Stock · FSL · Services
FSL share price target 2026
Support, resistance, the F&O structure and the BazaarBaazi Crack Score for FIRSTSOURCE SOLUTIONS LIMITED, refreshed every end-of-day run. A systematic, data-only read on FIRSTSOURCE SOLUTIONS LIMITED: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.
The verdict
BazaarBaazi reads FSL as two-way with a Crack Score of 60/100 as of 21 Jul 2026.
BazaarBaaziSource & method
The scanner's readScanned · scanned 21 Jul 2026
Where FSL stands on the 500-name BazaarBaazi setup scanner: technicals, filed fundamentals and money flow read together, refreshed every run.
Scanned and scored this run, but the evidence is incomplete or conflicted. The engine fails closed to NO_TRADE.
Technical axis
80/100Fundamental axis
100/100Money flow
60/100Result pulse · Q4 FY26
97/100Technical evidence
relative strength rising vs NIFTY
RS slope +18.2% (3m)
outperforming and above 50DMA
Fundamental evidence
result score 97.0/100 (top tier)
strong filed quarter
profit up YoY
revenue up YoY
Valuation and context
P/E 27.3 vs sector median 27.3 (1.0x, 46th pctile)
Red flags
below 200DMA (not a long-side trend)
profit growth strong (+27.73% YoY)
strong filed result (score 97.0)
Relative valuation
P/E (TTM)
27.3P/E vs sector
+1.0%Sector percentile
46PEG
0.98Scanner levels from the deterministic engine run of 2026-07-21, not a SEBI-registered recommendation and not investment advice. The fundamental axis reads the official filing: Q4 FY26 result.
Price target: support and resistanceComputed 21 Jul 2026
Support and resistance for FSL are read inside the latest show; no spot was printed in the most recent editorial note.
Levels are read inside the latest show. The most recent editorial reference is Systematic Read on 21 Jul 2026.
These are structural reference lines, not a SEBI-registered price target. BazaarBaazi is independent media; the levels frame how the desk reads the FSL chart, refreshed every end-of-day run.
The Crack Score, and how it is built60 / 100 · Constructive
The Crack Score is a deterministic 0 to 100 conviction number. Here is exactly what moved it for FSL, so the figure is a transparent signal rather than a vibe.
Base 50, adjusted by the factors above and clamped to 0 to 100. How the Crack Score works.
The F&O viewHorizon · swing
How the futures and options structure on FSL reads right now.
The editorial price read on FSL is mixed. Strike-level option inventory is unavailable, so the page withholds writer, wall and pin claims. Single-stock F&O on FSL can be thinner than index F&O, so the desk weights price and filed evidence over raw OI. This is not a derivatives trade recommendation.
Why it movedLatest editorial line
The most recent BazaarBaazi read on what is driving FSL.
Systematic read: a disclosed, data-only model on real 1-year price structure.
Read in Systematic Read on 21 Jul 2026. Why FSL moved, the living explainer, tracks every move on one URL.
Latest filed resultsQ4 FY26
FIRSTSOURCE SOLUTIONS LIMITED's most recent quarter, parsed straight from the official NSE filing. Every figure links back to its primary source.
Result Pulse
97 / 100Revenue
Rs 2,583 crNet profit
Rs 205 crEPS (quarter)
Rs 2.97| Growth | YoY | QoQ |
|---|---|---|
| Revenue | +19.5% | +5.8% |
| Net profit | +27.7% | +70.6% |
| Net margin | +7.9% | |
Figures are the Q4 FY26 result for FIRSTSOURCE SOLUTIONS LIMITED, parsed straight from the official NSE integrated filing and verified to the paisa. The EPS shown is for the quarter, not a trailing-twelve-month figure, so it is not a P/E input.
Earnings history, every filed quarter32 quarters on record
FIRSTSOURCE SOLUTIONS LIMITED's official quarterly revenue, EPS and Result Pulse trail, every quarter the desk holds from the verified filings export, back to 30 Jun 2018. These are quarterly facts, not TTM valuation inputs.
