Five-Star Business Finance Ltd
FIVESTAR NSE
Five-Star Business Finance Ltd
Financial ServicesNSE: FIVESTAR BSE: 543663 NBFC
Key Fundamentals
SmallcapNBFCFinancial ServicesMarket Cap
₹15,361 Cr
Volatility
Moderate
P/E Ratio
14.06
EBITDA
₹139 Cr
Return on Equity
9.3%
Debt to Equity
0.76
Book Value
₹249.95
EPS
₹30.9
52W High
₹666
52W Low
₹338.15
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Five-Star Business Finance Ltd insights
38 extracted metrics + investor summaries across FY17–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Company has delivered good profit growth of 25.1% CAGR over last 5 years
Weaknesses
2- Promoter holding is low: 18.6%
- Promoter holding has decreased over last 3 years: -15.8%
Growth Rate
Revenue Growth
141.85% ↗
Net Income Growth
184.69% ↗
Cash Flow Change
-99.70% ↘
ROE
6.65% ↗
ROCE
41.72% ↗
EBITDA Margin (Avg.)
2.76% ↗
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 5d agoAI opinion · based on fundamentals
Risk medium
Five-Star Business Finance is a secured-lending NBFC focused on small business loans in semi-urban and rural India, trading at a PE of 13.9x and PB of 2.08x with a market cap of ~₹15,645 crore. The company grew AUM 23.2% YoY to ₹11,877 crore in FY25 and delivered 28% PAT growth, but recent quarters show rising credit costs (GS-3 at 2.64%) and promoter holding has declined to ~18.6%.
Bull Case 7
- Strong AUM growth of 23.2% YoY in FY25 to ₹11,877 crore, with management guiding for 25% AUM growth in FY26
- PAT grew 28% YoY in FY25 to ₹1,073 crore, maintaining a 5-year profit CAGR of 25.1%
- Attractive valuation at PE of 13.9x for a lender delivering consistent 16-17% ROE over 3, 5, and 10-year periods
- High net interest margin of ~16.5% and ROA of ~8.2%, well above secured-lending industry benchmarks
- Diversified funding profile with bank term loans at 56.5%, securitisation at 20.2%, and NCDs at 10.5% reducing concentration risk
- Large addressable market in underserved semi-urban and rural India with 748 branches and 0.46 million active loans as of FY25
- Compounded sales growth of 28% over 3 years and 25% over 5 years demonstrates sustained revenue momentum
Bear Case 8
- Promoter holding is low at 18.6% and has decreased by 15.8 percentage points over the last 3 years, signalling potential overhang
- Asset quality has deteriorated with GS-3 (gross stage 3) rising 117 bps YoY to 2.64% and credit costs increasing 79 bps YoY to 1.6%
- TTM profit growth has sharply decelerated to just 2% compared to 3-year CAGR of 22%, indicating earnings momentum loss
- Stock has delivered negative returns with 1-year CAGR of -10% and 3-year CAGR of -12%, reflecting sustained market de-rating
- Disbursement growth slowed significantly, falling 4.4% YoY and 7.3% QoQ in Q2 FY26 due to tighter underwriting standards
- TTM revenue growth has moderated to 10% from a 3-year CAGR of 28%, suggesting a growth slowdown
- Regulatory tightening in retail finance and rising cost of capital pose headwinds to the NBFC lending model
- FII/FPI ownership at 58.75% creates vulnerability to foreign capital outflows and exchange rate movements
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 1d ago Positives 2
- ₹2 dividend & AGM announced Aug 5
Board recommends final dividend of ₹2 per share for FY26. 42nd AGM scheduled for August 31, 2026 with record date of July 31, 2026.
- BRSR report filed for FY26 Aug 6
Five Star submitted its Business Responsibility and Sustainability Report for FY25-26, disclosing ESG metrics, workforce data, environmental footprint, and CSR initiatives.
Neutral 3
- Active investor engagement continues Aug 5
Virtual investor meetings scheduled with Sameeksha Capital (Aug 6) and Schroders (Aug 4), covering publicly available information.
- Independent Director term ends Jul 27
Anand Raghavan ceased to be Independent Director on July 27, 2026 after completing his second five-year term per SEBI regulations.
- Q1FY27 earnings call recording live Jul 27
Audio recording of the earnings conference call for quarter ended June 30, 2026 made available on the company website.
