Firstsource Solutions Limited

Global BPO company providing services in telecom, healthcare, and BFSI with a strong global presence.

2001 | Mumbai, Maharashtra (India) | Active
Last Updated:

Firstsource Solutions Profile

Key Indicators

  • Authorised Capital ₹ 872.00 Cr
  • Paid Up Capital ₹ 696.99 Cr
  • Company Age 23 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • 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 four months. 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 Onesource 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 2024. 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

  • CIN/LLPIN

    L64202MH2001PLC134147

  • Company No.

    134147

  • Stock Symbol

    BSE : 532809 NSE : FSL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Dec 2001

  • Date of AGM

    30 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Business Outsourcing

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.

Company report

Firstsource Solutions Limited

Explore comprehensive data for Firstsource Solutions Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Firstsource Solutions?

Executive Team (3)

NameDesignationAppointment DateStatus
Dinesh Jain Country flag representing In CFO29-Oct-2015Current
Ritesh Idnani Country flag representing Us Managing Director01-Sep-2023Current
Pooja Nambiar Company Secretary31-Jan-2017Current

Board Members (10)

NameDesignationAppointment DateStatus
Vanita Uppal Country flag representing In Director 05-May-2022Current
Tharavanat Suseelkumar Country flag representing In Director 01-Sep-2023Current
Shashwat Goenka Country flag representing In Director 05-Dec-2012Current
Rekha Sethi Country flag representing In Director 01-Sep-2023Current
Rajiv Kumar Country flag representing In Director 03-May-2024Current
Pradip Khaitan Country flag representing In Director 14-Nov-2014Current

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%.

Firstsource Solutions revenue growth over time
Firstsource Solutions profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-13.15%
Revenue from Operations
-13.59%
Total Assets
-4.69%
Profit or Loss
-35.93%
Net Worth
-0.67%
EBITDA
-28.21%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹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

DateLenderAmountStatus
18 Aug 2015Others₹150.00 CrSatisfied
22 Jul 2011Il & Fs Trust Company Limited₹1,734.00 CrSatisfied
08 Jan 20093I Infotech Trusteeship Services Limited₹6.00 CrSatisfied
22 Sep 2004Abn Amro Bank N.A₹1.10 CrSatisfied
08 Jun 2004Icici Bank Ltd.₹69.00 CrSatisfied

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.

Employee growth trends for Firstsource Solutions Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Firstsource Solutions

Recent activity within the organization

  • Annual General Meeting

    Firstsource Solutions Limited last Annual general meeting of members was held on 30 Jul 2024 as per latest MCA records.

  • Director Appointment

    Rajiv Kumar was appointed as a Director was appointed as a Director on 03 May 2024 & has been associated with this company since 11 months 3 days .

  • Balance Sheet

    Firstsource Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Ritesh Mohan Idnani was appointed as a Managing Director was appointed as a Managing Director on 01 Sep 2023 & has been associated with this company since 1 year 7 months .

  • Director Appointment

    Tharavanat Chandrasekharan Suseelkumar was appointed as a Director was appointed as a Director on 01 Sep 2023 & has been associated with this company since 1 year 7 months .

  • Director Appointment

    Rekha Sethi was appointed as a Director was appointed as a Director on 01 Sep 2023 & has been associated with this company since 1 year 7 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Firstsource Solutions Limited?

    Firstsource Solutions Limited was incorporated on 06 Dec 2001.

  • What is authorized share capital and paid-up capital of Firstsource Solutions Limited?

    The authorized share capital of Firstsource Solutions Limited is ₹ 872.00 Cr and paid-up capital is ₹ 696.99 Cr.

  • Who are the current board members & directors of Firstsource Solutions Limited?

    Currently 13 directors are associated with Firstsource Solutions Limited.

    • Pradip Kumar Khaitan
    • Utsav Parekh
    • Sanjiv Goenka
    • Sunil Mitra
    • Subrata Talukdar
    • Rajiv Kumar
    • Shashwat Goenka
    • Ritesh Mohan Idnani
    • Tharavanat Chandrasekharan Suseelkumar
    • Rekha Sethi
    • Vanita Uppal
    • Dinesh Jain
    • Pooja Suresh Nambiar
  • What is the registered address of Firstsource Solutions Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Firstsource Solutions Limited is 5Th Floor Paradigm 'B' Wing Mindspace Link Road, Malad (West) India, Mumbai, Maharashtra, 400064.

  • What is the corporate identification number (CIN) and company number of Firstsource Solutions Limited?

    The corporate identification number (CIN) of Firstsource Solutions Limited is L64202MH2001PLC134147 and the company number is 134147 as per Ministry of Corporate Affairs (MCA).

  • Is Firstsource Solutions Limited registered with any stock exchange in India?

    Yes, Firstsource Solutions Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): FSL.

  • What is the official website of Firstsource Solutions Limited?

    The Official website of Firstsource Solutions Limited is https://www.firstsource.com

  • What has been the recent revenue trend for Firstsource Solutions Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Firstsource Solutions Limited has fallen by -13.15%.

  • How many employees does Firstsource Solutions Limited currently have?

    As Per 2023 financial reports, 14601 employees are currently employed by Firstsource Solutions Limited.

  • What change has been observed in the net worth of Firstsource Solutions Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Firstsource Solutions Limited has experienced an downturn of -0.67%.

  • When was the last Balance Sheet of Firstsource Solutions Limited filed with the ROC?

    The most recent Balance Sheet for Firstsource Solutions Limited was filed with the ROC on 31 Mar 2024.

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