FSL official result trail
32 quarters
Quarterly figures only: revenue, net profit and EPS are copied from official filings. EPS here is not trailing twelve month EPS and is not used for valuation.
| Quarter | Revenue | EPS | PAT YoY | Pulse | Source |
|---|---|---|---|---|---|
| Q4 FY26ended 31 Mar 2026 / Consolidated, audited | Rs 2,583 cr | Rs 2.97 | n/a | n/a | Filing |
| Q3 FY26ended 31 Dec 2025 / Consolidated, audited | Rs 2,443 cr | Rs 1.74 | n/a | 40/100 | Filing |
| Q2 FY26ended 30 Sep 2025 / Consolidated, audited | Rs 2,312 cr | Rs 2.60 | n/a | n/a | Filing |
| Q1 FY26ended 30 Jun 2025 / Consolidated, audited | Rs 2,218 cr | Rs 2.45 | n/a | 50/100 | Filing |
| Q4 FY25ended 31 Mar 2025 / Consolidated, audited | Rs 2,161 cr | Rs 2.33 | n/a | 50/100 | Filing |
| Q3 FY25ended 31 Dec 2024 / Consolidated, audited | Rs 2,102 cr | Rs 2.33 | n/a | n/a | Filing |
| Q2 FY25ended 30 Sep 2024 / Consolidated, audited | Rs 1,925 cr | Rs 2.01 | n/a | n/a | Filing |
| Q1 FY25ended 30 Jun 2024 / Consolidated, audited | Rs 1,791 cr | Rs 1.97 | n/a | n/a | Filing |
| Q4 FY24ended 31 Mar 2024 / Consolidated, audited | Rs 1,670 cr | Rs 1.94 | n/a | n/a | Filing |
| Q3 FY24ended 31 Dec 2023 / Consolidated, audited | Rs 1,597 cr | Rs 1.88 | n/a | n/a | Filing |
| Q2 FY24ended 30 Sep 2023 / Consolidated, audited | Rs 1,540 cr | Rs 1.85 | n/a | n/a | Filing |
| Q1 FY24ended 30 Jun 2023 / Consolidated, audited | Rs 1,529 cr | Rs 1.85 | n/a | n/a | Filing |
| Q4 FY23ended 31 Mar 2023 / Consolidated, audited | Rs 1,557 cr | Rs 2.07 | n/a | n/a | Filing |
| Q3 FY23ended 31 Dec 2022 / Consolidated, audited | Rs 1,505 cr | Rs 2.32 | n/a | n/a | Filing |
| Q2 FY23ended 30 Sep 2022 / Consolidated, audited | Rs 1,488 cr | Rs 1.90 | n/a | n/a | Filing |
| Q1 FY23ended 30 Jun 2022 / Consolidated, audited | Rs 1,472 cr | Rs 1.25 | n/a | n/a | Filing |
| Q4 FY22ended 31 Mar 2022 / Consolidated, audited | Rs 1,544 cr | Rs 1.95 | n/a | n/a | Filing |
| Q3 FY22ended 31 Dec 2021 / Consolidated, audited | Rs 1,464 cr | Rs 1.99 | n/a | n/a | Filing |
| Q2 FY22ended 30 Sep 2021 / Consolidated, audited | Rs 1,429 cr | Rs 2.03 | n/a | n/a | Filing |
| Q1 FY22ended 30 Jun 2021 / Consolidated, audited | Rs 1,485 cr | Rs 1.98 | n/a | n/a | Filing |
| Q4 FY21ended 31 Mar 2021 / Consolidated, audited | Rs 1,463 cr | Rs 0.69 | n/a | n/a | Filing |
| Q3 FY21ended 31 Dec 2020 / Consolidated, audited | Rs 1,365 cr | Rs 1.78 | n/a | n/a | Filing |
| Q2 FY21ended 30 Sep 2020 / Consolidated, audited | Rs 1,188 cr | Rs 1.55 | n/a | n/a | Filing |
| Q1 FY21ended 30 Jun 2020 / Consolidated, audited | Rs 1,062 cr | Rs 1.29 | n/a | n/a | Filing |
| Q4 FY20ended 31 Mar 2020 / Consolidated, audited | Rs 1,080 cr | Rs 1.32 | n/a | n/a | Filing |
| Q3 FY20ended 31 Dec 2019 / Consolidated, audited | Rs 1,053 cr | Rs 1.29 | n/a | n/a | Filing |
| Q2 FY20ended 30 Sep 2019 / Consolidated, audited | Rs 985 cr | Rs 0.97 | n/a | n/a | Filing |
| Q1 FY20ended 30 Jun 2019 / Consolidated, audited | Rs 980 cr | Rs 1.32 | n/a | n/a | Filing |
| Q4 FY19ended 31 Mar 2019 / Consolidated, audited | Rs 967 cr | Rs 1.42 | n/a | n/a | Filing |
| Q3 FY19ended 31 Dec 2018 / Consolidated, audited | Rs 985 cr | Rs 1.42 | n/a | n/a | Filing |
| Q2 FY19ended 30 Sep 2018 / Consolidated, audited | Rs 955 cr | Rs 1.35 | n/a | n/a | Filing |
| Q1 FY19ended 30 Jun 2018 / Consolidated, audited | Rs 919 cr | Rs 1.29 | n/a | n/a | Filing |
The official financialsFiled to 31 Mar 2026
FIRSTSOURCE SOLUTIONS LIMITED's statements as filed: trailing twelve month P&L, the balance sheet, and the cash engine. Parsed from official XBRL, shown in crore.
