Five-Star Business Finance share price & results

Five-Star Business Finance Limited· Financial Services

Results to: Sept 2026
Latest analysed call: Q1 FY27
Ownership as of: Sept 2026

Chennai NBFC giving small-ticket, property-secured business loans to self-employed small-business owners.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

Metric	Value	Change	Basis	Period	Note
Revenue	858 ₹ crore	+7.4% YoY	Quarterly, as filed	Quarter to Sept 2026	Revenue from operations as filed.
Operating margin	Unavailable	—	Operating profit / revenue	Quarter to Sept 2026	Not in the filed figures for the quarter to sept 2026. No older figure is substituted.
Net profit	299 ₹ crore	+4.5% YoY	Quarterly, as filed	Quarter to Sept 2026	Profit after tax as filed.
Return on equity	Unavailable	+3.1 ptsFY Mar 2019 vs FY Mar 2018	Trailing twelve months	TTM · period unavailable	Not in the analysed materials. No older figure is substituted.
Free cash flow margin	Unavailable	—	Fiscal year	FY · period unavailable	Not in the analysed materials. No older figure is substituted.
Revenue growth (YoY)	Unavailable	−27.6 ptsFY Mar 2019 vs FY Mar 2018	Trailing twelve months	TTM · period unavailable	Not in the analysed materials. No older figure is substituted.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Sept 2026

Guidance

What management said, and what became of it

2 of 8 judged targets kept · 17 open · verdicts reflect calls analysed to Q1 FY27.

Five-Star Business Finance Limited management guidance track record on Inve: 25 targets tracked across analysed earnings calls (2 achieved, 6 missed, 17 open).

Target	Original wording	Said	Latest call	Verdict
ROA	7.5-8.0% for FY26 Call transcript, Q4 FY25 · 30 Apr 2025	Q4 FY25	Q1 FY27:Historical target, remains achieved. Call transcript, Q1 FY27 · 27 Jul 2026	Achieved
AUM Growth	25% for FY25 Call transcript, Q3 FY25 · 1 Feb 2025	Q3 FY25	Q1 FY27:Historical target, remains missed. Call transcript, Q1 FY27 · 27 Jul 2026	Missed
Credit Cost	1.7% to 1.75% for FY27 Call transcript, Q4 FY26 · 29 Apr 2026	Q4 FY26	Q1 FY27:Q1 actual was 1.85%. Guidance revised up (worsened) to a range of 1.7% to 1.9% for FY27. Call transcript, Q1 FY27 · 27 Jul 2026	Revised Down

Source: Inve Guidance Tracker for Five-Star Business Finance Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

6 of Five-Star Business Finance Limited's 25 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 22 more targets are in the full ledger.

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Price

₹414.85 −7.48% · −₹33.55

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance −22.7% 1Y

1Y: ₹537 on 24 Oct 2025 → ₹414.85. High ₹660 (3 Nov 2025), low ₹347.3 (23 Mar 2026).

Previous close: ₹448.4
Market cap: ₹12.2k Cr
52-week range: ₹347.3 – ₹660
One year: −21.52%

Overview

Symbol: NSE:FIVESTAR
Sector: Financial Services
Exchange: NSE
Currency: INR

What Five-Star Business Finance Limited does

Based on the company's own presentations, annual report and earnings calls.

Five-Star Business Finance is a non-banking finance company (NBFC) that lends exclusively to small business owners and self-employed individuals with informal, cash-based incomes who are largely shut out of bank lending. Every loan is secured against the borrower's own residential property, and underwriting relies on a proprietary, ecosystem-based assessment of the borrower's cash-flow-generating ability rather than formal income documents or credit-bureau history. It has grown from a single-city lender since incorporation in 1984 into a branch-led business spanning southern and central India. The company also raises debt funding from banks, NBFCs and capital markets to finance its loan book.

Segments

Secured Business Loans

Branches: 844
States / UTs with branch presence: 11
Employees: 14,159
Live loan accounts: 496,435
Average loan ticket size: ₹3–5 lakh
Core operating geography: Southern India (Tamil Nadu, Andhra Pradesh, Telangana, Karnataka) plus Madhya Pradesh, Maharashtra, Uttar Pradesh, Chhattisgarh, Rajasthan and Gujarat

Founded 1984Headquarters Chennai, Tamil Nadu, IndiaEmployees 14,159 (2026-03-31) Company website

How the price took the results

close before → close after

Q1 FY27: +0.9%; 27 Jul
Q4 FY26: −0.5%; 29 Apr
Q3 FY26: −11.5%; 29 Jan
Q2 FY26: +12.7%; 29 Oct

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Guidance

What management said, and what became of it

2 of 8 judged targets kept · 17 open · verdicts reflect calls analysed to Q1 FY27.

