Firstsource Solutions Limited (FSL) — Financial Flexibility Index
Firstsource Solutions Limited (FSL) has a Financial Flexibility Index of 0.11x as of December 2025. Free cash flow of Rs4.80 Billion (operating CF Rs4.60 Billion minus capex Rs203.29 Million) represents 0% of total liabilities (Rs42.95 Billion). Check FSL strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Firstsource Solutions Limited Financial Flexibility Index (2005–2025)
Historical Financial Flexibility Index trend for Firstsource Solutions Limited across 21 annual periods. See how liquid is Firstsource Solutions Limited's working capital to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Firstsource Solutions Limited (2005–2025)
Year-by-year free cash flow to debt coverage for Firstsource Solutions Limited. For the full company profile including market capitalisation, see FSL market cap.
| Year | Flexibility Index | Free Cash Flow (INR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.25x | Rs9.42 Billion | Rs7.01 Billion | Rs38.24 Billion | ▼ -19.6% |
| 2024 | 0.31x | Rs7.30 Billion | Rs6.45 Billion | Rs23.82 Billion | ▼ -17.1% |
| 2023 | 0.37x | Rs8.49 Billion | Rs7.95 Billion | Rs22.97 Billion | ▲ +25.3% |
| 2022 | 0.29x | Rs7.89 Billion | Rs7.04 Billion | Rs26.75 Billion | ▼ -47.9% |
| 2021 | 0.57x | Rs11.49 Billion | Rs9.76 Billion | Rs20.30 Billion | ▲ +96.7% |
| 2020 | 0.29x | Rs5.24 Billion | Rs4.10 Billion | Rs18.21 Billion | ▼ -44.4% |
| 2019 | 0.52x | Rs4.94 Billion | Rs3.85 Billion | Rs9.54 Billion | ▲ +43.1% |
| 2018 | 0.36x | Rs3.78 Billion | Rs3.15 Billion | Rs10.45 Billion | ▲ +90.0% |
| 2017 | 0.19x | Rs2.84 Billion | Rs1.98 Billion | Rs14.90 Billion | ▼ -38.8% |
| 2016 | 0.31x | Rs3.86 Billion | Rs3.00 Billion | Rs12.40 Billion | ▲ +42.1% |
| 2015 | 0.22x | Rs2.92 Billion | Rs2.46 Billion | Rs13.36 Billion | ▼ -19.0% |
| 2014 | 0.27x | Rs4.31 Billion | Rs3.96 Billion | Rs15.97 Billion | ▲ +85.1% |
| 2013 | 0.15x | Rs2.39 Billion | Rs1.99 Billion | Rs16.37 Billion | ▲ +525.9% |
| 2012 | 0.02x | Rs582.95 Million | Rs56.81 Million | Rs25.00 Billion | ▼ -82.7% |
| 2011 | 0.14x | Rs2.46 Billion | Rs2.46 Billion | Rs18.20 Billion | ▲ +24.7% |
| 2010 | 0.11x | Rs1.72 Billion | Rs1.72 Billion | Rs15.84 Billion | ▼ -1.9% |
| 2009 | 0.11x | Rs1.83 Billion | Rs1.74 Billion | Rs16.58 Billion | ▼ -15.4% |
| 2008 | 0.13x | Rs2.43 Billion | Rs2.27 Billion | Rs18.60 Billion | ▼ -54.4% |
| 2007 | 0.29x | Rs958.63 Million | Rs913.67 Million | Rs3.35 Billion | ▲ +85.4% |
| 2006 | 0.15x | Rs384.25 Million | Rs370.56 Million | Rs2.49 Billion | ▼ -73.5% |
| 2005 | 0.58x | Rs994.96 Million | Rs380.96 Million | Rs1.71 Billion | — |