# Five-Star Business Finance (FIVESTAR) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/fivestar

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹423.6
- Change: -1.45%
- As of: 2026-11-06
- 1D return: -1.45%
- 5D return: +6.74%
- 1M return: -15.65%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

FIVESTAR is trading at ₹423.60 on 2026-11-06, reflecting a significant downtrend across daily and weekly horizons. The stock is positioned below all key moving averages (EMA/SMA 20/50) and the Supertrend indicator on these timeframes, with an ADX of 34.2 confirming established trend strength. Despite this bearish structure, the monthly timeframe shows a bullish Supertrend direction and weak momentum (ADX 9.16), suggesting a potential long-term consolidation or reversal zone. Price action has been volatile, marked by an extreme volume-driven upward move (+8.2%) on 2026-11-05 and a recent gap up on 2026-11-02, though the current price remains near the lower end of its 20-day and 252-day ranges. Immediate support lies at ₹423.27 (0.08% below) and ₹420.87 (0.65% below), while resistance is clustered at ₹428.98 (pivot, +1.27%) and ₹437.97 (high, +3.39%). A monthly Harami pattern is currently active, indicating indecision that could precede a directional move. The stock carries high risk, with annualized volatility at 41.0% and a current drawdown of -49.8%.

- Trend Structure: Daily and weekly trends are bearish with strong conviction (Daily ADX 34.2); Monthly trend is weakly defined but Supertrend remains bullish.
- Price Positioning: Trading at ₹423.60, near immediate support at ₹423.27; Resistance at ₹428.98 (pivot) and ₹437.97 (high).
- Momentum & Volatility: High volatility (ATR 4.58%, Annualized Vol 41.0%); Recent extreme volume spike (+8.2% return) on 2026-11-05 suggests active participation despite overall negative returns (-17.6% in 1 month).
- Monitoring Conditions: A close above ₹428.98 would challenge daily bearishness; a break below ₹420.87 would reinforce downside risk toward ₹414.45.

- Harami
- Doji
- Shooting Star
- Bearish Engulfing Reversal
- Outside Bar
- Inside Bar

### News Context

Five-Star Business Finance reported Q2 FY27 results for the period ended September 30, 2026, highlighting a significant expansion in lending activity alongside stable asset quality. The company achieved record quarterly disbursements of ₹2,078 crores, marking a 74% year-on-year increase and a 39% quarter-on-quarter rise. Assets Under Management (AUM) grew 14% YoY to ₹14,640 crores. Profit After Tax (PAT) stood at ₹299 crores, up 5% YoY and 10% sequentially, though this figure included a one-time tax benefit of ₹19 crores. Asset quality metrics showed Gross Stage-3 assets at 3.48%, while the Net Interest Margin remained stable at 19.87%. Management guided for flattish credit slippages and announced a yield increase of approximately 1% on incremental disbursements effective October 2026. On the operational front, Shankar Subramanian was appointed as Chief Risk Officer, and Anand Raghavan ceased his directorship after a 10-year term. Despite these operational gains, the stock has faced substantial headwinds, with a -32.1% return over the past year and a current drawdown of -49.8% as of November 6, 2026.

- Record Disbursements: Quarterly loan disbursements reached ₹2,078 crores (+74% YoY), driving AUM growth of 14% YoY to ₹14,640 crores.
- Profitability & Yield: PAT increased 5% YoY to ₹299 crores (including ₹19 crore one-time tax benefit); management raised yields by ~1% on new loans from October 2026.
- Asset Quality: Gross Stage-3 assets held at 3.48%, with Net Interest Margin stable at 19.87%; management guided for flattish credit costs.
- Management Changes: Shankar Subramanian appointed as Chief Risk Officer; Anand Raghavan stepped down as Director after 10 years.

