Firstsource Solutions Limited Cash Flow Conversion Efficiency

Latest as of December 2025: 0.102x

Firstsource Solutions Limited cash flow conversion efficiency. Based on the latest financial reports, Firstsource Solutions Limited (FSL) has a cash flow conversion efficiency ratio of 0.102x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Rs4.60 Billion ≈ $49.74 Million USD) by net assets (Rs44.96 Billion ≈ $486.24 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Firstsource Solutions Limited (2005–2025)

Cash flow conversion efficiency of Firstsource Solutions Limited from 2005 to 2025. This chart illustrates how Firstsource Solutions Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Firstsource Solutions Limited share price for real-time trading data and today's change.

Firstsource Solutions Limited Cash Flow Conversion Ratio Explained

Firstsource Solutions Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Firstsource Solutions Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Firstsource Solutions Limited ranked by their cash flow conversion efficiency. Also see Firstsource Solutions Limited market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Custom Truck One Source Inc NYSE:CTOS	0.030x
Hilltop Holdings Inc NYSE:HTH	0.123x
Yangtze Optical Electronic Co. Ltd. A SHG:688143	N/A
Sime Darby Property Bhd KLSE:5288	0.033x
S-1 Corp KO:012750	0.074x
Beijing Jetsen Tech Co SHE:300182	0.028x
Distribuidora Internacional de Alimentación S.A MC:DIA	1.808x
BKV Corporation NYSE:BKV	0.034x

Annual Cash Flow Conversion Efficiency for Firstsource Solutions Limited (2005–2025)

The table below shows the annual cash flow conversion efficiency of Firstsource Solutions Limited from 2005 to 2025. Review Firstsource Solutions Limited (FSL) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs40.98 Billion ≈ $443.19 Million	Rs7.01 Billion ≈ $75.82 Million	0.171x	-1.81%
2024-03-31	Rs37.01 Billion ≈ $400.23 Million	Rs6.45 Billion ≈ $69.73 Million	0.174x	-26.21%
2023-03-31	Rs33.67 Billion ≈ $364.15 Million	Rs7.95 Billion ≈ $85.98 Million	0.236x	+1.80%
2022-03-31	Rs30.33 Billion ≈ $328.04 Million	Rs7.04 Billion ≈ $76.09 Million	0.232x	-33.43%
2021-03-31	Rs28.00 Billion ≈ $302.79 Million	Rs9.76 Billion ≈ $105.50 Million	0.348x	+134.83%
2020-03-31	Rs27.66 Billion ≈ $299.13 Million	Rs4.10 Billion ≈ $44.38 Million	0.148x	+4.86%
2019-03-31	Rs27.21 Billion ≈ $294.30 Million	Rs3.85 Billion ≈ $41.64 Million	0.142x	+5.67%
2018-03-31	Rs23.53 Billion ≈ $254.47 Million	Rs3.15 Billion ≈ $34.08 Million	0.134x	+37.15%
2017-03-31	Rs20.29 Billion ≈ $219.45 Million	Rs1.98 Billion ≈ $21.43 Million	0.098x	-20.93%
2016-03-31	Rs24.27 Billion ≈ $262.48 Million	Rs3.00 Billion ≈ $32.41 Million	0.123x	+4.91%
2015-03-31	Rs20.90 Billion ≈ $226.05 Million	Rs2.46 Billion ≈ $26.61 Million	0.118x	-37.72%
2014-03-31	Rs20.93 Billion ≈ $226.33 Million	Rs3.96 Billion ≈ $42.78 Million	0.189x	+62.64%
2013-03-31	Rs17.15 Billion ≈ $185.45 Million	Rs1.99 Billion ≈ $21.55 Million	0.116x	+2827.70%
2012-03-31	Rs14.31 Billion ≈ $154.78 Million	Rs56.81 Million ≈ $614.38K	0.004x	-97.70%
2011-03-31	Rs14.23 Billion ≈ $153.87 Million	Rs2.46 Billion ≈ $26.57 Million	0.173x	+43.86%
2010-03-31	Rs14.29 Billion ≈ $154.58 Million	Rs1.72 Billion ≈ $18.55 Million	0.120x	-4.43%
2009-03-31	Rs13.85 Billion ≈ $149.77 Million	Rs1.74 Billion ≈ $18.81 Million	0.126x	-58.83%
2008-03-31	Rs7.44 Billion ≈ $80.43 Million	Rs2.27 Billion ≈ $24.53 Million	0.305x	+257.52%
2007-03-31	Rs10.71 Billion ≈ $115.81 Million	Rs913.67 Million ≈ $9.88 Million	0.085x	+0.70%
2006-03-31	Rs4.37 Billion ≈ $47.30 Million	Rs370.56 Million ≈ $4.01 Million	0.085x	-8.43%
2005-03-31	Rs4.12 Billion ≈ $44.52 Million	Rs380.96 Million ≈ $4.12 Million	0.093x	--

About Firstsource Solutions Limited

NSE:FSL India Information Technology Services

Market Cap

$2.20 Billion

Rs203.56 Billion INR

Market Cap Rank

#5652 Global

#256 in India

Share Price

Rs294.50

Change (1 day)

+0.55%

52-Week Range

Rs204.39 - Rs367.20

All Time High

Rs406.75