volumes in single- and multi-family homes.
High mortgage rates and tariff-related headwinds have led potential buyers to delay home purchases, dampening demand for new housing.
Shares of the Irving, Texas-based company that supplies building materials and products for home construction were down 7% in premarket trading.
New home sales in June fell 6.6%, while inventory reached its highest level since October 2007, according to U.S. government data.
Net sales in the multi-family segment fell 23.3% year-over-year, marking a sharp downturn, while the single-family segment also faced pressure, slipping 9.1% from a year ago.
It forecast 2025 net sales between $14.8 billion and $15.6 billion, compared with a previous forecast of $16.05 billion to $17.05 billion.
The company's second-quarter adjusted profit came in at $2.38 per share, compared to $3.50 per share from a year earlier. Analysts on average had expected $2.28 per share, according to data compiled by LSEG.
Its quarterly net sales fell 5% to $4.23 billion, compared to an estimate of $4.28 billion.
(Reporting by Apratim Sarkar; Editing by Pooja Desai)
(([email protected];))
July 31 - Builders FirstSource BLDR.N cut its annual revenue forecast on Thursday due to reduced construction volumes in single- and multi-family homes.
High mortgage rates and tariff-related headwinds have led potential buyers to delay home purchases, dampening demand for new housing.
Shares of the Irving, Texas-based company that supplies building materials and products for home construction were down 7% in premarket trading.
New home sales in June fell 6.6%, while inventory reached its highest level since October 2007, according to U.S. government data.
Net sales in the multi-family segment fell 23.3% year-over-year, marking a sharp downturn, while the single-family segment also faced pressure, slipping 9.1% from a year ago.
It forecast 2025 net sales between $14.8 billion and $15.6 billion, compared with a previous forecast of $16.05 billion to $17.05 billion.
The company's second-quarter adjusted profit came in at $2.38 per share, compared to $3.50 per share from a year earlier. Analysts on average had expected $2.28 per share, according to data compiled by LSEG.
Its quarterly net sales fell 5% to $4.23 billion, compared to an estimate of $4.28 billion.
(Reporting by Apratim Sarkar; Editing by Pooja Desai)
(([email protected];))
Firstsource Solutions Revises FY25 Constant Currency Revenue Growth Guidance To 21.8-22.3% From 19.5-20.5%
March 10 (Reuters) - Firstsource Solutions Ltd FISO.NS:
FIRSTSOURCE SOLUTIONS - REVISES FY25 CONSTANT CURRENCY REVENUE GROWTH GUIDANCE TO 21.8-22.3% FROM 19.5-20.5%
Source text: ID:nNSE2LxvXH
Further company coverage: FISO.NS
(([email protected];))
March 10 (Reuters) - Firstsource Solutions Ltd FISO.NS:
FIRSTSOURCE SOLUTIONS - REVISES FY25 CONSTANT CURRENCY REVENUE GROWTH GUIDANCE TO 21.8-22.3% FROM 19.5-20.5%
Source text: ID:nNSE2LxvXH
Further company coverage: FISO.NS
(([email protected];))
Firstsource Solutions Launches Agentic AI Studio
March 6 (Reuters) - Firstsource Solutions Ltd FISO.NS:
LAUNCHES AGENTIC AI STUDIO
Source text: ID:nBSE4zs3d8
Further company coverage: FISO.NS
(([email protected];;))
March 6 (Reuters) - Firstsource Solutions Ltd FISO.NS:
LAUNCHES AGENTIC AI STUDIO
Source text: ID:nBSE4zs3d8
Further company coverage: FISO.NS
(([email protected];;))
Firstsource Solutions Opens Australia And New Zealand Headquarters And AI Innovation Lab In Melbourne
March 4 (Reuters) - Firstsource Solutions Ltd FISO.NS:
OPENS AUSTRALIA AND NEW ZEALAND HEADQUARTERS AND AI INNOVATION LAB IN MELBOURNE
Source text: ID:nBSE5X8pQq
Further company coverage: FISO.NS