- Transcript of the Earnings Conference Call for the quarter and half year ended September 30, 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Integrated Filing- Financials|Revision|As per the BSE email dated October 19,2026, the Paid-up equity share capital has been given in Lakhs.
- Newspaper Publication Unaudited financial Results for the quarter and half year endedSeptember 30, 2026 |SUBJECT: Copy of Newspaper Publication
- Five-Star Business Finance Limited has informed the Exchange regarding a press release dated October 26, 2026, titled "Investor Press Release for Q2FY2027". |SUBJECT: Press Release
- Five-Star Business Finance Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation

### Official Filings

Five-Star Business Finance Limited reported unaudited financial results for Q2 and H1 FY2027 (ended September 30, 2026), highlighting significant growth in lending activity alongside stable asset quality. The company achieved record quarterly disbursements of ₹2,078 crores, marking a 74% year-on-year increase, while Assets Under Management (AUM) grew 14% to ₹14,640 crores. Profit After Tax (PAT) for the quarter stood at ₹299 crores, up 5% year-on-year and 10% sequentially, though this included a one-time tax benefit of ₹19 crores. Asset quality metrics showed Gross Stage 3 assets at 3.48% and 30+ Days Past Due (DPD) at 11.5%, with management guiding to flattish credit slippages for the remainder of the year. To support continued growth, the company announced a yield increase of approximately 1% on incremental disbursements effective October 2026.

Concurrently, the Board approved key leadership changes effective October 26, 2026. Mr. Shankar Subramanian was appointed as Chief Risk Officer for a three-year term, succeeding Mr. Jayaraman S, who stepped down due to an internal movement. Additionally, Mr. Anand Raghavan ceased his directorship following the completion of a 10-year term. These governance updates coincide with the release of financial data that confirms the company's expanding scale and disciplined risk management practices.

- Record Disbursements: Quarterly loan disbursements reached ₹2,078 crores (+74% YoY), with AUM growing 14% YoY to ₹14,640 crores.
- Profitability & Guidance: Q2 PAT was ₹299 crores (+5% YoY), including a ₹19 crore one-time tax benefit; management guided to flattish credit costs and announced a ~1% yield increase on new loans effective October 2026.
- Asset Quality: Gross Stage 3 assets were 3.48%, and 30+ DPD stood at 11.5% as of September 30, 2026.
- Leadership Changes: Shankar Subramanian appointed CRO for three years effective October 26, 2026; Jayaraman S ceased as CRO due to internal movement; Anand Raghavan’s directorship ended after 10 years.

- [Transcript of the Earnings Conference Call for the quarter and half year ended September 30, 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/FIVESTAR_30102026113317_TranscriptofEarningsConferenceCall.pdf)
- [Integrated Filing- Financials|Revision|As per the BSE email dated October 19,2026, the Paid-up equity share capital has been given in Lakhs.](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1750005_30102026050639_WEB.xml)
- [Newspaper Publication Unaudited financial Results for the quarter and half year endedSeptember 30, 2026 |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/FIVESTAR_27102026111522_IntimationNewspaperpublication.pdf)
- [Five-Star Business Finance Limited has informed the Exchange regarding a press release dated October 26, 2026, titled "Investor Press Release for Q2FY2027". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026165303_PressRelease.pdf)
- [Five-Star Business Finance Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026164956_InvestorPresentation.pdf)
- [Five-Star Business Finance Limited has submitted to the Exchange, the financial results for the Quarter and Half year ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026170839_OutcomeofBoardMeeting.pdf)
- [Five-Star Business Finance Limited has informed the Exchange regarding Appointment of Mr Shankar Subramanian as Chief Risk Officer of the company w.e.f. October 26, 2026. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026175701_AppointmentofCRO.pdf)
- [Five-Star Business Finance Limited has informed the Exchange regarding Cessation of Mr Jayaraman S as Chief Risk Officer due to internal movement within the Company w.e.f. October 26, 2026. |SUBJECT: Cessation](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026180035_AppointmentofCRO.pdf)
- [FIVE-STAR BUSINESS FINANCE LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_20187_WebXMLFile_20261026_183301524.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1746173_26102026070534_WEB.xml)

### Fundamentals

Five-Star Business Finance demonstrates a clear trajectory of improving profitability and operational efficiency in the second quarter of FY2026-27. Revenue from operations rose to ₹858 crore, up from ₹829 crore in Q1, while net profit increased significantly to ₹299 crore from ₹271 crore. This growth was supported by a sequential decline in finance costs to ₹168 crore (from ₹172 crore) and stable impairment charges at ₹64.3 crore. The company’s financing margin contracted to 43% in Sep 2026 from 51% in Sep 2024, reflecting competitive pricing or asset mix shifts, yet earnings per share improved to ₹10.14.