Five-Star Business Finance Limited management guidance track record on Inve: 25 targets tracked across analysed earnings calls (2 achieved, 6 missed, 17 open).

Target	Original wording	Said	Latest call	Verdict
ROA	7.5-8.0% for FY26 Call transcript, Q4 FY25 · 30 Apr 2025	Q4 FY25	Q1 FY27:Historical target, remains achieved. Call transcript, Q1 FY27 · 27 Jul 2026	Achieved
AUM Growth	25% for FY25 Call transcript, Q3 FY25 · 1 Feb 2025	Q3 FY25	Q1 FY27:Historical target, remains missed. Call transcript, Q1 FY27 · 27 Jul 2026	Missed
Credit Cost	1.7% to 1.75% for FY27 Call transcript, Q4 FY26 · 29 Apr 2026	Q4 FY26	Q1 FY27:Q1 actual was 1.85%. Guidance revised up (worsened) to a range of 1.7% to 1.9% for FY27. Call transcript, Q1 FY27 · 27 Jul 2026	Revised Down

Source: Inve Guidance Tracker for Five-Star Business Finance Limited · to Q1 FY27

The full ledger

Open Five-Star Business Finance Limited’s full ledger

A free account opens 5 company ledgers a month. All 25 tracked commitments, with each call’s wording and source.

Browse the register

Latest analysed call: Q1 FY27, 27 Jul 2026. 7 calls analysed.

No analysed call after Q1 FY27, though results run to Sept 2026.

Call summaries

Q1 FY27 — 27 Jul 2026

Five-Star Business Finance Limited Q1 FY27

Five-Star Business Finance reported a strong Q1 FY27, driven by record disbursements and sequential AUM growth. Asset quality metrics showed improvement with reduced 30-plus book and lower credit costs, while profitability remained healthy with an 8.11% ROA and 14.5% ROE. Management anticipates further yield contraction but expects cost of funds to also trend down, maintaining spreads and guiding for 20% loan growth and sub-3% GNPA for the full year.

Read the full call

Q4 FY26 — 29 Apr 2026

Five-Star Bus.Fi Q4 FY26

Five-Star Business Finance Limited reported a strong Q4 FY26, demonstrating significant improvement in asset quality metrics with collection efficiency at 98.1% and slippage ratio dropping to 0.7%. Despite a challenging year, the company achieved 2% PAT growth for FY26 and secured substantial funding from ADB. Management expressed confidence in a robust growth trajectory for FY27, targeting 20% AUM growth, supported by strengthened collection infrastructure and strategic branch expansion.

Read the full call

Q3 FY26 — 29 Jan 2026

Five-Star Bus.Fi Q3 FY26

Five-Star Business Finance is currently navigating a 'behavioral crisis' in the small-ticket loan segment by prioritizing collections over aggressive growth. The company has intentionally moderated disbursements to fix asset quality issues, following a 3-step approach of understanding, fixing, and then accelerating. While profitability remains stable with a 7% RoA, management is focused on building a robust collection vertical and improving the credit culture among borrowers rather than resorting to large-scale technical write-offs.

Read the full call

Summaries of each call, in Inve’s own words; the transcript is not reproduced. Not investment advice.

Every analysed call

Five-Star Business Finance Limited earnings calls (FIVESTAR)

Fundamentals

Ratios, each with its period

Current values with the period they cover; the trend reads across the 5 fiscal years held (Mar 2015 to Mar 2019).

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
19.00% 0.00% 0.00% 0.00% 0.00%

How it is calculated. Reported dividend payout as a percentage of annual profit.
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
— — — — —

How it is calculated. Market capitalisation from the current stock record.

Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019
19.00%	0.00%	0.00%	0.00%	0.00%

Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019
—	—	—	—	—

A dash means inputs are missing or too old, the ratio does not apply, or the value is outside the supported range. FY uses the reported fiscal period; TTM the latest twelve months; valuations use the current market cap with the chosen earnings period. Screen Indian stocks on these ratios →

Financials

What the filings say

Net profit, year on year: +5% (quarter to sept 2026 against sept 2025).

In ₹ crore. Oldest period first.

Line item	Dec 2024	Mar 2025	Jun 2025	Sept 2025	Dec 2025	Mar 2026	Jun 2026	Sept 2026
Sales	727	752	787	799	815	817	829	858
Expenses	186	204	241	236	255	277	296	323
Other income	4	7	5	7	7	9	10	17
Interest	171	175	187	180	189	181	172	168
Depreciation	8	9	8	9	10	10	9	10
Profit before tax	365	371	355	382	369	357	362	375
Tax rate	25.0%	25.0%	25.0%	25.0%	25.0%	25.0%	25.0%	20.0%
Net profit	274	279	266	286	277	269	271	299
EPS (₹ per share)	9.33	9.48	9.04	9.72	9.41	9.12	9.19	10.14

Source: Inve data · income statement, quarterly · to Sept 2026

In ₹ crore. Oldest period first.

