Firstsource Solutions Ltd

Hello all,

Interesting to see, no post in last one year, whereas the company is doing quite well. Growth has been good, recent acquisition of “PatientMatters LLC” in USA ( cost: 96 crs, funded through internal accruals ) is going to help company consolidate its leadership position in USA health segment.

Look at the ,cash flow, 9 month FY21 cash flow from operation is 160%+ of the Full year FY20 cash flow, thats huge. ( 3 Rs interim dividend in Feb 2021, that itself is 1% dividend yield, going to be much more for full year).

Overall, I see the business to scale up rapidly, with profitability improving, strong cash flow and debt reduction and these should help stock price appreciate.

Thanks,
Hafizul
Disc- invested.

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