(([email protected];;))
March 4 (Reuters) - Firstsource Solutions Ltd FISO.NS:
OPENS AUSTRALIA AND NEW ZEALAND HEADQUARTERS AND AI INNOVATION LAB IN MELBOURNE
Source text: ID:nBSE5X8pQq
Further company coverage: FISO.NS
(([email protected];;))
Firstsource Solutions Dec-Quarter Consol Net Profit 1.6 Bln Rupees
Feb 7 (Reuters) - Firstsource Solutions Ltd FISO.NS:
DEC-QUARTER CONSOL NET PROFIT 1.6 BILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 20.88 BILLION RUPEES
DIVIDEND AT 4 RUPEESPER SHARE
TO ACQUIRE 100% OWNERSHIP IN ACCUNAI FOR UP TO 81 MLN RUPEES
Source text: ID:nBSEbGvgJv
Further company coverage: FISO.NS
(([email protected];;))
Feb 7 (Reuters) - Firstsource Solutions Ltd FISO.NS:
DEC-QUARTER CONSOL NET PROFIT 1.6 BILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 20.88 BILLION RUPEES
DIVIDEND AT 4 RUPEESPER SHARE
TO ACQUIRE 100% OWNERSHIP IN ACCUNAI FOR UP TO 81 MLN RUPEES
Source text: ID:nBSEbGvgJv
Further company coverage: FISO.NS
(([email protected];;))
Firstsource Solutions Sept-Quarter Consol Net Profit 1.38 Bln Rupees
Oct 28 (Reuters) - Firstsource Solutions Ltd FISO.NS:
SEPT-QUARTER CONSOL NET PROFIT 1.38 BILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 19.33 BILLION RUPEES
Source text: ID:nBSEmxt3F
Further company coverage: FISO.NS
(([email protected];;))
Oct 28 (Reuters) - Firstsource Solutions Ltd FISO.NS:
SEPT-QUARTER CONSOL NET PROFIT 1.38 BILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 19.33 BILLION RUPEES
Source text: ID:nBSEmxt3F
Further company coverage: FISO.NS
(([email protected];;))
India's Firstsource Solutions rises after unit acquires Ascensos
** Shares of business support services provider Firstsource Solutions FISO.NS rise 6.2% to 334 rupees
** Stock rises after unit acquires Ascensos, a UK-headquartered customer experience outsourcing partner, for a deal at 42 mln pounds ($56.07 mln)
** Firstsource stock on track for fourth straight session of gains, if trend holds
** Avg rating of 10 analysts covering Firstsource's stock at "buy" while rival CMS Info Systems CMSN.NS also rated "buy"
** Median PT for FISO at 315 rupees - LSEG data
** Stock up ~80% so far this year vs a ~50% jump in CMSN
($1 = 0.7491 pounds)
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of business support services provider Firstsource Solutions FISO.NS rise 6.2% to 334 rupees
** Stock rises after unit acquires Ascensos, a UK-headquartered customer experience outsourcing partner, for a deal at 42 mln pounds ($56.07 mln)
** Firstsource stock on track for fourth straight session of gains, if trend holds
** Avg rating of 10 analysts covering Firstsource's stock at "buy" while rival CMS Info Systems CMSN.NS also rated "buy"
** Median PT for FISO at 315 rupees - LSEG data
** Stock up ~80% so far this year vs a ~50% jump in CMSN
($1 = 0.7491 pounds)
(Reporting by Dimpal Gulwani in Bengaluru)
Firstsource Solutions Says UK Unit Executed Share Purchase Agreement With Shareholders Of Ascensos
Sept 23 (Reuters) - Firstsource Solutions Ltd FISO.NS:
UK UNIT EXECUTED SHARE PURCHASE AGREEMENT WITH SHAREHOLDERS OF ASCENSOS
DEAL FOR CONSIDERATION OF GBP 42 MILLION
AGREEMENT FOR ACQUISITION OF 100% OWNERSHIP IN ASCENSOS FOR GBP 42 MILLION
Source text for Eikon: ID:nBSE5MRRm8
Further company coverage: FISO.NS
(([email protected];;))
Sept 23 (Reuters) - Firstsource Solutions Ltd FISO.NS:
UK UNIT EXECUTED SHARE PURCHASE AGREEMENT WITH SHAREHOLDERS OF ASCENSOS
DEAL FOR CONSIDERATION OF GBP 42 MILLION
AGREEMENT FOR ACQUISITION OF 100% OWNERSHIP IN ASCENSOS FOR GBP 42 MILLION
Source text for Eikon: ID:nBSE5MRRm8
Further company coverage: FISO.NS
(([email protected];;))
Firstsource Solutions Sets Up Its Operations In Australia, New Zealand
