Five-Star Business Finance share price
NSE: FIVESTARBSE: 543663FinanceSmall Cap
Five-Star Business Finance Limited · Face value ₹1 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Nov 2022 · Issue price ₹474
Last close ₹413.70down ₹2.65 (0.64%)BSE ₹413.80
Share price at the NSE close on 28 Oct 2026. Previous close ₹416.35.
28 Oct: open ₹415.00, high ₹418.30, low ₹407.95
52-week range of traded prices to 28 Oct 2026
₹338.15Low, 23 Mar 2026₹666.00High, 31 Oct 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹12,212 Cr470th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 10.93
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.55
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.48%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 15.2%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Net interest margin in the glossary
- 19.05%
- Cost of fundsCost of funds. Interest paid ÷ the average of what the company pays interest on × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Cost of funds in the glossary
- 9.14%
- Credit costCredit cost. What was set aside for loans that may not be repaid ÷ average loans given × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Credit cost in the glossary
- 1.75%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026. Return on assets in the glossary
- 7.27%
- LeverageAssets per rupee of net worth. Average total assets ÷ average net worth: rupees of assets for each rupee of net worth; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Assets per rupee of net worth in the glossary
- 2.21times net worth
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 3,63,52942.3% delivered
About Five-Star Business Finance
Five-Star Business Finance is a Chennai-based non-banking finance company (NBFC) that lends to small business owners and self-employed individuals who are largely cut off from formal lending.12 All its loans are secured against the borrower's property, usually the family home.1 It works mainly in smaller towns where people remain underbanked (with little access to banks), in southern India and in states such as Madhya Pradesh, Maharashtra, Uttar Pradesh and Gujarat.31
The company was incorporated on 7 May 1984 and is registered with the Reserve Bank of India as an NBFC that does not take public deposits.4 For about its first 20 years it offered vehicle loans, consumer durable loans and hire purchase; it introduced secured small business loans around 2004 and later wound down the older products.5 Its loans fund business expansion, the repayment of borrowings from informal lenders, home renovation and needs such as marriage, education and emergencies, and in the year to Mar 2026 it entered pure housing loans.64
It raised capital from investors including Matrix Partners, Morgan Stanley, Norwest Venture Partners, Sequoia Capital, TPG and KKR, and its shares were listed on NSE and BSE in November 2022.3 Chairman and Managing Director Lakshmipathy Deenadayalan is its promoter; Matrix Partners and Peak XV Partners ceased to be promoters after the exchanges approved their reclassification on 21 Aug 2025.78 The company has no subsidiaries.9
Five-Star Business Finance key points
Results
- In the quarter to Sep 2026, total income was ₹8,750 million and net interest income (total income less interest expenses, as the company presents it) ₹7,073 million, against ₹8,065 million and ₹6,265 million a year earlier.10
- Profit after tax was ₹2,993 million in the quarter to Sep 2026 and ₹5,707 million in the half year, against ₹2,861 million and ₹5,524 million a year earlier. The latest figures include a ₹187.53 million reversal of excess tax provision for earlier years.11
- In the year to Mar 2026, revenue from operations was ₹3,245.97 crore, against ₹2,866.02 crore a year earlier, and profit after tax was ₹1,099 crore, against ₹1,073 crore.1213
Loan book by state
Loan book and deposits
- The loan book (AUM, the loans the company manages, including those it has securitised) was ₹14,640 crore at the end of Sep 2026, up 14% from a year earlier and 7% from the end of Jun 2026.16
- Disbursements (new loans paid out) in the quarter to Sep 2026 were ₹2,078 crore, the highest in the company's history, up 74% from a year earlier.17
- Loan book by loan size18
