Firstsource Solutions Share Price Target 2026, 2027, 2030, 2040, 2050
Firstsource Solutions is part of the RP-Sanjiv Goenka Group. It is a top global company that helps businesses with customer service, office work, and digital tasks using technology. The company works in areas like healthcare, banks, financial services, and communications, serving over 200 clients, including many big global companies. It provides BPM, knowledge process services, and digital solutions using AI and modern technology to get better results. It has offices in countries like the US, UK, Philippines, South Africa, Australia, Mexico, Romania, Trinidad, and Turkey.
What is Firstsource Solutions Ltd NSE: FSL?
Firstsource Solutions was started in 2001 in Mumbai, India and is owned by the RP-Sanjiv Goenka Group. It is an Indian company that helps other businesses with customer support, back-office work, billing, debt collection, and other important processes so the businesses can focus on their main work. The company uses technology, data, and automation to do these jobs faster and better. It works in areas like healthcare, banking, telecom, retail, and technology. It has offices in countries like the US, UK, Philippines, South Africa, Mexico, Australia, Romania, Trinidad and Tobago, and Turkey, and serves over 150 clients, including many big global companies.
It is an Indian company that helps other businesses manage important work using technology, skilled people, and data. It is part of the RP‑Sanjiv Goenka Group, a well-known business group in India. The company works with many industries, such as healthcare, banking, telecommunications, media, retail, and technology. It provides services like customer support, managing business processes, digital solutions, and IT operations. Its services help businesses work faster, reduce mistakes, and give better service to their customers, making it a trusted partner worldwide. In 2026, its share price target would be ₹480, as per stock market analysts.
According to stock market analysts, its share price would be between ₹165 to ₹480 in 2026.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 165 | 480 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 305 | 344 |
| February | 212 | 322 |
| March | 179 | 262 |
| April | 165 | 288 |
| May | 189 | 321 |
| June | 221 | 347 |
| July | 212 | 360 |
| August | 200 | 400 |
| September | 232 | 421 |
| October | 258 | 447 |
| November | 278 | 465 |
| December | 350 | 480 |
It offers many services to help businesses run smoothly. These include customer support, digital solutions, AI-based automation, collections, IT support, and consulting. The company uses technology, data analysis, and automation to do work faster and reduce errors. Many businesses choose Firstsource because it helps them save money while improving service quality. Instead of managing complicated operations themselves, companies rely on this company to handle these tasks efficiently. This allows them to focus on core work. In 2027, its share price target would be ₹708, as per stock market analysts.
According to stock market analysts, its share price would be between ₹469 to ₹708 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 469 | 708 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 469 | 550 |
| February | 480 | 567 |
| March | 475 | 588 |
| April | 490 | 600 |
| May | 498 | 611 |
| June | 505 | 628 |
| July | 511 | 641 |
| August | 525 | 659 |
| September | 545 | 674 |
| October | 578 | 682 |
| November | 590 | 688 |
| December | 600 | 708 |
It uses modern digital tools and automation to make processes faster and reduce mistakes. For example, it has helped telecom and financial companies save millions of rupees by improving operations and reducing call times. It ensures that tasks are done quickly and correctly. This helps clients give better service to their customers while lowering costs. Companies that work with it can achieve higher productivity, better results, and happier customers. This strengthens their business and helps them compete successfully in tough markets. In 2028, its share price target would be ₹890, as per stock market analysts.
According to stock market analysts, its share price would be between ₹680 to ₹890 in 2028.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 680 | 890 |
It works with many types of industries. In banking and finance, it manages customer accounts, support, and collections. In healthcare, it handles billing, insurance claims, and patient services. In telecom and media, it manages customer engagement and technical support. The company also serves the education, government, utilities, and technology sectors. It provides services that are made for each industry to handle complex processes efficiently. In 2029, its share price target would be ₹1060, as per stock market analysts.
According to stock market analysts, its share price would be between ₹868 to ₹1060 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 868 | 1060 |
It helps businesses adopt digital ways of working. Its “Digital First, Digital Now” approach uses technology, automation, and AI to make processes faster and more accurate. Digital solutions help companies reduce manual work, make fewer mistakes, and respond to customers more quickly. It helps clients modernise operations and stay competitive in a fast-changing world. Digital transformation also allows companies to analyse data, make better decisions, and find new ways to grow. In 2030, its share price target would be ₹1320, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1033 to ₹1320 in 2030.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 1033 | 1320 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1033 | 1150 |
| February | 1050 | 1174 |
| March | 1077 | 1190 |
| April | 1085 | 1200 |
| May | 1105 | 1225 |
| June | 1121 | 1237 |
| July | 1137 | 1245 |
| August | 1150 | 1266 |
| September | 1179 | 1275 |
| October | 1190 | 1286 |
| November | 1211 | 1300 |
| December | 1227 | 1320 |
AI is an important part of its services. AI helps automate repetitive tasks, improve customer service, and analyse data quickly. Tools like predictive analytics and natural language processing help companies understand customer needs, respond faster, and reduce mistakes. AI also improves efficiency in tasks like billing, collections, and technical support. It helps businesses handle large amounts of work accurately and quickly. In 2040, its share price target would be ₹2505, as per stock market analysts.
