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FSL - Fundamental Analysis: Financial Health & Valuation

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Rating: 4

Last Updated Time : 25 May 26, 12:02 am

Fundamental Rating: 4.0

Stock Code FSL Market Cap 19,014 Cr. Current Price 269 ₹ High / Low 404 ₹
Stock P/E 37.3 Book Value 32.5 ₹ Dividend Yield 2.05 % ROCE 21.2 %
ROE 20.9 % Face Value 10.0 ₹ DMA 50 240 ₹ DMA 200 286 ₹
Chg in FII Hold -0.35 % Chg in DII Hold 0.30 % PAT Qtr 140 Cr. PAT Prev Qtr 144 Cr.
RSI 64.0 MACD 7.38 Volume 69,44,297 Avg Vol 1Wk 43,06,554
Low price 201 ₹ High price 404 ₹ PEG Ratio 1.34 Debt to equity 0.42
52w Index 33.6 % Qtr Profit Var 51.6 % EPS 6.11 ₹ Industry PE 22.2

📊 Financials: FSL shows strong fundamentals with consistent profitability. Quarterly PAT stood at 140 Cr, slightly lower than the previous 144 Cr, but overall profit variation remains positive at 51.6%. ROCE at 21.2% and ROE at 20.9% highlight excellent efficiency and profitability. EPS is 6.11 ₹, supporting steady earnings. Debt-to-equity at 0.42 is moderate, manageable given strong returns.

💰 Valuation: The stock trades at a P/E of 37.3, higher than the industry average of 22.2, suggesting premium valuation. Book value is 32.5 ₹, with current price at 269 ₹, implying a P/B ratio of ~8.3. PEG ratio of 1.34 indicates valuation is moderately stretched relative to growth. Intrinsic value appears slightly lower than current levels, suggesting cautious optimism.

💻 Business Model & Health: FSL operates in IT services and digital solutions, with strong presence in outsourcing and technology-driven offerings. Competitive advantage lies in diversified client base, digital transformation expertise, and global delivery capabilities. Overall health is strong, supported by profitability, institutional support, and sector demand.

📈 Entry Zone: RSI at 64.0 indicates mildly overbought levels. Support is near 240 ₹, resistance at 404 ₹. Entry around 250–260 ₹ offers a favorable long-term opportunity. Long-term holding is attractive given strong fundamentals, though investors should be cautious of premium valuations.


Positive

  • 💻 [Strong Profitability](ca://s?q=FSL_profitability): High ROCE (21.2%) and ROE (20.9%).
  • 📈 [Earnings Growth](ca://s?q=FSL_earnings_growth): PAT variation positive at 51.6%.
  • 💸 [Dividend Yield](ca://s?q=FSL_dividend_yield): Attractive yield of 2.05%.

Limitation

  • 📉 [Valuation](ca://s?q=FSL_valuation): P/E of 37.3 is higher than industry average.
  • ⚠️ [Growth Valuation](ca://s?q=FSL_growth_valuation): PEG ratio of 1.34 suggests moderate stretch relative to growth.
  • 📊 [FII Outflow](ca://s?q=FSL_FII_outflow): Foreign investors reduced holdings by -0.35%.

Company Negative News

  • 📉 [Quarterly Decline](ca://s?q=FSL_quarterly_decline): PAT fell slightly from 144 Cr to 140 Cr.
  • 📊 [FII Reduction](ca://s?q=FSL_FII_reduction): Decline in foreign institutional holdings.

Company Positive News

  • 📈 [DII Support](ca://s?q=FSL_DII_support): Domestic institutions increased holdings by 0.30%.
  • 💹 [Profit Growth](ca://s?q=FSL_profit_growth): Strong EPS of 6.11 ₹ reflects profitability.

Industry

  • 💻 [IT Services Growth](ca://s?q=Indian_IT_services_growth): Sector expanding with digital transformation demand.
  • 📊 [Industry PE](ca://s?q=IT_industry_PE): Sector average P/E is 22.2, lower than FSL’s valuation.

Conclusion

✅ FSL demonstrates strong fundamentals, profitability, and institutional support, making it a fundamentally sound investment. While valuations are stretched, growth prospects and sector demand justify partial premium. Entry around 250–260 ₹ is favorable, and long-term holding is recommended given the company’s resilience and industry outlook.

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