Financial health remains robust with total loans growing to ₹14,390 crore as of Sep 2026, up from ₹12,607 crore a year prior. Borrowing levels are manageable, standing at ₹7,968 crore in Sep 2026 against fixed assets of ₹89 crore and investments of ₹235 crore. Cash flow dynamics show a continued reduction in negative operating cash flow, narrowing to -₹264 for the year ended Mar 2026. Shareholding patterns indicate a notable shift, with DIIs increasing their stake to 23.54% while FIIs reduced theirs to 43.54%. The most critical checkpoint is whether the company can sustain loan book expansion and margin stability as interest costs and credit quality evolve in subsequent quarters.

- Q2 FY2026-27 Net Profit rose to ₹299 crore (up from ₹271 crore in Q1), driven by revenue growth to ₹858 crore and lower finance costs of ₹168 crore.
- Financing Margin declined to 43% in Sep 2026 from 51% in Sep 2024, though EPS improved sequentially to ₹10.14.
- Loan book expanded to ₹14,390 crore as of Sep 2026, up from ₹12,607 crore in Sep 2025, indicating sustained business growth.
- DIIs increased their holding to 23.54% in Sep 2026, while FIIs reduced theirs to 43.54%, signaling a shift in institutional ownership.

### Bear Case

As of November 6, 2026, Five-Star Business Finance exhibits significant technical weakness and substantial capital erosion. The stock has declined 46.5% since the start of the tracking period, with a year-to-date drop of 20.7%. Recent momentum indicators are bearish across daily and weekly timeframes; the daily Supertrend is bearish, supported by a downward-sloping 20-day EMA (-21.33) and SMA (-25.15). The Average Directional Index (ADX) at 34.2 on the daily chart suggests strong trend intensity in the current downtrend, while the Minus DI (29.82) significantly outweighs the Plus DI (21.08), indicating dominant selling pressure. Price action remains below key resistance levels, with immediate resistance at ₹428.98 and stronger barriers at ₹437.97. Volatility is elevated, with annualized volatility at +41.0% and an ATR of 4.58%, reflecting heightened price uncertainty. The stock is currently trading near its recent low support at ₹423.27, having fallen from a previous close of ₹429.85.

- Severe Drawdown: The stock has suffered a maximum drawdown of -58.8% and is currently in a -49.8% drawdown, with a YTD return of -20.7% and a 1-month return of -17.6%.
- Bearish Momentum: Daily and weekly Supertrends are bearish; the daily ADX (34.2) confirms strong downward trend intensity, with Minus DI (29.82) dominating Plus DI (21.08).
- High Volatility: Annualized volatility stands at +41.0% with an ATR of 4.58%, indicating significant price fluctuation and risk.
- Technical Resistance: Immediate resistance is located at ₹428.98 (pivot), with further resistance at ₹437.97 (high); the stock closed at ₹423.6, testing lower support levels.