According to stock market analysts, its share price would be between ₹2261 to ₹2505 in 2040.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 2261 | 2505 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 2261 | 2332 |
| February | 2270 | 2357 |
| March | 2266 | 2384 |
| April | 2275 | 2400 |
| May | 2286 | 2413 |
| June | 2290 | 2419 |
| July | 2310 | 2433 |
| August | 2325 | 2457 |
| September | 2342 | 2478 |
| October | 2358 | 2483 |
| November | 2369 | 2490 |
| December | 2378 | 2505 |
This company has shown steady financial growth over the years. In recent years, the company earned revenues in the thousands of crores of Indian rupees, showing strong demand for its services. Its financial performance reflects its ability to manage costs, expand services, and maintain profitable operations. Growing revenue also shows that clients trust it and are satisfied with its services. The company invest in new technology, trains employees, and expands globally. In 2050, its share price target would be ₹3900, as per stock market analysts.
According to stock market analysts, its share price would be between ₹3628 to ₹3900 in 2050.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 3628 | 3900 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 3628 | 3720 |
| February | 3641 | 3743 |
| March | 3650 | 3768 |
| April | 3665 | 3778 |
| May | 3678 | 3800 |
| June | 3685 | 3808 |
| July | 3700 | 3818 |
| August | 3721 | 3825 |
| September | 3743 | 3836 |
| October | 3765 | 3845 |
| November | 3787 | 3888 |
| December | 3799 | 3900 |
Should I buy Firstsource Solutions stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 165 | 480 |
| 2027 | 469 | 708 |
| 2028 | 680 | 890 |
| 2029 | 868 | 1060 |
| 2030 | 1033 | 1320 |
| 2040 | 2261 | 2505 |
| 2050 | 3628 | 3900 |
It is growing with higher sales and profits than last year, showing that its business is getting stronger. The company is also getting new big clients and deals regularly, which means it is expanding and doing well. Because of this growth and new opportunities, Firstsource is expected to keep growing in the coming years, especially as it uses digital tools and AI to serve industries like healthcare and banking. If you want to invest for the long term and can handle some ups and downs in the stock price, it could be a good choice.
Firstsource Solutions earnings results
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
| Sales + | 4,099 | 5,078 | 5,921 | 6,022 | 6,336 | 7,980 | 9,134 |
| Expenses + | 3,445 | 4,239 | 4,939 | 5,165 | 5,329 | 6,743 | 7,676 |
| Operating Profit | 654 | 839 | 982 | 858 | 1,008 | 1,238 | 1,459 |
| OPM % | 16% | 17% | 17% | 14% | 16% | 16% | 16% |
| Other Income + | 9 | -114 | 1 | 131 | 37 | 14 | -87 |
| Interest | 83 | 87 | 86 | 110 | 155 | 184 | 172 |
| Depreciation | 185 | 206 | 249 | 263 | 260 | 327 | 409 |
| Profit before tax | 394 | 432 | 647 | 615 | 630 | 741 | 791 |
| Tax % | 14% | 16% | 17% | 16% | 18% | 20% | |
| Net Profit + | 340 | 362 | 537 | 514 | 515 | 594 | 630 |
| EPS in Rs | 4.90 | 5.20 | 7.69 | 7.33 | 7.31 | 8.41 | 8.90 |
| Dividend Payout % | 51% | 58% | 45% | 47% | 47% | 47% |
Key Metrics
| TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
| 23.22 | 3.57 | 1.91% | 23.20 | 6.14 | 3.16% |
Peers & Comparison
| Stock | PE Ratio | PB Ratio | Dividend Yield |
| Firstsource Solutions Ltd | 24.60 | 3.57 | 1.91% |
| eClerx Services Limited | 25.66 | 6.02 | 0.03% |
| Bls International Services Ltd | 19.93 | 5.02 | 0.41% |
| Spice Lounge Food Works Ltd | 353.86 | 18.42 | — |
Is Firstsource Solutions stock good to buy? (bull case & bear case)

Bull Case:
- In the recent financial year (FY 2025), the company earned revenue of around ₹7,980 crore, showing that its business is strong and growing.
- The company reported a net profit of around ₹594 crore, which means it is still making good money while expanding.
- It keeps getting big new clients and deals, which will help the company grow more in the future.
- The company works in many industries like healthcare, banking, telecom, media, and technology, so it does not rely on just one sector.
- Operating profit margins are around 11–12%, showing the company controls costs well while growing.
- Quarterly revenue in Q4 FY 2025 was about ₹2,168 crore, and in Q1 FY 2026 it was around ₹2,218 crore, which shows steady growth every quarter.
- Profit after tax in Q1 and Q2 FY 2026 was around ₹169–180 crore, showing that earnings are stable and improving each quarter.
Bear Case:
- Growth is slow compared to high expectations, so the stock may not rise as fast as expected.
- Being in a capital-heavy business, the company might need more funding or take on debt to grow.
- Profit margins are moderate, so if costs increase, profits could drop.
Conclusion
It is a growing company that helps other businesses with customer service, office work, and digital solutions using technology and AI. It works in many areas like healthcare, banking, telecom, media, and technology, serving clients around the world. The company is growing steadily and runs its operations well. It is expected to keep growing, which makes it a good choice for long-term investors who can handle some ups and downs.