Item end of Sep 2026 end of Sep 2025 Up to ₹3 lakh 25% 30% ₹3 lakh to ₹5 lakh 49% 53% Above ₹5 lakh 26% 17% - Loans are typically made at a loan-to-value ratio (the loan as a share of the property's value) of about 50%, and about 85% to 90% of loans are disbursed for a tenure of 7 years.1920
Asset quality
- Gross Stage 3 assets (non-performing loans) were 3.48% of the loan book at the end of Sep 2026, and credit cost (loan losses and provisions) was 1.80% of average AUM in the quarter, against 1.85% in the quarter to Jun 2026.21
- Collection efficiency counted by customer (the share of customers who paid what was due, excluding non-performing loans) rose to 98.2% in the quarter to Sep 2026 from 97.9%, and loans 30 or more days overdue fell to 11.50% from 12.38%.22
Branches and reach
- The company had 875 branches in 11 states and union territories at the end of Sep 2026, 19 of them opened in the quarter, with 15,172 employees serving 514,202 loans.2324
- In the year to Mar 2026 it opened 96 branches: 70 by splitting existing branches that had grown past a set size, and 26 entirely new.25
- Digital payments made up 84% of collections in Mar 2026.26
Borrowings and credit ratings
- In the quarter to Sep 2026 the company borrowed ₹825 crore at an all-inclusive cost of 8.43%, and the average cost of its borrowings eased to 8.78% from 8.80% in the quarter to Jun 2026.27
- Its long-term credit rating is AA- from ICRA with a stable outlook, and AA- with a positive outlook from CARE Ratings and India Ratings.28
- Its lenders include State Bank of India, Bank of Baroda, Kotak Mahindra Bank, ICICI Bank, HSBC and the International Finance Corporation, and it raised $100 million from the Asian Development Bank to fund lower-income women borrowers.2930
- Its capital adequacy ratio (capital as a share of risk-weighted loans) was 51.89% at the end of Mar 2026, against the Reserve Bank of India's minimum of 15%.31
What the company expects
- In its presentation of 26 Oct 2026, the company said it expects credit slippages (loans newly turning non-performing) and credit cost to stay roughly flat for the rest of the year to Mar 2027, and its cost of funds to edge up as rates tighten.32
- On its earnings call of 27 Jul 2026, the company said it expects disbursements of ₹6,500 crore to ₹6,800 crore in the year to Mar 2027, enough to meet its guidance of 20% growth in the loan book.33
- On its earnings call of 27 Jul 2026, the company said it expects gross non-performing loans to fall below 3% and expected credit loss coverage (provisions held against expected loan losses) to stay at around 1.75% to 1.8%.3435
- On its earnings call of 27 Jul 2026, the company said it expects operating expenses to grow about 20% to 21% in the year to Mar 2027.36
Recent events
- Shankar Subramanian was appointed Chief Risk Officer with effect from 26 Oct 2026.37
- Anand Raghavan ceased to be an independent director on 27 Jul 2026, on completing his 10-year term.38
- Sreeram Iyer was appointed to the board as an independent director from 25 Jul 2026.39
- On 28 Apr 2026, the board recommended a final dividend of ₹2 a share for the year to Mar 2026.40
Last updated
All 40 sources, each with its page
- 1. Investor presentation, 26 Oct 2026, page 7
- 2. Annual report, 6 Aug 2026, page 133
- 3. Annual report, 6 Aug 2026, page 67
- 4. Annual report, 6 Aug 2026, page 47
- 5. Annual report, 6 Aug 2026, page 66
- 6. Investor presentation, 26 Oct 2026, page 10
- 7. Annual report, 6 Aug 2026, page 81
- 8. Annual report, 6 Aug 2026, page 59
- 9. Annual report, 6 Aug 2026, page 50
- 10. Investor presentation, 26 Oct 2026, page 37
- 11. Investor presentation, 26 Oct 2026, page 37
- 12. Annual report, 6 Aug 2026, page 47
- 13. Annual report, 6 Aug 2026, page 73
- 14. Investor presentation, 26 Oct 2026, page 11
- 15. Investor presentation, 26 Oct 2026, page 11
- 16. Investor presentation, 26 Oct 2026, page 6
- 17. Investor presentation, 26 Oct 2026, page 6
- 18. Investor presentation, 26 Oct 2026, page 28
- 19. Annual report, 6 Aug 2026, page 68
- 20. Earnings call, 27 Jul 2026, page 13
- 21. Investor presentation, 26 Oct 2026, page 6
- 22. Investor presentation, 26 Oct 2026, page 6
- 23. Investor presentation, 26 Oct 2026, page 11
- 24. Investor presentation, 26 Oct 2026, page 7