- [Transcript of the Earnings Conference Call for the quarter and half year ended September 30, 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/FIVESTAR_30102026113317_TranscriptofEarningsConferenceCall.pdf)
- [Integrated Filing- Financials|Revision|As per the BSE email dated October 19,2026, the Paid-up equity share capital has been given in Lakhs.](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1750005_30102026050639_WEB.xml)
- [Newspaper Publication Unaudited financial Results for the quarter and half year endedSeptember 30, 2026 |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/FIVESTAR_27102026111522_IntimationNewspaperpublication.pdf)
- [Five-Star Business Finance Limited has informed the Exchange regarding a press release dated October 26, 2026, titled "Investor Press Release for Q2FY2027". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026165303_PressRelease.pdf)
- [Five-Star Business Finance Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026164956_InvestorPresentation.pdf)
- [Five-Star Business Finance Limited has submitted to the Exchange, the financial results for the Quarter and Half year ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026170839_OutcomeofBoardMeeting.pdf)
- [Five-Star Business Finance Limited has informed the Exchange regarding Appointment of Mr Shankar Subramanian as Chief Risk Officer of the company w.e.f. October 26, 2026. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026175701_AppointmentofCRO.pdf)
- [Five-Star Business Finance Limited has informed the Exchange regarding Cessation of Mr Jayaraman S as Chief Risk Officer due to internal movement within the Company w.e.f. October 26, 2026. |SUBJECT: Cessation](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026180035_AppointmentofCRO.pdf)
- [FIVE-STAR BUSINESS FINANCE LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_20187_WebXMLFile_20261026_183301524.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1746173_26102026070534_WEB.xml)

### FAQs

**What were the key financial results for Five-Star Business Finance in Q2 FY27?**

For the quarter ended September 30, 2026, Five-Star reported a Profit After Tax (PAT) of ₹299 Crores, up 5% year-on-year and 10% sequentially. This figure included a one-time tax benefit of ₹19 Crores. Assets Under Management (AUM) grew 14% YoY to ₹14,640 Crores, while quarterly disbursements reached a record high of ₹2,078 Crores, representing a 74% YoY increase.

**How has the company's asset quality and cost of funds changed recently?**

Asset quality metrics showed Gross Stage 3 assets at 3.48%, with 30+ Days Past Due (DPD) at 11.5%. The Net Interest Margin remained stable at 19.87%. On the funding side, the all-inclusive cost on incremental debt was 8.43% on ₹825 Crores raised. Management guided for flattish credit slippages and credit costs for the remainder of the year.

**What strategic changes did management announce regarding pricing and leadership?**

Management announced a yield increase of approximately 1% on incremental disbursements effective October 2026. Leadership changes include the appointment of Shankar Subramanian as Chief Risk Officer effective October 26, 2026, and the cessation of Anand Raghavan’s directorship following a 10-year term.

**What is the current technical trend and price performance of the stock?**

As of November 6, 2026, the daily technical trend is bearish, with the stock trading at ₹423.60. The stock has declined 32.1% over the past year and 20.7% year-to-date. It is currently near support levels around ₹414–₹420, with resistance at ₹428.98. The monthly trend remains bullish despite short-term weakness.

- [Transcript of the Earnings Conference Call for the quarter and half year ended September 30, 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/FIVESTAR_30102026113317_TranscriptofEarningsConferenceCall.pdf)
- [Integrated Filing- Financials|Revision|As per the BSE email dated October 19,2026, the Paid-up equity share capital has been given in Lakhs.](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1750005_30102026050639_WEB.xml)
- [Newspaper Publication Unaudited financial Results for the quarter and half year endedSeptember 30, 2026 |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/FIVESTAR_27102026111522_IntimationNewspaperpublication.pdf)
- [Five-Star Business Finance Limited has informed the Exchange regarding a press release dated October 26, 2026, titled "Investor Press Release for Q2FY2027". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026165303_PressRelease.pdf)
- [Five-Star Business Finance Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026164956_InvestorPresentation.pdf)
- [Five-Star Business Finance Limited has submitted to the Exchange, the financial results for the Quarter and Half year ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026170839_OutcomeofBoardMeeting.pdf)
- [Five-Star Business Finance Limited has informed the Exchange regarding Appointment of Mr Shankar Subramanian as Chief Risk Officer of the company w.e.f. October 26, 2026. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026175701_AppointmentofCRO.pdf)
- [Five-Star Business Finance Limited has informed the Exchange regarding Cessation of Mr Jayaraman S as Chief Risk Officer due to internal movement within the Company w.e.f. October 26, 2026. |SUBJECT: Cessation](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026180035_AppointmentofCRO.pdf)
- [FIVE-STAR BUSINESS FINANCE LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_20187_WebXMLFile_20261026_183301524.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1746173_26102026070534_WEB.xml)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Moderate Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹428.98
- Risk regime: Higher Price Risk

