Five-Star Business Finance Limited Releases Quarterly Results, Announces Key Appointments and Auditor Proposal
Five-Star Business Finance Limited has announced its unaudited financial results for the quarter ended June 30, 2026, alongside important corporate governance updates. The company also proposed the appointment of a new joint statutory auditor and confirmed several key compliance metrics related to its secured debentures.The Board meeting held on July 25, 2026, considered and approved the unaudited financial results, which were reviewed by Statutory Auditors M/s Deloitte Haskins & Sells and received an unmodified opinion.
Financial Performance Highlights (Quarter ended June 30, 2026)
The company reported Total income of 83,874.12 lakhs for the quarter. Key financial figures are summarized below:| Particulars | Quarter ended June 30, 2026 | Quarter ended March 31, 2026 | Quarter ended June 30, 2025 |
|---|---|---|---|
| Total revenue from operations | 82,898.09 | 81,694.54 | 78,667.77 |
| Total income | 83,874.12 | 82,605.82 | 79,118.74 |
| Total expenses | 47,679.01 | 46,892.86 | 43,623.39 |
| Profit before tax | 36,195.11 | 35,712.96 | 35,495.35 |
| Profit for the period/year | 27,140.86 | 26,926.78 | 26,631.16 |
| Total comprehensive income for the period/year | 27,054.69 | 27,715.75 | 26,478.54 |
Key Corporate Governance Decisions
The Board of Directors made several significant decisions regarding appointments and tenure extensions:- New Director Appointment: Mr. Sreeram Ranganathan Iyer was approved as an Additional Director designated as a Non-Executive Independent Director for the first term of five consecutive years, effective July 25, 2026.
- Compliance Officer Extension: The Board approved the extension of tenure for Mr. R. Vijayaraghavan as Chief Compliance Officer for a period of three years, starting October 1, 2026.
- Auditor Proposal: Based on recommendations from the Audit Committee, M/s Suri & Co, Chartered Accountants, was proposed as the Joint Statutory Auditors for a continuous period of three years, commencing from the conclusion of the company's 42nd AGM up to the conclusion of the 45th AGM.
Financial Health and Covenant Status
Disclosures pertaining to financial metrics and covenant compliance were presented alongside the results. Key indicators included:| Ratio/Metric | As at June 30, 2026 | As at March 31, 2026 |
|---|---|---|
| Debt-equity ratio | 1.03 | 1.11 |
| Total debts to total assets | 0.50 | 0.52 |
| Net worth (Equity share capital + Other equity) | 7,65,342.37 | 7,38,015.36 |
| Liquidity coverage ratio (LCR) | 296% | 258% |
| Capital to risk weighted assets ratio | 51.25% | 51.89% |
| Security cover over listed non-convertible debentures | 1.19 | 1.20 |
Management confirmed that the company complied with all financial covenants as prescribed in the Debenture Trust Deed as of June 30, 2026. The security cover over listed non-convertible debentures was noted at 1.19 times as of June 30, 2026.
FIVESTAR Stock Price Movement
On Friday, shares of Five-Star Business Finance Limited edged higher to close at ₹535.2, marking a 0.19% gain. The stock traded within the day's range of ₹520.5 to ₹538 and accounted for a volume of 495,386 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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