- 25. Annual report, 6 Aug 2026, page 71
- 26. Annual report, 6 Aug 2026, page 70
- 27. Investor presentation, 26 Oct 2026, page 6
- 28. Investor presentation, 26 Oct 2026, page 32
- 29. Investor presentation, 26 Oct 2026, page 32
- 30. Investor presentation, 26 Oct 2026, page 18
- 31. Annual report, 6 Aug 2026, page 50
- 32. Investor presentation, 26 Oct 2026, page 6
- 33. Earnings call, 27 Jul 2026, page 19
- 34. Earnings call, 27 Jul 2026, page 8
- 35. Earnings call, 27 Jul 2026, page 16
- 36. Earnings call, 27 Jul 2026, page 16
- 37. Investor presentation, 26 Oct 2026, page 21
- 38. Investor presentation, 26 Oct 2026, page 20
- 39. Investor presentation, 26 Oct 2026, page 20
- 40. Annual report, 6 Aug 2026, page 49
Results
Standalone; ₹ crore. Income from operations is what the business earns: interest on loans, fees, dividends and the rest.Five-Star Business Finance quarterly results
- Income from operations growth, 12 monthsIncome from operations growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +8.3%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +1.0%
Quarter to Sep 2026, against the quarter before
- Income from operationsIncome from operations. The pill is the change in income from operations against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹858 Crup 3.56%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹299 Crup 10.28%
Income from operations by quarter
Peak income from operations ₹858 Cr, quarter to Sep 2026; lowest ₹727 Cr, quarter to Dec 2024
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Income from operations | 727 | 752 | 787 | 799 | 815 | 817 | 829 | 858 |
| Net profit | 274 | 279 | 266 | 286 | 277 | 269 | 271 | 299 |
Standalone. The last eight quarters. The latest is shaded.
Year to Mar 2026, against the year before
- Income from operationsIncome from operations. The pill is the change in income from operations against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹3,218 Crup 13.00%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,099 Crup 2.45%
Income from operations by year
Peak income from operations ₹3,218 Cr, year to Mar 2026; lowest ₹1,529 Cr, year to Mar 2023
Net profit by year, a loss in red
| ₹ crore | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Income from operations | 1,529 | 2,183 | 2,848 | 3,218 |
| Net profit | 603 | 836 | 1,072 | 1,099 |
Standalone. Years to March. The latest is shaded.
Business segments
In the year to Mar 2026 the company reports one business segment, Financial Services, which carries all its revenue.
Valuation
Today, against the company's own history.Five-Star Business Finance PE ratio and valuation
Price to earnings
At or below today's level on 3% of 744 trading days over the last 3 years.
LowestHighest
Its median19.60Industry median19.45
Price to book
At or below today's level on 1% of 963 trading days since Dec 2022.
LowestHighest
Its median3.79Industry median1.08
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 98% of 963 trading days since Dec 2022.
LowestHighest
Its median0.00%Industry median0.78%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −50.7% | +1.9% | −52.2% | 0.6% |
| 3 years | −13.0% | +21.7% | −28.7% | 0.3% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.
Mutual fund holdings
91 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 41 of the 51 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 91 funds holding Five-Star Business Finance
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 2
- AddedAdded. Funds that held more shares than at the end of the month before.
- 17
- CutCut. Funds that held fewer shares than at the end of the month before.
- 34
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 38
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 7
| Fund | |||
|---|---|---|---|
 Kotak-Small Cap FundKotak Mahindra Mutual Fund | 77,80,174 | 2.10% | ₹402.1 Cr |
 HDFC Balanced Advantage FundHDFC Mutual Fund | 66,82,615 | 0.34% | ₹345.4 Cr |
 Sundaram Large and MidcapSundaram Mutual Fund | 45,20,688 | 3.28% | ₹233.7 Cr |
| HDFC Multi Cap FundHDFC Mutual Fund | 42,01,853 | 1.11% | ₹217.2 Cr |
| HDFC Mid Cap FundHDFC Mutual Fund | 38,59,478 | 0.20% | ₹199.5 Cr |
 Motilal Oswal Small Cap FundMotilal Oswal Mutual Fund | 33,76,892 | 2.10% | ₹174.5 Cr |
