Firstsource Solutions Limited (FSL) - Total Assets

Latest as of December 2025: Rs87.91 Billion INR ≈ $950.72 Million USD

Based on the latest financial reports, Firstsource Solutions Limited (FSL) holds total assets worth Rs87.91 Billion INR (≈ $950.72 Million USD) as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See Firstsource Solutions Limited net assets for net asset value and shareholders' equity analysis.

Firstsource Solutions Limited - Total Assets Trend (2005–2025)

This chart illustrates how Firstsource Solutions Limited's total assets have evolved over time, based on quarterly financial data.

Firstsource Solutions Limited - Asset Composition Analysis

Current Asset Composition (March 2025)

Firstsource Solutions Limited's total assets of Rs87.91 Billion consist of 28.1% current assets and 71.9% non-current assets.

Asset Category	Amount (INR)	% of Total Assets
Cash & Equivalents	Rs0.00	2.1%
Accounts Receivable	Rs17.07 Billion	21.5%
Inventory	Rs0.00	0.0%
Property, Plant & Equipment	Rs12.38 Billion	15.6%
Intangible Assets	Rs1.25 Billion	1.6%
Goodwill	Rs36.80 Billion	46.5%

Asset Composition Trend (2005–2025)

This chart illustrates how Firstsource Solutions Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Firstsource Solutions Limited market capitalisation.

Show as percentage

Key Asset Composition Facts

Current vs. Non-Current Assets: Firstsource Solutions Limited's current assets represent 28.1% of total assets in 2025, an increase from 20.7% in 2005.
Cash Position: Cash and equivalents constituted 2.1% of total assets in 2025, down from 4.6% in 2005.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 47.0% of total assets, a decrease from 61.0% in 2005.
Asset Diversification: The largest asset category is goodwill at 46.5% of total assets.

Firstsource Solutions Limited Competitors by Total Assets

Key competitors of Firstsource Solutions Limited based on total assets are shown below.

Company	Country	Total Assets
Hand Enterprise Solutions Co SHE:300170	China	CN¥6.48 Billion
Beijing Lanxum Tech Co SHE:300010	China	CN¥2.39 Billion
Beibu Gulf Tourism Corp Ltd SHG:603869	China	CN¥4.70 Billion
Orbis AG XETRA:OBS	Germany	€88.03 Million
Siili Solutions Oyj HE:SIILI	Finland	€76.64 Million
Talex S.A. WAR:TLX	Poland	zł82.31 Million
Capgemini SE PA:CAP	France	€29.06 Billion
Squirrel Media SA MC:SQRL	Spain	€238.36 Million

Firstsource Solutions Limited - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric	Current	1 Year Ago	5 Years Ago
Current Ratio	0.90	0.98	0.88
Quick Ratio	0.90	0.98	0.94
Cash Ratio	0.00	0.00	0.00
Working Capital	Rs-2.83 Billion	Rs-393.00 Million	Rs-1.70 Billion

Firstsource Solutions Limited - Advanced Valuation Insights

This section examines the relationship between Firstsource Solutions Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio	4.52
Latest Market Cap to Assets Ratio	0.02
Asset Growth Rate (YoY)	30.2%
Total Assets	Rs79.22 Billion
Market Capitalization	$1.60 Billion USD

Valuation Analysis

Below Book Valuation: The market values Firstsource Solutions Limited's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Firstsource Solutions Limited's assets grew by 30.2% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Firstsource Solutions Limited (2005–2025)

The table below shows the annual total assets of Firstsource Solutions Limited from 2005 to 2025.

Year	Total Assets	Change
2025-03-31	Rs79.22 Billion ≈ $856.76 Million	+30.23%
2024-03-31	Rs60.83 Billion ≈ $657.86 Million	+7.39%
2023-03-31	Rs56.64 Billion ≈ $612.58 Million	-0.78%
2022-03-31	Rs57.09 Billion ≈ $617.37 Million	+18.20%
2021-03-31	Rs48.30 Billion ≈ $522.31 Million	+5.29%
2020-03-31	Rs45.87 Billion ≈ $496.07 Million	+24.79%
2019-03-31	Rs36.76 Billion ≈ $397.52 Million	+8.19%
2018-03-31	Rs33.98 Billion ≈ $367.43 Million	-3.46%
2017-03-31	Rs35.19 Billion ≈ $380.60 Million	-4.03%
2016-03-31	Rs36.67 Billion ≈ $396.60 Million	+7.02%
2015-03-31	Rs34.27 Billion ≈ $370.57 Million	-7.13%
2014-03-31	Rs36.89 Billion ≈ $399.00 Million	+10.08%
2013-03-31	Rs33.52 Billion ≈ $362.47 Million	-14.75%
2012-03-31	Rs39.31 Billion ≈ $425.18 Million	+21.25%
2011-03-31	Rs32.43 Billion ≈ $350.67 Million	+7.59%
2010-03-31	Rs30.14 Billion ≈ $325.92 Million	-0.98%
2009-03-31	Rs30.43 Billion ≈ $329.13 Million	+16.87%
2008-03-31	Rs26.04 Billion ≈ $281.62 Million	+85.21%
2007-03-31	Rs14.06 Billion ≈ $152.05 Million	+104.82%
2006-03-31	Rs6.86 Billion ≈ $74.24 Million	+17.80%
2005-03-31	Rs5.83 Billion ≈ $63.02 Million	--

About Firstsource Solutions Limited

NSE:FSL India Information Technology Services

Market Cap

$1.60 Billion

Rs147.87 Billion INR

Market Cap Rank

#7126 Global

#324 in India

Share Price

Rs213.94

Change (1 day)

-0.25%

52-Week Range

Rs204.39 - Rs394.75

All Time High

Rs406.75