Sept 19 (Reuters) - Firstsource Solutions Ltd FISO.NS:
SETS UP ITS OPERATIONS IN AUSTRALIA, NEW ZEALAND
Source text for Eikon: ID:nBSE8lkyMr
Further company coverage: FISO.NS
(([email protected];;))
Sept 19 (Reuters) - Firstsource Solutions Ltd FISO.NS:
SETS UP ITS OPERATIONS IN AUSTRALIA, NEW ZEALAND
Source text for Eikon: ID:nBSE8lkyMr
Further company coverage: FISO.NS
(([email protected];;))
India's Firstsource Solutions rises after collaboration with Microsoft
** Shares of Firstsource Solutions FISO.NS rise as much as 3.3%, last up 2% to 313.95 rupees
** The business management platform firm announced it will use Microsoft's MSFT.O Azure OpenAI service across its offerings
** Stock on track to snap a four-day losing streak, if trend holds
** FISO and rival CMS Info Systems CMSN.NS both rated "buy" on avg - LSEG data
** FISO stock up ~70% YTD vs ~47% climb in CMSN
(Reporting by Varun Vyas in Bengaluru)
** Shares of Firstsource Solutions FISO.NS rise as much as 3.3%, last up 2% to 313.95 rupees
** The business management platform firm announced it will use Microsoft's MSFT.O Azure OpenAI service across its offerings
** Stock on track to snap a four-day losing streak, if trend holds
** FISO and rival CMS Info Systems CMSN.NS both rated "buy" on avg - LSEG data
** FISO stock up ~70% YTD vs ~47% climb in CMSN
(Reporting by Varun Vyas in Bengaluru)
Firstsource Solutions Collaborates With Microsoft Azure OpenAI
Sept 16 (Reuters) - Firstsource Solutions Ltd FISO.NS:
FIRSTSOURCE SOLUTIONS LTD - COLLABORATES WITH MICROSOFT AZURE OPENAI
Source text for Eikon: ID:nBSE74jZpR
Further company coverage: FISO.NS
(([email protected];))
Sept 16 (Reuters) - Firstsource Solutions Ltd FISO.NS:
FIRSTSOURCE SOLUTIONS LTD - COLLABORATES WITH MICROSOFT AZURE OPENAI
Source text for Eikon: ID:nBSE74jZpR
Further company coverage: FISO.NS
(([email protected];))
India's Firstsource Solutions continues record-high rally on Q1 profit rise
** Shares of Firstsource Solutions FISO.NS rise around 4% to a record high of 278.94 rupees
** Business management services provider said its Q1 profit rose about 7% y/y, rev up 17%
** FISO posts first profit rise in four quarters
** Stock set to gain for third straight session, it has risen about 11% in the period
** FISO's trading vols at 2x their 30-day avg
** Stock up nearly 50% YTD after gaining 80% in 2023
(Reporitng by Nishit Navin)
(([email protected];))
** Shares of Firstsource Solutions FISO.NS rise around 4% to a record high of 278.94 rupees
** Business management services provider said its Q1 profit rose about 7% y/y, rev up 17%
** FISO posts first profit rise in four quarters
** Stock set to gain for third straight session, it has risen about 11% in the period
** FISO's trading vols at 2x their 30-day avg
** Stock up nearly 50% YTD after gaining 80% in 2023
(Reporitng by Nishit Navin)
(([email protected];))
Firstsource Solutions Acquires Quintessence
May 3 (Reuters) - Firstsource Solutions Ltd FISO.NS:
ACQUIRES QUINTESSENCE
Source text for Eikon: ID:nBSE4kTHDC
Further company coverage: FISO.NS
(([email protected];))
May 3 (Reuters) - Firstsource Solutions Ltd FISO.NS:
ACQUIRES QUINTESSENCE
Source text for Eikon: ID:nBSE4kTHDC
Further company coverage: FISO.NS
(([email protected];))
India's Firstsource Solutions falls on Q3 profit drop
** Shares of Firstsource Solutions FISO.NS fall 5.5% to 198.40 rupees
** Business process management services provider posts 18% drop in Dec-qtr consol net profit
** Stock set to snap two-session gaining streak
** Avg rating of eight analysts on FISO at "strong buy"; median PT is 189 rupees - LSEG data
** Stock rose ~81% in 2023 after falling 44% in 2022
(Reporting by Kashish Tandon in Bengaluru)
