⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.

FSL - Fundamental Analysis: Financial Health & Valuation

Back to List

Rating: 3.3

Last Updated Time : 02 Feb 26, 01:08 pm

Fundamental Rating: 3.3

Stock Code FSL Market Cap 22,002 Cr. Current Price 311 ₹ High / Low 404 ₹
Stock P/E 51.4 Book Value 37.2 ₹ Dividend Yield 1.29 % ROCE 16.9 %
ROE 15.3 % Face Value 10.0 ₹ DMA 50 332 ₹ DMA 200 341 ₹
Chg in FII Hold -0.05 % Chg in DII Hold 0.56 % PAT Qtr 98.0 Cr. PAT Prev Qtr 135 Cr.
RSI 38.6 MACD -6.38 Volume 3,57,409 Avg Vol 1Wk 3,74,921
Low price 270 ₹ High price 404 ₹ PEG Ratio -132 Debt to equity 0.32
52w Index 30.4 % Qtr Profit Var 6.74 % EPS 6.70 ₹ Industry PE 33.3

📊 Core Financials

  • Revenue growth: PAT at 98 Cr vs 135 Cr in previous quarter, showing decline, though YoY profit variation positive at +6.74 %.
  • Profit margins: EPS at 6.70 ₹, moderate profitability.
  • Debt ratios: Debt-to-equity at 0.32, manageable but adds some leverage risk.
  • Cash flows: Supported by profitability, though declining PAT raises caution.
  • Return metrics: ROCE 16.9 %, ROE 15.3 % — decent efficiency and shareholder returns.

💹 Valuation Indicators

  • P/E ratio: 51.4, significantly above industry average (33.3), suggests premium valuation.
  • P/B ratio: Current Price / Book Value ≈ 8.4, expensive relative to assets.
  • PEG ratio: -132, not meaningful due to distorted growth expectations.
  • Intrinsic value: Valuation stretched, not fully justified by fundamentals.

🏢 Business Model & Competitive Advantage

  • Operates in IT services and BPM sector, providing outsourcing and digital transformation solutions.
  • Competitive advantage lies in diversified client base and global delivery model.
  • Profitability challenges and high valuation limit financial strength.

📈 Entry Zone & Long-Term Guidance

  • Entry zone: Attractive near 270–290 ₹ levels, closer to 52-week low support.
  • Long-term holding: Cautious; suitable for growth-oriented investors, but fundamentals do not justify current premium valuation.

Positive

  • ROCE (16.9 %) and ROE (15.3 %) show decent efficiency.
  • Dividend yield at 1.29 % provides steady income.
  • DII holdings increased (+0.56 %).

Limitation

  • P/E ratio (51.4) far above industry average (33.3).
  • EPS at 6.70 ₹ reflects modest profitability.
  • Debt-to-equity ratio at 0.32 adds leverage risk.

Company Negative News

  • Quarterly PAT declined (98 Cr vs 135 Cr).
  • FII holdings decreased (-0.05 %).
  • Technical indicators weak: RSI at 38.6, MACD negative.

Company Positive News

  • YoY profit variation positive (+6.74 %).
  • Strong institutional support from DII investors.
  • Dividend yield supports investor confidence.

Industry

  • IT services and BPM industry supported by digital transformation demand.
  • Industry PE at 33.3, lower than FSL’s valuation, highlighting premium pricing.

Conclusion

  • FSL demonstrates moderate fundamentals with decent ROE/ROCE but declining profitability.
  • Valuation is stretched compared to industry peers, limiting upside potential.
  • Entry advisable only near lower support levels; long-term holding requires caution unless earnings improve significantly.

I can also extend this into a peer comparison HTML snapshot against companies like Tech Mahindra, Wipro, and HCL Tech to highlight FSL’s relative valuation and positioning. Would you like me to set that up?

NIFTY 50 - Fundamental Stock Watchlist

NEXT 50 - Fundamental Stock Watchlist

MIDCAP - Fundamental Stock Watchlist

SMALLCAP - Fundamental Stock Watchlist