Firstsource Solutions Limited (FSL) — Cash Flow Quality Index
Firstsource Solutions Limited (FSL) has a Cash Flow Quality Index of 3.82x as of December 2025. Operating cash flow of Rs4.60 Billion exceeds net income of Rs1.20 Billion, indicating high earnings quality where cash backs reported profits. Explore FSL operating cash flow to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Firstsource Solutions Limited Cash Flow Quality Index (2005–2025)
Historical Cash Flow Quality Index for Firstsource Solutions Limited across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check FSL total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Firstsource Solutions Limited (2005–2025)
Year-by-year earnings quality comparison for Firstsource Solutions Limited. For live market cap and the full company financial profile, see FSL stock market capitalisation.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.18x | Rs7.01 Billion | Rs5.94 Billion | ▼ -5.9% |
| 2024 | 1.25x | Rs6.45 Billion | Rs5.15 Billion | ▼ -3.1% |
| 2023 | 1.29x | Rs7.95 Billion | Rs6.15 Billion | ▲ +18.9% |
| 2022 | 1.09x | Rs7.04 Billion | Rs6.47 Billion | ▼ -51.9% |
| 2021 | 2.26x | Rs9.76 Billion | Rs4.32 Billion | ▲ +117.0% |
| 2020 | 1.04x | Rs4.10 Billion | Rs3.94 Billion | ▲ +17.9% |
| 2019 | 0.88x | Rs3.85 Billion | Rs4.36 Billion | ▲ +0.4% |
| 2018 | 0.88x | Rs3.15 Billion | Rs3.58 Billion | ▲ +49.7% |
| 2017 | 0.59x | Rs1.98 Billion | Rs3.37 Billion | ▼ -42.0% |
| 2016 | 1.01x | Rs3.00 Billion | Rs2.96 Billion | ▲ +0.6% |
| 2015 | 1.01x | Rs2.46 Billion | Rs2.44 Billion | ▼ -48.2% |
| 2014 | 1.95x | Rs3.96 Billion | Rs2.03 Billion | ▲ +55.5% |
| 2013 | 1.25x | Rs1.99 Billion | Rs1.59 Billion | ▲ +1266.8% |
| 2012 | 0.09x | Rs56.81 Million | Rs620.31 Million | ▼ -94.8% |
| 2011 | 1.77x | Rs2.46 Billion | Rs1.39 Billion | ▲ +40.7% |
| 2010 | 1.26x | Rs1.72 Billion | Rs1.36 Billion | ▼ -77.8% |
| 2009 | 5.67x | Rs1.74 Billion | Rs306.72 Million | ▲ +228.9% |
| 2008 | 1.72x | Rs2.27 Billion | Rs1.32 Billion | ▲ +83.5% |
| 2007 | 0.94x | Rs913.67 Million | Rs972.53 Million | ▼ -37.5% |
| 2006 | 1.50x | Rs370.56 Million | Rs246.69 Million | ▼ -28.6% |
| 2005 | 2.10x | Rs380.96 Million | Rs181.10 Million | — |