Trailing twelve months, on filed quarters
Revenue (TTM)
9,556 crNet profit (TTM)
674 crEBIT (TTM)
1,031 crProfit before tax (TTM)
850 crNet margin (TTM)
7.1%Finance costs (TTM)
181 crBalance sheet, as filed 2026-03-31
Total assets
9,320 crShareholder equity
4,385 crTotal borrowings
1,937 crCash and equivalents
259 crInventory
0.0 crTrade receivables
2,079 crThe cash engine, latest filed year
Operating cash flow
1,214 crCapex
196 crFree cash flow
1,018 crInvesting flow
-452 crFinancing flow
-667 crAnnual trail, filed year over filed year
| Year | Revenue | Net profit | Equity | Borrowings | CFO |
|---|---|---|---|---|---|
| FY26 | 9,556 cr | 674 cr | 4,385 cr | 1,937 cr | 1,214 cr |
| FY25 | 7,980 cr | 594 cr | 4,098 cr | 1,533 cr | 701 cr |
| FY24 | 6,336 cr | 515 cr | 3,701 cr | 812 cr | 645 cr |
| FY23 | 6,022 cr | 514 cr | 3,367 cr | 827 cr | 795 cr |
| FY22 | 5,921 cr | 537 cr | 3,033 cr | 1,010 cr | 704 cr |
| FY21 | 5,078 cr | 362 cr | 2,800 cr | 521 cr | n/a |
Every figure is parsed from FIRSTSOURCE SOLUTIONS LIMITED's official NSE XBRL filings by the BazaarBaazi earnings lab and shown in crore rupees. Display data, not a valuation model input.
Management on record17 earnings calls
Every FSL earnings call BazaarBaazi has indexed, latest 31 May 2026. Read management in its own words, straight from the filed transcript.
FIRSTSOURCE SOLUTIONS LIMITED earnings calls on record
17 calls since 31 May 2022
Show 9 older calls
Each entry links to the transcript PDF the company filed with the exchange. Primary sources, in management's own words.
What changed2 disclosures
Every recent official filing from FIRSTSOURCE SOLUTIONS LIMITED, straight from the exchange feed, with the BazaarBaazi Event Heat on the disclosure flow.
FIRSTSOURCE SOLUTIONS LIMITED has filed 2 official disclosures recently. The most recent is a Earnings dated 31 Mar 2026.
Event Heat
67 / 100FIRSTSOURCE SOLUTIONS LIMITED Q4 FY26 earnings result: profit_acceleration
Event Heat is a dated net read of FIRSTSOURCE SOLUTIONS LIMITED's last 180 days of official disclosures, balancing the constructive filings against the ones to watch. It is a signal from what the company has filed, not investment advice. Every line above links to its official exchange filing, and the full market desk is at the disclosures hub.