TL;DR: Five-Star Business Finance is in a steady operational phase with no visible headwinds in recent news flow. The company is returning capital to shareholders via a ₹2/share dividend, maintaining ESG disclosures, and actively engaging institutional investors. Board reconstitution after a director's term end is routine. The trend appears stable with governance and transparency signaling institutional confidence.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 480 | 519 | 567 | 616 | 666 | 702 | 727 | 752 | 787 | 799 | 815 | 817 | 829 |
| Expenses | 137 | 144 | 145 | 161 | 169 | 178 | 186 | 204 | 241 | 236 | 255 | 277 | 296 |
| Financing Profit | 248 | 269 | 294 | 318 | 339 | 361 | 370 | 373 | 359 | 384 | 371 | 358 | 361 |
| Fin. Margin % | 52% | 52% | 52% | 52% | 51% | 51% | 51% | 50% | 46% | 48% | 46% | 44% | 44% |
| Other Income | 3 | 4 | 3 | 3 | 3 | 4 | 4 | 7 | 5 | 7 | 7 | 9 | 10 |
| Interest | 96 | 106 | 129 | 138 | 158 | 163 | 171 | 175 | 187 | 180 | 189 | 181 | 172 |
| Depreciation | 5 | 6 | 7 | 7 | 6 | 7 | 8 | 9 | 8 | 9 | 10 | 10 | 9 |
| PBT | 246 | 267 | 290 | 313 | 336 | 358 | 365 | 371 | 355 | 382 | 369 | 357 | 362 |
| Tax % | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% |
| Net Profit | 184 | 199 | 217 | 236 | 252 | 268 | 274 | 279 | 266 | 286 | 277 | 269 | 271 |
| EPS in Rs | 6.3 | 6.84 | 7.42 | 8.07 | 8.6 | 9.16 | 9.33 | 9.48 | 9.04 | 9.72 | 9.41 | 9.12 | 9.19 |
| Gross NPA % | — | — | — | — | — | 1.47% | 1.62% | 1.79% | 2.46% | 2.64% | 3.18% | 3.37% | 3.46% |
| Net NPA % | — | — | — | — | — | 0.71% | 0.81% | 0.88% | 1.25% | 1.46% | 1.94% | 2% | 2.1% |
Profit & Loss
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 86 | 196 | 402 | 787 | 1,050 | 1,254 | 1,521 | 2,183 | 2,848 | 3,218 | 3,260 |
| Expenses | 30 | 64 | 107 | 210 | 237 | 337 | 439 | 582 | 733 | 1,004 | 1,064 |
| Financing Profit | 31 | 78 | 221 | 359 | 486 | 614 | 814 | 1,128 | 1,443 | 1,472 | 1,475 |
| Fin. Margin % | 37% | 40% | 55% | 46% | 46% | 49% | 54% | 52% | 51% | 46% | 45% |
| Other Income | 0 | 1 | 1 | 1 | 1 | 2 | 8 | 12 | 18 | 28 | 33 |
| Interest | 24 | 55 | 73 | 218 | 327 | 302 | 268 | 472 | 672 | 742 | 721 |
| Depreciation | 1 | 3 | 4 | 10 | 11 | 12 | 17 | 25 | 30 | 37 | 38 |
| PBT | 31 | 76 | 218 | 349 | 476 | 604 | 805 | 1,116 | 1,431 | 1,463 | 1,470 |
| Tax % | 37% | 28% | 28% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | — |
| Net Profit | 19 | 54 | 156 | 262 | 359 | 454 | 604 | 836 | 1,072 | 1,099 | 1,104 |
| EPS in Rs | 13.58 | 28.3 | 65.4 | 104 | 142 | 15.57 | 20.71 | 28.58 | 36.43 | 37.22 | 37.44 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 5% | 0% | — |
Balance Sheet
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 19 | 24 | 26 | 26 | 29 | 29 | 29 | 29 | 30 |
| Reserves | 210 | 573 | 1,341 | 1,919 | 2,293 | 3,681 | 4,310 | 5,167 | 6,275 | 7,351 |
| Borrowing | 452 | 528 | 922 | 2,364 | 3,425 | 2,559 | 4,247 | 6,316 | 7,922 | 8,200 |
| Other Liabilities | 14 | 14 | 31 | 45 | 50 | 74 | 116 | 177 | 194 | 209 |
| Total Liabilities | 690 | 1,134 | 2,317 | 4,353 | 5,794 | 6,343 | 8,703 | 11,689 | 14,421 | 15,790 |
| Fixed Assets | 5 | 0 | 10 | 28 | 25 | 33 | 45 | 64 | 86 | 88 |
| CWIP | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62 | 72 |
| Investments | 15 | 15 | 15 | 0 | 0 | 248 | 145 | 108 | 212 | 227 |
| Other Assets | 669 | 1,119 | 2,293 | 4,325 | 5,769 | 6,062 | 8,513 | 11,517 | 14,060 | 15,402 |
| Total Assets | 690 | 1,134 | 2,317 | 4,353 | 5,794 | 6,343 | 8,703 | 11,689 | 14,421 | 15,790 |
Cash Flow
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating | — | -457 | -940 | -1,523 | -157 | -277 | -1,123 | -2,122 | -1,045 | -264 |
| Investing | — | 10 | 14 | -132 | 102 | -384 | 162 | 210 | -586 | 228 |
| Financing | — | 393 | 1,010 | 1,725 | 1,033 | 7 | 1,688 | 2,106 | 1,593 | 157 |