** Shares of Firstsource Solutions FISO.NS fall 5.5% to 198.40 rupees
** Business process management services provider posts 18% drop in Dec-qtr consol net profit
** Stock set to snap two-session gaining streak
** Avg rating of eight analysts on FISO at "strong buy"; median PT is 189 rupees - LSEG data
** Stock rose ~81% in 2023 after falling 44% in 2022
(Reporting by Kashish Tandon in Bengaluru)
India's Firstsource Solutions Ltd Sept-Quarter Consol Net Profit Falls
Nov 8 (Reuters) - Firstsource Solutions Ltd FISO.NS:
INDIA'S FIRSTSOURCE SOLUTIONS LTD SEPT-QUARTER CONSOL NET PROFIT 1.27 BILLION RUPEES VERSUS PROFIT 1.29 BILLION RUPEES
FIRSTSOURCE SOLUTIONS LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 15.42 BILLION RUPEES VERSUS 14.74 BILLION RUPEES
Source text for Eikon: ID:nBSE7wwc75
Further company coverage: FISO.NS
(([email protected];))
Nov 8 (Reuters) - Firstsource Solutions Ltd FISO.NS:
INDIA'S FIRSTSOURCE SOLUTIONS LTD SEPT-QUARTER CONSOL NET PROFIT 1.27 BILLION RUPEES VERSUS PROFIT 1.29 BILLION RUPEES
FIRSTSOURCE SOLUTIONS LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 15.42 BILLION RUPEES VERSUS 14.74 BILLION RUPEES
Source text for Eikon: ID:nBSE7wwc75
Further company coverage: FISO.NS
(([email protected];))
Firstsource Solutions Appoints Ritesh Mohan Idnani As MD And CEO
Sept 1 (Reuters) - Firstsource Solutions Ltd FISO.NS:
APPOINTS RITESH MOHAN IDNANI AS MD AND CEO
Source text for Eikon: ID:nBSE72XDMh
Further company coverage: FISO.NS
(([email protected];))
Sept 1 (Reuters) - Firstsource Solutions Ltd FISO.NS:
APPOINTS RITESH MOHAN IDNANI AS MD AND CEO
Source text for Eikon: ID:nBSE72XDMh
Further company coverage: FISO.NS
(([email protected];))
India's Firstsource Solutions Ltd June-Quarter Consol Net Profit Rises
Aug 2 (Reuters) - Firstsource Solutions Ltd FISO.NS:
INDIA'S FIRSTSOURCE SOLUTIONS LTD JUNE-QUARTER CONSOL NET PROFIT 1.26 BILLION RUPEES VERSUS PROFIT 850.9 MILLION RUPEES
FIRSTSOURCE SOLUTIONS LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 15.27 BILLION RUPEES VERSUS 14.52 BILLION RUPEES
Source text for Eikon: ID:nBSE1D13tn
Further company coverage: FISO.NS
(([email protected];))
Aug 2 (Reuters) - Firstsource Solutions Ltd FISO.NS:
INDIA'S FIRSTSOURCE SOLUTIONS LTD JUNE-QUARTER CONSOL NET PROFIT 1.26 BILLION RUPEES VERSUS PROFIT 850.9 MILLION RUPEES
FIRSTSOURCE SOLUTIONS LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 15.27 BILLION RUPEES VERSUS 14.52 BILLION RUPEES
Source text for Eikon: ID:nBSE1D13tn
Further company coverage: FISO.NS
(([email protected];))
India's Tips Industries surges 11% on music publishing deal with Sony Music
** Shares of Tips Industries Ltd TIPS.NS rise as much as 11.44%, most intraday gains in over four months, to 169.95 rupees
** Rise after the media and entertainment company signs a global music publishing agreement with Sony Music Publishing nFWN3720C8
** The agreement pertains to promoting Tips Music's portfolio of songs to international markets
** Partnership to boost publishing revenues for the company: TIPS
** Trading volume is 297,886 shares as of 11:52 a.m. IST, thrice the 30-day avg - Refinitiv data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
** Shares of Tips Industries Ltd TIPS.NS rise as much as 11.44%, most intraday gains in over four months, to 169.95 rupees
** Rise after the media and entertainment company signs a global music publishing agreement with Sony Music Publishing nFWN3720C8
** The agreement pertains to promoting Tips Music's portfolio of songs to international markets
** Partnership to boost publishing revenues for the company: TIPS
** Trading volume is 297,886 shares as of 11:52 a.m. IST, thrice the 30-day avg - Refinitiv data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
BRIEF - India's Firstsource Solutions March-Qtr Consol Net Profit Rises