### Support levels
- 423.275
- 414.45000000000005
- 348.8

### Resistance levels
- 450.5
- 542.19375
- 624.4

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -1.45% |
| return_10 | -5.53% |
| return_1m | -17.64% |
| return_1y | -32.15% |
| return_20 | -15.65% |
| return_3m | -23.43% |
| return_5 | +6.74% |
| return_6m | -12.60% |
| return_since_start | -46.49% |
| return_ytd | -20.73% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -58.83% |
| annualized_volatility | +41.00% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Five-Star Business Finance Limited Q2 FY2026-27: Revenue and profit hit series highs

Revenue from operations rose 3.6% quarter on quarter and 7.4% year on year to ₹858 crore, while profit for the period increased 10.3% sequentially and 4.6% year on year to ₹299 crore. The loan book expanded from March-end, but operating cash flow was negative ₹771 crore and cash and bank balances fell materially over the same period.

## Revenue and earnings growth

Revenue from operations reached its highest level in the supplied quarterly series, up from ₹829 crore in Q1 FY2026-27 and ₹799 crore in Q2 FY2025-26. Interest earned increased 3.2% sequentially to ₹833 crore. Other income rose to ₹16.6 crore from ₹9.8 crore in Q1, taking total income to ₹875 crore, up 4.3% quarter on quarter and 8.5% year on year.

Profit before exceptional items and tax rose 3.5% from Q1 to ₹375 crore, though it was 1.9% below Q2 FY2025-26. Profit for the period was ₹299 crore, compared with ₹271 crore in Q1 and ₹286 crore a year earlier. Basic earnings per share increased to ₹10.14 from ₹9.19 in Q1 and ₹9.72 in Q2 FY2025-26. Tax expense declined to ₹75 crore from ₹91 crore sequentially, contributing to net profit growing faster than pre-tax profit.

## Expenses and impairment

Total expenses increased 4.9% sequentially to ₹500 crore, faster than revenue from operations. Other expenses rose 19.8% to ₹54 crore, while employee benefit expense was ₹204 crore. Finance costs declined 2.2% to ₹168 crore.

Impairment on financial instruments increased 4.1% quarter on quarter to ₹64 crore and was 26.1% higher than in Q2 FY2025-26. The rise in expenses and impairment is an important counterpoint to the quarter’s revenue and profit growth.

## Loan book, funding and balance sheet

Loans stood at ₹14,390 crore on 30 September 2026, up from ₹12,985 crore on 31 March 2026 and ₹12,607 crore on 30 September 2025. Borrowings were ₹7,401 crore, slightly below ₹7,417 crore at March-end. Financial liabilities also declined, from ₹8,338 crore at March-end to ₹8,174 crore.

Total assets were ₹16,178 crore, compared with ₹15,790 crore at 31 March 2026. Equity increased to ₹7,903 crore from ₹7,380 crore over the same period. The larger loan book alongside higher equity and broadly stable borrowings marks an expansion in the company’s balance sheet since March-end.

## Cash flow and liquidity

Operating cash flow was negative ₹771 crore in Q2 FY2026-27. Investing cash flow was positive ₹477 crore, resulting in free cash flow of negative ₹294 crore; financing cash flow was negative ₹292 crore.

Cash and cash equivalents fell to ₹1,032 crore at 30 September 2026 from ₹1,618 crore at 31 March 2026. Bank balances other than cash and cash equivalents also declined, to ₹95 crore from ₹531 crore. These lower balances accompanied the expansion in the loan book and warrant attention alongside the quarter’s profit growth.