| Net Cash Flow | — | -53 | 84 | 70 | 977 | -654 | 727 | 194 | -38 | 121 |
| Free Cash Flow | — | -461 | -946 | -1,533 | -160 | -286 | -1,135 | -2,145 | -1,128 | -290 |
| CFO/OP | — | -323 | -296 | -246 | -3 | -13 | -85 | -115 | -31 | 5 |
Ratios
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 9% | 13% | 16% | 16% | 17% | 15% | 15% | 18% | 19% | 16% |
Documents
1
Compliances-Reg.24(A)-Annual Secretarial Compliance
14h - Annual Secretarial Compliance Report for FY2026 filed; no non-compliances observed. 14h - Annual Secretarial Compliance Report for FY2026 filed; no non-compliances observed.
2
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
9h - Of Schedule of Investor/Analyst meetings under the SEBI (LODR), Regulations 2015 9h - Of Schedule of Investor/Analyst meetings under the SEBI (LODR), Regulations 2015
3
Approval Of Amendment To Code Of Fair Disclosure Under SEBI (Prohibition Of Insider Trading) Regulations 2015
28 Apr - Board approved amendments to Fair Disclosure Code under PIT regulations on April 28, 2026. 28 Apr - Board approved amendments to Fair Disclosure Code under PIT regulations on April 28, 2026.
4
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
29 Apr - Audio recording of Q4 and FY26 earnings call made available on website on April 29, 2026. 29 Apr - Audio recording of Q4 and FY26 earnings call made available on website on April 29, 2026.
5
Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Apr - Newspaper Publication - Audited Financial Results for quarter and year ended March 31, 2026 29 Apr - Newspaper Publication - Audited Financial Results for quarter and year ended March 31, 2026
3
Notice Of The 42Nd Annual General Meeting (AGM) Of Five-Star Business Finance Limited (Company) 6 Aug 2026
Intimation
Frequently Asked Questions about Five-Star Business Finance Ltd
What does Five-Star Business Finance Ltd do?
Incorporated in 1984, Five Star Business Finance Limited is an NBFC-ND-SI providing secured business loans to micro-entrepreneurs and self-employed individuals across South India.[1]
Where is Five-Star Business Finance Ltd (FIVESTAR) listed?
Five-Star Business Finance Ltd is listed on the Indian stock exchanges. It is listed on NSE: FIVESTAR and BSE: 543663. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Five-Star Business Finance Ltd belong to?
Five-Star Business Finance Ltd operates in the Financial Services sector within the NBFC industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Five-Star Business Finance Ltd?
Five-Star Business Finance Ltd has a market capitalisation of approximately ₹15361.16 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Five-Star Business Finance Ltd?
The Price-to-Earnings (PE) ratio of Five-Star Business Finance Ltd is 14.06. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Five-Star Business Finance Ltd?
Over the past 52 weeks, Five-Star Business Finance Ltd has traded between a low of ₹338.15 and a high of ₹666. This range helps investors understand the stock's price volatility and recent trading levels.
Does Five-Star Business Finance Ltd pay dividends?
Yes, Five-Star Business Finance Ltd has a dividend yield of 0.40%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Five-Star Business Finance Ltd?
Five-Star Business Finance Ltd has a Return on Equity (ROE) of 9.30%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Five-Star Business Finance Ltd on Tapetide?
On Tapetide, you can view Five-Star Business Finance Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1984, Five Star Business Finance Limited is an NBFC-ND-SI providing secured business loans to micro-entrepreneurs and self-employed individuals across South India.[1]
Website fivestargroup.in
CEO Mr. Lakshmipathy Deenadayalan
Employees 11,929
Listed 2022-11-21
Face Value ₹ 1
Issued Size 29,45,33,548