Firstsource Solutions Limited - Company Profile

Q: Who are the current directors of Firstsource Solutions Limited?

The current directors of Firstsource Solutions Limited are Pradip Kumar Khaitan, Ritesh Mohan Idnani, Utsav Parekh, Sanjiv Goenka, Sunil Mitra, Subrata Talukdar, Sweta Kinjal Shah, Vanita Uppal, Dinesh Jain, Rajiv Kumar, Shashwat Goenka, Rekha Sethi, Tharavanat Chandrasekharan Suseelkumar, Pooja Suresh Nambiar.

It is a business outsourcing public limited company based in Goregaon East, Maharashtra, India, established in 2001.

2001 Goregaon East, Maharashtra, India Active

Last Updated: December 31, 2025

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About Firstsource Solutions Limited

Firstsource Solutions Limited, a active public limited company, was established on 06 December 2001 in Goregaon East, Maharashtra, India. Engaging in business process outsourcing within the information and communication sector, it holds CIN: L64202MH2001PLC134147. Registered under ROC Roc Mumbai. it is listed on BSE: 532809 and NSE: FSL. It has an authorized capital of ₹872.00 Cr and a paid-up capital of ₹696.99 Cr.

Formerly known as Icici Onesource Limited, Icici Infotech Upstream Limited. It upholds a compliant status. In 2023, it reported revenue of ₹1,409.44 Cr and a net worth of ₹2,304.35 Cr. Employing 14,601 professional, Its leadership includes Pradip Kumar Khaitan (Director), Ritesh Mohan Idnani (Ceo), Utsav Parekh (Director). Past directors included Ram V Chary, Pradip Kumar Khaitan, Yezdi Hirji Malegam. It holds no open charges and ₹1,960.10 Cr settled loans. Its latest AGM occurred on 30 July 2025, with the balance sheet filed on 31 March 2025. It is based at 1St Floor, Athena Towers,, Mindspace Malad, Goregaon East, Maharashtra, 400063.

Company Details

CIN/LLPIN
L64202MH2001PLC134147
Registration Number
134147
Incorporation Date
06 December 2001
Authorized Capital
₹872.00 Cr
Paid-Up Capital
₹696.99 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 532809, NSE: FSL)
Company Status
Active

Key Metrics

Authorised Capital ₹ 872.00 Cr as on 31-12-2025
Paid Up Capital ₹ 696.99 Cr as on 31-12-2025
Company Age 24 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 1,960.10 Cr as on 31-12-2025
Revenue Growth **** -13.15% (FY 2023)
Profit Growth **** -35.93% (FY 2023)
Ebitda **** -28.21% (FY 2023)
Net Worth -0.67% (FY 2023)
Total Assets -4.69% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Firstsource Solutions Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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

Current Directors

Name	Designation	Appointment Date	Status
Pradip Kumar Khaitan	Director	14 Nov 2014	Current
Ritesh Mohan Idnani	Ceo	01 Sep 2023	Current
Utsav Parekh	Director	02 Nov 2022	Current
Sanjiv Goenka	Director	03 Dec 2012	Current
Sunil Mitra	Director	01 Apr 2019	Current
Subrata Talukdar	Director	05 Dec 2012	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	05 Dec 2012	Past
Pramod Abcsdd	Director Appointed In Casual Vacancy	03 Aug 2015	Past
Pramod Abcsdd	Director	01 Apr 2019	Past
Pramod Abcsdd	Director	19 Sep 2014	Past
Pramod Abcsdd	Director	01 Apr 2009	Past
Pramod Abcsdd	Additional Director	01 Sep 2023	Past

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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%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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%

*******

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What is the Ownership and Shareholding Structure of Firstsource Solutions?

In 2023, Firstsource Solutions had a promoter holding of 53.66% and a public holding of 46.35%. 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 Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹19,600,999,880.00

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

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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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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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.

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Latest Updates, News, and FAQs on Firstsource Solutions

Recent Activity within the Organization

Annual General Meeting

The activity Firstsource Solutions Limited last Annual general meeting of members was held on 30 Jul 2025 as per latest MCA records. was completed.
30 Jul 2025
Balance Sheet

The activity Firstsource Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
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 2 years 1 month . was recorded as a recent event.
03 May 2024
Director Appointment

Ritesh Mohan Idnani was appointed as a CEO was appointed as a CEO on 01 Sep 2023 & has been associated with this company since 2 years 9 months . was recorded as a recent event.
01 Sep 2023
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 2 years 9 months . was recorded as a recent event.
01 Sep 2023
Director Appointment

The activity Tharavanat Chandrasekharan Suseelkumar was appointed as a Director was appointed as a Director on 01 Sep 2023 & has been associated with this company since 2 years 9 months . was completed.
01 Sep 2023

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