Firstsource Solutions (FSL) Investor Presentation summary

Group overview and positioning

• Part of RP-Sanjiv Goenka Group with $5B turnover, $930M EBITDA, and 1.2M+ shareholders.

• Operates in 60+ countries with 100+ offices and 55,000+ employees.

• Focuses on BPS, leveraging AI-powered solutions and the UnBPOTM approach.

Strategic initiatives and growth

• OneFirstsource strategy emphasizes cross-sell, margin improvement, employee experience, and brand amplification.

• Consistent top-quartile revenue growth, outpacing large-cap and mid-cap IT and BPO peers.

• Expanded client base, with 142 $1M+ clients and 17 $10M+ clients as of Q2FY26.

• Margin expansion achieved alongside investments in sales, leadership, and AI capabilities.

Financial performance

• Q2FY26 revenue at $265M, up 20.1% YoY; EBIT margin at 11.5%, PAT margin at 7.8%.

• H1FY26 revenue at $524M, up 21.9% YoY; EBIT margin at 11.4%, PAT margin at 7.7%.

• FY26 guidance: 13-15% constant currency revenue growth, 11.25-12.0% EBIT margin.

• Strong cash flow and improved return on equity and capital employed.