Firstsource Solutions (NSE:FSL) Market Cap: ₹168,042 Mil (As of Jun. 28, 2026)


NSE:FSL Firstsource Solutions Ltd NSE:FSL
81 GF Score
Price ₹243.45
GF Value ₹370.94
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Firstsource Solutions Market Cap?

Firstsource Solutions NSE:FSL -0.23% 81 Market Cap is ₹168,042 Mil as of Jun. 28, 2026. GuruFocus rates NSE:FSL with a GF Score™ of 81/100 and a GF Value™ of ₹370.94 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,928 Software companies, Firstsource Solutions ranks better than 88.39% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Firstsource Solutions's share price for the quarter that ended in Mar. 2026 was ₹204.39. Firstsource Solutions's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 690 Mil. Therefore, Firstsource Solutions's market cap for the quarter that ended in Mar. 2026 was ₹141,102 Mil.

Firstsource Solutions's quarterly market cap increased from Sep. 2025 (₹227,150 Mil) to Dec. 2025 (₹232,103 Mil) but then declined from Dec. 2025 (₹232,103 Mil) to Mar. 2026 (₹141,102 Mil).

Firstsource Solutions's annual market cap increased from Mar. 2024 (₹135,907 Mil) to Mar. 2025 (₹234,217 Mil) but then declined from Mar. 2025 (₹234,217 Mil) to Mar. 2026 (₹141,102 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Firstsource Solutions's Enterprise Value for Today is ₹193,835 Mil.


Firstsource Solutions  (NSE:FSL) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Firstsource Solutions Market Cap Related Terms


Firstsource Solutions Market Cap Historical Data

* Premium members only.

The historical data trend for Firstsource Solutions's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Firstsource Solutions Market Cap Chart

Firstsource Solutions Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85,031.37 71,887.91 135,906.91 234,216.87 141,102.27

Firstsource Solutions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 234,216.87 258,803.35 227,149.51 232,103.28 141,102.27

NSE:FSL vs IBM, ACN, FISV: Market Cap Comparison

For the Information Technology Services subindustry, Firstsource Solutions's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Firstsource Solutions Market Cap vs Software Industry

For the Software industry and Technology sector, Firstsource Solutions's Market Cap distribution charts can be found below:

* The bar in red indicates where Firstsource Solutions's Market Cap falls into.


NSE:FSL
81GF Score
Firstsource Solutions Ltd NSE:FSL
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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Firstsource Solutions Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Firstsource Solutions's Market Cap for the fiscal year that ended in Mar. 2026 is calculated as

Market Cap (A: Mar. 2026 )=Share Price (A: Mar. 2026 )*Shares Outstanding (EOP) (A: Mar. 2026 )
=₹204.39*690.358
=₹141,102

Firstsource Solutions's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=₹204.39*690.358
=₹141,102

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of ₹168,042 Mil mean?
Firstsource Solutions (NSE:FSL) has a Market Cap of ₹168,042 Mil as of Jun. 28, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Firstsource Solutions and its competitors. According to the industry distribution chart, Firstsource Solutions ranks #340 out of 2928 companies in the Software industry, placing it in the top 11.6%.
Is Firstsource Solutions' Market Cap too high?
Firstsource Solutions' current Market Cap is ₹168,042 Mil. Based on the distribution chart, Firstsource Solutions ranks #340 out of 2928 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Firstsource Solutions has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Firstsource Solutions' Market Cap compare to IBM and ACN?
According to the Software industry distribution chart, Firstsource Solutions ranks #340 out of 2928 companies for Market Cap. This places Firstsource Solutions in the top 12% of its industry — outperforming the majority of peers. The industry median Market Cap is 65.79. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Software company?
The median Market Cap among Software companies is 65.79, based on 2,928 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Firstsource Solutions and its competitors. For the Software industry, the median Market Cap is 65.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firstsource Solutions's current Market Cap is ₹168,042 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firstsource Solutions stock overvalued right now?
Based on GuruFocus' analysis, Firstsource Solutions (NSE:FSL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹370.94, compared to a current price of ₹243.45 — trading 34.4% below its estimated fair value. The current Market Cap is ₹168,042 Mil. Firstsource Solutions' overall GF Score™ is 81/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Firstsource Solutions (NSE:FSL), the current Market Cap is ₹168,042 Mil as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Firstsource Solutions (NSE:FSL) Overvalued in 2026?

Based on GuruFocus' analysis, Firstsource Solutions stock appears to be undervalued. The current stock price of ₹243.45 is trading 34.4% below its estimated GF Value™ of ₹370.94. GuruFocus considers Firstsource Solutions to be Significantly Undervalued.

Key valuation signals for NSE:FSL:

  • Market Cap: ₹168,042 Mil
  • GF Value™: ₹370.94 vs. price of ₹243.45 (34.4% below fair value)
  • GF Score™: 81/100 with 1 warning sign

No single metric tells the full story. See the NSE:FSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Firstsource Solutions Business Description

Other Exchanges 532809:India
Address Mindspace, Link Road, 5th Floor, Paradigm ‘B’ Wing, Malad (West), Mumbai, MH, IND, 400 064
Firstsource Solutions Ltd is engaged in the business of providing customer management services like contact centers, transaction processing, and debt collection services. The company's business segment includes Banking and Financial Services, Healthcare, Communication, Media and Technology, and Diverse Industries. It generates maximum revenue from the Banking and Financial Services segment. Geographically, it derives a majority of its revenue from the United States of America.
81GF Score

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Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹243.45
Price
₹370.94
GF Value