## Comprehensive income and related-party transactions

Comprehensive income was ₹306 crore, up 13.2% sequentially from ₹271 crore. Other comprehensive income was ₹7.0 crore, compared with a loss of ₹0.9 crore in Q1 FY2026-27.

Related-party transactions during the quarter totalled ₹6.2 crore, up 7.2% from ₹5.8 crore in Q2 FY2025-26. The audit committee ratified transactions of ₹6.2 crore.

## Key Takeaway

Five-Star Business Finance delivered sequential and year-on-year growth in revenue and profit, with its loan book also larger than at March-end. The key counterpoint is cash generation: operating and free cash flow were negative, while cash and other bank balances fell materially over the period.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +18.61%
- FII holding: +28.72%
- DII holding: +22.35%
- Mutual fund holding: +17.82%
- Retail holding: +8.15%
- Promoter pledged: +0.00%

### Major reported shareholders

- D  LAKSHMIPATHY — +10.51%
- HDFC MUTUAL FUND - HDFC BSE 500 ETF — +7.48%
- HEMA — +7.18%
- SIRIUS II PTE. LTD. — +5.96%
- SUNDARAM MUTUAL FUND A/C SUNDARAM SMALL CAP FUND — +3.11%
- PEAK XV PARTNERS INVESTMENTS V — +2.89%
- FIDELITY FUNDS - INDIA FOCUS FUND — +2.60%
- KOTAK SMALL CAP FUND — +2.49%
- NORWEST VENTURE PARTNERS X - MAURITIUS — +2.39%
- GOVERNMENT PENSION FUND GLOBAL — +1.83%

## Official filings

- 2026-10-30 — Generic Announcement: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FIVESTAR_30102026113317_TranscriptofEarningsConferenceCall.pdf)
- 2026-10-30 — Financial Results Filing: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1750005_30102026050639_WEB.xml)
- 2026-10-27 — Generic Announcement: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FIVESTAR_27102026111522_IntimationNewspaperpublication.pdf)
- 2026-10-26 — Press Release: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026165303_PressRelease.pdf)
- 2026-10-26 — Earnings Presentation: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026164956_InvestorPresentation.pdf)
- 2026-10-26 — Generic Announcement: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026170839_OutcomeofBoardMeeting.pdf)
- 2026-10-26 — Management Change: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026175701_AppointmentofCRO.pdf)
- 2026-10-26 — Generic Announcement: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026180035_AppointmentofCRO.pdf)
- 2026-10-26 — Generic Announcement: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_20187_WebXMLFile_20261026_183301524.xml)
- 2026-10-26 — Financial Results Filing: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1746173_26102026070534_WEB.xml)
- 2026-10-26 — Generic Announcement: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026193810_Earnings_call_audio_recordings.pdf)
- 2026-10-26 — Generic Announcement: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FIVESTAR_26102026194919_Earningscallrecordingsignedupdated.pdf)
- 2026-10-16 — Shareholding Disclosure: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1740072_16102026044922_WEB.xml)
- 2026-10-14 — Generic Announcement: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_20187_WebXMLFile_20261014_182059475.xml)
- 2026-10-14 — Generic Announcement: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FIVESTAR_14102026181142_IntimationEarningsCallOctober2026.pdf)
- 2026-10-13 — Generic Announcement: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_20187_WebXMLFile_20261013_144450725.xml)
- 2026-10-13 — Board Meeting Notice: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FIVESTAR_13102026144030_BMPriorIntimationOct262026.pdf)
- 2026-10-13 — Board Meeting Notice: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_20187_WebXMLFile_20261013_144450725.xml)
- 2026-10-13 — Generic Announcement: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FIVESTAR_13102026181011_ExchangeIntimation.pdf)
- 2026-10-13 — Generic Announcement: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_20187_WebXMLFile_20261013_181222404.xml)
- 2026-10-06 — Generic Announcement: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FIVESTAR_06102026145434_ExchangeIntimation.pdf)
- 2026-09-29 — Generic Announcement: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_20187_WebXMLFile_20260929_111001094.xml)
- 2026-09-29 — Generic Announcement: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FIVESTAR_29092026110739_IntimationonScheduleofInvestorcallSeptember292026.pdf)
- 2026-09-28 — Generic Announcement: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FIVESTAR_28092026123251_Trading_window_closure_intimation.pdf)
- 2026-09-28 — Generic Announcement: Five-Star Business Finance Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_20187_WebXMLFile_20260928_123632402.xml)

