Firstsource Solutions Profile
Key Indicators
- Authorised Capital ₹ 872.00 Cr
- Paid Up Capital ₹ 696.99 Cr
- Company Age 23 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 1,960.10 Cr
- Revenue Growth -13.15%
- Profit Growth -35.93%
- Ebitda -28.21%
- Net Worth -0.67%
- Total Assets -4.69%
About Firstsource Solutions
Firstsource Solutions Limited (FSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 December 2001 and has a history of 23 years and one month. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532809 and on the National Stock Exchange(NSE) under FSL.
The Corporate was formerly known as Icici Infotech Upstream Limited. The Company is engaged in the Business Outsourcing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 872.00 Cr and a paid-up capital of Rs 696.99 Cr.
The company has closed loans amounting to ₹1,960.10 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Firstsource Solutions Limited India are Dinesh Jain as CFO and Pooja Nambiar as Company Secretary. Pradip Khaitan, Utsav Parekh, Sanjiv Goenka, and Eight other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Firstsource Solutions Limited offer?
Firstsource Solutions Limited offers a wide range of products and services, including Business Consultant, Business Intelligence Services.
Who are the key members and board of directors at Firstsource Solutions?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dinesh Jain  | CFO | 29-Oct-2015 | Current |
Ritesh Idnani  | Managing Director | Current | |
| Pooja Nambiar | Company Secretary | 31-Jan-2017 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vanita Uppal | Director | 05-May-2022 | Current |
| Tharavanat Suseelkumar | Director | 01-Sep-2023 | Current |
| Shashwat Goenka | Director | 05-Dec-2012 | Current |
| Rekha Sethi | Director | 01-Sep-2023 | Current |
| Anjani Agrawal | Director | 11-May-2021 | Current |
| Pradip Khaitan | Director | 14-Nov-2014 | Current |
Financial Performance of Firstsource Solutions.
Firstsource Solutions Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.15% decrease. The company also saw a substantial fall in profitability, with a 35.93% decrease in profit. The company's net worth dipped by a decrease of 0.67%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Firstsource Solutions?
In 2021, Firstsource Solutions had a promoter holding of 53.72% and a public holding of 46.28%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vodafone Idea LimitedAnjani Agrawal is a mutual person
Threesixty Garments Private LimitedVanita Uppal is a mutual person
Nexome Real Estates Private LimitedUtsav Parekh is a mutual person
Jay Shree Tea And Industries LimitedUtsav Parekh is a mutual person
Indian Chamber Of Commerce CalcuttaUtsav Parekh is a mutual person
Haldia Energy LimitedSanjiv Goenka and Shashwat Goenka are mutual person
Charges (Loans)
₹0
₹1,960.10 Cr
Charges Breakdown by Lending Institutions
- Il & Fs Trust Company Limited : 1734.00 Cr
- Others : 150.00 Cr
- Icici Bank Ltd. : 69.00 Cr
- 3I Infotech Trusteeship Services Limited : 6.00 Cr
- Abn Amro Bank N.A : 1.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Aug 2015 | Others | ₹150.00 Cr | Satisfied |
| 22 Jul 2011 | Il & Fs Trust Company Limited | ₹1,734.00 Cr | Satisfied |
| 08 Jan 2009 | 3I Infotech Trusteeship Services Limited | ₹6.00 Cr | Satisfied |
| 22 Sep 2004 | Abn Amro Bank N.A | ₹1.10 Cr | Satisfied |
| 08 Jun 2004 | Icici Bank Ltd. | ₹69.00 Cr | Satisfied |
How Many Employees Work at Firstsource Solutions?
Firstsource Solutions has a workforce of 14601 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Firstsource Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Firstsource Solutions's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