May 4 (Reuters) - Firstsource Solutions Ltd FISO.NS:
INDIA'S FIRSTSOURCE SOLUTIONS MARCH-QUARTER CONSOL NET PROFIT 1.41 BILLION RUPEES VERSUS PROFIT 1.32 BILLION RUPEES
FIRSTSOURCE SOLUTIONS MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 15.57 BILLION RUPEES VERSUS 15.24 BILLION RUPEES
Source text for Eikon: ID:nBSE1QsDjn
Further company coverage: FISO.NS
(([email protected];))
May 4 (Reuters) - Firstsource Solutions Ltd FISO.NS:
INDIA'S FIRSTSOURCE SOLUTIONS MARCH-QUARTER CONSOL NET PROFIT 1.41 BILLION RUPEES VERSUS PROFIT 1.32 BILLION RUPEES
FIRSTSOURCE SOLUTIONS MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 15.57 BILLION RUPEES VERSUS 15.24 BILLION RUPEES
Source text for Eikon: ID:nBSE1QsDjn
Further company coverage: FISO.NS
(([email protected];))
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What does Firstsource Solution do?
Firstsource Solutions Limited, a key player in the BPM industry, offers tailored services in Banking, Finance, Healthcare, Communications, and other sectors. It specializes in customer management services and revenue cycle management in healthcare.
Who are the competitors of Firstsource Solution?
Firstsource Solution major competitors are RPSG Ventures, Hinduja Global Soln., Kandarp Digi Smart, Riddhi Corp. Service, HandsOn Global Manag, Aurionpro Solutions, Magellanic Cloud. Market Cap of Firstsource Solution is ₹25,380 Crs. While the median market cap of its peers are ₹2,498 Crs.
Is Firstsource Solution financially stable compared to its competitors?
Firstsource Solution seems to be less financially stable compared to its competitors. Altman Z score of Firstsource Solution is 6.28 and is ranked 4 out of its 8 competitors.
Does Firstsource Solution pay decent dividends?
The company seems to pay a good stable dividend. Firstsource Solution latest dividend payout ratio is 46.9% and 3yr average dividend payout ratio is 47.26%
How has Firstsource Solution allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery
How strong is Firstsource Solution balance sheet?
Balance sheet of Firstsource Solution is strong. But short term working capital might become an issue for this company.
Is the profitablity of Firstsource Solution improving?
Yes, profit is increasing. The profit of Firstsource Solution is ₹629 Crs for TTM, ₹594 Crs for Mar 2025 and ₹515 Crs for Mar 2024.
Is the debt of Firstsource Solution increasing or decreasing?
Yes, The debt of Firstsource Solution is increasing. Latest debt of Firstsource Solution is ₹1,199 Crs as of Mar-25. This is greater than Mar-24 when it was ₹474 Crs.
Is Firstsource Solution stock expensive?
Yes, Firstsource Solution is expensive. Latest PE of Firstsource Solution is 40.39, while 3 year average PE is 27.38. Also latest EV/EBITDA of Firstsource Solution is 20.82 while 3yr average is 15.15.
Has the share price of Firstsource Solution grown faster than its competition?
Firstsource Solution has given better returns compared to its competitors. Firstsource Solution has grown at ~55.29% over the last 2yrs while peers have grown at a median rate of 13.48%
Is the promoter bullish about Firstsource Solution?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Firstsource Solution is 53.66% and last quarter promoter holding is 53.66%.
Are mutual funds buying/selling Firstsource Solution?
The mutual fund holding of Firstsource Solution is decreasing. The current mutual fund holding in Firstsource Solution is 17.09% while previous quarter holding is 17.4%.