FSLBSEFirstsource Solutions LtdMediumNeutral
Announced Wed, 6 May · 13:36 IST

Investor Presentation Q4FY26

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedAnalyst Day Multiyear TargetsInvestor Communications View source PDF

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₹219.45
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₹233.50
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AI summary

Firstsource Solutions reported strong Q4FY26 results with revenue of ₹25,835 million (US$283 million), up 19.5% YoY and 11.6% in constant currency. FY26 full-year revenue reached ₹95,564 million (US$1,082 million), growing 13.6% in constant currency. EBIT margin expanded to 11.7% for FY26 (70bps improvement) and 12.2% in Q4FY26 (100bps YoY improvement). PAT grew 27.7% YoY to ₹2,052 million in Q4. The company added 6 new strategic logos in Q4, maintaining 4+ large deal wins for the fifth consecutive quarter, with Q4 exit deal pipeline at US$1 billion+. Management guided FY27 revenue growth of 10-13% constant currency with EBIT margin of 12.25-12.75%, targeting medium-term double-digit revenue growth and 50-75bps annual margin expansion.

Likely market impact

The strong Q4FY26 performance with margin expansion and robust deal pipeline signals sustained momentum. The FY27 guidance at the top decile of peer group growth validates management's confidence. The upward margin guidance for FY27 indicates continued execution on cost optimization and AI-driven productivity gains, which should support stock appreciation.