## News and market events

- 2026-10-26 — CNBC-TV18: **Five-Star Business Finance Q2 Results: Net profit up 5% on higher NII; AUM expands 14%** — Five-Star Business Finance reported a 4.61% year-on-year increase in net profit to ₹299 crore in Q2 FY27, while net interest income rose 11.5% to ₹691 crore. Assets under management grew 14% year-on-year to ₹14,640 crore, and first-half disbursements increased 44% to ₹3,574 crore. — [Source](https://www.cnbctv18.com/market/stocks/five-star-business-finance-share-price-q2-results-net-profit-up-5-on-higher-nii-aum-expands-14-20019803.htm)
- 2026-09-29 — CNBC-TV18: **Five-Star Business Finance shares fall 3%; Dolat Capital sets target at ₹700** — Dolat Capital described Five-Star Business Finance as a mid-tier non-banking financial company (NBFC) based in Chennai. The company provides secured micro-loans against property (micro-LAP) to small businesses and self-employed borrowers who have limited access to formal credit. — [Source](https://www.cnbctv18.com/market/five-star-business-finance-share-price-falls-dolat-capital-sets-target-at-700-20000761.htm)
- 2026-09-16 — The Hindu: **Sensex today | Stock Market Live: Stock to buy today: Five-Star Business Finance (₹543.75) – BUY** — Sensex, Nifty, Share Prices LIVE: Five-Star Business Finance share price  can go up to ₹615 — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-16th-september-2026/article71468722.ece)
- 2026-09-16 — The Hindu: **Stock to buy today: Five-Star Business Finance (₹543.75) – BUY** — Buy Five-Star Business Finance stock at ₹543.75; target price is ₹615 with bullish short-term outlook and strategic stop-losses. — [Source](https://www.thehindubusinessline.com/portfolio/technical-analysis/stock-to-buy-today-five-star-business-finance-54375-buy/article71468124.ece)
- 2026-09-15 — Mint: **Breakout stocks to buy: Sumeet Bagadia recommends five shares to buy today —15 September 2026** — Breakout stocks to buy: Sumeet Bagadia recommends five breakout stocks to buy today — Five-Star Business Finance, AKUMS Drugs & Pharmaceuticals, Allied Blenders and Distillers, VA Tech Wabag, and Lloyds Engineering Works. — [Source](https://www.livemint.com/market/stock-market-news/breakout-stocks-to-buy-sumeet-bagadia-recommends-five-shares-to-buy-today-15-september-2026-11789433394349.html)
- 2026-09-12 — Economic Times: **F&O Talk: Nifty has slipped below its crucial support, says Sudeep Shah; picks 5 stocks for next week** — After a turbulent trading day, Indian stock indices bounced back significantly as oil prices and bond yields eased. The Sensex and Nifty ended with modest declines, having experienced deeper dips earlier. Previous climbs in crude oil prices and geopolitical issues had weighed down on investor confidence. Analysts suggest maintaining caution and closely watching Niftys support and resistance levels, highlighting particular metal stocks and equities to watch for the week ahead. — [Source](https://economictimes.indiatimes.com/markets/expert-view/fo-talk-nifty-has-slipped-below-its-crucial-support-says-sudeep-shah-picks-5-stocks-for-next-week/articleshow/134119208.cms)
- 2026-07-25 — CNBC-TV18: **Five Star Business Finance Q1 net profit up 2% as disbursements hit record ₹1,496 crore** — On Friday (July 25), shares of Five-Star Business Finance Ltd ended at ₹536.00, up by ₹1.65, or 0.31%, on the BSE. — [Source](https://www.cnbctv18.com/market/stocks/five-star-business-finance-share-price-q1-net-profit-up-2-as-disbursements-hit-record-rs-1496-crore-19953931.htm)