Key fundamentalsEditorial reference
The anchor data BazaarBaazi references when reading the FSL chart. Not a substitute for a registered research note.
| Ticker | FSL |
|---|---|
| Full name | FIRSTSOURCE SOLUTIONS LIMITED |
| Sector | Services |
| Index class | MID CAP |
| ISIN | INE684F01012 |
| Market-cap band | ~18,385 cr (indicative) |
| Last referenced level | Inside latest show |
| Last session move | Not referenced this cycle |
| Editorial line in | Systematic Read on 21 Jul 2026 |
| Aliases tracked | FSL |
Reference chartLevels in show
The daily frame the desk reads on FSL.
FAQ11 reader questions · AEO-eligible
The line on FSL, distilled and schema-marked for AI Overview, Perplexity, and reader search.
What is the FSL share price target for 2026?
BazaarBaazi does not publish a SEBI-registered price target on FSL. The desk reads structural support and resistance inside each show against the printed spot; the most recent editorial line is Systematic Read on 21 Jul 2026.
What is BazaarBaazi's Crack Score for FSL?
The BazaarBaazi Crack Score for FSL is 60 out of 100 as of 21 Jul 2026, a constructive reading. It is a computed conviction number from the signed stance, how consistent the recent verdicts have been, the quality of the printed structure, and how fresh the review is. It is a transparency signal, not investment advice.
What is the F&O view on FSL?
Strike-level option inventory for FSL is unavailable, so BazaarBaazi withholds participant, direction and positioning claims. The editorial chart stance is not substituted for an option-chain observation.
What sector is FSL in and which peers does BazaarBaazi track?
FSL sits in Services (mid cap), indicative market cap ~18,385 cr (indicative), ISIN INE684F01012. The peers BazaarBaazi reads alongside it are ECLERX SERVICES LIMITED, GMR AIRPORTS LIMITED, DELHIVERY LIMITED. A systematic, data-only read on FIRSTSOURCE SOLUTIONS LIMITED: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.
How often is the FSL view updated?
This page is one evergreen URL refreshed in place. The Crack Score and levels re-compute on every BazaarBaazi end-of-day run, and the dated stamp shows the last refresh. The latest signed verdict on FSL is mixed, published in Systematic Read on 21 Jul 2026.
Is FSL a qualifying setup on the BazaarBaazi scanner right now?
On the 2026-07-21 run of the 500-name BazaarBaazi setup scanner, FIRSTSOURCE SOLUTIONS LIMITED sits in the Scanned tier with a setup score of 77/100 (technical 80, fundamental 100). The scanner is a deterministic engine over real OHLCV and official filings, refreshed nightly, and it is a signal rather than investment advice.
Where can I read FIRSTSOURCE SOLUTIONS LIMITED's earnings call transcripts?
BazaarBaazi indexes 17 FSL earnings calls going back to 2022-05-31, latest 2026-05-31. Every entry on this page links straight to the transcript PDF the company filed with the exchange, so you read management in the primary source.
What was FIRSTSOURCE SOLUTIONS LIMITED's Q4 FY26 net profit?
FIRSTSOURCE SOLUTIONS LIMITED reported a net profit of Rs 205 cr for Q4 FY26 (the quarter ended 31 March 2026). That is +27.7% year on year. The figure is from the company's official NSE filing.
What was FIRSTSOURCE SOLUTIONS LIMITED's Q4 FY26 revenue?
FIRSTSOURCE SOLUTIONS LIMITED reported revenue of Rs 2,583 cr for Q4 FY26. That is +19.5% year on year. The figure is from the company's official NSE filing.
How does BazaarBaazi rate FIRSTSOURCE SOLUTIONS LIMITED's Q4 FY26 result?
BazaarBaazi gives FIRSTSOURCE SOLUTIONS LIMITED's Q4 FY26 result a Result Pulse of 97 out of 100, with a verdict of Profit acceleration. The Result Pulse is a BazaarBaazi editorial score for the quality of the filed result, not investment advice.
What has Firstsource Solutions Ltd announced recently?
The most recent official filing on record for Firstsource Solutions Ltd is an earnings dated 31 Mar 2026. It is the company's own earnings disclosure to the exchange, and it links to that filing on the BazaarBaazi stock page rather than to any third-party summary.
Related stock views
The names BazaarBaazi reads alongside FSL, each a living view refreshed every end-of-day run.