Lends to micro and small businesses in India, primarily through secured business loans against property, with a loan book (AUM) of ₹13,722 cr as of Q1 FY27. Funds itself by borrowing at a book cost of 8.80%, with the spread between borrowing costs and lending yields (NIM of 19.97%) being the core earnings driver; quarterly disbursements hit a record ₹1,496 cr in Q1 FY27 (+23% QoQ), and total income for the quarter was ₹838.7 cr. Operates through 856 branches with over 500,000 active loan customers; 85-90% of loans are disbursed for a 7-year tenure. Employee cost runs at 19.6% of revenue, with depreciation at 1.2% and other operating expenses at 5.1%; the dominant cost for an NBFC is interest on borrowings. Asset quality shows 83.3% of the book as current, 30-plus DPD at 12.38%, gross Stage 3 at 3.46%, and credit cost at 1.85% of AUM, with collection efficiency at 97.9%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Lending to micro and small businesses. Secured, asset-heavy NBFC focused on micro/small business lending with long-tenure loans
| ₹ crore · consolidated | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | 1,529 | 2,183 | 2,848 | 3,218 |
| EBITDA (ex other income) | 1,088 | 1,597 | 2,111 | 2,209 |
| margin % | 71.2 | 73.1 | 74.1 | 68.6 |
| Owners' profit | 603 | 836 | 1,072 | 1,099 |
| EPS, as reported (₹) | 20.71 | 28.64 | 36.61 | 37.31 |
| ROE % · ROCE % | 13.9 · — | 16.1 · — | 17.0 · — | 14.9 · — |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | (1,123) | (2,122) | (1,045) | (264) |
| Capex | (12) | (22) | (83) | (26) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 702 | 727 | 752 | 787 | 799 | 815 | 817 | 829 |
| Profit before tax | 358 | 365 | 371 | 355 | 382 | 369 | 357 | 362 |
| Net profit | 268 | 274 | 279 | 266 | 286 | 277 | 269 | 271 |
| EPS (₹) | 9.16 | 9.36 | 9.49 | 9.04 | 9.72 | 9.41 | 9.14 | 9.19 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 6,43,552 | 31.7 | 5.50 | 11.6 | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 2,42,019 | 18.1 | 3.67 | 6.7 | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,57,446 | 27.2 | 5.17 | 6.9 | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,54,110 | 28.2 | 3.27 | 6.5 | 10.4 | — | — |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Sept 2026 · Schedule of investor/analyst meeting with JM Mutual Fund on Sept 11, 2026 | board shareholder meetings | low | — | — |
| 8 Sept 2026 · Five-Star to meet BoB BNP Paribas MF on Sept 10 | board shareholder meetings | low | — | — |
| 8 Sept 2026 · Five-Star Business Finance to meet Edelweiss MF and Nimida Capital on Sept 9 | board shareholder meetings | low | — | — |
| 8 Sept 2026 · Five-Star Business Finance schedules investor meetings on September 9 | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Five-Star Business Finance to meet Fidelity on Sept 8 | investor communications | low | — | — |
| 4 Sept 2026 · Five-Star Business Finance to meet Franklin Templeton, Dolat Capital, Fidelity | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Five-Star Business Finance to meet New Mark Capital on Sept 3 | board shareholder meetings | low | — | — |
| 1 Sept 2026 · Five-Star Business Finance: All 8 resolutions passed at 42nd AGM | compliance | minimal | — | — |
| 31 Aug 2026 · Five-Star Business Finance 42nd AGM: 8 resolutions passed, Rs 2 dividend declared | board shareholder meetings | low | — | — |
| 12 Aug 2026 · Allotment of 650 equity shares under ESOP scheme | capital market events | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| 75.8 |
| MUTHOOT FINANCE LIMITED | 1,12,094 | 9.9 | 2.82 | 3.9 | 26.7 | — | 22.0 | 84.0 |
| SBI CARDS & PAY SER LTD | 62,349 | 27.4 | 3.96 | — | 13.8 | — | — | 33.1 |
| HDB FINANCIAL SERVICES L | 55,706 | 20.2 | 2.70 | — | 12.3 | — | — | 58.0 |
| SUNDARAM FINANCE LTD | 52,217 | 23.3 | 3.51 | 6.7 | 13.8 | — | — | 78.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 14.8 | 18.2 | 92 of 212 | 57% |
| P/B | 2.2 | 1.1 | 177 of 245 | 28% |
| ROE | 14.9 | 3.0 | 22 of 266 | 92% |
| Debt / Equity | 0.0 | 0.0 | 5 of 266 | 11% |
| EBITDA margin | 65.5 | 48.6 | 99 of 249 | 61% |
| Revenue growth | 5.4 | 12.6 | 127 of 231 | 45% |
| Profit growth | 1.9 | 7.8 | 131 of 251 | 48% |
| Market cap | 16406 | 37 | 16 of 260 | 94% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