Line item	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales	1,522	2,182	2,847	3,218
Expenses	440	587	737	1,009
Other income	8	13	18	28
Interest	266	469	667	737
Depreciation	18	25	30	37
Profit before tax	805	1,116	1,430	1,463
Net profit	603	836	1,073	1,098

Source: Inve data · income statement, annual · to Mar 2026

In ₹ crore. Oldest period first.

Line item	Mar 2023	Mar 2024	Mar 2025	Sept 2025	Mar 2026	Sept 2026
Equity capital	29	29	29	29	30	30
Reserves	4,310	5,167	6,275	6,777	7,351	7,874
Borrowings	4,247	6,316	7,922	—	8,200	7,968
Other liabilities	116	177	194	252	209	307
Total liabilities	8,703	11,689	14,421	15,435	15,790	16,178
Fixed assets	45	64	86	92	88	89
Capital work in progress	0	0	62	72	72	72
Investments	145	108	212	220	227	235
Other assets	8,513	11,517	14,060	15,051	15,402	15,782
Total assets	8,703	11,689	14,421	15,435	15,790	16,178

Source: Inve data · balance sheet · to Sept 2026

In days and %. Oldest period first.

Line item	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Return on equity	17.0%	15.0%	15.0%	18.0%	19.0%	16.0%
Dividend payout	0.0%	0.0%	0.0%	0.0%	5.0%	5.0%

Source: Inve data · annual ratios · to Mar 2026

Ownership

Who owns it

Foreign institutions hold 43.54% as of Sept 2026; institutions added 0.76 pts since Jun 2026.

Promoters 0.00 pts 18.61%
Foreign institutions −0.43 pts 43.54%
Domestic institutions +1.19 pts 23.54%
Public −0.74 pts 14.33%

98,866 shareholders on the register.

Source: Exchange shareholding filings · to Sept 2026 · 8 filings held

Who was buying across the market this quarter

Who bought this quarter

since Jun 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

Mutual fund newly disclosed 1.12% held
Global fund house +0.26 pp 2.86% held
Mutual fund +0.17 pp 1.20% held
Mutual fund +0.15 pp 2.64% held
Global fund house +0.12 pp 1.20% held

The same filing shows 2 holders trimming and 1 off the list — both are in the register beside this.

Who is on the register

Named in the Sep 2026 filing

Every holder of Five-Star Business Finance Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.

Holder	Stake	Change
	10.51%	unchanged
Mutual fund	7.51%	unchanged
	7.18%	unchanged
FPI fund	5.96%	unchanged
Mutual fund	3.04%	−0.07 pp
VC / PE	2.89%	unchanged
Global fund house	2.86%	+0.26 pp
Mutual fund	2.64%	+0.15 pp
VC / PE	2.39%	unchanged
Sovereign	1.74%	−0.09 pp
VC / PE	1.74%	unchanged
VC / PE	1.61%	unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Mutual funds in FIVESTAR

Filings to Sep 2026

0 new, 1 added, 4 trimmed, 0 sold out — net +0.55 L shares (+0.2%).

Held by funds: ₹1.2k Cr; 11 schemes
Biggest holder: HDFC Balanced Advantage Fund; ₹345 Cr · 0.3% of that fund

Scheme	Holding	Last month	Held since
HDFC Balanced Advantage Fund HDFC Mutual Fund	₹345 Cr	held	Nov '24
HDFC Multi Cap Fund HDFC Mutual Fund	₹217 Cr	held	Nov '23
HDFC Mid Cap Fund HDFC Mutual Fund	₹199 Cr	held	Nov '23
HDFC Large & Mid Cap Fund HDFC Mutual Fund	₹134 Cr	held	Nov '23
HDFC Banking & Financial Services Fund HDFC Mutual Fund	₹118 Cr	held	Dec '22
HDFC Value Fund HDFC Mutual Fund	₹115 Cr	+0.71 L	Nov '25
Nippon India Nifty Smallcap 250 Index Fund Nippon India Mutual Fund	₹15 Cr	−0.09 L	Mar '23
SBI Nifty Smallcap 250 Index Fund SBI Mutual Fund	₹8 Cr	−0.05 L	Mar '23

HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.

Mutual funds Sep 2026

1 added, 4 trimmed — net +55,436 shares (+0.2%)

Funds are sitting on: -33%; vs est. average cost
Held by funds: ₹1.2k Cr; 11 schemes · ≈ 7.6% of the company
Biggest holder: HDFC Balanced Advantage Fund; ₹345 Cr · 0.3% of that fund
Longest holder: HDFC Banking & Financial Services Fund; 3y 10m · since Dec '22

Shares held by these funds +2384%

Oct '23 2.23 cr shares Sep '26

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