- 2026-07-25 — The Hindu: **Q1 Results 25th July Live: AU Small Finance Bank, IDFC First Bank, Dr. Reddy's Lab, Zen Tech, SBFC Finance, Birla Corporation to announce Q1 results** — Q1 Results Today, 25th July 2026 Live Updates: Find all the latest Q1 results 2026 updates of 3P Land Holdings Limited, AU Small Finance Bank Limited, Birla Corporation Limited, Dodla Dairy Limited, Dr. Reddy's Laboratories Limited, Exxaro Tiles Limited, FCS Software Solutions Limited, Five-Star Business Finance Limited, High Energy Batteries (India) Limited, IDFC First Bank Limited, Lexoraa Industries Limited, Vedant Fashions Limited (Manyavar), Mercury Laboratories Limited, Nila Infrastructure... — [Source](https://www.thehindubusinessline.com/markets/stock-markets/q1-results-today-live-updates-au-small-finance-bank-idfc-first-bank-dr-reddys-lab-zen-tech-sbfc-finance-birla-corporation-results-25-july-2026/article71265209.ece)
- 2026-07-25 — Mint: **Q1 results 2026: AU Small Finance Bank, IDFC First Bank, Zen Technologies, among companies to announce earnings today** — On July 25, around 25 companies, including AU Small Finance Bank and IDFC First Bank, will report Q1 FY27 earnings. Investors key in on outlook commentary as Indian stocks face pressure, following a five-session decline with geopolitical tensions and elevated crude oil prices. — [Source](https://www.livemint.com/market/stock-market-news/q1-results-2026-au-small-finance-bank-idfc-first-bank-zen-technologies-among-companies-to-announce-earnings-today-11784948438496.html)
- 2026-07-21 — Mint: **Stock market today: Gift Nifty hints a weak start; eight day trading stocks to buy on Tuesday, 21 July** — Indian stock markets are expected to open weakly, reflecting investors' caution amid geopolitical tensions and mixed global cues. The Sensex and Nifty 50 both faced declines due to heightened concerns over the US-Iran conflict and rising crude oil prices. — [Source](https://www.livemint.com/market/stock-market-today-gift-nifty-hints-a-weak-start-eight-day-trading-stocks-to-buy-on-tuesday-21-july-11784598013407.html)
- 2026-07-21 — Mint: **Raja Venkatraman recommends three stocks for 21 July** — Market expert Raja Venkatraman shares his top stock picks for 21 July. Here’s his technical outlook and trade strategy. — [Source](https://www.livemint.com/market/stock-market-news/raja-venkatraman-recommends-three-stocks-for-21-july-sensex-nifty-11784561114172.html)

## Business profile

**Strategic vision:** Provides secured loans to unreached micro-entrepreneurs and self-employed.

### Business segments
- **Secured Loans:** Provides secured loans for business purposes, asset creation like home renovation, and significant economic events such as marriage, healthcare, and education.

### Competitive strengths
- Niche underwriting model evaluating borrower intention and repayment ability.
- Focus on serving un-banked and under-banked customer segments.
- Specialization in secured loans for micro-entrepreneurs and self-employed individuals.

## Related stocks

- [Aadhar Housing Finance Limited (Financial Services)](https://faxioms.com/stocks/aadharhfc) — -1.72%
- [Aavas Financiers Limited (Financial Services)](https://faxioms.com/stocks/aavas) — +0.08%
- [Aptus Value Housing Finance India Limited (Financial Services)](https://faxioms.com/stocks/aptus) — -2.68%
- [Computer Age Management Services Limited (Financial Services)](https://faxioms.com/stocks/cams) — -0.47%
- [Can Fin Homes Limited (Financial Services)](https://faxioms.com/stocks/canfinhome) — +0.73%

## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/fivestar
Markdown representation: https://faxioms.com/stocks/fivestar?render=md