
About Firstsource Provider Services Private Limited
Data last updated:
Firstsource Provider Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the business process outsourcing sector. It was incorporated on 14 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2011PTC082717. Its GSTIN is 33AAACQ2630F1ZZ (Tamil Nadu). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Cyrus Rusi Shroff and Dinesh Jain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹160.98 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹1.38 Cr (net margin 0.9%) and EBITDA of ₹10.97 Cr (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 26% over five years.
The company has about 1,658 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Quintessence Business Solutions & Services. As per MCA filings, the company has open charges of ₹2.5 Cr and satisfied charges of ₹6.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹49 Lakh; the latest was in May 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qbsshealth.com.
Company details
Contact details
Firstsource Provider Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is qbsshealth.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressModule 21&23 2nd Floor Flat No.Ts – 40 Elnet Software City Block 2 & 9 Rajiv Ga, Ndhi Salai, Chennai, Tamil Nadu, India – 600113
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Firstsource Provider Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Firstsource Provider Services operates one associated brand: Quintessence Business Solutions & Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Medical billing services are provided from Chennai, India. | qbsshealth.com |
Business activity
The main business activity of Firstsource Provider Services is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Firstsource Provider Services Private Limited, buy the company report.
Financials of Firstsource Provider Services Private Limited
FY 2025 filings availableFirstsource Provider Services Private Limited reported revenue of ₹160.98 Cr (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 32% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.38 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Firstsource Provider Services Private Limited, buy the company report.
Board of directors of Firstsource Provider Services Private Limited
Firstsource Provider Services has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Cyrus Rusi Shroff | Director | 03 May 2024 | 2 Years 5 Months | Current |
| Dinesh Jain | Director | 03 May 2024 | 2 Years 5 Months | Current |
| Ritesh Mohan Idnani | Director | 03 May 2024 | 2 Years 5 Months | Current |
Auditor
Firstsource Provider Services Private Limited is audited by T B L & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T B L & Associates | FY 2023 | 012141S |
Shareholding
The shareholding of Firstsource Provider Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Firstsource Provider Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2024 | 100882839 | Axis Bank Limited | ₹1 Cr | Satisfied | |
| 23 Nov 2022 | 100652457 | Axis Bank Limited | ₹2.5 Cr | Satisfied | |
| 26 Aug 2019 | 100283800 | Citi Bank N.A. | ₹3 Cr | Satisfied |
To see the full charge records of Firstsource Provider Services Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Firstsource Provider Services Private Limited has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹49 Lakh; the latest was in May 2024.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2024 | Acquisition | ₹327.81 Cr | Buyer: Firstsource Solutions Limited |
| Mar 2013 | Funding round | ₹49 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Firstsource Provider Services Private Limited has 1 court case on record: 1 filed by Firstsource Provider Services. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Firstsource Provider Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Firstsource Provider Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Firstsource Provider Services Private Limited has a workforce of 1,658 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Firstsource Provider Services has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACQ2630F1ZZ | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAACQ2630F2ZY | Tamil Nadu | Active | 07 Jul 2017 |
| 29AAACQ2630F1ZO | Karnataka | Active | 03 Jul 2024 |
To see the full GST registrations and return filing status of Firstsource Provider Services Private Limited, buy the company report.
Recent activity
Firstsource Provider Services Private Limited has 13 board changes on record since 2011: 8 appointments and 5 cessations. The latest: Balasubramanian Anitha ceased to be Director on 03 May 2024.
10 earlier events are in the company report.
Frequently asked questions
Firstsource Provider Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 14 October 2011 (15+ years old) and is registered under CIN U72200TN2011PTC082717.
Firstsource Provider Services has 3 current directors:
- Cyrus Rusi Shroff - Director
- Dinesh Jain - Director
- Ritesh Mohan Idnani - Director
The latest financial statements of Firstsource Provider Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Firstsource Provider Services is 33AAACQ2630F1ZZ, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AAACQ2630F2ZY (Tamil Nadu), 29AAACQ2630F1ZO (Karnataka).
The CIN (Corporate Identification Number) of Firstsource Provider Services is U72200TN2011PTC082717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Firstsource Provider Services has 1 court case on record: 1 filed by the company.
Firstsource Provider Services was incorporated on 14 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
Firstsource Provider Services has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹49 Lakh; the latest was in May 2024.
Balasubramanian Anitha ceased to be Director on 03 May 2024. Cyrus Rusi Shroff was appointed as Director on 03 May 2024. Dinesh Jain was appointed as Director on 03 May 2024. Firstsource Provider Services has 13 board changes on record in total.
Firstsource Provider Services can be reached through the website qbsshealth.com. Its registered office is in Chennai, Tamil Nadu, India.