 Franklin India Small Cap FundFranklin Templeton Mutual Fund | 33,13,756 | 1.20% | ₹171.3 Cr |
| HDFC Large & Mid Cap FundHDFC Mutual Fund | 25,97,694 | 0.47% | ₹134.3 Cr |
| HDFC Banking & Financial Services FundHDFC Mutual Fund | 22,83,192 | 2.67% | ₹118.0 Cr |
| HDFC Value FundHDFC Mutual Fund | 22,17,230 | 1.43% | ₹114.6 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 29 Oct 2025.Five-Star Business Finance insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade
- Others: no market trade · 2 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Five-Star Business Finance competitors and peers
Non Banking Financial Company (NBFC), 279 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Five-Star Business Finance in market cap.Finance companies
Where the company sits among the companies nearest its size
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
 Poonawalla FincorpPOONAWALLA | 35,510 | 32.65 | 2.58 | +75.1% | +399.2% | 9.2% | – | 1.14% | 7.30% | 0.00% |
 Manappuram FinanceMANAPPURAM | 27,123 | 18.71 | 1.69 | +4.8% | +81.2% | 10.2% | – | 1.60% | 10.13% | 0.87% |
 IIFL FinanceIIFL | 22,758 | 9.13 | 1.47 | +35.4% | +190.5% | 17.6% | – | 2.32% | 8.82% | 0.75% |
 Capri Global CapitalCGCL | 22,289 | 17.02 | 2.80 | +52.9% | +82.8% | 17.9% | – | 3.55% | 8.36% | 0.09% |
 SBFC FinanceSBFC | 10,036 | 19.69 | 2.48 | +28.4% | +29.9% | 13.6% | – | 4.58% | 11.41% | 0.00% |
 Paisalo DigitalPAISALO | 7,424 | 27.97 | 3.83 | +23.6% | +28.0% | 14.7% | – | 4.11% | 9.71% | 0.13% |
 Bengal & Assam CompanyBENGALASM | 6,557 | 8.60 | 0.61 | +12.1% | +4.2% | 7.5% | 2.7% | – | – | 0.87% |
 Fedbank Financial ServicesFEDFINA | 5,559 | 12.82 | 1.76 | +21.5% | +76.6% | 14.8% | – | 2.28% | 9.19% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record; for ROCE and EV/EBITDA, where the company is a lender or an insurer; for NIM and ROA, where the company does not file a lender's accounts. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page. ROA is the year's profit over average total assets. NIM is net interest income over average loans and investments. Income growth is the growth of everything the company earns: interest, fees, premiums and the rest.
Dividends
Per share, by the year it was paid for, and the latest payments.Five-Star Business Finance dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹2.00 a share, years to Mar 2025 and Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 31 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹2.00 |
| 14 Aug 2025 | Final | ₹2.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Five-Star Business Finance announcements
Oct 2026
14 Oct · Analysts
13 Oct · Disclosure
Five-Star Business Finance share price by year
Each calendar year to 2025.Five-Star Business Finance share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 545.35 | −29.5% | 843.60 | 510.25 |
| 2024 | 773.80 | +5.3% | 900.40 | 609.90 |
| 2023 | 734.90 | +19.6% | 846.95 | 499.70 |
| 2022 | 614.70 | – | 624.60 | 490.00 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2022 is from its first session, 21 Nov 2022.
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 417.00 | 429.75 | 410.30 | 416.35 | 419.39 | 15,38,912 | 40.9% |
| 26 Oct 2026 | 448.00 | 448.00 | 409.00 | 414.85 | 422.16 | 20,96,511 | 55.2% |
| 23 Oct 2026 | 470.10 | 471.25 | 446.10 | 448.40 | 453.44 | 5,56,733 | 58.4% |
| 22 Oct 2026 | 473.55 | 475.40 | 466.05 | 471.80 | 470.51 | 4,61,065 | 58.2% |
| 21 Oct 2026 | 501.85 | 503.35 | 474.65 | 476.35 | 480.81 | 9,97,714 | 65.5% |
| 19 Oct 2026 | 503.00 | 511.00 | 496.70 | 501.55 | 502.65 | 3,27,111 | 49.7% |
| 16 Oct 2026 | 513.00 | 513.40 | 502.60 | 506.15 | 505.96 | 2,53,590 | 50.5% |
| 15 Oct 2026 | 512.00 | 516.05 | 507.35 | 513.25 | 511.74 | 2,66,931 | 57.1% |
| 14 Oct 2026 | 505.45 | 514.25 | 499.30 | 512.30 | 506.95 | 3,95,309 | 56.9% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- FIVESTAR
- BSE code
- 543663
- ISIN
- INE128S01021
- Industry
- Finance
- Website
- www.fivestargroup.in
- CIN
- L65991TN1984PLC010844
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1984
- Registered office
- New No. 27, Old No. 4, Taylors Road, Kilpauk, Chennai 600010, Tamil Nadu
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
In Nifty 500, BSE 500, Nifty Smallcap 250, BSE 250 SmallCap Index, BSE SmallCap, Nifty Total Market