Five-Star Business Finance Q2 FY27 Results: Standalone Net Profit ₹299 Crore on Total Income of ₹875 Crore

Summary

Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.

Net profit grew more slowly than total income over the year. Total income rose 8.5% to ₹875.03 crore, while net profit rose 4.6% to ₹299.32 crore. Profit before tax fell 1.9%, so the gap between the two growth rates sits mainly in tax, which fell 21.2% to ₹75.44 crore. The filing notes a reversal of excess tax provision of ₹18.75 crore relating to earlier years, which is included in current tax for the quarter.

Other income is a larger part of the quarter than a year ago. At ₹16.55 crore it is 1.9% of total income, against ₹7.07 crore in the year-earlier quarter, and it equals 4.4% of profit before tax. Revenue from operations rose 7.1% to ₹856.58 crore, so most of the income growth is in that line rather than in other income.

Finance costs fell 6.8% to ₹167.69 crore, which is 19.2% of total income this quarter. Against the quarter before, net profit rose 10.3% while profit before tax rose 3.5%, and the tax line fell 16.7%. The filing does not give the basis of the earlier-years reversal beyond its note, so how much of the tax reduction it accounts for is not known.

The company reports a debt-equity ratio of 1.01 times and a capital to risk weighted assets ratio of 48.69% as at 30 Sep 2026. Gross Stage 3 assets were 3.48% and net Stage 3 assets 2.14%.

The security cover over listed non-convertible debentures was 1.19 times at 30 Sep 2026. The company says it has no subsidiary, associate or joint venture as on the same date.

Inference

The filing reports the Board's approval of the results and an unmodified review report from the joint statutory auditors.

The filing does not say what effect the change in Chief Risk Officer will have on operations, and it does not give the basis of the excess tax provision reversal beyond its note.

Reference: Original filing (PDF)