Firstsource Solutions (NSE:FSL) Tax Expense: ₹1,754 Mil (TTM As of Mar. 2026)


NSE:FSL Firstsource Solutions Ltd NSE:FSL
81 GF Score
Price ₹229.69
GF Value ₹371.82
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Firstsource Solutions Tax Expense?

Firstsource Solutions NSE:FSL -2.93% 81 Tax Expense is ₹1,754 Mil as of Mar. 2026. GuruFocus rates NSE:FSL with a GF Score™ of 81/100 and a GF Value™ of ₹371.82 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Firstsource Solutions's tax expense for the months ended in Mar. 2026 was ₹554 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,754 Mil.


Firstsource Solutions  (NSE:FSL) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Firstsource Solutions Tax Expense Related Terms


Firstsource Solutions Tax Expense Historical Data

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The historical data trend for Firstsource Solutions's Tax Expense 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 Tax Expense Chart

Firstsource Solutions Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,105.71 1,015.03 1,149.50 1,462.00 1,754.31

Firstsource Solutions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Expense 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 410.27 439.04 448.21 313.48 553.58
NSE:FSL
81GF Score
Firstsource Solutions Ltd NSE:FSL
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Firstsource Solutions Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,754 Mil.

* 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 Tax Expense →
What does a Tax Expense of ₹1,754 Mil mean?
Firstsource Solutions (NSE:FSL) has a Tax Expense of ₹1,754 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Firstsource Solutions and its competitors.
Is Firstsource Solutions' Tax Expense too high?
Firstsource Solutions' current Tax Expense is ₹1,754 Mil. 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' Tax Expense compare to IBM and ACN?
Firstsource Solutions' Tax Expense of ₹1,754 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for a Software company?
A good Tax Expense depends on the Software industry context. However, Tax Expense 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 Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Firstsource Solutions and its competitors. Firstsource Solutions's current Tax Expense is ₹1,754 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 ₹371.82, compared to a current price of ₹229.69 — trading 38.2% below its estimated fair value. The current Tax Expense is ₹1,754 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 Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Firstsource Solutions (NSE:FSL), the current Tax Expense is ₹1,754 Mil as of Mar. 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 ₹229.69 is trading 38.2% below its estimated GF Value™ of ₹371.82. GuruFocus considers Firstsource Solutions to be Significantly Undervalued.

Key valuation signals for NSE:FSL:

  • Tax Expense: ₹1,754 Mil
  • GF Value™: ₹371.82 vs. price of ₹229.69 (38.2% 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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Tax Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹229.69
Price
₹371.82
GF Value