Firstsource Solutions Limited Company Logo

Firstsource Solutions Limited - Company Profile

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:

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 Indicators

  • Authorised Capital ₹ 872.00 Cr
  • Paid Up Capital ₹ 696.99 Cr
  • Company Age 24 Year, 1 Month
  • Last Filing with ROC 31 Mar 2025
  • 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%
Company report

Firstsource Solutions Limited

Company Report FY 2025-2026

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

NameDesignationAppointment DateStatus
Pradip Kumar KhaitanDirector14 Nov 2014Current
Ritesh Mohan IdnaniCeo01 Sep 2023Current
Utsav ParekhDirector02 Nov 2022Current
Sanjiv GoenkaDirector03 Dec 2012Current
Sunil MitraDirector01 Apr 2019Current
Subrata TalukdarDirector05 Dec 2012Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector05 Dec 2012Past
Pramod AbcsddDirector Appointed In Casual Vacancy03 Aug 2015Past
Pramod AbcsddDirector01 Apr 2019Past
Pramod AbcsddDirector19 Sep 2014Past
Pramod AbcsddDirector01 Apr 2009Past
Pramod AbcsddAdditional Director01 Sep 2023Past

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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%.

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 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 Indicator graph

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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

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

Explore comprehensive loan charge details -

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

    Progress on Firstsource Solutions Limited last Annual general meeting of members was held on 30 Jul 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Firstsource Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.

  • 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 1 year 8 months . was recorded as a recent event.

  • Director Appointment

    Ritesh Mohan Idnani was appointed as a Ceo was appointed as a Ceo on 27 Oct 2023 & has been associated with this company since 2 years 2 months . was recorded as a recent event.

  • 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 4 months . was recorded as a recent event.

  • Director Appointment

    The activity 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 4 months . was completed.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Firstsource Solutions Limited?

    The CIN of Firstsource Solutions Limited is L64202MH2001PLC134147.

  • Where is Firstsource Solutions Limited headquartered?

    Firstsource Solutions Limited is headquartered at 1St Floor, Athena Towers,, Mindspace Malad, Goregaon East, Maharashtra, 400063.

  • When was Firstsource Solutions Limited incorporated?

    Firstsource Solutions Limited was incorporated on 06 December 2001.

  • Who are the current directors of Firstsource Solutions Limited?

    The current directors of Firstsource Solutions Limited are

  • What is the primary industry of Firstsource Solutions Limited?

    The primary industry of Firstsource Solutions Limited is Information And Communication.

  • Is Firstsource Solutions Limited a listed company?

    Firstsource Solutions Limited is listed. It is listed on BSE: 532809 and NSE: FSL.

  • What is the capital structure of Firstsource Solutions Limited?

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

  • What is the compliance status of Firstsource Solutions Limited?

    The compliance status of Firstsource Solutions Limited is Compliant.

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